company background image
MGT

Mangata HoldingWSE:MGT Stock Report

Market Cap

zł514.1m

7D

-5.9%

1Y

70.4%

Updated

25 Sep, 2021

Data

Company Financials +
MGT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends3/6

MGT Overview

Mangata Holding S.A. operates in the industrial sector in Poland.

Price History & Performance

Summary of all time highs, changes and price drops for Mangata Holding
Historical stock prices
Current Share Pricezł77.00
52 Week Highzł40.00
52 Week Lowzł88.40
Beta0.72
1 Month Change0.52%
3 Month Change-12.10%
1 Year Change70.35%
3 Year Change17.74%
5 Year Change-34.19%
Change since IPO800.59%

Recent News & Updates

Shareholder Returns

MGTPL MachineryPL Market
7D-5.9%-2.7%-1.3%
1Y70.4%31.4%44.1%

Return vs Industry: MGT exceeded the Polish Machinery industry which returned 31.4% over the past year.

Return vs Market: MGT exceeded the Polish Market which returned 44.1% over the past year.

Price Volatility

Is MGT's price volatile compared to industry and market?
MGT volatility
MGT Beta0.72
Industry Beta0.82
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
19461,894Leszek Juraszhttps://mangata.com.pl

Mangata Holding S.A. operates in the industrial sector in Poland. It offers forgings for automotive, mining, construction, energy, and agriculture industries; exhaust systems and metal components; and car parts, mechanical parts, and servo drive parts, as well as parts for construction and agricultural machinery, hydraulic units, and high-pressure hydraulic pumps. The company also provides stop, bellow, check, butterfly, ball, and gate valves, as well as strainers, backflow preventers, rubber expansion joints, and castings; and bolts, nuts, washers, and rivets.

Mangata Holding Fundamentals Summary

How do Mangata Holding's earnings and revenue compare to its market cap?
MGT fundamental statistics
Market Capzł514.12m
Earnings (TTM)zł47.69m
Revenue (TTM)zł656.77m

10.8x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MGT income statement (TTM)
Revenuezł656.77m
Cost of Revenuezł506.93m
Gross Profitzł149.84m
Expenseszł102.15m
Earningszł47.69m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 28, 2021

Earnings per share (EPS)7.14
Gross Margin22.82%
Net Profit Margin7.26%
Debt/Equity Ratio28.7%

How did MGT perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

63%

Payout Ratio

Valuation

Is Mangata Holding undervalued compared to its fair value and its price relative to the market?

10.78x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MGT (PLN77) is trading above our estimate of fair value (PLN71.64)

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


Price To Earnings Ratio

PE vs Industry: MGT is poor value based on its PE Ratio (10.8x) compared to the Polish Machinery industry average (9.8x).

PE vs Market: MGT is good value based on its PE Ratio (10.8x) compared to the Polish market (13x).


Price to Earnings Growth Ratio

PEG Ratio: MGT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: MGT is overvalued based on its PB Ratio (1.2x) compared to the PL Machinery industry average (0.9x).


Future Growth

How is Mangata Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-5.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MGT's earnings are forecast to decline over the next 3 years (-5.7% per year).

Earnings vs Market: MGT's earnings are forecast to decline over the next 3 years (-5.7% per year).

High Growth Earnings: MGT's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MGT's revenue (4.3% per year) is forecast to grow slower than the Polish market (7.8% per year).

High Growth Revenue: MGT's revenue (4.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MGT's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Mangata Holding performed over the past 5 years?

-1.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MGT has high quality earnings.

Growing Profit Margin: MGT's current net profit margins (7.3%) are higher than last year (6.8%).


Past Earnings Growth Analysis

Earnings Trend: MGT's earnings have declined by 1.4% per year over the past 5 years.

Accelerating Growth: MGT's earnings growth over the past year (18.4%) exceeds its 5-year average (-1.4% per year).

Earnings vs Industry: MGT earnings growth over the past year (18.4%) underperformed the Machinery industry 35.4%.


Return on Equity

High ROE: MGT's Return on Equity (10.9%) is considered low.


Financial Health

How is Mangata Holding's financial position?


Financial Position Analysis

Short Term Liabilities: MGT's short term assets (PLN300.7M) exceed its short term liabilities (PLN200.6M).

Long Term Liabilities: MGT's short term assets (PLN300.7M) exceed its long term liabilities (PLN136.7M).


Debt to Equity History and Analysis

Debt Level: MGT's debt to equity ratio (28.7%) is considered satisfactory.

Reducing Debt: MGT's debt to equity ratio has increased from 19.3% to 28.7% over the past 5 years.

Debt Coverage: MGT's debt is well covered by operating cash flow (43.1%).

Interest Coverage: MGT's interest payments on its debt are well covered by EBIT (28.4x coverage).


Balance Sheet


Dividend

What is Mangata Holding current dividend yield, its reliability and sustainability?

5.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MGT's dividend (5.84%) is higher than the bottom 25% of dividend payers in the Polish market (2.21%).

High Dividend: MGT's dividend (5.84%) is low compared to the top 25% of dividend payers in the Polish market (6.22%).


Stability and Growth of Payments

Stable Dividend: MGT's dividend payments have been volatile in the past 10 years.

Growing Dividend: MGT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (63.1%), MGT's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

1.3yrs

Average board tenure


CEO

Leszek Jurasz

20.33yrs

Tenure

zł1,273,000

Compensation

Mr. Leszek Jurasz has been the President of Management Board and General Director of Mangata Holding S.A. since May 2001 and 2001 respectively. Mr. Jurasz serves as the Chairman of Supervisory Board at Tec...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Leszek's total compensation is reasonable compared to companies of similar size in the Polish market.

Compensation vs Earnings: Leszek's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: MGT's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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

Mangata Holding S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Mangata Holding S.A.
  • Ticker: MGT
  • Exchange: WSE
  • Founded: 1946
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: zł514.118m
  • Shares outstanding: 6.68m
  • Website: https://mangata.com.pl

Number of Employees


Location

  • Mangata Holding S.A.
  • Cechowa 6/8
  • Bielsko-Biala
  • 43-300
  • Poland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 17:03
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.