First Resources Ltd
OTC:FSRCY

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First Resources Ltd
OTC:FSRCY
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Price: 130 USD -1.89% Market Closed
Market Cap: $2B

Net Margin

23.2%
Current
Improving
by 2.5%
vs 3-y average of 20.7%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
23.2%
=
Net Income
$291.1m
/
Revenue
$1.3B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
23.2%
=
Net Income
$291.1m
/
Revenue
$1.3B

Peer Comparison

Country Company Market Cap Net
Margin
SG
First Resources Ltd
SGX:EB5
3.5B SGD
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US
Archer-Daniels-Midland Co
XETRA:ADM
28B EUR
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US
Bunge Ltd
NYSE:BG
23.2B USD
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SG
Wilmar International Ltd
SGX:F34
22.1B SGD
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CN
Tongwei Co Ltd
SSE:600438
81.1B CNY
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MY
Sime Darby Plantation Bhd
KLSE:SIMEPLT
40.2B MYR
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US
Darling Ingredients Inc
NYSE:DAR
8B USD
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US
Ingredion Inc
NYSE:INGR
7.3B USD
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MY
IOI Corporation Bhd
KLSE:IOICORP
24.6B MYR
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MY
Kuala Lumpur Kepong Bhd
KLSE:KLK
22.1B MYR
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CN
New Hope Liuhe Co Ltd
SZSE:000876
38.6B CNY
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Market Distribution

Higher than 85% of companies in Singapore
Percentile
85th
Based on 1 060 companies
85th percentile
23.2%
Low
-230 800 561.6% — -1.2%
Typical Range
-1.2% — 9%
High
9% — 5 696 822.3%
Distribution Statistics
Singapore
Min -230 800 561.6%
30th Percentile -1.2%
Median 2.9%
70th Percentile 9%
Max 5 696 822.3%

First Resources Ltd
Glance View

First Resources Ltd. stands as a front-runner in the palm oil industry, navigating the complex landscape of agribusiness with astute precision. Founded in 1992, the Singapore-listed company has grown its footprint across Indonesia, capitalizing on the region’s favorable tropical climate and vast expanses of arable land. The company specializes in the cultivation of oil palm trees and the extraction and refining of crude palm oil (CPO) and palm kernel into value-added products. By efficiently managing over 210,000 hectares of planted palm oil plantations, First Resources has structured its operations to maximize yield and optimize the cost-efficiency of its production processes through advanced agronomy methods and sustainable practices. Revenue generation for First Resources hinges on its ability to supply a diverse range of customers, from consumer goods companies to the renewable energy sector, both of which have seen an increasing demand for palm oil-derived products in recent years. The company has tactically integrated its operations, from plantation and milling to refining and processing, allowing it to capture value at every stage of the palm oil supply chain. Moreover, by leveraging modern technology and a comprehensive distribution network, First Resources ensures its products meet stringent quality and sustainability standards, serving not only to satisfy global market needs but also to comply with evolving environmental regulations. As a result, First Resources effectively positions itself to maintain robust financial performance while navigating the volatile commodity markets.

FSRCY Intrinsic Value
146.33 USD
Undervaluation 11%
Intrinsic Value
Price
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
23.2%
=
Net Income
$291.1m
/
Revenue
$1.3B
What is First Resources Ltd's current Net Margin?

The current Net Margin for First Resources Ltd is 23.2%, which is above its 3-year median of 20.7%.

How has Net Margin changed over time?

Over the last 3 years, First Resources Ltd’s Net Margin has increased from 22.2% to 23.2%. During this period, it reached a low of 14.8% on Dec 31, 2023 and a high of 26.5% on Dec 31, 2022.

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