Bedrijfsoverzicht
Ten-League International Holdings Limited, operating under the ticker TLIH, functions as a specialized distributor of heavy machinery and equipment parts, serving markets in Singapore and internationally. The company's core business involves the sale and rental of new and used heavy equipment, alongside the supply of foundation, hoist, excavation, and port machinery. It operates within the Industrials sector, specifically the Industrial Distribution industry, which encompasses the trading and leasing of capital goods essential for construction and infrastructure projects. With a market capitalization of $7.82M and annual revenue reaching $65.20M, the entity represents a micro-cap industrial player with a significant operational footprint relative to its valuation. The disparity between its substantial revenue of $65.20M and its modest market cap of $7.82M indicates that the market values the company at a significant discount to its sales base, suggesting either specific sector headwinds, high perceived risk, or a lack of analyst coverage typical for small-cap industrial firms.
Financiële gezondheid
The company reported total revenue of $65.20M for the trailing twelve months, generating net income of $3.62M and an EBITDA of $9.43M. The substantial gap between the $65.20M revenue and the $3.62M net income reveals a cost structure where operating expenses, including cost of goods sold and administrative costs, consume approximately 94.4% of total sales before interest and taxes are considered. The business generated free cash flow of $6.73M, which demonstrates a strong ability to convert earnings into cash, providing the financial flexibility to potentially service debt or fund operations despite the existing leverage. Profitability metrics show a gross margin of 21.9%, an operating margin of 7.6%, and a profit margin of 5.6%, indicating that the company retains roughly 5.6 cents for every dollar of revenue after all expenses are deducted. On the balance sheet, the company holds $7.64M in cash against $32.82M in debt, resulting in a debt-to-equity ratio of 381.55% which signals a highly leveraged financial position. The current ratio stands at 0.70, indicating that current assets are insufficient to cover current liabilities without relying on asset sales or external financing. Return on Equity is reported at 53.3% while Return on Assets is 4.7%, suggesting that while equity holders see high returns, the company's overall asset efficiency is modest, likely due to the heavy debt load depressing the ROA calculation.
Waarderingsbeoordeling
The trailing twelve-month P/E ratio is 2.66, while the forward P/E is listed as N/A, implying that analysts do not currently project a normalized earnings growth path or that future earnings estimates are unavailable for calculation. A price-to-book ratio of 1.11 suggests that the market values the company slightly above its net asset book value, indicating a minimal premium over the tangible assets backing the equity. Alternative valuation metrics such as a price-to-sales ratio of 0.12 and an EV/EBITDA of 3.45 further illustrate a valuation that is deeply discounted relative to both sales and earnings power. The stock has exhibited extreme volatility, trading between a 52-week low of $0.22 and a 52-week high of $7.00. Without a specific current price provided in the available facts to calculate the exact percentage distance from the high, the trading range indicates a massive swing of over 3000% from the yearly low to the yearly high, reflecting high sentiment volatility. The beta value is listed as N/A, meaning volatility relative to the broader market cannot be quantified with the provided data points.
Growth & Income
Revenue growth for the year-over-year period is 21.6%, while earnings growth is significantly higher at 268.9%, implying that earnings are expanding at a rate much faster than revenue, likely driven by margin expansion or one-time gains. As a non-dividend payer, the company maintains a dividend yield of N/A and a payout ratio of 0.0%, indicating that all earnings are retained within the business rather than distributed to shareholders. This reinvestment strategy aligns with the company's leveraged balance sheet, where cash flow is prioritized for debt management or operational scaling rather than income distribution. The overall growth and income profile is characterized by rapid earnings acceleration and a complete reliance on retained earnings for shareholder value creation, with no current income stream from dividends.