Masonglory Ltd is a US-listed company in the construction & engineering industry. Its financial year ends in March.
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~$7.3
Valuation models combined (2)
Base case. Range ~$2.0–$10. Weighted average of 2 models (price-to-earnings vs peers, justified price-to-book), the price-to-earnings vs peers counting double.
No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.
Masonglory Ltd valuation: adjust assumptions and compare models →
Revenue for the twelve months was $24m. The diluted share count is up 16.7% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 2 of our 2 financial-health checks. Our valuation models combined value is $7.64 a share, against a share price of $3.83.
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Masonglory Ltd's trailing-twelve-month revenue grew 1.0% year on year, with a free-cash-flow margin of -24.6%. Where it lags: net margin of -34.0% ranks 40 of 42 construction & engineering companies we cover.
Current signal Balance sheet growing far ahead of sales: Total assets grew 75% year over year while revenue grew 1% — the balance sheet is expanding 74 points faster than the business it supports.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Nothing in Masonglory Ltd's latest figures clears our strength thresholds.
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Company announcements, filed results and changes that matter to shareholders.
No recent updates are available for MSGY from the sources we follow. See filings →
We value Masonglory Ltd as an operating company, with every model that fits that kind of business. Cost of equity 10.9%: the 10-year Treasury yield (4.9%) plus a beta of 1.31 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | ~$10 ~$9.2–$16 | Primary model, counts double |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: return on equity above 40%: buybacks or intangibles make book value too small an anchor |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | ~$2.0 ~$1.8–$2.3 | Included |
| Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. | — | Does not apply: revenue and margins don't support a positive value |
| Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. | — | Does not apply: earnings are positive: price-to-earnings is the better measure |
| Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$7.3 ~$2.0–$10 | 2 models |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Masonglory Ltd with Construction & Engineering in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
| At fiscal year end | 2026 |
|---|---|
| Share price | $3.68 |
| Market value | $53m |
| + Net debt (− = net cash) | −$315721 |
| Enterprise value | $53m |
| Multiples | |
| Price / sales | 2.2x |
| Price / earnings | — |
| Price / free cash flow | — |
| EV / EBITDA | — |
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
No analyst estimates are published for Masonglory Ltd: too few analysts cover it.
| Calendar year | 2026 to date |
|---|---|
| Return | |
| MSGY | −82% |
| Industry peers (median) | +0% |
| S&P 500 | +11% |
| Months that ended higher | |
| MSGY | 36% |
| S&P 500 | 46% |
| Largest fall from a high during the year | |
| MSGY | −96% |
| S&P 500 | −9% |
Worst fall since July 8, 2025: 99% from October 1, 2025 to September 9, 2026. Getting back needed a 8970% gain, and the shares have not yet recovered.
Source: SEC EDGAR filings. Retrieved Invalid Date.
| Period | Revenue (TTM) |
|---|---|
| FY23 Q4 | $8M |
| FY24 Q4 | $20.6M |
| FY25 Q4 | $23.3M |
| FY26 Q4 | $23.6M |
Source: SEC EDGAR filings. Retrieved Invalid Date.
| Period | Operating margin (TTM) |
|---|---|
| FY23 Q4 | 2.9% |
| FY24 Q4 | 7.4% |
| FY25 Q4 | 6.4% |
| FY26 Q4 | -33.2% |
| Fiscal year | 2023 Mar 2023 | 2024 Mar 2024 | 2025 Mar 2025 | 2026 Mar 2026 |
|---|---|---|---|---|
| Income | ||||
| Revenue | 8 | 21 | 23 | 24 |
| Gross profit | 0 | 2 | 2 | 1 |
| EBITDA | — | — | 2 | −8 |
| Operating income | 0 | 2 | 2 | −8 |
| Net income | 0 | 1 | 1 | −8 |
| Diluted EPS | $0.03 | $0.11 | $0.10 | $0.56 |
| Growth (year on year) | ||||
| Revenue | — | +159.4% | +13.0% | +1.0% |
| EBITDA | — | — | — | −606.3% |
| Operating income | — | +570.5% | −1.1% | −619.9% |
| Net income | — | +290.0% | −1.6% | −727.4% |
| Diluted EPS | — | +266.7% | −9.1% | +460.0% |
| Margins | ||||
| Gross margin | 4.6% | 8.2% | 9.3% | 4.4% |
| EBITDA margin | — | — | 6.5% | −32.3% |
| Operating margin | 2.9% | 7.4% | 6.4% | −33.2% |
| Net margin | 4.2% | 6.3% | 5.5% | −34.0% |
| Free-cash-flow margin | — | — | — | −24.6% |
| Cash flow | ||||
| Cash from operations | −1 | −2 | 3 | −4 |
| Capital spending | — | — | — | 2 |
| Free cash flow | — | — | — | −6 |
| Balance sheet | ||||
| Cash | 0 | 0 | 2 | 0 |
| Total debt | 0 | 0 | 0 | 0 |
| Net debt (negative = net cash) | −0 | −0 | −2 | −0 |
| Diluted shares | 12m | 12m | 12m | 14m |
| Last 12 months unless stated | MSGY | PBK | FBGL | FGL | MGN | MAGH | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $24m | $20m | $20m | $28m | $20m | $15m | $1.5bn |
| Revenue growth, last 12 months | 1.0% | −33.4% | 91.0% | 42.6% | 48.5% | 28.9% | 21.2% |
| Gross margin | 4.4% | 34.7% | 10.2% | 11.6% | 1.7% | 10.5% | 13.0% |
| Operating margin | −33.2% | −82.6% | −7.5% | — | 0.7% | −11.6% | 4.1% |
| Net margin | −34.0% | −88.5% | −7.9% | −6.9% | 1.0% | −12.2% | 1.9% |
| Cash from operations / revenue | −16.2% | −46.8% | −15.9% | −34.0% | −11.4% | −10.0% | 4.4% |
| Free-cash-flow margin | −24.6% | −46.8% | −16.2% | −34.7% | −11.4% | −10.2% | 2.3% |
| Stock pay / revenue | — | 4.5% | 0.7% | — | — | — | 0.7% |
| Change in share count | 16.7% | 29.2% | 18.9% | 87.0% | 2.1% | 3.5% | 0.8% |
| Measure | Company | Peer median | Rank |
|---|---|---|---|
| Revenue growth Growth | 1.0% | 21.2% | 33 of 43 |
| Change in growth rate Growth | -12.0pp | +3.2pp | 40 of 43 |
| Gross margin Profitability | 4.4% | 11.8% | 35 of 39 |
| Operating margin Profitability | -33.2% | 4.1% | 37 of 39 |
| Net margin Profitability | -34.0% | 2.1% | 40 of 42 |
| Free-cash-flow margin Cash generation | -24.6% | 2.3% | 38 of 43 |
| Change in share count Balance sheet | 16.7% | 1.9% | 34 of 40 |
| Days sales outstanding Balance sheet | 60 days | 67 days | 11 of 27 |
Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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