Manutan International
Market Cap
€459.1m
Last Updated
2020/11/24 21:58 UTC
Data Sources
Company Financials +
Executive Summary
Manutan International S.A. operates as a multichannel distributor of equipment for companies and local authorities primarily in Europe. More Details
Rewards
Risk Analysis
No risks detected for MAN from our risk checks.
Snowflake Analysis
Excellent balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Manutan International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MAN is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MAN's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
2.3%
MAN
5.6%
FR Online Retail
0.8%
FR Market
1 Year Return
-0.7%
MAN
33.4%
FR Online Retail
-2.7%
FR Market
Return vs Industry: MAN underperformed the French Online Retail industry which returned 34.6% over the past year.
Return vs Market: MAN exceeded the French Market which returned -3.4% over the past year.
Shareholder returns
| MAN | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.3% | 5.6% | 0.8% |
| 30 Day | 2.0% | 15.8% | 11.0% |
| 90 Day | 10.1% | 31.4% | 10.1% |
| 1 Year | 3.4%-0.7% | 54.7%33.4% | -0.7%-2.7% |
| 3 Year | -19.1%-25.6% | -29.2%-51.9% | 17.3%7.7% |
| 5 Year | 48.0%29.8% | -38.6%-65.3% | 45.4%25.6% |
Long-Term Price Volatility Vs. Market
How volatile is Manutan International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Is Manutan International S.A.'s (EPA:MAN) Recent Performance Tethered To Its Attractive Financial Prospects?3 weeks ago | Simply Wall St
Is There Now An Opportunity In Manutan International S.A. (EPA:MAN)?1 month ago | Simply Wall St
Why Manutan International S.A. (EPA:MAN) Is A Dividend RockstarValuation
Is Manutan International undervalued compared to its fair value and its price relative to the market?
9.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MAN (€61) is trading below our estimate of fair value (€67.38)
Significantly Below Fair Value: MAN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MAN is good value based on its PE Ratio (11.2x) compared to the FR Online Retail industry average (30.2x).
PE vs Market: MAN is good value based on its PE Ratio (11.2x) compared to the French market (21x).
Price to Earnings Growth Ratio
PEG Ratio: MAN is poor value based on its PEG Ratio (3.5x)
Price to Book Ratio
PB vs Industry: MAN is good value based on its PB Ratio (1x) compared to the FR Online Retail industry average (2.5x).
Next Steps
Future Growth
How is Manutan International forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
3.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAN's forecast earnings growth (3.2% per year) is above the savings rate (0.6%).
Earnings vs Market: MAN's earnings (3.2% per year) are forecast to grow slower than the French market (25.1% per year).
High Growth Earnings: MAN's earnings are forecast to grow, but not significantly.
Revenue vs Market: MAN's revenue (2.6% per year) is forecast to grow slower than the French market (7.2% per year).
High Growth Revenue: MAN's revenue (2.6% 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 (7.9%).
Next Steps
Past Performance
How has Manutan International performed over the past 5 years?
10.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAN has high quality earnings.
Growing Profit Margin: MAN's current net profit margins (5.3%) are lower than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: MAN's earnings have grown by 10.7% per year over the past 5 years.
Accelerating Growth: MAN's earnings growth over the past year (0.04%) is below its 5-year average (10.7% per year).
Earnings vs Industry: MAN earnings growth over the past year (0.04%) underperformed the Online Retail industry 0.04%.
Return on Equity
High ROE: MAN's Return on Equity (9%) is considered low.
Next Steps
Financial Health
How is Manutan International's financial position?
Financial Position Analysis
Short Term Liabilities: MAN's short term assets (€331.3M) exceed its short term liabilities (€151.4M).
Long Term Liabilities: MAN's short term assets (€331.3M) exceed its long term liabilities (€65.3M).
Debt to Equity History and Analysis
Debt Level: MAN's debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: MAN's debt to equity ratio has increased from 0.9% to 9.3% over the past 5 years.
Debt Coverage: MAN's debt is well covered by operating cash flow (143.8%).
Interest Coverage: MAN's interest payments on its debt are well covered by EBIT (183.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Manutan International current dividend yield, its reliability and sustainability?
2.70%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAN's dividend (2.7%) is higher than the bottom 25% of dividend payers in the French market (1.43%).
High Dividend: MAN's dividend (2.7%) is low compared to the top 25% of dividend payers in the French market (4.88%).
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.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.2%), MAN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MAN's dividends in 3 years are forecast to be well covered by earnings (32% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.0yrs
Average management tenure
CEO
Xavier Guichard (47 yo)
7.67yrs
Tenure
€486,969
Compensation
Mr. Xavier Guichard serves as the Chief Executive Officer at Mantuan SA. Mr. Guichard has been General Manager at Manutan International SA since March 12, 2013 and serves as its Group Deputy Chief Executiv...
CEO Compensation Analysis
Compensation vs Market: Xavier's total compensation ($USD578.62K) is about average for companies of similar size in the French market ($USD556.18K).
Compensation vs Earnings: Xavier's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 7.67yrs | €486.97k | 1.29% € 5.9m | |
| Group Deputy CEO & Executive Director | 9yrs | €462.93k | 0.033% € 151.0k | |
| Group Deputy CEO | 9yrs | €462.86k | 0.059% € 271.8k | |
| Head of Employment Development | no data | no data | no data |
9.0yrs
Average Tenure
47yo
Average Age
Experienced Management: MAN's management team is seasoned and experienced (9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 7.67yrs | €486.97k | 1.29% € 5.9m | |
| Group Deputy CEO & Executive Director | 9yrs | €462.93k | 0.033% € 151.0k | |
| Group Deputy CEO | 9yrs | €462.86k | 0.059% € 271.8k | |
| Non-Executive Chairman | 9yrs | €450.00k | 38.54% € 176.9m | |
| Independent Director | 7.67yrs | €30.50k | 0.0013% € 6.1k | |
| Independent Director | 9yrs | €25.50k | 0.0019% € 9.0k | |
| Independent Director | 6.67yrs | €28.00k | 0.0011% € 5.1k | |
| Director | 3.67yrs | €23.00k | no data | |
| Independent Director | 1.83yrs | €28.00k | no data | |
| Employee Representative Director | 0.17yr | no data | no data |
8.3yrs
Average Tenure
51yo
Average Age
Experienced Board: MAN's board of directors are considered experienced (8.3 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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Manutan International S.A.'s company bio, 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
- Market Cap: €459.054m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MAN | ENXTPA (Euronext Paris) | Yes | Common Shares | FR | EUR | Jan 1992 |
| 0F6I | LSE (London Stock Exchange) | Yes | Common Shares | GB | EUR | Jan 1992 |
| MANP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Shares | GB | EUR | Jan 1992 |
Biography
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...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/24 21:58 |
| End of Day Share Price | 2020/11/24 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/09/30 |
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.