Which companies are Southern Alliance Mining's closest peers?

The cockpit's peer set: Jiangsu Safety (603028.SS), Tokyo Tekko (5445.T), SeAH Steel (003030.KS), Kisco (104700.KS), DONGKUK STEEL MILL (460860.KS), JTL Industries (JTLIND.NS), Welspun Specialty Solutions (WELSPLSOL.NS), A-One Steels India (AONESTEELS.NS).

How has Southern Alliance Mining stock performed?

Over six months to 6 Nov 2026 the shares returned -14.1% against +1.8% for the median peer; over one year -22.6%.

← CockpitCompetitor Analysis › QNS.SI Southern Alliance Mining Ltd.Open in the cockpit ↗

Southern Alliance Mining Ltd.QNS.SICompetitor analysis, valuation and peers

Singapore · SGD·Materials›Steel

Momentum neutral 55

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$197M

US dollars, full cap

Free float

20%

of shares outstanding

$/day

$293,692

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-6.5 pp

WACC 5.0%

Hurdle

+5 pp

Req g minus delivered

Close · SGDS$0.40

1D-1.2%

1W-7.1%

1M-2.5%

3M-7.1%

6M-14.1%

YTD-6.0%

1Y-22.6%

ATR %5.5%

52w lowhigh32.5% off high

What Southern Alliance Mining does

No business profile yet.

Southern Alliance Mining at a glance

Size Southern Alliance Mining (QNS.SI) is a Singapore Materials company (Steel) with a market value of $197M, the 164th largest of 186 Singapore companies the cockpit tracks. Shares closed at S$0.40 on 6 Nov 2026.

Performance Over six months the shares fell 14.1%, against +1.8% for the median peer and -1.2% for the Singapore market (cap-weighted) — 7th lowest of 20 in its peer set.

Growth Revenue grew 34.8% over the last twelve months (peer median +8.9%); the operating margin is -2.5% (peer median 2.7%).

Valuation It trades at 2.5× enterprise value to sales against a peer median of 1.2× (6th most expensive of 20).

Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is -8%, so the hurdle is +5 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 6.5 points below its cost of capital (5.0% WACC).

Relative performance

Six months, rebased to 100: Southern Alliance Mining against the median of its 20 peers (local-currency closes).

Southern Alliance Mining financials

Reported figures in SGD; fiscal year ends 2026-07-31. TTM = trailing twelve months.
	TTM	FY2026	FY2025	FY2024	FY2023
Revenue	S$81.2M	S$81.3M	S$60.3M	S$47.6M	S$37.4M
Revenue growth	—	+35%	+27%	+27%	—
Gross profit	S$8.06M	S$7.98M	S$935,684	S$2.61M	-S$251,362
EBITDA	S$11.0M	S$9.68M	S$3.79M	S$4.87M	S$1.53M
Net income	-S$7.41M	-S$7.34M	-S$8.26M	-S$1.27M	-S$2.35M
Free cash flow	S$12.5M	S$12.3M	S$902,130	S$3.43M	-S$9.85M
Capital expenditure	S$8.63M	S$8.49M	S$8.52M	S$2.12M	S$4.57M
Total debt	n/a	S$2.52M	S$4.26M	S$5.07M	S$3.92M

Quarterly statements and history in the cockpit →

Southern Alliance Mining competitor charts

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.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Southern Alliance Mining is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Southern Alliance Mining is the large dot.

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Southern Alliance Mining is the large dot.

Southern Alliance Mining competitors and peer comparison

How Southern Alliance Mining compares with its peers

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.

Southern Alliance Mining against its 20 peers (data as of 6 Nov 2026)
Measure	QNS.SI	Peer median	Rank in peer set
1-month return	-2.5%	-6.4%	4th highest of 21
6-month return	-14.1%	+1.8%	7th lowest of 20
Distance from 52-week high	-32.5%	-25.2%	8th lowest of 21
Revenue growth (TTM)	+34.8%	+8.9%	2nd highest of 20
Operating margin	-2.5%	2.7%	4th lowest of 20
EV / Sales	2.5×	1.2×	6th most expensive of 20
Growth the price implies (Req g, 7 yrs)	-3.4%	11.2%	2nd least demanding of 7
Growth delivered (Del g)	-8.4%	+7.9%	lowest of 7
Hurdle (Req g minus delivered)	+5.1 pp	+6.8 pp	3rd least demanding of 7
ROIC minus cost of capital	-6.5 pp	-4.2 pp	9th lowest of 19
EV / EBITDA	18.9×	16.1×	4th most expensive of 10
Net debt / EBITDA	-4.1×	0.5×	2nd least indebted of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Southern Alliance Mining QNS.SI	Singapore	$197M	-14%	+35%	-2%	2.5×	-3.4%	-8.4%
Jiangsu Safety 603028.SS	China	$290M	-22%	-45%	-17%	2.7×	n/a	n/a
Tokyo Tekko 5445.T	Japan	$296M	+3%	-2%	14%	0.6×	n/a	n/a
SeAH Steel 003030.KS	South Korea	$298M	-58%	+11%	2%	0.1×	n/a	n/a
Kisco 104700.KS	South Korea	$302M	+22%	+2%	-9%	0.1×	n/a	n/a
DONGKUK STEEL MILL 460860.KS	South Korea	$308M	-45%	+12%	3%	0.1×	n/a	n/a
JTL Industries JTLIND.NS	India	$314M	-8%	+16%	7%	1.3×	n/a	n/a
Welspun Specialty Solutions WELSPLSOL.NS	India	$316M	+5%	+5%	3%	3.3×	n/a	n/a
A-One Steels India AONESTEELS.NS	India	$323M	n/a	n/a	n/a	n/a	n/a	n/a
Ratnaveer Precision Engineering RATNAVEER.NS	India	$325M	+106%	+21%	8%	2.4×	n/a	n/a
YC Inox 2034.TW	Taiwan	$344M	+4%	-20%	3%	1.9×	n/a	n/a
SeAH 058650.KS	South Korea	$346M	-27%	+16%	4%	0.5×	n/a	n/a
Chubu Steel Plate 5461.T	Japan	$353M	-3%	+19%	0%	0.8×	n/a	n/a
Kg Dongbusteel 016380.KS	South Korea	$354M	-32%	+6%	2%	0.1×	-14.9%	+6.4%
Tubacex TUB.MC	Spain	$358M	-6%	-7%	-2%	1.2×	15.7%	+9.3%
John Cockerill India COCKERILL.NS	India	$358M	+23%	+174%	-1%	3.6×	21.5%	+0.4%
Jiangsu Wujin Stainless Steel Pipe 603878.SS	China	$360M	-46%	-9%	-4%	1.2×	6.6%	-0.6%
Vardhman Special Steels VSSL.NS	India	$371M	+31%	+15%	11%	1.8×	n/a	n/a
Venus Pipes & Tubes VENUSPIPES.NS	India	$377M	+21%	+22%	14%	2.9×	n/a	n/a
Kirloskar Industries KIRLOSIND.NS	India	$381M	+2%	+4%	8%	0.5×	3.2%	+27.5%
Steelcast STEELCAS.NS	India	$387M	+23%	+9%	24%	8.3×	30.2%	+22.2%

Questions

Which companies are Southern Alliance Mining's closest peers?: The cockpit's peer set: Jiangsu Safety (603028.SS), Tokyo Tekko (5445.T), SeAH Steel (003030.KS), Kisco (104700.KS), DONGKUK STEEL MILL (460860.KS), JTL Industries (JTLIND.NS), Welspun Specialty Solutions (WELSPLSOL.NS), A-One Steels India (AONESTEELS.NS).
Is Southern Alliance Mining expensive compared with its peers?: On ev / sales it trades at 2.5× against a peer median of 1.2×, 6th most expensive of 20 in its peer set. For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is -8%, so the hurdle is +5 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Southern Alliance Mining stock performed?: Over six months to 6 Nov 2026 the shares returned -14.1% against +1.8% for the median peer; over one year -22.6%.