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MYD

Minerales y Productos Derivados BDM:MYD Stock Report

Last Price

€8.00

Market Cap

€3.9m

7D

0%

1Y

-27.3%

Updated

02 Oct, 2022

Data

Company Financials
MYD fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends3/6

MYD Stock Overview

Minerales y Productos Derivados, S.A. produces and sells minerals and chemical products in Spain.

Minerales y Productos Derivados Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Minerales y Productos Derivados
Historical stock prices
Current Share Price€8.00
52 Week High€0
52 Week Low€0
Beta-0.10
1 Month Change0%
3 Month Change-27.27%
1 Year Change-27.27%
3 Year Change-27.27%
5 Year Change-26.94%
Change since IPO-45.76%

Recent News & Updates

Mar 08
We're Watching These Trends At Minerales y Productos Derivados (BDM:MYD)

We're Watching These Trends At Minerales y Productos Derivados (BDM:MYD)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Nov 23
Is Minerales y Productos Derivados (BDM:MYD) Using Too Much Debt?

Is Minerales y Productos Derivados (BDM:MYD) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

MYDES Metals and MiningES Market
7D0%2.0%-2.8%
1Y-27.3%-15.7%-15.4%

Return vs Industry: MYD underperformed the Spanish Metals and Mining industry which returned -15.7% over the past year.

Return vs Market: MYD underperformed the Spanish Market which returned -15.4% over the past year.

Price Volatility

Is MYD's price volatile compared to industry and market?
MYD volatility
MYD Average Weekly Movement7.6%
Metals and Mining Industry Average Movement7.0%
Market Average Movement3.5%
10% most volatile stocks in ES Market6.4%
10% least volatile stocks in ES Market0.5%

Stable Share Price: MYD is more volatile than 90% of Spanish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: MYD's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Spanish stocks.

About the Company

FoundedEmployeesCEOWebsite
1942853Alberto Barrenechea Guimónhttps://www.minersa.com

Minerales y Productos Derivados, S.A. produces and sells minerals and chemical products in Spain. The company offers industrial minerals, chemical products, construction products, natural absorbents, and bleaching and special clays. Its products primarily include fluorspar, sodium sulphate, fluorochemicals, and anhydrites.

Minerales y Productos Derivados Fundamentals Summary

How do Minerales y Productos Derivados's earnings and revenue compare to its market cap?
MYD fundamental statistics
Market Cap€3.90m
Earnings (TTM)€29.44m
Revenue (TTM)€387.63m

0.1x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MYD income statement (TTM)
Revenue€387.63m
Cost of Revenue€150.90m
Gross Profit€236.73m
Other Expenses€207.28m
Earnings€29.44m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)60.38
Gross Margin61.07%
Net Profit Margin7.60%
Debt/Equity Ratio42.1%

How did MYD perform over the long term?

See historical performance and comparison

Dividends

450.0%

Current Dividend Yield

59%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is MYD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MYD?

Other financial metrics that can be useful for relative valuation.

MYD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does MYD's PE Ratio compare to its peers?

MYD PE Ratio vs Peers
The above table shows the PE ratio for MYD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average5.4x
MKR Melkior Resources
16.1xn/aCA$5.5m
BSLCORP BSL Corporation Berhad
2.4xn/aRM22.1m
NBR Nubian Resources
1.7xn/aCA$6.1m
SNG Silver Range Resources
1.5xn/aCA$6.2m
MYD Minerales y Productos Derivados
0.1xn/a€3.9m

Price-To-Earnings vs Peers: MYD is good value based on its Price-To-Earnings Ratio (0.1x) compared to the peer average (5.4x).


Price to Earnings Ratio vs Industry

How does MYD's PE Ratio compare vs other companies in the European Metals and Mining Industry?

Price-To-Earnings vs Industry: MYD is good value based on its Price-To-Earnings Ratio (0.1x) compared to the European Metals and Mining industry average (4.3x)


Price to Earnings Ratio vs Fair Ratio

What is MYD'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.

MYD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio0.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MYD's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: MYD (€8) is trading below our estimate of fair value (€488.86)

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


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Minerales y Productos Derivados forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-19.0%

Forecasted Materials 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 Minerales y Productos Derivados 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.


Discover growth companies

  • Examine whether Minerales y Productos Derivados is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Minerales y Productos Derivados performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


0.02%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MYD has high quality earnings.

Growing Profit Margin: MYD's current net profit margins (7.6%) are lower than last year (12.8%).


Past Earnings Growth Analysis

Earnings Trend: MYD's earnings have grown by 0.02% per year over the past 5 years.

Accelerating Growth: MYD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MYD had negative earnings growth (-30.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (56.4%).


Return on Equity

High ROE: MYD's Return on Equity (6.7%) is considered low.


Discover strong past performing companies

Financial Health

How is Minerales y Productos Derivados's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MYD's short term assets (€465.6M) exceed its short term liabilities (€110.1M).

Long Term Liabilities: MYD's short term assets (€465.6M) exceed its long term liabilities (€232.6M).


Debt to Equity History and Analysis

Debt Level: MYD has more cash than its total debt.

Reducing Debt: MYD's debt to equity ratio has increased from 38.5% to 42.1% over the past 5 years.

Debt Coverage: MYD's debt is not well covered by operating cash flow (14.1%).

Interest Coverage: MYD's interest payments on its debt are well covered by EBIT (11.3x coverage).


Balance Sheet


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Dividend

What is Minerales y Productos Derivados's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


450.00%

Current Dividend Yield

Dividend Yield vs Market

Minerales y Productos Derivados Dividend Yield vs Market
How does Minerales y Productos Derivados dividend yield compare to the market?
SegmentDividend Yield
Company (Minerales y Productos Derivados)450.0%
Market Bottom 25% (ES)2.3%
Market Top 25% (ES)6.4%
Industry Average (Metals and Mining)10.3%
Analyst forecast in 3 Years (Minerales y Productos Derivados)n/a

Notable Dividend: MYD's dividend (450%) is higher than the bottom 25% of dividend payers in the Spanish market (2.3%).

High Dividend: MYD's dividend (450%) is in the top 25% of dividend payers in the Spanish market (6.37%)


Stability and Growth of Payments

Stable Dividend: MYD's dividend payments have been volatile in the past 10 years.

Growing Dividend: MYD's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (58.7%), MYD's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (520.5%), MYD's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

10.3yrs

Average board tenure


CEO

Alberto Barrenechea Guimón (79 yo)

29.83yrs

Tenure

€1,455,000

Compensation

Mr. Alberto Barrenechea Guimón has been Chairman at Minerales y Productos Derivados, S.A. since June 25, 2014 and served as its the Managing Director, Chief Executive Officer and General Manager. He is Pre...


CEO Compensation Analysis

Alberto Barrenechea Guimón's Compensation vs Minerales y Productos Derivados Earnings
How has Alberto Barrenechea Guimón's remuneration changed compared to Minerales y Productos Derivados's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

€29m

Mar 31 2022n/an/a

€26m

Dec 31 2021n/an/a

€23m

Sep 30 2021n/an/a

€33m

Jun 30 2021n/an/a

€42m

Mar 31 2021n/an/a

€42m

Dec 31 2020n/an/a

€41m

Sep 30 2020n/an/a

€44m

Jun 30 2020n/an/a

€47m

Mar 31 2020n/an/a

€53m

Dec 31 2019n/an/a

€59m

Sep 30 2019n/an/a

€54m

Jun 30 2019n/an/a

€48m

Mar 31 2019n/an/a

€45m

Dec 31 2018€1m€335k

€42m

Sep 30 2018n/an/a

€41m

Jun 30 2018n/an/a

€39m

Mar 31 2018n/an/a

€33m

Dec 31 2017€948kn/a

€27m

Sep 30 2017n/an/a

€26m

Jun 30 2017n/an/a

€26m

Mar 31 2017n/an/a

€26m

Dec 31 2016n/an/a

€27m

Sep 30 2016n/an/a

€26m

Jun 30 2016n/an/a

€25m

Mar 31 2016n/an/a

€26m

Dec 31 2015€445k€445k

€28m

Compensation vs Market: Insufficient data to establish whether Alberto's total compensation is reasonable compared to companies of similar size in the Spanish market.

Compensation vs Earnings: Alberto's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

Experienced Board: MYD's board of directors are seasoned and experienced ( 10.3 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

What is the ownership structure of MYD?
Owner TypeNumber of SharesOwnership Percentage
Institutions80,87516.6%
VC/PE Firms80,87516.6%
Private Companies94,32819.3%
Individual Insiders115,71823.7%
General Public115,85023.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 10 shareholders own 76.24% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
16.58%
Friends Life Group Limited, Asset Management Arm
80,875€647.0k0%0.44%
16.58%
Blackstone Inc.
80,875€647.0k0%no data
16.56%
Arier Promociones
80,771€646.2k0%no data
13.48%
Lipperinvest 2003, S.L.
65,720€525.8k0%no data
5.87%
Serantes Inversiones Globales, S.L.
28,608€228.9k0%no data
3.08%
Alberto Barrenechea Guimón
15,000€120.0k0%no data
2.65%
Gonzalo Barrenechea Guimón
12,938€103.5k0%no data
1.04%
Alejandro Aznar Sainz
5,051€40.4k0%no data
0.2%
Francisco Javier Guzmán Uribe
979€7.8k0%no data
0.2%
María Isabel Lipperheide Aguirre
979€7.8k0%no data

Company Information

Minerales y Productos Derivados, S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Minerales y Productos Derivados, S.A.
  • Ticker: MYD
  • Exchange: BDM
  • Founded: 1942
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: €3.901m
  • Shares outstanding: 487.65k
  • Website: https://www.minersa.com

Number of Employees


Location

  • Minerales y Productos Derivados, S.A.
  • Avenida Algorta nº 16
  • Bilbao
  • Basque Country
  • 48992
  • Spain


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MYDBDM (Bolsa de Madrid)YesOrdinary SharesESEURNov 2003

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/02 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.