Amid the dearth of mega IPOs and a slew of delisting in SGX mainboard, Nanofilm Technologies’ explosive debut on 30 October 2020 certainly created a mighty buzz among Singapore investment community. In my memory, the last home-grown company that had debut with such fanfare was NetLink NBN Trust in 2017. Question now: is Nanofilm (MZH) share price overvalued? Indeed, Nanofilm (MZH) share price made a strong start with an opening price of $2.77 and an intra-day high of $3.02. With solid support from a stellar group of institutional investors like Temasek Holdings, AIA, Credit Suisse, investing in this company seems like a no-brainer. Or is it so? Admittedly, I had been keen to invest in this stock but a review of its financial performances made me think that Nanofilm (MZH) share price could be grossly overvalued. Before examining the valuation of Nanofilm (MZH) share price in details,...