company background image
MWE

Marlborough Wine Estates Group NZSE:MWE Stock Report

Last Price

NZ$0.17

Market Cap

NZ$48.6m

7D

10.3%

1Y

-30.2%

Updated

09 Aug, 2022

Data

Company Financials
MWE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

MWE Stock Overview

Marlborough Wine Estates Group Limited, together with its subsidiaries, operates in the wine industry in New Zealand, the United States, China, and internationally.

Marlborough Wine Estates Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Marlborough Wine Estates Group
Historical stock prices
Current Share PriceNZ$0.17
52 Week HighNZ$0.31
52 Week LowNZ$0.15
Beta0.26
1 Month Change-5.00%
3 Month Change-14.50%
1 Year Change-30.20%
3 Year Change-25.65%
5 Year Changen/a
Change since IPO-41.03%

Recent News & Updates

Feb 28
Marlborough Wine Estates Group (NZSE:MWE) Is Carrying A Fair Bit Of Debt

Marlborough Wine Estates Group (NZSE:MWE) Is Carrying A Fair Bit Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Oct 21
Would Marlborough Wine Estates Group (NZSE:MWE) Be Better Off With Less Debt?

Would Marlborough Wine Estates Group (NZSE:MWE) Be Better Off With Less Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Jun 08
Marlborough Wine Estates Group (NZSE:MWE) Is Carrying A Fair Bit Of Debt

Marlborough Wine Estates Group (NZSE:MWE) Is Carrying A Fair Bit Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Feb 22
Would Marlborough Wine Estates Group (NZSE:MWE) Be Better Off With Less Debt?

Would Marlborough Wine Estates Group (NZSE:MWE) Be Better Off With Less Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

MWENZ BeverageNZ Market
7D10.3%0.4%1.4%
1Y-30.2%-1.6%-11.3%

Return vs Industry: MWE underperformed the NZ Beverage industry which returned -1.6% over the past year.

Return vs Market: MWE underperformed the NZ Market which returned -11.3% over the past year.

Price Volatility

Is MWE's price volatile compared to industry and market?
MWE volatility
MWE Average Weekly Movement5.3%
Beverage Industry Average Movement4.8%
Market Average Movement4.4%
10% most volatile stocks in NZ Market8.3%
10% least volatile stocks in NZ Market3.0%

Stable Share Price: MWE is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MWE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015n/aCatherine Mahttps://www.nzmwe.com

Marlborough Wine Estates Group Limited, together with its subsidiaries, operates in the wine industry in New Zealand, the United States, China, and internationally. It owns and operates 6 vineyard blocks comprising approximately 336 hectares located in the Awatere Valley in Marlborough; produces and sells grapes; and produces, sells, and markets wine under the O:TU and Music Bay brand names. The company was incorporated in 2015 and is based in Auckland, New Zealand.

Marlborough Wine Estates Group Fundamentals Summary

How do Marlborough Wine Estates Group's earnings and revenue compare to its market cap?
MWE fundamental statistics
Market CapNZ$48.58m
Earnings (TTM)-NZ$474.74k
Revenue (TTM)NZ$7.57m

6.7x

P/S Ratio

-106.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MWE income statement (TTM)
RevenueNZ$7.57m
Cost of RevenueNZ$5.91m
Gross ProfitNZ$1.66m
Other ExpensesNZ$2.13m
Earnings-NZ$474.74k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0016
Gross Margin21.89%
Net Profit Margin-6.27%
Debt/Equity Ratio30.2%

How did MWE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is MWE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MWE?

Other financial metrics that can be useful for relative valuation.

MWE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue7.2x
Enterprise Value/EBITDA238.2x
PEG Ration/a

Price to Sales Ratio vs Peers

How does MWE's PS Ratio compare to its peers?

MWE PS Ratio vs Peers
The above table shows the PS ratio for MWE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.8x
FWL Foley Wines
1.7xn/aNZ$92.0m
DGL Delegat Group
3.8x9.0%NZ$1.2b
ALF Allied Farmers
0.9xn/aNZ$21.6m
SEK Seeka
0.6x11.8%NZ$193.5m
MWE Marlborough Wine Estates Group
6.7xn/aNZ$48.6m

Price-To-Sales vs Peers: MWE is expensive based on its Price-To-Sales Ratio (6.7x) compared to the peer average (1.8x).


Price to Earnings Ratio vs Industry

How does MWE's PE Ratio compare vs other companies in the Global Beverage Industry?

Price-To-Sales vs Industry: MWE is expensive based on its Price-To-Sales Ratio (6.7x) compared to the Oceanic Beverage industry average (3.5x)


Price to Sales Ratio vs Fair Ratio

What is MWE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MWE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.7x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate MWE's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of MWE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate MWE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MWE's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is Marlborough Wine Estates Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.8%

Forecasted Food, Beverage & Tobacco 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 Marlborough Wine Estates Group 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

  • Take a look at our analysis of MWE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Marlborough Wine Estates Group competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Marlborough Wine Estates Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


50.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MWE is currently unprofitable.

Growing Profit Margin: MWE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MWE is unprofitable, but has reduced losses over the past 5 years at a rate of 50.7% per year.

Accelerating Growth: Unable to compare MWE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MWE is unprofitable, making it difficult to compare its past year earnings growth to the Beverage industry (18.2%).


Return on Equity

High ROE: MWE has a negative Return on Equity (-2.28%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Marlborough Wine Estates Group's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: MWE's short term assets (NZ$5.8M) exceed its short term liabilities (NZ$913.7K).

Long Term Liabilities: MWE's short term assets (NZ$5.8M) do not cover its long term liabilities (NZ$8.5M).


Debt to Equity History and Analysis

Debt Level: MWE's net debt to equity ratio (28.3%) is considered satisfactory.

Reducing Debt: MWE's debt to equity ratio has reduced from 32% to 30.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MWE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MWE has less than a year of cash runway if free cash flow continues to grow at historical rates of 21% each year.


Discover healthy companies

Dividend

What is Marlborough Wine Estates Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MWE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MWE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MWE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MWE's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MWE has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.2yrs

Average board tenure


CEO

Catherine Ma

no data

Tenure

Ms. Catherine Ma, BCom, MInstD, served as Group Chief Executive Officer at Marlborough Wine Estates Group Limited and served as its Director. Ms. Ma is responsible for developing and executing business pla...


Board Members

Experienced Board: MWE's board of directors are considered experienced (6.2 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Marlborough Wine Estates Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Marlborough Wine Estates Group Limited
  • Ticker: MWE
  • Exchange: NZSE
  • Founded: 2015
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: NZ$48.582m
  • Shares outstanding: 296.23m
  • Website: https://www.nzmwe.com

Location

  • Marlborough Wine Estates Group Limited
  • 5-7 Kingdon Street
  • Level 6
  • Auckland
  • New Zealand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/09 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.