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MNM

Arnoldo Mondadori Editore BATS-CHIXE:MNM Stock Report

Last Price

€1.89

Market Cap

€490.1m

7D

-2.7%

1Y

14.7%

Updated

19 May, 2022

Data

Company Financials +
MNM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health4/6
Dividends3/6

MNM Stock Overview

Arnoldo Mondadori Editore S.p.A., together with its subsidiaries, engages in publishing books and magazines in Europe.

Arnoldo Mondadori Editore Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Arnoldo Mondadori Editore
Historical stock prices
Current Share Price€1.89
52 Week High€2.03
52 Week Low€1.71
Beta1.24
1 Month Change-2.68%
3 Month Change-5.87%
1 Year Change14.67%
3 Year Change28.71%
5 Year Change14.53%
Change since IPO77.82%

Recent News & Updates

Shareholder Returns

MNMGB MediaGB Market
7D-2.7%1.3%1.1%
1Y14.7%-11.6%-2.5%

Return vs Industry: MNM exceeded the UK Media industry which returned -11.6% over the past year.

Return vs Market: MNM exceeded the UK Market which returned -2.5% over the past year.

Price Volatility

Is MNM's price volatile compared to industry and market?
MNM volatility
MNM Average Weekly Movementn/a
Media Industry Average Movement7.1%
Market Average Movement6.1%
10% most volatile stocks in GB Market11.7%
10% least volatile stocks in GB Market3.2%

Stable Share Price: Insufficient data to determine MNM's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine MNM's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19071,810Antonio Porrohttps://www.mondadori.it

Arnoldo Mondadori Editore S.p.A., together with its subsidiaries, engages in publishing books and magazines in Europe. The company offers fiction, non-fiction, and children’s books in traditional and digital formats under the Mondadori, Giulio Einaudi editore, Piemme, Sperling & Kupfer, Frassinelli, Rizzoli, BUR, Fabbri Editori, Rizzoli Lizard, and Mondadori Electa brands. It also provides school, legal, and university textbooks; courses, teaching aids, and multimedia content for various teaching levels; art and illustrated, kids, art literature, and architecture books, including exhibition catalogs, museum guides, and sponsor books.

Arnoldo Mondadori Editore Fundamentals Summary

How do Arnoldo Mondadori Editore's earnings and revenue compare to its market cap?
MNM fundamental statistics
Market Cap€490.09m
Earnings (TTM)€44.21m
Revenue (TTM)€807.35m

11.1x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MNM income statement (TTM)
Revenue€807.35m
Cost of Revenue€546.28m
Gross Profit€261.06m
Other Expenses€216.86m
Earnings€44.21m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Jul 28, 2022

Earnings per share (EPS)0.17
Gross Margin32.34%
Net Profit Margin5.48%
Debt/Equity Ratio87.3%

How did MNM perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

50%

Payout Ratio

Does MNM pay a reliable dividends?

See MNM dividend history and benchmarks
When do you need to buy MNM by to receive an upcoming dividend?
Arnoldo Mondadori Editore dividend dates
Ex Dividend DateMay 23 2022
Dividend Pay DateMay 25 2022
Days until Ex dividend3 days
Days until Dividend pay date5 days

Does MNM pay a reliable dividends?

See MNM dividend history and benchmarks

Valuation

Is Arnoldo Mondadori Editore undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MNM (€1.89) is trading below our estimate of fair value (€4.06)

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


Price To Earnings Ratio

PE vs Industry: MNM is good value based on its PE Ratio (11.1x) compared to the UK Media industry average (25.6x).

PE vs Market: MNM is good value based on its PE Ratio (11.1x) compared to the UK market (15.4x).


Price to Earnings Growth Ratio

PEG Ratio: MNM is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: MNM is overvalued based on its PB Ratio (2.2x) compared to the GB Media industry average (1.9x).


Future Growth

How is Arnoldo Mondadori Editore forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


7.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MNM's forecast earnings growth (7.6% per year) is above the savings rate (0.9%).

Earnings vs Market: MNM's earnings (7.6% per year) are forecast to grow slower than the UK market (11.2% per year).

High Growth Earnings: MNM's earnings are forecast to grow, but not significantly.

Revenue vs Market: MNM's revenue (1.7% per year) is forecast to grow slower than the UK market (4.1% per year).

High Growth Revenue: MNM's revenue (1.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MNM's Return on Equity is forecast to be low in 3 years time (19.8%).


Past Performance

How has Arnoldo Mondadori Editore performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MNM has a large one-off loss of €14.0M impacting its December 31 2021 financial results.

Growing Profit Margin: MNM's current net profit margins (5.5%) are higher than last year (0.6%).


Past Earnings Growth Analysis

Earnings Trend: MNM's earnings have grown by 13.7% per year over the past 5 years.

Accelerating Growth: MNM's earnings growth over the past year (881.7%) exceeds its 5-year average (13.7% per year).

Earnings vs Industry: MNM earnings growth over the past year (881.7%) exceeded the Media industry 61.7%.


Return on Equity

High ROE: MNM's Return on Equity (20.1%) is considered high.


Financial Health

How is Arnoldo Mondadori Editore's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MNM's short term assets (€484.5M) do not cover its short term liabilities (€492.7M).

Long Term Liabilities: MNM's short term assets (€484.5M) exceed its long term liabilities (€310.3M).


Debt to Equity History and Analysis

Debt Level: MNM's net debt to equity ratio (45.9%) is considered high.

Reducing Debt: MNM's debt to equity ratio has reduced from 108.5% to 87.3% over the past 5 years.

Debt Coverage: MNM's debt is well covered by operating cash flow (50.8%).

Interest Coverage: MNM's interest payments on its debt are well covered by EBIT (11.4x coverage).


Balance Sheet


Dividend

What is Arnoldo Mondadori Editore current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.52%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 19 2022Ex Dividend DateMay 23 2022Dividend Pay DateMay 25 20222 days from Ex DividendBuy in the next 3 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: MNM's dividend (4.52%) is higher than the bottom 25% of dividend payers in the UK market (1.81%).

High Dividend: MNM's dividend (4.52%) is low compared to the top 25% of dividend payers in the UK market (4.85%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, MNM has been paying a dividend for less than 10 years.

Growing Dividend: MNM's dividend payments have increased, but the company has only paid a dividend for 2 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (50.1%), MNM's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (27.7%), MNM's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

2.3yrs

Average management tenure


CEO

Antonio Porro (56 yo)

1.08yrs

Tenure

Mr. Antonio Porro serves as Chief Executive Officer and Director of Arnoldo Mondadori Editore S.p.A. since April 2021. He served as Deputy Chairman and Managing Director of Mondadori Libri S.p.A. until Apr...


Leadership Team

Experienced Management: MNM's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: MNM'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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Arnoldo Mondadori Editore S.p.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Arnoldo Mondadori Editore S.p.A.
  • Ticker: MNM
  • Exchange: BATS-CHIXE
  • Founded: 1907
  • Industry: Publishing
  • Sector: Media
  • Implied Market Cap: €490.089m
  • Shares outstanding: 260.41m
  • Website: https://www.mondadori.it

Number of Employees


Location

  • Arnoldo Mondadori Editore S.p.A.
  • Mondadori private road
  • Segrate
  • Milan
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/16 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.