EN DE

AZTECH GLOBAL LTD. (8AZ) Fair Value & Analysis

Technology · SG · Market cap 675M SGD

AG AZTECH GLOBAL LTD. 8AZ · SG
Price0.6100 SGD
Fair Value1.09 SGD
Upside+78.7%
Quality70/100
Watch AZTECH GLOBAL LTD. for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 9.4% net margin
Low debt · generates free cash flow
Ranks above peers (13/15)
Moderate moat 49/100
Evidence: High Range 0.7600 SGD – 1.25 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 0.7900 SGD to 1.09 SGD (+38.0%) since Aug 9, 2026. Share price −27.4% over the past month.

A solid business, screening 79% undervalued on our models.

What matters now

  • The rarer combination: high quality (70/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (0.7600 SGD). The market is more pessimistic than our downside scenario.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

1.06 SGD 0.4190 SGD Fair Value 1.09 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 0.4190 SGD – 1.06 SGD · fair‑value band 0.7600 SGD – 1.25 SGD · the 0.6100 SGD price screens below the 1.09 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

AZTECH GLOBAL LTD. (8AZ) currently trades at 0.6100 SGD, while our model-based Fair Value estimate is 1.09 SGD, implying the stock looks roughly 78.7% undervalued today. The Quality Score stands at 70/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, AZTECH GLOBAL LTD. generated revenue of 455M SGD at a net margin of 9.4%. Revenue grew 54.0% year over year. It earns a return on equity of 12.7%. Net debt stands at 21.6M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.7600 SGD (bear case) to 1.25 SGD (bull case); at 0.6100 SGD, the current price sits below 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 44% below its 52-week high and 23% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -68% fair-value upside, at 79%, 8AZ 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 0.5600 SGD 0.6600 SGD 0.8300 SGD 80
Residual Income 0.3500 SGD 0.4000 SGD 0.6000 SGD 76
Rev-Margin DCF 0.5700 SGD 0.7700 SGD 1.01 SGD 74
All 24 models by family
DCF Models
FCF DCF 0.5400 SGD 0.6500 SGD 0.8500 SGD 38
Owner Earnings 0.6400 SGD 0.7800 SGD 1.03 SGD 31
5Y Revenue Exit 0.5700 SGD 0.7600 SGD 1.03 SGD 39
5Y EBITDA Exit 0.7300 SGD 1.03 SGD 1.43 SGD 41
5Y P/E Exit 0.8500 SGD 1.24 SGD 1.71 SGD 38
10Y Revenue Exit 0.5500 SGD 0.6900 SGD 0.8400 SGD 36
10Y EBITDA Exit 0.6500 SGD 0.8500 SGD 1.07 SGD 37
10Y P/E Exit 0.7100 SGD 0.9700 SGD 1.23 SGD 35
Earnings-Based
Graham-Dodd 0.3500 SGD 0.5300 SGD 0.6300 SGD 54
EPV 0.4300 SGD 0.4700 SGD 0.5000 SGD 59
Dividend Discount
Gordon GGM 0.8500 SGD 0.9600 SGD 1.08 SGD 70
DDM Multi-Stage 0.8500 SGD 1.06 SGD 1.29 SGD 61
Multiples
P/E Multiple 1.09 SGD 1.46 SGD 1.82 SGD 63
P/S Multiple 0.6600 SGD 0.8800 SGD 1.11 SGD 58
P/B Multiple 0.6600 SGD 0.8800 SGD 1.11 SGD 55
EV/EBIT 1.09 SGD 1.41 SGD 1.72 SGD 53
EV/EBITDA 0.9900 SGD 1.27 SGD 1.55 SGD 54
EV/Revenue 0.6300 SGD 0.8300 SGD 1.04 SGD 43
Asset-Based
NCAV (Graham) 0.1900 SGD 0.2500 SGD 0.3800 SGD 50
Growth DCF
Growth DCF 0.5600 SGD 0.6600 SGD 0.8300 SGD 80
Rev-Margin DCF 0.5700 SGD 0.7700 SGD 1.01 SGD 74
Economic Profit
Residual Income 0.3500 SGD 0.4000 SGD 0.6000 SGD 76
ROIC Compounder 0.4300 SGD 0.4700 SGD 0.5200 SGD 72
Growth Earnings
Growth-Adj P/E 0.7600 SGD 1.09 SGD 1.42 SGD 68

Widest divergence: Growth Earnings (1.09 SGD) versus Asset-Based (0.2500 SGD). Highest evidence: Growth DCF (80).

Notify me when 8AZ reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 455M SGD
Revenue growth (YoY) +54.0%
Net margin 9.4%
Return on equity 12.7%
Free cash flow 36.7M SGD FY2025
P/E ratio 12.2
More key figures
Operating margin 7.3%
EPS (TTM) 0.0500 SGD
EPS growth (YoY) +162%
Net debt 21.6M SGD FY2020

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

Quality Score breakdown

Overall quality 70/100

Of which business quality 69 · Market factors (momentum, volatility) 47

Profitability 56
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 54
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 29
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

Aztech Global Ltd., together with its subsidiaries, engages in the research, development, design, engineering, manufacture, and sale of IoT devices, data-communication products, LED lighting, and other electrical products.

Full company description

Aztech Global Ltd., together with its subsidiaries, engages in the research, development, design, engineering, manufacture, and sale of IoT devices, data-communication products, LED lighting, and other electrical products. It provides original equipment manufacturing, original design manufacturing, joint development manufacturing, and contract manufacturing services, as well as distributes IoT devices and data-communication products under the Aztech and Kyla brand names. The company also offers LED lighting products for residential, commercial, and industrial applications; and designs and develops smart lighting systems. Its products are used in security, health tech, communications, industrial, automotive, and renewable energy sectors. Aztech Global Ltd. operates in Singapore, North America, China, Europe, Oceania, the rest of ASEAN countries, and internationally. Aztech Global Ltd. was founded in 1986 and is headquartered in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

AZTECH GLOBAL LTD. reported revenue of 433M SGD in FY2025 versus 624M SGD in FY2021, a compound −8.8%/yr. Reported net income was 40.2M SGD in FY2025, compounding −14.3%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
433M SGD
Latest YoY
−30.4%
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.
−19.2%
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.
−2.2%
Avg. growth/yr (8Y) 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.
+1.7%
Revenue −8.8%/yr
FY21 624M SGD
FY22 820M SGD
FY23 896M SGD
FY24 622M SGD
FY25 433M SGD
Net income −14.3%/yr
FY21 74.4M SGD
FY22 67.2M SGD
FY23 100M SGD
FY24 70.5M SGD
FY25 40.2M SGD

Watch 8AZ: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "AZTECH GLOBAL LTD. Fair Value". https://www.fairvalue-calculator.com/stock/8AZ

Peer Group

Electronic Components · 645 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 70 · Top 25%
Fair Value upside +79% · Top 25%
Return on equity (TTM) 13% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 9% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 54% · Top 25%
Dividend yield (TTM) 12.6% · Top 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 12.2× · Cheaper than 75% of peers
P/B 1.81× · Cheaper than median
P/S (TTM) 1.16× · Cheaper than median
P/FCF 14.4× · Pricier than 75% of peers
EV/EBITDA 8.5× · Cheaper than 75% of peers
PEG 2.38× · Pricier than 75% of peers

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 100 · sector 0
FUTURE 100 · sector 36
PAST 51 · sector 24
HEALTH 99 · sector 95
DIVIDEND 100 · sector 26

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,790 TWD 602.37 TWD -66%
Luxshare Precision Industry Co 002475 ¥56.06 ¥38.44 -31%
Samsung Electro-Mechanics Co 009150 1,503,000 KRW 172,954 KRW -88%
Suzhou Dongshan Precision Manufacturing Co 002384 ¥202.11 ¥21.19 -90%
Shengyi Technology Co 600183 ¥143.23 ¥36.30 -75%
Shennan Circuits Co 002916 ¥392.90 ¥125.52 -68%
Victory Giant Technology (HuiZhou) Co 2476 HK$238.60 HK$75.68 -68%
Kingboard Laminates Holdings 1888 HK$38.70 HK$8.95 -77%
Asia Vital Components Co 3017 2,910 TWD 1,369 TWD -53%
Nan Ya Printed Circuit Board Corporation 8046 1,215 TWD 1,768 TWD +46%

Compare AZTECH GLOBAL LTD. with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is AZTECH GLOBAL LTD. (8AZ) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1.09 SGD versus a price of 0.6100 SGD, about +79% (undervalued).
What is the fair value of 8AZ?
Our model-based fair value for AZTECH GLOBAL LTD. is 1.09 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.6100 SGD.
What is the quality score of 8AZ?
AZTECH GLOBAL LTD. has a Quality Score of 70/100. 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 AZTECH GLOBAL LTD. (8AZ)?
AZTECH GLOBAL LTD. reported trailing-twelve-month revenue of about 455M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 8AZ?
The net profit margin of AZTECH GLOBAL LTD. is about 9.4%, meaning it keeps roughly 9.4% of revenue as net income. Based on the latest reported figures.

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.

14 days Pro free · no card

Track AZTECH GLOBAL LTD. and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.