Riverstone Holdings Ltd
SGX:AP4

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Riverstone Holdings Ltd
SGX:AP4
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Price: 0.73 SGD -2.01% Market Closed
Market Cap: S$1.1B

P/S

3.4
Current
12%
Cheaper
vs 3-y average of 3.8

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3.4
=
Market Cap
S$1.2B
/
Revenue
995.3m

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3.4
=
Market Cap
S$1.2B
/
Revenue
995.3m

Valuation Scenarios

Riverstone Holdings Ltd is trading below its 3-year average

If P/S returns to its 3-Year Average (3.8), the stock would be worth S$0.83 (13% upside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-56%
Maximum Upside
+13%
Average Downside
16%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 3.4 S$0.73
0%
3-Year Average 3.8 S$0.83
+13%
5-Year Average 3.2 S$0.69
-6%
Industry Average 2.8 S$0.6
-18%
Country Average 1.5 S$0.32
-56%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
S$1.2B
/
Jan 2026
995.3m
=
3.4
Current
S$1.2B
/
Dec 2026
1.1B
=
1.1
Forward
S$1.2B
/
Dec 2027
1.2B
=
1
Forward
S$1.2B
/
Dec 2028
1.2B
=
0.9
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
SG
Riverstone Holdings Ltd
SGX:AP4
Average P/E: 31.5
16.2
7%
2.3
JP
Hoya Corp
TSE:7741
39.6
15%
2.6
US
M
Medline Inc
NASDAQ:MDLN
Not Available
30%
N/A
CH
Alcon AG
SIX:ALC
36.4
32%
1.1
DK
Coloplast A/S
CSE:COLO B
22.8
21%
1.1
US
Align Technology Inc
NASDAQ:ALGN
31
34%
0.9
UK
ConvaTec Group PLC
LSE:CTEC
31.2
41%
0.8
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
23.7
9%
2.6
JP
A
Asahi Intecc Co Ltd
TSE:7747
51.2
40%
1.3
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -37.9 N/A N/A
CA
Bausch + Lomb Corp
NYSE:BLCO
Negative Multiple: -15 N/A N/A

Market Distribution

Higher than 70% of companies in Singapore
Percentile
70th
Based on 619 companies
70th percentile
3.4
Low
0 — 0.8
Typical Range
0.8 — 3.3
High
3.3 —
Distribution Statistics
Singapore
Min 0
30th Percentile 0.8
Median 1.5
70th Percentile 3.3
Max 215.8

Riverstone Holdings Ltd
Glance View

In the bustling world of manufacturing, Riverstone Holdings Ltd. stands out as a powerhouse in the production of cleanroom and healthcare gloves, as well as cleanroom consumables. Established by an adept team with deep expertise in polymer chemistry and glove manufacturing, the company has carved its niche through a meticulous focus on quality and innovation. Riverstone oversees its entire production process, ensuring stringent adherence to global standards. This end-to-end control not only assures product excellence but also grants a competitive edge in the quality-sensitive markets they serve. The company’s prominence is especially notable in regions like Asia, Europe, and America, where the emphasis on hygiene and safety is ever-increasing. Riverstone's financial prowess stems from its ability to meet the diverse needs of industries ranging from pharmaceuticals and electronics to healthcare. By supplying gloves that are integral to sterile environments, the company taps into high-demand sectors. Moreover, their cleanroom products, such as packaging materials and finger cots, complement their core offerings, creating a comprehensive range of solutions for contamination-free environments. This strategic diversification reinforces their revenue streams, allowing them to weather market fluctuations and capitalize on the global push towards improved safety standards. With such a carefully curated portfolio, Riverstone Holdings consistently positions itself as a trusted name in safeguarding both workers and the purity of manufacturing environments.

AP4 Intrinsic Value
0.68 SGD
Overvaluation 7%
Intrinsic Value
Price S$0.73
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