EN DE

WING TAI HOLDINGS LIMITED (W05) Fair Value & Analysis

Real Estate · SG · Market cap 1.2B SGD

WT WING TAI HOLDINGS LIMITED W05 · SG
Price1.55 SGD
Fair Value0.2000 SGD
Upside-87.1%
Quality51/100

Structural break: The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.

Watch WING TAI HOLDINGS LIMITED for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -7.9% net margin
Low debt · negative free cash flow
1.95% dividend yield
Trails peers (4/13)
Narrow moat 17/100
Evidence: Low Range 0.1300 SGD – 0.2400 SGD Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 5 days ago

Share price −1.9% over the past month.

A solid business, but screening 87% overvalued on our models.

Fair value for all 35,000+ stocks, review alerts and the diversification check: 14 days of Pro free, no card.

What matters now

  • The price sits above even our optimistic bull case (0.2400 SGD). The favourable scenario is already priced in.
  • 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 but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (0.1300 SGD to 0.2400 SGD) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

1.73 SGD 1.01 SGD Fair Value 0.2000 SGD May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 1.01 SGD – 1.73 SGD · fair‑value band 0.1300 SGD – 0.2400 SGD · the 1.55 SGD price screens above the 0.2000 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

WING TAI HOLDINGS LIMITED (W05) currently trades at 1.55 SGD, while our model-based Fair Value estimate is 0.2000 SGD, implying the stock looks roughly 87.1% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, WING TAI HOLDINGS LIMITED generated revenue of 388M SGD at a net margin of -7.9%. Revenue grew 139.8% year over year. It earns a return on equity of -1.2%. Net debt stands at 832M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.1300 SGD (bear case) to 0.2400 SGD (bull case); at 1.55 SGD, the current price sits above 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 12% below its 52-week high and 24% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 15% fair-value upside, at -87%, W05 screens richer 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 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. Evidence
Highest evidence
NCAV (Graham) 1.86 SGD 2.50 SGD 3.73 SGD 50
All 1 models by family
Asset-Based
NCAV (Graham) 1.86 SGD 2.50 SGD 3.73 SGD 50

Notify me when W05 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 388M SGD
Revenue growth (YoY) +140%
Net margin -7.9%
Return on equity -1.2%
Free cash flow −447M SGD FY2025
Operating margin 9.7%
More key figures
EPS (TTM) -0.0400 SGD
Dividend yield 2.0%
EPS growth (YoY) +300%
Net debt 832M SGD FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 49 · Market factors (momentum, volatility) 61

Profitability 6
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 96
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 53
Distance to the 52-week high (market factor)
Net Issuance 80
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

Wing Tai Holdings Limited, an investment holding company, engages in the property investment and development business in Singapore, Malaysia, Australia, Japan, Hong Kong, and China. It operates through Development Properties, Investment Properties, Retail, and other segments.

Full company description

Wing Tai Holdings Limited, an investment holding company, engages in the property investment and development business in Singapore, Malaysia, Australia, Japan, Hong Kong, and China. It operates through Development Properties, Investment Properties, Retail, and other segments. The company develops and sells residential and commercial properties; and manages and operates hotels and serviced residences under the Lanson Place name, as well as a boutique hotel in Hong Kong. It is also involved in the retail of garments; and project management and maintenance of properties. Wing Tai Holdings Limited was founded in 1955 and is based in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

WING TAI HOLDINGS LIMITED reported revenue of 230M SGD in FY2025 versus 461M SGD in FY2021, a compound −16.0%/yr. Reported net income was −61.0M SGD in FY2025.

Growth Quality 6/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
230M SGD
Latest YoY
+36.1%
Avg. growth/yr (3Y) 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.
−23.5%
Avg. growth/yr (5Y) 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.
−9.1%
Avg. growth/yr (11Y) 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.
−10.7%
Revenue −16.0%/yr
FY21 461M SGD
FY22 515M SGD
FY23 476M SGD
FY24 169M SGD
FY25 230M SGD
Net income
FY21 43.6M SGD
FY22 140M SGD
FY23 13.3M SGD
FY24 −78.7M SGD
FY25 −61.0M SGD

W05 screens 87% overvalued. Compare with DLF Limited →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "WING TAI HOLDINGS LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/W05

Peer Group

Real Estate - Development · 592 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 52 · Above median
Fair Value upside −87% · Bottom 25%
Return on assets 0% · Below median
Net margin (TTM) -8% · Bottom 25%
Operating margin (TTM) 10% · Below median
Revenue growth 140% · Top 25%
Dividend yield (TTM) 2.0% · Below median
Debt / equity 0.42× · Higher than median

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/B 0.33× · Cheaper than median
P/S (TTM) 2.41× · Pricier than median
EV/EBITDA 45.6× · Pricier than 75% of peers
PEG 0.28× · 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 0 · sector 47
FUTURE 100 · sector 0
PAST 0 · sector 9
HEALTH 79 · sector 85
DIVIDEND 39 · sector 58

VALUE 0: the price sits above our fair-value range.

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 Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹661.75 ₹146.13 -78%
Lodha Developers Limited LODHA ₹1,209 ₹583.43 -52%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,050 IDR 1,330 IDR -78%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 595.00 IDR 1,488 IDR +150%
PT Sentul City Tbk, BKSL 73.00 IDR 84.16 IDR +15%
PT Ciputra Development Tbk, CTRA 610.00 IDR 1,525 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,300 IDR 6,239 IDR +45%
PT Puradelta Lestari Tbk DMAS 147.00 IDR 164.33 IDR +12%
Phat Dat Real Estate Development Corporation PDR 12,100 VND 4,943 VND -59%

Compare WING TAI HOLDINGS LIMITED with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is WING TAI HOLDINGS LIMITED (W05) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.2000 SGD versus a price of 1.55 SGD, about −87% (overvalued).
What is the fair value of W05?
Our model-based fair value for WING TAI HOLDINGS LIMITED is 0.2000 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 1.55 SGD.
What is the quality score of W05?
WING TAI HOLDINGS LIMITED has a Quality Score of 51/100. 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 revenue of WING TAI HOLDINGS LIMITED (W05)?
WING TAI HOLDINGS LIMITED reported trailing-twelve-month revenue of about 388M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of W05?
The net profit margin of WING TAI HOLDINGS LIMITED is about -7.9%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does WING TAI HOLDINGS LIMITED pay a dividend?
WING TAI HOLDINGS LIMITED currently shows a dividend yield of about 1.95% relative to its recent price (as of Aug 13, 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.

14 days Pro free · no card

Track WING TAI HOLDINGS LIMITED and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.