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Infinity Development Holdings (ZBA) Fair Value & Analysis

Basic Materials · SG · Market cap 127M SGD

ID Infinity Development Holdings ZBA · SG
Price0.4100 SGD
Fair Value1.17 SGD
Upside+185.4%
Quality72/100
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Evidence: High Range 0.8200 SGD – 1.48 SGD

Fair value as of: Jul 4, 2026

From 24 valuation models · updated today

Share price +1.2% over the past month.

Price vs Fair Value (7 months)

0.4605 SGD 0.3591 SGD Fair Value 1.17 SGD Dec 2025 Jul 2026

7‑month range 0.3591 SGD – 0.4605 SGD · fair‑value band 0.8200 SGD – 1.48 SGD · the 0.4100 SGD price screens below the 1.17 SGD fair value. As of Jul 4, 2026.

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Analysis

Infinity Development Holdings (ZBA) currently trades at 0.4100 SGD, while our model-based Fair Value estimate is 1.17 SGD — implying the stock looks roughly 185.4% undervalued today. We read business quality 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, Infinity Development Holdings generated revenue of 827M SGD at a net margin of 13.8%. Revenue declined 1.9% year over year. It earns a return on equity of 17.6%. The stock trades on a trailing P/E of 6.8. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 827M SGD
Revenue growth (YoY) -1.9%
Net margin 13.8%
Return on equity 17.6%
Free cash flow 76.6M SGD FY2025
P/E ratio 6.8
More key figures
Operating margin 14.5%
EPS (TTM) 0.0600 SGD
EPS growth (YoY) -20.3%

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

Infinity Development Holdings Company Limited, an investment holding company, manufactures and sells adhesives, primers, hardeners, and other adhesive related products mainly used by footwear manufacturers. It also engages in provision of administrative support services, as well as acts as the distribution agent for chemical products. In addition, the company offers OEM service to chemical companies. It operates in the People's Republic of China, Vietnam, Indonesia, India, and Bangladesh. The company was formerly known as Infinity Chemical Holdings Company Limited and changed its name to Infinity Development Holdings Company Limited in February 2016. Infinity Development Holdings Company Limited was founded in 1987 and is headquartered in Macau. Infinity Development Holdings Company Limited operates as a subsidiary of All Reach Investments Limited.

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Infinity Development Holdings reported revenue of 835M SGD in FY2025 versus 862M SGD in FY2022, a compound −1.1%/yr. Reported net income was 122M SGD in FY2025, compounding +6.4%/yr from FY2022.

Revenue −1.1%/yr
FY22 862M SGD
FY23 672M SGD
FY24 736M SGD
FY25 835M SGD
Net income +6.4%/yr
FY22 101M SGD
FY23 67.1M SGD
FY24 100M SGD
FY25 122M SGD

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Frequently asked questions

Is Infinity Development Holdings (ZBA) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 1.17 SGD versus a price of 0.4100 SGD — about +185% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ZBA?
Our model-based fair value for Infinity Development Holdings is 1.17 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.4100 SGD.
What is the quality score of ZBA?
Infinity Development Holdings has a Quality Score of 72/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Infinity Development Holdings (ZBA)?
Infinity Development Holdings reported trailing-twelve-month revenue of about 827M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of ZBA?
The net profit margin of Infinity Development Holdings is about 13.8%, meaning it keeps roughly 13.8% of revenue as net income. Based on the latest reported figures.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.