Added to YB: 2026-05-06
Pitch date: 2026-05-04
5DD.SI [neutral]
Micro-Mechanics (Holdings) Ltd.
Author Info
No bio for this author
Company Info
Micro-Mechanics (Holdings) Ltd. designs, manufactures, and markets precision parts and tools for the wafer-fabrication, assembly, and testing processes of the semiconductor industry.
Market Cap
SGD 489.3M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
18.61
P/E
35.43
EV/Sales
6.60
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Micro-Mechanics: Thesis has materialised
5DD.SI (holding update): Q3'26 rev +16% YoY, op margins recovered to prior upcycle levels. Lead times rising = healthy near-term demand. However, inventory +23% YoY (faster than rev) signals late-stage upcycle. Framework suggests shortage ends ~Q1'27, potential downcycle from Q3'27. Position grown large after +97% rally; holding but redeploying capital for prudent portfolio mgmt. At SGD3.34, shares fairly valued at 34x P/E.
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