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MAB1

Mortgage Advice Bureau (Holdings)AIM:MAB1 Stock Report

Last Price

UK£14.30

Market Cap

UK£758.2m

7D

-0.3%

1Y

71.3%

Updated

17 Jan, 2022

Data

Company Financials +
MAB1 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance4/6
Financial Health1/6
Dividends2/6

MAB1 Stock Overview

Mortgage Advice Bureau (Holdings) PLC, together with its subsidiaries, provides mortgage advice services in the United Kingdom.

Mortgage Advice Bureau (Holdings) Competitors

Rightmove

LSE:RMV

UK£5.9b

Grainger

LSE:GRI

UK£2.2b

Countryside Properties

LSE:CSP

UK£1.8b

LSL Property Services

LSE:LSL

UK£418.1m

Price History & Performance

Summary of all time highs, changes and price drops for Mortgage Advice Bureau (Holdings)
Historical stock prices
Current Share PriceUK£14.30
52 Week HighUK£15.00
52 Week LowUK£8.22
Beta0.99
1 Month Change4.76%
3 Month Change6.72%
1 Year Change71.26%
3 Year Change137.15%
5 Year Change286.62%
Change since IPO780.00%

Recent News & Updates

Oct 15
Here's Why I Think Mortgage Advice Bureau (Holdings) (LON:MAB1) Is An Interesting Stock

Here's Why I Think Mortgage Advice Bureau (Holdings) (LON:MAB1) Is An Interesting Stock

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

MAB1GB MortgageGB Market
7D-0.3%1.5%-0.5%
1Y71.3%28.1%8.7%

Return vs Industry: MAB1 exceeded the UK Mortgage industry which returned 28.1% over the past year.

Return vs Market: MAB1 exceeded the UK Market which returned 8.7% over the past year.

Price Volatility

Is MAB1's price volatile compared to industry and market?
MAB1 volatility
MAB1 Average Weekly Movement5.1%
Mortgage Industry Average Movement2.8%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.4%

Stable Share Price: MAB1 is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MAB1's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000391Peter Christopher Brodnickihttps://www.mortgageadvicebureau.com

Mortgage Advice Bureau (Holdings) PLC, together with its subsidiaries, provides mortgage advice services in the United Kingdom. The company provides advice on approximately 12,000 residential and buy-to-let mortgage products through mortgage intermediaries. It also offers advice on protection and general insurance products.

Mortgage Advice Bureau (Holdings) Fundamentals Summary

How do Mortgage Advice Bureau (Holdings)'s earnings and revenue compare to its market cap?
MAB1 fundamental statistics
Market CapUK£758.17m
Earnings (TTM)UK£15.90m
Revenue (TTM)UK£177.04m

47.9x

P/E Ratio

21.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAB1 income statement (TTM)
RevenueUK£177.04m
Cost of RevenueUK£130.03m
Gross ProfitUK£47.02m
ExpensesUK£31.12m
EarningsUK£15.90m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin26.56%
Net Profit Margin8.98%
Debt/Equity Ratio0%

How did MAB1 perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

129%

Payout Ratio

Valuation

Is Mortgage Advice Bureau (Holdings) undervalued compared to its fair value and its price relative to the market?

47.86x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MAB1 (£14.25) is trading above our estimate of fair value (£5.88)

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 (47.7x) compared to the UK Mortgage industry average (9.1x).

PE vs Market: MAB1 is poor value based on its PE Ratio (47.7x) compared to the UK market (19.5x).


Price to Earnings Growth Ratio

PEG Ratio: MAB1 is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: MAB1 is overvalued based on its PB Ratio (21.4x) compared to the GB Mortgage industry average (1.2x).


Future Growth

How is Mortgage Advice Bureau (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

20.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAB1's forecast earnings growth (20.8% per year) is above the savings rate (0.9%).

Earnings vs Market: MAB1's earnings (20.8% per year) are forecast to grow faster than the UK market (12.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MAB1's revenue (17.6% per year) is forecast to grow faster than the UK market (4.8% per year).

High Growth Revenue: MAB1's revenue (17.6% 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 (55%).


Past Performance

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

4.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MAB1 has high quality earnings.

Growing Profit Margin: MAB1's current net profit margins (9%) are lower than last year (9.4%).


Past Earnings Growth Analysis

Earnings Trend: MAB1's earnings have grown by 4% per year over the past 5 years.

Accelerating Growth: MAB1's earnings growth over the past year (16.6%) exceeds its 5-year average (4% per year).

Earnings vs Industry: MAB1 earnings growth over the past year (16.6%) underperformed the Mortgage industry 16.6%.


Return on Equity

High ROE: MAB1's Return on Equity (43.9%) is considered outstanding.


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 (2.1x) 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.


Dividend

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

2.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MAB1's dividend (2.29%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: MAB1's dividend (2.29%) is low compared to the top 25% of dividend payers in the UK market (4.05%).


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 7 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (129.5%), MAB1's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MAB1's dividends in 3 years are forecast to be covered by earnings (76.4% payout ratio).


Next Steps

Management

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

6.3yrs

Average management tenure


CEO

Peter Christopher Brodnicki (58 yo)

22yrs

Tenure

UK£758,000

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 ($USD1.04M) is about average for companies of similar size in the UK market ($USD1.07M).

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


Leadership Team

Experienced Management: MAB1's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: MAB1's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MAB1 insiders have sold more shares than they have bought 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 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
  • Implied Market Cap: UK£758.166m
  • Shares outstanding: 53.20m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 18:55
End of Day Share Price2022/01/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.