Miniso Group Holding vs Sally Beauty Holdings
Sally Beauty Holdings is the larger business, with $3.70bn of revenue in fiscal 2025 against $2.98bn for Miniso Group Holding (1.2 times as much). Miniso Group Holding grew faster (26.3% against -0.4%). Miniso Group Holding kept more of each dollar of sales as profit: a net margin of 5.6% against 5.3%.
| Latest fiscal year | Miniso Group HoldingMNSO, 2025 | Sally Beauty HoldingsSBH, 2025 |
|---|---|---|
| Revenue | $2.98bn | $3.70bn |
| Revenue growth | 26.3% | -0.4% |
| Net income | $168m | $196m |
| Operating margin | 15.4% | — |
| Net margin | 5.6% | 5.3% |
| Return on equity | 11.4% | 27.5% |
| Free cash flow | — | $173m |
| Cash | $975m | $149m |
| Total debt | $1.02bn | $875m |
| Debt to equity | 67.5% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $74.5m | $54.0m |
| Employees | — | — |
| Market value | $3.15bn | $1.68bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | — | 72 (Strong) |
| Insider trades, 12 months | 7 buys, 0 sales | 0 buys, 3 sales |