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Singapore-based electronics manufacturing and technology solutions provider, designing and building products for global technology and life-sciences brands.
Singapore-based electronics manufacturing and technology solutions provider, designing and building products for global technology and life-sciences brands.
Designs and builds products for other companies' brands, mostly in low volume and technically demanding, so it is paid for engineering as well as manufacturing and keeps customers for years. Founder Wong Ngit Liong is still chairman and a major shareholder.
In one line: A Singaporean Jabil/Celestica for niche, complex electronics.
Moat: narrow (switching costs, process know-how, customer qualification). Deep co-engineering relationships with customers on complex, regulated products raise switching costs.
Headquarters: Singapore · Founded: 1989 · Employees: 9,907
Size Venture (V03.SI) is a Singapore Information Technology company (Computer Processing Hardware) with a market value of $3.22B, the 33rd largest of 186 Singapore companies the cockpit tracks. Shares closed at S$14.29 on 6 Nov 2026.
Performance Over six months the shares fell 20.7%, against -16.3% for the median peer and -1.2% for the Singapore market (cap-weighted) — 8th lowest of 18 in its peer set.
Growth Revenue grew 0.5% over the last twelve months (peer median +14.5%); the operating margin is 9.9% (peer median 1.9%).
Valuation It trades at 16.4× forward earnings against a peer median of 13.4× (7th most expensive of 15).
Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is -3%, so the hurdle is +2 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 6.3 points above its cost of capital (6.8% WACC).
Next results Next results expected around 19 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | S$2.63B | S$2.53B | S$2.74B | S$3.03B | S$3.86B |
| Revenue growth | — | -7% | -10% | -22% | — |
| Gross profit | S$373M | S$370M | S$386M | S$435M | S$567M |
| EBITDA | S$295M | S$277M | S$291M | S$328M | S$467M |
| Net income | S$233M | S$227M | S$245M | S$270M | S$370M |
| Free cash flow | S$129M | S$271M | S$507M | S$499M | S$246M |
| Capital expenditure | S$29.8M | S$28.1M | S$16.8M | S$47.9M | S$33.6M |
| Total debt | n/a | S$19.6M | S$30.3M | S$27.5M | S$24.3M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Venture V03.SI | $3.22B | -21% | +1% | 10% | 16.4× | -1.3% |
| Jabil JBL | $24.6B | -33% | +21% | 5% | 13.5× | 8.3% |
| Celestica CLS.TO | $26.3B | -44% | +61% | 9% | 11.5× | 11.0% |
| Flex FLEX | $25.8B | -51% | +18% | 6% | 11.2× | 15.9% |
| Fabrinet FN | $11.7B | -47% | +43% | 10% | 15.6× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | V03.SI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.3% | -6.9% | 8th lowest of 21 |
| 6-month return | -20.7% | -16.3% | 8th lowest of 18 |
| Distance from 52-week high | -23.8% | -39.1% | 3rd highest of 21 |
| Revenue growth (TTM) | +0.5% | +14.5% | 4th lowest of 17 |
| Operating margin | 9.9% | 1.9% | 5th highest of 20 |
| Forward P/E | 16.4× | 13.4× | 7th most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | -1.3% | 6.3% | 4th least demanding of 9 |
| Growth delivered (Del g) | -3.4% | +7.3% | lowest of 9 |
| Hurdle (Req g minus delivered) | +2.1 pp | -4.3 pp | 3rd most demanding of 9 |
| ROIC minus cost of capital | +6.3 pp | -0.4 pp | 5th highest of 19 |
| EV / EBITDA | 10.1× | 9.0× | 2nd most expensive of 4 |
| Net debt / EBITDA | -3.8× | 2.0× | least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Venture V03.SI | Singapore | $3.22B | -21% | +1% | 10% | 16.4× | -1.3% | -3.4% |
| MiTAC 3706.TW | Taiwan | $2.98B | -16% | +44% | 4% | 8.8× | n/a | n/a |
| NCR Atleos NATL | United States | $3.49B | +7% | +2% | 14% | 9.6× | -9.2% | +1.8% |
| RGTI RGTI | United States | $3.92B | -38% | +68% | -728% | n/a | n/a | n/a |
| Acer 2353.TW | Taiwan | $2.63B | +4% | +15% | 2% | 16.4× | n/a | n/a |
| QBTS QBTS | United States | $4.05B | -25% | -44% | -1,373% | n/a | n/a | n/a |
| Compal Electronics 2324.TW | Taiwan | $4.15B | +8% | -4% | 1% | 12.9× | n/a | n/a |
| Guangzhou Shiyuan Electronic Technology 002841.SZ | China | $4.37B | +13% | +35% | 8% | 11.2× | -2.7% | +7.3% |
| Lakala Payment 300773.SZ | China | $2.32B | -25% | +17% | 4% | 17.4× | 14.2% | 0.0% |
| Getac 3005.TW | Taiwan | $2.20B | +19% | +9% | 15% | 12.1× | -7.0% | +7.2% |
| Dongfang Electronics 000682.SZ | China | $2.06B | -21% | +14% | 7% | 13.7× | 8.9% | +17.4% |
| Infleqtion INFQ | United States | $2.00B | -27% | n/a | -315% | n/a | n/a | n/a |
| Willfar Information Technology 688100.SS | China | $1.98B | -28% | -9% | 20% | 22.4× | 17.0% | +15.5% |
| China Greatwall Technology 000066.SZ | China | $5.40B | -42% | +28% | -1% | 81.7× | n/a | n/a |
| Inventec 2356.TW | Taiwan | $5.71B | +12% | +16% | 2% | 13.2× | n/a | n/a |
| Lingyi iTech (Guangdong) 1688.HK | Hong Kong | $5.75B | n/a | +14% | 6% | 12.6× | n/a | n/a |
| PCI Technology 600728.SS | China | $1.58B | -7% | +11% | 0% | 55.3× | 23.0% | +18.8% |
| XGD 300130.SZ | China | $1.49B | -20% | +21% | 12% | 17.9× | 3.8% | +3.8% |
| IQM Quantum Computers Oyj Sponsored ADR IQMX | United States | $1.49B | n/a | n/a | -492% | n/a | n/a | n/a |
| SeeYA Technology 688781.SS | China | $7.11B | +17% | n/a | n/a | n/a | n/a | n/a |
| IQM Quantum Computers IQMX.HE | Finland | $1.41B | n/a | n/a | -492% | n/a | n/a | n/a |