Friday 6 November 2026
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Ming Shing Group Holdings Limited
PMA Industrials Engineering & Construction
Ming Shing Group Holdings Limited’s revenue for fiscal 2026 (year ended March 2026) was $14.6 million, down 56.8% from fiscal 2025.
1.23
0.07
−5.38%
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Analyst price targets
Free accountTen years at a glance Fiscal years to March
| Ten-year view | Analyst estimates Powerpack | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | |||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | 22 | 22 | 28 | 34 | 15 | (9.6%) | — | — | — | — | |
| Gross margin, % | — | — | — | — | — | 15.98 | 15.98 | 18.47 | (3.86) | (18.39) | (34.4) pt | ||||||
| EBT | — | — | — | — | — | 3 | (2) | 3 | (6) | (6) | n/m | ||||||
| EBT margin, % | — | — | — | — | — | 14.89 | 0.00 | 10.79 | (17.17) | (39.31) | (54.2) pt | ||||||
| Net income | — | — | — | — | — | 0 | 0 | 2 | (6) | (6) | n/m | ||||||
| Per share, $ | |||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 0.00 | 1.94 | 2.45 | 2.86 | 1.13 | n/m | |||||
| Earnings | — | — | — | — | — | — | 0.25 | 0.21 | (0.48) | (0.44) | n/m | ||||||
| Cash flow | — | — | — | — | — | — | 0.07 | 0.22 | (0.67) | 0.06 | (5.1%) | ||||||
| Capex | — | — | — | — | — | — | 0.00 | (0.10) | 0.00 | 0.00 | n/m | ||||||
| Free cash flow | — | — | — | — | — | — | 0.07 | 0.12 | (0.67) | 0.06 | (4.5%) | ||||||
| Book value | — | — | — | — | — | 0.00 | 0.03 | 0.09 | 0.08 | (0.37) | n/m | ||||||
| Shares, m | — | — | — | — | — | — | 11 | 11 | 12 | 13 | +4.9% | ||||||
| Valuation, × | |||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | — | — | — | — | |||||
| P/S | — | — | — | — | — | — | — | — | — | — | — | ||||||
| P/B | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/Sales | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/FCF | — | — | — | — | — | 0.00 | 0.00 | 0.00 | (1.78) | (0.76) | (0.5) | ||||||
| Cash, $m | |||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | 1 | 2 | (8) | 1 | (0.5%) | |||||
| Capex | — | — | — | — | — | — | 0 | (1) | 0 | — | n/m | ||||||
| Free cash flow | — | — | — | — | — | — | 1 | 1 | (8) | 1 | +0.1% | ||||||
| Balance, $m | |||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | 1 | 2 | 1 | 1 | (2) | n/m | |||||
| Net debt | — | — | — | — | — | 1 | 5 | 6 | 7 | 5 | +46.6% | ||||||
| Shareholders’ equity | — | — | — | — | — | 0 | 0 | 1 | 1 | (5) | n/m | ||||||
| Returns, % | |||||||||||||||||
| Returns, % | ROA | — | — | — | — | — | 0.00 | 46.88 | 34.39 | (45.28) | (59.73) | (59.7) pt | |||||
| ROIC | — | — | — | — | — | 105.90 | 0.00 | 29.47 | (39.80) | (526.78) | (632.7) pt | ||||||
| ROE | — | — | — | — | — | 0.00 | 0.00 | 336.90 | (578.20) | 303.69 | +303.7 pt | ||||||
| People | |||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 32 | 35 | 15 | (31.5%) | |||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.00 | 0.86 | 0.97 | 0.98 | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Mar 2026
Ming Shing Group Holdings Limited vs peers in Engineering & Construction (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SLND Southland Holdings, Inc. | $37.3M | — (loss-making) | — (loss-making) | −47.39% (below 0%: shrinking) | n/m | −432.89% (below 0%: shrinking) | (62.87%) | (77.61%) | Compare |
| KAZR Skyline Builders Group Holding Limited | $22.6M | — | — | — | — | +53.58% (above 0%: growing) | — | — | Compare |
| ONEG OneConstruction Group Limited | $20.3M | — | — | — | — | — | — | — | Compare |
| PMA Ming Shing Group Holdings Limited | $16.0M | — | — | — | — | −40.23% (below 0%: shrinking) | — | — | |
| FFTT Masonglory Limited | $15.3M | — | — | — | — | −247.24% (below 0%: shrinking) | — | — | Compare |
| ZDAI DirectBooking Technology Co., Ltd. | $11.6M | — | — | — | — | −262.93% (below 0%: shrinking) | — | — | Compare |
| AXNX Axonex AI Group Limited | $7.0M | — | — | — | — | — | — | — | Compare |
| OFAL OFA Group | $6.2M | — | — | — | n/m | −421.52% (below 0%: shrinking) | 73.15% | (12,779.87%) | Compare |
| RITRF Reitar Logtech Holdings Limited | $4.8M | — | — | — | — | −303.59% (below 0%: shrinking) | — | — | Compare |
| Median of peers | $13.5M | — | — | — | — | −283.26% | — | — |