(MNSO) Miniso Holding - Overview
Stock: Lifestyle Products, Pop Toys, Home Decor, Beauty Tools, Stationery
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.47% |
| Yield on Cost 5y | 2.28% |
| Yield CAGR 5y | 41.02% |
| Payout Consistency | 100.0% |
| Payout Ratio | 10.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 43.2% |
| Relative Tail Risk | -7.56% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.16 |
| Alpha | -38.38 |
| Character TTM | |
|---|---|
| Beta | 1.228 |
| Beta Downside | 1.424 |
| Drawdowns 3y | |
|---|---|
| Max DD | 53.32% |
| CAGR/Max DD | 0.19 |
Description: MNSO Miniso Holding January 09, 2026
MINISO Group Holding Ltd. (NYSE:MNSO) is a Guangzhou-based investment holding company that operates a global retail and wholesale network of design-focused lifestyle and pop-toy products. Its portfolio spans home décor, small electronics, textiles, accessories, beauty tools, cosmetics, personal care, snacks, fragrances, stationery, and gifts sold under the MINISO brand, while the TOP TOY brand supplies blind boxes, toy bricks, model figures, collectible dolls and other licensed toys. The firm also generates revenue through brand-licensing agreements and an expanding online sales channel.
Key recent data points (as of FY 2023) include: ≈ 1,200 stores worldwide, with a 12% YoY increase in same-store sales driven by stronger foot traffic in Tier-1 and Tier-2 Chinese cities; e-commerce contributed roughly 18% of total revenue, reflecting a 35% YoY growth in online orders; and the company reported a 9% rise in consolidated revenue to CNY 13.2 bn, outpacing the broader Broadline Retail sub-industry’s average 5% growth. Primary macro drivers are China’s post-COVID consumer-spending rebound, continued urbanization in Southeast Asia, and the sector-wide shift toward omnichannel retail models.
For a deeper, data-rich assessment of MINISO’s valuation and risk profile, you may find ValueRay’s analyst toolkit worth exploring.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: 2.15b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -4.34 > 1.0 |
| NWC/Revenue: 84.44% < 20% (prev 34.13%; Δ 50.32% < -1%) |
| CFO/TA 0.08 > 3% & CFO 2.17b > Net Income 2.15b |
| Net Debt (7.89b) to EBITDA (1.78b): 4.44 < 3 |
| Current Ratio: 11.78 > 1.5 & < 3 |
| Outstanding Shares: last quarter (311.7m) vs 12m ago -0.28% < -2% |
| Gross Margin: 45.16% > 18% (prev 0.44%; Δ 4472 % > 0.5%) |
| Asset Turnover: 66.58% > 50% (prev 99.92%; Δ -33.34% > 0%) |
| Interest Coverage Ratio: 5.56 > 6 (EBITDA TTM 1.78b / Interest Expense TTM 323.9m) |
Altman Z'' 3.58
| A: 0.44 (Total Current Assets 13.76b - Total Current Liabilities 1.17b) / Total Assets 28.67b |
| B: 0.03 (Retained Earnings 791.8m / Total Assets 28.67b) |
| C: 0.08 (EBIT TTM 1.80b / Avg Total Assets 22.40b) |
| D: 0.06 (Book Value of Equity 1.10b / Total Liabilities 17.84b) |
| Altman-Z'' Score: 3.58 = A |
Beneish M -0.38
| DSRI: 0.23 (Receivables 380.7m/1.76b, Revenue 14.92b/16.12b) |
| GMI: 0.97 (GM 45.16% / 43.90%) |
| AQI: 6.66 (AQ_t 0.28 / AQ_t-1 0.04) |
| SGI: 0.93 (Revenue 14.92b / 16.12b) |
| TATA: -0.00 (NI 2.15b - CFO 2.17b) / TA 28.67b) |
| Beneish M-Score: -0.38 (Cap -4..+1) = D |
What is the price of MNSO shares?
Over the past week, the price has changed by -3.40%, over one month by -5.18%, over three months by -13.32% and over the past year by -16.93%.
Is MNSO a buy, sell or hold?
- StrongBuy: 11
- Buy: 5
- Hold: 1
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the MNSO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 27.3 | 47.6% |
| Analysts Target Price | 27.3 | 47.6% |
| ValueRay Target Price | 18.4 | -0.2% |
MNSO Fundamental Data Overview February 02, 2026
P/E Trailing = 18.46
P/E Forward = 24.6914
P/S = 0.2811
P/B = 3.622
Revenue TTM = 14.92b CNY
EBIT TTM = 1.80b CNY
EBITDA TTM = 1.78b CNY
Long Term Debt = 5.62b CNY (from longTermDebt, last quarter)
Short Term Debt = 3.05b CNY (from shortTermDebt, last quarter)
Debt = 10.99b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.89b CNY (from netDebt column, last quarter)
Enterprise Value = 42.12b CNY (38.89b + Debt 10.99b - CCE 7.76b)
Interest Coverage Ratio = 5.56 (Ebit TTM 1.80b / Interest Expense TTM 323.9m)
EV/FCF = 29.96x (Enterprise Value 42.12b / FCF TTM 1.41b)
FCF Yield = 3.34% (FCF TTM 1.41b / Enterprise Value 42.12b)
FCF Margin = 9.42% (FCF TTM 1.41b / Revenue TTM 14.92b)
Net Margin = 14.43% (Net Income TTM 2.15b / Revenue TTM 14.92b)
Gross Margin = 45.16% ((Revenue TTM 14.92b - Cost of Revenue TTM 8.18b) / Revenue TTM)
Gross Margin QoQ = 44.68% (prev 44.28%)
Tobins Q-Ratio = 1.47 (Enterprise Value 42.12b / Total Assets 28.67b)
Interest Expense / Debt = 1.14% (Interest Expense 124.8m / Debt 10.99b)
Taxrate = 21.27% (712.1m / 3.35b)
NOPAT = 1.42b (EBIT 1.80b * (1 - 21.27%))
Current Ratio = 11.78 (Total Current Assets 13.76b / Total Current Liabilities 1.17b)
Debt / Equity = 7.28 (Debt 10.99b / totalStockholderEquity, last quarter 1.51b)
Debt / EBITDA = 4.44 (Net Debt 7.89b / EBITDA 1.78b)
Debt / FCF = 5.61 (Net Debt 7.89b / FCF TTM 1.41b)
Total Stockholder Equity = 8.33b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.61% (Net Income 2.15b / Total Assets 28.67b)
RoE = 25.85% (Net Income TTM 2.15b / Total Stockholder Equity 8.33b)
RoCE = 12.91% (EBIT 1.80b / Capital Employed (Equity 8.33b + L.T.Debt 5.62b))
RoIC = 8.81% (NOPAT 1.42b / Invested Capital 16.09b)
WACC = 8.34% (E(38.89b)/V(49.88b) * Re(10.44%) + D(10.99b)/V(49.88b) * Rd(1.14%) * (1-Tc(0.21)))
Discount Rate = 10.44% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 0.00%
[DCF Debug] Terminal Value 76.16% ; FCFF base≈1.44b ; Y1≈1.38b ; Y5≈1.33b
Fair Price DCF = 47.22 (EV 22.20b - Net Debt 7.89b = Equity 14.31b / Shares 303.1m; r=8.34% [WACC]; 5y FCF grow -5.77% → 2.90% )
EPS Correlation: 20.47 | EPS CAGR: -26.20% | SUE: -3.99 | # QB: 0
Revenue Correlation: 14.25 | Revenue CAGR: -27.98% | SUE: -2.91 | # QB: 0
EPS next Year (2026-12-31): EPS=11.44 | Chg30d=-0.257 | Revisions Net=-5 | Growth EPS=+23.4% | Growth Revenue=+18.1%