Jardine Cycle & Carriage (C07) AI Stock Analysis

• Market Cap: S$9.51B
• Dividend Yield: 6.26%
• Average Volume (3M): 137.93K
• Price to Earnings (P/E): 7.5
• Beta (1Y): 0.60
• Revenue Growth: -0.21%
• EPS Growth: -22.52%
• Country: SG
• Employees: 240,000
• Sector: Industrials
• Sector Strength: 88
• Industry: Auto - Manufacturers
• EPS (TTM): 1.96
• Shares Outstanding: 395,236,300
• 10 Day Avg. Volume: 208,040
• 30 Day Avg. Volume: 137,933
• PEG Ratio: -0.15
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.90
• Enterprise Value/Market Cap: 1.61
• Enterprise Value/Revenue: 0.17
• Enterprise Value/Gross Profit: 3.15
• Enterprise Value/Ebitda: 0.91
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 73 Outperform
• Price Target: S$27.00 ▲(11.89%Upside)

Jardine Cycle & Carriage's overall stock score is primarily driven by strong financial performance and attractive valuation. Despite some technical analysis concerns, the company's financial health and undervaluation provide significant upside potential for investors.

Jardine Cycle & Carriage Business Overview & Revenue Model

Company Description

Jardine Cycle & Carriage Limited, an investment holding company, engages in the automotive, financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally. The company produces, distributes, retails, and aftersales services of motor vehicles, as well as manufactures and distributes automotive components; manufactures, assembles, distributes, and owns dealership networks for Toyota, Daihatsu, Isuzu, Peugeot, and UD Trucks, as well as Honda motorcycles; and manufactures and retails BMW vehicles, and owns the Lexus cars dealership. It also offers financial services, such as financing for motorcycles, cars, heavy equipment, insurance protection for individual and commercial customers, lending products to retail consumers, and digital payment solutions. In addition, the company supplies heavy equipment and provides aftersales services for various sectors, including mining, plantation, construction, and forestry; distributes Komatsu, UD, SCANIA, Bomag, and Tadano heavy equipment; and owns and operates thermal and metallurgical coal, gold, and thermal power assets, as well as operates in the construction and renewable energy sectors. Further, it cultivates, harvests, and processes palm oil; develops and manages toll roads; provides printing and digital services solutions; and distributes FUJIFILM business products, as well as develops office and residential buildings. The company was formerly known as Cycle & Carriage Ltd. and changed its name to Jardine Cycle & Carriage Limited in 2004. The company was founded in 1899 and is based in Singapore. Jardine Cycle & Carriage Limited is a subsidiary of Jardine Strategic Singapore Pte Ltd.

How the Company Makes Money

Jardine Cycle & Carriage makes money through its investments in a range of businesses across Southeast Asia. Its primary revenue streams include automotive distribution and retail, where it holds significant interests in Astra International, one of Indonesia's largest conglomerates. This includes vehicle sales, after-sales services, and related financial services. Additionally, the company generates income from its real estate investments, leasing, and sale of properties, as well as its financial services offerings, including insurance and banking services. Key partnerships, particularly with well-established automotive brands and financial institutions, bolster its revenue generation capabilities and contribute significantly to its earnings.

Jardine Cycle & Carriage Financial Statement Overview

Summary

Jardine Cycle & Carriage shows strong financial health with stable revenue growth, efficient operational margins, and effective cash flow management. The balance sheet indicates moderate leverage, presenting potential risk if not managed, but the company's robust cash flow performance supports its financial resilience.

Income Statement

Jardine Cycle & Carriage's revenue has shown consistent growth over the years, with a slight increase from 2023 to 2024. The gross profit margin and net profit margin have demonstrated stability, although the net profit margin decreased due to lower net income. EBIT and EBITDA margins are strong, indicating efficient operations, but there is a noted decline in EBIT from the previous year, impacting overall profitability.

Balance Sheet

The company maintains a solid equity base with a debt-to-equity ratio showing moderate leverage. Stockholders' equity has grown, enhancing the equity ratio. However, the increase in total debt poses a potential risk if not managed carefully. Return on equity has decreased, reflecting reduced net income relative to equity growth.

Cash Flow

Operating cash flow has improved significantly, with a robust free cash flow position. The operating cash flow to net income ratio is strong, suggesting effective cash generation from operations. Free cash flow growth is impressive, although it comes from a lower base in the previous year. The company's cash flow management appears effective, supporting financial stability.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
13.23B	22.30B	22.23B	21.79B	17.69B	13.23B
	Gross Profit
2.82B	4.87B	5.05B	4.91B	3.77B	2.82B
	EBIT
1.52B	2.61B	3.10B	2.71B	2.38B	1.52B
	EBITDA
965.30M	4.68B	3.96B	4.37B	3.44B	2.78B
	Net Income Common Stockholders
1.25B	945.80M	1.22B	2.46B	1.72B	1.25B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.87B	3.14B	2.48B	4.04B	4.63B	3.56B
	Total Assets
29.07B	32.35B	32.39B	29.30B	29.05B	27.51B
	Total Debt
8.34B	7.29B	7.57B	6.10B	6.68B	7.27B
	Net Debt
6.49B	4.21B	4.78B	2.09B	2.09B	3.77B
	Total Liabilities
14.09B	13.93B	14.58B	12.85B	12.66B	12.21B
	Stockholders Equity
6.86B	8.29B	8.04B	7.14B	7.37B	6.97B
Cash Flow		Free Cash Flow
2.30B	1.92B	906.40M	1.94B	2.52B	2.30B
	Operating Cash Flow
2.75B	3.04B	2.47B	2.85B	3.03B	2.75B
	Investing Cash Flow
-79.70M	-1.09B	-3.04B	-1.52B	-688.50M	585.30M
	Financing Cash Flow
-3.14B	-1.53B	-723.90M	-1.59B	-1.23B	-1.76B

Jardine Cycle & Carriage Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 24.13
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:C07, the sentiment is Negative. The current price of 24.13 is below the 20-day moving average (MA) of 24.48, below the 50-day MA of 24.39, and below the 200-day MA of 25.87, indicating a bearish trend. The MACD of -0.16 indicates Positive momentum. The RSI at 43.11 is Neutral, neither overbought nor oversold. The STOCH value of 17.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:C07.

Jardine Cycle & Carriage Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BS6	80 Outperform	$9.13B	7.41	28.14%	5.21%	7.88%	58.71%
C07	73 Outperform	S$9.51B	7.52	11.58%	6.26%	-0.21%	-22.52%
BN4	72 Outperform	S$12.53B	13.85	7.90%	8.39%	-5.24%	-77.23%
U96	70 Neutral	$12.15B	11.93	20.60%	4.76%	-8.88%	8.31%
C52	69 Neutral	$3.08B	14.61	8.14%	9.91%	15.36%	16.55%
5E2	68 Neutral	$7.16B	45.55	2.48%	0.66%	26.60%	―
Sector *	66 Neutral	$4.51B	12.29	5.40%	3.67%	4.15%	-12.21%