Tiong Seng Holdings Valuation

Is BFI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BFI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate BFI's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BFI's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BFI?

Key metric: As BFI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BFI. This is calculated by dividing BFI's market cap by their current earnings.
What is BFI's PE Ratio?
PE Ratio	4.5x
Earnings	S$8.34m
Market Cap	S$37.49m

BFI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.1x
Enterprise Value/EBITDA	17.6x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does BFI's PE Ratio compare to its peers?

The above table shows the PE ratio for BFI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	30.6x
BFT Lincotrade & Associates Holdings	15.1x	n/a	S$34.1m
TWL Memiontec Holdings	11x	n/a	S$36.3m
PA3 TA	3.1x	n/a	S$37.8m
ZXY Alpina Holdings	93.3x	n/a	S$36.9m
BFI Tiong Seng Holdings	4.5x	n/a	S$37.5m

Price-To-Earnings vs Peers: BFI is good value based on its Price-To-Earnings Ratio (4.5x) compared to the peer average (39.8x).

Price to Earnings Ratio vs Industry

How does BFI's PE Ratio compare vs other companies in the SG Construction Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
41B Huationg Global	1.4x	n/a	US$20.05m
1L2 Hiap Seng Industries	0.6x	n/a	US$10.04m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BFI is good value based on its Price-To-Earnings Ratio (4.5x) compared to the SG Construction industry average (6.5x).

Price to Earnings Ratio vs Fair Ratio

What is BFI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BFI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	4.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BFI's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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