Springview Holdings LTD is a US-listed company in the homebuilding industry. Its financial year ends in December.
Loading chart…
Third-party market data · may be delayed
~$1.8
Valuation models combined (2)
Base case. Range ~$1.5–$2.1. Weighted average of 2 models (residual income, justified price-to-book).
No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.
Springview Holdings LTD valuation: adjust assumptions and compare models →
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Revenue for the twelve months was $6m. Free-cash-flow margin held at -26.1%. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 4 of our 6 financial-health checks. Our valuation models combined value is $1.73 a share, against a share price of $2.31.
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Springview Holdings LTD's trailing-twelve-month revenue fell 9.3% year on year, with a free-cash-flow margin of -26.1%. Where it stands out: change in growth rate of +24.3pp ranks 1 of 17 homebuilding companies we cover. Where it lags: gross margin of 13.7% ranks 11 of 11 homebuilding companies we cover.
Current signal Free cash flow diverging from earnings: TTM free cash flow fell 292.8% while net income fell 133.4%: a 159pp divergence.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Loading chart…
Third-party market data · may be delayed
Company announcements, filed results and changes that matter to shareholders.
No recent updates are available for SPHL from the sources we follow. See filings →
We value Springview Holdings LTD as an operating company, with every model that fits that kind of business. Cost of equity 8.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.84 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. | — | Does not apply: revenue and margins don't support a positive value |
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no positive earnings in the latest twelve months |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | ~$2.1 ~$1.5–$3.2 | Included |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | ~$1.5 ~$1.3–$1.8 | Included |
| Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. | ~$0.3 ~$0.3–$1.0 | Left out: out of range vs price (0.13x) |
| Combined value Weighted average of the models that apply: the primary model (revenue-to-maturity model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$1.8 ~$1.5–$2.1 | 2 models |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Springview Holdings LTD with Homebuilding in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
No analyst estimates are published for Springview Holdings LTD: too few analysts cover it.
Source: SEC EDGAR filings. Retrieved Invalid Date.
| Period | Revenue (TTM) |
|---|---|
| FY22 Q4 | $5.2M |
| FY23 Q4 | $9.9M |
| FY24 Q4 | $6.6M |
| FY25 Q4 | $6M |
Source: SEC EDGAR filings. Retrieved Invalid Date.
| Period | Operating margin (TTM) |
|---|---|
| FY22 Q4 | 10.0% |
| FY23 Q4 | 21.9% |
| FY24 Q4 | -12.8% |
| FY25 Q4 | -31.8% |
Source: SEC EDGAR filings. Retrieved Invalid Date.
| Period | FCF margin (TTM) |
|---|---|
| FY22 Q4 | -8.4% |
| FY23 Q4 | -10.3% |
| FY24 Q4 | -6.0% |
| FY25 Q4 | -26.1% |
| Fiscal year | 2022 Dec 2022 | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 |
|---|---|---|---|---|
| Income | ||||
| Revenue | 5,236 | 9,946 | 6,595 | 5,979 |
| Gross profit | 1,486 | 3,457 | 677 | 818 |
| EBITDA | 526 | 2,179 | −838 | −1,898 |
| Operating income | 523 | 2,176 | −841 | −1,900 |
| Net income | 448 | 1,780 | −772 | −1,802 |
| Diluted EPS | $0.02 | $0.09 | −$0.07 | −$0.16 |
| Growth (year on year) | ||||
| Revenue | — | +90.0% | −33.7% | −9.3% |
| EBITDA | — | +314.6% | −138.5% | — |
| Operating income | — | +315.8% | −138.7% | — |
| Net income | — | +297.2% | −143.4% | — |
| Diluted EPS | — | +310.6% | −175.4% | — |
| Margins | ||||
| Gross margin | 28.4% | 34.8% | 10.3% | 13.7% |
| EBITDA margin | 10.0% | 21.9% | −12.7% | −31.7% |
| Operating margin | 10.0% | 21.9% | −12.8% | −31.8% |
| Net margin | 8.6% | 17.9% | −11.7% | −30.1% |
| Free-cash-flow margin | −8.4% | −10.3% | −6.0% | −26.1% |
| Cash flow | ||||
| Cash from operations | −434 | −1,020 | −398 | −1,562 |
| Capital spending | 6 | 4 | 0 | 0 |
| Free cash flow | −439 | −1,024 | −398 | −1,562 |
| Stock-based pay | — | — | — | 908 |
| Free cash flow after stock pay | — | — | — | −2,470 |
| Balance sheet | ||||
| Cash | 260 | 529 | 2,469 | 2,961 |
| Total debt | 0 | 1,920 | 1,224 | 897 |
| Net debt (negative = net cash) | −260 | 1,390 | −1,246 | −2,064 |
| Diluted shares | 20m | 20m | 11m | 11m |
| Last 12 months unless stated | SPHL | LEGH | SDHC | LGIH | GRBK | CVCO | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $6m | $179m | $1.0bn | $1.7bn | $1.9bn | $2.4bn | $3.8bn |
| Revenue growth, last 12 months | −9.3% | −2.6% | −1.2% | −16.7% | −7.1% | 11.8% | −7.1% |
| Revenue growth, 3-year average | — | −9.0% | — | −7.7% | 3.1% | 8.0% | −0.6% |
| Revenue growth, latest quarter | — | 32.3% | 21.9% | 5.7% | −8.8% | 17.9% | −6.2% |
| Gross margin | 13.7% | 49.8% | 19.5% | 19.4% | 29.2% | 22.7% | 21.1% |
| Operating margin | −31.8% | 32.8% | — | 4.7% | 9.6% | 9.5% | 9.1% |
| Operating margin, 3-year average | — | 33.8% | — | 7.9% | 12.0% | 9.7% | 12.0% |
| Net margin | −30.1% | 28.6% | 0.6% | 3.9% | 14.2% | 7.7% | 7.2% |
| Cash from operations / revenue | −26.1% | 28.2% | 3.7% | 7.8% | 3.9% | 12.7% | 7.8% |
| Free-cash-flow margin | −26.1% | 21.5% | 3.4% | 7.7% | 3.6% | 9.7% | 7.7% |
| Free-cash-flow margin, 3-year average | — | 11.1% | 0.9% | −5.3% | 3.3% | 8.7% | 5.8% |
| Stock pay / revenue | 15.2% | −0.0% | 0.5% | 0.4% | 0.5% | 0.5% | 0.5% |
| Change in share count | 0.3% | −4.8% | — | −1.2% | −1.5% | −3.5% | −4.8% |
| Measure | Company | Peer median | Rank |
|---|---|---|---|
| Revenue growth Growth | -9.3% | -7.1% | 12 of 17 |
| Change in growth rate Growth | +24.3pp | -0.6pp | 1 of 17 |
| Gross margin Profitability | 13.7% | 22.7% | 11 of 11 |
| Operating margin Profitability | -31.8% | 9.5% | 8 of 8 |
| Net margin Profitability | -30.1% | 7.2% | 17 of 17 |
| Free-cash-flow margin Cash generation | -26.1% | 7.7% | 17 of 17 |
| Stock pay as % of revenue Cash generation | 15.2% | 0.5% | 17 of 17 |
| Long-term debt as % of assets Balance sheet | 3.4% | 17.1% | 3 of 8 |
| Change in share count Balance sheet | 0.3% | -4.8% | 16 of 16 |
Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Basecamp Wealth Advisors LLC | $710 | 0K | 93.8% | 0.0% |
| UBS Group AG | $47 | 0K | 6.2% | New |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Springview Holdings LTD's complete shareholder register. Values are as reported by the filers .
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
New research on the companies we cover arrives in the weekly email. Free, one email a week.
