Amara Holdings Limited (A34) AI Stock Analysis

• Market Cap: S$511.72M
• Dividend Yield: 0.56%
• Average Volume (3M): 8.14K
• 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: 60
• Industry: Travel Lodging
• EPS (TTM): <0.01
• Shares Outstanding: 576,936,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 8,136
• PEG Ratio: -1.97
• Price to Book (P/B): 0.47
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.03
• 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: 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, an investment holding company, engages in the hotel investment and management; property investment and development; and specialty restaurants and food services businesses in Singapore, the People's Republic of China, and Thailand. It invests in and develops office, retail, and residential properties. The company is also involved in the share trading and investment activities, as well as in the franchising business; and the provision of construction services. In addition, it offers management and technical advisory services for the management and development of hotels and resorts; and general management and administrative services. The company was incorporated in 1970 and is headquartered in Singapore. Amara Holdings Limited is a subsidiary of First Security Pte Ltd.

How the Company Makes Money

Amara Holdings Limited generates revenue through multiple streams. In the hospitality sector, the company earns income from room bookings, food and beverage services, and events hosted at its hotel and resort locations. The property investment and development segment contributes through the sale and leasing of residential and commercial properties. Rental income from their portfolio of investment properties also forms a significant part of their earnings. The company's specialty restaurants and food services further add to its revenue through dine-in, takeaway, and catering services. Strategic partnerships with other hospitality and real estate firms enhance its market presence and revenue generation capabilities.

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 above the 20-day moving average (MA) of 0.89, above the 50-day MA of 0.87, and above the 200-day MA of 0.65, indicating a bullish 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	64 Neutral	S$649.35M	19.68	3.78%	1.15%	-0.57%	-78.98%
A34	61 Neutral	S$511.72M	278.13	0.47%	0.56%	6.98%	-74.40%
B28	61 Neutral	S$371.40M	201.09	0.22%	1.13%	3.46%	-73.60%
Sector *	56 Neutral	$3.37B	4.05	-1.30%	6.64%	0.16%	-63.79%
H12		S$232.24M	34.72	0.99%	1.41%	―	―
H15		S$2.47B	121.24	1.10%	0.85%	―	―
H18	55 Neutral	S$517.60M	59.50	-1.08%	2.14%	-5.87%	-217.39%

Amara Holdings Limited Corporate Events

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.

Amara Holdings Announces Board and Committee Restructuring

Amara Holdings Limited has announced changes in its Board of Directors and the reconstitution of its Board Committees following the retirement of Mr. Lawrence Mok Kwok Wah as a Non-Executive Non-Independent Director. The Board now includes a mix of executive, independent, and non-executive directors, with Mr. Albert Teo Hock Chuan serving as Chairman and CEO. The reconstitution of the Board Committees, effective from April 25, 2025, sees Mr. George Seow Ewe Keong as the Chairman of the Audit Committee and Ms. Ginney Lim May Ling as the Chairman of the Remuneration Committee. These changes are expected to impact the company’s governance structure and potentially influence its strategic direction.