LSE:MTVW

Stock Analysis Report

Executive Summary

Mountview Estates P.L.C., together with its subsidiaries, engages in the property trading and investment activities in the United Kingdom.


Snowflake Analysis

Flawless balance sheet with proven track record and pays a dividend.

Share Price & News

How has Mountview Estates's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MTVW's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.5%

MTVW

0.5%

GB Real Estate

-3.3%

GB Market


1 Year Return

-1.0%

MTVW

-20.0%

GB Real Estate

-25.0%

GB Market

Return vs Industry: MTVW exceeded the UK Real Estate industry which returned -20% over the past year.

Return vs Market: MTVW exceeded the UK Market which returned -25% over the past year.


Shareholder returns

MTVWIndustryMarket
7 Day-3.5%0.5%-3.3%
30 Day-15.7%-30.0%-19.5%
90 Day-18.2%-35.7%-28.9%
1 Year2.7%-1.0%-17.9%-20.0%-21.0%-25.0%
3 Year-3.8%-13.2%-20.8%-27.3%-14.7%-25.8%
5 Year6.4%-9.6%-15.1%-25.1%-1.5%-24.1%

Price Volatility Vs. Market

How volatile is Mountview Estates's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Mountview Estates undervalued compared to its fair value and its price relative to the market?

12.87x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MTVW (£96.5) is trading above our estimate of fair value (£49.86)

Significantly Below Fair Value: MTVW is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MTVW is poor value based on its PE Ratio (12.9x) compared to the Real Estate industry average (12.3x).

PE vs Market: MTVW is poor value based on its PE Ratio (12.9x) compared to the UK market (12.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MTVW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MTVW is overvalued based on its PB Ratio (1x) compared to the GB Real Estate industry average (0.8x).


Next Steps

Future Growth

How is Mountview Estates forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.3%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mountview Estates has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Mountview Estates performed over the past 5 years?

-4.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MTVW has high quality earnings.

Growing Profit Margin: MTVW's current net profit margins (44.8%) are higher than last year (41.4%).


Past Earnings Growth Analysis

Earnings Trend: MTVW's earnings have declined by -4.9% per year over the past 5 years.

Accelerating Growth: MTVW's earnings growth over the past year (4.8%) exceeds its 5-year average (-4.9% per year).

Earnings vs Industry: MTVW earnings growth over the past year (4.8%) exceeded the Real Estate industry -2.2%.


Return on Equity

High ROE: MTVW's Return on Equity (7.8%) is considered low.


Next Steps

Financial Health

How is Mountview Estates's financial position?


Financial Position Analysis

Short Term Liabilities: MTVW's short term assets (£395.1M) exceed its short term liabilities (£5.8M).

Long Term Liabilities: MTVW's short term assets (£395.1M) exceed its long term liabilities (£43.0M).


Debt to Equity History and Analysis

Debt Level: MTVW's debt to equity ratio (10.7%) is considered satisfactory.

Reducing Debt: MTVW's debt to equity ratio has reduced from 23% to 10.7% over the past 5 years.

Debt Coverage: MTVW's debt is well covered by operating cash flow (34.1%).

Interest Coverage: MTVW's interest payments on its debt are well covered by EBIT (32.4x coverage).


Balance Sheet

Inventory Level: MTVW has a high level of physical assets or inventory.

Debt Coverage by Assets: MTVW's debt is covered by short term assets (assets are 9.9x debt).


Next Steps

Dividend

What is Mountview Estates's current dividend yield, its reliability and sustainability?

4.15%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MTVW's dividend (4.15%) is higher than the bottom 25% of dividend payers in the UK market (2.67%).

High Dividend: MTVW's dividend (4.15%) is low compared to the top 25% of dividend payers in the UK market (7.36%).


Stability and Growth of Payments

Stable Dividend: MTVW's dividends per share have been stable in the past 10 years.

Growing Dividend: MTVW's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (53.4%), MTVW's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

5.8yrs

Average board tenure


CEO

Duncan Sinclair (72yo)

6.67s

Tenure

UK£975,000

Compensation

Mr. Duncan Morrall Sinclair, FCA, has been the Chief Executive Officer at Mountview Estates P.L.C. since 2013. Mr. Sinclair served as the Executive Chairman of Mountview Estates P.L.C. since June 5, 1990 a ...


CEO Compensation Analysis

Compensation vs Market: Duncan's total compensation ($USD1.21M) is about average for companies of similar size in the UK market ($USD1.02M).

Compensation vs Earnings: Duncan's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Duncan Sinclair
CEO & Director6.67yrsUK£975.00k13.89% £52.3m
Maria Bray
CFO, Company Secretary & Director16yrsUK£692.00k0.32% £1.2m
Mhairi Jarvis
Non-Executive Director5.75yrsUK£39.00kno data
Andrew Williams
Non-Executive Director4.33yrsUK£39.00k1.59% £6.0m
Anthony Powell
Non-Executive Independent Chairman1.08yrsUK£46.00kno data

5.8yrs

Average Tenure

58yo

Average Age

Experienced Board: MTVW's board of directors are considered experienced (5.8 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

Mountview Estates P.L.C.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mountview Estates P.L.C.
  • Ticker: MTVW
  • Exchange: LSE
  • Founded: 1937
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: UK£376.255m
  • Shares outstanding: 3.90m
  • Website: https://www.mountviewplc.co.uk

Number of Employees


Location

  • Mountview Estates P.L.C.
  • Mountview House
  • 151 High Street
  • London
  • Greater London
  • N14 6EW
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MTVWLSE (London Stock Exchange)YesOrdinary SharesGBGBPJan 1992
MTVWlBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJan 1992

Biography

Mountview Estates P.L.C., together with its subsidiaries, engages in the property trading and investment activities in the United Kingdom. It owns and acquires tenanted residential properties, and sells such properties when it becomes vacant. The company trades in regulated tenanted, assured tenancy, ground rent, and life tenancy units. Its properties are located in Belsize Park, London. The company was founded in 1937 and is based in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 21:16
End of Day Share Price2020/04/01 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.