EN DE

Nanofilm Technologies International Limited (MZH) Fair Value & Analysis

Technology · SG · Market cap 829M SGD

NT Nanofilm Technologies International Limited MZH · SG
Price1.05 SGD
Fair Value0.4400 SGD
Upside-58.1%
Quality54/100
Watch Nanofilm Technologies International Limited for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 4.8% net margin
Low debt · negative free cash flow
1.03% dividend yield
Mixed vs. peers (7/14)
Narrow moat 30/100
Evidence: Medium Range 0.3800 SGD – 0.5100 SGD Share as image

Fair value as of: Aug 13, 2026

From 14 valuation models · updated today

Fair value updated Aug 13, 2026, revised from 0.3600 SGD to 0.4400 SGD (+22.2%) since Aug 9, 2026. Share price −11.8% over the past month.

A solid business, but screening 58% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.5100 SGD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

6.23 SGD 0.4475 SGD Fair Value 0.4400 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 0.4475 SGD – 6.23 SGD · fair‑value band 0.3800 SGD – 0.5100 SGD · the 1.05 SGD price screens above the 0.4400 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Nanofilm Technologies International Limited (MZH) currently trades at 1.05 SGD, while our model-based Fair Value estimate is 0.4400 SGD, implying the stock looks roughly 58.1% overvalued today. The Quality Score stands at 54/100 (solid 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, Nanofilm Technologies International Limited generated revenue of 245M SGD at a net margin of 4.8%. Revenue grew 13.0% year over year. It earns a return on equity of 2.7%. Net debt stands at 7.9M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.3800 SGD (bear case) to 0.5100 SGD (bull case); at 1.05 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 37% below its 52-week high and 99% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -58%, MZH screens cheaper 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
Residual Income 0.4500 SGD 0.4300 SGD 0.3200 SGD 76
ROIC Compounder 0.1700 SGD 0.1900 SGD 0.2100 SGD 72
Growth-Adj P/E 0.2700 SGD 0.3900 SGD 0.5100 SGD 68
All 14 models by family
Earnings-Based
Graham-Dodd 0.1200 SGD 0.5400 SGD 0.7400 SGD 54
Lynch FV 0.1400 SGD 0.2000 SGD 0.2600 SGD 50
PEG = 1.0 0.1400 SGD 0.2000 SGD 0.2600 SGD 46
EPV 0.1700 SGD 0.1900 SGD 0.2100 SGD 59
Multiples
P/E Multiple 0.3800 SGD 0.5100 SGD 0.6300 SGD 63
P/S Multiple 0.2300 SGD 0.3100 SGD 0.3800 SGD 58
P/B Multiple 0.2300 SGD 0.3100 SGD 0.3800 SGD 55
EV/EBIT 0.4600 SGD 0.6100 SGD 0.7600 SGD 53
EV/EBITDA 1.26 SGD 1.67 SGD 2.09 SGD 54
EV/Revenue 0.2300 SGD 0.3300 SGD 0.4300 SGD 43
Asset-Based
NCAV (Graham) 0.3400 SGD 0.4500 SGD 0.6700 SGD 50
Economic Profit
Residual Income 0.4500 SGD 0.4300 SGD 0.3200 SGD 76
ROIC Compounder 0.1700 SGD 0.1900 SGD 0.2100 SGD 72
Growth Earnings
Growth-Adj P/E 0.2700 SGD 0.3900 SGD 0.5100 SGD 68

Widest divergence: Asset-Based (0.4500 SGD) versus Economic Profit (0.1900 SGD). Highest evidence: Residual Income (76).

Notify me when MZH reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 245M SGD
Revenue growth (YoY) +13.0%
Net margin 4.8%
Return on equity 2.7%
Free cash flow −14.5M SGD FY2025
P/E ratio 52.5
More key figures
Operating margin 10.9%
EPS (TTM) 0.0200 SGD
Dividend yield 1.0%
EPS growth (YoY) -11.3%
Net debt 7.9M SGD FY2025

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

Quality Score breakdown

Overall quality 54/100

Of which business quality 55 · Market factors (momentum, volatility) 62

Profitability 25
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 43
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 62
Disciplined investing over empire-building
Low Volatility 40
Calm price path (market factor)
Momentum 74
Price trend over the last 3–12 months (market factor)
52W Momentum 67
Distance to the 52-week high (market factor)
Net Issuance 83
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

Nanofilm Technologies International Limited, together with its subsidiaries, provides nanotechnology solutions in Singapore, China, Japan, and Vietnam. It operates through Advanced Materials, Industrial Equipment, Nanofabrication, and Sydrogen Energy segments.

Full company description

Nanofilm Technologies International Limited, together with its subsidiaries, provides nanotechnology solutions in Singapore, China, Japan, and Vietnam. It operates through Advanced Materials, Industrial Equipment, Nanofabrication, and Sydrogen Energy segments. The Advanced Materials segment offers advanced materials through surface solution services based on vacuum coating technology across a range of industries. The Industrial Equipment segment manufactures and sells turnkey equipment systems, such as coating equipment, cleaning lines, and automation systems. This segment also provides customized operating software, training, spare parts, customer service, and other after-sales support services. The Nanofabrication segment manufactures and supplies nanoproducts in optical imaging lens and sensory components critical to customers' end-products. The Sydrogen segment provides critical fuel cell components with proprietary conductive diamond coatings, and fuel cell system solutions for the hydrogen energy market. It is also involved in the marketing and sale of industrial machinery and equipment, and coating services; research and experimental development on engineering; and production of hydrogen application and products; manufacture and supply of dies, molds, tools, jigs, and fixtures; manufacture and repair of machinery; manufacture of plastic products; and provision of coating services to end users in the precision engineering and components, and printed circuit boards industry; provision of technical services; and provision of automotive parts. In addition, the company engages in solar cell business; the provision of consultation and technical development services; the manufacture and forming of modules, processing and assembly of plastic products; production and sale of auto parts; and trading and sale of electronics and equipment. Nanofilm Technologies International Limited was incorporated in 1999 and is headquartered in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Nanofilm Technologies International Limited reported revenue of 245M SGD in FY2025 versus 247M SGD in FY2021, a compound −0.2%/yr. Reported net income was 11.8M SGD in FY2025, compounding −34.0%/yr from FY2021.

Growth Quality 24/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
245M SGD
Latest YoY
+19.7%
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.
+1.0%
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.
+2.3%
Avg. growth/yr (8Y) 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.
+11.3%
Revenue −0.2%/yr
FY21 247M SGD
FY22 237M SGD
FY23 177M SGD
FY24 204M SGD
FY25 245M SGD
Net income −34.0%/yr
FY21 62.2M SGD
FY22 43.8M SGD
FY23 3.1M SGD
FY24 7.7M SGD
FY25 11.8M SGD

MZH screens 58% overvalued. Compare with Delta Electronics, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

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.

Cite: Fair Value Calculator (2026). "Nanofilm Technologies International Limited Fair Value". https://www.fairvalue-calculator.com/stock/MZH

Peer Group

Electronic Components · 647 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 54 · Above median
Fair Value upside −64% · Below median
Return on equity (TTM) 3% · Below median
Return on assets 2% · Below median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth 13% · Above median
Dividend yield (TTM) 1.0% · Below median
Debt / equity 0.19× · Higher than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 52.5× · Pricier than median
P/B 1.48× · Cheaper than median
P/S (TTM) 2.65× · Pricier than median
EV/EBITDA 12.9× · Cheaper than median
PEG 0.62× · Cheaper 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 0
FUTURE 65 · sector 36
PAST 11 · sector 24
HEALTH 91 · sector 95
DIVIDEND 21 · sector 24

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,790 TWD 602.37 TWD -66%
Luxshare Precision Industry Co 002475 ¥56.06 ¥38.44 -31%
Samsung Electro-Mechanics Co 009150 1,503,000 KRW 172,954 KRW -88%
Suzhou Dongshan Precision Manufacturing Co 002384 ¥202.11 ¥21.19 -90%
Shengyi Technology Co 600183 ¥143.23 ¥36.30 -75%
Shennan Circuits Co 002916 ¥385.80 ¥125.52 -67%
Victory Giant Technology (HuiZhou) Co 2476 HK$238.60 HK$75.68 -68%
Kingboard Laminates Holdings 1888 HK$38.70 HK$8.95 -77%
Asia Vital Components Co 3017 2,910 TWD 1,369 TWD -53%
Nan Ya Printed Circuit Board Corporation 8046 1,215 TWD 1,768 TWD +46%

Compare Nanofilm Technologies International Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Nanofilm Technologies International Limited (MZH) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.4400 SGD versus a price of 1.05 SGD, about −58% (overvalued).
What is the fair value of MZH?
Our model-based fair value for Nanofilm Technologies International Limited is 0.4400 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 1.05 SGD.
What is the quality score of MZH?
Nanofilm Technologies International Limited has a Quality Score of 54/100. 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 Nanofilm Technologies International Limited (MZH)?
Nanofilm Technologies International Limited reported trailing-twelve-month revenue of about 245M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of MZH?
The net profit margin of Nanofilm Technologies International Limited is about 4.8%, meaning it keeps roughly 4.8% of revenue as net income. Based on the latest reported figures.
Does Nanofilm Technologies International Limited pay a dividend?
Nanofilm Technologies International Limited currently shows a dividend yield of about 1.03% relative to its recent price (as of Aug 13, 2026).

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.

14 days Pro free · no card

Track Nanofilm Technologies International Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.