MGIH Stock Overview
An investment holding company, provides paper-based packaging solutions in Mainland China, Hong Kong, Vietnam, rest of Southeast Asian countries, Australia, the United States, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Millennium Group International Holdings Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.63 |
| 52 Week High | US$9.57 |
| 52 Week Low | US$0.89 |
| Beta | 0 |
| 11 Month Change | -15.54% |
| 3 Month Change | 4.49% |
| 1 Year Change | -11.41% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -49.22% |
Recent News & Updates
Investors Don't See Light At End Of Millennium Group International Holdings Limited's (NASDAQ:MGIH) Tunnel And Push Stock Down 35%
Apr 04
Millennium Group International Holdings Limited's (NASDAQ:MGIH) 161% Price Boost Is Out Of Tune With Revenues
Feb 13Millennium Group International Holdings Limited's (NASDAQ:MGIH) Shares Climb 42% But Its Business Is Yet to Catch Up
Dec 13Recent updates
Investors Don't See Light At End Of Millennium Group International Holdings Limited's (NASDAQ:MGIH) Tunnel And Push Stock Down 35%
Apr 04Millennium Group International Holdings Limited's (NASDAQ:MGIH) 161% Price Boost Is Out Of Tune With Revenues
Feb 13Millennium Group International Holdings Limited's (NASDAQ:MGIH) Shares Climb 42% But Its Business Is Yet to Catch Up
Dec 13Shareholder Returns
| MGIH | US Packaging | US Market | |
|---|---|---|---|
| 7D | -3.0% | 0.2% | 1.8% |
| 1Y | -11.4% | 25.6% | 31.9% |
Return vs Industry: MGIH underperformed the US Packaging industry which returned 26.7% over the past year.
Return vs Market: MGIH underperformed the US Market which returned 32.8% over the past year.
Price Volatility
| MGIH volatility | |
|---|---|
| MGIH Average Weekly Movement | 8.9% |
| Packaging Industry Average Movement | 3.6% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 14.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: MGIH has not had significant price volatility in the past 3 months.
Volatility Over Time: MGIH's weekly volatility has decreased from 32% to 9% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 792 | Ray Lai | www.millennium-gp.com |
Millennium Group International Holdings Limited, an investment holding company, provides paper-based packaging solutions in Mainland China, Hong Kong, Vietnam, rest of Southeast Asian countries, Australia, the United States, and internationally. The company offers paper packaging products, including cardboard boxes, gift boxes, displays, corrugated outer cartons, manuals, and user guides to footwear products, sportswear, cookware and kitchenware, smartphones, food and beverage, paper and packaging, non-food-and-beverage-consumables, logistics, e-commerce, and home electronics industries; and packaging solutions to various luxury products industries. It also provides packaging products supply chain management solutions, and board games and various board game accessories.
Millennium Group International Holdings Limited Fundamentals Summary
| MGIH fundamental statistics | |
|---|---|
| Market cap | US$18.90m |
| Earnings (TTM) | -US$2.21m |
| Revenue (TTM) | US$43.08m |
0.4x
P/S Ratio-8.3x
P/E RatioIs MGIH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGIH income statement (TTM) | |
|---|---|
| Revenue | US$43.08m |
| Cost of Revenue | US$33.78m |
| Gross Profit | US$9.31m |
| Other Expenses | US$11.52m |
| Earnings | -US$2.21m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.20 |
| Gross Margin | 21.60% |
| Net Profit Margin | -5.14% |
| Debt/Equity Ratio | 30.8% |
How did MGIH perform over the long term?
See historical performance and comparison