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Resources Global Development Limited (V7R) Fair Value & Analysis

Industrials · SG · Market cap 105M SGD

RG Resources Global Development Limited V7R · SG
Price0.2300 SGD
Fair Value0.6900 SGD
Upside+200.0%
Quality50/100
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Expensive Growth
Highly profitable · 20.7% net margin
Low debt · negative free cash flow
1.90% dividend yield
Ranks above peers (11/13)
Moderate moat 63/100
Evidence: Medium Range 0.5175 SGD – 0.8625 SGD Share as image

Fair value as of: Aug 9, 2026

From 15 valuation models · updated today

Fair value updated Aug 9, 2026, revised from 0.8400 SGD to 0.6900 SGD (−17.9%) since Jul 4, 2026. Share price +9.5% over the past month.

A solid business, screening 200% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.5175 SGD). The market is more pessimistic than our downside scenario.
  • Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

0.2402 SGD 0.0369 SGD Fair Value 0.6900 SGD Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 9, 2026.

How to read this chart

60‑month range 0.0369 SGD – 0.2402 SGD · fair‑value band 0.5175 SGD – 0.8625 SGD · the 0.2300 SGD price screens below the 0.6900 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 9, 2026.

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Analysis

Resources Global Development Limited (V7R) currently trades at 0.2300 SGD, while our model-based Fair Value estimate is 0.6900 SGD, implying the stock looks roughly 200.0% undervalued today. The Quality Score stands at 50/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Resources Global Development Limited generated revenue of 120M SGD at a net margin of 20.7%. Revenue grew 36.1% year over year. It earns a return on equity of 20.9%. The stock trades on a trailing P/E of 4.2. Fundamentals as of Aug 9, 2026

Our scenario range runs from 0.5175 SGD (bear case) to 0.8625 SGD (bull case); at 0.2300 SGD, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 6% below its 52-week high and 23% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 67% fair-value upside, at 200%, V7R screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income 0.2800 SGD 0.3400 SGD 0.7100 SGD 76
ROIC Compounder 0.2400 SGD 0.2700 SGD 0.3000 SGD 72
Growth-Adj P/E 0.8400 SGD 1.19 SGD 1.55 SGD 68
All 15 models by family
DCF Models
Owner Earnings 0.0600 SGD 0.1200 SGD 0.2300 SGD 31
Earnings-Based
Graham-Dodd 0.3400 SGD 2.07 SGD 2.89 SGD 54
Lynch FV 0.5900 SGD 0.8500 SGD 1.10 SGD 50
PEG = 1.0 0.5900 SGD 0.8500 SGD 1.10 SGD 46
EPV 0.2400 SGD 0.2700 SGD 0.3000 SGD 59
Multiples
P/E Multiple 0.7400 SGD 0.9900 SGD 1.24 SGD 63
P/S Multiple 0.4500 SGD 0.6000 SGD 0.7500 SGD 58
P/B Multiple 0.6300 SGD 0.8400 SGD 1.06 SGD 55
EV/EBIT 0.5900 SGD 0.7900 SGD 0.9900 SGD 53
EV/EBITDA 0.6300 SGD 0.8500 SGD 1.06 SGD 54
EV/Revenue 0.3900 SGD 0.5600 SGD 0.7400 SGD 43
Asset-Based
NCAV (Graham) 0.1500 SGD 0.2000 SGD 0.3000 SGD 50
Economic Profit
Residual Income 0.2800 SGD 0.3400 SGD 0.7100 SGD 76
ROIC Compounder 0.2400 SGD 0.2700 SGD 0.3000 SGD 72
Growth Earnings
Growth-Adj P/E 0.8400 SGD 1.19 SGD 1.55 SGD 68

Widest divergence: Growth Earnings (1.19 SGD) versus DCF Models (0.1200 SGD). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 120M SGD
Revenue growth (YoY) +36.1%
Net margin 20.7%
Return on equity 20.9%
Free cash flow −2.3M SGD FY2025
P/E ratio 4.2
More key figures
Operating margin 17.2%
EPS (TTM) 0.0500 SGD
Dividend yield 1.9%
EPS growth (YoY) +188%

Figures from reported company fundamentals · as of Aug 9, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 46 · Market factors (momentum, volatility) 57

Profitability 51
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 36
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 62
Distance to the 52-week high (market factor)
Net Issuance 40
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Resources Global Development Limited, an investment holding company, engages in shipping services, coal mining, and construction services in Singapore, Indonesia, and the People's Republic of China. The company operates through Trading Business, Shipping Services, Mining Business, and Construction Business segments.

Full company description

Resources Global Development Limited, an investment holding company, engages in shipping services, coal mining, and construction services in Singapore, Indonesia, and the People's Republic of China. The company operates through Trading Business, Shipping Services, Mining Business, and Construction Business segments. Its coal trading business procures thermal coal from coal mines located in South Kalimantan and supplies primarily to coal traders that serves domestic end-users. The company's coal shipping services business provides chartering services of tugboats, barges, and bulk carrier to transport coal primarily between coal mines located in South Kalimantan. It operates a fleet of Indonesian-flagged vessels, comprising tugboats and bulk carriers. The company was founded in 2005 and is based in Singapore. Resources Global Development Limited operates as a subsidiary of Deli International Resources Pte. Ltd.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Resources Global Development Limited reported revenue of 120M SGD in FY2025 versus 133M SGD in FY2021, a compound −2.6%/yr. Reported net income was 24.8M SGD in FY2025, compounding +13.8%/yr from FY2021.

Growth Quality 54/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
120M SGD
Latest YoY
+50.0%
Avg. growth/yr (3Y)
−12.5%
Avg. growth/yr (5Y)
+10.4%
Avg. growth/yr (6Y)
+6.0%
Revenue −2.6%/yr
FY21 133M SGD
FY22 179M SGD
FY23 106M SGD
FY24 79.9M SGD
FY25 120M SGD
Net income +13.8%/yr
FY21 14.8M SGD
FY22 20.1M SGD
FY23 12.9M SGD
FY24 10.3M SGD
FY25 24.8M SGD

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Cite: Fair Value Calculator (2026). "Resources Global Development Limited Fair Value". https://www.fairvalue-calculator.com/stock/V7R

Peer Group

Marine Shipping · 230 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 50 · Below median
Fair Value upside +200% · Top 25%
Return on equity (TTM) 21% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 21% · Above median
Operating margin (TTM) 17% · Above median
Revenue growth 36% · Top 25%
Dividend yield (TTM) 1.9% · Below median
Debt / equity 0.11× · Lower than median

Valuation Multiples vs Marine Shipping median · lower = cheaper

P/E (TTM) 4.2× · Cheaper than 75% of peers
P/B 0.54× · Cheaper than 75% of peers
P/S (TTM) 0.69× · Cheaper than 75% of peers
EV/EBITDA 2.7× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 28
FUTURE 100 · sector 18
PAST 83 · sector 27
HEALTH 95 · sector 88
DIVIDEND 38 · sector 45

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Marine Shipping stocks, each showing price versus our Fair Value estimate (as of Aug 9, 2026).

Stock Price Fair Value vs Fair Value
Adani Ports and Special Economic Zone Limited ADANIPORTS ₹1,828 ₹1,041 -43%
A.P. Møller - Mærsk A/S MAERSKA kr 16,520 kr 3,033 -82%
COSCO SHIPPING Holdings 601919 ¥13.98 ¥40.37 +189%
Shanghai International Port (Group) Co 600018 ¥5.17 ¥6.57 +27%
HMM Co 011200 20,050 KRW 33,855 KRW +69%
Ningbo Zhoushan Port Company 601018 ¥3.35 ¥5.58 +67%
Qingdao Port International Co 601298 ¥8.88 ¥15.97 +80%
JSW Infrastructure Limited JSWINFRA ₹330.05 ₹126.31 -62%
Wan Hai Lines Ltd 2615 80.70 TWD 212.79 TWD +164%
Wallenius Wilhelmsen ASA WAWI kr 137.70 kr 50.56 -63%

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Frequently asked questions

Is Resources Global Development Limited (V7R) overvalued or undervalued?
As of Aug 9, 2026, our model estimates a fair value of 0.6900 SGD versus a price of 0.2300 SGD, about +200% (undervalued).
What is the fair value of V7R?
Our model-based fair value for Resources Global Development Limited is 0.6900 SGD (as of Aug 9, 2026), built from audited fundamentals. The current price is 0.2300 SGD.
What is the quality score of V7R?
Resources Global Development Limited has a Quality Score of 50/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Resources Global Development Limited (V7R)?
Resources Global Development Limited reported trailing-twelve-month revenue of about 120M SGD (latest available figure, as of Aug 9, 2026).
What is the net profit margin of V7R?
The net profit margin of Resources Global Development Limited is about 20.7%, meaning it keeps roughly 20.7% of revenue as net income. Based on the latest reported figures.
Does Resources Global Development Limited pay a dividend?
Resources Global Development Limited currently shows a dividend yield of about 1.90% relative to its recent price (as of Aug 9, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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