AIM:MAI

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Good value with proven track record and pays a dividend.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.7%

MAI

2.5%

GB Commercial Services

1.7%

GB Market


1 Year Return

-30.6%

MAI

16.9%

GB Commercial Services

2.9%

GB Market

Return vs Industry: MAI underperformed the UK Commercial Services industry which returned 16.9% over the past year.

Return vs Market: MAI underperformed the UK Market which returned 2.9% over the past year.


Shareholder returns

MAIIndustryMarket
7 Day0.7%2.5%1.7%
30 Day10.5%0.4%-0.7%
90 Day-3.6%7.2%-1.8%
1 Year-25.3%-30.6%20.4%16.9%8.0%2.9%
3 Year-43.3%-51.4%21.7%10.7%18.2%3.8%
5 Year7.9%-14.0%28.4%7.5%35.6%6.1%

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

Undervalued: MAI (£4.3) is trading below our estimate of fair value (£12.38)

Significantly Undervalued: MAI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MAI is good value based on its PE Ratio (15.6x) compared to the Commercial Services industry average (18x).

PE vs Market: MAI is good value based on its PE Ratio (15.6x) compared to the UK market (16.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: MAI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: MAI is overvalued based on its PB Ratio (2.8x) compared to the GB Commercial Services industry average (1.8x).


Next Steps

Future Growth

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

-0.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAI's earnings are forecast to decline over the next 3 years (-0.4% per year).

Earnings vs Market: MAI's earnings are forecast to decline over the next 3 years (-0.4% per year).

High Growth Earnings: MAI's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MAI's revenue (1.2% per year) is forecast to grow slower than the UK market (3.9% per year).

High Growth Revenue: MAI's revenue (1.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if MAI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Maintel Holdings performed over the past 5 years?

-8.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MAI's earnings have declined by -8.7% per year over the past 5 years.

Accelerating Growth: MAI's earnings growth over the past year (1415.1%) exceeds its 5-year average (-8.7% per year).

Earnings vs Industry: MAI earnings growth over the past year (1415.1%) exceeded the Commercial Services industry 22.5%.


Return on Equity

High ROE: MAI's Return on Equity (18.2%) is considered low.


Return on Assets

ROA vs Industry: MAI has a higher Return on Assets than the Commercial Services industry average last year.


Return on Capital Employed

ROCE Improving: MAI has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Maintel Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: MAI's short term assets (£35.3M) do not cover its short term liabilities (£53.3M)

Long Term Liabilities: MAI's short term assets (35.3M) exceeds its long term liabilities (33.0M)


Debt to Equity History and Analysis

Debt Level: MAI's debt to equity ratio (111.6%) is considered high

Reducing Debt: MAI's debt to equity ratio has increased from 29.1% to 111.6% over the past 5 years.

Debt Coverage: MAI's debt is well covered by operating cash flow (44.2%).

Interest Coverage: MAI's interest payments on its debt are well covered by EBIT (4.2x coverage).


Balance Sheet

Inventory Level: MAI has a low level of unsold assets or inventory.

Debt Coverage by Assets: MAI's debt is covered by short term assets (assets are 1.464420x debt).


Next Steps

Dividend

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

8.02%

Current Dividend Yield


Dividend Yield vs Market

company8.0%marketbottom25%2.0%markettop25%5.4%industryaverage2.7%forecastin3Years8.3%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: MAI's dividend (8.02%) is higher than the bottom 25% of dividend payers in the UK market (1.99%).

High Dividend: MAI's dividend (8.02%) is in the top 25% of dividend payers in the UK market (5.41%)

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

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


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (125.5%), MAI'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

What is the CEO of Maintel Holdings's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

Loan MacRae (46yo)

0yrs

Tenure

0

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


Management Age and Tenure

2.1yrs

Average Tenure

53yo

Average Age

Experienced Management: MAI's management team is considered experienced (2.1 years average tenure).


Board Age and Tenure

9.8yrs

Average Tenure

54yo

Average Age

Experienced Board: MAI's board of directors are considered experienced (9.8 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyUK£4,99303 Dec 18
Nicholas Taylor
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares942
Max PriceUK£5.30

Ownership Breakdown


Management Team

  • Kevin Stevens (53yo)

    Chief Operating Officer

    • Tenure: 5.8yrs
    • Compensation: UK£171.00k
  • Derek Lewis (72yo)

    Head of Customer Experience

    • Tenure: 0.08yrs
  • Darren Boyce (51yo)

    Consultant

    • Tenure: 3.9yrs
  • Stuart Legg

    Group Sales & Marketing Director and Executive Director

    • Tenure: 3.5yrs
    • Compensation: UK£319.00k
  • Rufus Grig

    Chief Technology & Strategy Officer

    • Tenure: 0yrs
  • Mark Townsend (55yo)

    CFO & Executive Director

    • Tenure: 3.5yrs
    • Compensation: UK£192.00k
  • Ash McDonagh

    Head of Learning & Development

    • Tenure: 0.8yrs
  • Tim Hiscox

    Head of Digital Workplace

    • Tenure: 0.08yrs
  • Mike Gatty

    Head of Secure Connectivity

    • Tenure: 0.08yrs
  • Loan MacRae (46yo)

    Chief Executive Officer

    • Tenure: 0yrs

Board Members

  • Kevin Stevens (53yo)

    Chief Operating Officer

    • Tenure: 5.8yrs
    • Compensation: UK£171.00k
  • John David Booth (60yo)

    Non-Executive Chairman

    • Tenure: 23.8yrs
    • Compensation: UK£48.00k
  • Angus McCaffery (52yo)

    Non-Executive Director

    • Tenure: 23.3yrs
    • Compensation: UK£114.00k
  • Nicholas Taylor (52yo)

    Non-Executive Director

    • Tenure: 13.8yrs
    • Compensation: UK£35.00k
  • Annette Nabavi (66yo)

    Senior Independent Non-Executive Director

    • Tenure: 0yrs
    • Compensation: UK£35.00k
  • Stuart Legg

    Group Sales & Marketing Director and Executive Director

    • Tenure: 3.5yrs
    • Compensation: UK£319.00k
  • Mark Townsend (55yo)

    CFO & Executive Director

    • Tenure: 3.5yrs
    • Compensation: UK£192.00k

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£60.647m
  • Shares outstanding: 14.30m
  • 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, through its subsidiaries, provides managed communications services for the private and public sectors in the United Kingdom and Ireland. It operates through three segments: Telecommun ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 20:34
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.