Discounted Cash Flow Calculation for ENXTPA:MLCMB using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
Compagnie Du Mont-Blanc
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.
ENXTPA:MLCMB DCF 1st Stage: Next 10 year cash flow forecast
The current share price of
Compagnie Du Mont-Blanc
is above its future cash flow value.
Often investors are willing to pay a
for a company that has a high dividend or the potential for future growth.
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
Compagnie Du Mont-Blanc's
is considered below, and whether this is a fair price.
Price based on past earnings
Compagnie Du Mont-Blanc's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Compagnie Du Mont-Blanc 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
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
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Compagnie Du Mont-Blanc
expected to grow at an
Unable to compare Compagnie Du Mont-Blanc's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Compagnie Du Mont-Blanc's earnings growth to the France market average as no estimate data is available.
Unable to compare Compagnie Du Mont-Blanc's revenue growth to the France market average as no estimate data is available.
Unable to determine if Compagnie Du Mont-Blanc is high growth as no earnings estimate data is available.
Unable to determine if Compagnie Du Mont-Blanc is high growth as no revenue estimate data is available.
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.
Compagnie Du Mont-Blanc's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
Compagnie Du Mont-Blanc
has a total score of
3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Compagnie Du Mont-Blanc's finances.
The net worth of a company is the difference between its assets and liabilities.
Compagnie Du Mont-Blanc is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Compagnie Du Mont-Blanc's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Compagnie Du Mont-Blanc'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.5x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. Mathieu Dechavanne has been the Chairman & Chief Executive Officer at Compagnie Du Mont-Blanc since November 2013 and served as its President & Managing Director. Mr. Dechavanne holds Master of Business Administration from University of North Carolina at Charlotte in the year 1991 to 1993.
Insufficient data for Mathieu to compare compensation growth.
Insufficient data for Mathieu to establish whether their remuneration is reasonable compared to companies of similar size in France.
Chairman & CEO
Financial and Administrative Director
Head of Legal Office & Corporate Law
Board of Directors
Chairman & CEO
Who owns this company?
Recent Insider Trading
No 3 month individual insider trading information.
What To Know Before Buying Compagnie Du Mont-Blanc (EPA:MLCMB) For Its Dividend
Today we'll take a closer look at Compagnie Du Mont-Blanc (EPA:MLCMB) from a dividend investor's perspective. … The company paid out 51% of its free cash flow, which is not bad per se, but does start to limit the amount of cash Compagnie Du Mont-Blanc has available to meet other needs. … However we're conscious that the company hasn't got an overly long track record of dividend payments yet, which makes us wary of relying on its dividend income.
Would Compagnie Du Mont-Blanc (EPA:MLCMB) Be Valuable To Income Investors?
Dividend paying stocks like Compagnie Du Mont-Blanc (EPA:MLCMB) tend to be popular with investors, and for good reason - some research suggests a significant amount of all stock market returns come from reinvested dividends. … With a 2.8% yield and a nine-year payment history, investors probably think Compagnie Du Mont-Blanc looks like a reliable dividend stock. … Second, earnings growth has been ordinary, and its history of dividend payments is shorter than we'd like.
Read This Before You Buy Compagnie Du Mont-Blanc (EPA:MLCMB) Because Of Its P/E Ratio
We'll look at Compagnie Du Mont-Blanc's (EPA:MLCMB) P/E ratio and reflect on what it tells us about the company's share price. … The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Compagnie Du Mont-Blanc: P/E of 13.77 = €139 ÷ €10.1 (Based on the trailing twelve months to May 2018.) Is A High P/E Ratio Good? … The higher the P/E ratio, the higher the price tag of a business, relative to its trailing earnings.
How Does Compagnie Du Mont-Blanc's (EPA:MLCMB) Earnings Growth Stack Up Against Industry Performance?
Let's take a look at if it is merely attributable to industry tailwinds, or if Compagnie Du Mont-Blanc has seen some company-specific growth. … While Compagnie Du Mont-Blanc has a good historical track record with positive growth and profitability, there's no certainty that this will extrapolate into the future. … You should continue to research Compagnie Du Mont-Blanc to get a more holistic view of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for MLCMB’s future growth?
An Examination Of Compagnie Du Mont-Blanc (EPA:MLCMB)
Help shape the future of investing tools and you could win a $250 gift card! … Compagnie Du Mont-Blanc (EPA:MLCMB) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective.
Is Compagnie Du Mont-Blanc's (EPA:MLCMB) Balance Sheet A Threat To Its Future?
While small-cap stocks, such as Compagnie Du Mont-Blanc (EPA:MLCMB) with its market cap of €127m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Understanding the company's financial health becomes. … The following basic checks can help you get a picture of the company's balance sheet strength.
If You Had Bought Compagnie Du Mont-Blanc (EPA:MLCMB) Stock Five Years Ago, You Could Pocket A 144% Gain Today
For example, the Compagnie Du Mont-Blanc (EPA:MLCMB) share price has soared 144% in the last half decade. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During five years of share price growth, Compagnie Du Mont-Blanc achieved compound earnings per share (EPS) growth of 9.1% per year.
Do You Know About Compagnie Du Mont-Blanc’s (EPA:MLCMB) ROCE?
Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.
Can We See Significant Insider Ownership On The Compagnie Du Mont-Blanc (EPA:MLCMB) Share Register?
The big shareholder groups in Compagnie Du Mont-Blanc (EPA:MLCMB) have power over the company. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … With a market capitalization of €133m, Compagnie Du Mont-Blanc is a small cap stock, so it might not be well known by many institutional investors.
Can Compagnie Du Mont-Blanc (EPA:MLCMB) Maintain Its Strong Returns?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows Compagnie Du Mont-Blanc has a return on equity of 9.2% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity
Compagnie Du Mont-Blanc operates as a ski lift company in France. The company is involved in serving and providing transportation in the mountains by ski lifts, chairlifts, gondolas, cable cars, and cog railways. It manages four high altitude ski areas in the Chamonix valley, including Les Grands Montets, Balme, Brévent-Flégère, and Les Houches; and three excursion sites comprising Aiguille du Midi, Montenvers - Mer de Glace, and the Mont Blanc Tramway. The company was founded in 2000 and is based in Chamonix-Mont-Blanc, France.
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