Sing Holdings Ltd. (5IC) AI Stock Analysis

• Market Cap: S$182.45M
• Dividend Yield: 2.17%
• Average Volume (3M): 179.04K
• Price to Earnings (P/E): 15.6
• Beta (1Y): 0.18
• Revenue Growth: 118.91%
• EPS Growth: 50.78%
• Country: SG
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.01
• Shares Outstanding: 400,994,660
• 10 Day Avg. Volume: 118,520
• 30 Day Avg. Volume: 179,043
• PEG Ratio: 0.60
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 8.84
• P/FCF Ratio: 2.72
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 73 Outperform
• Price Target: S$0.50 ▲(8.70% Upside)

Sing Holdings Ltd. scores well due to strong financial performance and positive technical analysis indicators. The company's robust revenue growth and effective cash flow management are significant strengths. However, the valuation is only moderate, and there is room for improvement in operational efficiency and return on equity.

Sing Holdings Ltd. Business Overview & Revenue Model

Company Description

Sing Holdings Ltd. (5IC) is a Singapore-based investment holding company primarily engaged in the property development sector. The company focuses on residential and commercial real estate developments, as well as property investment and management. Through its subsidiaries, Sing Holdings is involved in acquiring land, developing properties, and subsequently selling or leasing them to generate revenue. The firm is known for its commitment to quality and sustainable development in its projects, which include both high-rise condominiums and commercial properties.

How the Company Makes Money

Sing Holdings generates revenue primarily through the sale of residential and commercial properties developed under its portfolio. The company engages in property development projects, where it acquires land, constructs buildings, and sells the units to homebuyers or investors. Additionally, it earns rental income from leasing its commercial properties. The company's revenue model is bolstered by strategic partnerships with contractors and architects, which facilitate efficient project execution. Furthermore, the company benefits from favorable market conditions in Singapore's real estate sector, including demand for high-quality residential units and commercial spaces. Key revenue streams include property sales, rental income, and potential capital gains from the appreciation of its real estate holdings.

Sing Holdings Ltd. Financial Statement Overview

Summary

Sing Holdings Ltd. demonstrates a mixed financial profile with recent improvements in profitability and cash flow. Revenue and cash reserves have increased, but operational profitability remains a challenge. High leverage poses risks despite a stable equity base.

Income Statement

Sing Holdings Ltd. has experienced volatility in its revenue and profitability over the years. Recent data shows a sharp increase in revenue from 2023 to 2024, however, this follows a significant decline in previous years. The gross profit margin has improved, but EBIT is zero, reflecting operational challenges. The net profit margin has improved, indicating better cost management or other income sources.

Balance Sheet

The company's balance sheet shows a stable equity base with a slight increase over the years. The debt-to-equity ratio is high, indicating significant leverage, which poses potential risks. However, the equity ratio is relatively strong, and cash reserves have been increasing, providing some financial stability.

Cash Flow

Sing Holdings Ltd. has shown improvement in free cash flow, turning positive in 2024 after negative results in previous years. The operating cash flow to net income ratio is strong, suggesting effective cash management. However, the company has experienced volatility in cash flows historically, which could impact future financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	18.17M	14.97M	5.83M	62.01M	121.73M	173.10M
Gross Profit	12.18M	10.68M	-1.27M	21.16M	28.79M	49.85M
EBITDA	6.69M	12.28M	13.73M	16.02M	22.17M	37.83M
Net Income	11.65M	9.78M	7.97M	10.84M	9.83M	16.56M
Balance Sheet
Total Assets	869.18M	875.16M	770.20M	737.56M	894.62M	553.62M
Cash, Cash Equivalents and Short-Term Investments	78.20M	72.42M	83.15M	102.43M	16.76M	34.72M
Total Debt	199.11M	254.22M	294.57M	294.77M	478.28M	159.59M
Total Liabilities	545.08M	550.17M	445.85M	411.55M	535.11M	202.86M
Stockholders Equity	317.20M	318.11M	317.53M	314.98M	314.25M	311.40M
Cash Flow
Free Cash Flow	97.58M	48.62M	-3.68M	310.62M	-332.35M	-53.20M
Operating Cash Flow	98.02M	49.04M	-3.02M	314.72M	-332.34M	-53.19M
Investing Cash Flow	-70.00K	-168.00K	-272.00K	-3.79M	223.00K	-395.00K
Financing Cash Flow	-99.37M	-44.37M	-15.95M	-225.25M	314.40M	33.65M

Sing Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.46
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:5IC, the sentiment is Positive. The current price of 0.46 is below the 20-day moving average (MA) of 0.46, above the 50-day MA of 0.44, and above the 200-day MA of 0.37, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 64.66 is Neutral, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:5IC.

Sing Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5IC	73 Outperform	S$182.45M	15.64	3.68%	2.17%	118.91%	50.78%
O10	73 Outperform	S$603.86M	9.97	4.51%	3.20%	-2.21%	-20.80%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
A30	62 Neutral	S$225.56M	11.22	7.26%	―	26.74%	―
5JK	55 Neutral	S$251.75M	22.96	1.53%	0.47%	21.91%	82.03%