Man Wah Holdings (MAWHY) AI Stock Analysis

• Market Cap: $2.39B
• Dividend Yield: 5.43%
• Average Volume (3M): 56.00
• Price to Earnings (P/E): 8.1
• Beta (1Y): 0.86
• Revenue Growth: 4.82%
• EPS Growth: 19.01%
• Country: US
• Employees: 26,813
• Sector: Consumer Cyclical
• Sector Strength: 53
• Industry: Home and Homeware
• EPS (TTM): 1.52
• Shares Outstanding: 193,904,160
• 10 Day Avg. Volume: 29
• 30 Day Avg. Volume: 56
• PEG Ratio: 0.43
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1.33
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Man Wah Holdings shows strong financial performance with notable profitability and balance sheet strength, although cash flow management needs improvement. The stock has an attractive valuation, with a low P/E ratio and high dividend yield, which could appeal to value and income investors. Despite some technical indicators suggesting bearish sentiment, the overall outlook remains positive due to financial and valuation strengths.

Man Wah Holdings Business Overview & Revenue Model

Company Description

Man Wah Holdings (MAWHY) is a leading furniture manufacturer and retailer, primarily known for its comprehensive range of upholstered furniture. The company specializes in the production of sofas, sofa beds, and other related products, catering to both domestic and international markets. With a strong focus on innovation and quality, Man Wah Holdings operates across various sectors including manufacturing, wholesale, and retail, serving a diverse customer base around the world.

How the Company Makes Money

Man Wah Holdings generates revenue through multiple streams, primarily focusing on the manufacturing and sale of upholstered furniture. The company earns money by producing and distributing its products to wholesalers, retailers, and direct consumers. Additionally, Man Wah Holdings has established significant partnerships and distribution networks that facilitate the sale of its products globally, enhancing its market presence and revenue potential. The company also benefits from its vertically integrated operations, which help in maintaining cost efficiencies and competitive pricing, further contributing to its profitability. Key factors contributing to its earnings include its strong brand reputation, a wide distribution network, and continuous product innovation.

Man Wah Holdings Financial Statement Overview

Summary

Man Wah Holdings demonstrates strong financial performance with impressive profitability and a solid balance sheet. While the income statement and balance sheet reflect a well-managed and stable company, the cash flow statement highlights some areas for improvement, particularly in free cash flow management. Overall, the company is in a strong financial position with a positive outlook, but attention to cash flow efficiency could enhance financial resilience further.

Income Statement

Man Wah Holdings has shown robust performance in its income statement with consistent revenue growth and solid profitability margins. The gross profit margin stands at 39.36% as of the latest annual report, indicating effective cost management. The net profit margin of 12.50% showcases strong earnings relative to revenue. The company also demonstrated growth, with a 6.11% revenue increase over the previous year, highlighting a positive trajectory. The EBIT and EBITDA margins are healthy at 16.63% and 19.75%, respectively, reflecting steady operational efficiency. Overall, the income statement reflects a well-managed and profitable business.

Balance Sheet

The balance sheet of Man Wah Holdings is strong, with a low debt-to-equity ratio of 0.36, indicating prudent leverage management. The equity ratio is robust at 61.01%, suggesting a solid capital base. Return on equity is impressive at 19.05%, reflecting efficient utilization of shareholders' funds to generate profits. This financial health provides a stable foundation for future growth and reduces financial risks associated with high leverage. Overall, the balance sheet reflects a well-capitalized company with sound financial stability.

Cash Flow

Cash flow analysis shows that Man Wah Holdings has faced some challenges in terms of cash flow management. The free cash flow growth rate has seen a significant decline, pointing to potential issues in cash generation relative to previous periods. However, the operating cash flow to net income ratio of 1.11 indicates sufficient cash generation from operations to cover net income, and the free cash flow to net income ratio of 0.43 shows room for improvement. While operational cash flows remain positive, the company needs to focus on enhancing free cash flow for better financial flexibility.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
31.78B	18.41B	17.35B	21.50B	16.43B	12.14B
	Gross Profit
11.79B	7.25B	6.68B	7.89B	5.93B	4.42B
	EBIT
4.12B	3.06B	2.51B	2.89B	2.45B	2.26B
	EBITDA
3.46B	3.64B	3.20B	3.58B	2.95B	2.66B
	Net Income Common Stockholders
3.42B	2.30B	1.91B	2.25B	1.92B	1.64B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.52B	3.52B	4.08B	3.22B	3.67B	2.23B
	Total Assets
19.81B	19.81B	19.64B	20.52B	17.44B	13.21B
	Total Debt
4.33B	4.33B	4.40B	4.61B	3.64B	4.04B
	Net Debt
1.05B	1.05B	661.19M	1.78B	1.23B	2.02B
	Total Liabilities
6.73B	6.73B	7.11B	7.77B	6.03B	5.98B
	Stockholders Equity
12.08B	12.08B	11.56B	11.71B	10.74B	6.70B
Cash Flow		Free Cash Flow
1.11B	985.45M	2.50B	363.28M	492.23M	1.84B
	Operating Cash Flow
4.00B	2.55B	4.06B	2.32B	1.92B	2.68B
	Investing Cash Flow
-2.51B	-1.54B	-1.66B	-1.10B	-2.72B	-686.30M
	Financing Cash Flow
-1.43B	-1.28B	-1.33B	-844.19M	1.11B	-1.28B

Man Wah Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.31
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MAWHY, the sentiment is Positive. The current price of 12.31 is above the 20-day moving average (MA) of 11.81, above the 50-day MA of 11.90, and below the 200-day MA of 12.68, indicating a neutral trend. The MACD of 0.10 indicates Negative momentum. The RSI at 55.27 is Neutral, neither overbought nor oversold. The STOCH value of 58.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MAWHY.

Man Wah Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LZB	75 Outperform	$1.70B	14.29	12.40%	1.97%	1.81%	8.09%
MAWHY	73 Outperform	$2.39B	8.14	18.95%	5.43%	4.82%	19.01%
LEG	60 Neutral	$1.16B	―	-50.58%	7.08%	-7.28%	-272.76%
Sector *	60 Neutral	$13.01B	10.45	0.79%	3.53%	1.60%	-22.47%
HNI	52 Neutral	$2.08B	15.65	17.42%	2.93%	3.80%	182.70%
HOFT	47 Neutral	$137.95M	―	-4.47%	7.42%	-16.67%	-24.91%
SNBR	41 Neutral	$169.35M	―	9.10%	―	-11.28%	-1004.59%