MMTR.S Stock Overview

Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable to Mills Music, Inc. More details

MMTR.S fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	1/6
Financial Health	0/6
Dividends	4/6

Rewards

Trading at 36.7% below our estimate of its fair value

Pays a reliable dividend of 8.64%

Risk Analysis

Does not have a meaningful market cap ($10M)

Earnings have declined by 17.3% per year over past 5 years

Shares are highly illiquid

Does not have meaningful revenue ($1M)

My Notes

Capture your thoughts, links and company narrative

Mills Music Trust Competitors

Global Mofy AI

NasdaqCM:GMM

US$9.6m

Scienjoy Holding

NasdaqCM:SJ

US$31.8m

Bravo Multinational

OTCPK:BRVO

US$1.9m

AB International Group

OTCPK:ABQQ

US$1.9m

Price History & Performance

Summary of share price highs, lows and changes for Mills Music Trust
Historical stock prices
Current Share Price	US$36.00
52 Week High	US$49.00
52 Week Low	US$34.08
Beta	-0.031
1 Month Change	-2.70%
3 Month Change	-0.0097%
1 Year Change	-0.69%
3 Year Change	-32.08%
5 Year Change	21.99%
Change since IPO	12.50%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	MMTR.S	US Entertainment	US Market
7D	-5.8%	-2.1%	-2.4%
1Y	-0.7%	52.8%	23.3%

Return vs Industry: MMTR.S underperformed the US Entertainment industry which returned 52.8% over the past year.

Return vs Market: MMTR.S underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is MMTR.S's price volatile compared to industry and market?
MMTR.S volatility
MMTR.S Average Weekly Movement	n/a
Entertainment Industry Average Movement	7.7%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: MMTR.S's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine MMTR.S's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1964	n/a	n/a	n/a

Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable to Mills Music, Inc. primarily in the United States. The payments of the contingent portion are based on royalty income generated by the catalogue. EMI Mills Music Inc. operates as an owner of the copyrighted materials contained in the catalogue.

Mills Music Trust Fundamentals Summary

How do Mills Music Trust's earnings and revenue compare to its market cap?
MMTR.S fundamental statistics
Market cap	US$10.00m
Earnings (TTM)	US$836.63k
Revenue (TTM)	US$1.33m

11.9x

P/E Ratio

7.5x

P/S Ratio

Is MMTR.S overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMTR.S income statement (TTM)
Revenue	US$1.33m
Cost of Revenue	US$0
Gross Profit	US$1.33m
Other Expenses	US$494.66k
Earnings	US$836.63k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.01
Gross Margin	100.00%
Net Profit Margin	62.84%
Debt/Equity Ratio	0.0%

How did MMTR.S perform over the long term?

See historical performance and comparison

Dividends

8.6%

Current Dividend Yield

100%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 06:38
End of Day Share Price	2024/12/17 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mills Music Trust is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution