Want to see SG:42N full AI Analyst Report?
Top Page
IPS Securex Holdings
(SGX:42N)
Select Model
Select Model
Rating:55Neutral
Price Target:
S$0.03
▼(-10.00% Downside)
Action:Reiterated
Date:09/24/26
The score is driven primarily by improving FY2026 operating performance and a conservatively levered balance sheet, but it is held back by sustained negative operating/free cash flow and earnings volatility. Technicals are mildly supportive, while valuation is a clear headwind due to the high P/E and lack of dividend data.
Positive Factors
Revenue and Profit Recovery
FY2026's ~29% revenue rebound, accompanied by higher gross profit and a return to modest net profit, indicates improved commercial traction and operating recovery. If sustained, this combination can rebuild earnings capacity and provide a stronger base for investment over the next several quarters.
Negative Factors
Persistent Cash Burn
Negative operating cash flow in FY2025 and FY2026, together with negative free cash flow through FY2024–FY2026, shows that accounting recovery has not yet translated into cash. Persistent cash consumption could increase funding needs and restrict the company's ability to reinvest independently.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Profit Recovery
FY2026's ~29% revenue rebound, accompanied by higher gross profit and a return to modest net profit, indicates improved commercial traction and operating recovery. If sustained, this combination can rebuild earnings capacity and provide a stronger base for investment over the next several quarters.
Read all positive factors
IPS Securex Holdings (42N) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$12.61M
Dividend YieldN/A
Average Volume (3M)480.85K
Price to Earnings (P/E)43.3
Beta (1Y)0.60
Revenue Growth83.79%
EPS GrowthN/A
CountrySG
Employees57
SectorGeneral
Sector StrengthN/A
IndustrySecurity & Protection Services
Share Statistics
EPS (TTM)<0.01
Shares Outstanding486,000,000
10 Day Avg. Volume1,237,170
30 Day Avg. Volume480,850
Financial Highlights & Ratios
PEG Ratio-0.43
Price to Book (P/B)2.31
Price to Sales (P/S)0.65
P/FCF Ratio-25.72
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IPS Securex Holdings Business Overview & Revenue Model
Company Description
Established in Singapore in 1986 as a subsidiary of IPS Technologies Pte. Ltd., IPS Securex Holdings Limited specializes in providing integrated security solutions and products. The company caters to a broad clientele, including commercial enterpr...
IPS Securex Holdings Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
76
Positive
Cash Flow
34
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 20.74M | 11.28M | 13.69M | 11.54M | 15.77M |
| Gross Profit | 7.29M | 4.14M | 5.78M | 3.68M | 5.77M |
| EBITDA | 714.71K | -1.31M | 312.65K | -1.82M | 907.75K |
| Net Income | 317.40K | -1.48M | 103.64K | -2.01M | 263.45K |
Balance Sheet | |||||
| Total Assets | 14.88M | 9.27M | 11.99M | 12.67M | 16.94M |
| Cash, Cash Equivalents and Short-Term Investments | 2.73M | 2.17M | 3.07M | 6.96M | 8.37M |
| Total Debt | 348.18K | 139.59K | 1.42M | 2.59M | 3.84M |
| Total Liabilities | 9.00M | 3.71M | 4.95M | 5.74M | 7.99M |
| Stockholders Equity | 5.88M | 5.56M | 7.03M | 6.93M | 8.94M |
Cash Flow | |||||
| Free Cash Flow | -527.92K | -508.37K | -3.09M | 1.12M | 751.33K |
| Operating Cash Flow | -104.80K | -363.94K | -3.04M | 1.47M | 846.08K |
| Investing Cash Flow | -423.12K | -142.73K | -52.22K | -341.39K | -11.58K |
| Financing Cash Flow | 1.09M | -353.66K | -786.05K | -2.53M | 879.77K |
IPS Securex Holdings Technical Analysis
Positive
0.03
Price Trends
0.03
Positive
0.03
Positive
0.03
Negative
Market Momentum
<0.01
Positive
59.66
Neutral
80.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:42N, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 59.66 is Neutral, neither overbought nor oversold. The STOCH value of 80.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:42N.
IPS Securex Holdings Peers Comparison
UnderperformOutperform
Sector (55)
SG:42N
IPS Securex Holdings
0.03
<0.01
30.00%
SG:43B
Secura Group Ltd.
0.06
>-0.01
-9.86%
SG:5HV
Koh Brothers Eco Engineering Limited
0.08
>-0.01
-7.23%
SG:5WF
ISOTeam Ltd
0.06
-0.03
-29.76%
SG:BN4
Keppel Corporation Limited
11.02
2.16
24.35%
SG:53W
Attika Group Ltd.
0.22
0.05
32.72%
IPS Securex Holdings Corporate Events
IPS Securex unit wins S$1 million data-centre security contract
Jul 28, 2026
IPS Securex Holdings’ wholly-owned subsidiary Securex GS Pte. Ltd. has secured a contract worth approximately S$1 million to install, test, commission and maintain an access control and video surveillance management system at a data centre. ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.