Michael Hill International Limited owns and operates jewelry stores and provides related services.
Michael Hill International Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.02|
|52 Week High||AU$0.48|
|52 Week Low||AU$1.03|
|1 Month Change||20.83%|
|3 Month Change||16.00%|
|1 Year Change||99.02%|
|3 Year Change||52.63%|
|5 Year Change||-35.35%|
|Change since IPO||-18.80%|
Recent News & Updates
If You Like EPS Growth Then Check Out Michael Hill International (ASX:MHJ) Before It's Too Late
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
At AU$0.81, Is It Time To Put Michael Hill International Limited (ASX:MHJ) On Your Watch List?
While Michael Hill International Limited ( ASX:MHJ ) might not be the most widely known stock at the moment, it...
Michael Hill International (ASX:MHJ) Could Be Struggling To Allocate Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
|MHJ||AU Specialty Retail||AU Market|
Return vs Industry: MHJ exceeded the Australian Specialty Retail industry which returned 25.1% over the past year.
Return vs Market: MHJ exceeded the Australian Market which returned 21.1% over the past year.
Stable Share Price: MHJ is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MHJ's weekly volatility (5%) has been stable over the past year.
About the Company
Michael Hill International Limited owns and operates jewelry stores and provides related services. The company’s store offers rings, earrings, bracelets and bangles, necklaces and pendants, chains, watches, collections, and gifts, as well as birthstones. It also provides care plans and diamond warranty services.
Michael Hill International Fundamentals Summary
|MHJ fundamental statistics|
Is MHJ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MHJ income statement (TTM)|
|Cost of Revenue||AU$207.57m|
Last Reported Earnings
Jun 27, 2021
Next Earnings Date
|Earnings per share (EPS)||0.12|
|Net Profit Margin||8.15%|
How did MHJ perform over the long term?See historical performance and comparison
5.9%Current Dividend Yield
Is Michael Hill International 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: MHJ (A$1.02) is trading below our estimate of fair value (A$14.09)
Significantly Below Fair Value: MHJ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MHJ is good value based on its PE Ratio (8.7x) compared to the Australian Specialty Retail industry average (11.3x).
PE vs Market: MHJ is good value based on its PE Ratio (8.7x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: MHJ's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MHJ is good value based on its PB Ratio (2x) compared to the AU Specialty Retail industry average (4x).
How is Michael Hill International forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MHJ's earnings are forecast to decline over the next 3 years (-4.4% per year).
Earnings vs Market: MHJ's earnings are forecast to decline over the next 3 years (-4.4% per year).
High Growth Earnings: MHJ's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MHJ's revenue (3.2% per year) is forecast to grow slower than the Australian market (5.4% per year).
High Growth Revenue: MHJ's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MHJ's Return on Equity is forecast to be low in 3 years time (17.8%).
How has Michael Hill International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MHJ has a large one-off gain of A$11.7M impacting its June 27 2021 financial results.
Growing Profit Margin: MHJ's current net profit margins (8.1%) are higher than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: MHJ's earnings have declined by 6.8% per year over the past 5 years.
Accelerating Growth: MHJ's earnings growth over the past year (1338.5%) exceeds its 5-year average (-6.8% per year).
Earnings vs Industry: MHJ earnings growth over the past year (1338.5%) exceeded the Specialty Retail industry 91.8%.
Return on Equity
High ROE: MHJ's Return on Equity (23.4%) is considered high.
How is Michael Hill International's financial position?
Financial Position Analysis
Short Term Liabilities: MHJ's short term assets (A$271.1M) exceed its short term liabilities (A$151.5M).
Long Term Liabilities: MHJ's short term assets (A$271.1M) exceed its long term liabilities (A$163.2M).
Debt to Equity History and Analysis
Debt Level: MHJ is debt free.
Reducing Debt: MHJ has no debt compared to 5 years ago when its debt to equity ratio was 22.6%.
Debt Coverage: MHJ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MHJ has no debt, therefore coverage of interest payments is not a concern.
What is Michael Hill International current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MHJ's dividend (5.91%) is higher than the bottom 25% of dividend payers in the Australian market (2.29%).
High Dividend: MHJ's dividend (5.91%) is in the top 25% of dividend payers in the Australian market (5.31%)
Stability and Growth of Payments
Stable Dividend: MHJ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MHJ's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.5%), MHJ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MHJ's dividends in 3 years are forecast to be covered by earnings (61.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Daniel Bracken (52 yo)
Mr. Daniel Bracken has been the CEO of Hill International Limited since November 15, 2018 and has been its Managing Director and Director since June 28, 2021. He served as Managing Director and Director at...
CEO Compensation Analysis
Compensation vs Market: Daniel's total compensation ($USD1.29M) is above average for companies of similar size in the Australian market ($USD551.20K).
Compensation vs Earnings: Daniel's compensation has increased by more than 20% in the past year.
Experienced Management: MHJ's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: MHJ's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MHJ insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Michael Hill International Limited's employee growth, exchange listings and data sources
- Name: Michael Hill International Limited
- Ticker: MHJ
- Exchange: ASX
- Founded: 1979
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: AU$394.110m
- Shares outstanding: 388.29m
- Website: https://www.michaelhill.com.au
- Michael Hill International Limited
- Metroplex on Gateway
- 7 Smallwood Place
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:04|
|End of Day Share Price||2021/10/21 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.