Financials Mi Ming Mart Holdings Limited

Equities

8473

KYG148491064

Other Specialty Retailers

Market Closed - Hong Kong S.E. 04:09:04 2024-06-07 EDT 5-day change 1st Jan Change
0.115 HKD -2.54% Intraday chart for Mi Ming Mart Holdings Limited -8.73% -11.54%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 582.4 330.4 168 319.2 212.8 190.4
Enterprise Value (EV) 1 499.3 232.2 101.6 222.8 126.1 124.5
P/E ratio 75.6 x 12 x 10.6 x 11.8 x 10.6 x 9.18 x
Yield - 5.08% - 2.11% 3.16% 12.4%
Capitalization / Revenue 4.72 x 2.21 x 1.18 x 2.14 x 1.32 x 1.11 x
EV / Revenue 4.05 x 1.55 x 0.71 x 1.5 x 0.78 x 0.73 x
EV / EBITDA 20.3 x 6.36 x 3.17 x 6.32 x 4.23 x 3.75 x
EV / FCF 33 x 9.98 x 4.15 x 6.13 x 5.67 x 3.26 x
FCF Yield 3.03% 10% 24.1% 16.3% 17.6% 30.7%
Price to Book 5.92 x 2.85 x 1.34 x 2.1 x 1.46 x 1.31 x
Nbr of stocks (in thousands) 1,120,000 1,120,000 1,120,000 1,120,000 1,120,000 1,120,000
Reference price 2 0.5200 0.2950 0.1500 0.2850 0.1900 0.1700
Announcement Date 18-06-28 19-06-26 20-06-29 21-06-29 22-06-28 23-06-28
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 123.4 149.7 142.5 148.9 161 171.4
EBITDA 1 24.61 36.53 32.07 35.27 29.85 33.23
EBIT 1 21.81 34.13 28.31 31.14 25.36 28.27
Operating Margin 17.67% 22.8% 19.87% 20.91% 15.75% 16.5%
Earnings before Tax (EBT) 1 9.733 33.45 20.73 32.54 24.27 25.05
Net income 1 6.035 27.63 15.85 27.14 20.12 20.74
Net margin 4.89% 18.45% 11.13% 18.22% 12.49% 12.1%
EPS 2 0.006882 0.0247 0.0142 0.0242 0.0180 0.0185
Free Cash Flow 1 15.14 23.26 24.49 36.36 22.26 38.15
FCF margin 12.27% 15.54% 17.19% 24.41% 13.82% 22.26%
FCF Conversion (EBITDA) 61.54% 63.68% 76.35% 103.09% 74.56% 114.79%
FCF Conversion (Net income) 250.94% 84.19% 154.47% 133.97% 110.62% 183.93%
Dividend per Share - 0.0150 - 0.006000 0.006000 0.0210
Announcement Date 18-06-28 19-06-26 20-06-29 21-06-29 22-06-28 23-06-28
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 83.1 98.2 66.4 96.4 86.7 65.9
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 15.1 23.3 24.5 36.4 22.3 38.1
ROE (net income / shareholders' equity) 9.66% 25.8% 13.2% 19.6% 13.5% 14.3%
ROA (Net income/ Total Assets) 19% 18.3% 13% 11.9% 8.82% 9.95%
Assets 1 31.69 151 122 228 228.3 208.5
Book Value Per Share 2 0.0900 0.1000 0.1100 0.1400 0.1300 0.1300
Cash Flow per Share 2 0.0700 0.0900 0.0700 0.1000 0.0600 0.0600
Capex 1 1.82 2.62 6.42 2.2 11.1 1.86
Capex / Sales 1.47% 1.75% 4.5% 1.48% 6.92% 1.09%
Announcement Date 18-06-28 19-06-26 20-06-29 21-06-29 22-06-28 23-06-28
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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