MPICO plc engages in the ownership, development, rental, and management of commercial, residential, and industrial properties in Malawi.
Price History & Performance
|Historical stock prices|
|Current Share Price||MK21.00|
|52 Week High||MK0|
|52 Week Low||MK0|
|1 Month Change||0%|
|3 Month Change||31.25%|
|1 Year Change||-12.24%|
|3 Year Change||7.69%|
|5 Year Change||151.50%|
|Change since IPO||600.00%|
Recent News & Updates
|MPICO||MW Real Estate||MW Market|
Return vs Industry: MPICO underperformed the MW Real Estate industry which returned 33.6% over the past year.
Return vs Market: MPICO underperformed the MW Market which returned 26.5% over the past year.
Stable Share Price: Insufficient data to determine MPICO's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine MPICO's volatility change over the past year.
About the Company
MPICO plc engages in the ownership, development, rental, and management of commercial, residential, and industrial properties in Malawi. The company has 28 investment properties in Malawi, primarily in Lilongwe and Blantyre. It rents its properties to the government and the private sector.
MPICO Fundamentals Summary
|MPICO fundamental statistics|
Is MPICO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MPICO income statement (TTM)|
|Cost of Revenue||MK2.87b|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||1.84|
|Net Profit Margin||64.05%|
How did MPICO perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is MPICO undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MPICO (MWK21) is trading above our estimate of fair value (MWK1.87)
Significantly Below Fair Value: MPICO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MPICO is good value based on its PE Ratio (11.4x) compared to the African Real Estate industry average (13.6x).
PE vs Market: MPICO is good value based on its PE Ratio (11.4x) compared to the MW market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MPICO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MPICO is overvalued based on its PB Ratio (1.1x) compared to the XF Real Estate industry average (1x).
How is MPICO forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 MPICO 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 MPICO performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MPICO has a large one-off gain of MWK5.0B impacting its December 31 2020 financial results.
Growing Profit Margin: MPICO's current net profit margins (64.1%) are lower than last year (81.6%).
Past Earnings Growth Analysis
Earnings Trend: MPICO's earnings have grown significantly by 34% per year over the past 5 years.
Accelerating Growth: MPICO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MPICO had negative earnings growth (-24.6%) over the past year, making it difficult to compare to the Real Estate industry average (0.5%).
Return on Equity
High ROE: MPICO's Return on Equity (6.8%) is considered low.
How is MPICO's financial position?
Financial Position Analysis
Short Term Liabilities: MPICO's short term assets (MWK11.8B) exceed its short term liabilities (MWK2.9B).
Long Term Liabilities: MPICO's short term assets (MWK11.8B) do not cover its long term liabilities (MWK13.4B).
Debt to Equity History and Analysis
Debt Level: MPICO's debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: MPICO's debt to equity ratio has reduced from 98.5% to 9% over the past 5 years.
Debt Coverage: MPICO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MPICO earns more interest than it pays, so coverage of interest payments is not a concern.
What is MPICO current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MPICO's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the MW market (1.43%).
High Dividend: MPICO's dividend (1.14%) is low compared to the top 25% of dividend payers in the MW market (4.8%).
Stability and Growth of Payments
Stable Dividend: MPICO is not paying a notable dividend for the MW market, therefore no need to check if payments are stable.
Growing Dividend: MPICO is not paying a notable dividend for the MW market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MPICO is not paying a notable dividend for the MW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MPICO's dividend in 3 years as they are not forecast to pay a notable one for the MW market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Damien Kafoteka serves as the Managing Director and Director of MPICO plc and its subsidiaries. Mr. Kafoteka served as Finance Director of Old Mutual Malawi Limited. His experience in executive managem...
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.
MPICO plc's employee growth, exchange listings and data sources
- Name: MPICO plc
- Ticker: MPICO
- Exchange: MAL
- Founded: 1972
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: MK48.259b
- Shares outstanding: 2.30b
- Website: https://www.mpicomw.com
Number of Employees
- MPICO plc
- Old Mutual House
- Robert Mugabe Crescent
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 17:04|
|End of Day Share Price||2021/10/22 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.