Modern Dental Group Ltd

Chart & Performance

D1W1MN

P/E

9.73

P/S

1.24

EPS

0.43

Div Yield, %

2.52%

Shrs. gr., 5y

-0.92%

Rev. gr., 5y

6.50%

Revenues

3.17b

+12.08%

Net income

404m

+83.30%

CFO

576m

+141.18%

Dividend

Sep 11, 20240.08 HKD/sh

Earnings

May 30, 2025

Profile

Modern Dental Group Limited, an investment holding company, engages in production and distribution of dental prosthetic devices in Europe, Greater China, North America, Australia, and internationally. It operates through three segments: Fixed Prosthetic Devices, Removable Prosthetic Devices, and Others. The Fixed Prosthetic Devices segment offers restorative dental procedures, such as crowns, bridges, and implant. The Removable Prosthetic Devices segment produces full and partial dentures with and without metal frameworks. The Others segment offers orthodontic devices, sports guards, anti-snoring devices, raw materials, and dental equipment. This segment also provides services for educational events and seminars. The company sells its products to dentists, dental clinics, hospitals, distributors, and other customers under the Permadental & Semperdent, Schmidt, Apex Digital Dental, Elysee, Labocast, Modern Dental Laboratory, Yangzhijing, Southern Cross Dental, Andent, Modern Dental USA, Sundance Dental, Quantum Dental, TrioClear, and Digitek Dental brands. Modern Dental Group Limited was founded in 1986 and is based in Kowloon, Hong Kong.

URL

http://www.moderndentalgp.com/

IPO date

Dec 15, 2015

Employees

6,860

Domiciled in

Incorporated in

Valuation

Order:

Title HKD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title HKD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	3,172,048 12.08%	2,830,088 -4.23%	2,955,172 34.93%
Cost of revenue	2,676,598	2,564,093	2,497,804
Unusual Expense (Income)
NOPBT	495,450	265,995	457,368
NOPBT Margin	15.62%	9.40%	15.48%
Operating Taxes	107,411	69,597	103,712
Tax Rate	21.68%	26.16%	22.68%
NOPAT	388,039	196,398	353,656
Net income	404,102 83.30%	220,458 -38.90%	360,825 234.83%
Dividends	(99,030)	(77,472)	(186,508)
Dividend yield	2.42%	3.36%	3.52%
Proceeds from repurchase of equity	(20,150)	62,769	251,457
BB yield	0.49%	-2.72%	-4.74%
Debt
Debt current	110,163	131,148	220,613
Long-term debt	918,046	657,042	612,472
Deferred revenue	52	166	112,812
Other long-term liabilities		116,568	6,029
Net debt	307,353	310,744	191,850
Cash flow
Cash from operating activities	575,760	238,724	510,717
CAPEX	(159,716)	(185,367)	(141,451)
Cash from investing activities	(154,957)	(227,550)	(140,828)
Cash from financing activities	(173,640)	(184,086)	(439,495)
FCF	197,362	23,205	294,533
Balance
Cash	697,694	447,717	638,005
Long term investments	23,162	29,729	3,230
Excess cash	562,254	335,942	493,476
Stockholders' equity	2,261,226	1,890,027	1,869,605
Invested Capital	2,933,099	2,687,005	2,569,763
ROIC	13.81%	7.47%	13.65%
ROCE	14.12%	8.76%	14.87%
EV
Common stock shares outstanding	951,970	956,038	957,224
Price	4.29 78.01%	2.41 -56.50%	5.54 287.41%
Market cap	4,083,953 77.25%	2,304,052 -56.55%	5,303,019 285.52%
EV	4,402,128	2,628,377	5,505,080
EBITDA	640,999	414,052	597,770
EV/EBITDA	6.87	6.35	9.21
Interest	41,222	26,270	23,061
Interest/NOPBT	8.32%	9.88%	5.04%