JCO.SI

SellFallen Favourite

JustCo Holdings Limited · Real Estate · Singapore · $203M cap · $78K/day traded

SGD 0.41 -3.5% · close 21 Oct · scored 22 Oct

Fallen Favourite: A good business, still expensive, and the price is falling.

29
StockRank
Get score and insider alerts
Quality
58
Value
20
Momentum
39

As of 22 Oct 2026, MoatMap's StockRank for JustCo Holdings Limited (JCO.SI) is 29/100, ranked against 24,000+ stocks in 35 markets (Quality 58, Value 20, Momentum 39, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
—
peers 13.9x
ROE
4.5%
peers 4.2%
D/E
3.6x
peers 0.6x
Dividend %
—
trailing yield

ABOUT JUSTCO HOLDINGS LIMITED

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JustCo Holdings Limited owns and operates flexible workspace platform in Singapore and internationally. The company offers various workspace solutions, including private offices, coworking memberships, such as hot desk and dedicated desk, meeting rooms and event spaces, and virtual offices.

FINANCIAL SUMMARY (SGD)

Year202320242025CAGRTTM2026E2027EFwd CAGR
Revenue145.3M163.8M192.6M15.1%204.2M239.9M313.4M27.6%
EPS (SGD)-0.03-0.030.00—————
Shares489.2M489.2M489.2M0.0%————
Debt405.7M411.6M513.4M12.5%519.8M———
Equity61.0M50.6M50.4M-9.0%————
Op CF87.4M101.0M135.1M24.3%130.9M———
Inv CF-71.7M39.6M-17.2M—————
Fin CF-70.3M-84.5M-104.1M—————
Loading 1Y...
PRICE (1Y) · SGD-28.1%
0.410.450.490.530.5710 Sep1 Oct21 Oct
SMA 50SMA 200

Price checkNo read yetExperimental

Not enough steady price history for a read yet.

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
SGD 0.41
RSI (14)
12.5

SCORE BREAKDOWN

Quality
58
ROIC
5.0%47.4
ROE
4.5%40.6
GP/Assets
28.8%96.4
Op. Margin
12.0%32.5
FCF/Assets
17.0%97.8
Piotroski
673.3
Int. Cover
1.1x17.1
D/E Ratio
3.58x4.6
Current Ratio
1.36x48.0
Value
20
P/E (TTM)
—N/A
EV/EBITDA
76.6x5.0
P/FCF
n/mN/A
P/B
1.2x32.1
P/S
—N/A
Div Yield
—N/A
Momentum
39
52W High %
—N/A
RS 6M
—N/A
SMA 50/200
—N/A
EPS Rev 4W
+0.7%81.4
EPS Rev 12W
—N/A
EPS Improve
+101%74.5
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$203M
P/E (Forward)
16.6x
Gross Margin
98.0%

SECTOR PEERS

Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of JCO.SI are excluded.

TickerCompanyMkt CapStockRankSignal
JCO.SIJustCo Holdings Limited(you)$203M29Sell
5IC.SISing Holdings Limited$153M32Sell
S3N.SIGlobal Resource Construction Ltd.$259M46Hold
O10.SIFar East Orchard Limited$408M40Hold
H30.SIHong Fok Corporation Limited$556M41Hold
5AE.SIPollux Properties Ltd.$63M20Strong Sell
EUDAEUDA Health Holdings Limited$52M23Sell
41O.SILHN Limited$180M64Hold
W8W.SIColiwoo Holdings Limited$169M71Buy
CLN.SIAPAC Realty Limited$182M89Strong Buy

Peer medians: ROE 4.2% · P/E 13.9x · Gross margin 59.5%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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JustCo Holdings Limited (JCO.SI): Stock Score Summary

JustCo Holdings Limited (JCO.SI) has a MoatMap StockRank of 29/100 based on Quality (58/100), Value (20/100), and Momentum (39/100) factor scores. The current signal is SELL.

JustCo Holdings Limited owns and operates flexible workspace platform in Singapore and internationally. The company offers various workspace solutions, including private offices, coworking memberships, such as hot desk and dedicated desk, meeting rooms and event spaces, and virtual offices.

Key Financial Metrics

PriceSGD 0.41
Market Cap$203M
P/E (Forward)16.59
Price/Book1.15
Return on Equity4.5%
Return on Invested Capital5.0%
Debt/Equity3.58x
Gross Margin98.0%
Operating Margin12.0%
Revenue Growth24.1%
Free Cash Flow$93M

JustCo Holdings Limited operates in the Real Estate Services industry, part of the Real Estate sector (Singapore).

Frequently Asked Questions

What is JustCo Holdings Limited’s (JCO.SI) StockRank?
MoatMap’s StockRank for JustCo Holdings Limited (JCO.SI) is 29/100, with a Sell signal. It is a composite of Quality (58), Value (20), and Momentum (39), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does JustCo Holdings Limited have an economic moat?
JustCo Holdings Limited (JCO.SI) has a Quality factor score of 58/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is JustCo Holdings Limited a buy, hold, or sell?
MoatMap’s current signal for JustCo Holdings Limited (JCO.SI) is Sell, based on a StockRank of 29/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is JustCo Holdings Limited in?
JustCo Holdings Limited (JCO.SI) operates in the Real Estate sector, specifically the Real Estate Services industry (Singapore).