Eneco Energy (R14) AI Stock Analysis

Eneco Energy

(SGX:R14)

Select Model

Rating:62Neutral

Price Target:SGD 0.01▲(10.00% Upside)

Action:upgraded

Date:09/06/26

The stock’s score is driven primarily by an improved balance sheet and steadily positive cash generation, offset by still fragile and volatile profitability and only moderately compelling valuation, with a neutral technical backdrop and no additional influence from earnings call or corporate events.

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)

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

Financial performance is moderately strong, with a materially repaired balance sheet and consistently positive operating and free cash flow, but profitability has only partially recovered from prior losses and remains thin and volatile.

Income Statement

60Neutral

Balance Sheet

75Positive

Cash Flow

70Positive

Financial statement breakdown
Breakdown	TTM	Jun 2026	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	35.45M	35.45M	31.30M	30.56M	32.02M	28.41M
Gross Profit	10.62M	10.62M	528.00K	1.16M	2.53M	1.90M
EBITDA	9.05M	9.05M	6.52M	5.63M	6.11M	7.50M
Net Income	1.88M	1.88M	-715.00K	115.00K	2.09M	6.81M
Balance Sheet
Total Assets	49.36M	49.36M	37.45M	31.48M	37.18M	30.59M
Cash, Cash Equivalents and Short-Term Investments	27.82M	27.82M	16.55M	14.87M	16.22M	2.82M
Total Debt	6.38M	6.38M	9.76M	5.64M	5.92M	12.61M
Total Liabilities	13.90M	13.90M	15.61M	11.37M	17.05M	35.96M
Stockholders Equity	35.46M	35.46M	21.84M	20.11M	20.12M	1.91M
Cash Flow
Free Cash Flow	4.22M	4.22M	3.37M	4.16M	4.80M	5.55M
Operating Cash Flow	7.39M	7.39M	4.03M	4.69M	5.72M	5.99M
Investing Cash Flow	-17.42M	-17.62M	1.22M	2.28M	-12.62M	-28.00K
Financing Cash Flow	6.55M	6.95M	-5.96M	-5.82M	8.63M	-9.93M

Eneco Energy Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

SG:R14 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SG:R14	62Neutral	SGD 30.41M	16.26	5.39%	―	7.53%	―
SG:LS9	44Neutral	SGD 13.81M	-0.74	-1026.01%	―	2810.24%	-8.42%

* Industrials Sector Average

Performance Comparison

SG:R14 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SG:R14	Eneco Energy	0.01	0.00	0.00%
SG:1E3	Sanli Environmental Ltd.	0.08	-0.24	-74.38%
SG:5HV	Koh Brothers Eco Engineering Limited	0.07	-0.01	-13.75%
SG:L23	Enviro-Hub Holdings Ltd.	0.01	-0.01	-50.00%
SG:LS9	Leader Environmental Technologies Ltd.	0.01	-0.01	-45.00%
SG:NEX	Reclaims Global Limited	0.20	0.01	6.42%

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

Eneco Energy AI Stock Analysis