AIM:MSI

Stock Analysis Report

Executive Summary

MS INTERNATIONAL plc, together with its subsidiaries, designs, manufactures, sells, and services specialist engineering products in Europe, North America, and internationally.


Snowflake Analysis

Flawless balance sheet average dividend payer.

Share Price & News

How has MS INTERNATIONAL's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MSI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.1%

MSI

1.7%

GB Aerospace & Defense

0.3%

GB Market


1 Year Return

-26.4%

MSI

36.2%

GB Aerospace & Defense

6.5%

GB Market

Return vs Industry: MSI underperformed the UK Aerospace & Defense industry which returned 36.2% over the past year.

Return vs Market: MSI underperformed the UK Market which returned 6.5% over the past year.


Shareholder returns

MSIIndustryMarket
7 Day-4.1%1.7%0.3%
30 Day-14.3%1.0%-1.4%
90 Day-10.0%10.1%2.9%
1 Year-23.3%-26.4%40.9%36.2%12.0%6.5%
3 Year4.9%-7.4%31.3%17.6%18.7%3.8%
5 Year43.2%15.7%33.4%6.2%35.0%4.1%

Price Volatility Vs. Market

How volatile is MS INTERNATIONAL's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is MS INTERNATIONAL undervalued compared to its fair value and its price relative to the market?

17.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MSI (£1.62) is trading below our estimate of fair value (£1.97)

Significantly Below Fair Value: MSI is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: MSI is good value based on its PE Ratio (30.2x) compared to the Aerospace & Defense industry average (32x).

PE vs Market: MSI is poor value based on its PE Ratio (30.2x) compared to the UK market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MSI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MSI is good value based on its PB Ratio (0.8x) compared to the GB Aerospace & Defense industry average (2.6x).


Next Steps

Future Growth

How is MS INTERNATIONAL forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.8%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MS INTERNATIONAL has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has MS INTERNATIONAL performed over the past 5 years?

20.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MSI has a large one-off loss of £1.3M impacting its October 31 2019 financial results.

Growing Profit Margin: MSI's current net profit margins (1.2%) are lower than last year (6.4%).


Past Earnings Growth Analysis

Earnings Trend: MSI's earnings have grown significantly by 20% per year over the past 5 years.

Accelerating Growth: MSI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MSI had negative earnings growth (-80.7%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (-13.2%).


Return on Equity

High ROE: MSI's Return on Equity (2.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is MS INTERNATIONAL's financial position?


Financial Position Analysis

Short Term Liabilities: MSI's short term assets (£45.1M) exceed its short term liabilities (£28.8M).

Long Term Liabilities: MSI's short term assets (£45.1M) exceed its long term liabilities (£9.8M).


Debt to Equity History and Analysis

Debt Level: MSI is debt free.

Reducing Debt: MSI has not had any debt for past 5 years.

Debt Coverage: MSI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MSI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: MSI has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if MSI's debt is covered by short term assets.


Next Steps

Dividend

What is MS INTERNATIONAL's current dividend yield, its reliability and sustainability?

5.09%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MSI's dividend (5.09%) is higher than the bottom 25% of dividend payers in the UK market (1.8%).

High Dividend: MSI's dividend (5.09%) is in the top 25% of dividend payers in the UK market (5.07%)


Stability and Growth of Payments

Stable Dividend: MSI's dividends per share have been stable in the past 10 years.

Growing Dividend: MSI's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (153.9%), MSI's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

MS INTERNATIONAL has no CEO, or we have no data on them.


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

MS INTERNATIONAL plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MS INTERNATIONAL plc
  • Ticker: MSI
  • Exchange: AIM
  • Founded: 1960
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: UK£26.738m
  • Shares outstanding: 16.50m
  • Website: https://www.msiplc.com

Number of Employees


Location

  • MS INTERNATIONAL plc
  • Balby Carr Bank
  • Doncaster
  • South Yorkshire
  • DN4 8DH
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MSIAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJan 1980

Biography

MS INTERNATIONAL plc, together with its subsidiaries, designs, manufactures, sells, and services specialist engineering products in Europe, North America, and internationally. It operates through Defence, Forgings, Petrol Station Superstructures, and Petrol Station Branding divisions. The company offers defense equipment and open die forgings. It also engages in the design, manufacture, construction, branding, maintenance, and restyling of petrol station superstructures and forecourts. In addition, the company provides fork-arms for the fork lift truck, construction, agricultural, and quarrying equipment industries. MS INTERNATIONAL plc was incorporated in 1960 and is based in Doncaster, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 20:57
End of Day Share Price2020/02/21 00:00
Earnings2019/10/31
Annual Earnings2019/04/27


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.