Current Investment Rankings
Rankings are market-specific until the underlying research uses sufficiently comparable price dates, forecasts and scoring. Business quality, valuation and expected return remain separate judgments.
Food Empire
11%–14% base-case IRR, supported by organic growth and net cash.
Food Empire
4.4/5 quality score. Quality ranking is independent of the current entry price.
Sembcorp Industries
4.5/5 valuation score, with company-specific balance-sheet risk considered separately.
Singapore Growth & Income Ranking
As of 16 August 2026 · Three-to-five-year horizon · Dated prices, not live quotes
| Rank | Company | Price | Base IRR | Quality | Valuation | Portfolio role | View | Why this rank |
|---|---|---|---|---|---|---|---|---|
| 1 | Food Empire F03 | S$2.42 | 11%–14% | 4.4/5 | 3.8/5 | Growth compounder / selective accumulation | Accumulate selectively | Still the best published SGX balance of organic growth and balance-sheet quality after 1H2026, but margin and cash conversion are now watch items. Selective accumulation is preferred until Kazakhstan contribution and operating leverage are visible. |
| 2 | Sembcorp Industries U96 | S$5.36 | 12%–16% | 4/5 | 4.5/5 | Value and growth | Accumulate | Lowest normalized earnings multiple and meaningful rerating potential, offset by Alinta integration and elevated leverage. |
| 3 | UltraGreen.ai ULG / UGS | S$1.53 | 10%–14% | 4.4/5 | 3.6/5 | Healthcare growth compounder | Accumulate selectively | High-margin regulated ICG consumables and net cash support growth, but distributor concentration, unproven software economics and a still-full multiple keep it below the top two. |
| 4 | Singtel Z74 | S$4.44 | 10%–12% | 4.4/5 | 3.2/5 | Defensive core | Buy on weakness | Highest defensive quality and strong associates, but the current SOTP discount and yield offer less upside than the top two. |
| 5 | Stoneweg Europe Stapled Trust SET / SEB | €1.55 | 10%–14% | 3.6/5 | 4.2/5 | High-income satellite | Selective buy | Highest cash yield and a material NAV discount, but gearing and European office exposure require smaller sizing. |
| 6 | Alpha Integrated REIT M1GU | S$0.520 | 10%–12% | 3.7/5 | 3.5/5 | Recovery income / selective accumulation | Accumulate selectively; prefer below S$0.50 ex-DPU | 1H2026 validated the recovery with roughly 10% normalized distributable-income and DPU growth, 95% occupancy and lower financing cost. Moderate leverage improves risk-adjusted appeal, but near-NAV pricing and concentration limit rerating upside. |
| 7 | AIMS APAC REIT O5RU | S$1.66 | 6%–9% | 4/5 | 2.2/5 | Quality income | Watch below S$1.55 | Strong operating quality, but the premium to NAV and lower yield leave the weakest current expected return. |
Korea ranking pending
1 current company page is published: FnGuide (064850). It is deliberately not labelled rank 1 because a one-company table would not answer a capital-allocation question.
Current FnGuide view
- Accumulate selectively at ₩18,810 (14 Aug 2026).
- Modeled base-case IRR: 17%–22%.
- Attractive index/data economics, but ETF-AUM cyclicality and Hwacheon/Kwon governance keep the company below A+ for now.
Required before ranking publication
- Refresh additional Korea companies under the same Value-up and governance framework.
- Use comparable price and forecast dates.
- Normalize earnings, excess cash and shareholder returns consistently.
- Score controlling-shareholder alignment separately from business quality.
Japan ranking pending
1 current company page is published: Japan Elevator Service Holdings. It is not labelled rank 1 because a one-company table would not answer a capital-allocation question.
Required before ranking publication
- Refresh several additional Japan companies.
- Use comparable price and forecast dates.
- Normalize earnings and scoring consistently.
- Record portfolio roles and yen sensitivity.
US ranking pending
1 current company page is published: S&P Global. It is not labelled rank 1 because no peer has yet been refreshed using the same post-spin, cash-flow and price assumptions.
Required before ranking publication
- Refresh additional US compounders and financial platforms.
- Use a disclosed common price date.
- Normalize acquisition amortisation, stock compensation and free cash flow.
- Apply consistent quality, downside and thesis-clarity scores.
How a market ranking is determined
- Expected shareholder return at the dated entry price.
- Business quality and durability of the earnings engine.
- Valuation using the metric appropriate to the business.
- Balance-sheet risk and plausible downside.
- Portfolio role, concentration and currency exposure.
When a global ranking becomes valid
A cross-market ranking should be published only after SGX, JPX, KRX and US research has comparable freshness and portfolio assumptions. Until then, the site avoids presenting a false global league table.
Ranking versus comparison
Rankings provide a current capital-allocation order within a defined universe. Comparisons are deeper decision studies explaining why one company is preferred to another under specific assumptions.
Open the comparison library →