Broker: CGS International
Date of Report: April 22, 2026
Excerpt from CGS International report.
Report Summary
- Stock Focus: Nanofilm Technologies Int’l Ltd (NANO SP)
- Action: Add (Buy)
- Target Price: S\$1.40 (previously S\$0.82)
- Current Price: S\$1.02
- Upside: 37.3%
- Key Idea: Nanofilm is on track for earnings recovery with 1Q26 revenue up 24% YoY, gross margin significantly improved (39% vs 27% last year), and net profit expected to grow with a three-year EPS CAGR of 59%.
- Highlights:
- Strong performance in AMBU segment (main revenue driver), with ongoing technical developments and customer engagement.
- FY27-28F revenue and EPS forecasts raised due to better-than-expected 1Q26 results.
- Risks include high customer concentration and potential higher operating/electricity costs.
- Ticker: NANO SP
above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website : https://www.cgs-cimb.com
