Tearsheet

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 High stock price volatility
Vol 12M is 336%
0 High stock price volatility
Vol 12M is 336%

Valuation, Metrics & Events

MGN Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

The stock of Megan (symbol: MGN) experienced an 83.2% movement in the approximate time period from August 31, 2025, to December 4, 2025, driven by several key factors:



1. Successful Initial Public Offering (IPO) and Nasdaq Listing: Megan Holdings Limited commenced trading on Nasdaq on September 26, 2025, after pricing its initial public offering at $4.00 per share on September 25, 2025. The closing of this $5 million IPO on September 29, 2025, marked the company's entry into the public market, generating significant investor interest and potential for initial stock price appreciation.

2. Strategic Deployment of IPO Proceeds for Growth: The company outlined plans to allocate the capital raised from its IPO towards crucial areas such as sales and marketing, expanding through merger and acquisition activities, and developing its "Smart Farming System." These stated growth initiatives and investments in technological advancement likely fostered investor confidence in Megan Holdings' future prospects.

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
MGN Return0%0%0%0%0%83%83%
Peers Return11%32%8%21%38%28%236%
S&P 500 Return16%27%-19%24%23%16%112%

Monthly Win Rates [3]
MGN Win Rate0%0%0%0%0%10% 
Peers Win Rate35%40%44%46%44%45% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
MGN Max Drawdown0%0%0%0%0%0% 
Peers Max Drawdown-54%-6%-18%-10%-7%-19% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: DY, FLR, GVA, CDNL, KWF.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique KeyEventMGNS&P 500
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-91.2%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven1037.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to BreakevenNot Fully Recovered days1480 days

Compare to DY, FLR, GVA, CDNL, KWF


In The Past

Megan's stock fell -91.2% during the 2008 Global Financial Crisis from a high on 2/9/2007. A -91.2% loss requires a 1037.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Megan (MGN)

Trade Ideas

Select past ideas related to MGN. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
CNM_11212025_Dip_Buyer_FCFYield11212025CNMCore & MainDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
7.3%7.3%-1.6%
VRRM_11212025_Dip_Buyer_FCFYield11212025VRRMVerra MobilityDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
2.3%2.3%-1.2%
LII_11212025_Dip_Buyer_ValueBuy11212025LIILennox InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
4.8%4.8%0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025ADPAutomatic Data ProcessingMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
1.6%1.6%-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%11212025CWCurtiss-WrightQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
2.2%2.2%0.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
CNM_11212025_Dip_Buyer_FCFYield11212025CNMCore & MainDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
7.3%7.3%-1.6%
VRRM_11212025_Dip_Buyer_FCFYield11212025VRRMVerra MobilityDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
2.3%2.3%-1.2%
LII_11212025_Dip_Buyer_ValueBuy11212025LIILennox InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
4.8%4.8%0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025ADPAutomatic Data ProcessingMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
1.6%1.6%-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%11212025CWCurtiss-WrightQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
2.2%2.2%0.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Megan

Peers to compare with:

Financials

MGNDYFLRGVACDNLKWFMedian
NameMegan Dycom In.Fluor Granite .Cardinal.KWF  
Mkt Price2.07352.8044.05106.99--75.52
Mkt Cap-10.27.14.7--7.1
Rev LTM-4,99315,5884,236--4,993
Op Inc LTM-381-226257--257
FCF LTM-123237346--237
FCF 3Y Avg-44240204--204
CFO LTM-397306462--397
CFO 3Y Avg-284355333--333

Growth & Margins

MGNDYFLRGVACDNLKWFMedian
NameMegan Dycom In.Fluor Granite .Cardinal.KWF  
Rev Chg LTM-12.6%-1.8%6.9%--6.9%
Rev Chg 3Y Avg-13.0%4.7%8.7%--8.7%
Rev Chg Q-14.5%-17.7%12.4%--12.4%
QoQ Delta Rev Chg LTM-3.6%-4.5%3.9%--3.6%
Op Mgn LTM-7.6%-1.4%6.1%--6.1%
Op Mgn 3Y Avg-7.5%0.6%3.9%--3.9%
QoQ Delta Op Mgn LTM-0.5%-3.3%0.7%--0.5%
CFO/Rev LTM-8.0%2.0%10.9%--8.0%
CFO/Rev 3Y Avg-6.2%2.2%8.3%--6.2%
FCF/Rev LTM-2.5%1.5%8.2%--2.5%
FCF/Rev 3Y Avg-0.9%1.5%4.9%--1.5%

Valuation

MGNDYFLRGVACDNLKWFMedian
NameMegan Dycom In.Fluor Granite .Cardinal.KWF  
Mkt Cap-10.27.14.7--7.1
P/S-1.40.41.1--1.1
P/EBIT-17.3-57.315.1--15.1
P/E-27.12.026.3--26.3
P/CFO-17.822.310.4--17.8
Total Yield-3.7%49.7%4.0%--4.0%
Dividend Yield-0.0%0.0%0.2%--0.0%
FCF Yield 3Y Avg-0.6%2.8%4.7%--2.8%
D/E-0.20.20.3--0.2
Net D/E-0.2-0.30.2--0.2

Returns

MGNDYFLRGVACDNLKWFMedian
NameMegan Dycom In.Fluor Granite .Cardinal.KWF  
1M Rtn25.5%23.3%-8.3%4.4%--13.8%
3M Rtn83.2%41.7%2.8%1.3%--22.2%
6M Rtn83.2%49.2%2.7%19.6%--34.4%
12M Rtn83.2%84.9%-19.5%8.6%--45.9%
3Y Rtn83.2%287.3%23.5%201.3%--142.2%
1M Excs Rtn25.5%23.3%-8.3%4.4%--13.9%
3M Excs Rtn77.8%33.6%0.9%-6.5%--17.2%
6M Excs Rtn68.5%34.5%-12.0%4.9%--19.7%
12M Excs Rtn69.6%81.2%-35.1%-5.3%--32.2%
3Y Excs Rtn10.4%222.8%-39.3%145.9%--78.2%

Financials

Short Interest

Short Interest: As Of Date11142025
Short Interest: Shares Quantity48,483
Short Interest: % Change Since 10312025-51.2%
Average Daily Volume45,524
Days-to-Cover Short Interest1.06

SEC Filings

Expand for More

Report DateFiling DateFiling
123120248012025F-1/A 12/31/2024
123120232202025F-1/A 12/31/2023