WSE:MGT

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Excellent balance sheet and good value.

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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.1%

MGT

1.2%

PL Machinery

-1.8%

PL Market


1 Year Return

-28.0%

MGT

-16.1%

PL Machinery

-12.8%

PL Market

Return vs Industry: MGT underperformed the Polish Machinery industry which returned -16.1% over the past year.

Return vs Market: MGT underperformed the Polish Market which returned -12.8% over the past year.


Shareholder returns

MGTIndustryMarket
7 Day-2.1%1.2%-1.8%
30 Day-5.3%1.0%-4.7%
90 Day-10.9%-2.9%-1.8%
1 Year-28.0%-28.0%-15.5%-16.1%-12.1%-12.8%
3 Year-45.0%-53.1%-35.8%-43.6%-23.8%-28.4%
5 Year-33.3%-46.1%-7.5%-17.8%-8.3%-18.6%

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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MGT (PLN46.8) is trading below our estimate of fair value (PLN187.76)

Significantly Below Fair Value: MGT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MGT is good value based on its PE Ratio (7.8x) compared to the PL Machinery industry average (8.3x).

PE vs Market: MGT is good value based on its PE Ratio (7.8x) compared to the Polish market (12.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MGT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MGT's PB Ratio (0.7x) is in line with the PL Machinery industry average.


Next Steps

Future Growth

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

24.1%

Forecasted Capital Goods 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 Mangata Holding 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.


Next Steps

Past Performance

How has Mangata Holding performed over the past 5 years?

8.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MGT has high quality earnings.

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


Past Earnings Growth Analysis

Earnings Trend: MGT's earnings have grown by 8.2% 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 (-22%) over the past year, making it difficult to compare to the Machinery industry average (-7.6%).


Return on Equity

High ROE: MGT's Return on Equity (9.4%) is considered low.


Next Steps

Financial Health

How is Mangata Holding's financial position?


Financial Position Analysis

Short Term Liabilities: MGT's short term assets (PLN241.7M) exceed its short term liabilities (PLN153.2M).

Long Term Liabilities: MGT's short term assets (PLN241.7M) exceed its long term liabilities (PLN137.5M).


Debt to Equity History and Analysis

Debt Level: MGT's debt to equity ratio (28%) is considered satisfactory.

Reducing Debt: MGT's debt to equity ratio has increased from 16% to 28% over the past 5 years.

Debt Coverage: MGT's debt is well covered by operating cash flow (81.8%).

Interest Coverage: MGT's interest payments on its debt are well covered by EBIT (21.1x coverage).


Balance Sheet


Next Steps

Dividend

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

9.62%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MGT's dividend (9.62%) is higher than the bottom 25% of dividend payers in the Polish market (1.79%).

High Dividend: MGT's dividend (9.62%) is in the top 25% of dividend payers in the Polish market (6.16%)


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: With its reasonable payout ratio (74.6%), 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?

zł1m

CEO Compensation


CEO

Leszek Jurasz

19.33yrs

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: Leszek's total compensation ($USD338.97K) is above average for companies of similar size in the Polish market ($USD154.07K).

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: zł312.477m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MGTWSE (Warsaw Stock Exchange)YesCommon SharesPLPLNApr 2005
0N0SLSE (London Stock Exchange)YesCommon SharesGBPLNApr 2005

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 for use i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 04:33
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.