MHM Stock Overview
MHM Automation Limited, together with its subsidiaries, designs and supplies automated systems and equipment for the food processing and logistics sectors in New Zealand and Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$0.63|
|52 Week High||NZ$0.76|
|52 Week Low||NZ$0.47|
|1 Month Change||-1.56%|
|3 Month Change||-1.56%|
|1 Year Change||26.00%|
|3 Year Change||215.00%|
|5 Year Change||85.29%|
|Change since IPO||-97.05%|
Recent News & Updates
MHM Automation's (NZSE:MHM) Strong Earnings Are Of Good Quality
Even though MHM Automation Limited's ( NZSE:MHM ) recent earnings release was robust, the market didn't seem to notice...
Is MHM Automation (NZSE:MHM) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Is MHM Automation Limited's(NZSE:MHM) Recent Stock Performance Tethered To Its Strong Fundamentals?
MHM Automation (NZSE:MHM) has had a great run on the share market with its stock up by a significant 25% over the last...
|MHM||NZ Metals and Mining||NZ Market|
Return vs Industry: MHM exceeded the NZ Metals and Mining industry which returned 5.4% over the past year.
Return vs Market: MHM exceeded the NZ Market which returned -3.6% over the past year.
|MHM Average Weekly Movement||4.7%|
|Metals and Mining Industry Average Movement||10.4%|
|Market Average Movement||3.6%|
|10% most volatile stocks in NZ Market||6.7%|
|10% least volatile stocks in NZ Market||2.4%|
Stable Share Price: MHM is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MHM's weekly volatility (5%) has been stable over the past year.
About the Company
MHM Automation Limited, together with its subsidiaries, designs and supplies automated systems and equipment for the food processing and logistics sectors in New Zealand and Australia. The company operates through Automation, Fabrication, and Mercer Technologies segments. It designs and supplies automated systems that specializes in reverse packaging and materials handling equipment, which include reverse packaging and product handling equipment, vacuum packing systems, and carton erecting and lidding equipment; and offers plate freezing systems and chilling and freezing tunnels for meat and dairy processors.
MHM Automation Fundamentals Summary
|MHM fundamental statistics|
Is MHM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MHM income statement (TTM)|
|Cost of Revenue||NZ$30.70m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.037|
|Net Profit Margin||4.76%|
How did MHM perform over the long term?See historical performance and comparison
Is MHM Automation undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MHM (NZ$0.62) is trading below our estimate of fair value (NZ$1.96)
Significantly Below Fair Value: MHM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MHM is poor value based on its PE Ratio (16.6x) compared to the Oceanic Metals and Mining industry average (14.8x).
PE vs Market: MHM is good value based on its PE Ratio (16.6x) compared to the NZ market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MHM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MHM is overvalued based on its PB Ratio (3.9x) compared to the XO Metals and Mining industry average (2.5x).
How is MHM Automation forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 MHM Automation 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.
How has MHM Automation performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MHM has high quality earnings.
Growing Profit Margin: MHM's current net profit margins (4.8%) are higher than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: MHM has become profitable over the past 5 years, growing earnings by 47.3% per year.
Accelerating Growth: MHM's earnings growth over the past year (100.4%) exceeds its 5-year average (47.3% per year).
Earnings vs Industry: MHM earnings growth over the past year (100.4%) exceeded the Metals and Mining industry 35.4%.
Return on Equity
High ROE: MHM's Return on Equity (23.3%) is considered high.
How is MHM Automation's financial position?
Financial Position Analysis
Short Term Liabilities: MHM's short term assets (NZ$17.9M) do not cover its short term liabilities (NZ$21.7M).
Long Term Liabilities: MHM's short term assets (NZ$17.9M) exceed its long term liabilities (NZ$464.0K).
Debt to Equity History and Analysis
Debt Level: MHM is debt free.
Reducing Debt: MHM has no debt compared to 5 years ago when its debt to equity ratio was 123.8%.
Debt Coverage: MHM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MHM has no debt, therefore coverage of interest payments is not a concern.
What is MHM Automation current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MHM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MHM'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 MHM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MHM'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 MHM's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Richard Rookes has been the Chief Executive Officer of MHM Automation Limited (formerly known as Mercer Group Limited) since July 2015. He served as Director of Private Equity at Murray Capital. Mr. Ro...
Experienced Management: MHM's management team is seasoned and experienced (5.7 years average tenure).
Experienced Board: MHM's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MHM Automation Limited's employee growth, exchange listings and data sources
- Name: MHM Automation Limited
- Ticker: MHM
- Exchange: NZSE
- Founded: 1884
- Industry: Steel
- Sector: Materials
- Market Cap: NZ$40.684m
- Shares outstanding: 65.62m
- Website: https://mhmautomation.com
Number of Employees
- MHM Automation Limited
- 53 Lunns Road
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/03 06:01|
|End of Day Share Price||2021/12/03 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.