OLAM GROUP LIMITED (VC2) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of OLAM GROUP LIMITED S$2.47, price S$0.93, upside +165.6%, quality 49 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 1, 2026.
How to read this chart
60‑month range 0.7129 SGD – 1.48 SGD · fair‑value band 1.85 SGD – 3.09 SGD · the 0.9300 SGD price screens below the 2.47 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 1, 2026.
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Olam Group Limited engages in sourcing, processing, packaging, and merchandising of agricultural products worldwide. It operates through Olam Food Ingredients, Olam Global Agri, and Remaining Olam Group segments.
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Olam Group Limited engages in sourcing, processing, packaging, and merchandising of agricultural products worldwide. It operates through Olam Food Ingredients, Olam Global Agri, and Remaining Olam Group segments. The company offers cocoa, coffee, dairy, nuts, and spices; and grains and oilseeds, feed and proteins, edible oils, rice, specialty grains and seeds, cotton, rubber, animal feed and protein, poultry breeding, wood products, and commodity financial services, as well as food, feed, and fibers. It also provides bakery, beverages, chocolate and confectionery, dairy and desserts, savoury and culinary, and snacking products. It operates in Asia, the Middle East, Australia, Africa, Europe, and the Americas. The company was founded in 1989 and is based in Singapore.
Stock analysis
OLAM GROUP LIMITED (VC2) currently trades at 0.9300 SGD, while our model-based Fair Value estimate is 2.47 SGD, implying the stock looks roughly 62.3% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 3.73 SGD per share, and 22 of the 22 models we run sit above the 0.9300 SGD price.
Bear case: the Asset-Based group reads lowest at 1.24 SGD, and 0 of the 22 models stay below the price. Evidence for this calculation is low.
Scenario range: 1.85 SGD (bear) to 3.09 SGD (bull), the price of 0.9300 SGD sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 49/100 (below-average quality), in the Consumer Defensive sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
OLAM GROUP LIMITED reported revenue of 29.6B SGD in FY2025 versus 47.0B SGD in FY2021, a compound −10.9%/yr. Reported net income was 444M SGD in FY2025, compounding −10.3%/yr from FY2021.
Key figures
Market cap 3.5B SGD (≈ $2.7B) · P/E ratio 93.0 · P/S ratio 1.39 · EPS (TTM) 0.0100 SGD · Dividend yield 5.4% · Net margin 1.5% · Return on equity −0.8% · Return on assets (EBIT) 7.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 30% below its 52-week high and 20% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −23% fair-value upside, at 166%, VC2 screens cheaper than that median.
Fair Value models
Bear 1.85 SGDFair Value 2.47 SGDBull 3.09 SGD
Price 0.9300 SGD · Upside +165.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+28.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−18.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−3.7%
Start year 2020 (pandemic)
Revenue growth 6 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−1.8%
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
≈ −6.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−11.7%
Dividend (yield on the price)5.4%
Profit margin 2019 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.2% → 5%
⚠ Rate on operating basis: 2025 sits 61% above its own trend.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+21.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Singapore: IMF forecast 2.0% a year to 2030, 1.7% from 2016 to 2025) that is about +19.3% a year for the price.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Food Distribution · 85 stocks
Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score49 · Below median
Fair Value upside+165.6% · Top 25%
Profitability
Return on assets1.4% · Below median
Net margin (TTM)7.5% · Top 25%
Operating margin (TTM)3.1% · Below median
Growth and dividend
Revenue growth−18.3% · Bottom 25%
Dividend yield (TTM)5.4% · Top 25%
Balance sheet
Debt / equity0.94× · Highest 25%
Valuation Multiplesvs Food Distribution median · lower = cheaper
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Cite: Fair Value Calculator (2026). "OLAM GROUP LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/VC2
Frequently asked questions
Is OLAM GROUP LIMITED (VC2) overvalued or undervalued?
As of Oct 1, 2026, our model estimates a fair value of 2.47 SGD versus a price of 0.9300 SGD, about +166% upside (undervalued).
What is the fair value of VC2?
Our model-based fair value for OLAM GROUP LIMITED is 2.47 SGD (as of Oct 1, 2026), built from audited fundamentals. The current price: 0.9300 SGD.
What is the quality score of VC2?
OLAM GROUP LIMITED has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for OLAM GROUP LIMITED (VC2)?
Our model-based price target is the fair value of 2.47 SGD (as of Oct 1, 2026) from 22 valuation models. Cautious scenario 1.85 SGD, optimistic scenario 3.09 SGD. It is a calculation from audited fundamentals, not an analyst target.
What is the OLAM GROUP LIMITED stock forecast for 2026?
Our models put fair value at 2.47 SGD, about +166% upside versus a price of 0.9300 SGD (undervalued). Cautious scenario 1.85 SGD, optimistic scenario 3.09 SGD. The calculation is refreshed regularly with new filings.
What is the revenue of OLAM GROUP LIMITED (VC2)?
OLAM GROUP LIMITED reported trailing-twelve-month revenue of about 26.9B SGD (latest available figure, as of Oct 1, 2026).
Does OLAM GROUP LIMITED pay a dividend?
OLAM GROUP LIMITED currently shows a dividend yield of about 5.38% relative to its recent price (as of Oct 1, 2026).
What growth is priced into OLAM GROUP LIMITED (VC2)?
For today's price to be fair in a discounted-cash-flow model, OLAM GROUP LIMITED would have to grow free cash flow by +21.7 % per year for five years (discount rate 8.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -3.7 % per year. As of Oct 1, 2026.
What discount rate (WACC) does the fair value of VC2 use?
Our models discount OLAM GROUP LIMITED at 8.4 %: a base by market capitalisation (mid), damped by beta 0.52, country premium for Singapore. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For OLAM GROUP LIMITED that is +21.7 % per year a year over ten years, using the same discount rate (8.4 %) and the same formula as our fair value.
How much growth has OLAM GROUP LIMITED (VC2) delivered so far?
Over the past 5 years revenue at OLAM GROUP LIMITED grew -3.7 % a year. The price currently implies +21.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of OLAM GROUP LIMITED (VC2) growing?
The median revenue growth in the sector is +3.3 % a year. That is the yardstick for the growth priced into OLAM GROUP LIMITED (+21.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of OLAM GROUP LIMITED (VC2)?
The free-cash-flow yield on the price is 9.55 %: that much free cash flow OLAM GROUP LIMITED produces per unit of market value. When it exceeds the discount rate of our models (8.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of OLAM GROUP LIMITED (VC2)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For OLAM GROUP LIMITED it is 2.47 SGD per share (as of Oct 1, 2026), against a price of 0.9300 SGD. It is the blended result of 22 valuation models (cash flow, earnings, asset, dividend).
Is OLAM GROUP LIMITED stock overvalued or undervalued in 2026?
As of Oct 1, 2026, VC2 trades below its calculated fair value: price 0.9300 SGD, fair value 2.47 SGD, a gap of about +166% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of VC2?
No. The price is what the market pays today (0.9300 SGD); the fair value is what the company's own numbers justify (2.47 SGD). For OLAM GROUP LIMITED the two are 1.54 SGD per share apart. That gap is exactly why we show both numbers side by side.
How much is OLAM GROUP LIMITED worth?
The market values OLAM GROUP LIMITED at about 3.5B SGD (market capitalisation, as of Oct 1, 2026). Per share that is 0.9300 SGD; our models calculate a fair value of 2.47 SGD per share.
What do the bullish and bearish scenarios say about VC2?
Our models span a range for OLAM GROUP LIMITED: cautious scenario 1.85 SGD, base 2.47 SGD, optimistic 3.09 SGD per share (as of Oct 1, 2026, price 0.9300 SGD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of VC2?
OLAM GROUP LIMITED trades at a price-to-earnings ratio of 93.0 (as of Oct 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 2.47 SGD is built from several models across several years. Other multiples: PEG 0.6.
What is the PEG ratio of VC2?
The PEG ratio of OLAM GROUP LIMITED is 0.58 (P/E divided by earnings growth, as of Oct 1, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of OLAM GROUP LIMITED (VC2)?
Balance-sheet figures for OLAM GROUP LIMITED (as of Oct 1, 2026): return on equity −0.8%, debt of 0.94 per unit of equity. They feed the Quality Score of 49/100, which measures business quality independently of the share price.
How far is VC2 from its 52-week high?
OLAM GROUP LIMITED trades at 0.9300 SGD, about 30% below its 52-week high of 1.33 SGD and 20% above the low of 0.7777 SGD (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of 2.47 SGD is for.
Which stocks are comparable to OLAM GROUP LIMITED?
From the same area (Consumer Defensive) we also value Sysco Corporation, US Foods Holding, Performance Food Group, Jerónimo Martins, SGPS, S.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is OLAM GROUP LIMITED stock attractive at the current price?
The data as of Oct 1, 2026: price 0.9300 SGD, calculated fair value 2.47 SGD (+166%), Quality Score 49/100, from 22 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of VC2 calculated?
We run OLAM GROUP LIMITED through 22 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 2.47 SGD, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.9 % above its aggregate fair value. OLAM GROUP LIMITED currently trades 62 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of OLAM GROUP LIMITED (VC2)?
The closing price on Oct 2, 2026 was 0.9300 SGD. Our model-based fair value is 2.47 SGD, about +166% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with OLAM GROUP LIMITED right now?
The price is below even our cautious bear case (1.85 SGD). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of OLAM GROUP LIMITED
How large is the market capitalisation of OLAM GROUP LIMITED (VC2)?
The market capitalisation of OLAM GROUP LIMITED is 3.5B SGD (≈ $2.7B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of OLAM GROUP LIMITED (VC2)?
The price-to-sales ratio of OLAM GROUP LIMITED is 1.39 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of OLAM GROUP LIMITED (VC2)?
Earnings per share at OLAM GROUP LIMITED are 0.0100 SGD (price ÷ EPS = P/E 93.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of OLAM GROUP LIMITED (VC2)?
The dividend yield of OLAM GROUP LIMITED is 5.4%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of OLAM GROUP LIMITED (VC2)?
The net margin of OLAM GROUP LIMITED is 1.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of OLAM GROUP LIMITED (VC2)?
The return on equity (ROE) of OLAM GROUP LIMITED is −0.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of OLAM GROUP LIMITED (VC2)?
On an EBIT basis the return on assets of OLAM GROUP LIMITED is 7.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of OLAM GROUP LIMITED (VC2)?
The operating margin of OLAM GROUP LIMITED is 3.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at OLAM GROUP LIMITED (VC2)?
Revenue at OLAM GROUP LIMITED is growing −18.3% versus a year earlier (3y avg −18.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at OLAM GROUP LIMITED (VC2)?
Earnings per share at OLAM GROUP LIMITED are growing +516% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does OLAM GROUP LIMITED (VC2) carry?
The net debt of OLAM GROUP LIMITED is 12.5B SGD (fiscal year 2025, ≈ 37.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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