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Mencast Holdings Ltd. (SG:5NF)
SGX:5NF
Singapore Market

Mencast Holdings Ltd. (5NF) AI Stock Analysis

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SG:5NF

Mencast Holdings Ltd.

(SGX:5NF)

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Neutral 64 (OpenAI - 5.2)
Rating:64Neutral
Price Target:
S$0.11
▲(41.25% Upside)
Action:ReiteratedDate:01/15/26
Overall score reflects mixed financial performance (strong cash flow but major revenue decline and high leverage) offset by strong technical momentum, while valuation is neutral with no dividend yield data to add support.
Positive Factors
Free Cash Flow Strength
TTM free cash flow growth of 122.3% indicates a meaningful improvement in cash generation. Sustained FCF growth enhances ability to fund operations, capex, and service debt, increasing financial resilience and optionality for strategic investments or deleveraging over the medium term.
Negative Factors
Sharp Revenue Decline
A 42.1% TTM revenue decline materially reduces operating scale and may weaken fixed-cost absorption. Sustained revenue shrinkage threatens margin convertibility, makes retaining skilled workforce harder, and increases reliance on cash reserves or external funding to maintain operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Free Cash Flow Strength
TTM free cash flow growth of 122.3% indicates a meaningful improvement in cash generation. Sustained FCF growth enhances ability to fund operations, capex, and service debt, increasing financial resilience and optionality for strategic investments or deleveraging over the medium term.
Read all positive factors

Mencast Holdings Ltd. (5NF) vs. iShares MSCI Singapore ETF (EWS)

Mencast Holdings Ltd. Business Overview & Revenue Model

Company Description
Mencast Holdings Ltd., an investment holding company, provides engineering and maintenance, repair, and overhaul solutions in Singapore, rest of Asia, and internationally. It operates through Offshore and Engineering, Marine, and Energy Services s...
How the Company Makes Money
Mencast Holdings Ltd. generates revenue through several key streams. The primary source of income comes from its engineering services, which include repair and maintenance for marine vessels and oil and gas equipment. Additionally, the company ear...

Mencast Holdings Ltd. Financial Statement Overview

Summary
Mixed fundamentals: stable ~30% gross margin and strong TTM free cash flow growth (+122.3%) support results, but a sharp TTM revenue decline (-42.1%) and high leverage (debt-to-equity 1.63) increase risk despite a modest ROE (8.07%).
Income Statement
65
Positive
Balance Sheet
55
Neutral
Cash Flow
70
Positive
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue53.04M53.49M48.42M42.34M45.91M46.87M
Gross Profit16.51M15.82M14.15M9.89M13.49M12.62M
EBITDA11.73M17.11M18.47M14.53M18.92M9.59M
Net Income2.69M2.42M1.46M-414.00K6.51M6.37M
Balance Sheet
Total Assets167.22M175.76M180.99M201.06M217.58M224.61M
Cash, Cash Equivalents and Short-Term Investments9.31M10.16M10.47M9.03M14.31M15.65M
Total Debt54.17M59.23M69.77M91.43M105.11M117.35M
Total Liabilities132.45M140.85M148.63M170.19M186.05M199.74M
Stockholders Equity33.32M33.35M30.77M29.16M29.89M23.06M
Cash Flow
Free Cash Flow15.93M15.54M15.51M11.09M14.95M6.65M
Operating Cash Flow19.24M17.79M19.00M13.51M18.82M14.65M
Investing Cash Flow-1.19M168.00K12.97M59.00K-3.33M-4.19M
Financing Cash Flow-18.76M-18.27M-30.53M-18.57M-16.76M-13.18M

Mencast Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.08
Price Trends
50DMA
0.07
Negative
100DMA
0.07
Negative
200DMA
0.06
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
46.04
Neutral
STOCH
94.87
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:5NF, the sentiment is Neutral. The current price of 0.08 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.07, and above the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.04 is Neutral, neither overbought nor oversold. The STOCH value of 94.87 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SG:5NF.

Mencast Holdings Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
64
Neutral
S$26.75M-37.108.07%5.71%
63
Neutral
S$23.03M14.183.53%3.62%2.58%63.16%
46
Neutral
S$13.16M-9.72%-31.80%32.12%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:5NF
Mencast Holdings Ltd.
0.06
0.03
128.00%
AEYYF
Alpha Energy Holdings
SG:5GI
Interra Resources Ltd.
0.04
0.00
0.00%
SG:5AU
AP Oil International Limited
0.14
0.03
22.81%
SG:BLZ
Advanced Holdings Ltd.
0.13
0.07
113.11%

Mencast Holdings Ltd. Corporate Events

Mencast Clarifies Unusual Share Trading Amid Preliminary Asset Sale Talks
Jan 14, 2026
Mencast Holdings Ltd. has issued a holding announcement after noting unusual price and volume movements in its shares on 14 January 2026. The company disclosed that it is in preliminary, non-binding discussions over a potential sale of one of its ...
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: Jan 15, 2026