Millennium Services Group Limited provides cleaning and security services in Australia and New Zealand.
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Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.65|
|52 Week High||AU$0.35|
|52 Week Low||AU$0.77|
|1 Month Change||12.07%|
|3 Month Change||16.07%|
|1 Year Change||54.76%|
|3 Year Change||22.64%|
|5 Year Change||-57.38%|
|Change since IPO||-71.11%|
Recent News & Updates
Estimating The Fair Value Of Millennium Services Group Limited (ASX:MIL)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Millennium Services...
What Does Millennium Services Group Limited's (ASX:MIL) Share Price Indicate?
While Millennium Services Group Limited ( ASX:MIL ) might not be the most widely known stock at the moment, it received...
|MIL||AU Commercial Services||AU Market|
Return vs Industry: MIL exceeded the Australian Commercial Services industry which returned 15% over the past year.
Return vs Market: MIL exceeded the Australian Market which returned 24.4% over the past year.
Stable Share Price: MIL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: MIL's weekly volatility (9%) has been stable over the past year.
About the Company
Millennium Services Group Limited provides cleaning and security services in Australia and New Zealand. The company offers cleaning, security, maintenance, and property services. It serves retail shopping centers, commercial properties, government buildings, and education facilities, as well as COVID-19 testing centers.
Millennium Services Group Fundamentals Summary
|MIL fundamental statistics|
Is MIL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MIL income statement (TTM)|
|Cost of Revenue||AU$40.05m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.36|
|Net Profit Margin||6.34%|
How did MIL perform over the long term?See historical performance and comparison
Is Millennium Services Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MIL (A$0.65) is trading below our estimate of fair value (A$1.98)
Significantly Below Fair Value: MIL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MIL is good value based on its PE Ratio (1.8x) compared to the Australian Commercial Services industry average (20.6x).
PE vs Market: MIL is good value based on its PE Ratio (1.8x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: MIL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MIL has negative assets, so we can't compare its PB Ratio to the AU Commercial Services industry average.
How is Millennium Services Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MIL's earnings are forecast to decline over the next 3 years (-37.9% per year).
Earnings vs Market: MIL's earnings are forecast to decline over the next 3 years (-37.9% per year).
High Growth Earnings: MIL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MIL's revenue (2.1% per year) is forecast to grow slower than the Australian market (5.3% per year).
High Growth Revenue: MIL's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MIL's Return on Equity is forecast to be high in 3 years time
How has Millennium Services Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MIL has a large one-off gain of A$24.7M impacting its June 30 2021 financial results.
Growing Profit Margin: MIL's current net profit margins (6.3%) are lower than last year (6.4%).
Past Earnings Growth Analysis
Earnings Trend: MIL has become profitable over the past 5 years, growing earnings by 25.8% per year.
Accelerating Growth: MIL's earnings growth over the past year (4.6%) is below its 5-year average (25.8% per year).
Earnings vs Industry: MIL earnings growth over the past year (4.6%) underperformed the Commercial Services industry 7.9%.
Return on Equity
High ROE: MIL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Millennium Services Group's financial position?
Financial Position Analysis
Short Term Liabilities: MIL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MIL 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: MIL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MIL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MIL's debt is well covered by operating cash flow (631.5%).
Interest Coverage: Insufficient data to determine if MIL's interest payments on its debt are well covered by EBIT.
What is Millennium Services Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MIL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MIL'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 MIL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MIL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MIL is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MIL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott Alomes (62 yo)
Mr. Scott Alomes had been Chief Operating Officer at Millennium Services Group Limited since May 2021 until June 7, 2021 and serves as its Chief Executive Officer since June 7, 2021. Mr. Alomes served as C...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD176.26K) is below average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: Insufficient data to compare Scott's compensation with company performance.
Experienced Management: MIL's management team is considered experienced (3 years average tenure).
Experienced Board: MIL's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.4%.
Millennium Services Group Limited's employee growth, exchange listings and data sources
- Name: Millennium Services Group Limited
- Ticker: MIL
- Exchange: ASX
- Founded: 2003
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: AU$31.478m
- Shares outstanding: 48.43m
- Website: https://www.millenniumsg.com
- Millennium Services Group Limited
- 205-211 Forster Road
- Level 1
- Mount Waverley
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:02|
|End of Day Share Price||2021/10/25 00:00|
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.