Hai Leck Holdings Limited

SGX:BLH Stock Report

Market Cap: S$123.3m

Hai Leck Holdings Valuation

Is BLH 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
S$2.33
Fair Value
76.6% undervalued intrinsic discount
0
Number of Analysts

Below Fair Value: BLH (SGD0.55) is trading below our estimate of fair value (SGD2.33)

Significantly Below Fair Value: BLH is trading below fair value by more than 20%.


Key Valuation Metric

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

Key metric: As BLH is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for BLH. This is calculated by dividing BLH's market cap by their current revenue.
What is BLH's PS Ratio?
PS Ratio2.4x
SalesS$50.45m
Market CapS$123.30m

Price to Sales Ratio vs Peers

How does BLH's PS Ratio compare to its peers?

The above table shows the PS ratio for BLH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.8x
BTP Baker Technology
1.2xn/aS$126.8m
5WH Rex International Holding
0.5x-26.4%S$183.6m
M05 MTQ
0.8xn/aS$56.2m
5G2 Kim Heng
0.5xn/aS$59.9m
BLH Hai Leck Holdings
2.4xn/aS$123.3m

Price-To-Sales vs Peers: BLH is expensive based on its Price-To-Sales Ratio (2.4x) compared to the peer average (0.8x).


Price to Sales Ratio vs Industry

How does BLH's PS Ratio compare vs other companies in the Asian Energy Services Industry?

25 CompaniesPrice / SalesEstimated GrowthMarket Cap
BLH 2.4xIndustry Avg. 1.1xNo. of Companies25PS01.22.43.64.86+
25 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: BLH is expensive based on its Price-To-Sales Ratio (2.4x) compared to the Asian Energy Services industry average (1.1x).


Price to Sales Ratio vs Fair Ratio

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

BLH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate BLH's Price-To-Sales 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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/14 00:46
End of Day Share Price 2025/01/14 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hai Leck Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution