Azeus Systems Holdings (SGX:BBW) EBITDA: S$25.82 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:BBW Azeus Systems Holdings Ltd SGX:BBW
88 GF Score
Price S$10.20
GF Value S$14.93
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Azeus Systems Holdings EBITDA?

Azeus Systems Holdings SGX:BBW +0.20% 88 EBITDA is S$25.82 Mil as of Mar. 2026. GuruFocus rates SGX:BBW with a GF Score™ of 88/100 and a GF Value™ of S$14.93 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Azeus Systems Holdings's EBITDA for the six months ended in Mar. 2026 was S$16.36 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was S$25.82 Mil.

During the past 12 months, the average EBITDA Growth Rate of Azeus Systems Holdings was -23.80% per year. During the past 3 years, the average EBITDA Growth Rate was 37.50% per year. During the past 5 years, the average EBITDA Growth Rate was 37.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Azeus Systems Holdings was 477.70% per year. The lowest was -73.20% per year. And the median was 22.10% per year.

Azeus Systems Holdings's EBITDA per Share for the six months ended in Mar. 2026 was S$0.55. Its EBITDA per share for the trailing twelve months (TTM) ended in Mar. 2026 was S$0.86.

During the past 12 months, the average EBITDA per Share Growth Rate of Azeus Systems Holdings was -23.80% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 37.50% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 37.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Azeus Systems Holdings was 508.20% per year. The lowest was -79.40% per year. And the median was 6.85% per year.

Azeus Systems Holdings  (SGX:BBW) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Azeus Systems Holdings EBITDA Related Terms


Azeus Systems Holdings EBITDA Historical Data

* Premium members only.

The historical data trend for Azeus Systems Holdings's EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Azeus Systems Holdings EBITDA Chart

Azeus Systems Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.97 10.22 17.26 34.89 26.59

Azeus Systems Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.97 9.60 24.31 9.46 16.36

SGX:BBW vs IBM, ACN, FISV: EBITDA Comparison

For the Information Technology Services subindustry, Azeus Systems Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Azeus Systems Holdings EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Azeus Systems Holdings's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Azeus Systems Holdings's EV-to-EBITDA falls into.


SGX:BBW
88GF Score
Azeus Systems Holdings Ltd SGX:BBW
EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Azeus Systems Holdings's EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Azeus Systems Holdings's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Mar. 2026, Azeus Systems Holdings's EBITDA was S$26.59 Mil.

Azeus Systems Holdings's EBITDA for the quarter that ended in Mar. 2026 is calculated as

Azeus Systems Holdings's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Mar. 2026, Azeus Systems Holdings's EBITDA was S$16.36 Mil.

EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$25.82 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Frequently Asked Questions Learn more about EBITDA →
What does a EBITDA of S$25.82 Mil mean?
Azeus Systems Holdings (SGX:BBW) has a EBITDA of S$25.82 Mil as of Mar. 2026. Ebitda is the difference between operating revenue and operating expenses not including depreciation and amortization. View historical data on Azeus Systems Holdings.
Is Azeus Systems Holdings' EBITDA too high?
Azeus Systems Holdings' current EBITDA is S$25.82 Mil. Overall, Azeus Systems Holdings has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Azeus Systems Holdings' EBITDA compare to IBM and ACN?
Azeus Systems Holdings' EBITDA of S$25.82 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA for a Software company?
A good EBITDA depends on the Software industry context. However, EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA mean?
A high EBITDA can signal that a stock is expensive relative to its fundamentals. Ebitda is the difference between operating revenue and operating expenses not including depreciation and amortization. View historical data on Azeus Systems Holdings. Azeus Systems Holdings's current EBITDA is S$25.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azeus Systems Holdings stock overvalued right now?
Based on GuruFocus' analysis, Azeus Systems Holdings (SGX:BBW) is currently considered Significantly Undervalued. The stock's GF Value™ is S$14.93, compared to a current price of S$10.20 — trading 31.7% below its estimated fair value. The current EBITDA is S$25.82 Mil. Azeus Systems Holdings' overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA calculated?
EBITDA is calculated from a company's financial statements. For Azeus Systems Holdings (SGX:BBW), the current EBITDA is S$25.82 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Azeus Systems Holdings (SGX:BBW) Overvalued in 2026?

Based on GuruFocus' analysis, Azeus Systems Holdings stock appears to be undervalued. The current stock price of S$10.20 is trading 31.7% below its estimated GF Value™ of S$14.93. GuruFocus considers Azeus Systems Holdings to be Significantly Undervalued.

Key valuation signals for SGX:BBW:

  • EBITDA: S$25.82 Mil
  • GF Value™: S$14.93 vs. price of S$10.20 (31.7% below fair value)
  • GF Score™: 88/100 with 3 warning signs

No single metric tells the full story. See the SGX:BBW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azeus Systems Holdings Business Description

Address 979 Kings Road, 33rd Floor, Cambridge House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Azeus Systems Holdings Ltd is an investment holding company that 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. It operates through two segments, IT Services and Azeus Product. The IT Service segment includes designing and implementing a broad range of IT software and systems, as well as developing and integrating various software programmes of IT systems to fulfill the outsourcing needs of its customers. Its Product includes developing innovative technologies and solutions such as proprietary products known as AzeusCare, an enterprise level social care management system, and Convene, an award-winning Board Portal.
88GF Score

Get the complete analysis for SGX:BBW

EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$10.20
Price
S$14.93
GF Value