U10 Stock Analysis: UOB-KAY HIAN HOLDINGS | SG
Capital Markets | SG, Singapore | Market Cap: 3.218m SGD | 12M Return: 28.9% | SG1J21887414 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.57M
Warnings
Tailwinds
Seasonality 11.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
UOB-Kay Hian Holdings Limited is a Singapore-based investment holding company offering a broad range of financial services, including stockbroking, futures broking, structured lending, margin financing, nominee and research services, and investment trading. It provides corporate finance services such as equity underwriting and placement, mergers and acquisitions advisory, and financial advisory work, alongside structured finance solutions like privatization financing and credit restructuring.
The firm also delivers wealth management services, including asset allocation strategies, discretionary portfolio management, and external investment products, and trades a wide suite of instruments such as equities, bonds, contracts for difference, daily leverage certificates, exchange traded funds, futures and options, leveraged foreign exchange, and unit trusts. Its client base spans financial institutions, fund management companies, corporations, high net worth individuals, and mass market retail investors, with operations across Singapore, Hong Kong, Thailand, Malaysia, London, New Jersey, Toronto, and other international markets. The company was incorporated in 1970 and is headquartered in Singapore.
Operating within the Investment Banking & Brokerage sub-industry, UOB-Kay Hian generates revenue through a mix of brokerage commissions, trading income, interest from margin and structured lending, and advisory fees. Its name reflects a historical association with the United Overseas Bank (UOB) group, one of Singapores major banking institutions, providing the firm with regional brand recognition across Southeast Asian markets.
- Singapore and Hong Kong trading volumes drive brokerage commissions
- Higher interest rates boost margin financing and structured lending income
- Digital broker competition pressures retail brokerage margins
| Net Income: 239.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 0.67 > 1.0 |
| NWC/Revenue: 346.9% < 20% (prev 378.2%; Δ -31.24% < -1%) |
| CFO/TA -0.01 > 3% & CFO -67.4m > Net Income 239.4m |
| Net Debt (-1.41b) to EBITDA (326.9m): -4.30 < 3 |
| Current Ratio: 1.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (984.2m) vs 12m ago 5.25% < -2% |
| Gross Margin: 42.92% > 18% (prev 45.27%; Δ -2.35% > 0.5%) |
| Asset Turnover: 9.13% > 50% (prev 9.38%; Δ -0.25% > 0%) |
| Interest Coverage Ratio: 7.67 > 6 (EBIT TTM 311.5m / Interest Expense TTM 40.6m) |
| A: 0.27 (Total Current Assets 7.77b - Total Current Liabilities 5.60b) / Total Assets 7.98b |
| B: 0.25 (Retained Earnings 1.97b / Total Assets 7.98b) |
| C: 0.05 (EBIT TTM 311.5m / Avg Total Assets 6.83b) |
| D: 0.42 (Book Value of Equity 2.35b / Total Liabilities 5.63b) |
| Altman-Z'' = 3.33 = A |
| DSRI: 1.30 (Receivables 3.61b/2.38b, Revenue 623.7m/532.7m) |
| GMI: 1.05 (GM 45.27% / 42.92%) |
| AQI: 0.82 (AQ_t 0.02 / AQ_t-1 0.03) |
| SGI: 1.17 (Revenue 623.7m / 532.7m) |
| TATA: 0.04 (NI 239.4m - CFO -67.4m) / TA 7.98b) |
| Beneish M = -2.71 (Cap -4..+1) = A |
As of November 04, 2026, the stock is trading at SGD 3.13 with a total of 938,600 shares traded. Over the past week, the price has changed by +4.68%, over one month by -15.86%, over three months by -25.30% and over the past year by +28.90%.
Current recommended Stop Loss: 2.80 (which is 10.5% or 2.5 ATR below the current price).
UOB-KAY HIAN HOLDINGS has no consensus analysts rating.
P/E Trailing = 10.5484
P/E Forward = 11.0011
P/S = 3.8065
P/B = 1.2537
Revenue TTM = 623.7m SGD
EBIT TTM = 311.5m SGD
EBITDA TTM = 326.9m SGD
Long Term Debt = unknown (none)
Short Term Debt = 2.36b SGD (from shortLongTermDebt, last quarter)
Debt = 25.7m SGD (Leases only: 25.7m)
Net Debt = -1.41b SGD (calculated: Debt 25.7m - CCE 1.43b)
Enterprise Value = 1.81b SGD (3.22b + Debt 25.7m - CCE 1.43b)
Interest Coverage Ratio = 7.67 (Ebit TTM 311.5m / Interest Expense TTM 40.6m)
EV/FCF = -22.08x (Enterprise Value 1.81b / FCF TTM -82.1m)
FCF Yield = -4.53% (FCF TTM -82.1m / Enterprise Value 1.81b)
FCF Margin = -13.17% (FCF TTM -82.1m / Revenue TTM 623.7m)
Net Margin = 38.38% (Net Income TTM 239.4m / Revenue TTM 623.7m)
Gross Margin = 42.92% ((Revenue TTM 623.7m - Cost of Revenue TTM 356.0m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.23 (Enterprise Value 1.81b / Total Assets 7.98b)
Interest Expense / Debt = 158.2% (Interest Expense 40.6m / Debt 25.7m)
Taxrate = 11.60% (31.4m / 270.9m)
NOPAT = 275.3m (EBIT 311.5m * (1 - 11.60%))
Current Ratio = 1.39 (Total Current Assets 7.77b / Total Current Liabilities 5.60b)
Debt / Equity = 0.01 (Debt 25.7m / totalStockholderEquity, last quarter 2.35b)
Debt / EBITDA = -4.30 (Net Debt -1.41b / EBITDA 326.9m)
Debt / FCF = 17.12 (negative FCF - burning cash) (Net Debt -1.41b / FCF TTM -82.1m)
Total Stockholder Equity = 2.21b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.50% (Net Income 239.4m / Total Assets 7.98b)
RoE = 10.83% (Net Income TTM 239.4m / Total Stockholder Equity 2.21b)
RoCE = 13.09% (EBIT 311.5m / Capital Employed (Total Assets 7.98b - Current Liab 5.60b))
RoIC = 11.73% (NOPAT 275.3m / Invested Capital 2.35b)
WACC = 7.96% (E(3.22b)/V(3.24b) * Re(8.02%) + (debt cost/tax rate unavailable))
Discount Rate = 8.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 97.67 | Cagr: 4.14%
[DCF] Fair Price = unknown (Cash Flow -82.1m)
Revenue Correlation: 100.00 | Revenue CAGR: 17.15% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=0.31 | Chg30d=-1.34% | Revisions=+25% | GrowthEPS=+23.1% | GrowthRev=+76.7%
EPS next Year (2027-12-31): EPS=0.34 | Chg30d=-1.82% | Revisions=+25% | GrowthEPS=+11.8% | GrowthRev=+8.8%
[Analyst] Revisions Ratio: +40% (up=2, down=0)