Combine Will International Holdings Limited (N0Z) AI Stock Analysis

• Market Cap: S$39.44M
• Dividend Yield: 4.1%
• Average Volume (3M): 1.03K
• Price to Earnings (P/E): 5.7
• 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): 0.08
• Shares Outstanding: 32,327,400
• 10 Day Avg. Volume: 2,500
• 30 Day Avg. Volume: 1,030
• PEG Ratio: 0.53
• Price to Book (P/B): 0.22
• Price to Sales (P/S): 0.11
• P/FCF Ratio: -3.19
• 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: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 71 Outperform
• Price Target: S$1.50 ▲(10.29% Upside)

The stock's overall score is driven by strong valuation metrics, indicating it is undervalued with a good dividend yield. Technical analysis shows positive momentum, although caution is advised due to overbought conditions. Financial performance is mixed, with strong revenue growth but challenges in profitability and cash flow management.

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 manufactures and trades in plastic toys, die castings, and electronics parts. The company was founded in 1992 and is based in Tai Po, Hong Kong. Combine Will International Holdings Limited is a subsidiary of Raffles Nominees (Pte.) Ltd.

How the Company Makes Money

Combine Will International Holdings Limited generates revenue through multiple key streams, including the sale of its manufactured consumer goods, which encompass household and personal care items. The company leverages its established distribution channels to sell these products to retailers and directly to consumers. Additionally, Combine Will may engage in strategic partnerships with other manufacturers and retailers, allowing for expanded market reach and collaborative product development. The effectiveness of their supply chain management and marketing strategies also plays a critical role in driving sales and, consequently, the company's overall profitability.

Combine Will International Holdings Limited Financial Statement Overview

Summary

The company shows strong revenue growth but faces challenges with declining profitability margins and negative cash flows, indicating potential liquidity issues. The balance sheet reflects increased leverage, which could be a concern if not managed effectively.

Income Statement

The company shows a positive revenue growth rate of 6.69% in the TTM, indicating a healthy expansion. However, the gross profit margin has slightly decreased to 9.89% from 10.45% in the previous year, suggesting some pressure on cost management. The net profit margin also declined to 2.40% from 3.11%, reflecting challenges in maintaining profitability. Despite these challenges, the EBIT and EBITDA margins remain stable, indicating operational efficiency.

Balance Sheet

The debt-to-equity ratio increased to 0.78 in the TTM, indicating a higher reliance on debt financing, which could pose a risk if not managed properly. However, the return on equity is stable at 5.36%, showing consistent returns to shareholders. The equity ratio remains strong, suggesting a solid capital structure.

Cash Flow

The company faces challenges with negative operating and free cash flows in the TTM, which could impact liquidity. The free cash flow growth rate is positive at 49.67%, but the operating cash flow to net income ratio is negative, indicating potential issues in converting income into cash. The free cash flow to net income ratio is high, suggesting that the company is investing heavily in growth or facing cash flow management issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.68B	1.47B	1.11B	1.34B	197.17M	170.21M
Gross Profit	166.40M	153.80M	128.45M	24.33M	15.67M	13.59M
EBITDA	169.59M	175.58M	178.12M	159.30M	125.83M	89.60M
Net Income	40.46M	45.73M	42.53M	42.76M	40.81M	30.92M
Balance Sheet
Total Assets	1.76B	1.61B	1.43B	265.08M	286.31M	272.13M
Cash, Cash Equivalents and Short-Term Investments	203.27M	202.06M	248.71M	252.99M	195.54M	177.42M
Total Debt	594.70M	433.87M	340.00M	387.78M	459.08M	460.60M
Total Liabilities	992.43M	861.65M	684.87M	141.33M	157.62M	153.50M
Stockholders Equity	764.07M	746.45M	742.68M	720.15M	744.17M	695.95M
Cash Flow
Free Cash Flow	-154.47M	-51.94M	42.26M	33.08M	17.05M	-1.35M
Operating Cash Flow	-30.60M	58.52M	135.27M	50.18M	42.45M	27.13M
Investing Cash Flow	-163.26M	-153.63M	-88.47M	-91.45M	-142.82M	-161.05M
Financing Cash Flow	180.42M	73.27M	-51.38M	-87.11M	-63.50M	-43.99M

Combine Will International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.36
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:N0Z, the sentiment is Positive. The current price of 1.36 is above the 20-day moving average (MA) of 1.23, above the 50-day MA of 1.21, and above the 200-day MA of 1.05, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 95.22 is Negative, neither overbought nor oversold. The STOCH value of 42.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
N0Z	―	S$39.44M	5.73	5.45%	4.10%	30.99%	-7.99%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
BLZ	―	S$12.25M	―	-9.72%	―	-31.80%	32.12%