Comfortdelgro (C52) AI Stock Analysis

• Market Cap: $3.12B
• Dividend Yield: 5.67%
• Average Volume (3M): 10.21M
• Price to Earnings (P/E): 14.1
• Beta (1Y): 0.62
• 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: 9,286,930
• 30 Day Avg. Volume: 10,214,983
• 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: 1.39
• Enterprise Value/Revenue: 0.90
• Enterprise Value/Gross Profit: 5.26
• Enterprise Value/Ebitda: 5.64
• 1Y Price Target: $1.73
• Price Target Upside: 20.14% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): 0.14
• Revenue Forecast (FY): $6.48B

• Rating: 66 Neutral
• Price Target: S$1.50 ▲(4.17% 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 shows a positive revenue growth trajectory and stable profitability, despite facing margin pressures. The balance sheet is strong with moderate leverage, but the increase in debt requires monitoring. Cash flow from operations is solid, though declining free cash flow growth is a concern. Overall, the company is on a growth path but must address cost management and leverage to sustain its financial health.

Income Statement

Comfortdelgro's income statement shows a solid revenue growth rate of 8.25% in the latest year, indicating a positive trend in sales. However, the gross profit margin has decreased from 22.14% to 16.72%, suggesting increased cost pressures. The net profit margin remains stable at around 4.7%, showing consistent profitability. The EBIT and EBITDA margins are relatively stable, reflecting operational efficiency. Overall, the company demonstrates growth potential but faces challenges in maintaining profit margins.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 0.52, indicating a balanced approach to leveraging. The return on equity has improved to 8.10%, showcasing effective use of equity to generate profits. The equity ratio stands at 45.38%, highlighting a strong equity base. While the company maintains a healthy financial structure, the increase in total debt warrants attention for future leverage management.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth by 29.28%, which could impact future investments. The operating cash flow to net income ratio is 2.60, indicating strong cash generation relative to net income. However, the free cash flow to net income ratio is lower at 0.14, suggesting limited free cash flow relative to profits. While cash flow from operations is robust, the decline in free cash flow growth poses a risk.

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: 1.44
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 1.44 is below the 20-day moving average (MA) of 1.46, below the 50-day MA of 1.47, and above the 200-day MA of 1.43, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.04 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, 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	72 Outperform	S$497.69M	4.09	16.35%	8.97%	16.82%	62.71%
J2T	70 Outperform	S$222.77M	11.04	7.27%	4.19%	-4.42%	-46.97%
E3B	66 Neutral	S$666.45M	25.00	4.06%	12.12%	5.49%	-86.00%
C52	66 Neutral	$3.12B	14.10	8.37%	5.67%	15.63%	12.07%
S61	66 Neutral	S$1.01B	14.91	9.82%	8.79%	-2.55%	-0.55%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
F83	53 Neutral	S$546.38M	46.92	1.18%	―	6.34%	160.00%