MásMóvil Ibercom, S.A. provides telecommunications services to residential customers, businesses, and operators in Spain.
Reasonable growth potential and slightly overvalued.
Share Price & News
How has MásMóvil Ibercom's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MAS's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MAS exceeded the Spanish Telecom industry which returned -16.3% over the past year.
Return vs Market: MAS exceeded the Spanish Market which returned -20.4% over the past year.
Price Volatility Vs. Market
How volatile is MásMóvil Ibercom's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs MásMóvil Ibercom, S.A. (BME:MAS) Trading At A 45% Discount?
3 weeks ago | Simply Wall StWe're Not So Sure You Should Rely on MásMóvil Ibercom's (BME:MAS) Statutory Earnings
1 month ago | Simply Wall StIntroducing MásMóvil Ibercom (BME:MAS), The Stock That Zoomed 273% In The Last Five Years
Is MásMóvil Ibercom 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: MAS (€18.21) is trading below our estimate of fair value (€31.53)
Significantly Below Fair Value: MAS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MAS is poor value based on its PE Ratio (25.8x) compared to the Telecom industry average (19x).
PE vs Market: MAS is poor value based on its PE Ratio (25.8x) compared to the Spanish market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: MAS is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: MAS is overvalued based on its PB Ratio (19.2x) compared to the ES Telecom industry average (3.8x).
How is MásMóvil Ibercom forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAS's forecast earnings growth (21.3% per year) is above the savings rate (1.3%).
Earnings vs Market: MAS's earnings (21.3% per year) are forecast to grow faster than the Spanish market (18% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MAS's revenue (4.4% per year) is forecast to grow slower than the Spanish market (5.1% per year).
High Growth Revenue: MAS's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAS's Return on Equity is forecast to be very high in 3 years time (51.3%).
How has MásMóvil Ibercom performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAS has a large one-off gain of €97.9M impacting its March 31 2020 financial results.
Growing Profit Margin: MAS's current net profit margins (5.3%) are lower than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: MAS has become profitable over the past 5 years, growing earnings by 32% per year.
Accelerating Growth: MAS's earnings growth over the past year (11.1%) is below its 5-year average (32% per year).
Earnings vs Industry: MAS earnings growth over the past year (11.1%) exceeded the Telecom industry 9.8%.
Return on Equity
High ROE: Whilst MAS's Return on Equity (74.57%) is outstanding, this metric is skewed due to their high level of debt.
How is MásMóvil Ibercom's financial position?
Financial Position Analysis
Short Term Liabilities: MAS's short term assets (€625.0M) do not cover its short term liabilities (€1.3B).
Long Term Liabilities: MAS's short term assets (€625.0M) do not cover its long term liabilities (€2.1B).
Debt to Equity History and Analysis
Debt Level: MAS's debt to equity ratio (1678.1%) is considered high.
Reducing Debt: MAS's debt to equity ratio has increased from 55% to 1678.1% over the past 5 years.
Debt Coverage: MAS's debt is well covered by operating cash flow (27.8%).
Interest Coverage: MAS's interest payments on its debt are not well covered by EBIT (0.9x coverage).
What is MásMóvil Ibercom's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MAS'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 MAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MAS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MAS is not paying a notable dividend for the Spanish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MAS's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Meinrad Spenger, also known as Maini, serves as the Chief Executive Officer of Grupo MÁSMOVIL. Mr. Spenger is Chief Executive Officer and Executive Director since May 30, 2014 at MásMóvil Ibercom, S.A. ...
|CEO & Executive Director||no data||no data||0.90% €21.5m|
|Chief Financial Officer||no data||no data||no data|
|Chief IR & Corporate Finance||no data||no data||no data|
|Chief Technology Officer||2.33yrs||no data||no data|
|Chief Legal Officer||no data||no data||no data|
|Compliance Officer||no data||no data||no data|
|Chief Communication Officer||no data||no data||no data|
|Chief Marketing Officer||0.58yr||no data||no data|
|Chief of Sales Officer||0.58yr||no data||no data|
|Chief People Officer||2.33yrs||no data||no data|
Experienced Management: MAS's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
|CEO & Executive Director||no data||no data||0.90% €21.5m|
|Proprietary Director||3.5yrs||no data||no data|
|Independent Director||3.5yrs||no data||0.036% €856.0k|
|Vice Chairman of the Board||no data||no data||0.0038% €91.1k|
|Independent Director||3.5yrs||no data||0.0038% €91.1k|
|Independent Director||4.08yrs||no data||0.000040% €958.8|
|Vice Chairman of the Board||no data||no data||5.02% €120.3m|
|Independent Chairman of the Board||no data||no data||0.16% €3.8m|
|Independent Director||4.92yrs||no data||no data|
|Independent Director||1yr||no data||no data|
Experienced Board: MAS's board of directors are considered experienced (3.5 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.6%.
MásMóvil Ibercom, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: MásMóvil Ibercom, S.A.
- Ticker: MAS
- Exchange: BME
- Founded: 1997
- Industry: Integrated Telecommunication Services
- Sector: Telecom
- Market Cap: €2.397b
- Shares outstanding: 131.63m
- Website: https://www.grupomasmovil.com
Number of Employees
- MásMóvil Ibercom, S.A.
- Avda de la Vega 15 (Edificio 1)
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MAS||BME (Bolsas y Mercados Espanoles)||Yes||Bearer Shares||ES||EUR||Mar 2012|
|0WIA||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Mar 2012|
|0X4P||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||EUR||Mar 2012|
|MASE||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||EUR||Mar 2012|
|MASM N||BMV (Bolsa Mexicana de Valores)||Yes||Bearer Shares||MX||MXN||Mar 2012|
MásMóvil Ibercom, S.A. provides telecommunications services to residential customers, businesses, and operators in Spain. It operates in three segments: Residential, Business, and Wholesale. It offers fixed and mobile connectivity services to private end customers; virtual switchboards and cloud with unified communications; internet connectivity solutions; VPN solutions; and data center services. The company provides its services under the Yoigo, Pepephone, MASMOVIL, Hits Mobile Lebara, and Llamaya brand names. As of December 31, 2019, it had approximately 8.9 million customers. The company was formerly known as World Wide Web Ibercom, S.A. and changed its name to MásMóvil Ibercom, S.A. in July 2014. MásMóvil Ibercom, S.A. was founded in 1997 and is headquartered in Alcobendas, Spain.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 23:07|
|End of Day Share Price||2020/05/28 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.