As of 2025-05-18, the Intrinsic Value of Boustead Singapore Ltd (F9D.SI) is 2.17 SGD. This F9D.SI valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 1.05 SGD, the upside of Boustead Singapore Ltd is 106.3%.

The range of the Intrinsic Value is 1.84 - 2.77 SGD.

Is F9D.SI undervalued or overvalued?

Based on its market price of 1.05 SGD and our intrinsic valuation, Boustead Singapore Ltd (F9D.SI) is undervalued by 106.3%.

1.05 SGD

Stock Price

2.17 SGD

Intrinsic Value

Intrinsic Value Details

F9D.SI Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	1.84 - 2.77	2.17	106.3%
DCF (Growth Exit 10Y)	2 - 3.02	2.36	125.0%
DCF (EBITDA Exit 5Y)	1.67 - 2.04	1.85	76.0%
DCF (EBITDA Exit 10Y)	1.87 - 2.35	2.09	98.6%
Peter Lynch Fair Value	3.56 - 3.56	3.56	239.45%
P/E Multiples	0.75 - 1.18	0.98	-6.2%
EV/EBITDA Multiples	1.42 - 2.32	1.78	69.9%
Earnings Power Value	1.75 - 2.33	2.04	94.7%
Dividend Discount Model - Stable	1.11 - 2.66	1.88	79.4%
Dividend Discount Model - Multi Stages	1.05 - 2	1.38	31.3%

F9D.SI Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
CTI Engineering Co Ltd	3,148.67 - 4,593.62	3,704.20	52.8%
Oriental Consultants Holdings Co Ltd	1,985.75 - 7,800.25	3,576.84	-28.7%
UEM Edgenta Bhd	1.06 - 1.77	1.31	41.0%
Khoon Group Ltd	0.22 - 0.52	0.30	-33.4%
CSC Holdings Ltd	(0.00) - 0.02	0.01	-31.2%
Chuan Holdings Ltd	0.19 - 0.67	0.34	206.8%
Sanli Environmental Ltd	0.08 - 0.21	0.13	45.7%
Kwan Yong Holdings Ltd	0.82 - 0.82	0.82	291.5%
Sapphire Corporation Ltd	0.12 - 0.16	0.14	240.0%
CTR Holdings Ltd	0.17 - 0.24	0.19	193.8%

F9D.SI Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	540
Beta	0.44
Outstanding shares (mil)	514
Enterprise Value (mil)	207

Market risk premium	5.6%
Cost of Equity	7.4%
Cost of Debt	4.25%
WACC	7.1%