| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
MCB Stock Overview
McBride plc, together with its subsidiaries, manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, the Asia Pacific, rest of Europe, and internationally.
McBride Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.16 |
| 52 Week High | UK£0.93 |
| 52 Week Low | UK£0.15 |
| Beta | 1.02 |
| 1 Month Change | -48.39% |
| 3 Month Change | -62.18% |
| 1 Year Change | -81.61% |
| 3 Year Change | -79.27% |
| 5 Year Change | -91.49% |
| Change since IPO | -91.86% |
Recent News & Updates
Does McBride (LON:MCB) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Does McBride (LON:MCB) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Shareholder Returns
| MCB | GB Household Products | GB Market | |
|---|---|---|---|
| 7D | -9.9% | -0.03% | 1.4% |
| 1Y | -81.6% | -14.9% | -9.5% |
Return vs Industry: MCB underperformed the UK Household Products industry which returned -14.9% over the past year.
Return vs Market: MCB underperformed the UK Market which returned -9.5% over the past year.
Price Volatility
| MCB volatility | |
|---|---|
| MCB Average Weekly Movement | 11.6% |
| Household Products Industry Average Movement | 7.3% |
| Market Average Movement | 5.4% |
| 10% most volatile stocks in GB Market | 10.6% |
| 10% least volatile stocks in GB Market | 2.8% |
Stable Share Price: MCB is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: MCB's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of UK stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1927 | 3,331 | Chris Smith | https://www.mcbride.co.uk |
McBride plc, together with its subsidiaries, manufactures and sells private label household and personal care products to retailers and brand owners in the United Kingdom, the Asia Pacific, rest of Europe, and internationally. It operates through five segments: Liquids, Powders, Unit dosing, Aerosols, and Asia Pacific. The Liquids segment offers laundry detergent, dishwasher liquids, surface cleaners, and bleach.
McBride Fundamentals Summary
| MCB fundamental statistics | |
|---|---|
| Market Cap | UK£26.97m |
| Earnings (TTM) | -UK£9.70m |
| Revenue (TTM) | UK£642.80m |
0.0x
P/S Ratio-2.9x
P/E RatioIs MCB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MCB income statement (TTM) | |
|---|---|
| Revenue | UK£642.80m |
| Cost of Revenue | UK£445.30m |
| Gross Profit | UK£197.50m |
| Other Expenses | UK£207.20m |
| Earnings | -UK£9.70m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.056 |
| Gross Margin | 30.72% |
| Net Profit Margin | -1.51% |
| Debt/Equity Ratio | 239.0% |
How did MCB perform over the long term?
See historical performance and comparisonValuation
Is MCB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MCB?
Other financial metrics that can be useful for relative valuation.
| What is MCB's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | UK£26.97m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.2x |
| Enterprise Value/EBITDA | 16x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does MCB's PS Ratio compare to its peers?
| MCB PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 10.4x | ||
ACRL Accrol Group Holdings | 0.5x | 16.8% | UK£78.8m |
CRL Creightons | 0.6x | n/a | UK£35.0m |
PXS Provexis | 39.3x | n/a | UK£18.3m |
VLG Venture Life Group | 1.3x | 16.8% | UK£42.4m |
MCB McBride | 0.04x | 11.5% | UK£27.8m |
Price-To-Sales vs Peers: MCB is good value based on its Price-To-Sales Ratio (0x) compared to the peer average (10.4x).
Price to Earnings Ratio vs Industry
How does MCB's PE Ratio compare vs other companies in the Global Household Products Industry?
Price-To-Sales vs Industry: MCB is good value based on its Price-To-Sales Ratio (0x) compared to the European Household Products industry average (0.7x)
Price to Sales Ratio vs Fair Ratio
What is MCB's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.04x |
| Fair PS Ratio | 0.6x |
Price-To-Sales vs Fair Ratio: MCB is good value based on its Price-To-Sales Ratio (0x) compared to the estimated Fair Price-To-Sales Ratio (0.6x).
Share Price vs Fair Value
What is the Fair Price of MCB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MCB (£0.16) is trading below our estimate of fair value (£2.59)
Significantly Below Fair Value: MCB is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MCB's PEG Ratio to determine if it is good value.
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Future Growth
How is McBride forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
50.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCB is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: MCB is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: MCB is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: MCB's revenue (11.5% per year) is forecast to grow faster than the UK market (4.1% per year).
High Growth Revenue: MCB's revenue (11.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MCB's Return on Equity is forecast to be low in 3 years time (6.1%).
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Past Performance
How has McBride performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-19.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCB is currently unprofitable.
Growing Profit Margin: MCB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MCB is unprofitable, and losses have increased over the past 5 years at a rate of 19.3% per year.
Accelerating Growth: Unable to compare MCB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MCB is unprofitable, making it difficult to compare its past year earnings growth to the Household Products industry (-37.5%).
Return on Equity
High ROE: MCB has a negative Return on Equity (-15.77%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is McBride's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: MCB's short term assets (£259.6M) exceed its short term liabilities (£251.5M).
Long Term Liabilities: MCB's short term assets (£259.6M) exceed its long term liabilities (£131.7M).
Debt to Equity History and Analysis
Debt Level: MCB's net debt to equity ratio (182.3%) is considered high.
Reducing Debt: MCB's debt to equity ratio has increased from 171.8% to 239% over the past 5 years.
Debt Coverage: MCB's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: Insufficient data to determine if MCB's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Dividend
What is McBride current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MCB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MCB'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 MCB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCB's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: MCB is not paying a notable dividend for the UK market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as MCB has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Chris Smith (58 yo)
2yrs
Tenure
UK£551,000
Compensation
Mr. Christopher Ian Charles Smith, also known as Chris, ACA is the Chief Executive Officer at McBride plc since June 11, 2020. He had been the been Chief Financial Officer of McBride plc since November 1,...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD662.86K) is above average for companies of similar size in the UK market ($USD333.56K).
Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: MCB's management team is considered experienced (2.2 years average tenure).
Board Members
Experienced Board: MCB's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MCB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
McBride plc's employee growth, exchange listings and data sources
Key Information
- Name: McBride plc
- Ticker: MCB
- Exchange: LSE
- Founded: 1927
- Industry: Household Products
- Sector: Household
- Implied Market Cap: UK£26.972m
- Shares outstanding: 174.02m
- Website: https://www.mcbride.co.uk
Number of Employees
Location
- McBride plc
- Middleton Way
- Middleton
- Manchester
- Greater Manchester
- M24 4DP
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/01 00:00 |
| End of Day Share Price | 2022/07/01 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/06/30 |
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.