Micro-Mechanics Holdings Ltd

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1 articles for Micro-Mechanics Holdings Ltd

Micro-Mechanics Holdings: Outlook healthy but valuations stretched

2Q21 revenue and net profit in line, at 25%/23% of our forecasts. Revenue rose 13% YoY to a record S$18.7mn. Our FY21e earnings are unchanged. Recent rally has lifted comparable back-end equipment makers’ valuations to 21x PE. Sales in China were up ...
PhillipCapital Paul
Paul Chew @ PhillipCapital 8 February 2021

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Singapore
Asia
Materials
About
Micro-Mechanics Holdings Limited designs and manufactures precision tools. The Company also provides effective solutions and total support services to its customers.

Associated topics

Materials Asia China Singapore Equity 20 Paul Chew Micro-Mechanics Holdings Ltd U.S. China MMH 25 50 18x