Michelmersh Brick Holdings
Market Cap
UK£131.1m
Last Updated
2021/06/15 09:36 UTC
Data Sources
Company Financials +
Executive Summary
Michelmersh Brick Holdings plc, through its subsidiaries, engages in the manufacture and sale of bricks, tiles, and building products in the United Kingdom and Europe. More Details
Snowflake Analysis
Excellent balance sheet second-rate dividend payer.
Similar Companies
Share Price & News
How has Michelmersh Brick Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MBH is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MBH's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-2.4%
MBH
-2.5%
GB Basic Materials
0.5%
GB Market
1 Year Return
41.6%
MBH
43.0%
GB Basic Materials
22.0%
GB Market
Return vs Industry: MBH underperformed the UK Basic Materials industry which returned 43% over the past year.
Return vs Market: MBH exceeded the UK Market which returned 22% over the past year.
Shareholder returns
| MBH | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.4% | -2.5% | 0.5% |
| 30 Day | 2.6% | 0.04% | 2.0% |
| 90 Day | -3.8% | 10.4% | 6.0% |
| 1 Year | 44.1%41.6% | 44.8%43.0% | 28.3%22.0% |
| 3 Year | 57.4%47.6% | 17.0%10.4% | 14.0%-0.2% |
| 5 Year | 134.7%109.8% | 84.7%69.9% | 52.6%23.0% |
Long-Term Price Volatility Vs. Market
How volatile is Michelmersh Brick Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Shareholders Of Michelmersh Brick Holdings (LON:MBH) Must Be Happy With Their 135% Total Return2 weeks ago | Simply Wall St
The Compensation For Michelmersh Brick Holdings plc's (LON:MBH) CEO Looks Deserved And Here's Why3 weeks ago | Simply Wall St
Return Trends At Michelmersh Brick Holdings (LON:MBH) Aren't AppealingValuation
Is Michelmersh Brick Holdings undervalued compared to its fair value and its price relative to the market?
26.49x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MBH (£1.4) is trading above our estimate of fair value (£0.91)
Significantly Below Fair Value: MBH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MBH is good value based on its PE Ratio (26.5x) compared to the UK Basic Materials industry average (36.5x).
PE vs Market: MBH is poor value based on its PE Ratio (26.5x) compared to the UK market (25.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MBH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MBH is good value based on its PB Ratio (1.6x) compared to the GB Basic Materials industry average (2.6x).
Future Growth
How is Michelmersh Brick Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
5.6%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if MBH's forecast earnings growth is above the savings rate (0.9%).
Earnings vs Market: Insufficient data to determine if MBH's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MBH's revenue (5.6% per year) is forecast to grow faster than the UK market (5% per year).
High Growth Revenue: MBH's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MBH's Return on Equity is forecast to be low in 3 years time (9.8%).
Past Performance
How has Michelmersh Brick Holdings performed over the past 5 years?
19.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MBH has high quality earnings.
Growing Profit Margin: MBH's current net profit margins (9.5%) are lower than last year (16.1%).
Past Earnings Growth Analysis
Earnings Trend: MBH's earnings have grown by 19.5% per year over the past 5 years.
Accelerating Growth: MBH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MBH had negative earnings growth (-42.6%) over the past year, making it difficult to compare to the Basic Materials industry average (-42.6%).
Return on Equity
High ROE: MBH's Return on Equity (6.2%) is considered low.
Financial Health
How is Michelmersh Brick Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: MBH's short term assets (£33.5M) exceed its short term liabilities (£13.8M).
Long Term Liabilities: MBH's short term assets (£33.5M) exceed its long term liabilities (£22.4M).
Debt to Equity History and Analysis
Debt Level: MBH's debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MBH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MBH's debt is well covered by operating cash flow (90.5%).
Interest Coverage: MBH's interest payments on its debt are well covered by EBIT (10.6x coverage).
Balance Sheet
Dividend
What is Michelmersh Brick Holdings's current dividend yield, its reliability and sustainability?
1.79%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MBH's dividend (1.79%) is higher than the bottom 25% of dividend payers in the UK market (1.28%).
High Dividend: MBH's dividend (1.79%) is low compared to the top 25% of dividend payers in the UK market (4.01%).
Stability and Growth of Payments
Stable Dividend: MBH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MBH's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.5%), MBH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MBH's dividends in 3 years are forecast to be well covered by earnings (35.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.4yrs
Average management tenure
CEO
Frank Hanna (52 yo)
5.42yrs
Tenure
UK£385,000
Compensation
Mr. Frank J. Hanna has been the Joint-Chief Executive at Michelmersh Brick Holdings plc since January 01, 2016 and served as its Commercial Director. Mr. Hanna served as Sales and Technical Director at Fre...
CEO Compensation Analysis
Compensation vs Market: Frank's total compensation ($USD543.06K) is about average for companies of similar size in the UK market ($USD562.24K).
Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MBH's management team is seasoned and experienced (5.4 years average tenure).
Board Members
Experienced Board: MBH's board of directors are considered experienced (4.1 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Michelmersh Brick Holdings plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Michelmersh Brick Holdings plc
- Ticker: MBH
- Exchange: AIM
- Founded: 1997
- Industry: Construction Materials
- Sector: Materials
- Market Cap: UK£131.051m
- Shares outstanding: 93.94m
- Website: https://www.mbhplc.co.uk
Number of Employees
Location
- Michelmersh Brick Holdings plc
- Freshfield Lane
- Danehill
- Haywards Heath
- West Sussex
- RH17 7HH
- United Kingdom
Listings
Biography
Michelmersh Brick Holdings plc, through its subsidiaries, engages in the manufacture and sale of bricks, tiles, and building products in the United Kingdom and Europe. It offers extruded wire cut facing br...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/15 09:36 |
| End of Day Share Price | 2021/06/14 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.