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

MHJ is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.6x).

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

MHJ is good value based on its Price-To-Sales Ratio (0.3x) compared to the Australian Specialty Retail industry average (0.8x).

What is MHJ'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.

MHJ is good value based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

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

MHJ (A$0.57) is trading below our estimate of [[fair value]] (A$3.55)

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

Target price is less than 20% higher than the current share price.

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

MHJ Stock Overview

Owns and operates jewelry stores and provides related services in Australia, New Zealand, and Canada. More details

MHJ fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 83.9% below our estimate of its fair value

Earnings are forecast to grow 37.42% per year

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for MHJ from our risk checks.

Michael Hill International Limited Competitors

Baby Bunting Group

ASX:BBN

AU$228.6m

Shaver Shop Group

ASX:SSG

AU$174.2m

Adore Beauty Group

ASX:ABY

AU$92.1m

Dusk Group

ASX:DSK

AU$78.5m

Price History & Performance

Summary of all time highs, changes and price drops for Michael Hill International
Historical stock prices
Current Share Price	AU$0.57
52 Week High	AU$0.95
52 Week Low	AU$0.39
Beta	0.69
11 Month Change	12.87%
3 Month Change	5.56%
1 Year Change	-30.06%
33 Year Change	-54.40%
5 Year Change	-14.29%
Change since IPO	-52.50%

Recent updates

Shareholder Returns

	MHJ	AU Specialty Retail	AU Market
7D	0%	1.9%	0.4%
1Y	-30.1%	32.7%	16.9%

Return vs Industry: MHJ underperformed the Australian Specialty Retail industry which returned 33.4% over the past year.

Return vs Market: MHJ underperformed the Australian Market which returned 16.9% over the past year.

Price Volatility

Is MHJ's price volatile compared to industry and market?
MHJ volatility
MHJ Average Weekly Movement	6.6%
Specialty Retail Industry Average Movement	5.7%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.4%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: MHJ has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: MHJ's weekly volatility (7%) 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. It offers rings, earrings, bracelets and bangles, necklaces and pendants, chains, watches, collections, and gifts, as well as birthstones. The company 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$220.27m
Earnings (TTM)	-AU$479.00k
Revenue (TTM)	AU$646.60m

0.3x

P/S Ratio

-459.9x

P/E 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$646.60m
Cost of Revenue	AU$254.01m
Gross Profit	AU$392.59m
Other Expenses	AU$393.07m
Earnings	-AU$479.00k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0012
Gross Margin	60.72%
Net Profit Margin	-0.074%
Debt/Equity Ratio	35.3%

How did MHJ perform over the long term?

See historical performance and comparison

MHJ Stock Overview

Rewards

Risk Analysis

Michael Hill International Limited Competitors

ASX:BBN

AU$228.6m

ASX:SSG

AU$174.2m

ASX:ABY

AU$92.1m

ASX:DSK

AU$78.5m

Price History & Performance

Recent News & Updates

Michael Hill International Limited Announces Executive Changes

Now 20% undervalued

Less than half of directors are independent

Michael Hill International Limited, Annual General Meeting, Oct 23, 2024

Full year 2024 earnings released: AU$0.001 loss per share (vs AU$0.092 profit in FY 2023)

Michael Hill International Limited Appoints Claudia Batten as a Non-Executive Director

Recent updates

Michael Hill International Limited Announces Executive Changes

Now 20% undervalued

Less than half of directors are independent

Michael Hill International Limited, Annual General Meeting, Oct 23, 2024

Full year 2024 earnings released: AU$0.001 loss per share (vs AU$0.092 profit in FY 2023)

Michael Hill International Limited Appoints Claudia Batten as a Non-Executive Director

Michael Hill International Limited to Report Fiscal Year 2024 Results on Aug 30, 2024

Michael Hill International Limited Appoints Kate Palethorpe as Company Secretary

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

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

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

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.

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 released: EPS: AU$0.12 (vs AU$0.12 in FY 2021)

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

Less than half of directors are independent

Upcoming dividend of AU$0.035 per share

First half 2022 earnings: Revenues and EPS in line with analyst expectations

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

Investor sentiment improved over the past week

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

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

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)

First half 2021 earnings released

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

Michael Hill International Limited Announces Executive Changes

New 90-day high: AU$0.70

New 90-day high: AU$0.61

Michael Hill International Limited Announces Retirement of Janine Allis as Director

New 90-day high: AU$0.41

Michael Hill International Limited Announces Not Declare Final Dividend for the Year Ended 28 June 2020

New 90-day high - AU$0.40

Non-Executive Independent Director recently bought AU$193k worth of stock

Non-Executive Independent Director recently bought AU$245k worth of stock

Earnings released

Michael Hill International Limited to Report Fiscal Year 2020 Results on Aug 19, 2020

Shareholder Returns

Price Volatility

About the Company

Michael Hill International Limited Fundamentals Summary

0.3x

-459.9x

Earnings & Revenue