MBED

Arab Pesticides & Veterinary Drugs MfgASE:MBED Stock Report

Market Cap

د.أ35.7m

7D

5.8%

1Y

52.6%

Updated

17 Sep, 2021

Data

Company Financials
MBED fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends2/6

MBED Overview

The Arab Pesticides & Veterinary Drugs Mfg.

Price History & Performance

Summary of all time highs, changes and price drops for Arab Pesticides & Veterinary Drugs Mfg
Historical stock prices
Current Share Priceد.أ2.38
52 Week Highد.أ1.54
52 Week Lowد.أ2.45
Beta0.11
1 Month Change5.78%
3 Month Change3.66%
1 Year Change52.56%
3 Year Change87.11%
5 Year Change54.15%
Change since IPO0.16%

Recent News & Updates

Shareholder Returns

MBEDJO ChemicalsJO Market
7D5.8%-1.7%-0.4%
1Y52.6%118.4%36.5%

Return vs Industry: MBED underperformed the JO Chemicals industry which returned 118.4% over the past year.

Return vs Market: MBED exceeded the JO Market which returned 36.5% over the past year.

Price Volatility

Is MBED's price volatile compared to industry and market?
MBED volatility
MBED Beta0.11
Industry Beta0.78
Market Beta1

Stable Share Price: MBED is less volatile than 75% of JO stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: MBED's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991n/aMohammad Oaishttps://www.mobedco.com

The Arab Pesticides & Veterinary Drugs Mfg. PLC, together with its subsidiaries, manufactures and sells pesticides and veterinary medicines in Jordan and internationally. The company offers agricultural pesticides, such as insecticides, fungicides, miticides, nematicides, rodenticides, summer oils, fly baits, and herbicides, as well as public health products.

Arab Pesticides & Veterinary Drugs Mfg Fundamentals Summary

How do Arab Pesticides & Veterinary Drugs Mfg's earnings and revenue compare to its market cap?
MBED fundamental statistics
Market Capد.أ35.70m
Earnings (TTM)د.أ3.05m
Revenue (TTM)د.أ23.28m

11.7x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MBED income statement (TTM)
Revenueد.أ23.28m
Cost of Revenueد.أ15.64m
Gross Profitد.أ7.64m
Expensesد.أ4.59m
Earningsد.أ3.05m

Last Reported Earnings

Sep 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0.20
Gross Margin32.82%
Net Profit Margin13.11%
Debt/Equity Ratio14.7%

How did MBED perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

47%

Payout Ratio

Valuation

Is Arab Pesticides & Veterinary Drugs Mfg undervalued compared to its fair value and its price relative to the market?

11.7x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MBED (JOD2.38) is trading above our estimate of fair value (JOD0.56)

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


Price To Earnings Ratio

PE vs Industry: MBED is good value based on its PE Ratio (11.7x) compared to the JO Chemicals industry average (13x).

PE vs Market: MBED is good value based on its PE Ratio (11.7x) compared to the JO market (13.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MBED's PB Ratio (1.7x) is in line with the JO Chemicals industry average.


Future Growth

How is Arab Pesticides & Veterinary Drugs Mfg forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.8%

Forecasted Materials 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 Arab Pesticides & Veterinary Drugs Mfg 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.


Past Performance

How has Arab Pesticides & Veterinary Drugs Mfg performed over the past 5 years?

7.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MBED has high quality earnings.

Growing Profit Margin: MBED's current net profit margins (13.1%) are higher than last year (12%).


Past Earnings Growth Analysis

Earnings Trend: MBED's earnings have grown by 7.7% per year over the past 5 years.

Accelerating Growth: MBED's earnings growth over the past year (32.3%) exceeds its 5-year average (7.7% per year).

Earnings vs Industry: MBED earnings growth over the past year (32.3%) underperformed the Chemicals industry 40.6%.


Return on Equity

High ROE: MBED's Return on Equity (15.9%) is considered low.


Financial Health

How is Arab Pesticides & Veterinary Drugs Mfg's financial position?


Financial Position Analysis

Short Term Liabilities: MBED's short term assets (JOD26.6M) exceed its short term liabilities (JOD6.6M).

Long Term Liabilities: MBED's short term assets (JOD26.6M) exceed its long term liabilities (JOD573.3K).


Debt to Equity History and Analysis

Debt Level: MBED's debt to equity ratio (14.7%) is considered satisfactory.

Reducing Debt: MBED's debt to equity ratio has reduced from 23.2% to 14.7% over the past 5 years.

Debt Coverage: MBED's debt is well covered by operating cash flow (38.7%).

Interest Coverage: MBED's interest payments on its debt are well covered by EBIT (20.5x coverage).


Balance Sheet


Dividend

What is Arab Pesticides & Veterinary Drugs Mfg current dividend yield, its reliability and sustainability?

3.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MBED's dividend (3.36%) isn’t notable compared to the bottom 25% of dividend payers in the JO market (3.5%).

High Dividend: MBED's dividend (3.36%) is low compared to the top 25% of dividend payers in the JO market (6.7%).


Stability and Growth of Payments

Stable Dividend: MBED's dividend payments have been volatile in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (47.3%), MBED's dividend payments are well 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?

12.4yrs

Average board tenure


CEO

Mohammad Oais (61 yo)

30.67yrs

Tenure

د.أ5,000

Compensation

Mr. Mohammad Aqal Saleem Oais serves as President of Delta Financial Investments Company, Saudi Delta Chemical Industries and KSA. Mr. Oais has been the General Manager and Director of The Arab Pesticides...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Mohammad's total compensation is reasonable compared to companies of similar size in the JO market.

Compensation vs Earnings: Insufficient data to compare Mohammad's compensation with company performance.


Board Members

Experienced Board: MBED's board of directors are seasoned and experienced ( 12.4 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

The Arab Pesticides & Veterinary Drugs Mfg. PLC's employee growth, exchange listings and data sources


Key Information

  • Name: The Arab Pesticides & Veterinary Drugs Mfg. PLC
  • Ticker: MBED
  • Exchange: ASE
  • Founded: 1991
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: د.أ35.700m
  • Shares outstanding: 15.00m
  • Website: https://www.mobedco.com

Location

  • The Arab Pesticides & Veterinary Drugs Mfg. PLC
  • Al Hussainy Complex
  • Zahran Street
  • Amman
  • Jordan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 11:31
End of Day Share Price2021/09/16 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.