Merchant House International Limited designs, manufactures, and markets home textiles, seasonal and decorative products, and leather shoes.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.10|
|52 Week High||AU$0.04|
|52 Week Low||AU$0.17|
|1 Month Change||-19.23%|
|3 Month Change||101.92%|
|1 Year Change||n/a|
|3 Year Change||-32.26%|
|5 Year Change||-38.24%|
|Change since IPO||-41.67%|
Recent News & Updates
We Think You Should Be Aware Of Some Concerning Factors In Merchant House International's (ASX:MHI) Earnings
Following the solid earnings report from Merchant House International Limited ( ASX:MHI ), the market responded by...
Merchant House International (ASX:MHI) Could Become A Multi-Bagger
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Does Merchant House International (ASX:MHI) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is Merchant House International (ASX:MHI) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|MHI||AU Luxury||AU Market|
Return vs Industry: Insufficient data to determine how MHI performed against the Australian Luxury industry.
Return vs Market: Insufficient data to determine how MHI performed against the Australian Market.
Stable Share Price: Insufficient data to determine MHI's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine MHI's volatility change over the past year.
About the Company
|1978||n/a||Loretta Bic Lee||https://www.lorettalee.com.hk|
Merchant House International Limited designs, manufactures, and markets home textiles, seasonal and decorative products, and leather shoes. It operates through Home Textile, Footwear Trading, and Footwear Manufacturing segments. The company offers kitchen items, tabletops, decorative pillows, seasonal decorations, and kitchen rugs; and footwear products, such as work, safety toe, security, motorcycle, hunting, farm and ranch, and western boots, as well as loggers and waterproof footwear for men.
Merchant House International Fundamentals Summary
|MHI fundamental statistics|
Is MHI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MHI income statement (TTM)|
|Cost of Revenue||AU$21.09m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.084|
|Net Profit Margin||-42.52%|
How did MHI perform over the long term?See historical performance and comparison
Is Merchant House International undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MHI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MHI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MHI is unprofitable, so we can't compare its PE Ratio to the Global Luxury industry average.
PE vs Market: MHI is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MHI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MHI is good value based on its PB Ratio (0.4x) compared to the XX Luxury industry average (1.2x).
How is Merchant House International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables 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 Merchant House 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.
How has Merchant House International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MHI is currently unprofitable.
Growing Profit Margin: MHI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MHI is unprofitable, and losses have increased over the past 5 years at a rate of 77.1% per year.
Accelerating Growth: Unable to compare MHI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MHI is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (49.9%).
Return on Equity
High ROE: MHI has a negative Return on Equity (-30.13%), as it is currently unprofitable.
How is Merchant House International's financial position?
Financial Position Analysis
Short Term Liabilities: MHI's short term assets (A$14.7M) do not cover its short term liabilities (A$18.7M).
Long Term Liabilities: MHI's short term assets (A$14.7M) exceed its long term liabilities (A$107.0K).
Debt to Equity History and Analysis
Debt Level: MHI's debt to equity ratio (22.5%) is considered satisfactory.
Reducing Debt: MHI's debt to equity ratio has increased from 2.4% to 22.5% over the past 5 years.
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: MHI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MHI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.8% each year
What is Merchant House International current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MHI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MHI'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 MHI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MHI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MHI is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MHI'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 board tenure
Loretta Bic Lee
Ms. Loretta Bic Hing Lee serves as Executive Chairperson of Merchant House International Ltd. She Founded Merchant House International Ltd. and served its Managing Director since 1994.She started her care...
Experienced Board: MHI's board of directors are seasoned and experienced ( 24.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Merchant House International Limited's employee growth, exchange listings and data sources
- Name: Merchant House International Limited
- Ticker: MHI
- Exchange: ASX
- Founded: 1978
- Industry: Footwear
- Sector: Consumer Durables
- Market Cap: AU$9.898m
- Shares outstanding: 94.27m
- Website: https://www.lorettalee.com.hk
- Merchant House International Limited
- E-Trade Plaza
- 16th Floor
- Chai Wan
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:02|
|End of Day Share Price||2021/10/22 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.