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MSI

Multistack InternationalASX:MSI Stock Report

Market Cap

AU$7.1m

7D

10.0%

1Y

139.1%

Updated

22 Oct, 2021

Data

Company Financials
MSI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

MSI Overview

Multistack International Limited markets and distributes industrial air conditioning equipment primarily in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Multistack International
Historical stock prices
Current Share PriceAU$0.055
52 Week HighAU$0.016
52 Week LowAU$0.15
Beta0.23
1 Month Change27.91%
3 Month Change-6.78%
1 Year Change139.13%
3 Year Change1,000.00%
5 Year Change816.67%
Change since IPO-95.77%

Recent News & Updates

Apr 13
Multistack International (ASX:MSI) Is Carrying A Fair Bit Of Debt

Multistack International (ASX:MSI) Is Carrying A Fair Bit Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

MSIAU Trade DistributorsAU Market
7D10.0%1.8%0.7%
1Y139.1%17.8%21.4%

Return vs Industry: MSI exceeded the Australian Trade Distributors industry which returned 17.8% over the past year.

Return vs Market: MSI exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is MSI's price volatile compared to industry and market?
MSI volatility
MSI Beta0.23
Industry Beta0.83
Market Beta1

Stable Share Price: MSI is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 20% a week.

Volatility Over Time: MSI's weekly volatility has decreased from 27% to 20% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a5Stephen Leunghttps://www.multistack.com.au

Multistack International Limited markets and distributes industrial air conditioning equipment primarily in Australia. The company sells and services Multistack water-cooled and air-cooled water chillers for use in commercial air-conditioning and process cooling applications. It also markets and distributes organic rankine cycle engines; oil-free turbo expanders; and distributes heat exchangers, as well as provides technical and after sales support services.

Multistack International Fundamentals Summary

How do Multistack International's earnings and revenue compare to its market cap?
MSI fundamental statistics
Market CapAU$7.10m
Earnings (TTM)-AU$486.68k
Revenue (TTM)AU$791.61k

9.0x

P/S Ratio

-14.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MSI income statement (TTM)
RevenueAU$791.61k
Cost of RevenueAU$635.42k
Gross ProfitAU$156.19k
ExpensesAU$642.88k
Earnings-AU$486.68k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0038
Gross Margin19.73%
Net Profit Margin-61.48%
Debt/Equity Ratio-4,541.1%

How did MSI perform over the long term?

See historical performance and comparison

Valuation

Is Multistack International undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Multistack International is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Multistack International has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Multistack International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.8%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Multistack International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Multistack International performed over the past 5 years?

-8.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MSI is currently unprofitable.

Growing Profit Margin: MSI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MSI is unprofitable, and losses have increased over the past 5 years at a rate of 8.4% per year.

Accelerating Growth: Unable to compare MSI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MSI is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (28.1%).


Return on Equity

High ROE: MSI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Multistack International's financial position?


Financial Position Analysis

Short Term Liabilities: MSI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MSI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: MSI has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MSI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MSI has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: MSI has sufficient cash runway for 3 years if free cash flow continues to reduce at historical rates of 52.4% each year.


Dividend

What is Multistack International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MSI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MSI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MSI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MSI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MSI's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

22.6yrs

Average board tenure


CEO

Stephen Leung (68 yo)

24.75yrs

Tenure

AU$81,482

Compensation

Mr. Kwok Yin Leung, also known as Stephen, is Co-founder of Imperium Group Global Holdings Limited. Mr. Leung has been the Chief Executive Officer of Multistack International Ltd. since 1997 and serves as...


CEO Compensation Analysis

Compensation vs Market: Stephen's total compensation ($USD61.02K) is below average for companies of similar size in the Australian market ($USD303.33K).

Compensation vs Earnings: Stephen's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: MSI's board of directors are seasoned and experienced ( 22.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15%.


Top Shareholders

Company Information

Multistack International Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Multistack International Limited
  • Ticker: MSI
  • Exchange: ASX
  • Founded: NaN
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: AU$7.103m
  • Shares outstanding: 129.15m
  • Website: https://www.multistack.com.au

Number of Employees


Location

  • Multistack International Limited
  • 17 Friars Road
  • Moorabbin
  • Victoria
  • 3189
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:05
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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 here.