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Advanced Holdings Ltd.
(SGX:BLZ)
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Rating:40Underperform
Price Target:
S$0.12
▼(-12.86% Downside)
Action:Downgraded
Date:10/08/26
The score is driven primarily by weak financial performance: persistent multi-year losses and ongoing negative operating/free cash flow outweigh the benefit of moderate leverage. Technicals add risk as the stock trades below major moving averages with negative MACD, while valuation is constrained by a negative P/E and no stated dividend yield.
Positive Factors
Improving leverage
Moderate and improving leverage provides some financial flexibility despite weak earnings. Lower debt relative to equity can reduce balance-sheet pressure, limit financing strain, and leave the group better positioned to manage operations or support recovery over the coming quarters.
Negative Factors
Persistent unprofitability
Multi-year losses indicate that the business has not yet established durable earnings power. The very weak 2025 net margin means revenue recovery has not translated into profitability, limiting reinvestment capacity and making sustained financial improvement dependent on major operating gains.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving leverage
Moderate and improving leverage provides some financial flexibility despite weak earnings. Lower debt relative to equity can reduce balance-sheet pressure, limit financing strain, and leave the group better positioned to manage operations or support recovery over the coming quarters.
Read all positive factors
Advanced Holdings Ltd. (BLZ) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$12.96M
Dividend YieldN/A
Average Volume (3M)7.45K
Price to Earnings (P/E)―
Beta (1Y)2.35
Revenue Growth-2.43%
EPS Growth-22.48%
CountrySG
Employees500
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)-0.04
Shares Outstanding103,521,700
10 Day Avg. Volume18,720
30 Day Avg. Volume7,450
Financial Highlights & Ratios
PEG Ratio-0.44
Price to Book (P/B)0.48
Price to Sales (P/S)2.09
P/FCF Ratio-27.83
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
Advanced Holdings Ltd. Business Overview & Revenue Model
Company Description
Advanced Holdings Ltd., an investment holding firm founded in Singapore in 1993, focuses on designing, manufacturing, and marketing an extensive range of products and solutions for the petrochemical, oil and gas, and chemical industries. The compa...
Advanced Holdings Ltd. Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
58
Neutral
Cash Flow
35
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 91.44M | 6.28M | 4.18M | 6.92M | 13.27M | 10.15M |
| Gross Profit | 21.75M | -517.00K | -179.00K | 411.00K | 2.52M | 3.88M |
| EBITDA | -672.00K | -2.73M | -2.44M | -3.93M | -600.00K | -2.80M |
| Net Income | -2.90M | -3.20M | -2.93M | -3.58M | -6.26M | -2.34M |
Balance Sheet | ||||||
| Total Assets | 89.00M | 31.86M | 38.35M | 43.07M | 41.61M | 78.48M |
| Cash, Cash Equivalents and Short-Term Investments | 16.16M | 23.48M | 27.09M | 30.95M | 23.07M | 19.25M |
| Total Debt | 9.08M | 5.14M | 8.13M | 5.77M | 3.02M | 10.79M |
| Total Liabilities | 47.27M | 6.03M | 8.70M | 9.57M | 4.74M | 34.50M |
| Stockholders Equity | 42.65M | 27.23M | 30.35M | 33.28M | 36.79M | 43.91M |
Cash Flow | ||||||
| Free Cash Flow | -8.30M | -473.00K | -5.94M | -5.16M | 1.34M | -5.06M |
| Operating Cash Flow | -7.83M | -353.00K | -5.23M | -846.00K | 2.89M | -165.00K |
| Investing Cash Flow | -5.48M | -120.00K | -822.00K | 8.47M | 5.95M | -10.20M |
| Financing Cash Flow | -1.66M | -2.96M | 2.28M | 94.00K | -5.11M | -1.86M |
Advanced Holdings Ltd. Technical Analysis
Negative
0.14
Price Trends
0.14
Negative
0.14
Negative
0.13
Negative
Market Momentum
>-0.01
Positive
34.89
Neutral
24.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BLZ, the sentiment is Negative. The current price of 0.14 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.14, and above the 200-day MA of 0.13, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.89 is Neutral, neither overbought nor oversold. The STOCH value of 24.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:BLZ.
Advanced Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | S$342.23M | 3.26 | 41.27% | ― | 10.82% | 60.12% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
64 Neutral | S$151.26M | 7.35 | 6.94% | 1.55% | -21.24% | ― | |
49 Neutral | S$108.14M | 14.23 | 31.63% | 1.67% | 0.32% | -11.53% | |
45 Neutral | S$50.83M | -5.76 | -19.12% | 2.36% | -27.23% | -980.00% | |
40 Underperform | S$12.96M | -4.05 | -11.11% | ― | -2.43% | -22.48% |
* Energy Sector Average
SG:BLZ
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Advanced Holdings Ltd. Corporate Events
Advanced Holdings Dissolves Dormant Malaysian Subsidiary
Jul 8, 2026
Advanced Holdings Ltd. has dissolved Advanced Controls (M) Sdn Bhd, a wholly owned subsidiary that had been dormant, resulting in the entity ceasing to be part of the group. The move reflects ongoing housekeeping of the corporate structure, removi...
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.