How does 1F3's PS Ratio compare to its peers?

1F3 is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (2.3x).

How does 1F3's PS Ratio compare vs other companies in the SG Real Estate Industry?

1F3 is good value based on its Price-To-Sales Ratio (0.7x) compared to the SG Real Estate industry average (2.5x).

What is 1F3'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.

Insufficient data to calculate 1F3's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of 1F3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

1F3 (SGD0.05) is trading above our estimate of [[fair value]] (SGD0.03)

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

Insufficient data to show price forecast.

Aspen (Group) Holdings (SGX:1F3) - Stock Price, News & Analysis

1F3 Stock Overview

An investment holding company, engages in property development activities in Malaysia. More details

1F3 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Earnings have declined by 32% per year over past 5 years

Does not have a meaningful market cap (SGD50M)

Aspen (Group) Holdings Limited Competitors

Goodland Group

SGX:5PC

S$42.0m

Pan Hong Holdings Group

SGX:P36

S$49.2m

Amcorp Global

SGX:S9B

S$51.5m

Pollux Properties

Catalist:5AE

S$60.7m

Price History & Performance

Summary of all time highs, changes and price drops for Aspen (Group) Holdings
Historical stock prices
Current Share Price	S$0.046
52 Week High	S$0.062
52 Week Low	S$0.018
Beta	0.97
11 Month Change	0%
3 Month Change	17.95%
1 Year Change	109.09%
33 Year Change	-64.06%
5 Year Change	-58.56%
Change since IPO	-78.10%

Aspen (Group) Holdings' (SGX:1F3) Solid Earnings Have Been Accounted For Conservatively

Sep 05

Aspen (Group) Holdings Limited (SGX:1F3) Looks Inexpensive But Perhaps Not Attractive Enough

Aug 30

Recent updates

Aspen (Group) Holdings' (SGX:1F3) Solid Earnings Have Been Accounted For Conservatively

Sep 05

Aspen (Group) Holdings Limited (SGX:1F3) Looks Inexpensive But Perhaps Not Attractive Enough

Aug 30

Aspen (Group) Holdings (SGX:1F3) Seems To Use Debt Quite Sensibly

Jun 24

Aspen (Group) Holdings Limited's (SGX:1F3) Share Price Boosted 48% But Its Business Prospects Need A Lift Too

Apr 09

There's No Escaping Aspen (Group) Holdings Limited's (SGX:1F3) Muted Earnings Despite A 95% Share Price Rise

Feb 21

Is Aspen (Group) Holdings Limited's (SGX:1F3) Shareholder Ownership Skewed Towards Insiders?

Feb 16

Shareholder Returns

	1F3	SG Real Estate	SG Market
7D	-4.2%	0.3%	0.007%
1Y	109.1%	2.6%	14.5%

Return vs Industry: 1F3 exceeded the SG Real Estate industry which returned 2.6% over the past year.

Return vs Market: 1F3 exceeded the SG Market which returned 14.5% over the past year.

Price Volatility

Is 1F3's price volatile compared to industry and market?
1F3 volatility
1F3 Average Weekly Movement	6.4%
Real Estate Industry Average Movement	4.9%
Market Average Movement	4.4%
10% most volatile stocks in SG Market	14.8%
10% least volatile stocks in SG Market	2.2%

Stable Share Price: 1F3 has not had significant price volatility in the past 3 months compared to the SG market.

Volatility Over Time: 1F3's weekly volatility has decreased from 15% to 6% over the past year.

About the Company

Founded	Employees	CEO	Website
2013	135	Murly Manokharan	aspen.com.my

Aspen (Group) Holdings Limited, an investment holding company, engages in property development activities in Malaysia. It operates through Property Development and Others segment. The company develops residential and commercial properties; and sells food and beverages.

Aspen (Group) Holdings Limited Fundamentals Summary

How do Aspen (Group) Holdings's earnings and revenue compare to its market cap?
1F3 fundamental statistics
Market cap	S$49.83m
Earnings (TTM)	-S$16.44m
Revenue (TTM)	S$74.08m

0.7x

P/S Ratio

-3.0x

P/E Ratio

Is 1F3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1F3 income statement (TTM)
Revenue	RM 245.49m
Cost of Revenue	RM 207.28m
Gross Profit	RM 38.21m
Other Expenses	RM 92.68m
Earnings	-RM 54.47m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.05
Gross Margin	15.56%
Net Profit Margin	-22.19%
Debt/Equity Ratio	36.6%

How did 1F3 perform over the long term?

See historical performance and comparison

1F3 Stock Overview

Risk Analysis

Aspen (Group) Holdings Limited Competitors

SGX:5PC

S$42.0m

SGX:P36

S$49.2m

SGX:S9B

S$51.5m

Catalist:5AE

S$60.7m

Price History & Performance

Recent News & Updates

Aspen (Group) Holdings Limited Appoints Lim Kian Thong as Chairman of Audit Committee

Full year 2024 earnings released: RM0.05 loss per share (vs RM0.064 loss in FY 2023)

Aspen (Group) Holdings Limited Announces Retirement of Cheah Teik Seng as Chairman and Independent Non-Executive Director, Chairman of the Audit Committee and Remuneration Committee and Member of the Nominating Committee

Aspen (Group) Holdings' (SGX:1F3) Solid Earnings Have Been Accounted For Conservatively

Aspen (Group) Holdings Limited (SGX:1F3) Looks Inexpensive But Perhaps Not Attractive Enough

Aspen (Group) Holdings Limited to Report Fiscal Year 2023 Results on Aug 29, 2024

Recent updates

Aspen (Group) Holdings Limited Appoints Lim Kian Thong as Chairman of Audit Committee

Full year 2024 earnings released: RM0.05 loss per share (vs RM0.064 loss in FY 2023)

Aspen (Group) Holdings Limited Announces Retirement of Cheah Teik Seng as Chairman and Independent Non-Executive Director, Chairman of the Audit Committee and Remuneration Committee and Member of the Nominating Committee

Aspen (Group) Holdings' (SGX:1F3) Solid Earnings Have Been Accounted For Conservatively

Aspen (Group) Holdings Limited (SGX:1F3) Looks Inexpensive But Perhaps Not Attractive Enough

Aspen (Group) Holdings Limited to Report Fiscal Year 2023 Results on Aug 29, 2024

Full year 2024 earnings released: EPS: RM0.038 (vs RM0.064 loss in FY 2023)

Aspen (Group) Holdings (SGX:1F3) Seems To Use Debt Quite Sensibly

Aspen (Group) Holdings Limited's (SGX:1F3) Share Price Boosted 48% But Its Business Prospects Need A Lift Too

Aspen (Group) Holdings Limited Announces Changes in the Composition of the Board and Board Committees

Aspen (Group) Holdings Limited Appoints Lee Chee Seng as Independent Non-Executive Director

There's No Escaping Aspen (Group) Holdings Limited's (SGX:1F3) Muted Earnings Despite A 95% Share Price Rise

First half 2024 earnings released: EPS: RM0.094 (vs RM0.004 in 1H 2023)

Now 36% overvalued after recent price rise

Aspen (Group) Holdings Limited Provides Earning Guidance for Six Months Financial Period from 1 July 2023 to 31 December 2023

Now 26% undervalued after recent price drop

Calculating The Fair Value Of Aspen (Group) Holdings Limited (SGX:1F3)

Now 22% undervalued after recent price drop

Now 26% undervalued after recent price drop

Full year 2023 earnings released

New minor risk - Share price stability

Aspen (Group) Holdings Limited, Annual General Meeting, Oct 31, 2023

Is Aspen (Group) Holdings (SGX:1F3) Weighed On By Its Debt Load?

Now 21% undervalued after recent price drop

New minor risk - Financial data availability

Full year 2023 earnings released

Aspen (Group) Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 30 June 2023

Aspen (Group) Holdings Limited to Report Fiscal Year 2023 Results on Aug 29, 2023

New minor risk - Financial data availability

Is Aspen (Group) Holdings (SGX:1F3) Using Debt In A Risky Way?

Is Aspen (Group) Holdings (SGX:1F3) Using Too Much Debt?

Aspen (Group) Holdings Limited to Report First Half, 2023 Results on Feb 14, 2023

First half 2023 earnings released: EPS: RM0.004 (vs RM0.055 loss in 1H 2022)

Aspen (Group) Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended 31 December 2022

Insufficient new directors

Full year 2022 earnings released: RM0.11 loss per share (vs RM0.066 profit in FY 2021)

Aspen (Group) Holdings Limited, Annual General Meeting, Oct 31, 2022

Is Aspen (Group) Holdings (SGX:1F3) Using Debt Sensibly?

Full year 2022 earnings released: RM0.08 loss per share (vs RM0.066 profit in FY 2021)

Aspen (Group) Holdings Limited Provides Consolidated Earnings Guidance for the Eighteen Months Ended 30 June 2022

Aspen (Group) Holdings Limited Announces Cessation of Chong Meng Fong, Joanne as Divisional Director of Finance

Insufficient new directors

Insufficient new directors

Insufficient new directors

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Aspen (Group) Holdings Limited Provides Earnings Guidance for the Six Months Ended December 31, 2021

Does Aspen (Group) Holdings (SGX:1F3) Have A Healthy Balance Sheet?

Aspen (Group) Holdings (SGX:1F3) Has A Somewhat Strained Balance Sheet

Chief Operating Officer of Aspen Glove Sdn Bhd Soon Ng has left the company

There's No Escaping Aspen (Group) Holdings Limited's (SGX:1F3) Muted Earnings

Head of Legal & Corporate Affairs has left the company

Aspen (Group) Holdings (SGX:1F3) Use Of Debt Could Be Considered Risky

Full year 2020 earnings released: EPS RM0.073 (vs RM0.019 in FY 2019)

Aspen (Group) Holdings' (SGX:1F3) Profits Appear To Have Quality Issues

Aspen (Group) Holdings Limited to Report Fiscal Year 2020 Results on Mar 01, 2021

Full year 2020 earnings released

Aspen (Group) Holdings Limited Announces No Dividend for the Financial Year Ended 31 December 2020

Is Aspen (Group) Holdings Limited's (SGX:1F3) Shareholder Ownership Skewed Towards Insiders?

Aspen (Group) Holdings Limited has completed a Follow-on Equity Offering in the amount of SGD 23.8 million.

Aspen Glove Sdn. Bhd, Announces Appointment of Calvin Ng as Chief Operating Officer