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Mineral Midrange

WSE:MND
Snowflake Description

Excellent balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MND
WSE
PLN2M
Market Cap
  1. Home
  2. PL
  3. Software
Company description

Mineral Midrange S.A., a consulting company, provides information technology services to corporate clients in Europe. The last earnings update was 94 days ago. More info.


Add to Portfolio Compare Print
  • Mineral Midrange has significant price volatility in the past 3 months.
MND Share Price and Events
7 Day Returns
0%
WSE:MND
0.4%
PL IT
-0.9%
PL Market
1 Year Returns
17.5%
WSE:MND
15.1%
PL IT
-7.4%
PL Market
MND Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mineral Midrange (MND) 0% 0% 4.4% 17.5% -42.7% -28.8%
PL IT 0.4% 1.2% 9% 15.1% 34.7% 48%
PL Market -0.9% -7.1% -6.3% -7.4% 9.6% -11.5%
1 Year Return vs Industry and Market
  • MND outperformed the IT industry which returned 15.1% over the past year.
  • MND outperformed the Market in Poland which returned -7.4% over the past year.
Price Volatility
MND
Industry
5yr Volatility vs Market

Value

 Is Mineral Midrange undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Mineral Midrange to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Mineral Midrange.

WSE:MND Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 10.4%
Perpetual Growth Rate 10-Year PL Government Bond Rate 2.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for WSE:MND
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year PL Govt Bond Rate 2.9%
Equity Risk Premium S&P Global 7.1%
IT Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.049 (1 + (1- 19%) (4.39%))
1.058
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.85% + (1.058 * 7.14%)
10.4%

Discounted Cash Flow Calculation for WSE:MND using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Mineral Midrange is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

WSE:MND DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (PLN, Millions) Source Present Value
Discounted (@ 10.4%)
2019 0.02 Est @ -55.39% 0.02
2020 0.01 Est @ -37.92% 0.01
2021 0.01 Est @ -25.69% 0.01
2022 0.01 Est @ -17.13% 0.00
2023 0.01 Est @ -11.13% 0.00
2024 0.01 Est @ -6.94% 0.00
2025 0.01 Est @ -4% 0.00
2026 0.01 Est @ -1.95% 0.00
2027 0.01 Est @ -0.51% 0.00
2028 0.01 Est @ 0.5% 0.00
Present value of next 10 years cash flows PLN0.05
WSE:MND DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= PLN0.01 × (1 + 2.85%) ÷ (10.4% – 2.85%)
PLN0.07
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= PLN0.07 ÷ (1 + 10.4%)10
PLN0.03
WSE:MND Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= PLN0.05 + PLN0.03
PLN0.08
Equity Value per Share
(PLN)
= Total value / Shares Outstanding
= PLN0.08 / 4.41
PLN0.02
WSE:MND Discount to Share Price
Calculation Result
Value per share (PLN) From above. PLN0.02
Current discount Discount to share price of PLN0.47
= -1 x (PLN0.47 - PLN0.02) / PLN0.02
-2459.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Mineral Midrange is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Mineral Midrange's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mineral Midrange's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
WSE:MND PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in PLN PLN0.18
WSE:MND Share Price ** WSE (2019-04-11) in PLN PLN0.47
Poland IT Industry PE Ratio Median Figure of 21 Publicly-Listed IT Companies 9.81x
Poland Market PE Ratio Median Figure of 463 Publicly-Listed Companies 10.7x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Mineral Midrange.

WSE:MND PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= WSE:MND Share Price ÷ EPS (both in PLN)

= 0.47 ÷ 0.18

2.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mineral Midrange is good value based on earnings compared to the PL IT industry average.
  • Mineral Midrange is good value based on earnings compared to the Poland market.
Price based on expected Growth
Does Mineral Midrange's expected growth come at a high price?
Raw Data
WSE:MND PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-30.6%per year
Europe IT Industry PEG Ratio Median Figure of 83 Publicly-Listed IT Companies 1.55x
Poland Market PEG Ratio Median Figure of 113 Publicly-Listed Companies 0.93x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Mineral Midrange, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mineral Midrange's assets?
Raw Data
WSE:MND PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in PLN PLN0.28
WSE:MND Share Price * WSE (2019-04-11) in PLN PLN0.47
Poland IT Industry PB Ratio Median Figure of 30 Publicly-Listed IT Companies 1.25x
Poland Market PB Ratio Median Figure of 689 Publicly-Listed Companies 0.97x
WSE:MND PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= WSE:MND Share Price ÷ Book Value per Share (both in PLN)

= 0.47 ÷ 0.28

1.69x

* Primary Listing of Mineral Midrange.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mineral Midrange is overvalued based on assets compared to the PL IT industry average.
X
Value checks
We assess Mineral Midrange's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Mineral Midrange has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Mineral Midrange expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Mineral Midrange, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-30.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mineral Midrange expected to grow at an attractive rate?
  • Mineral Midrange's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.9%.
Growth vs Market Checks
  • Mineral Midrange's earnings are expected to decrease over the next 1-3 years, this is below the Poland market average.
  • Unable to compare Mineral Midrange's revenue growth to the Poland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
WSE:MND Future Growth Rates Data Sources
Data Point Source Value (per year)
WSE:MND Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -30.6%
Poland IT Industry Earnings Growth Rate Market Cap Weighted Average 11.9%
Europe IT Industry Revenue Growth Rate Market Cap Weighted Average 5.5%
Poland Market Earnings Growth Rate Market Cap Weighted Average 10%
Poland Market Revenue Growth Rate Market Cap Weighted Average 5.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
WSE:MND Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in PLN Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
WSE:MND Past Financials Data
Date (Data in PLN Millions) Revenue Cash Flow Net Income *
2018-12-31 11 0 1
2018-09-30 10 0 0
2018-06-30 9 0 -1
2018-03-31 9 0 -1
2017-12-31 9 0 -1
2017-09-30 10 1 -1
2017-06-30 10 1 0
2017-03-31 11 1 0
2016-12-31 11 0 0
2016-09-30 10 0 0
2016-06-30 10 0 0
2016-03-31 10 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mineral Midrange's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Mineral Midrange is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
WSE:MND Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Mineral Midrange Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WSE:MND Past Financials Data
Date (Data in PLN Millions) EPS *
2018-12-31 0.18
2018-09-30 0.03
2018-06-30 -0.13
2018-03-31 -0.16
2017-12-31 -0.22
2017-09-30 -0.17
2017-06-30 -0.02
2017-03-31 -0.01
2016-12-31 0.07
2016-09-30 0.06
2016-06-30 0.07
2016-03-31 0.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Mineral Midrange will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Mineral Midrange's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Poland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Mineral Midrange has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Mineral Midrange performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Mineral Midrange's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Mineral Midrange's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Mineral Midrange has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Mineral Midrange has become profitable in the last year making it difficult to compare the PL IT industry average.
Earnings and Revenue History
Mineral Midrange's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Mineral Midrange Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WSE:MND Past Revenue, Cash Flow and Net Income Data
Date (Data in PLN Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 10.95 0.80 2.56
2018-09-30 9.82 0.14 2.53
2018-06-30 9.17 -0.57 2.67
2018-03-31 9.29 -0.71 2.78
2017-12-31 9.40 -0.99 2.87
2017-09-30 9.91 -0.74 3.03
2017-06-30 10.38 -0.11 3.03
2017-03-31 10.86 -0.03 3.09
2016-12-31 11.15 0.31 3.25
2016-09-30 10.36 0.28 3.07
2016-06-30 10.01 0.29 3.13
2016-03-31 9.69 0.43 3.02
2015-12-31 8.73 0.14 2.94
2015-09-30 8.67 0.12 3.20
2015-06-30 9.36 0.18 3.17
2015-03-31 9.50 0.28 3.12
2014-12-31 9.86 0.55 3.11
2014-09-30 10.36 0.87 2.92
2014-06-30 9.56 0.76 2.87
2014-03-31 8.64 0.57 2.86
2013-12-31 7.36 0.08 2.65
2013-09-30 6.14 -0.23 4.66
2013-06-30 6.66 0.01 4.02
2013-03-31 6.57 -0.28 3.39
2012-12-31 7.13 0.01 2.81
2012-09-30 7.53 0.33 2.47
2012-06-30 7.26 -0.03 2.47

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Mineral Midrange made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Mineral Midrange used its assets more efficiently than the PL IT industry average last year based on Return on Assets.
  • Mineral Midrange has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Mineral Midrange's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Mineral Midrange has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Mineral Midrange's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mineral Midrange's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mineral Midrange is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mineral Midrange's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mineral Midrange's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 59.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Mineral Midrange Company Filings, last reported 4 months ago.

WSE:MND Past Debt and Equity Data
Date (Data in PLN Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1.23 0.09 0.12
2018-09-30 0.69 0.11 0.12
2018-06-30 0.64 0.13 0.11
2018-03-31 0.61 0.15 0.14
2017-12-31 0.43 0.19 0.13
2017-09-30 0.56 0.18 0.08
2017-06-30 1.21 0.24 0.19
2017-03-31 1.33 0.22 0.07
2016-12-31 1.42 0.74 0.21
2016-09-30 1.30 0.26 0.09
2016-06-30 1.32 0.20 0.09
2016-03-31 1.49 0.21 0.07
2015-12-31 1.26 0.53 0.18
2015-09-30 1.17 0.24 0.10
2015-06-30 1.19 0.08 0.43
2015-03-31 1.44 0.00 0.17
2014-12-31 1.50 0.01 0.55
2014-09-30 2.08 0.01 0.18
2014-06-30 3.42 0.01 0.62
2014-03-31 3.22 0.01 0.61
2013-12-31 3.00 0.01 0.72
2013-09-30 2.63 0.04 0.38
2013-06-30 2.67 0.06 0.07
2013-03-31 2.66 0.07 0.21
2012-12-31 2.94 0.19 0.37
2012-09-30 2.86 0.09 0.09
2012-06-30
  • Mineral Midrange's level of debt (7.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.5% vs 7.4% today).
  • Debt is well covered by operating cash flow (121.4%, greater than 20% of total debt).
  • Mineral Midrange earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Mineral Midrange's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Mineral Midrange has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Mineral Midrange's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Mineral Midrange dividends.
If you bought PLN2,000 of Mineral Midrange shares you are expected to receive PLN0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Mineral Midrange's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Mineral Midrange's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
WSE:MND Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Poland IT Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2%
Poland Market Average Dividend Yield Market Cap Weighted Average of 200 Stocks 4.1%
Poland Minimum Threshold Dividend Yield 10th Percentile 1.5%
Poland Bottom 25% Dividend Yield 25th Percentile 2.8%
Poland Top 25% Dividend Yield 75th Percentile 7.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

WSE:MND Past Annualized Dividends Data
Date (Data in PLN) Dividend per share (annual) Avg. Yield (%)
2019-02-15 0.000 0.000
2018-12-10 0.000 0.000
2018-08-14 0.000 0.000
2018-05-14 0.000 0.000
2018-04-17 0.000 0.000
2018-04-03 0.000 0.000
2017-11-13 0.000 0.000
2017-08-11 0.000 0.000
2017-05-15 0.000 0.000
2017-03-31 0.000 0.000
2016-08-11 0.030 5.452
2016-04-11 0.030 4.153
2015-03-31 0.100 16.137

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Mineral Midrange has not reported any payouts.
  • Unable to verify if Mineral Midrange's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Mineral Midrange's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Mineral Midrange has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Mineral Midrange's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Mineral Midrange afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mineral Midrange has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Mineral Midrange's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tomasz Lewicki
COMPENSATION PLN2,153
CEO Bio

Mr. Tomasz Mateusz Lewicki is a Co-Founder of Mineral Midrange SA and serves as its Chief Executive Officer, Managing Director and Chairman and Member of the Management Board. In the process of his professional career, Mr. Lewicki has always been involved with the field of computer technologies, particularly integration of the software. He worked as the analyst – programmer in DMZ „Chemak” in Szczecin and as a specialist in the Team of Stock Exchange Systems of the Warsaw Stock Exchange. He studied archaeology and the art photography. From the education, Mr. Lewicki is a computer specialist, in 1994, he got the graduate with a bachelor's degree in Zachodniopomorska Business School, then in 1996 he got the title of the master's degree on Computer Science and Econometrics of the Szczecin University.

CEO Compensation
  • Insufficient data for Tomasz to compare compensation growth.
  • Insufficient data for Tomasz to establish whether their remuneration is reasonable compared to companies of similar size in Poland.
Management Team

Tomasz Lewicki

TITLE
Co-Founder
COMPENSATION
PLN2K

Marek Wojtachnia

TITLE
Co-Founder
COMPENSATION
PLN2K

Marzena Figarska

TITLE
Chief Accountant
Board of Directors

Robert Twarowski

TITLE
Chairman of the Supervisory board
COMPENSATION
PLN3K

Michal Skruch

TITLE
Vice-Chairman of the Supervisory Board
COMPENSATION
PLN2K

Marcin Zantonowicz

TITLE
Member of the Supervisory Board
COMPENSATION
PLN2K

Pawel Stupak

TITLE
Member of the Supervisory Board

Slawomir Wrzask

TITLE
Member of the Supervisory Board
TENURE
4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (PLN) Value (PLN)
X
Management checks
We assess Mineral Midrange's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Mineral Midrange has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Type Of Shareholder Owns Mineral Midrange S.A.'s (WSE:MND)?

Generally speaking, as a company grows, institutions will increase their ownership. … Conversely, insiders often decrease their ownership over time. … Mineral Midrange is not a large company by global standards.

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Why Mineral Midrange S.A. (WSE:MND) Looks Like A Quality Company

Mineral Midrange has a ROE of 20%, based on the last twelve months. … One way to conceptualize this, is that for each PLN1 of shareholders' equity it has, the company made PLN0.20 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Why You Should Like Mineral Midrange S.A.’s (WSE:MND) ROCE

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

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What Does Mineral Midrange SA's (WSE:MND) Ownership Structure Look Like?

In this article, I will take a quick look at Mineral Midrange SA’s (WSE:MND) recent ownership structure – an unconventional investing subject, but an important one. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders. … Therefore, it is beneficial for us to examine MND's ownership structure in more detail.

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Who Owns Most Of Mineral Midrange SA. (WSE:MND)?

In this analysis, my focus will be on developing a perspective on Mineral Midrange SA.’s (WSE:MND) latest ownership structure, a less discussed, but important factor. … Check out our latest analysis for Mineral Midrange WSE:MND Ownership_summary Mar 29th 18 Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … Insiders buying company shares can be a positive indicator of future performance, but a selling decision can simply be driven by personal financial needs.

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Mineral Midrange SA. (WSE:MND): What Does It Mean For Your Portfolio?

Generally, an investor should consider two types of risk that impact the market value of MND. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Based on this beta value, MND appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market.

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Is Mineral Midrange SA. (WSE:MND) A Financially Sound Company?

With this debt payback, the current cash and short-term investment levels stands at ZŁ110.89K , ready to deploy into the business. … Moreover, MND has produced ZŁ796.54K in operating cash flow in the last twelve months, resulting in an operating cash to total debt ratio of 483.03%, signalling that MND’s current level of operating cash is high enough to cover debt. … Investors' risk associated with debt is very low with MND, and the company has plenty of headroom and ability to raise debt should it need to in the future.Next Steps: MND has demonstrated its ability to generate sufficient levels of cash flow, while its debt hovers at an appropriate level.

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Company Info

Description

Mineral Midrange S.A., a consulting company, provides information technology services to corporate clients in Europe. It offers services in the areas of business intelligence, enterprise planning, finance consolidation, and corporate performance management. The company serves banking, insurance, energy, FMCG/CPG, and public administration industries. Mineral Midrange S.A. was founded in 1998 and is based in Warsaw, Poland.

Details
Name: Mineral Midrange S.A.
MND
Exchange: WSE
Founded: 1998
PLN2,073,150
4,410,959
Website: http://www.mineralmidrange.com
Address: Mineral Midrange S.A.
ul. Krakowiaków 50,
Warsaw,
02-255,
Poland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
WSE MND Common Bearer Shares Warsaw Stock Exchange PL PLN 21. Aug 2008
Number of employees
Current staff
Staff numbers
0
Mineral Midrange employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 21:24
End of day share price update: 2019/04/11 00:00
Last earnings filing: 2019/02/15
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.