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Added to YB: 2024-08-05

Pitch date: 2024-08-03

BBW.SI [bullish]

Azeus Systems Holdings Ltd.

+35.41%

current return

Author Info

Company Info

Azeus Systems Holdings Ltd., an investment holding company, provides IT products and services in Hong Kong, Asia, the United Kingdom, Europe, Australia, New Zealand, North America, South America, the Middle East, and Africa.

Market Cap

SGD 2.1B

Pitch Price

SGD 8.86

Price Target

N/A

Dividend

3.85%

EV/EBITDA

16.39

P/E

20.04

EV/Sales

5.46

Sector

IT Services

Category

growth

Show full summary:
Azeus Systems Holdings Ltd. - $BBW.SI

Azeus: HK IT co. pivoting to SaaS (77% rev). Strong growth (17% 5yr CAGR), high margins, 45% ROIC. $1.02B CERKS gov contract. No debt, 44% cash/assets. 82% insider owned. Trades 5x sales, 17x PE. Risks: product moat, low float. 30% growth, high ROIC, founder-led, 100% dividend payout. Opportunity in HK-based, SGX-listed smallcap.

Read full article (5 min)