Wendel (BATS-CHIXE:MFP) - Stock Price, News & Analysis

MFP Stock Overview

A private equity firm specializing in equity financing in middle markets and later stages through leveraged buy-out and transactions and acquisitions.

About the company

MFP fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	5/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 39.3% below our estimate of its fair value

Earnings are forecast to grow 12.08% per year

Earnings grew by 232.9% over the past year

Analysts in good agreement that stock price will rise by 35.1%

Risk Analysis

Shares are highly illiquid

Dividend of 4.67% is not well covered by earnings

Has a high level of debt

Wendel Competitors

OSB Group

LSE:OSB

UK£1.7b

Network International Holdings

LSE:NETW

UK£2.1b

Paragon Banking Group

LSE:PAG

UK£1.6b

IG Group Holdings

LSE:IGG

UK£3.0b

Price History & Performance

Summary of all time highs, changes and price drops for Wendel
Historical stock prices
Current Share Price	€87.30
52 Week High	€94.70
52 Week Low	€75.15
Beta	1.3
11 Month Change	-2.21%
3 Month Change	n/a
1 Year Change	-6.08%
33 Year Change	-24.22%
5 Year Change	-27.13%
Change since IPO	55.39%

Recent updates

Shareholder Returns

	MFP	GB Diversified Financial	GB Market
7D	0%	-0.6%	1.1%
1Y	-6.1%	14.3%	8.1%

Return vs Industry: MFP underperformed the UK Diversified Financial industry which returned 14.3% over the past year.

Return vs Market: MFP underperformed the UK Market which returned 8.1% over the past year.

Price Volatility

Is MFP's price volatile compared to industry and market?
MFP volatility
MFP Average Weekly Movement	n/a
Diversified Financial Industry Average Movement	4.7%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	11.1%
10% least volatile stocks in GB Market	2.7%

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

Volatility Over Time: Insufficient data to determine MFP's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1704	96,757	Laurent Mignon	www.wendelgroup.com/en/

Wendel is a private equity firm specializing in equity financing in middle markets and later stages through leveraged buy-out and transactions and acquisitions. It invests in both listed and non-listed companies. The firm typically invests in technology services and software, business services, healthcare, and industrial technology.

Wendel Fundamentals Summary

How do Wendel's earnings and revenue compare to its market cap?
MFP fundamental statistics
Market cap	€3.71b
Earnings (TTM)	€57.60m
Revenue (TTM)	€7.13b

64.4x

P/E Ratio

0.5x

P/S Ratio

Is MFP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MFP income statement (TTM)
Revenue	€7.13b
Cost of Revenue	€6.26b
Gross Profit	€863.70m
Other Expenses	€806.10m
Earnings	€57.60m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Jul 31, 2024

Earnings per share (EPS)	1.33
Gross Margin	12.12%
Net Profit Margin	0.81%
Debt/Equity Ratio	116.1%

How did MFP perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

302%

Payout Ratio

MFP Stock Overview

Rewards

Risk Analysis

Wendel Competitors

LSE:OSB

UK£1.7b

LSE:NETW

UK£2.1b

LSE:PAG

UK£1.6b

LSE:IGG

UK£3.0b

Price History & Performance

Recent News & Updates

One Rock Capital Partners, LLC completed the acquisition of Constantia Flexibles Group GmbH from Wendel (ENXTPA:MF), Maxburg Capital Partners GmbH and others.

Wendel Provides Revenue Guidance for the Year 2023

Wendel in Exclusive Talks to Acquire Controlling Stake in IK Partners

Wendel in Exclusive Talks to Acquire Controlling Stake in IK Partners

One Rock Capital Partners, LLC entered into an agreement to acquire Constantia Flexibles Group GmbH from Wendel (ENXTPA:MF) and others for €1.1 billion.

Wendel, Annual General Meeting, May 16, 2024

Recent updates

One Rock Capital Partners, LLC completed the acquisition of Constantia Flexibles Group GmbH from Wendel (ENXTPA:MF), Maxburg Capital Partners GmbH and others.

Wendel Provides Revenue Guidance for the Year 2023

Wendel in Exclusive Talks to Acquire Controlling Stake in IK Partners

Wendel in Exclusive Talks to Acquire Controlling Stake in IK Partners

One Rock Capital Partners, LLC entered into an agreement to acquire Constantia Flexibles Group GmbH from Wendel (ENXTPA:MF) and others for €1.1 billion.

Wendel, Annual General Meeting, May 16, 2024

Wendel (ENXTPA:MF) along with management completed the acquisition of Scalian SAS from Cobepa S.A.

Wendel Appoints Cyril Marie as Executive Vice-President Strategy and Corporate Development with Effect from July 25, 2023

Upcoming dividend of €3.20 per share at 3.2% yield

Wendel Promotes Benoît Drillaud to Chief Financial Officer

Full year 2022 earnings released: EPS: €1.64 (vs €23.07 in FY 2021)

Full year 2022 earnings released: EPS: €1.64 (vs €23.07 in FY 2021)

Wendel (ENXTPA:MF) entered into a definitive agreement to acquire an unknown minority stake in TaDaweb S.A. for €15 million.

Wendel Announces Board Promotions

Wendel Appoints Laurent Mignon as Member of the Executive Board, January 1 2023

Wendel to Report Fiscal Year 2022 Results on Mar 17, 2023

First half 2022 earnings released

Generali Vie S.A. entered into binding agreement to acquire Headquarter building on Taitbout from Wendel.

Investor sentiment deteriorated over the past week

Generali Vie S.A. entered into binding agreement to acquire Headquarter building on Taitbout from Wendel.

Wendel Announces Executive Changes

Upcoming dividend of €3.00 per share

Wendel Appoints Sébastien Metzger as General Counsel M&A and Finance

Colibri Group and Wendel (ENXTPA:MF) entered into an Equity Purchase Agreement to acquire Financial Services Segment of Adtalem Global Education Inc. (NYSE:ATGE) for $1 billion.

Upcoming dividend of €2.90 per share

Full year 2020 earnings released: €3.72 loss per share (vs €4.59 loss in FY 2019)

Wendel Proposes Dividend for the Year 2020, Payable on July 5, 2021

New 90-day low: €93.30

Wendel Announces Promotion of Harper Mates to Managing Director

New 90-day high: €99.40

New 90-day high: €96.70

Wendel Announces Board Changes

A South African consortium of investors and management agreed to acquire unknown minority stake in Tsebo Outsourcing Group Proprietary Limited from Wendel (ENXTPA:MF).

An undisclosed investor acquired 15.25% stake in Legrand S.A. (ENXTPA: LR) from Kohlberg Kravis Roberts & Co. (NYSE: KKR) and Wendel (ENXTPA: MF) for €1.2 billion.

An investor group controlled by Warburg Pincus completed the acquisition of approximately 6% ownership interest in Allied Universal from Wendel (ENXTPA:MF) for approximately $200 million.

Wendel to Report First Half, 2021 Results on Jul 29, 2021

Shareholder Returns

Price Volatility

About the Company

Wendel Fundamentals Summary

64.4x

0.5x

Earnings & Revenue

Dividends

4.7%

302%