Company Valuation: Micro-Mechanics (Holdings) Ltd.

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2025 2026 2027 2028
Market Cap 1 403.2 243.3 225.2 395.6 378.9 -
Change - -39.66% - 75.65% -4.23% -
Enterprise Value (EV) 1 384.4 229 225.2 368 335.9 321.9
Change - -40.42% - 63.41% -8.74% -4.17%
P/E 20.4x 24.9x 18.2x 24.9x 22.8x 22.8x
PBR 6.91x 5.24x - 6.89x 5.93x 5.15x
PEG - -0.5x - 0.9x 4.66x -
Capitalization / Revenue 4.89x 3.63x - 5.24x 4.51x 4.12x
EV / Revenue 4.66x 3.42x - 4.87x 4x 3.5x
EV / EBITDA 11.6x 11.3x - 13.3x 11.2x 9.75x
EV / EBIT 14.7x 16.8x - 16.9x 112x 80.5x
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 0.14 0.09 - 0.06 0.06 0.06
Rate of return 4.83% 5.14% - 2.11% 2.2% 2.2%
EPS 2 0.1425 0.0703 0.0892 0.1144 0.12 0.12
Distribution rate 98.2% 128% - 52.4% 50% 50%
Net sales 1 82.46 67.02 - 75.52 84 92
EBITDA 1 33.27 20.35 - 27.62 30 33
EBIT 1 26.15 13.63 - 21.78 3 4
Net income 1 19.81 9.77 12.4 15.91 17 19
Net Debt 1 -18.76 -14.27 - -27.58 -43 -57
Reference price 2 2.900 1.750 1.620 2.850 2.730 2.730
Nbr of stocks (in thousands) 139,032 139,032 139,032 138,817 138,782 -
Announcement Date 8/27/22 8/28/23 8/27/25 8/26/26 - -
1SGD in Million2SGD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.75x4x11.2x2.2% 296M
42.85x14.48x32.87x0.55% 715B
36.96x12.32x30.28x0.33% 435B
40.97x12.44x35.96x0.36% 429B
38.45x15.05x31.22x0.46% 270B
41.4x15.54x30.21x0.23% 177B
35.11x7.94x24.19x1.38% 174B
37.95x4.08x18.82x1.36% 98.43B
50.58x13.49x38.04x0.12% 70.2B
59.72x8.86x47.16x0.15% 66.67B
Average 40.67x 10.82x 30.00x 0.71% 243.52B
Weighted average by Cap. 40.80x 12.80x 31.92x 0.51%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  4. Valuation Micro-Mechanics (Holdings) Ltd.