Pan-United Corporation Ltd. (P52) AI Stock Analysis

• Market Cap: S$804.73M
• Dividend Yield: 2.95%
• Average Volume (3M): 540.53K
• Price to Earnings (P/E): 18.7
• Beta (1Y): 0.38
• Revenue Growth: 3.76%
• EPS Growth: 9.64%
• Country: SG
• Employees: 1,729
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): 0.03
• Shares Outstanding: 701,995,850
• 10 Day Avg. Volume: 627,280
• 30 Day Avg. Volume: 540,526
• PEG Ratio: 0.65
• Price to Book (P/B): 1.46
• Price to Sales (P/S): 0.48
• P/FCF Ratio: 5.58
• 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: S$1.34
• Price Target Upside: 19.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 67 Neutral
• Price Target: S$1.00 ▼(-10.71% Downside)

Pan-United Corporation Ltd. demonstrates strong financial performance with robust revenue growth and a solid balance sheet, which are the most significant factors in its overall score. The technical analysis indicates a lack of strong momentum, and the valuation is moderate, suggesting the stock is fairly valued. The absence of earnings call data and notable corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and demand for Pan-United's products, supporting long-term business stability and expansion opportunities.

Sustainability Focus

Emphasizing sustainability and innovation positions Pan-United favorably in the market, potentially leading to increased demand and competitive advantage in eco-conscious construction sectors.

Strong Profitability Margins

Stable profitability margins reflect effective cost management and pricing strategies, ensuring long-term financial health and the ability to reinvest in growth initiatives.

Negative Factors

Decline in Free Cash Flow Growth

A decline in free cash flow growth could limit Pan-United's ability to invest in new projects or technologies, potentially impacting future growth and operational flexibility.

Operational Efficiency Pressure

Declining operational efficiency may indicate rising costs or competitive pressures, which could affect profitability and necessitate strategic adjustments to maintain margins.

Increasing Debt Levels

Rising debt levels, if not managed carefully, can strain financial resources and limit the company's ability to respond to market changes or invest in growth opportunities.

Pan-United Corporation Ltd. Business Overview & Revenue Model

Company Description

Pan-United Corporation Ltd, an investment holding company, engages in the concrete and logistics businesses in Singapore, China, and internationally. The company operates in three segments: Concrete and Cement, Trading and Shipping, and Others. It supplies cement, granite, aggregates, ready-mix concrete, and slag, as well as refined petroleum products to construction industry. The company is also involved in trading raw materials, bulk shipping, and agency operations; and holding investments. In addition, it offers basic building materials for construction industry. Further, the company provides sustainable technology solutions and marketing services. Additionally, it is involved in the production of asphalt; building and repairing of roadways; and quarry operations, as well as the provision of software consultancy, information technology, and computer services. Pan-United Corporation Ltd was founded in 1958 and is headquartered in Singapore.

How the Company Makes Money

Pan-United Corporation Ltd. generates revenue primarily through the sale of ready-mixed concrete and other construction materials. The company operates a network of batching plants strategically located to fulfill demand in various construction projects, which allows for efficient logistics and delivery. Key revenue streams include direct sales to construction companies, government contracts for public infrastructure projects, and supply agreements with developers. Additionally, Pan-United benefits from partnerships with major construction firms and government bodies, enhancing its market presence and securing long-term contracts. The company's focus on innovation and sustainability also positions it to capitalize on emerging trends in green building practices, potentially opening new revenue opportunities.

Pan-United Corporation Ltd. Financial Statement Overview

Summary

Pan-United Corporation Ltd. exhibits strong financial health with robust revenue growth and profitability. The balance sheet is solid, with low leverage and high return on equity. However, the decline in free cash flow growth poses a potential risk. Overall, the company is well-positioned in the construction materials industry, with a stable financial foundation and growth potential.

Income Statement

Pan-United Corporation Ltd. has demonstrated strong revenue growth with a TTM increase of 3.1% and consistent profitability. The gross profit margin is healthy at 23.1%, and the net profit margin has improved to 5.2%. EBIT and EBITDA margins are stable, indicating efficient operations. The company has shown resilience in revenue growth, which is a positive indicator for future performance.

Balance Sheet

The balance sheet reflects a solid financial position with a low debt-to-equity ratio of 0.20, indicating prudent financial management. Return on equity is robust at 16.3%, showcasing effective use of equity to generate profits. The equity ratio stands at a healthy level, suggesting a strong capital structure. Overall, the balance sheet indicates stability and low financial risk.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth, which decreased by 51.7% in the TTM period. However, the operating cash flow to net income ratio remains positive at 0.33, indicating adequate cash generation relative to net income. The free cash flow to net income ratio is 0.39, reflecting moderate cash flow efficiency. While cash flow generation is stable, the decline in free cash flow growth is a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	829.89M	812.30M	774.14M	703.26M	586.87M	405.02M
Gross Profit	191.82M	175.76M	80.83M	132.70M	127.04M	84.83M
EBITDA	76.09M	78.97M	68.68M	52.22M	42.40M	28.78M
Net Income	42.90M	40.85M	34.30M	23.35M	18.69M	1.04M
Balance Sheet
Total Assets	490.39M	499.75M	453.88M	421.36M	396.69M	402.31M
Cash, Cash Equivalents and Short-Term Investments	82.97M	107.01M	64.37M	64.65M	64.15M	67.56M
Total Debt	52.99M	56.09M	57.17M	69.01M	66.00M	103.61M
Total Liabilities	222.51M	228.83M	216.32M	202.96M	183.22M	199.31M
Stockholders Equity	262.67M	265.30M	231.82M	211.42M	205.07M	194.69M
Cash Flow
Free Cash Flow	22.82M	69.38M	49.36M	5.00M	48.77M	51.67M
Operating Cash Flow	58.04M	87.98M	61.27M	20.64M	57.54M	59.61M
Investing Cash Flow	-34.82M	-14.73M	-7.62M	-9.40M	-4.02M	-7.75M
Financing Cash Flow	-33.67M	-31.50M	-53.02M	-9.33M	-57.33M	-33.64M

Pan-United Corporation Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.12
• 50DMA: Negative
• 100DMA: Positive
• 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:P52, the sentiment is Neutral. The current price of 1.12 is below the 20-day moving average (MA) of 1.16, below the 50-day MA of 1.18, and above the 200-day MA of 0.85, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 42.57 is Neutral, neither overbought nor oversold. The STOCH value of 14.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SG:P52.

Pan-United Corporation Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
P52	―	S$804.73M	18.73	17.05%	2.95%	3.76%	9.64%
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Pan-United Corporation Ltd. Corporate Events

Pan-United Enhances Operations with AI-Powered AiR Digital

Pan-United Corporation Ltd has advanced its technological capabilities with the introduction of AiR Digital Solutions, an AI-powered operations management system. This system, which has been adopted by over 20 companies across Southeast Asia, North Asia, and Australasia, optimizes processes for RMC producers and logistics companies, offering significant manpower savings and improved productivity. The system’s success in digitalizing operations and providing real-time insights has been transformative for clients like Bridgeman Concrete, enhancing efficiency and future-readiness.