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MTEX

Mannatech NasdaqGS:MTEX Stock Report

Last Price

US$22.95

Market Cap

US$43.9m

7D

-0.09%

1Y

-31.1%

Updated

05 Oct, 2022

Data

Company Financials
MTEX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends3/6

MTEX Stock Overview

Mannatech, Incorporated operates as a health and wellness company worldwide.

Mannatech Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mannatech
Historical stock prices
Current Share PriceUS$22.95
52 Week HighUS$43.10
52 Week LowUS$15.49
Beta1.14
1 Month Change-1.08%
3 Month Change32.28%
1 Year Change-31.14%
3 Year Change35.36%
5 Year Change61.05%
Change since IPO-89.80%

Recent News & Updates

Sep 20

Mannatech launches $1.5M share buyback plan

Mannatech (NASDAQ:MTEX) has announced a share repurchase program to buyback up to $1.5M of its outstanding common stock. The program begins on Sep 19, 2022 and ends on Sep 18, 2023. The repurchases will be funded with available cash.

Shareholder Returns

MTEXUS Personal ProductsUS Market
7D-0.09%-1.0%1.9%
1Y-31.1%-31.5%-18.8%

Return vs Industry: MTEX matched the US Personal Products industry which returned -31.2% over the past year.

Return vs Market: MTEX underperformed the US Market which returned -18.2% over the past year.

Price Volatility

Is MTEX's price volatile compared to industry and market?
MTEX volatility
MTEX Average Weekly Movement12.6%
Personal Products Industry Average Movement9.8%
Market Average Movement7.0%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.9%

Stable Share Price: MTEX is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: MTEX's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1993247Al Balahttps://www.mannatech.com

Mannatech, Incorporated operates as a health and wellness company worldwide. It develops, markets, and sells nutritional supplements; topical and skin care, and anti-aging products; and weight-management products. The company primarily sells its products directly, as well as through e-commerce and network marketing channels.

Mannatech Fundamentals Summary

How do Mannatech's earnings and revenue compare to its market cap?
MTEX fundamental statistics
Market CapUS$43.89m
Earnings (TTM)US$6.35m
Revenue (TTM)US$146.30m

6.9x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTEX income statement (TTM)
RevenueUS$146.30m
Cost of RevenueUS$31.81m
Gross ProfitUS$114.49m
Other ExpensesUS$108.14m
EarningsUS$6.35m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.32
Gross Margin78.26%
Net Profit Margin4.34%
Debt/Equity Ratio2.0%

How did MTEX perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

24%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is MTEX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MTEX?

Other financial metrics that can be useful for relative valuation.

MTEX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.2x
Enterprise Value/EBITDA4.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does MTEX's PE Ratio compare to its peers?

MTEX PE Ratio vs Peers
The above table shows the PE ratio for MTEX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average22.8x
LFVN LifeVantage
15.1xn/aUS$47.2m
UG United-Guardian
14xn/aUS$51.5m
NHTC Natural Health Trends
56.6xn/aUS$44.2m
NAII Natural Alternatives International
5.4xn/aUS$58.0m
MTEX Mannatech
6.9xn/aUS$43.9m

Price-To-Earnings vs Peers: MTEX is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (22.8x).


Price to Earnings Ratio vs Industry

How does MTEX's PE Ratio compare vs other companies in the US Personal Products Industry?

Price-To-Earnings vs Industry: MTEX is good value based on its Price-To-Earnings Ratio (6.9x) compared to the US Personal Products industry average (14.6x)


Price to Earnings Ratio vs Fair Ratio

What is MTEX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MTEX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MTEX's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of MTEX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MTEX ($22.95) is trading above our estimate of fair value ($17.92)

Significantly Below Fair Value: MTEX is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is Mannatech forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.5%

Forecasted Household 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 Mannatech 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.


Discover growth companies

Past Performance

How has Mannatech performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


56.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MTEX has high quality earnings.

Growing Profit Margin: MTEX's current net profit margins (4.3%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: MTEX's earnings have grown significantly by 56.6% per year over the past 5 years.

Accelerating Growth: MTEX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MTEX had negative earnings growth (-4.8%) over the past year, making it difficult to compare to the Personal Products industry average (-4.8%).


Return on Equity

High ROE: MTEX's Return on Equity (29.8%) is considered high.


Discover strong past performing companies

Financial Health

How is Mannatech's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MTEX's short term assets ($42.0M) exceed its short term liabilities ($32.1M).

Long Term Liabilities: MTEX's short term assets ($42.0M) exceed its long term liabilities ($5.3M).


Debt to Equity History and Analysis

Debt Level: MTEX has more cash than its total debt.

Reducing Debt: MTEX's debt to equity ratio has reduced from 2.8% to 2% over the past 5 years.

Debt Coverage: MTEX's debt is well covered by operating cash flow (916.4%).

Interest Coverage: MTEX earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Mannatech current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.49%

Current Dividend Yield

Dividend Yield vs Market

Mannatech Dividend Yield vs Market
How does Mannatech dividend yield compare to the market?
SegmentDividend Yield
Company (Mannatech)3.5%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.5%
Industry Average (Personal Products)1.3%
Analyst forecast in 3 Years (Mannatech)n/a

Notable Dividend: MTEX's dividend (3.49%) is higher than the bottom 25% of dividend payers in the US market (1.6%).

High Dividend: MTEX's dividend (3.49%) is low compared to the top 25% of dividend payers in the US market (4.53%).


Stability and Growth of Payments

Stable Dividend: MTEX has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: MTEX's dividend payments have increased, but the company has only paid a dividend for 6 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (24.3%), MTEX's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (50.9%), MTEX's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

7.5yrs

Average management tenure


CEO

Al Bala (61 yo)

8.42yrs

Tenure

US$696,481

Compensation

Mr. Alfredo Bala, also known as Al, has been the President of Mannatech, Incorporated since May 2014 and its Chief Executive Officer since August 2015. Mr. Bala serves as a Director at Direct Selling Assoc...


CEO Compensation Analysis

Al Bala's Compensation vs Mannatech Earnings
How has Al Bala's remuneration changed compared to Mannatech's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

US$6m

Mar 31 2022n/an/a

US$8m

Dec 31 2021US$696kUS$440k

US$10m

Sep 30 2021n/an/a

US$8m

Jun 30 2021n/an/a

US$7m

Mar 31 2021n/an/a

US$6m

Dec 31 2020US$570kUS$457k

US$6m

Sep 30 2020n/an/a

US$8m

Jun 30 2020n/an/a

US$5m

Mar 31 2020n/an/a

US$5m

Dec 31 2019US$585kUS$440k

US$3m

Sep 30 2019n/an/a

-US$392k

Jun 30 2019n/an/a

-US$563k

Mar 31 2019n/an/a

-US$3m

Dec 31 2018US$652kUS$420k

-US$4m

Sep 30 2018n/an/a

-US$6m

Jun 30 2018n/an/a

-US$3m

Mar 31 2018n/an/a

-US$804k

Dec 31 2017US$427kUS$400k

-US$2m

Sep 30 2017n/an/a

US$798k

Jun 30 2017n/an/a

US$702k

Mar 31 2017n/an/a

-US$2m

Dec 31 2016US$426kUS$400k

-US$586k

Sep 30 2016n/an/a

US$2m

Jun 30 2016n/an/a

US$857k

Mar 31 2016n/an/a

US$5m

Dec 31 2015US$547kUS$350k

US$6m

Compensation vs Market: Al's total compensation ($USD696.48K) is about average for companies of similar size in the US market ($USD771.97K).

Compensation vs Earnings: Al's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: MTEX's management team is seasoned and experienced (7.5 years average tenure).


Board Members

Experienced Board: MTEX's board of directors are considered experienced (7 years average tenure).


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.


Recent Insider Transactions

NasdaqGS:MTEX Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
28 Mar 22SellUS$40,227Kevin RobbinsIndividual1,100US$36.57

Ownership Breakdown

What is the ownership structure of MTEX?
Owner TypeNumber of SharesOwnership Percentage
Hedge Funds139,4477.3%
General Public461,71824.1%
Institutions469,12624.5%
Individual Insiders842,13244.0%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 75.6% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
18.15%
J. Fredrick
347,063$8.0m56.29%no data
14.42%
Tyler Rameson
275,683$6.3m0%no data
7.29%
Sudbury Capital Management, LLC
139,447$3.2m0%no data
5.04%
Mcelhenny Sheffield Capital Management, Llc
96,362$2.2m0%1.03%
5.04%
WorthPointe, LLC
96,362$2.2m0%1.85%
4.5%
Robert Toth
86,150$2.0m0%no data
3.45%
Larry Jobe
66,012$1.5m0%no data
3.01%
Renaissance Technologies LLC
57,599$1.3m-2.58%no data
2.89%
BlackRock, Inc.
55,336$1.3m-0.09%no data
2.14%
Bridgeway Capital Management, LLC
40,988$940.7k0%0.02%
2.07%
Acadian Asset Management LLC
39,503$906.6k0%no data
2.03%
The Vanguard Group, Inc.
38,835$891.3k0%no data
1%
Eric Schrier
19,118$438.8k0%no data
0.68%
Kevin Robbins
13,031$299.1k0%no data
0.65%
David Johnson
12,500$286.9k0%no data
0.62%
Northern Trust Global Investments
11,804$270.9k3.51%no data
0.41%
Alfredo Bala
7,906$181.4k0%no data
0.41%
LSV Asset Management
7,867$180.5k10.15%no data
0.4%
Geode Capital Management, LLC
7,662$175.8k0%no data
0.4%
Dimensional Fund Advisors LP
7,572$173.8k0%no data
0.32%
Ronald Norman
6,030$138.4k0%no data
0.27%
Morgan Stanley, Investment Banking and Brokerage Investments
5,108$117.2k79.35%no data
0.16%
Erin Barta
3,000$68.9k0%no data
0.15%
Dayton Judd
2,893$66.4k0%no data
0.1%
Landen Fredrick
1,975$45.3k0%no data

Company Information

Mannatech, Incorporated's employee growth, exchange listings and data sources


Key Information

  • Name: Mannatech, Incorporated
  • Ticker: MTEX
  • Exchange: NasdaqGS
  • Founded: 1993
  • Industry: Personal Products
  • Sector: Household
  • Implied Market Cap: US$43.890m
  • Shares outstanding: 1.91m
  • Website: https://www.mannatech.com

Number of Employees


Location

  • Mannatech, Incorporated
  • 1410 Lakeside Parkway
  • Suite 200
  • Flower Mound
  • Texas
  • 75028
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MTEXNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDFeb 1999

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/05 00:00
End of Day Share Price2022/10/05 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.