Executive Summary
Manningham Community Enterprises Limited operates franchised branches of Bendigo and Adelaide Bank Limited in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record and good value.
Share Price & News
How has Manningham Community Enterprises's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine DCE's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine DCE's volatility change over the past year.
Market Performance
7 Day Return
0%
DCE
2.4%
AU Banks
0.3%
AU Market
1 Year Return
n/a
DCE
65.3%
AU Banks
35.9%
AU Market
Return vs Industry: Insufficient data to determine how DCE performed against the Australian Banks industry.
Return vs Market: Insufficient data to determine how DCE performed against the Australian Market.
Shareholder returns
| DCE | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 2.4% | 0.3% |
| 30 Day | 0% | 4.1% | 1.8% |
| 90 Day | n/a | 9.0% | 2.8% |
| 1 Year | n/a | 69.5%65.3% | 39.9%35.9% |
| 3 Year | n/a | 22.2%5.0% | 30.1%14.7% |
| 5 Year | 89.4%7.7% | 34.7%4.2% | 60.1%29.9% |
Long-Term Price Volatility Vs. Market
How volatile is Manningham Community Enterprises's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Manningham Community Enterprises undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DCE (A$0.7) is trading below our estimate of fair value (A$2.21)
Significantly Below Fair Value: DCE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DCE is good value based on its PE Ratio (5.8x) compared to the AU Banks industry average (15.4x).
PE vs Market: DCE is good value based on its PE Ratio (5.8x) compared to the Australian market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DCE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DCE is overvalued based on its PB Ratio (1.3x) compared to the AU Banks industry average (0.9x).
Future Growth
How is Manningham Community Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
4.9%
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Manningham Community Enterprises has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Manningham Community Enterprises performed over the past 5 years?
5.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DCE has high quality earnings.
Growing Profit Margin: DCE's current net profit margins (10%) are higher than last year (9.5%).
Past Earnings Growth Analysis
Earnings Trend: DCE's earnings have grown by 5.2% per year over the past 5 years.
Accelerating Growth: DCE's earnings growth over the past year (4%) is below its 5-year average (5.2% per year).
Earnings vs Industry: DCE earnings growth over the past year (4%) exceeded the Banks industry -0.7%.
Return on Equity
High ROE: DCE's Return on Equity (21.9%) is considered high.
Financial Health
How is Manningham Community Enterprises's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: DCE's Assets to Equity ratio (2x) is low.
Allowance for Bad Loans: Insufficient data to determine if DCE has a sufficient allowance for bad loans.
Low Risk Liabilities: DCE reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if DCE has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: DCE reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if DCE has an appropriate level of bad loans.
Dividend
What is Manningham Community Enterprises's current dividend yield, its reliability and sustainability?
11.43%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DCE's dividend (11.43%) is higher than the bottom 25% of dividend payers in the Australian market (2.04%).
High Dividend: DCE's dividend (11.43%) is in the top 25% of dividend payers in the Australian market (5.2%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, DCE has been paying a dividend for less than 10 years.
Growing Dividend: DCE's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (66.6%), DCE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average board tenure
CEO
Manningham Community Enterprises has no CEO, or we have no data on them.
Board Members
Experienced Board: DCE's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Manningham Community Enterprises Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Manningham Community Enterprises Limited
- Ticker: DCE
- Exchange: NSX
- Founded: 2002
- Industry: Regional Banks
- Sector: Banks
- Market Cap: AU$1.512m
- Shares outstanding: 2.16m
- Website: https://www.bendigobank.com.au
Location
- Manningham Community Enterprises Limited
- 900 - 902 Doncaster Road
- Doncaster East
- Victoria
- 3109
- Australia
Listings
Biography
Manningham Community Enterprises Limited operates franchised branches of Bendigo and Adelaide Bank Limited in Australia. It provides home loans, term deposits, and at call deposits under the brand of Bendi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/08 08:14 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.