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Tuan Sing – severely undervalued?
By The Unnecessary Job  •  March 22, 2019

Is Tuan Sing overly discounted?

At at a price to NAV of just 0.445, investors are paying 41 cents to own a share having a net asset value of $0.9217.

How does this compare with other property developers?

0.444830205 Frasers Property 0.689789556 Capitaland 0.771010023 0.819331527

Clearly Tuan Sing is a bit more undervalued compared to its peers.

What about its level of debt?

Debt/ Ebidta Frasers Property Capitaland

 However, Tuan Sing seems to have a very high level of debt relative to its peers.

One reason for its comparatively higher debt/EBITA ratio may be due to

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By The Unnecessary Job
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