Bonvests Holdings Limited (B28) AI Stock Analysis

• Market Cap: S$383.45M
• Dividend Yield: 0.84%
• Average Volume (3M): 7.15K
• Price to Earnings (P/E): 70.2
• Beta (1Y): 0.35
• Revenue Growth: 0.58%
• EPS Growth: -9.33%
• Country: SG
• Employees: 2,712
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Travel Lodging
• EPS (TTM): <0.01
• Shares Outstanding: 401,516,970
• 10 Day Avg. Volume: 3,620
• 30 Day Avg. Volume: 7,150
• PEG Ratio: -2.61
• Price to Book (P/B): 0.43
• Price to Sales (P/S): 1.61
• P/FCF Ratio: 10.12
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: S$1.00 ▲(2.04% Upside)

Bonvests Holdings Limited's overall stock score reflects a stable financial position with strong gross profit margins but is hindered by low net profitability and revenue growth. The technical analysis indicates bearish momentum, and the high P/E ratio suggests overvaluation. The lack of earnings call data and corporate events further limits the score.

Bonvests Holdings Limited Business Overview & Revenue Model

Company Description

Bonvests Holdings Limited, an investment holding company, engages in the property development and investment, hotel ownership and management, and waste management and contract cleaning businesses. The company operates through Rental, Hotel, Industrial, Investment, and Others segments. It owns and manages various commercial and residential properties. The company also engages in the operation of the golf course, hotels and restaurants, bars, spas and thalassotherapy centers, resorts, and food and beverage outlets; and securities trading and investment holding activities. In addition, the company offers business and management, and public relations consultancy services; sales and marketing support; contract cleaning; and waste management services, such as waste disposal services to commercial, industrial, and residential properties, as well as other waste disposal related services. It operates in Singapore, Maldives, Africa, Australia, and internationally. The company was incorporated in 1969 and is based in Singapore. Bonvests Holdings Limited is a subsidiary of Goldvein Holdings Pte Ltd.

How the Company Makes Money

Bonvests Holdings Limited generates revenue through multiple streams primarily related to its real estate and hospitality operations. The company earns rental income from leasing its commercial and retail properties, which provides a steady cash flow. Additionally, it derives income from its hotel operations, which includes room bookings, food and beverage sales, and other hospitality services. Bonvests also benefits from capital appreciation of its property assets over time. Strategic partnerships with local and international developers and hospitality brands enhance its market presence and operational efficiency, further contributing to its revenue generation. Overall, the company's diversified portfolio and focus on property management and development are key factors in sustaining its earnings.

Bonvests Holdings Limited Financial Statement Overview

Summary

Bonvests Holdings Limited demonstrates a stable financial position with strengths in gross profit margins and a solid equity base. However, challenges remain in terms of net profitability and revenue growth. The company shows potential in cash flow generation, but operational efficiency and profitability need to be enhanced to drive future growth.

Income Statement

Bonvests Holdings Limited has shown a mixed performance in its income statement. The company has a strong gross profit margin of 89% in 2024, indicating efficient cost management. However, the net profit margin is low at 0.83%, reflecting challenges in converting revenue into profit. Revenue growth has been negative, with a decline of 1.45% in 2024, signaling potential market challenges or competitive pressures. The EBIT and EBITDA margins are moderate, suggesting some operational efficiency but room for improvement.

Balance Sheet

The balance sheet of Bonvests Holdings Limited is relatively stable. The debt-to-equity ratio is moderate at 0.45, indicating a balanced approach to leveraging. The return on equity is low at 0.22%, suggesting limited profitability from shareholders' investments. The equity ratio is healthy, showing a strong equity base relative to total assets, which provides a buffer against financial instability.

Cash Flow

Cash flow analysis reveals a positive trend in free cash flow growth at 31% in 2024, indicating improved cash generation capabilities. However, the operating cash flow to net income ratio is low at 0.17, suggesting that cash generation from operations is not fully aligned with reported profits. The free cash flow to net income ratio is relatively high at 0.78, showing a good conversion of profits into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	231.94M	224.25M	216.76M	209.02M	134.41M	120.59M
Gross Profit	126.39M	199.59M	95.74M	185.68M	123.11M	111.96M
EBITDA	53.06M	55.08M	57.27M	67.09M	48.28M	13.00K
Net Income	5.46M	1.87M	7.17M	20.72M	12.25M	-41.21M
Balance Sheet
Total Assets	1.26B	1.29B	1.30B	1.30B	1.33B	1.32B
Cash, Cash Equivalents and Short-Term Investments	27.65M	29.66M	29.69M	31.90M	37.35M	38.61M
Total Debt	370.45M	376.31M	389.94M	380.02M	414.88M	410.38M
Total Liabilities	437.41M	450.98M	460.55M	453.15M	476.53M	478.05M
Stockholders Equity	820.62M	838.28M	837.71M	842.24M	847.61M	834.63M
Cash Flow
Free Cash Flow	32.93M	35.70M	19.30M	39.14M	-4.40M	-10.69M
Operating Cash Flow	40.35M	45.85M	43.29M	55.85M	23.53M	9.10M
Investing Cash Flow	-7.28M	-9.35M	-23.05M	-15.85M	-25.16M	-33.24M
Financing Cash Flow	-31.35M	-36.79M	-21.37M	-44.12M	626.00K	14.49M

Bonvests Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.98
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:B28, the sentiment is Negative. The current price of 0.98 is below the 20-day moving average (MA) of 0.98, below the 50-day MA of 1.00, and above the 200-day MA of 0.93, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 28.39 is Positive, neither overbought nor oversold. The STOCH value of 21.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:B28.

Bonvests Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
A34	61 Neutral	―	―	―	―	6.98%	-74.40%
H07	57 Neutral	S$753.84M	22.85	3.78%	1.00%	-5.47%	450.00%
B28	54 Neutral	S$383.45M	70.22	0.66%	0.84%	0.58%	-9.33%
H18	48 Neutral	S$510.20M	―	-1.41%	2.17%	-2.09%	-302.48%