Mortgage Advice Bureau (Holdings)
Market Cap
UK£316.0m
Last Updated
2020/07/05 20:51 UTC
Data Sources
Company Financials +
Executive Summary
Mortgage Advice Bureau (Holdings) PLC, through its subsidiaries, provides mortgage advice in the United Kingdom.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with moderate growth potential.
Similar Companies
Share Price & News
How has Mortgage Advice Bureau (Holdings)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MAB1's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0.2%
MAB1
2.1%
GB Mortgage
0.1%
GB Market
1 Year Return
-0.5%
MAB1
-13.8%
GB Mortgage
-15.3%
GB Market
Return vs Industry: MAB1 exceeded the UK Mortgage industry which returned -13.8% over the past year.
Return vs Market: MAB1 exceeded the UK Market which returned -15.3% over the past year.
Shareholder returns
| MAB1 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | 2.1% | 0.1% |
| 30 Day | 0.5% | -5.7% | -4.6% |
| 90 Day | 22.9% | 13.5% | 13.1% |
| 1 Year | 2.8%-0.5% | -12.6%-13.8% | -11.4%-15.3% |
| 3 Year | 63.4%46.3% | -3.3%-9.1% | -3.4%-15.2% |
| 5 Year | 200.5%140.6% | 2.2%-11.4% | 15.4%-10.3% |
Price Volatility Vs. Market
How volatile is Mortgage Advice Bureau (Holdings)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Mortgage Advice Bureau (Holdings) (LON:MAB1) Has Gifted Shareholders With A Fantastic 226% Total Return On Their Investment1 month ago | Simply Wall St
Is Mortgage Advice Bureau (Holdings) plc (LON:MAB1) A Great Dividend Stock?2 months ago | Simply Wall St
Mortgage Advice Bureau (Holdings) plc (LON:MAB1) Looks Like A Good Stock, And It's Going Ex-Dividend SoonValuation
Is Mortgage Advice Bureau (Holdings) undervalued compared to its fair value and its price relative to the market?
21.52x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MAB1 (£6.07) is trading above our estimate of fair value (£4.59)
Significantly Below Fair Value: MAB1 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MAB1 is poor value based on its PE Ratio (21.5x) compared to the Mortgage industry average (7.8x).
PE vs Market: MAB1 is poor value based on its PE Ratio (21.5x) compared to the UK market (15x).
Price to Earnings Growth Ratio
PEG Ratio: MAB1 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: MAB1 is overvalued based on its PB Ratio (12.2x) compared to the GB Mortgage industry average (0.8x).
Next Steps
Future Growth
How is Mortgage Advice Bureau (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
16.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAB1's forecast earnings growth (16.2% per year) is above the savings rate (1.2%).
Earnings vs Market: MAB1's earnings (16.2% per year) are forecast to grow slower than the UK market (21.2% per year).
High Growth Earnings: MAB1's earnings are forecast to grow, but not significantly.
Revenue vs Market: MAB1's revenue (9.1% per year) is forecast to grow faster than the UK market (3.4% per year).
High Growth Revenue: MAB1's revenue (9.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAB1's Return on Equity is forecast to be very high in 3 years time (44%).
Next Steps
Past Performance
How has Mortgage Advice Bureau (Holdings) performed over the past 5 years?
14.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAB1 has high quality earnings.
Growing Profit Margin: MAB1's current net profit margins (10.1%) are lower than last year (10.7%).
Past Earnings Growth Analysis
Earnings Trend: MAB1's earnings have grown by 14.8% per year over the past 5 years.
Accelerating Growth: MAB1's earnings growth over the past year (9.9%) is below its 5-year average (14.8% per year).
Earnings vs Industry: MAB1 earnings growth over the past year (9.9%) exceeded the Mortgage industry -10.3%.
Return on Equity
High ROE: MAB1's Return on Equity (54.2%) is considered outstanding.
Next Steps
Financial Health
How is Mortgage Advice Bureau (Holdings)'s financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: MAB1's Assets to Equity ratio (2.2x) is low.
Allowance for Bad Loans: Insufficient data to determine if MAB1 has a sufficient allowance for bad loans.
Low Risk Liabilities: MAB1 reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if MAB1 has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: MAB1 reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if MAB1 has an appropriate level of bad loans.
Next Steps
Dividend
What is Mortgage Advice Bureau (Holdings) current dividend yield, its reliability and sustainability?
2.88%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAB1's dividend (2.88%) is higher than the bottom 25% of dividend payers in the UK market (1.99%).
High Dividend: MAB1's dividend (2.88%) is low compared to the top 25% of dividend payers in the UK market (5.55%).
Stability and Growth of Payments
Stable Dividend: MAB1 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MAB1's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.1%), MAB1's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MAB1's dividends in 3 years are forecast to be covered by earnings (75.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Peter Christopher Brodnicki (57yo)
no data
Tenure
UK£498,834
Compensation
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 Analysis
Compensation vs Market: Peter Christopher's total compensation ($USD0.00) is below average for companies of similar size in the UK market ($USD920.08K).
Compensation vs Earnings: Peter Christopher's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | UK£498.83k | 26.89% £85.0m | |
| CFO, Secretary & Executive Director | 5.17yrs | UK£291.55k | 0.034% £108.2k | |
| Deputy CEO & Director | 2.08yrs | UK£181.49k | 0.23% £717.2k | |
| Compliance Director | 4.5yrs | no data | no data | |
| Head of Marketing | 4.75yrs | no data | no data | |
| Chief Commercial Officer | no data | no data | no data |
4.6yrs
Average Tenure
51yo
Average Age
Experienced Management: MAB1's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | UK£498.83k | 26.89% £85.0m | |
| CFO, Secretary & Executive Director | 5.17yrs | UK£291.55k | 0.034% £108.2k | |
| Deputy CEO & Director | 2.08yrs | UK£181.49k | 0.23% £717.2k | |
| Non-Executive Chairman | 5.75yrs | UK£74.00k | 0.025% £80.3k | |
| Non-Executive Director | no data | UK£295.56k | 2.93% £9.3m | |
| Senior Independent Non-Executive Director | no data | UK£38.30k | 0.065% £204.4k | |
| Independent Non-Executive Director | 2.5yrs | UK£31.06k | no data |
3.8yrs
Average Tenure
57yo
Average Age
Experienced Board: MAB1's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MAB1 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Mortgage Advice Bureau (Holdings) plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mortgage Advice Bureau (Holdings) plc
- Ticker: MAB1
- Exchange: AIM
- Founded: 2000
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: UK£316.027m
- Shares outstanding: 52.06m
- Website: https://www.mortgageadvicebureau.com
Number of Employees
Location
- Mortgage Advice Bureau (Holdings) plc
- Capital House
- Pride Place
- Derby
- Derbyshire
- DE24 8QR
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MAB1 | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Nov 2014 |
Biography
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 face to face and telephone 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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/05 20:51 |
| End of Day Share Price | 2020/07/03 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.