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MI Technovation BhdXKLS:5286 79 Forward PE Ratio is 35.67 as of Jul. 24, 2026. GuruFocus rates XKLS:5286 with a GF Score™ of 79/100 and a GF Value™ of RM3.70 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 550 Semiconductors companies, MI Technovation Bhd ranks worse than 55.45% on this metric.
MI Technovation Bhd (XKLS:5286) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
MI Technovation Bhd Forward PE Ratio Related Terms
MI Technovation Bhd Forward PE Ratio Historical Data
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The historical data trend for MI Technovation Bhd's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MI Technovation Bhd Forward PE Ratio Chart
MI Technovation Bhd Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
20.56
23.58
MI Technovation Bhd Quarterly Data
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
19.80
20.56
16.85
19.00
25.16
23.58
20.22
33.57
XKLS:5286 vs AMAT, LRCX, KLAC: Forward PE Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, MI Technovation Bhd's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MI Technovation Bhd Forward PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, MI Technovation Bhd's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where MI Technovation Bhd's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
MI Technovation Bhd (XKLS:5286) has a Forward PE Ratio of 35.67 as of Jul. 24, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on MI Technovation Bhd and its competitors. According to the industry distribution chart, MI Technovation Bhd ranks #305 out of 550 companies in the Semiconductors industry, placing it in the top 55.5%.
Is MI Technovation Bhd's Forward PE Ratio too high?
MI Technovation Bhd's current Forward PE Ratio is 35.67. The Semiconductors industry median Forward PE Ratio is 30.62. MI Technovation Bhd's value of 35.67 is 16.5% above this industry median. Based on the distribution chart, MI Technovation Bhd ranks #305 out of 550 companies in the Semiconductors industry, which is below the industry midpoint. Overall, MI Technovation Bhd has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MI Technovation Bhd's Forward PE Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, MI Technovation Bhd ranks #305 out of 550 companies for Forward PE Ratio. This places MI Technovation Bhd in the lower half of its industry. The industry median Forward PE Ratio is 30.62. MI Technovation Bhd's value of 35.67 is 16.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Semiconductors company?
The median Forward PE Ratio among Semiconductors companies is 30.62, based on 550 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MI Technovation Bhd's current Forward PE Ratio of 35.67 is 16.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on MI Technovation Bhd and its competitors. For the Semiconductors industry, the median Forward PE Ratio is 30.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MI Technovation Bhd's current Forward PE Ratio is 35.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MI Technovation Bhd stock overvalued right now?
Based on GuruFocus' analysis, MI Technovation Bhd (XKLS:5286) is currently considered Significantly Overvalued. The stock's GF Value™ is RM3.70, compared to a current price of RM5.60 — trading 51.4% above its estimated fair value. The current Forward PE Ratio is 35.67 and 16.5% above the Semiconductors industry median of 30.62. MI Technovation Bhd's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For MI Technovation Bhd (XKLS:5286), the current Forward PE Ratio is 35.67 as of Jul. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MI Technovation Bhd (XKLS:5286) Overvalued in 2026?
Based on GuruFocus' analysis, MI Technovation Bhd stock appears to be overvalued.
The current stock price of RM5.60 is trading 51.4% above its estimated GF Value™ of RM3.70.
GuruFocus considers MI Technovation Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:5286:
Forward PE Ratio: 35.67
GF Value™: RM3.70 vs. price of RM5.60 (51.4% above fair value)
Industry Position: 16.5% above the Semiconductors median (#305 of 550)
No single metric tells the full story. See the XKLS:5286 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MI Technovation Bhd is engaged in the design, development, manufacturing and sales of semiconductor manufacturing equipment, provision of maintenance services and technical support, manufacturing and sales of solder spheres, research and development, manufacturing, sales and marketing of specific process and application in assembly and packaging solutions to customer. Its segments include Semiconductor Equipment Business Unit, Semiconductor Equipment Business Unit, and Semiconductor Solutions Business Unit, and Others. The SEBU is involved in design, manufacturing and sales of semiconductor manufacturing equipment, coupled with integrated Artificial Intelligence (AI) technologies and smart factory automation solutions.
79GF Score
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