MTQ Corporation Limited (M05) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of MTQ Corporation Limited S$0.30, price S$0.19, upside +60.0%, quality 31 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range 0.1457 SGD – 0.3767 SGD · fair‑value band 0.2316 SGD – 0.3040 SGD · the 0.1900 SGD price screens below the 0.3040 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
Follow MTQ Corporation in your weekly email
Every Wednesday you see whether MTQ Corporation is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
MTQ Corporation Limited, together with its subsidiaries, provides engineering solutions for oilfield equipment in Singapore, the Kingdom of Bahrain, Australia, United Arab Emirates, and the United Kingdom. The company operates through Investment Holding and Oilfield Engineering segments.
Show more
MTQ Corporation Limited, together with its subsidiaries, provides engineering solutions for oilfield equipment in Singapore, the Kingdom of Bahrain, Australia, United Arab Emirates, and the United Kingdom. The company operates through Investment Holding and Oilfield Engineering segments. It offers engineering services for the servicing, manufacturing, assembly, and fabrication of oilfield equipment, such as valves and blow-out-preventers. The company also rents and sells oilfield equipment and spare parts, including drilling spools, adaptors, and related pressure control drilling equipment; heat exchanger mud coolers, shale shakers, drilling and spares handling tools, BOP pressure test units and torque tools, mud pumps, safety and drilling diverter valves, drillpipe protectors, and safety equipment. In addition, it supplies oilfield equipment; manufactures equipment components; remanufactures drilling tools; designs, engineers, assembles, and tests flow control valves; and provides equipment recertification and rig inspections services, as well as general oilfield fabrication and welding services. The company serves the original equipment manufacturers, drilling contractors/rig owners, and oil and service sectors. MTQ Corporation Limited was formerly known as Metalock Singapore Limited and changed its name to MTQ Corporation Limited in 2003. The company was founded in 1959 and is based in Singapore.
Stock analysis
MTQ Corporation Limited (M05) currently trades at 0.1900 SGD, while our model-based Fair Value estimate is 0.3040 SGD, implying the stock looks roughly 37.5% undervalued today.
Show more
Valuation
How firm this estimate is: it rests on 2 models at a data quality of 96/100, which puts the evidence level at low.
Scenario range: 0.2316 SGD (bear) to 0.3040 SGD (bull), the price of 0.1900 SGD sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 31/100 (below-average quality), in the Energy sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
MTQ Corporation Limited reported revenue of 49.9M SGD in FY2026 versus 52.0M SGD in FY2022, a compound −1.1%/yr. Reported net income was −6.5M SGD in FY2026.
Key figures
Market cap 42.2M SGD (≈ $33.0M) · P/S ratio 0.87 · EPS (TTM) −0.0300 SGD · Net margin −13.0% · Return on equity −9.7% · Return on assets (EBIT) 2.6% · Operating margin −2.8% · Revenue (TTM) 49.9M SGD.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at −32% fair-value upside, at 60%, M05 screens cheaper than that median.
Fair Value models
Bear 0.2316 SGDFair Value 0.3040 SGDBull 0.3040 SGD
Price 0.1900 SGD · Upside +60.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.0/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
−21.2%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−15.9%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+0.3%
Start year 2021 (pandemic). Over 10 years: −12.0% a year
Revenue growth 12 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−14.2%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−14.5% (2021) → −5.7% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
Compare MTQ Corporation Limited with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Oil & Gas Equipment & Services · 183 stocks
Beats the industry median on 3/12 measures
Overall it trails its industry peers.
Valuation
Quality Score31 · Bottom 25%
Fair Value upside+60.0% · Top 25%
Profitability
Return on assets−1.3% · Bottom 25%
Net margin (TTM)−13.0% · Bottom 25%
Operating margin (TTM)−2.8% · Bottom 25%
Growth and dividend
Revenue growth−9.9% · Bottom 25%
Dividend yield (TTM)0.0% · Bottom 25%
Balance sheet
Debt / equity0.19× · Above median
Valuation Multiplesvs Oil & Gas Equipment & Services median · lower = cheaper
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.
Is MTQ Corporation Limited (M05) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of 0.3040 SGD versus a price of 0.1900 SGD, about +60% upside (undervalued).
What is the fair value of M05?
Our model-based fair value for MTQ Corporation Limited is 0.3040 SGD (as of Oct 3, 2026), built from audited fundamentals. The current price: 0.1900 SGD.
What is the quality score of M05?
MTQ Corporation Limited has a Quality Score of 31/100. 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 price target for MTQ Corporation Limited (M05)?
Our model-based price target is the fair value of 0.3040 SGD (as of Oct 3, 2026) from 2 valuation models. Cautious scenario 0.2316 SGD, optimistic scenario 0.3040 SGD. It is a calculation from audited fundamentals, not an analyst target.
What is the MTQ Corporation Limited stock forecast for 2026?
Our models put fair value at 0.3040 SGD, about +60% upside versus a price of 0.1900 SGD (undervalued). Cautious scenario 0.2316 SGD, optimistic scenario 0.3040 SGD. The calculation is refreshed regularly with new filings.
What is the revenue of MTQ Corporation Limited (M05)?
MTQ Corporation Limited reported trailing-twelve-month revenue of about 49.9M SGD (latest available figure, as of Oct 3, 2026).
What is the intrinsic value of MTQ Corporation Limited (M05)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For MTQ Corporation Limited it is 0.3040 SGD per share (as of Oct 3, 2026), against a price of 0.1900 SGD. It is the blended result of 2 valuation models (cash flow, earnings, asset, dividend).
Is MTQ Corporation Limited stock overvalued or undervalued in 2026?
As of Oct 3, 2026, M05 trades below its calculated fair value: price 0.1900 SGD, fair value 0.3040 SGD, a gap of about +60% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of M05?
No. The price is what the market pays today (0.1900 SGD); the fair value is what the company's own numbers justify (0.3040 SGD). For MTQ Corporation Limited the two are 0.1140 SGD per share apart. That gap is exactly why we show both numbers side by side.
How much is MTQ Corporation Limited worth?
The market values MTQ Corporation Limited at about 42.2M SGD (market capitalisation, as of Oct 3, 2026). Per share that is 0.1900 SGD; our models calculate a fair value of 0.3040 SGD per share.
What do the bullish and bearish scenarios say about M05?
Our models span a range for MTQ Corporation Limited: cautious scenario 0.2316 SGD, base 0.3040 SGD, optimistic 0.3040 SGD per share (as of Oct 3, 2026, price 0.1900 SGD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of M05?
The PEG ratio of MTQ Corporation Limited is 1.21 (P/E divided by earnings growth, as of Oct 3, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of MTQ Corporation Limited (M05)?
Balance-sheet figures for MTQ Corporation Limited (as of Oct 3, 2026): return on equity −9.7%, debt of 0.19 per unit of equity. They feed the Quality Score of 31/100, which measures business quality independently of the share price.
How far is M05 from its 52-week high?
MTQ Corporation Limited trades at 0.1900 SGD, about 33% below its 52-week high of 0.2850 SGD and 5% above the low of 0.1810 SGD (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of 0.3040 SGD is for.
Which stocks are comparable to MTQ Corporation Limited?
From the same area (Energy) we also value SLB N.V, Baker Hughes Company, TechnipFMC plc, Halliburton Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is MTQ Corporation Limited stock attractive at the current price?
The data as of Oct 3, 2026: price 0.1900 SGD, calculated fair value 0.3040 SGD (+60%), Quality Score 31/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of M05 calculated?
We run MTQ Corporation Limited through 2 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 0.3040 SGD, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.9 % above its aggregate fair value. MTQ Corporation Limited currently trades 38 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of MTQ Corporation Limited (M05)?
The closing price on Oct 2, 2026 was 0.1900 SGD. Our model-based fair value is 0.3040 SGD, about +60% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with MTQ Corporation Limited right now?
The large discount to fair value meets weak quality (31/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (0.2316 SGD). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of MTQ Corporation Limited
How large is the market capitalisation of MTQ Corporation Limited (M05)?
The market capitalisation of MTQ Corporation Limited is 42.2M SGD (≈ $33.0M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of MTQ Corporation Limited (M05)?
The price-to-sales ratio of MTQ Corporation Limited is 0.87 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of MTQ Corporation Limited (M05)?
Earnings per share at MTQ Corporation Limited are −0.0300 SGD. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of MTQ Corporation Limited (M05)?
The net margin of MTQ Corporation Limited is −13.0% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of MTQ Corporation Limited (M05)?
The return on equity (ROE) of MTQ Corporation Limited is −9.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of MTQ Corporation Limited (M05)?
On an EBIT basis the return on assets of MTQ Corporation Limited is 2.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of MTQ Corporation Limited (M05)?
The operating margin of MTQ Corporation Limited is −2.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at MTQ Corporation Limited (M05)?
Revenue at MTQ Corporation Limited is growing −9.9% versus a year earlier (3y avg −15.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at MTQ Corporation Limited (M05)?
Earnings per share at MTQ Corporation Limited are growing −71.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does MTQ Corporation Limited (M05) generate?
The free cash flow of MTQ Corporation Limited is −9.3M SGD (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does MTQ Corporation Limited (M05) carry?
The net debt of MTQ Corporation Limited is 15.2M SGD (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch MTQ Corporation Limited in the live analysis
One click puts MTQ Corporation Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
