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McPherson'sASX:MCP Stock Report

Market Cap







25 Oct, 2021


Company Financials +
MCP fundamental analysis
Snowflake Score
Future Growth3/6
Past Performance0/6
Financial Health5/6

MCP Overview

McPherson's Limited provides health, wellness, and beauty products in Australia, New Zealand, Asia, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for McPherson's
Historical stock prices
Current Share PriceAU$1.00
52 Week HighAU$0.95
52 Week LowAU$2.40
1 Month Change-7.41%
3 Month Change-8.26%
1 Year Change-59.51%
3 Year Change-28.57%
5 Year Change-6.98%
Change since IPO-30.56%

Recent News & Updates

Shareholder Returns

MCPAU Personal ProductsAU Market

Return vs Industry: MCP underperformed the Australian Personal Products industry which returned 24.1% over the past year.

Return vs Market: MCP underperformed the Australian Market which returned 21.3% over the past year.

Price Volatility

Is MCP's price volatile compared to industry and market?
MCP volatility
MCP Beta0.11
Industry Beta0.69
Market Beta1

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

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

About the Company

1860n/aGrant Peck

McPherson's Limited provides health, wellness, and beauty products in Australia, New Zealand, Asia, and internationally. The company offers beauty care, hair care, skin care, and personal care items, including facial wipes, cotton pads, and foot comfort products; and vitamins and supplements, as well as various kitchen essentials, such as baking papers, cling wraps, and aluminum foil. It sells its products primarily under the owned brands, including Dr. LeWinn’s, A’kin, Manicare, Lady Jayne, Swisspers, Multix, Fusion Health, Oriental Botanicals, Moosehead, and Maseur.

McPherson's Fundamentals Summary

How do McPherson's's earnings and revenue compare to its market cap?
MCP fundamental statistics
Market CapAU$128.65m
Earnings (TTM)-AU$5.04m
Revenue (TTM)AU$200.77m


P/S Ratio


P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MCP income statement (TTM)
Cost of RevenueAU$113.02m
Gross ProfitAU$87.75m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date


Earnings per share (EPS)-0.039
Gross Margin43.71%
Net Profit Margin-2.51%
Debt/Equity Ratio13.8%

How did MCP perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is McPherson's 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: MCP (A$1) is trading below our estimate of fair value (A$1.75)

Significantly Below Fair Value: MCP is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: MCP is unprofitable, so we can't compare its PE Ratio to the Global Personal Products industry average.

PE vs Market: MCP is unprofitable, so we can't compare its PE Ratio to the Australian market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MCP's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: MCP is good value based on its PB Ratio (1.1x) compared to the AU Personal Products industry average (2.5x).

Future Growth

How is McPherson's forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MCP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: MCP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MCP's is expected to become profitable in the next 3 years.

Revenue vs Market: MCP's revenue (0.9% per year) is forecast to grow slower than the Australian market (5.3% per year).

High Growth Revenue: MCP's revenue (0.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MCP's Return on Equity is forecast to be low in 3 years time (8.9%).

Past Performance

How has McPherson's performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MCP is currently unprofitable.

Growing Profit Margin: MCP is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: MCP is unprofitable, and losses have increased over the past 5 years at a rate of 3.8% per year.

Accelerating Growth: Unable to compare MCP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MCP is unprofitable, making it difficult to compare its past year earnings growth to the Personal Products industry (23%).

Return on Equity

High ROE: MCP has a negative Return on Equity (-4.39%), as it is currently unprofitable.

Financial Health

How is McPherson's's financial position?

Financial Position Analysis

Short Term Liabilities: MCP's short term assets (A$94.2M) exceed its short term liabilities (A$54.4M).

Long Term Liabilities: MCP's short term assets (A$94.2M) exceed its long term liabilities (A$25.6M).

Debt to Equity History and Analysis

Debt Level: MCP's debt to equity ratio (13.8%) is considered satisfactory.

Reducing Debt: MCP's debt to equity ratio has reduced from 65.9% to 13.8% over the past 5 years.

Debt Coverage: MCP's debt is not well covered by operating cash flow (17%).

Interest Coverage: MCP's interest payments on its debt are well covered by EBIT (3.3x coverage).

Balance Sheet


What is McPherson's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MCP's dividend (5%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: MCP's dividend (5%) is low compared to the top 25% of dividend payers in the Australian market (5.3%).

Stability and Growth of Payments

Stable Dividend: MCP's dividend payments have been volatile in the past 10 years.

Growing Dividend: MCP's dividend payments have fallen over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: MCP is paying a dividend but the company is unprofitable.

Future Payout to Shareholders

Future Dividend Coverage: MCP's dividends in 3 years are forecast to be covered by earnings (89.9% payout ratio).

Next Steps


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


Average management tenure


Grant Peck





Mr. Grant W. Peck, B. Bus, CA, serves as Managing Director and Chief Executive Officer at McPherson's Limited since March 31, 2021. He had been an Interim Managing Director and Chief Executive Officer of M...

CEO Compensation Analysis

Compensation vs Market: Grant's total compensation ($USD337.13K) is about average for companies of similar size in the Australian market ($USD302.38K).

Compensation vs Earnings: Grant's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: MCP's management team is seasoned and experienced (9.7 years average tenure).

Board Members

Experienced Board: MCP's board of directors are considered experienced (3.8 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: MCP 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 diluted in the past year, with total shares outstanding growing by 19.2%.

Top Shareholders

Company Information

McPherson's Limited's employee growth, exchange listings and data sources

Key Information

  • Name: McPherson's Limited
  • Ticker: MCP
  • Exchange: ASX
  • Founded: 1860
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: AU$128.648m
  • Shares outstanding: 128.65m
  • Website:

Number of Employees


  • McPherson's Limited
  • 105 Vanessa Street
  • Kingsgrove
  • New South Wales
  • 2208
  • Australia


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:38
End of Day Share Price2021/10/25 00:00
Annual Earnings2021/06/30

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.