Added to YB: 2026-01-06
Pitch date: 2026-01-02
AYN.SI [neutral]
Global Testing Corporation Limited
Author Info
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Company Info
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.
Market Cap
SGD 34.5M
Pitch Price
SGD 1.35
Price Target
N/A
Dividend
1.88%
EV/EBITDA
1.04
P/E
4.75
EV/Sales
0.28
Sector
Semiconductors and Semiconductor Equipment
Category
value
A Nanocap Trading at 5x Earnings While Buying Back Stock - Global Testing Corporation Limited
AYN.SI (watchlist): Singaporean semiconductor testing co at 4.8x earnings, $21.6M cash vs $11.6M liabilities. H1 2025: +22% revenue growth, gross margin improved to 24% from 16%. Active buybacks (5% share reduction) + S$0.025/share capital return. Risks: 68% customer concentration, capital intensive (53% FCF conversion), flat 5yr growth.
Read full article (3 min)