XTRA:MAN

Stock Analysis Report

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Market Cap

€10.6b

Last Updated

2021/06/15 09:36 UTC

Data Sources

Company Financials

Executive Summary

MAN SE operates in commercial vehicle industry in Germany and internationally. More Details


Snowflake Analysis

Imperfect balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: MAN is more volatile than 75% of German stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: MAN's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of German stocks.


Market Performance


7 Day Return

-0.4%

MAN

0.3%

DE Machinery

0.4%

DE Market


1 Year Return

59.2%

MAN

41.3%

DE Machinery

30.8%

DE Market

Return vs Industry: MAN exceeded the German Machinery industry which returned 41.3% over the past year.

Return vs Market: MAN exceeded the German Market which returned 30.8% over the past year.


Shareholder returns

MANIndustryMarket
7 Day-0.4%0.3%0.4%
30 Day1.3%2.1%4.0%
90 Day34.3%12.5%7.0%
1 Year59.6%59.2%45.1%41.3%35.6%30.8%
3 Year-16.0%-22.2%-3.6%-8.9%28.2%17.6%
5 Year-10.0%-21.8%14.9%4.0%61.0%38.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is MAN undervalued compared to its fair value and its price relative to the market?

1.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MAN (€72.1) is trading above our estimate of fair value (€1.85)

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


Price To Earnings Ratio

PE vs Industry: MAN is unprofitable, so we can't compare its PE Ratio to the German Machinery industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MAN is good value based on its PB Ratio (1.8x) compared to the DE Machinery industry average (2x).


Future Growth

How is MAN forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.6%

Forecasted Capital Goods 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 MAN 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 MAN performed over the past 5 years?

-1.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MAN is currently unprofitable.

Growing Profit Margin: MAN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MAN is unprofitable, and losses have increased over the past 5 years at a rate of 1.5% per year.

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

Earnings vs Industry: MAN is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-26.7%).


Return on Equity

High ROE: MAN has a negative Return on Equity (-7.28%), as it is currently unprofitable.


Financial Health

How is MAN's financial position?


Financial Position Analysis

Short Term Liabilities: MAN's short term assets (€4.5B) do not cover its short term liabilities (€7.1B).

Long Term Liabilities: MAN's short term assets (€4.5B) do not cover its long term liabilities (€5.1B).


Debt to Equity History and Analysis

Debt Level: MAN's debt to equity ratio (42.5%) is considered high.

Reducing Debt: MAN's debt to equity ratio has reduced from 45.2% to 42.5% over the past 5 years.

Debt Coverage: MAN's debt is well covered by operating cash flow (22.6%).

Interest Coverage: Insufficient data to determine if MAN's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

0.15%

Current Dividend Yield


Upcoming Dividend Payment

TodayJun 15 2021Ex Dividend DateJun 30 2021Dividend Pay DateJul 02 20212 days from Ex DividendBuy in the next 14 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: MAN's dividend (0.15%) isn’t notable compared to the bottom 25% of dividend payers in the German market (0.99%).

High Dividend: MAN's dividend (0.15%) is low compared to the top 25% of dividend payers in the German market (3.16%).


Stability and Growth of Payments

Stable Dividend: MAN is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: MAN is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: MAN is not paying a notable dividend for the German market.


Future Payout to Shareholders

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


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Andreas Tostmann (58 yo)

0.92

Tenure

Dr. Ing. h.c. Andreas Tostmann serves as the Chairman of Management Board of Traton SE since July 16, 2020. Dr. Ing. h.c. Tostmann serves as Chief Executive Officer at MAN SE since July 16, 2020. He serves...


Leadership Team

Experienced Management: MAN's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: MAN's board of directors are considered experienced (5.7 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

MAN SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MAN SE
  • Ticker: MAN
  • Exchange: XTRA
  • Founded: 1758
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: €10.604b
  • Shares outstanding: 147.04m
  • Website: https://www.corporate.man.eu

Number of Employees


Location

  • MAN SE
  • Dachauer Strasse 641
  • Munich
  • Bavaria
  • 80995
  • Germany

Listings


Biography

MAN SE operates in commercial vehicle industry in Germany and internationally. It operates through two divisions, MAN Truck & Bus and MAN Latin America. The MAN Truck & Bus division manufactures commercial...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/15 09:36
End of Day Share Price2021/06/14 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.