Nanofilm touts ‘deep tech’ edge to hit S$500m revenue target despite volatility

NANOFILM Technologies’ CEO Gary Ho wants investors to value the company not as a manufacturer of coatings for laptops and tablets, but as a deep-tech player that serves emerging industries such as electric vehicles (EVs) and hydrogen power.

His call comes as Nanofilm has been hit by supply chain constraints and pandemic disruptions in China. The share price of the company – which specialises in nanotech coatings, industrial equipment and nanofabrication – has fallen 49.5 per cent over the past year.

The stock closed Feb 23 at S$1.45, or 21.8 times earnings.