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First Resources LimitedSGX:EB5 Stock Report

Market Cap S$2.7b
Share Price
S$1.74
My Fair Value
S$1.98
12.3% undervalued intrinsic discount
1Y19.2%
7D-0.6%
Portfolio Value
View

First Resources Limited

SGX:EB5 Stock Report

Market Cap: S$2.7b

First Resources (EB5) Stock Overview

An investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, Malaysia, and internationally. More details

EB5 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance5/6
Financial Health3/6
Dividends4/6

EB5 Community Fair Values

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See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

First Resources Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for First Resources
Historical stock prices
Current Share PriceS$1.74
52 Week HighS$1.83
52 Week LowS$1.39
Beta0.15
1 Month Change3.57%
3 Month Change9.43%
1 Year Change19.18%
3 Year Change20.83%
5 Year Change41.46%
Change since IPO42.62%

Recent News & Updates

Recent updates

Earnings Working Against First Resources Limited's (SGX:EB5) Share Price

Jun 26
Earnings Working Against First Resources Limited's (SGX:EB5) Share Price

Increases to CEO Compensation Might Be Put On Hold For Now at First Resources Limited (SGX:EB5)

Apr 21
Increases to CEO Compensation Might Be Put On Hold For Now at First Resources Limited (SGX:EB5)

First Resources' (SGX:EB5) Dividend Will Be Increased To $0.063

Apr 04
First Resources' (SGX:EB5) Dividend Will Be Increased To $0.063

Lacklustre Performance Is Driving First Resources Limited's (SGX:EB5) Low P/E

Mar 27
Lacklustre Performance Is Driving First Resources Limited's (SGX:EB5) Low P/E

Results: First Resources Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 02
Results: First Resources Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Calculating The Intrinsic Value Of First Resources Limited (SGX:EB5)

Mar 01
Calculating The Intrinsic Value Of First Resources Limited (SGX:EB5)

These 4 Measures Indicate That First Resources (SGX:EB5) Is Using Debt Reasonably Well

Nov 19
These 4 Measures Indicate That First Resources (SGX:EB5) Is Using Debt Reasonably Well

First Resources (SGX:EB5) Is Experiencing Growth In Returns On Capital

Oct 25
First Resources (SGX:EB5) Is Experiencing Growth In Returns On Capital

There's Reason For Concern Over First Resources Limited's (SGX:EB5) Price

Aug 12
There's Reason For Concern Over First Resources Limited's (SGX:EB5) Price

First Resources' (SGX:EB5) Returns Have Hit A Wall

Jun 11
First Resources' (SGX:EB5) Returns Have Hit A Wall

First Resources (SGX:EB5) Has Announced A Dividend Of $0.037

Apr 25
First Resources (SGX:EB5) Has Announced A Dividend Of $0.037

First Resources (SGX:EB5) Will Pay A Dividend Of $0.037

Mar 04
First Resources (SGX:EB5) Will Pay A Dividend Of $0.037

Are Investors Undervaluing First Resources Limited (SGX:EB5) By 23%?

Jan 12
Are Investors Undervaluing First Resources Limited (SGX:EB5) By 23%?

Here's Why First Resources (SGX:EB5) Can Manage Its Debt Responsibly

Nov 22
Here's Why First Resources (SGX:EB5) Can Manage Its Debt Responsibly

Investors Shouldn't Overlook First Resources' (SGX:EB5) Impressive Returns On Capital

Oct 02
Investors Shouldn't Overlook First Resources' (SGX:EB5) Impressive Returns On Capital

First Resources' (SGX:EB5) Dividend Will Be $0.025

Aug 28
First Resources' (SGX:EB5) Dividend Will Be $0.025

First Resources (SGX:EB5) Is Due To Pay A Dividend Of $0.025

Aug 14
First Resources (SGX:EB5) Is Due To Pay A Dividend Of $0.025

Here's Why We Think First Resources (SGX:EB5) Is Well Worth Watching

Jul 06
Here's Why We Think First Resources (SGX:EB5) Is Well Worth Watching

An Intrinsic Calculation For First Resources Limited (SGX:EB5) Suggests It's 50% Undervalued

May 23
An Intrinsic Calculation For First Resources Limited (SGX:EB5) Suggests It's 50% Undervalued

First Resources (SGX:EB5) Knows How To Allocate Capital Effectively

May 08
First Resources (SGX:EB5) Knows How To Allocate Capital Effectively

First Resources (SGX:EB5) Could Easily Take On More Debt

Apr 20
First Resources (SGX:EB5) Could Easily Take On More Debt

First Resources (SGX:EB5) Is Increasing Its Dividend To $0.12

Apr 04
First Resources (SGX:EB5) Is Increasing Its Dividend To $0.12

First Resources' (SGX:EB5) Upcoming Dividend Will Be Larger Than Last Year's

Mar 03
First Resources' (SGX:EB5) Upcoming Dividend Will Be Larger Than Last Year's

Here's What To Make Of First Resources' (SGX:EB5) Decelerating Rates Of Return

Dec 19
Here's What To Make Of First Resources' (SGX:EB5) Decelerating Rates Of Return

We Ran A Stock Scan For Earnings Growth And First Resources (SGX:EB5) Passed With Ease

Dec 01
We Ran A Stock Scan For Earnings Growth And First Resources (SGX:EB5) Passed With Ease

Here's Why First Resources (SGX:EB5) Can Manage Its Debt Responsibly

Sep 26
Here's Why First Resources (SGX:EB5) Can Manage Its Debt Responsibly

First Resources (SGX:EB5) Hasn't Managed To Accelerate Its Returns

Sep 04
First Resources (SGX:EB5) Hasn't Managed To Accelerate Its Returns

First Resources (SGX:EB5) Is Paying Out A Larger Dividend Than Last Year

Aug 16
First Resources (SGX:EB5) Is Paying Out A Larger Dividend Than Last Year

Here's Why We Think First Resources (SGX:EB5) Is Well Worth Watching

Jul 28
Here's Why We Think First Resources (SGX:EB5) Is Well Worth Watching

First Resources (SGX:EB5) Seems To Use Debt Rather Sparingly

Jun 23
First Resources (SGX:EB5) Seems To Use Debt Rather Sparingly

At S$2.02, Is It Time To Put First Resources Limited (SGX:EB5) On Your Watch List?

Jun 08
At S$2.02, Is It Time To Put First Resources Limited (SGX:EB5) On Your Watch List?

First Resources (SGX:EB5) Hasn't Managed To Accelerate Its Returns

May 21
First Resources (SGX:EB5) Hasn't Managed To Accelerate Its Returns

First Resources' (SGX:EB5) Dividend Will Be Increased To S$0.051

Apr 11
First Resources' (SGX:EB5) Dividend Will Be Increased To S$0.051

First Resources' (SGX:EB5) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 28
First Resources' (SGX:EB5) Shareholders Will Receive A Bigger Dividend Than Last Year

I Ran A Stock Scan For Earnings Growth And First Resources (SGX:EB5) Passed With Ease

Mar 21
I Ran A Stock Scan For Earnings Growth And First Resources (SGX:EB5) Passed With Ease

First Resources' (SGX:EB5) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 01
First Resources' (SGX:EB5) Shareholders Will Receive A Bigger Dividend Than Last Year

Shareholder Returns

EB5SG FoodSG Market
7D-0.6%1.3%0.8%
1Y19.2%0.6%20.6%

Return vs Industry: EB5 exceeded the SG Food industry which returned 0.6% over the past year.

Return vs Market: EB5 underperformed the SG Market which returned 20.6% over the past year.

Price Volatility

Is EB5's price volatile compared to industry and market?
EB5 volatility
EB5 Average Weekly Movement3.7%
Food Industry Average Movement5.1%
Market Average Movement5.5%
10% most volatile stocks in SG Market17.3%
10% least volatile stocks in SG Market2.4%

Stable Share Price: EB5 has not had significant price volatility in the past 3 months compared to the SG market.

Volatility Over Time: EB5's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992n/aCiliandra Fangionowww.first-resources.com

First Resources Limited, an investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, Malaysia, and internationally. The company operates in two segments, Plantations and Palm Oil Mills, and Refinery and Processing. It is involved in cultivation and maintenance of oil palm plantations, and operation of palm oil mills.

First Resources Limited Fundamentals Summary

How do First Resources's earnings and revenue compare to its market cap?
EB5 fundamental statistics
Market capS$2.68b
Earnings (TTM)S$377.70m
Revenue (TTM)S$1.63b
7.1x
P/E Ratio
1.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EB5 income statement (TTM)
RevenueUS$1.26b
Cost of RevenueUS$713.56m
Gross ProfitUS$541.86m
Other ExpensesUS$250.78m
EarningsUS$291.08m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Nov 14, 2025

Earnings per share (EPS)0.19
Gross Margin43.16%
Net Profit Margin23.19%
Debt/Equity Ratio58.2%

How did EB5 perform over the long term?

See historical performance and comparison

Dividends

6.2%
Current Dividend Yield
43%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/22 10:22
End of Day Share Price 2025/10/22 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

First Resources Limited is covered by 24 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nirgunan TiruchelvamAletheia Analyst Network Limited
Swati ChopraBofA Global Research
Lee Fang NgCGS International