Showing 61 items

PropNex Ltd
Overvalued
Real Estate

PropNex Ltd (OYY)

Updated: Sep 2026

PropNex provides real-estate brokerage, project marketing, training, and related consultancy services. It serves property buyers, sellers, developers, and agents in Singapore through the country’s largest agency salesforce and a strong consumer brand. Its growth strategy focuses on agent productivity, digital tools, project launches, and regional franchise expansion.


Current Price:
S$1.76
IV Range:

$0.66 - $1.23

Notes:

(ES)

Reclaims Global Limited
Fair Valued
Industrials

Reclaims Global Limited (NEX)

Aug 2026

Reclaims Global Limited provides construction-waste recycling, excavation, logistics, and equipment-leasing services in Singapore’s construction industry. It serves construction and infrastructure contractors through an integrated fleet and recycled-materials platform. Its growth strategy focuses on securing new projects, improving operational efficiency, and expanding sustainably.


Current Price:
S$0.20
IV Range:

$0.19 - $0.34

Singapore Shipping Corporation Ltd
Overvalued
Industrials

Singapore Shipping Corporation Ltd (S19)

Updated Jul 2026

Singapore Shipping Corporation provides ship owning, ship management, and logistics services. It serves automotive manufacturers and maritime customers through specialised vessels, long-term charters, and established operating expertise. Its growth strategy focuses on stable contracted earnings, fleet renewal, and selective vessel investments.


Current Price:
S$0.29
IV Range:

$0.23 - $0.25

Yangzijiang Shipbuilding (Holdings) Ltd
Overvalued
Industrials

Yangzijiang Shipbuilding (Holdings) Ltd (BS6)

Updated: Jun 2026

Yangzijiang Shipbuilding designs and constructs commercial vessels, including container ships, bulk carriers, and energy-related vessels. It serves global shipowners through large Chinese shipyards, competitive costs, and a substantial order book. Its growth strategy focuses on higher-value vessels, production efficiency, order-book execution, and cleaner-fuel ship designs.


Current Price:
S$5.07
IV Range:

$2.83 - $4.62

Notes:

(ES) YZJ shipbuilding closure - no impact on holding company

Global Testing Corporation Limited
Overvalued
Information Technology

Global Testing Corporation Limited (AYN)

Updated May 2026

Global Testing Corporation provides semiconductor testing services for logic and mixed-signal integrated circuits. It serves chip designers and manufacturers, particularly in Taiwan and Asia, through specialised test platforms and engineering expertise. Its growth strategy focuses on higher-value testing, customer diversification, and equipment utilisation.


Current Price:
S$1.13
IV Range:

$0.69 - $0.96

Notes:

(ES)

BRC Asia Limited
Fair Valued
Industrials

BRC Asia Limited (BEC)

Updated Apr 2026

BRC Asia supplies reinforcing steel and provides prefabrication and related solutions for construction projects. It serves contractors and developers in Singapore through scale, automated processing, and an extensive project-delivery network. Its growth strategy focuses on infrastructure demand, productivity, order-book execution, and disciplined regional opportunities.


Current Price:
S$4.14
IV Range:

$2.55 - $4.61

Azeus Systems Holdings Ltd
Overvalued
Information Technology

Azeus Systems Holdings Ltd (BBW)

Mar 2026

Azeus Systems Holdings develops information-technology software and services, including corporate-governance platforms, meeting solutions, and custom systems. It serves governments and enterprises internationally, supported by proprietary products such as Convene and extensive project-delivery experience. Its growth strategy focuses on expanding recurring software revenue, international adoption, and artificial-intelligence capabilities.


Current Price:
S$9.95
IV Range:

$5.41 - $9.77

Multi-Chem Ltd
Undervalued
Information Technology

Multi-Chem Ltd (AWZ)

Updated: Feb 2026

Multi-Chem distributes information-technology security products and provides related cybersecurity services. It serves enterprises and resellers across Asia through its M-Tech distribution network and partnerships with major security vendors. Its growth strategy focuses on cloud security, recurring services, regional expansion, and a broader vendor portfolio.


Current Price:
S$2.29
IV Range:

$2.38 - $4.43

Notes:

(ES)

Tianjin Pharmcetl Da Ren Tang Grp Cp Ltd
Overvalued
Health Care

Tianjin Pharmcetl Da Ren Tang Grp Cp Ltd (T14)

Updated: Jan 2026

Tianjin Pharmaceutical Da Ren Tang manufactures and sells traditional Chinese medicines and other pharmaceutical products. It serves hospitals, pharmacies, distributors, and consumers in China and overseas through established heritage brands and a broad product portfolio. Its growth strategy focuses on flagship medicines, channel expansion, product innovation, and modernised manufacturing.


Current Price:
S$2.52
IV Range:

$0.86 - $1.03

Notes:

(ES)

HC Surgical Specialists Ltd
Fair Valued
Health Care

HC Surgical Specialists Ltd (1B1)

Updated: Dec 2025

HC Surgical Specialists operates medical clinics focused on endoscopy, colorectal, and general surgical services. It serves patients in Singapore through a network of specialist centres and experienced physicians. Its growth strategy focuses on clinic productivity, specialist recruitment, service expansion, and sustained patient referrals.


Current Price:
S$0.37
IV Range:

$0.35 - $0.4

Hor Kew Corporation Limited
Undervalued
Industrials

Hor Kew Corporation Limited (BBP)

Nov 2025

Hor Kew Corporation is an integrated construction and prefabrication group providing building, civil-engineering, property-development, and precast-concrete services. It serves public- and private-sector customers in Singapore through established project capabilities and in-house prefabrication expertise. Its strategic focus is disciplined project execution, productivity improvement, and selective development opportunities.


Current Price:
S$1.24
IV Range:

$1.57 - $2.84

Notes:

(ES)

OKP Holdings Limited
Fair Valued
Industrials

OKP Holdings Limited (5CF)

Oct 2025

OKP Holdings provides civil-engineering and construction services for roads, drainage systems, airports, and other infrastructure. It primarily serves Singapore government agencies and major contractors, supported by longstanding public-sector project experience. Its growth strategy focuses on replenishing its order book, executing projects safely, and diversifying into complementary construction and property activities.


Current Price:
S$0.68
IV Range:

$0.53 - $0.77

Bumitama Agri Ltd
Overvalued
Consumer Staples

Bumitama Agri Ltd (P8Z)

Updated Sep 2025

Bumitama Agri produces crude palm oil and palm-kernel products from plantations and mills in Indonesia. It serves global edible-oil and consumer-goods supply chains through a large, relatively young plantation base and integrated operations. Its growth strategy focuses on higher yields, mill efficiency, replanting, and certified sustainable production.


Current Price:
S$1.94
IV Range:

$0.75 - $0.99

Choo Chiang Holdings Ltd
Overvalued
Consumer Discretionary

Choo Chiang Holdings Ltd (42E)

Updated Aug 2025

Choo Chiang Holdings distributes electrical products and accessories and operates retail outlets for contractors and consumers. It primarily serves Singapore’s construction, renovation, and maintenance markets through a broad product range and established distribution network. Its growth strategy focuses on outlet productivity, product expansion, digital sales, and adjacent property opportunities.


Current Price:
S$0.44
IV Range:

$0.29 - $0.34

Notes:

(ES)

SUTL Enterprise Limited
Fair Valued
Consumer Discretionary

SUTL Enterprise Limited (BHU)

Updated Dec 2025

SUTL Enterprise develops and operates integrated marinas and provides marina-management and lifestyle services. It serves yacht owners, waterfront developers, and hospitality partners through its ONE°15 Marina brand and operating expertise. Its growth strategy focuses on expanding its marina network, membership revenue, and recurring management income.


Current Price:
S$0.89
IV Range:

$0.67 - $1

Notes:

(ES)

Ever Glory United Holdings Limited
Overvalued
Industrials

Ever Glory United Holdings Limited (ZKX)

Jul 2025

Ever Glory United Holdings provides mechanical and electrical engineering services for buildings and infrastructure projects. It serves main contractors, property developers, and public-sector customers in Singapore with integrated air-conditioning, electrical, plumbing, and fire-protection capabilities. Its growth strategy focuses on enlarging its project pipeline, improving execution, and pursuing sustainable expansion.


Current Price:
S$0.78
IV Range:

$0.19 - $0.35

XMH Holdings Ltd
Fair Valued
Industrials

XMH Holdings Ltd (BQF)

Updated Apr 2026

XMH Holdings supplies marine and industrial engines, power-generation systems, and related after-sales services. It serves shipyards, vessel owners, data centres, and industrial customers across Southeast Asia through established distribution rights and engineering support. Its growth strategy focuses on data-centre power solutions, regional expansion, and recurring maintenance revenue.


Current Price:
S$0.52
IV Range:

$0.46 - $0.83

Notes:

(ES)

Delfi Limited
Overvalued
Consumer Staples

Delfi Limited (P34)

May 2025

Delfi manufactures and markets chocolate confectionery and consumer food products, led by brands such as SilverQueen and Delfi. It primarily serves mass-market consumers in Indonesia and other Southeast Asian markets through extensive retail distribution and strong local brands. Its growth strategy focuses on product innovation, premiumisation, wider distribution, and manufacturing efficiency.


Current Price:
S$0.70
IV Range:

$0.41 - $0.44

Notes:

(ES)

The Hour Glass Limited
Fair Valued
Consumer Discretionary

The Hour Glass Limited (AGS)

Apr 2025

The Hour Glass retails luxury watches and operates brand boutiques for leading Swiss watchmakers. It serves affluent collectors across Asia-Pacific through curated inventories, specialist knowledge, and longstanding brand relationships. Its growth strategy focuses on deepening customer engagement, expanding selected boutiques, and strengthening its regional luxury-watch platform.


Current Price:
S$2.83
IV Range:

$1.93 - $2.86

Notes:

(ES)

PTT Exploration and Production Public Company Ltd
Fair Valued
Energy

PTT Exploration and Production Public Company Ltd (TPED)

Updated Jul 2026

PTT Exploration and Production explores for, develops, and produces crude oil and natural gas. It supplies energy markets across Thailand, Southeast Asia, the Middle East, and other regions through a diversified portfolio of upstream assets. Its strategic focus is increasing production, developing gas resources, improving efficiency, and investing selectively in lower-carbon businesses.


Current Price:
S$5.53
IV Range:

$3.51 - $6.33

Notes:

(ES)

Credit Bureau Asia Limited
Overvalued
Finance

Credit Bureau Asia Limited (TCU)

Feb 2025

Credit Bureau Asia provides credit-information, risk-management, and business-information services. It serves financial institutions, companies, and consumers in Singapore and regional markets through extensive proprietary databases and established industry relationships. Its growth strategy focuses on digital products, analytical services, regional expansion, and broader data coverage.


Current Price:
S$1.05
IV Range:

$0.3 - $0.37

Notes:

(ES)

Grand Banks Yachts Limited
Fair Valued
Consumer Discretionary

Grand Banks Yachts Limited (G50)

Updated Apr 2026

Grand Banks Yachts designs and manufactures premium motor yachts under the Grand Banks, Palm Beach, and Eastbay brands. It serves affluent boating customers globally through differentiated craftsmanship, performance, and direct customer relationships. Its growth strategy focuses on production capacity, new models, order-book execution, and international sales.


Current Price:
S$0.73
IV Range:

$0.72 - $1.31

Notes:

(ES)

DBS Group Holdings Ltd
Overvalued
Finance

DBS Group Holdings Ltd (D05)

Dec 2024

DBS Group provides consumer banking, wealth management, institutional banking, treasury, and digital-payment services. It serves individuals and businesses across Asia with leading franchises in Singapore and growing regional operations. Its growth strategy focuses on wealth management, transaction banking, digital capabilities, and deeper customer relationships across Asia.


Current Price:
S$78.56
IV Range:

$25.65 - $33.41

Cortina Holdings Limited
Fair Valued
Consumer Discretionary

Cortina Holdings Limited (C41)

Updated Dec 2025

Cortina Holdings retails luxury watches and operates mono-brand boutiques for international watchmakers. It serves affluent customers across Asia-Pacific through premium locations, specialist service, and longstanding brand partnerships. Its growth strategy focuses on regional boutique expansion, stronger brand collaborations, and high-quality customer experiences.


Current Price:
S$3.96
IV Range:

$2.85 - $5.15

Notes:

(ES)