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MDAR

AS MADARA CosmeticsRISE:MDARA Stock Report

Market Cap

€103.3m

7D

0.7%

1Y

110.8%

Updated

23 Oct, 2021

Data

Company Financials +
MDARA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends2/6

MDARA Overview

AS MADARA Cosmetics, together with its subsidiaries, produces and sells natural cosmetics and personal care products under the MADARA and MOSSA brand names in the Baltic and Northern European region.

Price History & Performance

Summary of all time highs, changes and price drops for AS MADARA Cosmetics
Historical stock prices
Current Share Price€27.40
52 Week High€13.00
52 Week Low€31.20
Beta0.53
1 Month Change-4.20%
3 Month Change-6.80%
1 Year Change110.77%
3 Year Change260.53%
5 Year Changen/a
Change since IPO280.56%

Recent News & Updates

Shareholder Returns

MDARALV Personal ProductsLV Market
7D0.7%3.4%0.2%
1Y110.8%9.9%23.2%

Return vs Industry: MDARA exceeded the LV Personal Products industry which returned 9.9% over the past year.

Return vs Market: MDARA exceeded the LV Market which returned 23.2% over the past year.

Price Volatility

Is MDARA's price volatile compared to industry and market?
MDARA volatility
MDARA Beta0.53
Industry Beta0.52
Market Beta1

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

Volatility Over Time: MDARA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006181Lote Tisenkopfa-Iltnerehttps://www.madaracosmetics.com

AS MADARA Cosmetics, together with its subsidiaries, produces and sells natural cosmetics and personal care products under the MADARA and MOSSA brand names in the Baltic and Northern European region. The company offers various face and body moisturisers, high-end makeup, advanced mineral sunscreens, perfumes, active ingredient concentrates, and other beauty products. It also provides contract manufacturing services for cosmetic products.

AS MADARA Cosmetics Fundamentals Summary

How do AS MADARA Cosmetics's earnings and revenue compare to its market cap?
MDARA fundamental statistics
Market Cap€103.31m
Earnings (TTM)€3.64m
Revenue (TTM)€17.77m

28.4x

P/E Ratio

5.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MDARA income statement (TTM)
Revenue€17.77m
Cost of Revenue€5.24m
Gross Profit€12.53m
Expenses€8.88m
Earnings€3.64m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.97
Gross Margin70.50%
Net Profit Margin20.50%
Debt/Equity Ratio0%

How did MDARA perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

41%

Payout Ratio

Valuation

Is AS MADARA Cosmetics undervalued compared to its fair value and its price relative to the market?

37.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MDARA (€27.4) is trading below our estimate of fair value (€43.72)

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


Price To Earnings Ratio

PE vs Industry: MDARA is poor value based on its PE Ratio (28.4x) compared to the European Personal Products industry average (28x).

PE vs Market: MDARA is poor value based on its PE Ratio (28.4x) compared to the LV market (18.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MDARA is overvalued based on its PB Ratio (8x) compared to the XE Personal Products industry average (2.6x).


Future Growth

How is AS MADARA Cosmetics forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

12.6%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MDARA's forecast earnings growth is above the savings rate (0.6%).

Earnings vs Market: Insufficient data to determine if MDARA's earnings are forecast to grow faster than the LV market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MDARA's revenue (12.6% per year) is forecast to grow faster than the LV market (5.7% per year).

High Growth Revenue: MDARA's revenue (12.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MDARA's Return on Equity is forecast to be high in 3 years time (30.5%)


Past Performance

How has AS MADARA Cosmetics performed over the past 5 years?

30.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MDARA has a high level of non-cash earnings.

Growing Profit Margin: MDARA's current net profit margins (20.5%) are higher than last year (18.1%).


Past Earnings Growth Analysis

Earnings Trend: MDARA's earnings have grown significantly by 30.3% per year over the past 5 years.

Accelerating Growth: MDARA's earnings growth over the past year (42.2%) exceeds its 5-year average (30.3% per year).

Earnings vs Industry: MDARA earnings growth over the past year (42.2%) exceeded the Personal Products industry 13%.


Return on Equity

High ROE: MDARA's Return on Equity (28.2%) is considered high.


Financial Health

How is AS MADARA Cosmetics's financial position?


Financial Position Analysis

Short Term Liabilities: MDARA's short term assets (€11.9M) exceed its short term liabilities (€2.2M).

Long Term Liabilities: MDARA's short term assets (€11.9M) exceed its long term liabilities (€5.8K).


Debt to Equity History and Analysis

Debt Level: MDARA is debt free.

Reducing Debt: MDARA has no debt compared to 5 years ago when its debt to equity ratio was 22.8%.

Debt Coverage: MDARA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MDARA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is AS MADARA Cosmetics's current dividend yield, its reliability and sustainability?

1.46%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MDARA's dividend (1.46%) isn’t notable compared to the bottom 25% of dividend payers in the LV market (1.61%).

High Dividend: MDARA's dividend (1.46%) is low compared to the top 25% of dividend payers in the LV market (2.23%).


Stability and Growth of Payments

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

Growing Dividend: MDARA's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.4%), MDARA's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MDARA's dividends in 3 years are forecast to be well covered by earnings (43.4% payout ratio).


Next Steps

Management

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

1.3yrs

Average board tenure


CEO

Lote Tisenkopfa-Iltnere (39 yo)

no data

Tenure

Ms. Lote Tisenkopfa-Iltnere serves as Chairman of the Board and Chief Executive Officer at AS MADARA Cosmetics and has been its Member of Board since July 28, 2006. Ms. Tisenkopfa-Iltnere co-founded AS MAD...


Board Members

Experienced Board: MDARA's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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

AS MADARA Cosmetics's employee growth, exchange listings and data sources


Key Information

  • Name: AS MADARA Cosmetics
  • Ticker: MDARA
  • Exchange: RISE
  • Founded: 2006
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: €103.314m
  • Shares outstanding: 3.77m
  • Website: https://www.madaracosmetics.com

Number of Employees


Location

  • AS MADARA Cosmetics
  • 131 Zeltinu street
  • Marupe
  • 2167
  • Latvia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/23 16:30
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.