Michael Hill International (ASX:MHJ) - Stock Price, News & Analysis

MHJ Stock Overview

Michael Hill International Limited owns and operates jewelry stores and provides related services in Australia, New Zealand, and Canada.

About the company

MHJ fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	2/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 77% below our estimate of its fair value

Earnings are forecast to grow 24.43% per year

Analysts in good agreement that stock price will rise by 66.4%

Risk Analysis

Dividend of 5.69% is not well covered by earnings

Profit margins (2.1%) are lower than last year (7.5%)

Michael Hill International Limited Competitors

Baby Bunting Group

ASX:BBN

AU$238.0m

Shaver Shop Group

ASX:SSG

AU$148.0m

Dusk Group

ASX:DSK

AU$49.8m

Super Retail Group

ASX:SUL

AU$3.3b

Price History & Performance

Summary of all time highs, changes and price drops for Michael Hill International
Historical stock prices
Current Share Price	AU$0.61
52 Week High	AU$1.06
52 Week Low	AU$0.65
Beta	0.89
1 Month Change	-13.99%
3 Month Change	-30.90%
1 Year Change	-37.88%
3 Year Change	-23.13%
5 Year Change	-3.15%
Change since IPO	-50.80%

Recent updates

Michael Hill International Limited's (ASX:MHJ) CEO Compensation Is Looking A Bit Stretched At The Moment

Nov 07

If You Like EPS Growth Then Check Out Michael Hill International (ASX:MHJ) Before It's Too Late

Oct 16

At AU$0.81, Is It Time To Put Michael Hill International Limited (ASX:MHJ) On Your Watch List?

May 04

Michael Hill International (ASX:MHJ) Could Be Struggling To Allocate Capital

Apr 11

Four Days Left To Buy Michael Hill International Limited (ASX:MHJ) Before The Ex-Dividend Date

Mar 06

If You Had Bought Michael Hill International's (ASX:MHJ) Shares Three Years Ago You Would Be Down 36%

Feb 28

How Many Michael Hill International Limited (ASX:MHJ) Shares Did Insiders Buy, In The Last Year?

Feb 05

We Think Michael Hill International's (ASX:MHJ) Statutory Profit Might Understate Its Earnings Potential

Jan 15

Should You Be Impressed By Michael Hill International's (ASX:MHJ) Returns on Capital?

Dec 25

When Should You Buy Michael Hill International Limited (ASX:MHJ)?

Dec 07

If You Had Bought Michael Hill International's (ASX:MHJ) Shares Three Years Ago You Would Be Down 55%

Nov 22

Trade Alert: The Non-Executive Independent Director Of Michael Hill International Limited (ASX:MHJ), Robert Fyfe, Has Just Spent AU$245k Buying 45% More Shares

Sep 01

We're Watching These Trends At Michael Hill International (ASX:MHJ)

Aug 19

Shareholder Returns

	MHJ	AU Specialty Retail	AU Market
7D	-8.2%	-4.6%	-2.2%
1Y	-37.9%	18.0%	4.5%

Return vs Industry: MHJ underperformed the Australian Specialty Retail industry which returned 18% over the past year.

Return vs Market: MHJ underperformed the Australian Market which returned 4.5% over the past year.

Price Volatility

Is MHJ's price volatile compared to industry and market?
MHJ volatility
MHJ Average Weekly Movement	6.1%
Specialty Retail Industry Average Movement	5.9%
Market Average Movement	9.0%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: MHJ's share price has been volatile over the past 3 months.

Volatility Over Time: MHJ's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1979	n/a	Daniel Bracken	www.michaelhill.com.au

Michael Hill International Limited owns and operates jewelry stores and provides related services in Australia, New Zealand, and Canada. The company 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 Limited Fundamentals Summary

How do Michael Hill International's earnings and revenue compare to its market cap?
MHJ fundamental statistics
Market cap	AU$259.62m
Earnings (TTM)	AU$12.99m
Revenue (TTM)	AU$628.87m

18.2x

P/E Ratio

0.4x

P/S Ratio

Is MHJ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MHJ income statement (TTM)
Revenue	AU$628.87m
Cost of Revenue	AU$238.28m
Gross Profit	AU$390.58m
Other Expenses	AU$377.59m
Earnings	AU$12.99m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.034
Gross Margin	62.11%
Net Profit Margin	2.07%
Debt/Equity Ratio	18.1%

How did MHJ perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

154%

Payout Ratio

MHJ Stock Overview

Rewards

Risk Analysis

Michael Hill International Limited Competitors

ASX:BBN

AU$238.0m

ASX:SSG

AU$148.0m

ASX:DSK

AU$49.8m

ASX:SUL

AU$3.3b

Price History & Performance

Recent News & Updates

Michael Hill International Limited Appoints Kate Palethorpe as Company Secretary

Consensus EPS estimates fall by 24%

Upcoming dividend of AU$0.018 per share

First half dividend of AU$0.018 announced

First half 2024 earnings released: EPS: AU$0.04 (vs AU$0.098 in 1H 2023)

Michael Hill International Limited to Report First Half, 2024 Results on Feb 26, 2024

Recent updates

Michael Hill International Limited Appoints Kate Palethorpe as Company Secretary

Consensus EPS estimates fall by 24%

Upcoming dividend of AU$0.018 per share

First half dividend of AU$0.018 announced

First half 2024 earnings released: EPS: AU$0.04 (vs AU$0.098 in 1H 2023)

Michael Hill International Limited to Report First Half, 2024 Results on Feb 26, 2024

New major risk - Revenue and earnings growth

Consensus EPS estimates fall by 22%

Price target decreased by 11% to AU$1.13

Michael Hill International Limited's (ASX:MHJ) CEO Compensation Is Looking A Bit Stretched At The Moment

Upcoming dividend of AU$0.035 per share at 8.1% yield

Michael Hill International (ASX:MHJ) Is Reducing Its Dividend To A$0.035

Price target increased by 9.9% to AU$1.28

Full year 2023 earnings released: EPS: AU$0.092 (vs AU$0.12 in FY 2022)

Michael Hill International Limited Announces Ordinary Dividend for the Six Months Ended July 2, 2023, Payable on September 22, 2023

Michael Hill International Limited Announces the Appointment of Dave Whittle as A Non-Executive Director

Michael Hill International Limited, Annual General Meeting, Nov 14, 2023

Price target decreased by 9.1% to AU$1.16

Michael Hill International Limited (ASX:MHJ) completed the acquisition of Business and selected assets of Bevilles.

Michael Hill International Limited (ASX:MHJ) completed the acquisition of Business and selected assets of Bevilles.

Consensus EPS estimates increase by 12%

Is Michael Hill International Limited (ASX:MHJ) Potentially Undervalued?

Consensus EPS estimates fall by 14%, revenue upgraded

Consensus EPS estimates fall by 12%

Price target decreased by 9.4% to AU$1.42

Upcoming dividend of AU$0.04 per share at 7.6% yield

First half 2023 earnings released: EPS: AU$0.098 (vs AU$0.096 in 1H 2022)

Michael Hill International Limited to Report First Half, 2023 Results on Feb 27, 2023

Non-Executive Independent Chairman recently sold AU$450k worth of stock

Less than half of directors are independent

Michael Hill International Limited, Annual General Meeting, Oct 25, 2022

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Michael Hill International Limited Declares Dividend for the Six Months Ended June 26, 2022, Payable on September 23, 2022

Michael Hill International Limited to Report Fiscal Year 2022 Results on Aug 26, 2022

Price target decreased to AU$1.58

Less than half of directors are independent

Price target increased to AU$1.71

Upcoming dividend of AU$0.035 per share

First half 2022 earnings: EPS exceeds analyst expectations

Michael Hill International (ASX:MHJ) Is Increasing Its Dividend To AU$0.035

Now 22% undervalued

Michael Hill International Limited Declares an Interim Dividend for A Period of Six Months Ended December 26, 2021, Payable on March 25, 2022

Price target increased to AU$1.25

Michael Hill International Limited Provides Earnings Guidance for the First Half Year Ended 26 December 2021

Returns At Michael Hill International (ASX:MHJ) Appear To Be Weighed Down

Investor sentiment improved over the past week

Non-Executive Independent Chairman recently sold AU$489k worth of stock

If You Like EPS Growth Then Check Out Michael Hill International (ASX:MHJ) Before It's Too Late

Non-Executive Director recently sold AU$3.0m worth of stock

Upcoming dividend of AU$0.03 per share

Full year 2021 earnings released: EPS AU$0.12 (vs AU$0.008 in FY 2020)

At AU$0.81, Is It Time To Put Michael Hill International Limited (ASX:MHJ) On Your Watch List?

Michael Hill International (ASX:MHJ) Could Be Struggling To Allocate Capital

Four Days Left To Buy Michael Hill International Limited (ASX:MHJ) Before The Ex-Dividend Date

Upcoming Dividend of AU$0.015 Per Share

If You Had Bought Michael Hill International's (ASX:MHJ) Shares Three Years Ago You Would Be Down 36%

First half 2021 earnings released

How Many Michael Hill International Limited (ASX:MHJ) Shares Did Insiders Buy, In The Last Year?

Michael Hill International Limited to Report First Half, 2021 Results on Feb 24, 2021