First Resources Ltd
SGX:EB5

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First Resources Ltd
SGX:EB5
Watchlist
Price: 1.5 SGD Market Closed
Market Cap: 2.4B SGD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one EB5 stock under the Base Case scenario is 1.5 SGD. Compared to the current market price of 1.5 SGD, First Resources Ltd is Fairly Valued.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

EB5 Relative Value
Base Case
1.5 SGD
Fairly Valued
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.7
P/S
P/S
Price to Sales
1.7
vs History
53
vs Industry
25
Median 3Y
1.6
Median 5Y
1.8
Industry
0.9
Forward
1.6
More Details
7.2
P/E
P/E
Price to Earnings
7.2
vs History
65
vs Industry
56
Median 3Y
6.8
Median 5Y
10.9
Industry
15.8
Forward
7.5
More Details
5.7
P/OCF
P/OCF
Price to OCF
5.7
vs History
61
vs Industry
47
Median 3Y
5.4
Median 5Y
6.5
Industry
9.5
More Details
20.3
P/FCFE
P/FCFE
Price to FCFE
20.3
vs History
31
vs Industry
24
Median 3Y
11.9
Median 5Y
15.6
Industry
17.2
More Details
1.3
P/B
P/B
Price to Book Value
1.3
vs History
63
vs Industry
44
Median 3Y
1.3
Median 5Y
1.3
Industry
1.4
More Details
1.8
EV/S
EV/S
Enterprise Value to Sales
1.8
vs History
50
vs Industry
25
Median 3Y
1.6
Median 5Y
1.8
Industry
1.1
Forward
1.7
More Details
4.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
4.1
vs History
65
vs Industry
44
Median 3Y
3.9
Median 5Y
5.2
Industry
4.6
More Details
4.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
4.6
vs History
65
vs Industry
59
Median 3Y
4.4
Median 5Y
5.7
Industry
9.8
Forward
4.2
More Details
5.9
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
5.9
vs History
65
vs Industry
56
Median 3Y
5.6
Median 5Y
7.7
Industry
12.6
Forward
5.5
More Details
5.9
EV/OCF
EV/OCF
Enterprise Value to OCF
5.9
vs History
60
vs Industry
49
Median 3Y
5.6
Median 5Y
6.5
Industry
10.8
More Details
27.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
27.7
vs History
7
vs Industry
13
Median 3Y
5.7
Median 5Y
10
Industry
15
More Details
1
EV/IC
EV/IC
Enterprise Value to IC
1
vs History
57
vs Industry
41
Median 3Y
1.1
Median 5Y
1
Industry
1.1
More Details

Multiples Across Competitors

EB5 Competitors Multiples
First Resources Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
First Resources Ltd
SGX:EB5
2.3B SGD 1.7 7.2 4.6 5.9
US
Archer-Daniels-Midland Co
XETRA:ADM
18.8B EUR 0.2 11.8 9.3 14.4
SG
Wilmar International Ltd
SGX:F34
19.6B SGD 0.2 12.7 3.9 6.1
CN
Tongwei Co Ltd
SSE:600438
76.2B CNY 0.8 -11.4 -20.4 -20.4
US
Bunge Ltd
NYSE:BG
10.2B USD 0.2 9 6 7.7
US
Ingredion Inc
NYSE:INGR
8.4B USD 1.1 13 7.5 9.1
MY
Sime Darby Plantation Bhd
KLSE:SIMEPLT
31.5B MYR 1.7 16.9 10.5 18.5
CN
New Hope Liuhe Co Ltd
SZSE:000876
46.6B CNY 0.4 11.3 -482.2 -482.2
MY
IOI Corporation Bhd
KLSE:IOICORP
22B MYR 2.1 17 14.2 18.7
MY
Kuala Lumpur Kepong Bhd
KLSE:KLK
21.4B MYR 0.9 36.6 10.3 16.2
US
Darling Ingredients Inc
NYSE:DAR
4.6B USD 0.8 16.5 10.7 29.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
First Resources Ltd
SGX:EB5
Average EV/EBITDA: 8.6
4.6
0%
N/A
US
A
Archer-Daniels-Midland Co
XETRA:ADM
9.3
13%
0.7
SG
Wilmar International Ltd
SGX:F34
3.9
6%
0.6
CN
Tongwei Co Ltd
SSE:600438
Negative Multiple: -20.4
-8%
N/A
US
Bunge Ltd
NYSE:BG
6
7%
0.9
US
Ingredion Inc
NYSE:INGR
7.5
4%
1.9
MY
S
Sime Darby Plantation Bhd
KLSE:SIMEPLT
10.5
N/A N/A
CN
New Hope Liuhe Co Ltd
SZSE:000876
Negative Multiple: -482.2 N/A N/A
MY
IOI Corporation Bhd
KLSE:IOICORP
14.2
8%
1.8
MY
K
Kuala Lumpur Kepong Bhd
KLSE:KLK
10.3
8%
1.3
US
Darling Ingredients Inc
NYSE:DAR
10.7
26%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
First Resources Ltd
SGX:EB5
Average EV/EBIT: 14
5.9
-1%
N/A
US
A
Archer-Daniels-Midland Co
XETRA:ADM
14.4
4%
3.6
SG
Wilmar International Ltd
SGX:F34
6.1
7%
0.9
CN
Tongwei Co Ltd
SSE:600438
Negative Multiple: -20.4
-25%
N/A
US
Bunge Ltd
NYSE:BG
7.7
6%
1.3
US
Ingredion Inc
NYSE:INGR
9.1
4%
2.3
MY
S
Sime Darby Plantation Bhd
KLSE:SIMEPLT
18.5
N/A N/A
CN
New Hope Liuhe Co Ltd
SZSE:000876
Negative Multiple: -482.2 N/A N/A
MY
IOI Corporation Bhd
KLSE:IOICORP
18.7
8%
2.3
MY
K
Kuala Lumpur Kepong Bhd
KLSE:KLK
16.2
10%
1.6
US
Darling Ingredients Inc
NYSE:DAR
29.9
55%
0.5

See Also

Summary
EB5 intrinsic value, competitors valuation, and company profile.
DCF Valuation
EB5 stock valuation using Discount Cash Flow valuation method.
Relative Valuation
EB5 stock valuation using valuation multiples.
Wall Street Estimates
EB5 price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
EB5 stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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