Megan Holdings Limited Ordinary Shares(MGN)Earnings, Financials & Key Ratios
MGN•NYSE
1.8× P/E·Price updated Jun 24, 2026
AboutMegan Holdings Limited engages in the development, construction, and maintenance of aquaculture and agriculture farms and related works in Malaysia. It is also involved in the supply of industrial machinery; rental of machinery for agriculture and aquaculture; and upgrading and maintenance of aquaculture and agriculture farms. The company was founded in 2020 and is based in Kuala Lumpur, Malaysia. Megan Holdings Limited is a subsidiary of Star Sprite Limited.Show more
- Revenue$85M+17.9%
- EBITDA$10M-15.2%
- Net Income$8M+0.9%
- EPS (Diluted)0.47
- Gross Margin16.76%-16.1%
- EBITDA Margin11.71%-28.0%
- Operating Margin11.69%-28.0%
- Net Margin9.72%-14.4%
- ROE32.34%-31.6%
MGN Key Insights
Megan Holdings Limited Ordinary Shares (MGN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Excellent 3Y average ROE of 44.9%
- ✓Healthy 5Y average net margin of 12.3%
- ✓Trading at only 0.5x book value
- ✓Efficient asset utilization: 1.6x turnover
✗Weaknesses
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 2 (bottom 2%)
- ✗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.
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MGN Price & Volume
Megan Holdings Limited Ordinary Shares (MGN) stock price & volume — 10-year historical chart
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MGN Growth Metrics
Megan Holdings Limited Ordinary Shares (MGN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
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Profit CAGR
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EPS CAGR
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Return on Capital
10 Years48.15%
5 Years48.15%
3 Years48.15%
Last Year38.63%
MGN Peer Comparison
Megan Holdings Limited Ordinary Shares (MGN) competitors in Civil infrastructure construction — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CLPS | 27.96M | 0.94 | -3.62 | 15.17% | -3.05% | -15.02% | 0.59 | |
 CNET | 3.14M | 0.96 | -1.43 | -70.11% | -33.27% | -28.25% | 0.04 | |
 RETO | 5M | 2.65 | -1.03 | 84.3% | -397.95% | -80.63% | 0.10 | |
 TIGR | 864.03M | 4.66 | 5.07 | 56.74% | 24.18% | 17.64% | 0.20 | |
 FUTU | 13.72B | 98.30 | 9.62 | 67.83% | 44.27% | 26.38% | 0.44 | |
 LXEH | 1.67M | 1.43 | -0.16 | -86.92% | -179.26% | -83.46% | 0.87 | |
 GOTU | 638.43M | 1.76 | -14.26 | 34.99% | -5.26% | -20.84% | 0.47 | |
 BABA | 232.9B | 99.80 | 15.43 | 2.74% | 10.12% | 9.35% | 0.23 |
Compare MGN vs Peers
Megan Holdings Limited Ordinary Shares (MGN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MGN Income Statement
Megan Holdings Limited Ordinary Shares (MGN) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'21 | Dec'22 | Dec'23 |
|---|---|---|---|
Sales/Revenue | 45.96M | 72.31M | 85.24M |
Revenue Growth % | - | 57.35% | 17.88% |
Cost of Goods Sold | 36.09M | 57.87M | 70.96M |
COGS % of Revenue | 78.54% | 80.03% | 83.24% |
Gross Profit | 9.86M▲ 0% | 14.44M▲ 46.4% | 14.28M▼ 1.1% |
Gross Margin % | 21.46% | 19.97% | 16.76% |
Gross Profit Growth % | - | 46.38% | -1.09% |
Operating Expenses | 4.79M | 2.7M | 4.31M |
OpEx % of Revenue | 10.41% | 3.73% | 5.06% |
Selling, General & Admin | 4.78M | 2.69M | 4.03M |
SG&A % of Revenue | 10.41% | 3.73% | 4.73% |
Research & Development | 0 | 0 | 0 |
R&D % of Revenue | - | - | - |
Other Operating Expenses | 1.82K | 386 | 283.02K |
Operating Income | 5.08M▲ 0% | 11.74M▲ 131.2% | 9.97M▼ 15.1% |
Operating Margin % | 11.05% | 16.24% | 11.69% |
Operating Income Growth % | - | 131.24% | -15.12% |
EBITDA | 5.1M | 11.76M | 9.98M |
EBITDA Margin % | 11.1% | 16.27% | 11.71% |
EBITDA Growth % | - | 130.58% | -15.17% |
D&A (Non-Cash Add-back) | 22.18K | 17.69K | 9.1K |
EBIT | 9.74M | 11.87M | 11.52M |
Net Interest Income | -352 | 1.94K | 90 |
Interest Income | 1.47K | 2.33K | 1.63K |
Interest Expense | 1.82K | 386 | 1.54K |
Other Income/Expense | 4.66M | 125.98K | 1.55M |
Pretax Income | 9.73M▲ 0% | 11.87M▲ 21.9% | 11.52M▼ 2.9% |
Pretax Margin % | 21.18% | 16.41% | 13.52% |
Income Tax | 2.43M | 3.66M | 3.24M |
Effective Tax Rate % | 24.92% | 30.82% | 28.08% |
Net Income | 7.31M▲ 0% | 8.21M▲ 12.3% | 8.29M▲ 0.9% |
Net Margin % | 15.9% | 11.36% | 9.72% |
Net Income Growth % | - | 12.34% | 0.93% |
Net Income (Continuing) | 7.31M | 8.21M | 8.29M |
Discontinued Operations | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 |
EPS (Diluted) | 0.42▲ 0% | 0.47▲ 11.9% | 0.47▲ 0.0% |
EPS Growth % | - | 11.9% | 0% |
EPS (Basic) | 0.42 | 0.47 | 0.47 |
Diluted Shares Outstanding | 17.5M | 17.5M | 17.5M |
Basic Shares Outstanding | 17.5M | 17.5M | 17.5M |
Dividend Payout Ratio | - | - | - |
MGN Balance Sheet
Megan Holdings Limited Ordinary Shares (MGN) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'21 | Dec'22 | Dec'23 |
|---|---|---|---|
Total Current Assets | 31.02M | 47.85M | 51.46M |
Cash & Short-Term Investments | 11.44M | 21.48M | 8.55M |
Cash Only | 1.74M | 7.2M | 4.12M |
Short-Term Investments | 9.7M | 14.27M | 4.43M |
Accounts Receivable | 11.55M | 17.33M | 20.09M |
Days Sales Outstanding | 91.77 | 87.46 | 86.03 |
Inventory | 0 | 0 | 0 |
Days Inventory Outstanding | - | - | - |
Other Current Assets | 0 | 0 | 12.09K |
Total Non-Current Assets | 17.61K | 934.67K | 3.33M |
Property, Plant & Equipment | 17.61K | 4.66K | 557.76K |
Fixed Asset Turnover | 2609.06x | 15507.19x | 152.82x |
Goodwill | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 |
Long-Term Investments | 0 | 0 | 0 |
Other Non-Current Assets | 0 | 0 | 0 |
Total Assets | 31.03M▲ 0% | 48.79M▲ 57.2% | 54.8M▲ 12.3% |
Asset Turnover | 1.48x | 1.48x | 1.56x |
Asset Growth % | - | 57.2% | 12.32% |
Total Current Liabilities | 17.76M | 27.3M | 24.67M |
Accounts Payable | 8.59M | 3.64M | 1.75M |
Days Payables Outstanding | 86.86 | 22.98 | 9.01 |
Short-Term Debt | 0 | 0 | 30.63K |
Deferred Revenue (Current) | 499.75K | 4.3M | 2.58M |
Other Current Liabilities | 0 | 0 | 0 |
Current Ratio | 1.75x | 1.75x | 2.09x |
Quick Ratio | 1.75x | 1.75x | 2.09x |
Cash Conversion Cycle | - | - | - |
Total Non-Current Liabilities | 0 | 0 | 357.49K |
Long-Term Debt | 0 | 0 | 357.49K |
Capital Lease Obligations | 0 | 0 | 0 |
Deferred Tax Liabilities | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 0 | 0 |
Total Liabilities | 17.76M | 27.3M | 25.03M |
Total Debt | 17.61K | 0 | 388.11K |
Net Debt | -1.72M | -7.2M | -3.73M |
Debt / Equity | 0.00x | - | 0.01x |
Debt / EBITDA | 0.00x | - | 0.04x |
Net Debt / EBITDA | -0.34x | -0.61x | -0.37x |
Interest Coverage | 2790.43x | 30423.89x | 6460.27x |
Total Equity | 13.27M▲ 0% | 21.48M▲ 61.9% | 29.77M▲ 38.6% |
Equity Growth % | - | 61.86% | 38.57% |
Book Value per Share | 0.76 | 1.23 | 1.70 |
Total Shareholders' Equity | 13.27M | 21.48M | 29.77M |
Common Stock | 6.26K | 6.26K | 6.26K |
Retained Earnings | 13.02M | 21.23M | 29.52M |
Treasury Stock | 0 | 0 | 0 |
Accumulated OCI | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 |
MGN Cash Flow Statement
Megan Holdings Limited Ordinary Shares (MGN) cash flow — operating, investing & free cash flow history
| Metric | Dec'21 | Dec'22 | Dec'23 |
|---|---|---|---|
Cash from Operations | 5.73M | 15.45M | -20.95M |
Operating CF Margin % | 12.48% | 21.37% | -24.58% |
Operating CF Growth % | - | 169.56% | -235.56% |
Net Income | 7.31M | 8.21M | 8.29M |
Depreciation & Amortization | 22.18K | 17.69K | 9.1K |
Stock-Based Compensation | 0 | 0 | 0 |
Deferred Taxes | 0 | 0 | 0 |
Other Non-Cash Items | -4.65M | -123.65K | -1.27M |
Working Capital Changes | 3.06M | 7.35M | -27.98M |
Change in Receivables | -5.5M | -5.82M | -3.04M |
Change in Inventory | 0 | 0 | 0 |
Change in Payables | 7.53M | -4.94M | -1.89M |
Cash from Investing | -5.05M | -9M | 15.33M |
Capital Expenditures | 0 | -4.56M | -562.2K |
CapEx % of Revenue | - | 6.31% | 0.66% |
Acquisitions | 0 | 0 | 0 |
Investments | - | - | - |
Other Investing | 0 | 0 | 4.5M |
Cash from Financing | 973K | -982.98K | 2.53M |
Debt Issued (Net) | 0 | 0 | 388.11K |
Equity Issued (Net) | 0 | 0 | 0 |
Dividends Paid | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 |
Other Financing | 973K | -982.98K | 2.15M |
Net Change in Cash | 1.66M▲ 0% | 5.47M▲ 230.1% | -3.09M▼ 156.5% |
Free Cash Flow | 5.73M▲ 0% | 10.89M▲ 90.0% | -21.51M▼ 297.5% |
FCF Margin % | 12.48% | 15.07% | -25.24% |
FCF Growth % | - | 90.01% | -297.48% |
FCF per Share | 0.33 | 0.62 | -1.23 |
FCF Conversion (FCF/Net Income) | 0.78x | 1.88x | -2.53x |
Interest Paid | 1.82K | 386 | 1.54K |
Taxes Paid | 0 | 0 | 0 |
MGN Key Ratios
Megan Holdings Limited Ordinary Shares (MGN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 |
|---|---|---|---|
Return on Equity (ROE) | 55.06% | 47.24% | 32.34% |
Return on Invested Capital (ROIC) | 32.97% | 68.19% | 37.08% |
Gross Margin | 21.46% | 19.97% | 16.76% |
Net Margin | 15.9% | 11.36% | 9.72% |
Debt / Equity | 0.00x | - | 0.01x |
Interest Coverage | 2790.43x | 30423.89x | 6460.27x |
FCF Conversion | 0.78x | 1.88x | -2.53x |
Revenue Growth | - | 57.35% | 17.88% |
Related:MGN Dividend History·MGN Revenue History·MGN Price History·MGN P/E History·MGN Financial Ratios·MGN Institutional Holders
MGN Frequently Asked Questions
Megan Holdings Limited Ordinary Shares (MGN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Megan Holdings Limited Ordinary Shares (MGN) reported $85.2M in revenue for fiscal year 2023. This represents a 85% increase from $46.0M in 2021.
Megan Holdings Limited Ordinary Shares (MGN) grew revenue by 17.9% over the past year. This is strong growth.
Yes, Megan Holdings Limited Ordinary Shares (MGN) is profitable, generating $8.3M in net income for fiscal year 2023 (9.7% net margin).
Dividend & Returns
Megan Holdings Limited Ordinary Shares (MGN) has a return on equity (ROE) of 32.3%. This is excellent, indicating efficient use of shareholder capital.
Megan Holdings Limited Ordinary Shares (MGN) had negative free cash flow of $21.5M in fiscal year 2023, likely due to heavy capital investments.