| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
MNV6 Stock Overview
Mainova AG operates as an energy service provider in Germany.
Mainova Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €545.00 |
| 52 Week High | €625.00 |
| 52 Week Low | €545.00 |
| Beta | 0.029 |
| 1 Month Change | -7.63% |
| 3 Month Change | -5.22% |
| 1 Year Change | -3.54% |
| 3 Year Change | 42.67% |
| 5 Year Change | 52.45% |
| Change since IPO | 552.18% |
Recent News & Updates
Here's What To Make Of Mainova's (FRA:MNV6) Decelerating Rates Of Return
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These 4 Measures Indicate That Mainova (FRA:MNV6) Is Using Debt Reasonably Well
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Does Mainova (FRA:MNV6) Deserve A Spot On Your Watchlist?
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There's Been No Shortage Of Growth Recently For Mainova's (FRA:MNV6) Returns On Capital
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Mainova (FRA:MNV6) Is Looking To Continue Growing Its Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Shareholder Returns
| MNV6 | DE Integrated Utilities | DE Market | |
|---|---|---|---|
| 7D | -0.9% | 0.5% | -0.1% |
| 1Y | -3.5% | -0.2% | -22.0% |
Return vs Industry: MNV6 underperformed the German Integrated Utilities industry which returned -0.2% over the past year.
Return vs Market: MNV6 exceeded the German Market which returned -22% over the past year.
Price Volatility
| MNV6 volatility | |
|---|---|
| MNV6 Average Weekly Movement | 8.1% |
| Integrated Utilities Industry Average Movement | 4.0% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in DE Market | 10.0% |
| 10% least volatile stocks in DE Market | 2.8% |
Stable Share Price: MNV6 is more volatile than 75% of German stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: MNV6's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 2,957 | Constantin Alsheimer | https://www.mainova.de |
Mainova AG operates as an energy service provider in Germany. It operates through Electricity Supply; Gas Supply; Generation and District Heating; Renewable Energy/Energy Services; Water Supply; Investments; and Other Activities segments. The company generates and supplies electricity and heat using thermal, wind, solar, and biomass power plants.
Mainova Fundamentals Summary
| MNV6 fundamental statistics | |
|---|---|
| Market Cap | €3.03b |
| Earnings (TTM) | €363.68m |
| Revenue (TTM) | €3.76b |
8.3x
P/E Ratio0.8x
P/S RatioIs MNV6 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MNV6 income statement (TTM) | |
|---|---|
| Revenue | €3.76b |
| Cost of Revenue | €3.47b |
| Gross Profit | €294.66m |
| Other Expenses | -€69.02m |
| Earnings | €363.68m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 65.41 |
| Gross Margin | 7.83% |
| Net Profit Margin | 9.66% |
| Debt/Equity Ratio | 30.9% |
How did MNV6 perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield12%
Payout RatioValuation
Is MNV6 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MNV6?
Other financial metrics that can be useful for relative valuation.
| What is MNV6's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | €3.03b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.9x |
| Enterprise Value/EBITDA | 7x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does MNV6's PE Ratio compare to its peers?
| MNV6 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 35.8x |
Price-To-Earnings vs Peers: MNV6 is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (35.8x).
Price to Earnings Ratio vs Industry
How does MNV6's PE Ratio compare vs other companies in the Global Integrated Utilities Industry?
Price-To-Earnings vs Industry: MNV6 is good value based on its Price-To-Earnings Ratio (8.3x) compared to the European Integrated Utilities industry average (11.1x)
Price to Earnings Ratio vs Fair Ratio
What is MNV6'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 8.3x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MNV6's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of MNV6 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MNV6 (€545) is trading above our estimate of fair value (€319.58)
Significantly Below Fair Value: MNV6 is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MNV6's PEG Ratio to determine if it is good value.
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Future Growth
How is Mainova forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
4.2%
Forecasted Utilities 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 Mainova 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.
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- Check out Mainova's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Mainova competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Mainova performed over the past 5 years?
Past Performance Score
6/6Past Performance Score 6/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
27.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MNV6 has high quality earnings.
Growing Profit Margin: MNV6's current net profit margins (9.7%) are higher than last year (7.3%).
Past Earnings Growth Analysis
Earnings Trend: MNV6's earnings have grown significantly by 27.7% per year over the past 5 years.
Accelerating Growth: MNV6's earnings growth over the past year (118.4%) exceeds its 5-year average (27.7% per year).
Earnings vs Industry: MNV6 earnings growth over the past year (118.4%) exceeded the Integrated Utilities industry 9%.
Return on Equity
High ROE: MNV6's Return on Equity (22.6%) is considered high.
Discover strong past performing companies
Financial Health
How is Mainova's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: MNV6's short term assets (€1.0B) do not cover its short term liabilities (€1.1B).
Long Term Liabilities: MNV6's short term assets (€1.0B) do not cover its long term liabilities (€3.6B).
Debt to Equity History and Analysis
Debt Level: MNV6's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: MNV6's debt to equity ratio has reduced from 56.6% to 30.9% over the past 5 years.
Debt Coverage: MNV6's debt is well covered by operating cash flow (38.3%).
Interest Coverage: MNV6's interest payments on its debt are well covered by EBIT (39.5x coverage).
Balance Sheet
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Dividend
What is Mainova current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.99%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MNV6's dividend (1.99%) is higher than the bottom 25% of dividend payers in the German market (1.47%).
High Dividend: MNV6's dividend (1.99%) is low compared to the top 25% of dividend payers in the German market (4.53%).
Stability and Growth of Payments
Stable Dividend: MNV6's dividends per share have been stable in the past 10 years.
Growing Dividend: MNV6's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.5%), MNV6's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (182.7%), MNV6's dividend payments are not well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Constantin Alsheimer
16.42yrs
Tenure
€991,343
Compensation
Dr. Constantin H. Alsheimer serves as the Chief Executive Officer at Mainova AG and has been its Chairman of The Management Board since January 2009 and Member of Management Board since January 1, 2006. Dr...
CEO Compensation Analysis
Compensation vs Market: Constantin's total compensation ($USD1.05M) is below average for companies of similar size in the German market ($USD2.46M).
Compensation vs Earnings: Constantin's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MNV6's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: MNV6's board of directors are considered experienced (3.1 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
Mainova AG's employee growth, exchange listings and data sources
Key Information
- Name: Mainova AG
- Ticker: MNV6
- Exchange: DB
- Founded: 1998
- Industry: Multi-Utilities
- Sector: Utilities
- Implied Market Cap: €3.030b
- Shares outstanding: 5.56m
- Website: https://www.mainova.de
Number of Employees
Location
- Mainova AG
- Solmsstrasse 38
- Frankfurt am Main
- Hessen
- 60486
- Germany
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/25 00:00 |
| End of Day Share Price | 2022/06/24 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.