- A specialist in precision machining and sheet metal fabrication, especially in the front-end semiconductor segment – UMS Integration (SGX:558) provides high-precision front-end semiconductor components, equipment, and engineering solutions to semiconductor original equipment manufacturers (OEMs).
- - Read this at SGinvestors.io -
Benefitting from positive semiconductor outlook.
- UMS offers a recovery play on the front-end semiconductor segment. The wafer fab equipment segment is expected to grow by 7% y-o-y in 2025 and 10% y-o-y in 2026 (2024: +10% y-o-y), according to Semiconductor Equipment and Materials International’s (SEMI) latest Mid-Year Total Semiconductor Equipment Forecast – OEM Perspective report.
- - Read this at SGinvestors.io -
- investment in capacity expansion; and
- leading edge production from chip innovations on the back of artificial intelligence (AI) applications, data centres, high-performance computing, and automotive electrification.
- This makes UMS a key beneficiary of the semiconductor equipment growth trend.
- UMS's share price trades at ~17x FY26F P/E on 19% FY24-27F earnings CAGR based on Bloomberg estimates.
New customer and Penang facility to drive growth.
- Read more at SGinvestors.io.
Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.
Alfie Yeo RHB Securities Research | https://www.rhbgroup.com/ 2025-10-24
Read also RHB's most recent report:
2026-05-19 UMS Integration - New Customer Orders Driving Growth; Maintain BUY.
Previous report by RHB:
2026-03-09 UMS Integration - New Customer Order Ramp-up To Drive Growth; BUY.
Price targets by 3 other brokers at UMS Target Prices.
Listing of research reports at UMS Analyst Reports.
Relevant links:
UMS Share Price History,
UMS Announcements,
UMS Dividend Payout Dates & Corporate Actions,
UMS News
