OM:MQ

Stock Analysis Report

Executive Summary

MQ Holding AB owns and operates fashion stores in Sweden.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-5.4%

MQ

3.2%

SE Specialty Retail

2.1%

SE Market


1 Year Return

-82.7%

MQ

23.0%

SE Specialty Retail

12.1%

SE Market

Return vs Industry: MQ underperformed the Swedish Specialty Retail industry which returned 23% over the past year.

Return vs Market: MQ underperformed the Swedish Market which returned 12.1% over the past year.


Shareholder returns

MQIndustryMarket
7 Day-5.4%3.2%2.1%
30 Day-15.6%8.5%1.6%
90 Day-8.7%20.1%3.7%
1 Year-76.1%-82.7%30.3%23.0%16.8%12.1%
3 Year-90.7%-94.0%-8.5%-20.8%32.2%12.4%
5 Year-89.7%-93.8%-6.6%-24.4%62.8%28.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MQ's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MQ's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MQ is unprofitable, so we can't compare its PE Ratio to the Specialty Retail industry average.

PE vs Market: MQ is unprofitable, so we can't compare its PE Ratio to the Swedish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MQ is good value based on its PB Ratio (0.2x) compared to the SE Specialty Retail industry average (2.5x).


Next Steps

Future Growth

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

57.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MQ is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MQ is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MQ is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MQ's revenue is expected to decline over the next 3 years (-3.2% per year).

High Growth Revenue: MQ's revenue is forecast to decline over the next 3 years (-3.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has MQ Holding performed over the past 5 years?

-62.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MQ is unprofitable, and losses have increased over the past 5 years at a rate of -62.4% per year.

Accelerating Growth: Unable to compare MQ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MQ is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-3.8%).


Return on Equity

High ROE: MQ has a negative Return on Equity (-75.1%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: MQ is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: MQ is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is MQ Holding's financial position?


Financial Position Analysis

Short Term Liabilities: MQ's short term assets (SEK457.0M) exceeds its short term liabilities (SEK387.0M)

Long Term Liabilities: MQ's short term assets (457.0M) exceeds its long term liabilities (196.0M)


Debt to Equity History and Analysis

Debt Level: MQ's debt to equity ratio (14.8%) is considered satisfactory

Reducing Debt: MQ's debt to equity ratio has reduced from 23.3% to 14.8% over the past 5 years.

Debt Coverage: MQ's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if MQ's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: MQ has a high level of physical assets or inventory.

Debt Coverage by Assets: MQ's debt is covered by short term assets (assets are 4.314570x debt).


Next Steps

Dividend

What is MQ Holding's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.8%markettop25%4.6%industryaverage4.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate MQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate MQ's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if MQ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MQ's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: MQ is not paying a notable dividend for the Swedish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MQ's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.


Next Steps

Management

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

1.2yrs

Average management tenure


CEO

Ingvar Larsson (47yo)

1.2yrs

Tenure

0

Mr. Ingvar Larsson, M.Sc.(Econ.), served as Chief Executive Officer of Lindex and Director of the Fashion Chain Division for the Stockmann Oyj ABP since June 6, 2014 until August 26, 2017. He serves as the ...


Management Age and Tenure

1.2yrs

Average Tenure

47yo

Average Age

Experienced Management: MQ's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Age and Tenure

5.8yrs

Average Tenure

52yo

Average Age

Experienced Board: MQ's board of directors are considered experienced (5.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Buykr5,307,23904 Jun 19
Anna Engebretsen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,122,892
Max Pricekr2.50
Buykr1,417,29119 Dec 18
Anna Engebretsen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares138,406
Max Pricekr10.24

Ownership Breakdown


Management Team

  • Gunnel Haknert

    Chief Accountant

    • Tenure: 0yrs
  • Ingvar Larsson (47yo)

    President & CEO

    • Tenure: 1.2yrs
  • Pernilla Siewertz (48yo)

    Human Resource Manager

    • Tenure: 2.4yrs
  • Eric Lundkvist (40yo)

    Head of Digital Sales

    • Tenure: 1.8yrs
  • Ola Wahlström

    Chief Financial Officer

    • Tenure: 0.8yrs
  • Mikael Kruse (39yo)

    Head of Marketing

    • Tenure: 0.7yrs
  • Katarina Blomqvist (55yo)

    Head of Sales

    • Tenure: 0yrs

Board Members

  • Claes-Göran Sylvén (60yo)

    Chairman

    • Tenure: 4.8yrs
  • Anna Engebretsen (37yo)

    Director

    • Tenure: 4.8yrs
  • Bengt Jaller (65yo)

    Deputy Chairman

    • Tenure: 7.8yrs
  • Annika Rost (62yo)

    Director

    • Tenure: 5.8yrs
  • Therese Hillman (39yo)

    Director

    • Tenure: 0.8yrs
  • Arthur Engel (52yo)

    Director

    • Tenure: 5.8yrs
  • Mernosh Saatchi (40yo)

    Director

    • Tenure: 5.8yrs

Company Information

MQ Holding AB's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MQ Holding AB
  • Ticker: MQ
  • Exchange: OM
  • Founded: 1957
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: kr222.013m
  • Shares outstanding: 105.47m
  • Website: https://www.mq.se

Number of Employees


Location

  • MQ Holding AB
  • Sankt Eriksgatan 5
  • Box 119 19
  • Gothenburg
  • Västra Götaland County
  • 404 39
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MQOM (OMX Nordic Exchange Stockholm)YesCommon SharesSESEKJun 2010
MQSBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBSEKJun 2010
4MQDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2010

Biography

MQ Holding AB owns and operates fashion stores in Sweden. Its stores sell menswear and womenswear through proprietary and external brands, as well as various textiles. As of August 31, 2018, the company op ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 21:07
End of Day Share Price2019/10/18 00:00
Earnings2019/08/31
Annual Earnings2019/08/31


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.