Added to YB: 2025-08-28
Pitch date: 2025-08-26
WJP.SI [neutral]
VICOM Ltd
-1.24%
current return
Author Info
The Financial Pen is a finance industry veteran hunting mispriced quality. They investigate misunderstood opportunities, spotlight overlooked bets, and deploy capital across U.S. and pan-Asian markets. Sign up for the newsletter.
Company Info
VICOM Ltd, an investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.
Market Cap
SGD 567.3M
Pitch Price
SGD 1.61
Price Target
N/A
Dividend
3.88%
EV/EBITDA
12.09
P/E
18.46
EV/Sales
4.11
Sector
Commercial Services and Supplies
Category
growth
Earnings Notes (Aug 2025) - VICOM Ltd.
WJP.SI (earnings update): VICOM H1 rev +24%, ERP 2.0 OBU install 2/3 complete creates future maintenance tail. SG 2030 ICE ban likely extends COEs, aging fleet drives annual vs biennial inspections (~70% renewal = ~50% cars annual by 2030). Structural boost to highest-margin business. 70% dividend payout ratio.
Read full article (2 min)