MG Stock Overview
Millennium Global Holdings, Inc. processes, imports, exports, and trades in marine and other related products in the Philippines.
Millennium Global Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₱0.11|
|52 Week High||₱0.30|
|52 Week Low||₱0.11|
|1 Month Change||-12.50%|
|3 Month Change||-23.29%|
|1 Year Change||-62.03%|
|3 Year Change||-40.43%|
|5 Year Change||-53.72%|
|Change since IPO||-97.20%|
Recent News & Updates
|MG||PH Food||PH Market|
Return vs Industry: MG underperformed the PH Food industry which returned -27.2% over the past year.
Return vs Market: MG underperformed the PH Market which returned -8.6% over the past year.
|MG Average Weekly Movement||7.3%|
|Food Industry Average Movement||6.3%|
|Market Average Movement||5.3%|
|10% most volatile stocks in PH Market||10.1%|
|10% least volatile stocks in PH Market||3.1%|
Stable Share Price: MG is more volatile than 75% of PH stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: MG's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of PH stocks.
About the Company
Millennium Global Holdings, Inc. processes, imports, exports, and trades in marine and other related products in the Philippines. It offers seafood products, such as black tiger shrimps, kisu (asohos) fillets, frozen lobsters, etc. The company also imports salmon, mackerel scad, scallops, shrimps, etc. for the local market, as well as supplies these products to supermarkets, groceries, food processors, hotels, and restaurants. In addition, it manufactures, processes, and deals in pasteurized canned crabmeat, frozen marine products, and other food products.
Millennium Global Holdings Fundamentals Summary
|MG fundamental statistics|
Is MG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MG income statement (TTM)|
|Cost of Revenue||₱831.79m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.0002|
|Net Profit Margin||0.056%|
How did MG perform over the long term?See historical performance and comparison
Is MG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MG?
Other financial metrics that can be useful for relative valuation.
|What is MG's n/a Ratio?|
Price to Sales Ratio vs Peers
How does MG's PS Ratio compare to its peers?
|MG PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
SFI Swift Foods
FOOD Alliance Select Foods International
FRUIT Fruitas Holdings
MG Millennium Global Holdings
Price-To-Sales vs Peers: MG is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (2.4x).
Price to Earnings Ratio vs Industry
How does MG's PE Ratio compare vs other companies in the Asian Food Industry?
Price-To-Sales vs Industry: MG is good value based on its Price-To-Sales Ratio (0.3x) compared to the PH Food industry average (1.3x)
Price to Sales Ratio vs Fair Ratio
What is MG'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.
|Current PS Ratio||0.3x|
|Fair PS Ratio||n/a|
Price-To-Sales vs Fair Ratio: Insufficient data to calculate MG's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of MG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate MG's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate MG's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MG's PEG Ratio to determine if it is good value.
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How is Millennium Global Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Food, Beverage & Tobacco 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 Millennium Global 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.
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- Take a look at our analysis of MG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
How has Millennium Global Holdings performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MG has a large one-off loss of ₱1.6M impacting its March 31 2022 financial results.
Growing Profit Margin: MG became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MG has become profitable over the past 5 years, growing earnings by -39.6% per year.
Accelerating Growth: MG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (19.3%).
Return on Equity
High ROE: MG's Return on Equity (0.09%) is considered low.
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How is Millennium Global Holdings's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MG's short term assets (₱1.6B) exceed its short term liabilities (₱1.2B).
Long Term Liabilities: MG's short term assets (₱1.6B) exceed its long term liabilities (₱336.7M).
Debt to Equity History and Analysis
Debt Level: MG's net debt to equity ratio (226%) is considered high.
Reducing Debt: MG's debt to equity ratio has increased from 292.9% to 293.4% over the past 5 years.
Debt Coverage: MG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MG's interest payments on its debt are not well covered by EBIT (0.9x coverage).
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What is Millennium Global Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MG'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 MG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MG'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 MG has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Yang (52 yo)
Mr. Chi Jen Yang, also known as Michael, serves as the Chairman, Chief Executive Officer and President at Millennium Global Holdings, Inc. and has been its Executive Director since October 22, 2012. Mr. Ya...
Experienced Management: MG's management team is seasoned and experienced (15.1 years average tenure).
Experienced Board: MG's board of directors are considered experienced (9.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Millennium Global Holdings, Inc.'s employee growth, exchange listings and data sources
- Name: Millennium Global Holdings, Inc.
- Ticker: MG
- Exchange: PSE
- Founded: 1964
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: ₱280.000m
- Shares outstanding: 2.50b
- Website: https://millennium-globalholdingsinc.com
Number of Employees
- Millennium Global Holdings, Inc.
- Block 2
- Lot 9
- Paranaque City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 00:00|
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.