Merchants' National Properties Past Earnings Performance
Past criteria checks 0/6
Merchants' National Properties's earnings have been declining at an average annual rate of -9.5%, while the Real Estate industry saw earnings growing at 7.5% annually. Revenues have been growing at an average rate of 2.8% per year. Merchants' National Properties's return on equity is 4.8%, and it has net margins of 42.8%.
Key information
-9.5%
Earnings growth rate
-9.0%
EPS growth rate
| Real Estate Industry Growth | 27.7% |
| Revenue growth rate | 2.8% |
| Return on equity | 4.8% |
| Net Margin | 42.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How Merchants' National Properties makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 27 | 12 | 11 | 0 |
| 31 Mar 24 | 27 | 17 | 11 | 0 |
| 31 Dec 23 | 27 | 13 | 10 | 0 |
| 30 Sep 23 | 26 | 15 | 10 | 0 |
| 30 Jun 23 | 25 | 16 | 10 | 0 |
| 31 Mar 23 | 25 | 7 | 9 | 0 |
| 31 Dec 22 | 25 | -4 | 9 | 0 |
| 30 Sep 22 | 23 | -4 | 9 | 0 |
| 30 Jun 22 | 28 | 3 | 9 | 0 |
| 31 Mar 22 | 27 | 12 | 9 | 0 |
| 31 Dec 21 | 25 | 26 | 9 | 0 |
| 30 Sep 21 | 27 | 21 | 9 | 0 |
| 30 Jun 21 | 22 | 21 | 9 | 0 |
| 31 Mar 21 | 21 | 26 | 9 | 0 |
| 31 Dec 20 | 21 | 10 | 9 | 0 |
| 31 Dec 19 | 10 | 10 | 6 | 0 |
| 31 Dec 18 | 25 | 14 | 5 | 0 |
| 31 Dec 17 | 21 | 16 | 4 | 0 |
| 31 Dec 16 | 16 | 12 | 5 | 0 |
| 31 Dec 15 | 16 | 11 | 4 | 0 |
Quality Earnings: MNPP has a large one-off gain of $3.9M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: MNPP's current net profit margins (42.8%) are lower than last year (64.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MNPP's earnings have declined by 9.5% per year over the past 5 years.
Accelerating Growth: MNPP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MNPP had negative earnings growth (-29.5%) over the past year, making it difficult to compare to the Real Estate industry average (8.2%).
Return on Equity
High ROE: MNPP's Return on Equity (4.8%) is considered low.