CSC Holdings Limited (C06) AI Stock Analysis

• Market Cap: S$57.09M
• Dividend Yield: 2.5%
• Average Volume (3M): 3.93M
• Price to Earnings (P/E): 80.0
• Beta (1Y): 0.06
• Revenue Growth: 20.81%
• EPS Growth: N/A
• Country: SG
• Employees: 1,400
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.00
• Shares Outstanding: 3,588,348,100
• 10 Day Avg. Volume: 7,507,379
• 30 Day Avg. Volume: 3,929,923
• PEG Ratio: -0.17
• Price to Book (P/B): 0.43
• Price to Sales (P/S): 0.10
• P/FCF Ratio: 12.24
• 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: 51 Neutral
• Price Target: S$0.02 ▼(-25.00% Downside)

The overall stock score reflects significant financial challenges, including high leverage and liquidity concerns, despite some recovery in revenue and gross margins. Technical indicators suggest a bearish trend with potential for price correction. The high P/E ratio raises valuation concerns, partially mitigated by a moderate dividend yield.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion.

Business Model

A diversified revenue model with subscription services provides stable cash flow and reduces reliance on a single income source.

Cost Management

Improved cost management enhances profitability potential, allowing for reinvestment in growth and competitive positioning.

Negative Factors

Profitability Concerns

Low profitability margins can limit reinvestment capabilities and shareholder returns, posing a challenge to long-term financial health.

Leverage Risk

High leverage increases financial risk and can constrain operational flexibility, impacting long-term sustainability.

Free Cash Flow Variability

Inconsistent free cash flow can affect the company's ability to fund operations and growth initiatives, posing a risk to financial stability.

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 through multiple streams, primarily from its telecommunications services, which include mobile and fixed-line services, internet connectivity, and data solutions for both residential and commercial customers. Additionally, the company earns income from its media division, which encompasses digital content distribution, advertising, and broadcasting services. Strategic partnerships with technology firms and content providers further bolster its revenue, enabling the company to offer bundled services and enhance customer loyalty. The company's investment in innovative technologies and infrastructure development also positions it to capitalize on emerging market trends, contributing to its overall financial performance.

CSC Holdings Limited Financial Statement Overview

Summary

CSC Holdings Limited shows signs of recovery with revenue growth and improved gross margins. However, profitability remains a challenge with low net margins and high leverage. The balance sheet reflects significant debt, posing financial risks. Cash flow metrics indicate liquidity concerns, necessitating careful cash management.

Income Statement

CSC Holdings Limited has shown a positive revenue growth rate of 3.75% in the latest year, indicating a recovery from previous declines. The gross profit margin improved to 10.47%, reflecting better cost management. However, the net profit margin remains low at 0.56%, suggesting limited profitability. The EBIT and EBITDA margins have improved, but still indicate room for operational efficiency improvements.

Balance Sheet

The company's debt-to-equity ratio is high at 1.71, indicating significant leverage which could pose financial risks. Return on equity is low at 2.32%, reflecting limited returns for shareholders. The equity ratio is moderate, suggesting a balanced asset financing structure but with potential vulnerability due to high debt levels.

Cash Flow

Free cash flow has decreased significantly by 52.49%, which is concerning for liquidity. The operating cash flow to net income ratio is low at 0.05, indicating potential cash flow challenges. The free cash flow to net income ratio is also low at 0.24, highlighting limited cash generation relative to earnings.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	337.81M	337.81M	305.34M	264.60M	268.74M	178.33M
Gross Profit	35.38M	35.38M	14.28M	6.29M	27.72M	10.87M
EBITDA	25.35M	31.85M	10.65M	4.06M	34.24M	17.44M
Net Income	1.88M	1.88M	-20.16M	-26.68M	661.00K	-10.96M
Balance Sheet
Total Assets	396.30M	396.30M	372.32M	382.62M	344.10M	325.51M
Cash, Cash Equivalents and Short-Term Investments	19.05M	19.05M	18.81M	22.80M	34.36M	34.45M
Total Debt	139.17M	139.17M	136.96M	136.69M	95.02M	81.42M
Total Liabilities	288.94M	288.94M	267.01M	258.26M	198.54M	177.82M
Stockholders Equity	81.27M	81.27M	80.23M	99.05M	119.86M	120.46M
Cash Flow
Free Cash Flow	2.86M	2.86M	9.31M	-4.37M	3.60M	16.68M
Operating Cash Flow	12.04M	12.04M	17.44M	5.15M	18.25M	22.63M
Investing Cash Flow	-3.69M	-3.69M	-7.27M	-5.75M	-12.39M	6.47M
Financing Cash Flow	-7.92M	-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
MR7	78 Outperform	S$164.79M	9.84	13.44%	1.84%	13.35%	20.00%
E3B	66 Neutral	S$739.99M	27.76	4.06%	11.07%	5.49%	-86.00%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
C06	51 Neutral	S$57.09M	80.00	1.01%	2.50%	20.81%	―

CSC Holdings Limited Corporate Events

CSC Holdings Raises S$14.06 Million from Fully Subscribed SDAX Digital Commercial Papers

CSC Holdings Limited has successfully closed and fully subscribed its latest tranches of digital commercial papers on the SDAX platform, comprising a 3‑month Series 009 and a 6‑month Series 005 issuance, raising total gross proceeds of S$14.06 million from accredited and institutional investors. The strong take-up, including significant participation by the company’s own directors and related parties, underscores investor confidence in CSC’s credit profile and highlights the SDAX programme as an important channel for the group’s short-term funding needs, potentially enhancing financial flexibility and reinforcing its presence in the digital securities market.

The most recent analyst rating on (SG:C06) stock is a Hold with a S$0.02 price target. To see the full list of analyst forecasts on CSC Holdings Limited stock, see the SG:C06 Stock Forecast page.

CSC Holdings Launches New Digital Securities on SDAX Platform

CSC Holdings Limited has announced the launch of two new series of commercial papers in digital securities on the SDAX platform. The 3-month Series 009 and 6-month Series 005 issuances are expected to raise between S$10 million and S$12 million from accredited and institutional investors, with interest rates set at 4.3% and 4.6% per annum, respectively. This move signifies CSC Holdings’ continued efforts to leverage digital securities for capital raising, potentially enhancing its market positioning and offering attractive investment opportunities for stakeholders.

The most recent analyst rating on (SG:C06) stock is a Hold with a S$0.02 price target. To see the full list of analyst forecasts on CSC Holdings Limited stock, see the SG:C06 Stock Forecast page.