Latest Ratios: P/E Ratio 1.2x · EV/EBITDA 0.5x · ROE 32.3%. (2021–2023 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Market Cap | $2M | — | — | — |
| Enterprise Value | $1M | — | — | — |
| P/E Ratio → | 1.19 | — | — | — |
| P/S Ratio | 0.11 | — | — | — |
| P/B Ratio | 0.33 | — | — | — |
| P/FCF | — | — | — | — |
| P/OCF | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| EV / Revenue | — | — | — | — |
| EV / EBITDA | 0.54 | — | — | — |
| EV / EBIT | 0.54 | — | — | — |
| EV / FCF | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Gross Margin | 16.8% | 16.8% | 20.0% | 21.5% |
| Operating Margin | 11.7% | 11.7% | 16.2% | 11.1% |
| Net Profit Margin | 9.7% | 9.7% | 11.4% | 15.9% |
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ROE | 32.3% | 32.3% | 47.2% | 55.1% |
| ROA | 16.0% | 16.0% | 20.6% | 23.6% |
| ROIC | 37.1% | 37.1% | 68.2% | 33.0% |
| ROCE | 38.6% | 38.6% | 67.6% | 38.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.01 | — | 0.00 |
| Debt / EBITDA | 0.04 | 0.04 | — | 0.00 |
| Net Debt / Equity | — | -0.13 | -0.34 | -0.13 |
| Net Debt / EBITDA | -0.37 | -0.37 | -0.61 | -0.34 |
| Debt / FCF | — | — | -0.66 | -0.30 |
| Interest Coverage | 6460.27 | 6460.27 | 30423.89 | 2790.43 |
Net cash position: cash ($4M) exceeds total debt ($388113)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Current Ratio | 2.09 | 2.09 | 1.75 | 1.75 |
| Quick Ratio | 2.09 | 2.09 | 1.75 | 1.75 |
| Cash Ratio | 0.35 | 0.35 | 0.79 | 0.64 |
| Asset Turnover | — | 1.56 | 1.48 | 1.48 |
| Inventory Turnover | — | — | — | — |
| Days Sales Outstanding | — | 86.03 | 87.46 | 91.77 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Dividend Yield | — | — | — | — |
| Payout Ratio | — | — | — | — |
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Earnings Yield | 84.1% | — | — | — |
| FCF Yield | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — |
| Shares Outstanding | — | $18M | $18M | $18M |
Related party transaction exposure
Based on current market data, MGN trades at a P/S ratio of 0.14 and a P/B of 0.43, suggesting that the market heavily discounts the company's earnings potential compared to broader industrial peers, likely due to its subsidiary status and the inherent opacity of its project-based revenue model.
The extremely low P/E of 1.54 and EV/EBITDA of 0.80 imply that investors are pricing in significant execution risk or potential future earnings volatility. This valuation may reflect a lack of confidence in the sustainability of the current growth trajectory or concerns regarding the quality of earnings derived from related-party contracts.
As reported in financial statements, MGN maintains a 16.76% gross margin, which indicates that the firm operates primarily as a high-volume integrator, passing significant costs through to equipment vendors while capturing value through specialized labor and technical integration within the Malaysian aquaculture sector's unique infrastructure requirements.
The 11.69% operating margin suggests a lean corporate structure, yet it leaves little room for error should specialized labor costs or raw material prices spike. Investors should monitor whether this profitability is being sustained by high-margin machinery rentals or if it is overly reliant on lower-margin construction volume.
According to recent SEC filings, MGN operates with a negligible 0.01% debt-to-equity ratio, which provides significant balance sheet resilience but may also indicate a reliance on parent-company funding or internal capital allocation strategies that could mask the true cost of financing for its large-scale infrastructure projects.
While the lack of debt is a positive indicator of financial health, it warrants further investigation into whether the company utilizes off-balance-sheet financing or receives interest-free loans from Star Sprite Limited. This structure may artificially suppress the true cost of capital and distort the perceived robustness of the company's financial position.
As noted in industry analysis, the market likely misapplies traditional construction P/E multiples to MGN, failing to account for the high-margin 'maintenance tail' generated from servicing specialized aquaculture machinery, which creates a recurring revenue stream that is fundamentally different from one-off civil engineering project cycles.
Using standard construction valuation metrics obscures the defensive nature of MGN's niche, which is tied to non-discretionary food security initiatives rather than the cyclical property market. Analysts should instead focus on the 'Total Hectarage under Maintenance' as a more accurate proxy for long-term value creation than simple earnings multiples.
Includes 30+ ratios · 3 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying MGN stock.
Megan Holdings Limited Ordinary Shares's current P/E ratio is 1.2x. This places it at the 50th percentile of its historical range.
Megan Holdings Limited Ordinary Shares's current EV/EBITDA is 0.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
Megan Holdings Limited Ordinary Shares's return on equity (ROE) is 32.3%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 44.9%.
Based on historical data, Megan Holdings Limited Ordinary Shares is trading at a P/E of 1.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Megan Holdings Limited Ordinary Shares has 16.8% gross margin and 11.7% operating margin. Operating margin between 10-20% is typical for established companies.
Megan Holdings Limited Ordinary Shares's Debt/EBITDA ratio is 0.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.