Amara Holdings Limited (A34) AI Stock Analysis

• Market Cap: S$511.72M
• Dividend Yield: 1.12%
• Average Volume (3M): 0.00
• Price to Earnings (P/E): 278.1
• Beta (1Y): 0.19
• Revenue Growth: 6.98%
• EPS Growth: -74.40%
• Country: SG
• Employees: 524
• Sector: Consumer Cyclical
• Sector Strength: 64
• Industry: Travel Lodging
• EPS (TTM): <0.01
• Shares Outstanding: 576,936,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: -2.85
• Price to Book (P/B): 1.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 36.62
• 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: S$1.00
• Price Target Upside: 12.36% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 61 Neutral
• Price Target: S$1.00 ▲(12.36%Upside)

The primary strengths of Amara Holdings are strong cash flow generation and operational efficiency, reflected in high gross profit and EBIT margins. However, the stock's high valuation and potential overbought status, combined with high leverage and low net profit margins, present significant risks.

Amara Holdings Limited Business Overview & Revenue Model

Company Description

Amara Holdings Limited (A34) is a premier integrated lifestyle group based in Singapore, primarily engaged in the hotel investment and management sector. The company operates a portfolio of properties that includes luxurious hotels, resorts, and lifestyle properties, as well as a property investment and development segment. Amara Holdings is recognized for its commitment to delivering exceptional hospitality experiences and its strategic focus on expanding its footprint in key markets.

How the Company Makes Money

Amara Holdings Limited generates revenue through several key streams primarily associated with its hotel investment and management operations. The company earns income from room bookings, food and beverage sales, and hosting events at its hospitality venues. Additionally, Amara Holdings benefits from its property investment segment by leasing commercial spaces and generating rental income. The company also develops and sells residential and commercial properties, contributing to its earnings. Strategic partnerships and brand recognition further support its ability to attract customers and maintain steady revenue growth.

Amara Holdings Limited Financial Statement Overview

Summary

Amara Holdings Limited shows strong revenue growth and operational efficiency, with high gross profit and EBIT margins. However, the net profit margin is low, and the balance sheet indicates significant leverage. Cash flow generation is robust, supporting financial stability and potential for future investments.

Income Statement

Amara Holdings Limited has shown a consistent increase in revenue over the years, with a notable revenue growth rate of 8.15% from 2023 to 2024. The gross profit margin for 2024 stands at 52.05%, indicating strong cost management. However, the net profit margin is relatively low at 1.48%, suggesting high operating costs or other expenses. EBIT and EBITDA margins are healthy, at 52.05% and 25.80%, respectively, indicating operational efficiency.

Balance Sheet

The company's debt-to-equity ratio remains relatively high at 0.82, indicating significant leverage, which could pose risks if not managed properly. The return on equity is low at 0.47%, suggesting limited profitability relative to shareholder equity. However, the equity ratio is decent at 51.31%, reflecting a stable capital structure with more than half of the assets financed by equity.

Cash Flow

Amara Holdings has demonstrated strong free cash flow generation with a positive growth rate of 24.87% from 2023 to 2024. The operating cash flow to net income ratio is robust at 37.16, indicating strong cash flow generation from operations relative to net income. The free cash flow to net income ratio is also strong at 17.33, showcasing efficient cash management and potential for reinvestment.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	122.96M	114.94M	93.69M	66.87M	61.05M
Gross Profit	88.64M	57.67M	54.23M	46.06M	42.87M
EBITDA	32.07M	36.02M	30.86M	28.47M	9.96M
Net Income	1.84M	7.18M	6.45M	7.55M	-11.45M
Balance Sheet
Total Assets	754.06M	772.32M	787.38M	819.96M	807.72M
Cash, Cash Equivalents and Short-Term Investments	29.54M	24.70M	20.95M	16.07M	11.65M
Total Debt	317.42M	335.22M	352.97M	378.48M	379.62M
Total Liabilities	367.12M	383.01M	396.71M	418.10M	419.88M
Stockholders Equity	386.95M	389.31M	390.67M	401.86M	387.84M
Cash Flow
Free Cash Flow	31.85M	25.51M	45.61M	17.02M	17.77M
Operating Cash Flow	68.32M	28.87M	46.21M	17.78M	18.24M
Investing Cash Flow	-22.91M	-4.79M	-2.61M	-7.26M	2.72M
Financing Cash Flow	-40.64M	-19.80M	-37.81M	-6.37M	-19.64M

Amara Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:A34, the sentiment is Positive. The current price of 0.89 is below the 20-day moving average (MA) of 0.89, above the 50-day MA of 0.89, and above the 200-day MA of 0.67, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 75.29 is Negative, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:A34.

Amara Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
H07	70 Neutral	S$649.35M	19.68	3.78%	1.15%	-5.47%	450.00%
Sector *	65 Neutral	S$973.38M	37.67	5.70%	2.76%	6.06%	-25.02%
A34	61 Neutral	S$511.72M	278.13	0.47%	1.12%	6.98%	-74.40%
B28	61 Neutral	S$373.41M	202.17	0.22%	0.85%	3.46%	-73.60%
H18	55 Neutral	S$536.08M	59.50	-1.08%	2.08%	-5.87%	-217.39%

Amara Holdings Limited Corporate Events

Completion of Compulsory Acquisition of Amara Holdings Limited

Amara Holdings Limited, a company incorporated in Singapore, has been the subject of a voluntary unconditional general offer by United Overseas Bank Limited on behalf of DRC Investments Pte. Ltd. The completion of the compulsory acquisition under Section 215(1) of the Companies Act 1967 has been announced, indicating that the offer for all issued ordinary shares of Amara Holdings, excluding those held in treasury or already controlled by the offeror, has been successfully executed. This acquisition marks a significant step in consolidating ownership and could have implications for shareholders and the company’s strategic direction.

UOB Announces Unconditional Offer for Amara Holdings

United Overseas Bank Limited, on behalf of DRC Investments Pte. Ltd., has announced a voluntary unconditional general offer for all issued ordinary shares in Amara Holdings Limited, excluding treasury shares and those already owned or agreed to be acquired by the Offeror. The offer has been declared unconditional, and the Offeror intends to exercise its right of compulsory acquisition under the Companies Act 1967 to acquire the shares of dissenting shareholders, which may significantly impact Amara Holdings’ shareholder structure and market positioning.

UOB Announces Unconditional Offer for Amara Holdings Shares

United Overseas Bank Limited, on behalf of DRC Investments Pte. Ltd., has announced a voluntary unconditional general offer for all issued ordinary shares of Amara Holdings Limited, excluding treasury shares and those already controlled by the offeror. The offer has been declared unconditional, and the offeror intends to proceed with the compulsory acquisition of shares from dissenting shareholders, which could significantly impact Amara’s shareholder structure and market positioning.

UOB Closes Offer for Amara Holdings Shares

United Overseas Bank Limited, on behalf of DRC Investments Pte. Ltd., has closed its voluntary unconditional general offer for all issued ordinary shares of Amara Holdings Limited. The offer, which was declared unconditional, marks a significant step in the acquisition process, with implications for stakeholders as the Offeror intends to compulsorily acquire shares from dissenting shareholders.

UOB Announces Unconditional Offer for Amara Holdings Shares

United Overseas Bank Limited, on behalf of DRC Investments Pte. Ltd., has announced a voluntary unconditional general offer for all issued ordinary shares of Amara Holdings Limited. The offer has been declared unconditional, and the Offeror intends to compulsorily acquire shares from dissenting shareholders, which could significantly impact Amara’s shareholder structure and market positioning.

Amara Holdings Limited AGM Highlights Key Developments

Amara Holdings Limited held its Annual General Meeting (AGM) on April 25, 2025, where a trading halt was discussed, and a new Independent Director, Ms. Ng Hsueh Ling, was introduced. The AGM focused on resolutions outlined in the Notice of AGM, with Ms. Ginney Lim taking over as Chairperson due to Mr. Albert Teo’s health concerns. The meeting included a briefing on the polling process, with shareholders participating in a trial run using electronic devices.

UOB Declares Offer for Amara Holdings Unconditional

United Overseas Bank Limited, on behalf of DRC Investments Pte. Ltd., has declared the voluntary conditional general offer for all issued ordinary shares of Amara Holdings Limited as unconditional in all respects. This announcement signifies a significant step in the acquisition process, potentially impacting Amara’s market positioning and offering strategic opportunities for stakeholders.

UOB Announces Voluntary Offer for Amara Holdings Shares

United Overseas Bank Limited, on behalf of DRC Investments Pte. Ltd., has announced a voluntary conditional general offer for all issued ordinary shares of Amara Holdings Limited, excluding treasury shares and those already owned or agreed to be acquired by the Offeror. The offer document and related instructions have been electronically disseminated to Amara’s shareholders, following the Securities Industry Council’s guidelines for electronic dispatch of takeover documents.

UOB Announces Conditional Offer for Amara Holdings Shares

United Overseas Bank Limited, on behalf of DRC Investments Pte. Ltd., has announced a voluntary conditional general offer to acquire all issued ordinary shares of Amara Holdings Limited, excluding treasury shares and those already owned by the Offeror. The offer price is set at S$0.895 per share, with no intention to revise unless in a competitive situation, potentially impacting Amara Holdings’ market position and shareholder value.