Michael Hill International Limited

ASX:MHJ Stock Report

Mkt Cap: AU$383.5m

We’ve recently updated our valuation analysis.

Michael Hill International Valuation

Is MHJ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MHJ?

Other financial metrics that can be useful for relative valuation.

MHJ key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA7.5x
PEG Ratio31.6x

Price to Earnings Ratio vs Peers

How does MHJ's PE Ratio compare to its peers?

The above table shows the PE ratio for MHJ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average17.7x
BBN Baby Bunting Group
17.7x27.1%AU$248.9m
SSG Shaver Shop Group
7.9x6.8%AU$136.3m
DSK Dusk Group
5.6x3.5%AU$92.8m
SUL Super Retail Group
10x-2.0%AU$2.7b
MHJ Michael Hill International
8.1x0.3%AU$383.5m


Price to Earnings Ratio vs Industry

How does MHJ's PE Ratio compare vs other companies in the AU Specialty Retail Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a2.6%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a2.6%
n/an/an/a
No more companies


Price to Earnings Ratio vs Fair Ratio

What is MHJ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MHJ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.1x
Fair PE Ratio9.2x

Price-To-Earnings vs Fair Ratio: MHJ is good value based on its Price-To-Earnings Ratio (8.1x) compared to the estimated Fair Price-To-Earnings Ratio (9.2x).


Share Price vs Fair Value

What is the Fair Price of MHJ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MHJ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$1.01
AU$1.25
+24.1%
8.5%AU$1.40AU$1.15n/a3
Mar ’24AU$1.05
AU$1.54
+46.7%
18.1%AU$1.86AU$1.18n/a3
Feb ’24AU$1.04
AU$1.54
+48.1%
18.1%AU$1.86AU$1.18n/a3
Jan ’24AU$1.10
AU$1.56
+42.1%
18.2%AU$1.86AU$1.18n/a3
Dec ’23AU$1.18
AU$1.56
+32.5%
18.2%AU$1.86AU$1.18n/a3
Nov ’23AU$1.25
AU$1.56
+25.6%
18.2%AU$1.86AU$1.18n/a3
Oct ’23AU$1.19
AU$1.51
+27.1%
18.5%AU$1.86AU$1.18n/a3
Sep ’23AU$1.15
AU$1.45
+25.8%
20.5%AU$1.86AU$1.18n/a3
Aug ’23AU$1.10
AU$1.58
+43.8%
17.5%AU$1.85AU$1.30n/a2
Jul ’23AU$1.03
AU$1.73
+68.0%
6.9%AU$1.85AU$1.61n/a2
Jun ’23AU$1.03
AU$1.73
+68.0%
6.9%AU$1.85AU$1.61n/a2
May ’23AU$1.15
AU$1.73
+51.1%
6.9%AU$1.85AU$1.61n/a2
Apr ’23AU$1.19
AU$1.71
+43.3%
8.5%AU$1.85AU$1.56n/a2
Mar ’23AU$1.36
AU$1.45
+6.4%
26.5%AU$1.85AU$0.93AU$1.053
Feb ’23AU$1.39
AU$1.44
+3.7%
25.0%AU$1.72AU$0.93AU$1.043
Jan ’23AU$1.38
AU$1.03
-25.1%
7.1%AU$1.09AU$0.93AU$1.103
Dec ’22AU$1.13
AU$1.03
-8.6%
7.1%AU$1.09AU$0.93AU$1.183
Nov ’22AU$0.99
AU$1.03
+4.4%
7.1%AU$1.09AU$0.93AU$1.253
Oct ’22AU$0.86
AU$0.97
+12.8%
8.1%AU$1.08AU$0.90AU$1.193
Sep ’22AU$0.84
AU$0.97
+15.5%
8.1%AU$1.08AU$0.90AU$1.153
Aug ’22AU$0.86
AU$0.95
+9.9%
4.1%AU$1.00AU$0.92AU$1.103
Jul ’22AU$0.85
AU$0.95
+11.6%
3.9%AU$1.00AU$0.92AU$1.033
Jun ’22AU$0.80
AU$0.95
+18.6%
3.9%AU$1.00AU$0.92AU$1.033
May ’22AU$0.82
AU$0.95
+15.7%
3.9%AU$1.00AU$0.92AU$1.153
Apr ’22AU$0.64
AU$0.89
+39.9%
11.7%AU$1.00AU$0.75AU$1.193
Mar ’22AU$0.68
AU$0.88
+29.6%
14.3%AU$1.00AU$0.75AU$1.362


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