Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Indigo Star Holdings Limited, an investment holding firm based in Singapore, primarily serves as a subcontractor specializing in structural reinforced concrete projects. The company's operations involve carrying out comprehensive reinforced concrete works, including steel reinforcement, formwork erection, and concrete pouring, for both general building and civil engineering ventures. Its project scope encompasses diverse general building constructions such as hotels, hospitals, mixed-use developments, and court buildings, as well as significant civil engineering undertakings like the construction of MRT stations. Founded in Singapore in 1996, Indigo Star Holdings Limited is a subsidiary of Amber Capital Holdings Limited.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is 'cheap' on EV/EBITDA, trading at neutral level