mDR Limited

SGX:Y3D Stock Report

Market Cap: S$39.2m

mDR Management

Management criteria checks 2/4

mDR's CEO is Frankie Ong, appointed in Feb 2010, has a tenure of 16.25 years. total yearly compensation is SGD1.83M, comprised of 37.7% salary and 62.3% bonuses, including company stock and options. directly owns 6.82% of the company’s shares, worth SGD2.67M. The average tenure of the management team and the board of directors is 8 years and 8.9 years respectively.

Key information

Frankie Ong

Chief executive officer

S$1.8m

Total compensation

CEO salary percentage37.70%
CEO tenure16.3yrs
CEO ownership6.8%
Management average tenure8yrs
Board average tenure8.9yrs

Recent management updates

Recent updates

Analysis Article • Jan 27

What mDR Limited's (SGX:Y3D) 27% Share Price Gain Is Not Telling You

mDR Limited ( SGX:Y3D ) shares have had a really impressive month, gaining 27% after a shaky period beforehand. Looking...
Analysis Article • Jan 05

mDR (SGX:Y3D) Shareholders Will Want The ROCE Trajectory To Continue

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Analysis Article • Nov 04

mDR Limited's (SGX:Y3D) Share Price Could Signal Some Risk

There wouldn't be many who think mDR Limited's ( SGX:Y3D ) price-to-sales (or "P/S") ratio of 0.2x is worth a mention...
Analysis Article • Jul 01

mDR Limited (SGX:Y3D) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

mDR Limited ( SGX:Y3D ) shareholders are no doubt pleased to see that the share price has bounced 28% in the last...
Analysis Article • Apr 09

mDR Limited's (SGX:Y3D) 27% Share Price Plunge Could Signal Some Risk

mDR Limited ( SGX:Y3D ) shareholders won't be pleased to see that the share price has had a very rough month, dropping...
Analysis Article • Mar 10

Shareholders Will Be Pleased With The Quality of mDR's (SGX:Y3D) Earnings

When companies post strong earnings, the stock generally performs well, just like mDR Limited's ( SGX:Y3D ) stock has...
Analysis Article • Mar 03

These 4 Measures Indicate That mDR (SGX:Y3D) Is Using Debt Reasonably Well

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article • Jan 03

The Return Trends At mDR (SGX:Y3D) Look Promising

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Oct 04

mDR Limited's (SGX:Y3D) Price Is Out Of Tune With Revenues

It's not a stretch to say that mDR Limited's ( SGX:Y3D ) price-to-sales (or "P/S") ratio of 0.2x right now seems quite...
Analysis Article • Jun 21

mDR Limited (SGX:Y3D) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely

mDR Limited ( SGX:Y3D ) shares have had a horrible month, losing 28% after a relatively good period beforehand. Instead...
Analysis Article • May 21

We Like These Underlying Return On Capital Trends At mDR (SGX:Y3D)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Apr 09

Risks To Shareholder Returns Are Elevated At These Prices For mDR Limited (SGX:Y3D)

With a median price-to-sales (or "P/S") ratio of close to 0.5x in the Electronic industry in Singapore, you could be...
Analysis Article • Feb 29

A Look At The Intrinsic Value Of mDR Limited (SGX:Y3D)

Key Insights mDR's estimated fair value is S$0.054 based on Dividend Discount Model mDR's S$0.052 share price indicates...
Analysis Article • Jun 13

mDR (SGX:Y3D) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Oct 28

The Returns On Capital At mDR (SGX:Y3D) Don't Inspire Confidence

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article • Aug 25

Does mDR (SGX:Y3D) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • May 20

Is mDR (SGX:Y3D) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article • Feb 22

Does mDR (SGX:Y3D) Have The Makings Of A Multi-Bagger?

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article • Dec 23

Is mDR (SGX:A27) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article • Nov 19

Will the Promising Trends At mDR (SGX:Y3D) Continue?

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep...

CEO Compensation Analysis

How has Frankie Ong's remuneration changed compared to mDR's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025S$2mS$688k

-S$795k

Sep 30 2025n/an/a

S$2m

Jun 30 2025n/an/a

S$6m

Mar 31 2025n/an/a

S$6m

Dec 31 2024S$1mS$687k

S$5m

Sep 30 2024n/an/a

-S$10m

Jun 30 2024n/an/a

-S$25m

Mar 31 2024n/an/a

-S$34m

Dec 31 2023S$1mS$686k

-S$42m

Sep 30 2023n/an/a

-S$23m

Jun 30 2023n/an/a

-S$4m

Mar 31 2023n/an/a

S$2m

Dec 31 2022S$1mS$685k

S$9m

Sep 30 2022n/an/a

S$4m

Jun 30 2022n/an/a

-S$1m

Mar 31 2022n/an/a

S$1m

Dec 31 2021S$807kS$662k

S$4m

Compensation vs Market: Frankie's total compensation ($USD1.44M) is above average for companies of similar size in the SG market ($USD373.42K).

Compensation vs Earnings: Frankie's compensation has increased whilst the company is unprofitable.

CEO

Frankie Ong (59 yo)

16.3yrs
Tenure
S$1,825,792
Compensation

Mr. Ghim Choon Ong, also known as Frankie, has been the Group Chief Executive Officer of mDR Limited since February 1, 2010. Mr. Ong is responsible for the overall supervision and management of the busines...

Leadership Team

NamePositionTenureCompensationOwnership
Ewe Ming Lee
Executive Chairman9yrsS$3.92m45.78%
SGD 17.9m
Ghim Choon Ong
Group CEO & Non-Independent Executive Director16.3yrsS$1.83m6.82%
SGD 2.7m
Yanmin Zhang
Executive Non-Independent Director7.8yrsS$2.59mno data
Hor Peow Tan
Founderno dataS$1.54mno data
Li San Yip
Group Chief Financial Officer8yrsno datano data
Jiayue Lu
Director of Investmentno datano datano data
Madan Mohan
Director of Legal & Company Secretaryno datano datano data
Yen Yi Tham
Chief Commercial Officer2.2yrsno datano data
Jit Huang Lim
Chief Executive Officer of Pixio Sdn. Bhd.12.8yrsno datano data
8.0yrs
Average Tenure
50.5yo
Average Age

Experienced Management: Y3D's management team is seasoned and experienced (8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ewe Ming Lee
Executive Chairman9yrsS$3.92m45.78%
SGD 17.9m
Ghim Choon Ong
Group CEO & Non-Independent Executive Director16.8yrsS$1.83m6.82%
SGD 2.7m
Yanmin Zhang
Executive Non-Independent Director8.2yrsS$2.59mno data
Kei Wei Leong
Lead Independent Non-Executive Director9yrsS$70.60k0.18%
SGD 70.1k
Siow Fong Ong
Independent Non-Executive Director5.7yrsS$24.00k0.25%
SGD 98.3k
Su Chi Oei
Independent Non-Executive Director8.9yrsS$69.60k0%
SGD 0
Yao Liu
Independent Non-Executive Director5.7yrsS$24.00k0.050%
SGD 19.7k
8.9yrs
Average Tenure
46yo
Average Age

Experienced Board: Y3D's board of directors are considered experienced (8.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 20:24
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

mDR Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.