MQ Technology Berhad, an investment holding company, manufactures and sells molds, tools, dies, jigs, and fixtures primarily for use in the manufacture of hard disk drives in Malaysia, Thailand, the United States, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||RM0.07|
|52 Week High||RM0.05|
|52 Week Low||RM0.18|
|1 Month Change||27.27%|
|3 Month Change||-12.50%|
|1 Year Change||-48.15%|
|3 Year Change||55.56%|
|5 Year Change||-41.67%|
|Change since IPO||-87.59%|
Recent News & Updates
|MQTECH||MY Semiconductor||MY Market|
Return vs Industry: MQTECH underperformed the MY Semiconductor industry which returned 112% over the past year.
Return vs Market: MQTECH underperformed the MY Market which returned 6.2% over the past year.
Stable Share Price: MQTECH is more volatile than 90% of MY stocks over the past 3 months, typically moving +/- 18% a week.
Volatility Over Time: MQTECH's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of MY stocks.
About the Company
MQ Technology Berhad, an investment holding company, manufactures and sells molds, tools, dies, jigs, and fixtures primarily for use in the manufacture of hard disk drives in Malaysia, Thailand, the United States, and internationally. The company also designs, develops, and manufactures advanced suspension tooling, progressive tooling, and semiconductor cavity/encapsulation molds for application in the hard disk drives and semiconductor industries; and advanced automation modules/ assemblies for digital data storage, medical instrument systems/devices, and optoelectronics applications and related components. In addition, it offers car spare parts; plastic molds, metal molds, and blowing molds for plastic products; and tooling products, jigs, and fixtures for use in electronic and semiconductor industries.
MQ Technology Berhad Fundamentals Summary
|MQTECH fundamental statistics|
Is MQTECH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MQTECH income statement (TTM)|
|Cost of Revenue||RM5.66m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00049|
|Net Profit Margin||-5.15%|
How did MQTECH perform over the long term?See historical performance and comparison
Is MQ Technology Berhad undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MQTECH (MYR0.07) is trading below our estimate of fair value (MYR0.2)
Significantly Below Fair Value: MQTECH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MQTECH is unprofitable, so we can't compare its PE Ratio to the MY Semiconductor industry average.
PE vs Market: MQTECH is unprofitable, so we can't compare its PE Ratio to the MY market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MQTECH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MQTECH is good value based on its PB Ratio (1.6x) compared to the MY Semiconductor industry average (5x).
How is MQ Technology Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Semiconductors industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MQ Technology Berhad has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has MQ Technology Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MQTECH is currently unprofitable.
Growing Profit Margin: MQTECH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MQTECH is unprofitable, and losses have increased over the past 5 years at a rate of 5.7% per year.
Accelerating Growth: Unable to compare MQTECH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MQTECH is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (83.3%).
Return on Equity
High ROE: MQTECH has a negative Return on Equity (-1.14%), as it is currently unprofitable.
How is MQ Technology Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: MQTECH's short term assets (MYR26.0M) exceed its short term liabilities (MYR5.9M).
Long Term Liabilities: MQTECH's short term assets (MYR26.0M) exceed its long term liabilities (MYR3.9M).
Debt to Equity History and Analysis
Debt Level: MQTECH is debt free.
Reducing Debt: MQTECH has no debt compared to 5 years ago when its debt to equity ratio was 36.5%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MQTECH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MQTECH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.8% per year.
What is MQ Technology Berhad current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MQTECH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MQTECH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MQTECH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MQTECH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MQTECH's dividend in 3 years as they are not forecast to pay a notable one for the MY market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
MQ Technology Berhad has no CEO, or we have no data on them.
Experienced Management: MQTECH's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: MQTECH's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.9%.
MQ Technology Berhad's employee growth, exchange listings and data sources
- Name: MQ Technology Berhad
- Ticker: MQTECH
- Exchange: KLSE
- Founded: 2003
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: RM59.292m
- Shares outstanding: 847.03m
- Website: https://www.mqtech.com.my
- MQ Technology Berhad
- Pusat Dagangan Phileo Damansara 1
- 506, Block D
- Kuala Lumpur
- Wilayah Persekutuan
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 15:35|
|End of Day Share Price||2021/09/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.