| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
MHI Stock Overview
Merchant House International Limited designs, manufactures, and markets home textiles, seasonal and decorative products, and leather shoes.
Merchant House International Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.062 |
| 52 Week High | AU$0.13 |
| 52 Week Low | AU$0.05 |
| Beta | 0.076 |
| 1 Month Change | 14.82% |
| 3 Month Change | -36.74% |
| 1 Year Change | -19.48% |
| 3 Year Change | -31.11% |
| 5 Year Change | -66.49% |
| Change since IPO | -65.56% |
Recent News & Updates
Shareholder Returns
| MHI | AU Luxury | AU Market | |
|---|---|---|---|
| 7D | 0% | 2.4% | 0.3% |
| 1Y | -19.5% | -22.2% | -12.2% |
Return vs Industry: MHI exceeded the Australian Luxury industry which returned -22.2% over the past year.
Return vs Market: MHI underperformed the Australian Market which returned -12.2% over the past year.
Price Volatility
| MHI volatility | |
|---|---|
| MHI Average Weekly Movement | n/a |
| Luxury Industry Average Movement | 6.2% |
| Market Average Movement | 9.6% |
| 10% most volatile stocks in AU Market | 16.2% |
| 10% least volatile stocks in AU Market | 4.2% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 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 | |
|---|---|
| Market Cap | AU$5.84m |
| Earnings (TTM) | -AU$8.48m |
| Revenue (TTM) | AU$22.91m |
0.3x
P/S Ratio-0.7x
P/E RatioIs MHI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MHI income statement (TTM) | |
|---|---|
| Revenue | AU$22.91m |
| Cost of Revenue | AU$24.67m |
| Gross Profit | -AU$1.76m |
| Other Expenses | AU$6.72m |
| Earnings | -AU$8.48m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.09 |
| Gross Margin | -7.70% |
| Net Profit Margin | -37.04% |
| Debt/Equity Ratio | 6.2% |
How did MHI perform over the long term?
See historical performance and comparisonValuation
Is MHI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MHI?
Other financial metrics that can be useful for relative valuation.
| What is MHI's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$5.84m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does MHI's PS Ratio compare to its peers?
| MHI PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 2.3x | ||
CYQ Cycliq Group | 0.6x | n/a | AU$3.5m |
ATP Atlas Pearls | 0.6x | n/a | AU$14.4m |
GLE GLG | 0.08x | n/a | AU$22.2m |
AUA Audeara | 7.7x | 50.8% | AU$12.1m |
MHI Merchant House International | 0.3x | n/a | AU$5.8m |
Price-To-Sales vs Peers: MHI is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (2.3x).
Price to Earnings Ratio vs Industry
How does MHI's PE Ratio compare vs other companies in the Global Luxury Industry?
Price-To-Sales vs Industry: MHI is good value based on its Price-To-Sales Ratio (0.3x) compared to the Global Luxury industry average (0.7x)
Price to Sales Ratio vs Fair Ratio
What is MHI's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.3x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate MHI's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of MHI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate MHI's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate MHI's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MHI's PEG Ratio to determine if it is good value.
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Future Growth
How is Merchant House International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
14.4%
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.
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- Examine Merchant House International's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Merchant House International competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Merchant House International performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-54.7%
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 54.7% 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 (61.7%).
Return on Equity
High ROE: MHI has a negative Return on Equity (-21.7%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Merchant House International's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: MHI's short term assets (A$18.5M) exceed its short term liabilities (A$7.2M).
Long Term Liabilities: MHI's short term assets (A$18.5M) exceed its long term liabilities (A$151.0K).
Debt to Equity History and Analysis
Debt Level: MHI has more cash than its total debt.
Reducing Debt: MHI's debt to equity ratio has increased from 2.3% to 6.2% over the past 5 years.
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: MHI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MHI has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 37% each year.
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Dividend
What is Merchant House International current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
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.
Earnings Payout to Shareholders
Earnings Coverage: MHI is not paying a notable dividend for the Australian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as MHI has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
27.9yrs
Average board tenure
CEO
Loretta Bic Lee
27.92yrs
Tenure
AU$439,136
Compensation
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...
Board Members
Experienced Board: MHI's board of directors are seasoned and experienced ( 27.9 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Merchant House International Limited's employee growth, exchange listings and data sources
Key Information
- Name: Merchant House International Limited
- Ticker: MHI
- Exchange: ASX
- Founded: 1978
- Industry: Footwear
- Sector: Consumer Durables
- Implied Market Cap: AU$5.845m
- Shares outstanding: 94.27m
- Website: https://www.lorettalee.com.hk
Location
- Merchant House International Limited
- E-Trade Plaza
- 16th Floor
- Chai Wan
- Hong Kong
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/24 00:00 |
| End of Day Share Price | 2022/06/17 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.