TipRanks
Go Ultimate55% OFF

Eneco Energy (R14) AI Stock Analysis

SG:R14

Eneco Energy

(SGX:R14)

Select Model
Rating:61Neutral
Price Target:SGD 0.01â–²(10.00% Upside)
Action:reiterated
Date:09/06/26

The score is driven primarily by improving financial performance (strong revenue rebound, better margins, lower leverage, and positive cash generation), partially offset by an inconsistent historical earnings/cash conversion profile. With limited technical data and a moderate P/E without dividend support, the overall view remains moderately positive but not high-conviction.

Positive Factors
Revenue and margin recoveryStrong revenue growth alongside healthier gross and net margins indicates improved operating performance and renewed commercial momentum. If maintained, this combination can strengthen earnings capacity, support internal reinvestment, and improve the company’s competitive position over the next several quarters.
Negative Factors
Volatile earnings historyThe recent recovery follows a materially inconsistent earnings record, including a net loss and periods of only modest profitability. This history makes current margins less dependable and raises the risk that improved earnings may not persist through the next business cycle.

Eneco Energy (R14) vs. iShares MSCI Singapore ETF (EWS)

-5%0%5%10%15%20%25%30%SG:R140.00%EWS+12.23%Dec '25Jan '26Feb '26Mar '26Apr '26May '26
Market Cap
SGD 30.41M
Dividend Yield
―
Average Volume (3M)
―
Price to Earnings (P/E)
16.3
Beta (1Y)
0.94
Revenue Growth
7.53%
EPS Growth
―
Country
Singapore
Employees
819
Sector
Industrials
Sector Strength
63
Industry
Integrated Freight & Logistics

Eneco Energy Business Overview & Revenue Model

Company Description

Operating as an investment holding firm, Eneco Energy Limited provides a range of logistics solutions within Singapore. Its business activities are organized into distinct logistics and corporate divisions. The logistics arm primarily focuses on tran...

Eneco Energy Financial Statement Overview

Summary

Financials are improving, led by strong revenue growth (+34.8%), healthier margins (gross ~30%, net ~5.3%), reduced leverage (debt-to-equity ~0.18), and positive operating/free cash flow (~7.4M/~4.2M). The score is capped by historical volatility in profitability/returns (including a net loss in 2024) and uneven cash conversion (FCF ~57% of net income in the latest year).

Income Statement

64Positive

Balance Sheet

73Positive

Cash Flow

67Positive
Financial statement breakdown
BreakdownTTMJun 2026Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue35.45M35.45M31.30M30.56M32.02M28.41M
Gross Profit10.62M10.62M528.00K1.16M2.53M1.90M
EBITDA9.05M9.05M6.52M5.63M6.11M7.50M
Net Income1.88M1.88M-715.00K115.00K2.09M6.81M
Balance Sheet
Total Assets49.36M49.36M37.45M31.48M37.18M30.59M
Cash, Cash Equivalents and Short-Term Investments27.82M27.82M16.55M14.87M16.22M2.82M
Total Debt6.38M6.38M9.76M5.64M5.92M12.61M
Total Liabilities13.90M13.90M15.61M11.37M17.05M35.96M
Stockholders Equity35.46M35.46M21.84M20.11M20.12M1.91M
Cash Flow
Free Cash Flow4.22M4.22M3.37M4.16M4.80M5.55M
Operating Cash Flow7.39M7.39M4.03M4.69M5.72M5.99M
Investing Cash Flow-17.42M-17.62M1.22M2.28M-12.62M-28.00K
Financing Cash Flow6.55M6.95M-5.96M-5.82M8.63M-9.93M

Eneco Energy Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

SG:R14 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
SG:R14SG:R1461NeutralSGD 30.41M16.265.39%―7.53%―
SG:LS9SG:LS944NeutralSGD 13.81M-0.74-1026.01%―2810.24%-8.42%

* Industrials Sector Average

Performance Comparison

-50%0%50%100%SG:R14SG:1E3SG:5HVSG:L23SG:LS9SG:NEXDec '25Jan '26Feb '26Mar '26Apr '26May '26
SG:R14 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
SG:R14Eneco Energy 0.010.000.00%
SG:1E3Sanli Environmental Ltd.0.08-0.24-74.38%
SG:5HVKoh Brothers Eco Engineering Limited0.07-0.01-13.75%
SG:L23Enviro-Hub Holdings Ltd.0.01-0.01-50.00%
SG:LS9Leader Environmental Technologies Ltd.0.01-0.01-45.00%
SG:NEXReclaims Global Limited0.200.016.42%

Eneco Energy Corporate Events

Eneco Energy Buys S$24.2m Gul Way Site to Build Integrated Logistics Hub

Aug 11, 2026

Eneco Energy Limited has agreed to acquire a JTC industrial property at 15 Gul Way in western Singapore for S$24.2 million, securing a site with around 203,000 square feet of land, 284,000 square feet of gross floor area and an on-site dormitory for...

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: Sep 06, 2026