Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Mindtell Technology Limited functions as an investment holding company, delivering diverse information technology services throughout Malaysia, Indonesia, and Singapore. Its operations are structured into three key divisions: System Integration and Development Services, IT Outsourcing Services, and Maintenance and Consultancy Services. The company specializes in creating, sourcing, installing, and providing ongoing support for bespoke system applications designed for its corporate clients. Furthermore, Mindtell offers proprietary solutions such as NS3, a square intelligence system; CUSTPRO, a customer relationship management platform; and Blackbutton, a mobile payment application. Its extensive clientele includes both private and public sector organizations, such as banks, financial institutions, government and statutory bodies, educational establishments, IT service providers, software principals, and various small to medium-sized enterprises. The company was founded in 2006 and is headquartered in Subang Jaya, Malaysia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.