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Stamford Tyres Corporation Limited (SG:S29)
:S29
Singapore Market
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Stamford Tyres Corporation Limited (S29) AI Stock Analysis

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SG:S29

Stamford Tyres Corporation Limited

(SGX:S29)

Rating:48Neutral
Price Target:
S$0.00
▼(-100.00%Downside)
The overall stock score is driven by weak financial performance and valuation concerns. The company's high leverage, negative cash flow, and high P/E ratio present significant risks. Technical indicators show limited momentum, adding to a cautious outlook.

Stamford Tyres Corporation Limited (S29) vs. iShares MSCI Singapore ETF (EWS)

Stamford Tyres Corporation Limited Business Overview & Revenue Model

Company DescriptionStamford Tyres Corporation Limited (S29) is a prominent player in the automotive industry, primarily engaged in the wholesale and retail distribution of tires and wheels. The company operates in several key markets, supplying a wide range of tire brands, including its proprietary brands, to automotive retailers, manufacturers, and end consumers. Stamford Tyres also provides value-added services such as tire maintenance, retreading, and wheel refurbishment, ensuring comprehensive solutions for its clients.
How the Company Makes MoneyStamford Tyres Corporation Limited generates revenue through multiple streams: the wholesale distribution of tires and wheels, which constitutes a significant portion of its income, and the retail sales through its network of retail outlets. The company's proprietary tire brands, such as Sumo Firenza, along with well-known international brands, contribute to its sales volume. Additionally, Stamford Tyres offers related services like tire retreading and maintenance, which provide recurring income. Strategic partnerships with major tire manufacturers and an extensive distribution network enhance its market reach and profitability.

Stamford Tyres Corporation Limited Financial Statement Overview

Summary
Stamford Tyres is facing challenges across key financial areas. Despite maintaining a stable equity ratio, the company struggles with low profitability and high leverage. The decline in cash flow generation and profitability margins indicates potential operational inefficiencies, requiring strategic adjustments to improve financial health.
Income Statement
45
Neutral
The company's revenue growth has been stagnant over the past years, with a slight increase in gross profit margin to 26.5% for 2025. However, net profit margin has considerably decreased to 0.5%, indicating challenges in translating revenue into net income. The EBIT margin also decreased significantly, impacting overall profitability.
Balance Sheet
60
Neutral
Stamford Tyres has maintained a stable equity position with an equity ratio of 49.8% for 2025, indicating a balanced approach to financing. However, the debt-to-equity ratio is relatively high at 0.73, suggesting potential risks related to leverage. The return on equity remains low at 0.8%, highlighting limited profitability for shareholders.
Cash Flow
40
Negative
The company faced a negative free cash flow of -$11.75 million in 2025, a significant decline from previous years. Operating cash flow to net income ratio is negative, indicating inefficiencies in converting income into cash. The cash flow position shows weaknesses in operational cash generation, affecting liquidity.
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue188.38M193.18M189.12M193.02M194.43M193.90M
Gross Profit47.02M51.27M47.13M55.02M56.18M51.51M
EBITDA12.31M13.88M18.25M16.43M16.83M16.02M
Net Income4.80M921.00K6.01M4.15M3.89M2.48M
Balance Sheet
Total Assets239.32M222.13M210.63M232.61M258.19M255.13M
Cash, Cash Equivalents and Short-Term Investments38.14M27.74M32.54M30.29M35.84M41.83M
Total Debt94.68M80.79M68.16M86.63M105.92M100.60M
Total Liabilities128.20M111.57M98.67M119.78M141.84M138.19M
Stockholders Equity111.12M110.57M111.96M112.84M116.35M116.93M
Cash Flow
Free Cash Flow-8.47M-11.75M17.86M16.88M-8.78M24.68M
Operating Cash Flow-4.11M-6.54M19.87M18.51M-1.50M28.48M
Investing Cash Flow1.55M-2.56M3.90M962.00K-5.29M-1.81M
Financing Cash Flow5.10M3.78M-20.62M-23.21M1.49M-10.44M

Stamford Tyres Corporation Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.21
Price Trends
50DMA
0.21
Negative
100DMA
0.21
Positive
200DMA
0.21
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
51.14
Neutral
STOCH
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:S29, the sentiment is Positive. The current price of 0.21 is above the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.21, and above the 200-day MA of 0.21, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.14 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:S29.

Stamford Tyres Corporation Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$17.18B10.68-8.50%2.94%1.62%-25.72%
48
Neutral
S$49.85M53.850.83%2.38%1.58%-84.58%
S$127.02M10.1517.11%4.00%
3.32%
S$129.23M13.533.45%5.17%
S$40.42M5.7611.96%4.38%
S$25.94M-71.30%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:S29
Stamford Tyres Corporation Limited
0.21
<0.01
5.00%
SG:1F2
Union Gas Holdings Ltd.
0.40
0.07
21.21%
SG:5BS
Sen Yue Holdings Ltd.
SG:BPF
YHI International Limited
0.44
-0.02
-4.35%
SG:O08
Ossia International Limited
0.16
0.01
6.67%
SG:VI2
Trans-China Automotive Holdings Ltd.
0.04
-0.03
-42.86%

Stamford Tyres Corporation Limited Corporate Events

Stamford Tyres to Enhance Malaysian Operations with New Facility
Feb 14, 2025

Stamford Tyres Corporation Limited has announced a significant construction project through its subsidiary, SR Industries (M) Sdn. Bhd., to build four units of warehouse/factory and office buildings in Kapar, Selangor, Malaysia. This project aims to consolidate the company’s operations into a single, integrated facility to enhance operational efficiency and streamline processes, highlighting Malaysia as a key market. The new facility is expected to optimize logistical workflows, offering better connectivity and storage capacity. The estimated cost of RM50 million will be primarily financed through external borrowings, and the project is expected to be completed in 3.5 years, contingent upon regulatory approvals.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 25, 2025