Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 18 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

Uchi Technologies (UCHI MK) Q3FY25: I Get Knocked Down, But I Get Up Again

Uchi Technologies Q1 FY25: Guidance Scrapped In The Wake Of Global Uncertainty

Uchi Technologies (UCHI MK): Resilient Profitability (64% OP) And >50% ROE Despite Weak Demand

Uchi Technologies (UCHI MK): Weak Q4, Tepid 2025 Guidance, Dividend Payment Intact

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

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<li>
<a href="https://www.smartkarma.com/entities/uchi-technologies-bhd" target="_blank" data-smartkarma-citation="entities:10723:1" rel="noopener">Uchi Technologies (UCHI MK)</a> reported another weak quarter, with revenues/profits down 24%/30%YoY, respectively. In Q1, they scrapped their guidance for FY25 (Vs a low-teens revenue decline earlier).</li>
<li>Profit margins were 50.1% (down 440 bps YoY) for Q2 FY25, and we expect a slight decline in future quarters due to a strong MYR (the company has USD-denominated revenue).</li>
<li>With revenues stabilizing and the company generating healthy cash flows, we believe it will weather the storm. Stock trades at 18x FY25 with a 6% yield. </li>
</ul>



Uchi Technologies (UCHI MK) reported another weak quarter, with revenues/profits down 24%/30%YoY, respectively. In Q1, they scrapped their guidance for FY25 (Vs a low-teens revenue decline earlier).
Profit margins were 50.1% (down 440 bps YoY) for Q2 FY25, and we expect a slight decline in future quarters due to a strong MYR (the company has USD-denominated revenue).
With revenues stabilizing and the company generating healthy cash flows, we believe it will weather the storm. Stock trades at 18x FY25 with a 6% yield. 


Uchi Technologies (UCHI MK) Q2 2025: Revenue and Margin Stabilized, Dividend Sustained