Établissements Maurel & Prom S.A., an oil and gas company, engages in the exploration and production of hydrocarbons in Gabon, Tanzania, Angola, and internationally.
Undervalued with moderate growth potential.
Share Price & News
How has Etablissements Maurel & Prom's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MAU's share price has been volatile over the past 3 months.
7 Day Return
FR Oil and Gas
1 Year Return
FR Oil and Gas
Return vs Industry: MAU underperformed the French Oil and Gas industry which returned -33% over the past year.
Return vs Market: MAU underperformed the French Market which returned -19.6% over the past year.
Price Volatility Vs. Market
How volatile is Etablissements Maurel & Prom's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StEtablissements Maurel & Prom S.A. (EPA:MAU) Analysts Are Reducing Their Forecasts For Next Year
1 month ago | Simply Wall StWhat Does Etablissements Maurel & Prom S.A.’s (EPA:MAU) 5.7% ROCE Say About The Business?
2 months ago | Simply Wall StShould Etablissements Maurel & Prom S.A. (EPA:MAU) Be Part Of Your Dividend Portfolio?
Is Etablissements Maurel & Prom 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: MAU (€1.63) is trading below our estimate of fair value (€2.79)
Significantly Below Fair Value: MAU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MAU is poor value based on its PE Ratio (9.2x) compared to the Oil and Gas industry average (8.8x).
PE vs Market: MAU is good value based on its PE Ratio (9.2x) compared to the French market (13.6x).
Price to Earnings Growth Ratio
PEG Ratio: MAU is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: MAU is good value based on its PB Ratio (0.3x) compared to the FR Oil and Gas industry average (0.6x).
How is Etablissements Maurel & Prom forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAU's forecast earnings growth (32.2% per year) is above the savings rate (-0.1%).
Earnings vs Market: MAU's earnings (32.2% per year) are forecast to grow faster than the French market (12.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MAU's revenue is expected to decline over the next 3 years (-0.2% per year).
High Growth Revenue: MAU's revenue is forecast to decline over the next 3 years (-0.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAU's Return on Equity is forecast to be low in 3 years time (8.1%).
How has Etablissements Maurel & Prom performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAU has high quality earnings.
Growing Profit Margin: MAU's current net profit margins (7.4%) are lower than last year (13.2%).
Past Earnings Growth Analysis
Earnings Trend: MAU's earnings have grown significantly by 53% per year over the past 5 years.
Accelerating Growth: MAU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MAU had negative earnings growth (-35.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (0.4%).
Return on Equity
High ROE: MAU's Return on Equity (3.1%) is considered low.
How is Etablissements Maurel & Prom's financial position?
Financial Position Analysis
Short Term Liabilities: MAU's short term assets ($536.9M) exceed its short term liabilities ($394.7M).
Long Term Liabilities: MAU's short term assets ($536.9M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: MAU's debt to equity ratio (61.4%) is considered high.
Reducing Debt: MAU's debt to equity ratio has reduced from 74.9% to 61.4% over the past 5 years.
Debt Coverage: MAU's debt is well covered by operating cash flow (23.1%).
Interest Coverage: MAU's interest payments on its debt are not well covered by EBIT (2.8x coverage).
What is Etablissements Maurel & Prom's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MAU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MAU's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MAU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MAU's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MAU is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MAU's dividend in 3 years as they are not forecast to pay a notable one for the French market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Olivier de Langavant
Mr. Olivier Cleret de Langavant serves as Non-Executive Director at Seplat Petroleum Development Company Plc since January 28, 2020. He serves as Chief Executive Officer at Etablissements Maurel & Prom S.A ...
|Chief Executive Officer||0.42yr||no data||no data|
|Chief Operating Officer||7.25yrs||no data||no data|
|Executive Officer||7.25yrs||no data||no data|
Experienced Management: MAU's management team is seasoned and experienced (7.3 years average tenure).
|Independent Director||11.83yrs||US$83.20k||0.00076% $2.4k|
|Independent Director||9.92yrs||US$85.32k||0.00026% $831.1|
|Independent Director||7.08yrs||US$58.03k||0.00051% $1.6k|
|Chairman of the Board||3yrs||US$181.48k||no data|
|Director||1.25yrs||no data||no data|
|Director||1.25yrs||no data||no data|
Experienced Board: MAU's board of directors are considered experienced (3.7 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 2.1%.
Etablissements Maurel & Prom S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Etablissements Maurel & Prom S.A.
- Ticker: MAU
- Exchange: ENXTPA
- Founded: 1813
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: €319.663m
- Shares outstanding: 196.11m
- Website: https://www.maureletprom.fr
Number of Employees
- Etablissements Maurel & Prom S.A.
- 51, rue d’Anjou
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MAU||ENXTPA (Euronext Paris)||Yes||Common Stock||FR||EUR||Jan 1992|
|ETX||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1992|
|0F6L||LSE (London Stock Exchange)||Yes||Common Stock||GB||EUR||Jan 1992|
|MREL.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jan 1992|
Établissements Maurel & Prom S.A., an oil and gas company, engages in the exploration and production of hydrocarbons in Gabon, Tanzania, Angola, and internationally. It operates in three segments: Exploration, Production, and Drilling. As of December 31, 2019, the company had proven and probable oil reserves of 192 million barrels of oil equivalent. The company was founded in 1813 and is headquartered in Paris, France. Établissements Maurel & Prom S.A. is a subsidiary of PT Pertamina Internasional Eksplorasi dan Produksi.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 22:28|
|End of Day Share Price||2020/04/07 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.