Bund Center Investment Ltd (BTE) AI Stock Analysis

• Market Cap: S$288.33M
• Dividend Yield: 3.37%
• Average Volume (3M): 19.52K
• Price to Earnings (P/E): 21.2
• Beta (1Y): 0.31
• Revenue Growth: 0.62%
• EPS Growth: 22.60%
• Country: SG
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 66
• Industry: Real Estate - Services
• EPS (TTM): N/A
• Shares Outstanding: 760,489,870
• 10 Day Avg. Volume: 23,600
• 30 Day Avg. Volume: 19,516
• PEG Ratio: 0.80
• Price to Book (P/B): 0.79
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.69
• 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: 31.58% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 71 Outperform
• Price Target: S$0.50 ▲(31.58%Upside)

Bund Center Investment Ltd scores well due to its robust financial performance, characterized by strong profitability and minimal leverage. Technical analysis shows positive price trends, although caution is warranted due to overbought signals. The valuation is fair, with an attractive dividend yield. The absence of earnings call data and corporate events does not impact the assessment.

Bund Center Investment Ltd Business Overview & Revenue Model

Company Description

Bund Center Investment Ltd (BTE) is an investment holding company primarily engaged in property development and investment. The company operates in the real estate sector, with a focus on the development and management of commercial and hospitality properties. It is known for owning and managing premium office and retail spaces, as well as luxury hotels, primarily located in major urban centers in Asia.

How the Company Makes Money

Bund Center Investment Ltd generates revenue primarily through rental income from its portfolio of commercial and retail properties. The company also earns significant income from its hotel operations, which include room bookings, food and beverage sales, and event hosting. Additionally, BTE may benefit from capital appreciation of its property assets over time. Key revenue streams include lease agreements with tenants, occupancy rates in its hospitality segment, and strategic property sales. Partnerships with international hotel management companies may also enhance its hotel business operations and profitability.

Bund Center Investment Ltd Financial Statement Overview

Summary

Bund Center Investment Ltd exhibits solid financial health with strong profitability margins and a robust balance sheet characterized by minimal leverage and high equity ratios. The company maintains good cash flow management. However, inconsistent revenue growth and a slight decrease in total assets and free cash flow growth could pose areas to monitor.

Income Statement

The company demonstrates a stable gross profit margin at approximately 43.2% in the most recent year, with a slight increase in net profit margin from 13.2% to 16.1%. Revenue growth is moderate at 0.6% year-over-year. EBIT and EBITDA margins are strong at 15.7% and 51.1% respectively, indicating efficient operational management. However, the revenue growth has been inconsistent over the years, which could be a concern.

Balance Sheet

Bund Center Investment Ltd has a very low debt-to-equity ratio of 0.0013, reflecting minimal leverage and a strong equity position. The equity ratio is robust at 89.1%, indicating a solid financial structure with significant shareholder funding relative to total assets. However, total assets have been slightly decreasing over recent years, which could pose a potential risk if the trend continues.

Cash Flow

The company shows strong free cash flow, with a slight decrease of 5.6% from the previous year, maintaining solid cash generation. The operating cash flow to net income ratio is healthy at 2.4, indicating efficient cash management. The free cash flow to net income ratio is very strong at 2.2, underscoring effective cash utilization. However, there is a slight concern over the decrease in free cash flow growth.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	84.41M	83.89M	67.61M	83.23M	68.80M
Gross Profit	36.49M	35.90M	24.40M	32.15M	24.77M
EBITDA	43.15M	32.11M	35.09M	42.58M	36.93M
Net Income	13.56M	11.10M	2.58M	11.53M	9.59M
Balance Sheet
Total Assets	412.89M	409.53M	435.46M	502.10M	488.16M
Cash, Cash Equivalents and Short-Term Investments	168.72M	151.49M	150.63M	174.48M	159.87M
Total Debt	490.00K	630.00K	277.00K	82.00K	23.00K
Total Liabilities	34.75M	34.54M	34.81M	38.15M	36.51M
Stockholders Equity	367.89M	362.04M	386.54M	447.55M	436.27M
Cash Flow
Free Cash Flow	29.72M	31.47M	18.79M	29.78M	18.67M
Operating Cash Flow	32.78M	32.96M	21.39M	33.94M	23.61M
Investing Cash Flow	-3.06M	-4.29M	-2.60M	-4.16M	-3.54M
Financing Cash Flow	-13.94M	-22.36M	-27.70M	-22.79M	-23.97M

Bund Center Investment Ltd 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:BTE, the sentiment is Positive. The current price of 0.38 is above the 20-day moving average (MA) of 0.37, above the 50-day MA of 0.37, and above the 200-day MA of 0.37, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 64.23 is Neutral, neither overbought nor oversold. The STOCH value of 80.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:BTE.

Bund Center Investment Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BTE	71 Outperform	S$288.33M	21.23	3.72%	3.37%	0.62%	22.60%
O10	66 Neutral	€584.22M	9.94	4.28%	3.36%	4.49%	-10.72%
Sector *	65 Neutral	$2.03B	16.81	2.45%	5.19%	-0.30%	1.21%
5IC	64 Neutral	S$152.38M	15.57	3.08%	2.63%	102.45%	22.61%
A30	62 Neutral	S$160.79M	28.80	1.95%	―	13.06%	―
T24	61 Neutral	S$362.52M	152.63	0.20%	2.41%	-36.61%	-52.50%
5JK	61 Neutral	S$270.57M	41.07	0.92%	1.32%	12.04%	18.64%

Bund Center Investment Ltd Corporate Events

Bund Center Investment Ltd Convenes 2025 Annual General Meeting

Bund Center Investment Ltd held its Annual General Meeting on April 25, 2025, at the Orchard Hotel Singapore, with key board members and auditors present. The meeting was chaired by Mr. Frankle Widjaja, who welcomed shareholders and confirmed the quorum, allowing the meeting to proceed. The Notice of the AGM and related documents were distributed to shareholders earlier in April and made available on SGXNET.