Micro-Mechanics (Holdings)
Market Cap
S$497.7m
Last Updated
2021/01/21 11:14 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with outstanding track record.
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 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 5DD's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
14.7%
5DD
8.3%
SG Semiconductor
5.0%
SG Market
1 Year Return
93.7%
5DD
62.4%
SG Semiconductor
23.7%
SG Market
Return vs Industry: 5DD exceeded the SG Semiconductor industry which returned 56.5% over the past year.
Return vs Market: 5DD exceeded the SG Market which returned -9.9% over the past year.
Shareholder returns
| 5DD | Industry | Market | |
|---|---|---|---|
| 7 Day | 14.7% | 8.3% | 5.0% |
| 30 Day | 36.6% | 25.8% | 20.5% |
| 90 Day | 39.7% | 27.3% | 27.0% |
| 1 Year | 104.3%93.7% | 68.8%62.4% | 28.4%23.7% |
| 3 Year | 77.9%51.2% | 84.0%56.1% | 57.9%42.3% |
| 5 Year | 522.4%366.2% | 562.5%369.8% | 100.9%72.1% |
Long-Term 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
1 week ago | Simply Wall St
Is Micro-Mechanics (Holdings) Ltd.'s (SGX:5DD) Recent Stock Performance Influenced By Its Fundamentals In Any Way?4 weeks ago | Simply Wall St
What Percentage Of Micro-Mechanics (Holdings) Ltd. (SGX:5DD) Shares Do Insiders Own?Valuation
Is Micro-Mechanics (Holdings) undervalued compared to its fair value and its price relative to the market?
31.74x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 5DD (SGD3.66) is trading above our estimate of fair value (SGD1.98)
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 (31.7x) compared to the SG Semiconductor industry average (18.2x).
PE vs Market: 5DD is poor value based on its PE Ratio (31.7x) compared to the SG market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: 5DD is poor value based on its PEG Ratio (4.6x)
Price to Book Ratio
PB vs Industry: 5DD is overvalued based on its PB Ratio (8.1x) compared to the SG Semiconductor industry average (1x).
Next Steps
Future Growth
How is Micro-Mechanics (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
7.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 5DD's forecast earnings growth (7% per year) is above the savings rate (2%).
Earnings vs Market: 5DD's earnings (7% per year) are forecast to grow slower than the SG market (25.1% per year).
High Growth Earnings: 5DD's earnings are forecast to grow, but not significantly.
Revenue vs Market: 5DD's revenue (7.1% per year) is forecast to grow slower than the SG market (8.4% per year).
High Growth Revenue: 5DD's revenue (7.1% 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 (33.2%)
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Past Performance
How has Micro-Mechanics (Holdings) performed over the past 5 years?
2.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5DD has high quality earnings.
Growing Profit Margin: 5DD's current net profit margins (23.9%) are higher than last year (19.9%).
Past Earnings Growth Analysis
Earnings Trend: 5DD's earnings have grown by 2.7% per year over the past 5 years.
Accelerating Growth: 5DD's earnings growth over the past year (36.8%) exceeds its 5-year average (2.7% per year).
Earnings vs Industry: 5DD earnings growth over the past year (36.8%) exceeded the Semiconductor industry 15.8%.
Return on Equity
High ROE: 5DD's Return on Equity (25.6%) is considered high.
Next Steps
Financial Health
How is Micro-Mechanics (Holdings)'s financial position?
Financial Position Analysis
Short Term Liabilities: 5DD's short term assets (SGD44.3M) exceed its short term liabilities (SGD11.0M).
Long Term Liabilities: 5DD's short term assets (SGD44.3M) exceed its long term liabilities (SGD3.2M).
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.
Balance Sheet
Next Steps
Dividend
What is Micro-Mechanics (Holdings) current dividend yield, its reliability and sustainability?
3.28%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 5DD's dividend (3.28%) is higher than the bottom 25% of dividend payers in the SG market (2.14%).
High Dividend: 5DD's dividend (3.28%) is low compared to the top 25% of dividend payers in the SG market (4.94%).
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: At its current payout ratio (86.7%), 5DD's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
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Management
How experienced are the management team and are they aligned to shareholders interests?
14.2yrs
Average board tenure
CEO
Chris Borch
no data
Tenure
Mr. Christopher Reid Borch, also known as Chris, serves as Chief Executive Officer of Micro-Mechanics Holdings Ltd. and founded Micro-Mechanics Holdings Ltd. in 1983. Mr. Borch served as the President of M...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | no data | 22.84% SGD 113.7m | |
| President | 24.58yrs | no data | 5.13% SGD 25.5m | |
| CFO, Company Secretary & Executive Director | 18yrs | no data | 2.02% SGD 10.1m | |
| Independent Director | 6.58yrs | S$87.00k | 0.014% SGD 71.6k | |
| Independent Non-Executive Chairman | 10.42yrs | S$99.00k | 0.22% SGD 1.1m | |
| Independent Director | 1.58yrs | S$66.01k | no data |
14.2yrs
Average Tenure
54yo
Average Age
Experienced Board: 5DD's board of directors are seasoned and experienced ( 14.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 5DD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Micro-Mechanics (Holdings) Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Micro-Mechanics (Holdings) Ltd.
- Ticker: 5DD
- Exchange: SGX
- Founded: 1983
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: S$497.734m
- Shares outstanding: 139.03m
- Website: https://www.micro-mechanics.com
Number of Employees
Location
- Micro-Mechanics (Holdings) Ltd.
- No. 31 Kaki Bukit Place
- Eunos Techpark
- Singapore
- 416209
- Singapore
Listings
| 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 |
Biography
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 co...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 11:14 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/06/30 |
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.