Multi Ways Holdings Limited (MWG)
XASE:MWG
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Multi Ways Holdings Limited
(NYSE MKT:MWG)
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Rating:41Neutral
Price Target:
$0.21
▼(-24.29% Downside)
Action:ReiteratedDate:01/15/26
The score is primarily weighed down by weak financial performance, especially losses and negative operating/free cash flow. Technicals add modest downside due to the price trading below key moving averages, while valuation is constrained by a negative P/E and no stated dividend yield.
Positive Factors
Equipment Sales Growth
A clear shift to equipment sales drove a material revenue lift and operating income improvement. If sustained, stronger product sales diversify revenue away from lower-return segments, enable scale efficiencies, and provide a more stable base for margin recovery and cash generation over coming quarters.
Negative Factors
Negative Cash Flow
Persistent negative operating and free cash flow undermines internal funding for capex and inventory growth, forcing reliance on external financing. Over months this elevates refinancing and liquidity risk, constrains reinvestment, and can hamper the company’s ability to capitalize on equipment-sales momentum.
Read all positive and negative factors
Positive Factors
Negative Factors
Equipment Sales Growth
A clear shift to equipment sales drove a material revenue lift and operating income improvement. If sustained, stronger product sales diversify revenue away from lower-return segments, enable scale efficiencies, and provide a more stable base for margin recovery and cash generation over coming quarters.
Read all positive factors
Multi Ways Holdings Limited (MWG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$7.87M
Dividend YieldN/A
Average Volume (3M)214.82K
Price to Earnings (P/E)3.3
Beta (1Y)1.39
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees89
SectorIndustrials
Sector Strength72
IndustryRental & Leasing Services
Share Statistics
EPS (TTM)0.02
Shares Outstanding4,142,000
10 Day Avg. Volume159,408
30 Day Avg. Volume214,822
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.45
Price to Sales (P/S)0.29
P/FCF Ratio-0.67
Enterprise Value/Market Cap2.32
Enterprise Value/Revenue0.49
Enterprise Value/Gross Profit1.80
Enterprise Value/Ebitda-47.28
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Multi Ways Holdings Limited Business Overview & Revenue Model
Company Description
Multi Ways Holdings Limited supplies a range of heavy construction equipment for sales and rental in Singapore, Australia, and internationally. The company engages in the supplying and rental of new and used heavy construction equipment in the inf...
How the Company Makes Money
MWG generates revenue through multiple streams, primarily from its logistics and supply chain management services, which provide essential support to businesses in transporting goods efficiently. Additionally, the company earns income from its e-c...
Multi Ways Holdings Limited Financial Statement Overview
Summary
Income Statement
40
Negative
Balance Sheet
55
Neutral
Cash Flow
35
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 36.95M | 31.07M | 36.02M | 38.36M | 33.41M | 29.89M |
| Gross Profit | 10.17M | 9.71M | 8.38M | 9.74M | 9.36M | 6.84M |
| EBITDA | -386.40K | -450.00K | 3.40M | 2.68M | 3.94M | 3.39M |
| Net Income | -2.25M | -2.85M | 1.79M | 978.00K | 1.80M | 1.32M |
Balance Sheet | ||||||
| Total Assets | 49.64M | 69.58M | 58.00M | 52.79M | 54.62M | 52.03M |
| Cash, Cash Equivalents and Short-Term Investments | 950.81K | 3.31M | 9.28M | 1.33M | 1.53M | 325.00K |
| Total Debt | 12.73M | 21.91M | 12.77M | 17.64M | 17.94M | 21.27M |
| Total Liabilities | 32.73M | 49.49M | 36.17M | 46.47M | 49.26M | 36.29M |
| Stockholders Equity | 16.91M | 20.09M | 21.83M | 6.26M | 5.36M | 15.74M |
Cash Flow | ||||||
| Free Cash Flow | -1.45M | -13.51M | -1.90M | 16.00K | 5.63M | 1.02M |
| Operating Cash Flow | -1.25M | -12.91M | 55.00K | 833.00K | 5.63M | 1.66M |
| Investing Cash Flow | 52.67K | 26.00K | 6.81M | -1.14M | 343.00K | -565.00K |
| Financing Cash Flow | -940.24K | 9.22M | -875.00K | -219.00K | -4.76M | -899.00K |
Multi Ways Holdings Limited Technical Analysis
Negative
0.28
Price Trends
2.06
Negative
2.33
Negative
2.53
Negative
Market Momentum
>-0.01
Negative
50.18
Neutral
46.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MWG, the sentiment is Negative. The current price of 0.28 is below the 20-day moving average (MA) of 1.90, below the 50-day MA of 2.06, and below the 200-day MA of 2.53, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.18 is Neutral, neither overbought nor oversold. The STOCH value of 46.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MWG.
Multi Ways Holdings Limited Risk Analysis
Multi Ways Holdings Limited disclosed 43 risk factors in its most recent earnings report. Multi Ways Holdings Limited reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Multi Ways Holdings Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $2.72B | 12.96 | 13.21% | 1.79% | 3.14% | -34.73% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | $4.24B | -34.53 | -0.26% | 1.79% | 28.39% | -105.83% | |
55 Neutral | $2.24B | -90.75 | -2.18% | ― | 9.38% | 43.77% | |
47 Neutral | $252.12M | -3.18 | -341.70% | 4.88% | -2.17% | -30.25% | |
45 Neutral | $7.14M | 2.46 | ― | ― | ― | ― | |
41 Neutral | $7.87M | 3.30 | -12.16% | ― | ― | ― |
* Industrials Sector Average
MWG
Multi Ways Holdings Limited
1.90
-0.85
-30.91%
HRI
Herc Holdings
126.92
17.68
16.19%
MGRC
Mcgrath Rentcorp
110.55
4.98
4.72%
CTOS
Custom Truck One Source
9.85
5.94
151.92%
ALTG
Alta Equipment Group
7.75
3.32
74.94%
TLIH
Ten-League International Holdings Limited
0.24
-3.49
-93.51%
Multi Ways Holdings Limited Corporate Events
Multi Ways Holdings Nearly Doubles H1 2025 Revenue on Strong Equipment Sales
Dec 23, 2025
On December 23, 2025, Multi Ways Holdings Limited reported unaudited financial results for the six months ended June 30, 2025, showing revenue nearly doubled year-on-year to about $26.44 million, driven primarily by strong demand for equipment sal...
Multi Ways Holdings Limited Approves Key Resolutions in Annual Meeting
Dec 4, 2025
Multi Ways Holdings Limited held its annual general meeting on November 26, 2025, where key resolutions were approved by shareholders. The meeting saw a quorum with 66.65% of shares represented, and significant decisions included the creation of a...
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.