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Fitness Champs Holdings Limited is a Cayman Islands-incorporated holding company that, through its subsidiaries, operates as a sports education provider specializing in swimming programs in Singapore. It delivers school-based swimming lessons as a certified partner in the government-funded SwimSafer program administered by the Ministry of Education, serving public and private schools to promote water safety and essential swimming skills among students. The company also offers private swimming lessons under the Fitness Champs brand to children as young as 30 months, youths, adults, and ladies-only classes at various public pools, emphasizing correct stroke techniques in freestyle, breaststroke, butterfly, survival backstroke, and side kick for quick learning. Additionally, it provides aquatic sports classes including water polo, competitive swimming, and lifesaving for diverse age groups. Fitness Champs Holdings Limited complements its services with merchandise sales such as swimming goggles, swim caps, swimsuits, and flotation devices tailored to support its training programs. Founded in 2012 and headquartered in Singapore, it plays a key role in making swimming accessible, enjoyable, and vital for fitness and safety in the region.
$1.15
$0.02 (-1.71%)
EOD Jul 17, 2026
The business is unprofitable at the operating level (-32.96% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 1.6% YoY. Margins deteriorated 37.0pp alongside, both lines moving the wrong way.
ROIC dropped from 14.00% to -71.43%, capital efficiency is deteriorating. Operating margin contracted 37.0pp YoY, cost discipline may be slipping.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
SGD 4M
▼ -1.6% YoY
Net Income (TTM)
-SGD 1M
▼ -893.6% YoY
Op. Margin
-32.96%
▼ -37.0pp YoY
ROIC
-71.43%
▼ -85.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
SGD 582K
▲ +5920.0% YoY
Op. Cash Flow (TTM)
SGD 583K
▲ +65.2% YoY
Net Debt
-SGD 1M
Net Cash Position
Cash & Equiv.
SGD 2M
3Y CAGR: +14.5%
3Y CAGR: -21.8%
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Fitness Champs Holdings (FCHL) trades below a two-stage DCF intrinsic value of about SGD 303.35 per share, so at SGD 1.15 the stock looks undervalued (26,278.4% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Fitness Champs Holdings scores 50/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about SGD 303.35 per share for FCHL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around SGD 227.51. At today's SGD 1.15, that puts the stock about 26,278.4% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Fitness Champs Holdings scores 50 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a -33.0% operating margin and a -71.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. FCHL currently trades below its estimated intrinsic value and scores 50/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.