tiprankstipranks
Trending News
More News >
Nanofilm Technologies International Ltd. (SG:MZH)
SGX:MZH
Singapore Market
Advertisement

Nanofilm Technologies International Ltd. (MZH) AI Stock Analysis

Compare
36 Followers

Top Page

SG:MZH

Nanofilm Technologies International Ltd.

(SGX:MZH)

Rating:64Neutral
Price Target:
S$1.00
▲(31.58%Upside)
The overall stock score is primarily impacted by the mixed financial performance and high valuation concerns. While technical indicators show strong momentum, overbought signals suggest cautious optimism. The lack of earnings call data and notable corporate events limits additional insights.
Positive Factors
Geographical Expansion
Geographical expansion includes new sites in Vietnam, Europe, and India, enhancing trade diversification.
Innovative Solutions
Proprietary coating solutions are superior to peers and environmentally friendly.
Revenue Growth
Nanofilm's revenue increased 12% year-over-year to S$44m, aligning with full-year forecasts.
Negative Factors
Cost Pressure
Full potential of various initiatives not realised yet, with near-term cost pressure remaining.
Gross Margin Decline
Gross margin fell, leading to 1Q25 results being below expectations.
Tariff Risks
There are downside risks to earnings due to trade tariffs, leading to a reiterated Reduce recommendation with a lower target price.

Nanofilm Technologies International Ltd. (MZH) vs. iShares MSCI Singapore ETF (EWS)

Nanofilm Technologies International Ltd. Business Overview & Revenue Model

Company DescriptionNanofilm Technologies International Limited, together with its subsidiaries, provides nanotechnology solutions in Singapore, China, Japan, and Vietnam. The company operates through three segments: Advanced Materials, Industrial Equipment, and Nanofabrication. The Advanced Materials segment offers advanced materials through surface solution services based on its vacuum coating technologies and processes. The Industrial Equipment segment manufactures and sells turnkey equipment systems comprising coating equipment, cleaning lines, and automation systems that are installed at its customers' production lines. This segment also provides customized operating software for its systems and training, as well as spare-parts, customer service, and other forms of after-sales support. The Nanofabrication segment manufactures and supplies nanoproducts, which are used by its customers as components for the smooth functioning and performance of various parts of their end-products. The company is also involved in the marketing and sale of industrial machinery and equipment; research and experimental development on engineering; research and development, engineering, and production hydrogen application and products; manufacture and supply of dies, moulds, tools, jigs, and fixtures; and provision of coating services to end users in the precision engineering and printed circuit boards industry, as well as coating services for precision components and automotive parts. In addition, it engages in solar cell business; the provision of consultation and technical development services; the manufacture and forming of modules; manufacture, processing, and assembly of plastic products; production and sale of auto parts; and trading and sale of electronics and equipment. The company was incorporated in 1999 and is headquartered in Singapore.
How the Company Makes MoneyNanofilm Technologies International Ltd. generates revenue primarily through the sale of its nanotechnology-based coatings and materials. The company has developed a robust revenue model centered around its unique thin-film technology, which is applied to various consumer and industrial products. Key revenue streams include the supply of advanced materials used in the production of electronics components, automotive parts, and precision engineering tools. Additionally, Nanofilm collaborates with major industry players through strategic partnerships and licensing agreements, enabling it to expand its market reach and enhance its technological capabilities. The demand for high-performance, durable coatings fuels the company's earnings, supported by continuous innovation and adaptation to industry trends.

Nanofilm Technologies International Ltd. Financial Statement Overview

Summary
Nanofilm Technologies displays a mixed financial profile. The balance sheet remains stable with manageable debt levels, but income statement results indicate pressure on profitability due to declining profit margins and inconsistent revenue growth. Cash flow challenges, especially negative free cash flow due to high capital expenditures, highlight potential liquidity concerns.
Income Statement
65
Positive
Nanofilm Technologies shows mixed performance in its income statement. The gross profit margin remains healthy, though it has decreased in recent years, indicating tighter cost management. The net profit margin has fluctuated, with a notable decline in recent years, reflecting potential issues in profitability. Revenue growth has been inconsistent, with some years showing decline. EBIT and EBITDA margins have shown volatility, highlighting operational challenges.
Balance Sheet
75
Positive
The balance sheet of Nanofilm Technologies is relatively strong with a stable equity base. The debt-to-equity ratio remains manageable, although it has increased recently. ROE has shown volatility, suggesting fluctuations in shareholder returns. The equity ratio indicates a solid equity position relative to assets, supporting financial stability.
Cash Flow
60
Neutral
Cash flow performance is mixed, with challenges in maintaining positive free cash flow in recent years. Operating cash flow to net income ratio indicates reasonable cash generation from operations. However, negative free cash flow highlights high capital expenditures relative to cash generated, potentially impacting liquidity.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue204.27M177.02M237.41M246.69M218.34M
Gross Profit75.87M65.56M111.39M122.16M119.79M
EBITDA53.00M39.38M77.97M96.11M91.10M
Net Income7.74M3.13M43.81M62.20M57.62M
Balance Sheet
Total Assets635.09M621.50M617.87M644.92M548.89M
Cash, Cash Equivalents and Short-Term Investments110.21M155.21M156.53M182.53M226.50M
Total Debt105.68M105.76M46.57M46.11M42.27M
Total Liabilities205.14M197.50M153.39M169.94M108.46M
Stockholders Equity387.86M379.87M418.79M429.60M430.84M
Cash Flow
Free Cash Flow-28.88M-24.29M10.29M-34.50M-21.67M
Operating Cash Flow21.22M39.05M72.42M73.20M59.02M
Investing Cash Flow-59.09M-54.93M-68.89M-119.81M-80.50M
Financing Cash Flow-7.46M25.49M-27.91M-4.90M222.30M

Nanofilm Technologies International Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.76
Price Trends
50DMA
0.61
Positive
100DMA
0.59
Positive
200DMA
0.68
Positive
Market Momentum
MACD
0.04
Negative
RSI
79.02
Negative
STOCH
89.52
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:MZH, the sentiment is Positive. The current price of 0.76 is above the 20-day moving average (MA) of 0.67, above the 50-day MA of 0.61, and above the 200-day MA of 0.68, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 79.02 is Negative, neither overbought nor oversold. The STOCH value of 89.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:MZH.

Nanofilm Technologies International Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
S$495.31M65.252.02%0.87%15.39%140.82%
63
Neutral
$34.70B5.15-11.38%1.67%5.54%-17.15%
$2.80B15.498.59%0.64%
75
Outperform
S$501.67M12.5512.72%13.06%-50.75%-61.46%
66
Neutral
S$691.89M18.878.89%1.61%6.93%14.19%
64
Neutral
S$312.15M28.138.66%0.33%43.32%96.93%
57
Neutral
S$529.61M46.172.40%-20.96%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:MZH
Nanofilm Technologies International Ltd.
0.78
-0.08
-9.30%
VEMLF
Venture
9.74
-0.83
-7.85%
SG:8AZ
Aztech Global Ltd.
0.68
-0.12
-15.00%
SG:AWX
AEM Holdings Ltd.
1.72
0.01
0.58%
SG:E28
Frencken Group Limited
1.67
0.34
25.56%
SG:JLB
Grand Venture Technology Limited
0.93
0.36
63.16%

Nanofilm Technologies International Ltd. Corporate Events

Nanofilm Technologies Holds Annual General Meeting, Reinforces Strategic Direction
May 23, 2025

Nanofilm Technologies International Ltd. held its Annual General Meeting on April 25, 2025, where the Executive Chairman, Dr. Shi Xu, welcomed shareholders and expressed gratitude for their support. The meeting, attended by key directors and shareholders, marked the company’s commitment to transparency and stakeholder engagement, reinforcing its strategic direction and operational focus for the financial year ending December 2024.

The most recent analyst rating on (SG:MZH) stock is a Hold with a S$0.63 price target. To see the full list of analyst forecasts on Nanofilm Technologies International Ltd. stock, see the SG:MZH Stock Forecast page.

Nanofilm Technologies Streamlines Governance with New Audit and Risk Committee
May 16, 2025

Nanofilm Technologies International Ltd. has announced the formation of an Audit and Risk Committee by merging its existing Audit Committee and Board Risk Committee, effective June 1, 2025. This strategic move is aimed at streamlining governance, integrating oversight of financial and risk matters, utilizing director expertise effectively, and enhancing accountability and communication within the board.

The most recent analyst rating on (SG:MZH) stock is a Sell with a S$0.60 price target. To see the full list of analyst forecasts on Nanofilm Technologies International Ltd. stock, see the SG:MZH Stock Forecast page.

Nanofilm Technologies Reports Strong Q1 2025 Growth Amid Market Challenges
May 13, 2025

Nanofilm Technologies International Ltd. reported a 12% year-on-year revenue growth for the first quarter of 2025, reaching S$44 million. This growth was primarily driven by the Advanced Materials Business Unit and the Nanofabrication Business Unit, with the former contributing 89% of the Group’s revenue. Despite market uncertainties, the company’s diversified business portfolio and production capabilities have laid a strong foundation for sustainable long-term growth.

The most recent analyst rating on (SG:MZH) stock is a Sell with a S$0.60 price target. To see the full list of analyst forecasts on Nanofilm Technologies International Ltd. stock, see the SG:MZH Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 24, 2025