| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
MUL Stock Overview
Mulberry Group plc, through its subsidiaries, develops, manufactures, and sells fashion accessories, clothing, and footwear in the United Kingdom, rest of Europe, Asia, North America, and internationally.
Mulberry Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£3.00 |
| 52 Week High | UK£4.20 |
| 52 Week Low | UK£2.12 |
| Beta | 1.59 |
| 1 Month Change | -7.69% |
| 3 Month Change | 1.70% |
| 1 Year Change | 28.21% |
| 3 Year Change | -1.64% |
| 5 Year Change | -72.80% |
| Change since IPO | 62.16% |
Recent News & Updates
Returns On Capital At Mulberry Group (LON:MUL) Have Stalled
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Here's Why Shareholders Should Examine Mulberry Group plc's (LON:MUL) CEO Compensation Package More Closely
Shareholders will probably not be too impressed with the underwhelming results at Mulberry Group plc ( LON:MUL...
We Like The Quality Of Mulberry Group's (LON:MUL) Earnings
Mulberry Group plc's ( LON:MUL ) healthy profit numbers didn't contain any surprises for investors. We think this is...
Shareholder Returns
| MUL | GB Luxury | GB Market | |
|---|---|---|---|
| 7D | -1.6% | 7.1% | -1.3% |
| 1Y | 28.2% | 9.1% | 7.8% |
Return vs Industry: MUL exceeded the UK Luxury industry which returned 7.4% over the past year.
Return vs Market: MUL exceeded the UK Market which returned 8.7% over the past year.
Price Volatility
| MUL volatility | |
|---|---|
| MUL Average Weekly Movement | 8.7% |
| Luxury Industry Average Movement | 5.7% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.8% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: MUL is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: MUL's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of UK stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1971 | 998 | Thierry Andretta | https://www.mulberry.com |
Mulberry Group plc, through its subsidiaries, develops, manufactures, and sells fashion accessories, clothing, and footwear in the United Kingdom, rest of Europe, Asia, North America, and internationally. It provides briefcases, messenger bags, and backpacks; wallets, and purses and pouches; sunglasses, scarves, gloves and hats, belts, cufflinks, keyrings, and shoes; jewelry, organisers, leather care, and care products; gifts; and luggage, holdalls, bag, and other travel accessories for men and women, as well as ready-to-wear and eyewear products. The company sells its products through its retail shops, concessions, and wholesale distribution channels under the Mulberry brand, as well as sells its products online.
Mulberry Group Fundamentals Summary
| MUL fundamental statistics | |
|---|---|
| Market Cap | UK£176.64m |
| Earnings (TTM) | UK£14.05m |
| Revenue (TTM) | UK£131.75m |
12.6x
P/E Ratio1.3x
P/S RatioIs MUL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MUL income statement (TTM) | |
|---|---|
| Revenue | UK£131.75m |
| Cost of Revenue | UK£42.19m |
| Gross Profit | UK£89.57m |
| Expenses | UK£75.51m |
| Earnings | UK£14.05m |
Last Reported Earnings
Sep 25, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.24 |
| Gross Margin | 67.98% |
| Net Profit Margin | 10.67% |
| Debt/Equity Ratio | 18.8% |
How did MUL perform over the long term?
See historical performance and comparisonValuation
Is Mulberry Group 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: MUL (£3) is trading below our estimate of fair value (£8.19)
Significantly Below Fair Value: MUL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MUL is good value based on its PE Ratio (12.6x) compared to the UK Luxury industry average (38.5x).
PE vs Market: MUL is good value based on its PE Ratio (12.6x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MUL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MUL is overvalued based on its PB Ratio (6x) compared to the GB Luxury industry average (4.2x).
Future Growth
How is Mulberry Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
10.4%
Forecasted Consumer Durables 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 Mulberry Group 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.
Past Performance
How has Mulberry Group performed over the past 5 years?
-35.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MUL has a large one-off gain of £3.3M impacting its September 25 2021 financial results.
Growing Profit Margin: MUL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MUL has become profitable over the past 5 years, growing earnings by -35.2% per year.
Accelerating Growth: MUL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MUL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (103.3%).
Return on Equity
High ROE: MUL's Return on Equity (54.1%) is considered outstanding.
Financial Health
How is Mulberry Group's financial position?
Financial Position Analysis
Short Term Liabilities: MUL's short term assets (£75.6M) exceed its short term liabilities (£44.4M).
Long Term Liabilities: MUL's short term assets (£75.6M) exceed its long term liabilities (£60.8M).
Debt to Equity History and Analysis
Debt Level: MUL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MUL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MUL's debt is well covered by operating cash flow (470.5%).
Interest Coverage: MUL's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
Dividend
What is Mulberry Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MUL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MUL'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 MUL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MUL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MUL is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MUL'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?
6.8yrs
Average management tenure
CEO
Thierry Andretta (64 yo)
6.75yrs
Tenure
UK£1,266,000
Compensation
Mr. Thierry Patrick Andretta has been the Chief Executive Officer of Mulberry Group plc since April 7, 2015 and has been its Executive Director since February 25, 2016. Mr. Andretta serves as Vice Presiden...
CEO Compensation Analysis
Compensation vs Market: Thierry's total compensation ($USD1.72M) is above average for companies of similar size in the UK market ($USD573.76K).
Compensation vs Earnings: Thierry's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MUL's management team is seasoned and experienced (6.8 years average tenure).
Board Members
Experienced Board: MUL's board of directors are considered experienced (9.1 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Mulberry Group plc's employee growth, exchange listings and data sources
Key Information
- Name: Mulberry Group plc
- Ticker: MUL
- Exchange: AIM
- Founded: 1971
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Implied Market Cap: UK£176.635m
- Shares outstanding: 58.88m
- Website: https://www.mulberry.com
Number of Employees
Location
- Mulberry Group plc
- The Rookery
- Chilcompton
- Bath
- Avon
- BA3 4EH
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 21:15 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/25 |
| Annual Earnings | 2021/03/27 |
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.