How does MNGL's PE Ratio compare to its peers?

MNGL is expensive based on its Price-To-Earnings Ratio (28.3x) compared to the peer average (14.1x).

How does MNGL's PE Ratio compare vs other companies in the GB Diversified Financial Industry?

MNGL is expensive based on its Price-To-Earnings Ratio (28.3x) compared to the UK Diversified Financial industry average (14.6x).

What is MNGL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MNGL is expensive based on its Price-To-Earnings Ratio (28.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.7x).

What is the Fair Price of MNGL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MNGL (£2.02) is trading below our estimate of [[fair value]] (£4.12)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

M&G (BATS-CHIXE:MNGL) - Stock Price, News & Analysis

MNGL Stock Overview

Through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. More details

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

Rewards

Trading at 50.9% below our estimate of its fair value

Earnings are forecast to grow 28.49% per year

Became profitable this year

Risk Analysis

Has a high level of debt

Dividend of 9.81% is not well covered by earnings

M&G plc Competitors

RIT Capital Partners

LSE:RCP

UK£2.7b

Caledonia Investments

LSE:CLDN

UK£1.8b

HICL Infrastructure

LSE:HICL

UK£2.4b

Schroders

LSE:SDR

UK£4.9b

Price History & Performance

Summary of all time highs, changes and price drops for M&G
Historical stock prices
Current Share Price	UK£2.02
52 Week High	UK£2.41
52 Week Low	UK£1.92
Beta	1.46
11 Month Change	-1.89%
3 Month Change	-5.69%
1 Year Change	-0.49%
33 Year Change	1.71%
5 Year Change	-15.30%
Change since IPO	-7.10%

Recent updates

Shareholder Returns

	MNGL	GB Diversified Financial	GB Market
7D	3.3%	2.2%	0.8%
1Y	-0.5%	9.1%	6.6%

Return vs Industry: MNGL underperformed the UK Diversified Financial industry which returned 7.8% over the past year.

Return vs Market: MNGL underperformed the UK Market which returned 6.1% over the past year.

Price Volatility

Is MNGL's price volatile compared to industry and market?
MNGL volatility
MNGL Average Weekly Movement	2.5%
Diversified Financial Industry Average Movement	4.4%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: MNGL has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: MNGL's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1848	6,101	Paolo Rossi	www.mandg.com

M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through three segments: Asset Management, Life, and Wealth. It offers retirement, savings, and investment management solutions.

M&G plc Fundamentals Summary

How do M&G's earnings and revenue compare to its market cap?
MNGL fundamental statistics
Market cap	UK£4.72b
Earnings (TTM)	UK£167.00m
Revenue (TTM)	UK£6.21b

28.3x

P/E Ratio

0.8x

P/S Ratio

Is MNGL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MNGL income statement (TTM)
Revenue	UK£6.21b
Cost of Revenue	UK£2.89b
Gross Profit	UK£3.32b
Other Expenses	UK£3.15b
Earnings	UK£167.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.071
Gross Margin	53.45%
Net Profit Margin	2.69%
Debt/Equity Ratio	216.5%

How did MNGL perform over the long term?

See historical performance and comparison

Dividends

9.8%

Current Dividend Yield

281%

Payout Ratio

MNGL Stock Overview

Rewards

Risk Analysis

M&G plc Competitors

LSE:RCP

UK£2.7b

LSE:CLDN

UK£1.8b

LSE:HICL

UK£2.4b

LSE:SDR

UK£4.9b

Price History & Performance

Recent News & Updates

M&G plc Declares Interim Dividend, Payable on 18 October 2024

M&G plc Appoints Paul Evans as an Independent Non-Executive Director, Effective 1 October 2024

M&G plc to Report First Half, 2024 Results on Sep 04, 2024

M&G plc to Report First Half, 2024 Results on Sep 04, 2024

M&G plc, Annual General Meeting, May 22, 2024

M&G plc Announces Board Changes

Recent updates

M&G plc Declares Interim Dividend, Payable on 18 October 2024

M&G plc Appoints Paul Evans as an Independent Non-Executive Director, Effective 1 October 2024

M&G plc to Report First Half, 2024 Results on Sep 04, 2024

M&G plc to Report First Half, 2024 Results on Sep 04, 2024

M&G plc, Annual General Meeting, May 22, 2024

M&G plc Announces Board Changes

New minor risk - Earnings quality

Final dividend reduced to UK£0.13

M&G plc Appoints Charlotte Heiss and Rob Lewis, Chief Auditor to the Group Executive Committee

Full year 2023 earnings released: EPS: UK£0.13 (vs UK£0.66 loss in FY 2022)

M&G plc to Report Fiscal Year 2023 Results on Mar 21, 2024

M&G Appoints Kathy Ryan as Chief Sustainability Officer

MG Investments Appoints Amy Cho as Head of Operations for Asia Pacific

First half 2023 earnings released: EPS: UK£0.029 (vs UK£0.45 loss in 1H 2022)

M&G plc Announces Executive Changes

M&G plc Announces Company Secretary Changes

M&G plc to Report First Half, 2023 Results on Sep 20, 2023

M&G plc announced that it has received £48.6 million in funding from Kingdom Holding Company

Full year 2022 earnings released: UK£0.66 loss per share (vs UK£0.033 profit in FY 2021)

M&G plc Appoints Joseph Pinto as its Next Chief Executive Officer of M&G Asset Management

M&G plc to Report Fiscal Year 2022 Results on Mar 09, 2023

High number of new and inexperienced directors

M&G plc Announces Executive Changes

Supermarket Income REIT plc (LSE:SUPR) acquired Tesco supermarket in Llanelli, South Wales from M&G plc (LSE:MNG) for £66.8 million

M&G plc Declares Interim Dividend, Payable on 29 September 2022

M&G plc (LSE:MNG) agreed to acquire 49.9% stake in Continuum (Financial Services) LLP.

Now 20% undervalued after recent price drop

M&G plc Announces Committee Membership Changes

M&G plc to Report First Half, 2022 Results on Aug 11, 2022

M&G plc Appoints Kathryn McLeland as Executive Director

M&G plc Announces Retirement of John Foley as Chief Executive

High number of new directors

M&G plc, Annual General Meeting, May 25, 2022

M&G plc, Annual General Meeting, May 25, 2022

Now 23% undervalued

M&G plc Declares Second Interim Dividend, Payable on April 28, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

M&G plc to Report Fiscal Year 2021 Results on Mar 08, 2022

Now 21% undervalued

M&G plc Appoints Edward Braham as Chair of the Board with Effect from 14 March 2022

M&G plc (LSE:MNG) acquired TCF Fund Managers LLP.

Now 20% undervalued

M&G plc (LSE:MNG) agreed to acquire 90% stake in responsAbility Investments AG.

M&G plc (LSE:MNG) agreed to acquire 90% stake in responsAbility Investments AG.

M&G plc (LSE:MNG) agreed to acquire a 6.3% stake in Bluewater Shopping Centre from Land Securities Group plc (LSE:LAND).

M&G plc (LSE:MNG) acquired Multimodel Container Services Beheer B.V.

Independent Non-Executive Director recently bought UK£57k worth of stock

Independent Non-Executive Director recently bought UK£200k worth of stock

Insider recently bought UK£112k worth of stock

First half 2021 earnings released: UK£0.098 loss per share (vs UK£0.32 profit in 1H 2020)

Clearbell UK Strategic Trust, managed by Clearbell Capital LLP and Lasalle Global Partner Solutions Limited acquired 39,000 sq ft office at 46 Clarendon Road in Watford from M&G plc (LSE:MNG).

Independent Chair has left the company

Full year 2020 earnings released: EPS UK£0.44 (vs UK£0.41 in FY 2019)

Independent Non-Executive Director has left the company

Full year 2020 earnings released: EPS UK£0.44 (vs UK£0.41 in FY 2019)

Revenue beats expectations

New 90-day high: UK£2.14

Clare Chapman Joins the Board of M&G plc

M&G plc Announces Board Update