MINISO GROUP HOLDING LTD-ADR (MNSO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MNSO - US66981J1025 - ADR
19.22 USD
-0.42 (-2.14%)
Taking everything into account, MNSO scores 7 out of 10 in our fundamental rating. MNSO was compared to 30 industry peers in the Broadline Retail industry. While MNSO has a great profitability rating, there are some minor concerns on its financial health. MNSO is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make MNSO suitable for growth investing!
1. Profitability
1.1 Basic Checks
- MNSO had positive earnings in the past year.
- MNSO had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: MNSO reported negative net income in multiple years.
- Each year in the past 5 years MNSO had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 8.83%, MNSO belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 21.69%, MNSO belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 13.11%, MNSO belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for MNSO is significantly above the industry average of 9.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.83% | ||
| ROE | 21.69% | ||
| ROIC | 13.11% |
ROA(3y)11.09%
ROA(5y)3.11%
ROE(3y)18.11%
ROE(5y)N/A
ROIC(3y)15.21%
ROIC(5y)14.47%
1.3 Margins
- Looking at the Profit Margin, with a value of 12.63%, MNSO belongs to the top of the industry, outperforming 93.33% of the companies in the same industry.
- MNSO's Operating Margin of 18.18% is amongst the best of the industry. MNSO outperforms 93.33% of its industry peers.
- MNSO's Operating Margin has improved in the last couple of years.
- The Gross Margin of MNSO (45.12%) is better than 63.33% of its industry peers.
- In the last couple of years the Gross Margin of MNSO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.18% | ||
| PM (TTM) | 12.63% | ||
| GM | 45.12% |
OM growth 3Y62.12%
OM growth 5Y11.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y18.81%
GM growth 5Y10.95%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MNSO is creating value.
- The number of shares outstanding for MNSO has been reduced compared to 1 year ago.
- MNSO has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, MNSO has a worse debt to assets ratio.
2.2 Solvency
- MNSO has an Altman-Z score of 3.34. This indicates that MNSO is financially healthy and has little risk of bankruptcy at the moment.
- MNSO's Altman-Z score of 3.34 is fine compared to the rest of the industry. MNSO outperforms 63.33% of its industry peers.
- The Debt to FCF ratio of MNSO is 10.42, which is on the high side as it means it would take MNSO, 10.42 years of fcf income to pay off all of its debts.
- With a Debt to FCF ratio value of 10.42, MNSO perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
- MNSO has a Debt/Equity ratio of 0.72. This is a neutral value indicating MNSO is somewhat dependend on debt financing.
- MNSO has a Debt to Equity ratio of 0.72. This is in the lower half of the industry: MNSO underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 10.42 | ||
| Altman-Z | 3.34 |
ROIC/WACC1.73
WACC7.57%
2.3 Liquidity
- MNSO has a Current Ratio of 1.92. This is a normal value and indicates that MNSO is financially healthy and should not expect problems in meeting its short term obligations.
- With a decent Current ratio value of 1.92, MNSO is doing good in the industry, outperforming 63.33% of the companies in the same industry.
- MNSO has a Quick Ratio of 1.50. This is a normal value and indicates that MNSO is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of MNSO (1.50) is better than 63.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.92 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
- MNSO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.01%, which is quite good.
- MNSO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 73.72% yearly.
- The Revenue has grown by 23.44% in the past year. This is a very strong growth!
- The Revenue has been growing by 12.59% on average over the past years. This is quite good.
EPS 1Y (TTM)13.01%
EPS 3Y73.72%
EPS 5YN/A
EPS Q2Q%12.73%
Revenue 1Y (TTM)23.44%
Revenue growth 3Y23.27%
Revenue growth 5Y12.59%
Sales Q2Q%28.17%
3.2 Future
- The Earnings Per Share is expected to grow by 13.91% on average over the next years. This is quite good.
- The Revenue is expected to grow by 19.73% on average over the next years. This is quite good.
EPS Next Y-6.88%
EPS Next 2Y9.95%
EPS Next 3Y13.91%
EPS Next 5YN/A
Revenue Next Year23.7%
Revenue Next 2Y21.48%
Revenue Next 3Y19.73%
Revenue Next 5YN/A
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 14.67, the valuation of MNSO can be described as correct.
- Compared to the rest of the industry, the Price/Earnings ratio of MNSO indicates a rather cheap valuation: MNSO is cheaper than 83.33% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of MNSO to the average of the S&P500 Index (27.54), we can say MNSO is valued slightly cheaper.
- The Price/Forward Earnings ratio is 12.58, which indicates a correct valuation of MNSO.
- Based on the Price/Forward Earnings ratio, MNSO is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 24.31. MNSO is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.67 | ||
| Fwd PE | 12.58 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MNSO is valued a bit cheaper than 73.33% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MNSO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.98 | ||
| EV/EBITDA | 10.53 |
4.3 Compensation for Growth
- The excellent profitability rating of MNSO may justify a higher PE ratio.
- MNSO's earnings are expected to grow with 13.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.95%
EPS Next 3Y13.91%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.16%, MNSO has a reasonable but not impressive dividend return.
- MNSO's Dividend Yield is rather good when compared to the industry average which is at 2.24. MNSO pays more dividend than 93.33% of the companies in the same industry.
- MNSO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
5.2 History
- MNSO has been paying a dividend for over 5 years, so it has already some track record.
- MNSO has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- 56.42% of the earnings are spent on dividend by MNSO. This is a bit on the high side, but may be sustainable.
DP56.42%
EPS Next 2Y9.95%
EPS Next 3Y13.91%
NYSE:MNSO (1/16/2026, 12:48:15 PM)
19.22
-0.42 (-2.14%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)11-21 2025-11-21/bmo
Earnings (Next)03-21 2026-03-21/amc
Inst Owners15.28%
Inst Owner Change0.05%
Ins Owners48.09%
Ins Owner ChangeN/A
Market Cap5.85B
Revenue(TTM)19.90B
Net Income(TTM)2.35B
Analysts85.6
Price Target21.63 (12.54%)
Short Float %2.69%
Short Ratio4.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
Yearly Dividend0.57
Dividend Growth(5Y)N/A
DP56.42%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)27.45%
Min EPS beat(2)2.4%
Max EPS beat(2)52.51%
EPS beat(4)3
Avg EPS beat(4)13.25%
Min EPS beat(4)-5.58%
Max EPS beat(4)52.51%
EPS beat(8)6
Avg EPS beat(8)6.97%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.49%
Min Revenue beat(2)-1.53%
Max Revenue beat(2)0.55%
Revenue beat(4)1
Avg Revenue beat(4)-2.21%
Min Revenue beat(4)-5%
Max Revenue beat(4)0.55%
Revenue beat(8)3
Avg Revenue beat(8)-1.23%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-7.37%
PT rev (3m)-9.26%
EPS NQ rev (1m)-0.04%
EPS NQ rev (3m)4.03%
EPS NY rev (1m)-3.72%
EPS NY rev (3m)-9.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.67 | ||
| Fwd PE | 12.58 | ||
| P/S | 2.19 | ||
| P/FCF | 40.98 | ||
| P/OCF | 21.57 | ||
| P/B | 3.75 | ||
| P/tB | 3.77 | ||
| EV/EBITDA | 10.53 |
EPS(TTM)1.31
EY6.82%
EPS(NY)1.53
Fwd EY7.95%
FCF(TTM)0.47
FCFY2.44%
OCF(TTM)0.89
OCFY4.64%
SpS8.79
BVpS5.12
TBVpS5.09
PEG (NY)N/A
PEG (5Y)N/A
Graham Number12.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.83% | ||
| ROE | 21.69% | ||
| ROCE | 16.91% | ||
| ROIC | 13.11% | ||
| ROICexc | 20.89% | ||
| ROICexgc | 20.98% | ||
| OM | 18.18% | ||
| PM (TTM) | 12.63% | ||
| GM | 45.12% | ||
| FCFM | 5.34% |
ROA(3y)11.09%
ROA(5y)3.11%
ROE(3y)18.11%
ROE(5y)N/A
ROIC(3y)15.21%
ROIC(5y)14.47%
ROICexc(3y)50.75%
ROICexc(5y)N/A
ROICexgc(3y)51.79%
ROICexgc(5y)N/A
ROCE(3y)19.61%
ROCE(5y)18.67%
ROICexgc growth 3YN/A
ROICexgc growth 5Y-56.57%
ROICexc growth 3YN/A
ROICexc growth 5Y-46.7%
OM growth 3Y62.12%
OM growth 5Y11.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y18.81%
GM growth 5Y10.95%
F-Score4
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 10.42 | ||
| Debt/EBITDA | 1.85 | ||
| Cap/Depr | 110.61% | ||
| Cap/Sales | 4.8% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 45.02% | ||
| Profit Quality | 42.25% | ||
| Current Ratio | 1.92 | ||
| Quick Ratio | 1.5 | ||
| Altman-Z | 3.34 |
F-Score4
WACC7.57%
ROIC/WACC1.73
Cap/Depr(3y)71.07%
Cap/Depr(5y)N/A
Cap/Sales(3y)2.96%
Cap/Sales(5y)2.3%
Profit Quality(3y)104.32%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)13.01%
EPS 3Y73.72%
EPS 5YN/A
EPS Q2Q%12.73%
EPS Next Y-6.88%
EPS Next 2Y9.95%
EPS Next 3Y13.91%
EPS Next 5YN/A
Revenue 1Y (TTM)23.44%
Revenue growth 3Y23.27%
Revenue growth 5Y12.59%
Sales Q2Q%28.17%
Revenue Next Year23.7%
Revenue Next 2Y21.48%
Revenue Next 3Y19.73%
Revenue Next 5YN/A
EBIT growth 1Y10.76%
EBIT growth 3Y99.85%
EBIT growth 5Y25.86%
EBIT Next Year20.86%
EBIT Next 3Y22.15%
EBIT Next 5YN/A
FCF growth 1Y-5.77%
FCF growth 3Y24.07%
FCF growth 5Y8.79%
OCF growth 1Y30.15%
OCF growth 3Y33.26%
OCF growth 5Y15.86%
MINISO GROUP HOLDING LTD-ADR / MNSO FAQ
What is the ChartMill fundamental rating of MINISO GROUP HOLDING LTD-ADR (MNSO) stock?
ChartMill assigns a fundamental rating of 7 / 10 to MNSO.
Can you provide the valuation status for MINISO GROUP HOLDING LTD-ADR?
ChartMill assigns a valuation rating of 5 / 10 to MINISO GROUP HOLDING LTD-ADR (MNSO). This can be considered as Fairly Valued.
What is the profitability of MNSO stock?
MINISO GROUP HOLDING LTD-ADR (MNSO) has a profitability rating of 8 / 10.
What is the financial health of MINISO GROUP HOLDING LTD-ADR (MNSO) stock?
The financial health rating of MINISO GROUP HOLDING LTD-ADR (MNSO) is 5 / 10.
Can you provide the expected EPS growth for MNSO stock?
The Earnings per Share (EPS) of MINISO GROUP HOLDING LTD-ADR (MNSO) is expected to decline by -6.88% in the next year.