Comfortdelgro (C52) AI Stock Analysis

• Market Cap: $3.19B
• Dividend Yield: 2.66%
• Average Volume (3M): 12.66M
• Price to Earnings (P/E): 14.4
• Beta (1Y): 0.63
• Revenue Growth: 15.63%
• EPS Growth: 12.07%
• Country: SG
• Employees: 22,693
• Sector: Industrials
• Sector Strength: 72
• Industry: Railroads
• EPS (TTM): 0.05
• Shares Outstanding: 2,167,448,000
• 10 Day Avg. Volume: 11,158,960
• 30 Day Avg. Volume: 12,656,860
• PEG Ratio: 0.91
• Price to Book (P/B): 1.23
• Price to Sales (P/S): 0.72
• P/FCF Ratio: 40.84
• Enterprise Value/Market Cap: 1.36
• Enterprise Value/Revenue: 0.90
• Enterprise Value/Gross Profit: 5.26
• Enterprise Value/Ebitda: 5.64
• 1Y Price Target: $1.76
• Price Target Upside: 19.45% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 63 Neutral
• Price Target: S$1.50 ▲(2.04% Upside)

Comfortdelgro's overall stock score is driven by strong financial performance, with solid revenue growth and profitability. However, technical analysis indicates potential short-term weakness, and valuation metrics suggest the stock is fairly valued. The lack of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Negative Factors

Comfortdelgro Business Overview & Revenue Model

Company Description

ComfortDelGro Corporation Limited, an investment holding company, provides public transport services in Singapore. It operates through seven segments: Public Transport Services, Taxi, Automotive Engineering Services, Inspection and Testing Services, Driving Centre, Car Rental and Leasing, and Bus Station. The company offers bus and rail services to commuters; taxi and coach rental, and related advertisement services; non-emergency transport services to patients; vehicular maintenance and repair services; assembly of bus bodies; crash repair services; and engineering services, as well as sells diesel and petrol. It is also involved in the provision of motor vehicle inspection, non-vehicle testing, inspection, and consultancy services; construction of specialized vehicles; operation of taxi bureau, scheduled services, and driving schools; electric vehicle charging infrastructure activities; and renting and leasing of cars. In addition, the company offers public taxi and charter bus, management of taxi booking, building inspection, technology, and terminal services; and operates workshops for repairing, servicing, and general maintenance of motor vehicles. Further, it provides insurance broking, risk management, claims management, and related services; medical escort services; charge card facilities; and accident and other repair and maintenance services. As of March 30, 2022, the company operated a fleet of 35,000 buses, taxis, and rental vehicles. It also operates in the United Kingdom, Ireland, Australia, China, New Zealand, and Malaysia. ComfortDelGro Corporation Limited was incorporated in 2003 and is headquartered in Singapore.

How the Company Makes Money

ComfortDelGro generates revenue through multiple streams primarily centered around its core transportation services. The largest portion of its income is derived from its public transport services, which include operating buses and rail networks in various regions. Another significant revenue stream comes from its taxi operations, where the company earns through both taxi rentals and fare commissions. Additionally, ComfortDelGro benefits from its automotive engineering services, which offer vehicle maintenance and repair, and its inspection and testing services that ensure compliance and safety standards. The company also earns from leasing and renting vehicles, as well as through its insurance broking services, which provide vehicle and general insurance solutions. Strategic partnerships and joint ventures in different geographical regions further contribute to its financial performance.

Comfortdelgro Financial Statement Overview

Summary

Comfortdelgro exhibits strong revenue growth and improving profitability, with a stable balance sheet and solid cash flow generation. However, there is room for improvement in free cash flow conversion.

Income Statement

Comfortdelgro demonstrated a healthy revenue growth rate of 15.35% from 2023 to 2024, indicating strong top-line growth potential. The gross profit margin slightly decreased to 16.72% in 2024, while the net profit margin improved to 4.70%, reflecting better cost management and profitability. EBIT and EBITDA margins also showed improvement, indicating operational efficiency.

Balance Sheet

The company maintains a solid financial structure with a debt-to-equity ratio of 0.52, indicating moderate leverage. The equity ratio stands at 45.38%, suggesting a balanced capital structure. Return on equity improved to 8.10%, reflecting enhanced shareholder value creation, although the equity base remains stable.

Cash Flow

Operating cash flow increased by 21.92% year-over-year, indicating strong cash generation capabilities. However, free cash flow growth was modest at 11.18%, constrained by higher capital expenditures. The operating cash flow to net income ratio of 2.60 reflects robust cash earnings, while the free cash flow to net income ratio of 0.37 indicates room for improvement in free cash flow conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.78B	4.48B	3.88B	3.78B	3.50B	3.23B
Gross Profit	822.30M	748.50M	859.20M	822.40M	819.00M	481.10M
EBITDA	766.30M	724.80M	665.70M	642.40M	582.20M	562.50M
Net Income	221.20M	210.50M	180.50M	173.10M	123.00M	60.80M
Balance Sheet
Total Assets	5.92B	5.73B	4.69B	4.70B	4.96B	5.31B
Cash, Cash Equivalents and Short-Term Investments	873.10M	892.40M	856.90M	967.00M	919.10M	742.80M
Total Debt	1.69B	1.35B	528.20M	503.10M	618.00M	741.20M
Total Liabilities	2.89B	2.70B	1.68B	1.70B	1.82B	2.28B
Stockholders Equity	2.62B	2.60B	2.60B	2.57B	2.68B	2.65B
Cash Flow
Free Cash Flow	-228.00M	78.50M	81.60M	297.70M	430.80M	283.90M
Operating Cash Flow	398.30M	547.50M	449.10M	602.30M	660.90M	483.70M
Investing Cash Flow	-902.00M	-970.10M	-330.50M	-251.00M	-203.80M	-109.70M
Financing Cash Flow	512.90M	458.70M	-224.10M	-274.70M	-287.20M	-241.20M

Comfortdelgro Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.47
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:C52, the sentiment is Positive. The current price of 1.47 is below the 20-day moving average (MA) of 1.47, below the 50-day MA of 1.48, and above the 200-day MA of 1.41, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.79 is Neutral, neither overbought nor oversold. The STOCH value of 49.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:C52.

Comfortdelgro Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
S61	75 Outperform	S$1.01B	14.86	9.82%	8.60%	-2.55%	-0.55%
E3B	73 Outperform	S$680.24M	25.52	4.06%	11.22%	5.49%	-86.00%
S56	69 Neutral	S$513.83M	4.27	16.35%	1.55%	16.82%	62.71%
J2T	68 Neutral	S$225.33M	11.29	7.27%	―	-4.42%	-46.97%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
C52	63 Neutral	$3.19B	14.40	8.37%	2.66%	15.63%	12.07%
F83	51 Neutral	S$546.38M	46.92	1.18%	―	6.34%	160.00%