Recent Insider Transactions • Jul 29
CEO & Executive Director recently bought R4.9m worth of stock On the 24th of July, Warwick Marshall bought around 7k shares on-market at roughly R659 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Warwick has been a buyer over the last 12 months, purchasing a net total of R84m worth in shares. New Risk • Jul 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 29% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (R1.27b market cap, or US$78.1m). Declared Dividend • Jun 29
Final dividend of R0.35 announced Shareholders will receive a dividend of R0.35. Ex-date: 15th July 2026 Payment date: 31st July 2026 Dividend yield will be 2.5%, which is lower than the industry average of 5.8%. Sustainability & Growth The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • Jun 28
Full year 2026 earnings released: EPS: US$0.26 (vs US$0.017 in FY 2025) Full year 2026 results: EPS: US$0.26 (up from US$0.017 in FY 2025). Revenue: US$108.8m (up 34% from FY 2025). Net income: US$10.5m (up US$9.90m from FY 2025). Profit margin: 9.7% (up from 0.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. 공고 • Jun 18
Marshall Monteagle PLC to Report Fiscal Year 2026 Results on Jun 26, 2026 Marshall Monteagle PLC announced that they will report fiscal year 2026 results on Jun 26, 2026 Recent Insider Transactions • Mar 22
CEO & Executive Director recently bought R22m worth of stock On the 13th of March, Warwick Marshall bought around 31k shares on-market at roughly R696 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Warwick's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to R30.25, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 10x in the Trade Distributors industry in Africa. Total returns to shareholders of 61% over the past three years. New Risk • Feb 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (R1.01b market cap, or US$63.5m). Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to R30.00, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 12x in the Trade Distributors industry in Africa. Total returns to shareholders of 36% over the past three years. Upcoming Dividend • Jan 02
Upcoming dividend of R0.34 per share Eligible shareholders must have bought the stock before 07 January 2026. Payment date: 23 January 2026. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of South African dividend payers (7.3%). Lower than average of industry peers (4.4%). Declared Dividend • Dec 17
First half dividend of R0.34 announced Shareholders will receive a dividend of R0.34. Ex-date: 7th January 2026 Payment date: 23rd January 2026 Dividend yield will be 2.8%, which is lower than the industry average of 5.8%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Dec 16
First half 2026 earnings released: EPS: US$0.23 (vs US$0.077 in 1H 2025) First half 2026 results: EPS: US$0.23 (up from US$0.077 in 1H 2025). Revenue: US$46.5m (up 16% from 1H 2025). Net income: US$8.15m (up 194% from 1H 2025). Profit margin: 18% (up from 6.9% in 1H 2025). 공고 • Dec 05
Marshall Monteagle PLC to Report First Half, 2026 Results on Dec 15, 2025 Marshall Monteagle PLC announced that they will report first half, 2026 results on Dec 15, 2025 공고 • Sep 03
Marshall Monteagle PLC has filed a Follow-on Equity Offering in the amount of $10.757252 million. Marshall Monteagle PLC has filed a Follow-on Equity Offering in the amount of $10.757252 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,964,377
Price\Range: $1.2
Transaction Features: Rights Offering 공고 • Jul 11
Marshall Monteagle PLC, Annual General Meeting, Sep 12, 2025 Marshall Monteagle PLC, Annual General Meeting, Sep 12, 2025. Location: registered office at 2nd floor, gaspe house, 66-72 esplanade, st helier, jersey, je1 1gh, Jersey Declared Dividend • Jul 03
Final dividend of R0.36 announced Shareholders will receive a dividend of R0.36. Ex-date: 16th July 2025 Payment date: 1st August 2025 Dividend yield will be 2.4%, which is lower than the industry average of 5.8%. Sustainability & Growth Dividend is not covered by earnings (233% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 159% to bring the payout ratio under control, which is more than the 16% EPS growth achieved over the last 5 years. 공고 • Jun 30
Marshall Monteagle plc Declares Final Gross Dividend for the Year Ended 31 March 2025, Payable on 1 August 2025 Marshall Monteagle PLC declared a final gross dividend for the year ended 31 March 2025 of US 2.00000 cents per share (35.56280 ZAR cents per share). The dividend will be paid on 1 August 2025 to those shareholders registered at the close of business on, 18 July 2025. Shares trade ex-dividend: 16 July 2025. New Risk • Jun 29
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.7% Last year net profit margin: 4.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (R1.04b market cap, or US$58.5m). Reported Earnings • Jun 29
Full year 2025 earnings released: EPS: US$0.017 (vs US$0.10 in FY 2024) Full year 2025 results: EPS: US$0.017 (down from US$0.10 in FY 2024). Revenue: US$85.2m (up 2.6% from FY 2024). Net income: US$615.0k (down 83% from FY 2024). Profit margin: 0.7% (down from 4.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. 공고 • Jun 21
Marshall Monteagle plc Provides Earnings Guidance for the Year Ended 31 March 2025 Marshall Monteagle PLC provided earnings guidance for the year ended 31 March 2025. For the year, the company expected headline earnings per share of USD 2.20 cents, corresponding to a decrease of 62% in comparison to headline earnings per share of USD 5.8 cents reported for the financial year ended 31 March 2024; and Earnings per share of USD 1.0 cents, corresponding to a decrease of 93%, in comparison to earnings per share of USD 14.6 cents reported for the financial year ended 31 March 2024. 공고 • Jun 20
Marshall Monteagle PLC to Report Fiscal Year 2025 Results on Jun 27, 2025 Marshall Monteagle PLC announced that they will report fiscal year 2025 results on Jun 27, 2025 New Risk • Mar 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South African stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (R1.04b market cap, or US$55.6m). Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to R34.98, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 10x in the Trade Distributors industry in South Africa. Total returns to shareholders of 70% over the past three years. New Risk • Dec 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (R1.25b market cap, or US$67.6m). Declared Dividend • Dec 19
First half dividend of R0.36 announced Shareholders will receive a dividend of R0.36. Ex-date: 8th January 2025 Payment date: 24th January 2025 Dividend yield will be 2.5%, which is lower than the industry average of 5.8%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 82% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Dec 18
First half 2025 earnings released: EPS: US$0.078 (vs US$0.022 in 1H 2024) First half 2025 results: EPS: US$0.078 (up from US$0.022 in 1H 2024). Revenue: US$42.7m (down 31% from 1H 2024). Net income: US$2.77m (up 255% from 1H 2024). Profit margin: 6.5% (up from 1.3% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Dec 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (R1.01b market cap, or US$56.6m). 공고 • Dec 10
Marshall Monteagle PLC to Report Q2, 2025 Results on Dec 17, 2024 Marshall Monteagle PLC announced that they will report Q2, 2025 results on Dec 17, 2024 공고 • Sep 11
Marshall Monteagle plc Announces Board and Committee Changes The Marshall Monteagle board of directors announced the following Board changes. Ben Newman, a non-executive director, has stepped down from his role as director and committee member with effect from 6th September 2024. Ben has been a director of the Company since August 2013 as well as a member of the Audit Committee and Chair of the Remuneration Committee during his tenure. The Board also announced that Mark Stewart has been appointed as a non-executive director with effect from 6th September 2024. Mark is a Chartered Accountant and Auditor with over 30 years of experience who was, until recently, the Chief Executive Officer of BDO South Africa. Mark has worked with a wide range of companies (both listed and unlisted) including family-owned businesses, private equity firms and retirement funds. Mark has extensive experience of working with companies listed on the JSE Limited, and the Board looks forward to benefiting from this extensive knowledge and experience. Shareholders are advised that Dean Douglas, while remaining a member of the Audit Committee, has stepped down as the Chair of the Audit Committee with immediate effect and the Board wishes to thank him for his stewardship over the years. The Board has approved the appointment of Mark Stewart, due to his extensive audit experience, as a member and Chair of the Audit Committee going forward. The members of the Audit Committee are Mark Stewart (Chair), Dean Douglas, Jonty Jankovich-Besan and Rory Kerr. Shareholders further announced that Jonty Jankovich Besan has been appointed as the new Chair of the Remuneration Committee, following Ben Newman's resignation, and that Mark Stewart has been appointed as a member of the Remuneration Committee with immediate effect. The members of the Remuneration Committee are Jonty Jankovich-Besan (Chair), Dean Douglas, Mark Stewart and Rory Kerr. 공고 • Jul 13
Marshall Monteagle PLC, Annual General Meeting, Sep 06, 2024 Marshall Monteagle PLC, Annual General Meeting, Sep 06, 2024. Location: registered office at 2nd floor, gaspe house, 66-72 esplanade, st helier, jersey, je1 1gh, Jersey New Risk • Jul 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 130% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (R1.02b market cap, or US$56.0m). Declared Dividend • Jul 01
Final dividend of R0.35 announced Shareholders will receive a dividend of R0.35. Ex-date: 17th July 2024 Payment date: 2nd August 2024 Dividend yield will be 2.5%, which is lower than the industry average of 5.8%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 34% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 01
Full year 2024 earnings released: EPS: US$0.10 (vs US$0.006 in FY 2023) Full year 2024 results: EPS: US$0.10 (up from US$0.006 in FY 2023). Revenue: US$89.5m (down 29% from FY 2023). Net income: US$3.68m (up US$3.48m from FY 2023). Profit margin: 4.1% (up from 0.2% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. 공고 • Jun 28
Marshall Monteagle plc Declares Final Dividend for the Year Ended March 31, 2024, Payable on August 2, 2024 Marshall Monteagle PLC Declares final dividend for the year ended March 31, 2024 of USD 1.90000 cents per share (34.52737 ZAR cents per share). Ex-dividend date is July 17, 2024. Record Date is July 19, 2024. Payment Date is August 2, 2024. 공고 • Jun 22
Marshall Monteagle PLC to Report Fiscal Year 2024 Results on Jun 28, 2024 Marshall Monteagle PLC announced that they will report fiscal year 2024 results on Jun 28, 2024 공고 • Feb 20
Marshall Monteagle PLC, Annual General Meeting, Mar 19, 2024 Marshall Monteagle PLC, Annual General Meeting, Mar 19, 2024, at 13:00 South Africa Standard Time. Location: 2nd Floor, Gaspé House, 66-72 Esplanade, St Helier, Jersey, JE1 1GH Jersey United Kingdom Agenda: To consider approval of the disposal; to consider to allow a director and company secretary to do all such things and to sign all such documents as may be necessary to implement the resolution set out above; and to transact such other business issues. Reported Earnings • Dec 16
First half 2024 earnings released: EPS: US$0.022 (vs US$0.075 in 1H 2023) First half 2024 results: EPS: US$0.022 (down from US$0.075 in 1H 2023). Revenue: US$61.8m (up 27% from 1H 2023). Net income: US$780.0k (down 71% from 1H 2023). Profit margin: 1.3% (down from 5.5% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. 공고 • Dec 12
Marshall Monteagle PLC Declares Gross Interim Dividend, Payable on 26 January 2024 The Board announced that Marshall Monteagle PLC is to pay a gross interim dividend of 1.9 US cents (35.76846 South African cents) per share. The dividend is payable on 26 January 2024 to shareholders on the register at the close of business on 12 January 2024. Shareholders on the South African register will receive their interim dividend in South African Rand converted from US dollars at the closing rate of exchange on 7 December 2023. Last day to trade 9 January 2024. New Risk • Aug 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (R1.11b market cap, or US$59.8m). Upcoming Dividend • Jul 05
Upcoming dividend of R0.35 per share at 3.2% yield Eligible shareholders must have bought the stock before 12 July 2023. Payment date: 28 July 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.2%. Lower than top quartile of South African dividend payers (9.5%). Lower than average of industry peers (5.4%). New Risk • Jul 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 211% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.3% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (R817.9m market cap, or US$43.9m). 공고 • Jun 29
Marshall Monteagle PLC, Annual General Meeting, Sep 15, 2023 Marshall Monteagle PLC, Annual General Meeting, Sep 15, 2023, at 10:00 South Africa Standard Time. Location: 2nd Floor, Gaspé House, 66-72 Esplanade, St Helier, Jersey, JE1 1GH Jersey United Kingdom New Risk • Jun 27
New major risk - Revenue and earnings growth Earnings have declined by 2.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.3% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (R857.0m market cap, or US$45.9m). Reported Earnings • Jun 27
Full year 2023 earnings released: EPS: US$0.006 (vs US$0.11 in FY 2022) Full year 2023 results: EPS: US$0.006 (down from US$0.11 in FY 2022). Revenue: US$129.6m (down 3.4% from FY 2022). Net income: US$200.0k (down 95% from FY 2022). Profit margin: 0.2% (down from 2.9% in FY 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. 공고 • Jun 22
Marshall Declares Final Gross Dividend for the Year Ended 31 March 2023 Payable on 28 July 2023 The Directors of Marshall Monteagle PLC have declared a final gross dividend for the year ended 31 March 2023 of USD 1.90000 cents per share (34.55625 ZAR cents per share). The dividend will be paid on Friday 28 July 2023 to those shareholders registered at the close of business on 14 July 2023. Shareholders on the South African register will receive their dividend in South African Rand converted from USD at the closing rate of exchange on 19 June 2023 which was USD 1 = ZAR 18.18750). 공고 • Jun 14
Marshall Monteagle PLC to Report Fiscal Year 2023 Results on Jun 21, 2023 Marshall Monteagle PLC announced that they will report fiscal year 2023 results on Jun 21, 2023 Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to R24.07, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 9x in the Trade Distributors industry in South Africa. Total returns to shareholders of 20% over the past three years. Upcoming Dividend • Jan 04
Upcoming dividend of R0.33 per share Eligible shareholders must have bought the stock before 11 January 2023. Payment date: 27 January 2023. Trailing yield: 2.0%. Lower than top quartile of South African dividend payers (8.7%). Lower than average of industry peers (4.8%). Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 20% share price gain to R30.00, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 9x in the Trade Distributors industry in South Africa. Total returns to shareholders of 62% over the past three years. 공고 • Dec 13
Marshall Monteagle PLC Announces Gross Interim Dividend for the 12 Months Ended 30 September 2022, Payable on 27 January 2023 Marshall Monteagle PLC is to pay a gross interim dividend of 1.9 US cents (32.94847 South African cents) per share. The dividend is payable on Friday, 27 January 2023 to shareholders on the register at the close of business on Friday, 13 January 2023. Shares trade ex-dividend is 11 January 2023. 공고 • Dec 06
Marshall Monteagle PLC to Report Second Half, 2022 Results on Dec 12, 2022 Marshall Monteagle PLC announced that they will report second half, 2022 results on Dec 12, 2022 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Non-Executive director Dean Douglas was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Non-Executive director Dean Douglas was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jul 13
Upcoming dividend of R0.30 per share Eligible shareholders must have bought the stock before 20 July 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of South African dividend payers (8.9%). Lower than average of industry peers (4.8%). Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 15% share price gain to R26.50, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 9x in the Trade Distributors industry in South Africa. Total returns to shareholders of 40% over the past three years. Reported Earnings • Jul 04
Full year 2022 earnings released: EPS: US$0.11 (vs US$0.21 in FY 2021) Full year 2022 results: EPS: US$0.11 (down from US$0.21 in FY 2021). Revenue: US$143.5m (up 8.1% from FY 2021). Net income: US$3.90m (down 48% from FY 2021). Profit margin: 2.7% (down from 5.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. 공고 • Jul 02
Marshall Monteagle PLC, Annual General Meeting, Aug 26, 2022 Marshall Monteagle PLC, Annual General Meeting, Aug 26, 2022, at 08:00 Coordinated Universal Time. Location: registered office at 2nd Floor, Gaspé House, 66-72 Esplanade St Helier Jersey 공고 • Jun 18
Marshall Monteagle PLC to Report Fiscal Year 2022 Results on Jun 24, 2022 Marshall Monteagle PLC announced that they will report fiscal year 2022 results on Jun 24, 2022 Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 21% share price gain to R26.97, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 9x in the Trade Distributors industry in South Africa. Total returns to shareholders of 80% over the past three years. Upcoming Dividend • Jan 05
Upcoming dividend of R0.30 per share Eligible shareholders must have bought the stock before 12 January 2022. Payment date: 21 January 2022. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of South African dividend payers (7.0%). In line with average of industry peers (2.9%). Reported Earnings • Dec 22
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: US$139.0m (up 24% from FY 2020). Net income: US$3.27m (up US$3.88m from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. 공고 • Dec 21
Marshall Monteagle PLC Provides Earnings Guidance for the Twelve Months Ended 30 September 2021 Marshall Monteagle PLC provided earnings guidance for the twelve months ended 30 September 2021. Earnings per share to be 9.1 cents, compared to a loss per share of 1.70 cents for the previous 12 months period ended 30 September 2020 ("comparative period"). Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment improved over the past week After last week's 20% share price gain to R24.00, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 8x in the Trade Distributors industry in South Africa. Total returns to shareholders of 49% over the past three years. Reported Earnings • Oct 14
First half 2021 earnings released: EPS US$0.071 (vs US$0.15 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$82.8m (up 32% from 1H 2020). Net income: US$2.56m (up US$8.09m from 1H 2020). Profit margin: 3.1% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 14
Upcoming dividend of R0.27 per share Eligible shareholders must have bought the stock before 21 July 2021. Payment date: 30 July 2021. Trailing yield: 2.2%. Lower than top quartile of South African dividend payers (7.9%). Lower than average of industry peers (2.8%). Reported Earnings • Feb 09
Full year 2020 earnings released: US$0.017 loss per share (vs US$0.008 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$112.5m (down 41% from FY 2019). Net loss: US$608.0k (down 314% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. 공고 • Jan 29
Marshall Monteagle PLC, Annual General Meeting, May 14, 2021 Marshall Monteagle PLC, Annual General Meeting, May 14, 2021, at 11:00 Coordinated Universal Time. Location: 2nd Floor, Gaspe House 66-72 Esplanade St. Helier Jersey Channel Islands Is New 90 Day High Low • Jan 05
New 90-day high: R21.00 The company is up 20% from its price of R17.50 on 07 October 2020. The South African market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 34% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: R19.50 The company is up 5.0% from its price of R18.50 on 16 September 2020. The South African market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 34% over the same period. 
