Ellipsiz Ltd (BIX) AI Stock Analysis

• Market Cap: S$44.17M
• Dividend Yield: 3.77%
• Average Volume (3M): 47.66K
• Price to Earnings (P/E): 34.0
• Beta (1Y): 0.51
• Revenue Growth: 4.89%
• EPS Growth: N/A
• Country: SG
• Employees: 104
• Sector: Technology
• Sector Strength: 83
• Industry: Semiconductors
• EPS (TTM): 0.00
• Shares Outstanding: 167,128,190
• 10 Day Avg. Volume: 78,990
• 30 Day Avg. Volume: 47,660
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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$0.50
• Price Target Upside: 78.57% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 63 Neutral
• Price Target: S$0.50 ▲(78.57% Upside)

Ellipsiz Ltd's stock score is driven by its solid financial position and positive technical indicators. However, high valuation and cash flow challenges are significant concerns. The stock's upward trend is a positive, but potential overvaluation and cash flow issues warrant caution.

Ellipsiz Ltd Business Overview & Revenue Model

Company Description

Ellipsiz Ltd, an investment holding company, distributes various manufacturing, testing, and inspection/measurement equipment to the semiconductor, electronics manufacturing, and telecommunication industries. The company operates through Distribution and Services Solutions; Automated Precision System Solutions; and Property Investment and Development segments. The Distribution and Services Solutions segment provides solutions for in-circuit and functional testing; distributes and trades in scientific instruments and electronic equipment; offers related technical and support services; and trades in consumable products. The Automated Precision System Solutions segment offers customized systems and solutions for test automation; high precision automated assembly process for fiber and lens; and automated wafer level testing services. The Property Investment and Development segment invests in and develops properties. In addition, the company engages in sales and service support for semiconductor assembly, and electronics manufacturing testing products; provision of commission agent services; provision of engineering services; and provision and distribution of fresh eggs. It serves semiconductor, electronic manufacturing, aerospace, oil and gas industries, hospitals, pharmaceutical, and food processing industries. The company operates in Singapore, Malaysia, China, Taiwan, Indonesia, and internationally. Ellipsiz Ltd was formerly known as SingaTrust Ltd. The company was founded in 1992 and is headquartered in Singapore. Ellipsiz Ltd is a subsidiary of Bevrian Pte Ltd.

How the Company Makes Money

Ellipsiz Ltd generates revenue through multiple channels, primarily by selling semiconductor equipment and providing related services. Key revenue streams include the distribution of test and measurement instruments, maintenance services, and consulting for semiconductor manufacturing processes. The company also benefits from strategic partnerships with major technology manufacturers, allowing it to offer a wide range of products and solutions tailored to the needs of its customers. Additionally, Ellipsiz’s focus on providing integrated solutions enhances its value proposition, driving customer loyalty and repeat business.

Ellipsiz Ltd Financial Statement Overview

Summary

Ellipsiz Ltd shows moderate revenue growth and improved net profit margin, indicating a turnaround in profitability. The strong balance sheet with low leverage is a positive, but cash flow challenges need addressing to ensure sustainable growth.

Income Statement

Ellipsiz Ltd has shown a moderate revenue growth rate of 4.89% in the latest year, with a stable gross profit margin of 21.20%. The net profit margin improved significantly from a negative position in 2024 to 6.29% in 2025, indicating a turnaround in profitability. However, the EBIT and EBITDA margins remain relatively low, suggesting room for operational efficiency improvements.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.03, indicating minimal leverage and financial risk. The return on equity improved to 3.85%, reflecting better utilization of equity. However, the equity ratio is not explicitly calculated, but the strong equity base suggests financial stability.

Cash Flow

Cash flow performance is a concern, with a significant decline in free cash flow growth and a negative free cash flow to net income ratio. The operating cash flow to net income ratio is low at 0.06, indicating potential challenges in converting profits into cash.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	57.76M	55.06M	59.14M	55.59M	54.51M
Gross Profit	12.24M	11.56M	11.67M	12.15M	12.15M
EBITDA	3.45M	-3.36M	2.65M	5.06M	2.20M
Net Income	3.63M	-3.84M	2.05M	2.75M	3.05M
Balance Sheet
Total Assets	131.24M	125.97M	140.52M	143.89M	137.77M
Cash, Cash Equivalents and Short-Term Investments	52.21M	54.87M	55.19M	61.68M	64.40M
Total Debt	2.78M	922.00K	932.00K	1.00M	908.00K
Total Liabilities	29.56M	16.23M	20.79M	22.23M	17.01M
Stockholders Equity	94.36M	99.30M	107.17M	113.64M	113.72M
Cash Flow
Free Cash Flow	-3.50M	-69.00K	-518.00K	3.83M	-662.00K
Operating Cash Flow	1.66M	151.00K	371.00K	4.38M	56.00K
Investing Cash Flow	-1.87M	2.02M	-9.46M	-3.45M	-8.86M
Financing Cash Flow	-2.55M	-2.42M	3.02M	-3.61M	-1.98M

Ellipsiz Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.28
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BIX, the sentiment is Positive. The current price of 0.28 is above the 20-day moving average (MA) of 0.26, above the 50-day MA of 0.25, and above the 200-day MA of 0.20, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 69.40 is Neutral, neither overbought nor oversold. The STOCH value of 58.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:BIX.

Ellipsiz Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BIX	63 Neutral	S$44.17M	33.97	2.00%	3.77%	4.89%	―
Sector *	61 Neutral	$35.52B	8.84	-11.06%	1.87%	8.55%	-8.14%
MCRNF	―	$193.31M	20.36	25.77%	3.17%	―	―
UMSSF	―	$784.54M	26.70	9.87%	―	―	―
AWX	57 Neutral	S$482.60M	35.40	2.87%	―	4.60%	―
AYN	―	S$47.48M	4.77	15.66%	―	―	―
JLB	64 Neutral	S$317.24M	32.40	7.60%	0.32%	47.45%	51.05%

Ellipsiz Ltd Corporate Events

Ellipsiz Ltd to Launch Indoor Golf Simulator Centers in Singapore

Ellipsiz Ltd, through its subsidiary E Golfing Pte. Ltd., is set to open indoor golf simulator centers at Orchid Country Club and Downtown East in Singapore on 31 May 2025. This development, in collaboration with UPlay Ventures Pte. Ltd., marks a significant step in expanding their presence in the indoor sports entertainment market.