Loading...

Mpac Group

AIM:MPAC
Snowflake Description

Adequate balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MPAC
AIM
£33M
Market Cap
  1. Home
  2. GB
  3. Capital Goods
Company description

Mpac Group plc provides packaging solutions and related support services and systems primarily to the pharmaceutical, healthcare, food and beverage, and nicotine delivery sectors worldwide. The last earnings update was 46 days ago. More info.


Add to Portfolio Compare Print
MPAC Share Price and Events
7 Day Returns
-2.9%
AIM:MPAC
1%
GB Machinery
1.3%
GB Market
1 Year Returns
-22.5%
AIM:MPAC
-9.2%
GB Machinery
-5%
GB Market
MPAC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mpac Group (MPAC) -2.9% 23.2% 25.9% -22.5% 181.5% -6.7%
GB Machinery 1% -2.9% 8.1% -9.2% 45.8% 4.9%
GB Market 1.3% -1.6% 1.9% -5% 15.8% 2.5%
1 Year Return vs Industry and Market
  • MPAC underperformed the Machinery industry which returned -9.2% over the past year.
  • MPAC underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5% over the past year.
Price Volatility
MPAC
Industry
5yr Volatility vs Market

Value

 Is Mpac Group 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 Mpac Group 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 Mpac Group.

AIM:MPAC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.2%
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:MPAC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.052 (1 + (1- 19%) (2.71%))
1.05
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.05 * 6.65%)
8.21%

Discounted Cash Flow Calculation for AIM:MPAC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Mpac Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

AIM:MPAC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 8.21%)
2019 2.70 Analyst x1 2.50
2020 5.40 Analyst x1 4.61
2021 6.40 Analyst x1 5.05
2022 7.18 Est @ 12.24% 5.24
2023 7.83 Est @ 8.94% 5.27
2024 8.34 Est @ 6.62% 5.20
2025 8.76 Est @ 5% 5.04
2026 9.10 Est @ 3.87% 4.84
2027 9.38 Est @ 3.08% 4.61
2028 9.62 Est @ 2.52% 4.37
Present value of next 10 years cash flows £46.73
AIM:MPAC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £9.62 × (1 + 1.23%) ÷ (8.21% – 1.23%)
£139.42
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £139.42 ÷ (1 + 8.21%)10
£63.34
AIM:MPAC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £46.73 + £63.34
£110.07
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £110.07 / 19.82
£5.55
AIM:MPAC Discount to Share Price
Calculation Result
Value per share (GBP) From above. £5.55
Current discount Discount to share price of £1.68
= -1 x (£1.68 - £5.55) / £5.55
69.8%

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

Current Discount
Amount off the current price Mpac Group is available for.
Intrinsic value
>50%
Share price is £1.68 vs Future cash flow value of £5.55
Current Discount Checks
For Mpac Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Mpac Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Mpac Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Mpac Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mpac Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:MPAC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £-0.30
AIM:MPAC Share Price ** AIM (2019-05-17) in GBP £1.68
United Kingdom of Great Britain and Northern Ireland Machinery Industry PE Ratio Median Figure of 21 Publicly-Listed Machinery Companies 17.96x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 788 Publicly-Listed Companies 16.24x

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

** Primary Listing of Mpac Group.

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

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

= 1.68 ÷ -0.30

-5.56x

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

  • Mpac Group is loss making, we can't compare its value to the GB Machinery industry average.
  • Mpac Group is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Mpac Group's expected growth come at a high price?
Raw Data
AIM:MPAC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
71%per year
United Kingdom of Great Britain and Northern Ireland Machinery Industry PEG Ratio Median Figure of 14 Publicly-Listed Machinery Companies 2.72x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 574 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Mpac Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mpac Group's assets?
Raw Data
AIM:MPAC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £2.05
AIM:MPAC Share Price * AIM (2019-05-17) in GBP £1.68
United Kingdom of Great Britain and Northern Ireland Machinery Industry PB Ratio Median Figure of 25 Publicly-Listed Machinery Companies 2.11x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,368 Publicly-Listed Companies 1.51x
AIM:MPAC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1.68 ÷ 2.05

0.82x

* Primary Listing of Mpac Group.

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

  • Mpac Group is good value based on assets compared to the GB Machinery industry average.
X
Value checks
We assess Mpac Group'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 Machinery 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 Machinery industry average (and greater than 0)? (1 check)
  5. Mpac Group has a total score of 3/6, 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.

Future Performance

 How is Mpac Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
71%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mpac Group expected to grow at an attractive rate?
  • Mpac Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Mpac Group's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Mpac Group'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:MPAC Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:MPAC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 71%
AIM:MPAC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 12.1%
United Kingdom of Great Britain and Northern Ireland Machinery Industry Earnings Growth Rate Market Cap Weighted Average 10.2%
United Kingdom of Great Britain and Northern Ireland Machinery Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.8%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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:MPAC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:MPAC Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 114 1
2022-12-31 105 1
2021-12-31 100 9 7 2
2020-12-31 93 8 6 2
2019-12-31 78 5 4 2
AIM:MPAC Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 58 -1 -6
2018-09-30 57 -3 -2
2018-06-30 56 -5 1
2018-03-31 55 -3 2
2017-12-31 53 -2 2
2017-09-30 51 1 1
2017-06-30 49 5 -1
2017-03-31 45 6 -2
2016-12-31 42 6 -2
2016-09-30 54 5 -1
2016-06-30 66 3 0
2016-03-31 76 3 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mpac Group's earnings are expected to grow significantly at over 20% yearly.
  • Mpac Group's revenue is expected to grow by 12.1% 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:MPAC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Mpac Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MPAC Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.34 0.34 0.34 1.00
2020-12-31 0.29 0.29 0.29 1.00
2019-12-31 0.20 0.20 0.20 1.00
AIM:MPAC Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 -0.30
2018-09-30 -0.12
2018-06-30 0.06
2018-03-31 0.09
2017-12-31 0.12
2017-09-30 0.03
2017-06-30 -0.06
2017-03-31 -0.09
2016-12-31 -0.12
2016-09-30 -0.05
2016-06-30 0.02
2016-03-31 0.05

*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.
  • Mpac Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Mpac Group'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.
Mpac Group 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.

Past Performance

  How has Mpac Group 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 Mpac Group's growth in the last year to its industry (Machinery).
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.
  • Mpac Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Mpac Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Mpac Group's 1-year growth to the GB Machinery industry average as it is not currently profitable.
Earnings and Revenue History
Mpac Group'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 Mpac Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MPAC 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 58.30 -6.00 20.20
2018-09-30 57.25 -2.40 16.45
2018-06-30 56.20 1.20 12.70
2018-03-31 54.80 1.80 13.15
2017-12-31 53.40 2.40 13.60
2017-09-30 51.05 0.65 13.75
2017-06-30 48.70 -1.10 13.90
2017-03-31 45.10 -1.75 13.30
2016-12-31 41.50 -2.40 12.70
2016-09-30 53.60 -1.05 14.20
2016-06-30 65.70 0.30 15.70
2016-03-31 76.35 1.00 17.90
2015-12-31 87.00 1.70 20.10
2015-09-30 87.50 2.25 20.60
2015-06-30 88.00 2.80 21.10
2015-03-31 87.70 3.05 21.40
2014-12-31 87.40 3.30 21.70
2014-09-30 91.85 3.50 22.45
2014-06-30 96.30 3.70 23.20
2014-03-31 100.75 3.60 23.50
2013-12-31 105.20 3.50 23.80
2013-09-30 103.05 3.90 23.70
2013-06-30 100.90 4.30 23.60
2013-03-31 96.95 4.05 23.10
2012-12-31 93.00 3.80 22.60
2012-09-30 92.00 4.35 20.80
2012-06-30 91.00 4.90 19.00

*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.
  • It is difficult to establish if Mpac Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Mpac Group has efficiently used its assets last year compared to the GB Machinery industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Mpac Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Mpac Group'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 Machinery 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.
Mpac Group has a total score of 0/6, 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.

Health

 How is Mpac Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mpac Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mpac Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mpac Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mpac Group'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 60.4x debt.
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 Mpac Group Company Filings, last reported 4 months ago.

AIM:MPAC Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 40.60 0.90 27.90
2018-09-30 40.60 0.90 27.90
2018-06-30 52.10 0.90 25.80
2018-03-31 52.10 0.90 25.80
2017-12-31 42.80 0.90 30.30
2017-09-30 42.80 0.90 30.30
2017-06-30 40.70 7.10 6.00
2017-03-31 40.70 7.10 6.00
2016-12-31 35.40 8.20 9.00
2016-09-30 35.40 8.20 9.00
2016-06-30 30.40 9.10 4.50
2016-03-31 30.40 9.10 4.50
2015-12-31 36.60 13.60 10.40
2015-09-30 36.60 13.60 10.40
2015-06-30 23.60 8.20 4.30
2015-03-31 23.60 8.20 4.30
2014-12-31 25.90 11.90 9.80
2014-09-30 25.90 11.90 9.80
2014-06-30 35.40 9.40 8.50
2014-03-31 35.40 9.40 8.50
2013-12-31 40.50 9.80 15.00
2013-09-30 40.50 9.80 15.00
2013-06-30 42.80 8.40 14.00
2013-03-31 42.80 8.40 14.00
2012-12-31 30.50 5.90 13.30
2012-09-30 30.50 5.90 13.30
2012-06-30 30.60 6.50 12.20
  • Mpac Group's level of debt (2.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (24.2% vs 2.2% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Mpac Group's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Mpac Group'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. Mpac Group has a total score of 4/6, 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.

Dividends

 What is Mpac Group'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
0%
Current annual income from Mpac Group dividends. Estimated to be 0% next year.
If you bought £2,000 of Mpac Group shares you are expected to receive £0 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?
  • Unable to evaluate Mpac Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Mpac Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:MPAC 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 2 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Machinery Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 2.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.3%
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:MPAC Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.00 1.00
2022-12-31 0.00 1.00
2021-12-31 0.00 2.00
2020-12-31 0.00 2.00
2019-12-31 0.00 2.00
AIM:MPAC Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-03-21 0.000 0.000
2018-03-06 0.000 0.000
2017-09-07 0.000 0.000
2017-03-22 0.000 0.000
2017-03-02 0.000 0.000
2016-08-24 0.025 4.405
2016-03-21 0.040 6.818
2016-02-25 0.040 6.354
2015-03-25 0.055 6.973
2015-02-25 0.055 6.772
2014-02-26 0.055 4.590
2013-02-27 0.055 3.227
2012-02-28 0.055 4.265
2011-08-25 0.050 5.288
2011-03-01 0.050 5.116
2010-08-27 0.050 8.262
2010-03-01 0.050 8.702
2010-02-26 0.050 8.299
2009-08-28 0.050 8.428

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

  • Unable to perform a dividend volatility check as Mpac Group has not reported any payouts.
  • Unable to verify if Mpac Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Mpac Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Mpac Group has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Mpac Group's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
X
Income/ dividend checks
We assess Mpac Group'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 Mpac Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mpac Group has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of Mpac Group'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
Tony Steels
COMPENSATION £430,000
TENURE AS CEO 2.9 years
CEO Bio

Dr. Antony Steels also known as Tony, has been Chief Executive Officer and Director of Mpac Group plc since June 6, 2016. Dr. Steels served as Managing Director of Process Materials at UMECO plc since May 2010. Dr. Steels was employed at GF AgieCharmilles. He has extensive experience in engineering, both in the UK and internationally and a proven track record in business development. He joined Mpac Group plc from Cytec, part of Solvay SA, the chemicals and advanced materials company listed on the Brussels and Paris stock exchanges. At Cytec, he was Global Business Director of its Process Materials Division, which he led for six years. During this time he was responsible for the Division's operations in USA, UK, France and Italy and initiated its expansion into China. He was Head of Asia for four years from 2006 at GF AgieCharmilles, the precision machinery supplier and part of Georg Fischer AG. Based in both the UK and China, he doubled production unit output and grew sales across the Asia region. From 2000 he was Managing Director of AgieCharmilles UK Ltd, where he led the successful turnaround of the business, driving a restructuring and growth programme. He served as a Managing Director of Agie Charmilles Ltd.

CEO Compensation
  • Tony's compensation has increased whilst company is loss making.
  • Tony's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Mpac Group management team in years:

0.9
Average Tenure
  • The average tenure for the Mpac Group management team is less than 2 years, this suggests a new team.
Management Team

Tony Steels

TITLE
CEO & Director
COMPENSATION
£430K
TENURE
2.9 yrs

Will Wilkins

TITLE
Group Finance Director & Director
AGE
44
TENURE
0.9 yrs

Mark Aldridge

TITLE
Managing Director of Molins Far East Pte Ltd

Duncan Tyler

TITLE
Secretary
TENURE
0.3 yrs

Dan Murthi

TITLE
Sales & Marketing Director
Board of Directors Tenure

Average tenure and age of the Mpac Group board of directors in years:

1.1
Average Tenure
58.5
Average Age
  • The average tenure for the Mpac Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Andrew Kitchingman

TITLE
Chairman of the Board
COMPENSATION
£45K
AGE
53
TENURE
1.1 yrs

Tony Steels

TITLE
CEO & Director
COMPENSATION
£430K
TENURE
2.9 yrs

Will Wilkins

TITLE
Group Finance Director & Director
AGE
44
TENURE
0.9 yrs

John Davies

TITLE
Non-Executive Director
COMPENSATION
£50K
AGE
69
TENURE
8.3 yrs

Doug Robertson

TITLE
Non-Executive Director
AGE
64
TENURE
0.5 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Mpac Group 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 (£)
03. May 19 Buy Andrew Kitchingman Individual 03. May 19 03. May 19 6,682 £1.49 £9,956
06. Sep 18 Buy Antony Steels Individual 06. Sep 18 06. Sep 18 18,650 £1.32 £24,618
X
Management checks
We assess Mpac Group'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. Mpac Group 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.

News

Simply Wall St News

Shareholders Are Thrilled That The Mpac Group Share Price Increased 105%

It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes to zero. … For instance the Mpac Group plc (LON:MPAC) share price is 105% higher than it was three years ago. … While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance.

Simply Wall St -

Should You Worry About Mpac Group plc's (LON:MPAC) CEO Salary Level?

Tony Steels has been the CEO of Mpac Group plc (LON:MPAC) since 2016. … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Tony Steels's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Mpac Group plc (LON:MPAC)'s Return on Capital

This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … To understand Mpac Group’s capital returns we will look at a useful metric called return on capital employed. … What is Return on Capital Employed (ROCE)?

Simply Wall St -

Is Mpac Group plc's (LON:MPAC) PE Ratio A Signal To Buy For Investors?

and want to better understand how you can grow your money by investing in Mpac Group plc (LON:MPAC). … Mpac Group plc (LON:MPAC) is currently trading at a trailing P/E of 16.7x, which is lower than the industry average of 20.8x. … While this makes MPAC appear like a great stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio

Simply Wall St -

What Is Mpac Group plc's (LON:MPAC) Share Price Doing?

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? … Today I will analyse the most recent data on Mpac Group’s outlook and valuation to see if the opportunity still exists? … See our latest analysis for Mpac Group

Simply Wall St -

How Financially Strong Is Mpac Group plc (LON:MPAC)?

How does MPAC’s operating cash flow stack up against its debt? … We can check to see whether MPAC is able to meet its debt obligations by looking at the net interest coverage ratio. … In MPAC's, case, the ratio of 2x suggests that interest is not strongly covered, which means that debtors may be less inclined to loan the company more money, reducing its headroom for growth through debt.Next Steps: MPAC’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

Why Mpac Group plc (LON:MPAC) Delivered An Inferior ROE Compared To The Industry

See our latest analysis for Mpac Group Breaking down ROE — the mother of all ratios Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Mpac Group’s equity capital deployed. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity AIM:MPAC Last Perf May 23rd 18 Essentially, profit margin shows how much money the company makes after paying for all its expenses.

Simply Wall St -

What Should You Know About Mpac Group plc's (LON:MPAC) Return On Capital?

Thus, to understand how your money can grow by investing in Mpac Group, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE). … Check out our latest analysis for Mpac Group What is Return on Capital Employed (ROCE)? … I have calculated Mpac Group’s ROCE for you below: ROCE Calculation for MPAC Return on Capital Employed (ROCE) = Earnings Before Tax (EBT) ÷ (Capital Employed) Capital Employed = (Total Assets - Current Liabilities) ∴ ROCE = UK£200.00K ÷ (UK£78.50M - UK£22.30M) = 0.36% MPAC’s 0.36% ROCE means that for every £100 you invest, the company creates £0.4.

Simply Wall St -

How Should You Think About Mpac Group plc's (LON:MPAC) Risks?

View our latest analysis for Mpac Group An interpretation of MPAC's beta Mpac Group's beta of 0.6 indicates that the stock value will be less variable compared to the whole stock market. … Based on this beta value, MPAC appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … MPAC, with its market capitalisation of UK£41.47M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

Simply Wall St -

Should You Be Concerned About Mpac Group plc's (LON:MPAC) Shareholders?

Check out our latest analysis for Mpac Group AIM:MPAC Ownership_summary Apr 19th 18 Institutional Ownership MPAC's 91.57% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

Simply Wall St -

Company Info

Description

Mpac Group plc provides packaging solutions and related support services and systems primarily to the pharmaceutical, healthcare, food and beverage, and nicotine delivery sectors worldwide. The company designs, manufactures, and engineers packaging solutions, automation and secondary packaging equipment, end-of-line robotics, and at-line instrumentation and testing solutions. Its products include cartoning equipment, case packing and palletising equipment, and infeed systems. The company also provides pre-owned and rental machines, as well as turnkey solutions, including design and integration of packaging systems. The company was formerly known as Molins plc and changed its name to Mpac Group plc in January 2018. Mpac Group plc was founded in 1874 and is based in Coventry, the United Kingdom.

Details
Name: Mpac Group plc
MPAC
Exchange: AIM
Founded: 1874
£33,206,077
19,824,524
Website: http://www.mpac-group.com
Address: Mpac Group plc
13 Westwood Way,
Westwood Business Park,
Coventry,
West Midlands, CV4 8HS,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM MPAC Ordinary Shares London Stock Exchange AIM Market GB GBP 02. Jan 1992
Number of employees
Current staff
Staff numbers
293
Mpac Group employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/19 20:52
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/05/01
Last earnings filing: 2019/04/03
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.