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MING SHING GROUP HOLDINGS LT (MSW) Stock Fundamental Analysis

NASDAQ:MSW - KYG614401068 - Common Stock

2.09 USD
+0.23 (+12.67%)
Last: 8/29/2025, 8:00:01 PM
2.09 USD
0 (0%)
After Hours: 8/29/2025, 8:00:01 PM
Fundamental Rating

4

Overall MSW gets a fundamental rating of 4 out of 10. We evaluated MSW against 49 industry peers in the Construction & Engineering industry. Both the profitability and the financial health of MSW get a neutral evaluation. Nothing too spectacular is happening here. MSW has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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6

1. Profitability

1.1 Basic Checks

MSW had positive earnings in the past year.
MSW had a positive 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 0 1M 2M 3M

1.2 Ratios

With an excellent Return On Assets value of 19.57%, MSW belongs to the best of the industry, outperforming 97.96% of the companies in the same industry.
With an excellent Return On Equity value of 233.06%, MSW belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
MSW has a Return On Invested Capital of 64.10%. This is amongst the best in the industry. MSW outperforms 97.96% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MSW is significantly above the industry average of 14.54%.
The 3 year average ROIC (90.90%) for MSW is well above the current ROIC(64.10%). The reason for the recent decline needs to be investigated.
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

With an excellent Profit Margin value of 8.44%, MSW belongs to the best of the industry, outperforming 83.67% of the companies in the same industry.
The Operating Margin of MSW (11.77%) is better than 83.67% of its industry peers.
The Gross Margin of MSW (18.47%) is comparable to the rest of the industry.
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

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4

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MSW is creating value.
The number of shares outstanding for MSW remains at a similar level compared to 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 4.77 indicates that MSW is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 4.77, MSW is doing good in the industry, outperforming 75.51% of the companies in the same industry.
MSW has a debt to FCF ratio of 5.37. This is a neutral value as MSW would need 5.37 years to pay back of all of its debts.
MSW has a Debt to FCF ratio (5.37) which is comparable to the rest of the industry.
MSW has a Debt/Equity ratio of 3.15. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of MSW (3.15) is worse than 81.63% of its industry peers.
Industry RankSector Rank
Debt/Equity 3.15
Debt/FCF 5.37
Altman-Z 4.77
ROIC/WACC5.97
WACC10.73%
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.
Looking at the Current ratio, with a value of 1.14, MSW is doing worse than 65.31% of the companies in the same industry.
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 63.27% 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

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1

3. Growth

3.1 Past

MSW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.51%.
Looking at the last year, MSW shows a very strong growth in Revenue. The Revenue has grown by 26.09%.
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

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5

4. Valuation

4.1 Price/Earnings Ratio

MSW is valuated reasonably with a Price/Earnings ratio of 11.61.
Based on the Price/Earnings ratio, MSW is valued cheaper than 95.92% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.08. MSW is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 11.61
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 rather cheap when compared to the industry. MSW is cheaper than 87.76% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MSW is valued a bit cheaper than 73.47% of the companies in the same industry.
Industry RankSector Rank
P/FCF 20.69
EV/EBITDA 8.95
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

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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 (8/29/2025, 8:00:01 PM)

After market: 2.09 0 (0%)

2.09

+0.23 (+12.67%)

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 Cap27.11M
AnalystsN/A
Price TargetN/A
Short Float %2.65%
Short Ratio0.15
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 11.61
Fwd PE N/A
P/S 0.98
P/FCF 20.69
P/OCF 11.03
P/B 27.15
P/tB 27.15
EV/EBITDA 8.95
EPS(TTM)0.18
EY8.61%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.1
FCFY4.83%
OCF(TTM)0.19
OCFY9.06%
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 4.77
F-Score5
WACC10.73%
ROIC/WACC5.97
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