Monash IVF Group
Market Cap
AU$309.8m
Last Updated
2021/02/27 07:36 UTC
Data Sources
Company Financials +
Executive Summary
Monash IVF Group Limited provides assisted reproductive and specialist women imaging services in Australia and Malaysia. More Details
Snowflake Analysis
Adequate balance sheet average dividend payer.
Share Price & News
How has Monash IVF Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MVF is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MVF's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
1.3%
MVF
-0.4%
AU Healthcare
-1.6%
AU Market
1 Year Return
-12.6%
MVF
6.8%
AU Healthcare
8.6%
AU Market
Return vs Industry: MVF underperformed the Australian Healthcare industry which returned 6.8% over the past year.
Return vs Market: MVF underperformed the Australian Market which returned 8.7% over the past year.
Shareholder returns
| MVF | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | -0.4% | -1.6% |
| 30 Day | 8.2% | 0.8% | 0.5% |
| 90 Day | 8.2% | 2.2% | 2.7% |
| 1 Year | -4.3%-12.6% | 8.8%6.8% | 12.2%8.6% |
| 3 Year | -19.5%-34.0% | 19.6%10.1% | 28.3%12.8% |
| 5 Year | -41.0%-56.0% | 28.6%11.8% | 61.6%30.2% |
Long-Term Price Volatility Vs. Market
How volatile is Monash IVF Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Monash IVF Group Limited (ASX:MVF) Just Released Its Half-Year Results And Analysts Are Updating Their Estimates1 week ago | Simply Wall St
Is Now An Opportune Moment To Examine Monash IVF Group Limited (ASX:MVF)?3 weeks ago | Simply Wall St
A Look At The Fair Value Of Monash IVF Group Limited (ASX:MVF)Valuation
Is Monash IVF Group undervalued compared to its fair value and its price relative to the market?
14.67x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MVF (A$0.8) is trading above our estimate of fair value (A$0.67)
Significantly Below Fair Value: MVF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MVF is good value based on its PE Ratio (14.7x) compared to the AU Healthcare industry average (25.1x).
PE vs Market: MVF is good value based on its PE Ratio (14.7x) compared to the Australian market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: MVF is poor value based on its PEG Ratio (3.7x)
Price to Book Ratio
PB vs Industry: MVF is good value based on its PB Ratio (1.2x) compared to the AU Healthcare industry average (1.6x).
Next Steps
Future Growth
How is Monash IVF Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
4.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MVF's forecast earnings growth (4% per year) is above the savings rate (2%).
Earnings vs Market: MVF's earnings (4% per year) are forecast to grow slower than the Australian market (15.7% per year).
High Growth Earnings: MVF's earnings are forecast to grow, but not significantly.
Revenue vs Market: MVF's revenue (2.9% per year) is forecast to grow slower than the Australian market (5.3% per year).
High Growth Revenue: MVF's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MVF's Return on Equity is forecast to be low in 3 years time (8.1%).
Next Steps
Past Performance
How has Monash IVF Group performed over the past 5 years?
-14.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MVF has high quality earnings.
Growing Profit Margin: MVF's current net profit margins (11.4%) are lower than last year (12.1%).
Past Earnings Growth Analysis
Earnings Trend: MVF's earnings have declined by 14.1% per year over the past 5 years.
Accelerating Growth: MVF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MVF had negative earnings growth (-1%) over the past year, making it difficult to compare to the Healthcare industry average (25.5%).
Return on Equity
High ROE: MVF's Return on Equity (6.9%) is considered low.
Next Steps
Financial Health
How is Monash IVF Group's financial position?
Financial Position Analysis
Short Term Liabilities: MVF's short term assets (A$22.8M) do not cover its short term liabilities (A$32.8M).
Long Term Liabilities: MVF's short term assets (A$22.8M) do not cover its long term liabilities (A$42.3M).
Debt to Equity History and Analysis
Debt Level: MVF's debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: MVF's debt to equity ratio has reduced from 69.5% to 2.6% over the past 5 years.
Debt Coverage: MVF's debt is well covered by operating cash flow (587.7%).
Interest Coverage: MVF's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Monash IVF Group current dividend yield, its reliability and sustainability?
5.28%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: MVF's dividend (5.28%) is higher than the bottom 25% of dividend payers in the Australian market (2.07%).
High Dividend: MVF's dividend (5.28%) is in the top 25% of dividend payers in the Australian market (5.27%)
Stability and Growth of Payments
Stable Dividend: MVF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MVF has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.7%), MVF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MVF's dividends in 3 years are forecast to be covered by earnings (66.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
Michael Knaap
2.33yrs
Tenure
AU$561,448
Compensation
Mr. Michael D. Knaap serves as Chief Executive Officer, Managing Director and Director of Monash IVF Group Limited since April 15, 2019. Mr. Knaap served as an Interim Chief Executive Officer of Monash IVF...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD433.15K) is about average for companies of similar size in the Australian market ($USD501.31K).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 2.33yrs | AU$561.45k | 0.039% A$ 119.8k | |
| Group CFO & Company Secretary | 1.83yrs | AU$321.96k | 0.0049% A$ 15.3k | |
| Chief Operating Officer | 0.92yr | AU$990.86k | 0.018% A$ 56.9k | |
| Executive Director | 6.83yrs | AU$346.95k | 0.35% A$ 1.1m | |
| Chief Information Officer & Chief Project Officer | 3.08yrs | no data | no data | |
| Chief Marketing Officer | 1.58yrs | no data | no data | |
| Chief People & Culture Officer | no data | no data | no data | |
| CEO & Clinic Manager of Fertility Solutions | no data | no data | no data | |
| General Manager of New South Wales | 3.08yrs | no data | no data |
2.1yrs
Average Tenure
Experienced Management: MVF's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 2.33yrs | AU$561.45k | 0.039% A$ 119.8k | |
| Executive Director | 6.83yrs | AU$346.95k | 0.35% A$ 1.1m | |
| Independent Non-Executive Director | 6.67yrs | AU$95.16k | 0.034% A$ 105.6k | |
| Independent Non-Executive Director | 6.67yrs | AU$111.71k | 0.062% A$ 191.9k | |
| Independent Chairman | 6.67yrs | AU$156.19k | 0.047% A$ 144.8k | |
| Independent Non-Executive Director | 4.33yrs | AU$95.16k | 0.024% A$ 73.8k | |
| Independent Non-Executive Director | 0.42yr | no data | no data |
6.7yrs
Average Tenure
65yo
Average Age
Experienced Board: MVF's board of directors are considered experienced (6.7 years average tenure).
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 been substantially diluted in the past year, with total shares outstanding growing by 65.2%.
Top Shareholders
Company Information
Monash IVF Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Monash IVF Group Limited
- Ticker: MVF
- Exchange: ASX
- Founded: 2014
- Industry: Health Care Facilities
- Sector: Healthcare
- Market Cap: AU$309.760m
- Shares outstanding: 389.63m
- Website: https://www.monashivfgroup.com.au
Number of Employees
Location
- Monash IVF Group Limited
- Pelaco Building 1
- Level 1
- Richmond
- Victoria
- 3121
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MVF | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jun 2014 |
| MVF | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jun 2014 |
| MIS | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 2014 |
Biography
Monash IVF Group Limited provides assisted reproductive and specialist women imaging services in Australia and Malaysia. The company offers diagnosis and treatment of infertility, fertility research and tr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/27 07:36 |
| End of Day Share Price | 2021/02/26 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.