Megan Holdings Limited
MGNIndustrialsNASDAQEngineering & Construction · Last scanned Jul 22, 2026
Part of the industrials sector, Megan Holdings Limited (MGN) is listed under Engineering & Construction. At a $3.8M market cap, Megan Holdings Limited ranks as a micro-cap company within industrials. The company operates through Aquaculture and Agriculture, Industrial Solutions, and Investment in Marketable Securities segments.
Market Cap
$3.8M
Beta
—
P/E (TTM)
10.23
P/E (Fwd)
—
EPS (TTM)
$0.01
EPS (Fwd)
—
ROE
2.1%
ROA
0.5%
Cash
$29.4M
Total Debt
$3.7M
Free CF
-$9.3M
52W Change
-97.9%
Annual Financials
Cash vs Debt
With $29.4M in cash and $3.7M in debt, MGN maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow is running at -$9.3M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 2.1% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 0.5% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $72.3M to $83.9M.
The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Megan Holdings Limited's trajectory.