SHS Holdings (SGX:566) Enterprise Value: S$80.6 Mil (As of Aug. 11, 2026) ***

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SGX:566 SHS Holdings Ltd SGX:566
27 GF Score
Price S$0.12
GF Value S$0.44
Valuation Possible Value Trap
! 4 Warning Signs
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What is SHS Holdings Enterprise Value?

SHS Holdings SGX:566 -3.23% 27 Enterprise Value is S$80.6 Mil as of Aug. 11, 2026. GuruFocus rates SGX:566 with a GF Score™ of 27/100 and a GF Value™ of S$0.44 (Possible Value Trap). The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, SHS Holdings's Enterprise Value is S$80.6 Mil. SHS Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was S$-10.4 Mil. Therefore, SHS Holdings's EV-to-EBIT ratio for today is -7.75.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, SHS Holdings's Enterprise Value is S$80.6 Mil. SHS Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was S$-8.2 Mil. Therefore, SHS Holdings's EV-to-EBITDA ratio for today is -9.83.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, SHS Holdings's Enterprise Value is S$80.6 Mil. SHS Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was S$262.2 Mil. Therefore, SHS Holdings's EV-to-Revenue ratio for today is 0.31.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, SHS Holdings's Enterprise Value is S$80.6 Mil. SHS Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was S$7.2 Mil. Therefore, SHS Holdings's EV-to-OCF ratio for today is 11.19.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, SHS Holdings's Enterprise Value is S$80.6 Mil. SHS Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was S$4.2 Mil. Therefore, SHS Holdings's EV-to-FCF ratio for today is 19.06.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


SHS Holdings  (SGX:566) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

SHS Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=80.624/-10.404
=-7.75

SHS Holdings's current Enterprise Value is S$80.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. SHS Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was S$-10.4 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

SHS Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=80.624/-8.201
=-9.83

SHS Holdings's current Enterprise Value is S$80.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. SHS Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was S$-8.2 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

SHS Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=80.624/262.202
=0.31

SHS Holdings's current Enterprise Value is S$80.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. SHS Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was S$262.2 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

SHS Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=80.624/7.202
=11.19

SHS Holdings's current Enterprise Value is S$80.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. SHS Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was S$7.2 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

SHS Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=80.624/4.229
=19.06

SHS Holdings's current Enterprise Value is S$80.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. SHS Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was S$4.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SHS Holdings Enterprise Value Related Terms


SHS Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for SHS Holdings's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SHS Holdings Enterprise Value Chart

SHS Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.90 52.64 65.93 52.98 88.56

SHS Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.93 63.25 52.98 83.37 88.56

SGX:566 vs CRS, ATI, MLI: Enterprise Value Comparison

For the Metal Fabrication subindustry, SHS Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SHS Holdings Enterprise Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SHS Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where SHS Holdings's Enterprise Value falls into.


SGX:566
27GF Score
SHS Holdings Ltd SGX:566
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SHS Holdings Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

SHS Holdings's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

SHS Holdings's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of S$80.6 Mil mean?
SHS Holdings (SGX:566) has a Enterprise Value of S$80.6 Mil as of Aug. 11, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on SHS Holdings and its competitors.
Is SHS Holdings' Enterprise Value too high?
SHS Holdings' current Enterprise Value is S$80.6 Mil. Overall, SHS Holdings has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SHS Holdings' Enterprise Value compare to CRS and ATI?
SHS Holdings' Enterprise Value of S$80.6 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Industrial Products company?
A good Enterprise Value depends on the Industrial Products industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on SHS Holdings and its competitors. SHS Holdings's current Enterprise Value is S$80.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHS Holdings stock overvalued right now?
Based on GuruFocus' analysis, SHS Holdings (SGX:566) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.44, compared to a current price of S$0.12 — trading 72.7% below its estimated fair value. The current Enterprise Value is S$80.6 Mil. SHS Holdings' overall GF Score™ is 27/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For SHS Holdings (SGX:566), the current Enterprise Value is S$80.6 Mil as of Aug. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SHS Holdings (SGX:566) Overvalued in 2026?

Based on GuruFocus' analysis, SHS Holdings stock appears to be undervalued. The current stock price of S$0.12 is trading 72.7% below its estimated GF Value™ of S$0.44. GuruFocus considers SHS Holdings to be Possible Value Trap.

Key valuation signals for SGX:566:

  • Enterprise Value: S$80.6 Mil
  • GF Value™: S$0.44 vs. price of S$0.12 (72.7% below fair value)
  • GF Score™: 27/100 with 4 warning signs

No single metric tells the full story. See the SGX:566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SHS Holdings Business Description

Address 19 Tuas Avenue 20, Singapore, SGP, 638830
SHS Holdings Ltd is engaged in the design, engineering, and construction of steel, aluminium and glass structures. It is also engaged in corrosion prevention, structural steel and facade and solar energy operations. The company's segments include Corrosion prevention; Solar Energy; Engineering and Construction and Others. The Engineering & Construction segment, deriving the majority of the revenue, is engaged in the business of designing, engineering, and constructing steel, aluminium, and glass structures, and the design, construction, and manufacturing services in modular construction projects.
27GF Score

Get the complete analysis for SGX:566

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.12
Price
S$0.44
GF Value