CSC Holdings Limited (C06) AI Stock Analysis

• Market Cap: S$49.95M
• Dividend Yield: N/A
• Average Volume (3M): 5.31M
• Price to Earnings (P/E): 28.0
• Beta (1Y): 0.27
• Revenue Growth: 10.64%
• EPS Growth: N/A
• Country: SG
• Employees: 1,400
• Sector: Industrials
• Sector Strength: 93
• Industry: Engineering & Construction
• EPS (TTM): 0.00
• Shares Outstanding: 3,588,348,100
• 10 Day Avg. Volume: 13,020,480
• 30 Day Avg. Volume: 5,313,576
• PEG Ratio: 0.16
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.43
• 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

• Rating: 53 Neutral
• Price Target: S$0.00 ▼(-100.00%Downside)

The overall stock score reflects the company's financial performance, with significant emphasis on revenue growth amidst profitability and leverage concerns. Technical analysis shows positive price trends but an overbought RSI, while a high P/E ratio without a dividend yield impacts the valuation negatively.

CSC Holdings Limited Business Overview & Revenue Model

Company Description

CSC Holdings Limited, an investment holding company, provides foundation and geotechnical, and ground engineering solutions in Singapore, Malaysia, Thailand, India, and internationally. It operates through two segments, Foundation and Geotechnical Engineering, and Sales and Lease of Equipment. The company offers civil engineering, piling, foundation and geotechnical engineering, soil investigation, land surveying, and other related services. It also engages in the construction and installation of large diameter bored piles, diaphragm walls, ground improvement works, driven piles, jack-in piles, micro piles, pile testing and instrumentation, and automatic underground tunnel monitoring and engineering survey activities. In addition, the company provides laboratory testing, geotechnical instrumentation and monitoring, tunnel and structural deformation monitoring surveying, and tunneling surveying services. Further, it is involved in the property investment, development, management, and other related activities, as well as real estate activities with owned or leased properties; trading and rental of piling hammers, other foundation equipment, machinery, and other related services; sale and subletting of land; fabrication, repair, and maintenance of heavy machinery; and wholesale trading of equipment, spare parts, and consumable items. Additionally, the company rents and sells foundation engineering equipment, machinery, and spares parts; and trades in and rents construction equipment and related parts. It provides solutions for private and public sector works, including residential, commercial, industrial, and infrastructure projects. The company was founded in 1975 and is based in Singapore.

How the Company Makes Money

CSC Holdings Limited generates revenue primarily through subscription-based services in its telecommunications segment, which includes broadband internet, cable television, and voice services. The company earns a significant portion of its income from monthly subscription fees charged to residential and business customers. Additionally, advertising revenue from its media operations and strategic partnerships with content providers contribute to its earnings. Other revenue streams include fees for premium content, such as on-demand video services, and sales of telecommunication equipment. The company's ability to bundle services often results in increased customer retention and higher average revenue per user (ARPU).

CSC Holdings Limited Financial Statement Overview

Summary

CSC Holdings Limited has shown revenue growth but faces challenges with profitability and leverage. Improved margins and debt management are necessary for better financial stability.

Income Statement

The company's revenue has shown positive growth in recent years, with a significant increase in 2025. However, profitability remains a concern, with low net profit margins and inconsistent EBIT and EBITDA margins. The gross profit margin has improved, indicating better cost management.

Balance Sheet

The company's debt-to-equity ratio is relatively high, indicating significant leverage, which could pose a risk. However, the equity ratio is stable, and there has been some improvement in stockholders' equity over time. Return on equity is low, reflecting challenges in generating returns for shareholders.

Cash Flow

Operating cash flow is positive and has generally improved, but free cash flow growth is inconsistent. The company maintains a reasonable ratio of operating cash flow to net income, yet the free cash flow to net income ratio highlights variability.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	337.81M	305.34M	264.60M	268.74M	178.33M
Gross Profit	35.38M	14.28M	6.29M	27.72M	10.87M
EBITDA	31.85M	10.65M	4.06M	29.12M	17.44M
Net Income	1.88M	-20.16M	-26.68M	661.00K	-10.96M
Balance Sheet
Total Assets	396.30M	372.32M	382.62M	344.10M	325.51M
Cash, Cash Equivalents and Short-Term Investments	19.05M	18.81M	22.80M	34.36M	34.45M
Total Debt	139.17M	136.96M	136.69M	95.02M	81.42M
Total Liabilities	288.94M	267.01M	258.26M	198.54M	177.82M
Stockholders Equity	81.27M	80.23M	99.05M	119.86M	120.46M
Cash Flow
Free Cash Flow	2.86M	9.31M	-4.37M	3.60M	16.68M
Operating Cash Flow	12.04M	17.44M	5.15M	18.25M	22.63M
Investing Cash Flow	-3.69M	-7.27M	-5.75M	-12.39M	6.47M
Financing Cash Flow	-7.92M	-10.90M	-12.42M	-5.66M	-11.97M

CSC Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$11.05B	15.76	5.13%	1.92%	3.11%	-24.90%
C06	53 Neutral	S$49.95M	28.00	2.33%	―	10.64%	―
1J4	―	S$113.69M	36.18	3.99%	―	―	―
41B	―	S$67.35M	4.12	15.69%	2.89%	―	―
BFI	―	S$47.03M	15.69	3.87%	―	―	―
E3B	73 Outperform	S$625.09M	10.77	8.58%	0.71%	-10.70%	-45.35%
MR7	72 Outperform	S$160.91M	9.47	14.17%	4.17%	-1.41%	9.50%

CSC Holdings Limited Corporate Events

CSC Holdings Limited Addresses Shareholder Concerns Amid Strong Order Book

CSC Holdings Limited addressed shareholder concerns regarding its share price, which has been trading at a significant discount to its net asset value. The company clarified that it is not in financial distress, citing positive cash flows and a strong order book. Management is committed to improving fundamentals through cost control and securing quality contracts, while exploring strategic initiatives like share buybacks and business development to enhance shareholder value. As of July 2025, CSC’s order book stands at approximately S$290 million, reflecting its ongoing operational strength.

CSC Holdings Raises S$16.52 Million Through Successful Digital Securities Issuance

CSC Holdings Limited has successfully closed and fully subscribed its 3-month Series 007 and 6-month Series 002 commercial papers in digital securities on the SDAX platform, raising a total of S$16.52 million. The issuance received strong demand from accredited and institutional investors, with significant participation from certain directors and key individuals, indicating robust investor confidence and potentially strengthening the company’s financial position.

CSC Holdings Launches New Digital Securities on SDAX

CSC Holdings Limited has launched two new series of commercial papers in digital securities on the SDAX platform. The 3-month Series 007 is priced at an interest rate of 4.95% per annum, while the 6-month Series 002 is priced at 5.20% per annum. The company aims to raise between S$7 million and S$10 million from accredited and institutional investors through these issuances.