Michael Hill International Ltd. (AU:MHJ)
ASX:MHJ
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Michael Hill International Ltd.
(Sydney:MHJ)
Select Model
Select Model
Rating:54Neutral
Price Target:
AU$0.33
▼(-14.21% Downside)
Action:Reiterated
Date:10/23/25
Michael Hill International Ltd. faces significant challenges with profitability and valuation. The stock's technical indicators suggest a bearish trend, and the high P/E ratio indicates overvaluation. These factors outweigh the stable revenue growth and effective cost management.
Positive Factors
Omnichannel Retail Model
Michael Hill's combined physical store network and e-commerce channels provide durable distribution and customer reach for high‑consideration purchases. Bricks‑and‑clicks capabilities support in‑store service, customer retention, and product discovery, preserving sales mix and margin potential over time.
Negative Factors
Rising Leverage
An increased dependence on debt raises financial risk and reduces strategic flexibility. Over a 2–6 month horizon higher leverage can constrain investment choices, increase refinancing and interest exposure, and limit the company's ability to absorb shocks or pursue growth without prioritizing cash for debt service.
Read all positive and negative factors
Positive Factors
Negative Factors
Omnichannel Retail Model
Michael Hill's combined physical store network and e-commerce channels provide durable distribution and customer reach for high‑consideration purchases. Bricks‑and‑clicks capabilities support in‑store service, customer retention, and product discovery, preserving sales mix and margin potential over time.
Read all positive factors
Michael Hill International Ltd. (MHJ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$123.15M
Dividend YieldN/A
Average Volume (3M)107.23K
Price to Earnings (P/E)15.3
Beta (1Y)0.31
Revenue Growth1.87%
EPS Growth650.00%
CountryAU
Employees2,500
SectorConsumer Cyclical
Sector Strength84
IndustryLuxury Goods
Share Statistics
EPS (TTM)0.03
Shares Outstanding384,842,600
10 Day Avg. Volume106,988
30 Day Avg. Volume107,232
Financial Highlights & Ratios
PEG Ratio-0.14
Price to Book (P/B)0.93
Price to Sales (P/S)0.25
P/FCF Ratio3.52
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.80Price Target Upside110.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.04
Revenue Forecast (FY)AU$662.32M
Michael Hill International Ltd. Business Overview & Revenue Model
Company Description
Michael Hill International Limited functions as a dedicated jewelry retailer, overseeing and managing its network of physical stores while also providing a range of complementary customer services. Its retail establishments showcase a broad select...
How the Company Makes Money
MHJ makes money primarily by retailing jewellery products to consumers through (1) physical stores and (2) online sales. Revenue is generated from the sale of finished jewellery pieces (e.g., diamond and gemstone-set items, precious metal jeweller...
Michael Hill International Ltd. Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
60
Neutral
Cash Flow
55
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 737.58M | 692.44M | 703.36M | 684.48M | 657.25M | 594.92M |
| Gross Profit | 301.29M | 418.70M | 425.81M | 439.49M | 423.98M | 371.90M |
| EBITDA | 94.46M | 79.11M | 78.58M | 118.20M | 131.41M | 125.76M |
| Net Income | 9.89M | 2.26M | -523.00K | 38.29M | 51.79M | 48.70M |
Balance Sheet | ||||||
| Total Assets | 653.98M | 558.19M | 595.76M | 594.72M | 566.78M | 545.94M |
| Cash, Cash Equivalents and Short-Term Investments | 59.90M | 11.03M | 22.04M | 22.71M | 106.27M | 77.75M |
| Total Debt | 312.27M | 208.34M | 233.26M | 186.19M | 143.66M | 143.64M |
| Total Liabilities | 433.96M | 374.48M | 413.42M | 389.46M | 350.46M | 338.14M |
| Stockholders Equity | 220.02M | 183.72M | 182.34M | 205.26M | 216.32M | 207.80M |
Cash Flow | ||||||
| Free Cash Flow | 93.59M | 48.39M | 18.26M | 49.85M | 98.79M | 133.69M |
| Operating Cash Flow | 107.09M | 59.30M | 41.36M | 87.14M | 123.71M | 154.13M |
| Investing Cash Flow | -14.96M | -10.91M | -30.49M | -89.59M | -24.88M | -20.37M |
| Financing Cash Flow | -63.75M | -59.08M | -11.51M | -80.01M | -72.85M | -68.03M |
Michael Hill International Ltd. Technical Analysis
Negative
0.38
Price Trends
0.35
Negative
0.38
Negative
0.37
Negative
Market Momentum
>-0.01
Negative
45.02
Neutral
55.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MHJ, the sentiment is Negative. The current price of 0.38 is above the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.35, and above the 200-day MA of 0.37, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.02 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MHJ.
Michael Hill International Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | AU$2.56B | 28.60 | 94.10% | 2.57% | 14.24% | 3.58% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | AU$241.13M | 12.40 | 8.37% | 5.85% | 5.66% | -42.42% | |
59 Neutral | AU$28.19M | 88.24 | 0.80% | ― | 4.92% | -82.38% | |
58 Neutral | AU$189.56M | 25.36 | 6.48% | ― | 6.88% | 158.14% | |
54 Neutral | AU$123.15M | 15.28 | 4.90% | ― | 1.87% | 650.00% | |
45 Neutral | AU$178.00M | -4.22 | -22.97% | ― | 51.36% | 76.07% |
* Consumer Cyclical Sector Average
AU:MHJ
Michael Hill International Ltd.
0.32
-0.09
-21.95%
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Michael Hill International Ltd. Corporate Events
Michael Hill Reports Lapse of 270,482 Conditional Share Rights
May 25, 2026
Michael Hill International has notified the ASX of the cessation of 270,482 share rights under code MHJAB, which lapsed on 17 April 2026 because the performance or vesting conditions attached to these conditional rights were not met. The lapse red...
Michael Hill Reports Lapse of 712,984 Conditional Share Rights
Mar 26, 2026
Michael Hill International Ltd. has reported the lapse of 712,984 share rights, which have ceased because the conditions attached to these conditional rights were not met or have become incapable of being satisfied. The cessation, effective 26 Feb...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.