Added to YB: 2024-08-05
Pitch date: 2024-08-03
BBW.SI [bullish]
Azeus Systems Holdings Ltd.
+29.8%
current return
Author Info
Company Info
Azeus Systems Holdings Ltd., an investment holding company, provides IT products and services in Hong Kong, rest of Asia, the United Kingdom, rest of Europe, Australia, New Zealand, North America, South America, the Middle East, and Africa.
Market Cap
SGD 2.1B
Pitch Price
SGD 8.67
Price Target
N/A
Dividend
8.12%
EV/EBITDA
9.17
P/E
N/A
EV/Sales
N/A
Sector
IT Services
Category
growth
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.
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