Innotek Limited (M14) AI Stock Analysis

• Market Cap: S$94.84M
• Dividend Yield: 4.88%
• Average Volume (3M): 176.30K
• Price to Earnings (P/E): 16.3
• Beta (1Y): 0.60
• Revenue Growth: 15.80%
• EPS Growth: 24.88%
• Country: SG
• Employees: N/A
• Sector: Industrials
• Sector Strength: 89
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): 0.03
• Shares Outstanding: 246,656,430
• 10 Day Avg. Volume: 394,650
• 30 Day Avg. Volume: 176,296
• PEG Ratio: -0.85
• Price to Book (P/B): 0.55
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -134.63
• 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

• Rating: 70 Neutral
• Price Target: S$0.50 ▲(19.05%Upside)

Innotek Limited's stock score is driven primarily by its strong financial position and fair valuation. The company's revenue growth and robust equity metrics provide resilience, while its high dividend yield adds to its attractiveness. Technical indicators suggest strong momentum, though there are signs of potential overbought conditions. Operational efficiency and cash flow management remain areas for improvement.

Innotek Limited Business Overview & Revenue Model

Company Description

Innotek Limited (M14) is a diversified technology company that operates within the manufacturing and technology sectors. The company specializes in producing high-precision metal components and assemblies, primarily for the office automation and consumer electronics industries. Innotek Limited leverages its advanced engineering capabilities and state-of-the-art facilities to deliver innovative solutions tailored to meet the specific needs of its clients.

How the Company Makes Money

Innotek Limited generates revenue through the manufacturing and sale of precision metal components and assemblies. The company primarily serves the office automation and consumer electronics sectors, providing customized solutions that enhance the functionality and performance of electronic devices. Innotek's revenue streams include direct sales to manufacturers and strategic partnerships with leading technology firms. Additionally, the company's commitment to research and development enables it to continuously innovate and meet the evolving demands of its markets, thereby sustaining its competitive edge and driving revenue growth.

Innotek Limited Financial Statement Overview

Summary

Innotek Limited exhibits a solid financial position with revenue growth and stable equity metrics. While profitability shows improvement, challenges remain in operational efficiency and cash flow management. The low leverage and strong equity base provide a cushion against economic fluctuations, but operational margins and cash flow efficiency need attention for sustained growth.

Income Statement

Innotek Limited's revenue increased by 15.82% from 2023 to 2024, indicating positive growth. However, the gross profit margin has decreased, reflecting potential cost pressures. The net profit margin improved to 2.43% in 2024 from 2.26% in 2023, showing better profitability. However, the EBIT margin declined, suggesting increased operational costs.

Balance Sheet

The company maintains a strong equity position with a debt-to-equity ratio of approximately 0.11 in 2024, indicating low leverage and financial stability. The equity ratio remained robust at around 66.8%, highlighting a strong equity base relative to assets. This strong equity position suggests resilience in financial downturns.

Cash Flow

Innotek's free cash flow turned positive in 2024, a significant improvement from 2023. Operating cash flow to net income ratio indicates efficient cash management. However, the free cash flow to net income ratio suggests room for enhancing cash generation efficiency relative to profitability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	234.27M	238.03M	205.56M	186.75M	173.58M	183.19M
Gross Profit	35.00M	36.44M	32.96M	27.19M	33.69M	45.01M
EBITDA	9.21M	22.26M	15.51M	15.59M	22.17M	31.83M
Net Income	4.37M	5.80M	4.66M	2.25M	11.51M	13.87M
Balance Sheet
Total Assets	278.12M	262.79M	264.08M	258.38M	267.04M	265.76M
Cash, Cash Equivalents and Short-Term Investments	64.93M	70.10M	70.28M	77.46M	90.70M	91.80M
Total Debt	25.13M	18.84M	24.20M	19.00M	23.90M	23.37M
Total Liabilities	104.03M	86.61M	90.75M	81.68M	77.20M	87.82M
Stockholders Equity	173.14M	175.50M	172.34M	176.70M	189.84M	177.94M
Cash Flow
Free Cash Flow	-477.00K	7.86M	-5.28M	-1.41M	5.14M	24.63M
Operating Cash Flow	14.78M	19.07M	7.84M	5.58M	12.32M	30.50M
Investing Cash Flow	-9.06M	-9.54M	-13.32M	-7.11M	-6.50M	3.05M
Financing Cash Flow	15.00K	-11.02M	-1.48M	-9.19M	-8.78M	-5.50M

Innotek Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.42
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:M14, the sentiment is Positive. The current price of 0.42 is above the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.37, and above the 200-day MA of 0.40, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 70.47 is Negative, neither overbought nor oversold. The STOCH value of 85.86 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:M14.

Innotek Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
M14	70 Neutral	S$94.84M	16.33	3.33%	4.88%	15.80%	24.88%
Sector *	58 Neutral	HK$13.89B	4.44	-3.01%	7.32%	3.67%	-54.16%
1J4		S$101.29M	32.24	3.99%	―	―	―
B49		S$72.00M	45.00	0.89%	38.28%	―	―
ZB9		S$71.47M	6.07	13.39%	2.15%	―	―
BQF		S$106.35M	4.16	36.56%	0.26%	―	―
F13		S$76.96M	―	-0.33%	―	―	―

Innotek Limited Corporate Events

Innotek Limited’s 29th AGM Highlights FY2024 Performance

Innotek Limited held its 29th Annual General Meeting on April 29, 2025, at Copthorne King’s Hotel in Singapore. During the meeting, the Chairman and CEO presented a summary of the company’s performance for the financial year ending December 31, 2024. The meeting adhered to the Singapore Exchange’s requirements for transparency, with all resolutions being voted on by poll.