M&G (LSE:MNG) - Stock Price, News & Analysis

MNG Stock Overview

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

MNG 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

Dividend of 9.81% is not well covered by earnings

Has a high level of debt

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	-1.85%
3 Month Change	-5.96%
1 Year Change	-0.59%
33 Year Change	1.51%
5 Year Change	-15.38%
Change since IPO	-7.39%

Recent updates

Shareholder Returns

	MNG	GB Diversified Financial	GB Market
7D	3.1%	2.2%	0.8%
1Y	-0.6%	9.1%	6.6%

Return vs Industry: MNG underperformed the UK Diversified Financial industry which returned 9.1% over the past year.

Return vs Market: MNG underperformed the UK Market which returned 6.6% over the past year.

Price Volatility

Is MNG's price volatile compared to industry and market?
MNG volatility
MNG 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: MNG has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: MNG'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?
MNG 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 MNG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MNG 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 MNG perform over the long term?

See historical performance and comparison

Dividends

9.8%

Current Dividend Yield

281%

Payout Ratio

MNG 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

First half 2024 earnings released: UK£0.026 loss per share (vs UK£0.029 profit in 1H 2023)

Consensus EPS estimates increase by 44%

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

High number of new directors

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

Recent updates

First half 2024 earnings released: UK£0.026 loss per share (vs UK£0.029 profit in 1H 2023)

Consensus EPS estimates increase by 44%

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

High number of new directors

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

Consensus EPS estimates fall by 11%

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

Chief Executive of Retail & Savings exercised options and sold UK£164k worth of stock

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

Now 23% undervalued

Consensus EPS estimates fall by 14%

Consensus EPS estimates fall by 18%

Consensus EPS estimates fall by 16%

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

Consensus forecasts updated

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 21% undervalued after recent price drop

Consensus EPS estimates fall by 12%

Now 21% undervalued after recent price drop

M&G plc Announces Committee Membership Changes

Group CEO & Executive Director exercised options and sold UK£51k worth of stock

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 exceeds analyst expectations while revenues lag behind

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

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

Now 23% undervalued

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

Consensus EPS estimates fall by 19%

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).