Move Logistics Group Limited operates as a freight and logistics company in New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$1.60|
|52 Week High||NZ$0.78|
|52 Week Low||NZ$1.93|
|1 Month Change||8.11%|
|3 Month Change||23.08%|
|1 Year Change||92.77%|
|3 Year Change||1.27%|
|5 Year Change||n/a|
|Change since IPO||-33.33%|
Recent News & Updates
|MOV||NZ Logistics||NZ Market|
Return vs Industry: MOV exceeded the NZ Logistics industry which returned 63.8% over the past year.
Return vs Market: MOV exceeded the NZ Market which returned 2.4% over the past year.
Stable Share Price: MOV is more volatile than 90% of NZ stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: MOV's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of NZ stocks.
About the Company
Move Logistics Group Limited operates as a freight and logistics company in New Zealand. It offers freight services for general freight or full truck loads, household relocations, containerized and bulk lots, temperature-controlled goods, non-hazardous and dangerous liquids, project cargo and heavy haulage, and specialized equipment; and logistics and warehousing services, including customize picking and packing services for individual orders, intelligent warehouse management systems, 4PL consulting services, custom solutions, consultancy services for service improvement, and managing of warehouses. The company also provides customs clearance and brokerage, air freight, sea freight, courier, and coastal shipping services; and lifting and transport services, such as heavy haulage, freight movement, machinery relocation and installation, crane transport and hire, precast concrete transport, and container packing and devanning services.
Move Logistics Group Fundamentals Summary
|MOV fundamental statistics|
Is MOV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MOV income statement (TTM)|
|Cost of Revenue||NZ$267.96m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0099|
|Net Profit Margin||0.24%|
How did MOV perform over the long term?See historical performance and comparison
Is Move Logistics Group 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: MOV (NZ$1.6) is trading below our estimate of fair value (NZ$4.61)
Significantly Below Fair Value: MOV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MOV is poor value based on its PE Ratio (161.5x) compared to the Oceanic Logistics industry average (27.6x).
PE vs Market: MOV is poor value based on its PE Ratio (161.5x) compared to the NZ market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MOV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MOV is overvalued based on its PB Ratio (3.9x) compared to the XO Logistics industry average (1.9x).
How is Move Logistics Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Transportation 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 Move Logistics 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.
How has Move Logistics Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MOV has high quality earnings.
Growing Profit Margin: MOV's current net profit margins (0.2%) are lower than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: MOV has become profitable over the past 5 years, growing earnings by 47.1% per year.
Accelerating Growth: MOV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MOV had negative earnings growth (-56.9%) over the past year, making it difficult to compare to the Logistics industry average (39.3%).
Return on Equity
High ROE: MOV's Return on Equity (3.4%) is considered low.
How is Move Logistics Group's financial position?
Financial Position Analysis
Short Term Liabilities: MOV's short term assets (NZ$63.7M) do not cover its short term liabilities (NZ$139.5M).
Long Term Liabilities: MOV's short term assets (NZ$63.7M) do not cover its long term liabilities (NZ$160.4M).
Debt to Equity History and Analysis
Debt Level: MOV's debt to equity ratio (204.3%) is considered high.
Reducing Debt: Insufficient data to determine if MOV's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MOV's debt is well covered by operating cash flow (55.7%).
Interest Coverage: MOV's interest payments on its debt are not well covered by EBIT (1.2x coverage).
What is Move Logistics Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MOV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MOV'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 MOV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MOV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MOV is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MOV'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 Mather serves as Divisional Chief Executive Officer of Warehousing and Logistics at Move Logistics Group Limited (formerly known as TIL Logistics Group Limited). He served as Deputy Chief Execu...
Experienced Management: MOV's management team is considered experienced (2.8 years average tenure).
Experienced Board: MOV's board of directors are not considered experienced ( 1.1 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: MOV insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Move Logistics Group Limited's employee growth, exchange listings and data sources
- Name: Move Logistics Group Limited
- Ticker: MOV
- Exchange: NZSE
- Founded: 1869
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: NZ$140.296m
- Shares outstanding: 87.68m
- Website: https://www.movelogistics.com
Number of Employees
- Move Logistics Group Limited
- 330 Devon Street East
- New Plymouth
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:30|
|End of Day Share Price||2021/10/20 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.