Stock 1999 MAN WAH HOLDINGS LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Man Wah Holdings Limited

Equities

1999

BMG5800U1071

Home Furnishings

Market Closed - Hong Kong S.E.
Other stock markets
 04:08:32 2024-05-29 am EDT 		5-day change 1st Jan Change
6.76 HKD -1.02% Intraday chart for Man Wah Holdings Limited -3.57% +26.36%
May. 16 Man Wah Posts Higher Profit, Revenue in Fiscal Year 2023, Stock Prices up by 3% MT
May. 16 Man Wah Holdings Limited Proposes Final Dividend for the Year Ended 31 March 2024, Payable on 2 July 2024 CI

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 17,586 16,133 63,816 33,573 25,369 26,212 - -
Enterprise Value (EV) 1 20,701 18,150 64,110 35,077 25,807 21,404 25,536 23,593
P/E ratio 12.9 x 9.91 x 32.2 x 15.1 x 13.3 x 9.34 x 10.3 x 9.28 x
Yield 2.61% 4.47% 1.61% 3.49% 3.86% 4.45% 4.89% 5.45%
Capitalization / Revenue 1.56 x 1.33 x 3.88 x 1.56 x 1.46 x 1.16 x 1.31 x 1.21 x
EV / Revenue 1.84 x 1.49 x 3.9 x 1.63 x 1.49 x 1.16 x 1.28 x 1.09 x
EV / EBITDA 10.1 x 7.14 x 22.6 x 9.81 x 8.08 x 5.89 x 6.53 x 5.57 x
EV / FCF 280 x 9.83 x 97.7 x 59.9 x 10.3 x 15.5 x 18.3 x 14.4 x
FCF Yield 0.36% 10.2% 1.02% 1.67% 9.7% 6.46% 5.46% 6.93%
Price to Book 2.83 x 2.42 x 5.75 x 2.9 x 2.2 x 2.05 x 1.92 x 1.71 x
Nbr of stocks (in thousands) 3,823,123 3,795,940 3,958,795 3,908,340 3,920,950 3,877,538 - -
Reference price 2 4.600 4.250 16.12 8.590 6.470 6.760 6.760 6.760
Announcement Date 5/21/19 5/15/20 5/14/21 5/16/22 5/15/23 5/16/24 - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 11,258 12,144 16,434 21,497 17,351 18,411 19,971 21,580
EBITDA 1 2,052 2,543 2,841 3,574 3,194 3,634 3,910 4,233
EBIT 1 1,795 2,264 2,451 2,890 2,510 3,061 3,330 3,648
Operating Margin 15.95% 18.65% 14.91% 13.44% 14.46% 16.63% 16.68% 16.91%
Earnings before Tax (EBT) 1 1,716 2,109 2,360 2,819 2,355 2,864 3,186 3,513
Net income 1 1,364 1,638 1,925 2,247 1,915 2,302 2,551 2,830
Net margin 12.11% 13.49% 11.71% 10.46% 11.04% 12.51% 12.77% 13.11%
EPS 2 0.3560 0.4287 0.5010 0.5677 0.4877 0.5908 0.6574 0.7288
Free Cash Flow 1 74.01 1,847 656.2 585.9 2,504 1,654 1,396 1,635
FCF margin 0.66% 15.2% 3.99% 2.73% 14.43% 9.09% 6.99% 7.58%
FCF Conversion (EBITDA) 3.61% 72.62% 23.1% 16.39% 78.38% 45.73% 35.69% 38.62%
FCF Conversion (Net income) 5.43% 112.73% 34.1% 26.07% 130.75% 73.81% 54.7% 57.78%
Dividend per Share 2 0.1200 0.1900 0.2600 0.3000 0.2500 0.3011 0.3308 0.3683
Announcement Date 5/21/19 5/15/20 5/14/21 5/16/22 5/15/23 5/16/24 - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 1 5,593 6,552 6,637 9,797 10,214 11,282 9,289 8,062 8,938 9,474 9,064 9,942
EBITDA - 1,406 - - 1,468 - - - - - - -
EBIT 1 - 1,274 - 1,477 1,151 1,598 1,420 1,090 1,509 1,552 1,422 1,546
Operating Margin - 19.44% - 15.07% 11.26% 14.17% 15.28% 13.52% 16.89% 16.38% 15.69% 15.55%
Earnings before Tax (EBT) - 1,201 - - 1,263 - - - - - - -
Net income 705.7 932.4 - - 988.1 - 1,092 - - - - -
Net margin 12.62% 14.23% - - 9.67% - 11.76% - - - - -
EPS - - - - - - 0.2778 - - - - -
Dividend per Share - - - - - - - - - - - -
Announcement Date 11/15/19 5/15/20 11/30/21 5/14/21 11/12/21 5/16/22 11/15/22 5/15/23 11/15/23 5/16/24 - -
1HKD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,114 2,017 294 1,504 438 - - -
Net Cash position 1 - - - - - 618 676 2,619
Leverage (Debt/EBITDA) 1.517 x 0.7934 x 0.1034 x 0.4208 x 0.1372 x - - -
Free Cash Flow 1 74 1,847 656 586 2,504 1,655 1,396 1,635
ROE (net income / shareholders' equity) 22.4% 25.3% 22.1% 20% 16.5% 18.3% 18.8% 18.8%
ROA (Net income/ Total Assets) 12.1% 12.4% 12.6% 11.8% 9.54% 12.8% 12.7% 12.8%
Assets 1 11,308 13,180 15,323 18,980 20,081 17,489 20,127 22,065
Book Value Per Share 2 1.620 1.760 2.810 2.960 2.950 3.290 3.520 3.950
Cash Flow per Share 2 0.2900 0.7000 0.5000 0.5900 1.030 0.7700 0.8600 0.9000
Capex 1 1,055 836 1,266 1,738 1,555 1,186 1,097 818
Capex / Sales 9.37% 6.88% 7.7% 8.08% 8.96% 6.52% 5.49% 3.79%
Announcement Date 5/21/19 5/15/20 5/14/21 5/16/22 5/15/23 5/16/24 - -
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Man Wah Holdings Limited

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
6.76 HKD
Average target price
8.4 HKD
Spread / Average Target
+24.26%
Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Other Home Furnishings

1st Jan change Capi.
MAN WAH HOLDINGS LIMITED Stock Man Wah Holdings Limited
+26.36% 3.39B
LEGGETT & PLATT, INCORPORATED Stock Leggett & Platt, Incorporated
-60.32% 1.38B
ZIEL HOME FURNISHING TECHNOLOGY CO., LTD. Stock Ziel Home Furnishing Technology Co., Ltd.
+2.01% 1.33B
LUOLAI LIFESTYLE TECHNOLOGY CO., LTD. Stock Luolai Lifestyle Technology Co., Ltd.
-3.98% 1.03B
SHANGHAI SHUIXING HOME TEXTILE CO., LTD. Stock Shanghai Shuixing Home Textile Co., Ltd.
+31.36% 685M
LOCTEK ERGONOMIC TECHNOLOGY CORP. Stock Loctek Ergonomic Technology Corp.
-10.94% 683M
VICTORIAN PLUMBING GROUP PLC Stock Victorian Plumbing Group plc
+6.89% 406M
DER FUTURE SCIENCE AND TECHNOLOGY HOLDING GROUP CO., LTD. Stock Der Future Science and Technology Holding Group Co., Ltd.
-26.84% 402M
ZHEJIANG ZHENGTE CO., LTD. Stock Zhejiang Zhengte Co., Ltd.
-8.74% 333M
VICTORIA PLC Stock Victoria PLC
-25.50% 328M
Other Home Furnishings
  1. Stock Market
  2. Equities
  3. 1999 Stock
  4. Financials Man Wah Holdings Limited