Aspial Lifestyle Intrinsic Value – ASPIAL LIFESTYLE Reports 62.0% Increase in Revenue for Q2 FY2023, Totalling SGD 228.8 Million.
August 21, 2023

☀️Earnings Overview
At the end of June 30 2023, ASPIAL LIFESTYLE ($SGX:5UF) reported total revenue of SGD 228.8 million for the second quarter of its FY2023, a 62.0% increase from the same quarter in the previous year. Net income for the quarter also rose 1.4% year over year, reaching SGD 9.4 million.
Analysis – Aspial Lifestyle Intrinsic Value
GoodWhale has performed an analysis of ASPIAL LIFESTYLE‘s financials, and has determined that the intrinsic value of the company’s shares is around SG$0.2. This value is calculated by our proprietary Valuation Line, which produces a fair market value based on the company’s financials. Currently, ASPIAL LIFESTYLE shares are trading at SG$0.1, which is 46.0% lower than their intrinsic value. This suggests that the stock may be undervalued and provides an opportunity for potential investors who are able to capitalize on this discrepancy. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Aspial Lifestyle. More…
Total Revenues | Net Income | Net Margin |
406.61 | 16.11 | 3.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Aspial Lifestyle. More…
Operations | Investing | Financing |
4.48 | -32.15 | 30.51 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Aspial Lifestyle. More…
Total Assets | Total Liabilities | Book Value Per Share |
878.02 | 709.6 | 0.12 |
Key Ratios Snapshot
Some of the financial key ratios for Aspial Lifestyle are shown below. More…
3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
21.0% | 11.4% | 11.6% |
FCF Margin | ROE | ROA |
-0.7% | 18.3% | 3.4% |

Peers
Maxi-Cash Financial Services Corp Ltd and its competitors, ValueMax Group Ltd, Shashank Traders Ltd, and U. H. Zaveri Ltd, are all companies that offer financial services. While each company offers different services, they all compete for the same customer base.
– ValueMax Group Ltd ($SGX:T6I)
Max Group Ltd is a publicly traded company with a market capitalization of 241.42 million as of 2022. The company has a return on equity of 11.09%. Max Group Ltd is involved in the business of providing financial and insurance services.
– Shashank Traders Ltd ($BSE:540221)
Shashank Traders Ltd is a company that deals in trading commodities. The company has a market capitalization of 24.75 million as of 2022. The company’s return on equity is -2.15%. The company is based in India and was founded in the year 1995.
– U. H. Zaveri Ltd ($BSE:541338)
U. H. Zaveri Ltd is a publicly traded company with a market capitalization of 363.93 million as of 2022. The company’s return on equity is 2.64%. U. H. Zaveri Ltd is engaged in the business of providing precious and semi-precious stones, pearls, and jewelry. The company has a network of retail outlets across India.
Summary
Aspial Lifestyle has seen impressive success in its second quarter of FY2023, with total revenue increasing by 62.0% from the same period in the previous year. Net income also increased by 1.4%. This strong financial performance is a positive indicator for investors, highlighting the potential for long-term returns. The company’s growth is especially encouraging given the current market conditions, providing confidence in the resilience of the business.
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