Baker Technology Limited (BTP) AI Stock Analysis

• Market Cap: S$109.55M
• Dividend Yield: 3.7%
• Average Volume (3M): 22.80K
• Price to Earnings (P/E): 6.6
• Beta (1Y): 0.47
• Revenue Growth: -40.02%
• EPS Growth: -176.13%
• Country: SG
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): -0.09
• Shares Outstanding: 202,877,940
• 10 Day Avg. Volume: 14,220
• 30 Day Avg. Volume: 22,800
• 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: -7.41% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: S$0.50 ▼(-7.41% Downside)

Baker Technology Limited's overall stock score is primarily driven by its strong financial performance, characterized by robust profitability and financial stability. However, the technical analysis indicates a neutral market sentiment, and the valuation raises concerns due to a negative P/E ratio, which impacts the overall score.

Baker Technology Limited Business Overview & Revenue Model

Company Description

Baker Technology Limited, an investment holding company, manufactures and provides specialized marine offshore equipment and services for the oil and gas industry in Singapore, China, rest of the Asia Pacific, Africa, the Middle East, the Americas, and Europe. It engages in the design, construction, operation, and chartering of mobile offshore units and offshore supply vessels. The company also designs and constructs various critical equipment and components, such as offshore pedestal cranes, anchor winches, elevating systems, skidding and jacking systems, raw water tower structures and winches, wind turbine installation equipment, and mechanical handling equipment for the offshore marine and renewables industry. In addition, it provides offshore marine logistics support, engineering, and steel products and components fabrication services; and other services, such as ship and project management, quality assurance and construction supervision, and maintenance and repair services. The company was formerly known as Wassall Asia Pacific Limited and changed its name to Baker Technology Limited in July 2000. Baker Technology Limited was incorporated in 1981 and is based in Singapore.

How the Company Makes Money

Baker Technology Limited generates revenue through the sale and leasing of its proprietary oil and gas extraction equipment and systems. The company earns money by providing comprehensive maintenance and support services, ensuring optimal performance and longevity of its products. BTP also engages in strategic partnerships with major oil and gas companies, facilitating joint ventures and collaborative projects that drive additional revenue. The company's earnings are bolstered by its focus on innovation, continually developing new technologies that meet the evolving needs of the industry.

Baker Technology Limited Financial Statement Overview

Summary

Baker Technology Limited shows strong financial performance with a high net profit margin and healthy EBIT and EBITDA margins. The balance sheet is robust with low leverage, and cash flow indicates strong cash generation and effective capital allocation.

Income Statement

Baker Technology Limited demonstrated a robust performance in 2024, with a significant increase in net income and EBIT. The company achieved a net profit margin of 19.73% and a gross profit margin of 38.89%, showing strong profitability. Revenue growth from 2023 was modest at 0.66%, indicating stability in revenue generation. The EBIT and EBITDA margins were healthy at 14.42% and 28.62%, respectively, showcasing efficient operations and cost management.

Balance Sheet

The company maintained a strong balance sheet with a debt-to-equity ratio of 0.06, indicating low leverage and financial risk. The return on equity was impressive at 7.72%, reflecting effective utilization of shareholder funds. The equity ratio stood at 80.28%, highlighting solid capital structure and financial stability.

Cash Flow

Cash flow analysis shows a positive trend in free cash flow with a growth rate of 28.08% from 2023 to 2024. The operating cash flow to net income ratio was 2.17, indicating strong cash-generating ability relative to net earnings. Free cash flow to net income ratio was 1.84, suggesting efficient cash management and investment capacity.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	92.02M	91.42M	98.50M	69.50M	63.16M
Gross Profit	35.79M	28.04M	31.81M	18.18M	8.83M
EBITDA	35.04M	17.83M	25.65M	21.85M	-7.59M
Net Income	18.17M	8.29M	13.40M	5.89M	-13.80M
Balance Sheet
Total Assets	293.18M	279.45M	271.74M	266.25M	263.50M
Cash, Cash Equivalents and Short-Term Investments	114.58M	90.25M	73.20M	59.76M	44.32M
Total Debt	14.19M	16.18M	11.28M	15.08M	17.56M
Total Liabilities	32.14M	36.86M	29.74M	33.80M	35.81M
Stockholders Equity	235.33M	218.61M	212.86M	201.09M	194.05M
Cash Flow
Free Cash Flow	33.47M	26.13M	18.05M	9.38M	-4.05M
Operating Cash Flow	39.43M	29.59M	19.20M	11.67M	2.61M
Investing Cash Flow	-10.26M	-8.38M	-1.77M	5.15M	-2.95M
Financing Cash Flow	-5.08M	-4.26M	-4.81M	-2.48M	478.00K

Baker Technology Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.54
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BTP, the sentiment is Negative. The current price of 0.54 is below the 20-day moving average (MA) of 0.54, below the 50-day MA of 0.55, and below the 200-day MA of 0.56, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.28 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:BTP.

Baker Technology Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BTP	61 Neutral	S$109.55M	6.64	-5.60%	3.70%	-40.02%	-176.13%
5G2	59 Neutral	S$62.83M	36.40	0.53%	2.34%	18.61%	―
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%