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MING SHING GROUP HOLDINGS LT (MSW) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:MSW - KYG614401068 - Common Stock

1.68 USD
+0.15 (+9.87%)
Last: 11/28/2025, 7:49:16 PM
Fundamental Rating

3

Taking everything into account, MSW scores 3 out of 10 in our fundamental rating. MSW was compared to 55 industry peers in the Construction & Engineering industry. There are concerns on the financial health of MSW while its profitability can be described as average. MSW is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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4

1. Profitability

1.1 Basic Checks

In the past year MSW was profitable.
MSW had a negative operating cash flow in the past year.
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 2025 0 2M -2M -4M -6M

1.2 Ratios

MSW has a Return On Assets of 25.69%. This is amongst the best in the industry. MSW outperforms 98.18% of its industry peers.
Looking at the Return On Equity, with a value of 340.82%, MSW belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
MSW has a better Return On Invested Capital (104.33%) than 100.00% of its industry peers.
Industry RankSector Rank
ROA 25.69%
ROE 340.82%
ROIC 104.33%
ROA(3y)3.05%
ROA(5y)N/A
ROE(3y)125.43%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
MSW Yearly ROA, ROE, ROICMSW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2022 2023 2024 2025 0 500 -500 1K

1.3 Margins

MSW's Profit Margin of 8.19% is fine compared to the rest of the industry. MSW outperforms 78.18% of its industry peers.
The Operating Margin of MSW (11.35%) is better than 81.82% of its industry peers.
With a Gross Margin value of 17.24%, MSW perfoms like the industry average, outperforming 50.91% of the companies in the same industry.
Industry RankSector Rank
OM 11.35%
PM (TTM) 8.19%
GM 17.24%
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 2025 0 10 -10

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3

2. Health

2.1 Basic Checks

MSW has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for MSW has been increased compared to 1 year ago.
Compared to 1 year ago, MSW has a worse debt to assets ratio.
MSW Yearly Shares OutstandingMSW Yearly Shares OutstandingYearly Shares Outstanding 2022 2023 2024 2025 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 2025 2M 4M 6M 8M 10M

2.2 Solvency

An Altman-Z score of 4.72 indicates that MSW is not in any danger for bankruptcy at the moment.
MSW has a better Altman-Z score (4.72) than 72.73% of its industry peers.
MSW has a Debt/Equity ratio of 2.97. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of MSW (2.97) is worse than 76.36% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.97
Debt/FCF N/A
Altman-Z 4.72
ROIC/WACC10.29
WACC10.14%
MSW Yearly LT Debt VS Equity VS FCFMSW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2022 2023 2024 2025 0 2M -2M -4M -6M

2.3 Liquidity

A Current Ratio of 1.05 indicates that MSW should not have too much problems paying its short term obligations.
The Current ratio of MSW (1.05) is worse than 67.27% of its industry peers.
MSW has a Quick Ratio of 1.05. This is a normal value and indicates that MSW is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.05, MSW is doing worse than 65.45% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.05
Quick Ratio 1.05
MSW Yearly Current Assets VS Current LiabilitesMSW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2022 2023 2024 2025 2M 4M 6M 8M

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3

3. Growth

3.1 Past

The earnings per share for MSW have decreased strongly by -29.73% in the last year.
Looking at the last year, MSW shows a very strong growth in Revenue. The Revenue has grown by 24.08%.
Measured over the past years, MSW shows a very strong growth in Revenue. The Revenue has been growing by 33.01% on average per year.
EPS 1Y (TTM)-29.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-18.18%
Revenue 1Y (TTM)24.08%
Revenue growth 3Y33.01%
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 2025 10M 20M 30M

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3

4. Valuation

4.1 Price/Earnings Ratio

MSW is valuated cheaply with a Price/Earnings ratio of 6.46.
Based on the Price/Earnings ratio, MSW is valued cheaper than 96.36% of the companies in the same industry.
When comparing the Price/Earnings ratio of MSW to the average of the S&P500 Index (26.31), we can say MSW is valued rather cheaply.
Industry RankSector Rank
PE 6.46
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

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MSW indicates a rather cheap valuation: MSW is cheaper than 100.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 5.72
MSW Per share dataMSW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

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0

5. Dividend

5.1 Amount

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

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MING SHING GROUP HOLDINGS LT

NASDAQ:MSW (11/28/2025, 7:49:16 PM)

1.68

+0.15 (+9.87%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)08-15 2025-08-15
Earnings (Next)N/A N/A
Inst Owners0.48%
Inst Owner ChangeN/A
Ins Owners81.8%
Ins Owner Change0%
Market Cap21.79M
Revenue(TTM)40.78M
Net Income(TTM)3.34M
AnalystsN/A
Price TargetN/A
Short Float %0.78%
Short Ratio0.37
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
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 6.46
Fwd PE N/A
P/S 0.53
P/FCF N/A
P/OCF N/A
P/B 21.79
P/tB 21.79
EV/EBITDA 5.72
EPS(TTM)0.26
EY15.48%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.61
FCFYN/A
OCF(TTM)-0.61
OCFYN/A
SpS3.14
BVpS0.08
TBVpS0.08
PEG (NY)N/A
PEG (5Y)N/A
Graham Number0.67
Profitability
Industry RankSector Rank
ROA 25.69%
ROE 340.82%
ROCE 133.43%
ROIC 104.33%
ROICexc 112.43%
ROICexgc 112.43%
OM 11.35%
PM (TTM) 8.19%
GM 17.24%
FCFM N/A
ROA(3y)3.05%
ROA(5y)N/A
ROE(3y)125.43%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc 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-Score4
Asset Turnover3.14
Health
Industry RankSector Rank
Debt/Equity 2.97
Debt/FCF N/A
Debt/EBITDA 0.61
Cap/Depr 0%
Cap/Sales 0%
Interest Coverage 9.08
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.05
Quick Ratio 1.05
Altman-Z 4.72
F-Score4
WACC10.14%
ROIC/WACC10.29
Cap/Depr(3y)368.25%
Cap/Depr(5y)N/A
Cap/Sales(3y)1.41%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-29.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-18.18%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)24.08%
Revenue growth 3Y33.01%
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 1Y7.42%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-708.44%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-424.35%
OCF growth 3YN/A
OCF growth 5YN/A

MING SHING GROUP HOLDINGS LT / MSW FAQ

Can you provide the ChartMill fundamental rating for MING SHING GROUP HOLDINGS LT?

ChartMill assigns a fundamental rating of 3 / 10 to MSW.


What is the valuation status of MING SHING GROUP HOLDINGS LT (MSW) stock?

ChartMill assigns a valuation rating of 3 / 10 to MING SHING GROUP HOLDINGS LT (MSW). This can be considered as Overvalued.


What is the profitability of MSW stock?

MING SHING GROUP HOLDINGS LT (MSW) has a profitability rating of 4 / 10.