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

MGC is expensive based on its Price-To-Earnings Ratio (50.2x) compared to the peer average (38.1x).

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

MGC is expensive based on its Price-To-Earnings Ratio (50.2x) compared to the TH Specialty Retail industry average (20.1x).

What is MGC'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.

MGC is expensive based on its Price-To-Earnings Ratio (50.2x) compared to the estimated Fair Price-To-Earnings Ratio (40.7x).

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

MGC (THB4.1) is trading above our estimate of [[fair value]] (THB1.83)

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

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

MGC Stock Overview

Engages in the wholesale and retail of automobiles, yachts, and spare parts primarily in Thailand. More details

MGC fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	3/6
Past Performance	1/6
Financial Health	2/6
Dividends	2/6

Rewards

Earnings are forecast to grow 67.7% per year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 4.39% is not well covered by earnings

Profit margins (0.4%) are lower than last year (2.1%)

My Notes

Capture your thoughts, links and company narrative

Millennium Group Corporation (Asia) Public Company Limited Competitors

PTG Energy

SET:PTG

฿13.4b

Mitsib Leasing

SET:MITSIB

฿919.7m

Autocorp Holding

SET:ACG

฿546.0m

PTT Oil and Retail Business

SET:OR

฿157.2b

Price History & Performance

Summary of share price highs, lows and changes for Millennium Group Corporation (Asia)
Historical stock prices
Current Share Price	฿4.10
52 Week High	฿6.60
52 Week Low	฿3.54
Beta	0
1 Month Change	0.49%
3 Month Change	-12.77%
1 Year Change	-29.31%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-53.93%

Recent updates

Shareholder Returns

	MGC	TH Specialty Retail	TH Market
7D	0%	-4.9%	-4.7%
1Y	-29.3%	-21.7%	-3.4%

Return vs Industry: MGC underperformed the TH Specialty Retail industry which returned -21.7% over the past year.

Return vs Market: MGC underperformed the TH Market which returned -3.4% over the past year.

Price Volatility

Is MGC's price volatile compared to industry and market?
MGC volatility
MGC Average Weekly Movement	4.1%
Specialty Retail Industry Average Movement	4.8%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.9%
10% least volatile stocks in TH Market	2.1%

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

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

About the Company

Founded	Employees	CEO	Website
2000	n/a	Sunhavut Thamchuanviriya	www.mgc-asia.com

Millennium Group Corporation (Asia) Public Company Limited engages in the wholesale and retail of automobiles, yachts, and spare parts primarily in Thailand. The company is involved in the buying, selling, renting, and provision of services for automotives. It also offers after-sales services, including selling automotive parts, decorative accessories, clothing, and other products; body paint and repair services; and car rental services under the Sixt Rent brand name.

Millennium Group Corporation (Asia) Public Company Limited Fundamentals Summary

How do Millennium Group Corporation (Asia)'s earnings and revenue compare to its market cap?
MGC fundamental statistics
Market cap	฿4.59b
Earnings (TTM)	฿91.41m
Revenue (TTM)	฿21.04b

50.2x

P/E Ratio

0.2x

P/S Ratio

Is MGC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGC income statement (TTM)
Revenue	฿21.04b
Cost of Revenue	฿18.88b
Gross Profit	฿2.16b
Other Expenses	฿2.07b
Earnings	฿91.41m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.082
Gross Margin	10.27%
Net Profit Margin	0.43%
Debt/Equity Ratio	91.1%

How did MGC perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

110%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 03:02
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Millennium Group Corporation (Asia) Public Company Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Wikij Tirawannarat	Bualuang Securities PCL
Napon Jaisan	Bualuang Securities PCL
Monchai Mokaranuraksa	Tisco Securities Co. Ltd.