ENXTPA:ALMDG

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MGI Digital Technology Société Anonyme

Executive Summary

MGI Digital Technology Société Anonyme designs, manufactures, and sells digital printing and finishing equipment for the graphic industry in France and internationally.


Snowflake Analysis

Solid track record with excellent balance sheet.

Share Price & News

How has MGI Digital Technology Société Anonyme's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ALMDG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.6%

ALMDG

1.5%

FR Tech

4.6%

FR Market


1 Year Return

2.1%

ALMDG

-21.9%

FR Tech

-7.7%

FR Market

Return vs Industry: ALMDG exceeded the French Tech industry which returned -22.5% over the past year.

Return vs Market: ALMDG exceeded the French Market which returned -8.3% over the past year.


Shareholder returns

ALMDGIndustryMarket
7 Day5.6%1.5%4.6%
30 Day3.3%0.05%4.4%
90 Day-18.9%-18.6%-10.3%
1 Year2.1%2.1%-20.6%-21.9%-6.1%-7.7%
3 Year-16.7%-16.7%-41.9%-45.5%2.4%-5.9%
5 Year35.5%35.5%-37.3%-45.8%22.3%6.7%

Price Volatility Vs. Market

How volatile is MGI Digital Technology Société Anonyme's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is MGI Digital Technology Société Anonyme undervalued compared to its fair value and its price relative to the market?

18.4x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ALMDG (€41.45) is trading above our estimate of fair value (€18.54)

Significantly Below Fair Value: ALMDG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ALMDG is good value based on its PE Ratio (18.7x) compared to the Tech industry average (38.9x).

PE vs Market: ALMDG is poor value based on its PE Ratio (18.7x) compared to the French market (14.7x).


Price to Earnings Growth Ratio

PEG Ratio: ALMDG is poor value based on its PEG Ratio (6.7x)


Price to Book Ratio

PB vs Industry: ALMDG is overvalued based on its PB Ratio (2.6x) compared to the FR Tech industry average (1.1x).


Next Steps

Future Growth

How is MGI Digital Technology Société Anonyme forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

2.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALMDG's forecast earnings growth (2.8% per year) is above the savings rate (0.6%).

Earnings vs Market: ALMDG's earnings (2.8% per year) are forecast to grow slower than the French market (13.1% per year).

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

Revenue vs Market: ALMDG's revenue (4.1% per year) is forecast to grow faster than the French market (3.9% per year).

High Growth Revenue: ALMDG'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: ALMDG's Return on Equity is forecast to be low in 3 years time (11.4%).


Next Steps

Past Performance

How has MGI Digital Technology Société Anonyme performed over the past 5 years?

15.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALMDG has high quality earnings.

Growing Profit Margin: ALMDG's current net profit margins (20.6%) are higher than last year (15.1%).


Past Earnings Growth Analysis

Earnings Trend: ALMDG's earnings have grown by 15.6% per year over the past 5 years.

Accelerating Growth: ALMDG's earnings growth over the past year (41.6%) exceeds its 5-year average (15.6% per year).

Earnings vs Industry: ALMDG earnings growth over the past year (41.6%) exceeded the Tech industry -25.6%.


Return on Equity

High ROE: ALMDG's Return on Equity (14.1%) is considered low.


Next Steps

Financial Health

How is MGI Digital Technology Société Anonyme's financial position?


Financial Position Analysis

Short Term Liabilities: ALMDG's short term assets (€70.8M) exceed its short term liabilities (€14.0M).

Long Term Liabilities: ALMDG's short term assets (€70.8M) exceed its long term liabilities (€10.1M).


Debt to Equity History and Analysis

Debt Level: ALMDG's debt to equity ratio (10.2%) is considered satisfactory.

Reducing Debt: ALMDG's debt to equity ratio has increased from 5.3% to 10.2% over the past 5 years.

Debt Coverage: ALMDG's debt is well covered by operating cash flow (130.7%).

Interest Coverage: ALMDG's interest payments on its debt are well covered by EBIT (45.8x coverage).


Balance Sheet


Next Steps

Dividend

What is MGI Digital Technology Société Anonyme's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ALMDG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ALMDG'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 ALMDG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ALMDG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ALMDG's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

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


CEO

Edmond Abergel (60yo)

no data

Tenure

Mr. Edmond Abergel serves as the Chairman, Chief Executive Officer and President at M.G.I. France Société Anonyme. 


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

MGI Digital Technology Société Anonyme's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MGI Digital Technology Société Anonyme
  • Ticker: ALMDG
  • Exchange: ENXTPA
  • Founded: 1982
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: €251.599m
  • Shares outstanding: 6.17m
  • Website: https://www.mgi-fr.com

Number of Employees


Location

  • MGI Digital Technology Société Anonyme
  • 4, rue de la Méridienne
  • Fresnes
  • Ile-de-France
  • 94260
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALMDGENXTPA (Euronext Paris)YesOrdinary SharesFREURJul 2006
FRII.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 2006
0D00LSE (London Stock Exchange)YesOrdinary SharesGBEURJul 2006
2EIDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2006

Biography

MGI Digital Technology Société Anonyme designs, manufactures, and sells digital printing and finishing equipment for the graphic industry in France and internationally. The company offers digital printing and finishing equipment in the areas of inkjet technology, digital printing, spot uv coating, embossed hot foiling, adhesive labels, digital finishing, plastic card production, envelope solutions, and turnkey paper solutions. Its products include JETvarnish 3D Evolution, a spot UV coating solution; JETvarnish 3D Web and JETvarnish 3D Web Color+, a roll-to-roll finishing solution; JETvarnish 3D, a solution for 3D or traditional flat spot UV coating; JETVARNISH 3DS, a digital solution; Meteor Unlimited Colors Se+, a range of new digital print production systems; and Meteor Unlimited Colors XL+, a range of new digital print production systems. The company’s products also comprise Meteor DP8700 Se+, a digital printing solution; Meteor DP8700 XL+, a digital press equipment; Meteor DP8700 XL+ DF Pro, a digital printing and inline finishing solution; and JETcard 3D that provides card manufacturers with a printing/encoding/finishing solution. In addition, its products consists of DF Pro Solo, a paper finishing solution; PressCard Pro, an industrial production unit dedicated to the short run lamination of plastic substrates; PunchCard Pro, a semi-automatic card punching unit; and EnvelopExpress Pro, an envelope feeder for the Meteor DP8700 XL/XL+. The company serves industries, including commercial printers, plastic card manufacturers, government agencies, packaging firms, in-plant printers, newspaper printers, photo printers/labs, and book printers. MGI Digital Technology Société Anonyme was founded in 1982 and is headquartered in Fresnes, France. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/01 22:31
End of Day Share Price2020/06/01 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.