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MUAL

MUAMUSE:MUAL.N0000 Stock Report

Market Cap

MU₨6.4b

7D

0%

1Y

47.9%

Updated

25 Oct, 2021

Data

Company Financials
MUAL.N0000 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends4/6

MUAL.N0000 Overview

MUA Ltd, together with its subsidiaries, provides various financial services for individuals and corporates in Mauritius and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for MUA
Historical stock prices
Current Share PriceMU₨125.00
52 Week HighMU₨84.50
52 Week LowMU₨125.00
Beta0.33
1 Month Change4.17%
3 Month Change10.38%
1 Year Change47.93%
3 Year Change79.86%
5 Year Change97.63%
Change since IPO1,639.87%

Recent News & Updates

Shareholder Returns

MUAL.N0000MU InsuranceMU Market
7D0%0.3%0.8%
1Y47.9%20.6%14.8%

Return vs Industry: MUAL.N0000 exceeded the MU Insurance industry which returned 19.2% over the past year.

Return vs Market: MUAL.N0000 exceeded the MU Market which returned 14.7% over the past year.

Price Volatility

Is MUAL.N0000's price volatile compared to industry and market?
MUAL.N0000 volatility
MUAL.N0000 Beta0.33
Industry Beta0.81
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1948825Bertrand Castereshttps://www.mua.mu/site

MUA Ltd, together with its subsidiaries, provides various financial services for individuals and corporates in Mauritius and internationally. It offers casualty insurance products, including motor, liability, cash in transit, personal accident, and health; property insurance products, such as fire and allied perils, engineering, marine, and all risks; and life and pension insurance products, as well as reinsurance products. The company also provides stock-broking, pension fund administration, insurance management, and mutual funds investment services.

MUA Fundamentals Summary

How do MUA's earnings and revenue compare to its market cap?
MUAL.N0000 fundamental statistics
Market CapMU₨6.36b
Earnings (TTM)MU₨404.58m
Revenue (TTM)MU₨5.24b

15.7x

P/E Ratio

1.2x

P/S Ratio

Is MUAL.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MUAL.N0000 income statement (TTM)
RevenueMU₨5.24b
Cost of RevenueMU₨3.60b
Gross ProfitMU₨1.64b
ExpensesMU₨1.23b
EarningsMU₨404.58m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)7.96
Gross Margin31.26%
Net Profit Margin7.72%
Debt/Equity Ratio18.2%

How did MUAL.N0000 perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

34%

Payout Ratio

Valuation

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

15.71x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MUAL.N0000 (MUR125) is trading above our estimate of fair value (MUR21.87)

Significantly Below Fair Value: MUAL.N0000 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MUAL.N0000 is poor value based on its PE Ratio (15.7x) compared to the African Insurance industry average (7.5x).

PE vs Market: MUAL.N0000 is poor value based on its PE Ratio (15.7x) compared to the MU market (14.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MUAL.N0000 is overvalued based on its PB Ratio (1.7x) compared to the XF Insurance industry average (0.9x).


Future Growth

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

27.0%

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 MUA 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 MUA performed over the past 5 years?

15.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MUAL.N0000 has high quality earnings.

Growing Profit Margin: MUAL.N0000's current net profit margins (7.7%) are lower than last year (7.9%).


Past Earnings Growth Analysis

Earnings Trend: MUAL.N0000's earnings have grown by 15% per year over the past 5 years.

Accelerating Growth: MUAL.N0000's earnings growth over the past year (12.3%) is below its 5-year average (15% per year).

Earnings vs Industry: MUAL.N0000 earnings growth over the past year (12.3%) underperformed the Insurance industry 18.2%.


Return on Equity

High ROE: MUAL.N0000's Return on Equity (9.2%) is considered low.


Financial Health

How is MUA's financial position?


Financial Position Analysis

Short Term Liabilities: MUAL.N0000's short term assets (MUR6.6B) exceed its short term liabilities (MUR1.4B).

Long Term Liabilities: MUAL.N0000's short term assets (MUR6.6B) do not cover its long term liabilities (MUR14.9B).


Debt to Equity History and Analysis

Debt Level: MUAL.N0000's debt to equity ratio (18.2%) is considered satisfactory.

Reducing Debt: MUAL.N0000's debt to equity ratio has increased from 13.7% to 18.2% over the past 5 years.

Debt Coverage: MUAL.N0000's debt is well covered by operating cash flow (128.7%).

Interest Coverage: MUAL.N0000's interest payments on its debt are well covered by EBIT (14.4x coverage).


Balance Sheet


Dividend

What is MUA current dividend yield, its reliability and sustainability?

2.26%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MUAL.N0000's dividend (2.26%) is higher than the bottom 25% of dividend payers in the MU market (2.05%).

High Dividend: MUAL.N0000's dividend (2.26%) is low compared to the top 25% of dividend payers in the MU market (3.47%).


Stability and Growth of Payments

Stable Dividend: MUAL.N0000's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.9%), MUAL.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?

4.8yrs

Average management tenure


CEO

Bertrand Casteres (43 yo)

6.75yrs

Tenure

Mr. Bertrand Casteres has been Group Chief Executive Officer of The Mauritius Union Assurance Company Limited since January 2015. Mr. Casteres served as the Head of Internal Audit at The Mauritius Union As...


Leadership Team

Experienced Management: MUAL.N0000's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: MUAL.N0000's board of directors are considered experienced (6.6 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 been diluted in the past year, with total shares outstanding growing by 12.8%.


Top Shareholders

Company Information

MUA Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: MUA Ltd
  • Ticker: MUAL.N0000
  • Exchange: MUSE
  • Founded: 1948
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: MU₨6.356b
  • Shares outstanding: 50.85m
  • Website: https://www.mua.mu/site

Number of Employees


Location

  • MUA Ltd
  • 4, Léoville L’Homme Street
  • 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 Analysis2021/10/25 16:48
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.