MLP SE, through its subsidiaries, provides financial brokerage and consulting services to private clients, companies, and institutional investors in Germany.
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has MLP's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MLP has not had significant price volatility in the past 3 months.
7 Day Return
DE Capital Markets
1 Year Return
DE Capital Markets
Return vs Industry: MLP exceeded the German Capital Markets industry which returned 25.2% over the past year.
Return vs Market: MLP exceeded the German Market which returned 0.2% over the past year.
Price Volatility Vs. Market
How volatile is MLP's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StWhat Should Investors Know About MLP SE's (FRA:MLP) Future?
1 year ago | Simply Wall StDoes MLP SE's (FRA:MLP) Recent Track Record Look Strong?
1 year ago | Simply Wall StWhat Does MLP SE's (FRA:MLP) PE Ratio Tell You?
Is MLP undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MLP (€5.42) is trading below our estimate of fair value (€6.55)
Significantly Below Fair Value: MLP is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MLP is good value based on its PE Ratio (16.3x) compared to the Capital Markets industry average (22.1x).
PE vs Market: MLP is good value based on its PE Ratio (16.3x) compared to the German market (20.9x).
Price to Earnings Growth Ratio
PEG Ratio: MLP is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: MLP is good value based on its PB Ratio (1.3x) compared to the DE Capital Markets industry average (2.1x).
How is MLP forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MLP's forecast earnings growth (20.4% per year) is above the savings rate (0.2%).
Earnings vs Market: MLP's earnings (20.4% per year) are forecast to grow slower than the German market (22.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MLP's revenue (5.9% per year) is forecast to grow slower than the German market (5.9% per year).
High Growth Revenue: MLP's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MLP's Return on Equity is forecast to be low in 3 years time (9.9%).
How has MLP performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MLP has high quality earnings.
Growing Profit Margin: MLP's current net profit margins (5%) are lower than last year (5.2%).
Past Earnings Growth Analysis
Earnings Trend: MLP's earnings have grown by 9.8% per year over the past 5 years.
Accelerating Growth: MLP's earnings growth over the past year (4.9%) is below its 5-year average (9.8% per year).
Earnings vs Industry: MLP earnings growth over the past year (4.9%) underperformed the Capital Markets industry 18.3%.
Return on Equity
High ROE: MLP's Return on Equity (8%) is considered low.
How is MLP's financial position?
Financial Position Analysis
Short Term Liabilities: MLP's short term assets (€2.6B) exceed its short term liabilities (€7.4M).
Long Term Liabilities: MLP's short term assets (€2.6B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: MLP is debt free.
Reducing Debt: MLP had no debt 5 years ago.
Debt Coverage: MLP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MLP has no debt, therefore coverage of interest payments is not a concern.
What is MLP current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MLP's dividend (3.85%) is higher than the bottom 25% of dividend payers in the German market (1.26%).
High Dividend: MLP's dividend (3.85%) is in the top 25% of dividend payers in the German market (3.83%)
Stability and Growth of Payments
Stable Dividend: MLP's dividend payments have been volatile in the past 10 years.
Growing Dividend: MLP's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (63%), MLP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MLP's dividends in 3 years are forecast to be covered by earnings (58.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Uwe Schroeder-Wildberg (55yo)
Dr. Uwe Schroeder-Wildberg has been the Chief Executive Officer of MLP SE (formerly known as MLP AG) (Marschollek Lautenschlaeger & Partner AG) since January 1, 2004 and has been its Chairman of the Execut ...
CEO Compensation Analysis
Compensation vs Market: Uwe's total compensation ($USD1.89M) is above average for companies of similar size in the German market ($USD1.43M).
Compensation vs Earnings: Uwe's compensation has been consistent with company performance over the past year.
|Chairman of the Executive Board & CEO||16.5yrs||€1.67m||no data|
|CFO & Member of the Executive Board||9.42yrs||€1.07m||0.0092% €54.5k|
|Member of the Executive Board||10.17yrs||€1.09m||0.010% €61.4k|
|Head of Group Accounting||no data||no data||no data|
|Head of Investor Relations and Financial Communications||no data||no data||no data|
|Head of Legal Department||no data||no data||no data|
|Head of Communications and Politics||no data||no data||no data|
|Head of Account and Securities Settlement||no data||no data||no data|
|Head of Loans and Mortgages||no data||no data||no data|
|Head of Sales Applications||no data||no data||no data|
Experienced Management: MLP's management team is seasoned and experienced (10.2 years average tenure).
|Independent Vice Chairman of the Supervisory Board||2.08yrs||no data||no data|
|Honorary Chairman||2.08yrs||no data||25.14% €149.3m|
|Independent Chairman of the Supervisory Board||11.58yrs||no data||0.18% €1.1m|
|Independent Member of the Supervisory Board||5.08yrs||no data||0.00092% €5.5k|
|Employee Representative Member of Supervisory Board||7.25yrs||no data||0.000050% €297.0|
|Employee Representative Member of Supervisory Board||7.25yrs||no data||no data|
|Member of the Supervisory Board||2.08yrs||no data||0.0086% €51.1k|
Experienced Board: MLP's board of directors are considered experienced (5.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MLP SE's company bio, employee growth, exchange listings and data sources
- Name: MLP SE
- Ticker: MLP
- Exchange: DB
- Founded: 1971
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: €593.992m
- Shares outstanding: 108.99m
- Website: https://mlp-se.de
Number of Employees
- MLP SE
- Alte Heerstrasse 40
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MLP||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|0NDP||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|MLP||XTRA (XETRA Trading Platform)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|MLPD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|MLP||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Jan 1992|
|MLP||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Jan 1992|
MLP SE, through its subsidiaries, provides financial brokerage and consulting services to private clients, companies, and institutional investors in Germany. The company’s Financial Consulting segment offers consulting services for academics and other clients related to insurance, investments, occupational pension provision schemes, and loans and mortgages, as well as the brokering of contracts in financial services. Its Banking segment provides banking services, such as accounts, cards, loans, mortgages, and wealth management services. This segment also offers securities custody, commission, investment consulting, and insurance and investment brokerage services. The company’s FERI segment provides wealth and investment consulting, as well as investment management and research services for institutional investors and high net-worth families and foundations. Its DOMCURA segment operates as an underwriting agency that designs, develops, and implements coverage concepts in the field of private and commercial non-life insurance products, as well as provides brokerage services. The company’s Holding and Others segment develops and manages real estate properties. MLP SE was founded in 1971 and is headquartered in Wiesloch, Germany.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/06 21:22|
|End of Day Share Price||2020/07/06 00:00|
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.