He adds that the group’s balance sheet remains strong, at net cash of around 4.5 cents per share as of FY2024, while its dividend yield is attractive at about 7%.
RHB Bank Singapore (RHB) analyst Alfie Yeo has kept his “buy” call on Venture Corporation (SGX:V03
) (Venture) at a raised target price (TP) of $12.60 from $12.50 previously after rolling over his target price-to-earnings ratio (P/E) to a blended 15 times FY2025 to FY2026 earnings at a lower 0.5 standard deviation (s.d.) mean.
Currently, Yeo sees that Venture has attractive valuations, noting that the group’s export exposure to the US market of around 20% to 30% is priced in for now.
