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Market Cap

zł587.6m

Last Updated

2021/05/12 20:51 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Excellent balance sheet unattractive dividend payer.

Share Price & News

How has Mangata Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MGT is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MGT's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

4.0%

MGT

-0.4%

PL Machinery

1.6%

PL Market


1 Year Return

59.3%

MGT

40.0%

PL Machinery

42.6%

PL Market

Return vs Industry: MGT exceeded the Polish Machinery industry which returned 41.3% over the past year.

Return vs Market: MGT exceeded the Polish Market which returned 42.5% over the past year.


Shareholder returns

MGTIndustryMarket
7 Day4.0%-0.4%1.6%
30 Day21.1%3.1%2.7%
90 Day31.9%1.0%5.5%
1 Year59.3%59.3%41.6%40.0%44.3%42.6%
3 Year10.5%-5.8%-10.2%-21.6%6.7%0.5%
5 Year-4.8%-23.0%32.6%14.1%29.9%15.4%

Long-Term Price Volatility Vs. Market

How volatile is Mangata Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

15.56x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MGT (PLN88.4) is trading above our estimate of fair value (PLN70.4)

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 (15.6x) compared to the Polish Machinery industry average (13.8x).

PE vs Market: MGT is good value based on its PE Ratio (15.6x) compared to the Polish market (15.9x).


Price to Earnings Growth Ratio

PEG Ratio: MGT is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: MGT is overvalued based on its PB Ratio (1.3x) compared to the PL Machinery industry average (1x).


Future Growth

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

6.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MGT's forecast earnings growth (6.7% per year) is above the savings rate (2.6%).

Earnings vs Market: MGT's earnings (6.7% per year) are forecast to grow slower than the Polish market (20.7% per year).

High Growth Earnings: MGT's earnings are forecast to grow, but not significantly.

Revenue vs Market: MGT's revenue (5.4% per year) is forecast to grow slower than the Polish market (6.2% per year).

High Growth Revenue: MGT's revenue (5.4% 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?

-1.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MGT has high quality earnings.

Growing Profit Margin: MGT's current net profit margins (6.5%) are lower than last year (7.2%).


Past Earnings Growth Analysis

Earnings Trend: MGT's earnings have declined by 1.1% per year over the past 5 years.

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

Earnings vs Industry: MGT had negative earnings growth (-18.5%) over the past year, making it difficult to compare to the Machinery industry average (-26.1%).


Return on Equity

High ROE: MGT's Return on Equity (8.4%) is considered low.


Financial Health

How is Mangata Holding's financial position?


Financial Position Analysis

Short Term Liabilities: MGT's short term assets (PLN292.4M) exceed its short term liabilities (PLN177.2M).

Long Term Liabilities: MGT's short term assets (PLN292.4M) exceed its long term liabilities (PLN140.1M).


Debt to Equity History and Analysis

Debt Level: MGT's debt to equity ratio (23.8%) is considered satisfactory.

Reducing Debt: MGT's debt to equity ratio has increased from 18.7% to 23.8% over the past 5 years.

Debt Coverage: MGT's debt is well covered by operating cash flow (65.6%).

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


Balance Sheet


Dividend

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

5.09%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MGT's dividend (5.09%) is higher than the bottom 25% of dividend payers in the Polish market (1.5%).

High Dividend: MGT's dividend (5.09%) is low compared to the top 25% of dividend payers in the Polish market (5.26%).


Stability and Growth of Payments

Stable Dividend: MGT has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: MGT's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (79.2%), MGT's 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?

zł1m

CEO Compensation


CEO

Leszek Jurasz

20yrs

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: Leszek's total compensation ($USD338.28K) is above average for companies of similar size in the Polish market ($USD232.90K).

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


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 company bio, 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: zł587.563m
  • 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


Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/12 20:51
End of Day Share Price2021/05/12 00:00
Earnings2021/03/31
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.