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Venture Corporation (V03) Fair Value & Analysis

Technology · SG · Market cap 4.9B SGD

VC Venture Corporation V03 · SG
Price16.88 SGD
Fair Value17.18 SGD
Upside+1.8%
Quality71/100
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Weak Growth
Thin margins · 9.0% net margin
Low debt · generates free cash flow
4.34% dividend yield
Ranks above peers (12/15)
Narrow moat 39/100
Evidence: High Range 13.55 SGD – 22.02 SGD Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated today

Fair value updated Aug 13, 2026, revised from 15.68 SGD to 17.18 SGD (+9.6%) since Aug 9, 2026. Share price +1.9% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 13.55 SGD (bear) to 22.02 SGD (bull), base 17.18 SGD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 71/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

18.65 SGD 9.44 SGD Fair Value 17.18 SGD May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 9.44 SGD – 18.65 SGD · fair‑value band 13.55 SGD – 22.02 SGD · the 16.88 SGD price screens below the 17.18 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Venture Corporation (V03) currently trades at 16.88 SGD, while our model-based Fair Value estimate is 17.18 SGD, implying the stock looks roughly 1.8% fairly valued today. The Quality Score stands at 71/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Venture Corporation generated revenue of 2.5B SGD at a net margin of 9.0%. Revenue declined 5.8% year over year. It earns a return on equity of 8.0%. The stock trades on a trailing P/E of 21.4. Fundamentals as of Aug 13, 2026

Our scenario range runs from 13.55 SGD (bear case) to 22.02 SGD (bull case); at 16.88 SGD, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 10% below its 52-week high and 53% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at 2%, V03 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF 11.97 SGD 14.50 SGD 18.70 SGD 80
Residual Income 8.08 SGD 8.67 SGD 9.55 SGD 76
Rev-Margin DCF 11.58 SGD 15.05 SGD 19.31 SGD 74
All 24 models by family
DCF Models
FCF DCF 11.66 SGD 14.29 SGD 19.02 SGD 38
Owner Earnings 11.96 SGD 14.70 SGD 19.63 SGD 31
5Y Revenue Exit 11.58 SGD 14.88 SGD 19.67 SGD 39
5Y EBITDA Exit 14.03 SGD 19.12 SGD 25.86 SGD 41
5Y P/E Exit 15.86 SGD 22.29 SGD 29.95 SGD 38
10Y Revenue Exit 11.37 SGD 13.78 SGD 16.38 SGD 36
10Y EBITDA Exit 13.01 SGD 16.35 SGD 19.92 SGD 37
10Y P/E Exit 14.10 SGD 18.26 SGD 22.27 SGD 35
Earnings-Based
Graham-Dodd 5.37 SGD 6.56 SGD 7.38 SGD 54
EPV 9.67 SGD 10.49 SGD 11.20 SGD 59
Dividend Discount
Gordon GGM 7.03 SGD 7.66 SGD 8.62 SGD 70
DDM Multi-Stage 7.03 SGD 8.69 SGD 10.95 SGD 61
Multiples
P/E Multiple 16.58 SGD 22.10 SGD 27.63 SGD 63
P/S Multiple 10.06 SGD 13.42 SGD 16.77 SGD 58
P/B Multiple 10.06 SGD 13.42 SGD 16.77 SGD 55
EV/EBIT 19.70 SGD 24.77 SGD 29.85 SGD 53
EV/EBITDA 17.48 SGD 21.82 SGD 26.15 SGD 54
EV/Revenue 12.16 SGD 15.46 SGD 18.76 SGD 43
Asset-Based
NCAV (Graham) 4.86 SGD 6.51 SGD 9.71 SGD 50
Growth DCF
Growth DCF 11.97 SGD 14.50 SGD 18.70 SGD 80
Rev-Margin DCF 11.58 SGD 15.05 SGD 19.31 SGD 74
Economic Profit
Residual Income 8.08 SGD 8.67 SGD 9.55 SGD 76
ROIC Compounder 9.67 SGD 10.58 SGD 11.58 SGD 72
Growth Earnings
Growth-Adj P/E 11.59 SGD 16.56 SGD 21.53 SGD 68

Widest divergence: Growth Earnings (16.56 SGD) versus Asset-Based (6.51 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 2.5B SGD
Revenue growth (YoY) -5.8%
Net margin 9.0%
Return on equity 8.0%
Free cash flow 223M SGD FY2025
P/E ratio 21.4
More key figures
Operating margin 9.8%
EPS (TTM) 0.7900 SGD
Dividend yield 4.3%
EPS growth (YoY) -5.5%

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 71/100

Of which business quality 70 · Market factors (momentum, volatility) 68

Profitability 43
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 55
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 52
Price trend over the last 3–12 months (market factor)
52W Momentum 74
Distance to the 52-week high (market factor)
Net Issuance 86
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Venture Corporation Limited, together with its subsidiaries, provides technology solutions, products, and services in Singapore, the Asia Pacific, and internationally. The company provides manufacturing, product design and development, engineering, and supply-chain management services.

Full company description

Venture Corporation Limited, together with its subsidiaries, provides technology solutions, products, and services in Singapore, the Asia Pacific, and internationally. The company provides manufacturing, product design and development, engineering, and supply-chain management services. It is also involved in manufacturing and trading of electronic products, components, equipment, devices and instruments; wholesale of computer hardware and peripheral equipment; manufacture and repair of process control equipment and related products; customisation and logistic services; manufacture and sale of terminal units; develop and market colour imaging products for label printing; manufacturing and assembly of electronic and other computer products and peripheral; letting of factory building; and manufacturing of medical devices. In addition, the company provides engineering, customization, logistics, design solutions and services, information system development and support; and manufacturing and sale of sub- assemblies, printed circuit board assemblies for communication/networking equipment, and medical and scientific equipment/instrumentation, consumer electronics, measuring equipment, testing equipment, navigating and control equipment, optical instruments and equipment, plastic precision engineering components and mould, and plastic injection moulds and mouldings with secondary processes. Further, it engages in the research and experimental development on biotechnology, and life and medical science; repair of engineering and scientific instruments; design, development, manufacture, sales, installation and servicing of computers and related products; and provision of manufacturing services for original design. Venture Corporation Limited was incorporated in 1984 and is headquartered in Singapore.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Venture Corporation reported revenue of 2.5B SGD in FY2025 versus 3.1B SGD in FY2021, a compound −5.0%/yr. Reported net income was 227M SGD in FY2025, compounding −7.7%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.5B SGD
Latest YoY
−7.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−13.1%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−3.4%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.7%
Revenue −5.0%/yr
FY21 3.1B SGD
FY22 3.9B SGD
FY23 3.0B SGD
FY24 2.7B SGD
FY25 2.5B SGD
Net income −7.7%/yr
FY21 312M SGD
FY22 370M SGD
FY23 270M SGD
FY24 245M SGD
FY25 227M SGD

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Cite: Fair Value Calculator (2026). "Venture Corporation Fair Value". https://www.fairvalue-calculator.com/stock/V03

Peer Group

Electronic Components · 647 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 71 · Top 25%
Fair Value upside +2% · Above median
Return on equity (TTM) 8% · Above median
Return on assets 4% · Above median
Net margin (TTM) 9% · Above median
Operating margin (TTM) 10% · Above median
Revenue growth -6% · Below median
Dividend yield (TTM) 4.3% · Top 25%

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 21.4× · Cheaper than 75% of peers
P/B 1.37× · Cheaper than median
P/S (TTM) 1.51× · Cheaper than median
P/FCF 17.2× · Pricier than 75% of peers
EV/EBITDA 9.7× · Cheaper than median
PEG 2.53× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 36 · sector 0
FUTURE 0 · sector 36
PAST 32 · sector 24
HEALTH 100 · sector 95
DIVIDEND 87 · sector 24

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,790 TWD 602.37 TWD -66%
Luxshare Precision Industry Co 002475 ¥56.06 ¥38.44 -31%
Samsung Electro-Mechanics Co 009150 1,503,000 KRW 172,954 KRW -88%
Suzhou Dongshan Precision Manufacturing Co 002384 ¥202.11 ¥21.19 -90%
Shengyi Technology Co 600183 ¥143.23 ¥36.30 -75%
Shennan Circuits Co 002916 ¥385.80 ¥125.52 -67%
Victory Giant Technology (HuiZhou) Co 2476 HK$238.60 HK$75.68 -68%
Kingboard Laminates Holdings 1888 HK$38.70 HK$8.95 -77%
Asia Vital Components Co 3017 2,910 TWD 1,369 TWD -53%
Nan Ya Printed Circuit Board Corporation 8046 1,215 TWD 1,768 TWD +46%

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Frequently asked questions

Is Venture Corporation (V03) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 17.18 SGD versus a price of 16.88 SGD, about +2% (fairly valued).
What is the fair value of V03?
Our model-based fair value for Venture Corporation is 17.18 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 16.88 SGD.
What is the quality score of V03?
Venture Corporation has a Quality Score of 71/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Venture Corporation (V03)?
Venture Corporation reported trailing-twelve-month revenue of about 2.5B SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of V03?
The net profit margin of Venture Corporation is about 9.0%, meaning it keeps roughly 9.0% of revenue as net income. Based on the latest reported figures.
Does Venture Corporation pay a dividend?
Venture Corporation currently shows a dividend yield of about 4.34% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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