MAV Beauty Brands (TSX:MAV) - Share price, News & Analysis

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

MAV Stock Overview

MAV Beauty Brands Inc. operates as a personal care company.

Rewards

Trading at 86.6% below our estimate of its fair value

Earnings are forecast to grow 151.48% per year

Risk Analysis

Volatile share price over the past 3 months

Does not have a meaningful market cap (CA$27M)

MAV Beauty Brands Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MAV Beauty Brands
Historical stock prices
Current Share Price	CA$0.76
52 Week High	CA$5.75
52 Week Low	CA$0.55
Beta	1.64
1 Month Change	-18.28%
3 Month Change	-8.43%
1 Year Change	-86.45%
3 Year Change	-90.03%
5 Year Change	n/a
Change since IPO	-94.42%

Recent News & Updates

Mar 08

Calculating The Fair Value Of MAV Beauty Brands Inc. (TSE:MAV)

Today we will run through one way of estimating the intrinsic value of MAV Beauty Brands Inc. ( TSE:MAV ) by taking the...

Feb 15

MAV Beauty Brands (TSE:MAV) Is Reinvesting At Lower Rates Of Return

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...

Jan 25

MAV Beauty Brands (TSE:MAV) Has No Shortage Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

	MAV	CA Personal Products	CA Market
7D	22.6%	3.2%	2.7%
1Y	-86.5%	-53.6%	4.6%

Return vs Industry: MAV underperformed the Canadian Personal Products industry which returned -53.1% over the past year.

Return vs Market: MAV underperformed the Canadian Market which returned 4.8% over the past year.

Price Volatility

Is MAV's price volatile compared to industry and market?
MAV volatility
MAV Average Weekly Movement	15.1%
Personal Products Industry Average Movement	14.9%
Market Average Movement	9.8%
10% most volatile stocks in CA Market	16.8%
10% least volatile stocks in CA Market	4.3%

Stable Share Price: MAV is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: MAV's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
1995	83	Serge Jureidini	https://investors.mavbeautybrands.com

MAV Beauty Brands Inc. operates as a personal care company. The company’s products include various hair care, body care, and beauty products, such as shampoo, conditioner, hair styling products, treatments, body wash, and body and hand lotion across various collections that each serve personalized consumer need. It sells its products under the Marc Anthony True Professional, Renpure, Cake Beauty, and The Mane Choice brands.

MAV Beauty Brands Fundamentals Summary

How do MAV Beauty Brands's earnings and revenue compare to its market cap?
MAV fundamental statistics
Market Cap	US$20.95m
Earnings (TTM)	-US$99.84m
Revenue (TTM)	US$100.30m

0.2x

P/S Ratio

-0.2x

P/E Ratio

Is MAV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAV income statement (TTM)
Revenue	US$100.30m
Cost of Revenue	US$59.95m
Gross Profit	US$40.34m
Other Expenses	US$140.19m
Earnings	-US$99.84m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-2.72
Gross Margin	40.22%
Net Profit Margin	-99.55%
Debt/Equity Ratio	93.5%

How did MAV perform over the long term?

See historical performance and comparison

Valuation

Is MAV Beauty Brands undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MAV (CA$0.76) is trading below our estimate of fair value (CA$5.66)

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

Price To Earnings Ratio

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

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

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: MAV is good value based on its PB Ratio (0.2x) compared to the CA Personal Products industry average (0.8x).

Future Growth

How is MAV Beauty Brands forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

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

151.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).

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

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

Revenue vs Market: MAV's revenue (3.7% per year) is forecast to grow slower than the Canadian market (6.4% per year).

High Growth Revenue: MAV's revenue (3.7% 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 MAV's Return on Equity is forecast to be high in 3 years time

Past Performance

How has MAV Beauty Brands performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

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

-77.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MAV is currently unprofitable.

Growing Profit Margin: MAV is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: MAV is unprofitable, and losses have increased over the past 5 years at a rate of 77% per year.

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

Earnings vs Industry: MAV is unprofitable, making it difficult to compare its past year earnings growth to the Personal Products industry (34.9%).

Return on Equity

High ROE: MAV has a negative Return on Equity (-71.3%), as it is currently unprofitable.

Financial Health

How is MAV Beauty Brands's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: MAV's short term assets ($64.9M) exceed its short term liabilities ($20.3M).

Long Term Liabilities: MAV's short term assets ($64.9M) do not cover its long term liabilities ($131.5M).

Debt to Equity History and Analysis

Debt Level: MAV's net debt to equity ratio (84.1%) is considered high.

Reducing Debt: MAV's debt to equity ratio has reduced from 105.9% to 93.5% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable MAV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: MAV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 39.5% per year.

Dividend

What is MAV Beauty Brands's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

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

Dividend Yield vs Market

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

High Dividend: Unable to evaluate MAV'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 MAV's dividends per share have been stable in the past.

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

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MAV has not reported any payouts.

Discover strong dividend paying companies

Management

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

0.8yrs

Average management tenure

CEO

Serge Jureidini

0.75

Tenure

US$2,736,627

Compensation

Mr. Serge Jureidini serves as President and Chief Executive Officer at MAV Beauty Brands Inc. since August 17, 2021. He served as Chief Marketing Officer at Revlon Inc. since 2019 until November 2020. He h...

CEO Compensation Analysis

Compensation vs Market: Serge's total compensation ($USD2.74M) is above average for companies of similar size in the Canadian market ($USD168.33K).

Compensation vs Earnings: Insufficient data to compare Serge's compensation with company performance.

Leadership Team

Experienced Management: MAV's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Experienced Board: MAV's board of directors are considered experienced (5.5 years average tenure).

Ownership

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

Insider Trading Volume

Insider Buying: MAV insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

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

Data	Last Updated (UTC time)
Company Analysis	2022/05/19 00:00
End of Day Share Price	2022/05/19 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31