Marlin Global
Marlin Global Limited, an investment company, invests in companies that are listed on any approved stock exchange, excluding New Zealand or Australia. The last earnings update was 57 days ago. More info.
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MLN Share Price and Events
7 Day Returns
1 Year Returns
MLN Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Marlin Global (MLN) | -1.1% | 6.1% | 2.4% | 1.2% | 7.4% | 7.4% |
| Oceania Capital Markets | 0.6% | 4.3% | 12.7% | 24.5% | 85.4% | 120.4% |
| NZ Market | 1% | 3.5% | 6.3% | 12.5% | 23.9% | 48.9% |
1 Year Return vs Industry and Market
- MLN underperformed the Capital Markets industry which returned 24.5% over the past year.
- MLN underperformed the Market in New Zealand which returned 12.5% over the past year.
Value
Is Marlin Global undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Marlin Global
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Marlin Global.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | Excess Returns Model | |
| Stable EPS |
Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity = NZ$0.90 * 10.8% |
NZ$0.10 |
| Book Value of Equity per Share | Median Book Value from the past 5 years. | NZ$0.90 |
| Discount Rate (Cost of Equity) | See below | 7.3% |
| Perpetual Growth Rate | 10-Year NZ Government Bond Rate | 2.4% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year NZ Govt Bond Rate | 2.4% |
| Equity Risk Premium | S&P Global | 6% |
| Capital Markets Unlevered Beta | Simply Wall St/ S&P Global | 0.73 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.733 (1 + (1- 28%) (0%)) |
0.821 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.82 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.37% + (0.821 * 5.96%) |
7.27% |
Discounted Cash Flow Calculation for NZSE:MLN using Excess Returns Model Model
The calculations below outline how an intrinsic value for Marlin Global is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.
In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.
The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.
Note the calculations below are per share.
See our documentation to learn about this calculation.
| Calculation | Result | |
|---|---|---|
| Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (10.8% – 7.27%) * NZ$0.90) |
NZ$0.03 |
| Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= NZ$0.03 / (7.27% - 2.37%) |
NZ$0.65 |
| Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= NZ$0.90 + NZ$0.65 |
NZ$1.55 |
| Calculation | Result | |
|---|---|---|
| Value per share (NZD) | From above. | NZ$1.55 |
| Current discount | Discount to share price of
NZ$0.87
= -1 x (NZ$0.87 - NZ$1.55) / NZ$1.55 |
43.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Marlin Global's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Marlin Global's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Marlin Global's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Marlin Global's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in NZD | NZ$-0.01 |
| NZSE:MLN Share Price ** | NZSE (2019-04-23) in NZD | NZ$0.87 |
| Oceania Capital Markets Industry PE Ratio | Median Figure of 22 Publicly-Listed Capital Markets Companies | 18.8x |
| New Zealand Market PE Ratio | Median Figure of 90 Publicly-Listed Companies | 17.72x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Marlin Global.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NZSE:MLN Share Price ÷ EPS (both in NZD) = 0.87 ÷ -0.01 |
-77.44x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Marlin Global is loss making, we can't compare its value to the Oceania Capital Markets industry average.
- Marlin Global is loss making, we can't compare the value of its earnings to the New Zealand market.
Price based on expected Growth
Does
Marlin Global's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -77.44x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
20.2%per year |
| Oceania Capital Markets Industry PEG Ratio | Median Figure of 10 Publicly-Listed Capital Markets Companies | 2.42x |
| New Zealand Market PEG Ratio | Median Figure of 66 Publicly-Listed Companies | 1.5x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Marlin Global, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Marlin Global's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in NZD | NZ$0.86 |
| NZSE:MLN Share Price * | NZSE (2019-04-23) in NZD | NZ$0.87 |
| Oceania Capital Markets Industry PB Ratio | Median Figure of 36 Publicly-Listed Capital Markets Companies | 1.53x |
| New Zealand Market PB Ratio | Median Figure of 126 Publicly-Listed Companies | 1.55x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NZSE:MLN Share Price ÷ Book Value per Share (both in NZD) = 0.87 ÷ 0.86 |
1.02x |
* Primary Listing of Marlin Global.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Marlin Global is good value based on assets compared to the Oceania Capital Markets industry average.
Value checks
We assess Marlin Global's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check) Marlin Global has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
- No analysts cover Marlin Global, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Marlin Global's earnings growth is expected to exceed the low risk savings rate of 2.4%.
Growth vs Market Checks
- Marlin Global's earnings growth is expected to exceed the New Zealand market average.
- Unable to compare Marlin Global's revenue growth to the New Zealand market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NZSE:MLN Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 20.2% |
| Oceania Capital Markets Industry Earnings Growth Rate | Market Cap Weighted Average | 7.9% |
| Oceania Capital Markets Industry Revenue Growth Rate | Market Cap Weighted Average | 4.3% |
| New Zealand Market Earnings Growth Rate | Market Cap Weighted Average | 6% |
| New Zealand Market Revenue Growth Rate | Market Cap Weighted Average | 5% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in NZD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 1 | 1 | -1 |
| 2018-09-30 | 14 | 4 | 11 |
| 2018-06-30 | 27 | 8 | 24 |
| 2018-03-31 | 27 | 10 | 23 |
| 2017-12-31 | 28 | 13 | 23 |
| 2017-09-30 | 24 | 8 | 19 |
| 2017-06-30 | 20 | 2 | 16 |
| 2017-03-31 | 10 | 4 | 6 |
| 2016-12-31 | -1 | 5 | -4 |
| 2016-09-30 | -2 | 5 | -5 |
| 2016-06-30 | -4 | 5 | -7 |
| 2016-03-31 | 6 | 4 | 3 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Marlin Global Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in NZD Millions) | EPS * |
|---|---|
| 2018-12-31 | -0.01 |
| 2018-09-30 | 0.10 |
| 2018-06-30 | 0.20 |
| 2018-03-31 | 0.20 |
| 2017-12-31 | 0.19 |
| 2017-09-30 | 0.17 |
| 2017-06-30 | 0.14 |
| 2017-03-31 | 0.05 |
| 2016-12-31 | -0.03 |
| 2016-09-30 | -0.05 |
| 2016-06-30 | -0.06 |
| 2016-03-31 | 0.02 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Marlin Global will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Marlin Global's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Oceania market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Oceania market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Marlin Global has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Marlin Global performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Marlin Global does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Unable to compare Marlin Global's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Marlin Global's 1-year growth to the Oceania Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
All data from Marlin Global Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in NZD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 1.00 | -1.33 | 3.84 | |
| 2018-09-30 | 13.80 | 11.24 | 4.40 | |
| 2018-06-30 | 26.59 | 23.82 | 4.95 | |
| 2018-03-31 | 27.12 | 23.37 | 4.86 | |
| 2017-12-31 | 27.64 | 22.91 | 4.77 | |
| 2017-09-30 | 23.97 | 19.30 | 4.33 | |
| 2017-06-30 | 20.29 | 15.69 | 3.88 | |
| 2017-03-31 | 9.86 | 6.05 | 2.73 | |
| 2016-12-31 | -0.57 | -3.58 | 1.57 | |
| 2016-09-30 | -2.09 | -5.24 | 1.61 | |
| 2016-06-30 | -3.62 | -6.90 | 1.65 | |
| 2016-03-31 | 5.97 | 2.77 | 2.66 | |
| 2015-12-31 | 15.56 | 12.43 | 3.66 | |
| 2015-09-30 | 16.45 | 13.55 | 3.64 | |
| 2015-06-30 | 17.33 | 14.68 | 3.63 | |
| 2015-03-31 | 10.90 | 8.05 | 2.73 | |
| 2014-12-31 | 4.47 | 1.42 | 1.84 | |
| 2014-09-30 | 10.09 | 6.27 | 2.47 | |
| 2014-06-30 | 15.71 | 11.12 | 3.11 | |
| 2014-03-31 | 20.54 | 16.32 | 3.31 | |
| 2013-12-31 | 25.36 | 21.51 | 3.52 | |
| 2013-09-30 | 18.70 | 15.50 | 2.82 | |
| 2013-06-30 | 12.04 | 9.49 | 2.12 | |
| 2013-03-31 | 10.67 | 7.90 | 1.98 | |
| 2012-12-31 | 9.30 | 6.32 | 1.84 | |
| 2012-09-30 | -0.39 | -2.83 | 1.78 | |
| 2012-06-30 | -10.08 | -11.98 | 1.71 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Marlin Global has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Marlin Global has efficiently used its assets last year compared to the Oceania Capital Markets industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Marlin Global improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Marlin Global's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Marlin Global has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Marlin Global's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Marlin Global's finances.
The net worth of a company is the difference between its assets and liabilities.
- Marlin Global is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Marlin Global has no long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Marlin Global has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Marlin Global Company Filings, last reported 3 months ago.
| Date (Data in NZD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 103.61 | 0.00 | 104.25 |
| 2018-09-30 | 103.61 | 0.00 | 104.25 |
| 2018-06-30 | 121.40 | 0.00 | 125.51 |
| 2018-03-31 | 121.40 | 0.00 | 125.51 |
| 2017-12-31 | 111.97 | 0.00 | 112.77 |
| 2017-09-30 | 111.97 | 0.00 | 112.77 |
| 2017-06-30 | 105.93 | 0.00 | 108.10 |
| 2017-03-31 | 105.93 | 0.00 | 108.10 |
| 2016-12-31 | 96.57 | 0.00 | 97.88 |
| 2016-09-30 | 96.57 | 0.00 | 97.88 |
| 2016-06-30 | 94.26 | 0.00 | 96.02 |
| 2016-03-31 | 94.26 | 0.00 | 96.02 |
| 2015-12-31 | 103.76 | 0.00 | 104.06 |
| 2015-09-30 | 103.76 | 0.00 | 104.06 |
| 2015-06-30 | 106.92 | 0.00 | 110.31 |
| 2015-03-31 | 106.92 | 0.00 | 110.31 |
| 2014-12-31 | 97.60 | 0.00 | 97.85 |
| 2014-09-30 | 97.60 | 0.00 | 97.85 |
| 2014-06-30 | 97.95 | 0.00 | 98.85 |
| 2014-03-31 | 97.95 | 0.00 | 98.85 |
| 2013-12-31 | 102.64 | 0.00 | 103.80 |
| 2013-09-30 | 102.64 | 0.00 | 103.80 |
| 2013-06-30 | 94.27 | 0.00 | 93.93 |
| 2013-03-31 | 94.27 | 0.00 | 93.93 |
| 2012-12-31 | 88.46 | 0.00 | 88.42 |
| 2012-09-30 | 88.46 | 0.00 | 88.42 |
| 2012-06-30 | 91.22 | 0.00 | 90.82 |
- Marlin Global has no debt.
- Marlin Global has not taken on any debt in the past 5 years.
- Marlin Global has no debt, it does not need to be covered by operating cash flow.
- Marlin Global has no debt, therefore coverage of interest payments is not a concern.
Financial health checks
We assess Marlin Global's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Marlin Global has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Marlin Global's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
NZ$2,000 of
Marlin Global
shares you are expected to receive
NZ$180
in your first year as a dividend.
Dividend Amount
- Marlin Global's pays a higher dividend yield than the bottom 25% of dividend payers in New Zealand (3.23%).
- Marlin Global's dividend is above the markets top 25% of dividend payers in New Zealand (5.65%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Oceania Capital Markets Industry Average Dividend Yield | Market Cap Weighted Average of 24 Stocks | 3.8% |
| New Zealand Market Average Dividend Yield | Market Cap Weighted Average of 75 Stocks | 3.8% |
| New Zealand Minimum Threshold Dividend Yield | 10th Percentile | 1.9% |
| New Zealand Bottom 25% Dividend Yield | 25th Percentile | 3.2% |
| New Zealand Top 25% Dividend Yield | 75th Percentile | 5.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in NZ$) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-08-20 | 0.078 | 8.847 |
| 2017-08-22 | 0.069 | 8.218 |
| 2016-08-22 | 0.075 | 9.448 |
| 2015-08-18 | 0.074 | 8.946 |
| 2014-08-25 | 0.074 | 8.727 |
| 2013-08-15 | 0.068 | 8.534 |
| 2012-08-28 | 0.074 | 10.565 |
| 2011-09-26 | 0.085 | 11.518 |
| 2011-02-22 | 0.088 | 9.763 |
| 2010-09-24 | 0.080 | 8.262 |
| 2009-09-11 | 0.020 | 2.298 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Marlin Global's earnings are
paid
to the shareholders as a dividend.
- The company is paying a dividend however it is incurring a loss.
- Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Income/ dividend checks
We assess Marlin Global's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.9%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Marlin Global afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Marlin Global has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
- Marlin Global has no CEO, or we have no data on them.
Management Team
Carmel Fisher
Director & Managing Director of Fisher Funds
Ben Doshi
Chief Financial Officer and Company Secretary
Ashley Gardyne
Senior Portfolio Manager
2 yrs
Board of Directors Tenure
Average tenure of the Marlin Global board of directors in years:
- The tenure for the Marlin Global board of directors is about average.
Board of Directors
Alistair Ryan
Chairman
6.6 yrs
Carmel Fisher
Director & Managing Director of Fisher Funds
15.3 yrs
Carol Campbell
Independent Director
6.8 yrs
R. Coupe
Independent Director
6.1 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (NZ$) | Value (NZ$) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Marlin Global's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Marlin Global has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Do Directors Own Marlin Global Limited (NZSE:MLN) Shares?
The big shareholder groups in Marlin Global Limited (NZSE:MLN) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Marlin Global is a smaller company with a market capitalization of NZ$103m, so it may still be flying under the radar of many institutional investors.
Simply Wall St - – Full articleMarlin Global Limited (NZSE:MLN): 4 Days To Buy Before The Ex-Dividend Date
Have you been keeping an eye on Marlin Global Limited's (NZSE:MLN) upcoming dividend of NZ$0.021 per share payable on the 21 December 2018? … Is this future income stream a compelling catalyst for dividend investors to think about the stock as an investment today? … Has its dividend been stable over the past (i.e. no missed payments or significant payout cuts)?
Simply Wall St - – Full articleWho Owns Marlin Global Limited (NZSE:MLN)?
The big shareholder groups in Marlin Global Limited (NZSE:MLN) have power over the company. … Marlin Global is a smaller company with a market capitalization of NZ$112m, so it may still be flying under the radar of many institutional investors. … Taking a look at the our data on the ownership groups (below), it's seems that.
Simply Wall St - – Full articleWhat To Know Before Buying Marlin Global Limited (NZSE:MLN) For Its Dividend
In the past 9 years Marlin Global Limited (NZSE:MLN) has returned an average of 9.00% per year to investors in the form of dividend payouts. … Does Marlin Global tick all the boxes of a great dividend stock? … See our latest analysis for Marlin Global
Simply Wall St - – Full articleShould You Be Tempted To Buy Marlin Global Limited (NZSE:MLN) Because Of Its PE Ratio?
and want to better understand how you can grow your money by investing in Marlin Global Limited (NZSE:MLN). … Marlin Global Limited (NZSE:MLN) trades with a trailing P/E of 4.4x, which is lower than the industry average of 17.9x. … While MLN might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions
Simply Wall St - – Full articleMarlin Global Limited (NZSE:MLN): Dividend Is Coming In 5 Days, Should You Buy?
On the 29 June 2018, Marlin Global Limited (NZSE:MLN) will be paying shareholders an upcoming dividend amount of NZ$0.020 per share. … However, investors must have bought the company's stock before 13 June 2018 in order to qualify for the payment. … 5 questions I ask before picking a dividend stock?
Simply Wall St - – Full articleShould You Buy Marlin Global Limited (NZE:MLN) For Its Dividend?
In the past 9 years Marlin Global Limited (NZSE:MLN) has returned an average of 9.00% per year to investors in the form of dividend payouts. … Check out our latest analysis for Marlin Global Here's how I find good dividend stocks If you are a dividend investor, you should always assess these five key metrics: Is its annual yield among the top 25% of dividend-paying companies? … Relative to peers, Marlin Global generates a yield of 8.15%, which is high for Capital Markets stocks.Next Steps: Taking all the above into account, Marlin Global is a complicated pick for dividend investors given that there are a couple of positive things about it as well as negative.
Simply Wall St - – Full articleDoes Marlin Global Limited (NZE:MLN) Go Up With The Market?
Generally, an investor should consider two types of risk that impact the market value of MLN. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Based on this beta value, MLN appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market.
Simply Wall St - – Full articleIs Marlin Global Limited's (NZE:MLN) PE Ratio A Signal To Buy For Investors?
It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for MLN Price per share = NZ$0.84 Earnings per share = NZ$0.196 ∴ Price-Earnings Ratio = NZ$0.84 ÷ NZ$0.196 = 4.3x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … Since MLN's P/E of 4.3x is lower than its industry peers (16.9x), it means that investors are paying less than they should for each dollar of MLN's earnings.
Simply Wall St - – Full articleWho Really Owns Marlin Global Limited (NZE:MLN)?
This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in MLN should also look at another important group of investors: private companies, with a stake of 1.63%, who are primarily invested because of strategic and capital gain interests.
Simply Wall St - – Full articleCompany Info
Description
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.
Details
| Name: | Marlin Global Limited |
| MLN | |
| Exchange: | NZSE |
| Founded: | 2007 |
| NZ$126,539,816 | |
| 145,448,065 | |
| Website: | http://www.marlin.co.nz |
| Address: |
Marlin Global Limited 67-73, Hurstmere Road, Level 1, Auckland, 0622, New Zealand |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NZSE | MLN | Ordinary Shares | New Zealand Stock Exchange | NZ | NZD | 01. Nov 2007 |
Number of employees
Current staff
Industry
| Asset Management and Custody Banks | |
| Diversified Financials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/23 10:34 |
| End of day share price update: | 2019/04/23 00:00 |
| Last earnings filing: | 2019/02/25 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/06/30 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
