UMG Stock Overview
United Malt Group Limited processes and supplies malt and craft ingredients to brewers, distillers, and food markets in North America, the United Kingdom, Australia, and Asia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$4.07|
|52 Week High||AU$4.76|
|52 Week Low||AU$3.53|
|1 Month Change||-0.24%|
|3 Month Change||-3.10%|
|1 Year Change||-7.71%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-0.73%|
Recent News & Updates
United Malt Group (ASX:UMG) Has Affirmed Its Dividend Of AU$0.035
The board of United Malt Group Limited ( ASX:UMG ) has announced that it will pay a dividend on the 17th of December...
United Malt Group (ASX:UMG) Might Be Having Difficulty Using Its Capital Effectively
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
|UMG||AU Food||AU Market|
Return vs Industry: UMG underperformed the Australian Food industry which returned -3.9% over the past year.
Return vs Market: UMG underperformed the Australian Market which returned 11.7% over the past year.
|UMG Average Weekly Movement||2.9%|
|Food Industry Average Movement||7.7%|
|Market Average Movement||8.3%|
|10% most volatile stocks in AU Market||15.9%|
|10% least volatile stocks in AU Market||3.6%|
Stable Share Price: UMG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: UMG's weekly volatility (3%) has been stable over the past year.
About the Company
United Malt Group Limited processes and supplies malt and craft ingredients to brewers, distillers, and food markets in North America, the United Kingdom, Australia, and Asia. The company operates through Processing and Warehouse & Distribution segments. It is also involved in the distribution and sale of malt, hops, yeast, adjuncts, and related products to craft brewers.
United Malt Group Fundamentals Summary
|UMG fundamental statistics|
Is UMG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|UMG income statement (TTM)|
|Cost of Revenue||AU$943.10m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.046|
|Net Profit Margin||1.11%|
How did UMG perform over the long term?See historical performance and comparison
1.4%Current Dividend Yield
Is United Malt Group 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: UMG (A$4.07) is trading below our estimate of fair value (A$6.18)
Significantly Below Fair Value: UMG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UMG is poor value based on its PE Ratio (88.3x) compared to the Global Food industry average (17.4x).
PE vs Market: UMG is poor value based on its PE Ratio (88.3x) compared to the Australian market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: UMG is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: UMG is good value based on its PB Ratio (1.1x) compared to the AU Food industry average (1.6x).
How is United Malt Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UMG's forecast earnings growth (27.5% per year) is above the savings rate (1.9%).
Earnings vs Market: UMG's earnings (27.5% per year) are forecast to grow faster than the Australian market (11.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: UMG's revenue (6.1% per year) is forecast to grow faster than the Australian market (5.2% per year).
High Growth Revenue: UMG's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UMG's Return on Equity is forecast to be low in 3 years time (7.3%).
How has United Malt Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UMG has a large one-off loss of A$29.6M impacting its September 30 2021 financial results.
Growing Profit Margin: UMG's current net profit margins (1.1%) are lower than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: UMG's earnings have declined by 17.8% per year over the past 5 years.
Accelerating Growth: UMG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UMG had negative earnings growth (-69.7%) over the past year, making it difficult to compare to the Food industry average (106.9%).
Return on Equity
High ROE: UMG's Return on Equity (1.3%) is considered low.
How is United Malt Group's financial position?
Financial Position Analysis
Short Term Liabilities: UMG's short term assets (A$852.3M) exceed its short term liabilities (A$376.6M).
Long Term Liabilities: UMG's short term assets (A$852.3M) exceed its long term liabilities (A$550.1M).
Debt to Equity History and Analysis
Debt Level: UMG's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if UMG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: UMG's debt is well covered by operating cash flow (29.7%).
Interest Coverage: UMG's interest payments on its debt are well covered by EBIT (7x coverage).
What is United Malt Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UMG's dividend (1.35%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.3%).
High Dividend: UMG's dividend (1.35%) is low compared to the top 25% of dividend payers in the Australian market (5.59%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether UMG's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if UMG's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (119.2%), UMG's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UMG's dividends in 3 years are forecast to be covered by earnings (58.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Palmquist (64 yo)
Mr. Mark L. Palmquist, Bec, BBus, GAICD, serves as Director at TeleSense, Inc. He is the Managing Director and Director of United Malt Group Limited since January 13, 2020 and Chief Executive Officer since...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD1.58M) is above average for companies of similar size in the Australian market ($USD977.79K).
Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: UMG's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: UMG's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: UMG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
United Malt Group Limited's employee growth, exchange listings and data sources
- Name: United Malt Group Limited
- Ticker: UMG
- Exchange: ASX
- Founded: 2009
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$1.218b
- Shares outstanding: 299.26m
- Website: https://www.unitedmalt.com
Number of Employees
- United Malt Group Limited
- 18110 SE 34th Street
- Suite 240
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/01 15:52|
|End of Day Share Price||2021/12/01 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.