How does 8MP's PE Ratio compare to its peers?

8MP is good value based on its Price-To-Earnings Ratio (20.1x) compared to the peer average (59.9x).

How does 8MP's PE Ratio compare vs other companies in the European Construction Industry?

8MP is expensive based on its Price-To-Earnings Ratio (20.1x) compared to the European Construction industry average (13.1x).

What is 8MP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

8MP is expensive based on its Price-To-Earnings Ratio (20.1x) compared to the estimated Fair Price-To-Earnings Ratio (12.1x).

What is the Fair Price of 8MP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

8MP (€7.7) is trading below our estimate of [[fair value]] (€22.76)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Monadelphous Group (DB:8MP) - Stock Price, News & Analysis

8MP Stock Overview

An engineering group, engages in the provision of construction, maintenance, and industrial services to resources, energy, and infrastructure sectors in Australia, China, Mongolia, Papua New Guinea, China, the Philippines, and internationally. More details

8MP fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	4/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 66.2% below our estimate of its fair value

Earnings are forecast to grow 8.22% per year

Earnings grew by 16.2% over the past year

Risk Analysis

Dividend of 5.2% is not well covered by earnings

Monadelphous Group Limited Competitors

thyssenkrupp nucera KGaA

XTRA:NCH2

€1.0b

BAUER

HMSE:B5A0

€163.5m

HOCHTIEF

XTRA:HOT

€8.8b

Vossloh

XTRA:VOS

€792.1m

Price History & Performance

Summary of all time highs, changes and price drops for Monadelphous Group
Historical stock prices
Current Share Price	AU$7.70
52 Week High	AU$9.15
52 Week Low	AU$6.35
Beta	1.07
11 Month Change	3.36%
3 Month Change	-3.75%
1 Year Change	-11.49%
33 Year Change	33.91%
5 Year Change	-21.83%
Change since IPO	-46.32%

Recent updates

Shareholder Returns

	8MP	DE Construction	DE Market
7D	3.4%	1.9%	-0.02%
1Y	-11.5%	0.5%	8.2%

Return vs Industry: 8MP underperformed the German Construction industry which returned 0.5% over the past year.

Return vs Market: 8MP underperformed the German Market which returned 8.2% over the past year.

Price Volatility

Is 8MP's price volatile compared to industry and market?
8MP volatility
8MP Average Weekly Movement	3.7%
Construction Industry Average Movement	6.0%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: 8MP has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 8MP's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1972	6,481	Zoran Bebic	www.monadelphous.com.au

Monadelphous Group Limited, an engineering group, engages in the provision of construction, maintenance, and industrial services to resources, energy, and infrastructure sectors in Australia, China, Mongolia, Papua New Guinea, China, the Philippines, and internationally. The company operates through Engineering Construction, and Maintenance and Industrial Services divisions. It offers fabrication, modularization, offsite pre-assembly, procurement, and installation of structural steel, tankage, mechanical and process equipment, piping, demolition, and remediation works; multi-disciplined construction services; plant commissioning; electrical and instrumentation services; engineering, procurement, and construction services; process and non-process maintenance services; and front-end scoping, shutdown planning, management, and execution services.

Monadelphous Group Limited Fundamentals Summary

How do Monadelphous Group's earnings and revenue compare to its market cap?
8MP fundamental statistics
Market cap	€780.01m
Earnings (TTM)	€38.82m
Revenue (TTM)	€1.26b

20.1x

P/E Ratio

0.6x

P/S Ratio

Is 8MP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8MP income statement (TTM)
Revenue	AU$2.02b
Cost of Revenue	AU$1.87b
Gross Profit	AU$143.13m
Other Expenses	AU$80.92m
Earnings	AU$62.20m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.63
Gross Margin	7.10%
Net Profit Margin	3.09%
Debt/Equity Ratio	2.3%

How did 8MP perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

91%

Payout Ratio

8MP Stock Overview

Rewards

Risk Analysis

Monadelphous Group Limited Competitors

XTRA:NCH2

€1.0b

HMSE:B5A0

€163.5m

XTRA:HOT

€8.8b

XTRA:VOS

€792.1m

Price History & Performance

Recent News & Updates

Final dividend of AU$0.33 announced

Monadelphous Group Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended June 30, 2024, Payable on September 27, 2024

Full year 2024 earnings released: EPS: AU$0.64 (vs AU$0.56 in FY 2023)

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of AU$0.25 per share

First half dividend of AU$0.25 announced

Recent updates

Final dividend of AU$0.33 announced

Monadelphous Group Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended June 30, 2024, Payable on September 27, 2024

Full year 2024 earnings released: EPS: AU$0.64 (vs AU$0.56 in FY 2023)

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of AU$0.25 per share

First half dividend of AU$0.25 announced

First half 2024 earnings released: EPS: AU$0.31 (vs AU$0.30 in 1H 2023)

Monadelphous Group Limited, Annual General Meeting, Nov 19, 2024

Upcoming dividend of AU$0.25 per share at 3.3% yield

Monadelphous Group Limited to Report Fiscal Year 2023 Final Results on Oct 16, 2023

Full year 2023 earnings released: EPS: AU$0.56 (vs AU$0.55 in FY 2022)

Monadelphous Group Limited (ASX:MND) entered into an agreement to acquire BMC Welding & Construction Pty. Ltd. for AUD 22 million.

Upcoming dividend of AU$0.24 per share at 4.1% yield

First half 2023 earnings released: EPS: AU$0.30 (vs AU$0.32 in 1H 2022)

Monadelphous Group Limited, Annual General Meeting, Nov 21, 2023

Monadelphous Group Limited Appoints Zoran Bebic as Director

Insufficient new directors

Monadelphous Group Limited Announces Managing Director Changes

Monadelphous Group Limited Announces Ordinary Dividend for the Six Months Ended June 30, 2022, Payable on September 30, 2022

Upcoming dividend of AU$0.25 per share

Full year 2022 earnings released: EPS: AU$0.55 (vs AU$0.50 in FY 2021)

Investor sentiment improved over the past week

Monadelphous Group Limited Announces Ordinary Dividend for the Six Months Ended June 30, 2022, Payable on September 30, 2022

Insufficient new directors

Insufficient new directors

Now 20% undervalued

Investor sentiment improved over the past week

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Monadelphous Group Limited Declares Interim Dividend for the Half Year Ended December 31, 2021, Payable on March 25, 2022

Independent Non-Executive Director Christopher Michelmore has left the company

High number of new directors

Independent Non-Executive Director recently bought €247k worth of stock

Upcoming dividend of AU$0.21 per share

Full year 2021 earnings released: EPS AU$0.50 (vs AU$0.39 in FY 2020)

Independent Non-Executive Director recently bought €190k worth of stock

Investor sentiment deteriorated over the past week

New 90-day low: €7.05

First half 2021 earnings released: EPS AU$0.33 (vs AU$0.30 in 1H 2020)

Revenue misses expectations

Monadelphous Group Limited to Report First Half, 2021 Results on Feb 23, 2021

Monadelphous Group Limited, Annual General Meeting, Nov 23, 2021

New 90-day high: €8.75

Monadelphous Group Limited Announces Updates on Rio-Tinto

New 90-day high: €7.00

Full year earnings released - EPS €0.39

Monadelphous Group Limited to Report Fiscal Year 2020 Final Results on Oct 12, 2020

Shareholder Returns

Price Volatility

About the Company

Monadelphous Group Limited Fundamentals Summary

20.1x

0.6x

Earnings & Revenue

Dividends

5.2%

91%