Venture Corporation Limited VEMLY

Information TechnologyElectronic Equipment & PartsSingapore

Last close 58.84 USD on Nov 2, 2026, +12.3% year to date

Quant rating

Quant rating C Rank 117 of 200 in Information Technology

Growth D 162 of 200
Valuation C 134 of 200
Quality D 146 of 200
Revisions B 62 of 200
Momentum B 75 of 200

Wall Street consensus Buy (2.09)Average target 16.03 USD −72.8%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 3.3B
Enterprise value: 2.4B
52-week range: 54.78 – 72.94
3-year range: 38.07 – 72.94
Dividend yield: 5.07%
Beta (5 years): 0.56
Shares outstanding: 289M
Next earnings: Nov 6, 2026

About the company

Venture Corporation Limited is a Singapore-based company that provides technology services, products and solutions. It is engaged in design and development, product and process engineering, design for manufacturability, and supply chain management in diverse technology domains. It specializes in various technology domains, including life science, genomics, molecular diagnostics, medical devices and equipment, healthcare, luxury lifestyle and wellness technology, test and measurement technology instrumentation, networking and communications, advanced industrial, as well as computing, printing and imaging technology. Its Capabilities include Research and Development, Product Industrialization, Advanced Manufacturing Technology, Order Fulfillment, and Product Lifecycle Management. Product Industrialization involving the transition from the design phase to mass production requires the consideration of many factors. It operates in Southeast Asia, Northeast Asia, America, and Europe.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	1,972	2,004	2,293	2,884	2,304	–
Revenue growth	−1.6%	−12.6%	−20.5%	25.2%	1.0%	−2.9%
EPS (basic, normalized)	0.62	0.63	0.69	0.94	0.79	–
EPS growth	−1.4%	−8.4%	−26.7%	19.0%	–	–
Gross margin	15.2%	14.5%	14.8%	15.0%	15.5%	15.0%
Net margin	9.0%	9.0%	8.9%	9.6%	10.0%	9.3%
ROE	8.0%	8.6%	9.5%	13.3%	11.8%	10.2%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Current ratio	–
Long-term debt (mil)	–
Net debt (mil)	–
Total equity (mil)	–
Net debt / equity	–
Net debt / EBITDA	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	1,972	−1.6%	1.2x	221	−4.3%	11.1x	0.62	−1.4%	94.5x
2026	2,148	+9.0%	1.1x	247	+11.8%	9.9x	0.68	+8.4%	87.1x
2027	2,290	+6.6%	1.1x	266	+7.5%	9.2x	0.73	+7.5%	81.1x
2028	2,435	+6.3%	1.0x	282	+6.1%	8.7x	0.77	+6.1%	76.4x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	2,148	0.0%	+2.7%	+2.9%	0.68	0.0%	+1.4%	+1.7%
2027	2,290	0.0%	+4.0%	+4.5%	0.73	0.0%	+2.5%	+2.7%
2028	2,435	0.0%	+5.7%	+7.4%	0.77	0.0%	+3.3%	+4.8%

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	–	–	–	–	–	–	645	–	–
Sales mean (mil)	–	–	–	–	617	–	627	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–
EPS reported	–	–	–	–	–	–	–	–	–	–
EPS mean	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–

FQ0 is the most recent reported quarter, FQ-1 the one before, and so on.

Peer comparison Electronic Equipment & Parts

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
VEMLY Venture Corporation Limited	3.3B	–	9.0%	1.53x	87.1x	81.1x	9.9x	9.2x
CXT Crane NXT, Co.	3.5B	3.08x	8.8%	2.76x	14.0x	12.8x	10.4x	9.7x
BELFA Bel Fuse Inc.	3.3B	−1.53x	9.1%	2.93x	17.4x	15.7x	17.5x	15.3x
BELFB Bel Fuse Inc.	3.3B	−1.53x	9.1%	2.93x	21.5x	18.7x	16.3x	13.4x
OSIS OSI Systems, Inc.	3.1B	–	8.7%	4.04x	17.4x	15.5x	12.5x	11.2x
IPGP IPG Photonics Corp	3.1B	−6.12x	3.1%	1.46x	66.1x	33.4x	14.5x	11.5x
Mean		−1.53x	7.9%	2.61x	37.3x	29.5x	13.5x	11.7x
Median		−1.53x	8.9%	2.84x	19.5x	17.2x	13.5x	11.4x

Technical analysis

1M−12.8%
3M+0.4%
1Y+7.6%
3Y+59.4%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Venture Corporation Limited, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	1,972	2,004	2,293	2,884	2,304	2,281
Cost of revenue	1,671	1,713	1,954	2,452	1,946	1,909
Gross profit	300	291	339	432	357	372
Selling, general & administrative expenses	–	–	–	–	–	–
Research & development	14.8	15.2	22.5	12.5	14.3	27.3
Depreciation/amortization	26.4	24.0	23.9	24.5	27.3	31.5
Interest expense (income), operating	−0.4	−2.0	−1.7	−2.6	−3.1	−1.4
Unusual expense (income)	–	–	–	–	–	–
Other operating expenses	67.9	59.9	64.4	69.0	57.2	59.9
Operating income	191	194	230	328	262	255
Net interest income (expense)	29.8	30.5	21.0	6.7	4.9	4.3
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0	0	0	0	0	0
Net income before taxes	221	225	251	335	267	260
Provision for taxes	44.2	44.6	45.5	58.8	35.0	34.4
Minority interest	−0.5	−0.5	−0.5	−0.4	−0.2	−0.1
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	177	179	205	276	231	225
Extraordinary items	–	–	–	–	–	–
Net income	177	179	205	276	231	225
EBIT, normalized	191	192	228	326	258	255
EBITDA, normalized	217	216	252	350	286	287
Basic EPS, normalized	0.62	0.63	0.69	0.94	0.79	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Venture Corporation Limited, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	998	964	801	607	599	703
Receivables	498	518	539	713	652	559
Total inventory	541	503	624	795	778	497
Prepaid expenses	17.3	12.3	11.1	–	–	–
Other current assets	0	0	0.5	0	0	0
Total current assets	2,055	1,997	1,975	2,114	2,029	1,759
Property, plant & equipment	204	204	207	185	169	187
Goodwill	498	469	485	477	474	484
Intangibles	2.4	0.5	0.7	0.8	0.5	0.2
Long-term investments	36.0	31.2	20.0	19.6	19.3	19.5
Note receivable	–	–	–	–	–	0
Other long-term assets	7.5	8.9	6.9	2.9	2.8	2.7
Total assets	2,802	2,710	2,695	2,800	2,695	2,453
Liabilities
Accounts payable	369	325	297	398	477	301
Payable/accrued	–	–	–	–	–	–
Accrued expenses	120	125	108	110	102	109
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	6.7	8.7	6.8	8.1	6.5	7.7
Other current liabilities	121	116	117	150	86.8	64.0
Total current liabilities	616	575	528	667	673	482
Long-term debt	8.6	13.5	14.1	10.1	3.6	8.2
Minority interest	4.0	3.3	2.8	2.4	2.3	2.0
Other liabilities	1.4	1.5	1.3	1.4	2.6	2.5
Total liabilities	630	593	546	680	681	494
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	624	601	635	626	617	626
Additional paid-in capital	–	–	–	–	–	–
Retained earnings (accumulated deficit)	1,696	1,599	1,635	1,569	1,448	1,409
Treasury stock	−16.5	−16.3	−17.0	−11.6	−11.9	−12.6
Other equity	−131	−66.8	−104	−63.7	−39.8	−63.9
Total equity	2,172	2,117	2,149	2,119	2,014	1,958
Total liabilities & shareholders' equity	2,802	2,710	2,695	2,800	2,695	2,453

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Venture Corporation Limited, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	221	225	251	335	267	260
Depreciation, depletion & amortization	26.4	24.0	23.9	24.5	27.3	31.5
Deferred taxes	–	–	–	–	–	–
Non-cash items	−30.6	−28.8	−23.4	−6.4	2.4	−0.5
Changes in working capital	−21.4	134	144	−152	−221	52.5
Cash from operations	196	353	395	201	75.5	343
Investing activities
Capital expenditures	−21.8	−12.3	−36.3	−25.1	−8.4	−21.2
Other investing cash flows	35.0	20.0	19.2	6.5	6.9	6.2
Cash from investing	13.1	7.7	−17.2	−18.6	−1.5	−15.1
Financing activities
Financing cash flow items	–	–	–	–	–	–
Cash dividends paid	−179	−159	−165	−163	−161	−164
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−24.0	−23.0	−13.8	−6.4	−5.9	2.0
Cash from financing	−203	−182	−179	−169	−167	−162
Foreign exchange effects	−31.5	12.0	−14.1	−9.6	3.8	−3.6
Net change in cash	−25.8	191	185	3.5	−89.6	162
Free cash flow	174	341	359	176	67.1	322

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.