United Malt Group
Market Cap
AU$1.3b
Last Updated
2020/11/26 07:31 UTC
Data Sources
Company Financials +
Executive Summary
United Malt Group Limited processes and supplies malt and craft ingredients to brewers, distillers, and other users in North America, the United Kingdom, Australia, and Asia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Share Price & News
How has United Malt Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UMG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: UMG's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-0.9%
UMG
-1.2%
AU Food
1.7%
AU Market
1 Year Return
n/a
UMG
9.6%
AU Food
-1.6%
AU Market
Return vs Industry: Insufficient data to determine how UMG performed against the Australian Food industry.
Return vs Market: Insufficient data to determine how UMG performed against the Australian Market.
Shareholder returns
| UMG | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | -1.2% | 1.7% |
| 30 Day | 11.9% | 4.3% | 9.5% |
| 90 Day | 12.5% | 4.7% | 9.2% |
| 1 Year | n/a | 12.3%9.6% | 1.8%-1.6% |
| 3 Year | n/a | -14.6%-21.3% | 24.8%9.2% |
| 5 Year | n/a | 10.4%-4.0% | 56.1%25.0% |
Long-Term Price Volatility Vs. Market
How volatile is United Malt Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is United Malt Group 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: UMG (A$4.51) is trading below our estimate of fair value (A$10.7)
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 (26.7x) compared to the AU Food industry average (25.4x).
PE vs Market: UMG is poor value based on its PE Ratio (26.7x) compared to the Australian market (22.8x).
Price to Earnings Growth Ratio
PEG Ratio: UMG is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: UMG is good value based on its PB Ratio (1.3x) compared to the AU Food industry average (1.5x).
Next Steps
Future Growth
How is United Malt Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
18.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UMG's forecast earnings growth (18.4% per year) is above the savings rate (2.3%).
Earnings vs Market: UMG's earnings (18.4% per year) are forecast to grow faster than the Australian market (17.8% per year).
High Growth Earnings: UMG's earnings are forecast to grow, but not significantly.
Revenue vs Market: UMG's revenue (4.4% per year) is forecast to grow slower than the Australian market (5.1% per year).
High Growth Revenue: UMG's revenue (4.4% 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 (7.1%).
Next Steps
Past Performance
How has United Malt Group performed over the past 5 years?
-5.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UMG has high quality earnings.
Growing Profit Margin: UMG's current net profit margins (3.5%) are lower than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: UMG's earnings have declined by 5.4% 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 (-19.8%) over the past year, making it difficult to compare to the Food industry average (-13.2%).
Return on Equity
High ROE: UMG's Return on Equity (4.4%) is considered low.
Next Steps
Financial Health
How is United Malt Group's financial position?
Financial Position Analysis
Short Term Liabilities: UMG's short term assets (A$835.6M) exceed its short term liabilities (A$316.6M).
Long Term Liabilities: UMG's short term assets (A$835.6M) exceed its long term liabilities (A$538.9M).
Debt to Equity History and Analysis
Debt Level: UMG's debt to equity ratio (44.4%) is considered high.
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 (22.2%).
Interest Coverage: UMG's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
Next Steps
Dividend
What is United Malt Group current dividend yield, its reliability and sustainability?
1.73%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UMG's dividend (1.73%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.08%).
High Dividend: UMG's dividend (1.73%) is low compared to the top 25% of dividend payers in the Australian market (5.05%).
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 low payout ratio (23.1%), UMG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UMG's dividends in 3 years are forecast to be covered by earnings (62.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.7yrs
Average management tenure
CEO
Mark Palmquist (63 yo)
0.67
Tenure
AU$1,566,049
Compensation
Mr. Mark L. Palmquist, Bec, BBus, GAICD, serves as Director at TeleSense, Inc. He is the Managing Director and Director of United Malt Group Limited since January 13, 2020 and Chief Executive Officer since...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD1.15M) is about average for companies of similar size in the Australian market ($USD936.18K).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 0.67yr | AU$1.57m | 0.14% A$ 1.9m | |
| Chief Financial Officer | 0.67yr | AU$554.84k | no data | |
| President of Warehouse & Distrbution | 0.67yr | AU$486.28k | no data | |
| President of Processing | 0.67yr | AU$778.88k | no data | |
| Vice President of Human Resources | 0.67yr | no data | no data | |
| Company Secretary | 0.67yr | no data | no data |
0.7yrs
Average Tenure
Experienced Management: UMG's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 0.67yr | AU$1.57m | 0.14% A$ 1.9m | |
| Independent Non-Executive Director | 0.83yr | AU$68.09k | 0.0040% A$ 54.4k | |
| Independent Non-Executive Director | 0.83yr | AU$68.09k | 0.010% A$ 134.5k | |
| Independent Non-Executive Director | 0.67yr | AU$68.09k | 0.012% A$ 155.6k | |
| Independent Non-Executive Chairman of the Board | 0.83yr | AU$150.82k | 0.027% A$ 366.3k | |
| Independent Non-Executive Director | 0.083yr | no data | no data | |
| Independent Non-Executive Director | 0.83yr | AU$63.43k | 0.024% A$ 328.1k |
0.8yrs
Average Tenure
71yo
Average Age
Experienced Board: UMG's board of directors are not considered experienced ( 0.8 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: UMG only recently listed within the past 12 months.
Top Shareholders
Company Information
United Malt Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: United Malt Group Limited
- Ticker: UMG
- Exchange: CHIA
- Founded: 2009
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$1.346b
- Shares outstanding: 299.18m
- Website: https://www.unitedmalt.com
Number of Employees
Location
- United Malt Group Limited
- 700 Washington Street
- Suite 508
- Vancouver
- Western Australia
- 98660
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| UMG | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Mar 2020 |
| UMG | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Mar 2020 |
| UMLG.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Mar 2020 |
Biography
United Malt Group Limited processes and supplies malt and craft ingredients to brewers, distillers, and other users in North America, the United Kingdom, Australia, and Asia. The company operates through P...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 07:31 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.