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MDR LIMITED (Y3D) Fair Value & Analysis

Technology · SG · Market cap 90.5M SGD

ML MDR LIMITED Y3D · SG
Price0.0370 SGD
Fair Value0.0255 SGD
Upside-31.1%
Quality37/100
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Mixed Growth
Loss-making · -0.3% net margin
Low debt · generates free cash flow
Trails peers (5/14)
Narrow moat 24/100
Evidence: Medium Range 0.0255 SGD – 0.0290 SGD Share as image

Fair value as of: Aug 13, 2026

From 7 valuation models · updated 5 days ago

Below-average quality, and screening another 31% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (0.0290 SGD). The favourable scenario is already priced in.
  • Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The models converge in a tight band (0.0255 SGD to 0.0290 SGD), unusually little disagreement for a valuation.
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Price vs Fair Value (5 years)

0.0880 SGD 0.0309 SGD Fair Value 0.0255 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 0.0309 SGD – 0.0880 SGD · fair‑value band 0.0255 SGD – 0.0290 SGD · the 0.0370 SGD price screens above the 0.0255 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

MDR LIMITED (Y3D) currently trades at 0.0370 SGD, while our model-based Fair Value estimate is 0.0255 SGD, implying the stock looks roughly 31.1% overvalued today. The Quality Score stands at 37/100 (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: medium).

Over the trailing twelve months, MDR LIMITED generated revenue of 248M SGD at a net margin of -0.3%. Revenue grew 19.6% year over year. It earns a return on equity of -0.5%. Net debt stands at 98.3M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.0255 SGD (bear case) to 0.0290 SGD (bull case); at 0.0370 SGD, 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 about 60% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -15% fair-value upside, at -31%, Y3D screens richer 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 0.0100 SGD 0.0100 SGD 80
Rev-Margin DCF 0.0100 SGD 0.0200 SGD 74
NCAV (Graham) 0.0300 SGD 0.0400 SGD 0.0600 SGD 50
All 7 models by family
DCF Models
FCF DCF 0.0100 SGD 0.0200 SGD 38
5Y Revenue Exit 0.0100 SGD 0.0200 SGD 39
10Y Revenue Exit 0.0100 SGD 0.0200 SGD 36
Multiples
EV/Revenue 0.0100 SGD 0.0100 SGD 0.0200 SGD 43
Asset-Based
NCAV (Graham) 0.0300 SGD 0.0400 SGD 0.0600 SGD 50
Growth DCF
Growth DCF 0.0100 SGD 0.0100 SGD 80
Rev-Margin DCF 0.0100 SGD 0.0200 SGD 74

Widest divergence: Asset-Based (0.0400 SGD) versus DCF Models (0.0100 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 248M SGD
Revenue growth (YoY) +19.6%
Net margin -0.3%
Return on equity -0.5%
Free cash flow 4.7M SGD FY2025
Operating margin 5.2%
More key figures
EPS growth (YoY) +82.3%
Net debt 98.3M SGD FY2025

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

Quality Score breakdown

Overall quality 37/100

Of which business quality 38 · Market factors (momentum, volatility) 19

Profitability 27
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 38
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 51
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 3
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

mDR Limited, an investment holding company, engages in the distribution and retail of telecommunication products and services in Singapore and Malaysia. It operates through four segments: After-Market Services (AMS); Distribution Management Solutions (DMS); Digital Inkjet Printing for Out-Of-Home Advertising Solutions (DPAS); and Investment.

Full company description

mDR Limited, an investment holding company, engages in the distribution and retail of telecommunication products and services in Singapore and Malaysia. It operates through four segments: After-Market Services (AMS); Distribution Management Solutions (DMS); Digital Inkjet Printing for Out-Of-Home Advertising Solutions (DPAS); and Investment. The company offers after-market services, such as equipment repairs and technical services for mobile equipment and consumer electronic products; and digital inkjet printing services for point-of-sale and out-of-home advertising solutions. It also distributes and retails mobile telecommunication equipment and mobile related services, including prepaid cards; and invests in marketable securities, as well as provides loans. In addition, the company offers mobile devices, gadgets, and accessories. mDR Limited was incorporated in 2000 and is based in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

MDR LIMITED reported revenue of 248M SGD in FY2025 versus 189M SGD in FY2021, a compound +7.0%/yr. Reported net income was −795K SGD in FY2025.

Growth Quality 41/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
248M SGD
Latest YoY
+7.0%
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.
+12.2%
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.
+5.2%
Avg. growth/yr (6Y) 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.
−2.3%
Revenue +7.0%/yr
FY21 189M SGD
FY22 175M SGD
FY23 216M SGD
FY24 232M SGD
FY25 248M SGD
Net income
FY21 4.1M SGD
FY22 7.3M SGD
FY23 −42.5M SGD
FY24 5.5M SGD
FY25 −795K SGD

Y3D screens 31% overvalued. Compare with TD SYNNEX Corporation →

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Cite: Fair Value Calculator (2026). "MDR LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/Y3D

Peer Group

Electronics & Computer Distribution · 156 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 37 · Bottom 25%
Fair Value upside −31% · Below median
Return on assets 3% · Below median
Net margin (TTM) -0% · Bottom 25%
Operating margin (TTM) 5% · Above median
Revenue growth 20% · Above median
Dividend yield (TTM) 2.2% · Below median
Debt / equity 0.30× · Higher than 75% of peers

Valuation Multiples vs Electronics & Computer Distribution median · lower = cheaper

P/B 0.51× · Cheaper than 75% of peers
P/S (TTM) 0.29× · Cheaper than median
P/FCF 15.0× · Pricier than 75% of peers
EV/EBITDA 7.9× · Cheaper than median
PEG 21.56× · 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 0 · sector 30
FUTURE 98 · sector 64
PAST 0 · sector 34
HEALTH 85 · sector 98
DIVIDEND 44 · sector 55

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 Electronics & Computer Distribution stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
TD SYNNEX Corporation SNX $255.21 $289.83 +14%
Unisplendour Corporation 000938 ¥39.60 ¥16.52 -58%
Rexel S.A RXL €37.61 €32.05 -15%
Arrow Electronics, Inc ARW $210.30 $114.08 -46%
Avnet, Inc AVT $97.31 $77.07 -21%
WPG Holdings 3702 123.50 TWD 148.26 TWD +20%
Nanjing Sunlord Electronics Corporation 300975 ¥27.41 ¥12.34 -55%
Shenzhen Huaqiang Industry Co 000062 ¥23.53 ¥7.52 -68%
Shenzhen H&T Intelligent Control Co. 002402 ¥21.59 ¥20.12 -7%
Topco Scientific Co 5434 521.00 TWD 473.70 TWD -9%

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Frequently asked questions

Is MDR LIMITED (Y3D) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.0255 SGD versus a price of 0.0370 SGD, about −31% (overvalued).
What is the fair value of Y3D?
Our model-based fair value for MDR LIMITED is 0.0255 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.0370 SGD.
What is the quality score of Y3D?
MDR LIMITED has a Quality Score of 37/100. 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 MDR LIMITED (Y3D)?
MDR LIMITED reported trailing-twelve-month revenue of about 248M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of Y3D?
The net profit margin of MDR LIMITED is about -0.3%, meaning it is currently running at a net loss. 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.

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