SGX:S44Basic Materials
EnGro (SGX:S44) Stock Looks Cheap But Earnings Quality Clouds The Case
EnGro stock has been grinding higher in recent months, yet at about SGD1.47 the market is still pricing it on a P/E of roughly 3.9x that looks more like a value trap rather than a growth story. The H1 2026 earnings print challenges that view. Revenue reached SGD182.1m and basic earnings per share came in at SGD0.2972, supported by a very large one off gain that flatters the headline profit. The key question for investors is whether that combination of low valuation and boosted earnings...