Added to YB: 2026-09-14
Pitch date: 2026-08-27
A31.SI [neutral]
Addvalue Technologies Ltd
Author Info
Whiteout Capital is a software engineer and private investor publishing independent research focused on global microcaps. Sign up for the newsletter.
Company Info
Addvalue Technologies Ltd, an investment holding company, provides satellite-based communication and digital broadband products and solutions in Europe, the Middle East, and Africa, the United States, and the Asia Pacific.
Market Cap
SGD 553.5M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
124.41
P/E
105.52
EV/Sales
21.95
Sector
Communications Equipment
Category
growth
Traverse #1 - Starting Singapore Exchange: #'s-C - Addvalue Technologies Ltd
A31.SI (quick overview): Addvalue Technologies’ main product gives low-earth-orbit satellites continuous real-time connectivity through Inmarsat’s geostationary satellites and appears to occupy a genuine niche with a likely decent moat for now. The space boom has led to order growth—$15.2M YTD 2026 versus $4.2M in 1H25—with a $23.4M order book and profitability on both earnings and free cash flow. However, after a 10x-plus rise, valuation is 17x sales and 80x earnings, while obsolescence and reliance on Inmarsat are key risks.
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