Why is Ming Fai International Holdings Ltd. ?
1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 14.92
2
The company has declared Positive results for the last 3 consecutive quarters
- OPERATING CASH FLOW(Y) Highest at HKD 396.34 MM
- DIVIDEND PAYOUT RATIO(Y) Highest at 42.67%
- CASH AND EQV(HY) Highest at HKD 432.93 MM
3
With ROE of 10.50%, it has a Very Attractive valuation with a 0.52 Price to Book Value
- Over the past year, while the stock has generated a return of -17.53%, its profits have risen by 48.1% ; the PEG ratio of the company is 0.1
- At the current price, the company has a high dividend yield of 1063.8
How much should you buy?
- Overall Portfolio exposure to Ming Fai International Holdings Ltd. should be less than 10%
- Overall Portfolio exposure to Diversified should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Diversified)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Ming Fai International Holdings Ltd. for you?
Low Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Ming Fai International Holdings Ltd.
-100.0%
0.45
31.54%
Hang Seng Hong Kong
8.25%
0.36
24.71%
Quality key factors
Factor
Value
Sales Growth (5y)
5.37%
EBIT Growth (5y)
1.70%
EBIT to Interest (avg)
14.92
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.24
Sales to Capital Employed (avg)
1.39
Tax Ratio
21.82%
Dividend Payout Ratio
50.53%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.93%
ROE (avg)
5.65%
Valuation Key Factors 
Factor
Value
P/E Ratio
5
Industry P/E
Price to Book Value
0.52
EV to EBIT
2.32
EV to EBITDA
1.63
EV to Capital Employed
0.37
EV to Sales
0.16
PEG Ratio
0.10
Dividend Yield
1063.83%
ROCE (Latest)
16.13%
ROE (Latest)
10.50%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
8What is working for the Company
OPERATING CASH FLOW(Y)
Highest at HKD 396.34 MM
DIVIDEND PAYOUT RATIO(Y)
Highest at 42.67%
CASH AND EQV(HY)
Highest at HKD 432.93 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -30.42 %
INVENTORY TURNOVER RATIO(HY)
Highest at 5.64 times
DEBTORS TURNOVER RATIO(HY)
Highest at 4.06 times
-3What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 6.13% (YoY
OPERATING PROFIT(Q)
Lowest at HKD 71.92 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 6.99 %
Here's what is working for Ming Fai International Holdings Ltd.
Operating Cash Flow
Highest at HKD 396.34 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (HKD MM)
Dividend Payout Ratio
Highest at 42.67% and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Cash and Eqv
Highest at HKD 432.93 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -30.42 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 5.64 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 4.06 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Ming Fai International Holdings Ltd.
Operating Profit
Lowest at HKD 71.92 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (HKD MM)
Operating Profit Margin
Lowest at 6.99 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Raw Material Cost
Grown by 6.13% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales
Non Operating Income
Highest at HKD 0.34 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






