Combine Will International Holdings Limited (N0Z) AI Stock Analysis

• Market Cap: S$39.44M
• Dividend Yield: 3.97%
• Average Volume (3M): 1.03K
• Price to Earnings (P/E): 6.5
• Beta (1Y): 0.02
• Revenue Growth: 30.99%
• EPS Growth: -7.99%
• Country: SG
• Employees: 18,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): 0.11
• Shares Outstanding: 32,327,400
• 10 Day Avg. Volume: 2,500
• 30 Day Avg. Volume: 1,030
• PEG Ratio: -0.35
• Price to Book (P/B): 0.31
• Price to Sales (P/S): 0.13
• P/FCF Ratio: -1.13
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: S$1.50 ▲(19.05% Upside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is held back primarily by deteriorating cash flow (negative operating and free cash flow) and increased leverage, with technicals also signaling weak momentum. These are partially offset by a low P/E and an attractive dividend yield.

Positive Factors

Revenue Growth Acceleration

Sustained revenue acceleration indicates improving demand or market share and creates a foundation for higher absolute profits over time. If the company maintains top-line momentum, it can better absorb cost pressures, support reinvestment, and provide runway to restore margins and cash generation.

Negative Factors

Cash Flow Deterioration

Material negative operating and free cash flow point to weakened cash generation and higher financing dependency. Over months this can force borrowing, asset sales, or dividend cuts, constraining strategic options and increasing liquidity and refinancing risk if not reversed.

Combine Will International Holdings Limited Business Overview & Revenue Model

Company Description

Combine Will International Holdings Limited, an investment holding company, operates as an original design manufacturer, original equipment manufacturer, and supplier of corporate premiums, toys, and consumer products worldwide. It also manufactur...

Read more

Combine Will International Holdings Limited, an investment holding company, operates as an original design manufacturer, original equipment manufacturer, and supplier of corporate premiums, toys, and consumer products worldwide. It also manufactur...

Combine Will International Holdings Limited Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.68B	1.84B	1.47B	1.11B	1.34B	197.17M
Gross Profit	166.40M	191.44M	153.80M	128.45M	24.33M	15.67M
EBITDA	169.59M	174.80M	175.58M	178.12M	159.30M	125.83M
Net Income	40.46M	37.67M	45.73M	42.53M	42.76M	40.81M
Balance Sheet
Total Assets	1.76B	1.92B	1.61B	1.43B	265.08M	286.31M
Cash, Cash Equivalents and Short-Term Investments	203.27M	151.71M	202.06M	248.71M	252.99M	195.54M
Total Debt	594.70M	632.53M	433.87M	352.37M	387.78M	459.08M
Total Liabilities	992.43M	1.12B	861.65M	684.87M	141.33M	157.62M
Stockholders Equity	764.07M	789.09M	746.45M	742.68M	720.15M	744.17M
Cash Flow
Free Cash Flow	-154.47M	-217.79M	-51.94M	42.26M	33.08M	17.05M
Operating Cash Flow	-30.60M	-76.28M	58.52M	135.27M	50.18M	42.45M
Investing Cash Flow	-163.26M	-136.67M	-153.63M	-88.47M	-91.45M	-142.82M
Financing Cash Flow	180.42M	162.58M	73.27M	-51.38M	-87.11M	-63.50M

Combine Will International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.26
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:N0Z, the sentiment is Negative. The current price of 1.26 is above the 20-day moving average (MA) of 1.23, above the 50-day MA of 1.25, and above the 200-day MA of 1.23, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 26.47 is Positive, neither overbought nor oversold. The STOCH value of 52.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:N0Z.

Combine Will International Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
N0Z	55 Neutral	S$39.44M	6.54	5.36%	3.97%	30.99%	-7.99%
BLZ	46 Neutral	S$13.16M	―	-9.72%	―	-31.80%	32.12%