Obermatt

First Resources

SES:EB5 · SG1W35938974
Food ProductsMedium

360

83
EV / EBIT89
Price / Owner Earnings62
Owner Earnings Yield67
Dividend Yield83
Price/Sales10
EV / Gross Profit30
Price/Book24
Return on Capital91
Cash Return on Capital85
Return on Equity94
EBIT Margin100
Gross Profitability44
Cash Conversion4
Accruals1
Owner Earnings Margin92
Sales growth28
Profit Growth93
Long-Term EPS Growth35
Owner Earnings Growth87
Reinvestment17
Price momentum100
Debt load31
Refinancing42
Debt Payback45
Liquidity67
Analyst ratings59
Opinion Changes13
Price Target Upside73
Market mood73
Value Creation20/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

First Resources generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryBritish Virgin Islands
IndustryFood Products
SizeMedium
TypePublic Company
ExchangeSGX
Founded2004
Employees1,319
ISINSG1W35938974
Last UpdateApr 2, 2026
Index & Theme
Clean EnergyBiofuelFarmingBiomass EnergyBio-based and Renewable Materials

Description

First Resources Limited is a leading primarily engages in the cultivation of oil palms, along with the production and marketing of various palm oil-based products. Business Segments The company is organized into key business segments that collectiv…

Analysis

Middle-of-the-road

First Resources Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is attractive. The owner-earnings multiple stands at 14.6×; owner earnings: the cash an owner could take out each year.

Growth is solid; the safety picture is adequate. The company scores 20/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
40
2023202420252026

All-time high

98

Jan 2025

All-time low

35

Mar 2026

Average rank

59

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
10
17
21
13
Price/Earnings
57
85
91
73
Price/Book
24
95
34
30
Dividend Yield
83
95
100
95
Value (overall)
36
79
62
53

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →