SGX:DM0Packaging
PSC (SGX:DM0) Stock Looks Cheap But Margins Keep Tightening
PSC went into this earnings print carrying a value story. The stock closed at SGD0.435 on 7 August, with the shares trading well below a discounted cash flow estimate and a P/E of 11.9x that sits between peers and the broader Asian packaging sector. The fresh H1 2026 numbers keep that tension alive. Revenue for the trailing twelve months sits at about SGD490.6m while net income from ongoing operations is SGD26.9m and the trailing net margin is 4%. The core question now is how long investors...