Added to YB: 2025-01-22
Pitch date: 2025-01-20
BQM.SI [neutral]
Tiong Woon Corporation Holding Ltd
+27.76%
current return
Author Info
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Company Info
Tiong Woon Corporation Holding Ltd, an investment holding company, provides integrated services for the oil and gas, petrochemical, infrastructure, and construction sectors.
Market Cap
SGD 144.9M
Pitch Price
SGD 0.61
Price Target
N/A
Dividend
2.40%
EV/EBITDA
2.80
P/E
7.96
EV/Sales
1.09
Sector
Commercial Services and Supplies
Category
value
Monday Delight: 20/01/25 - Tiong Woon Corporation Holding Ltd
BQM.SI (quick dive): Tiong Woon Corp, SGD 137.9M mkt cap, trades at 0.45x P/B, 2.7x EV/EBITDA. Heavy equipment rental for construction/industrial. Low 6.1% ROE suggests fleet underutilization. Value opportunity: divest half of fleet to unlock cash and boost shareholder value. China exposure risk.
Read full article (1 min)