MITNF (MI Technovation Bhd) Financial Strength: 8 (As of Mar. 2026) — 11% Below Median


MITNF MI Technovation Bhd MITNF
82 GF Score
Price $0.57
GF Value $0.41
! 8 Warning Signs
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What is MI Technovation Bhd Financial Strength?

MI Technovation Bhd MITNF 82 Financial Strength is 8 as of Mar. 2026, which is 11% below its 10-year median of 9.00. GuruFocus rates MITNF with a GF Score™ of 82/100 and a GF Value™ of $0.41. The stock has 8 warning signs investors should review.

MI Technovation Bhd has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

MI Technovation Bhd shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

MI Technovation Bhd's Interest Coverage for the quarter that ended in Mar. 2026 was 55.72. MI Technovation Bhd's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.17. As of today, MI Technovation Bhd's Altman Z-Score is 11.25.


MI Technovation Bhd  (OTCPK:MITNF) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

MI Technovation Bhd has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


MI Technovation Bhd Financial Strength Related Terms


MITNF vs AMAT, LRCX, KLAC: Financial Strength Comparison

For the Semiconductor Equipment & Materials subindustry, MI Technovation Bhd's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Semiconductors Industry

For the Semiconductors industry and Technology sector, MI Technovation Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where MI Technovation Bhd's Financial Strength falls into.


MITNF
82GF Score
MI Technovation Bhd MITNF
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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MI Technovation Bhd Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

MI Technovation Bhd's Interest Expense for the months ended in Mar. 2026 was $-0.2 Mil. Its Operating Income for the months ended in Mar. 2026 was $9.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $7.7 Mil.

MI Technovation Bhd's Interest Coverage for the quarter that ended in Mar. 2026 is

Interest Coverage=-1*Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*9.695/-0.174
=55.72

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. MI Technovation Bhd has enough cash to cover all of its debt. Its financial situation is stable.

2. Debt to revenue ratio. The lower, the better.

MI Technovation Bhd's Debt to Revenue Ratio for the quarter that ended in Mar. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(21.805 + 7.705) / 169.9
=0.17

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

MI Technovation Bhd has a Z-score of 11.25, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 11.25 is strong.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 8 mean?
MI Technovation Bhd (MITNF) has a Financial Strength of 8 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on MI Technovation Bhd and its competitors. This is 11% below median its historical median of 9.00. Over the past decade, MI Technovation Bhd's Financial Strength has ranged from 3.00 to 10.00.
Is MI Technovation Bhd's Financial Strength too high?
MI Technovation Bhd's current Financial Strength of 8 is 11% below median its 10-year median of 9.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 10.00. Overall, MI Technovation Bhd has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does MI Technovation Bhd's Financial Strength compare to AMAT and LRCX?
MI Technovation Bhd's Financial Strength of 8 can be compared against companies in the Semiconductors industry. Historically, MI Technovation Bhd's own Financial Strength has ranged from 3.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Semiconductors company?
A good Financial Strength depends on the Semiconductors industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on MI Technovation Bhd and its competitors. MI Technovation Bhd's current Financial Strength is 8, which is 11% below median its own 10-year median of 9.00. 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?
MI Technovation Bhd (MITNF) has a current Financial Strength of 8. The stock's GF Value™ is $0.41, compared to a current price of $0.57 — trading 39% above its estimated fair value. The current Financial Strength is 8, which is 11% below median its 10-year median of 9.00. MI Technovation Bhd's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For MI Technovation Bhd (MITNF), the current Financial Strength is 8 as of Mar. 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 (MITNF) Overvalued in 2026?

Based on GuruFocus' analysis, MI Technovation Bhd stock appears to be overvalued. The current stock price of $0.57 is trading 39% above its estimated GF Value™ of $0.41.

Key valuation signals for MITNF:

  • Financial Strength: 8 (11% below median its 10-year median of 9.00)
  • GF Value™: $0.41 vs. price of $0.57 (39% above fair value)
  • GF Score™: 82/100 with 8 warning signs

No single metric tells the full story. See the MITNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MI Technovation Bhd Business Description

Other Exchanges 5286:Malaysia
Address ILHAM Tower No.8 Jalan Binjai, Office Suite 12A-2, Level 12A, Kuala Lumpur, MYS, 50450
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.
82GF Score

Get the complete analysis for MITNF

Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.57
Price
$0.41
GF Value