Ratings Mi Technovation

Equities

MI

MYL5286OO009

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-05-06 pm EDT			5-day change	1st Jan Change
1.92 ^MYR	0.00%		+2.13%	+3.78%

Feb. 23	Mi Technovation Berhad Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	CI
Feb. 23	Mi Technovation Berhad Announces Second Interim Dividend for the Financial Year Ended 31 December 2023, Payable on 25 March 2024	CI

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental configuration.

Strengths

The company returns high margins, thereby supporting business profitability.

Weaknesses

The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
The firm trades with high earnings multiples: 30.38 times its 2023 earnings per share.
The company is highly valued given the cash flows generated by its activity.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Semiconductor Equipment & Testing

	1st Jan change	Capi.	ESG Refinitiv
MI TECHNOVATION	+3.78%	362M	C+
ASML HOLDING N.V.	+25.30%	359B	B
LAM RESEARCH CORPORATION	+16.81%	121B	B
TOKYO ELECTRON LTD.	+44.68%	105B	B+
ENTEGRIS, INC.	+10.75%	20.19B	C+
ASE TECHNOLOGY HOLDING CO., LTD.	+11.85%	19.77B	B+
ONTO INNOVATION INC.	+38.08%	10.27B	B
SCREEN HOLDINGS CO., LTD.	+45.22%	10.25B	B+
AMKOR TECHNOLOGY, INC.	-1.47%	7.97B	C+
ZHEJIANG JINGSHENG MECHANICAL & ELECTRICAL CO., LTD.	-23.11%	6.2B	D+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes