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MPE

M.P. Evans GroupAIM:MPE Stock Report

Last Price

UK£8.34

Market Cap

UK£454.4m

7D

3.5%

1Y

23.1%

Updated

17 Jan, 2022

Data

Company Financials +
MPE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends4/6

MPE Stock Overview

M.P. Evans Group PLC, through its subsidiaries, engages in the ownership, management, and development of oil palm plantations in Indonesia.

Price History & Performance

Summary of all time highs, changes and price drops for M.P. Evans Group
Historical stock prices
Current Share PriceUK£8.34
52 Week HighUK£9.08
52 Week LowUK£5.65
Beta0.75
1 Month Change-0.71%
3 Month Change-8.15%
1 Year Change23.10%
3 Year Change26.17%
5 Year Change30.31%
Change since IPO1,985.00%

Recent News & Updates

May 26
Is M.P. Evans Group (LON:MPE) Using Too Much Debt?

Is M.P. Evans Group (LON:MPE) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

MPEGB FoodGB Market
7D3.5%1.9%-0.5%
1Y23.1%1.8%8.7%

Return vs Industry: MPE exceeded the UK Food industry which returned 1.8% over the past year.

Return vs Market: MPE exceeded the UK Market which returned 8.7% over the past year.

Price Volatility

Is MPE's price volatile compared to industry and market?
MPE volatility
MPE Average Weekly Movement4.3%
Food Industry Average Movement4.2%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.4%

Stable Share Price: MPE is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MPE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19817,200Matthew Coulsonhttps://www.mpevans.co.uk

M.P. Evans Group PLC, through its subsidiaries, engages in the ownership, management, and development of oil palm plantations in Indonesia. It operates through Plantation Indonesia and Property Malaysia segments. The company produces crude palm oil and palm kernels.

M.P. Evans Group Fundamentals Summary

How do M.P. Evans Group's earnings and revenue compare to its market cap?
MPE fundamental statistics
Market CapUS$620.61m
Earnings (TTM)US$45.33m
Revenue (TTM)US$226.65m

13.7x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MPE income statement (TTM)
RevenueUS$226.65m
Cost of RevenueUS$155.94m
Gross ProfitUS$70.71m
ExpensesUS$25.37m
EarningsUS$45.33m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.83
Gross Margin31.20%
Net Profit Margin20.00%
Debt/Equity Ratio24.9%

How did MPE perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

45%

Payout Ratio

Valuation

Is M.P. Evans 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: MPE (£8.34) is trading below our estimate of fair value (£29.42)

Significantly Below Fair Value: MPE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MPE is good value based on its PE Ratio (13.7x) compared to the UK Food industry average (16.6x).

PE vs Market: MPE is good value based on its PE Ratio (13.7x) compared to the UK market (19.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MPE is overvalued based on its PB Ratio (1.6x) compared to the GB Food industry average (1.2x).


Future Growth

How is M.P. Evans Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-0.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MPE's earnings are forecast to decline over the next 3 years (-0.8% per year).

Earnings vs Market: MPE's earnings are forecast to decline over the next 3 years (-0.8% per year).

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

Revenue vs Market: MPE's revenue is expected to decline over the next 3 years (-1.5% per year).

High Growth Revenue: MPE's revenue is forecast to decline over the next 3 years (-1.5% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MPE's Return on Equity is forecast to be low in 3 years time (10.6%).


Past Performance

How has M.P. Evans Group performed over the past 5 years?

14.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MPE has high quality earnings.

Growing Profit Margin: MPE's current net profit margins (20%) are higher than last year (7.5%).


Past Earnings Growth Analysis

Earnings Trend: MPE's earnings have grown by 14.4% per year over the past 5 years.

Accelerating Growth: MPE's earnings growth over the past year (307.9%) exceeds its 5-year average (14.4% per year).

Earnings vs Industry: MPE earnings growth over the past year (307.9%) exceeded the Food industry 12.2%.


Return on Equity

High ROE: MPE's Return on Equity (12.5%) is considered low.


Financial Health

How is M.P. Evans Group's financial position?


Financial Position Analysis

Short Term Liabilities: MPE's short term assets ($97.1M) exceed its short term liabilities ($68.8M).

Long Term Liabilities: MPE's short term assets ($97.1M) exceed its long term liabilities ($81.5M).


Debt to Equity History and Analysis

Debt Level: MPE's net debt to equity ratio (17.3%) is considered satisfactory.

Reducing Debt: MPE's debt to equity ratio has increased from 12.2% to 24.9% over the past 5 years.

Debt Coverage: MPE's debt is well covered by operating cash flow (61.4%).

Interest Coverage: MPE's interest payments on its debt are well covered by EBIT (27.4x coverage).


Balance Sheet


Dividend

What is M.P. Evans Group current dividend yield, its reliability and sustainability?

3.13%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MPE's dividend (3.13%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: MPE's dividend (3.13%) is low compared to the top 25% of dividend payers in the UK market (4.05%).


Stability and Growth of Payments

Stable Dividend: MPE's dividend payments have been volatile in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (45.4%), MPE's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MPE's dividends in 3 years are forecast to be covered by earnings (57.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Matthew Coulson

no data

Tenure

US$623,674

Compensation

Mr. Matthew H. Coulson, BA, FCA, serves as Chief Executive Officer at M.P. Evans Group PLC since January 01, 2022 and had been Finance Director since February 01, 2017 until January 01, 2021 and has been i...


CEO Compensation Analysis

Compensation vs Market: Matthew's total compensation ($USD623.67K) is below average for companies of similar size in the UK market ($USD1.07M).

Compensation vs Earnings: Matthew's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: MPE's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: MPE's board of directors are considered experienced (5.5 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

M.P. Evans Group PLC's employee growth, exchange listings and data sources


Key Information

  • Name: M.P. Evans Group PLC
  • Ticker: MPE
  • Exchange: AIM
  • Founded: 1981
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: UK£454.449m
  • Shares outstanding: 54.49m
  • Website: https://www.mpevans.co.uk

Number of Employees


Location

  • M.P. Evans Group PLC
  • 3 Clanricarde Gardens
  • Tunbridge Wells
  • Kent
  • TN1 1HQ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 23:00
End of Day Share Price2022/01/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.