Moderate LeverageA D/E of 0.32 indicates conservative leverage, giving the company balance-sheet flexibility to absorb shocks and fund working capital or targeted investments. This reduces refinancing and solvency risk and supports operational continuity over the next several quarters.

Stable Gross MarginA gross margin around 31% shows enduring product or cost advantages at the production level. Even with revenue volatility, a stable gross margin preserves unit economics, enabling quicker margin recovery if volumes rebound and helping sustain long-term profitability improvements.

Solid Cash Conversion RatioA FCF-to-net-income ratio of 0.75 signals the firm can convert accounting profits into cash reasonably well. That structural cash conversion supports debt servicing, selective reinvestment, or working-capital needs and provides a durable buffer despite near-term revenue pressure.

Bears Say

Sharp Revenue DeclineA >25% revenue decline materially reduces scale and weakens fixed-cost absorption, harming operating leverage. Persistently lower top-line pressures can erode market position, reduce bargaining power with suppliers and distributors, and make margin recovery slower over multiple quarters.

Very Thin Net MarginA net margin near 1% leaves minimal buffer for cost shocks or revenue shortfalls, limiting retained earnings and reinvestment capacity. Structurally thin profitability makes returns to shareholders weak and constrains the company’s ability to scale profitably without operational changes.

Weak Operating Cash GenerationOperating cash conversion at 0.07 and negative FCF growth show persistent cash-generation weakness. That restricts funding for capex, working capital and debt repayment, increasing reliance on external financing and limiting strategic flexibility over the medium term.

Koda Ltd. News

Koda Moves to Replace Deloitte With Forvis Mazars to Cut Audit Costs

The latest update is out from Koda Ltd. ( ($SG:BJZ) ). Koda Ltd plans to replace long-time auditor...

6d ago

BJZ

Koda Ltd Releases AGM Minutes Following Successful Meeting

The latest update is out from Koda Ltd. ( ($SG:BJZ) ). Koda Ltd held its Annual General Meeting...

4M ago

BJZ

Koda Ltd Addresses Shareholder Inquiries at AGM

The latest update is out from Koda Ltd. ( ($SG:BJZ) ). Koda Ltd, a company incorporated in Singapore,...

5M ago

BJZ

Koda Ltd Reshuffles Board Amid Governance Focus

Koda Ltd. (SG:BJZ) has released an update. Koda Ltd has announced a significant reshuffle in its board and...

1y ago

BJZ

BJZ FAQ

What was Koda Ltd.’s price range in the past 12 months?

Koda Ltd. lowest share price was S$0.19 and its highest was S$0.36 in the past 12 months.

What is Koda Ltd.’s market cap?

Koda Ltd.’s market cap is S$26.58M.

When is Koda Ltd.’s upcoming earnings report date?

Koda Ltd.’s upcoming earnings report date is Aug 27, 2026 which is in 165 days.

How were Koda Ltd.’s earnings last quarter?

Koda Ltd. released its earnings results on Feb 12, 2026. The company reported S$0.018 earnings per share for the quarter, beating the consensus estimate of N/A by S$0.018.

Is Koda Ltd. overvalued?

According to Wall Street analysts Koda Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Koda Ltd. pay dividends?

Koda Ltd. does not currently pay dividends.

What is Koda Ltd.’s EPS estimate?

Koda Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Koda Ltd. have?

Koda Ltd. has 83,237,854 shares outstanding.

What happened to Koda Ltd.’s price movement after its last earnings report?

Koda Ltd. reported an EPS of S$0.018 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Koda Ltd.?

Currently, no hedge funds are holding shares in SG:BJZ

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Koda Ltd.

Koda Ltd designs, manufactures, sells, and export wood furniture and fixtures in the Asia-Pacific, North America, Europe, and internationally. It operates in two segments, Manufacturing, and Retail and Distribution. The company offers metal, glass, fabric, wood, stone, and leather furniture. It sells furniture to the wholesale market and directly to customers through retail outlets. Koda Ltd was founded in 1972 and is headquartered in Singapore.