IPC (SGX:AZA) - Stock Price, News & Analysis

AZA Stock Overview

An investment holding company, engages in property development and investment activities in Singapore, Japan, and China. More details

AZA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	3/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (1.9x) is below the SG market (11.5x)

Became profitable this year

Risk Analysis

High level of non-cash earnings

Does not have a meaningful market cap (SGD9M)

Does not have meaningful revenue (SGD2M)

IPC Corporation Ltd Competitors

Pan Hong Holdings Group

SGX:P36

S$49.2m

Chuan Hup Holdings

SGX:C33

S$147.3m

Sing Holdings

SGX:5IC

S$134.3m

Hiap Hoe

SGX:5JK

S$263.5m

Price History & Performance

Summary of all time highs, changes and price drops for IPC
Historical stock prices
Current Share Price	S$0.10
52 Week High	S$0.12
52 Week Low	S$0.081
Beta	1.06
11 Month Change	-3.74%
3 Month Change	6.19%
1 Year Change	-0.96%
33 Year Change	-31.79%
5 Year Change	-66.23%
Change since IPO	-99.73%

Statutory Earnings May Not Be The Best Way To Understand IPC's (SGX:AZA) True Position

Aug 13

Recent updates

Statutory Earnings May Not Be The Best Way To Understand IPC's (SGX:AZA) True Position

Aug 13

Trade Alert: Tiow Hee Tan At IPC Corporation Ltd (SGX:AZA), Has Just Spent S$517k Buying 100% More Shares

Feb 26

Here's Why IPC (SGX:AZA) Can Afford Some Debt

Nov 22

Shareholder Returns

	AZA	SG Real Estate	SG Market
7D	0%	2.1%	0.5%
1Y	-1.0%	3.3%	14.1%

Return vs Industry: AZA underperformed the SG Real Estate industry which returned 3.3% over the past year.

Return vs Market: AZA underperformed the SG Market which returned 14.1% over the past year.

Price Volatility

Is AZA's price volatile compared to industry and market?
AZA volatility
AZA Average Weekly Movement	6.1%
Real Estate Industry Average Movement	5.2%
Market Average Movement	4.6%
10% most volatile stocks in SG Market	14.4%
10% least volatile stocks in SG Market	2.1%

Stable Share Price: AZA has not had significant price volatility in the past 3 months compared to the SG market.

Volatility Over Time: AZA's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1985	n/a	Patrick Ngiam	www.ipc.com.sg

IPC Corporation Ltd, an investment holding company, engages in property development and investment activities in Singapore, Japan, and China. The company operates through Properties, Hotel Management, Investment, and Other segments. It invests in and resells properties; and provides property consulting services.

IPC Corporation Ltd Fundamentals Summary

How do IPC's earnings and revenue compare to its market cap?
AZA fundamental statistics
Market cap	S$8.79m
Earnings (TTM)	S$4.52m
Revenue (TTM)	S$2.50m

1.9x

P/E Ratio

3.5x

P/S Ratio

Is AZA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AZA income statement (TTM)
Revenue	S$2.50m
Cost of Revenue	S$2.14m
Gross Profit	S$359.00k
Other Expenses	-S$4.16m
Earnings	S$4.52m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.053
Gross Margin	14.37%
Net Profit Margin	180.71%
Debt/Equity Ratio	14.9%

How did AZA perform over the long term?

See historical performance and comparison

AZA Stock Overview

Rewards

Risk Analysis

IPC Corporation Ltd Competitors

SGX:P36

S$49.2m

SGX:C33

S$147.3m

SGX:5IC

S$134.3m

SGX:5JK

S$263.5m

Price History & Performance

Recent News & Updates

Statutory Earnings May Not Be The Best Way To Understand IPC's (SGX:AZA) True Position

New major risk - Share price stability

Now 35% undervalued after recent price drop

IPC Corporation Ltd, Annual General Meeting, Apr 29, 2024

Full year 2023 earnings released: S$0.007 loss per share (vs S$0.088 loss in FY 2022)

New minor risk - Financial data availability

Recent updates

Statutory Earnings May Not Be The Best Way To Understand IPC's (SGX:AZA) True Position

New major risk - Share price stability

Now 35% undervalued after recent price drop

IPC Corporation Ltd, Annual General Meeting, Apr 29, 2024

Full year 2023 earnings released: S$0.007 loss per share (vs S$0.088 loss in FY 2022)

New minor risk - Financial data availability

First half 2023 earnings released: S$0.064 loss per share (vs S$0.029 loss in 1H 2022)

IPC (SGX:AZA) Has Debt But No Earnings; Should You Worry?

Full year 2022 earnings released

Is IPC (SGX:AZA) Using Debt Sensibly?

Full year 2022 earnings released: S$0.088 loss per share (vs S$0.10 loss in FY 2021)

Less than half of directors are independent

Here's Why IPC (SGX:AZA) Can Afford Some Debt

First half 2022 earnings released

Is IPC (SGX:AZA) Using Too Much Debt?

Less than half of directors are independent

Full year 2021 earnings released: S$0.10 loss per share (vs S$0.33 loss in FY 2020)

IPC Corporation Ltd, Annual General Meeting, Apr 28, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Now 40% undervalued after recent price drop

First half 2021 earnings released: S$0.055 loss per share (vs S$0.26 loss in 1H 2020)

Here's Why IPC (SGX:AZA) Can Afford Some Debt

Less than half of directors are independent

Lead Independent Director has left the company

Would IPC (SGX:AZA) Be Better Off With Less Debt?

IPC Corporation Ltd Appoints Tan Cher Liang as an Independent Director

Trade Alert: Tiow Hee Tan At IPC Corporation Ltd (SGX:AZA), Has Just Spent S$517k Buying 100% More Shares

Full year 2020 earnings released

Here's Why IPC (SGX:AZA) Can Afford Some Debt

First half earnings released

Shareholder Returns

Price Volatility

About the Company

IPC Corporation Ltd Fundamentals Summary

1.9x

3.5x

Earnings & Revenue