Employees: 501
Size LHN (41O.SI) is a Singapore Industrials company (Miscellaneous Commercial Services) with a market value of $162M, the 179th largest of 186 Singapore companies the cockpit tracks. Shares closed at S$0.47 on 6 Nov 2026.
Performance Over six months the shares fell 30.7%, against -15.4% for the median peer and -1.2% for the Singapore market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue fell 11.1% over the last twelve months (peer median +5.3%); the operating margin is 29.0% (peer median 4.3%).
Valuation It trades at 8.3× forward earnings against a peer median of 13.6× (2nd cheapest of 9).
Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.1 points below its cost of capital (5.0% WACC).
Next results Next results expected around 30 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | S$122M | S$131M | S$121M | S$93.6M | S$84.5M |
| Revenue growth | — | +9% | +29% | +11% | — |
| Gross profit | S$72.0M | S$75.6M | S$60.5M | S$58.0M | S$50.0M |
| EBITDA | S$52.1M | S$55.8M | S$56.7M | S$36.6M | S$33.4M |
| Net income | S$22.7M | S$20.1M | S$47.3M | S$20.0M | S$45.8M |
| Free cash flow | S$39.7M | S$51.4M | S$16.1M | S$29.5M | S$30.6M |
| Capital expenditure | S$5.02M | S$4.33M | S$4.88M | S$18.8M | S$8.09M |
| Total debt | n/a | S$347M | S$390M | S$280M | S$230M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 41O.SI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.7% | -10.6% | 9th highest of 21 |
| 6-month return | -30.7% | -15.4% | 6th lowest of 21 |
| Distance from 52-week high | -35.8% | -36.6% | 11th highest of 21 |
| Revenue growth (TTM) | -11.1% | +5.3% | 5th lowest of 21 |
| Operating margin | 29.0% | 4.3% | 2nd highest of 21 |
| Forward P/E | 8.3× | 13.6× | 2nd cheapest of 9 |
| Growth the price implies (Req g, 7 yrs) | -1.2% | -1.6% | 5th most demanding of 12 |
| Growth delivered (Del g) | -0.4% | +9.7% | 2nd lowest of 12 |
| Hurdle (Req g minus delivered) | -0.8 pp | -8.8 pp | 3rd most demanding of 12 |
| ROIC minus cost of capital | -1.1 pp | -4.7 pp | 9th highest of 20 |
| EV / EBITDA | 11.2× | 8.2× | 3rd most expensive of 12 |
| Net debt / EBITDA | 5.6× | -0.3× | 2nd most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| LHN 41O.SI | Singapore | $162M | -31% | -11% | 29% | 8.3× | -1.2% | -0.4% |
| ISDN I07.SI | Singapore | $177M | -31% | +17% | 7% | 11.9× | -2.8% | +4.0% |
| Azeus Systems BBW.SI | Singapore | $226M | -17% | -6% | 32% | n/a | -7.7% | +19.7% |
| APACT 200470.KS | South Korea | $245M | -14% | +44% | 4% | n/a | n/a | n/a |
| Integrated Service Technology 3289.TWO | Taiwan | $267M | -45% | +5% | 2% | 15.8× | 32.8% | +9.7% |
| Nippon Air Conditioning Services 4658.T | Japan | $301M | -12% | +7% | 7% | n/a | -1.6% | +7.1% |
| FSE Lifestyle Services 0331.HK | Hong Kong | $305M | -4% | -3% | 6% | 3.9× | n/a | n/a |
| Science SAG.L | United Kingdom | $308M | -4% | -11% | 17% | 12.4× | -5.8% | +8.7% |
| SIGMAXYZ 6088.T | Japan | $310M | -6% | -13% | 24% | 11.0× | -9.5% | +11.2% |
| GMO Financial Gate 4051.T | Japan | $310M | +3% | +14% | 12% | 25.2× | 17.0% | +37.2% |
| Rejlers REJL-B.ST | Sweden | $314M | -7% | +6% | 6% | 14.8× | -3.1% | +14.9% |
| Qingdao Richmat Intelligence Technology 301320.SZ | China | $315M | -34% | +20% | -3% | n/a | n/a | n/a |
| Jiangsu Recbio Technology 2179.HK | Hong Kong | $317M | -43% | -82% | -25,868% | n/a | n/a | n/a |
| Wuhan Nusun Landscape 300536.SZ | China | $319M | -29% | +154% | -57% | n/a | n/a | n/a |
| Palm Eco-Town Development 002431.SZ | China | $319M | -43% | -52% | -50% | n/a | 14.2% | -16.0% |
| Jaykay Enterprises JAYKAY.NS | India | $321M | +28% | +118% | 4% | n/a | n/a | n/a |
| Beijing ZEHO Waterfront Ecological Environment Treatment 605069.SS | China | $324M | -28% | +3% | -62% | n/a | n/a | n/a |
| Knowit KNOW.ST | Sweden | $327M | +48% | -6% | 2% | 24.3× | 6.3% | +12.1% |
| YingTong Telecommunication 002861.SZ | China | $329M | -27% | +15% | -8% | n/a | n/a | n/a |
| Wuhan Guide Technology 301633.SZ | China | $331M | -19% | -32% | -11% | n/a | n/a | n/a |
| Business Brain Showaota 9658.T | Japan | $332M | +63% | +6% | 7% | n/a | -1.2% | +7.6% |