MS Group Holdings (SEHK:1451) - Share price, News & Analysis

Q: What is the Fair Price of 1451 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

1451 (HK$0.69) is trading below our estimate of [[fair value]] (HK$0.9)

1451 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

1451 Stock Overview

Rewards

Trading at 23.6% below our estimate of its fair value

Earnings grew by 10.1% over the past year

Risk Analysis

Does not have a meaningful market cap (HK$138M)

MS Group Holdings Competitors

Yik Wo International Holdings

SEHK:8659

HK$186.4m

China Aluminum Cans Holdings

SEHK:6898

HK$356.2m

Southeast Asia Properties & Finance

SEHK:252

HK$732.6m

CPMC Holdings

SEHK:906

HK$3.4b

Price History & Performance

Summary of all time highs, changes and price drops for MS Group Holdings
Historical stock prices
Current Share Price	HK$0.69
52 Week High	HK$0.73
52 Week Low	HK$0.42
Beta	-0.11
1 Month Change	1.47%
3 Month Change	32.69%
1 Year Change	2.99%
3 Year Change	7.81%
5 Year Change	n/a
Change since IPO	-50.00%

Recent News & Updates

Jul 30

A Look At The Fair Value Of MS Group Holdings Limited (HKG:1451)

How far off is MS Group Holdings Limited ( HKG:1451 ) from its intrinsic value? Using the most recent financial data...

Jun 24

Is Now The Time To Put MS Group Holdings (HKG:1451) On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

Shareholder Returns

	1451	HK Packaging	HK Market
7D	-5.5%	-1.7%	-0.7%
1Y	3.0%	-31.7%	-20.5%

Return vs Industry: 1451 exceeded the Hong Kong Packaging industry which returned -31.7% over the past year.

Return vs Market: 1451 exceeded the Hong Kong Market which returned -20.5% over the past year.

Price Volatility

Is 1451's price volatile compared to industry and market?
1451 volatility
1451 Average Weekly Movement	6.8%
Packaging Industry Average Movement	6.9%
Market Average Movement	6.6%
10% most volatile stocks in HK Market	12.9%
10% least volatile stocks in HK Market	3.1%

Stable Share Price: 1451 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 1451's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	740	Peter Chung	https://msgh.com.hk

MS Group Holdings Limited, an investment holding company, manufactures and sells plastic bottles and baby feeding accessories in the United States, Italy, the People’s Republic of China, and internationally. The company operates in two segments, OEM Business and Yo Yo Monkey Business. It offers plastic bottles and cups for infants and toddlers, as well as plastic sports bottles on an original equipment manufacturing (OEM) basis; and under the company’s Yo Yo Monkey brand for sale to retailers and distributors.

MS Group Holdings Fundamentals Summary

How do MS Group Holdings's earnings and revenue compare to its market cap?
1451 fundamental statistics
Market Cap	HK$138.00m
Earnings (TTM)	HK$15.41m
Revenue (TTM)	HK$293.75m

9.0x

P/E Ratio

0.5x

P/S Ratio

Is 1451 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
1451 income statement (TTM)
Revenue	HK$293.75m
Cost of Revenue	HK$207.41m
Gross Profit	HK$86.34m
Other Expenses	HK$70.93m
Earnings	HK$15.41m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.077
Gross Margin	29.39%
Net Profit Margin	5.25%
Debt/Equity Ratio	0%

How did 1451 perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is 1451 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1451?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 1451. This is calculated by dividing 1451's market cap by their current preferred multiple.
What is 1451's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	HK$138.00m

1451 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/Revenue	0.06x
Enterprise Value/EBITDA	0.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 1451's PE Ratio compare to its peers?

1451 PE Ratio vs Peers

The above table shows the PE ratio for 1451 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	14.6x
8659 Yik Wo International Holdings	4.6x	n/a	HK$186.4m
6898 China Aluminum Cans Holdings	19.7x	n/a	HK$356.2m
252 Southeast Asia Properties & Finance	27.6x	n/a	HK$732.6m
906 CPMC Holdings	6.3x	12.1%	HK$3.4b
1451 MS Group Holdings	9x	n/a	HK$138.0m

Price-To-Earnings vs Peers: 1451 is good value based on its Price-To-Earnings Ratio (9x) compared to the peer average (14.6x).

Price to Earnings Ratio vs Industry

How does 1451's PE Ratio compare vs other companies in the Asian Packaging Industry?

Price-To-Earnings vs Industry: 1451 is expensive based on its Price-To-Earnings Ratio (9x) compared to the Hong Kong Packaging industry average (7.4x)

Price to Earnings Ratio vs Fair Ratio

What is 1451'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.

1451 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1451's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of 1451 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1451 (HK$0.69) is trading below our estimate of fair value (HK$0.9)

Significantly Below Fair Value: 1451 is trading below fair value by more than 20%.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

Future Growth

How is MS Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

22.1%

Forecasted Materials 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 MS Group Holdings 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.

Discover growth companies

Examine whether MS Group Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
MS Group Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has MS Group Holdings performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

4.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1451 has high quality earnings.

Growing Profit Margin: 1451's current net profit margins (5.2%) are lower than last year (5.6%).

Past Earnings Growth Analysis

Earnings Trend: 1451's earnings have grown by 4.4% per year over the past 5 years.

Accelerating Growth: 1451's earnings growth over the past year (10.1%) exceeds its 5-year average (4.4% per year).

Earnings vs Industry: 1451 earnings growth over the past year (10.1%) exceeded the Packaging industry -2.6%.

Return on Equity

High ROE: 1451's Return on Equity (7.6%) is considered low.

Discover strong past performing companies

Financial Health

How is MS Group Holdings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1451's short term assets (HK$200.9M) exceed its short term liabilities (HK$49.2M).

Long Term Liabilities: 1451's short term assets (HK$200.9M) exceed its long term liabilities (HK$3.5M).

Debt to Equity History and Analysis

Debt Level: 1451 is debt free.

Reducing Debt: 1451 had no debt 5 years ago.

Debt Coverage: 1451 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1451 has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Discover healthy companies

Dividend

What is MS Group Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1451's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1451'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 1451's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1451's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 1451 has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure

CEO

Peter Chung (68 yo)

no data

Tenure

HK$607,000

Compensation

Mr. Kwok Keung Chung, also known as Peter, has served as Director of MS Group Holdings Ltd since March 9, 2017 and re-designated as Executive Director on August 31, 2017 and is the Chief Executive Officer...

CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD77.32K) is below average for companies of similar size in the Hong Kong market ($USD244.90K).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: 1451's management team is seasoned and experienced (5.1 years average tenure).

Board Members

Experienced Board: 1451's board of directors are considered experienced (5.4 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.

Data	Last Updated (UTC time)
Company Analysis	2022/08/07 00:00
End of Day Share Price	2022/08/05 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31