Banyan Tree Holdings (B58) AI Stock Analysis

• Market Cap: $329.35M
• Dividend Yield: 3.42%
• Average Volume (3M): 439.13K
• Price to Earnings (P/E): 7.8
• Beta (1Y): 0.54
• Revenue Growth: 16.08%
• EPS Growth: 32.51%
• Country: SG
• Employees: 13,000
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): N/A
• Shares Outstanding: 867,933,530
• 10 Day Avg. Volume: 488,760
• 30 Day Avg. Volume: 439,130
• PEG Ratio: -3.56
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.85
• 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: 81 Outperform
• Price Target: S$0.50 ▲(31.58%Upside)

Banyan Tree Holdings is rated strongly due to its robust financial performance and attractive valuation. The technical indicators support a bullish outlook. The company shows strong revenue growth and improving profit margins, with a low P/E ratio suggesting undervaluation. The dividend yield further enhances its investment appeal.

Banyan Tree Holdings Business Overview & Revenue Model

Company Description

Banyan Tree Holdings Limited, an investment holding company, develops, operates, and manages resorts, hotels, spas, and residences in Singapore, South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally. It operates through Hotel Investments, Property Sales, and Fee-Based segments. The company engages in the hotel and restaurant operations; sale of hotel villas or suites to investors under the leaseback scheme; and development and sale of vacation homes in Laguna Phuket, as well as in the land development and sales activities. It is also involved in the management of an asset-backed destination club and private-equity funds; sale of merchandise; provision of architectural and design services; ownership and management of golf courses; and holding of land plots. In addition, the company provides tourist transportation, management consultancy, marketing, business management, investment management and related consulting, and tourism management consultancy services; operation and ancillary services related to the hospitality industry; consultation and management services of the international hotels marketing; purchasing and project services for hotels, resorts, and spas; and designing, planning, and consultancy services for hotels, resorts and spas, as well as owns and manages the intellectual property. Further, it is involved in the holiday club membership and property holding operations; operation, investment, and rental of retail outlets and offices; and development of residential properties. The company manages 29 hotels and resorts, 63 spas, 72 retail galleries, and 3 golf courses. Banyan Tree Holdings Limited was founded in 1984 and is based in Singapore.

How the Company Makes Money

Banyan Tree Holdings generates revenue through multiple streams associated with its hospitality operations. The primary source of income is the management and ownership of luxury resorts and hotels, where revenue is derived from room bookings, food and beverage sales, and ancillary services such as spa treatments and recreational activities. Additionally, the company earns income from the sale of vacation ownership interests and branded residences, which involves selling ownership of villas and apartments under its various brands. Banyan Tree also benefits from management fees and royalties from properties that it manages but does not own. Strategic partnerships and collaborations with local developers and tourism boards further enhance its revenue potential by expanding its market reach and leveraging local expertise. The company's emphasis on sustainable tourism and unique guest experiences strengthens its brand appeal and customer loyalty, contributing positively to its financial performance.

Banyan Tree Holdings Financial Statement Overview

Summary

Banyan Tree Holdings exhibits strong financial performance with notable revenue growth and improving margins. The balance sheet is stable, though there's room for improvement in leveraging equity more effectively. Cash flow generation is solid, underpinning the firm's operational strength.

Income Statement

Banyan Tree Holdings has shown strong revenue growth over the past few years, with a 16.08% increase from 2023 to 2024. The gross profit margin for 2024 is a healthy 80.92%, and the net profit margin is 11.06%, indicating good profitability. The EBIT margin at 18.87% and EBITDA margin at 29.10% suggest efficient operational management. Overall, the income statement reflects a positive financial trajectory with stable growth and improving profitability.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio of 0.54, indicating a balanced capital structure. However, the equity ratio stands at 40.63%, which is relatively low, suggesting that assets are not heavily financed by equity. The return on equity is 5.63%, showing room for improvement in terms of shareholder returns. While the financial stability is decent, there are potential risks due to the moderate leverage.

Cash Flow

Banyan Tree Holdings has demonstrated robust free cash flow growth, with a significant increase of 81.25% from 2023 to 2024. The operating cash flow to net income ratio is 1.39, and the free cash flow to net income ratio is 0.56, which show that the company generates healthy cash flows relative to its earnings. The cash flow statement reflects strong cash generation capabilities, although there could be improvements in aligning free cash flow more closely with net income.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
455.99M	380.64M	327.91M	271.33M	221.23M	157.83M
	Gross Profit
221.78M	307.95M	160.40M	203.81M	110.49M	111.96M
	EBIT
63.93M	71.86M	65.69M	21.72M	-18.13M	-61.45M
	EBITDA
70.52M	110.79M	95.44M	49.23M	8.18M	-28.10M
	Net Income Common Stockholders
52.28M	42.10M	31.71M	767.00K	-55.19M	-95.84M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
96.01M	115.43M	130.70M	164.94M	186.49M	53.29M
	Total Assets
1.70B	1.84B	1.73B	1.36B	1.42B	1.58B
	Total Debt
410.37M	404.00M	416.20M	450.55M	542.62M	629.23M
	Net Debt
314.35M	288.57M	285.49M	357.75M	430.30M	577.95M
	Total Liabilities
953.54M	1.01B	966.79M	824.17M	885.50M	951.11M
	Stockholders Equity
673.41M	747.27M	690.98M	484.50M	488.25M	566.24M
Cash Flow		Free Cash Flow
-32.54M	23.72M	13.08M	71.91M	112.66M	-28.83M
	Operating Cash Flow
8.80M	58.50M	40.84M	90.89M	119.41M	-19.15M
	Investing Cash Flow
9.61M	-33.17M	6.51M	-17.91M	-5.23M	-9.04M
	Financing Cash Flow
41.88M	-43.19M	-7.66M	-90.93M	-50.52M	-50.56M

Banyan Tree Holdings Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:B58, the sentiment is Positive. The current price of 0.38 is above the 20-day moving average (MA) of 0.36, above the 50-day MA of 0.34, and above the 200-day MA of 0.33, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 68.85 is Neutral, neither overbought nor oversold. The STOCH value of 85.71 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:B58.

Banyan Tree Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
B58	81 Outperform	$329.35M	7.84	5.91%	3.42%	16.08%	32.51%
S85	71 Outperform	S$350.54M	12.89	10.15%	1.22%	-0.77%	6.00%
H07	64 Neutral	S$671.74M	20.36	3.78%	1.11%	-0.57%	-78.98%
Sector *	63 Neutral	$6.98B	11.41	2.80%	4.24%	2.68%	-24.94%
A34	61 Neutral	S$511.72M	278.13	0.47%	0.56%	6.98%	-74.40%
H12		S$220.15M	32.91	0.99%	1.49%	―	―
H18	58 Neutral	S$510.20M	59.50	-1.08%	2.17%	-5.87%	-217.39%

Banyan Tree Holdings Corporate Events

Laguna Resorts Faces Free Float Compliance Challenge

Laguna Resorts & Hotels Public Company Limited has been marked with a ‘Caution – Free Float’ sign by the Stock Exchange of Thailand due to not meeting the required free float threshold. The company has engaged financial and legal advisors to explore alternatives to rectify this issue but faces challenges as major shareholders are concerned about potential dilution and loss of control, which could impact earnings per share and shareholder interests.

Banyan Tree Holdings Convenes 25th Annual General Meeting

Banyan Tree Holdings Limited held its 25th Annual General Meeting at Raffles Hotel Singapore, with key company executives and directors in attendance. The meeting underscored the company’s commitment to maintaining its leadership in the luxury hospitality sector, with discussions likely focusing on strategic directions and operational performance, although specific details were not disclosed.

Laguna Resorts Approves Q1 Financials and Acquires Villas at Banyan Tree Bintan

Laguna Resorts & Hotels Public Company Limited has approved its first-quarter financial statements for 2025 and announced a significant transaction involving the purchase of 37 villas at Banyan Tree Bintan for approximately Baht 368 million (US$10.45 million). This acquisition, classified as a connected transaction, represents 2.35% of the company’s Net Tangible Assets, potentially impacting its financial position and market strategy.

Banyan Tree Holdings Announces Leadership Change

Banyan Tree Holdings Limited has announced a change in its leadership, with Mr. Arnoud De Meyer set to replace Mr. Tan Chian Khong as the Lead Independent Director effective May 1, 2025. Mr. Tan will continue to serve as an Independent Director and Chairman of the Audit and Risk Committee. This leadership change is part of the company’s governance strategy, potentially impacting its operational oversight and strategic direction.

Banyan Tree Holdings Strengthens Governance with Key Appointment

Banyan Tree Holdings has announced the appointment of Mr. Ariel P. Vera as the new Chairman of the Audit, Risk and Corporate Governance Committee, as well as a member of the Nomination and Remuneration Committee, effective April 30, 2025. This strategic appointment is expected to strengthen the company’s oversight capabilities in financial reporting, internal controls, and corporate governance, thereby enhancing its operational integrity and stakeholder confidence.

Laguna Resorts & Hotels Approves 2024 Financials and Dividend Payout

Laguna Resorts & Hotels Public Company Limited, a subsidiary of Banyan Tree Holdings, operates in the hospitality industry, focusing on luxury resorts and hotels. During the 2025 Annual General Meeting, the company resolved to approve the 2024 financial statements and declared a dividend payment of Baht 1.40 per share, amounting to a total of Baht 233,355,781. These decisions reflect the company’s solid financial performance and commitment to shareholder returns.

Banyan Tree Holdings Announces Resignation of Key Director

Banyan Tree Holdings has announced the resignation of Mr. Vudhiphol Suriyabhivadh from his roles as Independent Director, Chairman of the Audit Committee, and member of the Nomination and Remuneration Committee, effective March 18, 2025, due to personal reasons. This change in leadership may impact the company’s governance and audit oversight, as Mr. Suriyabhivadh has been a significant part of the company’s leadership since 2003 and 2007 in his respective roles.

Banyan Tree Expands Stake in Tropical Resorts and Donvale

Banyan Tree Holdings Limited announced that its subsidiary, Laguna Banyan Tree Limited, has acquired significant shares in Tropical Resorts Limited and Donvale Limited. This acquisition increases Banyan Tree’s indirect stake in Tropical Resorts Limited to 65.064%, making it an indirect subsidiary, and strengthens its market position in the luxury resort sector.