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MQTE

MQ Technology BerhadKLSE:MQTECH Stock Report

Market Cap

RM59.3m

7D

7.7%

1Y

-48.1%

Updated

24 Sep, 2021

Data

Company Financials
MQTECH fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

MQTECH Overview

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

Summary of all time highs, changes and price drops for MQ Technology Berhad
Historical stock prices
Current Share PriceRM0.07
52 Week HighRM0.05
52 Week LowRM0.18
Beta2.08
1 Month Change27.27%
3 Month Change-12.50%
1 Year Change-48.15%
3 Year Change55.56%
5 Year Change-41.67%
Change since IPO-87.59%

Recent News & Updates

Shareholder Returns

MQTECHMY SemiconductorMY Market
7D7.7%3.7%-0.7%
1Y-48.1%112.0%6.2%

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.

Price Volatility

Is MQTECH's price volatile compared to industry and market?
MQTECH volatility
MQTECH Beta2.08
Industry Beta1.13
Market Beta1

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

FoundedEmployeesCEOWebsite
2003n/an/ahttps://www.mqtech.com.my

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

How do MQ Technology Berhad's earnings and revenue compare to its market cap?
MQTECH fundamental statistics
Market CapRM59.29m
Earnings (TTM)-RM418.42k
Revenue (TTM)RM8.13m

7.3x

P/S Ratio

-142.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MQTECH income statement (TTM)
RevenueRM8.13m
Cost of RevenueRM5.66m
Gross ProfitRM2.46m
ExpensesRM2.88m
Earnings-RM418.42k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00049
Gross Margin30.32%
Net Profit Margin-5.15%
Debt/Equity Ratio0%

How did MQTECH perform over the long term?

See historical performance and comparison

Valuation

Is MQ Technology Berhad undervalued compared to its fair value and its price relative to the market?

>50%

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).


Future Growth

How is MQ Technology Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.9%

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.


Past Performance

How has MQ Technology Berhad performed over the past 5 years?

-5.7%

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.


Financial Health

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%.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average management tenure


CEO

MQ Technology Berhad has no CEO, or we have no data on them.


Leadership Team

Experienced Management: MQTECH's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: MQTECH's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.9%.


Top Shareholders

Company Information

MQ Technology Berhad's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • MQ Technology Berhad
  • Pusat Dagangan Phileo Damansara 1
  • 506, Block D
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 59200
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:35
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.