McPherson's Limited provides health, wellness, and beauty products in Australia, New Zealand, Asia, and internationally.
Flawless balance sheet with solid track record.
Share Price & News
How has McPherson's's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MCP's share price has been volatile over the past 3 months.
7 Day Return
AU Personal Products
1 Year Return
AU Personal Products
Return vs Industry: MCP exceeded the Australian Personal Products industry which returned -16.6% over the past year.
Return vs Market: MCP exceeded the Australian Market which returned -10.3% over the past year.
Price Volatility Vs. Market
How volatile is McPherson's's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShould McPherson's Limited (ASX:MCP) Be Part Of Your Dividend Portfolio?
3 weeks ago | Simply Wall StHere's Why McPherson's (ASX:MCP) Can Manage Its Debt Responsibly
Is McPherson's undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MCP (A$2.9) is trading above our estimate of fair value (A$2.46)
Significantly Below Fair Value: MCP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MCP is good value based on its PE Ratio (22.1x) compared to the Personal Products industry average (22.8x).
PE vs Market: MCP is poor value based on its PE Ratio (22.1x) compared to the Australian market (16x).
Price to Earnings Growth Ratio
PEG Ratio: MCP is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: MCP is overvalued based on its PB Ratio (3.3x) compared to the AU Personal Products industry average (2.4x).
How is McPherson's forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCP's forecast earnings growth (13% per year) is above the savings rate (2.3%).
Earnings vs Market: MCP's earnings (13% per year) are forecast to grow slower than the Australian market (15.1% per year).
High Growth Earnings: MCP's earnings are forecast to grow, but not significantly.
Revenue vs Market: MCP's revenue (4.6% per year) is forecast to grow faster than the Australian market (4.2% per year).
High Growth Revenue: MCP's revenue (4.6% 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 (17%).
How has McPherson's performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCP has high quality earnings.
Growing Profit Margin: MCP's current net profit margins (6.6%) are higher than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: MCP has become profitable over the past 5 years, growing earnings by 8.9% per year.
Accelerating Growth: MCP's earnings growth over the past year (28.6%) exceeds its 5-year average (8.9% per year).
Earnings vs Industry: MCP earnings growth over the past year (28.6%) exceeded the Personal Products industry -32%.
Return on Equity
High ROE: MCP's Return on Equity (14.9%) is considered low.
How is McPherson's's financial position?
Financial Position Analysis
Short Term Liabilities: MCP's short term assets (A$85.4M) exceed its short term liabilities (A$73.6M).
Long Term Liabilities: MCP's short term assets (A$85.4M) exceed its long term liabilities (A$15.6M).
Debt to Equity History and Analysis
Debt Level: MCP's debt to equity ratio (26.2%) is considered satisfactory.
Reducing Debt: MCP's debt to equity ratio has reduced from 75.3% to 26.2% over the past 5 years.
Debt Coverage: MCP's debt is well covered by operating cash flow (94.8%).
Interest Coverage: MCP's interest payments on its debt are well covered by EBIT (24.5x coverage).
What is McPherson's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MCP's dividend (3.45%) is higher than the bottom 25% of dividend payers in the Australian market (2.51%).
High Dividend: MCP's dividend (3.45%) is low compared to the top 25% of dividend payers in the Australian market (6.39%).
Stability and Growth of Payments
Stable Dividend: MCP's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCP's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (76.4%), MCP's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MCP's dividends in 3 years are forecast to be covered by earnings (73.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Laurie McAllister, also known as Laurie, has been Managing Director of McPherson's Limited since November 21, 2016 and serves as its Director. Mr. McAllister served as Managing Director at Sanofi-avent ...
CEO Compensation Analysis
Compensation vs Market: Laurie's total compensation ($USD771.34K) is above average for companies of similar size in the Australian market ($USD516.55K).
Compensation vs Earnings: Laurie's compensation has been consistent with company performance over the past year.
|MD & Director||3.67yrs||AU$1.11m||no data|
|CFO & Joint Company Secretary||8.58yrs||AU$451.05k||0.093% A$299.0k|
|International Sales Director||no data||AU$296.92k||no data|
|Marketing Director||no data||no data||no data|
|Joint Company Secretary||8.42yrs||AU$481.97k||no data|
|Managing Director of McPherson's Hong Kong Limited||no data||AU$632.41k||no data|
|Director of Strategy||no data||no data||no data|
|R&D Director||no data||no data||no data|
Experienced Management: MCP's management team is seasoned and experienced (8.4 years average tenure).
|MD & Director||3.67yrs||AU$1.11m||no data|
|Independent Chairman of the Board||5yrs||AU$164.52k||0.25% A$807.3k|
|Independent Non-Executive Director||2yrs||AU$77.93k||0.011% A$35.9k|
|Independent Non-Executive Director||2.58yrs||AU$93.46k||0.013% A$43.0k|
|Independent Non-Executive Director||5.42yrs||AU$100.03k||0.0059% A$19.0k|
|Independent Non-Executive Director||2.42yrs||AU$82.92k||0.12% A$375.9k|
Experienced Board: MCP's board of directors are not considered experienced ( 2.6 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: MCP insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
McPherson's Limited's company bio, employee growth, exchange listings and data sources
- Name: McPherson's Limited
- Ticker: MCP
- Exchange: ASX
- Founded: 1860
- Industry: Personal Products
- Sector: Household
- Market Cap: AU$320.721m
- Shares outstanding: 107.26m
- Website: https://www.mcphersons.com.au
Number of Employees
- McPherson's Limited
- 105 Vanessa Street
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MCP||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|MCP||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|M5C||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
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 fragrance products; kitchen essentials, such as baking papers, cling wraps, and aluminum foils; and personal care items, including facial wipes, cotton pads, and foot comfort products. The company offers its products primarily under the owned brands, including Manicare, Lady Jayne, Dr. LeWinn’s, A'kin, Swisspers, Moosehead, Maseur, and Multix, as well as partnered brands, such as Karen Murrell and Dr Wolff. It serves supermarkets, discount department stores, department stores, pharmacies, and independent housewares stores. The company was founded in 1860 and is based in Kingsgrove, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/07 10:34|
|End of Day Share Price||2020/07/07 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.