Logo image of MSW

MING SHING GROUP HOLDINGS LT (MSW) Stock Fundamental Analysis

NASDAQ:MSW - Nasdaq - KYG614401068 - Common Stock - Currency: USD

3.45  +0.07 (+2.07%)

Fundamental Rating

4

MSW gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 51 industry peers in the Construction & Engineering industry. MSW has only an average score on both its financial health and profitability. MSW does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

Quickly go to:

6

1. Profitability

1.1 Basic Checks

In the past year MSW was profitable.
In the past year MSW had a positive cash flow from operations.
MSW Yearly Net Income VS EBIT VS OCF VS FCFMSW Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2022 2023 2024 0 1M 2M 3M

1.2 Ratios

MSW has a Return On Assets of 19.57%. This is amongst the best in the industry. MSW outperforms 98.04% of its industry peers.
MSW has a better Return On Equity (233.06%) than 100.00% of its industry peers.
MSW has a better Return On Invested Capital (64.10%) than 100.00% of its industry peers.
MSW had an Average Return On Invested Capital over the past 3 years of 90.90%. This is significantly above the industry average of 12.16%.
The last Return On Invested Capital (64.10%) for MSW is well below the 3 year average (90.90%), which needs to be investigated, but indicates that MSW had better years and this may not be a problem.
Industry RankSector Rank
ROA 19.57%
ROE 233.06%
ROIC 64.1%
ROA(3y)28.48%
ROA(5y)N/A
ROE(3y)696.52%
ROE(5y)N/A
ROIC(3y)90.9%
ROIC(5y)N/A
MSW Yearly ROA, ROE, ROICMSW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2022 2023 2024 200 400 600 800 1K

1.3 Margins

The Profit Margin of MSW (8.44%) is better than 86.27% of its industry peers.
MSW's Operating Margin of 11.77% is amongst the best of the industry. MSW outperforms 88.24% of its industry peers.
MSW has a Gross Margin of 18.47%. This is comparable to the rest of the industry: MSW outperforms 54.90% of its industry peers.
Industry RankSector Rank
OM 11.77%
PM (TTM) 8.44%
GM 18.47%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
MSW Yearly Profit, Operating, Gross MarginsMSW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2022 2023 2024 5 10 15

More info and screens

5

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MSW is creating value.
MSW has about the same amout of shares outstanding than it did 1 year ago.
Compared to 1 year ago, MSW has an improved debt to assets ratio.
MSW Yearly Shares OutstandingMSW Yearly Shares OutstandingYearly Shares Outstanding 2022 2023 2024 2M 4M 6M 8M 10M
MSW Yearly Total Debt VS Total AssetsMSW Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2022 2023 2024 2M 4M 6M 8M 10M

2.2 Solvency

An Altman-Z score of 5.91 indicates that MSW is not in any danger for bankruptcy at the moment.
The Altman-Z score of MSW (5.91) is better than 92.16% of its industry peers.
The Debt to FCF ratio of MSW is 5.37, which is a neutral value as it means it would take MSW, 5.37 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.37, MSW is in line with its industry, outperforming 56.86% of the companies in the same industry.
MSW has a Debt/Equity ratio of 3.15. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 3.15, MSW is doing worse than 78.43% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 3.15
Debt/FCF 5.37
Altman-Z 5.91
ROIC/WACC7.23
WACC8.87%
MSW Yearly LT Debt VS Equity VS FCFMSW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2022 2023 2024 0 1M 2M 3M

2.3 Liquidity

A Current Ratio of 1.14 indicates that MSW should not have too much problems paying its short term obligations.
MSW has a Current ratio of 1.14. This is in the lower half of the industry: MSW underperforms 64.71% of its industry peers.
A Quick Ratio of 1.14 indicates that MSW should not have too much problems paying its short term obligations.
MSW has a Quick ratio of 1.14. This is in the lower half of the industry: MSW underperforms 60.78% of its industry peers.
Industry RankSector Rank
Current Ratio 1.14
Quick Ratio 1.14
MSW Yearly Current Assets VS Current LiabilitesMSW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2022 2023 2024 2M 4M 6M 8M

More info and screens

1

3. Growth

3.1 Past

The earnings per share for MSW have decreased strongly by -16.51% in the last year.
The Revenue has grown by 26.09% in the past year. This is a very strong growth!
EPS 1Y (TTM)-16.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-16.51%
Revenue 1Y (TTM)26.09%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%26.09%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
MSW Yearly Revenue VS EstimatesMSW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 5M 10M 15M 20M 25M

More info and screens

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 19.17, which indicates a rather expensive current valuation of MSW.
Based on the Price/Earnings ratio, MSW is valued a bit cheaper than the industry average as 68.63% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.29, MSW is valued a bit cheaper.
Industry RankSector Rank
PE 19.17
Fwd PE N/A
MSW Price Earnings VS Forward Price EarningsMSW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

MSW's Enterprise Value to EBITDA ratio is in line with the industry average.
MSW's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 34.16
EV/EBITDA 15.13
MSW Per share dataMSW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1 1.5 2

4.3 Compensation for Growth

The decent profitability rating of MSW may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

No dividends for MSW!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

MING SHING GROUP HOLDINGS LT

NASDAQ:MSW (4/17/2025, 8:00:00 PM)

3.45

+0.07 (+2.07%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners0.65%
Inst Owner ChangeN/A
Ins Owners82.85%
Ins Owner Change0%
Market Cap44.75M
AnalystsN/A
Price TargetN/A
Short Float %5.89%
Short Ratio0.35
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 19.17
Fwd PE N/A
P/S 1.62
P/FCF 34.16
P/OCF 18.21
P/B 44.82
P/tB 44.82
EV/EBITDA 15.13
EPS(TTM)0.18
EY5.22%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.1
FCFY2.93%
OCF(TTM)0.19
OCFY5.49%
SpS2.13
BVpS0.08
TBVpS0.08
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 19.57%
ROE 233.06%
ROCE 78.27%
ROIC 64.1%
ROICexc 86.69%
ROICexgc 86.69%
OM 11.77%
PM (TTM) 8.44%
GM 18.47%
FCFM 4.75%
ROA(3y)28.48%
ROA(5y)N/A
ROE(3y)696.52%
ROE(5y)N/A
ROIC(3y)90.9%
ROIC(5y)N/A
ROICexc(3y)110.08%
ROICexc(5y)N/A
ROICexgc(3y)110.08%
ROICexgc(5y)N/A
ROCE(3y)111%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover2.32
Health
Industry RankSector Rank
Debt/Equity 3.15
Debt/FCF 5.37
Debt/EBITDA 0.94
Cap/Depr 1085.43%
Cap/Sales 4.16%
Interest Coverage 11.35
Cash Conversion 73.31%
Profit Quality 56.3%
Current Ratio 1.14
Quick Ratio 1.14
Altman-Z 5.91
F-Score5
WACC8.87%
ROIC/WACC7.23
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-16.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-16.51%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)26.09%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%26.09%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y23.01%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y67.94%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y208.97%
OCF growth 3YN/A
OCF growth 5YN/A