MCH Group
Market Cap
CHF185.9m
Last Updated
2021/01/15 02:55 UTC
Data Sources
Company Financials +
Executive Summary
MCH Group AG operates as a live marketing company that provides a network of services in the exhibition and event market worldwide. More Details
Rewards
Risk Analysis
Shareholders have been substantially diluted in the past year
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Slightly overvalued with imperfect balance sheet.
Similar Companies
Share Price & News
How has MCH Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MCHN is more volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: MCHN's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Swiss stocks.
Market Performance
7 Day Return
-2.3%
MCHN
-0.6%
CH Media
0.4%
CH Market
1 Year Return
-50.6%
MCHN
-10.2%
CH Media
-0.2%
CH Market
Return vs Industry: MCHN underperformed the Swiss Media industry which returned -10.2% over the past year.
Return vs Market: MCHN underperformed the Swiss Market which returned -0.2% over the past year.
Shareholder returns
| MCHN | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.3% | -0.6% | 0.4% |
| 30 Day | 9.2% | 1.5% | 3.9% |
| 90 Day | -4.9% | 19.6% | 5.9% |
| 1 Year | -42.7%-50.6% | -7.8%-10.2% | 3.4%-0.2% |
| 3 Year | -77.2%-80.3% | -17.6%-27.4% | 19.9%4.8% |
| 5 Year | -75.9%-79.5% | -12.6%-29.1% | 52.2%27.0% |
Long-Term Price Volatility Vs. Market
How volatile is MCH Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
What You Need To Know About MCH Group AG's (VTX:MCHN) Investor Composition1 month ago | Simply Wall St
Is MCH Group (VTX:MCHN) Using Debt In A Risky Way?3 months ago | Simply Wall St
Need To Know: This Analyst Just Made A Substantial Cut To Their MCH Group AG (VTX:MCHN) EstimatesValuation
Is MCH Group 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: MCHN (CHF12.5) is trading below our estimate of fair value (CHF117.84)
Significantly Below Fair Value: MCHN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MCHN is unprofitable, so we can't compare its PE Ratio to the XE Media industry average.
PE vs Market: MCHN is unprofitable, so we can't compare its PE Ratio to the Swiss market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MCHN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCHN is overvalued based on its PB Ratio (3.4x) compared to the XE Media industry average (1.6x).
Next Steps
Future Growth
How is MCH Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
25.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCHN is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: MCHN is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: MCHN is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: MCHN's revenue is expected to decline over the next 3 years (-11.2% per year).
High Growth Revenue: MCHN's revenue is forecast to decline over the next 3 years (-11.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MCHN's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has MCH Group performed over the past 5 years?
-47.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCHN is currently unprofitable.
Growing Profit Margin: MCHN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MCHN is unprofitable, and losses have increased over the past 5 years at a rate of 47.1% per year.
Accelerating Growth: Unable to compare MCHN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MCHN is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-6.2%).
Return on Equity
High ROE: MCHN has a negative Return on Equity (-171.68%), as it is currently unprofitable.
Next Steps
Financial Health
How is MCH Group's financial position?
Financial Position Analysis
Short Term Liabilities: MCHN's short term assets (CHF200.4M) exceed its short term liabilities (CHF100.2M).
Long Term Liabilities: MCHN's short term assets (CHF200.4M) do not cover its long term liabilities (CHF292.0M).
Debt to Equity History and Analysis
Debt Level: MCHN's debt to equity ratio (1321.3%) is considered high.
Reducing Debt: MCHN's debt to equity ratio has increased from 73.7% to 1321.3% 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: MCHN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MCHN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is MCH Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MCHN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MCHN'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 MCHN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCHN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MCHN is not paying a notable dividend for the Swiss market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MCHN's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average management tenure
CEO
Bernd Stadlwieser (52 yo)
1.58yrs
Tenure
CHF923,455
Compensation
Mr. Bernd Stadlwieser serves as Chief Executive Officer and Member of Executive Board at MCH Group AG since June 12, 2019.
CEO Compensation Analysis
Compensation vs Market: Bernd's total compensation ($USD1.04M) is above average for companies of similar size in the Swiss market ($USD685.29K).
Compensation vs Earnings: Insufficient data to compare Bernd's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Member of Executive Board | 1.58yrs | CHF923.46k | 0.010% CHF 18.8k | |
| CFO & Member of Executive Board | 2.67yrs | no data | no data | |
| CEO of Live Marketing Solutions & Member of Executive Board | 2yrs | no data | no data | |
| Chief Digital & Innovation Officer and Member of Executive Board | 1.17yrs | no data | no data | |
| Global Director Art Basel & Member of Executive Board | 1yr | no data | no data | |
| Group Legal Department | 1.83yrs | no data | no data | |
| Head of Corporate Communications | no data | no data | no data | |
| Corporate HR | no data | no data | no data |
1.7yrs
Average Tenure
52yo
Average Age
Experienced Management: MCHN's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 0.42yr | no data | no data | |
| Director | 1.67yrs | CHF20.10k | 0.0077% CHF 14.4k | |
| Chairman of the Board of Directors | no data | CHF119.29k | 0.0021% CHF 3.9k | |
| Director | 15.75yrs | CHF28.00k | no data | |
| Director | 1.67yrs | CHF33.05k | 0.0067% CHF 12.5k | |
| Director | 0.42yr | no data | no data | |
| Vice Chairman | 4.58yrs | CHF63.00k | no data | |
| Director | 7.5yrs | CHF32.00k | no data | |
| Director | 2.83yrs | CHF52.44k | no data | |
| Director | 4.75yrs | CHF45.58k | no data | |
| Director | 1.67yrs | CHF35.48k | no data | |
| Director | 0.42yr | no data | no data |
1.7yrs
Average Tenure
59yo
Average Age
Experienced Board: MCHN's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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 been substantially diluted in the past year, with total shares outstanding growing by 147.6%.
Top Shareholders
Company Information
MCH Group AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: MCH Group AG
- Ticker: MCHN
- Exchange: SWX
- Founded: 1916
- Industry: Advertising
- Sector: Media
- Market Cap: CHF185.867m
- Shares outstanding: 14.87m
- Website: https://www.mch-group.com
Number of Employees
Location
- MCH Group AG
- Messeplatz 10
- Basel
- Basel-Stadt
- 4005
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MCHN | SWX (SIX Swiss Exchange) | Yes | Registered Shares | CH | CHF | Jul 2001 |
| MEF1 | DB (Deutsche Boerse AG) | Yes | Registered Shares | DE | EUR | Jul 2001 |
| 0QPF | LSE (London Stock Exchange) | Yes | Registered Shares | GB | CHF | Jul 2001 |
Biography
MCH Group AG operates as a live marketing company that provides a network of services in the exhibition and event market worldwide. The company organizes exhibitions, congresses, concerts, and various corp...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 02:55 |
| End of Day Share Price | 2021/01/14 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.