MPC Stock Overview
Malta Properties Company p.l.c. engages in the investment and development of commercial properties in Malta.
Malta Properties Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€0.51|
|52 Week High||€0.58|
|52 Week Low||€0.50|
|1 Month Change||-0.98%|
|3 Month Change||-0.98%|
|1 Year Change||-7.34%|
|3 Year Change||-15.83%|
|5 Year Change||-1.17%|
|Change since IPO||-12.17%|
Recent News & Updates
Here's Why Malta Properties (MTSE:MPC) Has A Meaningful Debt Burden
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|MPC||MT Real Estate||MT Market|
Return vs Industry: MPC underperformed the MT Real Estate industry which returned -6.1% over the past year.
Return vs Market: MPC underperformed the MT Market which returned -5.8% over the past year.
|MPC Average Weekly Movement||n/a|
|Real Estate Industry Average Movement||5.1%|
|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 MPC's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine MPC's volatility change over the past year.
About the Company
Malta Properties Company p.l.c. engages in the investment and development of commercial properties in Malta. It owns a portfolio of office buildings and industrial properties. The company was founded in 2010 and is based in Floriana, Malta.
Malta Properties Fundamentals Summary
|MPC fundamental statistics|
Is MPC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MPC income statement (TTM)|
|Cost of Revenue||€0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.026|
|Net Profit Margin||72.62%|
How did MPC perform over the long term?See historical performance and comparison
2.4%Current Dividend Yield
Is Malta Properties undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MPC (€0.51) is trading above our estimate of fair value (€0.17)
Significantly Below Fair Value: MPC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MPC is good value based on its PE Ratio (19.3x) compared to the MT Real Estate industry average (36.5x).
PE vs Market: MPC is good value based on its PE Ratio (19.3x) compared to the MT market (24.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MPC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MPC's PB Ratio (0.9x) is in line with the MT Real Estate industry average.
How is Malta Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Malta Properties 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.
How has Malta Properties performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MPC has a large one-off gain of €2.2M impacting its December 31 2021 financial results.
Growing Profit Margin: MPC's current net profit margins (72.6%) are lower than last year (86.7%).
Past Earnings Growth Analysis
Earnings Trend: MPC's earnings have declined by 3.6% per year over the past 5 years.
Accelerating Growth: MPC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MPC had negative earnings growth (-11.2%) over the past year, making it difficult to compare to the Real Estate industry average (-0.1%).
Return on Equity
High ROE: MPC's Return on Equity (4.7%) is considered low.
How is Malta Properties's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MPC's short term assets (€20.4M) exceed its short term liabilities (€7.2M).
Long Term Liabilities: MPC's short term assets (€20.4M) do not cover its long term liabilities (€28.9M).
Debt to Equity History and Analysis
Debt Level: MPC's net debt to equity ratio (26.2%) is considered satisfactory.
Reducing Debt: MPC's debt to equity ratio has increased from 44.6% to 47.2% over the past 5 years.
Debt Coverage: MPC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MPC's interest payments on its debt are well covered by EBIT (3.6x coverage).
What is Malta Properties's current dividend yield, its reliability and sustainability?
Dividend Score 1/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MPC's dividend (2.38%) isn’t notable compared to the bottom 25% of dividend payers in the MT market (2.48%).
High Dividend: MPC's dividend (2.38%) is low compared to the top 25% of dividend payers in the MT market (5.76%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MPC has been paying a dividend for less than 10 years.
Growing Dividend: MPC's dividend payments have increased, but the company has only paid a dividend for 3 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46%), MPC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MPC is paying a dividend but the company has no free cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Mohsin Majid serves as Chief Executive Officer at Malta Properties Company p.l.c. since June 10, 2020. He serves as Deputy Chief Executive Officer of Tunisie Telecom. Mr. Majid had been Director of GO...
Experienced Board: MPC's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Malta Properties Company p.l.c.'s employee growth, exchange listings and data sources
- Name: Malta Properties Company p.l.c.
- Ticker: MPC
- Exchange: MTSE
- Founded: 2010
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Implied Market Cap: €51.162m
- Shares outstanding: 101.31m
- Website: https://maltaproperties.com.mt
Number of Employees
- Malta Properties Company p.l.c.
- The Bastions
- Triq Emvin Cremona
- FRN 1281
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/16 00:00|
|End of Day Share Price||2022/05/09 00:00|
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.