MCK Stock Overview
Millennium & Copthorne Hotels New Zealand Limited owns, operates, manages, leases, and franchises hotels in New Zealand and Australia.
Millennium & Copthorne Hotels New Zealand Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$2.10|
|52 Week High||NZ$2.60|
|52 Week Low||NZ$2.10|
|1 Month Change||-5.83%|
|3 Month Change||-16.00%|
|1 Year Change||-12.13%|
|3 Year Change||-23.64%|
|5 Year Change||-24.73%|
|Change since IPO||950.06%|
Recent News & Updates
|MCK||NZ Hospitality||NZ Market|
Return vs Industry: MCK exceeded the NZ Hospitality industry which returned -19.4% over the past year.
Return vs Market: MCK exceeded the NZ Market which returned -17.1% over the past year.
|MCK Average Weekly Movement||3.3%|
|Hospitality Industry Average Movement||4.5%|
|Market Average Movement||4.5%|
|10% most volatile stocks in NZ Market||8.7%|
|10% least volatile stocks in NZ Market||3.0%|
Stable Share Price: MCK is less volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MCK's weekly volatility (3%) has been stable over the past year.
About the Company
Millennium & Copthorne Hotels New Zealand Limited owns, operates, manages, leases, and franchises hotels in New Zealand and Australia. It is also involved in the ownership of residential apartments; investment and development properties. The company was incorporated in 1985 and is headquartered in Auckland, New Zealand.
Millennium & Copthorne Hotels New Zealand Fundamentals Summary
|MCK fundamental statistics|
Is MCK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MCK income statement (TTM)|
|Cost of Revenue||NZ$78.51m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.25|
|Net Profit Margin||24.31%|
How did MCK perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Is MCK undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MCK?
Other financial metrics that can be useful for relative valuation.
|What is MCK's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does MCK's PE Ratio compare to its peers?
|MCK PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
SKC SkyCity Entertainment Group
RBD Restaurant Brands New Zealand
EVO Evolve Education Group
PSEL Pakistan Services
MCK Millennium & Copthorne Hotels New Zealand
Price-To-Earnings vs Peers: MCK is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (75.8x).
Price to Earnings Ratio vs Industry
How does MCK's PE Ratio compare vs other companies in the Global Hospitality Industry?
Price-To-Earnings vs Industry: MCK is good value based on its Price-To-Earnings Ratio (8.3x) compared to the Oceanic Hospitality industry average (24.1x)
Price to Earnings Ratio vs Fair Ratio
What is MCK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8.3x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MCK's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of MCK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MCK (NZ$2.1) is trading above our estimate of fair value (NZ$1.78)
Significantly Below Fair Value: MCK is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MCK's PEG Ratio to determine if it is good value.
Discover undervalued companies
How is Millennium & Copthorne Hotels New Zealand 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 Consumer Services 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 Millennium & Copthorne Hotels New Zealand 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.
Discover growth companies
- Examine Millennium & Copthorne Hotels New Zealand's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Millennium & Copthorne Hotels New Zealand competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Millennium & Copthorne Hotels New Zealand performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCK has a large one-off gain of NZ$15.9M impacting its December 31 2021 financial results.
Growing Profit Margin: MCK's current net profit margins (24.3%) are lower than last year (28.2%).
Past Earnings Growth Analysis
Earnings Trend: MCK's earnings have grown by 1% per year over the past 5 years.
Accelerating Growth: MCK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MCK had negative earnings growth (-17.4%) over the past year, making it difficult to compare to the Hospitality industry average (34.8%).
Return on Equity
High ROE: MCK's Return on Equity (8.2%) is considered low.
Discover strong past performing companies
How is Millennium & Copthorne Hotels New Zealand's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MCK's short term assets (NZ$223.2M) exceed its short term liabilities (NZ$37.8M).
Long Term Liabilities: MCK's short term assets (NZ$223.2M) exceed its long term liabilities (NZ$25.2M).
Debt to Equity History and Analysis
Debt Level: MCK has more cash than its total debt.
Reducing Debt: MCK's debt to equity ratio has reduced from 13% to 0.2% over the past 5 years.
Debt Coverage: MCK's debt is well covered by operating cash flow (2901.9%).
Interest Coverage: MCK earns more interest than it pays, so coverage of interest payments is not a concern.
Discover healthy companies
What is Millennium & Copthorne Hotels New Zealand current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MCK's dividend (1.67%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.1%).
High Dividend: MCK's dividend (1.67%) is low compared to the top 25% of dividend payers in the NZ market (6.04%).
Stability and Growth of Payments
Stable Dividend: MCK is not paying a notable dividend for the NZ market, therefore no need to check if payments are stable.
Growing Dividend: MCK is not paying a notable dividend for the NZ market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: MCK is not paying a notable dividend for the NZ market.
Cash Payout to Shareholders
Cash Flow Coverage: MCK is not paying a notable dividend for the NZ market.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
B. Chiu (72 yo)
Mr. B. K. Chiu has been a Managing Director and Executive Director at Millennium & Copthorne Hotels New Zealand Limited since May 2005 and since June 2005 respectively. Mr. Chiu is Managing Director of CDL...
Experienced Management: MCK's management team is considered experienced (4.1 years average tenure).
Experienced Board: MCK's board of directors are considered experienced (5.7 years average tenure).
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.
Millennium & Copthorne Hotels New Zealand Limited's employee growth, exchange listings and data sources
- Name: Millennium & Copthorne Hotels New Zealand Limited
- Ticker: MCK
- Exchange: NZSE
- Founded: 1985
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Implied Market Cap: NZ$346.498m
- Shares outstanding: 158.22m
- Website: https://www.millenniumhotels.com
- Millennium & Copthorne Hotels New Zealand Limited
- 280 Queen Street
- Level 13
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/30 00:00|
|End of Day Share Price||2022/06/30 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.