AIM:MAI

Stock Analysis Report

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Executive Summary

Maintel Holdings Plc, together with its subsidiaries, provides managed communications services for the private and public sectors in the United Kingdom and Ireland. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has Maintel Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

MAI

-2.2%

GB Commercial Services

-1.9%

GB Market


1 Year Return

-48.6%

MAI

-12.2%

GB Commercial Services

-16.2%

GB Market

Return vs Industry: MAI underperformed the UK Commercial Services industry which returned -10.7% over the past year.

Return vs Market: MAI underperformed the UK Market which returned -14.8% over the past year.


Shareholder returns

MAIIndustryMarket
7 Day0%-2.2%-1.9%
30 Day0%1.2%0.7%
90 Day7.8%-4.6%-4.8%
1 Year-48.6%-48.6%-8.8%-12.2%-13.0%-16.2%
3 Year-68.4%-71.9%-11.1%-20.4%-9.4%-20.6%
5 Year-66.2%-72.1%21.8%-1.6%13.5%-12.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Maintel Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MAI (£2.21) is trading below our estimate of fair value (£5.72)

Significantly Below Fair Value: MAI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MAI is poor value based on its PE Ratio (40.7x) compared to the GB Commercial Services industry average (33.9x).

PE vs Market: MAI is poor value based on its PE Ratio (40.7x) compared to the UK market (18.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MAI's PB Ratio (1.6x) is in line with the GB Commercial Services industry average.


Next Steps

Future Growth

How is Maintel Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

19.6%

Forecasted Commercial Services 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 Maintel Holdings 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 Maintel Holdings performed over the past 5 years?

-6.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MAI has a large one-off loss of £1.4M impacting its June 30 2020 financial results.

Growing Profit Margin: MAI's current net profit margins (0.7%) are lower than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: MAI's earnings have declined by 6.7% per year over the past 5 years.

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

Earnings vs Industry: MAI had negative earnings growth (-80.2%) over the past year, making it difficult to compare to the Commercial Services industry average (0.2%).


Return on Equity

High ROE: MAI's Return on Equity (3.9%) is considered low.


Next Steps

Financial Health

How is Maintel Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: MAI's short term assets (£27.5M) do not cover its short term liabilities (£49.6M).

Long Term Liabilities: MAI's short term assets (£27.5M) exceed its long term liabilities (£25.0M).


Debt to Equity History and Analysis

Debt Level: MAI's debt to equity ratio (105.8%) is considered high.

Reducing Debt: MAI's debt to equity ratio has reduced from 160.3% to 105.8% over the past 5 years.

Debt Coverage: MAI's debt is well covered by operating cash flow (52.3%).

Interest Coverage: MAI's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Maintel Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MAI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MAI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MAI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MAI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: MAI is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MAI's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

1.1yrs

Average management tenure


CEO

Loan MacRae (46 yo)

1

Tenure

UK£72,000

Compensation

Mr. Loan Griffith MacRae serves as Chief Executive Officer and Executive Director at Maintel Holdings Plc since October 14, 2019. He was Managing Director for the UK and Ireland of Avaya, a global leader i ...


CEO Compensation Analysis

Compensation vs Market: Loan's total compensation ($USD94.62K) is below average for companies of similar size in the UK market ($USD356.15K).

Compensation vs Earnings: Insufficient data to compare Loan's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Loan MacRae
CEO & Executive Director1yrUK£72.00kno data
Mark Townsend
CFO & Executive Director4.5yrsUK£251.00k0.28%
£ 88.6k
Daniel Davies
CTO & Director0.083yrno datano data
Rufus Grig
Chief Strategy Officerno datano data0.010%
£ 3.4k
Ash McDonagh
Head of Learning & Development1.75yrsno datano data
Tim Hiscox
Head of Digital Workplace1.08yrsno datano data
Derek Lewis
Head of Customer Experience1.08yrsno datano data
Mike Gatty
Head of Secure Connectivity1.08yrsno datano data
Darren Boyce
Consultant4.92yrsno datano data

1.1yrs

Average Tenure

52yo

Average Age

Experienced Management: MAI's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Loan MacRae
CEO & Executive Director1yrUK£72.00kno data
Mark Townsend
CFO & Executive Director4.5yrsUK£251.00k0.28%
£ 88.6k
Daniel Davies
CTO & Director0.083yrno datano data
John David Booth
Independent Non-Executive Chairman24.75yrsUK£49.00k23.81%
£ 7.7m
Angus McCaffery
Non-Executive Director24.33yrsUK£62.00k14.16%
£ 4.6m
Nicholas Taylor
Independent Non-Executive Director14.75yrsUK£37.00k0.12%
£ 38.7k
Annette Nabavi
Senior Independent Non-Executive Directorno dataUK£36.00k0.0014%
£ 443.9

9.6yrs

Average Tenure

53yo

Average Age

Experienced Board: MAI's board of directors are considered experienced (9.6 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Maintel Holdings Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Maintel Holdings Plc
  • Ticker: MAI
  • Exchange: AIM
  • Founded: 1991
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: UK£32.170m
  • Shares outstanding: 14.36m
  • Website: https://www.maintel.co.uk

Number of Employees


Location

  • Maintel Holdings Plc
  • 160 Blackfriars Road
  • Southwark
  • London
  • Greater London
  • SE1 8EZ
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MAIAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPDec 2004

Biography

Maintel Holdings Plc, together with its subsidiaries, provides managed communications services for the private and public sectors in the United Kingdom and Ireland. It operates through three segments: Tele ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 21:17
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.