MWG Chart
About

Multi Ways Holdings Limited engages in the sale and rental of heavy construction equipment in Singapore, Canada, Australia, and internationally. It supplies and rents new and used heavy construction equipment in the infrastructure, building construction, mining, offshore and marine, and oil and gas industries. The company offers earth-moving equipment, such as bulldozers, off-terrain dump trucks, excavators, and wheel loaders; material-handling equipment, including crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts, and telescopic handlers; road-building equipment comprising motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers, and mini excavators; and air compressors, generators, lighting towers, and welding machines. The company was founded in 1988 and is based in Singapore. Multi Ways Holdings Limited is a subsidiary of MWE Investments Limited.

Fundamentals
Scroll to Statements
Sector Industrials Industry Rental & Leasing Service Market Cap 12.73M
Enterprise Value 36.42M Income -2.03M Sales 43.41M
Book/sh 6.46 Cash/sh 1.39 Dividend Yield —
Payout 0.00% Employees 86 IPO —
P/E — Forward P/E — PEG —
P/S 0.29 P/B 0.38 P/C —
EV/EBITDA -313.93 EV/Sales 0.84 Quick Ratio 0.37
Current Ratio 1.54 Debt/Eq 152.24 LT Debt/Eq —
EPS (ttm) -0.65 EPS next Y — EPS Growth 9.85%
Revenue Growth 87.60% Earnings — ROA -0.54%
ROE -9.38% ROIC — Gross Margin 26.36%
Oper. Margin 6.44% Profit Margin -4.67% Shs Outstand 5.13M
Shs Float 1.85M Short Float 2.83% Short Ratio 1.74
Short Interest — 52W High 6.05 52W Low 2.10
Beta 1.09 Avg Volume 572.14K Volume 53.47K
Target Price — Recom None Prev Close $2.13
Price $2.48 Change 16.43%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$2.48
Latest analyst target
3. DCF / Fair value
$-16.59
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.48
Low
—
High
—
Mean
—
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.00827.90K-96.83K29.49K
TaxRateForCalcs0.000.170.340.11
NormalizedEBITDA461.00K-306.00K4.22M4.08M
TotalUnusualItems-911.00K4.87M-285.00K261.00K
TotalUnusualItemsExcludingGoodwill-911.00K4.87M-285.00K261.00K
NetIncomeFromContinuingOperationNetMinorityInterest-2.85M1.79M978.00K1.80M
ReconciledDepreciation1.21M1.77M1.63M1.60M
ReconciledCostOfRevenue21.35M27.37M28.62M24.05M
EBITDA-450.00K4.56M3.93M4.34M
EBIT-1.66M2.79M2.31M2.75M
NetInterestIncome-1.28M-1.05M-748.00K-697.00K
InterestExpense1.50M1.10M748.00K716.00K
InterestIncome220.00K57.00K0.0019.00K
NormalizedIncome-1.94M-2.25M1.17M1.57M
NetIncomeFromContinuingAndDiscontinuedOperation-2.85M1.79M978.00K1.80M
TotalExpenses32.23M38.92M36.58M31.66M
RentExpenseSupplemental784.00K558.00K597.00K684.00K
TotalOperatingIncomeAsReported-1.94M-3.08M1.50M1.63M
DilutedAverageShares29.28M30.84M24.80M
BasicAverageShares29.28M30.84M24.80M
DilutedEPS0.060.030.07
BasicEPS0.060.030.07
DilutedNIAvailtoComStockholders-2.85M1.79M978.00K1.80M
NetIncomeCommonStockholders-2.85M1.79M978.00K1.80M
NetIncome-2.85M1.79M978.00K1.80M
MinorityInterests0.0050.00K-50.00K0.00
NetIncomeIncludingNoncontrollingInterests-2.85M1.74M1.03M1.80M
NetIncomeContinuousOperations-2.85M1.74M1.03M1.80M
TaxProvision-310.00K-53.00K529.00K230.00K
PretaxIncome-3.16M1.69M1.56M2.03M
OtherIncomeExpense-717.00K5.64M528.00K985.00K
OtherNonOperatingIncomeExpenses194.00K769.00K813.00K724.00K
SpecialIncomeCharges-705.00K4.90M-199.00K305.00K
GainOnSaleOfPPE50.00K5.05M2.00K305.00K
WriteOff755.00K151.00K201.00K
GainOnSaleOfSecurity-206.00K-27.00K-86.00K-44.00K
NetNonOperatingInterestIncomeExpense-1.28M-1.05M-748.00K-697.00K
InterestExpenseNonOperating1.50M1.10M748.00K716.00K
InterestIncomeNonOperating220.00K57.00K0.0019.00K
OperatingIncome-1.16M-2.90M1.78M1.74M
OperatingExpense10.88M11.55M7.96M7.61M
OtherOperatingExpenses210.00K248.00K175.00K158.00K
DepreciationAmortizationDepletionIncomeStatement1.21M1.77M1.63M1.60M
DepreciationAndAmortizationInIncomeStatement1.21M1.77M1.63M1.60M
DepreciationIncomeStatement1.21M1.77M1.63M1.60M
SellingGeneralAndAdministration9.46M9.53M6.16M5.86M
SellingAndMarketingExpense1.72M952.00K1.50M1.11M
GeneralAndAdministrativeExpense7.74M8.58M4.66M4.74M
OtherGandA1.62M3.79M744.00K606.00K
SalariesAndWages6.12M4.79M3.92M4.14M
GrossProfit9.71M8.65M9.74M9.36M
CostOfRevenue21.35M27.37M28.62M24.05M
TotalRevenue31.07M36.02M38.36M33.41M
OperatingRevenue31.07M36.02M38.36M33.41M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber33.33M30.84M30.84M30.84M
ShareIssued33.33M30.84M30.84M30.84M
NetDebt9.38M11.03M10.79M
TotalDebt21.91M12.77M17.64M17.94M
TangibleBookValue20.09M21.83M6.26M5.36M
InvestedCapital32.73M26.85M18.30M17.68M
WorkingCapital20.20M20.90M2.89M4.45M
NetTangibleAssets20.09M21.83M6.26M5.36M
CapitalLeaseObligations9.27M7.75M5.60M5.62M
CommonStockEquity20.09M21.83M6.26M5.36M
TotalCapitalization20.09M22.26M9.44M10.27M
TotalEquityGrossMinorityInterest20.09M21.83M6.31M5.36M
MinorityInterest0.000.0050.00K0.00
StockholdersEquity20.09M21.83M6.26M5.36M
GainsLossesNotAffectingRetainedEarnings-234.00K-150.00K-419.00K-345.00K
OtherEquityAdjustments-234.00K-150.00K-419.00K-345.00K
RetainedEarnings170.00K3.02M1.24M257.00K
AdditionalPaidInCapital20.14M18.95M5.44M5.44M
CapitalStock9.00K8.00K6.00K6.00K
CommonStock9.00K8.00K6.00K6.00K
TotalLiabilitiesNetMinorityInterest49.49M36.17M46.47M49.26M
TotalNonCurrentLiabilitiesNetMinorityInterest4.69M4.70M5.29M8.58M
LongTermDebtAndCapitalLeaseObligation4.69M4.70M5.29M8.58M
LongTermCapitalLeaseObligation4.69M4.26M2.11M3.67M
LongTermDebt431.00K3.17M4.91M
CurrentLiabilities44.80M31.48M41.19M40.67M
CurrentDeferredLiabilities5.57M3.24M5.88M10.43M
CurrentDeferredRevenue5.57M3.24M5.88M10.43M
CurrentDebtAndCapitalLeaseObligation17.22M8.07M12.35M9.36M
CurrentCapitalLeaseObligation4.58M3.48M3.48M1.95M
CurrentDebt12.64M4.59M8.86M7.41M
OtherCurrentBorrowings428.00K1.09M1.75M2.13M
LineOfCredit0.000.00281.00K0.00
CurrentNotesPayable12.21M3.50M6.83M5.28M
PayablesAndAccruedExpenses22.02M20.17M22.95M20.89M
Payables22.02M20.17M22.95M20.89M
DuetoRelatedPartiesCurrent15.07M15.10M17.17M15.95M
TotalTaxPayable0.00313.00K1.01M522.00K
IncomeTaxPayable0.00313.00K1.01M522.00K
AccountsPayable6.94M4.76M4.78M4.41M
TotalAssets69.58M58.00M52.79M54.62M
TotalNonCurrentAssets4.58M5.62M8.71M9.50M
NonCurrentDeferredAssets11.00K11.00K8.00K8.00K
NonCurrentDeferredTaxesAssets11.00K11.00K8.00K8.00K
InvestmentsAndAdvances2.20M2.20M0.00
InvestmentinFinancialAssets2.20M2.20M0.00
AvailableForSaleSecurities2.20M2.20M
NetPPE2.37M3.41M8.71M9.49M
AccumulatedDepreciation-2.72M-2.66M-5.84M-5.38M
GrossPPE5.09M6.07M14.55M14.87M
OtherProperties774.00K1.59M1.49M1.77M
MachineryFurnitureEquipment4.31M4.48M4.97M4.89M
BuildingsAndImprovements0.000.008.09M8.21M
Properties0.000.000.000.00
CurrentAssets65.00M52.38M44.07M45.12M
Inventory45.10M36.69M31.44M32.87M
FinishedGoods45.10M36.69M31.44M32.87M
Receivables16.60M8.37M11.30M10.71M
OtherReceivables8.21M1.97M3.23M5.01M
DuefromRelatedPartiesCurrent2.20M1.07M50.00K12.00K
AccountsReceivable6.18M5.34M8.02M5.69M
AllowanceForDoubtfulAccountsReceivable-873.00K-403.00K-284.00K-83.00K
GrossAccountsReceivable7.05M5.74M8.30M5.78M
CashCashEquivalentsAndShortTermInvestments3.31M7.32M1.33M1.53M
OtherShortTermInvestments47.00K242.00K325.00K0.00
CashAndCashEquivalents3.26M7.07M1.00M1.53M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-13.51M-1.90M93.00K5.63M
RepaymentOfDebt-35.93M-13.74M-219.00K-4.76M
IssuanceOfDebt45.16M9.88M0.000.00
IssuanceOfCapitalStock0.0013.51M0.000.00
CapitalExpenditure-598.00K-1.96M-817.00K
InterestPaidSupplementalData803.00K1.05M748.00K717.00K
IncomeTaxPaidSupplementalData18.00K675.00K40.00K
EndCashPosition3.26M7.07M1.00M1.53M
BeginningCashPosition7.07M1.00M1.53M325.00K
EffectOfExchangeRateChanges-153.00K80.00K-4.00K-7.00K
ChangesInCash-3.66M5.99M-526.00K1.22M
FinancingCashFlow9.22M-875.00K-296.00K-4.76M
CashFlowFromContinuingFinancingActivities9.22M-875.00K-296.00K-4.76M
CashDividendsPaid0.00-10.52M-77.00K0.00
CommonStockDividendPaid0.00-10.52M-77.00K0.00
NetCommonStockIssuance0.0013.51M0.000.00
CommonStockIssuance0.0013.51M0.000.00
NetIssuancePaymentsOfDebt9.22M-3.86M-219.00K-4.76M
NetLongTermDebtIssuance9.22M-3.86M-219.00K-4.76M
LongTermDebtPayments-35.93M-13.74M-219.00K-4.76M
LongTermDebtIssuance45.16M9.88M0.000.00
InvestingCashFlow26.00K6.81M-1.14M343.00K
CashFlowFromContinuingInvestingActivities26.00K6.81M-1.14M343.00K
NetInvestmentPurchaseAndSale160.00K-2.13M-325.00K0.00
SaleOfInvestment160.00K71.00K0.00
PurchaseOfInvestment0.00-2.20M-325.00K0.00
NetPPEPurchaseAndSale-134.00K8.94M-815.00K343.00K
SaleOfPPE464.00K10.89M2.00K343.00K
PurchaseOfPPE-598.00K-1.96M-817.00K0.00
OperatingCashFlow-12.91M55.00K910.00K5.63M
CashFlowFromContinuingOperatingActivities-12.91M55.00K910.00K5.63M
ChangeInWorkingCapital-13.70M182.00K-2.47M909.00K
ChangeInOtherWorkingCapital2.52M-2.83M-4.39M5.80M
ChangeInPayablesAndAccruedExpense2.04M-2.79M1.92M-941.00K
ChangeInPayable2.04M-2.79M1.92M-941.00K
ChangeInAccountPayable2.04M-2.12M1.96M-1.33M
ChangeInTaxPayable-2.00K-675.00K-41.00K388.00K
ChangeInIncomeTaxPayable-2.00K-675.00K-41.00K388.00K
ChangeInPrepaidAssets-7.65M408.00K1.70M-1.90M
ChangeInInventory-9.33M3.63M940.00K-2.76M
ChangeInReceivables-1.27M1.76M-2.64M710.00K
ChangesInAccountReceivables-1.27M1.76M-2.64M710.00K
OtherNonCashItems-70.00K843.00K
StockBasedCompensation1.20M0.000.00
UnrealizedGainLossOnInvestmentSecurities35.00K22.00K0.000.00
ProvisionandWriteOffofAssets474.00K145.00K193.00K-110.00K
AssetImpairmentCharge1.17M452.00K0.001.51M
DepreciationAmortizationDepletion1.21M1.77M1.63M1.60M
DepreciationAndAmortization1.21M1.77M1.63M1.60M
Depreciation1.21M1.77M1.63M1.60M
OperatingGainsLosses-53.00K-5.05M-2.00K-305.00K
GainLossOnInvestmentSecurities-3.00K
GainLossOnSaleOfPPE-50.00K-5.05M-2.00K-305.00K
NetIncomeFromContinuingOperations-3.16M1.69M1.56M2.03M
SEC Filings

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