PropNex Ltd. (OYY) AI Stock Analysis

• Market Cap: S$1.71B
• Dividend Yield: 5.25%
• Average Volume (3M): 1.35M
• Price to Earnings (P/E): 26.6
• Beta (1Y): 0.68
• Revenue Growth: 26.47%
• EPS Growth: 43.31%
• Country: SG
• Employees: 165
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.06
• Shares Outstanding: 740,000,000
• 10 Day Avg. Volume: 1,708,960
• 30 Day Avg. Volume: 1,352,966
• PEG Ratio: -1.19
• Price to Book (P/B): 5.67
• Price to Sales (P/S): 0.89
• P/FCF Ratio: 18.53
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: S$2.50 ▲(21.95% Upside)

The overall stock score of 60 reflects a mix of strong financial health and attractive dividend yield, offset by bearish technical indicators and a high P/E ratio. The company's stable profitability and low financial risk are significant strengths, while the technical analysis suggests caution due to negative momentum.

Positive Factors

Strong Financial Health

The company's solid balance sheet and stable profitability indicate a strong foundation, supporting long-term operational stability and resilience against market fluctuations.

Low Financial Risk

Minimal leverage reduces financial risk, enhancing the company's ability to navigate economic downturns and invest in growth opportunities without significant debt burden.

Efficient Use of Equity

High return on equity indicates effective management and strong profitability, suggesting the company is well-positioned to deliver value to shareholders over the long term.

Negative Factors

Declining Revenue Growth

A decline in revenue growth may signal challenges in market expansion or competitive pressures, potentially impacting future earnings and market share if not addressed.

Decline in Free Cash Flow Growth

Reduced free cash flow growth could constrain the company's ability to invest in new projects or return capital to shareholders, affecting long-term growth prospects.

Stable but Low Profit Margins

While margins are stable, they are relatively low, which could limit profitability and competitive positioning, especially if cost pressures increase or revenue growth remains sluggish.

PropNex Ltd. Business Overview & Revenue Model

Company Description

PropNex Ltd. (OYY) is a leading real estate agency in Singapore, specializing in residential and commercial property transactions. The company operates within the real estate sector, offering services such as property sales, rentals, and advisory services. PropNex is known for its extensive network of real estate professionals and comprehensive training programs, positioning itself as a key player in the property market.

How the Company Makes Money

PropNex generates revenue primarily through commission fees earned from property transactions, including sales and rentals. The company's agents receive a percentage of the commission from each transaction, which is a significant part of the revenue model. Additionally, PropNex earns income from training and consultancy services offered to its agents and clients. Strategic partnerships with developers and other stakeholders in the real estate market also contribute to its revenue, as these partnerships often lead to exclusive listings and enhanced market presence.

PropNex Ltd. Financial Statement Overview

Summary

PropNex Ltd. demonstrates strong financial health with stable profitability and a solid balance sheet. Despite challenges with declining revenue and free cash flow growth, the company maintains operational efficiency and low financial risk. Continued focus on revenue growth and cash flow management will be crucial for sustaining long-term financial stability.

Income Statement

PropNex Ltd. has shown a decline in revenue growth with a negative growth rate of -4.45% in the latest year. However, the company maintains a stable gross profit margin of 9.07% and a net profit margin of 5.23%. The EBIT and EBITDA margins are also consistent, indicating operational efficiency. Despite the revenue decline, profitability metrics remain relatively stable, suggesting effective cost management.

Balance Sheet

The company's balance sheet is strong with a low debt-to-equity ratio of 0.023, indicating minimal leverage and financial risk. The return on equity is robust at 33.16%, reflecting efficient use of equity to generate profits. The equity ratio is healthy, suggesting a solid capital structure with a significant portion of assets financed by equity.

Cash Flow

PropNex Ltd. experienced a decline in free cash flow growth by -11.32%, which could be a concern for future liquidity. However, the operating cash flow to net income ratio is 0.24, and the free cash flow to net income ratio is nearly 1, indicating that the company is generating sufficient cash to cover its net income, maintaining liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.04B	782.95M	838.10M	1.03B	957.49M	515.63M
Gross Profit	103.71M	70.98M	59.77M	104.68M	101.79M	55.58M
EBITDA	65.95M	52.78M	63.01M	82.73M	82.30M	40.51M
Net Income	64.18M	40.92M	47.81M	62.36M	60.03M	29.09M
Balance Sheet
Total Assets	387.95M	285.70M	343.06M	375.35M	294.57M	192.71M
Cash, Cash Equivalents and Short-Term Investments	156.43M	142.84M	138.35M	144.13M	145.65M	105.80M
Total Debt	1.78M	2.83M	2.97M	5.01M	2.91M	3.19M
Total Liabilities	259.81M	160.95M	216.84M	248.86M	181.99M	105.12M
Stockholders Equity	124.97M	123.41M	125.15M	125.55M	109.43M	84.56M
Cash Flow
Free Cash Flow	66.58M	37.74M	61.41M	51.04M	82.54M	41.46M
Operating Cash Flow	67.05M	38.04M	62.14M	51.41M	83.08M	41.95M
Investing Cash Flow	14.22M	-14.26M	-15.52M	-4.37M	-565.10K	231.36K
Financing Cash Flow	-60.92M	-45.29M	-52.09M	-53.80M	-42.67M	-17.99M

PropNex Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.05
• 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:OYY, the sentiment is Negative. The current price of 2.05 is below the 20-day moving average (MA) of 2.24, below the 50-day MA of 2.32, and above the 200-day MA of 1.55, indicating a neutral trend. The MACD of -0.07 indicates Positive momentum. The RSI at 31.35 is Neutral, neither overbought nor oversold. The STOCH value of 8.60 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:OYY.

PropNex Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DCRU	71 Outperform	$658.52M	3.36	20.33%	7.01%	36.48%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
H30	62 Neutral	S$625.07M	18.97	1.11%	1.26%	1.94%	-69.89%
OYY	60 Neutral	S$1.71B	26.64	52.77%	5.25%	26.47%	43.31%
LJ3	53 Neutral	€879.52M	-6.21	-4.81%	1.65%	-1.32%	-211.26%
5UX	41 Neutral	€416.44M	-69.29	-0.76%	―	8.71%	93.81%

PropNex Ltd. Corporate Events

PropNex Ltd. Announces Board and Committee Changes

PropNex Ltd. announced changes to its Board of Directors and Board Committees, effective November 1, 2025. Ms. Pebble Sia Huei-Chieh has been appointed as an Independent Non-Executive Director and will join the Audit, Remuneration, and Nominating Committees. This appointment is expected to enhance the company’s governance structure and bring additional expertise to its board, potentially impacting its strategic direction and stakeholder relations.

PropNex Realty Lawsuit Withdrawn, No Financial Impact Expected

PropNex Ltd. has announced that a lawsuit filed against its subsidiary, PropNex Realty Pte. Ltd., has been discontinued and withdrawn by the claimants. This development is not expected to have any material impact on the financial position and performance of the company for the financial year ending December 31, 2025.