Floating Button
Home Capital Broker's Calls

UOBKH raises target price for Valuetronics to $1.88 on earnings and capital returns visibility

The Edge Singapore
The Edge Singapore • 3 min read
UOBKH raises target price for Valuetronics to $1.88 on earnings and capital returns visibility
Valuetronics is now trading at just 10x FY2028 ex-cash earnings and offers an attractive FY2028 dividend yield of about 6%
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.
Add as a preferred source on Google

Valuetronics Holdings has reported lower earnings for its FY2026 because of an impairment of an underperforming associate.

However, John Cheong and Heidi Mo of UOB Kay Hian have nearly doubled their target price from $1.03 to $1.88, with an eye on the manufacturer's better earnings visibility, shift towards higher margin products, plus a clear capital return plan.

For the year ended March, Valuetronics recorded revenue of HK$1.65 billion, down 4%, in line with what they were expecting.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.