Megan Holdings Limited
MGNIndustrialsNASDAQEngineering & Construction · Last scanned Oct 23, 2026
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Daily timeframeMegan Holdings Limited engages in the development, construction, maintenance, and upgrade of aquaculture and agriculture farms, and related works in Malaysia. Valued at $2.5M, MGN is a micro-cap name in its sector. The company operates through Aquaculture and Agriculture, Industrial Solutions, and Investment in Marketable Securities segments.
Market Cap
$2.5M
Beta
—
P/E (TTM)
—
P/E (Fwd)
—
EPS (TTM)
$-40.58
EPS (Fwd)
—
ROE
-12.6%
ROA
-3.0%
Cash
$33.6M
Total Debt
$1.3M
Free CF
-$29.7M
52W Change
-99.9%
Annual Financials
Cash vs Debt
Where MGN stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, MGN finished 99.32% below its 150-day moving average ($369.75) and 99.72% below its 200-day moving average ($899.93). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is MGN overbought or oversold?
At the October 20, 2026 close, MGN's RSI(14) was 16.8, in oversold territory (below 30). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
With $33.6M in cash and $1.3M in debt, MGN maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. The company is burning cash, with free cash flow at -$29.7M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -12.6%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. 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. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing MGN.