Nanofilm Technologies International (SGX:MZH) Research & Development: S$18.3 Mil (TTM As of Dec. 2025)


SGX:MZH Nanofilm Technologies International Ltd SGX:MZH
83 GF Score
Price S$1.19
GF Value S$1.10
Valuation Fairly Valued
! 5 Warning Signs
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What is Nanofilm Technologies International Research & Development?

Nanofilm Technologies International SGX:MZH -3.25% 83 Research & Development is S$18.3 Mil as of Dec. 2025. GuruFocus rates SGX:MZH with a GF Score™ of 83/100 and a GF Value™ of S$1.10 (Fairly Valued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Nanofilm Technologies International's Research & Development for the six months ended in Dec. 2025 was S$11.4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was S$18.3 Mil.

Nanofilm Technologies International  (SGX:MZH) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Nanofilm Technologies International Research & Development Related Terms

Nanofilm Technologies International Research & Development Historical Data

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The historical data trend for Nanofilm Technologies International's Research & Development 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.

Nanofilm Technologies International Research & Development Chart

Nanofilm Technologies International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.90 21.91 16.61 14.98 18.28

Nanofilm Technologies International Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.35 7.00 7.98 6.92 11.36
SGX:MZH
83GF Score
Nanofilm Technologies International Ltd SGX:MZH
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanofilm Technologies International Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$18.3 Mil.

* 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 Research & Development →
What does a Research & Development of S$18.3 Mil mean?
Nanofilm Technologies International (SGX:MZH) has a Research & Development of S$18.3 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Nanofilm Technologies International and its competitors.
Is Nanofilm Technologies International's Research & Development too high?
Nanofilm Technologies International's current Research & Development is S$18.3 Mil. Overall, Nanofilm Technologies International has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nanofilm Technologies International's Research & Development compare to APH and GLW?
Nanofilm Technologies International's Research & Development of S$18.3 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Hardware company?
A good Research & Development depends on the Hardware industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Nanofilm Technologies International and its competitors. Nanofilm Technologies International's current Research & Development is S$18.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanofilm Technologies International stock overvalued right now?
Based on GuruFocus' analysis, Nanofilm Technologies International (SGX:MZH) is currently considered Fairly Valued. The stock's GF Value™ is S$1.10, compared to a current price of S$1.19 — trading 8.2% above its estimated fair value. The current Research & Development is S$18.3 Mil. Nanofilm Technologies International's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Nanofilm Technologies International (SGX:MZH), the current Research & Development is S$18.3 Mil as of Dec. 2025. 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 Nanofilm Technologies International (SGX:MZH) Overvalued in 2026?

Based on GuruFocus' analysis, Nanofilm Technologies International stock appears to be overvalued. The current stock price of S$1.19 is trading 8.2% above its estimated GF Value™ of S$1.10. GuruFocus considers Nanofilm Technologies International to be Fairly Valued.

Key valuation signals for SGX:MZH:

  • Research & Development: S$18.3 Mil
  • GF Value™: S$1.10 vs. price of S$1.19 (8.2% above fair value)
  • GF Score™: 83/100 with 5 warning signs

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

Nanofilm Technologies International Business Description

Address 11 Tai Seng Drive, Singapore, SGP, 535226
Nanofilm Technologies International Ltd is a provider of nanotechnology solutions in Asia. Its solutions serve as key catalysts enabling customers to achieve advancements in their end-products in an environmentally sustainable manner. The company operates in four segments: advanced materials BU, Nanofabrication BU, Sydrogen BU, and Industrial equipment BU. The majority of its revenue comes from the advanced materials BU segment, which provides advanced materials through surface solution services based on its vacuum coating technologies and processes. Geographically, the company generates revenue from Singapore, Japan, Vietnam, and China being the majority revenue generator.
83GF Score

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

S$1.19
Price
S$1.10
GF Value