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Maison Solutions Inc. Class A Common Stock (MSS) 10-Year Financial Performance & Capital Metrics

MSS • • Industrial / General
Consumer DefensiveGrocery StoresSpecialty & Natural Food RetailersEthnic & Specialty Markets
AboutMaison Solutions Inc., together with its subsidiaries, operates as the specialty grocery retailer in California. The company offers perishable products, such as meat, seafood, vegetables, and fruit; non-perishable products, including grocery products comprising cooking utensils, canned foods, Chinese and Asian seasonings and spices, and snacks, as well as liquor, cigarette, lottery, newspaper, reusable bag, non-food, and health products, and general merchandise, beauty care, pharmacy, fuel, and other items and services in its stores. It also offers its products online. The company was formerly known as Maison International, Inc. and changed its name to Maison Solutions Inc. in September 2021. Maison Solutions Inc. was incorporated in 2019 and is based in Monterey Park, California.Show more
  • Revenue $124M +114.0%
  • EBITDA -$230K +89.8%
  • Net Income $1M +135.0%
  • EPS (Diluted) 0.07 +134.7%
  • Gross Margin 21.21% +5.9%
  • EBITDA Margin -0.18% +95.2%
  • Operating Margin -1.02% +78.1%
  • Net Margin 0.94% +116.4%
  • ROE 10.46% +118.0%
  • ROIC -1.42% +65.9%
  • Debt/Equity 4.40 -22.5%
  • Interest Coverage -1.08 +95.0%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 36.8%
  • ✓Strong Piotroski F-Score: 9/9
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Trading at only 0.5x book value
  • ✓Efficient asset utilization: 1.6x turnover

✗Weaknesses

  • ✗High debt to equity ratio of 4.4x
  • ✗Weak momentum: RS Rating 3 (bottom 3%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y43.56%
TTM29.77%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-100.74%

EPS CAGR

10Y-
5Y-
3Y-
TTM-87.95%

ROCE

10Y Avg-2.04%
5Y Avg-2.04%
3Y Avg-2.91%
Latest-2.34%

Peer Comparison

Ethnic & Specialty Markets
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
MSSMaison Solutions Inc. Class A Common Stock6.82M0.314.66114.01%-4.89%-50.43%67.12%4.40

Profit & Loss

Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025
Sales/Revenue+41.2M41.98M55.4M58.04M124.22M
Revenue Growth %-0.02%0.32%0.05%1.14%
Cost of Goods Sold+32.88M33.7M42.95M46.42M97.87M
COGS % of Revenue0.8%0.8%0.78%0.8%0.79%
Gross Profit+8.31M8.29M12.45M11.62M26.34M
Gross Margin %0.2%0.2%0.22%0.2%0.21%
Gross Profit Growth %--0%0.5%-0.07%1.27%
Operating Expenses+7.76M9.11M12.37M14.33M27.61M
OpEx % of Revenue0.19%0.22%0.22%0.25%0.22%
Selling, General & Admin7.76M9.11M12.37M14.33M27.61M
SG&A % of Revenue0.19%0.22%0.22%0.25%0.22%
Research & Development00000
R&D % of Revenue-----
Other Operating Expenses00000
Operating Income+553.4K-826.59K83.65K-2.7M-1.27M
Operating Margin %0.01%-0.02%0%-0.05%-0.01%
Operating Income Growth %--2.49%1.1%-33.33%0.53%
EBITDA+1.13M-389.18K454.18K-2.24M-229.52K
EBITDA Margin %0.03%-0.01%0.01%-0.04%-0%
EBITDA Growth %--1.34%2.17%-5.94%0.9%
D&A (Non-Cash Add-back)578.87K437.41K370.53K461.87K1.04M
EBIT553.4K-826.59K83.65K-2.7M-1.27M
Net Interest Income+-59.21K43.48K42.61K-124.26K-1.17M
Interest Income043.48K42.61K00
Interest Expense59.21K00124.26K1.17M
Other Income/Expense909.44K199.3K1.89M-242.46K2.36M
Pretax Income+1.46M-627.29K1.98M-2.95M1.09M
Pretax Margin %0.04%-0.01%0.04%-0.05%0.01%
Income Tax+436.06K27.74K336.49K440.56K173.99K
Effective Tax Rate %0.62%0.9%0.63%1.13%1.07%
Net Income+904.08K-562.74K1.25M-3.34M1.17M
Net Margin %0.02%-0.01%0.02%-0.06%0.01%
Net Income Growth %--1.62%3.22%-3.67%1.35%
Net Income (Continuing)1.03M-655.03K1.64M-3.39M920.91K
Discontinued Operations00000
Minority Interest-27.27K-119.55K267.95K221.12K-27.24K
EPS (Diluted)+0.05-0.030.07-0.190.07
EPS Growth %--1.62%3.23%-3.81%1.35%
EPS (Basic)0.05-0.030.07-0.190.07
Diluted Shares Outstanding18.5M18.5M18.5M17.91M17.75M
Basic Shares Outstanding18.5M18.5M18.5M17.91M17.45M
Dividend Payout Ratio-----

Balance Sheet

Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025
Total Current Assets+4.89M9.06M8.29M11.91M12.93M
Cash & Short-Term Investments714.28K898.06K2.57M1.1K775.36K
Cash Only714.28K898.06K2.57M0775.36K
Short-Term Investments0001.1K0
Accounts Receivable2.23M4.84M1.19M605.52K3.96M
Days Sales Outstanding19.7442.087.843.8111.62
Inventory1.94M2.32M2.98M6.8M5.75M
Days Inventory Outstanding21.5825.1325.3253.4821.46
Other Current Assets0272.05K01.24M0
Total Non-Current Assets+18.37M17.04M26.3M70.5M64.44M
Property, Plant & Equipment17.98M16.45M23.22M43.06M40.09M
Fixed Asset Turnover2.29x2.55x2.39x1.35x3.10x
Goodwill002.22M16.96M14.88M
Intangible Assets10.03K15.27K197.33K7.98M7.42M
Long-Term Investments74.37K203.44K203.44K1.54M1.09M
Other Non-Current Assets377.12K74.37K1.1K962.45K956.01K
Total Assets+23.26M26.1M34.58M82.41M77.36M
Asset Turnover1.77x1.61x1.60x0.70x1.61x
Asset Growth %-0.12%0.33%1.38%-0.06%
Total Current Liabilities+4.74M7.54M8.37M28.77M22.75M
Accounts Payable1.94M3.37M3.11M5.39M7.99M
Days Payables Outstanding21.5736.5526.3942.4129.78
Short-Term Debt304.62K498.25K520.83K15.29M6.4M
Deferred Revenue (Current)176.85K370.93K449.33K965.7K701.93K
Other Current Liabilities000773.03K0
Current Ratio1.03x1.20x0.99x0.41x0.57x
Quick Ratio0.62x0.89x0.63x0.18x0.32x
Cash Conversion Cycle19.7630.666.7614.883.3
Total Non-Current Liabilities+18.72M19.4M25.42M42.92M42.98M
Long-Term Debt1.07M2.8M2.56M2.5M3.89M
Capital Lease Obligations17.58M16.55M22.71M39.02M36.76M
Deferred Tax Liabilities0040.41K1.27M1.18M
Other Non-Current Liabilities60.55K55.15K105.64K140.26K1.14M
Total Liabilities23.45M26.95M33.79M71.69M65.72M
Total Debt+19.97M20.91M27.56M60.89M51.24M
Net Debt19.25M20.02M24.99M60.89M50.46M
Debt / Equity--34.78x5.68x4.40x
Debt / EBITDA17.63x-60.67x--
Net Debt / EBITDA17.00x-55.01x--
Interest Coverage9.35x---21.76x-1.08x
Total Equity+-192.02K-847.04K792.26K10.72M11.64M
Equity Growth %--3.41%1.94%12.53%0.09%
Book Value per Share-0.01-0.050.040.600.66
Total Shareholders' Equity-164.75K-727.49K524.31K10.5M11.67M
Common Stock1.6K1.6K1.6K1.97K1.97K
Retained Earnings-166.35K-729.09K522.71K-2.82M-1.65M
Treasury Stock00000
Accumulated OCI00000
Minority Interest-27.27K-119.55K267.95K221.12K-27.24K

Cash Flow

Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025
Cash from Operations+1.11M1.49M484.19K-3.5M4.76M
Operating CF Margin %0.03%0.04%0.01%-0.06%0.04%
Operating CF Growth %-0.34%-0.67%-8.24%2.36%
Net Income1.03M-655.03K1.64M-3.39M920.91K
Depreciation & Amortization578.87K437.41K371.7K461.87K1.04M
Stock-Based Compensation00000
Deferred Taxes00-3.13K-11.7K-88.35K
Other Non-Cash Items31.55K15.26K95.71K472.58K75.56K
Working Capital Changes-528.08K1.69M-1.62M-1.04M2.81M
Change in Receivables-411.68K264.04K-14.43K-67.98K-2.04M
Change in Inventory-420.01K-391.26K343.51K914.36K770.43K
Change in Payables-957.12K1.43M-751.33K47.09K2.66M
Cash from Investing+-1.23M-3.28M1.86M-12.21M-237.35K
Capital Expenditures-37.15K-63.79K-49.39K-382.13K-175.35K
CapEx % of Revenue0%0%0%0.01%0%
Acquisitions-----
Investments-----
Other Investing-1.19M-3.22M4.41M-4.83M0
Cash from Financing+-650.99K1.98M-746.64K13.14M-5.82M
Debt Issued (Net)-----
Equity Issued (Net)-----
Dividends Paid00000
Share Repurchases-----
Other Financing-125.7K0000
Net Change in Cash-----
Free Cash Flow+1.07M1.42M434.8K-6.84M4.58M
FCF Margin %0.03%0.03%0.01%-0.12%0.04%
FCF Growth %-0.33%-0.69%-16.72%1.67%
FCF per Share0.060.080.02-0.380.26
FCF Conversion (FCF/Net Income)1.23x-2.64x0.39x1.05x4.07x
Interest Paid62.49K73.76K70.8K104.45K1.03M
Taxes Paid9.75K4K8.48K973.66K116.37K

Key Ratios

Metric20212022202320242025
Return on Equity (ROE)--158%-58.03%10.46%
Return on Invested Capital (ROIC)2.18%-3.24%0.28%-4.16%-1.42%
Gross Margin20.17%19.74%22.48%20.02%21.21%
Net Margin2.19%-1.34%2.26%-5.75%0.94%
Debt / Equity--34.78x5.68x4.40x
Interest Coverage9.35x---21.76x-1.08x
FCF Conversion1.23x-2.64x0.39x1.05x4.07x
Revenue Growth-1.92%31.95%4.77%114.01%

Frequently Asked Questions

Valuation & Price

Maison Solutions Inc. Class A Common Stock (MSS) has a price-to-earnings (P/E) ratio of 4.7x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Maison Solutions Inc. Class A Common Stock (MSS) reported $118.3M in revenue for fiscal year 2025. This represents a 187% increase from $41.2M in 2021.

Maison Solutions Inc. Class A Common Stock (MSS) grew revenue by 114.0% over the past year. This is strong growth.

Maison Solutions Inc. Class A Common Stock (MSS) reported a net loss of $5.8M for fiscal year 2025.

Dividend & Returns

Maison Solutions Inc. Class A Common Stock (MSS) has a return on equity (ROE) of 10.5%. This is reasonable for most industries.

Maison Solutions Inc. Class A Common Stock (MSS) had negative free cash flow of $0.6M in fiscal year 2025, likely due to heavy capital investments.

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