How to buy Merchant House International shares | A$0.05

Merchant House International Limited is a textile manufacturing business based in Australia. Merchant House International shares (MHI) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.05 – the same closing value as a week prior. Merchant House International has a trailing 12-month revenue of around $63.4 million.

How to buy shares in Merchant House International

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Merchant House International . Find the share by name or ticker symbol: MHI. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Merchant House International reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.05, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Merchant House International . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Merchant House International 's share price?

Since the stock market crash in March caused by coronavirus, Merchant House International 's share price has had significant negative movement.

Its last market close was $0.05, which is 61.54% down on its pre-crash value of $0.13 and 130.00% down on the lowest point reached during the March crash when the shares fell as low as $0.115.

If you had bought $1,000 worth of Merchant House International shares at the start of February 2020, those shares would have been worth $1,043.48 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $434.78.

Merchant House International share price

Use our graph to track the performance of MHI stocks over time.

Merchant House International shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.05
52-week range	AUDA$0.045 - AUDA$0.13
50-day moving average	AUDA$0.05
200-day moving average	AUDA$0.0614
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.027

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Merchant House International stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Merchant House International Limited by TradingView

Merchant House International price performance over time

Historical closes compared with the close of A$0.05 on 2020-10-22

1 week (2020-10-16)	0%
1 month (2020-09-23)	0%
3 months (2020-07-23)	8.70%
6 months (2020-04-23)	-37.50%

1 year (2019-10-19)	N/A
2 years (2018-10-19)	N/A
3 years (2017-10-19)	N/A
5 years (2015-10-19)	N/A

Is Merchant House International under- or over-valued?

Valuing Merchant House International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Merchant House International 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Merchant House International 's EBITDA

Merchant House International 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $103,000.

The EBITDA is a measure of a Merchant House International 's overall financial performance and is widely used to measure a its profitability.

Merchant House International financials

Revenue TTM	$63.4 million
Gross profit TTM	$8 million
Return on assets TTM	-4.58%
Return on equity TTM	-27.98%
Profit margin	-20.21%
Book value	0.449
Market capitalisation	$4.7 million

TTM: trailing 12 months

Merchant House International share dividends

We're not expecting Merchant House International to pay a dividend over the next 12 months.

Have Merchant House International 's shares ever split?

Merchant House International 's shares were split on a 110:100 basis on 24 August 1995. So if you had owned 100 shares the day before before the split, the next day you'd have owned 110 shares. This wouldn't directly have changed the overall worth of your Merchant House International shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for Merchant House International shares which in turn could have impacted Merchant House International 's share price.

Merchant House International share price volatility

Over the last 12 months, Merchant House International 's shares have ranged in value from as little as $0.045 up to $0.13. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Merchant House International 's is -0.4255. This would suggest that Merchant House International 's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Merchant House International has bucked the trend.

Merchant House International overview

Merchant House International Limited designs, manufactures, and markets home textiles, seasonal and decorative products, and leather shoes. It operates through Home Textile, Footwear Trading, and Footwear Manufacturing segments. The company offers kitchen items, table tops, decorative pillows, seasonal decorations, and kitchen rugs; and footwear products, such as work, safety toe, security, motorcycle, hunting, farm and ranch, and western boots, as well as loggers and waterproof footwear for men. It also engages in the export trading of work boots and safety shoes. The company sells its products in the United States, Australia, China, Hong Kong, and internationally. Merchant House International Limited was founded in 1978 and is headquartered in Chai Wan, Hong Kong.

Frequently asked questions

• What percentage of Merchant House International is owned by insiders?

  Currently 68.197% of Merchant House International shares are held by insiders.

• When does the fiscal year end for Merchant House International ?

  Merchant House International 's fiscal year ends in March.

• Where is Merchant House International based?

  Merchant House International 's address is: E-Trade Plaza, Chai Wan, Hong Kong

• What is Merchant House International 's ISIN number?

  Merchant House International 's international securities identification number is: BMG5996M1091