| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 371.97 | 131106 |
| Intrinsic value (DCF) | 2.50 | 782 |
| Graham-Dodd Method | n/a | |
| Graham Formula | 1.04 | 266 |
Mint Incorporation Limited (NASDAQ: MIMI) is a Hong Kong-based company specializing in interior design and fit-out services for commercial and residential spaces. Founded in 2018, the company provides comprehensive design solutions, including 3D technical drawings, layout plans, and full-scale fit-out execution. Operating in the Engineering & Construction sector under Industrials, Mint Inc. serves clients seeking high-quality, customized interior environments. With a market capitalization of approximately $118.7 million, the company has demonstrated steady revenue growth, reporting $4.38 million in revenue and $783,438 in net income for the fiscal year ending March 2024. Mint’s strong operating cash flow of $756,471 and minimal debt ($42,180) reflect a financially stable business model. The company’s niche focus on design-led fit-out services positions it uniquely in Asia’s competitive construction and interior design market.
Mint Incorporation Limited presents a niche investment opportunity in the interior design and fit-out segment, with a strong balance sheet and positive cash flow. The company’s low debt levels and profitability (EPS of $0.034) suggest financial stability, while its negative beta (-2.407) indicates potential low correlation with broader market movements, which could appeal to risk-averse investors. However, its small market cap and limited revenue base ($4.38M) expose it to competitive pressures and regional economic risks. The lack of dividend payouts may deter income-focused investors. Growth prospects hinge on expansion in Asia’s interior design market, but scalability remains a challenge given the project-based nature of the business.
Mint Incorporation Limited competes in the fragmented interior design and fit-out industry, where differentiation relies on design expertise, project execution, and client relationships. The company’s competitive advantage lies in its integrated service model, combining 3D design visualization with fit-out execution—a value proposition for clients seeking end-to-end solutions. However, its small scale limits its ability to compete with larger construction and design firms that benefit from economies of scale and diversified service offerings. Mint’s Hong Kong focus exposes it to regional market fluctuations, whereas global competitors mitigate risk through geographic diversification. The company’s negative beta suggests it may not follow broader sector trends, but this could also reflect limited liquidity or atypical business drivers. To sustain growth, Mint must leverage its design capabilities to secure high-margin projects while exploring partnerships or acquisitions to expand its footprint.