Micro-Mechanics (Holdings) Ltd. designs, manufactures, and markets high precision parts and tools used in applications for the wafer-fabrication and assembly processes of the semiconductor industry.
Flawless balance sheet with reasonable growth potential and pays a dividend.
Share Price & News
How has Micro-Mechanics (Holdings)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 5DD's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 5DD underperformed the SG Semiconductor industry which returned -6.3% over the past year.
Return vs Market: 5DD exceeded the SG Market which returned -29% over the past year.
Price Volatility Vs. Market
How volatile is Micro-Mechanics (Holdings)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StIs Micro-Mechanics (Holdings) Ltd.'s (SGX:5DD) High P/E Ratio A Problem For Investors?
2 months ago | Simply Wall StA Note On Micro-Mechanics (Holdings) Ltd.'s (SGX:5DD) ROE and Debt To Equity
3 months ago | Simply Wall StIs Micro-Mechanics (Holdings)'s (SGX:5DD) Share Price Gain Of 201% Well Earned?
Is Micro-Mechanics (Holdings) undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 5DD (SGD1.5) is trading above our estimate of fair value (SGD1.41)
Significantly Below Fair Value: 5DD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 5DD is poor value based on its PE Ratio (17.1x) compared to the Semiconductor industry average (8.7x).
PE vs Market: 5DD is poor value based on its PE Ratio (17.1x) compared to the SG market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: 5DD is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: 5DD is overvalued based on its PB Ratio (3.7x) compared to the SG Semiconductor industry average (0.9x).
How is Micro-Mechanics (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 5DD's forecast earnings growth (15.4% per year) is above the savings rate (1.8%).
Earnings vs Market: 5DD's earnings (15.4% per year) are forecast to grow faster than the SG market (4.7% per year).
High Growth Earnings: 5DD's earnings are forecast to grow, but not significantly.
Revenue vs Market: 5DD's revenue (11.3% per year) is forecast to grow faster than the SG market (4% per year).
High Growth Revenue: 5DD's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 5DD's Return on Equity is forecast to be high in 3 years time (28.2%)
How has Micro-Mechanics (Holdings) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5DD has high quality earnings.
Growing Profit Margin: 5DD's current net profit margins (20.3%) are lower than last year (24.6%).
Past Earnings Growth Analysis
Earnings Trend: 5DD's earnings have grown by 5.1% per year over the past 5 years.
Accelerating Growth: 5DD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 5DD had negative earnings growth (-22.5%) over the past year, making it difficult to compare to the Semiconductor industry average (-4.5%).
Return on Equity
High ROE: 5DD's Return on Equity (21.5%) is considered high.
How is Micro-Mechanics (Holdings)'s financial position?
Financial Position Analysis
Short Term Liabilities: 5DD's short term assets (SGD35.5M) exceed its short term liabilities (SGD8.3M).
Long Term Liabilities: 5DD's short term assets (SGD35.5M) exceed its long term liabilities (SGD2.7M).
Debt to Equity History and Analysis
Debt Level: 5DD is debt free.
Reducing Debt: 5DD has not had any debt for past 5 years.
Debt Coverage: 5DD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5DD has no debt, therefore coverage of interest payments is not a concern.
What is Micro-Mechanics (Holdings)'s current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 5DD's dividend (7.33%) is higher than the bottom 25% of dividend payers in the SG market (3.28%).
High Dividend: 5DD's dividend (7.33%) is in the top 25% of dividend payers in the SG market (7.15%)
Stability and Growth of Payments
Stable Dividend: 5DD's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5DD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (114.3%), 5DD's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 5DD's dividends in 3 years are forecast to be covered by earnings (80.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Christopher R. Borch, also known as Chris, founded Micro-Mechanics Holdings Ltd. in 1983 and serves as its Chief Executive Officer. Mr. Borch served as the President of Micro-Mechanics Holdings Ltd. He ...
|Founder||no data||no data||24.81% SGD51.7m|
|President||23.83yrs||no data||5.13% SGD10.7m|
|CFO, Company Secretary & Executive Director||17.25yrs||no data||2.02% SGD4.2m|
|Independent Director||5.83yrs||S$87.00k||0.014% SGD30.0k|
|Independent Non-Executive Chairman||9.67yrs||S$99.00k||0.22% SGD450.0k|
|Independent Director||0.83yr||S$2.54k||no data|
Experienced Board: 5DD's board of directors are seasoned and experienced ( 13.5 years average tenure).
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 not been meaningfully diluted in the past year.
Micro-Mechanics (Holdings) Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Micro-Mechanics (Holdings) Ltd.
- Ticker: 5DD
- Exchange: SGX
- Founded: 1983
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: S$208.548m
- Shares outstanding: 139.03m
- Website: https://www.micro-mechanics.com
Number of Employees
- Micro-Mechanics (Holdings) Ltd.
- No. 31 Kaki Bukit Place
- Eunos Techpark
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|5DD||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Jun 2003|
|MCRN.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 2003|
Micro-Mechanics (Holdings) Ltd. designs, manufactures, and markets high precision parts and tools used in applications for the wafer-fabrication and assembly processes of the semiconductor industry. The company operates in five segments: Singapore, Malaysia, The Philippines, USA, and China. It offers die attach - pick-up products, such as rubber tips, high-temp plastic tools, tungsten carbide tools, sensor assemblies, and vacuum wand tools; die attach - dispensing products, including dispense nozzle adaptors, dispense nozzles, pen dispense assemblies, writing pen nozzle tips, and epoxy stamping tools; and die attach - die ejection products comprising ejector needles, needle holders/pepper pots, and needle holder seals. The company also provides thermosonic bonding products that include clamps and electronic flame off products; ultrasonic bonding products comprising clamps, bearing base assemblies, anvils, and wire cutters; and encapsulation products consisting of BGA dispensing nozzles, dispensing manifolds, pump screws, and O-rings. In addition, it manufactures precision parts and assemblies on a contract basis for OEMs. Micro-Mechanics (Holdings) Ltd. was founded in 1983 and is based in Singapore.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 12:54|
|End of Day Share Price||2020/04/07 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.