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SAMURAI 2K AEROSOL LTD (Y8E) Fair Value & Analysis

Basic Materials · SG · Market cap 43.5M SGD

S2 SAMURAI 2K AEROSOL LTD Y8E · SG
Price0.1000 SGD
Fair Value0.1103 SGD
Upside+10.3%
Quality72/100
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Weak Growth
Highly profitable · 21.2% net margin
Low debt · generates free cash flow
9.23% dividend yield
Ranks above peers (11/13)
Moderate moat 62/100
Evidence: High Range 0.0809 SGD – 0.1985 SGD Share as image

Fair value as of: Aug 13, 2026

From 22 valuation models · updated 5 days ago

Fair value updated Aug 13, 2026, revised from 0.1500 SGD to 0.1103 SGD (−26.5%) since Aug 9, 2026. Share price −23.1% over the past month.

A solid business, screening 10% undervalued on our models.

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What matters now

  • A fairly wide model range (0.0809 SGD to 0.1985 SGD) leaves room in how you read the outcome.
  • Our model range runs from 0.0809 SGD (bear) to 0.1985 SGD (bull), base 0.1103 SGD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 72/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

0.5153 SGD 0.0554 SGD Fair Value 0.1103 SGD Jan 2017 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 0.0554 SGD – 0.5153 SGD · fair‑value band 0.0809 SGD – 0.1985 SGD · the 0.1000 SGD price screens below the 0.1103 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

SAMURAI 2K AEROSOL LTD (Y8E) currently trades at 0.1000 SGD, while our model-based Fair Value estimate is 0.1103 SGD, implying the stock looks roughly 10.3% undervalued today. The Quality Score stands at 72/100 (solid quality), in the Basic Materials 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: high), always confirm before acting.

Over the trailing twelve months, SAMURAI 2K AEROSOL LTD generated revenue of 82.2M SGD at a net margin of 21.2%. Revenue grew 23.0% year over year. It earns a return on equity of 22.9%. Net debt stands at 6.2M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.0809 SGD (bear case) to 0.1985 SGD (bull case); at 0.1000 SGD, the current price sits within 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 30% below its 52-week high and 27% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -68% fair-value upside, at 10%, Y8E 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 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
Growth DCF 0.5600 SGD 0.6600 SGD 0.8200 SGD 80
Residual Income 0.2700 SGD 0.3500 SGD 1.01 SGD 76
Rev-Margin DCF 0.4300 SGD 0.5400 SGD 0.6900 SGD 74
All 22 models by family
DCF Models
FCF DCF 0.5500 SGD 0.6500 SGD 0.8400 SGD 38
Owner Earnings 0.4300 SGD 0.5000 SGD 0.6400 SGD 31
5Y Revenue Exit 0.4300 SGD 0.5300 SGD 0.6800 SGD 39
5Y EBITDA Exit 0.4600 SGD 0.5900 SGD 0.7500 SGD 41
5Y P/E Exit 0.6000 SGD 0.8300 SGD 1.10 SGD 38
10Y Revenue Exit 0.4700 SGD 0.5600 SGD 0.6600 SGD 36
10Y EBITDA Exit 0.5000 SGD 0.6000 SGD 0.7000 SGD 37
10Y P/E Exit 0.5700 SGD 0.7300 SGD 0.9000 SGD 35
Earnings-Based
Graham-Dodd 0.3500 SGD 0.6000 SGD 0.7300 SGD 54
EPV 0.2700 SGD 0.2900 SGD 0.3100 SGD 59
Multiples
P/E Multiple 0.6600 SGD 0.8900 SGD 1.11 SGD 63
P/S Multiple 0.2800 SGD 0.3700 SGD 0.4600 SGD 58
P/B Multiple 0.5500 SGD 0.7400 SGD 0.9200 SGD 55
EV/EBIT 0.4000 SGD 0.5000 SGD 0.6100 SGD 53
EV/EBITDA 0.4300 SGD 0.5500 SGD 0.6700 SGD 54
EV/Revenue 0.3400 SGD 0.4500 SGD 0.5600 SGD 43
Asset-Based
NCAV (Graham) 0.1200 SGD 0.1700 SGD 0.2500 SGD 50
Growth DCF
Growth DCF 0.5600 SGD 0.6600 SGD 0.8200 SGD 80
Rev-Margin DCF 0.4300 SGD 0.5400 SGD 0.6900 SGD 74
Economic Profit
Residual Income 0.2700 SGD 0.3500 SGD 1.01 SGD 76
ROIC Compounder 0.2700 SGD 0.3000 SGD 0.3200 SGD 72
Growth Earnings
Growth-Adj P/E 0.4700 SGD 0.6800 SGD 0.8800 SGD 68

Widest divergence: Growth Earnings (0.6800 SGD) versus Asset-Based (0.1700 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 82.2M SGD
Revenue growth (YoY) +23.0%
Net margin 21.2%
Return on equity 22.9%
Free cash flow 20.8M SGD FY2026
P/E ratio 5.0
More key figures
Operating margin 9.4%
EPS (TTM) 0.0200 SGD
Dividend yield 9.2%
EPS growth (YoY) +494%
Net debt 6.2M SGD FY2025

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

Quality Score breakdown

Overall quality 72/100

Of which business quality 71 · Market factors (momentum, volatility) 32

Profitability 65
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 85
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 76
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 18
Distance to the 52-week high (market factor)
Net Issuance 82
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

Samurai 2K Aerosol Limited, an investment holding company manufactures and sells aerosol spray paints. The company operates through three segments: Paint " Standard; Paint " Premium; and Maintenance and Others.

Full company description

Samurai 2K Aerosol Limited, an investment holding company manufactures and sells aerosol spray paints. The company operates through three segments: Paint " Standard; Paint " Premium; and Maintenance and Others. It offers standard color aerosol spray paint products; fluorescent, candy, and metallic color aerosol spray paint; high temperature aerosol spray paint; and primer, epoxy, and 2K products, as well as multi-color one aerosol spray paint products; and cosmetic products, such as metal and paint polish; and maintenance products, including engine degreasers, chain oils, and carburetor and gasket cleaners. The company is also involved in the import and wholesale of aerosol paint products, as well as trades in aerosol spray paints and related materials, as well as e-commerce business for all type of goods. It operates in Malaysia, Indonesia, Thailand, the Philippines, Vietnam, Cambodia, Singapore, the United Kingdom, India, and the United States. The company was founded in 1997 and is headquartered in Johor Bahru, Malaysia.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

SAMURAI 2K AEROSOL LTD reported revenue of 82.2M SGD in FY2026 versus 113M SGD in FY2022, a compound −7.7%/yr. Reported net income was 17.4M SGD in FY2026, compounding +7.3%/yr from FY2022.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
82.2M SGD
Latest YoY
+1.2%
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.
+5.4%
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.
−5.8%
Avg. growth/yr (8Y) 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.
−1.1%
Revenue −7.7%/yr
FY22 113M SGD
FY23 70.3M SGD
FY24 75.6M SGD
FY25 81.2M SGD
FY26 82.2M SGD
Net income +7.3%/yr
FY22 13.1M SGD
FY23 −11.4M SGD
FY24 1.5M SGD
FY25 −7.8M SGD
FY26 17.4M SGD

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Cite: Fair Value Calculator (2026). "SAMURAI 2K AEROSOL LTD Fair Value". https://www.fairvalue-calculator.com/stock/Y8E

Peer Group

Specialty Chemicals · 670 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 72 · Top 25%
Fair Value upside +10% · Above median
Return on equity (TTM) 23% · Top 25%
Return on assets 4% · Above median
Net margin (TTM) 21% · Top 25%
Operating margin (TTM) 9% · Above median
Revenue growth 23% · Top 25%
Dividend yield (TTM) 9.2% · Top 25%
Debt / equity 0.26× · Higher than median

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 5.0× · Cheaper than 75% of peers
P/B 0.41× · Cheaper than 75% of peers
P/S (TTM) 0.41× · Cheaper than 75% of peers
P/FCF 1.6× · Pricier than median

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 47 · sector 0
FUTURE 100 · sector 18
PAST 92 · sector 23
HEALTH 87 · sector 95
DIVIDEND 100 · sector 32

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 Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Linde plc LIN $479.43 $222.03 -54%
Wanhua Chemical Group 600309 ¥75.06 ¥68.03 -9%
Novozymes A/S NSISB kr 416.10 kr 170.02 -59%
Asian Paints Limited ASIANPAINT ₹2,630 ₹696.23 -74%
Solar Industries India Limited SOLARINDS ₹18,730 ₹2,793 -85%
Pidilite Industries Limited PIDILITIND ₹1,702 ₹351.84 -79%
PT Chandra Asri Pacific Tbk TPIA 2,160 IDR 2,322 IDR +8%
Berger Paints India Limited BERGEPAINT ₹541.00 ₹156.35 -71%
Gujarat Fluorochemicals Limited FLUOROCHEM ₹4,566 ₹836.47 -82%
Himadri Speciality Chemical Limited HSCL ₹778.15 ₹248.63 -68%

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Frequently asked questions

Is SAMURAI 2K AEROSOL LTD (Y8E) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.1103 SGD versus a price of 0.1000 SGD, about +10% (undervalued).
What is the fair value of Y8E?
Our model-based fair value for SAMURAI 2K AEROSOL LTD is 0.1103 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.1000 SGD.
What is the quality score of Y8E?
SAMURAI 2K AEROSOL LTD has a Quality Score of 72/100. 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 SAMURAI 2K AEROSOL LTD (Y8E)?
SAMURAI 2K AEROSOL LTD reported trailing-twelve-month revenue of about 82.2M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of Y8E?
The net profit margin of SAMURAI 2K AEROSOL LTD is about 21.2%, meaning it keeps roughly 21.2% of revenue as net income. Based on the latest reported figures.
Does SAMURAI 2K AEROSOL LTD pay a dividend?
SAMURAI 2K AEROSOL LTD currently shows a dividend yield of about 9.23% 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.

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