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MIG Holdings S.A.

MIG Holdings S.A.

MRFGF
MIG Holdings S.A.US flagOther OTC
0.19
USD
+0.13
- -
152.53MMarket Cap
MIG Holdings S.A.
MRFGF
(Other OTC)

Recent

price

0.19

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
67.54
52.42
68.04
51.37
49.24
45.54
40.95
36.58
34.55
28.09
31.81
13.39
9.68
0.4
0.23
0.25
37.93
Revenue per Share
4.55
-3.54
-73.34
-16.18
-50.55
-7.92
-6.33
-3.62
-2.71
-2.39
1.5
-1.03
-4.93
-0.73
-0.29
3.35
-3.63
Basic EPS, GAAP
-11.61
-18.55
-14.01
-11.24
-6.26
-1.77
-4.28
1.3
-0.06
-0.38
0.05
1.1
-0.16
-1.5
1.77
0.42
1.3
Free Cash Flow per Basic Share
- -
0.01
- -
- -
- -
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
33.74
25.58
-47.26
-62.15
-120.02
-128.02
-124.6
-112.42
-114.88
-117.21
-117.15
-117.76
-2.11
-2.84
-3.7
-0.35
-112.64
Book Value per Share
88.37
60.57
47.76
22.22
7.57
-4.55
-4.85
-5.94
-7.76
-10.08
-3.86
-3.77
3.31
1.42
2.86
3.89
-5.95
Tangible Book Value per Share
25
25
25
26
26
26
27
31
31
31
31
31
31
31
31
31
31
Basic Weighted Avg Shares
1,683
1,316
1,733
1,319
1,264
1,169
1,117
1,143
1,082
880
996
419
303
12
7
8
1,183
Sales/Revenue/Turnover
12.52
-0.27
-21.06
-8.55
-8.9
-6.38
-1.11
5.72
5.62
3.54
3.09
6.79
-4.49
-24.67
-14.38
-1.46
6.1
Operating Margin (%)
90
107
115
107
102
90
84
82
76
69
74
44
50
- -
- -
- -
82
Depreciation Expense
113
-89
-1,868
-415
-1,298
-203
-173
-113
-85
-75
47
-32
-154
-23
-9
105
-113
Net Income, GAAP
12.12
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
51.8
Effective Tax Rate (%)
6.74
-6.75
-107.79
-31.49
-102.66
-17.39
-15.46
-9.9
-7.84
-8.51
4.71
-7.69
-50.96
-184.81
-126.13
1,332.89
-9.57
Profit Margin (%)
1,264
-340
501
-720
-1,055
-1,165
-724
-683
-656
-495
-370
-225
-642
-84
10
9
-683
Working Capital
1,509
1,044
1,601
798
522
482
826
795
856
981
965
1,132
406
765
526
92
795
LT Debt
4,525
4,372
2,283
1,674
1,073
723
628
508
429
350
348
337
167
108
90
122
508
Total Equity
2.35
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-0.03
- -
Return on Invested Capital (%)
4.74
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
41.82
-5.29
Return on Capital (%)
13.95
-11.98
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'15
Sep'15
Dec'15
ST Debt
823
859
898
LT Borrowings
902
- -
789
LT Finance Leases
21
- -
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
31
31
31
Market Capitalization
7
2
3

Working Capital

FRC

•

in mil. unless spec.
Jun'15
Sep'15
Dec'15
Total Current Assets
574
594
562
Cash, Cash Equivalents & STI
113
151
178
Accounts Receivable, Net
275
264
222
Inventories
68
61
60
Total Current Liabilities
1,235
1,243
1,246
Payables & Accruals
- -
- -
- -
ST Debt
823
859
898
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-13.66%
-13.96%
36.01%
Free Cash Flow
278.66%
496.52%
-76.33%
Net Income, GAAP
-145.24%
-240.64%
-1,267.58%
Sales/Revenue/Turnover
-22.65%
-42.72%
10.49%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
12
2022
- -
- -
- -
- -
7
2023
- -
- -
- -
- -
8

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
-0.73
2022
- -
- -
- -
- -
-0.29
2023
- -
- -
- -
- -
3.35

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
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Business
MIG Holdings S.A. (MRFGF) is a Greece-based investment holding company focused on buyouts, equity investments, and real estate exploitation primarily in Greece, Serbia, Cyprus, and South-Eastern Europe. Founded in 1988 and headquartered in Athens, the company, formerly known as Marfin Investment Group, operates through key subsidiaries including Robne Kuce Beograd doo (RKB), one of Serbia's largest real estate firms managing 28 stores with 202,000 square meters of gross leased area across commercial properties, office spaces, business centers, and department stores; MIG Shipping SA, which provides passenger ferry services in the Eastern Mediterranean; and Marfin Capital SA, supporting financial services activities. Its portfolio also encompasses investments in equities and fixed income securities, maritime transportation, financial services segments, and other real estate holdings, with majority revenues derived from real estate operations in European countries; Piraeus Bank holds the primary shareholder position at approximately 87.8%. Recent developments include reporting consolidated profit after tax of €3.1 million for the third quarter of 2025, up significantly from €31 thousand the prior year, alongside first-half 2025 equity portfolio returns of 7.3% and fixed income returns of 5.8%, with equity totaling €127.6 million; in May 2023, the company exchanged its 79.38% stake in Attica Group for full repayment of its bond loans, streamlining its balance sheet.