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Visdynamics Holdings (0120) Fair Value & Analysis

Technology · MY · Market cap 86.8M MYR

VH Visdynamics Holdings 0120 · KLSE
Price0.4350 MYR
Fair Value0.1400 MYR
Upside-67.8%
Quality46/100
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Weak Growth
Loss-making · -27.5% net margin
Low debt · negative free cash flow
1.45% dividend yield
Trails peers (4/11)
Narrow moat 19/100
Evidence: Low Range 0.0800 MYR – 0.2000 MYR Share as image

Fair value as of: Jul 15, 2026

From 3 valuation models · updated 26 days ago

Fair value updated Jul 15, 2026, revised from 0.0700 MYR to 0.1400 MYR (+100.0%) since Jun 25, 2026. Share price +19.2% over the past month.

Below-average quality, and screening another 68% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.2000 MYR). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (0.0800 MYR to 0.2000 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

0.9874 MYR 0.1626 MYR Fair Value 0.1400 MYR Jan 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 0.1626 MYR – 0.9874 MYR · fair‑value band 0.0800 MYR – 0.2000 MYR · the 0.4350 MYR price screens above the 0.1400 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Visdynamics Holdings (0120) currently trades at 0.4350 MYR, while our model-based Fair Value estimate is 0.1400 MYR, implying the stock looks roughly 67.8% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, Visdynamics Holdings generated revenue of 18.0M MYR at a net margin of -23.6%. Revenue declined 73.2% year over year. It earns a return on equity of -8.0%. Fundamentals as of Jul 15, 2026

Our scenario range runs from 0.0800 MYR (bear case) to 0.2000 MYR (bull case); at 0.4350 MYR, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 140% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -75% fair-value upside, at -68%, 0120 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Gordon GGM 0.0400 MYR 0.0600 MYR 0.0800 MYR 70
DDM Multi-Stage 0.0400 MYR 0.0600 MYR 0.0600 MYR 61
NCAV (Graham) 0.1000 MYR 0.1400 MYR 0.2100 MYR 50
All 3 models by family
Dividend Discount
Gordon GGM 0.0400 MYR 0.0600 MYR 0.0800 MYR 70
DDM Multi-Stage 0.0400 MYR 0.0600 MYR 0.0600 MYR 61
Asset-Based
NCAV (Graham) 0.1000 MYR 0.1400 MYR 0.2100 MYR 50

Widest divergence: Asset-Based (0.1400 MYR) versus Dividend Discount (0.0600 MYR). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 16.6M MYR
Revenue growth (YoY) -17.6%
Net margin -27.5%
Return on equity -8.6%
Free cash flow −4.1M MYR FY2025
Operating margin 9.9%
More key figures
EPS (TTM) -0.0200 MYR
Dividend yield 1.5%
EPS growth (YoY) -33.3%

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 46 · Market factors (momentum, volatility) 85

Profitability 12
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 48
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Visdynamics Holdings Berhad engages in the research and development, design, assembly, and tuning of test and backend equipment in the automated test equipment industry for semiconductors in Malaysia, Southeast Asia, North Asia, and internationally. The company operates in two segments, Manufacturing and Others.

Full company description

Visdynamics Holdings Berhad engages in the research and development, design, assembly, and tuning of test and backend equipment in the automated test equipment industry for semiconductors in Malaysia, Southeast Asia, North Asia, and internationally. The company operates in two segments, Manufacturing and Others. It offers tray based, tube based, bulk and tube, and other products. The company also provides management services. Visdynamics Holdings Berhad was founded in 2003 and is headquartered in Ayer Keroh, Malaysia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Visdynamics Holdings reported revenue of 20.5M MYR in FY2025 versus 47.9M MYR in FY2021, a compound −19.1%/yr. Reported net income was −2.1M MYR in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
20.5M MYR
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−26.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−4.9%
Avg. growth/yr (10Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.1%
Revenue −19.1%/yr
FY21 47.9M MYR
FY22 51.1M MYR
FY23 26.6M MYR
FY24 8.1M MYR
FY25 20.5M MYR
Net income
FY21 9.6M MYR
FY22 12.7M MYR
FY23 2.8M MYR
FY24 −7.7M MYR
FY25 −2.1M MYR

0120 screens 68% overvalued. Compare with ASML Holding →

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Cite: Fair Value Calculator (2026). "Visdynamics Holdings Fair Value". https://www.fairvalue-calculator.com/stock/0120

Peer Group

Semiconductor Equipment & Materials · 212 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 46 · Below median
Fair Value upside −68% · Below median
Return on assets -5% · Bottom 25%
Net margin (TTM) -27% · Bottom 25%
Operating margin (TTM) 10% · Below median
Revenue growth -18% · Bottom 25%
Dividend yield (TTM) 1.5% · Above median

Valuation Multiples vs Semiconductor Equipment & Materials median · lower = cheaper

P/B 0.40× · Cheaper than 75% of peers
P/S (TTM) 1.28× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 0 · sector 58
PAST 0 · sector 30
HEALTH 100 · sector 96
DIVIDEND 29 · sector 16

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
ASML Holding ASML C$50.50 C$15.57 -69%
Applied Materials, Inc AMAT $579.43 $143.08 -75%
Lam Research Corporation LRCX $346.10 $67.57 -80%
KLA Corporation KLAC $212.75 $53.01 -75%
NAURA Technology Group 002371 ¥774.20 ¥151.43 -80%
Advanced Micro-Fabrication Equipment Inc 688012 ¥350.69 ¥41.79 -88%
Piotech Inc 688072 ¥832.00 ¥431.44 -48%
Hon. Precision, Inc 7769 6,005 TWD 1,804 TWD -70%
Hangzhou Changchuan Technology Co 300604 ¥325.24 ¥33.33 -90%
MPI Corporation 6223 5,600 TWD 609.44 TWD -89%

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Frequently asked questions

Is Visdynamics Holdings (0120) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 0.1400 MYR versus a price of 0.4350 MYR, about −68% (overvalued).
What is the fair value of 0120?
Our model-based fair value for Visdynamics Holdings is 0.1400 MYR (as of Jul 15, 2026), built from audited fundamentals. The current price is 0.4350 MYR.
What is the quality score of 0120?
Visdynamics Holdings has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Visdynamics Holdings (0120)?
Visdynamics Holdings reported trailing-twelve-month revenue of about 18.0M MYR (latest available figure, as of Jul 15, 2026).
What is the net profit margin of 0120?
The net profit margin of Visdynamics Holdings is about -23.6%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Visdynamics Holdings pay a dividend?
Visdynamics Holdings currently shows a dividend yield of about 2.22% relative to its recent price (as of Jul 15, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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