As of 2025-07-06, the Intrinsic Value of Golden Agri-Resources Ltd (E5H.SI) is 0.40 SGD. This E5H.SI valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 0.25 SGD, the upside of Golden Agri-Resources Ltd is 61.1%.

The range of the Intrinsic Value is 0.27 - 0.62 SGD.

Is E5H.SI undervalued or overvalued?

Based on its market price of 0.25 SGD and our intrinsic valuation, Golden Agri-Resources Ltd (E5H.SI) is undervalued by 61.1%.

0.25 SGD

Stock Price

0.40 SGD

Intrinsic Value

Intrinsic Value Details

E5H.SI Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	0.27 - 0.62	0.40	61.1%
DCF (Growth Exit 10Y)	0.33 - 0.68	0.46	84.5%
DCF (EBITDA Exit 5Y)	0.28 - 0.67	0.47	86.2%
DCF (EBITDA Exit 10Y)	0.33 - 0.72	0.51	104.7%
Peter Lynch Fair Value	0.9 - 0.9	0.9	261.92%
P/E Multiples	0.31 - 0.57	0.46	85.4%
EV/EBITDA Multiples	0.21 - 0.77	0.39	55.3%
Earnings Power Value	0.65 - 1	0.82	230.0%
Dividend Discount Model - Stable	0.2 - 0.53	0.36	45.2%
Dividend Discount Model - Multi Stages	0.22 - 0.48	0.30	21.2%

E5H.SI Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
Wilmar International Ltd	8.81 - 16.25	10.57	259.4%
Sime Darby Plantation Bhd	2.94 - 7.7	4.32	-11.2%
New Hope Liuhe Co Ltd	5.71 - 19.35	10.66	12.4%
Charoen Pokphand Indonesia Tbk PT	4,838.85 - 9,467.4	6,389.62	39.5%
Jiangxi Zhengbang Technology Co Ltd	5.89 - 19.06	8.98	220.7%
Beijing Dabeinong Technology Group Co Ltd	7.21 - 15.44	9.99	144.8%
First Resources Ltd	2.9 - 4.98	3.66	144.0%
Liaoning Wellhope Agri-Tech Joint Stock Co Ltd	15.42 - 15.42	15.42	80.4%
Japfa Ltd	1.55 - 3.98	2.31	274.8%
Astra Agro Lestari Tbk PT	7,012.67 - 11,423.79	8,524.28	47.6%

E5H.SI Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	3,209
Beta	0.35
Outstanding shares (mil)	12,838
Enterprise Value (mil)	7,416

Market risk premium	5.6%
Cost of Equity	9.95%
Cost of Debt	5.9%
WACC	6.3%