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Strong market tailwinds are driving greater indocyanine green (ICG) penetration across both established and emerging procedures. UltraGreen.ai (SGX:ULG) is expanding from a dye plus hardware business to an integrated, full-stack ICG platform. Future growth initiatives focused on acquisitions could boost its supply chain resilience.
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
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UltraGreen's share price is currently trading at FY26e forward P/E of 15.2x and EV/EBITDA of 16x. Our forecasted 2-year earnings CAGR is 18.6%. UltraGreen.ai has a net cash position of US$176.1mil.
Investment Thesis
Deeper ICG penetration across established and emerging surgical procedures.
- Read more at SGinvestors.io.
Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.
Hashim Osman Phillip Securities Research | https://www.poems.com.sg/ 2026-06-29
Price targets by 2 other brokers at UltraGreen Target Prices.
Listing of research reports at UltraGreen Analyst Reports.
Relevant links:
UltraGreen Share Price History,
UltraGreen Announcements,
UltraGreen Dividend Payout Dates & Corporate Actions,
UltraGreen News
