MSM International Limited

MSM International Limited

SSGX:51O
0.17
SGD
-0.11
(-40.00%)
9.97MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
3.78
3
4.21
3.65
4.12
3.65
3.06
2.29
2.99
3.09
3.43
3.12
4.11
- -
Basic EPS, GAAP
0.1
0.05
0.25
-0.06
0.01
0.12
-0.38
-0.39
0.13
0.03
0.01
0.42
- -
- -
Free Cash Flow per Basic Share
0.32
0.16
0.17
0.37
0.14
0.09
-0.28
-0.05
0.24
0.24
0.12
-0.26
0.08
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.63
1.68
1.93
1.87
1.88
1.94
1.43
1.05
1.18
1.2
1.22
1.64
1.64
1.64
Tangible Book Value per Share
1.63
1.67
1.92
1.87
1.88
1.94
1.43
1.05
1.18
1.2
1.22
1.64
1.64
1.64
Basic Weighted Avg Shares
23
23
23
23
23
23
24
26
26
26
26
26
26
26
Sales/Revenue/Turnover
85
68
95
82
93
82
75
60
79
82
90
82
108
- -
Operating Margin (%)
6.96
2.31
6.89
0.75
4.18
2
-15.14
-16.22
2.27
-4.35
2.82
3.05
2.02
- -
Depreciation Expense
4
4
4
4
4
4
6
5
4
4
3
3
4
- -
Net Income, GAAP
2
1
6
-1
- -
3
-9
-10
4
1
- -
11
- -
- -
Effective Tax Rate (%)
46.46
- -
12.34
- -
62.91
82.83
- -
- -
6.57
13.54
53.8
3.28
78.66
- -
Profit Margin (%)
2.58
1.78
5.82
-1.51
0.16
3.41
-12.34
-16.83
4.48
0.82
0.42
13.5
0.03
- -
Working Capital
15
15
18
16
16
15
9
-1
8
2
1
19
17
17
LT Debt
23
23
24
21
21
16
35
37
31
29
26
23
24
24
Total Equity
37
38
43
42
43
44
38
28
32
33
33
44
44
44
Return on Invested Capital (%)
4.3
- -
8.17
- -
1.79
0.4
- -
- -
3.95
-0.67
1.57
18.49
0.46
- -
Return on Capital (%)
4.31
- -
8.32
- -
0.81
3.29
- -
- -
6.02
3.83
2.16
15.09
0.59
- -
Return on Common Equity (%)
6.15
3.24
13.58
-2.9
0.35
6.52
-22.63
-31.04
12.02
2.12
1.18
29.5
0.07
- -

Capital Structure

MYR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
33
31
33
LT Borrowings
19
18
19
LT Finance Leases
4
4
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
26
26
26
Market Capitalization
- -
12
31

Working Capital

MYR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
68
78
76
Cash, Cash Equivalents & STI
21
20
20
Accounts Receivable, Net
26
34
35
Inventories
9
11
11
Total Current Liabilities
50
58
58
Payables & Accruals
- -
- -
- -
ST Debt
33
31
33
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.32%
10%
0.38%
Free Cash Flow
-163.08%
-222.91%
-131.39%
Net Income, GAAP
365.4%
497.62%
-99.73%
Sales/Revenue/Turnover
2.76%
13.58%
31.74%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

MYR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
90
2025
- -
- -
82
2026
- -
- -
108

Semi-annual Earnings Per Share

MYR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.01
2025
- -
- -
0.42
2026
- -
- -
- -

Semi-annual Dividends Per Share

MYR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Wen Chau Chan
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Seri Kembangan Malaysia
IPO Date
May 11, 2010
Business
MSM International Limited is an investment holding company and integrated metal engineering solutions provider that designs, manufactures, and distributes customized metal products, OEM precision engineering components, and commercial foodservice equipment. Founded in 1973 and headquartered in Seri Kembangan, Malaysia, with its registered office in Singapore, the company operates primarily through four core business segments: OEM Contract Manufacturing, Kitchen Appliances and Equipment, Cleanroom and Laboratory Equipment, and Metal Engineering Services. Through key operating subsidiaries including Mann Seng Metal Precision Sdn. Bhd., MSM Metal Industries Sdn. Bhd., and MSM Kitchen Sdn. Bhd., the company provides a comprehensive portfolio of products and services, including: precision sheet metal fabrication, high-precision laser cutting, CNC punching, stamping, and automated robotic welding for industrial machinery, telecommunications, and semiconductor applications; commercial kitchen solutions comprising commercial refrigeration units, stainless steel preparation tables, cooking ranges, exhaust ventilation hoods, food display cases, bakery equipment, and food waste handling systems marketed under proprietary brands such as COSMOS as well as distributed international partner brands; cleanroom equipment and sterile furnishings including laminar flow workbenches, stainless steel pass-through boxes, garment storage cubicles, and containment enclosures for the pharmaceutical, biotechnology, and semiconductor manufacturing sectors; and turnkey commercial kitchen engineering services encompassing computerized kitchen workflow design, customized stainless steel architectural fit-outs, equipment installation, testing, and round-the-clock maintenance services. MSM International Limited serves a diversified clientele that includes hotel chains, commercial food and beverage operators, hospital catering facilities, educational institutions, semiconductor fabrication plants, and multinational equipment manufacturers across Malaysia, Singapore, Indonesia, Vietnam, and broader Asia-Pacific markets. In recent corporate developments, the company has undertaken strategic modernization of its manufacturing facilities by investing in advanced automated fiber-laser cutting lines and high-tonnage CNC press brakes to expand production capacity for semiconductor and high-technology contract manufacturing clients. Additionally, the company has streamlined its regional supply chain and commercial kitchen sales channels, expanding its portfolio of energy-efficient smart kitchen appliances and entering strategic distribution partnerships to broaden its footprint in commercial hospitality and institutional catering projects across Southeast Asia.