GuocoLand Limited (F17) AI Stock Analysis

• Market Cap: €1.63B
• Dividend Yield: 4.08%
• Average Volume (3M): 53.84K
• Price to Earnings (P/E): 13.8
• Beta (1Y): 0.40
• Revenue Growth: -10.37%
• EPS Growth: -39.46%
• Country: SG
• Employees: 160
• Sector: Real Estate
• Sector Strength: 63
• Industry: Real Estate - Diversified
• EPS (TTM): 0.11
• Shares Outstanding: 1,183,373,300
• 10 Day Avg. Volume: 82,770
• 30 Day Avg. Volume: 53,840
• PEG Ratio: -0.17
• Price to Book (P/B): 0.39
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.81
• 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: €2.01
• Price Target Upside: 35.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: S$1.50 ▲(1.35%Upside)

GuocoLand Limited's stock score is driven primarily by strong financial performance, particularly in operational efficiency and cash flow management. Technical analysis supports a positive outlook, though caution is warranted due to potential overbought conditions. Valuation metrics are favorable, offering a balance of growth potential and dividend income.

Positive Factors

Potential Restructuring

The potential restructuring could crystallise value, with attractive valuations and the potential conversion into a 'stapled security' as a significant share price catalyst.

Property Investment

GuocoLand's property investment division is a stable growth engine with high occupancy rates and positive rental reversions.

Strategic Landbanking

Analyst is positive on GuocoLand's strategy of active landbanking in Singapore, which is expected to drive margins and earnings.

Negative Factors

Economic Risks

Key risks to the view include economic slowdown, weakness in sentiment, higher-for-longer interest rates, and regulatory risks.

GuocoLand Limited Business Overview & Revenue Model

Company Description

GuocoLand Limited (F17) is a premier regional property company based in Singapore. It operates in the real estate sector, with a primary focus on property development, property investment, hotel operations, and property management. The company is known for its integrated mixed-use developments and premium residential, commercial, retail, and hospitality properties. GuocoLand has a strong presence not only in Singapore but also in key markets such as China, Malaysia, and Vietnam.

How the Company Makes Money

GuocoLand Limited generates revenue through several key streams. The primary source of income is from the development and sale of residential and commercial properties. The company also earns significant revenue from its investment properties, which include retail and office spaces, through rental income. Additionally, GuocoLand operates in the hospitality sector, generating income from its hotel operations. The company often forms strategic partnerships and joint ventures to enhance its project portfolio and expand its market reach, which also contribute to its overall earnings.

GuocoLand Limited Financial Statement Overview

Summary

GuocoLand Limited displays a solid financial standing with strengths in operational efficiency and cash flow management. Healthy margins and strong cash flow metrics are slightly offset by a decline in revenue and modest returns on equity.

Income Statement

GuocoLand Limited's income statement shows strong gross and net profit margins with a notable gross profit margin of 24.3% and a net profit margin of 7.8% in the TTM. Although revenue declined by 3.1% in the TTM compared to the previous year, the company maintains a healthy EBIT margin of 30.3% and EBITDA margin of 21.5%, indicating robust operational efficiency. However, the decline in net income growth from prior periods suggests a need for strategic initiatives to boost revenue.

Balance Sheet

The balance sheet of GuocoLand Limited reflects a moderate debt-to-equity ratio of 1.17, indicating a balanced approach to leveraging equity and debt. The return on equity (ROE) stands at 2.9% for the TTM, which is relatively low, suggesting limited profitability relative to shareholder investments. The equity ratio is 39.7%, showcasing a stable financial structure with a firm reliance on equity financing.

Cash Flow

Cash flow analysis reveals positive trends, with a high operating cash flow to net income ratio of 6.89, suggesting strong operational cash generation. Free cash flow witnessed significant growth, with a 101.9% increase compared to the prior period, highlighting efficient cash management. However, the negative investing cash flow suggests substantial capital outlays, likely for growth and expansion purposes.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
1.76B	1.82B	1.55B	965.51M	853.73M	941.84M
	Gross Profit
428.11M	393.63M	379.83M	365.66M	268.44M	300.08M
	EBIT
534.57M	320.03M	307.95M	553.27M	300.37M	250.50M
	EBITDA
378.68M	421.92M	320.11M	568.62M	316.10M	267.72M
	Net Income Common Stockholders
137.43M	128.99M	207.09M	392.73M	169.11M	114.07M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
933.32M	984.15M	890.44M	1.08B	1.13B	933.89M
	Total Assets
11.97B	12.34B	12.01B	12.33B	11.32B	11.14B
	Total Debt
5.56B	5.27B	6.00B	5.65B	5.12B	5.27B
	Net Debt
4.62B	4.29B	5.11B	4.56B	3.99B	4.33B
	Total Liabilities
6.32B	6.75B	6.85B	7.02B	6.37B	6.38B
	Stockholders Equity
4.76B	4.33B	4.27B	4.69B	4.41B	4.26B
Cash Flow		Free Cash Flow
941.87M	466.60M	440.03M	-29.68M	384.88M	-734.32M
	Operating Cash Flow
946.52M	471.51M	442.67M	-28.76M	388.16M	-731.87M
	Investing Cash Flow
-44.41M	-259.81M	-132.93M	-322.04M	213.38M	237.96M
	Financing Cash Flow
-987.65M	-116.71M	-452.06M	308.47M	-422.94M	605.23M

GuocoLand Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.48
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:F17, the sentiment is Positive. The current price of 1.48 is above the 20-day moving average (MA) of 1.44, above the 50-day MA of 1.43, and above the 200-day MA of 1.46, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 67.08 is Neutral, neither overbought nor oversold. The STOCH value of 83.07 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:F17.

GuocoLand Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
O39	79 Outperform	$73.12B	9.73	13.78%	10.50%	10.17%	8.01%
F17	74 Outperform	€1.63B	13.76	2.74%	4.08%	-10.37%	-39.46%
U14	72 Outperform	S$5.22B	14.58	3.19%	2.90%	4.22%	-49.39%
S58	63 Neutral	S$4.67B	19.19	9.89%	1.91%	60.52%	―
Sector *	61 Neutral	$2.86B	10.96	0.41%	6.08%	5.73%	-21.25%

GuocoLand Limited Corporate Events

GuocoLand Malaysia Reports Q3 2025 Financial Results

GuocoLand Limited’s Malaysian subsidiary reported its financial results for the third quarter ending March 31, 2025. The company experienced a slight decrease in revenue compared to the previous year, with MYR 88.426 million in the current quarter versus MYR 88.967 million in the same quarter last year. Despite the revenue drop, the company saw an increase in profit before tax, reaching MYR 3.915 million compared to MYR 3.125 million in the previous year. However, the profit for the period decreased to MYR 1.798 million from MYR 3.185 million. The basic earnings per share also saw a decline, and no dividends were declared for the period.

Tower REIT Reports Strong Profit Growth Despite Revenue Dip in Q3 2025

Tower Real Estate Investment Trust, a player in the real estate investment sector, reported its financial results for the third quarter ending March 31, 2025. The company saw a slight decrease in revenue compared to the previous year, but significantly increased its profit before tax, indicating improved operational efficiency. The profit for the period and earnings per share also showed notable growth, reflecting a positive trend in the company’s financial health. However, the net assets per share decreased slightly, which may be a point of concern for stakeholders.

GuocoLand Limited Announces Liquidation of Dormant Subsidiary

GuocoLand Limited has announced the voluntary liquidation of its dormant subsidiary, GLL EWI (HK) Limited. This move is not expected to materially impact the company’s net tangible assets or earnings per share for the financial year ending June 30, 2025, and no directors or controlling shareholders have any interest in the liquidation.

GuocoLand Appoints New Managing Director for China Operations

GuocoLand Limited has appointed Mr. Kevin Zhou Yun Peng as the new Managing Director of GuocoLand China, effective 25 March 2025. With nearly 20 years of experience in China’s real estate market, Mr. Zhou’s expertise is expected to enhance GuocoLand’s strategic positioning and operations in China, following the retirement of Mr. Peter Lee Wai Mun.