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Mortgage Advice Bureau (Holdings)

AIM:MAB1
Snowflake Description

Reasonable growth potential with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MAB1
AIM
£296M
Market Cap
  1. Home
  2. GB
  3. Banks
Company description

Mortgage Advice Bureau (Holdings) plc, through its subsidiaries, provides mortgage advice in the United Kingdom. The last earnings update was 35 days ago. More info.


Add to Portfolio Compare Print
MAB1 Share Price and Events
7 Day Returns
2.7%
AIM:MAB1
-0.2%
GB Mortgage
0.5%
GB Market
1 Year Returns
-8.7%
AIM:MAB1
3.6%
GB Mortgage
0.8%
GB Market
MAB1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mortgage Advice Bureau (Holdings) (MAB1) 2.7% 1.9% -1.7% -8.7% 43.2% -
GB Mortgage -0.2% 7.4% 8.7% 3.6% 37.4% 22.4%
GB Market 0.5% 3.6% 7.6% 0.8% 15.9% 6.2%
1 Year Return vs Industry and Market
  • MAB1 underperformed the Mortgage industry which returned 3.6% over the past year.
  • MAB1 underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 0.8% over the past year.
Price Volatility
MAB1
Industry
5yr Volatility vs Market

MAB1 Value

 Is Mortgage Advice Bureau (Holdings) undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Mortgage Advice Bureau (Holdings) to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Mortgage Advice Bureau (Holdings).

AIM:MAB1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= £0.31 * 80.7%
£0.25
Book Value of Equity per Share Median Book Value from the past 5 years. £0.31
Discount Rate (Cost of Equity) See below 7.4%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:MAB1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Mortgage Unlevered Beta Simply Wall St/ S&P Global 0.9
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.899 (1 + (1- 19%) (0%))
0.932
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.93
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.932 * 6.65%)
7.43%

Discounted Cash Flow Calculation for AIM:MAB1 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Mortgage Advice Bureau (Holdings) is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

AIM:MAB1 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (80.7% – 7.43%) * £0.31)
£0.23
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= £0.23 / (7.43% - 1.23%)
£3.67
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= £0.31 + £3.67
£3.98
AIM:MAB1 Discount to Share Price
Calculation Result
Value per share (GBP) From above. £3.98
Current discount Discount to share price of £5.80
= -1 x (£5.80 - £3.98) / £3.98
-45.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Mortgage Advice Bureau (Holdings) is above its future cash flow value.
Often investors are willing to pay a premium 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 Mortgage Advice Bureau (Holdings)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mortgage Advice Bureau (Holdings)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:MAB1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £0.26
AIM:MAB1 Share Price ** AIM (2019-04-23) in GBP £5.8
United Kingdom of Great Britain and Northern Ireland Mortgage Industry PE Ratio Median Figure of 6 Publicly-Listed Mortgage Companies 8.09x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Mortgage Advice Bureau (Holdings).

AIM:MAB1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:MAB1 Share Price ÷ EPS (both in GBP)

= 5.8 ÷ 0.26

22.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mortgage Advice Bureau (Holdings) is overvalued based on earnings compared to the GB Mortgage industry average.
  • Mortgage Advice Bureau (Holdings) is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Mortgage Advice Bureau (Holdings)'s expected growth come at a high price?
Raw Data
AIM:MAB1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 22.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
14.8%per year
Europe Mortgage Industry PEG Ratio Median Figure of 6 Publicly-Listed Mortgage Companies 0.99x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

AIM:MAB1 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 22.44x ÷ 14.8%

1.52x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mortgage Advice Bureau (Holdings) is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Mortgage Advice Bureau (Holdings)'s assets?
Raw Data
AIM:MAB1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £0.40
AIM:MAB1 Share Price * AIM (2019-04-23) in GBP £5.8
United Kingdom of Great Britain and Northern Ireland Mortgage Industry PB Ratio Median Figure of 7 Publicly-Listed Mortgage Companies 1.1x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.51x
AIM:MAB1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:MAB1 Share Price ÷ Book Value per Share (both in GBP)

= 5.8 ÷ 0.40

14.34x

* Primary Listing of Mortgage Advice Bureau (Holdings).

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mortgage Advice Bureau (Holdings) is overvalued based on assets compared to the GB Mortgage industry average.
X
Value checks
We assess Mortgage Advice Bureau (Holdings)'s value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check)
  5. Mortgage Advice Bureau (Holdings) has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MAB1 Future Performance

 How is Mortgage Advice Bureau (Holdings) expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth 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 it right!
Annual Growth Rate
14.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mortgage Advice Bureau (Holdings) expected to grow at an attractive rate?
  • Mortgage Advice Bureau (Holdings)'s earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Mortgage Advice Bureau (Holdings)'s earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Mortgage Advice Bureau (Holdings)'s revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:MAB1 Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:MAB1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 14.8%
AIM:MAB1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 14.3%
United Kingdom of Great Britain and Northern Ireland Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 15.8%
United Kingdom of Great Britain and Northern Ireland Mortgage Industry Revenue Growth Rate Market Cap Weighted Average 11.2%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:MAB1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:MAB1 Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 189 21 1
2020-12-31 161 18 1
2019-12-31 139 15 1
AIM:MAB1 Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 123 15 13
2018-09-30 120 15 13
2018-06-30 117 15 13
2018-03-31 113 15 12
2017-12-31 109 14 12
2017-09-30 104 13 13
2017-06-30 99 12 14
2017-03-31 96 13 13
2016-12-31 93 13 13
2016-09-30 90 14 11
2016-06-30 87 15 10
2016-03-31 81 13 9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mortgage Advice Bureau (Holdings)'s earnings are expected to grow by 14.8% yearly, however this is not considered high growth (20% yearly).
  • Mortgage Advice Bureau (Holdings)'s revenue is expected to grow by 14.3% yearly, however this is not considered high growth (20% yearly).
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.
Raw Data
AIM:MAB1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Mortgage Advice Bureau (Holdings) Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MAB1 Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.38 0.38 0.38 1.00
2020-12-31 0.33 0.33 0.33 1.00
2019-12-31 0.28 0.28 0.28 1.00
AIM:MAB1 Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 0.26
2018-09-30 0.25
2018-06-30 0.25
2018-03-31 0.24
2017-12-31 0.24
2017-09-30 0.26
2017-06-30 0.28
2017-03-31 0.27
2016-12-31 0.26
2016-09-30 0.22
2016-06-30 0.19
2016-03-31 0.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Mortgage Advice Bureau (Holdings) is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Mortgage Advice Bureau (Holdings)'s future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Mortgage Advice Bureau (Holdings) has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MAB1 Past Performance

  How has Mortgage Advice Bureau (Holdings) performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Mortgage Advice Bureau (Holdings)'s growth in the last year to its industry (Mortgage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Mortgage Advice Bureau (Holdings) has delivered over 20% year on year earnings growth in the past 5 years.
  • Mortgage Advice Bureau (Holdings)'s 1-year earnings growth is less than its 5-year average (9.5% vs 22.6%)
  • Mortgage Advice Bureau (Holdings)'s earnings growth has exceeded the GB Mortgage industry average in the past year (9.5% vs 9.4%).
Earnings and Revenue History
Mortgage Advice Bureau (Holdings)'s revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Mortgage Advice Bureau (Holdings) Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MAB1 Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 123.29 13.19 13.20
2018-09-30 120.20 12.93 12.74
2018-06-30 117.11 12.66 12.28
2018-03-31 112.98 12.35 12.09
2017-12-31 108.85 12.04 11.91
2017-09-30 104.11 12.99 11.54
2017-06-30 99.37 13.93 11.18
2017-03-31 96.11 13.42 10.74
2016-12-31 92.85 12.92 10.30
2016-09-30 90.08 11.31 10.00
2016-06-30 87.32 9.70 9.71
2016-03-31 81.39 9.18 9.22
2015-12-31 75.47 8.66 8.72
2015-09-30 69.56 7.48 8.07
2015-06-30 63.66 6.30 7.42
2015-03-31 60.12 5.84 6.84
2014-12-31 56.58 5.39 6.26
2014-09-30 52.38 5.17 6.35
2014-06-30 48.19 4.95 6.45
2014-03-31 44.13 4.55 6.10
2013-12-31 40.07 4.14 5.75
2012-12-31 28.37 2.08 4.91

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Mortgage Advice Bureau (Holdings) made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Mortgage Advice Bureau (Holdings) used its assets more efficiently than the GB Mortgage industry average last year based on Return on Assets.
  • Unable to establish if Mortgage Advice Bureau (Holdings) improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Mortgage Advice Bureau (Holdings)'s performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Mortgage Advice Bureau (Holdings) has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MAB1 Health

 How is Mortgage Advice Bureau (Holdings)'s financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Mortgage Advice Bureau (Holdings)'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Mortgage Advice Bureau (Holdings) Company Filings, last reported 3 months ago.

AIM:MAB1 Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 20.67 0.00 25.59
2018-09-30 20.67 0.00 25.59
2018-06-30 19.10 0.00 22.84
2018-03-31 19.10 0.00 22.84
2017-12-31 18.17 0.00 22.55
2017-09-30 18.17 0.00 22.55
2017-06-30 15.69 0.00 19.00
2017-03-31 15.69 0.00 19.00
2016-12-31 15.17 0.00 18.71
2016-09-30 15.17 0.00 18.71
2016-06-30 14.69 0.00 16.30
2016-03-31 14.69 0.00 16.30
2015-12-31 12.91 0.00 13.96
2015-09-30 12.91 0.00 13.96
2015-06-30 9.93 0.00 11.53
2015-03-31 9.93 0.00 11.53
2014-12-31 7.62 0.00 9.27
2014-09-30 7.62 0.00 9.27
2014-06-30 6.41 0.00 6.31
2014-03-31 6.41 0.00 6.31
2013-12-31 10.68 0.00 9.39
2012-12-31 7.18 0.00 4.74
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Unable to establish if Mortgage Advice Bureau (Holdings) has an acceptable proportion of non-loan assets without balance sheet data.
  • Unable to establish if Mortgage Advice Bureau (Holdings)'s liabilities are primarily made up of low risk funding sources without deposits or liabilities data.
  • Mortgage Advice Bureau (Holdings) reports no customer deposits, loans are made up entirely of borrowed funds.
  • Mortgage Advice Bureau (Holdings)'s level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Mortgage Advice Bureau (Holdings) has a sufficient allowance for bad loans without relevant financial data.
  • Unable to establish if Mortgage Advice Bureau (Holdings) has an acceptable level of bad loans without bad loans data.
X
Financial health checks
We assess Mortgage Advice Bureau (Holdings)'s financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Mortgage Advice Bureau (Holdings) has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MAB1 Dividends

 What is Mortgage Advice Bureau (Holdings)'s current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.02%
Current annual income from Mortgage Advice Bureau (Holdings) dividends. Estimated to be 5.23% next year.
If you bought £2,000 of Mortgage Advice Bureau (Holdings) shares you are expected to receive £80 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Mortgage Advice Bureau (Holdings)'s pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.02%).
  • Mortgage Advice Bureau (Holdings)'s dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.19%).
Upcoming dividend payment

Purchase Mortgage Advice Bureau (Holdings) before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:MAB1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 4.6%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:MAB1 Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.35 1.00
2020-12-31 0.30 1.00
2019-12-31 0.26 1.00
AIM:MAB1 Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-03-19 0.233 4.115
2018-03-20 0.214 3.617
2018-03-19 0.214 3.535
2017-05-24 0.183 3.658
2016-05-26 0.190 5.751
2015-09-24 0.098 2.961
2015-03-27 0.020 0.824
2014-11-12 0.060 3.380

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mortgage Advice Bureau (Holdings) has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Mortgage Advice Bureau (Holdings) only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Mortgage Advice Bureau (Holdings)'s earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (1.1x coverage).
X
Income/ dividend checks
We assess Mortgage Advice Bureau (Holdings)'s dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Mortgage Advice Bureau (Holdings) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mortgage Advice Bureau (Holdings) has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MAB1 Management

 What is the CEO of Mortgage Advice Bureau (Holdings)'s salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Peter Christopher Brodnicki
COMPENSATION £598,738
AGE 55
CEO Bio

Mr. Peter Christopher Steven Brodnicki serves as the Chief Executive Officer of Mortgage Advice Bureau (Holdings) PLC and serves as its Executive Director.

CEO Compensation
  • Peter Christopher's compensation has been consistent with company performance over the past year.
  • Peter Christopher's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Mortgage Advice Bureau (Holdings) management team in years:

3.5
Average Tenure
52
Average Age
  • The tenure for the Mortgage Advice Bureau (Holdings) management team is about average.
Management Team

Peter Christopher Brodnicki

TITLE
Founder
COMPENSATION
£599K
AGE
55

Haythorn Tilley

TITLE
Finance Director
COMPENSATION
£308K
AGE
46
TENURE
3.9 yrs

David Preece

TITLE
COO & Executive Director
COMPENSATION
£393K
AGE
57
TENURE
15.3 yrs

Sharon Trinder

TITLE
Compliance Director
TENURE
3.3 yrs

Gemma Bacon

TITLE
Head of Marketing
TENURE
3.5 yrs

Ben Thompson

TITLE
MD & Director
AGE
49
TENURE
0.8 yrs

Don MacPherson

TITLE
Chief Commercial Officer
Board of Directors Tenure

Average tenure and age of the Mortgage Advice Bureau (Holdings) board of directors in years:

2.6
Average Tenure
55
Average Age
  • The average tenure for the Mortgage Advice Bureau (Holdings) board of directors is less than 3 years, this suggests a new board.
Board of Directors

Robin Ker

TITLE
Non-Executive Chairman
COMPENSATION
£72K
AGE
58
TENURE
4.5 yrs

Peter Christopher Brodnicki

TITLE
Founder
COMPENSATION
£599K
AGE
55

Haythorn Tilley

TITLE
Finance Director
COMPENSATION
£308K
AGE
46
TENURE
3.9 yrs

David Preece

TITLE
COO & Executive Director
COMPENSATION
£393K
AGE
57

Ben Thompson

TITLE
MD & Director
AGE
49
TENURE
0.8 yrs

Nathan James Imlach

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£37K
AGE
49

Stephen Charles Smith

TITLE
Independent Non-Executive Director
AGE
60
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Mortgage Advice Bureau (Holdings) insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
16. Apr 19 Buy Lucy Tilley Individual 15. Apr 19 15. Apr 19 52 £5.78 £301
14. Mar 19 Buy Lucy Tilley Individual 14. Mar 19 14. Mar 19 50 £5.96 £298
31. Jan 19 Buy Nathan James Imlach Individual 31. Jan 19 31. Jan 19 260 £5.80 £1,508
31. Dec 18 Buy Nathan James Imlach Individual 31. Dec 18 31. Dec 18 282 £5.15 £1,452
17. Dec 18 Buy Lucy Tilley Individual 14. Dec 18 14. Dec 18 58 £5.18 £300
30. Nov 18 Buy Nathan James Imlach Individual 30. Nov 18 30. Nov 18 271 £5.36 £1,453
14. Nov 18 Buy Lucy Tilley Individual 14. Nov 18 14. Nov 18 54 £5.56 £300
31. Oct 18 Buy Nathan James Imlach Individual 31. Oct 18 31. Oct 18 251 £5.80 £1,456
28. Sep 18 Buy Nathan James Imlach Individual 28. Sep 18 28. Sep 18 238 £6.10 £1,452
31. Aug 18 Buy Nathan James Imlach Individual 31. Aug 18 31. Aug 18 217 £6.68 £1,450
14. Aug 18 Buy Donna Brenchley Individual 14. Aug 18 14. Aug 18 48 £6.45 £310
14. Aug 18 Buy Lucy Tilley Individual 14. Aug 18 14. Aug 18 48 £6.45 £310
31. Jul 18 Buy Nathan James Imlach Individual 31. Jul 18 31. Jul 18 216 £6.76 £1,460
29. Jun 18 Buy Nathan James Imlach Individual 29. Jun 18 29. Jun 18 226 £6.40 £1,446
14. Jun 18 Buy Donna Brenchley Individual 14. Jun 18 14. Jun 18 48 £6.25 £300
14. Jun 18 Buy Lucy Tilley Individual 14. Jun 18 14. Jun 18 48 £6.25 £300
31. May 18 Buy Richard Verdin Individual 31. May 18 31. May 18 114 £6.12 £698
31. May 18 Buy Nathan James Imlach Individual 31. May 18 31. May 18 236 £6.12 £1,444
15. May 18 Buy Donna Brenchley Individual 10. May 18 10. May 18 48 £6.14 £295
15. May 18 Buy Lucy Tilley Individual 14. May 18 14. May 18 48 £6.14 £295
30. Apr 18 Buy Richard Verdin Individual 30. Apr 18 30. Apr 18 200 £6.34 £1,268
30. Apr 18 Buy Nathan James Imlach Individual 30. Apr 18 30. Apr 18 229 £6.34 £1,452
X
Management checks
We assess Mortgage Advice Bureau (Holdings)'s management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Mortgage Advice Bureau (Holdings) has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MAB1 News

Simply Wall St News

Mortgage Advice Bureau (Holdings) PLC (LON:MAB1): Ex-Dividend Is In 2 Days

To qualify for the dividend check of UK£0.13 per share, investors must have owned the shares prior to 25 April 2019, which is the last day the company's management will finalize their list of shareholders to which they will send dividend payments. … Is this future income stream a compelling catalyst for dividend investors to think about the stock as an investment today? … Let's take a look at Mortgage Advice Bureau (Holdings)'s most recent financial data to examine its dividend characteristics in more detail.

Simply Wall St -

What Do Analysts Think About Mortgage Advice Bureau (Holdings) PLC's (LON:MAB1) Earnings Outlook?

In December 2018, Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) announced its most recent earnings update, whicha

Simply Wall St -

How Do Analysts See Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) Performing Over The Next Year?

As Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) announced its earnings release on 31 December 2018, … as a 14% rise in profits is expected in the upcoming year, … the higher past 5-year average growth rate of 23%.

Simply Wall St -

Does Mortgage Advice Bureau (Holdings) PLC's (LON:MAB1) CEO Salary Reflect Performance?

The CEO of Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) is Peter Christopher Brodnicki. … How Does Peter Christopher Brodnicki's Compensation Compare With Similar Sized Companies. … Our data indicates that Mortgage Advice Bureau (Holdings) PLC is worth UK£279m, and total annual CEO compensation is UK£599k.

Simply Wall St -

How Does Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) Affect Your Portfolio Volatility?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.

Simply Wall St -

When Should You Buy Mortgage Advice Bureau (Holdings) PLC (LON:MAB1)?

Mortgage Advice Bureau (Holdings) PLC (LON:MAB1), operating in the financial services industry based in United Kingdom,. … As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Let’s take a look at Mortgage Advice Bureau (Holdings)’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

Here's What Mortgage Advice Bureau (Holdings) PLC's (LON:MAB1) P/E Is Telling Us

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … We'll look at Mortgage Advice Bureau (Holdings) PLC's (LON:MAB1) P/E ratio and reflect on what it tells us about the company's share price. … Mortgage Advice Bureau (Holdings) has a price to earnings ratio of 21.77, based on the last twelve months.

Simply Wall St -

Is Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) A Strong Dividend Stock?

In the last few years Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) has paid a dividend to shareholders. … Does Mortgage Advice Bureau (Holdings) tick all the boxes of a great dividend stock? … See our latest analysis for Mortgage Advice Bureau (Holdings)

Simply Wall St -

How Many Insiders Sold Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) Shares?

So before you buy or sell Mortgage Advice Bureau (Holdings) PLC (LON:MAB1), you may well want to know whether insiders have been buying or selling. … Mortgage Advice Bureau (Holdings) Insider Transactions Over The Last Year. … In total, Mortgage Advice Bureau (Holdings) insiders sold more than they bought over the last year.

Simply Wall St -

What You Must Know About Mortgage Advice Bureau (Holdings) PLC's (LON:MAB1) Beta Value

In finance, Beta is a measure of volatility. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

Simply Wall St -

MAB1 Company Info

Description

Mortgage Advice Bureau (Holdings) plc, through its subsidiaries, provides mortgage advice in the United Kingdom. It provides advice on approximately 12,000 residential and buy-to-let mortgage products through mortgage intermediaries. The company offers its services over the phone and face to face for customers. It also provides advice on protection and general insurance products. The company was incorporated in 2000 and is based in Derby, the United Kingdom.

Details
Name: Mortgage Advice Bureau (Holdings) PLC
MAB1
Exchange: AIM
Founded: 2000
£296,413,106
51,105,708
Website: http://www.mortgageadvicebureau.com
Address: Mortgage Advice Bureau (Holdings) PLC
Capital House,
Pride Place,
Derby,
Derbyshire, DE24 8QR,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM MAB1 Ordinary Shares London Stock Exchange AIM Market GB GBP 12. Nov 2014
OTCPK MABH.F Ordinary Shares Pink Sheets LLC US USD 12. Nov 2014
Number of employees
Current staff
Staff numbers
166
Mortgage Advice Bureau (Holdings) employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 22:03
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/03/29
Last earnings filing: 2019/03/19
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.