GLOBAL TESTING CORPORATION LTD (AYN) Fair Value & Analysis
Technology · SG · Market cap 40.4M SGD
Fair value as of: Aug 13, 2026
From 26 valuation models · updated 4 days ago
Fair value updated Aug 13, 2026, revised from 2.32 SGD to 3.25 SGD (+40.1%) since Aug 9, 2026. Share price +0.8% over the past month.
A solid business, screening 169% undervalued on our models.
What matters now
- The price is below even our cautious bear case (2.44 SGD). The market is more pessimistic than our downside scenario.
- Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
Price vs Fair Value (5 years)
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 0.2148 SGD – 1.57 SGD · fair‑value band 2.44 SGD – 4.06 SGD · the 1.21 SGD price screens below the 3.25 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.
Analysis
GLOBAL TESTING CORPORATION LTD (AYN) currently trades at 1.21 SGD, while our model-based Fair Value estimate is 3.25 SGD, implying the stock looks roughly 168.6% undervalued today. The Quality Score stands at 67/100 (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, GLOBAL TESTING CORPORATION LTD generated revenue of 46.4M SGD at a net margin of 8.3%. Revenue grew 3.4% year over year. It earns a return on equity of 7.8%. The stock trades on a trailing P/E of 8.1. Fundamentals as of Aug 13, 2026
Our scenario range runs from 2.44 SGD (bear case) to 4.06 SGD (bull case); at 1.21 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 23% below its 52-week high and 22% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -72% fair-value upside, at 169%, AYN 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.
All 26 models by family
Widest divergence: Growth Earnings (2.70 SGD) versus Dividend Discount (0.1900 SGD). Highest evidence: Residual Income (76).
Notify me when AYN reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 69 · Market factors (momentum, volatility) 47
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
Global Testing Corporation Limited, an investment holding company, provides semiconductor testing services in Taiwan, the Republic of China, Japan, the United States, Singapore, Thailand, and internationally.
Full company description
Global Testing Corporation Limited, an investment holding company, provides semiconductor testing services in Taiwan, the Republic of China, Japan, the United States, Singapore, Thailand, and internationally. The company offers testing services, such as wafer sorting and final testing for logic and mixed signal semiconductors used in consumer electronics and communication devices. It provides test program development, conversion, and optimization services; and load board and probe card design services, as well as leases its testers to its customers for trial and pilot testing purposes on an ad-hoc basis. Global Testing Corporation Limited was founded in 1997 and is headquartered in Hsinchu City, Taiwan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
GLOBAL TESTING CORPORATION LTD reported revenue of 46.4M SGD in FY2025 versus 38.7M SGD in FY2021, a compound +4.6%/yr. Reported net income was 3.9M SGD in FY2025, compounding −19.9%/yr from FY2021.
Watch AYN: get an alert when its fair value changes →
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.
Valuation Multiples vs Semiconductor Equipment & Materials median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
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% |
Compare GLOBAL TESTING CORPORATION LTD with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is GLOBAL TESTING CORPORATION LTD (AYN) overvalued or undervalued?
What is the fair value of AYN?
What is the quality score of AYN?
What is the revenue of GLOBAL TESTING CORPORATION LTD (AYN)?
What is the net profit margin of AYN?
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.
Track GLOBAL TESTING CORPORATION 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.