Bukit Sembawang Estates Limited (B61) AI Stock Analysis

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Bukit Sembawang Estates Limited

(SGX:B61)

Select Model

Rating:58.6Neutral

Price Target:SGD 4.50▲(4.41% Upside)

Action:reiterated

Date:08/22/26

The overall score is weighed down by extremely poor technical momentum, with the stock in a clear downtrend and deeply oversold. This is partially offset by a strong, low-risk balance sheet and an attractive valuation with a high dividend yield. The primary risk is the negative cash flow, which, combined with weak price action, suggests the market is pricing in near-term financial strain despite underlying asset value.

Positive Factors

Sustained ProfitabilityPositive net income and year-on-year earnings growth provide an earnings base that can support reinvestment and shareholder returns, even though property development profits may fluctuate with project completion and revenue-recognition timing.

Negative Factors

Revenue VolatilityThe sharp revenue decline highlights limited earnings visibility in a project-based model, where results depend on launches, sales and completion timing. Such volatility can make sustainable growth difficult and complicate planning for investors.

Bukit Sembawang Estates Limited (B61) vs. iShares MSCI Singapore ETF (EWS)

Market Cap: SGD 1.14B
Dividend Yield: 5.00%
Average Volume (3M): 78.95K
Price to Earnings (P/E): 8.6
Beta (1Y): 0.67
Revenue Growth: -4.40%
EPS Growth: 6.33%
Country: Singapore
Employees: 27
Sector: Real Estate
Sector Strength: 65
Industry: Real Estate - Development

Bukit Sembawang Estates Limited Business Overview & Revenue Model

Company Description

Established in Singapore in 1911, Bukit Sembawang Estates Limited functions as an investment holding company with a primary involvement in property development across the city-state. Its business operations are structured into three distinct segments...

How the Company Makes Money

Bukit Sembawang Estates Limited primarily makes money through property development income from the sale of residential units it develops in Singapore. Its core revenue model is project-based: the company acquires development sites (via land purchases...

Bukit Sembawang Estates Limited Financial Statement Overview

Summary

The company demonstrates consistent profitability with improving margins, supported by a very strong balance sheet with low leverage. However, cash flow is volatile and turned deeply negative in the latest period, indicating potential liquidity risks from heavy operational investments.

Income Statement

65Positive

Balance Sheet

85Very Positive

Cash Flow

45Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	345.55M	345.55M	549.96M	561.96M	197.13M	288.23M
Gross Profit	164.62M	164.62M	131.95M	76.78M	34.11M	100.30M
EBITDA	164.39M	164.39M	142.29M	89.97M	45.70M	106.02M
Net Income	128.64M	128.64M	114.29M	70.85M	34.40M	82.92M
Balance Sheet
Total Assets	2.07B	2.07B	1.70B	1.60B	1.58B	1.67B
Cash, Cash Equivalents and Short-Term Investments	439.28M	439.28M	582.42M	452.24M	179.28M	522.18M
Total Debt	231.41M	231.41M	1.01M	650.00K	25.93M	132.11M
Total Liabilities	401.69M	401.69M	103.31M	78.73M	103.62M	191.38M
Stockholders Equity	1.67B	1.67B	1.59B	1.52B	1.47B	1.48B
Cash Flow
Free Cash Flow	-319.20M	-319.20M	173.60M	209.89M	-85.59M	99.73M
Operating Cash Flow	-319.02M	-319.02M	173.78M	210.00M	-85.12M	100.00M
Investing Cash Flow	-175.00K	-175.00K	-184.00K	-111.00K	-461.00K	-270.00K
Financing Cash Flow	176.06M	176.06M	-43.42M	-51.65M	-150.52M	-298.59M

Bukit Sembawang Estates Limited Technical Analysis

Technical Analysis SentimentPositive

Last Price4.31

Price Trends

50DMA4.38Positive

100DMA4.46Negative

200DMA4.53Negative

Market Momentum

MACD0.01Negative

RSI51.50Neutral

STOCH72.22Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:B61, the sentiment is Positive. The current price of 4.31 is below the 20-day moving average (MA) of 4.39, below the 50-day MA of 4.38, and below the 200-day MA of 4.53, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 51.50 is Neutral, neither overbought nor oversold. The STOCH value of 72.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:B61.

Bukit Sembawang Estates Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

SG:B61 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
SG:B61	59Neutral	SGD 1.14B	8.58	7.90%	5.00%	-4.40%	6.33%
SG:H13	57Neutral	SGD 1.22B	11.91	2.68%	2.75%	5.35%	-32.58%
SG:W05	54Neutral	SGD 1.09B	46.07	0.80%	2.10%	168.17%	―
SG:T24	51Neutral	SGD 336.62M	15.59	1.73%	2.64%	-8.50%	-9.57%
SG:H30	49Neutral	SGD 786.51M	19.50	1.32%	1.06%	-0.88%	20.85%
SG:5UX	43Neutral	SGD 309.11M	-6.10	-6.17%	―	-47.76%	-721.43%

* Real Estate Sector Average

Performance Comparison

SG:B61 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SG:B61	Bukit Sembawang Estates Limited	4.31	0.33	8.24%
SG:T24	Tuan Sing Holdings Limited	0.27	-0.04	-13.96%
SG:H30	Hong Fok Corporation Limited	0.94	0.20	26.68%
SG:5UX	Oxley Holdings Ltd.	0.07	-0.03	-27.27%
SG:H13	Ho Bee Land Limited	1.82	-0.31	-14.51%
SG:W05	Wing Tai Holdings Limited	1.43	0.04	2.88%

Bukit Sembawang Estates Limited Corporate Events

Bukit Sembawang outlines calibrated pricing, sales strategy and liquidity stance for landed projects

Jul 24, 2026

Bukit Sembawang Estates detailed its differentiated positioning for upcoming landed projects, highlighting that 999-year leasehold Luxus Hills Phase 10 will be priced at a premium to 99-year Pollen Collection II, which offers a lower entry point for...

Bukit Sembawang Announces Board Chairman Koh Poh Tiong’s Retirement in 2026

Jul 8, 2026

Bukit Sembawang Estates Limited has announced that director Koh Poh Tiong will retire from the board at the conclusion of the company’s annual general meeting on 31 July 2026. His departure is a voluntary move intended to facilitate board renewal and...

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.

Date of analysis: Aug 22, 2026

Bukit Sembawang Estates Limited AI Stock Analysis