NasdaqGS:MTEX

Stock Analysis Report

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Executive Summary

Mannatech, Incorporated provides wellness solutions.


Snowflake Analysis

Excellent balance sheet and good value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: MTEX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

MTEX

-1.4%

US Personal Products

2.3%

US Market


1 Year Return

4.8%

MTEX

-6.1%

US Personal Products

6.7%

US Market

Return vs Industry: MTEX exceeded the US Personal Products industry which returned -6.1% over the past year.

Return vs Market: MTEX underperformed the US Market which returned 6.7% over the past year.


Shareholder returns

MTEXIndustryMarket
7 Day0%-1.4%2.3%
30 Day3.7%-0.04%6.0%
90 Day68.8%16.3%18.9%
1 Year8.3%4.8%-5.1%-6.1%9.0%6.7%
3 Year23.5%8.8%40.7%33.9%36.6%27.7%
5 Year18.9%1.6%35.4%24.3%64.2%46.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

18.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MTEX ($17.4) is trading below our estimate of fair value ($21.34)

Significantly Below Fair Value: MTEX is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: MTEX is good value based on its PE Ratio (7.7x) compared to the US Personal Products industry average (19.3x).

PE vs Market: MTEX is good value based on its PE Ratio (7.7x) compared to the US market (16.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MTEX is good value based on its PB Ratio (1.5x) compared to the US Personal Products industry average (2.6x).


Next Steps

Future Growth

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

34.6%

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.


Next Steps

Past Performance

How has Mannatech performed over the past 5 years?

-45.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MTEX has high quality earnings.

Growing Profit Margin: MTEX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: MTEX's earnings have declined by -45.9% per year over the past 5 years.

Accelerating Growth: MTEX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MTEX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Personal Products industry (17.5%).


Return on Equity

High ROE: MTEX's Return on Equity (19%) is considered low.


Next Steps

Financial Health

How is Mannatech's financial position?


Financial Position Analysis

Short Term Liabilities: MTEX's short term assets ($43.2M) exceed its short term liabilities ($30.0M).

Long Term Liabilities: MTEX's short term assets ($43.2M) exceed its long term liabilities ($6.4M).


Debt to Equity History and Analysis

Debt Level: MTEX's debt to equity ratio (4.5%) is considered satisfactory.

Reducing Debt: MTEX's debt to equity ratio has increased from 0% to 4.5% over the past 5 years.

Debt Coverage: MTEX's debt is well covered by operating cash flow (561.4%).

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


Balance Sheet


Next Steps

Dividend

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

2.87%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MTEX's dividend (2.87%) is higher than the bottom 25% of dividend payers in the US market (1.68%).

High Dividend: MTEX's dividend (2.87%) is low compared to the top 25% of dividend payers in the US market (4.6%).


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 has only been paying a dividend for 4 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.2%), MTEX's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

4.6yrs

Average management tenure


CEO

Al Bala (59yo)

4.92yrs

Tenure

US$475,105

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 was promoted in February 2014 to serve as Pr ...


CEO Compensation Analysis

Compensation vs Market: Al's total compensation ($USD475.11K) is about average for companies of similar size in the US market ($USD612.38K).

Compensation vs Earnings: Al's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Alfredo Bala
CEO & President4.92yrsUS$475.11k0.33% $139.0k
David Johnson
Chief Financial Officer4.17yrsUS$255.86kno data
Landen Fredrick
Chief Sales & Marketing Officer0.67yrUS$327.57k0.083% $34.4k
Erin Barta
General Counsel & Corporate Secretary6.92yrsno datano data
Sergio Medina
Managing Director of Mexico Business9.5yrsno datano data
Christopher Simons
Regional President of EMEAA0.50yrno datano data
Ronald Norman
Senior VP & Treasurer6.42yrsno datano data
Diane Barton
Controller4.25yrsno datano data

4.6yrs

Average Tenure

53.5yo

Average Age

Experienced Management: MTEX's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eric Schrier
Independent Director5.75yrsUS$197.72k0.48% $199.2k
Robert Toth
Independent Vice Chairmanno dataUS$162.50k3.23% $1.3m
J. Fredrick
Chairman of the Board11.5yrsUS$425.67k14.05% $5.8m
Larry Jobe
Independent Director14.5yrsUS$125.00k2.6% $1.1m
Steve Nugent
Chief Science & Health Officer and Chairman of Scientific Advisory Board4.75yrsno datano data
Kevin Robbins
Director3.58yrsUS$117.00k0.51% $213.3k
Tyler Rameson
Independent Non-Employee Director2.08yrsUS$195.75k11.42% $4.7m

5.3yrs

Average Tenure

67.5yo

Average Age

Experienced Board: MTEX's board of directors are considered experienced (5.3 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

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Mannatech, Incorporated
  • Ticker: MTEX
  • Exchange: NasdaqGS
  • Founded: 1993
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: US$41.572m
  • Shares outstanding: 2.39m
  • 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

Biography

Mannatech, Incorporated provides wellness solutions. 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 network marketing channels and a Website. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Mannatech, Incorporated was founded in 1993 and is headquartered in Flower Mound, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 07:20
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.