Morgan Sindall Group
Market Cap
UK£504.3m
Last Updated
2019/07/22 20:36 UTC
Data Sources
Company Financials +
Executive Summary
Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom.
Snowflake
Fundamentals
Flawless balance sheet, good value and pays a dividend.
Similar Companies
Share Price & News
How has Morgan Sindall Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.5%
LSE:MGNS
-0.6%
GB Construction
-0.02%
GB Market
1 Year Return
-16.6%
LSE:MGNS
-40.0%
GB Construction
-1.7%
GB Market
MGNS outperformed the Construction industry which returned -40.1% over the past year.
MGNS underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -2% over the past year.
Share holder returns
| MGNS | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | -0.6% | -0.02% |
| 30 Day | -11.6% | -11.1% | 1.4% |
| 90 Day | -14.7% | -17.7% | -0.4% |
| 1 Year | -13.1%-16.6% | -37.1%-40.0% | 2.8%-1.7% |
| 3 Year | 119.3%95.8% | -22.0%-32.5% | 27.3%11.3% |
| 5 Year | 71.6%42.7% | -28.8%-46.7% | 34.4%6.7% |
Price Volatility Vs. Market
How volatile is Morgan Sindall Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Morgan Sindall Group (LON:MGNS) Has A Pretty Healthy Balance Sheet2 weeks ago | Simply Wall St
What Do Analysts Think About The Future Of Morgan Sindall Group plc's (LON:MGNS)?1 month ago | Simply Wall St
I Ran A Stock Scan For Earnings Growth And Morgan Sindall Group (LON:MGNS) Passed With EaseValuation
Is Morgan Sindall Group undervalued based on future cash flows and its price relative to the stock market?
>50%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Morgan Sindall Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
Morgan Sindall Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Morgan Sindall Group is good value based on earnings compared to the GB Construction industry average.
Morgan Sindall Group is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price Based on Expected Growth
Morgan Sindall Group is poor value based on expected growth next year.
Price Based on Value of Assets
Morgan Sindall Group is overvalued based on assets compared to the GB Construction industry average.
Next Steps
Future Growth
How is Morgan Sindall Group expected to perform in the next 1 to 3 years based on estimates from 5 analysts?
4.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Morgan Sindall Group's revenue is expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).
Morgan Sindall Group's earnings are expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).
Morgan Sindall Group's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Morgan Sindall Group's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Morgan Sindall Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Earnings per Share Growth Estimates
Future Return on Equity
Morgan Sindall Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Morgan Sindall Group performed over the past 5 years?
38.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Morgan Sindall Group has delivered over 20% year on year earnings growth in the past 5 years.
Morgan Sindall Group's 1-year earnings growth is less than its 5-year average (27.5% vs 38.9%)
Morgan Sindall Group's earnings growth has exceeded the GB Construction industry average in the past year (27.5% vs 3.6%).
Return on Equity
Morgan Sindall Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Morgan Sindall Group used its assets less efficiently than the GB Construction industry average last year based on Return on Assets.
Return on Capital Employed
Morgan Sindall Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
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Financial Health
How is Morgan Sindall Group's financial position?
Financial Position Analysis
Morgan Sindall Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Morgan Sindall Group's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Morgan Sindall Group's level of debt (2.9%) 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 (11.1% vs 2.9% today).
Debt is well covered by operating cash flow (720.6%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 20.3x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 95.7x debt.
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Dividend
What is Morgan Sindall Group's current dividend yield, its reliability and sustainability?
5.15%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Morgan Sindall Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.95%).
Morgan Sindall Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.43%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2.8x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (2.6x coverage).
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Management
What is the CEO of Morgan Sindall Group's salary, the management and board of directors tenure and is there insider trading?
6.5yrs
Average management tenure
CEO
John Morgan (63yo)
6.7yrs
Tenure
UK£2,353,000
Compensation
Mr. John Christopher Morgan Founded Morgan Sindall Group plc and has been its Chief Executive Officer since November 6, 2012. Mr. Morgan served as the Chief Executive Officer of Morgan Sindall Plc from 199 ...
CEO Compensation Analysis
John's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
John's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
6.5yrs
Average Tenure
The average tenure for the Morgan Sindall Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
3.2yrs
Average Tenure
58.5yo
Average Age
The tenure for the Morgan Sindall Group board of directors is about average.
Insider Trading
No 3 month individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Role | Finance Director & Director Member of the Board of Directors |
| Shares | 38,172 |
| Max Price | UK£13.20 |
| Entity | Individual |
| Role | Founder Member of the Board of Directors |
| Shares | 47,872 |
| Max Price | UK£13.20 |
| Entity | Individual |
| Role | Member of the Board of Directors |
| Shares | 611 |
| Max Price | UK£12.92 |
Ownership Breakdown
Management Team
Matt Crompton
Managing Director of Urban Regeneration
Camilla Aitchison
Director of People
Steve Crummett (54yo)
Finance Director & Director
- Tenure: 6.4yrs
- Compensation: £1.87m
Pat Boyle
Managing Director of Construction & Infrastructure’s construction Business
- Tenure: 5.5yrs
Chris Booth
Managing Director of Fit Out
- Tenure: 6.5yrs
Martin Lubieniecki
Managing Director of BakerHicks (design)
John Morgan (63yo)
Founder
- Tenure: 6.7yrs
- Compensation: £2.35m
Les Turner
Head of Supply Chain Utility Services - Construction and Infrastructure Division
Helen Mason
General Counsel
Catherine Beaumont
Communications Manager
Board Members
Steve Crummett (54yo)
Finance Director & Director
- Tenure: 6.4yrs
- Compensation: £1.87m
Michael Findlay (51yo)
Chairman
- Tenure: 2.8yrs
- Compensation: £170.00k
David Lowden (62yo)
Senior Independent Director
- Tenure: 0.5yrs
- Compensation: £16.00k
John Morgan (63yo)
Founder
- Tenure: 24.8yrs
- Compensation: £2.35m
Malcolm Cooper (60yo)
Non-Executive Director
- Tenure: 3.7yrs
- Compensation: £58.00k
Tracey Killen (57yo)
Non-Executive Director
- Tenure: 2.2yrs
- Compensation: £46.00k
Company Information
Morgan Sindall Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Morgan Sindall Group plc
- Ticker: MGNS
- Exchange: LSE
- Founded: 1953
- Industry: construction and engineering
- Sector: capital goods
- Market Cap: UK£504.280m
- Shares outstanding: 44.71m
- Website: Click here
Number of Employees
Location
- Morgan Sindall Group plc
- Kent House
- 14-17 Market Place
- London
- Greater London
- W1W 8AJ
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MGNS | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| MGNSL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
Biography
Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. The company operates in six divisions: Construction & Infrastructure, Fit Out, Property Services, Partner ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/07/22 20:36 |
| End of Day Share Price | 2019/07/22 00:00 |
| Earnings | 2018/12/31 |
| Annual Earnings | 2018/12/31 |
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.