Want to see SG:N0Z full AI Analyst Report?
Combine Will International Holdings Limited (N0Z) AI Stock Analysis
Combine Will International Holdings Limited
(SGX:N0Z)
The score is primarily constrained by weak cash generation, declining profitability, and negative technical momentum. Attractive valuation and dividend income provide meaningful support, but they do not fully offset the company’s financial and market-performance risks.
Combine Will International Holdings Limited (N0Z) vs. iShares MSCI Singapore ETF (EWS)
- Market Cap
- SGD 34.91M
- Dividend Yield
- 4.63%
- Average Volume (3M)
- 7,940
- Price to Earnings (P/E)
- 5.5
- Beta (1Y)
- -0.01
- Revenue Growth
- -3.42%
- EPS Growth
- -8.41%
- Country
- Singapore
- Employees
- 10,000
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Leisure
Combine Will International Holdings Limited Business Overview & Revenue Model
Company Description
As an investment holding company, Combine Will International Holdings Limited conducts global operations as an original design manufacturer (ODM), original equipment manufacturer (OEM), and a supplier of corporate promotional merchandise, toys, and v...
Combine Will International Holdings Limited Financial Statement Overview
Summary
Revenue growth and moderate leverage support the profile, but declining margins, rising leverage, volatile free cash flow, and recent cash burn materially limit financial strength. The score reflects a weighted assessment of the income statement, balance sheet, and cash flow scores.
Income Statement
62PositiveBalance Sheet
59NeutralCash Flow
36Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.68B | 1.84B | 1.47B | 1.11B | 1.34B | 197.17M |
| Gross Profit | 183.69M | 191.44M | 153.80M | 128.45M | 24.33M | 15.67M |
| EBITDA | 197.15M | 174.80M | 198.30M | 178.12M | 179.24M | 148.10M |
| Net Income | 38.33M | 37.67M | 45.73M | 42.53M | 42.76M | 40.81M |
Balance Sheet | ||||||
| Total Assets | 1.78B | 1.92B | 1.61B | 1.43B | 265.08M | 286.31M |
| Cash, Cash Equivalents and Short-Term Investments | 60.11M | 151.71M | 202.06M | 248.71M | 252.99M | 195.54M |
| Total Debt | 631.11M | 632.53M | 433.87M | 352.37M | 387.78M | 459.08M |
| Total Liabilities | 969.68M | 1.12B | 861.65M | 684.87M | 141.33M | 157.62M |
| Stockholders Equity | 799.96M | 789.09M | 746.45M | 742.68M | 720.15M | 744.17M |
Cash Flow | ||||||
| Free Cash Flow | -42.58M | -217.79M | -51.94M | 42.26M | 33.08M | 17.05M |
| Operating Cash Flow | 66.83M | -76.28M | 58.52M | 135.27M | 50.18M | 42.45M |
| Investing Cash Flow | -130.57M | -136.67M | -153.63M | -88.47M | -91.45M | -142.82M |
| Financing Cash Flow | 15.28M | 162.58M | 73.27M | -51.38M | -87.11M | -63.50M |
Combine Will International Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:N0Z, the sentiment is Negative. The current price of 1.08 is below the 20-day moving average (MA) of 1.13, below the 50-day MA of 1.16, and below the 200-day MA of 1.18, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 20.63 is Positive, neither overbought nor oversold. The STOCH value of 3.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:N0Z.
Combine Will International Holdings Limited Peers Comparison
Overall Rating
SG:AGS73Outperform
SG:42L68Neutral
SG:A3059Neutral- SG:N0Z56Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SG:AGS | 73Outperform | SGD 1.66B | 9.21 | 17.57% | 2.33% | 15.08% | 32.76% |
| SG:42L | 68Neutral | SGD 106.85M | 4.72 | 14.92% | 1.40% | 59.15% | 80.80% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| SG:A30 | 59Neutral | SGD 352.73M | 11.23 | 7.71% | 3.87% | 22.58% | 54.44% |
| SG:N0Z | 56Neutral | SGD 34.91M | 5.52 | 4.82% | 4.63% | -3.42% | -8.41% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SG:N0Z | Combine Will International Holdings Limited | 1.08 | -0.22 | -17.24% | |
| SG:42L | Taka Jewellery Holdings Ltd. | 0.19 | 0.05 | 34.51% | |
| SG:A30 | Aspial Corporation Limited | 0.15 | 0.05 | 47.62% | |
| SG:AGS | Hour Glass Ltd. | 2.58 | 0.56 | 27.66% | |
| SG:C41 | Cortina Holdings Limited | 4.08 | 0.81 | 24.77% | |
| SG:O9E | Parkson Retail Asia Limited | 0.09 | -0.04 | -30.40% |
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 15, 2026