MLP SE, through its subsidiaries, provides financial brokerage and consulting services to private clients, companies, and institutional investors in Germany.
Second-rate dividend payer and slightly overvalued.
Share Price & News
How has MLP's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MLP has not had significant price volatility in the past 3 months.
7 Day Return
AT Capital Markets
1 Year Return
AT Capital Markets
Return vs Industry: MLP exceeded the Austrian Capital Markets industry which returned 19.3% over the past year.
Return vs Market: MLP exceeded the Austrian Market which returned 5.1% over the past year.
Price Volatility Vs. Market
How volatile is MLP's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is MLP undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MLP (€5.95) is trading below our estimate of fair value (€6.47)
Significantly Below Fair Value: MLP is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MLP is good value based on its PE Ratio (20.1x) compared to the Capital Markets industry average (22.7x).
PE vs Market: MLP is poor value based on its PE Ratio (20.1x) compared to the Austrian market (14.2x).
Price to Earnings Growth Ratio
PEG Ratio: MLP is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: MLP is overvalued based on its PB Ratio (1.6x) compared to the XE Capital Markets industry average (1.4x).
How is MLP forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MLP's forecast earnings growth (7.6% per year) is above the savings rate (-0.1%).
Earnings vs Market: MLP's earnings (7.6% per year) are forecast to grow slower than the Austrian market (9.9% per year).
High Growth Earnings: MLP's earnings are forecast to grow, but not significantly.
Revenue vs Market: MLP's revenue (4.2% per year) is forecast to grow faster than the Austrian market (2.7% per year).
High Growth Revenue: MLP's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MLP's Return on Equity is forecast to be low in 3 years time (9.2%).
How has MLP performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MLP has high quality earnings.
Growing Profit Margin: MLP's current net profit margins (4.8%) are lower than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: MLP's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: MLP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MLP had negative earnings growth (-5.1%) over the past year, making it difficult to compare to the Capital Markets industry average (3.7%).
Return on Equity
High ROE: MLP's Return on Equity (7.9%) is considered low.
Return on Assets
Return on Capital Employed
How is MLP's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: MLP has a low level of unsold assets or inventory.
Debt Coverage by Assets: MLP's debt is not covered by short term assets (assets are -38.4x debt).
Financial Institutions Analysis
Asset Level: MLP's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if MLP has a sufficient allowance for bad loans.
Low Risk Liabilities: MLP reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if MLP has an acceptable proportion of non-loan assets held.
Low Risk Deposits: MLP has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if MLP has an appropriate level of bad loans.
What is MLP's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MLP's dividend (3.36%) is higher than the bottom 25% of dividend payers in the Austrian market (1.58%).
High Dividend: MLP's dividend (3.36%) is low compared to the top 25% of dividend payers in the Austrian market (4.47%).
Stability and Growth of Payments
Stable Dividend: MLP's dividend payments have been volatile in the past 10 years.
Growing Dividend: MLP's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67.6%), MLP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MLP's dividends in 3 years are forecast to be covered by earnings (61.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Uwe Schroeder-Wildberg (54yo)
Dr. Uwe Schroeder-Wildberg has been the Chief Executive Officer of MLP AG (Marschollek Lautenschlaeger & Partner AG) since January 1, 2004 and has been its Chairman of the Executive Board since January 1, ...
CEO Compensation Analysis
Compensation vs Market: Uwe's total compensation ($USD1.69M) is above average for companies of similar size in the Austrian market ($USD1.18M).
Compensation vs Earnings: Uwe's compensation has been consistent with company performance over the past year.
|Chairman of the Executive Board & CEO||16.1yrs||€1.56m||no data|
|CFO & Member of the Executive Board||9yrs||€995.00k||0.0092% €58.6k|
|Member of the Executive Board||9.8yrs||€1.02m||0.010% €66.0k|
|Head of Group Accounting||0yrs||no data||no data|
|Head of Investor Relations and Financial Communications||0yrs||no data||no data|
|Head of Legal Department||0yrs||no data||no data|
|Head of Communications and Politics||0yrs||no data||no data|
|Head of Account and Securities Settlement||0yrs||no data||no data|
|Head of Loans and Mortgages||0yrs||no data||no data|
|Head of Sales Applications||0yrs||no data||no data|
Experienced Management: MLP's management team is seasoned and experienced (9.8 years average tenure).
|Deputy Chairman of the Supervisory Board||1.7yrs||no data||no data|
|Honorary Chairman||1.7yrs||no data||4.22% €27.0m|
|Chairman of the Supervisory Board||11.2yrs||no data||0.18% €1.2m|
|Supervisory Board Member||4.7yrs||no data||0.00092% €5.9k|
|Employee Representative Member of Supervisory Board||6.8yrs||no data||0.000050% €319.3|
|Employee Representative Member of Supervisory Board||6.8yrs||no data||no data|
|Supervisory Board Member||1.7yrs||no data||0.0086% €55.0k|
Experienced Board: MLP's board of directors are considered experienced (4.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MLP SE's company bio, employee growth, exchange listings and data sources
- Name: MLP SE
- Ticker: MLP
- Exchange: WBAG
- Founded: 1971
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: €638.678m
- Shares outstanding: 108.99m
- Website: https://www.mlp-se.com
Number of Employees
- MLP SE
- Alte Heerstrasse 40
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MLP||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|0NDP||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|MLP||XTRA (XETRA Trading Platform)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|MLPD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|MLP||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Jan 1992|
|MLP||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Jan 1992|
MLP SE, through its subsidiaries, provides financial brokerage and consulting services to private clients, companies, and institutional investors in Germany. The company’s Financial Consulting segment offers consulting services for academics and other clients related to insurance, investments, occupational pension provision schemes, and loans and mortgages, as well as the brokering of contracts in financial services. This segment is also involved in the finance portfolio management activity. Its FERI segment provides wealth and investment consulting, as well as investment management and research services for institutional investors and high net-worth individuals. The company’s DOMCURA segment operates as an underwriting agency that designs, develops, and implements coverage concepts in the field of private and commercial non-life insurance products, as well as provides brokerage services. Its Banking business segment provides banking services, such as wealth management, accounts and cards, and lending services. This segment also offers securities custody, commission, investment consulting, and insurance and investment brokerage services. MLP SE was founded in 1971 and is headquartered in Wiesloch, Germany.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 23:14|
|End of Day Share Price||2020/02/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.