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Marlborough Wine Estates Group

Market Cap

NZ$84.4m

Last Updated

2021/05/11 07:51 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

Questionable track record with worrying balance sheet.

Share Price & News

How has Marlborough Wine Estates Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MWE is more volatile than 90% of NZ stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: MWE's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of NZ stocks.


Market Performance


7 Day Return

3.7%

MWE

0.6%

NZ Beverage

-1.3%

NZ Market


1 Year Return

42.1%

MWE

25.9%

NZ Beverage

17.8%

NZ Market

Return vs Industry: MWE exceeded the NZ Beverage industry which returned 25.9% over the past year.

Return vs Market: MWE exceeded the NZ Market which returned 17.8% over the past year.


Shareholder returns

MWEIndustryMarket
7 Day3.7%0.6%-1.3%
30 Day-22.2%-1.4%0.3%
90 Day-51.7%1.4%-3.9%
1 Year42.1%42.1%28.8%25.9%21.3%17.8%
3 Year16.7%16.7%-1.3%-9.4%43.3%26.5%
5 Yearn/a48.6%27.0%80.4%39.6%

Long-Term Price Volatility Vs. Market

How volatile is Marlborough Wine Estates Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Marlborough Wine Estates Group undervalued compared to its fair value and its price relative to the market?

451.61x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MWE (NZ$0.28) is trading above our estimate of fair value (NZ$0.01)

Significantly Below Fair Value: MWE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MWE is poor value based on its PE Ratio (451.6x) compared to the Oceanic Beverage industry average (47.2x).

PE vs Market: MWE is poor value based on its PE Ratio (451.6x) compared to the NZ market (22.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MWE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MWE is overvalued based on its PB Ratio (4.8x) compared to the XO Beverage industry average (2.1x).


Future Growth

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

20.9%

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.


Past Performance

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

40.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MWE has a large one-off gain of NZ$480.6K impacting its December 31 2020 financial results.

Growing Profit Margin: MWE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: MWE has become profitable over the past 5 years, growing earnings by 40% per year.

Accelerating Growth: MWE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MWE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Beverage industry (45.2%).


Return on Equity

High ROE: MWE's Return on Equity (1.1%) is considered low.


Financial Health

How is Marlborough Wine Estates Group's financial position?


Financial Position Analysis

Short Term Liabilities: MWE's short term assets (NZ$5.4M) do not cover its short term liabilities (NZ$7.7M).

Long Term Liabilities: MWE's short term assets (NZ$5.4M) exceed its long term liabilities (NZ$2.3M).


Debt to Equity History and Analysis

Debt Level: MWE's debt to equity ratio (40%) is considered high.

Reducing Debt: MWE's debt to equity ratio has increased from 30% to 40% over the past 5 years.

Debt Coverage: MWE's debt is not well covered by operating cash flow (7.9%).

Interest Coverage: Insufficient data to determine if MWE's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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


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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MWE's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.


Next Steps

Management

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


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...


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 company bio, 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
  • Market Cap: NZ$84.427m
  • 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


Biography

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 c...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/11 07:51
End of Day Share Price2021/05/11 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.