Metrics to compare | MG | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipMGPeersSector | |
|---|---|---|---|---|
P/E Ratio | −29.1x | 11.5x | 11.3x | |
PEG Ratio | - | 0.01 | 0.03 | |
Price/Book | 1.2x | 1.4x | 1.5x | |
Price / LTM Sales | 0.1x | 0.9x | 0.9x | |
Upside (Analyst Target) | - | 37.4% | 27.3% | |
Fair Value Upside | Unlock | 13.5% | 14.1% | Unlock |
Millennium Global Holdings, Inc., together with its subsidiaries, engages in the seafood business in the Philippines and internationally. The company processes seafood products, such as black tiger shrimp, kisu (asohos) fillets, and frozen lobsters, as well as squid, octopus, cuttlefish, abalone/tokobushi, leather jacket fish, giant squid fillet, groupers, parrot fish, and other aquaculture products. It also imports salmon, mackerel scad, scallops, and shrimp for supermarkets, groceries, food processors, hotels, and restaurants. In addition, the company manufactures, processes, and deals in pasteurized canned crabmeat, frozen marine products, and other food products. It exports its products to the United States, Taiwan, Hong Kong, and Japan. The company was formerly known as IPVG Corp. and changed its name to Millennium Global Holdings, Inc. in February 2013. The company was incorporated in 1964 and is based in Paranaque City, the Philippines. Millennium Global Holdings, Inc. operates as a subsidiary of PCD Nominee Corporation (Filipino).