Financials Micro-Mechanics (Holdings) Ltd.

Equities

5DD

SG1O09910991

Semiconductor Equipment & Testing

Market Closed - Singapore S.E. 03:35:33 2024-04-30 am EDT 5-day change 1st Jan Change
1.4 SGD +0.72% Intraday chart for Micro-Mechanics (Holdings) Ltd. -1.41% -27.46%

Valuation

Fiscal Period: Juni 2018 2019 2020 2021 2022 2023
Capitalization 1 248.9 218.3 243.3 433.8 403.2 243.3
Enterprise Value (EV) 1 229.6 197.9 224.5 415.7 384.4 231.2
P/E ratio 14.5 x 16.9 x 16.6 x 24 x 20.4 x 24.9 x
Yield 5.03% 5.73% 5.71% 3.85% 4.14% 5.14%
Capitalization / Revenue 3.82 x 3.62 x 3.79 x 5.88 x 4.89 x 3.63 x
EV / Revenue 3.53 x 3.28 x 3.5 x 5.64 x 4.66 x 3.45 x
EV / EBITDA 8.87 x 8.99 x 9.46 x 15.2 x 12.3 x 12.5 x
EV / FCF 40.8 x 14.3 x 18.6 x 29.6 x 23.1 x 17.3 x
FCF Yield 2.45% 7% 5.36% 3.38% 4.33% 5.77%
Price to Book 4.13 x 3.74 x 4.2 x 7.48 x 6.92 x 5.24 x
Nbr of stocks (in thousands) 139,032 139,032 139,032 139,032 139,032 139,032
Reference price 2 1.790 1.570 1.750 3.120 2.900 1.750
Announcement Date 9/28/18 9/26/19 9/30/20 9/29/21 9/21/22 9/29/23
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni 2018 2019 2020 2021 2022 2023
Net sales 1 65.1 60.33 64.21 73.73 82.46 67.02
EBITDA 1 25.9 22.01 23.73 27.35 31.27 18.43
EBIT 1 21.07 16.55 18.03 22.32 25.38 12.94
Operating Margin 32.37% 27.43% 28.08% 30.27% 30.78% 19.31%
Earnings before Tax (EBT) 1 21.85 17.07 19.08 23.23 26.15 13.63
Net income 1 17.14 12.95 14.65 18.06 19.81 9.77
Net margin 26.33% 21.46% 22.82% 24.5% 24.02% 14.58%
EPS 2 0.1233 0.0931 0.1054 0.1299 0.1425 0.0703
Free Cash Flow 1 5.625 13.85 12.04 14.03 16.64 13.35
FCF margin 8.64% 22.95% 18.75% 19.03% 20.18% 19.92%
FCF Conversion (EBITDA) 21.72% 62.91% 50.74% 51.3% 53.2% 72.43%
FCF Conversion (Net income) 32.81% 106.94% 82.19% 77.7% 84% 136.63%
Dividend per Share 2 0.0900 0.0900 0.1000 0.1200 0.1200 0.0900
Announcement Date 9/28/18 9/26/19 9/30/20 9/29/21 9/21/22 9/29/23
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 19.2 20.4 18.8 18.1 18.8 12.1
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 5.62 13.8 12 14 16.6 13.3
ROE (net income / shareholders' equity) 29.8% 21.8% 25.2% 31.2% 34.1% 18.7%
ROA (Net income/ Total Assets) 19% 14.4% 16% 19.4% 21.7% 12.3%
Assets 1 90.39 89.61 91.66 92.88 91.15 79.64
Book Value Per Share 2 0.4300 0.4200 0.4200 0.4200 0.4200 0.3300
Cash Flow per Share 2 0.1500 0.1600 0.1500 0.1500 0.1500 0.1000
Capex 1 12.1 3.42 3.71 6.78 4.91 3.34
Capex / Sales 18.62% 5.67% 5.77% 9.2% 5.95% 4.98%
Announcement Date 9/28/18 9/26/19 9/30/20 9/29/21 9/21/22 9/29/23
1SGD in Million2SGD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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