Baker Technology Limited (BTP) AI Stock Analysis

• Market Cap: S$112.60M
• Dividend Yield: 4%
• Average Volume (3M): 22.90K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.48
• 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: 20,710
• 30 Day Avg. Volume: 22,903
• PEG Ratio: 0.06
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 1.34
• P/FCF Ratio: 3.70
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: S$0.50 ▼(-7.41% Downside)

Baker Technology Limited's overall stock score is primarily impacted by its financial challenges, including declining revenue, profitability, and cash flow. The technical analysis indicates bearish momentum, and the valuation metrics highlight concerns with a negative P/E ratio. While the balance sheet is stable, the company's operational inefficiencies and financial stress are significant risks.

Positive Factors

Investment Portfolio Enhancement

The increase in quoted investments suggests a strategic effort to diversify income sources and strengthen financial stability, potentially enhancing long-term market positioning.

Low Leverage

A low debt-to-equity ratio indicates conservative leverage, which enhances financial flexibility and reduces risk, supporting long-term sustainability.

Strong Capital Structure

A strong equity ratio reflects a solid capital structure, providing a buffer against financial volatility and supporting long-term growth initiatives.

Negative Factors

Declining Revenue

Declining revenue suggests challenges in maintaining market share and competitiveness, potentially impacting long-term growth and profitability.

Negative Profitability

Negative profitability indicates operational inefficiencies and financial stress, which can hinder reinvestment and strategic growth over time.

Declining Free Cash Flow

A significant decline in free cash flow raises concerns about the company's ability to fund operations and invest in growth, impacting long-term financial health.

Baker Technology Limited Business Overview & Revenue Model

Company Description

Baker Technology Limited (BTP) is a Singapore-based company specializing in the provision of engineering solutions and services to the oil and gas industry. Established to cater to the evolving needs of offshore and marine sectors, BTP offers a range of products including drilling rigs, offshore support vessels, and specialized engineering services. The company is also involved in developing innovative technologies aimed at enhancing operational efficiency and safety within the energy sector.

How the Company Makes Money

Baker Technology Limited generates revenue primarily through the sale and leasing of its engineering products and services. Key revenue streams include the manufacturing and sale of drilling rigs and offshore support vessels, which are sold to exploration and production companies in the oil and gas sector. Additionally, the company earns income from providing specialized engineering services, including design, consultation, and project management for offshore projects. Significant partnerships with major oil and gas operators and service companies bolster its revenue, as these collaborations often lead to long-term contracts and repeat business. The company's focus on innovation and technology development also allows it to tap into new markets and enhance its service offerings, contributing to its overall earnings.

Baker Technology Limited Financial Statement Overview

Summary

Baker Technology Limited is facing financial challenges with declining revenue and profitability, as well as a significant drop in free cash flow. While the balance sheet remains stable with low leverage, the negative return on equity and declining cash flow generation highlight potential risks. The company needs to address operational inefficiencies and improve cash flow to enhance its financial health.

Income Statement

Baker Technology Limited's income statement shows a challenging financial position with declining revenue and profitability. The TTM data indicates a significant drop in revenue by 19% and a negative net profit margin of -19.64%. The gross profit margin has also decreased to 26.01% from 38.89% in the previous year. The company is experiencing negative EBIT and net income, reflecting operational inefficiencies and financial stress.

Balance Sheet

The balance sheet of Baker Technology Limited remains relatively stable with a low debt-to-equity ratio of 0.06, indicating conservative leverage. However, the return on equity has turned negative at -5.52%, suggesting inefficiencies in generating returns from shareholder equity. The equity ratio remains strong at approximately 77.89%, indicating a solid capital structure.

Cash Flow

The cash flow statement reveals a mixed performance. The operating cash flow to net income ratio is 0.65, indicating moderate cash generation relative to net income. However, free cash flow has declined significantly by 68.88% in the TTM period, raising concerns about the company's ability to generate cash from operations. The free cash flow to net income ratio is 0.49, suggesting limited cash flow coverage.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	62.63M	92.02M	91.42M	98.50M	69.50M	63.16M
Gross Profit	16.29M	35.79M	28.04M	31.81M	18.18M	8.83M
EBITDA	7.77M	35.04M	17.83M	25.65M	17.94M	-7.59M
Net Income	-12.30M	18.17M	8.29M	13.40M	5.89M	-13.80M
Balance Sheet
Total Assets	269.98M	293.18M	279.45M	271.74M	266.25M	263.50M
Cash, Cash Equivalents and Short-Term Investments	101.95M	114.58M	90.25M	73.20M	59.76M	44.32M
Total Debt	13.23M	14.19M	16.18M	11.28M	15.08M	17.56M
Total Liabilities	28.32M	32.14M	36.86M	29.74M	33.80M	35.81M
Stockholders Equity	210.26M	235.33M	218.61M	212.86M	201.09M	194.05M
Cash Flow
Free Cash Flow	6.17M	33.47M	26.13M	18.05M	9.38M	-4.05M
Operating Cash Flow	12.51M	39.43M	29.59M	19.20M	11.67M	2.61M
Investing Cash Flow	13.19M	-10.26M	-8.38M	-1.77M	5.15M	-2.95M
Financing Cash Flow	-1.31M	-5.08M	-4.26M	-4.81M	-2.48M	478.00K

Baker Technology Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.54
• 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:BTP, the sentiment is Positive. The current price of 0.54 is above the 20-day moving average (MA) of 0.52, above the 50-day MA of 0.52, and below the 200-day MA of 0.54, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 68.50 is Neutral, neither overbought nor oversold. The STOCH value of 65.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:BTP.

Baker Technology Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
C9Q	55 Neutral	S$97.92M	9.36	2.82%	―	-17.82%	-75.83%
DU4	55 Neutral	S$236.34M	21.55	5.18%	―	2.00%	-28.40%
5G2	52 Neutral	S$64.24M	36.40	3.36%	2.50%	18.61%	―
BTP	48 Neutral	S$112.60M	-9.16	-5.60%	4.00%	-40.02%	-176.13%