Malita Investments (MTSE:MLT) - Share price, News & Analysis

MLT fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	2/6

MLT Stock Overview

Malita Investments p.l.c. finances, acquires, develops, manages, and operates immovable properties in Malta.

Risk Analysis

Earnings have declined by 13.1% per year over past 5 years

Debt is not well covered by operating cash flow

Shares are highly illiquid

Dividend of 4.79% is not well covered by earnings

Malita Investments Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Malita Investments
Historical stock prices
Current Share Price	€0.73
52 Week High	€0.87
52 Week Low	€0.73
Beta	0.44
1 Month Change	-3.95%
3 Month Change	-7.60%
1 Year Change	-18.89%
3 Year Change	-12.05%
5 Year Change	1.39%
Change since IPO	40.39%

Recent News & Updates

Aug 27

Malita Investments (MTSE:MLT) Is Due To Pay A Dividend Of €0.011

Malita Investments p.l.c. ( MTSE:MLT ) will pay a dividend of €0.011 on the 24th of September. Based on this payment...

Shareholder Returns

	MLT	MT Real Estate	MT Market
7D	-2.7%	-1.1%	-2.2%
1Y	-18.9%	-9.0%	-7.3%

Return vs Industry: MLT underperformed the MT Real Estate industry which returned -9.8% over the past year.

Return vs Market: MLT underperformed the MT Market which returned -7% over the past year.

Price Volatility

Is MLT's price volatile compared to industry and market?
MLT volatility
MLT Average Weekly Movement	n/a
Real Estate Industry Average Movement	5.0%
Market Average Movement	6.5%
10% most volatile stocks in MT Market	11.9%
10% least volatile stocks in MT Market	3.6%

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

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

About the Company

Founded	Employees	CEO	Website
2011	4	Jennifer Falzon	https://www.malitainvestments.com

Malita Investments p.l.c. finances, acquires, develops, manages, and operates immovable properties in Malta. Its investment properties include the Malta International Airport and Valletta Cruise Port properties, as well as the Parliament Building and Open Air Theatre in Malta. The company also invests in local stocks and shares.

Malita Investments Fundamentals Summary

How do Malita Investments's earnings and revenue compare to its market cap?
MLT fundamental statistics
Market Cap	€108.12m
Earnings (TTM)	-€20.02m
Revenue (TTM)	€20.34m

5.3x

P/S Ratio

-5.4x

P/E Ratio

Is MLT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MLT income statement (TTM)
Revenue	€20.34m
Cost of Revenue	€11.75m
Gross Profit	€8.58m
Other Expenses	€28.61m
Earnings	-€20.02m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.14
Gross Margin	42.21%
Net Profit Margin	-98.46%
Debt/Equity Ratio	52.2%

How did MLT perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

-26%

Payout Ratio

Does MLT pay a reliable dividends?

See MLT dividend history and benchmarks

When do you need to buy MLT by to receive an upcoming dividend?
Malita Investments dividend dates
Ex Dividend Date	May 16 2022
Dividend Pay Date	Jun 23 2022
Days until Ex dividend	3 days
Days until Dividend pay date	41 days

Does MLT pay a reliable dividends?

See MLT dividend history and benchmarks

Valuation

Is Malita Investments undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

0.77x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: MLT (€0.73) is trading above our estimate of fair value (€0.48)

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

Price To Earnings Ratio

PE vs Industry: MLT is unprofitable, so we can't compare its PE Ratio to the MT Real Estate industry average.

PE vs Market: MLT is unprofitable, so we can't compare its PE Ratio to the MT market.

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: MLT's PB Ratio (0.8x) is in line with the MT Real Estate industry average.

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-12.0%

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 Malita Investments 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 Malita Investments performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-13.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MLT is currently unprofitable.

Growing Profit Margin: MLT is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: MLT is unprofitable, and losses have increased over the past 5 years at a rate of 13.1% per year.

Accelerating Growth: Unable to compare MLT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MLT is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-0.1%).

Return on Equity

High ROE: MLT has a negative Return on Equity (-14.23%), as it is currently unprofitable.

Financial Health

How is Malita Investments's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: MLT's short term assets (€11.4M) exceed its short term liabilities (€7.2M).

Long Term Liabilities: MLT's short term assets (€11.4M) do not cover its long term liabilities (€95.5M).

Debt to Equity History and Analysis

Debt Level: MLT's net debt to equity ratio (44.4%) is considered high.

Reducing Debt: MLT's debt to equity ratio has increased from 34.6% to 52.2% over the past 5 years.

Debt Coverage: MLT's debt is not well covered by operating cash flow (7.9%).

Interest Coverage: MLT's interest payments on its debt are well covered by EBIT (22.4x coverage).

Balance Sheet

Dividend

What is Malita Investments's current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

4.79%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: MLT's dividend (4.79%) is higher than the bottom 25% of dividend payers in the MT market (2.43%).

High Dividend: MLT's dividend (4.79%) is low compared to the top 25% of dividend payers in the MT market (5.64%).

Stability and Growth of Payments

Stable Dividend: MLT has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: MLT's dividend payments have increased, but the company has only paid a dividend for 9 years.

Earnings Payout to Shareholders

Earnings Coverage: MLT is paying a dividend but the company is unprofitable.

Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (89.3%), MLT's dividend payments are covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Real Estate industry.

Management

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

4.5yrs

Average board tenure

CEO

Jennifer Falzon

1.33yrs

Tenure

Ms. Jennifer Falzon has been the Chief Executive Officer of Malita Investments PLC since January 01, 2021 and served as its Chief Financial Officer from June 1, 2015 to January 01, 2021. Ms. Falzon was an...

Board Members

Experienced Board: MLT's board of directors are considered experienced (4.5 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/11 00:00
End of Day Share Price	2022/05/11 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31