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MBL.

Phoenix BeveragesMUSE:MBL.N0000 Stock Report

Market Cap

MU₨10.0b

7D

0.5%

1Y

5.2%

Updated

20 Oct, 2021

Data

Company Financials
MBL.N0000 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends2/6

MBL.N0000 Overview

Phoenix Beverages Limited, together with its subsidiaries, engages in production and sale of alcoholic and non-alcoholic products in Mauritius.

Rewards

Trading at 31.5% below our estimate of its fair value

Earnings have grown 8.9% per year over the past 5 years

Risk Analysis

No risks detected for MBL.N0000 from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for Phoenix Beverages
Historical stock prices
Current Share PriceMU₨610.00
52 Week HighMU₨573.00
52 Week LowMU₨610.00
Beta0.17
1 Month Change1.67%
3 Month Change2.52%
1 Year Change5.17%
3 Year Change4.45%
5 Year Change41.86%
Change since IPO916.67%

Recent News & Updates

Shareholder Returns

MBL.N0000MU BeverageMU Market
7D0.5%-0.2%0.3%
1Y5.2%21.5%14.2%

Return vs Industry: MBL.N0000 underperformed the MU Beverage industry which returned 23.9% over the past year.

Return vs Market: MBL.N0000 underperformed the MU Market which returned 14.2% over the past year.

Price Volatility

Is MBL.N0000's price volatile compared to industry and market?
MBL.N0000 volatility
MBL.N0000 Beta0.17
Industry Beta0.68
Market Beta1

Stable Share Price: MBL.N0000 is less volatile than 75% of MU stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: MBL.N0000's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19601,685Bernard Theyshttps://www.phoenixbev.mu

Phoenix Beverages Limited, together with its subsidiaries, engages in production and sale of alcoholic and non-alcoholic products in Mauritius. The company offers beers, wines and spirits, spirit coolers, carbonated soft drinks, energy and health drinks, table water, and other beverages. It also operates as the authorized bottler of the products of The Coca-Cola Company in Mauritius, such as Coca-Cola, Fanta, Sprite, Schweppes, Dasani, and Crystal table water.

Phoenix Beverages Fundamentals Summary

How do Phoenix Beverages's earnings and revenue compare to its market cap?
MBL.N0000 fundamental statistics
Market CapMU₨10.03b
Earnings (TTM)MU₨532.66m
Revenue (TTM)MU₨7.87b

18.8x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MBL.N0000 income statement (TTM)
RevenueMU₨7.87b
Cost of RevenueMU₨0
Gross ProfitMU₨7.87b
ExpensesMU₨7.34b
EarningsMU₨532.66m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)32.39
Gross Margin100.00%
Net Profit Margin6.77%
Debt/Equity Ratio0.0%

How did MBL.N0000 perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

40%

Payout Ratio

Valuation

Is Phoenix Beverages undervalued compared to its fair value and its price relative to the market?

31.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MBL.N0000 (MUR610) is trading below our estimate of fair value (MUR891.12)

Significantly Below Fair Value: MBL.N0000 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MBL.N0000 is good value based on its PE Ratio (18.8x) compared to the African Beverage industry average (27.6x).

PE vs Market: MBL.N0000 is poor value based on its PE Ratio (18.8x) compared to the MU market (14.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MBL.N0000's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MBL.N0000 is good value based on its PB Ratio (2x) compared to the XF Beverage industry average (2.4x).


Future Growth

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

21.8%

Forecasted Food, Beverage & Tobacco 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 Phoenix Beverages 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 Phoenix Beverages performed over the past 5 years?

8.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MBL.N0000 has high quality earnings.

Growing Profit Margin: MBL.N0000's current net profit margins (6.8%) are higher than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: MBL.N0000's earnings have grown by 8.9% per year over the past 5 years.

Accelerating Growth: MBL.N0000's earnings growth over the past year (19.4%) exceeds its 5-year average (8.9% per year).

Earnings vs Industry: MBL.N0000 earnings growth over the past year (19.4%) underperformed the Beverage industry 19.7%.


Return on Equity

High ROE: MBL.N0000's Return on Equity (10.5%) is considered low.


Financial Health

How is Phoenix Beverages's financial position?


Financial Position Analysis

Short Term Liabilities: MBL.N0000's short term assets (MUR2.2B) exceed its short term liabilities (MUR1.5B).

Long Term Liabilities: MBL.N0000's short term assets (MUR2.2B) exceed its long term liabilities (MUR1.1B).


Debt to Equity History and Analysis

Debt Level: MBL.N0000 is debt free.

Reducing Debt: MBL.N0000 has no debt compared to 5 years ago when its debt to equity ratio was 30.2%.

Debt Coverage: MBL.N0000 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MBL.N0000 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Phoenix Beverages's current dividend yield, its reliability and sustainability?

2.10%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MBL.N0000's dividend (2.1%) isn’t notable compared to the bottom 25% of dividend payers in the MU market (2.1%).

High Dividend: MBL.N0000's dividend (2.1%) is low compared to the top 25% of dividend payers in the MU market (3.53%).


Stability and Growth of Payments

Stable Dividend: MBL.N0000's dividend payments have been volatile in the past 10 years.

Growing Dividend: MBL.N0000's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.5%), MBL.N0000'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?

6.9yrs

Average management tenure


CEO

Bernard Theys (56 yo)

no data

Tenure

Mr. Bernard Theys serves as Chief Executive Officer of Phoenix Beverages Limited and Phoenix Investment Company Limited. Mr. Theys served different General Management roles in the Brewery industry where he...


Leadership Team

Experienced Management: MBL.N0000's management team is seasoned and experienced (6.9 years average tenure).


Board Members

Experienced Board: MBL.N0000's board of directors are considered experienced (8.2 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

Phoenix Beverages Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Phoenix Beverages Limited
  • Ticker: MBL.N0000
  • Exchange: MUSE
  • Founded: 1960
  • Industry: Brewers
  • Sector: Food, Beverage & Tobacco
  • Market Cap: MU₨10.033b
  • Shares outstanding: 16.45m
  • Website: https://www.phoenixbev.mu

Number of Employees


Location

  • Phoenix Beverages Limited
  • Phoenix House
  • Pont Fer
  • Phoenix
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:25
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.