Ellipsiz Ltd (BIX) AI Stock Analysis

Ellipsiz Ltd

(SGX:BIX)

Select Model

Rating:51Neutral

Price Target:SGD 0.24▼(-5.60% Downside)

Action:reiterated

Date:09/06/26

The overall score is constrained by a disconnect between a strong balance sheet and weak operational performance. The primary risk is a dangerously high P/E ratio and negative cash flows, which overshadow the company's low debt and steady technical uptrend. The anomalous dividend yield is not supported by fundamentals.

Positive Factors

Conservatively financed balance sheetVery low leverage gives Ellipsiz financial flexibility through industry cycles and reduces near-term refinancing pressure. The conservative capital structure can support continued investment or help absorb operating volatility without relying heavily on additional borrowing.

Negative Factors

Material margin compressionThe sharp deterioration in gross, operating, and net margins indicates that recent revenue growth is converting less effectively into profit. Continued cost or pricing pressure could limit earnings resilience and make future results more sensitive to changes in business conditions.

Ellipsiz Ltd (BIX) vs. iShares MSCI Singapore ETF (EWS)

Market Cap: SGD 41.43M
Dividend Yield: 24.00%
Average Volume (3M): 18.26K
Price to Earnings (P/E): 21.3
Beta (1Y): 0.55
Revenue Growth: 23.86%
EPS Growth: 48.72%
Country: Singapore
Employees: 120
Sector: Technology
Sector Strength: 61
Industry: Semiconductors

Ellipsiz Ltd Business Overview & Revenue Model

Company Description

Ellipsiz Ltd is an investment holding company with a varied operational scope. It primarily supplies manufacturing, testing, and inspection/measurement tools to the semiconductor, electronics production, and telecommunications industries. The company...

Ellipsiz Ltd Financial Statement Overview

Summary

Financial performance is mixed. The balance sheet is a fortress with a 0.03 debt-to-equity ratio, but this is offset by razor-thin net margins of 2.7% and deeply negative free cash flow of -S$3.0M, indicating poor cash conversion and earnings quality.

Income Statement

45Neutral

Balance Sheet

82Very Positive

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	67.97M	71.54M	57.76M	55.06M	59.14M	55.59M
Gross Profit	12.74M	12.77M	12.24M	11.56M	11.67M	12.15M
EBITDA	1.38M	1.35M	3.45M	-3.36M	2.61M	5.06M
Net Income	1.34M	1.93M	3.63M	-3.84M	2.05M	2.75M
Balance Sheet
Total Assets	139.16M	139.16M	131.24M	125.97M	140.52M	143.89M
Cash, Cash Equivalents and Short-Term Investments	54.19M	54.19M	52.21M	54.87M	55.19M	61.68M
Total Debt	2.89M	2.89M	2.78M	922.00K	932.00K	1.00M
Total Liabilities	22.79M	22.79M	29.56M	16.23M	20.79M	22.23M
Stockholders Equity	98.89M	98.89M	94.36M	99.30M	107.17M	113.64M
Cash Flow
Free Cash Flow	-5.44M	-3.01M	-3.50M	-69.00K	-518.00K	3.83M
Operating Cash Flow	-2.93M	-2.50M	1.66M	151.00K	371.00K	4.38M
Investing Cash Flow	2.04M	3.68M	-1.87M	2.02M	-9.46M	-3.45M
Financing Cash Flow	-1.56M	806.00K	-2.55M	-2.42M	3.02M	-3.61M

Ellipsiz Ltd Technical Analysis

Technical Analysis SentimentNegative

Last Price0.25

Price Trends

50DMA0.27Negative

100DMA0.27Negative

200DMA0.26Negative

Market Momentum

MACD-0.01Positive

RSI44.80Neutral

STOCH62.96Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BIX, the sentiment is Negative. The current price of 0.25 is below the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.27, and below the 200-day MA of 0.26, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 44.80 is Neutral, neither overbought nor oversold. The STOCH value of 62.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:BIX.

Ellipsiz Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

SG:BIX against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SG:558	72Outperform	SGD 1.89B	30.78	12.58%	2.39%	9.88%	33.33%
SG:5DD	72Outperform	SGD 351.75M	18.35	33.93%	2.37%	26.44%	53.56%
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SG:AWX	57Neutral	SGD 2.38B	52.46	8.82%	0.50%	14.91%	226.44%
SG:E28	55Neutral	SGD 951.86M	22.38	7.99%	1.37%	1.00%	-1.32%
SG:BIX	51Neutral	SGD 41.67M	21.26	1.99%	24.00%	23.86%	48.72%

* Technology Sector Average

Performance Comparison

SG:BIX and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SG:BIX	Ellipsiz Ltd	0.25	-0.01	-3.85%
SG:5DD	Micro-Mechanics (Holdings)	2.53	0.80	46.58%
SG:558	Ums Integration Limited	2.01	0.80	66.12%
SG:AWX	AEM Holdings Ltd.	7.45	5.57	295.86%
SG:BDR	Willas-Array Electronics (Holdings) Limited	0.40	-0.64	-61.54%
SG:E28	Frencken Group Limited	2.01	0.35	20.87%

Ellipsiz Ltd Corporate Events

Ellipsiz-Backed DoMo Farm Breaks Ground as Singapore’s Smartest Egg Producer

Sep 29, 2026

Ellipsiz subsidiary ISE Foods Holdings has broken ground on DoMo Farm, Singapore’s fourth and technologically most advanced egg farm in Lim Chu Kang. The high-tech facility is designed to house up to 1.8 million hens and produce more than 500 m...

Ellipsiz Subsidiary to Break Ground on Singapore’s Fourth Egg Farm

Aug 26, 2026

Ellipsiz Ltd’s subsidiary, ISE Foods Holdings Pte. Ltd., is advancing its commercial egg farming operations in Singapore, underscoring the group’s move into agriculture-related businesses and food production. The company announced it will...

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: Sep 06, 2026

Ellipsiz Ltd AI Stock Analysis