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MGMC

Muscat Gases Company SAOG MSM:MGMC Stock Report

Last Price

ر.ع0.15

Market Cap

ر.ع4.4m

7D

0%

1Y

-15.1%

Updated

06 Aug, 2022

Data

Company Financials
MGMC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

MGMC Stock Overview

Muscat Gases Company SAOG engages in the manufacture and sale of industrial and cooking gases in the Sultanate of Oman and the United Arab Emirates.

Muscat Gases Company SAOG Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Muscat Gases Company SAOG
Historical stock prices
Current Share Priceر.ع0.15
52 Week Highر.ع0.17
52 Week Lowر.ع0.14
Beta0.55
1 Month Change-1.35%
3 Month Change-2.67%
1 Year Change-15.12%
3 Year Change3.55%
5 Year Change-73.84%
Change since IPO-51.47%

Recent News & Updates

Shareholder Returns

MGMCOM Oil and GasOM Market
7D0%5.6%2.8%
1Y-15.1%-0.4%15.0%

Return vs Industry: MGMC underperformed the OM Oil and Gas industry which returned -0.4% over the past year.

Return vs Market: MGMC underperformed the OM Market which returned 15% over the past year.

Price Volatility

Is MGMC's price volatile compared to industry and market?
MGMC volatility
MGMC Average Weekly Movement1.7%
Oil and Gas Industry Average Movement3.7%
Market Average Movement3.7%
10% most volatile stocks in OM Market6.5%
10% least volatile stocks in OM Market1.8%

Stable Share Price: MGMC is less volatile than 75% of OM stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: MGMC's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983n/aImad Al Sabbagh Adnanhttps://muscatgas.com

Muscat Gases Company SAOG engages in the manufacture and sale of industrial and cooking gases in the Sultanate of Oman and the United Arab Emirates. It is involved in the bottling and distribution of liquefied petroleum gas (LPG); and provision of maintenance services for gas systems. The company also manufactures and supplies blends of deodorized LPG to perfume and insecticide industries under the Muscat Gases Aerosol Propellant name.

Muscat Gases Company SAOG Fundamentals Summary

How do Muscat Gases Company SAOG's earnings and revenue compare to its market cap?
MGMC fundamental statistics
Market Capر.ع4.38m
Earnings (TTM)ر.ع37.84k
Revenue (TTM)ر.ع21.44m

115.9x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MGMC income statement (TTM)
Revenueر.ع21.44m
Cost of Revenueر.ع20.64m
Gross Profitر.ع800.85k
Other Expensesر.ع763.02k
Earningsر.ع37.84k

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.0013
Gross Margin3.73%
Net Profit Margin0.18%
Debt/Equity Ratio7.2%

How did MGMC perform over the long term?

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

Valuation

Is MGMC 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings 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 MGMC?

Other financial metrics that can be useful for relative valuation.

MGMC 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/Revenue0.1x
Enterprise Value/EBITDA10.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does MGMC's PE Ratio compare to its peers?

MGMC PE Ratio vs Peers
The above table shows the PE ratio for MGMC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.8x
MHAS Al Maha Petroleum Products Marketing Company SAOG
11.4xn/aر.ع50.0m
OOMS Oman Oil Marketing Company SAOG
12.3xn/aر.ع60.1m
SOMS Shell Oman Marketing Company SAOG
17.7xn/aر.ع94.6m
RNSS Renaissance Services SAOG
9.9xn/aر.ع108.9m
MGMC Muscat Gases Company SAOG
115.9xn/aر.ع4.4m

Price-To-Earnings vs Peers: MGMC is expensive based on its Price-To-Earnings Ratio (115.9x) compared to the peer average (12.8x).


Price to Earnings Ratio vs Industry

How does MGMC's PE Ratio compare vs other companies in the Asian Oil and Gas Industry?

Price-To-Earnings vs Industry: MGMC is expensive based on its Price-To-Earnings Ratio (115.9x) compared to the Asian Oil and Gas industry average (9.9x)


Price to Earnings Ratio vs Fair Ratio

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

MGMC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio115.9x
Fair PE Ration/a

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


Share Price vs Fair Value

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

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

Significantly Below Fair Value: Insufficient data to calculate MGMC'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.


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Future Growth

How is Muscat Gases Company SAOG 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


-2.7%

Forecasted Energy 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 Muscat Gases Company SAOG 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.


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Past Performance

How has Muscat Gases Company SAOG 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


-40.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MGMC has a high level of non-cash earnings.

Growing Profit Margin: MGMC's current net profit margins (0.2%) are lower than last year (2.2%).


Past Earnings Growth Analysis

Earnings Trend: MGMC's earnings have declined by 40.1% per year over the past 5 years.

Accelerating Growth: MGMC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MGMC had negative earnings growth (-89.3%) over the past year, making it difficult to compare to the Oil and Gas industry average (39.2%).


Return on Equity

High ROE: MGMC's Return on Equity (0.6%) is considered low.


Discover strong past performing companies

Financial Health

How is Muscat Gases Company SAOG's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MGMC's short term assets (OMR6.3M) exceed its short term liabilities (OMR3.7M).

Long Term Liabilities: MGMC's short term assets (OMR6.3M) exceed its long term liabilities (OMR775.8K).


Debt to Equity History and Analysis

Debt Level: MGMC has more cash than its total debt.

Reducing Debt: Insufficient data to determine if MGMC's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: MGMC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: MGMC earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Muscat Gases Company SAOG 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 MGMC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MGMC'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 MGMC's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

Earnings Coverage: MGMC is not paying a notable dividend for the OM market.


Cash Payout to Shareholders

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


Discover strong dividend paying companies

Management

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

5.2yrs

Average board tenure


CEO

Imad Al Sabbagh Adnan

4.08yrs

Tenure

Mr. Imad Al Sabbagh Mohamed Adnan has been Chief Executive Officer of Muscat Gases Company SAOG since July 22, 2018. He has a rich experience of more than 20 years in various business sectors; it includes...


Board Members

Experienced Board: MGMC's board of directors are considered experienced (5.2 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

Muscat Gases Company SAOG's employee growth, exchange listings and data sources


Key Information

  • Name: Muscat Gases Company SAOG
  • Ticker: MGMC
  • Exchange: MSM
  • Founded: 1983
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Implied Market Cap: ر.ع4.380m
  • Shares outstanding: 30.00m
  • Website: https://muscatgas.com

Location

  • Muscat Gases Company SAOG
  • Way 48
  • Azaiba North
  • Muscat
  • Oman

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/06 00:00
End of Day Share Price2022/08/04 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.