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Tuan Sing Holdings Limited
(SGX:T24)
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Rating:48Neutral
Price Target:
S$0.29
▲(4.29% Upside)
Action:Reiterated
Date:08/17/26
The score is held back primarily by mixed financial quality (elevated leverage, low ROE, and weakening/variable free cash flow) and weak technical positioning (price below key moving averages with negative MACD and sub-neutral RSI). Valuation is a modest offset with a moderate P/E and a small dividend yield, but not enough to materially lift the overall profile.
Positive Factors
Recovered Profitability
The rebound in profitability indicates that the property and hospitality portfolio can generate meaningful earnings when operating conditions improve. Sustained gross and net margins provide a foundation for internally funded investment and resilience.
Negative Factors
Elevated Leverage and Low Returns
Debt exceeding equity increases sensitivity to property valuations, refinancing conditions and operating setbacks. Combined with very low ROE, the capital base is not currently producing strong shareholder returns, limiting financial flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Recovered Profitability
The rebound in profitability indicates that the property and hospitality portfolio can generate meaningful earnings when operating conditions improve. Sustained gross and net margins provide a foundation for internally funded investment and resilience.
Read all positive factors
Tuan Sing Holdings Limited (T24) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$355.68M
Dividend Yield2.5%
Average Volume (3M)250.22K
Price to Earnings (P/E)16.5
Beta (1Y)1.16
Revenue Growth-8.50%
EPS Growth-9.57%
CountrySG
Employees777
SectorReal Estate
Sector Strength53
IndustryReal Estate - Diversified
Share Statistics
EPS (TTM)0.02
Shares Outstanding1,283,071,500
10 Day Avg. Volume210,350
30 Day Avg. Volume250,216
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.33
Price to Sales (P/S)2.78
P/FCF Ratio18.31
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Tuan Sing Holdings Limited Business Overview & Revenue Model
Company Description
Tuan Sing Holdings Limited operates as an investment holding company with a diversified portfolio spanning property development and investment, hotel ownership, and various industrial services. Its extensive operations cover Singapore, Australia, ...
How the Company Makes Money
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Tuan Sing Holdings Limited Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
48
Neutral
Cash Flow
44
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 143.04M | 146.00M | 192.52M | 303.72M | 225.30M | 248.71M |
| Gross Profit | 73.39M | 74.22M | 76.23M | 89.97M | 86.86M | 70.12M |
| EBITDA | 22.49M | 24.85M | 41.65M | 71.77M | 28.28M | 109.22M |
| Net Income | 21.28M | 32.14M | 2.34M | 4.84M | 4.59M | 83.66M |
Balance Sheet | ||||||
| Total Assets | 2.88B | 2.80B | 2.70B | 2.62B | 2.66B | 2.76B |
| Cash, Cash Equivalents and Short-Term Investments | 171.92M | 159.81M | 151.46M | 211.53M | 243.12M | 376.60M |
| Total Debt | 1.38B | 1.40B | 1.32B | 1.23B | 1.28B | 1.35B |
| Total Liabilities | 1.64B | 1.58B | 1.48B | 1.39B | 1.43B | 1.50B |
| Stockholders Equity | 1.24B | 1.22B | 1.22B | 1.23B | 1.22B | 1.25B |
Cash Flow | ||||||
| Free Cash Flow | 21.86M | 22.12M | -45.63M | 136.43M | 43.04M | 73.05M |
| Operating Cash Flow | 41.29M | 41.27M | 79.31M | 143.41M | 54.91M | 79.59M |
| Investing Cash Flow | -75.23M | -93.67M | -180.06M | -53.30M | -78.24M | 485.69M |
| Financing Cash Flow | 62.05M | 56.36M | 28.16M | -122.55M | -111.93M | -366.55M |
Tuan Sing Holdings Limited Technical Analysis
Negative
0.28
Price Trends
0.30
Negative
0.31
Negative
0.32
Negative
Market Momentum
>-0.01
Negative
42.30
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:T24, the sentiment is Negative. The current price of 0.28 is below the 20-day moving average (MA) of 0.29, below the 50-day MA of 0.30, and below the 200-day MA of 0.32, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.30 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:T24.
Tuan Sing Holdings Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
60 Neutral | S$2.50B | 30.57 | 2.07% | 3.11% | -24.16% | -12.68% | |
56 Neutral | S$1.14B | 8.62 | 8.02% | 5.00% | -37.17% | 12.57% | |
56 Neutral | S$1.35B | 13.53 | 2.68% | 2.45% | 5.35% | -32.58% | |
54 Neutral | S$1.19B | 50.32 | 0.80% | 1.92% | 168.17% | ― | |
48 Neutral | S$355.68M | 16.47 | 1.73% | 2.50% | -8.50% | -9.57% | |
43 Neutral | S$304.82M | -6.02 | -6.17% | 1.64% | -47.76% | -742.86% |
* Real Estate Sector Average
SG:T24
Tuan Sing Holdings Limited
0.28
>-0.01
-1.41%
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2.25
0.35
18.11%
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4.40
0.36
8.94%
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0.07
-0.04
-33.02%
SG:H13
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SG:W05
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1.56
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13.04%
Tuan Sing Holdings Limited Corporate Events
Tuan Sing Reshapes Board and Committees After Director Changes
Aug 6, 2026
Tuan Sing Holdings has reshuffled its board and key board committees, following the earlier appointment of Dr Foo Say Mui (Bill) as a non-executive and independent director effective 6 August 2026 and the cessation of non-executive independent dir...
Tuan Sing Secures Shareholder Backing for Dividend, Fees and Board Line-up at AGM
May 27, 2026
Tuan Sing Holdings reported that shareholders approved all key resolutions at its 56th annual general meeting held in Singapore on 28 April 2026. The meeting adopted the FY2025 audited financial statements, endorsed a first and final one-tier tax-...
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.