TipRanks
Go Ultimate55% OFF

CSC Holdings Limited (C06) AI Stock Analysis

SG:C06

CSC Holdings Limited

(SGX:C06)

Select Model
Rating:50Neutral
Price Target:SGD 0.01▲(0.00% Upside)
Action:reiterated
Date:10/06/26

The overall score is constrained by weak profitability and high leverage, despite strong revenue growth and cash flow. Technicals are bearish, and while the dividend yield offers some appeal, the low share price and negative momentum present significant risks. The company is in early-stage recovery but lacks stability.

Positive Factors
Revenue GrowthThree consecutive years of revenue growth, including an 18.5% increase in 2026, indicate sustained expansion rather than a single-period improvement. Continued top-line momentum can support operating scale, strengthen market presence, and provide a foundation for rebuilding profitability over the next several quarters.
Negative Factors
Elevated LeverageDebt materially exceeds equity, with debt-to-equity near 1.7 and total debt remaining high into 2026. This structure increases sensitivity to earnings fluctuations and financing conditions, while interest and refinancing demands can restrict investment capacity and reduce resilience during weaker project periods.

CSC Holdings Limited (C06) vs. iShares MSCI Singapore ETF (EWS)

-40%-30%-20%-10%0%10%20%30%SG:C06-37.50%EWS+12.23%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
SGD 34.78M
Dividend Yield
3.70%
Average Volume (3M)
679.79K
Price to Earnings (P/E)
15.4
Beta (1Y)
-0.22
Revenue Growth
18.53%
EPS Growth
60.00%
Country
Singapore
Employees
1,500
Sector
Industrials
Sector Strength
63
Industry
Engineering & Construction

CSC Holdings Limited Business Overview & Revenue Model

Company Description

CSC Holdings Limited, an investment holding company, provides foundation and geotechnical, and ground engineering solutions in Singapore, Malaysia, India, Thailand, the Philippines, Vietnam, and internationally. It operates through two segments: Foun...

CSC Holdings Limited Financial Statement Overview

Summary

Mixed financial profile: strong revenue growth (+18.5%) and robust cash flow generation (FCF +725%) are offset by very thin margins (net margin 0.7%) and high leverage (D/E 1.59). The income statement and balance sheet scores are low, while cash flow is strong, resulting in a below-average composite score.

Income Statement

48Neutral

Balance Sheet

42Neutral

Cash Flow

68Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue400.40M400.40M337.81M305.34M264.60M268.74M
Gross Profit33.78M33.78M35.38M14.28M6.29M27.72M
EBITDA30.69M30.69M31.85M10.65M4.06M34.24M
Net Income2.69M2.69M1.88M-20.16M-26.68M661.00K
Balance Sheet
Total Assets394.21M394.21M396.30M372.32M382.62M344.10M
Cash, Cash Equivalents and Short-Term Investments22.04M22.04M19.05M18.81M22.80M34.36M
Total Debt131.96M131.96M139.17M136.96M136.69M95.02M
Total Liabilities285.23M285.23M288.94M267.01M258.26M198.54M
Stockholders Equity82.92M82.92M81.27M80.23M99.05M119.86M
Cash Flow
Free Cash Flow29.80M23.63M2.86M9.31M-4.37M3.60M
Operating Cash Flow43.91M37.74M12.04M17.44M5.15M18.25M
Investing Cash Flow-10.94M-10.94M-3.69M-7.27M-5.75M-12.39M
Financing Cash Flow-29.60M-23.73M-7.92M-10.90M-12.42M-5.66M

CSC Holdings Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.01

Price Trends

50DMA0.01Negative
100DMA0.01Negative
200DMA0.01Negative

Market Momentum

MACD-0.00Negative
RSI42.91Neutral
STOCH-0.00Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:C06, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 42.91 is Neutral, neither overbought nor oversold. The STOCH value of -0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:C06.

CSC Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

SG:C06 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
SG:J2TSG:J2T62NeutralSGD 138.27M8.115.90%4.17%-28.51%-325.38%
SG:ER0SG:ER061NeutralSGD 149.30M22.082.37%5.66%-17.98%―
SG:C06SG:C0650NeutralSGD 35.68M15.413.28%3.70%18.53%60.00%

* Industrials Sector Average

Performance Comparison

0%50%SG:C06SG:ER0SG:5CFSG:BFISG:J2TSG:K75Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
SG:C06 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
SG:C06CSC Holdings Limited0.01-0.01-41.18%
SG:ER0KSH Holdings Limited0.27-0.12-31.35%
SG:5CFOKP Holdings Limited0.610.058.35%
SG:BFITiong Seng Holdings Limited0.06-0.02-25.00%
SG:J2THock Lian Seng Holdings Limited0.27-0.16-37.50%
SG:K75Koh Brothers Group Limited0.19-0.10-33.68%

CSC Holdings Limited Corporate Events

CSC Holdings Raises S$7.64m via Fully Subscribed SDAX Commercial Papers

Sep 16, 2026

CSC Holdings Limited has successfully closed and fully subscribed two new tranches of digital commercial papers on the SDAX platform, raising a total of S$7.64 million in gross proceeds. The issuances comprise a 3-month Series 012 raising S$2.74 mill...

CSC Holdings taps SDAX again with new short-term digital paper

Sep 2, 2026

CSC Holdings Limited has launched its twelfth series of 3-month commercial paper and tenth series of 6-month commercial paper as digital securities on the SDAX platform, continuing its use of tokenised instruments for short-term funding. The 3-month...

CSC Holdings Raises S$3.63 Million in Strongly Subscribed SDAX Digital Commercial Paper

Aug 13, 2026

CSC Holdings Limited has successfully closed its six-month Series 009 commercial paper issuance in the form of digital securities listed on the SDAX platform, raising S$3.63 million in gross proceeds after strong investor demand. The securities 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: Oct 06, 2026