View ValuationMi Technovation Berhad 将来の成長Future 基準チェック /36Mi Technovation Berhad利益と収益がそれぞれ年間16.4%と11%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に11.7% 16.3%なると予測されています。主要情報16.4%収益成長率16.28%EPS成長率Semiconductor 収益成長27.2%収益成長率11.0%将来の株主資本利益率11.70%アナリストカバレッジLow最終更新日22 May 2026今後の成長に関する最新情報Price Target Changed • Apr 23Price target increased by 7.5% to RM4.10Up from RM3.81, the current price target is an average from 5 analysts. New target price is 25% above last closing price of RM3.28. Stock is up 92% over the past year. The company is forecast to post earnings per share of RM0.13 for next year compared to RM0.11 last year.Major Estimate Revision • Nov 20Consensus revenue estimates increase by 15%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from RM524.0m to RM601.6m. EPS estimate increased from RM0.096 to RM0.11 per share. Net income forecast to grow 23% next year vs 34% growth forecast for Semiconductor industry in Malaysia. Consensus price target up from RM2.70 to RM3.63. Share price rose 5.2% to RM3.24 over the past week.Price Target Changed • Nov 16Price target increased by 22% to RM2.95Up from RM2.42, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of RM3.07. Stock is up 65% over the past year. The company is forecast to post earnings per share of RM0.10 for next year compared to RM0.076 last year.Price Target Changed • Jun 25Price target decreased by 8.9% to RM2.42Down from RM2.65, the current price target is an average from 4 analysts. New target price is 27% above last closing price of RM1.90. Stock is down 27% over the past year. The company is forecast to post earnings per share of RM0.094 for next year compared to RM0.076 last year.Price Target Changed • May 14Price target increased by 12% to RM2.37Up from RM2.12, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of RM2.27. Stock is up 60% over the past year. The company is forecast to post earnings per share of RM0.087 for next year compared to RM0.062 last year.Price Target Changed • Nov 17Price target increased by 7.5% to RM2.16Up from RM2.01, the current price target is an average from 4 analysts. New target price is 12% above last closing price of RM1.93. Stock is up 54% over the past year. The company is forecast to post earnings per share of RM0.063 for next year compared to RM0.077 last year.すべての更新を表示Recent updates分析記事 • 11hIf EPS Growth Is Important To You, Mi Technovation Berhad (KLSE:MI) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...お知らせ • Apr 29Mi Technovation Berhad, Annual General Meeting, Jun 12, 2026Mi Technovation Berhad, Annual General Meeting, Jun 12, 2026, at 10:00 Singapore Standard Time. Location: auditorium of the company, no. 20, medan bayan lepas technoplex, mk 12, taman perindustrian bayan lepas, 11900 bayan lepas, pulau pinang, MalaysiaPrice Target Changed • Apr 23Price target increased by 7.5% to RM4.10Up from RM3.81, the current price target is an average from 5 analysts. New target price is 25% above last closing price of RM3.28. Stock is up 92% over the past year. The company is forecast to post earnings per share of RM0.13 for next year compared to RM0.11 last year.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RM2.95, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Semiconductor industry in Malaysia. Total returns to shareholders of 75% over the past three years.Reported Earnings • Feb 26Full year 2025 earnings released: EPS: RM0.10 (vs RM0.076 in FY 2024)Full year 2025 results: EPS: RM0.10 (up from RM0.076 in FY 2024). Revenue: RM625.0m (up 35% from FY 2024). Net income: RM93.8m (up 38% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jan 15Earnings Tell The Story For Mi Technovation Berhad (KLSE:MI) As Its Stock Soars 26%Mi Technovation Berhad ( KLSE:MI ) shareholders have had their patience rewarded with a 26% share price jump in the...Major Estimate Revision • Nov 20Consensus revenue estimates increase by 15%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from RM524.0m to RM601.6m. EPS estimate increased from RM0.096 to RM0.11 per share. Net income forecast to grow 23% next year vs 34% growth forecast for Semiconductor industry in Malaysia. Consensus price target up from RM2.70 to RM3.63. Share price rose 5.2% to RM3.24 over the past week.分析記事 • Nov 17Party Time: Brokers Just Made Major Increases To Their Mi Technovation Berhad (KLSE:MI) Earnings ForecastsMi Technovation Berhad ( KLSE:MI ) shareholders will have a reason to smile today, with the analysts making substantial...Price Target Changed • Nov 16Price target increased by 22% to RM2.95Up from RM2.42, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of RM3.07. Stock is up 65% over the past year. The company is forecast to post earnings per share of RM0.10 for next year compared to RM0.076 last year.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: RM0.04 (vs RM0.008 loss in 3Q 2024)Third quarter 2025 results: EPS: RM0.04 (up from RM0.008 loss in 3Q 2024). Revenue: RM197.1m (up 67% from 3Q 2024). Net income: RM35.9m (up RM43.1m from 3Q 2024). Profit margin: 18% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Oct 27These 4 Measures Indicate That Mi Technovation Berhad (KLSE:MI) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...分析記事 • Oct 09Investors Appear Satisfied With Mi Technovation Berhad's (KLSE:MI) Prospects As Shares Rocket 25%Despite an already strong run, Mi Technovation Berhad ( KLSE:MI ) shares have been powering on, with a gain of 25% in...Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RM2.76, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 33x in the Semiconductor industry in Malaysia. Total returns to shareholders of 156% over the past three years.Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Group CFO & Executive Director Shiao Voon Yong was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • Aug 17First half dividend of RM0.01 announcedShareholders will receive a dividend of RM0.01. Ex-date: 28th August 2025 Payment date: 17th September 2025 Dividend yield will be 2.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (114% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 27% to bring the payout ratio under control. EPS is expected to grow by 91% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: RM0.018 (vs RM0.031 in 2Q 2024)Second quarter 2025 results: EPS: RM0.018 (down from RM0.031 in 2Q 2024). Revenue: RM154.1m (up 21% from 2Q 2024). Net income: RM15.6m (down 44% from 2Q 2024). Profit margin: 10% (down from 22% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Price Target Changed • Jun 25Price target decreased by 8.9% to RM2.42Down from RM2.65, the current price target is an average from 4 analysts. New target price is 27% above last closing price of RM1.90. Stock is down 27% over the past year. The company is forecast to post earnings per share of RM0.094 for next year compared to RM0.076 last year.Reported Earnings • May 17First quarter 2025 earnings released: EPS: RM0.02 (vs RM0.03 in 1Q 2024)First quarter 2025 results: EPS: RM0.02 (down from RM0.03 in 1Q 2024). Revenue: RM119.5m (up 12% from 1Q 2024). Net income: RM17.6m (down 34% from 1Q 2024). Profit margin: 15% (down from 25% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.分析記事 • May 09What Mi Technovation Berhad's (KLSE:MI) 30% Share Price Gain Is Not Telling YouThose holding Mi Technovation Berhad ( KLSE:MI ) shares would be relieved that the share price has rebounded 30% in the...お知らせ • Apr 29Mi Technovation Berhad, Annual General Meeting, Jun 10, 2025Mi Technovation Berhad, Annual General Meeting, Jun 10, 2025, at 10:30 Singapore Standard Time. Location: junior ballroom, level 2, intercontinental kuala lumpur, 165 jalan ampang, 50350 kuala lumpur, wilayah persekutuan kuala lumpur, Malaysia分析記事 • Apr 28Be Wary Of Mi Technovation Berhad (KLSE:MI) And Its Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to RM1.49, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Semiconductor industry in Malaysia. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM0.77 per share.分析記事 • Mar 19Pinning Down Mi Technovation Berhad's (KLSE:MI) P/E Is Difficult Right NowWith a price-to-earnings (or "P/E") ratio of 23.5x Mi Technovation Berhad ( KLSE:MI ) may be sending very bearish...Reported Earnings • Feb 22Full year 2024 earnings released: EPS: RM0.076 (vs RM0.062 in FY 2023)Full year 2024 results: EPS: RM0.076 (up from RM0.062 in FY 2023). Revenue: RM463.5m (up 30% from FY 2023). Net income: RM68.1m (up 24% from FY 2023). Profit margin: 15% (in line with FY 2023). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.Upcoming Dividend • Dec 02Upcoming dividend of RM0.035 per shareEligible shareholders must have bought the stock before 09 December 2024. Payment date: 30 December 2024. Payout ratio is a comfortable 68% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (1.8%).Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to RM2.09, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Semiconductor industry in Malaysia. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM1.29 per share.Reported Earnings • Nov 21Third quarter 2024 earnings released: RM0.008 loss per share (vs RM0.016 profit in 3Q 2023)Third quarter 2024 results: RM0.008 loss per share (down from RM0.016 profit in 3Q 2023). Revenue: RM117.7m (up 20% from 3Q 2023). Net loss: RM7.20m (down 151% from profit in 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.分析記事 • Aug 19Mi Technovation Berhad (KLSE:MI) Will Pay A Dividend Of MYR0.025Mi Technovation Berhad's ( KLSE:MI ) investors are due to receive a payment of MYR0.025 per share on 18th of September...Declared Dividend • Aug 19First half dividend of RM0.025 announcedShareholders will receive a dividend of RM0.025. Ex-date: 29th August 2024 Payment date: 18th September 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 7.0% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: RM0.031 (vs RM0.025 in 2Q 2023)Second quarter 2024 results: EPS: RM0.031 (up from RM0.025 in 2Q 2023). Revenue: RM127.2m (up 51% from 2Q 2023). Net income: RM27.6m (up 21% from 2Q 2023). Profit margin: 22% (down from 27% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.分析記事 • Aug 05Mi Technovation Berhad (KLSE:MI) Shares May Have Slumped 28% But Getting In Cheap Is Still UnlikelyMi Technovation Berhad ( KLSE:MI ) shareholders won't be pleased to see that the share price has had a very rough...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to RM1.90, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 31x in the Semiconductor industry in Malaysia. Total loss to shareholders of 53% over the past three years.Valuation Update With 7 Day Price Move • May 17Investor sentiment improves as stock rises 24%After last week's 24% share price gain to RM2.41, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 31x in the Semiconductor industry in Malaysia. Total loss to shareholders of 19% over the past three years.Price Target Changed • May 14Price target increased by 12% to RM2.37Up from RM2.12, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of RM2.27. Stock is up 60% over the past year. The company is forecast to post earnings per share of RM0.087 for next year compared to RM0.062 last year.Reported Earnings • May 12First quarter 2024 earnings released: EPS: RM0.03 (vs RM0.007 in 1Q 2023)First quarter 2024 results: EPS: RM0.03 (up from RM0.007 in 1Q 2023). Revenue: RM107.1m (up 39% from 1Q 2023). Net income: RM26.8m (up 319% from 1Q 2023). Profit margin: 25% (up from 8.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • May 03Mi Technovation Berhad, Annual General Meeting, Jun 11, 2024Mi Technovation Berhad, Annual General Meeting, Jun 11, 2024, at 10:00 Singapore Standard Time. Location: Auditorium of the Company, No. 20 Medan Bayan Lepas Technoplex MK 12, Taman Perindustrian Bayan Lepas Pulau Pinang Malaysia Agenda: To receive the Audited Financial Statements for the year ended 31 December 2023; to consider Board changes; to approve payment of benefits payable to the Executive Directors of the Company totaling RM24,000 from 7 June 2023 to 11 June 2024; to re-appoint Messrs BDO PLT, the retiring Auditors, as Auditors of the Company, and to authorise the Board to fix their remuneration; and to consider any other matter thereof.Upcoming Dividend • Feb 29Upcoming dividend of RM0.02 per shareEligible shareholders must have bought the stock before 07 March 2024. Payment date: 25 March 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (1.6%).分析記事 • Feb 26Mi Technovation Berhad (KLSE:MI) Is Due To Pay A Dividend Of MYR0.02The board of Mi Technovation Berhad ( KLSE:MI ) has announced that it will pay a dividend of MYR0.02 per share on the...Declared Dividend • Feb 25Final dividend of RM0.02 announcedDividend of RM0.02 is the same as last year. Ex-date: 7th March 2024 Payment date: 25th March 2024 Dividend yield will be 2.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 54% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 24Full year 2023 earnings released: EPS: RM0.062 (vs RM0.077 in FY 2022)Full year 2023 results: EPS: RM0.062 (down from RM0.077 in FY 2022). Revenue: RM356.0m (down 8.6% from FY 2022). Net income: RM55.2m (down 20% from FY 2022). Profit margin: 16% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.Price Target Changed • Nov 17Price target increased by 7.5% to RM2.16Up from RM2.01, the current price target is an average from 4 analysts. New target price is 12% above last closing price of RM1.93. Stock is up 54% over the past year. The company is forecast to post earnings per share of RM0.063 for next year compared to RM0.077 last year.Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: RM0.016 (vs RM0.023 in 3Q 2022)Third quarter 2023 results: EPS: RM0.016 (down from RM0.023 in 3Q 2022). Revenue: RM98.4m (up 9.8% from 3Q 2022). Net income: RM14.2m (down 30% from 3Q 2022). Profit margin: 14% (down from 23% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Aug 17Upcoming dividend of RM0.02 per share at 2.5% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (1.7%).お知らせ • Aug 13MI Technovation Berhad Announces First Interim Dividend for Financial Year Ending 31 December 2023, Payable on 11 September 2023Mi Technovation Berhad announced First Interim Dividend of 2.0 sen per ordinary share in respect of the financial year ending 31 December 2023. Ex-Date is 24 August 2023. Payment Date is 11 September 2023. Entitlement date is 25 August 2023.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: RM0.025 (vs RM0.021 in 2Q 2022)Second quarter 2023 results: EPS: RM0.025 (up from RM0.021 in 2Q 2022). Revenue: RM84.1m (down 10% from 2Q 2022). Net income: RM22.7m (up 22% from 2Q 2022). Profit margin: 27% (up from 20% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to RM1.62, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 30x in the Semiconductor industry in Malaysia. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM0.78 per share.分析記事 • Jul 13At RM1.55, Is Mi Technovation Berhad (KLSE:MI) Worth Looking At Closely?Mi Technovation Berhad ( KLSE:MI ), might not be a large cap stock, but it saw a double-digit share price rise of over...分析記事 • Jun 15Mi Technovation Berhad (KLSE:MI) Is Reinvesting At Lower Rates Of ReturnIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Reported Earnings • May 09First quarter 2023 earnings released: EPS: RM0.007 (vs RM0.014 in 1Q 2022)First quarter 2023 results: EPS: RM0.007 (down from RM0.014 in 1Q 2022). Revenue: RM76.8m (down 14% from 1Q 2022). Net income: RM6.40m (down 50% from 1Q 2022). Profit margin: 8.3% (down from 14% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to RM1.35, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 28x in the Semiconductor industry in Malaysia. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM0.75 per share.Major Estimate Revision • Mar 01Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from RM451.3m to RM395.6m. EPS estimate fell from RM0.09 to RM0.088 per share. Net income forecast to grow 16% next year vs 11% growth forecast for Semiconductor industry in Malaysia. Consensus price target up from RM1.73 to RM1.96. Share price rose 23% to RM1.96 over the past week.Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 23%After last week's 23% share price gain to RM1.96, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 29x in the Semiconductor industry in Malaysia. Total loss to shareholders of 26% over the past three years.Upcoming Dividend • Feb 28Upcoming dividend of RM0.02 per share at 2.1% yieldEligible shareholders must have bought the stock before 07 March 2023. Payment date: 21 March 2023. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Malaysian dividend payers (5.2%). Higher than average of industry peers (1.9%).Reported Earnings • Feb 23Full year 2022 earnings released: EPS: RM0.077 (vs RM0.075 in FY 2021)Full year 2022 results: EPS: RM0.077 (up from RM0.075 in FY 2021). Revenue: RM389.5m (up 3.7% from FY 2021). Net income: RM68.9m (up 11% from FY 2021). Profit margin: 18% (up from 17% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.分析記事 • Feb 07Capital Allocation Trends At Mi Technovation Berhad (KLSE:MI) Aren't IdealFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Board Change • Dec 30Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent & Non Executive Director Yee Phoon was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Oct 01+ 4 more updatesMi Technovation Berhad Announces Resignation of Miss Wong Ming Nee as Chief Finance DirectorMi Technovation Berhad Announced resignation of Miss Wong Ming Nee as Chief Finance Director due to pursue personal matter. Date of change 30 September 2022. Her Age is 47.Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improved over the past weekAfter last week's 21% share price gain to RM1.35, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Semiconductor industry in Malaysia. Total returns to shareholders of 3.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM0.64 per share.分析記事 • Sep 09Is Now The Time To Look At Buying Mi Technovation Berhad (KLSE:MI)?Mi Technovation Berhad ( KLSE:MI ), is not the largest company out there, but it saw a double-digit share price rise of...Major Estimate Revision • Aug 04Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from RM410.0m to RM382.6m. EPS estimate also fell from RM0.08 per share to RM0.06 per share. Net income forecast to grow 7.4% next year vs 32% growth forecast for Semiconductor industry in Malaysia. Consensus price target down from RM2.12 to RM1.71. Share price was steady at RM1.53 over the past week.Upcoming Dividend • Aug 04Upcoming dividend of RM0.01 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 56% and the cash payout ratio is 78%. Trailing yield: 2.6%. Lower than top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (1.8%).お知らせ • Jul 29Mi Technovation Berhad Announces Second Single-Tier Interim Dividend for the Financial Year Ending 31 December 2022 Payable on 26 August 2022Mi Technovation Berhad announced second single-tier interim dividend of 1.0 sen per ordinary share for the financial year ending 31 December 2022 payable on 26 August 2022. Ex-date is 11 August 2022. Entitlement date is 12 August 2022.Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: RM0.021 (vs RM0.033 in 2Q 2021)Second quarter 2022 results: EPS: RM0.021 (down from RM0.033 in 2Q 2021). Revenue: RM93.6m (down 20% from 2Q 2021). Net income: RM18.7m (down 28% from 2Q 2021). Profit margin: 20% (down from 22% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 7.5%, compared to a 18% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jul 22A Look At The Intrinsic Value Of Mi Technovation Berhad (KLSE:MI)Does the July share price for Mi Technovation Berhad ( KLSE:MI ) reflect what it's really worth? Today, we will...お知らせ • Jul 02Mi Technovation Berhad appoints Wong Ming Nee as Chief Finance DirectorMi Technovation Berhad announced the appointment of Miss. Wong Ming Nee as Chief Finance Director, effective from the 01 July 2022. Wong has more than 22 years of vast experiences in finance and accounting, corporate exercise, mergers and acquisitions, taxation, controlling and compliances.お知らせ • Jul 01Mi Technovation Berhad Announces Resignation of MADAM YONG SHIAO VOON as Executive DirectorMi Technovation Berhad announced the resignation of MADAM YONG SHIAO VOON as Executive Director due to pave way for promotion of Deputy Chief Financial Officer pursuant to the Company's succession plan, date of change is June 30, 2022. Qualifications: Degree: Accounting in University of Malaya. Working experience and occupation: Madam Yong started her career in 1994 as Accountant in CGPC Fabrication (M) Sdn Bhd, a foreign-owned company. She was then promoted to Plant Accountant and assigned to base in Shanghai under Tamco Switchgear (Shanghai) Co. Ltd. until 2001. Thereafter, she joined Danisco Malaysia Sdn Bhd as Finance Manager and left in 2012 prior to joining Hitachi Asia Ltd. in Singapre as SAP Consultant. In 2016, she joined Mi International Pte Ltd. as the Financial Controller and promoted to General Manager in January 2019. She involved heavily in the floatation process and successfully brought the Group from private to IPO in June 2018. Madam Yong was then appointed as the Group Chief Financial Officer in March 2019.分析記事 • Jun 13With EPS Growth And More, Mi Technovation Berhad (KLSE:MI) Is InterestingIt's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...Valuation Update With 7 Day Price Move • Jun 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to RM1.45, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Semiconductor industry in Malaysia. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM1.35 per share.分析記事 • May 13Investors Could Be Concerned With Mi Technovation Berhad's (KLSE:MI) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Upcoming Dividend • May 11Upcoming dividend of RM0.01 per shareEligible shareholders must have bought the stock before 18 May 2022. Payment date: 02 June 2022. Payout ratio is a comfortable 61% and the cash payout ratio is 86%. Trailing yield: 2.4%. Lower than top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (1.8%).Major Estimate Revision • Apr 30Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from RM470.0m to RM448.0m. EPS estimate also fell from RM0.09 per share to RM0.08 per share. Net income forecast to grow 20% next year vs 32% growth forecast for Semiconductor industry in Malaysia. Consensus price target of RM3.90 unchanged from last update. Share price fell 2.7% to RM1.80 over the past week.Reported Earnings • Apr 27Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: RM0.075 (up from RM0.072 in FY 2020). Revenue: RM375.5m (up 64% from FY 2020). Net income: RM61.8m (up 14% from FY 2020). Profit margin: 17% (down from 24% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 25%, compared to a 24% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 18% share price gain to RM2.06, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Semiconductor industry in Malaysia. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM2.04 per share.Buying Opportunity • Mar 07Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 53%. The fair value is estimated to be RM2.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% per annum over the last 3 years. Earnings per share has grown by 4.3% per annum over the last 3 years.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to RM1.70, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 21x in the Semiconductor industry in Malaysia. Total returns to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM2.08 per share.Upcoming Dividend • Feb 28Upcoming dividend of RM0.02 per shareEligible shareholders must have bought the stock before 07 March 2022. Payment date: 22 March 2022. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Malaysian dividend payers (4.5%). Higher than average of industry peers (1.0%).お知らせ • Feb 22+ 8 more updatesMi Technovation Berhad Announces Second Interim Dividend for the Financial Year Ending December 31, 2021, Payable on March 22, 2022Mi Technovation Berhad announced the second interim dividend of 2.0 Sen per ordinary share for the financial year ending December 31, 2021. Ex-date is on March 7, 2022 and payable on March 22, 2022.Reported Earnings • Feb 22Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: RM0.075 (up from RM0.072 in FY 2020). Revenue: RM375.5m (up 64% from FY 2020). Net income: RM61.8m (up 14% from FY 2020). Profit margin: 17% (down from 24% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 36%, compared to a 27% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.Price Target Changed • Dec 17Price target decreased to RM4.83Down from RM5.40, the current price target is an average from 3 analysts. New target price is 44% above last closing price of RM3.36. Stock is down 9.2% over the past year. The company is forecast to post earnings per share of RM0.074 for next year compared to RM0.072 last year.分析記事 • Nov 27Does Mi Technovation Berhad (KLSE:MI) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Upcoming Dividend • Nov 08Upcoming dividend of RM0.03 per shareEligible shareholders must have bought the stock before 15 November 2021. Payment date: 30 November 2021. Trailing yield: 1.6%. Lower than top quartile of Malaysian dividend payers (4.2%). Higher than average of industry peers (0.7%).Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS RM0.022 (vs RM0.017 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: RM114.0m (up 77% from 3Q 2020). Net income: RM19.0m (up 54% from 3Q 2020). Profit margin: 17% (down from 19% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 25Mi Technovation Berhad has completed a Follow-on Equity Offering in the amount of MYR 295.425 million.Mi Technovation Berhad has completed a Follow-on Equity Offering in the amount of MYR 295.425 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,750,000 Price\Range: MYR 3.9 Transaction Features: Subsequent Direct ListingReported Earnings • Aug 03Second quarter 2021 earnings released: EPS RM0.033 (vs RM0.024 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: RM117.3m (up 89% from 2Q 2020). Net income: RM26.1m (up 44% from 2Q 2020). Profit margin: 22% (down from 29% in 2Q 2020). The decrease in margin was driven by higher expenses.業績と収益の成長予測KLSE:MI - アナリストの将来予測と過去の財務データ ( )MYR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2028861156107157312/31/202782314582121512/31/202672912730105512/31/20256259495142N/A9/30/20255829058101N/A6/30/202550347-138N/A3/31/202547659-1418N/A12/31/2024463732447N/A9/30/2024449593459N/A6/30/2024429805472N/A3/31/2024386767182N/A12/31/2023356556977N/A9/30/2023376605362N/A6/30/2023368667584N/A3/31/2023377625769N/A12/31/2022389696981N/A9/30/202236265114140N/A6/30/2022387646999N/A3/31/2022410715282N/A12/31/202137562050N/A9/30/202135362-47-4N/A6/30/202130355-48-5N/A3/31/202124847-419N/A12/31/202022954-1530N/A9/30/202023058-401N/A6/30/202021363-436N/A3/31/202019763-2145N/A12/31/201919159-3032N/A9/30/201915449N/A44N/A6/30/201914845N/A30N/A3/31/201915645N/A15N/A12/31/201816044N/A12N/A12/31/201717359N/A41N/A12/31/20165716N/A9N/A12/31/201510541N/A49N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: MIの予測収益成長率 (年間16.4% ) は 貯蓄率 ( 3.8% ) を上回っています。収益対市場: MIの収益 ( 16.4% ) はMY市場 ( 10.4% ) よりも速いペースで成長すると予測されています。高成長収益: MIの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: MIの収益 ( 11% ) MY市場 ( 6.5% ) よりも速いペースで成長すると予測されています。高い収益成長: MIの収益 ( 11% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: MIの 自己資本利益率 は、3年後には低くなると予測されています ( 11.7 %)。成長企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 11:27終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Mi Technovation Berhad 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8 アナリスト機関Kevin LowAffin Hwang Investment BankMinwei MakBerjaya Securities Sdn Bhd.Dharmini ThuraisingamCGS International5 その他のアナリストを表示
Price Target Changed • Apr 23Price target increased by 7.5% to RM4.10Up from RM3.81, the current price target is an average from 5 analysts. New target price is 25% above last closing price of RM3.28. Stock is up 92% over the past year. The company is forecast to post earnings per share of RM0.13 for next year compared to RM0.11 last year.
Major Estimate Revision • Nov 20Consensus revenue estimates increase by 15%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from RM524.0m to RM601.6m. EPS estimate increased from RM0.096 to RM0.11 per share. Net income forecast to grow 23% next year vs 34% growth forecast for Semiconductor industry in Malaysia. Consensus price target up from RM2.70 to RM3.63. Share price rose 5.2% to RM3.24 over the past week.
Price Target Changed • Nov 16Price target increased by 22% to RM2.95Up from RM2.42, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of RM3.07. Stock is up 65% over the past year. The company is forecast to post earnings per share of RM0.10 for next year compared to RM0.076 last year.
Price Target Changed • Jun 25Price target decreased by 8.9% to RM2.42Down from RM2.65, the current price target is an average from 4 analysts. New target price is 27% above last closing price of RM1.90. Stock is down 27% over the past year. The company is forecast to post earnings per share of RM0.094 for next year compared to RM0.076 last year.
Price Target Changed • May 14Price target increased by 12% to RM2.37Up from RM2.12, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of RM2.27. Stock is up 60% over the past year. The company is forecast to post earnings per share of RM0.087 for next year compared to RM0.062 last year.
Price Target Changed • Nov 17Price target increased by 7.5% to RM2.16Up from RM2.01, the current price target is an average from 4 analysts. New target price is 12% above last closing price of RM1.93. Stock is up 54% over the past year. The company is forecast to post earnings per share of RM0.063 for next year compared to RM0.077 last year.
分析記事 • 11hIf EPS Growth Is Important To You, Mi Technovation Berhad (KLSE:MI) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
お知らせ • Apr 29Mi Technovation Berhad, Annual General Meeting, Jun 12, 2026Mi Technovation Berhad, Annual General Meeting, Jun 12, 2026, at 10:00 Singapore Standard Time. Location: auditorium of the company, no. 20, medan bayan lepas technoplex, mk 12, taman perindustrian bayan lepas, 11900 bayan lepas, pulau pinang, Malaysia
Price Target Changed • Apr 23Price target increased by 7.5% to RM4.10Up from RM3.81, the current price target is an average from 5 analysts. New target price is 25% above last closing price of RM3.28. Stock is up 92% over the past year. The company is forecast to post earnings per share of RM0.13 for next year compared to RM0.11 last year.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RM2.95, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Semiconductor industry in Malaysia. Total returns to shareholders of 75% over the past three years.
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: RM0.10 (vs RM0.076 in FY 2024)Full year 2025 results: EPS: RM0.10 (up from RM0.076 in FY 2024). Revenue: RM625.0m (up 35% from FY 2024). Net income: RM93.8m (up 38% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jan 15Earnings Tell The Story For Mi Technovation Berhad (KLSE:MI) As Its Stock Soars 26%Mi Technovation Berhad ( KLSE:MI ) shareholders have had their patience rewarded with a 26% share price jump in the...
Major Estimate Revision • Nov 20Consensus revenue estimates increase by 15%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from RM524.0m to RM601.6m. EPS estimate increased from RM0.096 to RM0.11 per share. Net income forecast to grow 23% next year vs 34% growth forecast for Semiconductor industry in Malaysia. Consensus price target up from RM2.70 to RM3.63. Share price rose 5.2% to RM3.24 over the past week.
分析記事 • Nov 17Party Time: Brokers Just Made Major Increases To Their Mi Technovation Berhad (KLSE:MI) Earnings ForecastsMi Technovation Berhad ( KLSE:MI ) shareholders will have a reason to smile today, with the analysts making substantial...
Price Target Changed • Nov 16Price target increased by 22% to RM2.95Up from RM2.42, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of RM3.07. Stock is up 65% over the past year. The company is forecast to post earnings per share of RM0.10 for next year compared to RM0.076 last year.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: RM0.04 (vs RM0.008 loss in 3Q 2024)Third quarter 2025 results: EPS: RM0.04 (up from RM0.008 loss in 3Q 2024). Revenue: RM197.1m (up 67% from 3Q 2024). Net income: RM35.9m (up RM43.1m from 3Q 2024). Profit margin: 18% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Oct 27These 4 Measures Indicate That Mi Technovation Berhad (KLSE:MI) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Oct 09Investors Appear Satisfied With Mi Technovation Berhad's (KLSE:MI) Prospects As Shares Rocket 25%Despite an already strong run, Mi Technovation Berhad ( KLSE:MI ) shares have been powering on, with a gain of 25% in...
Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RM2.76, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 33x in the Semiconductor industry in Malaysia. Total returns to shareholders of 156% over the past three years.
Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Group CFO & Executive Director Shiao Voon Yong was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • Aug 17First half dividend of RM0.01 announcedShareholders will receive a dividend of RM0.01. Ex-date: 28th August 2025 Payment date: 17th September 2025 Dividend yield will be 2.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (114% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 27% to bring the payout ratio under control. EPS is expected to grow by 91% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: RM0.018 (vs RM0.031 in 2Q 2024)Second quarter 2025 results: EPS: RM0.018 (down from RM0.031 in 2Q 2024). Revenue: RM154.1m (up 21% from 2Q 2024). Net income: RM15.6m (down 44% from 2Q 2024). Profit margin: 10% (down from 22% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Price Target Changed • Jun 25Price target decreased by 8.9% to RM2.42Down from RM2.65, the current price target is an average from 4 analysts. New target price is 27% above last closing price of RM1.90. Stock is down 27% over the past year. The company is forecast to post earnings per share of RM0.094 for next year compared to RM0.076 last year.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: RM0.02 (vs RM0.03 in 1Q 2024)First quarter 2025 results: EPS: RM0.02 (down from RM0.03 in 1Q 2024). Revenue: RM119.5m (up 12% from 1Q 2024). Net income: RM17.6m (down 34% from 1Q 2024). Profit margin: 15% (down from 25% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
分析記事 • May 09What Mi Technovation Berhad's (KLSE:MI) 30% Share Price Gain Is Not Telling YouThose holding Mi Technovation Berhad ( KLSE:MI ) shares would be relieved that the share price has rebounded 30% in the...
お知らせ • Apr 29Mi Technovation Berhad, Annual General Meeting, Jun 10, 2025Mi Technovation Berhad, Annual General Meeting, Jun 10, 2025, at 10:30 Singapore Standard Time. Location: junior ballroom, level 2, intercontinental kuala lumpur, 165 jalan ampang, 50350 kuala lumpur, wilayah persekutuan kuala lumpur, Malaysia
分析記事 • Apr 28Be Wary Of Mi Technovation Berhad (KLSE:MI) And Its Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to RM1.49, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Semiconductor industry in Malaysia. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM0.77 per share.
分析記事 • Mar 19Pinning Down Mi Technovation Berhad's (KLSE:MI) P/E Is Difficult Right NowWith a price-to-earnings (or "P/E") ratio of 23.5x Mi Technovation Berhad ( KLSE:MI ) may be sending very bearish...
Reported Earnings • Feb 22Full year 2024 earnings released: EPS: RM0.076 (vs RM0.062 in FY 2023)Full year 2024 results: EPS: RM0.076 (up from RM0.062 in FY 2023). Revenue: RM463.5m (up 30% from FY 2023). Net income: RM68.1m (up 24% from FY 2023). Profit margin: 15% (in line with FY 2023). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.
Upcoming Dividend • Dec 02Upcoming dividend of RM0.035 per shareEligible shareholders must have bought the stock before 09 December 2024. Payment date: 30 December 2024. Payout ratio is a comfortable 68% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (1.8%).
Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to RM2.09, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Semiconductor industry in Malaysia. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM1.29 per share.
Reported Earnings • Nov 21Third quarter 2024 earnings released: RM0.008 loss per share (vs RM0.016 profit in 3Q 2023)Third quarter 2024 results: RM0.008 loss per share (down from RM0.016 profit in 3Q 2023). Revenue: RM117.7m (up 20% from 3Q 2023). Net loss: RM7.20m (down 151% from profit in 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.
分析記事 • Aug 19Mi Technovation Berhad (KLSE:MI) Will Pay A Dividend Of MYR0.025Mi Technovation Berhad's ( KLSE:MI ) investors are due to receive a payment of MYR0.025 per share on 18th of September...
Declared Dividend • Aug 19First half dividend of RM0.025 announcedShareholders will receive a dividend of RM0.025. Ex-date: 29th August 2024 Payment date: 18th September 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 7.0% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: RM0.031 (vs RM0.025 in 2Q 2023)Second quarter 2024 results: EPS: RM0.031 (up from RM0.025 in 2Q 2023). Revenue: RM127.2m (up 51% from 2Q 2023). Net income: RM27.6m (up 21% from 2Q 2023). Profit margin: 22% (down from 27% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
分析記事 • Aug 05Mi Technovation Berhad (KLSE:MI) Shares May Have Slumped 28% But Getting In Cheap Is Still UnlikelyMi Technovation Berhad ( KLSE:MI ) shareholders won't be pleased to see that the share price has had a very rough...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to RM1.90, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 31x in the Semiconductor industry in Malaysia. Total loss to shareholders of 53% over the past three years.
Valuation Update With 7 Day Price Move • May 17Investor sentiment improves as stock rises 24%After last week's 24% share price gain to RM2.41, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 31x in the Semiconductor industry in Malaysia. Total loss to shareholders of 19% over the past three years.
Price Target Changed • May 14Price target increased by 12% to RM2.37Up from RM2.12, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of RM2.27. Stock is up 60% over the past year. The company is forecast to post earnings per share of RM0.087 for next year compared to RM0.062 last year.
Reported Earnings • May 12First quarter 2024 earnings released: EPS: RM0.03 (vs RM0.007 in 1Q 2023)First quarter 2024 results: EPS: RM0.03 (up from RM0.007 in 1Q 2023). Revenue: RM107.1m (up 39% from 1Q 2023). Net income: RM26.8m (up 319% from 1Q 2023). Profit margin: 25% (up from 8.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • May 03Mi Technovation Berhad, Annual General Meeting, Jun 11, 2024Mi Technovation Berhad, Annual General Meeting, Jun 11, 2024, at 10:00 Singapore Standard Time. Location: Auditorium of the Company, No. 20 Medan Bayan Lepas Technoplex MK 12, Taman Perindustrian Bayan Lepas Pulau Pinang Malaysia Agenda: To receive the Audited Financial Statements for the year ended 31 December 2023; to consider Board changes; to approve payment of benefits payable to the Executive Directors of the Company totaling RM24,000 from 7 June 2023 to 11 June 2024; to re-appoint Messrs BDO PLT, the retiring Auditors, as Auditors of the Company, and to authorise the Board to fix their remuneration; and to consider any other matter thereof.
Upcoming Dividend • Feb 29Upcoming dividend of RM0.02 per shareEligible shareholders must have bought the stock before 07 March 2024. Payment date: 25 March 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (1.6%).
分析記事 • Feb 26Mi Technovation Berhad (KLSE:MI) Is Due To Pay A Dividend Of MYR0.02The board of Mi Technovation Berhad ( KLSE:MI ) has announced that it will pay a dividend of MYR0.02 per share on the...
Declared Dividend • Feb 25Final dividend of RM0.02 announcedDividend of RM0.02 is the same as last year. Ex-date: 7th March 2024 Payment date: 25th March 2024 Dividend yield will be 2.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 54% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 24Full year 2023 earnings released: EPS: RM0.062 (vs RM0.077 in FY 2022)Full year 2023 results: EPS: RM0.062 (down from RM0.077 in FY 2022). Revenue: RM356.0m (down 8.6% from FY 2022). Net income: RM55.2m (down 20% from FY 2022). Profit margin: 16% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Nov 17Price target increased by 7.5% to RM2.16Up from RM2.01, the current price target is an average from 4 analysts. New target price is 12% above last closing price of RM1.93. Stock is up 54% over the past year. The company is forecast to post earnings per share of RM0.063 for next year compared to RM0.077 last year.
Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: RM0.016 (vs RM0.023 in 3Q 2022)Third quarter 2023 results: EPS: RM0.016 (down from RM0.023 in 3Q 2022). Revenue: RM98.4m (up 9.8% from 3Q 2022). Net income: RM14.2m (down 30% from 3Q 2022). Profit margin: 14% (down from 23% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Aug 17Upcoming dividend of RM0.02 per share at 2.5% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (1.7%).
お知らせ • Aug 13MI Technovation Berhad Announces First Interim Dividend for Financial Year Ending 31 December 2023, Payable on 11 September 2023Mi Technovation Berhad announced First Interim Dividend of 2.0 sen per ordinary share in respect of the financial year ending 31 December 2023. Ex-Date is 24 August 2023. Payment Date is 11 September 2023. Entitlement date is 25 August 2023.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: RM0.025 (vs RM0.021 in 2Q 2022)Second quarter 2023 results: EPS: RM0.025 (up from RM0.021 in 2Q 2022). Revenue: RM84.1m (down 10% from 2Q 2022). Net income: RM22.7m (up 22% from 2Q 2022). Profit margin: 27% (up from 20% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to RM1.62, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 30x in the Semiconductor industry in Malaysia. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM0.78 per share.
分析記事 • Jul 13At RM1.55, Is Mi Technovation Berhad (KLSE:MI) Worth Looking At Closely?Mi Technovation Berhad ( KLSE:MI ), might not be a large cap stock, but it saw a double-digit share price rise of over...
分析記事 • Jun 15Mi Technovation Berhad (KLSE:MI) Is Reinvesting At Lower Rates Of ReturnIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Reported Earnings • May 09First quarter 2023 earnings released: EPS: RM0.007 (vs RM0.014 in 1Q 2022)First quarter 2023 results: EPS: RM0.007 (down from RM0.014 in 1Q 2022). Revenue: RM76.8m (down 14% from 1Q 2022). Net income: RM6.40m (down 50% from 1Q 2022). Profit margin: 8.3% (down from 14% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to RM1.35, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 28x in the Semiconductor industry in Malaysia. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM0.75 per share.
Major Estimate Revision • Mar 01Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from RM451.3m to RM395.6m. EPS estimate fell from RM0.09 to RM0.088 per share. Net income forecast to grow 16% next year vs 11% growth forecast for Semiconductor industry in Malaysia. Consensus price target up from RM1.73 to RM1.96. Share price rose 23% to RM1.96 over the past week.
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 23%After last week's 23% share price gain to RM1.96, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 29x in the Semiconductor industry in Malaysia. Total loss to shareholders of 26% over the past three years.
Upcoming Dividend • Feb 28Upcoming dividend of RM0.02 per share at 2.1% yieldEligible shareholders must have bought the stock before 07 March 2023. Payment date: 21 March 2023. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Malaysian dividend payers (5.2%). Higher than average of industry peers (1.9%).
Reported Earnings • Feb 23Full year 2022 earnings released: EPS: RM0.077 (vs RM0.075 in FY 2021)Full year 2022 results: EPS: RM0.077 (up from RM0.075 in FY 2021). Revenue: RM389.5m (up 3.7% from FY 2021). Net income: RM68.9m (up 11% from FY 2021). Profit margin: 18% (up from 17% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
分析記事 • Feb 07Capital Allocation Trends At Mi Technovation Berhad (KLSE:MI) Aren't IdealFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Board Change • Dec 30Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent & Non Executive Director Yee Phoon was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Oct 01+ 4 more updatesMi Technovation Berhad Announces Resignation of Miss Wong Ming Nee as Chief Finance DirectorMi Technovation Berhad Announced resignation of Miss Wong Ming Nee as Chief Finance Director due to pursue personal matter. Date of change 30 September 2022. Her Age is 47.
Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improved over the past weekAfter last week's 21% share price gain to RM1.35, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Semiconductor industry in Malaysia. Total returns to shareholders of 3.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM0.64 per share.
分析記事 • Sep 09Is Now The Time To Look At Buying Mi Technovation Berhad (KLSE:MI)?Mi Technovation Berhad ( KLSE:MI ), is not the largest company out there, but it saw a double-digit share price rise of...
Major Estimate Revision • Aug 04Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from RM410.0m to RM382.6m. EPS estimate also fell from RM0.08 per share to RM0.06 per share. Net income forecast to grow 7.4% next year vs 32% growth forecast for Semiconductor industry in Malaysia. Consensus price target down from RM2.12 to RM1.71. Share price was steady at RM1.53 over the past week.
Upcoming Dividend • Aug 04Upcoming dividend of RM0.01 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 56% and the cash payout ratio is 78%. Trailing yield: 2.6%. Lower than top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (1.8%).
お知らせ • Jul 29Mi Technovation Berhad Announces Second Single-Tier Interim Dividend for the Financial Year Ending 31 December 2022 Payable on 26 August 2022Mi Technovation Berhad announced second single-tier interim dividend of 1.0 sen per ordinary share for the financial year ending 31 December 2022 payable on 26 August 2022. Ex-date is 11 August 2022. Entitlement date is 12 August 2022.
Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: RM0.021 (vs RM0.033 in 2Q 2021)Second quarter 2022 results: EPS: RM0.021 (down from RM0.033 in 2Q 2021). Revenue: RM93.6m (down 20% from 2Q 2021). Net income: RM18.7m (down 28% from 2Q 2021). Profit margin: 20% (down from 22% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 7.5%, compared to a 18% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jul 22A Look At The Intrinsic Value Of Mi Technovation Berhad (KLSE:MI)Does the July share price for Mi Technovation Berhad ( KLSE:MI ) reflect what it's really worth? Today, we will...
お知らせ • Jul 02Mi Technovation Berhad appoints Wong Ming Nee as Chief Finance DirectorMi Technovation Berhad announced the appointment of Miss. Wong Ming Nee as Chief Finance Director, effective from the 01 July 2022. Wong has more than 22 years of vast experiences in finance and accounting, corporate exercise, mergers and acquisitions, taxation, controlling and compliances.
お知らせ • Jul 01Mi Technovation Berhad Announces Resignation of MADAM YONG SHIAO VOON as Executive DirectorMi Technovation Berhad announced the resignation of MADAM YONG SHIAO VOON as Executive Director due to pave way for promotion of Deputy Chief Financial Officer pursuant to the Company's succession plan, date of change is June 30, 2022. Qualifications: Degree: Accounting in University of Malaya. Working experience and occupation: Madam Yong started her career in 1994 as Accountant in CGPC Fabrication (M) Sdn Bhd, a foreign-owned company. She was then promoted to Plant Accountant and assigned to base in Shanghai under Tamco Switchgear (Shanghai) Co. Ltd. until 2001. Thereafter, she joined Danisco Malaysia Sdn Bhd as Finance Manager and left in 2012 prior to joining Hitachi Asia Ltd. in Singapre as SAP Consultant. In 2016, she joined Mi International Pte Ltd. as the Financial Controller and promoted to General Manager in January 2019. She involved heavily in the floatation process and successfully brought the Group from private to IPO in June 2018. Madam Yong was then appointed as the Group Chief Financial Officer in March 2019.
分析記事 • Jun 13With EPS Growth And More, Mi Technovation Berhad (KLSE:MI) Is InterestingIt's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to RM1.45, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Semiconductor industry in Malaysia. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM1.35 per share.
分析記事 • May 13Investors Could Be Concerned With Mi Technovation Berhad's (KLSE:MI) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Upcoming Dividend • May 11Upcoming dividend of RM0.01 per shareEligible shareholders must have bought the stock before 18 May 2022. Payment date: 02 June 2022. Payout ratio is a comfortable 61% and the cash payout ratio is 86%. Trailing yield: 2.4%. Lower than top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (1.8%).
Major Estimate Revision • Apr 30Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from RM470.0m to RM448.0m. EPS estimate also fell from RM0.09 per share to RM0.08 per share. Net income forecast to grow 20% next year vs 32% growth forecast for Semiconductor industry in Malaysia. Consensus price target of RM3.90 unchanged from last update. Share price fell 2.7% to RM1.80 over the past week.
Reported Earnings • Apr 27Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: RM0.075 (up from RM0.072 in FY 2020). Revenue: RM375.5m (up 64% from FY 2020). Net income: RM61.8m (up 14% from FY 2020). Profit margin: 17% (down from 24% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 25%, compared to a 24% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 18% share price gain to RM2.06, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Semiconductor industry in Malaysia. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM2.04 per share.
Buying Opportunity • Mar 07Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 53%. The fair value is estimated to be RM2.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% per annum over the last 3 years. Earnings per share has grown by 4.3% per annum over the last 3 years.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to RM1.70, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 21x in the Semiconductor industry in Malaysia. Total returns to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM2.08 per share.
Upcoming Dividend • Feb 28Upcoming dividend of RM0.02 per shareEligible shareholders must have bought the stock before 07 March 2022. Payment date: 22 March 2022. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Malaysian dividend payers (4.5%). Higher than average of industry peers (1.0%).
お知らせ • Feb 22+ 8 more updatesMi Technovation Berhad Announces Second Interim Dividend for the Financial Year Ending December 31, 2021, Payable on March 22, 2022Mi Technovation Berhad announced the second interim dividend of 2.0 Sen per ordinary share for the financial year ending December 31, 2021. Ex-date is on March 7, 2022 and payable on March 22, 2022.
Reported Earnings • Feb 22Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: RM0.075 (up from RM0.072 in FY 2020). Revenue: RM375.5m (up 64% from FY 2020). Net income: RM61.8m (up 14% from FY 2020). Profit margin: 17% (down from 24% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 36%, compared to a 27% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.
Price Target Changed • Dec 17Price target decreased to RM4.83Down from RM5.40, the current price target is an average from 3 analysts. New target price is 44% above last closing price of RM3.36. Stock is down 9.2% over the past year. The company is forecast to post earnings per share of RM0.074 for next year compared to RM0.072 last year.
分析記事 • Nov 27Does Mi Technovation Berhad (KLSE:MI) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Upcoming Dividend • Nov 08Upcoming dividend of RM0.03 per shareEligible shareholders must have bought the stock before 15 November 2021. Payment date: 30 November 2021. Trailing yield: 1.6%. Lower than top quartile of Malaysian dividend payers (4.2%). Higher than average of industry peers (0.7%).
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS RM0.022 (vs RM0.017 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: RM114.0m (up 77% from 3Q 2020). Net income: RM19.0m (up 54% from 3Q 2020). Profit margin: 17% (down from 19% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 25Mi Technovation Berhad has completed a Follow-on Equity Offering in the amount of MYR 295.425 million.Mi Technovation Berhad has completed a Follow-on Equity Offering in the amount of MYR 295.425 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,750,000 Price\Range: MYR 3.9 Transaction Features: Subsequent Direct Listing
Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS RM0.033 (vs RM0.024 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: RM117.3m (up 89% from 2Q 2020). Net income: RM26.1m (up 44% from 2Q 2020). Profit margin: 22% (down from 29% in 2Q 2020). The decrease in margin was driven by higher expenses.