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Michael Hill International LimitedASX:MHJ Stock Report

Market Cap AU$128.9m
Share Price
AU$0.34
n/a
1Y-44.6%
7D-1.5%
Portfolio Value
​
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Michael Hill International Limited

ASX:MHJ Stock Report

Market Cap: AU$128.9m

Michael Hill International (MHJ) Stock Overview

Operates in the retail sale of jewellery and related services sector in Australia, New Zealand, and Canada. More details

MHJ fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance1/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 16% below our estimate of its fair value

Earnings are forecast to grow 32.62% per year

Became profitable this year

Risk Analysis

Large one-off items impacting financial results

Does not have a meaningful market cap (A$129M)


MHJ Community Fair Values

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See what 17 others think this stock is worth. Follow their fair value or set your own to get alerts.

MHJ logo
Michael Hill International

Digital Transformation And A Growing Middle Class Will Drive Expansion

Key Takeaways Strong digital and omnichannel investments, combined with operational efficiencies, are likely to drive above-market revenue growth and improve margins over the coming years. Focus on premium products and expanding Canadian market presence positions the company for accelerated sales, especially as luxury becomes more accessible to broader demographics.
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AU$0.75
FV
55.3% undervalued intrinsic discount
3.12%
Revenue growth p.a.
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Michael Hill International

Rising Retail Costs Will Strain Margins Yet Reveal Hidden Value

Key Takeaways Omnichannel investments and product innovation drive personalization and sustainability, but face margin pressures from inflation, higher costs, and growing price competition. Stable sales from productivity gains and fulfillment upgrades are offset by risks tied to declining discretionary spend, regulatory costs, and reliance on physical stores over digital channels.
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AU$0.5
FV
33.0% undervalued intrinsic discount
2.78%
Revenue growth p.a.
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0users have commented on this narrative
0users have followed this narrative
MHJ logo
Michael Hill International

Omnichannel And Digital Sales Will Unlock Future Potential

Key Takeaways Expansion of digital capabilities and exclusive product offerings strengthens sales growth, operating leverage, and brand differentiation amid shifting consumer preferences. Store optimization and operational efficiencies improve cost control, margin expansion, and long-term earnings potential as retail evolves.
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AU$0.63
FV
46.4% undervalued intrinsic discount
2.82%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
13users have followed this narrative
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Michael Hill International Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Michael Hill International
Historical stock prices
Current Share PriceAU$0.34
52 Week HighAU$0.60
52 Week LowAU$0.32
Beta-0.12
1 Month Change3.08%
3 Month Change-6.94%
1 Year Change-44.63%
3 Year Change-68.98%
5 Year Change-44.17%
Change since IPO-73.20%

Recent News & Updates

These 4 Measures Indicate That Michael Hill International (ASX:MHJ) Is Using Debt Extensively

Oct 08
These 4 Measures Indicate That Michael Hill International (ASX:MHJ) Is Using Debt Extensively

Michael Hill International's (ASX:MHJ) Earnings Offer More Than Meets The Eye

Sep 03
Michael Hill International's (ASX:MHJ) Earnings Offer More Than Meets The Eye

Recent updates

These 4 Measures Indicate That Michael Hill International (ASX:MHJ) Is Using Debt Extensively

Oct 08
These 4 Measures Indicate That Michael Hill International (ASX:MHJ) Is Using Debt Extensively

Michael Hill International's (ASX:MHJ) Earnings Offer More Than Meets The Eye

Sep 03
Michael Hill International's (ASX:MHJ) Earnings Offer More Than Meets The Eye
User avatar

Gifting And Digital Channels Will Revitalize Retail

Focus on high-margin products and omni-channel strategies is anticipated to increase transaction volumes and drive future revenue growth.

Michael Hill International Limited (ASX:MHJ) Soars 32% But It's A Story Of Risk Vs Reward

Jul 23
Michael Hill International Limited (ASX:MHJ) Soars 32% But It's A Story Of Risk Vs Reward

Is Now The Time To Look At Buying Michael Hill International Limited (ASX:MHJ)?

Jul 17
Is Now The Time To Look At Buying Michael Hill International Limited (ASX:MHJ)?

Michael Hill International Limited's (ASX:MHJ) CEO Compensation Is Looking A Bit Stretched At The Moment

Nov 07
Michael Hill International Limited's (ASX:MHJ) CEO Compensation Is Looking A Bit Stretched At The Moment

Michael Hill International (ASX:MHJ) Is Reducing Its Dividend To A$0.035

Aug 28
Michael Hill International (ASX:MHJ) Is Reducing Its Dividend To A$0.035

Is Michael Hill International Limited (ASX:MHJ) Potentially Undervalued?

Mar 20
Is Michael Hill International Limited (ASX:MHJ) Potentially Undervalued?

Michael Hill International (ASX:MHJ) Is Increasing Its Dividend To AU$0.035

Feb 24
Michael Hill International (ASX:MHJ) Is Increasing Its Dividend To AU$0.035

Returns At Michael Hill International (ASX:MHJ) Appear To Be Weighed Down

Dec 29
Returns At Michael Hill International (ASX:MHJ) Appear To Be Weighed Down

If You Like EPS Growth Then Check Out Michael Hill International (ASX:MHJ) Before It's Too Late

Oct 16
If You Like EPS Growth Then Check Out Michael Hill International (ASX:MHJ) Before It's Too Late

At AU$0.81, Is It Time To Put Michael Hill International Limited (ASX:MHJ) On Your Watch List?

May 04
At AU$0.81, Is It Time To Put Michael Hill International Limited (ASX:MHJ) On Your Watch List?

Michael Hill International (ASX:MHJ) Could Be Struggling To Allocate Capital

Apr 11
Michael Hill International (ASX:MHJ) Could Be Struggling To Allocate Capital

Four Days Left To Buy Michael Hill International Limited (ASX:MHJ) Before The Ex-Dividend Date

Mar 06
Four Days Left To Buy Michael Hill International Limited (ASX:MHJ) Before The Ex-Dividend Date

If You Had Bought Michael Hill International's (ASX:MHJ) Shares Three Years Ago You Would Be Down 36%

Feb 28
If You Had Bought Michael Hill International's (ASX:MHJ) Shares Three Years Ago You Would Be Down 36%

How Many Michael Hill International Limited (ASX:MHJ) Shares Did Insiders Buy, In The Last Year?

Feb 05
How Many Michael Hill International Limited (ASX:MHJ) Shares Did Insiders Buy, In The Last Year?

We Think Michael Hill International's (ASX:MHJ) Statutory Profit Might Understate Its Earnings Potential

Jan 15
We Think Michael Hill International's (ASX:MHJ) Statutory Profit Might Understate Its Earnings Potential

Should You Be Impressed By Michael Hill International's (ASX:MHJ) Returns on Capital?

Dec 25
Should You Be Impressed By Michael Hill International's (ASX:MHJ) Returns on Capital?

When Should You Buy Michael Hill International Limited (ASX:MHJ)?

Dec 07
When Should You Buy Michael Hill International Limited (ASX:MHJ)?

If You Had Bought Michael Hill International's (ASX:MHJ) Shares Three Years Ago You Would Be Down 55%

Nov 22
If You Had Bought Michael Hill International's (ASX:MHJ) Shares Three Years Ago You Would Be Down 55%

Trade Alert: The Non-Executive Independent Director Of Michael Hill International Limited (ASX:MHJ), Robert Fyfe, Has Just Spent AU$245k Buying 45% More Shares

Sep 01
Trade Alert: The Non-Executive Independent Director Of Michael Hill International Limited (ASX:MHJ), Robert Fyfe, Has Just Spent AU$245k Buying 45% More Shares

Shareholder Returns

MHJAU Specialty RetailAU Market
7D-1.5%-8.3%-0.3%
1Y-44.6%0.6%3.1%

Return vs Industry: MHJ underperformed the Australian Specialty Retail industry which returned 0.6% over the past year.

Return vs Market: MHJ underperformed the Australian Market which returned 3.1% over the past year.

Price Volatility

Is MHJ's price volatile compared to industry and market?
MHJ volatility
MHJ Average Weekly Movement6.0%
Specialty Retail Industry Average Movement6.0%
Market Average Movement9.4%
10% most volatile stocks in AU Market18.5%
10% least volatile stocks in AU Market3.3%

Stable Share Price: MHJ has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: MHJ's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1979n/aJonathan Waeckerwww.michaelhill.com.au

Michael Hill International Limited operates in the retail sale of jewellery and related services sector in Australia, New Zealand, and Canada. It offers rings, earrings, charms, bracelets and bangles, necklaces and pendants, chains, watches, gemstones, anklets, and gifts, as well as birthstones. The company also provides professional care plans and diamond warranty services; and financial solutions.

Michael Hill International Limited Fundamentals Summary

How do Michael Hill International's earnings and revenue compare to its market cap?
MHJ fundamental statistics
Market capAU$128.92m
Earnings (TTM)AU$2.10m
Revenue (TTM)AU$645.31m
61.4x
P/E Ratio
0.2x
P/S Ratio

Is MHJ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MHJ income statement (TTM)
RevenueAU$645.31m
Cost of RevenueAU$254.22m
Gross ProfitAU$391.10m
Other ExpensesAU$389.00m
EarningsAU$2.10m

Last Reported Earnings

Jun 29, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.0055
Gross Margin60.61%
Net Profit Margin0.33%
Debt/Equity Ratio30.5%

How did MHJ perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/12 23:11
End of Day Share Price 2025/12/12 00:00
Earnings2025/06/29
Annual Earnings2025/06/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Michael Hill International Limited is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Guy Edward HooperForsyth Barr Group Ltd.
Guy Edward HooperJarden Limited
Warren DoakMacquarie Research