company background image
MAN

Manutan International ENXTPA:MAN Stock Report

Last Price

€72.00

Market Cap

€547.2m

7D

-1.9%

1Y

-4.8%

Updated

24 May, 2022

Data

Company Financials +
MAN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends4/6

MAN Stock Overview

Manutan International S.A. operates as a multichannel distributor of equipment for companies and local authorities primarily in Europe.

Manutan International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Manutan International
Historical stock prices
Current Share Price€72.00
52 Week High€90.00
52 Week Low€63.00
Beta1.07
1 Month Change8.11%
3 Month Change-4.51%
1 Year Change-4.76%
3 Year Change20.00%
5 Year Change-3.23%
Change since IPO321.52%

Recent News & Updates

Feb 26
Return Trends At Manutan International (EPA:MAN) Aren't Appealing

Return Trends At Manutan International (EPA:MAN) Aren't Appealing

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...

Feb 07
Manutan International (EPA:MAN) Has Announced That It Will Be Increasing Its Dividend To €1.65

Manutan International (EPA:MAN) Has Announced That It Will Be Increasing Its Dividend To €1.65

Manutan International S.A. ( EPA:MAN ) has announced that it will be increasing its dividend on the 25th of March to...

Jul 24
Does Manutan International (EPA:MAN) Have A Healthy Balance Sheet?

Does Manutan International (EPA:MAN) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

MANFR Online RetailFR Market
7D-1.9%-4.4%-2.9%
1Y-4.8%-33.2%-6.3%

Return vs Industry: MAN exceeded the French Online Retail industry which returned -33.1% over the past year.

Return vs Market: MAN exceeded the French Market which returned -18.8% over the past year.

Price Volatility

Is MAN's price volatile compared to industry and market?
MAN volatility
MAN Average Weekly Movement3.1%
Online Retail Industry Average Movement7.1%
Market Average Movement6.0%
10% most volatile stocks in FR Market10.1%
10% least volatile stocks in FR Market3.5%

Stable Share Price: MAN is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: MAN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19662,062Xavier Guichardhttps://www.manutan.com

Manutan International S.A. operates as a multichannel distributor of equipment for companies and local authorities primarily in Europe. It offers a range of products, such as handling, lifting, and storage and transportation equipment; industrial supplies; safety, hygiene, and packing products; office and workshop furniture; furniture for catering and hotels; school supplies; education, health, and sports equipment; products for environmental protection; ironmongery items; and electrical products. The company markets its products through paper catalogues, online, and sales agencies and forces.

Manutan International Fundamentals Summary

How do Manutan International's earnings and revenue compare to its market cap?
MAN fundamental statistics
Market Cap€547.22m
Earnings (TTM)€42.30m
Revenue (TTM)€819.90m

12.9x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAN income statement (TTM)
Revenue€819.90m
Cost of Revenue€517.20m
Gross Profit€302.70m
Other Expenses€260.40m
Earnings€42.30m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)5.57
Gross Margin36.92%
Net Profit Margin5.16%
Debt/Equity Ratio6.0%

How did MAN perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

30%

Payout Ratio

Valuation

Is Manutan International undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MAN (€72) is trading below our estimate of fair value (€188.92)

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


Price To Earnings Ratio

PE vs Industry: MAN is poor value based on its Price-To-Earnings Ratio (12.9x) compared to the French Online Retail industry average (12.5x).

PE vs Market: MAN is good value based on its Price-To-Earnings Ratio (12.9x) compared to the French market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: MAN is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: MAN's Price-To-Book Ratio (1.1x) is in line with the FR Online Retail industry average.


Future Growth

How is Manutan International forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAN's forecast earnings growth (8.9% per year) is above the savings rate (0.3%).

Earnings vs Market: MAN's earnings (8.9% per year) are forecast to grow slower than the French market (11.9% per year).

High Growth Earnings: MAN's earnings are forecast to grow, but not significantly.

Revenue vs Market: MAN's revenue (4.1% per year) is forecast to grow slower than the French market (5.8% per year).

High Growth Revenue: MAN's revenue (4.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MAN's Return on Equity is forecast to be low in 3 years time (8.7%).


Past Performance

How has Manutan International performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


2.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MAN has high quality earnings.

Growing Profit Margin: MAN's current net profit margins (5.2%) are higher than last year (4.8%).


Past Earnings Growth Analysis

Earnings Trend: MAN's earnings have grown by 2.3% per year over the past 5 years.

Accelerating Growth: MAN's earnings growth over the past year (13.8%) exceeds its 5-year average (2.3% per year).

Earnings vs Industry: MAN earnings growth over the past year (13.8%) underperformed the Online Retail industry 61.5%.


Return on Equity

High ROE: MAN's Return on Equity (8.1%) is considered low.


Financial Health

How is Manutan International's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MAN's short term assets (€414.4M) exceed its short term liabilities (€189.1M).

Long Term Liabilities: MAN's short term assets (€414.4M) exceed its long term liabilities (€52.3M).


Debt to Equity History and Analysis

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

Reducing Debt: MAN's debt to equity ratio has reduced from 13.9% to 6% over the past 5 years.

Debt Coverage: MAN's debt is well covered by operating cash flow (244.1%).

Interest Coverage: MAN's interest payments on its debt are well covered by EBIT (39.5x coverage).


Balance Sheet


Dividend

What is Manutan International current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.29%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MAN's dividend (2.29%) is higher than the bottom 25% of dividend payers in the French market (1.72%).

High Dividend: MAN's dividend (2.29%) is low compared to the top 25% of dividend payers in the French market (4.96%).


Stability and Growth of Payments

Stable Dividend: MAN's dividends per share have been stable in the past 10 years.

Growing Dividend: MAN's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.2%), MAN's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

10.5yrs

Average management tenure


CEO

Xavier Guichard (48 yo)

9.17yrs

Tenure

€459,854

Compensation

Mr. Xavier Guichard has been Group Chief Executive Officer of Manutan International S.A. since March 19, 2013 and as its Executive Director since November 30, 2011. He serves as the Chief Executive Officer...


CEO Compensation Analysis

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

Compensation vs Earnings: Xavier's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MAN's management team is seasoned and experienced (10.5 years average tenure).


Board Members

Experienced Board: MAN's board of directors are considered experienced (9.8 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

Manutan International S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Manutan International S.A.
  • Ticker: MAN
  • Exchange: ENXTPA
  • Founded: 1966
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Implied Market Cap: €547.216m
  • Shares outstanding: 7.60m
  • Website: https://www.manutan.com

Number of Employees


Location

  • Manutan International S.A.
  • ZAC du parc des Tulipes
  • Avenue du XXIe-Siècle
  • Gonesse
  • Ile-de-France
  • 95506
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 00:00
Earnings2021/09/30
Annual Earnings2021/09/30


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.