Millennium Group International Stock Today

MGIH Stock   1.60  0.07  4.19%   

Performance

Very Weak

 
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Odds Of Distress

About Average

 
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Millennium Group is trading at 1.60 as of the 25th of March 2025. This is a 4.19 percent down since the beginning of the trading day. The stock's open price was 1.67. Millennium Group has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. The performance scores are derived for the period starting the 25th of December 2024 and ending today, the 25th of March 2025. Click here to learn more.
Business Domain
Materials
IPO Date
4th of April 2023
Category
Consumer Cyclical
Millennium Group is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 11.25 M outstanding shares of which 20.9 K shares are now shorted by private and institutional investors with about 1.05 trading days to cover. More on Millennium Group International

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Millennium Stock Highlights

CEO DirectorMing Lai
Thematic IdeaBusiness Services (View all Themes)
Business ConcentrationDiversified Metals & Mining, Packaging & Containers, Consumer Cyclical, NASDAQ Composite, Business Services, Materials, Metals & Mining, Specialty Business Services, Industrials (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.70.79
Fairly Down
Very volatile
Gross Profit Margin0.260.24
Significantly Up
Slightly volatile
Total Current Liabilities10.4 M10.9 M
Notably Down
Slightly volatile
Non Current Liabilities Total258 K411.2 K
Way Down
Slightly volatile
Total Assets50.4 M39.3 M
Significantly Up
Slightly volatile
Total Current Assets36 M25 M
Way Up
Slightly volatile
Debt Levels
Millennium Group can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Millennium Group's financial leverage. It provides some insight into what part of Millennium Group's total assets is financed by creditors.
Liquidity
Millennium Group International currently holds 6.26 M in liabilities. Note, when we think about Millennium Group's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

(5.54 Million)
Millennium Group International (MGIH) is traded on NASDAQ Exchange in USA. It is located in No.1 Hung To Road, Kwun Tong, Hong Kong, 999077 and employs 498 people. Millennium Group is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 18.79 M. Millennium Group Int conducts business under Metals & Mining sector and is part of Materials industry. The entity has 11.25 M outstanding shares of which 20.9 K shares are now shorted by private and institutional investors with about 1.05 trading days to cover. Millennium Group generates negative cash flow from operations
Check Millennium Group Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Millennium Group International is USD18.79 Million. Millennium Group International secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 88.88 % of Millennium Group International outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Millennium Ownership Details

Millennium Group Historical Income Statement

As of now, Millennium Group's Other Operating Expenses is decreasing as compared to previous years. The Millennium Group's current Cost Of Revenue is estimated to increase to about 33.2 M, while Interest Expense is projected to decrease to under 672.8 K. View More Fundamentals

Millennium Stock Against Markets

Millennium Group Corporate Executives

Elected by the shareholders, the Millennium Group's board of directors comprises two types of representatives: Millennium Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Millennium. The board's role is to monitor Millennium Group's management team and ensure that shareholders' interests are well served. Millennium Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Millennium Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
Wing AuCFO SecretaryProfile
When determining whether Millennium Group Int offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Millennium Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millennium Group International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millennium Group International Stock:
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Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Millennium Group. If investors know Millennium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Millennium Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
(0.78)
Revenue Per Share
3.425
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.08)
The market value of Millennium Group Int is measured differently than its book value, which is the value of Millennium that is recorded on the company's balance sheet. Investors also form their own opinion of Millennium Group's value that differs from its market value or its book value, called intrinsic value, which is Millennium Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Millennium Group's market value can be influenced by many factors that don't directly affect Millennium Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Millennium Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Millennium Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Millennium Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.