Michael Hill International Ltd. (AU:MHJ)
ASX:MHJ
Want to see AU:MHJ full AI Analyst Report?
Top Page
Michael Hill International Ltd.
(Sydney:MHJ)
Select Model
Select Model
Rating:54Neutral
Price Target:
AU$0.41
▲(7.37% Upside)
Action:ReiteratedDate: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
Stable Revenue Growth
Consistent, if modest, revenue growth indicates ongoing customer demand and market presence for the brand. Over a 2–6 month horizon this supports steady sales base, aiding forecasting and inventory planning and reducing execution risk compared with highly volatile retailers.
Negative Factors
Declining Free Cash Flow
A decline in free cash flow weakens the company's ability to fund investment, pay down debt, or return capital. Over months this constrains strategic flexibility, increases refinancing risk if debt matures, and limits capacity for store investment or digital channel expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Stable Revenue Growth
Consistent, if modest, revenue growth indicates ongoing customer demand and market presence for the brand. Over a 2–6 month horizon this supports steady sales base, aiding forecasting and inventory planning and reducing execution risk compared with highly volatile retailers.
Read all positive factors
Michael Hill International Ltd. (MHJ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$150.09M
Dividend YieldN/A
Average Volume (3M)107.23K
Price to Earnings (P/E)1.5
Beta (1Y)0.28
Revenue Growth1.87%
EPS Growth650.00%
CountryAU
Employees2,500
SectorConsumer Cyclical
Sector Strength84
IndustryLuxury Goods
Share Statistics
EPS (TTM)0.06
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$0.78Price Target Upside103.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
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 owns and operates jewelry stores and provides related services. The company's store offers rings, earrings, bracelets and bangles, necklaces and pendants, chains, watches, collections, and gifts, as well as birth...
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
Positive
0.38
Price Trends
0.41
Negative
0.39
Positive
0.38
Positive
Market Momentum
>-0.01
Negative
55.39
Neutral
90.48
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MHJ, the sentiment is Positive. The current price of 0.38 is below the 20-day moving average (MA) of 0.39, below the 50-day MA of 0.41, and below the 200-day MA of 0.38, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.39 is Neutral, neither overbought nor oversold. The STOCH value of 90.48 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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$2.63B | 13.90 | 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$228.63M | 6.10 | 8.37% | 5.85% | 5.66% | -42.42% | |
59 Neutral | AU$38.99M | 157.84 | 0.80% | ― | 4.92% | -82.38% | |
54 Neutral | AU$150.09M | 1.49 | 4.90% | ― | 1.87% | 650.00% | |
53 Neutral | AU$209.87M | 46.89 | 6.48% | ― | 6.88% | 158.14% | |
45 Neutral | AU$182.19M | -1.63 | -22.97% | ― | 51.36% | 76.07% |
* Consumer Cyclical Sector Average
AU:MHJ
Michael Hill International Ltd.
0.39
-0.02
-4.88%
AU:LOV
Lovisa Holdings Ltd.
23.79
0.43
1.84%
AU:ADH
Adairs Ltd.
1.30
-0.89
-40.75%
AU:ABY
Adore Beauty Group Ltd.
0.40
-0.32
-45.14%
AU:BBN
Baby Bunting Group Ltd.
1.48
-0.02
-1.33%
AU:BBT
BlueBet Holdings Ltd.
0.18
-0.13
-41.67%
Michael Hill International Ltd. Corporate Events
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...
Michael Hill Appoints New Company Secretary After Palethorpe Resignation
Mar 17, 2026
Michael Hill International Ltd., the trans-Tasman and Canadian jewellery retailer listed on both the ASX and NZX, operates a network of 285 stores supported by wholesale and manufacturing operations from its Brisbane headquarters. The business foc...
S&P Dow Jones Indices Unveils March 2026 Rebalance of Key S&P/ASX Benchmarks
Mar 6, 2026
SP Dow Jones Indices has unveiled the March 2026 quarterly rebalance for the SP/ASX equity indices, with changes effective before trading on 23 March. The reshuffle affects all major tiers, including the SP/ASX 20, 50, 100, 200 and 300, and reflec...
Michael Hill lifts profit and sales as Canada and Australia drive growth
Feb 27, 2026
Michael Hill International reported first-half FY26 revenue of $371.0 million, up 3.0%, with comparable EBIT rising 28.6% to $31.0 million and statutory net profit up 32.0% to $22.3 million. Same-store sales grew 3.8% in local currency, led by rec...
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.