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MOR.

Mauritius Oil RefineriesMUSE:MOR.N0000 Stock Report

Market Cap

MU₨678.9m

7D

0%

1Y

2.0%

Updated

13 Oct, 2021

Data

Company Financials
MOR.N0000 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends0/6

MOR.N0000 Overview

Mauritius Oil Refineries Limited engages in refining and marketing crude edible oil in Mauritius.

Price History & Performance

Summary of all time highs, changes and price drops for Mauritius Oil Refineries
Historical stock prices
Current Share PriceMU₨20.40
52 Week HighMU₨18.10
52 Week LowMU₨23.00
Beta0.37
1 Month Change1.49%
3 Month Change3.29%
1 Year Change2.00%
3 Year Change-34.19%
5 Year Change-25.55%
Change since IPO518.24%

Recent News & Updates

Shareholder Returns

MOR.N0000MU FoodMU Market
7D0%2.0%2.7%
1Y2.0%62.6%13.4%

Return vs Industry: MOR.N0000 underperformed the MU Food industry which returned 63.4% over the past year.

Return vs Market: MOR.N0000 underperformed the MU Market which returned 13.3% over the past year.

Price Volatility

Is MOR.N0000's price volatile compared to industry and market?
MOR.N0000 volatility
MOR.N0000 Beta0.37
Industry Beta0.32
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1968n/aMarie Daniel Andre Espitalier Noelhttps://www.moroil.mu

Mauritius Oil Refineries Limited engages in refining and marketing crude edible oil in Mauritius. The company operates through three segments: Oil Products, Metal Cans & Plastic Containers, and Imported Food Products. It offers sunflower, soya, and vegetable oils under the Moroil brand; olive, sunflower, soya, rape seed, maize, canola, oleisol, grapeseed, pizza, and sesame oil, as well as mayonnaise, salad dressings, sauces, mustard, and ketchup under the Lesieur brand; and olive oils and vinaigrettes under the Puget brand.

Mauritius Oil Refineries Fundamentals Summary

How do Mauritius Oil Refineries's earnings and revenue compare to its market cap?
MOR.N0000 fundamental statistics
Market CapMU₨678.92m
Earnings (TTM)MU₨44.54m
Revenue (TTM)MU₨1.16b

15.2x

P/E Ratio

0.6x

P/S Ratio

Valuation

Is Mauritius Oil Refineries undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MOR.N0000 (MUR20.4) is trading below our estimate of fair value (MUR58.49)

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


Price To Earnings Ratio

PE vs Industry: MOR.N0000 is poor value based on its PE Ratio (15.2x) compared to the MU Food industry average (12.5x).

PE vs Market: MOR.N0000 is poor value based on its PE Ratio (15.2x) compared to the MU market (14.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MOR.N0000 is overvalued based on its PB Ratio (1.9x) compared to the MU Food industry average (0.9x).


Future Growth

How is Mauritius Oil Refineries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.2%

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 Mauritius Oil Refineries 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 Mauritius Oil Refineries performed over the past 5 years?

-17.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MOR.N0000 has high quality earnings.

Growing Profit Margin: MOR.N0000's current net profit margins (3.8%) are higher than last year (2.1%).


Past Earnings Growth Analysis

Earnings Trend: MOR.N0000's earnings have declined by 17.5% per year over the past 5 years.

Accelerating Growth: MOR.N0000's earnings growth over the past year (110.2%) exceeds its 5-year average (-17.5% per year).

Earnings vs Industry: MOR.N0000 earnings growth over the past year (110.2%) exceeded the Food industry 8%.


Return on Equity

High ROE: MOR.N0000's Return on Equity (12.8%) is considered low.


Financial Health

How is Mauritius Oil Refineries's financial position?


Financial Position Analysis

Short Term Liabilities: MOR.N0000's short term assets (MUR749.0M) exceed its short term liabilities (MUR631.4M).

Long Term Liabilities: MOR.N0000's short term assets (MUR749.0M) exceed its long term liabilities (MUR210.1M).


Debt to Equity History and Analysis

Debt Level: MOR.N0000's debt to equity ratio (169.4%) is considered high.

Reducing Debt: MOR.N0000's debt to equity ratio has increased from 23.1% to 169.4% over the past 5 years.

Debt Coverage: MOR.N0000's debt is not well covered by operating cash flow (16.7%).

Interest Coverage: MOR.N0000's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Dividend

What is Mauritius Oil Refineries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MOR.N0000's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MOR.N0000's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MOR.N0000's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MOR.N0000's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: MOR.N0000 is not paying a notable dividend for the MU market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MOR.N0000's dividend in 3 years as they are not forecast to pay a notable one for the MU market.


Next Steps

Management

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

15.9yrs

Average board tenure


CEO

Marie Daniel Andre Espitalier Noel (59 yo)

6.75yrs

Tenure

Mr. Marie Daniel Paul Andre Espitalier Noel has been Managing Director of Mauritius Oil Refineries Ltd. since January 01, 2015 and has been its Executive Director since March 31, 2007. He served as the Man...


Board Members

Experienced Board: MOR.N0000's board of directors are seasoned and experienced ( 15.9 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

Mauritius Oil Refineries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Mauritius Oil Refineries Limited
  • Ticker: MOR.N0000
  • Exchange: MUSE
  • Founded: 1968
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: MU₨678.917m
  • Shares outstanding: 33.28m
  • Website: https://www.moroil.mu

Number of Employees


Location

  • Mauritius Oil Refineries Limited
  • Quay Road
  • Port Louis
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/13 15:42
End of Day Share Price2021/10/13 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.