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
Outstanding track record with flawless balance sheet.
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: MCRN.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how MCRN.F performed against the US Semiconductor industry.
Return vs Market: Insufficient data to determine how MCRN.F performed against the US Market.
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
No news available
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: MCRN.F ($0.7) is trading above our estimate of fair value ($0.51)
Significantly Below Fair Value: MCRN.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MCRN.F is good value based on its PE Ratio (21.4x) compared to the US Semiconductor industry average (34.1x).
PE vs Market: MCRN.F is poor value based on its PE Ratio (21.4x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: MCRN.F is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: MCRN.F is overvalued based on its PB Ratio (5.4x) compared to the US Semiconductor industry average (3.2x).
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: MCRN.F's forecast earnings growth (10.2% per year) is above the savings rate (2.2%).
Earnings vs Market: MCRN.F's earnings (10.2% per year) are forecast to grow slower than the US market (23% per year).
High Growth Earnings: MCRN.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: MCRN.F's revenue (8% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: MCRN.F's revenue (8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MCRN.F's Return on Equity is forecast to be high in 3 years time (31.4%)
How has Micro-Mechanics (Holdings) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCRN.F has high quality earnings.
Growing Profit Margin: MCRN.F's current net profit margins (22.8%) are higher than last year (21.4%).
Past Earnings Growth Analysis
Earnings Trend: MCRN.F's earnings have grown by 2.7% per year over the past 5 years.
Accelerating Growth: MCRN.F's earnings growth over the past year (13.3%) exceeds its 5-year average (2.7% per year).
Earnings vs Industry: MCRN.F earnings growth over the past year (13.3%) exceeded the Semiconductor industry 7.5%.
Return on Equity
High ROE: MCRN.F's Return on Equity (25.3%) is considered high.
How is Micro-Mechanics (Holdings)'s financial position?
Financial Position Analysis
Short Term Liabilities: MCRN.F's short term assets (SGD38.9M) exceed its short term liabilities (SGD10.0M).
Long Term Liabilities: MCRN.F's short term assets (SGD38.9M) exceed its long term liabilities (SGD3.2M).
Debt to Equity History and Analysis
Debt Level: MCRN.F is debt free.
Reducing Debt: MCRN.F has not had any debt for past 5 years.
Debt Coverage: MCRN.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MCRN.F has no debt, therefore coverage of interest payments is not a concern.
What is Micro-Mechanics (Holdings) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MCRN.F's dividend (5.33%) is higher than the bottom 25% of dividend payers in the US market (1.71%).
High Dividend: MCRN.F's dividend (5.33%) is in the top 25% of dividend payers in the US market (4.89%)
Stability and Growth of Payments
Stable Dividend: MCRN.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCRN.F's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (94.9%), MCRN.F's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MCRN.F's dividends in 3 years are not forecast to be well covered by earnings (90.6% 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% |
|President||24.25yrs||no data||5.13% |
|CFO, Company Secretary & Executive Director||17.67yrs||no data||2.02% |
|Independent Director||6.25yrs||S$87.00k||0.014% |
|Independent Non-Executive Chairman||10.08yrs||S$99.00k||0.22% |
|Independent Director||1.25yrs||S$2.54k||no data|
Experienced Board: MCRN.F's board of directors are seasoned and experienced ( 13.9 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: MCRN.F
- Exchange: OTCPK
- Founded: 1983
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: S$312.822m
- Listing Market Cap: S$228.302m
- 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 co ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/24 06:31|
|End of Day Share Price||2020/09/21 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.