Multi Ways Holdings Limited (MWG) AI Stock Analysis

Multi Ways Holdings Limited

(NYSE MKT:MWG)

Select Model

Rating:51.7Neutral

Price Target:$1.50▲(3.95% Upside)

Action:reiterated

Date:08/20/26

The overall score reflects a company that is stabilizing but still risky: improving leverage and recovering cash flows support the balance sheet and liquidity, yet ongoing losses and revenue contraction constrain financial strength; technically, the stock shows short-term price firmness with elevated momentum and volatility that increase downside risk, while a seemingly modest P/E offers some valuation appeal but is tempered by uncertain earnings quality and lack of dividend support.

Positive Factors

DeleveragingMeaningful deleveraging reduces financial risk and improves flexibility for an industrial equipment distributor serving business customers. A lower debt burden can reduce financing pressure, strengthen resilience through weaker demand, and leave more capacity for operating investment over the next several quarters.

Negative Factors

Prolonged Revenue DeclineThree consecutive years of revenue contraction point to sustained pressure on demand, customer activity, or business scale rather than a single-period setback. Continued top-line weakness can limit operating leverage, reduce reinvestment capacity, and make a durable earnings recovery harder to achieve.

Multi Ways Holdings Limited (MWG) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $5.98M
Dividend Yield: ―
Average Volume (3M): 8,543
Price to Earnings (P/E): 8.2
Beta (1Y): 0.97
Revenue Growth: 46.94%
EPS Growth: 86.28%
Country: US
Employees: 92
Sector: Industrials
Sector Strength: 63
Industry: Rental & Leasing Services

Multi Ways Holdings Limited Business Overview & Revenue Model

Company Description

Multi Ways Holdings Ltd. provides a diverse selection of heavy construction machinery, available for both sale and rent, to clients across Singapore, Australia, and various international markets. The company serves key sectors including infrastructur...

Multi Ways Holdings Limited Financial Statement Overview

Summary

Financial performance is fragile but improving: an income statement score of 42 reflects TTM net loss and declining revenue, while a stronger balance sheet score of 65 shows deleveraging and equity growth, and a cash flow score of 55 highlights a recent recovery in operating cash flows despite historical volatility.

Income Statement

42Neutral

Balance Sheet

65Positive

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	34.18M	44.77M	31.07M	36.02M	38.36M	33.41M
Gross Profit	7.92M	11.08M	9.71M	8.38M	9.74M	9.36M
EBITDA	1.53M	2.52M	-450.00K	4.56M	3.12M	4.34M
Net Income	-353.56K	-433.00K	-2.85M	1.79M	978.00K	1.80M
Balance Sheet
Total Assets	61.93M	61.93M	69.58M	58.00M	52.79M	54.62M
Cash, Cash Equivalents and Short-Term Investments	2.02M	2.02M	3.31M	9.28M	1.33M	1.53M
Total Debt	14.99M	14.99M	21.91M	12.77M	17.64M	17.94M
Total Liabilities	39.28M	39.28M	49.49M	36.17M	46.47M	49.26M
Stockholders Equity	22.66M	22.66M	20.09M	21.83M	6.26M	5.36M
Cash Flow
Free Cash Flow	4.01M	3.96M	-13.51M	-1.90M	16.00K	5.63M
Operating Cash Flow	4.17M	4.12M	-12.91M	55.00K	833.00K	5.63M
Investing Cash Flow	-182.18K	-179.86K	26.00K	6.81M	-1.14M	343.00K
Financing Cash Flow	-4.91M	-4.85M	9.22M	-875.00K	-219.00K	-4.76M

Multi Ways Holdings Limited Technical Analysis

Technical Analysis SentimentNeutral

Last Price1.44

Price Trends

50DMA1.35Positive

100DMA1.32Positive

200DMA1.63Negative

Market Momentum

MACD0.03Positive

RSI52.04Neutral

STOCH58.33Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MWG, the sentiment is Neutral. The current price of 1.44 is below the 20-day moving average (MA) of 1.45, above the 50-day MA of 1.35, and below the 200-day MA of 1.63, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 52.04 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MWG.

Multi Ways Holdings Limited Risk Analysis

Multi Ways Holdings Limited disclosed 43 risk factors in its most recent earnings report. Multi Ways Holdings Limited reported the most risks in the "Finance & Corporate" category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

0 New Risks

Multi Ways Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

MWG against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MGRC	76Outperform	$2.88B	18.20	12.75%	1.67%	2.13%	9.85%
TLIH	73Outperform	$16.17M	4.18	28.10%	―	13.25%	33.73%
CTOS	71Outperform	$2.41B	81.73	3.63%	―	5.78%	―
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
HRI	58Neutral	$5.55B	45.04	6.37%	1.69%	19.38%	―
MWG	52Neutral	$7.42M	8.24	-1.60%	―	46.94%	86.28%
ALTG	49Neutral	$241.08M	-2.87	456.25%	―	-1.80%	-24.66%

* Industrials Sector Average

Performance Comparison

MWG and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
MWG	Multi Ways Holdings Limited	1.44	-1.41	-49.39%
HRI	Herc Holdings Inc.	165.76	32.02	23.94%
MGRC	Mcgrath Rentcorp	118.28	11.00	10.25%
CTOS	Custom Truck One Source, Inc.	10.60	4.79	82.44%
ALTG	Alta Equipment Group, Inc.	7.38	1.39	23.21%
TLIH	Ten-League International Holdings Limited	5.50	1.16	26.82%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 20, 2026

Multi Ways Holdings Limited AI Stock Analysis