Michelmersh Brick Holdings
Market Cap
UK£125.4m
Last Updated
2021/01/20 20:09 UTC
Data Sources
Company Financials +
Executive Summary
Michelmersh Brick Holdings Plc, through its subsidiaries, manufactures and sells bricks, tiles, and building products in the United Kingdom, Europe, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with proven track record.
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 less volatile than 75% 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
0.4%
MBH
-0.2%
GB Basic Materials
-0.3%
GB Market
1 Year Return
9.0%
MBH
-10.1%
GB Basic Materials
-7.9%
GB Market
Return vs Industry: MBH exceeded the UK Basic Materials industry which returned -10.1% over the past year.
Return vs Market: MBH exceeded the UK Market which returned -7.9% over the past year.
Shareholder returns
| MBH | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | -0.2% | -0.3% |
| 30 Day | 7.7% | 2.8% | 5.4% |
| 90 Day | 42.8% | 18.4% | 15.7% |
| 1 Year | 9.0%9.0% | -9.6%-10.1% | -4.1%-7.9% |
| 3 Year | 58.7%49.2% | 6.0%-0.4% | 4.2%-8.5% |
| 5 Year | 97.1%76.8% | 58.5%44.8% | 45.0%12.1% |
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
4 days ago | Simply Wall St
Has Michelmersh Brick Holdings plc's (LON:MBH) Impressive Stock Performance Got Anything to Do With Its Fundamentals?2 weeks ago | Simply Wall St
Here's What To Make Of Michelmersh Brick Holdings' (LON:MBH) Returns On Capital4 weeks ago | Simply Wall St
A Quick Analysis On Michelmersh Brick Holdings' (LON:MBH) CEO CompensationValuation
Is Michelmersh Brick Holdings undervalued compared to its fair value and its price relative to the market?
17.27x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MBH (£1.34) is trading above our estimate of fair value (£1.3)
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 (17.3x) compared to the GB Basic Materials industry average (27.4x).
PE vs Market: MBH is good value based on its PE Ratio (17.3x) compared to the UK market (22.8x).
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 (1.8x).
Next Steps
Future Growth
How is Michelmersh Brick Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
6.6%
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 (1%).
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 (6.6% per year) is forecast to grow faster than the UK market (6.5% per year).
High Growth Revenue: MBH's revenue (6.6% 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 (9.7%).
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Past Performance
How has Michelmersh Brick Holdings performed over the past 5 years?
21.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MBH has a large one-off gain of £1.6M impacting its June 30 2020 financial results.
Growing Profit Margin: MBH's current net profit margins (14.7%) are higher than last year (11.6%).
Past Earnings Growth Analysis
Earnings Trend: MBH's earnings have grown significantly by 21% per year over the past 5 years.
Accelerating Growth: MBH's earnings growth over the past year (23.1%) exceeds its 5-year average (21% per year).
Earnings vs Industry: MBH earnings growth over the past year (23.1%) exceeded the Basic Materials industry -10.4%.
Return on Equity
High ROE: MBH's Return on Equity (9.2%) is considered low.
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Financial Health
How is Michelmersh Brick Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: MBH's short term assets (£38.9M) exceed its short term liabilities (£16.4M).
Long Term Liabilities: MBH's short term assets (£38.9M) exceed its long term liabilities (£31.3M).
Debt to Equity History and Analysis
Debt Level: MBH's debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: MBH's debt to equity ratio has increased from 1.7% to 30.7% over the past 5 years.
Debt Coverage: MBH's debt is well covered by operating cash flow (47.3%).
Interest Coverage: MBH's interest payments on its debt are well covered by EBIT (10.3x coverage).
Balance Sheet
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Dividend
What is Michelmersh Brick Holdings's current dividend yield, its reliability and sustainability?
1.99%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MBH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MBH'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 MBH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MBH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MBH is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MBH's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
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Management
How experienced are the management team and are they aligned to shareholders interests?
7.6yrs
Average management tenure
CEO
Frank Hanna (52 yo)
5yrs
Tenure
UK£482,000
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 ($USD657.51K) is about average for companies of similar size in the UK market ($USD581.40K).
Compensation vs Earnings: Frank's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Executive Chairman | 3.67yrs | UK£102.00k | 4.41% £ 5.5m | |
| Joint Chief Executive & Director | 5yrs | UK£482.00k | 0.63% £ 789.0k | |
| Joint Chief Executive & Director | 9.67yrs | UK£502.00k | 0.11% £ 139.0k | |
| Finance Director | no data | UK£435.00k | no data |
7.6yrs
Average Tenure
56yo
Average Age
Experienced Management: MBH's management team is seasoned and experienced (7.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Executive Chairman | 3.67yrs | UK£102.00k | 4.41% £ 5.5m | |
| Joint Chief Executive & Director | 5yrs | UK£482.00k | 0.63% £ 789.0k | |
| Joint Chief Executive & Director | 9.67yrs | UK£502.00k | 0.11% £ 139.0k | |
| Finance Director | no data | UK£435.00k | no data | |
| Senior Independent Non-Executive Director | no data | UK£50.00k | 0.021% £ 26.7k | |
| Non-Executive Director | 0.58yr | no data | no data | |
| Non-Executive Director | 0.17yr | no data | 0.024% £ 30.3k |
3.7yrs
Average Tenure
60yo
Average Age
Experienced Board: MBH's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MBH 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£125.414m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MBH | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | May 2004 |
| MPO | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | May 2004 |
Biography
Michelmersh Brick Holdings Plc, through its subsidiaries, manufactures and sells bricks, tiles, and building products in the United Kingdom, Europe, and internationally. The company offers extruded wire cu...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/20 20:09 |
| End of Day Share Price | 2021/01/20 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.