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Advanced Holdings Ltd.
(SGX:BLZ)
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Rating:49Neutral
Price Target:
S$0.16
▲(14.29% Upside)
Action:Reiterated
Date:07/01/26
The score is held down primarily by weak financial performance—multi-year losses, negative gross profit, and continued negative operating/free cash flow despite some improvement in 2025. Technicals are a relative bright spot with price above major moving averages, but high volatility and loss-driven valuation limit the overall score.
Positive Factors
Moderate, improving leverage
Balance-sheet leverage has fallen to roughly 0.19 in 2025 from ~0.27 in 2024, keeping debt below historical peers' risk thresholds. Sustained moderate leverage preserves financial optionality, lowers solvency risk, and supports the company's capacity to withstand cyclical industry downturns without immediate refinancing pressure.
Negative Factors
Prolonged net losses
The company reported consecutive net losses from 2021 through 2025, indicating structural profitability challenges. Persistent losses deplete equity, constrain reinvestment, and limit internal funding for growth initiatives, making recovery contingent on durable margin improvement or external capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate, improving leverage
Balance-sheet leverage has fallen to roughly 0.19 in 2025 from ~0.27 in 2024, keeping debt below historical peers' risk thresholds. Sustained moderate leverage preserves financial optionality, lowers solvency risk, and supports the company's capacity to withstand cyclical industry downturns without immediate refinancing pressure.
Read all positive factors
Advanced Holdings Ltd. (BLZ) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$13.77M
Dividend YieldN/A
Average Volume (3M)4.46K
Price to Earnings (P/E)―
Beta (1Y)1.96
Revenue Growth41.69%
EPS Growth-8.97%
CountrySG
EmployeesN/A
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)-0.04
Shares Outstanding103,521,700
10 Day Avg. Volume920
30 Day Avg. Volume4,456
Financial Highlights & Ratios
PEG Ratio-0.44
Price to Book (P/B)0.48
Price to Sales (P/S)2.09
P/FCF Ratio-27.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Advanced Holdings Ltd. Business Overview & Revenue Model
Company Description
Advanced Holdings Ltd., an investment holding firm founded in Singapore in 1993, focuses on designing, manufacturing, and marketing an extensive range of products and solutions for the petrochemical, oil and gas, and chemical industries. The compa...
Advanced Holdings Ltd. Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
58
Neutral
Cash Flow
35
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 91.44M | 6.28M | 4.18M | 6.92M | 13.27M | 10.15M |
| Gross Profit | 21.75M | -517.00K | -179.00K | 411.00K | 2.52M | 3.88M |
| EBITDA | -672.00K | -2.73M | -2.44M | -3.93M | -600.00K | -2.80M |
| Net Income | -2.90M | -3.20M | -2.93M | -3.58M | -6.26M | -2.34M |
Balance Sheet | ||||||
| Total Assets | 89.00M | 31.86M | 38.35M | 43.07M | 41.61M | 78.48M |
| Cash, Cash Equivalents and Short-Term Investments | 16.16M | 23.48M | 27.09M | 30.95M | 23.07M | 19.25M |
| Total Debt | 9.08M | 5.14M | 8.13M | 5.77M | 3.02M | 10.79M |
| Total Liabilities | 47.27M | 6.03M | 8.70M | 9.57M | 4.74M | 34.50M |
| Stockholders Equity | 42.65M | 27.23M | 30.35M | 33.28M | 36.79M | 43.91M |
Cash Flow | ||||||
| Free Cash Flow | -8.30M | -473.00K | -5.94M | -5.16M | 1.34M | -5.06M |
| Operating Cash Flow | -7.83M | -353.00K | -5.23M | -846.00K | 2.89M | -165.00K |
| Investing Cash Flow | -5.48M | -120.00K | -822.00K | 8.47M | 5.95M | -10.20M |
| Financing Cash Flow | -1.66M | -2.96M | 2.28M | 94.00K | -5.11M | -1.86M |
Advanced Holdings Ltd. Technical Analysis
Positive
0.14
Price Trends
0.13
Positive
0.13
Positive
0.14
Positive
Market Momentum
<0.01
Positive
51.52
Neutral
19.23
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BLZ, the sentiment is Positive. The current price of 0.14 is below the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.13, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.52 is Neutral, neither overbought nor oversold. The STOCH value of 19.23 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:BLZ.
Advanced Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | S$439.16M | 4.42 | 41.48% | ― | -6.04% | 33.67% | |
66 Neutral | S$151.45M | 19.27 | 19.38% | 2.11% | -12.27% | -54.40% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
56 Neutral | S$198.53M | 15.64 | 5.70% | ― | -19.38% | 24.53% | |
49 Neutral | S$13.77M | -4.24 | -9.72% | ― | 41.69% | -8.97% | |
48 Neutral | S$52.95M | -6.00 | -19.12% | 2.50% | -1.42% | -3225.00% |
* Energy Sector Average
SG:BLZ
Advanced Holdings Ltd.
0.14
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74.36%
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Advanced Holdings Ltd. Corporate Events
Advanced Holdings Faces Shareholder Scrutiny Over Indonesia Agribusiness Pivot
May 22, 2026
Advanced Holdings Ltd. provided a detailed account of its 22nd annual general meeting, where shareholders questioned management on the group’s strategic pivot from oil and gas into Indonesia’s corn processing industry, recent losses, d...
Advanced Holdings Reshapes Board With New Chairman and Independent Director
Apr 28, 2026
Advanced Holdings Ltd. has announced a leadership transition at board level, with BG (Ret) Lim Yeow Beng set to step down as independent and non-executive chairman, and from his roles on the audit, nominating and remuneration committees, effective...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.