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1942

MOG Holdings SEHK:1942 Stock Report

Last Price

HK$1.76

Market Cap

HK$880.0m

7D

0%

1Y

74.3%

Updated

09 Aug, 2022

Data

Company Financials
1942 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

1942 Stock Overview

MOG Holdings Limited, an investment holding company, engages in the retail of optical products in Malaysia.

MOG Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MOG Holdings
Historical stock prices
Current Share PriceHK$1.76
52 Week HighHK$1.84
52 Week LowHK$0.86
Beta-0.25
1 Month Change2.92%
3 Month Change5.39%
1 Year Change74.26%
3 Year Changen/a
5 Year Changen/a
Change since IPO252.00%

Recent News & Updates

Shareholder Returns

1942HK Specialty RetailHK Market
7D0%-1.1%0.2%
1Y74.3%-34.5%-21.9%

Return vs Industry: 1942 exceeded the Hong Kong Specialty Retail industry which returned -34.5% over the past year.

Return vs Market: 1942 exceeded the Hong Kong Market which returned -21.9% over the past year.

Price Volatility

Is 1942's price volatile compared to industry and market?
1942 volatility
1942 Average Weekly Movement4.5%
Specialty Retail Industry Average Movement5.7%
Market Average Movement6.6%
10% most volatile stocks in HK Market12.8%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 1942 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 1942's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996515Bernice Lowhttps://www.mog.com.my

MOG Holdings Limited, an investment holding company, engages in the retail of optical products in Malaysia. The company operates through Business-to-Business Hardware Trading, Sales of Optical Products, and Franchise and License Management segments. It offers a range of optical products, which include lenses, frames, contact lenses, spectacles, and sunglasses.

MOG Holdings Fundamentals Summary

How do MOG Holdings's earnings and revenue compare to its market cap?
1942 fundamental statistics
Market CapRM498.86m
Earnings (TTM)RM10.11m
Revenue (TTM)RM231.27m

49.3x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1942 income statement (TTM)
RevenueRM231.27m
Cost of RevenueRM160.87m
Gross ProfitRM70.40m
Other ExpensesRM60.29m
EarningsRM10.11m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.02
Gross Margin30.44%
Net Profit Margin4.37%
Debt/Equity Ratio0%

How did 1942 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

n/a

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 1942 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 1942?

Other financial metrics that can be useful for relative valuation.

1942 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/Revenue1.8x
Enterprise Value/EBITDA35.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 1942's PE Ratio compare to its peers?

1942 PE Ratio vs Peers
The above table shows the PE ratio for 1942 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.9x
280 King Fook Holdings
5.9xn/aHK$355.3m
3389 Hengdeli Holdings
36.8xn/aHK$1.1b
398 Oriental Watch Holdings
5.9xn/aHK$2.1b
104 Asia Commercial Holdings
2.3xn/aHK$194.3m
1942 MOG Holdings
49.3xn/aHK$880.0m

Price-To-Earnings vs Peers: 1942 is expensive based on its Price-To-Earnings Ratio (49.3x) compared to the peer average (12.9x).


Price to Earnings Ratio vs Industry

How does 1942's PE Ratio compare vs other companies in the HK Specialty Retail Industry?

Price-To-Earnings vs Industry: 1942 is expensive based on its Price-To-Earnings Ratio (49.3x) compared to the Hong Kong Specialty Retail industry average (9.7x)


Price to Earnings Ratio vs Fair Ratio

What is 1942'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.

1942 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio49.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1942's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1942 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1942 (HK$1.76) is trading above our estimate of fair value (HK$0.46)

Significantly Below Fair Value: 1942 is trading above our estimate of fair value.


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.


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Future Growth

How is MOG 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


19.6%

Forecasted Retail 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 MOG 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 MOG Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • MOG Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has MOG Holdings performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-11.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1942 has a large one-off gain of MYR4.9M impacting its March 31 2022 financial results.

Growing Profit Margin: 1942's current net profit margins (4.4%) are lower than last year (10%).


Past Earnings Growth Analysis

Earnings Trend: 1942's earnings have declined by 11.4% per year over the past 5 years.

Accelerating Growth: 1942's earnings growth over the past year (1.9%) exceeds its 5-year average (-11.4% per year).

Earnings vs Industry: 1942 earnings growth over the past year (1.9%) underperformed the Specialty Retail industry 36.9%.


Return on Equity

High ROE: 1942's Return on Equity (9.6%) is considered low.


Discover strong past performing companies

Financial Health

How is MOG 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: 1942's short term assets (MYR287.7M) exceed its short term liabilities (MYR177.8M).

Long Term Liabilities: 1942's short term assets (MYR287.7M) exceed its long term liabilities (MYR8.8M).


Debt to Equity History and Analysis

Debt Level: 1942 is debt free.

Reducing Debt: 1942 has no debt compared to 5 years ago when its debt to equity ratio was 35.2%.

Debt Coverage: 1942 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1942 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is MOG 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


1.14%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 1942's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.84%).

High Dividend: 1942's dividend (1.14%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.38%).


Stability and Growth of Payments

Stable Dividend: 1942 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 1942 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are 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: 1942 is not paying a notable dividend for the Hong Kong market.


Discover strong dividend paying companies

Management

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

1.0yrs

Average management tenure


CEO

Bernice Low (51 yo)

no data

Tenure

RM661,000

Compensation

Ms. Lay Choo Low, also known as Bernice, serves as Chief Executive Officer at MOG Holdings Limited. She served as Executive Director at MOG Holdings Limited since June 4, 2019 until June 23, 2022. She join...


CEO Compensation Analysis

Compensation vs Market: Bernice's total compensation ($USD148.54K) is below average for companies of similar size in the Hong Kong market ($USD244.27K).

Compensation vs Earnings: Bernice's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: 1942's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1942's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

MOG Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: MOG Holdings Limited
  • Ticker: 1942
  • Exchange: SEHK
  • Founded: 1996
  • Industry: Specialty Stores
  • Sector: Retail
  • Implied Market Cap: HK$880.000m
  • Shares outstanding: 500.00m
  • Website: https://www.mog.com.my

Number of Employees


Location

  • MOG Holdings Limited
  • Jalan Kajang Indah 1
  • No. 1-2, 2nd Floor
  • Kajang
  • Selangor
  • 43000
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/09 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.