Ten-League International Holdings Limited (TLIH) AI Stock Analysis

• Market Cap: $12.25M
• Dividend Yield: N/A
• Average Volume (3M): 1.31M
• Price to Earnings (P/E): 4.2
• Beta (1Y): 2.87
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: N/A
• Sector: Industrials
• Sector Strength: 72
• Industry: Rental & Leasing Services
• EPS (TTM): N/A
• Shares Outstanding: 29,404,343
• 10 Day Avg. Volume: 147,776
• 30 Day Avg. Volume: 1,314,246
• PEG Ratio: -1.10
• Price to Book (P/B): 24.57
• Price to Sales (P/S): 2.61
• P/FCF Ratio: -19.57
• Enterprise Value/Market Cap: 15.49
• 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: 51 Neutral
• Price Target: $0.38 ▼(-4.75% Downside)

The overall stock score of 51 reflects significant financial challenges, including high leverage and negative cash flow, which weigh heavily on the company's outlook. While the stock is technically undervalued, bearish technical indicators and the absence of a dividend yield further contribute to a cautious stance.

Positive Factors

New Order for Port Electrification

This new order enhances Ten-League's role in sustainable port operations, strengthening its global presence and supporting long-term growth in the electrification sector.

Revenue Growth in H1 2025

Strong revenue growth in H1 2025, particularly in heavy equipment sales, indicates improved market position and potential for continued expansion in infrastructure projects.

Improved Gross Profit Margin

An improved gross profit margin reflects operational efficiencies and a strategic product mix, enhancing profitability and competitiveness in the market.

Negative Factors

High Leverage

The high leverage poses financial risks, potentially limiting the company's ability to invest in growth opportunities and affecting long-term financial stability.

Negative Cash Flow

Negative cash flow challenges indicate limited cash generation, which can constrain operations and investments, impacting long-term sustainability.

Nasdaq Compliance Challenge

The Nasdaq compliance issue could lead to delisting, affecting investor confidence and the company's ability to raise capital in the future.

Ten-League International Holdings Limited Business Overview & Revenue Model

Company Description

Singapore‑based provider of turnkey project solutions, including sales, rental, and maintenance of heavy equipment and parts, plus engineering consultancy for ports, construction, and civil sectors.

How the Company Makes Money

TLIH generates revenue through a multifaceted approach, primarily by investing in various sectors that yield dividends and capital gains. The company's key revenue streams include returns from its equity investments in technology startups, rental income from its real estate holdings, and sales from consumer goods marketed under its own brands. Additionally, TLIH engages in strategic partnerships and joint ventures that enhance its market presence and profitability. These collaborations often lead to shared resources and increased market access, further contributing to the company's earnings.

Ten-League International Holdings Limited Financial Statement Overview

Summary

Ten-League International Holdings Limited faces several financial challenges, including declining revenue, reduced profitability, and high leverage. While there are some operational efficiencies, the company's high debt levels and negative cash flow position present significant risks. The company needs to focus on improving revenue growth and managing its debt to enhance financial stability.

Income Statement

The income statement reveals a declining trend in revenue with a negative growth rate of -19.63% in the most recent year. Profit margins have also decreased, with the net profit margin dropping to 3.22% from 9.73% the previous year. The gross profit margin has also declined, indicating pressure on profitability. However, the company maintains a positive EBIT and EBITDA margin, suggesting some operational efficiency.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio of 6.05, indicating significant leverage and potential financial risk. The return on equity has decreased to 30.30%, reflecting reduced profitability on shareholders' equity. The equity ratio is low, highlighting a reliance on debt financing, which could pose risks if market conditions worsen.

Cash Flow

The cash flow statement indicates a challenging situation with negative free cash flow, although there is a significant improvement in free cash flow growth. The operating cash flow to net income ratio is low, suggesting limited cash generation relative to net income. The negative free cash flow to net income ratio further highlights cash flow challenges.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	58.50M	72.78M	74.47M	57.17M
Gross Profit	10.66M	15.78M	14.72M	10.67M
EBITDA	8.69M	13.07M	9.71M	5.28M
Net Income	1.88M	7.08M	4.99M	1.79M
Balance Sheet
Total Assets	71.05M	65.74M	57.67M	53.76M
Cash, Cash Equivalents and Short-Term Investments	686.00K	2.34M	5.98M	9.07M
Total Debt	37.62M	32.76M	26.87M	30.03M
Total Liabilities	64.83M	61.41M	54.42M	41.50M
Stockholders Equity	6.22M	4.33M	3.25M	12.26M
Cash Flow
Free Cash Flow	-7.81M	-19.40M	4.54M	-7.77M
Operating Cash Flow	5.01M	-7.02M	21.39M	4.30M
Investing Cash Flow	-8.74M	-3.14M	-8.16M	-9.59M
Financing Cash Flow	2.07M	6.51M	-16.33M	13.79M

Ten-League International Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WLFC	72 Outperform	$1.24B	10.91	18.91%	0.82%	27.90%	19.25%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MPU	55 Neutral	$44.76M	-1.78	-62.46%	―	19.87%	-111.99%
VSTS	55 Neutral	$861.63M	-21.40	-4.55%	2.09%	-2.53%	-291.35%
TLIH	51 Neutral	$12.25M	4.23	―	―	―	―
CTOS	50 Neutral	$1.43B	-57.09	-3.00%	―	7.39%	34.57%
ALTG	48 Neutral	$217.91M	-2.69	-160.65%	4.88%	-3.95%	-47.70%

Ten-League International Holdings Limited Corporate Events

Ten-League Completes Hydraulic Grab Handover for Singapore’s Cross Island MRT Line

In December 2025, Ten-League International Holdings Limited completed the handover of five hydraulic grabs to Bachy Soletanche Singapore for deployment on Singapore’s Cross Island Line, the country’s eighth and longest fully underground MRT line. The equipment, which will support critical earth-retaining and stabilizing works for underground station construction on major MRT segments such as the Jurong Lake District line and the Punggol Extension, bolsters Ten-League’s strategic position in the heavy equipment supply market and deepens its longstanding partnership with Bachy Soletanche Singapore, marking a key business milestone and enhancing its role in large-scale infrastructure programs in Singapore.

The most recent analyst rating on (TLIH) stock is a Hold with a $0.48 price target. To see the full list of analyst forecasts on Ten-League International Holdings Limited stock, see the TLIH Stock Forecast page.

Ten-League International Appoints New Auditor Amid Smooth Transition

Ten-League International Holdings Limited, a company involved in international holdings, announced a change in its independent registered public accounting firm on December 12, 2025. The company appointed CT International LLP, replacing OneStop Assurance P.A.C., after a thorough evaluation process approved by the board’s audit committee. This change was not due to any disagreements with OneStop regarding accounting principles or practices, and OneStop’s audit reports for previous fiscal years were unqualified. The transition is expected to have no adverse impact on the company’s financial reporting or operations.

The most recent analyst rating on (TLIH) stock is a Hold with a $0.48 price target. To see the full list of analyst forecasts on Ten-League International Holdings Limited stock, see the TLIH Stock Forecast page.

Ten-League Secures New Order from PSA Singapore to Enhance Port Electrification

Ten-League International Holdings Limited announced on November 14, 2025, that its subsidiary, Ten-League Port Engineering Solutions, secured a new order from PSA Singapore to supply 30 battery electric terminal purpose prime movers, scheduled for delivery by the end of 2025. This order follows the successful deployment of Singapore’s first Battery Charging and Swap Station at the Pasir Panjang Terminal in 2024, marking a significant step in advancing port electrification and supporting PSA’s decarbonization efforts. The order underscores Ten-League’s role in sustainable port operations and is expected to strengthen its global presence and deliver long-term value to shareholders.

The most recent analyst rating on (TLIH) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Ten-League International Holdings Limited stock, see the TLIH Stock Forecast page.