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Market Cap

€141.6m

Last Updated

2021/05/10 21:58 UTC

Data Sources

Company Financials +

Executive Summary

Miko NV, together with its subsidiaries, produces and distributes coffee and plastic packaging products in Belgium, Poland, and Indonesia. More Details


Snowflake Analysis

Adequate balance sheet and slightly overvalued.

Share Price & News

How has Miko's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MIKO is more volatile than 90% of Belgian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: MIKO's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Belgian stocks.


Market Performance


7 Day Return

0%

MIKO

1.0%

BE Food

2.0%

BE Market


1 Year Return

20.0%

MIKO

51.3%

BE Food

31.1%

BE Market

Return vs Industry: MIKO underperformed the Belgian Food industry which returned 51.5% over the past year.

Return vs Market: MIKO underperformed the Belgian Market which returned 30.7% over the past year.


Shareholder returns

MIKOIndustryMarket
7 Day0%1.0%2.0%
30 Day0%1.9%5.1%
90 Day17.5%7.6%6.7%
1 Year20.0%20.0%52.3%51.3%33.2%31.1%
3 Year-3.0%-5.0%40.1%36.6%1.2%-3.7%
5 Year22.0%17.3%88.1%79.8%-1.0%-10.1%

Long-Term Price Volatility Vs. Market

How volatile is Miko's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Miko 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: MIKO (€114) is trading below our estimate of fair value (€597.22)

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


Price To Earnings Ratio

PE vs Industry: MIKO is poor value based on its PE Ratio (23.7x) compared to the European Food industry average (21.1x).

PE vs Market: MIKO is poor value based on its PE Ratio (23.7x) compared to the Belgian market (19.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MIKO's PB Ratio (1.5x) is in line with the BE Food industry average.


Future Growth

How is Miko forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

7.6%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MIKO's forecast earnings growth is above the savings rate (1.2%).

Earnings vs Market: Insufficient data to determine if MIKO's earnings are forecast to grow faster than the Belgian market

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

Revenue vs Market: MIKO's revenue (7.6% per year) is forecast to grow faster than the Belgian market (5% per year).

High Growth Revenue: MIKO's revenue (7.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MIKO's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Miko performed over the past 5 years?

-7.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MIKO has high quality earnings.

Growing Profit Margin: MIKO's current net profit margins (3.1%) are lower than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: MIKO's earnings have declined by 7.4% per year over the past 5 years.

Accelerating Growth: MIKO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MIKO had negative earnings growth (-15.6%) over the past year, making it difficult to compare to the Food industry average (2.2%).


Return on Equity

High ROE: MIKO's Return on Equity (5.6%) is considered low.


Financial Health

How is Miko's financial position?


Financial Position Analysis

Short Term Liabilities: MIKO's short term assets (€99.8M) exceed its short term liabilities (€54.9M).

Long Term Liabilities: MIKO's short term assets (€99.8M) exceed its long term liabilities (€55.8M).


Debt to Equity History and Analysis

Debt Level: MIKO's debt to equity ratio (55.9%) is considered high.

Reducing Debt: MIKO's debt to equity ratio has increased from 33.6% to 55.9% over the past 5 years.

Debt Coverage: MIKO's debt is well covered by operating cash flow (49.5%).

Interest Coverage: MIKO's interest payments on its debt are well covered by EBIT (9.8x coverage).


Balance Sheet


Dividend

What is Miko current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MIKO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MIKO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MIKO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MIKO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: MIKO is not paying a notable dividend for the Belgian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MIKO's dividend in 3 years as they are not forecast to pay a notable one for the Belgian market.


Next Steps

Management

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

4.1yrs

Average board tenure


CEO

Frans Van Tilborg (55 yo)

11yrs

Tenure

€426,942

Compensation

Mr. Frans Van Tilborg serves as Managing Director of Miko Leo Coffee GmbH-Germany and Miko Coffee Ltd -Uk. Mr. Van Tilborg has been the Chief Executive Officer and Managing Director of Miko NV since May 12...


CEO Compensation Analysis

Compensation vs Market: Frans's total compensation ($USD519.20K) is about average for companies of similar size in the Belgian market ($USD493.89K).

Compensation vs Earnings: Frans's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: MIKO's board of directors are considered experienced (4.1 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Miko NV's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Miko NV
  • Ticker: MIKO
  • Exchange: ENXTBR
  • Founded: 1801
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: €141.588m
  • Shares outstanding: 1.24m
  • Website: https://www.mikogroup.be

Number of Employees


Location

  • Miko NV
  • Steenweg op Mol 177
  • Turnhout
  • Antwerp
  • 2300
  • Belgium

Listings


Biography

Miko NV, together with its subsidiaries, produces and distributes coffee and plastic packaging products in Belgium, Poland, and Indonesia. The company was founded in 1801 and is based in Turnhout, Belgium.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/10 21:58
End of Day Share Price2021/05/10 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.