Sinarmas Land Limited (A26) AI Stock Analysis

• Market Cap: S$1.49B
• Dividend Yield: 0.21%
• Average Volume (3M): 1.30M
• Price to Earnings (P/E): 6.6
• Beta (1Y): 0.17
• Revenue Growth: 11.38%
• EPS Growth: -10.78%
• Country: SG
• Employees: 1,000
• Sector: Real Estate
• Sector Strength: 69
• Industry: Real Estate - Development
• EPS (TTM): 0.06
• Shares Outstanding: 4,255,638,000
• 10 Day Avg. Volume: 212,270
• 30 Day Avg. Volume: 1,303,876
• PEG Ratio: 0.02
• Price to Book (P/B): 0.25
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.78
• 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

• Rating: 74 Outperform
• Price Target: S$0.50 ▲(31.58%Upside)

Sinarmas Land Limited exhibits strong financial performance with solid revenue growth and a robust balance sheet, which supports its financial stability. The technical indicators suggest a strong bullish trend, though caution is advised due to the high RSI indicating potential overbought conditions. The company's valuation is attractive with a low P/E ratio, enhancing its appeal despite the modest dividend yield. Overall, the stock is well-positioned for growth, but investors should watch for liquidity challenges due to declining operating cash flow.

Sinarmas Land Limited Business Overview & Revenue Model

Company Description

Sinarmas Land Limited, an investment holding company, engages in the property business in Indonesia, China, Malaysia, Singapore, and the United Kingdom. The company engages in the investment and development of township, residential, commercial, industrial, and hospitality-related properties; and ownership and management of hotels and resorts; and ownership and leasing of investment properties. It also develops resort properties; develops country clubs, golf clubs and courses, and recreational facilities; develops and operates toll roads; develops industrial estates; operates as general partner and nominee. In addition, the company offers financing, management and consultancy, educational, hotel and resort marketing agency, treasury management, and healthcare services. The company was formerly known as AFP Properties Limited and changed its name to Sinarmas Land Limited in April 2011. Sinarmas Land Limited was founded in 1988 and is headquartered in Singapore.

How the Company Makes Money

Sinarmas Land Limited generates revenue through multiple streams, primarily focusing on property development, leasing, and sales. The company's primary revenue source is the sale of residential and commercial properties, including land plots and developed units within its large-scale integrated townships and city developments. Additionally, Sinarmas Land earns recurring income from leasing its commercial properties, such as office spaces and shopping centers, providing a steady cash flow. The company also engages in partnerships and joint ventures to co-develop projects, which can enhance its capital base and spread financial risk. Furthermore, Sinarmas Land may derive income from property management services and fees associated with maintaining and operating its properties.

Sinarmas Land Limited Financial Statement Overview

Summary

Sinarmas Land Limited demonstrates solid financial performance with growing revenues and strong margins. The company's balance sheet is robust with low leverage, providing financial resilience. While cash flow generation remains positive, recent declines in operating cash flow warrant attention to ensure sustained liquidity. Overall, the company is well-positioned for growth with a strong financial foundation.

Income Statement

The company has shown consistent revenue growth over the years, with a notable increase from the previous year. Gross profit margins are strong, indicating efficient cost management. However, the net profit margin has slightly decreased, highlighting potential cost pressures or increased expenses impacting net income. The EBIT and EBITDA margins remain robust, suggesting solid operational performance.

Balance Sheet

The balance sheet reflects a healthy equity position and a low debt-to-equity ratio, signifying strong financial stability and low leverage. The return on equity is positive, although slightly declining, indicating effective use of equity to generate profits. The equity ratio is stable, affirming a solid asset base relative to liabilities, supporting long-term financial health.

Cash Flow

Operating cash flow has been positive, though it experienced a significant drop in the most recent period. Free cash flow growth rate is strong, showing efficient capital management, but the decrease in cash flow from operations may pose future liquidity challenges. The free cash flow to net income ratio is favorable, indicating good cash conversion.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.88B	1.49B	1.34B	1.33B	895.00M	910.48M
	Gross Profit
1.22B	944.87M	854.44M	964.49M	544.97M	572.91M
	EBIT
788.54M	555.23M	524.15M	651.00M	306.83M	334.61M
	EBITDA
598.85M	742.18M	676.61M	669.93M	371.23M	389.85M
	Net Income Common Stockholders
333.61M	243.06M	272.50M	343.59M	145.70M	100.66M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.54B	1.61B	1.51B	1.50B	1.47B	1.54B
	Total Assets
7.84B	8.66B	7.93B	7.70B	7.94B	8.07B
	Total Debt
1.50B	1.75B	1.50B	1.51B	1.75B	2.38B
	Net Debt
-15.70M	208.21M	162.56M	95.98M	526.69M	1.06B
	Total Liabilities
2.77B	3.12B	2.92B	3.01B	3.16B	3.49B
	Stockholders Equity
3.42B	3.62B	3.36B	3.10B	3.00B	2.84B
Cash Flow		Free Cash Flow
639.47M	176.18M	134.23M	431.50M	414.66M	252.32M
	Operating Cash Flow
691.46M	190.74M	289.18M	801.79M	601.20M	422.40M
	Investing Cash Flow
-543.90M	-310.18M	-255.99M	-212.52M	39.47M	-279.77M
	Financing Cash Flow
-295.75M	188.00M	-108.26M	-264.16M	-753.11M	168.72M

Sinarmas Land Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:A26, the sentiment is Positive. The current price of 0.38 is above the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.35, and above the 200-day MA of 0.30, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 72.31 is Negative, neither overbought nor oversold. The STOCH value of 200.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:A26.

Sinarmas Land Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
A26	74 Outperform	S$1.49B	6.57	6.96%	0.21%	11.38%	-10.78%
Sector *	61 Neutral	$2.83B	10.72	0.40%	6.10%	5.80%	-21.26%
FS8		€1.11B	13.33	2.74%	4.18%	―	―
8OX1		€269.54M	―	-10.73%	―	―	―
ADN		S$1.16B	12.84	4.50%	4.51%	―	―
F1E	68 Neutral	S$232.73M	110.71	0.35%	4.84%	31.28%	―
AU8U	63 Neutral	S$1.19B	79.35	-0.91%	7.71%	-7.66%	-145.74%

Sinarmas Land Limited Corporate Events

Lyon Investments Moves to Acquire Sinarmas Land Limited

Sinarmas Land Limited has received an acquisition offer from Lyon Investments Limited, which has been accepted by over 90% of its shareholders. The offer involves the purchase of ordinary shares at S$0.375 each. This acquisition move, under the Companies Act 1967, allows Lyon Investments to acquire shares from dissenting shareholders unless a court order states otherwise, potentially consolidating Lyon’s position in the market.

Lyon Investments Completes Cash Offer for Sinarmas Land Shares

Sinarmas Land Limited, a company incorporated in Singapore, is the subject of a voluntary unconditional cash offer by Lyon Investments Limited, facilitated by PricewaterhouseCoopers Corporate Finance Pte Ltd. The offer aims to acquire all issued and paid-up ordinary shares in the company, excluding treasury shares and those already held by the offeror. This move marks a significant step in the acquisition process, potentially impacting the company’s shareholder structure and market positioning.

Sinarmas Land Transfers Majority Shares to Lyon Investments

Sinarmas Land Limited has announced a significant transfer of shares to Lyon Investments Limited, with the latter acquiring over 90% of Sinarmas Land’s ordinary shares. This move consolidates Lyon Investments’ control over Sinarmas Land, potentially impacting the company’s strategic direction and shareholder dynamics.

Lyon Investments Makes Unconditional Cash Offer for Sinarmas Land

Sinarmas Land Limited is the subject of a voluntary unconditional cash offer by Lyon Investments Limited, facilitated by PricewaterhouseCoopers Corporate Finance Pte Ltd. The offer aims to acquire all issued and paid-up ordinary shares of the company, excluding treasury shares and those already held by the Offeror. The announcement indicates an intention to exercise the right of compulsory acquisition under the Companies Act, signaling a significant move towards consolidating ownership and potentially impacting shareholder dynamics.

PT Bumi Serpong Damai Tbk Reports Q1 2025 Financial Position

PT Bumi Serpong Damai Tbk and its subsidiaries reported their consolidated financial position as of March 31, 2025, and December 31, 2024. The company saw a slight decrease in total assets from December 2024 to March 2025, with total assets amounting to approximately 75.92 trillion Rupiah. The report highlights a decrease in cash and cash equivalents, while inventories and advances showed an increase. This financial update provides stakeholders with insights into the company’s current asset management and financial health.

Lyon Investments Extends Offer for Sinarmas Land Shares

Lyon Investments Limited, through PricewaterhouseCoopers Corporate Finance Pte Ltd, has made a voluntary unconditional cash offer to acquire all issued and paid-up ordinary shares of Sinarmas Land Limited, excluding treasury shares and those already held by the Offeror. The offer period has been extended, but the revised offer price will not increase. This acquisition move could significantly impact Sinarmas Land’s market positioning and shareholder value, especially considering the implications of the loss of free float for shareholders who have not accepted the offer.

Lyon Investments Revises Offer for Sinarmas Land Shares

Lyon Investments Limited, through PricewaterhouseCoopers Corporate Finance Pte Ltd, has made a voluntary unconditional cash offer to acquire all issued and paid-up ordinary shares of Sinarmas Land Limited, excluding treasury shares and those already held by the Offeror. The offer price has been revised to S$0.375 per share, reflecting a strategic move that could impact the company’s market positioning and shareholder value.

Lyon Investments Revises Offer for Sinarmas Land Shares

Lyon Investments Limited, through PricewaterhouseCoopers Corporate Finance Pte Ltd, has revised its offer price and extended the closing date for its voluntary unconditional cash offer to acquire all issued and paid-up ordinary shares of Sinarmas Land Limited. This move is part of a strategic acquisition under the Singapore Code on Take-overs and Mergers, potentially impacting the company’s shareholder structure and market positioning.

Sinarmas Land Valuation Approach Defended Amid Criticism

Sinarmas Land Limited is currently facing scrutiny over its valuation approach for a privatization offer. W Capital Markets, the appointed independent financial advisor, has refuted criticisms from recent articles suggesting the company’s valuation methods are flawed. The articles argue that the valuation of Sinarmas Land’s shares is underestimated and that the unlisted assets have been unfairly discounted. W Capital Markets defends its use of the Sum-of-the-Parts valuation analysis, asserting it is appropriate given the company’s corporate structure and asset management.

Lyon Investments Makes Cash Offer for Sinarmas Land Shares

Lyon Investments Limited has made a voluntary unconditional cash offer to acquire all issued and paid-up ordinary shares of Sinarmas Land Limited, excluding treasury shares and those already held by the offeror. This move could lead to a loss of free float, trading suspension, and changes in listing status, impacting shareholders and the company’s market presence.

Lyon Investments Makes Cash Offer for Sinarmas Land Limited Shares

Sinarmas Land Limited is the subject of a voluntary unconditional cash offer by Lyon Investments Limited, facilitated by PricewaterhouseCoopers Corporate Finance Pte Ltd. This offer aims to acquire all issued and paid-up ordinary shares of Sinarmas Land Limited, excluding treasury shares and shares already held by the offeror. Shareholders are advised to consider the views of independent directors and financial advisers before making any decisions regarding the offer.

PT Bumi Serpong Damai Tbk Reports Asset Growth in 2024

Sinarmas Land Limited’s subsidiary, PT Bumi Serpong Damai Tbk, has released its consolidated financial statements for the years ending December 31, 2024, and 2023. The report highlights an increase in total assets from Rp 66.8 trillion in 2023 to Rp 76 trillion in 2024, indicating significant growth in both current and non-current assets. This growth suggests a robust financial position that could enhance the company’s market standing and investor confidence.

Lyon Investments Makes Cash Offer for Sinarmas Land Shares

Lyon Investments Limited has announced a voluntary unconditional cash offer to acquire all issued and paid-up ordinary shares of Sinarmas Land Limited, excluding treasury shares and those already held by the Offeror. The offer, managed by PricewaterhouseCoopers Corporate Finance Pte Ltd, is priced at S$0.31 per share. This acquisition move could significantly impact Sinarmas Land Limited’s market positioning and shareholder value, as it represents a strategic consolidation in the real estate sector.