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MICRO-MECHANICS (HOLDINGS) LTD (5DD) Fair Value & Analysis

Technology · SG · Market cap 392M SGD

MM MICRO-MECHANICS (HOLDINGS) LTD 5DD · SG
Price2.82 SGD
Fair Value2.26 SGD
Upside-19.9%
Quality93/100
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Weak Growth
Solidly profitable · 19.6% net margin
Low debt · generates free cash flow
2.17% dividend yield
Ranks above peers (11/14)
Wide moat 93/100
Evidence: High Range 1.55 SGD – 3.09 SGD Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 4 days ago

Fair value updated Aug 13, 2026, revised from 1.78 SGD to 2.26 SGD (+27.0%) since Aug 8, 2026. Share price +6.0% over the past month.

A strong business, but screening 20% overvalued on our models.

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What matters now

  • A high-quality business (quality 93/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • A fairly wide model range (1.55 SGD to 3.09 SGD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

3.86 SGD 1.28 SGD Fair Value 2.26 SGD May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 1.28 SGD – 3.86 SGD · fair‑value band 1.55 SGD – 3.09 SGD · the 2.82 SGD price screens above the 2.26 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

MICRO-MECHANICS (HOLDINGS) LTD (5DD) currently trades at 2.82 SGD, while our model-based Fair Value estimate is 2.26 SGD, implying the stock looks roughly 19.9% overvalued today. The Quality Score stands at 93/100 (high 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: high).

Over the trailing twelve months, MICRO-MECHANICS (HOLDINGS) LTD generated revenue of 70.6M SGD at a net margin of 19.6%. Revenue grew 16.2% year over year. It earns a return on equity of 27.8%. The stock trades on a trailing P/E of 28.2. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1.55 SGD (bear case) to 3.09 SGD (bull case); at 2.82 SGD, the current price sits within 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 about 28% below its 52-week high and 83% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -72% fair-value upside, at -20%, 5DD 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
Growth DCF 1.27 SGD 1.65 SGD 2.11 SGD 80
Residual Income 0.5000 SGD 0.6800 SGD 2.93 SGD 76
Rev-Margin DCF 1.20 SGD 1.74 SGD 2.33 SGD 74
All 24 models by family
DCF Models
FCF DCF 1.26 SGD 1.68 SGD 2.22 SGD 38
Owner Earnings 1.27 SGD 1.71 SGD 2.26 SGD 31
5Y Revenue Exit 1.20 SGD 1.72 SGD 2.37 SGD 39
5Y EBITDA Exit 1.74 SGD 2.70 SGD 3.80 SGD 41
5Y P/E Exit 1.58 SGD 2.41 SGD 3.26 SGD 38
10Y Revenue Exit 1.19 SGD 1.64 SGD 2.20 SGD 36
10Y EBITDA Exit 1.52 SGD 2.24 SGD 3.16 SGD 37
10Y P/E Exit 1.43 SGD 2.06 SGD 2.80 SGD 35
Earnings-Based
Graham-Dodd 0.6100 SGD 1.61 SGD 2.11 SGD 54
Lynch FV 0.3100 SGD 0.4500 SGD 0.5800 SGD 50
PEG = 1.0 0.3100 SGD 0.4500 SGD 0.5800 SGD 46
EPV 0.8700 SGD 0.9700 SGD 1.05 SGD 59
Multiples
P/E Multiple 1.87 SGD 2.50 SGD 3.12 SGD 63
P/S Multiple 1.14 SGD 1.52 SGD 1.89 SGD 58
P/B Multiple 1.14 SGD 1.52 SGD 1.89 SGD 55
EV/EBIT 2.26 SGD 2.97 SGD 3.67 SGD 53
EV/EBITDA 2.34 SGD 3.06 SGD 3.79 SGD 54
EV/Revenue 1.22 SGD 1.68 SGD 2.14 SGD 43
Asset-Based
NCAV (Graham) 0.1800 SGD 0.2400 SGD 0.3500 SGD 50
Growth DCF
Growth DCF 1.27 SGD 1.65 SGD 2.11 SGD 80
Rev-Margin DCF 1.20 SGD 1.74 SGD 2.33 SGD 74
Economic Profit
Residual Income 0.5000 SGD 0.6800 SGD 2.93 SGD 76
ROIC Compounder 0.9000 SGD 1.03 SGD 1.15 SGD 72
Growth Earnings
Growth-Adj P/E 1.44 SGD 2.06 SGD 2.67 SGD 68

Widest divergence: Growth Earnings (2.06 SGD) versus Asset-Based (0.2400 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 70.6M SGD
Revenue growth (YoY) +16.2%
Net margin 19.6%
Return on equity 27.8%
Free cash flow 16.8M SGD FY2025
P/E ratio 28.2
More key figures
Operating margin 28.0%
EPS (TTM) 0.1000 SGD
Dividend yield 2.2%
EPS growth (YoY) +18.8%

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 93/100

Of which business quality 88 · Market factors (momentum, volatility) 75

Profitability 88
Margins and returns on capital today
Quality Growth 69
Are margins and returns improving?
Cashflow 89
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 76
Price trend over the last 3–12 months (market factor)
52W Momentum 77
Distance to the 52-week high (market factor)
Net Issuance 82
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

Micro-Mechanics (Holdings) Ltd. designs, manufactures, and markets precision parts and tools for the wafer-fabrication, assembly, and testing processes of the semiconductor industry.

Full company description

Micro-Mechanics (Holdings) Ltd. designs, manufactures, and markets precision parts and tools for the wafer-fabrication, assembly, and testing processes of the semiconductor industry. The company offers die attach-pick-up products, such as rubber tips, high-temp plastic tools, tungsten carbide die collets, sensor assemblies, and vacuum wand tools; die attach-dispensing products, including dispensing nozzle adaptors, dispense nozzles, pen dispensing assemblies, writing pen nozzle tips, and epoxy stamping tools; and die attach-die ejection products comprising ejector needles, needle holders/pepper pots, and needle holder seals. It also provides wire bonding products consisting of thermosonic bonding products, which include clamps and electronic flame off products; and ultrasonic bonding products, such as clamps, bearing base assemblies, anvils, and wire cutters. In addition, the company offers encapsulation products, including BGA dispensing nozzles, dispensing manifolds, pump screws, and O-rings, as well as engages in the contract manufacturing and sale of precision parts and tools. It operates in Singapore, Malaysia, the Philippines, the United States, the People's Republic of China, Thailand, Taiwan, Europe, Japan, and internationally. The company was founded in 1983 and is headquartered in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

MICRO-MECHANICS (HOLDINGS) LTD reported revenue of 65.2M SGD in FY2025 versus 73.7M SGD in FY2021, a compound −3.0%/yr. Reported net income was 12.4M SGD in FY2025, compounding −9.0%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
65.2M SGD
Latest YoY
+12.6%
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.
−7.5%
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.
+0.3%
Avg. growth/yr (11Y) 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.
+3.7%
Revenue −3.0%/yr
FY21 73.7M SGD
FY22 82.5M SGD
FY23 67.0M SGD
FY24 57.9M SGD
FY25 65.2M SGD
Net income −9.0%/yr
FY21 18.1M SGD
FY22 19.8M SGD
FY23 9.8M SGD
FY24 8.0M SGD
FY25 12.4M SGD

5DD screens 20% overvalued. Compare with ASML Holding →

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Cite: Fair Value Calculator (2026). "MICRO-MECHANICS (HOLDINGS) LTD Fair Value". https://www.fairvalue-calculator.com/stock/5DD

Peer Group

Semiconductor Equipment & Materials · 208 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 93 · Top 25%
Fair Value upside −20% · Above median
Return on equity (TTM) 28% · Top 25%
Return on assets 20% · Top 25%
Net margin (TTM) 20% · Top 25%
Operating margin (TTM) 28% · Top 25%
Revenue growth 16% · Above median
Dividend yield (TTM) 2.2% · Top 25%
Debt / equity 0.03× · Lower than median

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

P/E (TTM) 28.2× · Cheaper than 75% of peers
P/B 6.23× · Pricier than median
P/S (TTM) 4.34× · Pricier than median
P/FCF 18.2× · Pricier than median
EV/EBITDA 12.1× · 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 7 · sector 0
FUTURE 81 · sector 59
PAST 100 · sector 31
HEALTH 99 · sector 96
DIVIDEND 43 · sector 18

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 Aug 13, 2026).

Stock Price Fair Value vs Fair Value
ASML Holding ASML C$46.39 C$21.15 -54%
Applied Materials, Inc AMAT $548.15 $183.10 -67%
Lam Research Corporation LRCX $326.11 $91.80 -72%
KLA Corporation KLAC $200.47 $74.58 -63%
NAURA Technology Group 002371 ¥760.00 ¥205.30 -73%
Advanced Micro-Fabrication Equipment Inc 688012 ¥380.95 ¥55.05 -86%
Hon. Precision, Inc 7769 6,480 TWD 1,804 TWD -72%
MPI Corporation 6223 6,495 TWD 738.64 TWD -89%
HANMI Semiconductor Co 042700 217,500 KRW 47,976 KRW -78%
Wonik IPS Co 240810 120,000 KRW 36,380 KRW -70%

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Frequently asked questions

Is MICRO-MECHANICS (HOLDINGS) LTD (5DD) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 2.26 SGD versus a price of 2.82 SGD, about −20% (overvalued).
What is the fair value of 5DD?
Our model-based fair value for MICRO-MECHANICS (HOLDINGS) LTD is 2.26 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 2.82 SGD.
What is the quality score of 5DD?
MICRO-MECHANICS (HOLDINGS) LTD has a Quality Score of 93/100. 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 MICRO-MECHANICS (HOLDINGS) LTD (5DD)?
MICRO-MECHANICS (HOLDINGS) LTD reported trailing-twelve-month revenue of about 70.6M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 5DD?
The net profit margin of MICRO-MECHANICS (HOLDINGS) LTD is about 19.6%, meaning it keeps roughly 19.6% of revenue as net income. Based on the latest reported figures.
Does MICRO-MECHANICS (HOLDINGS) LTD pay a dividend?
MICRO-MECHANICS (HOLDINGS) LTD currently shows a dividend yield of about 2.17% relative to its recent price (as of Aug 13, 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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