| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
MMS Stock Overview
MAPFRE Middlesea p.l.c. provides insurance services to individuals and businesses in Malta.
MAPFRE Middlesea Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €1.98 |
| 52 Week High | €2.40 |
| 52 Week Low | €1.75 |
| Beta | -0.0060 |
| 1 Month Change | -1.00% |
| 3 Month Change | -10.00% |
| 1 Year Change | n/a |
| 3 Year Change | -12.39% |
| 5 Year Change | 1.49% |
| Change since IPO | 31.38% |
Recent News & Updates
Shareholder Returns
| MMS | MT Insurance | MT Market | |
|---|---|---|---|
| 7D | 5.3% | -1.0% | 0.9% |
| 1Y | n/a | -5.0% | -6.6% |
Return vs Industry: Insufficient data to determine how MMS performed against the MT Insurance industry.
Return vs Market: Insufficient data to determine how MMS performed against the MT Market.
Price Volatility
| MMS volatility | |
|---|---|
| MMS Average Weekly Movement | n/a |
| Insurance Industry Average Movement | 5.0% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in MT Market | 12.0% |
| 10% least volatile stocks in MT Market | 3.6% |
Stable Share Price: Insufficient data to determine MMS's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine MMS's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 279 | Javier González | https://www.middlesea.com |
MAPFRE Middlesea p.l.c. provides insurance services to individuals and businesses in Malta. It operates in two segments, General Business and Long-Term Business. The company offers motor, home, travel, health, boat, wedding, pet, and other insurance products.
MAPFRE Middlesea Fundamentals Summary
| MMS fundamental statistics | |
|---|---|
| Market Cap | €182.16m |
| Earnings (TTM) | €9.12m |
| Revenue (TTM) | €389.07m |
20.0x
P/E Ratio0.5x
P/S RatioIs MMS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MMS income statement (TTM) | |
|---|---|
| Revenue | €389.07m |
| Cost of Revenue | €265.70m |
| Gross Profit | €123.37m |
| Other Expenses | €114.25m |
| Earnings | €9.12m |
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.099 |
| Gross Margin | 31.71% |
| Net Profit Margin | 2.34% |
| Debt/Equity Ratio | 0% |
How did MMS perform over the long term?
See historical performance and comparisonDividends
2.6%
Current Dividend Yield53%
Payout RatioValuation
Is MAPFRE Middlesea undervalued compared to its fair value and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
19.97x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MMS (€1.98) is trading above our estimate of fair value (€1.65)
Significantly Below Fair Value: MMS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MMS is poor value based on its PE Ratio (20x) compared to the European Insurance industry average (10.8x).
PE vs Market: MMS is good value based on its PE Ratio (20x) compared to the MT market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MMS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MMS is overvalued based on its PB Ratio (1.8x) compared to the XE Insurance industry average (1x).
Future Growth
How is MAPFRE Middlesea forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
9.5%
Forecasted Insurance 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 MAPFRE Middlesea 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 MAPFRE Middlesea performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-5.3%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: MMS has high quality earnings.
Growing Profit Margin: MMS's current net profit margins (2.3%) are higher than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MMS's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: MMS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MMS had negative earnings growth (-5.3%) over the past year, making it difficult to compare to the Insurance industry average (19.6%).
Return on Equity
High ROE: MMS's Return on Equity (7.9%) is considered low.
Financial Health
How is MAPFRE Middlesea's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: MMS's short term assets (€2.2B) exceed its short term liabilities (€102.1M).
Long Term Liabilities: MMS's short term assets (€2.2B) do not cover its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: MMS is debt free.
Reducing Debt: MMS has not had any debt for past 5 years.
Debt Coverage: MMS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MMS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is MAPFRE Middlesea current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.65%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MMS's dividend (2.65%) is higher than the bottom 25% of dividend payers in the MT market (2.44%).
High Dividend: MMS's dividend (2.65%) is low compared to the top 25% of dividend payers in the MT market (5.63%).
Stability and Growth of Payments
Stable Dividend: MMS's dividend payments have been volatile in the past 10 years.
Growing Dividend: MMS's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.9%), MMS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average management tenure
CEO
Javier González
1.08yrs
Tenure
Mr. Javier Moreno González serves as Chief Executive Officer of MAPFRE Middlesea (Malta) at MAPFRE SA since April 1, 2021. He serves as the President, Chief Executive Officer and Director of MAPFRE Middles...
Leadership Team
Experienced Management: MMS's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
Experienced Board: MMS's board of directors are not considered experienced ( 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
MAPFRE Middlesea p.l.c.'s employee growth, exchange listings and data sources
Key Information
- Name: MAPFRE Middlesea p.l.c.
- Ticker: MMS
- Exchange: MTSE
- Founded: NaN
- Industry: Multi-line Insurance
- Sector: Insurance
- Implied Market Cap: €182.160m
- Shares outstanding: 92.00m
- Website: https://www.middlesea.com
Number of Employees
Location
- MAPFRE Middlesea p.l.c.
- Middle Sea House
- Floriana
- FRN 1442
- Malta
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/20 00:00 |
| End of Day Share Price | 2022/05/17 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.