View ValuationMulti Ways Holdings 将来の成長Future 基準チェック /06現在、 Multi Ways Holdingsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Trade Distributors 収益成長13.9%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • May 01Multi Ways Holdings Limited announced delayed 20-F filingOn 04/30/2026, Multi Ways Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.お知らせ • Apr 08Multi Ways Holdings Limited Expands Electric Vehicle Product Line Through C&C Partnership NegotiationsMulti Ways Holdings Limited is currently in active negotiations with C&C to expand its line of electric vehicle products, while simultaneously preparing for the imminent commercial launch of hybrid and electric construction equipment. The Company's construction equipment is deployed in support of Changi Airport Terminal 5 and the Long Island reclamation project. In connection with these projects, Multi Ways is in active discussions with cement batching plants to integrate its latest hybrid and electric construction equipment into their operations. Securing these integrations would represent a meaningful commercial validation of the Company's electrification strategy at scale. A significant market catalyst underpinning the Company's electrification strategy is Singapore's Energy Efficiency Grant (EEG), administered through the Singapore Government's GoBusiness platform. The EEG provides funding support of up to 70% of qualifying equipment acquisition costs for eligible SME businesses in the construction sector — covering equipment categories including electric crawler cranes, electric excavators, and electric wheel loaders. The Company expects to finalize the terms of its expanded EV product arrangement with C&C and to complete near-term preparations for the commercial launch of its hybrid and electric construction equipment line.New Risk • Feb 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$13.1m market cap).Reported Earnings • Dec 28First half 2025 earnings released: EPS: US$0.027 (vs US$0.002 in 1H 2024)First half 2025 results: EPS: US$0.027 (up from US$0.002 in 1H 2024). Revenue: US$26.4m (up 88% from 1H 2024). Net income: US$903.0k (up US$826.0k from 1H 2024). Profit margin: 3.4% (up from 0.5% in 1H 2024). The increase in margin was driven by higher revenue.New Risk • Dec 09New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 1.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (US$12.9m market cap).お知らせ • Oct 28Multi Ways Holdings Limited, Annual General Meeting, Nov 26, 2025Multi Ways Holdings Limited, Annual General Meeting, Nov 26, 2025, at 14:00 Singapore Standard Time. Location: 3e gul circle, 629633, SingaporeNew Risk • Sep 17New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 1.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$13.2m market cap).お知らせ • Sep 16Multi Ways Holdings Limited has completed a Follow-on Equity Offering in the amount of $1.485 million.Multi Ways Holdings Limited has completed a Follow-on Equity Offering in the amount of $1.485 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 9,000,000 Price\Range: $0.165 Discount Per Security: $0.00825 Security Name: Warrants Security Type: Equity Warrant Securities Offered: 9,000,000 Transaction Features: Registered Direct OfferingNew Risk • Sep 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 1.0% per year over the past 5 years. Market cap is less than US$10m (US$8.63m market cap). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).お知らせ • May 01Multi Ways Holdings Limited announced delayed 20-F filingOn 04/30/2025, Multi Ways Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.Reported Earnings • Apr 02First half 2024 earnings released: EPS: US$0.002 (vs US$0.17 loss in 1H 2023)First half 2024 results: EPS: US$0.002 (up from US$0.17 loss in 1H 2023). Revenue: US$14.1m (down 1.9% from 1H 2023). Net income: US$77.0k (up US$4.82m from 1H 2023). Profit margin: 0.5% (up from net loss in 1H 2023).お知らせ • Mar 30Multi Ways Holdings Limited has filed a Follow-on Equity Offering in the amount of $1.962 million.Multi Ways Holdings Limited has filed a Follow-on Equity Offering in the amount of $1.962 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 9,000,000 Price\Range: $0.218 Discount Per Security: $0.0109 Transaction Features: Registered Direct OfferingNew Risk • Feb 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). High level of non-cash earnings (31% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$11.6m market cap).New Risk • Jan 11New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). High level of non-cash earnings (31% accrual ratio). Market cap is less than US$10m (US$9.58m market cap). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (7.5% increase in shares outstanding).Reported Earnings • Jan 05First half 2024 earnings released: EPS: US$0.002 (vs US$0.15 loss in 1H 2023)First half 2024 results: EPS: US$0.002 (up from US$0.15 loss in 1H 2023). Revenue: US$14.1m (down 1.9% from 1H 2023). Net income: US$77.0k (up US$4.82m from 1H 2023). Profit margin: 0.5% (up from net loss in 1H 2023).New Risk • Jan 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 41% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (41% accrual ratio). Market cap is less than US$10m (US$9.41m market cap). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (7.5% increase in shares outstanding).Board Change • Dec 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Chief Administration Officer & Executive Director NG Lee is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.New Risk • Oct 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.76m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.3% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue has declined by 6.1% over the past year. Market cap is less than US$10m (US$9.76m market cap). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.5% increase in shares outstanding).お知らせ • Oct 03Multi Ways Holdings Limited, Annual General Meeting, Oct 30, 2024Multi Ways Holdings Limited, Annual General Meeting, Oct 30, 2024, at 14:00 Singapore Standard Time. Location: 3e gul circle, 629633, SingaporeNew Risk • Aug 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.3% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (26% average weekly change). Revenue has declined by 6.1% over the past year. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Market cap is less than US$100m (US$12.1m market cap).Board Change • Jul 30High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Chief Administration Officer & Executive Director NG Lee is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • May 01Multi Ways Holdings Limited announced delayed 20-F filingOn 04/30/2024, Multi Ways Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.New Risk • Nov 08New major risk - Revenue and earnings growthRevenue has declined by 20% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Revenue has declined by 20% over the past year. Market cap is less than US$10m (US$7.00m market cap).New Risk • Nov 01New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$7.45m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Market cap is less than US$10m (US$7.45m market cap). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin).Valuation Update With 7 Day Price Move • Apr 28Investor sentiment deteriorates as stock falls 66%After last week's 66% share price decline to US$2.01, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 13x in the Trade Distributors industry in the US.Board Change • Apr 05High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Chief Administration Officer & Executive Director NG Lee is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Multi Ways Holdings は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測NYSEAM:MWG - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202545066N/A9/30/202544-133N/A6/30/202543-201N/A3/31/202537-2-7-6N/A12/31/202431-3-14-13N/A9/30/2024332-8-7N/A6/30/2024367-2-1N/A3/31/2024364-20N/A12/31/2023362-20N/A9/30/202334-2N/AN/AN/A6/30/202333-5-8-7N/A3/31/202335-2-4-3N/A12/31/202238101N/A9/30/2022401N/AN/AN/A6/30/202241200N/A3/31/202237233N/A12/31/202133266N/A12/31/202030112N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: MWGの予測収益成長が 貯蓄率 ( 3.5% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: MWGの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: MWGの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: MWGの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: MWGの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: MWGの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 21:15終値2026/05/21 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Multi Ways Holdings Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • May 01Multi Ways Holdings Limited announced delayed 20-F filingOn 04/30/2026, Multi Ways Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.
お知らせ • Apr 08Multi Ways Holdings Limited Expands Electric Vehicle Product Line Through C&C Partnership NegotiationsMulti Ways Holdings Limited is currently in active negotiations with C&C to expand its line of electric vehicle products, while simultaneously preparing for the imminent commercial launch of hybrid and electric construction equipment. The Company's construction equipment is deployed in support of Changi Airport Terminal 5 and the Long Island reclamation project. In connection with these projects, Multi Ways is in active discussions with cement batching plants to integrate its latest hybrid and electric construction equipment into their operations. Securing these integrations would represent a meaningful commercial validation of the Company's electrification strategy at scale. A significant market catalyst underpinning the Company's electrification strategy is Singapore's Energy Efficiency Grant (EEG), administered through the Singapore Government's GoBusiness platform. The EEG provides funding support of up to 70% of qualifying equipment acquisition costs for eligible SME businesses in the construction sector — covering equipment categories including electric crawler cranes, electric excavators, and electric wheel loaders. The Company expects to finalize the terms of its expanded EV product arrangement with C&C and to complete near-term preparations for the commercial launch of its hybrid and electric construction equipment line.
New Risk • Feb 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$13.1m market cap).
Reported Earnings • Dec 28First half 2025 earnings released: EPS: US$0.027 (vs US$0.002 in 1H 2024)First half 2025 results: EPS: US$0.027 (up from US$0.002 in 1H 2024). Revenue: US$26.4m (up 88% from 1H 2024). Net income: US$903.0k (up US$826.0k from 1H 2024). Profit margin: 3.4% (up from 0.5% in 1H 2024). The increase in margin was driven by higher revenue.
New Risk • Dec 09New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 1.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (US$12.9m market cap).
お知らせ • Oct 28Multi Ways Holdings Limited, Annual General Meeting, Nov 26, 2025Multi Ways Holdings Limited, Annual General Meeting, Nov 26, 2025, at 14:00 Singapore Standard Time. Location: 3e gul circle, 629633, Singapore
New Risk • Sep 17New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 1.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$13.2m market cap).
お知らせ • Sep 16Multi Ways Holdings Limited has completed a Follow-on Equity Offering in the amount of $1.485 million.Multi Ways Holdings Limited has completed a Follow-on Equity Offering in the amount of $1.485 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 9,000,000 Price\Range: $0.165 Discount Per Security: $0.00825 Security Name: Warrants Security Type: Equity Warrant Securities Offered: 9,000,000 Transaction Features: Registered Direct Offering
New Risk • Sep 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 1.0% per year over the past 5 years. Market cap is less than US$10m (US$8.63m market cap). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
お知らせ • May 01Multi Ways Holdings Limited announced delayed 20-F filingOn 04/30/2025, Multi Ways Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.
Reported Earnings • Apr 02First half 2024 earnings released: EPS: US$0.002 (vs US$0.17 loss in 1H 2023)First half 2024 results: EPS: US$0.002 (up from US$0.17 loss in 1H 2023). Revenue: US$14.1m (down 1.9% from 1H 2023). Net income: US$77.0k (up US$4.82m from 1H 2023). Profit margin: 0.5% (up from net loss in 1H 2023).
お知らせ • Mar 30Multi Ways Holdings Limited has filed a Follow-on Equity Offering in the amount of $1.962 million.Multi Ways Holdings Limited has filed a Follow-on Equity Offering in the amount of $1.962 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 9,000,000 Price\Range: $0.218 Discount Per Security: $0.0109 Transaction Features: Registered Direct Offering
New Risk • Feb 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). High level of non-cash earnings (31% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$11.6m market cap).
New Risk • Jan 11New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). High level of non-cash earnings (31% accrual ratio). Market cap is less than US$10m (US$9.58m market cap). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (7.5% increase in shares outstanding).
Reported Earnings • Jan 05First half 2024 earnings released: EPS: US$0.002 (vs US$0.15 loss in 1H 2023)First half 2024 results: EPS: US$0.002 (up from US$0.15 loss in 1H 2023). Revenue: US$14.1m (down 1.9% from 1H 2023). Net income: US$77.0k (up US$4.82m from 1H 2023). Profit margin: 0.5% (up from net loss in 1H 2023).
New Risk • Jan 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 41% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (41% accrual ratio). Market cap is less than US$10m (US$9.41m market cap). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (7.5% increase in shares outstanding).
Board Change • Dec 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Chief Administration Officer & Executive Director NG Lee is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
New Risk • Oct 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.76m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.3% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue has declined by 6.1% over the past year. Market cap is less than US$10m (US$9.76m market cap). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.5% increase in shares outstanding).
お知らせ • Oct 03Multi Ways Holdings Limited, Annual General Meeting, Oct 30, 2024Multi Ways Holdings Limited, Annual General Meeting, Oct 30, 2024, at 14:00 Singapore Standard Time. Location: 3e gul circle, 629633, Singapore
New Risk • Aug 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.3% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (26% average weekly change). Revenue has declined by 6.1% over the past year. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Market cap is less than US$100m (US$12.1m market cap).
Board Change • Jul 30High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Chief Administration Officer & Executive Director NG Lee is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • May 01Multi Ways Holdings Limited announced delayed 20-F filingOn 04/30/2024, Multi Ways Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.
New Risk • Nov 08New major risk - Revenue and earnings growthRevenue has declined by 20% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Revenue has declined by 20% over the past year. Market cap is less than US$10m (US$7.00m market cap).
New Risk • Nov 01New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$7.45m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Market cap is less than US$10m (US$7.45m market cap). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin).
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment deteriorates as stock falls 66%After last week's 66% share price decline to US$2.01, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 13x in the Trade Distributors industry in the US.
Board Change • Apr 05High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Chief Administration Officer & Executive Director NG Lee is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.