BST:2MLC

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Executive Summary

Malee Group Public Company Limited manufactures and distributes canned agriculture products, fruit juices, and non-alcohol beverages in Thailand and internationally.


Snowflake Analysis

Slightly overvalued with worrying balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 2MLC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-17.3%

2MLC

4.5%

DE Food

2.7%

DE Market


1 Year Return

-10.5%

2MLC

8.8%

DE Food

10.3%

DE Market

Return vs Industry: 2MLC underperformed the German Food industry which returned 4.7% over the past year.

Return vs Market: 2MLC underperformed the German Market which returned 8.8% over the past year.


Shareholder returns

2MLCIndustryMarket
7 Day-17.3%4.5%2.7%
30 Day1.3%3.3%1.9%
90 Day33.9%20.7%17.0%
1 Year-10.5%-10.5%10.5%8.8%12.8%10.3%
3 Year-79.9%-80.3%-0.1%-5.5%7.1%-1.4%
5 Year-51.6%-55.4%32.8%21.0%18.2%2.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Malee 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: 2MLC (€0.16) is trading below our estimate of fair value (€0.42)

Significantly Below Fair Value: 2MLC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2MLC is unprofitable, so we can't compare its PE Ratio to the XE Food industry average.

PE vs Market: 2MLC 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 2MLC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2MLC's PB Ratio (2.3x) is in line with the DE Food industry average.


Next Steps

Future Growth

How is Malee Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

46.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2MLC is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 2MLC is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 2MLC is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: 2MLC's revenue (3.6% per year) is forecast to grow slower than the German market (5.9% per year).

High Growth Revenue: 2MLC's revenue (3.6% 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 2MLC's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Malee Group performed over the past 5 years?

-50.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2MLC is currently unprofitable.

Growing Profit Margin: 2MLC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2MLC is unprofitable, and losses have increased over the past 5 years at a rate of 50.7% per year.

Accelerating Growth: Unable to compare 2MLC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2MLC is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-1.7%).


Return on Equity

High ROE: 2MLC has a negative Return on Equity (-15.87%), as it is currently unprofitable.


Next Steps

Financial Health

How is Malee Group's financial position?


Financial Position Analysis

Short Term Liabilities: 2MLC's short term assets (฿1.6B) do not cover its short term liabilities (฿2.5B).

Long Term Liabilities: 2MLC's short term assets (฿1.6B) exceed its long term liabilities (฿1.1B).


Debt to Equity History and Analysis

Debt Level: 2MLC's debt to equity ratio (205.7%) is considered high.

Reducing Debt: 2MLC's debt to equity ratio has increased from 74.5% to 205.7% over the past 5 years.

Debt Coverage: 2MLC's debt is not well covered by operating cash flow (13.1%).

Interest Coverage: Insufficient data to determine if 2MLC's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Malee Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2MLC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 2MLC'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 2MLC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2MLC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 2MLC is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2MLC'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?

2.4yrs

Average management tenure


CEO

Roongchat Boonyarat (35 yo)

2.25yrs

Tenure

฿640,000

Compensation

Ms. Roongchat Boonyarat has been Chief Executive Director of Malee Group Public Company Ltd since May 10, 2018, Director since February 15, 2013 and served as its Chief Operating Officer since 2013. She ho ...


Leadership Team

NamePositionTenureCompensationOwnership
Roongchat Boonyarat
CEO & Executive Director2.25yrs฿640.00kno data
Opas Lopansri
Chief Sales & Marketing Officer3.75yrs฿420.00kno data
Kitti Vilaivarangkul
Executive Director17.25yrs฿450.00kno data
Pichai Chirathivat
Executive Director8.33yrs฿390.00k5.07%
฿ 2.9m
Patnaree Sirilerdwarakarn
Chief Financial Officer1.33yrsno datano data
Jaru Wannawilas
Senior Vice Presidentno datano datano data
Paitoon Eiamsirikulmit
VP of CEO Office & Company Secretary7.25yrsno datano data

2.4yrs

Average Tenure

55yo

Average Age

Experienced Management: 2MLC's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Roongchat Boonyarat
CEO & Executive Director2.25yrs฿640.00kno data
Opas Lopansri
Chief Sales & Marketing Officer3.75yrs฿420.00kno data
Kitti Vilaivarangkul
Executive Director17.25yrs฿450.00kno data
Pichai Chirathivat
Executive Director8.33yrs฿390.00k5.07%
฿ 2.9m
Chintana Boonyarat
Chairman of the Board of Directors2.25yrs฿320.00k3.09%
฿ 1.8m
Natharin Talthong
Independent Director7.42yrs฿500.00kno data
Nart Fongsmut
Independent Director6.25yrs฿420.00kno data
Arin Jira
Independent Director2.25yrs฿450.00kno data
Supavadee Tantiyanon
Independent Director1.33yrs฿145.60kno data

6.3yrs

Average Tenure

57yo

Average Age

Experienced Board: 2MLC's board of directors are considered experienced (6.3 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

Malee Group Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Malee Group Public Company Limited
  • Ticker: 2MLC
  • Exchange: BST
  • Founded: 1978
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ฿2.098b
  • Listing Market Cap: ฿57.300m
  • Shares outstanding: 276.00m
  • Website: https://www.malee.co.th

Location

  • Malee Group Public Company Limited
  • No. 401/1 Moo 8 Phaholyothin Road
  • Kukot
  • Lam Luk Ka
  • 12130
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MALEESET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBMar 1992
2MLCBST (Boerse-Stuttgart)THB1 (ALIEN MKT)DEEURNov 1994
MALEE-FTHAMSE (Bangkok-Alien Market Stock Exchange)THB1 (ALIEN MKT)THTHBNov 1994
MALEE-RSET (The Stock Exchange of Thailand)NON VTG DEP RCPT REP 1 ORD THB10THTHBAug 2001

Biography

Malee Group Public Company Limited manufactures and distributes canned agriculture products, fruit juices, and non-alcohol beverages in Thailand and internationally. The company offers UHT and pasteurized ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 20:33
End of Day Share Price2020/08/11 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.