United Overseas Insurance Limited (U13) AI Stock Analysis

• Market Cap: S$474.56M
• Dividend Yield: N/A
• Average Volume (3M): 3.66K
• Price to Earnings (P/E): 19.6
• Beta (1Y): 0.20
• Revenue Growth: 27.22%
• EPS Growth: -23.02%
• Country: SG
• Employees: 129
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Property & Casualty
• EPS (TTM): 0.14
• Shares Outstanding: 61,155,000
• 10 Day Avg. Volume: 4,880
• 30 Day Avg. Volume: 3,660
• PEG Ratio: 6.93
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 57.46
• P/FCF Ratio: 109.05
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: S$8.50 ▲(10.39% Upside)

The overall stock score of 65 reflects a balanced view of United Overseas Insurance Limited's performance. The company's strong balance sheet and reasonable valuation are significant positives. However, challenges in revenue growth and cash flow management, along with moderate technical indicators, suggest areas for improvement.

United Overseas Insurance Limited Business Overview & Revenue Model

Company Description

United Overseas Insurance Limited (U13) is a leading provider of insurance and risk management solutions based in Singapore. The company operates primarily in the general insurance sector, offering a diverse range of products, including motor, property, liability, and marine insurance. With a commitment to customer service and innovation, U13 aims to meet the evolving needs of individuals and businesses through tailored insurance solutions and comprehensive risk assessment services.

How the Company Makes Money

United Overseas Insurance Limited generates revenue primarily through the sale of insurance premiums. Customers pay premiums for various insurance policies, which constitute the company's main revenue stream. The company earns money by collecting these premiums and managing the associated risk. Additionally, U13 may invest the premiums received in financial markets, generating investment income. The company's profitability is influenced by its underwriting performance, which involves assessing and managing claims against the premiums collected. Moreover, strategic partnerships with brokers and agents enhance its distribution network, contributing to increased sales and market reach. Effective cost management and claims handling further bolster U13's financial performance.

United Overseas Insurance Limited Financial Statement Overview

Summary

United Overseas Insurance Limited exhibits a mixed financial performance. The income statement shows declining revenues but maintains profitability margins. The balance sheet is robust with low leverage, enhancing financial stability. Cash flow metrics indicate efficient cash generation but highlight a decline in free cash flow growth. Overall, the company demonstrates financial resilience with areas needing improvement in revenue growth and cash flow management.

Income Statement

The income statement shows a significant decline in revenue growth, with a negative growth rate of -93.74% in the latest year. Despite this, the company maintains a positive net profit margin of 3.98% and an EBIT margin of 4.53%, indicating some level of operational efficiency. However, the negative gross profit margin suggests challenges in covering the cost of goods sold.

Balance Sheet

The balance sheet is strong with a very low debt-to-equity ratio of 0.000051, indicating minimal leverage and financial risk. The return on equity is modest at 6.36%, reflecting decent profitability relative to shareholder equity. The equity ratio is healthy, suggesting a stable financial position.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth by -41.51%, which is concerning. However, the company maintains a high free cash flow to net income ratio of 0.92, indicating efficient cash generation relative to net income. The operating cash flow to net income ratio is lower, suggesting potential challenges in converting income into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	141.74M	7.49M	5.48M	2.80M	81.72M	53.09M
Gross Profit	141.74M	-19.47M	8.55M	989.00K	81.77M	53.09M
EBITDA	29.90M	35.53M	34.68M	25.20M	34.67M	31.32M
Net Income	24.25M	29.80M	29.26M	18.93M	26.59M	24.10M
Balance Sheet
Total Assets	613.72M	604.25M	587.22M	570.94M	608.79M	637.88M
Cash, Cash Equivalents and Short-Term Investments	460.87M	449.34M	432.73M	407.56M	40.00M	0.00
Total Debt	24.00K	24.00K	25.00K	28.00K	28.00K	1.16M
Total Liabilities	142.41M	135.51M	144.76M	153.14M	164.56M	213.48M
Stockholders Equity	471.32M	468.74M	442.46M	417.80M	444.24M	424.40M
Cash Flow
Free Cash Flow	12.17M	3.95M	21.37M	5.02M	4.00M	-305.00K
Operating Cash Flow	12.60M	4.30M	22.05M	7.01M	10.04M	24.98M
Investing Cash Flow	-33.28M	41.57M	11.40M	14.14M	-14.88M	-42.34M
Financing Cash Flow	-14.07M	-12.84M	-12.85M	-15.29M	-13.97M	-15.89M

United Overseas Insurance Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.70
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:U13, the sentiment is Positive. The current price of 7.7 is below the 20-day moving average (MA) of 7.73, below the 50-day MA of 7.76, and above the 200-day MA of 7.57, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 53.38 is Neutral, neither overbought nor oversold. The STOCH value of 62.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:U13.

United Overseas Insurance Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HPAD	80 Outperform	S$185.81B	7.95	―	1.60%	14.08%	37.15%
G07	74 Outperform	S$7.60B	14.28	11.35%	3.12%	-0.39%	8.38%
S41	72 Outperform	S$1.17B	13.99	4.02%	4.89%	-10.51%	-15.79%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
U13	65 Neutral	S$474.56M	19.57	5.41%	―	27.22%	-23.02%
HKB	58 Neutral	S$1.44B	22.83	―	―	―	―

United Overseas Insurance Limited Corporate Events

UOI Launches Strategic Growth Plan with Hybrid Solutions

United Overseas Insurance Limited has announced a strategic transformation plan aimed at accelerating growth through a hybrid strategy that combines human interaction with digital innovation. This initiative involves significant investments in technology and talent acquisition to enhance business capabilities and expand its distribution network across ASEAN. The transformation aligns with industry trends towards digitalisation while maintaining a customer-centric approach, emphasizing human connection and long-term relationships.