Attika Group Ltd. (SG:53W)
SGX:53W
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Attika Group Ltd.
(SGX:53W)
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Rating:52Neutral
Price Target:
S$0.40
▲(6.32% Upside)
Action:ReiteratedDate:03/15/26
The score is primarily supported by improving financial performance, led by strong revenue rebound and sustained profitability, but is constrained by balance-sheet leverage and volatile cash-flow conversion. Technical signals are currently weak (below key short-term averages and negative MACD). Valuation cannot be supported from the provided P/E and dividend data.
Positive Factors
Revenue rebound & profitability
A pronounced 2025 top-line rebound with sustained positive earnings demonstrates recovering demand and contract wins. Durable revenue growth supports backlog conversion and repeat business, providing a stronger base for multi-month revenue visibility and improved cash generation potential.
Negative Factors
Elevated leverage
Historically very high debt and still-meaningful leverage in 2025 amplify sensitivity to project delays, interest cost increases, and cyclical downturns. Persistent leverage constrains strategic flexibility, raises refinancing and covenant risks, and can limit capacity to invest or bid on large contracts.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue rebound & profitability
A pronounced 2025 top-line rebound with sustained positive earnings demonstrates recovering demand and contract wins. Durable revenue growth supports backlog conversion and repeat business, providing a stronger base for multi-month revenue visibility and improved cash generation potential.
Read all positive factors
Attika Group Ltd. (53W) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$51.68M
Dividend YieldN/A
Average Volume (3M)25.35K
Price to Earnings (P/E)―
Beta (1Y)-0.19
Revenue GrowthN/A
EPS GrowthN/A
CountrySG
Employees99
SectorServices
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)N/A
Shares Outstanding136,000,000
10 Day Avg. Volume45,000
30 Day Avg. Volume25,353
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
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
Attika Group Ltd. Business Overview & Revenue Model
Company Description
Attika Group Ltd., an investment holding company, provides electrical works in Singapore. The company also undertakes interior design and fitted out works. In addition, it is involved in the design, production, building and project management, ser...
Attika Group Ltd. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
48
Neutral
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.08M | 37.55M | 55.52M | 26.97M | 24.91M | 25.72M |
| Gross Profit | 2.62M | 7.70M | 8.38M | 5.86M | 4.35M | 3.03M |
| EBITDA | 1.79M | 5.09M | 4.52M | 3.70M | 2.87M | 1.93M |
| Net Income | 1.30M | 3.36M | 2.82M | 2.28M | 2.07M | 1.43M |
Balance Sheet | ||||||
| Total Assets | 37.08M | 44.42M | 35.02M | 24.66M | 18.65M | 18.53M |
| Cash, Cash Equivalents and Short-Term Investments | 324.34K | 6.82M | 9.18M | 2.71M | 882.27K | 594.00K |
| Total Debt | 16.00M | 14.70M | 11.76M | 16.17M | 8.80M | 10.04M |
| Total Liabilities | 33.10M | 31.76M | 24.73M | 21.90M | 15.83M | 16.98M |
| Stockholders Equity | 3.98M | 12.66M | 10.30M | 2.76M | 2.82M | 1.54M |
Cash Flow | ||||||
| Free Cash Flow | -1.80M | 3.20M | 10.77M | -603.00K | 2.73M | -2.36M |
| Operating Cash Flow | -1.72M | 3.25M | 10.86M | 5.67M | 2.79M | -2.26M |
| Investing Cash Flow | -274.81K | -1.34M | -840.00K | -6.55M | 228.32K | 58.66K |
| Financing Cash Flow | -388.29K | -4.07M | -3.89M | 2.85M | -2.73M | 1.96M |
Attika Group Ltd. Technical Analysis
Positive
0.38
Price Trends
0.42
Negative
0.39
Positive
0.36
Positive
Market Momentum
>-0.01
Negative
46.15
Neutral
63.49
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:53W, the sentiment is Positive. The current price of 0.38 is below the 20-day moving average (MA) of 0.40, below the 50-day MA of 0.42, and above the 200-day MA of 0.36, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.15 is Neutral, neither overbought nor oversold. The STOCH value of 63.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:53W.
Attika Group Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
SG:53W
Attika Group Ltd.
0.38
0.05
15.15%
SG:R14
Eneco Energy
0.01
0.00
0.00%
SG:BFT
Lincotrade & Associates Holdings Limited
0.30
0.20
204.12%
SG:V8Y
Quantum Healthcare Ltd.
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―
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Attika Group Ltd. Corporate Events
Attika Group Broadens Investor Base With S$5.46 Million Vendor Share Sale
Jan 12, 2026
Attika Group Ltd.’s majority shareholder, Managing Director and Executive Chairman Steven Tan, has sold 15.6 million existing shares in the company at S$0.35 each, raising S$5.46 million from a group of institutional and high net-worth inves...
Attika Group Wins S$38 Million in Interior Fit-Out Contracts, Extending Revenue Visibility to 2027
Jan 9, 2026
Attika Group Ltd. has secured two new interior fit-out contracts in Singapore worth a combined S$38 million, reinforcing its push into larger-scale commercial office projects. The key award is a S$36 million contract to fit out 20 floors spanning ...
Attika Group Wins S$38 Million in Interior Fit-Out Contracts, Extending Revenue Visibility to 2027
Jan 9, 2026
Attika Group Ltd. has secured two new interior fit-out contracts in Singapore worth a combined S$38 million, reinforcing its push into larger-scale commercial office projects. The key award is a S$36 million contract to fit out 20 floors spanning ...
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.