OTCPK:MDBP.F

Stock Analysis Report

Executive Summary

Medibank Private Limited, an integrated healthcare company, provides private health insurance and health solutions in Australia.

Snowflake

Fundamentals

Flawless balance sheet with proven track record and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:MDBP.F

1.2%

US Insurance

2.1%

US Market


1 Year Return

n/a

OTCPK:MDBP.F

8.9%

US Insurance

-0.04%

US Market

No trading data on MDBP.F.

No trading data on MDBP.F.


Share holder returns

MDBP.FIndustryMarket
7 Day0%1.2%2.1%
30 Day0%-2.8%-3.2%
90 Dayn/a2.0%2.8%
1 Yearn/a11.5%8.9%2.2%-0.04%
3 Yearn/a44.1%33.2%41.5%32.3%
5 Yearn/a65.2%45.6%55.0%37.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Medibank Private undervalued based on future cash flows and its price relative to the stock market?

16.33x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Medibank Private's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Medibank Private's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Medibank Private is overvalued based on earnings compared to the US Insurance industry average.

Medibank Private is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Medibank Private earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Medibank Private is overvalued based on assets compared to the US Insurance industry average.


Next Steps

Future Growth

How is Medibank Private expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

-2.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Medibank Private's revenue is expected to grow by 1.1% yearly, however this is not considered high growth (20% yearly).

Medibank Private's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Medibank Private's revenue growth is positive but not above the United States of America market average.

Medibank Private's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Medibank Private's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Medibank Private is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Medibank Private performed over the past 5 years?

20.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Medibank Private has delivered over 20% year on year earnings growth in the past 5 years.

Medibank Private's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Medibank Private's 1-year earnings growth is negative, it can't be compared to the US Insurance industry average.


Return on Equity

Medibank Private has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Medibank Private used its assets more efficiently than the US Insurance industry average last year based on Return on Assets.


Return on Capital Employed

Medibank Private has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Medibank Private's financial position?


Financial Position Analysis

Medibank Private is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Medibank Private's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Medibank Private has no debt.

Medibank Private has not taken on any debt in the past 5 years.

Medibank Private has no debt, it does not need to be covered by operating cash flow.

Medibank Private has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Medibank Private has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Medibank Private's current dividend yield, its reliability and sustainability?

4.66%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Medibank Private's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.5%).

Medibank Private's dividend is above the markets top 25% of dividend payers in United States of America (3.75%).

Whilst dividend payments have been stable, Medibank Private has been paying a dividend for less than 10 years.

Dividend payments have increased, but Medibank Private only paid a dividend in the past 4 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.3x coverage).


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Craig Drummond (57yo)

2.5yrs

Tenure

AU$3,672,652

Compensation

Mr. Craig M. Drummond, BCom, CA, SF Fin, has been the Chief Executive Officer at Medibank Private Limited since July 4, 2016 and served as its Managing Director since July 4, 2016. Mr. Drummond served as t ...


CEO Compensation Analysis

Craig's remuneration is lower than average for companies of similar size in United States of America.

Craig's compensation has increased by more than 20% in the past year.


Management Age and Tenure

2.3yrs

Average Tenure

The tenure for the Medibank Private management team is about average.


Board Age and Tenure

4.8yrs

Average Tenure

61yo

Average Age

The tenure for the Medibank Private board of directors is about average.


Insider Trading

No 3 month insider trading information.


Recent Insider Transactions

SellAU$211,521,00523 Jul 19
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BuyAU$28,51728 Feb 19
Tracey Batten
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Max PriceAU$2.00
BuyAU$53,35121 Feb 19
Michael Wilkins
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Max PriceAU$2.09
BuyAU$74,298,58706 Feb 19
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Perpetual Limited
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The Vanguard Group, Inc.
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Max PriceAU$2.37
BuyAU$13,295,97219 Nov 18
The Vanguard Group, Inc.
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Shares5,573,613
Max PriceAU$2.40
BuyAU$21,66606 Sep 18
Tracey Batten
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares10,000
Max PriceAU$2.17

Ownership Breakdown


Management Team

  • Craig Drummond (57yo)

    CEO & Director

    • Tenure: 2.5yrs
    • Compensation: AU$3.67m
  • Andrew Wilson

    Group Executive of Healthcare & Strategy

    • Tenure: 8.5yrs
    • Compensation: AU$1.83m
  • Mei Ramsay

    Group Executive of Legal

    • Tenure: 2.3yrs
    • Compensation: AU$897.53k
  • David Koczkar

    Group Chief Customer Officer

    • Tenure: 2.3yrs
    • Compensation: AU$1.68m
  • Kylie Bishop

    Group Executive of People & Culture

    • Tenure: 5.5yrs
    • Compensation: AU$1.01m
  • Chris Richardson

    General Manager of Investor Relations

    • Tenure: 0.0yrs
  • Tom Exton

    Group Financial Controller

    • Tenure: 0.0yrs
  • John Goodall

    Group Executive of Technology & Operations

    • Tenure: 2.1yrs
    • Compensation: AU$871.77k
  • Mark Rogers

    Chief Financial Officer

    • Tenure: 2.0yrs
    • Compensation: AU$1.26m
  • Emily Ritchie

    Head of Media & External Affairs

    • Tenure: 0.0yrs

Board Members

  • Elizabeth Alexander (75yo)

    Chairman of the Board

    • Tenure: 5.8yrs
    • Compensation: AU$425.01k
  • Peter Hodgett

    Independent Non-Executive Director

    • Tenure: 5.6yrs
    • Compensation: AU$209.61k
  • Linda Nicholls (70yo)

    Independent Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: AU$192.70k
  • Christine O’Reilly (57yo)

    Independent Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: AU$209.51k
  • Mike Wilkins (61yo)

    Independent Non-Executive Director

    • Tenure: 1.7yrs
    • Compensation: AU$190.67k
  • Craig Drummond (57yo)

    CEO & Director

    • Tenure: 2.5yrs
    • Compensation: AU$3.67m
  • Tracey Batten

    Independent Non-Executive Director

    • Tenure: 1.4yrs
    • Compensation: AU$152.91k
  • Anna Bligh

    Independent Non-Executive Director

    • Tenure: 6.1yrs
    • Compensation: AU$191.87k
  • David Fagan

    Independent Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: AU$219.93k

Company Information

Medibank Private Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Medibank Private Limited
  • Ticker: MDBP.F
  • Exchange: OTCPK
  • Founded: 1976
  • Industry: Life and Health Insurance
  • Sector: Insurance
  • Market Cap: AU$7.271b
  • Listing Market Cap: AU$5.216b
  • Shares outstanding: 2.75b
  • Website: https://www.medibank.com.au

Number of Employees


Location

  • Medibank Private Limited
  • 720 Bourke Street
  • Docklands
  • Victoria
  • 3008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MPLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDNov 2014
MPLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDNov 2014
MPVDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2014
MDBP.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2014

Biography

Medibank Private Limited, an integrated healthcare company, provides private health insurance and health solutions in Australia. It operates in two segments, Health Insurance and Medibank Health. The Healt ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/01/19 01:00
End of Day Share Price2018/10/22 00:00
Earnings2018/06/30
Annual Earnings2018/06/30


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.