Mercator Medical S.A., together with its subsidiaries, produces medical gloves and distributes medical disposables in Europe and Russia.
Mediocre balance sheet with questionable track record.
Share Price & News
How has Mercator Medical's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MRC's share price has been volatile over the past 3 months.
7 Day Return
PL Medical Equipment
1 Year Return
PL Medical Equipment
Return vs Industry: MRC exceeded the Polish Medical Equipment industry which returned 268.2% over the past year.
Return vs Market: MRC exceeded the Polish Market which returned -15.9% over the past year.
Price Volatility Vs. Market
How volatile is Mercator Medical's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StA Look At The Fair Value Of Mercator Medical S.A. (WSE:MRC)
1 month ago | Simply Wall StIs It Worth Buying Mercator Medical S.A. (WSE:MRC) For Its 1.1% Dividend Yield?
1 month ago | Simply Wall StWhat Is Mercator Medical S.A.'s (WSE:MRC) Share Price Doing?
Is Mercator Medical undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MRC (PLN142) is trading above our estimate of fair value (PLN7.18)
Significantly Below Fair Value: MRC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MRC is poor value based on its PE Ratio (66.5x) compared to the XE Medical Equipment industry average (38.4x).
PE vs Market: MRC is poor value based on its PE Ratio (66.5x) compared to the Polish market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MRC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MRC is overvalued based on its PB Ratio (9.8x) compared to the PL Medical Equipment industry average (5.6x).
How is Mercator Medical forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Healthcare 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 Mercator Medical 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.
- Take a look at our analysis of MRC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Mercator Medical competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Healthcare industry.
How has Mercator Medical performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MRC has high quality earnings.
Growing Profit Margin: MRC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MRC's earnings have declined by -18.4% per year over the past 5 years.
Accelerating Growth: MRC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MRC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Medical Equipment industry (-1.7%).
Return on Equity
High ROE: MRC's Return on Equity (14.4%) is considered low.
How is Mercator Medical's financial position?
Financial Position Analysis
Short Term Liabilities: MRC's short term assets (PLN215.9M) exceed its short term liabilities (PLN163.0M).
Long Term Liabilities: MRC's short term assets (PLN215.9M) exceed its long term liabilities (PLN91.4M).
Debt to Equity History and Analysis
Debt Level: MRC's debt to equity ratio (92.3%) is considered high.
Reducing Debt: MRC's debt to equity ratio has increased from 65.2% to 92.3% over the past 5 years.
Debt Coverage: MRC's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: MRC's interest payments on its debt are well covered by EBIT (5.6x coverage).
What is Mercator Medical current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MRC's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the Polish market (1.72%).
High Dividend: MRC's dividend (0.35%) is low compared to the top 25% of dividend payers in the Polish market (6.18%).
Stability and Growth of Payments
Stable Dividend: MRC is not paying a notable dividend for the Polish market, therefore no need to check if payments are stable.
Growing Dividend: MRC is not paying a notable dividend for the Polish market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MRC is not paying a notable dividend for the Polish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MRC's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Wieslaw Zyznowski (56yo)
Dr. Wieslaw Zyznowski has been the Chairman of Management Board at Mercator Medical Spólka Akcyjna since 2010. In the 90s Dr. Zyznowski co-founded the Mercator. From 1991 to 2001 he served as (apart from a ...
CEO Compensation Analysis
Compensation vs Market: Wieslaw's total compensation ($USD119.69K) is below average for companies of similar size in the Polish market ($USD362.08K).
Compensation vs Earnings: Wieslaw's compensation has been consistent with company performance over the past year.
|Chairman of Management Board||10.5yrs||zł470.10k||3.94% PLN59.3m|
|Vice-President of the Management Board & Financial Director||1.5yrs||zł558.70k||0.073% PLN1.1m|
|Member of Management Board||2.92yrs||zł382.50k||0.040% PLN607.7k|
|Member of the Management Board||0.67yr||zł6.30k||0.0057% PLN85.2k|
Experienced Management: MRC's management team is considered experienced (2.2 years average tenure).
|Member of Supervisory Board||6.08yrs||zł26.40k||no data|
|Chairwoman of Supervisory Board||10.5yrs||zł50.40k||0.16% PLN2.5m|
|Vice Chairman of Supervisory Board||no data||zł26.40k||0.029% PLN442.5k|
|Independent Member of Supervisory Board||6.92yrs||zł26.40k||no data|
|Member of the Supervisory Board||no data||zł50.20k||no data|
Experienced Board: MRC's board of directors are considered experienced (6.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mercator Medical S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Mercator Medical S.A.
- Ticker: MRC
- Exchange: WSE
- Founded: 1989
- Industry: Health Care Supplies
- Sector: Healthcare
- Market Cap: zł1.506b
- Shares outstanding: 10.60m
- Website: https://mercatormedical.eu
- Mercator Medical S.A.
- Ul. H. Modrzejewskiej 30
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MRC||WSE (Warsaw Stock Exchange)||Yes||Bearer Shares||PL||PLN||Jan 2014|
|0QJM||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||PLN||Jan 2014|
Mercator Medical S.A., together with its subsidiaries, produces medical gloves and distributes medical disposables in Europe and Russia. The company offers surgical gloves for conducting invasive surgeries that require sterile conditions; sterile examination and protective gloves for medical, outpatient, and diagnostic examinations, as well as therapeutic activities and working with septic materials; household gloves for use in gardening, housework, and cosmetic procedures; and protective and heavy-duty gloves. It also provides dressing products, such as gauze, non-woven fabric, non-woven cotton, sterile adhesive, and plaster dressing products, as well as medical adhesive tapes, elastic tubular bandages, absorption pads, and dialysis kits; and medical protective clothing, including caps, masks, medical coats and gowns, shoe covers, oversleeves, coveralls, scrub suits, and patients shirts. In addition, the company offers surgical drapes comprising sheets; non-woven drapes; surgical packs; and additional sterile items, which supplement the drape packs for the surgical site. Further, it provides professional services to food processing industry and gastronomy, pharmacies, cosmetology, and cleaning companies, as well as to uniformed services. The company markets its products under the ambulance, comfort, dermagel, ideal, nitrylex, opero, safeLINE, santex, and vinylex brands. It primarily serves hospitals, clinics, outpatient departments, doctor’s offices, and dental and veterinary clinics through direct sales, as well as through partners, tenders, and wholesale and retail sales. Mercator Medical S.A. was founded in 1989 and is headquartered in Kraków, Poland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 20:58|
|End of Day Share Price||2020/07/14 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.