Comfortdelgro (C52) AI Stock Analysis

• Market Cap: $3.19B
• Dividend Yield: 2.7%
• Average Volume (3M): 10.32M
• 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: 8,252,950
• 30 Day Avg. Volume: 10,320,493
• 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: $1.73
• Price Target Upside: 19.02% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 66 Neutral
• Price Target: S$1.50 ▲(3.45% Upside)

Comfortdelgro's overall stock score is driven by its solid financial performance and reasonable valuation. The company's revenue growth and stable profitability are positive, but margin pressures and increasing debt are concerns. Technical indicators suggest a neutral market sentiment, with no strong momentum. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for services and effective market expansion, supporting long-term business sustainability.

Cash Flow Generation

Improved operating cash flow reflects the company's ability to generate cash from operations, enhancing financial flexibility and investment capacity.

Balance Sheet Health

A moderate debt-to-equity ratio suggests a balanced approach to financing, reducing financial risk and supporting long-term stability.

Negative Factors

Free Cash Flow Conversion

Limited free cash flow growth due to high capital expenditures may restrict the company's ability to invest in new opportunities or return capital to shareholders.

Gross Profit Margin

A declining gross profit margin could indicate rising costs or pricing pressures, potentially impacting long-term profitability if not addressed.

Cost Efficiencies

Challenges in maintaining cost efficiencies may affect profitability, necessitating strategic cost management to sustain competitive advantage.

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 transportation services. The taxi segment is a significant source of income, where the company earns through taxi operations, vehicle leasing, and service fees from drivers. The bus operations, which include public bus services and private bus contracts, also contribute to revenue through government subsidies and fare collections. The rail services, while a newer venture, further augment earnings through passenger fares. Additionally, ComfortDelGro benefits from partnerships with government bodies for public transport contracts, as well as collaborations with other service providers in the automotive sector, enhancing its revenue generation capabilities.

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: Negative
• Last Price: 1.45
• 50DMA: Negative
• 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:C52, the sentiment is Negative. The current price of 1.45 is below the 20-day moving average (MA) of 1.47, below the 50-day MA of 1.47, and above the 200-day MA of 1.41, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 47.57 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:C52.

Comfortdelgro Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
S56	―	S$484.23M	3.98	16.35%	1.52%	16.82%	62.71%
S61	―	S$1.01B	14.86	9.82%	8.49%	-2.55%	-0.55%
J2T	―	S$222.77M	11.04	7.27%	―	-4.42%	-46.97%
E3B	―	S$689.43M	25.86	4.06%	11.14%	5.49%	-86.00%
C52	―	$3.19B	14.40	8.37%	2.70%	15.63%	12.07%
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
F83	―	S$550.85M	47.31	1.18%	―	6.34%	160.00%