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UMG

United Malt Group ASX:UMG Stock Report

Last Price

AU$3.86

Market Cap

AU$1.2b

7D

-3.3%

1Y

-14.4%

Updated

22 May, 2022

Data

Company Financials +
UMG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

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.

United Malt Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for United Malt Group
Historical stock prices
Current Share PriceAU$3.86
52 Week HighAU$4.76
52 Week LowAU$3.74
Beta0.16
1 Month Change-8.75%
3 Month Change-10.86%
1 Year Change-14.41%
3 Year Changen/a
5 Year Changen/a
Change since IPO-5.85%

Recent News & Updates

Mar 07
Are Investors Undervaluing United Malt Group Limited (ASX:UMG) By 37%?

Are Investors Undervaluing United Malt Group Limited (ASX:UMG) By 37%?

In this article we are going to estimate the intrinsic value of United Malt Group Limited ( ASX:UMG ) by projecting its...

Shareholder Returns

UMGAU FoodAU Market
7D-3.3%-0.4%1.1%
1Y-14.4%-8.1%1.5%

Return vs Industry: UMG underperformed the Australian Food industry which returned -8.1% over the past year.

Return vs Market: UMG underperformed the Australian Market which returned 1.5% over the past year.

Price Volatility

Is UMG's price volatile compared to industry and market?
UMG volatility
UMG Average Weekly Movement3.9%
Food Industry Average Movement5.5%
Market Average Movement9.5%
10% most volatile stocks in AU Market16.5%
10% least volatile stocks in AU Market4.3%

Stable Share Price: UMG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: UMG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009900Mark Palmquisthttps://www.unitedmalt.com

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

How do United Malt Group's earnings and revenue compare to its market cap?
UMG fundamental statistics
Market CapAU$1.16b
Earnings (TTM)AU$10.50m
Revenue (TTM)AU$1.30b

110.1x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UMG income statement (TTM)
RevenueAU$1.30b
Cost of RevenueAU$1.01b
Gross ProfitAU$293.90m
Other ExpensesAU$283.40m
EarningsAU$10.50m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.035
Gross Margin22.61%
Net Profit Margin0.81%
Debt/Equity Ratio50.1%

How did UMG perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

144%

Payout Ratio

Does UMG pay a reliable dividends?

See UMG dividend history and benchmarks
When do you need to buy UMG by to receive an upcoming dividend?
United Malt Group dividend dates
Ex Dividend DateJun 01 2022
Dividend Pay DateJun 17 2022
Days until Ex dividend10 days
Days until Dividend pay date26 days

Does UMG pay a reliable dividends?

See UMG dividend history and benchmarks
New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

How is United Malt Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


34.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UMG's forecast earnings growth (34.9% per year) is above the savings rate (1.8%).

Earnings vs Market: UMG's earnings (34.9% per year) are forecast to grow faster than the Australian market (6.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: UMG's revenue (5.2% per year) is forecast to grow faster than the Australian market (4.8% per year).

High Growth Revenue: UMG's revenue (5.2% 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 (7.6%).


Past Performance

How has United Malt Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-34.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: UMG has a large one-off loss of A$27.6M impacting its March 31 2022 financial results.

Growing Profit Margin: UMG's current net profit margins (0.8%) are lower than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: UMG's earnings have declined by 34.8% 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 (-74%) over the past year, making it difficult to compare to the Food industry average (5.1%).


Return on Equity

High ROE: UMG's Return on Equity (1%) is considered low.


Financial Health

How is United Malt Group's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: UMG's short term assets (A$792.6M) exceed its short term liabilities (A$359.1M).

Long Term Liabilities: UMG's short term assets (A$792.6M) exceed its long term liabilities (A$536.7M).


Debt to Equity History and Analysis

Debt Level: UMG's net debt to equity ratio (32.8%) 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 not well covered by operating cash flow (14.8%).

Interest Coverage: UMG's interest payments on its debt are well covered by EBIT (5.7x coverage).


Balance Sheet


Dividend

What is United Malt Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.42%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 22 2022Ex Dividend DateJun 01 2022Dividend Pay DateJun 17 202216 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: UMG's dividend (1.42%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.55%).

High Dividend: UMG's dividend (1.42%) is low compared to the top 25% of dividend payers in the Australian market (6.11%).


Stability and Growth of Payments

Stable Dividend: UMG is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.

Growing Dividend: UMG is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: UMG is not paying a notable dividend for the Australian market.


Cash Payout to Shareholders

Cash Flow Coverage: UMG is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure


CEO

Mark Palmquist (64 yo)

2.17yrs

Tenure

AU$2,227,522

Compensation

Mr. Mark L. Palmquist, Bec, BBus, GAICD, serves as Director at TeleSense, Inc. since September 2020. He is the Managing Director and Director of United Malt Group Limited since January 13, 2020 and Chief E...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD1.57M) is above average for companies of similar size in the Australian market ($USD1.03M).

Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: UMG's management team is considered experienced (2.2 years average tenure).


Board Members

Experienced Board: UMG's board of directors are not considered experienced ( 2.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

United Malt Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: United Malt Group Limited
  • Ticker: UMG
  • Exchange: ASX
  • Founded: 2009
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: AU$1.155b
  • Shares outstanding: 299.34m
  • Website: https://www.unitedmalt.com

Number of Employees


Location

  • United Malt Group Limited
  • 18110 SE 34th Street
  • Suite 240
  • Vancouver
  • Washington
  • 98683
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/22 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/03/31
Annual Earnings2021/09/30


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.