SIMPPLE LTD. Ordinary Shares (SPPL)

FairStock Score: 28/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the 2026-10-13 close of $1.90, Simpple has a $21.7 million market cap. It is a 39-employee Singapore facilities-management software company offering SIMPPLE modules, SIMPPLE PLUS robotics, IoT devices, SIMPPLE.AI, and consultancy. As a Buffett/Graham investor, I start with durable earning power and a survivable balance sheet. The supplied numbers are unpromising: FairStock's P/E is -3.39, P/B is 4.13, ROE is -142.38%, ROCE is -26.25%, debt/equity is 1.15, Altman Z-Score is -0.74, and Piotroski F-Score is 1/9. The Altman figure points to distress risk; the Piotroski score suggests poor fundamental momentum. The FairStock score of 28/100 is weak. Revenue and profit growth are not available, and the Lynch category is none because there are only 0 years of filed results, not the three needed. So I cannot judge a multi-year growth trajectory. Beta of 4.25 and a 52-week range of $1.50-$6.57 tell me the shares are highly volatile and have fallen far from highs, but a low price is not the same as value. A P/B above 4 with deeply negative returns means the market is still paying a premium to book for a loss-making enterprise. If Simpple can scale its software and robotics offerings and turn losses into cash earnings, the small employee base could provide operating leverage. But today the evidence points to a speculative, financially fragile microcap, not a proven compounding business. I would need several years of filed results and improving returns before calling it investment grade.

In plain English: Simpple is a small Singapore company that sells software and robots to help manage buildings. The business looks weak right now: it is losing money, carries debt, and has a very short record of filed results. At $1.90, the price does not look cheap compared with its accounting value and weak returns.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer