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MS INTERNATIONAL

AIM:MSI
Snowflake Description

Flawless balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MSI
AIM
£31M
Market Cap
  1. Home
  2. GB
  3. Capital Goods
Company description

MS INTERNATIONAL plc designs, manufactures, sells, and services engineering products in Europe, North America, and internationally. The last earnings update was 110 days ago. More info.


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MSI Share Price and Events
Price Volatility
MSI
Industry
5yr Volatility vs Market

Value

 Is MS INTERNATIONAL 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 MS INTERNATIONAL 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 MS INTERNATIONAL.

AIM:MSI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.4%

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:MSI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.4%
Equity Risk Premium S&P Global 8.6%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.34
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.345 (1 + (1- 19%) (0%))
0.345
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.4% + (0.8 * 8.6%)
8.28%

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

The calculations below outline how an intrinsic value for MS INTERNATIONAL is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

AIM:MSI DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (GBP, Millions) 1.51 1.61 1.71 1.82 1.94
Source Est @ 6.36% Est @ 6.36% Est @ 6.36% Est @ 6.36% Est @ 6.36%
Present Value
Discounted (@ 8.28%)
1.40 1.37 1.35 1.33 1.30
Present value of next 5 years cash flows £6.75
AIM:MSI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= £1.94 × (1 + 1.4%) ÷ (8.28% – 1.4%)
£28.55
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= £28.55 ÷ (1 + 8.28%)5
£19.18
AIM:MSI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= £6.75 + £19.18
£25.93
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £25.93 / 16.50
£1.57
AIM:MSI Discount to Share Price
Calculation Result
Value per share (GBP) From above. £1.57
Current discount Discount to share price of £1.85
= -1 x (£1.85 - £1.57) / £1.57
-17.8%

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

  • The current share price of MS INTERNATIONAL 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 MS INTERNATIONAL's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MS INTERNATIONAL's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:MSI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-04-28) in GBP £0.21
AIM:MSI Share Price ** AIM (2018-10-12) in GBP £1.85
United Kingdom of Great Britain and Northern Ireland Aerospace & Defense Industry PE Ratio Median Figure of 10 Publicly-Listed Aerospace & Defense Companies 14.96x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 813 Publicly-Listed Companies 16.32x

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

** Primary Listing of MS INTERNATIONAL.

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

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

= 1.85 ÷ 0.21

9.02x

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

  • MS INTERNATIONAL is good value based on earnings compared to the GB Aerospace & Defense industry average.
  • MS INTERNATIONAL is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does MS INTERNATIONAL's expected growth come at a high price?
Raw Data
AIM:MSI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.02x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
9.4%per year
United Kingdom of Great Britain and Northern Ireland Aerospace & Defense Industry PEG Ratio Median Figure of 9 Publicly-Listed Aerospace & Defense Companies 1.1x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 577 Publicly-Listed Companies 1.35x

*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 MS INTERNATIONAL, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on MS INTERNATIONAL's assets?
Raw Data
AIM:MSI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-04-28) in GBP £2.02
AIM:MSI Share Price * AIM (2018-10-12) in GBP £1.85
United Kingdom of Great Britain and Northern Ireland Aerospace & Defense Industry PB Ratio Median Figure of 13 Publicly-Listed Aerospace & Defense Companies 2.15x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,336 Publicly-Listed Companies 1.63x
AIM:MSI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1.85 ÷ 2.02

0.91x

* Primary Listing of MS INTERNATIONAL.

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

  • MS INTERNATIONAL is good value based on assets compared to the GB Aerospace & Defense industry average.
X
Value checks
We assess MS INTERNATIONAL'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 Aerospace & Defense 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 Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. MS INTERNATIONAL 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 MS INTERNATIONAL expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover MS INTERNATIONAL, future earnings growth has been estimated based on fundamentals.
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
9.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MS INTERNATIONAL expected to grow at an attractive rate?
  • MS INTERNATIONAL's earnings growth is expected to exceed the low risk savings rate of 1.4%.
Growth vs Market Checks
  • MS INTERNATIONAL's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Unable to compare MS INTERNATIONAL's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:MSI Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:MSI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 9.4%
United Kingdom of Great Britain and Northern Ireland Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 12.7%
United Kingdom of Great Britain and Northern Ireland Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11.2%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.2%

*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:MSI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:MSI Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-04-28 68 3 3
2018-01-28 66 6 3
2017-10-28 63 8 2
2017-07-28 59 8 2
2017-04-29 54 8 1
2017-01-29 52 6 2
2016-10-29 50 3 2
2016-07-29 50 3 2
2016-04-30 49 2 2
2016-01-31 49 3 2
2015-10-31 48 4 2
2015-07-31 47 5 2
2015-05-02 46 5 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • MS INTERNATIONAL's earnings are expected to grow by 9.4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if MS INTERNATIONAL is high growth as no revenue estimate data is available.
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:MSI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from MS INTERNATIONAL Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MSI Past Financials Data
Date (Data in GBP Millions) EPS *
2018-04-28 0.21
2018-01-28 0.17
2017-10-28 0.14
2017-07-28 0.11
2017-04-29 0.09
2017-01-29 0.10
2016-10-29 0.11
2016-07-29 0.10
2016-04-30 0.10
2016-01-31 0.10
2015-10-31 0.10
2015-07-31 0.09
2015-05-02 0.08

*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.
  • Unable to establish if MS INTERNATIONAL will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess MS INTERNATIONAL'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.
MS INTERNATIONAL has a total score of 1/6, 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 MS INTERNATIONAL 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 MS INTERNATIONAL's growth in the last year to its industry (Aerospace & Defense).
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.
  • MS INTERNATIONAL's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • MS INTERNATIONAL's 1-year earnings growth exceeds its 5-year average (125.8% vs -9.7%)
  • MS INTERNATIONAL's earnings growth has exceeded the GB Aerospace & Defense industry average in the past year (125.8% vs 15.8%).
Earnings and Revenue History
MS INTERNATIONAL'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 MS INTERNATIONAL Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MSI Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-04-28 68.09 3.39 14.11
2018-01-28 65.77 2.81 14.08
2017-10-28 63.46 2.24 14.05
2017-07-28 58.64 1.87 13.74
2017-04-29 53.82 1.50 13.42
2017-01-29 52.06 1.62 12.81
2016-10-29 50.30 1.74 12.19
2016-07-29 49.79 1.66 11.71
2016-04-30 49.28 1.58 11.23
2016-01-31 48.51 1.62 10.59
2015-10-31 47.75 1.65 9.95
2015-07-31 46.63 1.50 9.59
2015-05-02 45.50 1.35 9.24
2015-02-02 45.51 1.30 9.53
2014-11-01 45.52 1.24 9.82
2014-08-01 46.33 1.91 9.87
2014-05-03 47.13 2.57 9.92
2014-02-03 49.34 3.12 10.17
2013-11-02 51.56 3.66 10.43
2013-08-02 53.03 3.87 10.51
2013-04-27 54.49 4.08 10.59
2013-01-27 54.43 4.61 10.56
2012-10-27 54.36 5.14 10.53
2012-07-27 55.16 5.72 10.49
2012-04-28 55.95 6.31 10.46
2012-01-28 56.34 5.89 10.30
2011-10-29 56.73 5.47 10.14

*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.
  • MS INTERNATIONAL has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • MS INTERNATIONAL used its assets less efficiently than the GB Aerospace & Defense industry average last year based on Return on Assets.
  • MS INTERNATIONAL has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess MS INTERNATIONAL'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 Aerospace & Defense 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.
MS INTERNATIONAL has a total score of 3/6, 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 MS INTERNATIONAL'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 MS INTERNATIONAL's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MS INTERNATIONAL is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • MS INTERNATIONAL's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of MS INTERNATIONAL'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.
  • High level of physical assets or inventory.
  • MS INTERNATIONAL has no debt, it does not need to be covered by short term assets.
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 MS INTERNATIONAL Company Filings, last reported 5 months ago.

AIM:MSI Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-04-28 33.40 0.00 15.87
2018-01-28 33.40 0.00 15.87
2017-10-28 30.52 0.00 14.54
2017-07-28 30.52 0.00 14.54
2017-04-29 29.04 0.00 15.21
2017-01-29 29.04 0.00 15.21
2016-10-29 28.16 0.00 9.76
2016-07-29 28.16 0.00 9.76
2016-04-30 28.06 0.00 12.76
2016-01-31 28.06 0.00 12.76
2015-10-31 28.06 0.00 11.45
2015-07-31 28.06 0.00 11.45
2015-05-02 28.30 0.00 17.15
2015-02-02 28.30 0.00 17.15
2014-11-01 26.98 0.00 12.49
2014-08-01 26.98 0.00 12.49
2014-05-03 29.14 0.00 14.29
2014-02-03 29.14 0.00 14.29
2013-11-02 30.15 0.00 14.12
2013-08-02 30.15 0.00 14.12
2013-04-27 29.05 0.00 13.45
2013-01-27 29.05 0.00 13.45
2012-10-27 26.69 0.00 10.77
2012-07-27 26.69 0.00 10.77
2012-04-28 28.41 0.00 10.04
2012-01-28 28.41 0.00 10.04
2011-10-29 26.27 0.00 7.81
  • MS INTERNATIONAL has no debt.
  • MS INTERNATIONAL has not taken on any debt in the past 5 years.
  • MS INTERNATIONAL has no debt, it does not need to be covered by operating cash flow.
  • MS INTERNATIONAL has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess MS INTERNATIONAL'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. MS INTERNATIONAL has a total score of 6/6, 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 MS INTERNATIONAL'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
4.46%
Current annual income from MS INTERNATIONAL dividends.
If you bought £2,000 of MS INTERNATIONAL shares you are expected to receive £89 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?
  • MS INTERNATIONAL's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.92%).
  • MS INTERNATIONAL's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.19%).
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:MSI 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 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.6%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 700 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 1.9%
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:MSI Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-06-29 0.083 3.938
2017-06-27 0.080 4.094
2017-06-07 0.080 4.748
2016-06-28 0.080 4.933
2016-06-10 0.080 4.591
2015-06-26 0.080 4.212
2015-06-18 0.080 4.350
2014-06-04 0.080 4.993
2014-06-03 0.080 3.837
2013-06-04 0.080 4.184
2012-06-13 0.080 3.336
2011-06-09 0.065 2.378
2010-06-15 0.045 3.000
2009-06-17 0.045 3.796
2008-11-27 0.045 4.930
2008-10-15 0.045 3.505

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of MS INTERNATIONAL's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess MS INTERNATIONAL'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 MS INTERNATIONAL afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MS INTERNATIONAL has a total score of 4/6, 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 MS INTERNATIONAL'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.
  • MS INTERNATIONAL has no CEO, or we have no data on them.
Management Team

Michael Bell

TITLE
Executive Chairman
COMPENSATION
£461K

Michael O'Connell

TITLE
Group Finance Director
COMPENSATION
£270K
AGE
68

Nicholas Bell

TITLE
Executive Director
COMPENSATION
£254K

David Kirkup

TITLE
Company Secretary
TENURE
5.5 yrs
Board of Directors

Michael Bell

TITLE
Executive Chairman
COMPENSATION
£461K

Nicholas Bell

TITLE
Executive Director
COMPENSATION
£254K
TENURE
5.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Value (USD)
26. Mar 18 Buy Michael O'Connell Individual 23. Mar 18 23. Mar 18 15,381 $41,354.39
X
Management checks
We assess MS INTERNATIONAL'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. MS INTERNATIONAL 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

External News
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Simply Wall St News

Is MS INTERNATIONAL plc's (LON:MSI) Balance Sheet Strong Enough To Weather A Storm?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is financial flexibility worth the lower cost of capital. … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt

Simply Wall St -

Is MS INTERNATIONAL plc (LON:MSI) A Smart Pick For Income Investors?

Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. … Historically, MS INTERNATIONAL plc (LON:MSI) has paid dividends to shareholders, and these days it yields 3.9%. … Let's take a look at MS INTERNATIONAL in more detail.

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MS INTERNATIONAL plc (LON:MSI): What Are Investors Earning On Their Capital?

and want a simplistic look at the return on MS INTERNATIONAL plc (LON:MSI) stock. … Thus, to understand how your money can grow by investing in MS INTERNATIONAL, 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) … What is Return on Capital Employed (ROCE)?

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Should You Be Concerned About MS INTERNATIONAL plc's (LON:MSI) Earnings Growth?

Examining how MS INTERNATIONAL plc (LON:MSI) is performing as a company requires looking at more than just a years' earnings. … Below, I will run you through a simple sense check to build perspective on how MS INTERNATIONAL is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its aerospace & defense industry peers. … Did MSI beat its long-term earnings growth trend and its industry.

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What You Must Know About MS INTERNATIONAL plc's (LON:MSI) Return on Equity

and want to better understand how you can grow your money by investing in MS INTERNATIONAL plc (LON:MSI). … With an ROE of 10.14%, MS INTERNATIONAL plc (LON:MSI) returned in-line to its own industry which delivered 11.34% over the past year. … Metrics such as financial leverage can impact the level of ROE which in turn can affect the sustainability of MSI's returns

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Only 9 Days Left To Cash In On MS INTERNATIONAL plc (LON:MSI) Dividend, Is It Worth Buying?

Investors who want to cash in on MS INTERNATIONAL plc's (LON:MSI) upcoming dividend of £0.065 per share have only 9 days left to buy the shares before its ex-dividend date, 21 June 2018, in time for dividends payable on the 24 July 2018. … 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 MS INTERNATIONAL's most recent financial data to examine its dividend characteristics in more detail.

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Does MS INTERNATIONAL plc (LON:MSI) Have A Place In Your Portfolio?

Check out our latest analysis for MS INTERNATIONAL 5 checks you should do on a dividend stock When researching a dividend stock, I always follow the following screening criteria: Is it paying an annual yield above 75% of dividend payers? … Based on future earnings growth, will it be able to continue to payout dividend at the current rate? … Furthermore, analysts have not forecasted a dividends per share for the future, which makes it hard to determine the yield shareholders should expect, and whether the current payout is sustainable, moving forward.

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May Best Undervalued Industrials Stocks

MS INTERNATIONAL and Billington Holdings are industrial stocks on my list that are potentially undervalued, which means their current share prices are trading well-below what the companies are actually worth. … AIM:BILN PE PEG Gauge May 19th 18 Morgan Sindall Group plc (LSE:MGNS) Morgan Sindall Group plc operates as a construction and regeneration company in United Kingdom. … Founded in 1953, and run by CEO John Morgan, the company employs 6,400 people and with the company's market capitalisation at GBP £644.11M, we can put it in the small-cap group.

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Financially Strong And High Value Stocks

Investors can profit from the difference by investing in these stocks as the current market prices should eventually move towards their true values. … If capital gains are what you’re after in your next investment, I’ve put together a list of undervalued stocks you may be interested in, based on the latest financial data from each company. … Independent Investment Trust was founded in 2000 and with the market cap of GBP £423.24M, it falls under the small-cap stocks category.

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Best-In-Class AIM Dividend Stocks

MS INTERNATIONAL, Highcroft Investments, and Harvey Nash Group are three of the best paying dividend stocks for creating diversified portfolio income. … AIM:MSI Historical Dividend Yield May 15th 18 Highcroft Investments Plc (LSE:HCFT) Highcroft Investments PLC is a Real Estate Investment Trust (REIT) holding property and equity investments. … LSE:HCFT Historical Dividend Yield May 15th 18 Harvey Nash Group plc (AIM:HVN) Harvey Nash Group plc, together with its subsidiaries, provides recruitment and outsourcing solutions primarily in the United Kingdom and Northern Europe.

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Company Info

Map
Description

MS INTERNATIONAL plc designs, manufactures, sells, and services 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 forecourt. 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.

Details
Name: MS INTERNATIONAL plc
MSI
Exchange: AIM
Founded: 1960
£30,533,678
16,504,691
Website: http://www.msiplc.com
Address: MS INTERNATIONAL plc
Balby Carr Bank,
Doncaster,
South Yorkshire, DN4 8DH,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM MSI Ordinary Shares London Stock Exchange AIM Market GB GBP 02. Jan 1980
Number of employees
Current staff
Staff numbers
431
MS INTERNATIONAL employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/10/14 18:14
End of day share price update: 2018/10/12 00:00
Last earnings filing: 2018/06/26
Last earnings reported: 2018/04/28
Last annual earnings reported: 2018/04/28


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.