MI Technovation Bhd (MITE)

Currency in MYR
2.080
+0.070(+3.48%)
Closed·
MITE Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Unusual trading volume
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Fair Value
Day's Range
2.0202.080
52 wk Range
1.4002.330
Key Statistics
Bid/Ask
2.04 / 2.09
Prev. Close
2.01
Open
2.02
Day's Range
2.02-2.08
52 wk Range
1.4-2.33
Volume
1.87M
Average Volume (3m)
865.93K
1-Year Change
-2.37%
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
2.415
Upside
+16.11%
Members' Sentiments
Bearish
Bullish
ProTips
Impressive gross profit margins

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

MI Technovation Bhd Company Profile

Mi Technovation Berhad, an investment holding company, engages in the design, development, manufacturing, and sales of semiconductor manufacturing equipment in Southeast Asia, Northeast Asia, and North America. It operates through Semiconductor Equipment Business Unit, Semiconductor Material Business Unit, and Semiconductor Solutions Business Unit, and Others segments. The Semiconductor Equipment Business Unit segment offers assembly and packaging, vision inspection, laser assisted bonding, and power and final test equipment; provides maintenance services and technical support for the machines; and sells associated spare parts and components. The Semiconductor Material Business Unit segment provides solder spheres in various forms, such as small, ultra small, ultralow alpha solder, and copper core solder balls used in ball grid array and wafer level packaging in the semiconductor industry. The Semiconductor Solutions Business Unit segment offers high power modules and devices for wide bandgap applications in automotive and renewable energy sectors. It also involved in design, development, manufacture, and sale of wafer level chip scale packaging sorting and precision bonding machines; provision of management services; and research and development, manufacture, sale, and marketing of specific process and application in assembly and packaging solutions to customers. The company was formerly known as Mi Equipment Holdings Berhad and changed its name to Mi Technovation Berhad in December 2018. Mi Technovation Berhad was founded in 2007 and is headquartered in Bayan Lepas, Malaysia.

Compare MITE to Peers and Sector

Metrics to compare
MITE
Peers
Sector
Relationship
P/E Ratio
31.0x23.3x11.9x
PEG Ratio
−1.43−0.200.01
Price/Book
1.8x1.9x2.4x
Price / LTM Sales
3.8x2.7x2.2x
Upside (Analyst Target)
15.4%18.0%20.2%
Fair Value Upside
Unlock24.6%5.7%Unlock

Analyst Ratings

3 Buy
1 Hold
0 Sell
Ratings:
4 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 2.415
(+16.11% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.07%
Dividend Yield
3.85%
Industry Median 2.31%
Annualised payout
0.08
Paid unevenly
5-Years Growth
+14.90%
Growth Streak

Earnings

Latest Release
May 16, 2025
EPS / Forecast
0.021 / --
Revenue / Forecast
119.50M / --
EPS Revisions
Last 90 days

MITE Income Statement

FAQ

What Stock Exchange Does MI Technovation Trade On?

MI Technovation is listed and trades on the Kuala Lumpur Stock Exchange stock exchange.

What Is the Stock Symbol for MI Technovation?

The stock symbol for MI Technovation is "MITE."

What Is the MI Technovation Market Cap?

As of today, MI Technovation market cap is 1.83B.

What Is MI Technovation's Earnings Per Share (TTM)?

The MI Technovation EPS (TTM) is 0.07.

When Is the Next MI Technovation Earnings Date?

MI Technovation will release its next earnings report on 23 Oct 2025.

From a Technical Analysis Perspective, Is MITE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has MI Technovation Stock Split?

MI Technovation has split 1 times.

How Many Employees Does MI Technovation Have?

MI Technovation has 0 employees.

What is the current trading status of MI Technovation (MITE)?

As of 11 Aug 2025, MI Technovation (MITE) is trading at a price of 2.08, with a previous close of 2.01. The stock has fluctuated within a day range of 2.02 to 2.08, while its 52-week range spans from 1.40 to 2.33.
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