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Macromill

DB:MA5
Snowflake Description

Undervalued with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MA5
DB
¥49B
Market Cap
  1. Home
  2. DE
  3. Media
Company description

Macromill, Inc. provides marketing research services worldwide. The last earnings update was 39 days ago. More info.


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MA5 Share Price and Events
7 Day Returns
7.9%
DB:MA5
0.6%
DE Media
1.6%
DE Market
1 Year Returns
-52.6%
DB:MA5
-19.7%
DE Media
-7.4%
DE Market
MA5 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Macromill (MA5) 7.9% -1.2% -8.5% -52.6% - -
DE Media 0.6% 9.1% 8.2% -19.7% -29.6% -20.4%
DE Market 1.6% 1.9% 2.6% -7.4% 14.7% 9.4%
1 Year Return vs Industry and Market
  • MA5 underperformed the Media industry which returned -19.7% over the past year.
  • MA5 underperformed the Market in Germany which returned -7.4% over the past year.
Price Volatility
MA5
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Macromill's competitors could be found in our database.

Value

 Is Macromill undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Macromill to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Macromill.

DB:MA5 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:MA5
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Media Unlevered Beta Simply Wall St/ S&P Global 0.79
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.786 (1 + (1- 30.86%) (72.3%))
1.12
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.12 * 5.96%)
6.9%

Discounted Cash Flow Calculation for DB:MA5 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Macromill is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:MA5 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 6.9%)
2019 4,446.33 Analyst x3 4,159.25
2020 5,589.00 Analyst x4 4,890.58
2021 6,188.75 Analyst x4 5,065.73
2022 5,887.36 Analyst x3 4,507.89
2023 6,165.00 Analyst x2 4,415.69
2024 6,272.63 Est @ 1.75% 4,202.70
2025 6,353.57 Est @ 1.29% 3,982.08
2026 6,415.31 Est @ 0.97% 3,761.17
2027 6,463.33 Est @ 0.75% 3,544.66
2028 6,501.62 Est @ 0.59% 3,335.44
Present value of next 10 years cash flows ¥41,865.20
DB:MA5 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥6,501.62 × (1 + 0.23%) ÷ (6.9% – 0.23%)
¥97,635.61
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥97,635.61 ÷ (1 + 6.9%)10
¥50,088.70
DB:MA5 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥41,865.20 + ¥50,088.70
¥91,953.90
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥91,953.90 / 40.00
¥2299.05
DB:MA5 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:MA5 represents 0.00804x of TSE:3978
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00804x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 2,299.05 x 0.00804
€18.47
Value per share (EUR) From above. €18.47
Current discount Discount to share price of €9.88
= -1 x (€9.88 - €18.47) / €18.47
46.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Macromill is available for.
Intrinsic value
47%
Share price is €9.88 vs Future cash flow value of €18.47
Current Discount Checks
For Macromill to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Macromill's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Macromill's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Macromill's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Macromill's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:MA5 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in JPY ¥123.05
TSE:3978 Share Price ** TSE (2019-06-21) in JPY ¥1230
Germany Media Industry PE Ratio Median Figure of 11 Publicly-Listed Media Companies 25.53x
Germany Market PE Ratio Median Figure of 425 Publicly-Listed Companies 19.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Macromill.

DB:MA5 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:3978 Share Price ÷ EPS (both in JPY)

= 1230 ÷ 123.05

10x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Macromill is good value based on earnings compared to the DE Media industry average.
  • Macromill is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Macromill's expected growth come at a high price?
Raw Data
DB:MA5 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
9.9%per year
Germany Media Industry PEG Ratio Median Figure of 8 Publicly-Listed Media Companies 2.18x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

DB:MA5 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 10x ÷ 9.9%

1.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Macromill is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Macromill's assets?
Raw Data
DB:MA5 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in JPY ¥731.60
TSE:3978 Share Price * TSE (2019-06-21) in JPY ¥1230
Germany Media Industry PB Ratio Median Figure of 13 Publicly-Listed Media Companies 3.14x
Germany Market PB Ratio Median Figure of 575 Publicly-Listed Companies 1.8x
DB:MA5 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:3978 Share Price ÷ Book Value per Share (both in JPY)

= 1230 ÷ 731.60

1.68x

* Primary Listing of Macromill.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Macromill is good value based on assets compared to the DE Media industry average.
X
Value checks
We assess Macromill's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Media industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Media industry average (and greater than 0)? (1 check)
  5. Macromill has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Macromill expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Macromill expected to grow at an attractive rate?
  • Macromill's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Macromill's earnings growth is positive but not above the Germany market average.
  • Macromill's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:MA5 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:MA5 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 9.9%
DB:MA5 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 7.2%
Germany Media Industry Earnings Growth Rate Market Cap Weighted Average 8.3%
Germany Media Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:MA5 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:MA5 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30 58,600 9,465 6,659 2
2022-06-30 55,794 8,530 6,332 3
2021-06-30 52,123 7,815 5,668 5
2020-06-30 48,111 7,202 5,075 5
2019-06-30 44,427 6,793 4,494 5
DB:MA5 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-03-31 43,796 5,790 4,897
2018-12-31 43,302 6,562 4,693
2018-09-30 41,633 4,809 4,587
2018-06-30 40,024 5,610 4,719
2018-03-31 38,631 4,727 4,688
2017-12-31 37,045 4,195
2017-09-30 36,171 4,573 3,803
2017-06-30 35,514 5,733 3,706
2016-06-30 32,504 2,832

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Macromill's earnings are expected to grow by 9.9% yearly, however this is not considered high growth (20% yearly).
  • Macromill's revenue is expected to grow by 7.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:MA5 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Macromill Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:MA5 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30 167.40 194.20 140.60 2.00
2022-06-30 159.09 179.38 123.80 3.00
2021-06-30 142.17 159.80 113.50 5.00
2020-06-30 127.26 140.70 108.10 5.00
2019-06-30 112.77 115.90 110.00 5.00
DB:MA5 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-03-31 123.05
2018-12-31 118.29
2018-09-30 116.17
2018-06-30 120.19
2018-03-31 120.00
2017-12-31 108.30
2017-09-30 99.01
2017-06-30 97.10
2016-06-30 74.80

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Macromill is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Macromill's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Macromill has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Macromill performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Macromill's growth in the last year to its industry (Media).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Macromill has delivered over 20% year on year earnings growth in the past 5 years.
  • Macromill's 1-year earnings growth is less than its 5-year average (4.5% vs 48.3%)
  • Macromill's earnings growth has exceeded the DE Media industry average in the past year (4.5% vs -3.4%).
Earnings and Revenue History
Macromill's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Macromill Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:MA5 Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 43,796.00 4,897.00 2,236.00
2018-12-31 43,302.00 4,693.00 4,791.00
2018-09-30 41,633.00 4,587.00 7,233.00
2018-06-30 40,024.00 4,719.00 9,540.00
2018-03-31 38,631.00 4,688.00 9,718.00
2017-12-31 37,045.00 4,195.00 10,178.00
2017-09-30 36,171.00 3,803.00 10,088.00
2017-06-30 35,514.00 3,706.00 10,030.00
2016-06-30 32,504.00 2,832.00 8,956.00
2015-06-30 28,761.00 -4,320.00 7,950.00
2013-12-31 18,024.00 2,269.00 4,674.00
2013-09-30 17,440.00 2,250.00 4,623.00
2013-06-30 17,120.00 2,508.00 4,484.00
2013-03-31 16,533.00 2,124.00 4,350.00
2012-12-31 15,789.00 1,988.00 4,209.00
2012-09-30 15,003.00 1,831.00 4,066.00
2012-06-30 14,229.00 1,525.00 4,002.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Macromill has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Macromill used its assets more efficiently than the DE Media industry average last year based on Return on Assets.
  • Macromill has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Macromill's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Media industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Macromill has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Macromill's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Macromill's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Macromill is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Macromill's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Macromill's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Macromill Company Filings, last reported 2 months ago.

DB:MA5 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 31,779.00 35,570.00 7,645.00
2018-12-31 29,780.00 36,374.00 7,704.00
2018-09-30 28,166.00 36,489.00 5,476.00
2018-06-30 27,467.00 37,094.00 9,124.00
2018-03-31 26,522.00 37,105.00 6,449.00
2017-12-31 24,898.00 38,753.00 5,976.00
2017-09-30 22,977.00 39,614.00 7,297.00
2017-06-30 22,351.00 39,539.00 8,447.00
2016-06-30 16,647.00 41,854.00 6,124.00
2015-06-30 14,318.00 48,713.00 7,178.00
2013-12-31 14,723.00 1,549.00 7,604.00
2013-09-30 15,432.00 1,903.00 8,218.00
2013-06-30 15,362.00 1,900.00 9,824.00
2013-03-31 11,358.00 5,194.00 8,569.00
2012-12-31 10,864.00 5,243.00 8,926.00
2012-09-30 10,043.00 5,217.00 7,601.00
2012-06-30 9,899.00 5,215.00 8,420.00
  • Macromill's level of debt (111.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (64.2% vs 111.9% today).
  • Debt is not well covered by operating cash flow (16.3%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 9.5x coverage).
X
Financial health checks
We assess Macromill's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Macromill has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Macromill's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.73%
Current annual income from Macromill dividends. Estimated to be 0.91% next year.
If you bought €2,000 of Macromill shares you are expected to receive €15 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Macromill's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.45%).
  • Macromill's dividend is below the markets top 25% of dividend payers in Germany (3.83%).
Upcoming dividend payment

Purchase Macromill before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:MA5 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Germany Media Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 5.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:MA5 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2023-06-30 17.00 1.00
2022-06-30 21.50 2.00
2021-06-30 10.60 5.00
2020-06-30 9.40 5.00
2019-06-30 8.20 5.00
DB:MA5 Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-02-12 9.000 0.680
2018-09-27 9.000 0.500
2018-08-07 9.000 0.347
2017-09-27 7.000 0.251
2017-08-08 7.000 0.286
2017-05-15 5.000 0.214
2017-05-01 5.000 0.252

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Macromill is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.
  • Macromill is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Macromill's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Macromill's dividends as it is not paying a notable one for Germany.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Macromill's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Macromill afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Macromill has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Macromill's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Scott Ernst
AGE 55
TENURE AS CEO 3.7 years
CEO Bio

Mr. Scott Ernst has been the Global Chief Executive Officer of Macromill, Inc. since October 2015 and has been its Representative Executive Officer since February 2016. Mr. Ernst has been Interim Executive Officer of Europe/US/Latin America Operations at Macromill, Inc., since January 08, 2019. He served as the Chief Executive Officer of Macromill, Inc. from October 19, 2015 to January 21, 2016. Mr. Ernst served as Chief Executive Officer at L2, Inc., since August 2014. Mr. Ernst served as an Advisor of Performable, Inc. Mr. Ernst served as President of Compete, Inc. since April 2008 and served as its Chief Executive, building the team from a startup to a $100 million profitable company and a recognized leader in the digital marketing space. He successfully led Compete as both a private company and through the successful integration within WPP, the world's largest marketing services organization. He oversaw Compete's sales operations in its corporate headquarters as well as regional sales executives in Detroit and San Francisco. He served as Chief Client Officer and Vice President of Compete, Inc. Prior to joining Compete, he served as Vice President of Sales as well as Corporate and Business Development for Personify, a customer intelligence software firm. Previously, he served as Vice President of Sales at AdKnowledge, which was acquired by CMGI/Engage. His career includes over 20 years of senior management experience in business intelligence and marketing services companies. In addition, he served for 10 years in various direct sales and business development roles in the health care industry. Over the past decade, Mr. Ernst worked with world-class clients, helping them optimize their customer acquisition, conversion and retention initiatives driven through the online channel. With Compete, he has management oversight for its revenue as well as client services in the Automotive, Financial Services and Wireless vertical practices. He serves as a Director of Massachusetts Innovation & Technology Exchange, Inc. He is an online marketing veteran with complementary experience in advertising, digital media and Web technology, enhances Compete's ability to accomplish this goal through his experience working with global brands such as Carlson Hotels Worldwide, Hyundai Motor America, Upromise, Chrysler and Verizon Wireless to improve their online business performance. He has been a Director of Macromill, Inc. since October 8, 2015. He has been a Member of Advisory Board at Ditto Labs, Inc. since August 2015. Mr. Ernst received his B.S. in Marketing and Entrepreneurial Management from the Wharton School of Business at the University of Pennsylvania.

CEO Compensation
  • Insufficient data for Scott to compare compensation growth.
  • Insufficient data for Scott to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Macromill management team in years:

3.7
Average Tenure
51
Average Age
  • The tenure for the Macromill management team is about average.
Management Team

Scott Ernst

TITLE
Interim Exec. Officer of Europe/US/Latin America
AGE
55
TENURE
3.7 yrs

Mas Shimizu

TITLE
Executive Officer & Global CFO
AGE
53
TENURE
1.5 yrs

Kuniko Ogawa

TITLE
Executive Officer & Global CTO
AGE
51
TENURE
4.3 yrs

Derek Swanson

TITLE
Senior Vice President of Strategy & Corporate Development
TENURE
0.8 yrs

Shinichiro Oka

TITLE
Executive Officer & Global Chief Human Resources Officer
AGE
49
TENURE
3.7 yrs

Hironao Ashizawa

TITLE
Executive Manager

Tetsuya Shinoda

TITLE
Senior Executive Manager

Toru Sasaki

TITLE
Representative Executive Officer of Japan Operation
AGE
43
TENURE
3.7 yrs
Board of Directors Tenure

Average tenure and age of the Macromill board of directors in years:

2.8
Average Tenure
48.5
Average Age
  • The average tenure for the Macromill board of directors is less than 3 years, this suggests a new board.
Board of Directors

Scott Ernst

TITLE
Interim Exec. Officer of Europe/US/Latin America
AGE
55
TENURE
3.7 yrs

David Benjamin Gross-Loh

TITLE
External Director
AGE
48

Yuji Sugimoto

TITLE
Director
AGE
49

Akie Iriyama

TITLE
External Director
AGE
46
TENURE
3.1 yrs

Atsushi Mizushima

TITLE
External Director
AGE
46
TENURE
2.6 yrs

Larry Weber

TITLE
External Director
AGE
62
TENURE
2.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Macromill's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Macromill has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Macromill, Inc. provides marketing research services worldwide. It offers Video Collect, a video collection research service that allows the user to discover and create hypotheses from consumer's unconscious behavior in IT; and Neuro Research services to investigate and evaluate neural activity reactions, such as electroencephalograms that cannot be caught by questionnaires and interviews. It is also involved in the Internet research; offline research, such as FGI / DI, CLT, and HUT; digital marketing research, database research, self type research, medical research, and promotion × research, as well as survey planning, summarization, and analysis activities. In addition, the company provides social data analysis service; marketing and consulting services; and sampling measures, O2O promotion, advertisement planning, etc. Macromill, Inc. was founded in 2000 and is headquartered in Tokyo, Japan.

Details
Name: Macromill, Inc.
MA5
Exchange: DB
Founded: 2000
¥403,769,558
39,996,504
Website: http://www.macromill.com
Address: Macromill, Inc.
Shinagawa East One Tower,
11th Floor,
Tokyo,
108-0075,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 3978 Common Shares The Tokyo Stock Exchange JP JPY 22. Mar 2017
OTCPK MCCL.F Common Shares Pink Sheets LLC US USD 22. Mar 2017
DB MA5 Common Shares Deutsche Boerse AG DE EUR 22. Mar 2017
Number of employees
Current staff
Staff numbers
2,138
Macromill employees.
Industry
Advertising
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/23 22:18
End of day share price update: 2019/06/21 00:00
Last estimates confirmation: 2019/05/20
Last earnings filing: 2019/05/15
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.