Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products and labels to businesses. More Details
Flawless balance sheet average dividend payer.
Share Price & News
How has Macfarlane Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MACF is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: MACF's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MACF exceeded the UK Packaging industry which returned 40.8% over the past year.
Return vs Market: MACF exceeded the UK Market which returned 27.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Macfarlane Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StMacfarlane Group (LON:MACF) Could Be A Buy For Its Upcoming Dividend
1 week ago | Simply Wall StHere's What To Make Of Macfarlane Group's (LON:MACF) Decelerating Rates Of Return
1 month ago | Simply Wall StWhat Is The Ownership Structure Like For Macfarlane Group PLC (LON:MACF)?
Is Macfarlane Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MACF (£1.17) is trading above our estimate of fair value (£1.08)
Significantly Below Fair Value: MACF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MACF is poor value based on its PE Ratio (18.1x) compared to the European Packaging industry average (17.9x).
PE vs Market: MACF is good value based on its PE Ratio (18.1x) compared to the UK market (25.7x).
Price to Earnings Growth Ratio
PEG Ratio: MACF is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: MACF is overvalued based on its PB Ratio (2.3x) compared to the XE Packaging industry average (2.2x).
How is Macfarlane Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MACF's forecast earnings growth (5.9% per year) is above the savings rate (0.9%).
Earnings vs Market: MACF's earnings (5.9% per year) are forecast to grow slower than the UK market (17.6% per year).
High Growth Earnings: MACF's earnings are forecast to grow, but not significantly.
Revenue vs Market: MACF's revenue (5.3% per year) is forecast to grow slower than the UK market (5.3% per year).
High Growth Revenue: MACF's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MACF's Return on Equity is forecast to be high in 3 years time
How has Macfarlane Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MACF has high quality earnings.
Growing Profit Margin: MACF's current net profit margins (4.4%) are higher than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: MACF's earnings have grown by 13.2% per year over the past 5 years.
Accelerating Growth: MACF's earnings growth over the past year (5.9%) is below its 5-year average (13.2% per year).
Earnings vs Industry: MACF earnings growth over the past year (5.9%) underperformed the Packaging industry 11.7%.
Return on Equity
High ROE: MACF's Return on Equity (12.7%) is considered low.
How is Macfarlane Group's financial position?
Financial Position Analysis
Short Term Liabilities: MACF's short term assets (£74.5M) exceed its short term liabilities (£64.9M).
Long Term Liabilities: MACF's short term assets (£74.5M) exceed its long term liabilities (£28.1M).
Debt to Equity History and Analysis
Debt Level: MACF's debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: MACF's debt to equity ratio has reduced from 39.2% to 9.7% over the past 5 years.
Debt Coverage: MACF's debt is well covered by operating cash flow (300.3%).
Interest Coverage: MACF's interest payments on its debt are well covered by EBIT (11.3x coverage).
What is Macfarlane Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MACF's dividend (2.18%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: MACF's dividend (2.18%) is low compared to the top 25% of dividend payers in the UK market (4.09%).
Stability and Growth of Payments
Stable Dividend: MACF's dividend payments have been volatile in the past 10 years.
Growing Dividend: MACF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.6%), MACF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MACF's dividends in 3 years are forecast to be well covered by earnings (31.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Atkinson (63 yo)
Mr. Peter Duncan Atkinson has been the Chief Executive Officer of Macfarlane Group PLC since October 6, 2003. Mr. Atkinson has also significant general management experience gained during his time at GKN P...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD682.02K) is about average for companies of similar size in the UK market ($USD568.00K).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
Experienced Management: MACF's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Experienced Board: MACF's board of directors are considered experienced (3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Macfarlane Group PLC's company bio, employee growth, exchange listings and data sources
- Name: Macfarlane Group PLC
- Ticker: MACF
- Exchange: LSE
- Founded: 1899
- Industry: Paper Packaging
- Sector: Materials
- Market Cap: UK£184.246m
- Shares outstanding: 157.81m
- Website: https://www.macfarlanegroup.com
Number of Employees
- Macfarlane Group PLC
- 3 Park Gardens
- First Floor
- G3 7YE
- United Kingdom
Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products and labels to businesses. The company operates through Packaging Distribution and Manufa...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/16 20:01|
|End of Day Share Price||2021/05/14 00:00|
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.