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Addvalue Technologies Ltd (SG:A31)
SGX:A31

Addvalue Technologies Ltd (A31) AI Stock Analysis

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SG:A31

Addvalue Technologies Ltd

(SGX:A31)

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Neutral 59 (OpenAI - 5.2)
Rating:59Neutral
Price Target:
S$0.08
▲(90.00% Upside)
The score is primarily driven by mixed financial performance—strong margins and balance-sheet quality offset by declining revenue and weakening free cash flow growth. Technically, price momentum is strong but appears overbought, increasing near-term risk. Valuation is a key headwind due to the elevated P/E and no dividend yield provided.
Positive Factors
Strong Profitability
High profitability margins indicate efficient cost management and strong pricing power, supporting long-term financial stability.
Solid Balance Sheet
A solid balance sheet with moderate leverage and strong ROE suggests financial resilience and capacity for future investments.
Revenue Diversification
Diverse revenue streams reduce dependency on a single source, enhancing stability and growth potential in varying market conditions.
Negative Factors
Declining Revenue
A decline in revenue growth indicates potential challenges in market demand or competitive pressures, impacting future earnings.
Negative Free Cash Flow Growth
Negative free cash flow growth can limit the company's ability to invest in growth opportunities and meet financial obligations.
Weakening Business Momentum
Weakening business momentum may signal operational challenges and affect the company's ability to sustain growth and profitability.

Addvalue Technologies Ltd (A31) vs. iShares MSCI Singapore ETF (EWS)

Addvalue Technologies Ltd Business Overview & Revenue Model

Company DescriptionAddvalue Technologies Ltd, an investment holding company, provides satellite-based communication and digital broadband products and solutions. It operates through three segments: Europe Middle East and Africa, North America, and Asia Pacific. The company develops and manufactures a range of terminals operating on satellite networks for land, maritime, aeronautical applications, and space resilient technologies. It also designs, develops, and distributes tele-communication equipment and related products; and business development, sells, and marketing of satellite communication equipment; and design and supply of communication products and services. The company markets its products and solutions under the Addvalue brand. The company was founded in 1994 and is headquartered in Singapore.
How the Company Makes MoneyAddvalue Technologies Ltd generates revenue through multiple streams, primarily by selling satellite communication hardware, including terminals and related equipment. The company also earns income from providing service contracts for ongoing support and maintenance of its systems. Additionally, it monetizes its technology through licensing agreements and partnerships with other telecommunications companies and service providers, enhancing its market reach and capabilities. The growth of its earnings is further supported by increasing demand for reliable communication solutions in remote and challenging environments, as industries rely more on connectivity for operational success.

Addvalue Technologies Ltd Financial Statement Overview

Summary
Addvalue Technologies Ltd demonstrates a mixed financial performance. The income statement shows strong profitability but declining revenue growth. The balance sheet is stable with moderate leverage and strong ROE, while the cash flow statement indicates adequate cash generation despite negative free cash flow growth. The company should focus on reversing the revenue decline to enhance its financial health.
Income Statement
Addvalue Technologies Ltd has shown a mixed performance in its income statement. The company achieved a gross profit margin of 52.14% and a net profit margin of 12.58% in the latest year, indicating strong profitability. However, the revenue growth rate was negative at -17.06%, suggesting a decline in sales. The EBIT margin of 13.50% and EBITDA margin of 22.19% are healthy, but the decline in revenue growth is a concern.
Balance Sheet
The balance sheet of Addvalue Technologies Ltd reflects a stable financial position with a debt-to-equity ratio of 0.60, indicating moderate leverage. The return on equity (ROE) is strong at 24.31%, showcasing effective use of equity to generate profits. The equity ratio stands at 32.52%, suggesting a balanced capital structure. Overall, the company maintains a solid balance sheet with manageable debt levels.
Cash Flow
The cash flow statement reveals a decline in free cash flow growth at -16.88%, which is a concern for future liquidity. However, the operating cash flow to net income ratio of 0.30 and free cash flow to net income ratio of 0.53 indicate that the company is generating sufficient cash relative to its net income. Despite the negative growth in free cash flow, the company maintains adequate cash flow coverage.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue15.53M15.53M12.77M7.55M5.46M2.68M
Gross Profit7.98M8.10M6.71M3.60M3.77M730.16K
EBITDA3.25M3.44M2.00M-1.85M-5.72M-3.51M
Net Income1.95M1.95M277.00K-2.99M-7.96M-6.18M
Balance Sheet
Total Assets24.72M24.72M19.01M16.35M14.89M20.19M
Cash, Cash Equivalents and Short-Term Investments1.51M1.51M538.00K171.11K985.82K289.04K
Total Debt4.79M4.79M5.17M4.36M5.91M7.05M
Total Liabilities16.68M16.68M12.88M10.52M12.46M12.33M
Stockholders Equity8.04M8.04M6.13M5.83M2.43M7.86M
Cash Flow
Free Cash Flow3.03M1.87M847.00K-4.36M-1.66M-4.59M
Operating Cash Flow3.56M3.56M1.77M-2.73M434.11K-2.79M
Investing Cash Flow-1.62M-1.62M-922.00K-837.08K-236.79K-1.13M
Financing Cash Flow-969.00K-969.00K-463.00K3.09M160.63K4.13M

Addvalue Technologies Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
59
Neutral
S$244.31M49.2940.64%31.67%250.00%
55
Neutral
S$56.09M-9.82-13.95%-11.99%-2666.67%
54
Neutral
S$40.00M30.772.00%26.09%4.89%
42
Neutral
S$30.68M54.441.45%-12.41%-71.88%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:A31
Addvalue Technologies Ltd
0.07
0.06
590.00%
SG:5AB
Trek 2000 International Ltd
0.10
0.01
16.67%
SG:AYN
Global Testing Corporation Limited
1.54
0.57
58.76%
SG:BDR
Willas-Array Electronics (Holdings) Limited
1.07
0.75
234.38%
SG:BIX
Ellipsiz Ltd
0.24
0.12
100.00%
SG:N01
Nera Telecommunications Ltd
0.18
0.09
94.57%

Addvalue Technologies Ltd Corporate Events

Addvalue Cuts Outstanding Convertible Bond Debt Through S$754,457 Equity Conversion
Jan 12, 2026

Addvalue Technologies has announced a further conversion of its renounceable, non-underwritten discounted and redeemable convertible bonds issued under a rights issue first launched in 2022. On 5 January 2026, bondholders converted S$754,457 in principal amount of these convertible bonds into 44,379,812 new shares at the stipulated conversion price, reducing the outstanding bond principal from S$3,456,608 to S$2,702,151 and increasing the company’s issued share capital from 3,490,192,675 to 3,534,572,487 shares. The newly issued conversion shares are scheduled to begin trading on the SGX Mainboard on or about 15 January 2026, reflecting ongoing deleveraging via equity conversion and a corresponding rise in the company’s free float and equity base.

The most recent analyst rating on (SG:A31) stock is a Hold with a S$0.08 price target. To see the full list of analyst forecasts on Addvalue Technologies Ltd stock, see the SG:A31 Stock Forecast page.

Addvalue Issues Final Reminder on January 2026 Deadline for Bond Conversion
Jan 8, 2026

Addvalue Technologies has issued a formal reminder to holders of its outstanding S$3,456,608 redeemable convertible bonds that the conversion period will end at 3:00 p.m. Singapore time on 15 January 2026. Bondholders who wish to exercise their conversion rights must submit a duly completed and signed conversion notice at the specified office of the conversion agent during business hours before the deadline, signalling the approaching closure of this capital-raising instrument and potentially affecting the company’s capital structure depending on the level of bond-to-equity conversion.

The most recent analyst rating on (SG:A31) stock is a Hold with a S$0.08 price target. To see the full list of analyst forecasts on Addvalue Technologies Ltd stock, see the SG:A31 Stock Forecast page.

Addvalue to Partially Redeem S$700,000 of Outstanding Convertible Bonds
Dec 18, 2025

Addvalue Technologies has notified holders of its outstanding S$3.46 million redeemable convertible bonds, originally issued in November 2022 via a rights issue and listed on the SGX Mainboard, that it will proceed with a partial redemption. The company plans to redeem up to S$700,000 of the outstanding principal amount, together with accrued interest, on 6 February 2026 in accordance with the bond terms, signalling an incremental move to manage and reduce its convertible debt obligations, which may affect its capital structure and potential future equity dilution for existing shareholders.

The most recent analyst rating on (SG:A31) stock is a Hold with a S$0.05 price target. To see the full list of analyst forecasts on Addvalue Technologies Ltd stock, see the SG:A31 Stock Forecast page.

Addvalue Technologies Secures $4.8 Million Order in Defense Sector
Dec 8, 2025

Addvalue Technologies Ltd has secured new orders worth US$4.8 million for its Advanced Digital Radio-related business, specifically supplying proprietary SDR modules to a customer in the defense sector. This order boosts the company’s order book to US$22.6 million and is expected to significantly impact the financial year ending March 2027, highlighting the company’s growth prospects in the digital radio solutions market.

The most recent analyst rating on (SG:A31) stock is a Hold with a S$0.05 price target. To see the full list of analyst forecasts on Addvalue Technologies Ltd stock, see the SG:A31 Stock Forecast page.

Addvalue Technologies Achieves Milestone with FTSE ST All-Share Index Inclusion
Dec 2, 2025

Addvalue Technologies Ltd has been included in the FTSE ST All-share Index, marking a significant milestone that highlights the company’s improved market performance and growing investor confidence. The company’s remarkable growth in trading activity and share price, alongside its strategic focus on innovation in satellite communications, positions it for sustained success and affirms its status as a leading player in Singapore’s technology sector.

The most recent analyst rating on (SG:A31) stock is a Hold with a S$0.05 price target. To see the full list of analyst forecasts on Addvalue Technologies Ltd stock, see the SG:A31 Stock Forecast page.

Addvalue Technologies Secures US$2.8M in Space Orders, Boosting Revenue Growth
Nov 30, 2025

Addvalue Technologies Ltd has secured US$2.8 million in new orders for its Inter-Satellite Data Relay System terminals from clients in the Asia Pacific and Americas, enhancing its position in the space and satellite industry. These orders contribute to a total order book of US$19.2 million, expected to positively impact the company’s financial performance in the next year.

The most recent analyst rating on (SG:A31) stock is a Hold with a S$0.05 price target. To see the full list of analyst forecasts on Addvalue Technologies Ltd stock, see the SG:A31 Stock Forecast page.

Addvalue Technologies Secures $3.6M in Space Orders
Nov 17, 2025

Addvalue Technologies Ltd has secured new orders worth approximately US$3.6 million for its Inter-Satellite Data Relay System terminals from clients in America and Europe, enhancing its position in the space and satellite industry. These orders are expected to positively impact the company’s financial performance in the next year, with the order book now standing at US$17.5 million.

Addvalue Technologies Ltd Announces Convertible Bonds Conversion
Nov 11, 2025

Addvalue Technologies Ltd has announced the conversion and cancellation of a portion of its convertible bonds. On 11 November 2025, the company issued 23,776,996 new shares to bondholders, reducing the outstanding principal amount of the bonds from S$3,860,817 to S$3,456,608. This move increases the company’s share capital and is expected to enhance its financial flexibility, potentially impacting its market positioning and stakeholder interests positively.

Addvalue Technologies Exits SGX Watch-List Amid Regulatory Changes
Oct 30, 2025

Addvalue Technologies Ltd has been removed from the Singapore Exchange’s financial watch-list following regulatory changes by the Singapore Exchange Regulation. This removal reflects the company’s improved financial performance, achieving consecutive profitability in FY2024 and FY2025. Despite the regulatory change, Addvalue Technologies was on track to exit the watch-list on its own merits by the end of 2025. The company remains committed to transparency and aims to strengthen its financial position and support long-term growth, expressing gratitude to its stakeholders for their support during the watch-list period.

Addvalue Technologies Announces Board Restructuring
Oct 14, 2025

Addvalue Technologies Ltd. has announced a reconstitution of its Board and Board Committees due to recent changes in its directorship. The company has appointed Ms. Gwendolyn Gn Jong Yuh and Mr. Kelvin Chow Chung Yip as Independent Directors, effective from 14 October 2025, while Ms. Goh Liang Choo and Mr. Chua Chwee Koh have resigned, with their departures effective on 15 November 2025 and 26 October 2025, respectively. This restructuring is expected to align with the announcement of the company’s half-year results and may impact the composition of the Audit and Risk Committee.

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: Dec 27, 2025