Hana Microelectronics Public Company Limited (HNMUF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Hana Microelectronics Public Company Limited (HNMUF) trades at $0.85 with AI Score 41/100 (Grade C). Hana Microelectronics Public Company Limited (HNMUF) is a leading provider of electronic manufacturing services, specializing in integrated circuit assembly and testing. Market cap: $392.49M, Sector: Technology.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for HNMUF: HNMUF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates HNMUF against Technology peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
HNMUF: the 1 perspectives are evenly split.
How is this calculated? →Hana Microelectronics Public Company Limited (HNMUF) Technology Profile & Competitive Position
Hana Microelectronics Public Company Limited (HNMUF) excels in electronic manufacturing services, offering advanced assembly and testing solutions for integrated circuits, with a strong presence in key markets including the U.S., China, and Southeast Asia.
What Is the Investment Thesis for HNMUF?
Hana Microelectronics Public Company Limited presents a compelling investment thesis driven by its robust financial metrics and growth potential within the electronic manufacturing services sector. The company has a market capitalization of $392.49M and a P/E ratio of 106.27, reflecting investor confidence despite a profit margin of 1.5% and a gross margin of 7.3%. Key growth catalysts include the increasing demand for semiconductor assembly and testing services, driven by the proliferation of electronic devices across various industries. The company's global operations in markets such as the U.S. and China, coupled with its diverse product offerings, position it favorably to capitalize on the expected growth in the semiconductor market, projected to reach $1 trillion by 2030. However, risks associated with trading on the OTC market, such as liquidity challenges and limited information availability, necessitate careful consideration by investors. Monitoring the company's financial disclosures and industry developments will be crucial for assessing its ongoing performance and growth trajectory.
Based on FMP financials and quantitative analysis
HNMUF Key Highlights
- Market Cap of $392.49M reflects a solid position in the EMS sector.
- P/E ratio of 106.27 indicates high growth expectations among investors.
- Profit margin of 1.5% and gross margin of 7.3% highlight operational efficiency.
- Global presence in key markets such as the U.S., China, and Southeast Asia enhances market reach.
- Dividend yield of 2.74% provides a return to shareholders amidst growth initiatives.
Who Are HNMUF's Competitors?
HNMUF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| SYNH Syneos Health, Inc. | $42.98 | +0.02% | $4.46B | — |
| JCI Johnson Controls International plc | $142.59 | +1.30% | $87.00B | 53 |
| TTMI TTM Technologies, Inc. | $151.68 | -2.76% | $15.75B | 67 |
| MTSI MACOM Technology Solutions Holdings, Inc. | $332.49 | +3.18% | $25.37B | 84 |
| MDA Macdonald Dettwiler & Associate | $42.11 | +3.34% | 6B | 66 |
| WATT Energous Corporation | $19.29 | -19.93% | $28.65M | 65 |
| SELX Selecta Biosciences, Inc. | $0.34 | +580.00% | $12.78M | 64 |
| APH Amphenol Corporation | $166.89 | +1.40% | $205.31B | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are HNMUF's Key Strengths?
- Strong global presence in key electronic markets.
- Diverse product portfolio catering to various sectors.
- Established reputation for quality and reliability in manufacturing.
- Expertise in advanced assembly and testing processes.
What Are HNMUF's Weaknesses?
- Lower profit margins compared to some competitors.
- Dependence on a limited number of key customers.
- Challenges associated with trading on OTC markets, including liquidity.
- Limited brand recognition in certain international markets.
What Could Drive HNMUF Stock Higher?
- Expansion into emerging markets to capture growing electronics demand.
- Continued investment in R&D to enhance product offerings and technological capabilities.
- Strategic partnerships with technology firms for innovative solutions.
- Focus on increasing production efficiency to improve profit margins.
- Development of new products targeting the automotive and IoT sectors.
What Are the Key Risks for HNMUF?
- Market volatility affecting demand for electronic components.
- Intense competition leading to pricing pressures.
- Regulatory changes impacting operations in international markets.
- Dependence on key customers for a significant portion of revenue.
What Are the Growth Opportunities for HNMUF?
- Growth opportunity 1: The global semiconductor market is projected to reach $1 trillion by 2030, driven by increasing demand for electronic devices. Hana Microelectronics is well-positioned to capitalize on this growth through its advanced assembly and testing services for integrated circuits, which are critical in various applications across sectors such as telecommunications and automotive. With a focus on enhancing production capabilities, the company aims to capture a larger share of this expanding market within the next five years.
- Growth opportunity 2: The rise of Internet of Things (IoT) devices is expected to drive significant demand for RFID technology and micro-electromechanical systems (MEMS). Hana Microelectronics can leverage its expertise in these areas to develop innovative solutions tailored for smart devices. The IoT market is anticipated to grow to $1.1 trillion by 2026, providing Hana with an opportunity to enhance its product offerings and expand its customer base.
- Growth opportunity 3: The automotive sector is increasingly integrating advanced electronics, creating demand for high-performance electronic components. Hana Microelectronics can expand its offerings in automotive applications, particularly in electric vehicles (EVs) and autonomous driving technologies. With the global EV market expected to grow at a CAGR of 22% through 2027, Hana has the potential to establish itself as a key supplier in this lucrative segment.
- Growth opportunity 4: The shift towards cloud computing and data centers is driving demand for high-performance PCBs and ICs. Hana Microelectronics can capitalize on this trend by enhancing its capabilities in producing reliable and efficient electronic components for cloud infrastructure. The cloud services market is projected to reach $832 billion by 2025, offering substantial growth opportunities for companies like Hana that specialize in high-quality manufacturing solutions.
- Growth opportunity 5: The increasing focus on medical devices and healthcare technology presents a significant growth avenue for Hana Microelectronics. As the global medical device market is expected to grow to $612 billion by 2025, Hana can leverage its expertise in manufacturing reliable electronic components to cater to this expanding sector, particularly in areas such as diagnostics and patient monitoring.
What Opportunities Does HNMUF Have?
- Growing demand for semiconductor solutions in various industries.
- Expansion into emerging markets with increasing electronics production.
- Development of innovative products for IoT and automotive applications.
- Potential partnerships with technology firms for R&D initiatives.
What Threats Does HNMUF Face?
- Intense competition from established players in the EMS sector.
- Market volatility and economic downturns affecting demand.
- Rapid technological changes requiring continuous innovation.
- Regulatory challenges in international markets.
What Are HNMUF's Competitive Advantages?
- Established expertise in electronic manufacturing services and integrated circuit assembly.
- Global presence allows for diversified market reach and customer base.
- Strong relationships with OEMs and contract manufacturers enhance customer loyalty.
- Innovative product offerings in high-demand sectors like automotive and IoT.
- Operational efficiency and cost management contribute to competitive pricing.
What Does HNMUF Do?
Hana Microelectronics Public Company Limited, established in 1978, is headquartered in Bangkok, Thailand, and has evolved into a prominent player in the electronic manufacturing services (EMS) sector. The company specializes in a broad range of services, including chip-on-board (COB) and printed circuit board (PCB) assemblies, along with the assembly and rigorous testing of integrated circuits (ICs). Hana Microelectronics also manufactures liquid crystal on silicon (LCOS) devices, radio frequency identification (RFID) units, micro-electromechanical systems (MEMS), and high-temperature polysilicon products. The company operates globally, with facilities in key markets such as Malaysia, the United States, Singapore, China, and Taiwan, which allows it to cater to a diverse client base that includes electronic component manufacturers, original equipment manufacturers (OEMs), and various contract manufacturers. Hana's offerings are integral to a wide array of electronic applications across numerous sectors, including telecommunications, automotive, computer and cloud computing, mobile phones, medical devices, RFID technology, industrial automation, consumer electronics, and test and measurement equipment. This extensive range of products and services positions Hana Microelectronics as a competitive force in the EMS industry, leveraging its technological expertise and global reach to meet the demands of an ever-evolving marketplace.
What Products and Services Does HNMUF Offer?
- Provide electronic manufacturing services (EMS) for various electronic components.
- Specialize in assembly and testing of integrated circuits (ICs).
- Manufacture chip-on-board (COB) and printed circuit board (PCB) assemblies.
- Produce liquid crystal on silicon (LCOS) devices and RFID units.
- Develop micro-electromechanical systems (MEMS) for various applications.
- Engage in trading of electronic components and offer customer support services.
How Does HNMUF Make Money?
- Generate revenue through the provision of electronic manufacturing services (EMS).
- Earn income from the assembly and testing of integrated circuits (ICs).
- Sell manufactured electronic components, including PCBs and RFID units.
- Offer dedicated customer support and agent services to enhance client relationships.
- Capitalize on global operations to serve diverse markets and customer segments.
What Industry Does HNMUF Operate In?
Hana Microelectronics operates within the rapidly evolving electronic manufacturing services industry, which is experiencing significant growth driven by the increasing demand for electronic devices and components. The global EMS market is projected to grow at a CAGR of 6% from 2022 to 2030, reaching approximately $1 trillion. Hana's focus on high-value products such as integrated circuit assembly and testing positions it favorably against competitors, as the demand for advanced semiconductor solutions continues to rise. The competitive landscape includes established players in the EMS sector, necessitating continuous innovation and efficiency to maintain market share.
Who Are HNMUF's Key Customers?
- Electronic component manufacturers seeking assembly and testing services.
- Original equipment manufacturers (OEMs) requiring high-quality electronic components.
- Contract manufacturers looking for reliable partners in electronic manufacturing.
- Companies in telecommunications, automotive, and medical sectors needing specialized solutions.
- Clients in consumer electronics and industrial automation sectors.
FY2026 estForward Outlook
Wall Street analysts project Hana Microelectronics Public Company Limited revenue of about $21.57B for fiscal 2026, with EPS near $0.00. The estimate reflects 14 contributing analysts.
F-Score 5/9Financial Health
Hana Microelectronics Public Company Limited's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 4.37 places it in the safe zone, indicating low near-term bankruptcy risk.
ROE 1%Key Financial Metrics
Return on equity for Hana Microelectronics Public Company Limited stands at 1.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.9%, showing how much profit it generates from its asset base. HNMUF trades at a trailing price-to-earnings ratio of 113.75, above the Technology sector average of ~38x. Its free cash flow yield is 7.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 6.03 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 0.9%, the inverse of the P/E and a quick read on earnings relative to price.
Hana Microelectronics Public Company Limited (HNMUF) Valuation Context
Valued at $392.49M, HNMUF is classified as a small-cap stock. Relative to its peer group, HNMUF's quantitative score of 41/100 is below the peer average of 68/100.
Company Profile
Hana Microelectronics Public Company Limited operates in the Hardware, Equipment & Parts industry within the Technology sector. It is headquartered in Bangkok, TH. The company is led by CEO Richard David Han. HNMUF has traded publicly since 2021.
HNMUF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strong global presence in key electronic markets.
- Diverse product portfolio catering to various sectors.
- Established reputation for quality and reliability in manufacturing.
- Expertise in advanced assembly and testing processes.
Bear Case
- Lower profit margins compared to some competitors.
- Dependence on a limited number of key customers.
- Challenges associated with trading on OTC markets, including liquidity.
- Limited brand recognition in certain international markets.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
HNMUF Latest News
No recent news available for HNMUF.
HNMUF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for HNMUF.
Price Targets
Wall Street price target analysis for HNMUF.
HNMUF MoonshotScore
What does this score mean?
The MoonshotScore rates HNMUF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry Hardware, Equipment & PartsLeadership: Richard David Han
CEO
Richard David Han has been at the helm of Hana Microelectronics Public Company Limited, guiding the company through significant growth and expansion since his appointment. He holds a degree in Electrical Engineering and has extensive experience in the technology and manufacturing sectors, having previously held leadership roles in various electronics companies. His strategic vision and operational expertise have been pivotal in enhancing Hana's market position and product offerings.
Track Record: Under Richard's leadership, Hana Microelectronics has expanded its global footprint, increased production capabilities, and diversified its product range. His focus on quality and innovation has led to improved operational efficiencies and stronger customer relationships, positioning the company for sustained growth in the competitive EMS landscape.
HNMUF OTC Market Information
The OTC Other tier is designed for companies that do not meet the higher listing standards of major exchanges like NYSE or NASDAQ. This tier includes companies with less stringent reporting requirements, which can lead to lower visibility and liquidity in the market. Investors may find it challenging to obtain timely information and may face wider bid-ask spreads.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited information availability can hinder informed investment decisions.
- Liquidity challenges may lead to difficulties in buying or selling shares.
- Potential volatility due to lower trading volumes compared to major exchanges.
- Regulatory scrutiny can impact operations and market perception.
- Review recent financial statements and operational updates.
- Assess the company's competitive position within the EMS sector.
- Evaluate management's track record and strategic vision.
- Monitor industry trends and market demand for electronic components.
- Verify the company's compliance with regulatory requirements.
- Established history since 1978 with a solid reputation in the industry.
- Global operations and partnerships with reputable clients.
- Consistent product quality and innovation recognized by industry standards.
HNMUF Technology Stock FAQ
What does Hana Microelectronics Public Company Limited do?
Hana Microelectronics Public Company Limited specializes in electronic manufacturing services, focusing on the assembly and testing of integrated circuits, chip-on-board, and printed circuit board assemblies. The company also manufactures advanced electronic components such as liquid crystal on silicon devices, RFID units, and micro-electromechanical systems. With a global presence, Hana serves diverse industries including telecommunications, automotive, and consumer electronics.
What do analysts say about HNMUF stock?
Analysts generally view HNMUF as a company with strong growth potential in the electronic manufacturing services sector. The company's focus on high-demand products and its global operational footprint are seen as key strengths. However, the high P/E ratio of 106.27 indicates that investors have high expectations for future earnings growth, which will need to be met to maintain investor confidence.
What are the main risks for HNMUF?
Hana Microelectronics faces several risks, including market volatility that could impact demand for its electronic components. The company also contends with intense competition in the EMS sector, which may lead to pricing pressures and reduced profit margins. Additionally, its dependence on a limited number of key customers poses a risk to revenue stability, while regulatory changes in international markets could affect operations and compliance.
What are the key factors to evaluate for HNMUF?
Hana Microelectronics Public Company Limited (HNMUF) holds an AI score of 41/100 (low). Not financial advice.
How frequently does HNMUF data refresh on this page?
HNMUF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven HNMUF's recent stock price performance?
Hana Microelectronics Public Company Limited (HNMUF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong global presence in key electronic markets. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider HNMUF overvalued or undervalued right now?
Valuing Hana Microelectronics Public Company Limited (HNMUF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying HNMUF?
Before investing in Hana Microelectronics Public Company Limited (HNMUF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited financial disclosures may impact transparency and investor confidence.