BMMI B.S.C (BAX:BMMI) - Share price, News & Analysis

BMMI fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	3/6

BMMI Stock Overview

BMMI B.S.C., together with its subsidiaries, engages in the wholesale and retail of food, beverages, and other consumable items.

Rewards

Earnings grew by 53.1% over the past year

Risk Analysis

Earnings have declined by 12.7% per year over past 5 years

Shares are highly illiquid

Unstable dividend track record

BMMI B.S.C Competitors

Price History & Performance

Summary of all time highs, changes and price drops for BMMI B.S.C
Historical stock prices
Current Share Price	ب.د0.75
52 Week High	ب.د0.77
52 Week Low	ب.د0.73
Beta	-0.036
1 Month Change	0%
3 Month Change	n/a
1 Year Change	0.67%
3 Year Change	-6.25%
5 Year Change	-7.98%
Change since IPO	110.46%

Shareholder Returns

	BMMI	BH Retail Distributors	BH Market
7D	0%	1.7%	-3.4%
1Y	0.7%	-10.2%	31.1%

Return vs Industry: BMMI exceeded the BH Retail Distributors industry which returned -11% over the past year.

Return vs Market: BMMI underperformed the BH Market which returned 31.2% over the past year.

Price Volatility

Is BMMI's price volatile compared to industry and market?
BMMI volatility
BMMI Average Weekly Movement	n/a
Retail Distributors Industry Average Movement	6.0%
Market Average Movement	2.5%
10% most volatile stocks in BH Market	6.5%
10% least volatile stocks in BH Market	1.7%

Stable Share Price: Insufficient data to determine BMMI's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine BMMI's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1883	n/a	Marek Sheridan	https://www.bmmigroup.com

BMMI B.S.C., together with its subsidiaries, engages in the wholesale and retail of food, beverages, and other consumable items. It operates in five segments: Retail Operations; Wholesales Operations; Contract Services and Supply; Hospitality; and Investments, Shipping and Other Activities. The company sells beverages to hotels, restaurants, clubs, and other licensed outlets; distributes food and household goods of various brands; and produces and sells ready-made foods, including sandwiches, packaged fruits, baked goods, sushi and sashimi, and fully cooked meals, as well as European, Arabic, and fusion style salads to coffee shops, supermarkets, schools, and offices.

BMMI B.S.C Fundamentals Summary

How do BMMI B.S.C's earnings and revenue compare to its market cap?
BMMI fundamental statistics
Market Cap	ب.د106.77m
Earnings (TTM)	ب.د6.02m
Revenue (TTM)	ب.د112.47m

17.7x

P/E Ratio

0.9x

P/S Ratio

Is BMMI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BMMI income statement (TTM)
Revenue	ب.د112.47m
Cost of Revenue	ب.د85.40m
Gross Profit	ب.د27.07m
Other Expenses	ب.د21.05m
Earnings	ب.د6.02m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.042
Gross Margin	24.07%
Net Profit Margin	5.35%
Debt/Equity Ratio	37.0%

How did BMMI perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

71%

Payout Ratio

Valuation

Is BMMI B.S.C undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

17.75x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: BMMI (BHD0.75) is trading above our estimate of fair value (BHD0.29)

Significantly Below Fair Value: BMMI is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: BMMI is poor value based on its PE Ratio (17.7x) compared to the Asian Retail Distributors industry average (14.3x).

PE vs Market: BMMI is poor value based on its PE Ratio (17.7x) compared to the BH market (13.8x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: BMMI is overvalued based on its PB Ratio (1.7x) compared to the XA Retail Distributors industry average (1x).

Future Growth

How is BMMI B.S.C forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

1.2%

Forecasted Retail industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BMMI B.S.C has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has BMMI B.S.C performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-12.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BMMI has high quality earnings.

Growing Profit Margin: BMMI's current net profit margins (5.3%) are higher than last year (4.2%).

Past Earnings Growth Analysis

Earnings Trend: BMMI's earnings have declined by 12.7% per year over the past 5 years.

Accelerating Growth: BMMI's earnings growth over the past year (53.1%) exceeds its 5-year average (-12.7% per year).

Earnings vs Industry: BMMI earnings growth over the past year (53.1%) exceeded the Retail Distributors industry 21.5%.

Return on Equity

High ROE: BMMI's Return on Equity (8.4%) is considered low.

Financial Health

How is BMMI B.S.C's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: BMMI's short term assets (BHD43.2M) exceed its short term liabilities (BHD29.0M).

Long Term Liabilities: BMMI's short term assets (BHD43.2M) exceed its long term liabilities (BHD19.0M).

Debt to Equity History and Analysis

Debt Level: BMMI's net debt to equity ratio (31%) is considered satisfactory.

Reducing Debt: BMMI's debt to equity ratio has reduced from 37.6% to 37% over the past 5 years.

Debt Coverage: BMMI's debt is well covered by operating cash flow (37.2%).

Interest Coverage: BMMI's interest payments on its debt are well covered by EBIT (6x coverage).

Balance Sheet

Dividend

What is BMMI B.S.C current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

4.00%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BMMI's dividend (4%) is higher than the bottom 25% of dividend payers in the BH market (3.71%).

High Dividend: BMMI's dividend (4%) is low compared to the top 25% of dividend payers in the BH market (5.59%).

Stability and Growth of Payments

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

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

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (71%), BMMI's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (53.7%), BMMI's dividend payments are covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Retail industry.

Management

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

5.3yrs

Average management tenure

CEO

Marek Sheridan

5.33yrs

Tenure

Mr. Marek Sheridan has been Chief Executive Officer at BMMI B.S.C. since January 1, 2017. Mr. Sheridan served as an Executive Vice President of BMMI B.S.C. from April 23, 2016 to January 1, 2017.

Leadership Team

Experienced Management: BMMI's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Experienced Board: BMMI's board of directors are seasoned and experienced ( 11.3 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/16 00:00
End of Day Share Price	2022/05/15 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31