Baker Technology Limited (BTP) AI Stock Analysis

• Market Cap: S$108.54M
• Dividend Yield: 3.74%
• Average Volume (3M): 21.41K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.45
• Revenue Growth: -40.02%
• EPS Growth: -176.13%
• Country: SG
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): -0.09
• Shares Outstanding: 202,877,940
• 10 Day Avg. Volume: 25,720
• 30 Day Avg. Volume: 21,413
• PEG Ratio: 0.06
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 1.34
• P/FCF Ratio: 3.70
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: S$0.50 ▼(-7.41% Downside)

Baker Technology Limited's overall stock score is primarily impacted by its financial performance challenges, including declining revenue and profitability. Technical analysis shows neutral indicators, while valuation is affected by a negative P/E ratio. The dividend yield offers some support, but the company needs to address operational inefficiencies to improve its financial health.

Baker Technology Limited Business Overview & Revenue Model

Company Description

Baker Technology Limited (BTP) is a leading provider of engineering and technology solutions primarily focused on the oil and gas sector. The company specializes in the design and manufacture of advanced equipment and systems used in drilling, production, and subsea operations. With a commitment to innovation, BTP leverages cutting-edge technology to enhance operational efficiency and safety for its clients, catering to both onshore and offshore projects.

How the Company Makes Money

Baker Technology Limited generates revenue through multiple streams, primarily from the sale of its specialized equipment and systems to oil and gas companies. Key revenue sources include the manufacturing of drilling and production equipment, subsea technologies, and the provision of engineering services tailored to client needs. Additionally, the company earns income through maintenance contracts and after-sales support services, ensuring ongoing client relationships and repeat business. Significant partnerships with major oil and gas operators further enhance its market position and revenue potential, as these collaborations often lead to long-term contracts and joint ventures that create additional income opportunities.

Baker Technology Limited Financial Statement Overview

Summary

Baker Technology Limited's financial performance in 2024 was strong, with robust profitability and efficient operations. The company maintained a low debt-to-equity ratio, indicating financial stability, and demonstrated strong cash-generating ability.

Income Statement

Baker Technology Limited demonstrated a robust performance in 2024, with a significant increase in net income and EBIT. The company achieved a net profit margin of 19.73% and a gross profit margin of 38.89%, showing strong profitability. Revenue growth from 2023 was modest at 0.66%, indicating stability in revenue generation. The EBIT and EBITDA margins were healthy at 14.42% and 28.62%, respectively, showcasing efficient operations and cost management.

Balance Sheet

The company maintained a strong balance sheet with a debt-to-equity ratio of 0.06, indicating low leverage and financial risk. The return on equity was impressive at 7.72%, reflecting effective utilization of shareholder funds. The equity ratio stood at 80.28%, highlighting solid capital structure and financial stability.

Cash Flow

Cash flow analysis shows a positive trend in free cash flow with a growth rate of 28.08% from 2023 to 2024. The operating cash flow to net income ratio was 2.17, indicating strong cash-generating ability relative to net earnings. Free cash flow to net income ratio was 1.84, suggesting efficient cash management and investment capacity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	62.63M	92.02M	91.42M	98.50M	69.50M	63.16M
Gross Profit	16.29M	35.79M	28.04M	31.81M	18.18M	8.83M
EBITDA	7.77M	35.04M	17.83M	25.65M	17.94M	-7.59M
Net Income	-12.30M	18.17M	8.29M	13.40M	5.89M	-13.80M
Balance Sheet
Total Assets	269.98M	293.18M	279.45M	271.74M	266.25M	263.50M
Cash, Cash Equivalents and Short-Term Investments	101.95M	114.58M	90.25M	73.20M	59.76M	44.32M
Total Debt	13.23M	14.19M	16.18M	11.28M	15.08M	17.56M
Total Liabilities	28.32M	32.14M	36.86M	29.74M	33.80M	35.81M
Stockholders Equity	210.26M	235.33M	218.61M	212.86M	201.09M	194.05M
Cash Flow
Free Cash Flow	6.17M	33.47M	26.13M	18.05M	9.38M	-4.05M
Operating Cash Flow	12.51M	39.43M	29.59M	19.20M	11.67M	2.61M
Investing Cash Flow	13.19M	-10.26M	-8.38M	-1.77M	5.15M	-2.95M
Financing Cash Flow	-1.31M	-5.08M	-4.26M	-4.81M	-2.48M	478.00K

Baker Technology Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.54
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BTP, the sentiment is Negative. The current price of 0.54 is below the 20-day moving average (MA) of 0.54, below the 50-day MA of 0.54, and below the 200-day MA of 0.56, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 46.47 is Neutral, neither overbought nor oversold. The STOCH value of 38.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:BTP.

Baker Technology Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
5G2	59 Neutral	S$62.83M	35.60	3.36%	2.39%	18.61%	―
BTP	51 Neutral	S$108.54M	―	-5.60%	3.74%	-40.02%	-176.13%

Baker Technology Limited Corporate Events

Baker Technology Limited Enhances Investment Portfolio

Baker Technology Limited announced an increase in its aggregate cost of quoted investments from S$6,753,000 to S$12,410,000, which now represents 5.1% of its latest audited net tangible assets as of December 2023. This strategic move reflects the company’s ongoing efforts to strengthen its investment portfolio, potentially impacting its financial stability and market positioning positively.

The most recent analyst rating on (SG:BTP) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on Baker Technology Limited stock, see the SG:BTP Stock Forecast page.