Minor International Public Company Limited, together with its subsidiaries, operates as a hospitality and leisure company in Thailand and internationally.
Good value with acceptable track record.
Share Price & News
How has Minor International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MINT's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MINT underperformed the TH Hospitality industry which returned -48.5% over the past year.
Return vs Market: MINT underperformed the TH Market which returned -32% over the past year.
Price Volatility Vs. Market
How volatile is Minor International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Minor International undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MINT (฿16.5) is trading below our estimate of fair value (฿20.51)
Significantly Below Fair Value: MINT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MINT is good value based on its PE Ratio (8.1x) compared to the Hospitality industry average (16.9x).
PE vs Market: MINT is good value based on its PE Ratio (8.1x) compared to the TH market (11.3x).
Price to Earnings Growth Ratio
PEG Ratio: MINT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MINT is good value based on its PB Ratio (1x) compared to the TH Hospitality industry average (1.3x).
How is Minor International forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MINT's earnings are forecast to decline over the next 3 years (-12% per year).
Earnings vs Market: MINT's earnings are forecast to decline over the next 3 years (-12% per year).
High Growth Earnings: MINT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MINT's revenue (1.6% per year) is forecast to grow slower than the TH market (7% per year).
High Growth Revenue: MINT's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MINT's Return on Equity is forecast to be low in 3 years time (8.2%).
How has Minor International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MINT has a large one-off gain of ฿6.1B impacting its December 31 2019 financial results.
Growing Profit Margin: MINT's current net profit margins (7.7%) are higher than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: MINT's earnings have declined by -0.01% per year over the past 5 years.
Accelerating Growth: MINT's earnings growth over the past year (119%) exceeds its 5-year average (-0.01% per year).
Earnings vs Industry: MINT earnings growth over the past year (119%) exceeded the Hospitality industry 2.5%.
Return on Equity
High ROE: MINT's Return on Equity (12.8%) is considered low.
How is Minor International's financial position?
Financial Position Analysis
Short Term Liabilities: MINT's short term assets (฿38.6B) exceed its short term liabilities (฿35.6B).
Long Term Liabilities: MINT's short term assets (฿38.6B) do not cover its long term liabilities (฿132.7B).
Debt to Equity History and Analysis
Debt Level: MINT's debt to equity ratio (130.8%) is considered high.
Reducing Debt: MINT's debt to equity ratio has increased from 113.4% to 130.8% over the past 5 years.
Debt Coverage: MINT's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: MINT's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Inventory Level: MINT has a high level of physical assets or inventory.
Debt Coverage by Assets: MINT's debt is not covered by short term assets (assets are 0.3x debt).
What is Minor International's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: MINT's dividend (3.03%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (3.34%).
High Dividend: MINT's dividend (3.03%) is low compared to the top 25% of dividend payers in the TH market (8.84%).
Stability and Growth of Payments
Stable Dividend: MINT's dividend payments have been volatile in the past 10 years.
Growing Dividend: MINT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.5%), MINT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MINT's dividends in 3 years are forecast to be well covered by earnings (38.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dillip Dillipraj Rajakarier (54yo)
Mr. Emmanuel Jude Dillipraj Rajakarier, also known as Dillip, has been Group Chief Executive Officer of Minor International Public Company Limited since January 1, 2020 and serves as its Chief Operating Of ...
|Group CEO||0.25yr||฿720.00k||0.20% ฿147.4m|
|Corporate Chief Financial Officer||4yrs||no data||0.0041% ฿3.1m|
|Senior Vice President of Investment & Acquisitions||4.83yrs||no data||0.0022% ฿1.7m|
|Vice President of Corporate Finance & Corporate Secretary||no data||no data||0.011% ฿8.5m|
|Chief Information Officer||no data||no data||no data|
|Vice President of Investor Relations||4.08yrs||no data||0.0026% ฿1.9m|
|Investor Relations Director||no data||no data||no data|
|Chief Commercial Officer & General Counsel||no data||no data||no data|
|Chief People Officer||0.50yr||no data||no data|
|Deputy Corporate Chief Financial Officer & Strategic Planning||4yrs||no data||0.012% ฿9.0m|
Experienced Management: MINT's management team is considered experienced (4 years average tenure).
|Group CEO||0.25yr||฿720.00k||0.20% ฿147.4m|
|Independent Director||12yrs||฿2.19m||no data|
|Independent Director||3yrs||฿1.90m||no data|
|Independent Director||4.25yrs||no data||no data|
|Independent Director||2yrs||฿1.00m||no data|
Experienced Board: MINT's board of directors are considered experienced (9 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.
Minor International Public Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Minor International Public Company Limited
- Ticker: MINT
- Exchange: SET
- Founded: 1978
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: ฿74.828b
- Shares outstanding: 4.62b
- Website: https://www.minor.com
Number of Employees
- Minor International Public Company Limited
- Berli Jucker House
- 16th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MINT||SET (The Stock Exchange of Thailand)||Yes||Ordinary Shares||TH||THB||Jan 1992|
|MINO.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|MNRI.F||OTCPK (Pink Sheets LLC)||PCL (FO SHS||US||USD||Oct 1995|
|MINT-F||THAMSE (Bangkok-Alien Market Stock Exchange)||PCL (FO SHS||TH||THB||Oct 1995|
|MINT-R||SET (The Stock Exchange of Thailand)||THB1(NVDR)||TH||THB||Aug 2001|
|MNIL.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||May 2012|
Minor International Public Company Limited, together with its subsidiaries, operates as a hospitality and leisure company in Thailand and internationally. It operates in four segments: Hotel & Spa, Mixed use, Restaurant, and Retail. As of February 26, 2019, the company had approximately 2,200 restaurant outlets in approximately 27 countries under The Pizza Company, Swensen’s, Sizzler, Dairy Queen, Burger King, Thai Express, The Coffee Club, Riverside, and Benihana brands. It also invested in, owned, and operated a portfolio of 513 hotels and serviced suites under the Anantara, AVANI, Oaks, Tivoli, NH Collection, NH Hotels, nhow, Elewana, Marriott, Four Seasons, St. Regis, Radisson Blu, and Minor International brands in 53 countries across the Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe, South America, and North America. In addition, the company distributes fashion and lifestyle products under the Anello, Bodum, Bossini, Brooks Brothers, Charles & Keith, Esprit, Etam, Joseph Joseph, OVS, Radley, Save My Bag, Zwilling J.A. Henckels and Minor Smart Kids brands through approximately 450 points of sale; and provides online shopping, as well as offers contract manufacturing services. Further, it is involved in the entertainment venues and property rental and sale, food and beverage sale, supply chain management, spa, vacation club point sale, distribution, management, catering service, franchise, consulting, sales and marketing, real estate, travel agency, asset management, accommodation, property development, corporate service, and procurement network businesses; and manufacture and sale of cheese and ice-cream. The company was formerly known as Royal Garden Resorts Plc. and changed its name to Minor International Public Company Limited in 2005. Minor International Public Company Limited was founded in 1978 and is based in Bangkok, Thailand.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 14:30|
|End of Day Share Price||2020/04/03 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.