---
title: "First Resources Limited (EB5.SG)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/EB5.SG.md"
symbol: "EB5.SG"
name: "First Resources Limited"
industry: "Agricultural Products and Services"
datetime: "2026-04-16T08:48:27.823Z"
locales:
  - [en](https://longbridge.com/en/quote/EB5.SG.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/EB5.SG.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/EB5.SG.md)
---

# First Resources Limited (EB5.SG)

## Company Overview

First Resources Limited, an investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, Malaysia, and internationally. The company operates in two segments, Plantations and Palm Oil Mills, and Refinery and Processing. It is involved in cultivation and maintenance of oil palm plantations, and operation of palm oil mills. The company also engages in harvesting and milling fresh fruit bunches into crude palm oil (CPO) and palm kernel (PK) products; and processing CPO and PK into higher value palm-based products, such as biodiesel; refined, bleached, and deodorized (RBD) olein; RBD stearin; RBD palm oil; palm fatty acid distillate; crude glycerin; and palm kernel oil and expeller.

| Item | Detail |
|------|--------|
| Industry | Agricultural Products and Services |
| Exchange | SG Market |
| Website | [www.first-resources.com](https://www.first-resources.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-04-16T04:30:15.000Z

**Overall: B (0.27)**

**Industry**: Agricultural Products and Services

| Metric | Value |
|--------|-------|
| Industry Ranking | 1 / 8 |
| Industry Median | B |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 55.04% |  |
| Net Profit YoY | 39.61% |  |
| P/B Ratio | 2.23 |  |
| Dividend Ratio | 3.79% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 4410424073.36 |  |
| Revenue | 2153468222.93 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 24.33% | A |
| Profit Margin | 21.31% | A |
| Gross Margin | 41.53% | B |
| Revenue YoY | 55.04% | A |
| Net Profit YoY | 39.61% | B |
| Total Assets YoY | 39.91% | A |
| Net Assets YoY | 5.84% | C |
| Cash Flow Margin | 80.94% | C |
| OCF YoY | 55.04% | A |
| Turnover | 0.69 | B |
| Gearing Ratio | 42.35% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - First Resources Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "55.04%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "39.61%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.23",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "3.79%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "4410424073.36",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2153468222.93",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "24.33%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "21.31%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "41.53%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "55.04%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "39.61%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "39.91%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "5.84%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "80.94%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "55.04%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "0.69",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "42.35%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 9.61 | 3/8 | 8.63 | 7.40 | 6.84 |
| PB | 2.23 | 7/8 | 1.82 | 1.50 | 1.24 |
| PS (TTM) | 2.05 | 5/8 | 1.97 | 1.74 | 1.61 |
| Dividend Yield | 3.79% | 3/8 | 6.76% | 5.47% | 4.78% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | First Resources (EB5.SG) | A | A | B | C | B | B |
| 02 | Golden Agri-Res (E5H.SG) | C | B | A | C | B | B |
| 03 | Bumitama Agri (P8Z.SG) | B | C | A | B | B | B |
| 04 | TSH Resources (TSH.SG) | B | C | C | A | B | B |
| 05 | Kencana Agri (BNE.SG) | B | B | B | E | A | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-03-19T16:00:00.000Z

Total Analysts: **7**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 6 | 86% |
| Overweight | 1 | 14% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 2.83 |
| Highest Target | 3.00 |
| Lowest Target | 2.04 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/EB5.SG/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/EB5.SG/norm.md)
- [Related News](https://longbridge.com/en/quote/EB5.SG/news.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**