Ho Bee Land Limited AI Stock Analysis
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Ho Bee Land Limited (H13) AI Stock Analysis
Ho Bee Land Limited
(SGX:H13)
Ho Bee Land scores in the middle of the range. The financial profile is the dominant factor: a solid, deleveraging balance sheet and strong free cash flow generation are offset by a low return on equity below 3%, heavy interest costs and earnings that swing with property revaluations. Technicals are the main drag, with the price trading below all key moving averages and a negative MACD signalling a persistent downtrend, although the low beta limits volatility. Valuation offers some support, with a modest P/E of 12.1 and a 2.7% dividend yield. Earnings call and corporate event components were excluded as no data was provided, with their weight redistributed across the remaining factors.
Ho Bee Land Limited (H13) vs. iShares MSCI Singapore ETF (EWS)
- Market Cap
- SGD 1.23B
- Dividend Yield
- 2.72%
- Average Volume (3M)
- 70.64K
- Price to Earnings (P/E)
- 12.0
- Beta (1Y)
- 0.54
- Revenue Growth
- 5.35%
- EPS Growth
- -32.58%
- Country
- Singapore
- Employees
- 250
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Diversified
Ho Bee Land Limited Business Overview & Revenue Model
Company Description
Established in 1987, Ho Bee Land Limited operates as a real estate firm. Since its listing on the Singapore Exchange Mainboard in 1999, the company has expanded its presence internationally, with interests across Australia, China, the United Kingdom,...
How the Company Makes Money
Ho Bee Land Limited makes money primarily through its real estate activities. Key revenue streams typically include: (1) Property development income, where the company develops residential or commercial properties and recognizes revenue and profit up...
Ho Bee Land Limited Financial Statement Overview
Summary
A blend of the Income Statement (56), Balance Sheet (62) and Cash Flow (63) scores points to a financially stable but modestly returning landlord. Strengths include high operating margins near 58-59% from recurring rental income, strong free cash flow of about S$239 million on a TTM basis with full conversion of earnings into cash, and disciplined deleveraging that cut total debt from roughly S$3.42 billion in 2022 to about S$2.52 billion, lowering debt-to-equity to around 0.66. Weaknesses are notable: return on equity is thin at roughly 2.7%, interest costs absorb most of the gap between S$335 million operating profit and S$102 million net profit, revenue and earnings are lumpy (a S$260 million loss in 2023 followed by modest profits), and equity remains exposed to further property revaluation swings.
Income Statement
56NeutralBalance Sheet
62PositiveCash Flow
63Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 499.56M | 440.05M | 528.04M | 444.87M | 435.62M | 347.69M |
| Gross Profit | 499.56M | 261.46M | 288.14M | 284.51M | 289.18M | 225.03M |
| EBITDA | 1.40M | 257.48M | 313.01M | -49.70M | 270.41M | 400.38M |
| Net Income | 101.52M | 100.20M | 109.56M | -259.85M | 165.88M | 330.51M |
Balance Sheet | ||||||
| Total Assets | 6.58B | 6.55B | 6.58B | 6.98B | 7.60B | 6.74B |
| Cash, Cash Equivalents and Short-Term Investments | 223.70M | 253.26M | 183.12M | 175.20M | 344.77M | 123.42M |
| Total Debt | 2.52B | 2.53B | 2.62B | 3.06B | 3.42B | 2.55B |
| Total Liabilities | 2.77B | 2.77B | 2.88B | 3.37B | 3.67B | 2.79B |
| Stockholders Equity | 3.80B | 3.77B | 3.69B | 3.60B | 3.92B | 3.93B |
Cash Flow | ||||||
| Free Cash Flow | 238.54M | 162.84M | 254.24M | 150.44M | 46.95M | 51.84M |
| Operating Cash Flow | 238.54M | 177.11M | 278.86M | 319.10M | 57.09M | 54.16M |
| Investing Cash Flow | -48.53M | 140.18M | 116.96M | 204.32M | -890.97M | -41.65M |
| Financing Cash Flow | -111.36M | -274.16M | -385.65M | -681.86M | 1.05B | -8.06M |
Ho Bee Land Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:H13, the sentiment is Negative. The current price of 1.84 is below the 20-day moving average (MA) of 1.89, below the 50-day MA of 1.95, and below the 200-day MA of 2.08, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 39.08 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:H13.
Ho Bee Land Limited Peers Comparison
Overall Rating
SG:U1467Neutral
SG:C0961Neutral
SG:F1760Neutral- SG:H1356Neutral
SG:W0554Neutral
SG:LJ344Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SG:U14 | 67Neutral | SGD 6.68B | 12.52 | 4.44% | 2.28% | 1.56% | 21.82% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| SG:C09 | 61Neutral | SGD 6.46B | 7.14 | 8.76% | 4.67% | 36.24% | 326.79% |
| SG:F17 | 60Neutral | SGD 2.24B | 27.31 | 2.03% | 3.98% | -24.16% | -12.68% |
| SG:H13 | 56Neutral | SGD 1.25B | 12.04 | 2.68% | 2.72% | 5.35% | -32.58% |
| SG:W05 | 54Neutral | SGD 1.09B | 46.07 | 0.80% | 2.10% | 168.17% | ― |
| SG:LJ3 | 44Neutral | SGD 612.89M | -1.85 | -12.74% | 2.20% | 1.25% | -179.12% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SG:H13 | Ho Bee Land Limited | 1.84 | -0.29 | -13.57% | |
| SG:C09 | City Developments | 6.64 | -0.40 | -5.71% | |
| SG:U14 | UOL Group | 7.89 | -0.56 | -6.59% | |
| SG:F17 | GuocoLand Limited | 2.01 | 0.05 | 2.34% | |
| SG:LJ3 | OUE Ltd. | 0.91 | -0.31 | -25.16% | |
| SG:W05 | Wing Tai Holdings Limited | 1.43 | 0.04 | 2.88% |
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 16, 2026