Ban Leong Technologies Limited

SGX:B26 Stock Report

Market Cap: S$35.6m

Ban Leong Technologies Valuation

Is B26 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 B26 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: B26 (SGD0.33) is trading below our estimate of fair value (SGD0.41)

Significantly Below Fair Value: B26 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for B26?

Key metric: As B26 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for B26. This is calculated by dividing B26's market cap by their current earnings.
What is B26's PE Ratio?
PE Ratio5.5x
EarningsS$6.52m
Market CapS$35.57m

Price to Earnings Ratio vs Peers

How does B26's PE Ratio compare to its peers?

The above table shows the PE ratio for B26 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.1x
K29 Karin Technology Holdings
20.8xn/aS$68.1m
BLU GRP
24.2xn/aS$8.6m
42N IPS Securex Holdings
74.8xn/aS$7.8m
AWZ Multi-Chem
8.3xn/aS$250.5m
B26 Ban Leong Technologies
5.5xn/aS$35.6m

Price-To-Earnings vs Peers: B26 is good value based on its Price-To-Earnings Ratio (5.5x) compared to the peer average (32.1x).

Price to Earnings Ratio vs Industry

How does B26's PE Ratio compare vs other companies in the Asian Electronic Industry?

37 CompaniesPrice / EarningsEstimated GrowthMarket Cap
B26 5.5xIndustry Avg. 23.9xNo. of Companies142PE020406080100+
37 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: B26 is good value based on its Price-To-Earnings Ratio (5.5x) compared to the Asian Electronic industry average (23.9x).

Price to Earnings Ratio vs Fair Ratio

What is B26'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.

B26 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate B26'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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