Loading...

McBride

OTCPK:MCBR.F
Snowflake Description

Very undervalued with proven track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MCBR.F
OTCPK
£155M
Market Cap
  1. Home
  2. US
  3. Household
Company description

McBride plc, together with its subsidiaries, manufactures and sells private label household and personal care products to retailers in the United Kingdom, other regions in Europe, and Asia. The last earnings update was 93 days ago. More info.


Add to Portfolio Compare Print
MCBR.F Share Price and Events
7 Day Returns
0%
OTCPK:MCBR.F
-1%
US Household Products
-2.1%
US Market
1 Year Returns
-
OTCPK:MCBR.F
41.8%
US Household Products
1.3%
US Market
MCBR.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
McBride (MCBR.F) 0% - - - -47.7% -30.3%
US Household Products -1% 2.9% 5.8% 41.8% 31.2% 38.6%
US Market -2.1% -4.2% 0% 1.3% 33.5% 38%
1 Year Return vs Industry and Market
  • No trading data on MCBR.F.
  • No trading data on MCBR.F.
Price Volatility
MCBR.F
Industry
5yr Volatility vs Market

MCBR.F Value

 Is McBride 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 McBride 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 McBride.

OTCPK:MCBR.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 OTCPK:MCBR.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6.7%
Household Products Unlevered Beta Simply Wall St/ S&P Global 0.33
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.333 (1 + (1- 19%) (73.2%))
0.685
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 6.65%)
8.05%

Discounted Cash Flow Calculation for OTCPK:MCBR.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for McBride 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.

OTCPK:MCBR.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 8.05%)
2019 16.00 Analyst x2 14.81
2020 18.21 Analyst x4 15.60
2021 20.78 Analyst x4 16.47
2022 21.56 Est @ 3.74% 15.82
2023 22.30 Est @ 3.44% 15.14
2024 23.02 Est @ 3.22% 14.46
2025 23.73 Est @ 3.08% 13.80
2026 24.43 Est @ 2.97% 13.15
2027 25.14 Est @ 2.9% 12.52
2028 25.85 Est @ 2.85% 11.92
Present value of next 10 years cash flows £143.70
OTCPK:MCBR.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £25.85 × (1 + 2.73%) ÷ (8.05% – 2.73%)
£499.26
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £499.26 ÷ (1 + 8.05%)10
£230.19
OTCPK:MCBR.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £143.70 + £230.19
£373.88
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £373.88 / 182.80
£2.05
OTCPK:MCBR.F Discount to Share Price
Calculation Result
Value per share (USD) From above. $2.77
Current discount Discount to share price of $1.15
= -1 x ($1.15 - $2.77) / $2.77
58.5%

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

Current Discount
Amount off the current price McBride is available for.
Intrinsic value
>50%
Share price is $1.15 vs Future cash flow value of $2.77
Current Discount Checks
For McBride to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • McBride's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • McBride's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 McBride's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are McBride's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:MCBR.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £0.11
LSE:MCB Share Price ** LSE (2019-05-13) in GBP £0.85
United States of America Household Products Industry PE Ratio Median Figure of 9 Publicly-Listed Household Products Companies 24.33x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.36x

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

** Primary Listing of McBride.

OTCPK:MCBR.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:MCB Share Price ÷ EPS (both in GBP)

= 0.85 ÷ 0.11

8.05x

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

  • McBride is good value based on earnings compared to the US Household Products industry average.
  • McBride is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does McBride's expected growth come at a high price?
Raw Data
OTCPK:MCBR.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.05x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
16.2%per year
United States of America Household Products Industry PEG Ratio Median Figure of 6 Publicly-Listed Household Products Companies 4.44x
United States of America Market PEG Ratio Median Figure of 2,120 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

OTCPK:MCBR.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 8.05x ÷ 16.2%

0.5x

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

  • McBride is good value based on expected growth next year.
Price based on value of assets
What value do investors place on McBride's assets?
Raw Data
OTCPK:MCBR.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £0.39
LSE:MCB Share Price * LSE (2019-05-13) in GBP £0.85
United States of America Household Products Industry PB Ratio Median Figure of 12 Publicly-Listed Household Products Companies 3.31x
United States of America Market PB Ratio Median Figure of 5,207 Publicly-Listed Companies 1.8x
OTCPK:MCBR.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:MCB Share Price ÷ Book Value per Share (both in GBP)

= 0.85 ÷ 0.39

2.2x

* Primary Listing of McBride.

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

  • McBride is good value based on assets compared to the US Household Products industry average.
X
Value checks
We assess McBride'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 Household Products 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 Household Products industry average (and greater than 0)? (1 check)
  5. McBride has a total score of 6/6, 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.

MCBR.F Future Performance

 How is McBride expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

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
16.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is McBride expected to grow at an attractive rate?
  • McBride's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • McBride's earnings growth is expected to exceed the United States of America market average.
  • McBride's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:MCBR.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:MCBR.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 16.2%
OTCPK:MCBR.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 2%
United States of America Household Products Industry Earnings Growth Rate Market Cap Weighted Average 6.2%
United States of America Household Products Industry Revenue Growth Rate Market Cap Weighted Average 3.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
OTCPK:MCBR.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:MCBR.F Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 788 2
2021-06-30 749 50 25 6
2020-06-30 738 45 23 6
2019-06-30 729 35 17 6
OTCPK:MCBR.F Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 725 41 19
2018-09-30 707 34 19
2018-06-30 690 28 19
2017-12-31 606 18 5
2017-09-30 620 27 7
2017-06-30 633 37 9
2017-03-31 701 40 15
2016-12-31 697 43 21
2016-09-30 689 39 19
2016-06-30 681 35 17
2016-03-31 682 29 10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • McBride's earnings are expected to grow by 16.2% yearly, however this is not considered high growth (20% yearly).
  • McBride's revenue is expected to grow by 2% yearly, however this is not considered high growth (20% yearly).
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
OTCPK:MCBR.F 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 6 Analyst Estimates (S&P Global) See Below

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

OTCPK:MCBR.F Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30
2021-06-30 0.14 0.15 0.13 2.00
2020-06-30 0.12 0.14 0.11 2.00
2019-06-30 0.10 0.11 0.09 2.00
OTCPK:MCBR.F Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 0.11
2018-09-30 0.10
2018-06-30 0.10
2017-12-31 0.03
2017-09-30 0.04
2017-06-30 0.05
2017-03-31 0.08
2016-12-31 0.12
2016-09-30 0.10
2016-06-30 0.09
2016-03-31 0.06

*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.
  • McBride is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess McBride'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
McBride has a total score of 3/6, 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.

MCBR.F Past Performance

  How has McBride 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 McBride's growth in the last year to its industry (Household Products).
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.
  • McBride has delivered over 20% year on year earnings growth in the past 5 years.
  • McBride's 1-year earnings growth exceeds its 5-year average (271.2% vs 55.1%)
  • McBride's earnings growth has exceeded the US Household Products industry average in the past year (271.2% vs 4.1%).
Earnings and Revenue History
McBride'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 McBride Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MCBR.F Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 724.90 19.30 207.00
2018-09-30 707.35 19.15 203.70
2018-06-30 689.80 19.00 200.40
2017-12-31 606.40 5.20 178.50
2017-09-30 619.65 7.25 184.20
2017-06-30 632.90 9.30 189.90
2017-03-31 701.30 14.95 213.80
2016-12-31 697.40 21.00 214.70
2016-09-30 689.15 19.00 212.15
2016-06-30 680.90 17.00 209.60
2016-03-31 682.25 10.10 210.70
2015-12-31 683.60 3.20 211.80
2015-09-30 693.90 1.25 214.65
2015-06-30 704.20 -0.70 217.50
2015-03-31 716.40 -8.85 216.70
2014-12-31 728.60 -17.00 215.90
2014-09-30 736.40 -18.05 220.50
2014-06-30 744.20 -19.10 225.10
2014-03-31 753.85 -7.40 229.90
2013-12-31 763.50 4.30 234.70
2013-09-30 762.45 4.90 230.85
2013-06-30 761.40 5.50 227.00
2013-03-31 765.20 9.55 224.40
2012-12-31 769.00 13.60 221.80
2012-09-30 791.45 11.35 224.90
2012-06-30 813.90 9.10 228.00

*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.
  • Whilst McBride has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • McBride used its assets less efficiently than the US Household Products industry average last year based on Return on Assets.
  • McBride has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess McBride'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 Household Products 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.
McBride has a total score of 4/6, 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.

MCBR.F Health

 How is McBride'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 McBride's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • McBride is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • McBride's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of McBride'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.2x 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 McBride Company Filings, last reported 4 months ago.

OTCPK:MCBR.F Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 70.60 113.60 15.30
2018-09-30 70.60 113.60 15.30
2018-06-30 67.60 126.20 11.70
2017-12-31 64.10 152.40 29.60
2017-09-30 64.10 152.40 29.60
2017-06-30 64.20 101.80 26.00
2017-03-31 64.20 101.80 26.00
2016-12-31 64.80 111.80 28.90
2016-09-30 64.80 111.80 28.90
2016-06-30 69.10 115.70 24.80
2016-03-31 69.10 115.70 24.80
2015-12-31 62.40 114.00 27.70
2015-09-30 62.40 114.00 27.70
2015-06-30 57.50 115.70 23.30
2015-03-31 57.50 115.70 23.30
2014-12-31 65.80 111.70 25.70
2014-09-30 65.80 111.70 25.70
2014-06-30 68.60 120.00 35.30
2014-03-31 68.60 120.00 35.30
2013-12-31 96.60 103.90 16.80
2013-09-30 96.60 103.90 16.80
2013-06-30 106.70 86.80
2013-03-31 106.70 86.80
2012-12-31 109.00 89.50 11.70
2012-09-30 109.00 89.50 11.70
2012-06-30 112.40 93.60 12.40
  • McBride's level of debt (160.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (108.1% vs 160.9% today).
  • Debt is well covered by operating cash flow (35.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 14x coverage).
X
Financial health checks
We assess McBride'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. McBride has a total score of 4/6, 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.

MCBR.F Dividends

 What is McBride'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
5.06%
Current annual income from McBride dividends. Estimated to be 5.68% next year.
If you bought $2,000 of McBride shares you are expected to receive $101 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?
  • McBride's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.47%).
  • McBride's dividend is above the markets top 25% of dividend payers in United States of America (3.76%).
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
OTCPK:MCBR.F 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 6 Analyst Estimates (S&P Global) See Below
United States of America Household Products Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

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

OTCPK:MCBR.F Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-06-30 0.05 2.00
2021-06-30 0.05 6.00
2020-06-30 0.05 6.00
2019-06-30 0.04 4.00
OTCPK:MCBR.F Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-09-21 0.043 3.700
2018-09-06 0.043 3.016
2017-09-22 0.043 2.637
2017-09-07 0.043 2.102
2016-09-26 0.036 1.950
2016-09-07 0.036 1.986
2015-09-18 0.036 2.290
2015-09-08 0.036 2.530
2014-09-19 0.050 5.440
2014-09-10 0.050 5.656
2013-09-12 0.050 4.863
2013-09-03 0.050 3.949
2012-09-14 0.050 3.947
2012-09-04 0.050 4.120
2011-09-26 0.068 5.584
2011-09-06 0.068 5.662
2010-09-02 0.068 4.505
2010-09-01 0.068 4.536
2009-11-09 0.060 3.218

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of McBride's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.1x coverage).
X
Income/ dividend checks
We assess McBride's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 McBride afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. McBride has a total score of 4/6, see the detailed checks below.


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

MCBR.F Management

 What is the CEO of McBride'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
Rik De Vos
COMPENSATION £890,000
TENURE AS CEO 4.3 years
CEO Bio

Mr. Rik De Vos has been Chief Executive Officer at McBride plc since February 2, 2015. Mr. De Vos served as a PU Business Unit Director of BorsodChem Zrt. Mr. De Vos served as a Group General Manager Flexible Foams at Recticel NV/SA from September 1, 2011 to December 31, 2014. He serves as a Director of BorsodChem Zrt. He has been a Director at McBride plc since February 2, 2015.

CEO Compensation
  • Rik's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Rik's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the McBride management team in years:

4.3
Average Tenure
  • The tenure for the McBride management team is about average.
Management Team

Rik De Vos

TITLE
CEO & Director
COMPENSATION
£890K
TENURE
4.3 yrs

Chris Smith

TITLE
CFO & Executive Director
COMPENSATION
£560K
AGE
54
TENURE
4.3 yrs

Carol Williams

TITLE
General Counsel & Company Secretary
TENURE
1.3 yrs

Matthias Kreysel

TITLE
Chief R&D Officer
TENURE
6.8 yrs

Tim Seaman

TITLE
Strategic Development Director
Board of Directors Tenure

Average tenure and age of the McBride board of directors in years:

5
Average Tenure
66
Average Age
  • The tenure for the McBride board of directors is about average.
Board of Directors

John Coleman

TITLE
Chairman
COMPENSATION
£150K
AGE
66
TENURE
2.8 yrs

Rik De Vos

TITLE
CEO & Director
COMPENSATION
£890K
TENURE
4.3 yrs

Chris Smith

TITLE
CFO & Executive Director
COMPENSATION
£560K
AGE
54
TENURE
4.3 yrs

Sandra Turner

TITLE
Independent Non-Executive Director
COMPENSATION
£51K
AGE
66
TENURE
7.8 yrs

Neil Harrington

TITLE
Independent Non-Executive Director
COMPENSATION
£51K
AGE
55
TENURE
7.3 yrs

Steve Hannam

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£51K
AGE
68
TENURE
5.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by McBride insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
05. Apr 19 Buy Christopher Ian Smith Individual 03. Apr 19 04. Apr 19 34,314 $1.34 $45,743
X
Management checks
We assess McBride'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. McBride 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.

MCBR.F News

Simply Wall St News

Should You Be Excited About McBride plc's (OTCPK:MCBR.F) 27% Return On Equity?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Our data shows McBride has a return on equity of 27% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

MCBR.F Company Info

Description

McBride plc, together with its subsidiaries, manufactures and sells private label household and personal care products to retailers in the United Kingdom, other regions in Europe, and Asia. The company offers various household products, such as laundry products, including laundry powder tablets, liquid gels, and laundry liquid sachets; dishwashing products comprising washing up liquids and machine dishwashing powders, tablets, and gels; household cleaners consisting of bathroom, kitchen, glass, ceramic hobs, antibacterial, and multisurface cleaners; toilet cleaners and descaling products; and air freshener products, such as time release sprays, gel air fresheners, plug-in fresheners, sprays, diffusers, and candles. It also provides personal care products, which include bath and shower products comprising bath foams, shower gels, mousses, and liquid soaps; skin care products, such as day and night creams, serums, lotions, and cleansers, as well as general body, hand and foot care, and self-tanning creams; and hair care products, including shampoos, conditioners, and hair styling solutions. In addition, the company offers body care products, including roll-on deodorants, aerosol based anti-perspirant deodorants, and fragranced body sprays for men, women, and teens; men's grooming products, such as shaving gels and foams, deodorant's and body sprays, and shower products; oral care products, such as toothpastes and mouthwash formulations; and baby care products. Further, it provides contract manufacturing services of household and personal care products to brand owners and contract customers. McBride plc was founded in 1860 and is headquartered in Manchester, the United Kingdom.

Details
Name: McBride plc
MCBR.F
Exchange: OTCPK
Founded: 1860
£196,886,421
182,798,259
Website: http://www.mcbride.co.uk
Address: McBride plc
Middleton Way,
Middleton,
Manchester,
Greater Manchester, M24 4DP,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE MCB Ordinary Shares London Stock Exchange GB GBP 07. Jul 1995
OTCPK MCBR.F Ordinary Shares Pink Sheets LLC US USD 07. Jul 1995
BATS-CHIXE MCBL Ordinary Shares BATS 'Chi-X Europe' GB GBP 07. Jul 1995
Number of employees
Current staff
Staff numbers
3,498
McBride employees.
Industry
Household Products
Household
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 00:17
End of day share price update: 2019/05/13 00:00
Last estimates confirmation: 2019/05/13
Last earnings filing: 2019/02/21
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.