Munters Group AB (publ) provides energy efficient air treatment and climate solutions for commercial and industrial applications in Sweden, the United States, Germany, China, and internationally.
Proven track record with moderate growth potential.
Share Price & News
How has Munters Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MMNN.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MMNN.F underperformed the US Building industry which returned -4.9% over the past year.
Return vs Market: MMNN.F underperformed the US Market which returned 5.1% over the past year.
Price Volatility Vs. Market
How volatile is Munters Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Munters Group 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: MMNN.F ($2.43) is trading above our estimate of fair value ($1.92)
Significantly Below Fair Value: MMNN.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MMNN.F is poor value based on its PE Ratio (28.2x) compared to the Building industry average (18.8x).
PE vs Market: MMNN.F is poor value based on its PE Ratio (28.2x) compared to the US market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: MMNN.F is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: MMNN.F is overvalued based on its PB Ratio (2.4x) compared to the US Building industry average (2.2x).
How is Munters Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MMNN.F's forecast earnings growth (26.9% per year) is above the savings rate (2.2%).
Earnings vs Market: MMNN.F's earnings (26.9% per year) are forecast to grow faster than the US market (22.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MMNN.F's revenue (6.1% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: MMNN.F's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MMNN.F's Return on Equity is forecast to be low in 3 years time (12.1%).
How has Munters Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MMNN.F has high quality earnings.
Growing Profit Margin: MMNN.F's current net profit margins (4.7%) are higher than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: MMNN.F has become profitable over the past 5 years, growing earnings by 28.3% per year.
Accelerating Growth: MMNN.F's earnings growth over the past year (21.8%) is below its 5-year average (28.3% per year).
Earnings vs Industry: MMNN.F earnings growth over the past year (21.8%) exceeded the Building industry -6.8%.
Return on Equity
High ROE: MMNN.F's Return on Equity (8.6%) is considered low.
How is Munters Group's financial position?
Financial Position Analysis
Short Term Liabilities: MMNN.F's short term assets (SEK3.4B) exceed its short term liabilities (SEK2.3B).
Long Term Liabilities: MMNN.F's short term assets (SEK3.4B) do not cover its long term liabilities (SEK4.7B).
Debt to Equity History and Analysis
Debt Level: MMNN.F's debt to equity ratio (90.8%) is considered high.
Reducing Debt: MMNN.F's debt to equity ratio has reduced from 916.5% to 90.8% over the past 5 years.
Debt Coverage: MMNN.F's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: MMNN.F's interest payments on its debt are well covered by EBIT (4x coverage).
What is Munters Group's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MMNN.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MMNN.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MMNN.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MMNN.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MMNN.F is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MMNN.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Klas Forsström (52yo)
Mr. Klas Forsström is President and Chief Executive Officer at Munters Group AB (publ) since August 12, 2019. Mr. Forsström served as the President of Sandvik Machining Solutions AB since April 1, 2017 unt ...
CEO Compensation Analysis
Compensation vs Market: Klas's total compensation ($USD1.44M) is below average for companies of similar size in the US market ($USD3.16M).
Compensation vs Earnings: Insufficient data to compare Klas's compensation with company performance.
|President & CEO||0.83yr||kr13.54m||0.020% SEK206.1k|
|Group VP & CFO||0.83yr||no data||0.0022% SEK22.2k|
|VP & Interim Head of Strategic Operations||0.42yr||no data||no data|
|Head of Investor Relations||0.83yr||no data||no data|
|Group Vice President of Human Resources||1.75yrs||no data||no data|
|President of Business Area AirTech||0.58yr||no data||0.11% SEK1.1m|
|Board Secretary||no data||no data||no data|
|Interim President of FoodTech & VP of Finance-FoodTech||no data||no data||no data|
Experienced Management: MMNN.F's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
|Independent Chairman of the Board||1.5yrs||kr1.30m||no data|
|Independent Director||3.42yrs||kr500.00k||0.00028% SEK2.8k|
|Independent Director||3.33yrs||kr550.00k||0.0022% SEK22.2k|
|Independent Director||1.08yrs||kr300.00k||no data|
|Director||0.083yr||no data||no data|
|Employee Representative Director||10.42yrs||no data||no data|
|Independent Director||7.42yrs||kr400.00k||0.046% SEK465.6k|
|Independent Director||0.083yr||no data||no data|
|Deputy Employee Representative Director||3.42yrs||no data||0.00019% SEK1.9k|
Experienced Board: MMNN.F's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MMNN.F insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Munters Group AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Munters Group AB (publ)
- Ticker: MMNN.F
- Exchange: OTCPK
- Founded: 1955
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: kr9.451b
- Listing Market Cap: kr1.007b
- Shares outstanding: 181.75m
- Website: https://www.munters.com
Number of Employees
- Munters Group AB (publ)
- Box 1188
- Stockholm County
- 164 26
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1MS||DB (Deutsche Boerse AG)||Yes||New Common Shares||DE||EUR||May 2017|
|0RPO||LSE (London Stock Exchange)||Yes||New Common Shares||GB||SEK||May 2017|
|MTRS||OM (OMX Nordic Exchange Stockholm)||Yes||New Common Shares||SE||SEK||May 2017|
|MTRSS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||New Common Shares||GB||SEK||May 2017|
|MMNN.F||OTCPK (Pink Sheets LLC)||Yes||New Common Shares||US||USD||May 2017|
Munters Group AB (publ) provides energy efficient air treatment and climate solutions for commercial and industrial applications in Sweden, the United States, Germany, China, and internationally. The company operates through two segments, AirTech and FoodTech. It offers air intakes/air inlets, temperature and humidity control products, coolers and humidifiers, dehumidifiers, fans and light traps, heaters, heat exchangers, mist eliminators, mass transfer equipment, and pollution control and VOC abatement products. The company also provides installation support, startup and commissioning, training, maintenance, and rotor performance check and replacement services, as well as upgrades and spare parts, and rental solutions. It serves agriculture, automotive, chemical processing, commercial and public building, construction, data center and telecom cooling, defense and aerospace, education, electronics, food and beverage, general and production, greenhouse, healthcare, pharmaceutical, power generation and distribution, recreation and leisure, retail and supermarket, shipbuilding and marine, steel, temporary structure, and water and waste water; oil, gas, and petroleum; pulp, paper, and printing; and storage, preservation, and archives industries. Munters Group AB (publ) was founded in 1955 and is headquartered in Kista, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/17 09:36|
|End of Day Share Price||2020/03/20 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.