SAM Engineering & Equipment demonstrated strong prospects for future growth, driven by anticipated recoveries in the aerospace and semiconductor sectors, according to reports by Maybank Investment Bank (Maybank). The Bank adds that the company is well-positioned to benefit from the cyclical upturn in these industries, with significant gains expected from its strategic partnerships and market share expansions.

Maybank maintains its BUY rating on SAMEE, reaffirming a target price of MYR6.85, based on a 32.7x Price to Earnings Ratio (PER) for Calendar Year 2025 Earnings Per Share (CY25E EPS). The bank highlights SAMEE's promising outlook, supported by its growth in the semiconductor equipment sector and increased market share from competitors.

SAMEE's market share improvements, particularly in the deposition equipment segment, reflect its strengthening position against competitors. The company has gained substantial traction from key global clients, which should enhance its revenue prospects and support its ambitious target of MYR3 billion in revenue by Fiscal Year 2029 (FY29E).

Both Maybank and industry analysis indicate that SAMEE's strategic positioning and client base, combined with its entry into high-margin recyclable products, will drive future growth. The firm's success in capitalising on sector recoveries and expanding its market presence underscores its potential as a leading technology stock.