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MING SHING GROUP HOLDINGS LT (MSW) Stock Fundamental Analysis

USA - NASDAQ:MSW - KYG614401068 - Common Stock

2.1 USD
+0.08 (+3.96%)
Last: 11/6/2025, 8:00:01 PM
2.1 USD
0 (0%)
After Hours: 11/6/2025, 8:00:01 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to MSW. MSW was compared to 55 industry peers in the Construction & Engineering industry. While MSW is still in line with the averages on profitability rating, there are concerns on its financial health. MSW has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

In the past year MSW was profitable.
In the past year MSW has reported a negative 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 2025 0 2M -2M -4M -6M

1.2 Ratios

MSW's Return On Assets of 24.87% is amongst the best of the industry. MSW outperforms 98.18% of its industry peers.
MSW has a Return On Equity of 339.28%. This is amongst the best in the industry. MSW outperforms 100.00% of its industry peers.
MSW has a Return On Invested Capital of 92.87%. This is amongst the best in the industry. MSW outperforms 100.00% of its industry peers.
Industry RankSector Rank
ROA 24.87%
ROE 339.28%
ROIC 92.87%
ROA(3y)3.51%
ROA(5y)N/A
ROE(3y)126.2%
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

With a decent Profit Margin value of 8.19%, MSW is doing good in the industry, outperforming 80.00% of the companies in the same industry.
Looking at the Operating Margin, with a value of 11.35%, MSW belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
MSW has a Gross Margin of 17.24%. This is comparable to the rest of the industry: MSW outperforms 52.73% of its industry peers.
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

3

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MSW is creating value.
Compared to 1 year ago, MSW has more shares outstanding
The debt/assets ratio for MSW has been reduced compared to a year ago.
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

MSW has an Altman-Z score of 4.90. This indicates that MSW is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of MSW (4.90) is better than 70.91% of its industry peers.
MSW has a Debt/Equity ratio of 2.96. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of MSW (2.96) is worse than 76.36% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.96
Debt/FCF N/A
Altman-Z 4.9
ROIC/WACC9.12
WACC10.18%
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 1.08 indicates that MSW should not have too much problems paying its short term obligations.
MSW's Current ratio of 1.08 is on the low side compared to the rest of the industry. MSW is outperformed by 65.45% of its industry peers.
MSW has a Quick Ratio of 1.08. 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 1.08, MSW is doing worse than 61.82% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.08
Quick Ratio 1.08
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 10M

3

3. Growth

3.1 Past

MSW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -364.99%.
Looking at the last year, MSW shows a very strong growth in Revenue. The Revenue has grown by 22.77%.
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)-364.99%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-16.51%
Revenue 1Y (TTM)22.77%
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

3

4. Valuation

4.1 Price/Earnings Ratio

MSW is valuated reasonably with a Price/Earnings ratio of 8.08.
MSW's Price/Earnings ratio is rather cheap when compared to the industry. MSW is 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 (25.67), we can say MSW is valued rather cheaply.
Industry RankSector Rank
PE 8.08
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 96.36% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 7.05
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

0

5. Dividend

5.1 Amount

MSW does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

MING SHING GROUP HOLDINGS LT

NASDAQ:MSW (11/6/2025, 8:00:01 PM)

After market: 2.1 0 (0%)

2.1

+0.08 (+3.96%)

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 Cap27.24M
Revenue(TTM)40.78M
Net Income(TTM)3.34M
AnalystsN/A
Price TargetN/A
Short Float %1.29%
Short Ratio0.22
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 8.08
Fwd PE N/A
P/S 0.67
P/FCF N/A
P/OCF N/A
P/B 27.68
P/tB 27.68
EV/EBITDA 7.05
EPS(TTM)0.26
EY12.38%
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 24.87%
ROE 339.28%
ROCE 118.77%
ROIC 92.87%
ROICexc 99.23%
ROICexgc 99.23%
OM 11.35%
PM (TTM) 8.19%
GM 17.24%
FCFM N/A
ROA(3y)3.51%
ROA(5y)N/A
ROE(3y)126.2%
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 Turnover3.04
Health
Industry RankSector Rank
Debt/Equity 2.96
Debt/FCF N/A
Debt/EBITDA 0.61
Cap/Depr 0%
Cap/Sales 0%
Interest Coverage 9.1
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.08
Quick Ratio 1.08
Altman-Z 4.9
F-Score4
WACC10.18%
ROIC/WACC9.12
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)-364.99%
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)22.77%
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 1Y-202.51%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-708.38%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-424.32%
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.