United Overseas Insurance Limited (U13) AI Stock Analysis

3 Followers

United Overseas Insurance Limited

(SGX:U13)

Select Model

Rating:75Outperform

Price Target:SGD 9.50▲(15.15% Upside)

Action:reiterated

Date:08/19/26

Overall score is driven primarily by strong financial stability (near-zero debt and solid profitability), supported by reasonable valuation (moderate P/E and a ~3.3% dividend yield). Technicals are moderately positive, though near-term indicators show the stock is approaching overbought levels.

Positive Factors

Debt-Free Balance SheetEffectively no debt and a sizable, stable equity base give the insurer strong financial resilience. This reduces funding risk, preserves flexibility through underwriting cycles, and supports the capacity to absorb claims or market volatility.

Negative Factors

Revenue ContractionRecent top-line contraction signals weaker premium or business volume and limits confidence in growth over the next several months. If sustained, lower revenue could constrain operating leverage and make strong profitability more dependent on underwriting mix or investment results.

United Overseas Insurance Limited (U13) vs. iShares MSCI Singapore ETF (EWS)

Market Cap: SGD 504.53M
Dividend Yield: 3.46%
Average Volume (3M): 4,782
Price to Earnings (P/E): 11.1
Beta (1Y): 0.21
Revenue Growth: -7.76%
EPS Growth: 43.29%
Country: Singapore
Employees: 131
Sector: Financial
Sector Strength: 68
Industry: Insurance - Property & Casualty

United Overseas Insurance Limited Business Overview & Revenue Model

Company Description

United Overseas Insurance Limited (UOI) functions as a general insurer, providing a wide array of coverage across Singapore, the ASEAN region, and globally. The company presents diverse personal insurance solutions, such as protection for travel, mot...

How the Company Makes Money

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United Overseas Insurance Limited Financial Statement Overview

Summary

Strong financial safety profile led by a very conservative balance sheet (effectively no debt) and stable equity base, supporting resilience. Profitability is solid (TTM net margin ~27.1%), but TTM revenue declined (~-5.3%) and historical revenue/margin volatility plus cash flow variability reduce confidence in trend stability.

Income Statement

66Positive

Balance Sheet

88Very Positive

Cash Flow

64Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	128.26M	135.38M	7.49M	5.48M	2.80M	81.72M
Gross Profit	128.26M	135.38M	-19.47M	8.55M	989.00K	81.77M
EBITDA	1.77M	33.67M	35.53M	34.68M	25.20M	34.67M
Net Income	34.75M	32.30M	29.80M	29.26M	18.93M	26.59M
Balance Sheet
Total Assets	672.66M	652.15M	604.25M	587.22M	570.94M	608.79M
Cash, Cash Equivalents and Short-Term Investments	514.54M	56.97M	449.34M	432.73M	407.56M	40.00M
Total Debt	24.00K	24.00K	24.00K	25.00K	28.00K	28.00K
Total Liabilities	145.49M	129.03M	135.51M	144.76M	153.14M	164.56M
Stockholders Equity	527.17M	523.12M	468.74M	442.46M	417.80M	444.24M
Cash Flow
Free Cash Flow	15.53M	34.94M	3.95M	21.37M	5.02M	4.00M
Operating Cash Flow	16.96M	35.42M	4.30M	22.05M	7.01M	10.04M
Investing Cash Flow	14.43M	-63.28M	41.57M	11.40M	14.14M	-14.88M
Financing Cash Flow	-16.20M	-13.15M	-12.84M	-12.85M	-15.29M	-13.97M

United Overseas Insurance Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price8.25

Price Trends

50DMA8.42Negative

100DMA8.46Negative

200DMA8.18Positive

Market Momentum

MACD-0.04Negative

RSI43.36Neutral

STOCH7.69Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:U13, the sentiment is Negative. The current price of 8.25 is below the 20-day moving average (MA) of 8.31, below the 50-day MA of 8.42, and above the 200-day MA of 8.18, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 43.36 is Neutral, neither overbought nor oversold. The STOCH value of 7.69 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:U13.

United Overseas Insurance Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (68)

Financial Indicators

SG:U13 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SG:U13	75Outperform	SGD 504.53M	11.15	6.62%	3.46%	-7.76%	43.29%
SG:G07	71Outperform	SGD 9.53B	12.71	14.59%	3.39%	26.59%	95.12%
SG:O39	71Outperform	SGD 129.52B	20.77	10.25%	3.66%	-2.86%	7.77%
SG:U10	69Neutral	SGD 3.12B	10.08	13.21%	3.90%	36.18%	40.76%
SG:HPAD	68Neutral	SGD 173.43B	6.68	9.54%	3.93%	―	―
Sector *	68Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SG:D05	62Neutral	SGD 201.68B	18.16	15.93%	4.56%	-5.30%	-0.44%

* Financial Sector Average

Performance Comparison

SG:U13 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SG:U13	United Overseas Insurance Limited	8.25	0.71	9.36%
SG:D05	DBS Group Holdings	71.00	19.06	36.70%
SG:O39	Oversea-Chinese Banking Corporation	28.67	10.89	61.28%
SG:U10	UOB-Kay Hian Holdings Limited	3.15	0.73	30.27%
SG:G07	Great Eastern Holdings Limited	19.20	4.56	31.18%
SG:HPAD	Ping An Insurance (Group) Company of China, Ltd. Shs UnSp Singapore Depositary Receipt Repr 1/2 Sh	4.27	0.10	2.47%

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: Aug 19, 2026

United Overseas Insurance Limited AI Stock Analysis