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Advanced Holdings Ltd.
(SGX:BLZ)
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Rating:49Neutral
Price Target:
S$0.15
▲(9.29% Upside)
Action:Reiterated
Date:10/01/26
The score is held down primarily by weak financial performance—multi-year losses, negative margins, and recent negative operating/free cash flow—despite moderate balance-sheet leverage. Technicals are a relative bright spot with the price above key moving averages and positive momentum, but the lack of profitability (negative P/E) and no dividend support keep the overall score below average.
Positive Factors
Moderate and improving leverage
Moderate leverage gives Advanced Holdings a comparatively supportive balance-sheet position despite its weak earnings. The improvement in debt-to-equity reduces debt-related strain and preserves more financial flexibility to manage operations or pursue recovery over the next several quarters.
Negative Factors
Prolonged losses and deeply negative margins
Persistent losses across five years show that the business has not yet established a profitable operating model. Extremely negative margins in 2024 and 2025 leave limited protection against execution setbacks and make sustained earnings recovery dependent on a substantial improvement in cost and revenue economics.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate and improving leverage
Moderate leverage gives Advanced Holdings a comparatively supportive balance-sheet position despite its weak earnings. The improvement in debt-to-equity reduces debt-related strain and preserves more financial flexibility to manage operations or pursue recovery over the next several quarters.
Read all positive factors
Advanced Holdings Ltd. (BLZ) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$15.60M
Dividend YieldN/A
Average Volume (3M)1.21K
Price to Earnings (P/E)―
Beta (1Y)2.25
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. Volume0
30 Day Avg. Volume1,210
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
Positive
0.14
Price Trends
0.14
Positive
0.14
Positive
0.13
Positive
Market Momentum
<0.01
Positive
56.58
Neutral
88.99
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BLZ, the sentiment is Positive. 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 bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 56.58 is Neutral, neither overbought nor oversold. The STOCH value of 88.99 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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$383.77M | 3.40 | 41.27% | ― | 10.82% | 60.12% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
64 Neutral | S$156.93M | 7.54 | 6.94% | 1.51% | -21.24% | ― | |
49 Neutral | S$15.60M | -4.87 | -11.11% | ― | -2.43% | -22.48% | |
49 Neutral | S$109.64M | 13.46 | 31.63% | 1.71% | 0.32% | -11.53% | |
45 Neutral | S$47.30M | -5.68 | -19.12% | 2.36% | -27.23% | -980.00% |
* 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.