Marlin Global
Market Cap
NZ$162.6m
Last Updated
2020/02/17 10:37 UTC
Data Sources
Company Financials
Executive Summary
Marlin Global Limited, an investment company, invests in companies that are listed on any approved stock exchange, excluding New Zealand or Australia.
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer and fair value.
Share Price & News
How has Marlin Global's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MLN has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
4.8%
MLN
0.4%
NZ Capital Markets
1.0%
NZ Market
1 Year Return
26.7%
MLN
19.0%
NZ Capital Markets
21.1%
NZ Market
Return vs Industry: MLN exceeded the NZ Capital Markets industry which returned 19.3% over the past year.
Return vs Market: MLN exceeded the NZ Market which returned 20.9% over the past year.
Shareholder returns
| MLN | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.8% | 0.4% | 1.0% |
| 30 Day | 7.9% | 1.8% | -0.5% |
| 90 Day | 11.2% | 6.3% | 7.4% |
| 1 Year | 38.0%26.7% | 24.5%19.0% | 26.1%21.1% |
| 3 Year | 80.1%38.0% | 91.6%66.6% | 59.7%38.9% |
| 5 Year | 103.0%29.8% | 157.8%102.7% | 96.5%52.7% |
Price Volatility Vs. Market
How volatile is Marlin Global's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Investors Who Bought Marlin Global (NZSE:MLN) Shares Three Years Ago Are Now Up 33%1 month ago | Simply Wall St
Something To Consider Before Buying Marlin Global Limited (NZSE:MLN) For The 7.7% Dividend2 months ago | Simply Wall St
Do Directors Own Marlin Global Limited (NZSE:MLN) Shares?Valuation
Is Marlin Global undervalued compared to its fair value and its price relative to the market?
16.32x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MLN (NZ$1.09) is trading above our estimate of fair value (NZ$0.93)
Significantly Below Fair Value: MLN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MLN is good value based on its PE Ratio (16.3x) compared to the Capital Markets industry average (21.3x).
PE vs Market: MLN is good value based on its PE Ratio (16.3x) compared to the NZ market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MLN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MLN is good value based on its PB Ratio (1.1x) compared to the XO Capital Markets industry average (2.2x).
Next Steps
Future Growth
How is Marlin Global forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
6.9%
Forecasted Diversified Financials 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 Marlin Global 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.
Next Steps
- Examine whether Marlin Global is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Marlin Global competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
Past Performance
How has Marlin Global performed over the past 5 years?
9.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MLN has high quality earnings.
Growing Profit Margin: MLN's current net profit margins (72.3%) are lower than last year (89.6%).
Past Earnings Growth Analysis
Earnings Trend: MLN's earnings have grown by 9.8% per year over the past 5 years.
Accelerating Growth: MLN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MLN had negative earnings growth (-64.9%) over the past year, making it difficult to compare to the Capital Markets industry average (3%).
Return on Equity
High ROE: MLN's Return on Equity (6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Marlin Global's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: MLN has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if MLN's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: MLN's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if MLN has a sufficient allowance for bad loans.
Low Risk Liabilities: MLN reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if MLN has an acceptable proportion of non-loan assets held.
Low Risk Deposits: MLN has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if MLN has an appropriate level of bad loans.
Next Steps
Dividend
What is Marlin Global's current dividend yield, its reliability and sustainability?
7.11%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MLN's dividend (7.11%) is higher than the bottom 25% of dividend payers in the NZ market (2.88%).
High Dividend: MLN's dividend (7.11%) is in the top 25% of dividend payers in the NZ market (5.59%)
Stability and Growth of Payments
Stable Dividend: MLN's dividends per share have been stable in the past 10 years.
Growing Dividend: MLN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (116%), MLN's dividend payments are not 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?
7.5yrs
Average board tenure
CEO
Marlin Global has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 7.4yrs | no data | 0.067% NZ$108.6k | |
| Director | 12.4yrs | no data | 1.44% NZ$2.3m | |
| Independent Director | 7.7yrs | no data | 0.048% NZ$78.7k | |
| Independent Director | 6.9yrs | no data | 0.030% NZ$48.6k |
7.5yrs
Average Tenure
Experienced Board: MLN's board of directors are considered experienced (7.5 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.2%.
Top Shareholders
Company Information
Marlin Global Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Marlin Global Limited
- Ticker: MLN
- Exchange: NZSE
- Founded: 2007
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: NZ$162.578m
- Shares outstanding: 149.15m
- Website: https://www.marlin.co.nz
Location
- Marlin Global Limited
- 67-73, Hurstmere Road
- Level 1
- Auckland
- 622
- New Zealand
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MLN | NZSE (New Zealand Stock Exchange) | Yes | Ordinary Shares | NZ | NZD | Nov 2007 |
Biography
Marlin Global Limited, an investment company, invests in companies that are listed on any approved stock exchange, excluding New Zealand or Australia. It has portfolio of investments in companies located in Asia, West Europe, and North America. The company was founded in 2007 and is based in Auckland, New Zealand.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 10:37 |
| End of Day Share Price | 2020/02/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.