MGI Digital Technology Société Anonyme
OTCPK:FRII.F
FRII.F
OTCPK
€287M
Market Cap
Company description
MGI Digital Technology Société Anonyme designs, manufactures, and sells digital printing and finishing equipment for the graphic industry in France and internationally. The last earnings update was 155 days ago. More info.
Add to Portfolio Compare Print
FRII.F Share Price and Events
7 Day Returns
0%
OTCPK:FRII.F
7.2%
US Tech
2.4%
US Market
1 Year Returns
-
OTCPK:FRII.F
1.4%
US Tech
1.9%
US Market
FRII.F Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| MGI Digital Technology Société Anonyme (FRII.F) | 0% | 0% | - | - | - | 5.8% |
| US Tech | 7.2% | 8.5% | 14.1% | 1.4% | 65.8% | 111.3% |
| US Market | 2.4% | 1.7% | 11.9% | 1.9% | 38.2% | 42.4% |
1 Year Return vs Industry and Market
- No trading data on FRII.F.
- No trading data on FRII.F.
FRII.F Value
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
MGI Digital Technology Société Anonyme
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
Our intrinsic value calculation method has changed recently, learn more here.
Below are the data sources, inputs and calculation used to determine the intrinsic value for MGI Digital Technology Société Anonyme.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 1 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9.6% |
| 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.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6.7% |
| Tech Unlevered Beta | Simply Wall St/ S&P Global | 1.03 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.027 (1 + (1- 33%) (4.76%)) |
1.04 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.04 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.04 * 6.65%) |
9.64% |
Discounted Cash Flow Calculation for OTCPK:FRII.F using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for MGI Digital Technology Société Anonyme 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.
| Levered FCF (EUR, Millions) | Source |
Present Value Discounted (@ 9.64%) |
|
|---|---|---|---|
| 2019 | 8.30 | Analyst x1 | 7.57 |
| 2020 | 12.50 | Analyst x1 | 10.40 |
| 2021 | 16.13 | Est @ 29.03% | 12.24 |
| 2022 | 19.54 | Est @ 21.14% | 13.52 |
| 2023 | 22.59 | Est @ 15.62% | 14.26 |
| 2024 | 25.24 | Est @ 11.75% | 14.53 |
| 2025 | 27.53 | Est @ 9.04% | 14.45 |
| 2026 | 29.50 | Est @ 7.15% | 14.12 |
| 2027 | 31.21 | Est @ 5.82% | 13.63 |
| 2028 | 32.74 | Est @ 4.9% | 13.04 |
| Present value of next 10 years cash flows | €127.74 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= €32.74 × (1 + 2.73%) ÷ (9.64% – 2.73%) |
€486.45 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= €486.45 ÷ (1 + 9.64%)10 |
€193.72 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= €127.74 + €193.72 |
€321.46 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €321.46 / 6.19 |
€54.23 |
| Calculation | Result | |
|---|---|---|
| Non-primary Listing Adjustment Factor |
1 share in OTCPK:FRII.F
represents 1.04462x
of
ENXTPA:ALMDG
(This could be a different class, a depositary receipt, a different currency, or all of these things.) |
1.04462x |
| Value per Share (Listing Adjusted, USD) |
= Value per Share (EUR) x Listing Adjustment Factor
= € 51.91 x 1.04462 |
$54.23 |
| Value per share (USD) | From above. | $54.23 |
| Current discount | Discount to share price of
$48.00
= -1 x ($48.00 - $54.23) / $54.23 |
11.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Amount off the current price
MGI Digital Technology Société Anonyme
is available for.
11%
Share price is
$48
vs Future cash flow value of
$54.23
Current Discount Checks
For
MGI Digital Technology Société Anonyme
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
- MGI Digital Technology Société Anonyme's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- MGI Digital Technology Société Anonyme's share price is below the future cash flow value, but not 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 MGI Digital Technology Société Anonyme's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
MGI Digital Technology Société Anonyme's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-06-30) in EUR | €1.57 |
| ENXTPA:ALMDG Share Price ** | ENXTPA (2019-02-08) in EUR | €45.95 |
| United States of America Tech Industry PE Ratio | Median Figure of 15 Publicly-Listed Tech Companies | 16.87x |
| United States of America Market PE Ratio | Median Figure of 3,055 Publicly-Listed Companies | 17.61x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of MGI Digital Technology Société Anonyme.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ENXTPA:ALMDG Share Price ÷ EPS (both in EUR) = 45.95 ÷ 1.57 |
29.31x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- MGI Digital Technology Société Anonyme is overvalued based on earnings compared to the US Tech industry average.
- MGI Digital Technology Société Anonyme is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
MGI Digital Technology Société Anonyme's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 29.31x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
30.3%per year |
| United States of America Tech Industry PEG Ratio | Median Figure of 8 Publicly-Listed Tech Companies | 1.08x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.48x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 29.31x ÷ 30.3% |
0.97x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- MGI Digital Technology Société Anonyme is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
MGI Digital Technology Société Anonyme's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-06-30) in EUR | €13.52 |
| ENXTPA:ALMDG Share Price * | ENXTPA (2019-02-08) in EUR | €45.95 |
| United States of America Tech Industry PB Ratio | Median Figure of 37 Publicly-Listed Tech Companies | 1.88x |
| United States of America Market PB Ratio | Median Figure of 5,152 Publicly-Listed Companies | 1.87x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ENXTPA:ALMDG Share Price ÷ Book Value per Share (both in EUR) = 45.95 ÷ 13.52 |
3.4x |
* Primary Listing of MGI Digital Technology Société Anonyme.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- MGI Digital Technology Société Anonyme is overvalued based on assets compared to the US Tech industry average.
X
Value checks
We assess MGI Digital Technology Société Anonyme's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check) MGI Digital Technology Société Anonyme has a total score of 1/6, 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.
FRII.F Future Performance
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!
30.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
MGI Digital Technology Société Anonyme
expected to grow at an
attractive
rate?
- MGI Digital Technology Société Anonyme's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- MGI Digital Technology Société Anonyme's earnings growth is expected to exceed the United States of America market average.
- MGI Digital Technology Société Anonyme's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| OTCPK:FRII.F Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | 30.3% |
| OTCPK:FRII.F Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 19.5% |
| United States of America Tech Industry Earnings Growth Rate | Market Cap Weighted Average | 4.7% |
| United States of America Tech Industry Revenue Growth Rate | Market Cap Weighted Average | 3.1% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*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
All numbers in EUR Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (8 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 96 | 26 | 21 | 1 |
| 2019-12-31 | 72 | 18 | 15 | 1 |
| 2018-12-31 | 61 | 13 | 12 | 1 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-06-30 | 61 | 9 | 10 |
| 2018-03-31 | 60 | 9 | 9 |
| 2017-12-31 | 59 | 9 | 9 |
| 2017-09-30 | 59 | 8 | |
| 2017-06-30 | 58 | 11 | 8 |
| 2017-03-31 | 54 | 9 | 8 |
| 2016-12-31 | 50 | 6 | 7 |
| 2016-09-30 | 51 | 8 | |
| 2016-06-30 | 51 | 2 | 8 |
| 2016-03-31 | 51 | 0 | 8 |
| 2015-12-31 | 50 | -2 | 7 |
| 2015-09-30 | 47 | 7 |
*GAAP earnings excluding extraordinary items.
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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (8 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from MGI Digital Technology Société Anonyme Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 3.46 | 3.46 | 3.46 | 1.00 |
| 2019-12-31 | 2.43 | 2.43 | 2.43 | 1.00 |
| 2018-12-31 | 2.00 | 2.00 | 2.00 | 1.00 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-06-30 | 1.57 |
| 2018-03-31 | 1.48 |
| 2017-12-31 | 1.40 |
| 2017-09-30 | 1.30 |
| 2017-06-30 | 1.21 |
| 2017-03-31 | 1.19 |
| 2016-12-31 | 1.17 |
| 2016-09-30 | 1.32 |
| 2016-06-30 | 1.48 |
| 2016-03-31 | 1.42 |
| 2015-12-31 | 1.36 |
| 2015-09-30 | 1.32 |
*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.
- MGI Digital Technology Société Anonyme is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
MGI Digital Technology Société Anonyme has a total score of 4/6, 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.
Future performance checks
We assess MGI Digital Technology Société Anonyme's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
MGI Digital Technology Société Anonyme has a total score of 4/6, 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.
FRII.F Past Performance
How has MGI Digital Technology Société Anonyme 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
MGI Digital Technology Société Anonyme's growth in the last year to its industry (Tech).
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.
- MGI Digital Technology Société Anonyme's year on year earnings growth rate has been positive over the past 5 years.
- MGI Digital Technology Société Anonyme's 1-year earnings growth exceeds its 5-year average (23.1% vs 12%)
- MGI Digital Technology Société Anonyme's earnings growth has not exceeded the US Tech industry average in the past year (23.1% vs 94.9%).
Earnings and Revenue History
MGI Digital Technology Société Anonyme'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 MGI Digital Technology Société Anonyme Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-06-30 | 60.98 | 9.67 | 20.67 | |
| 2018-03-31 | 60.03 | 9.13 | 20.69 | |
| 2017-12-31 | 59.08 | 8.59 | 20.71 | |
| 2017-09-30 | 59.26 | 8.22 | 20.94 | |
| 2017-06-30 | 57.94 | 7.85 | 21.16 | |
| 2017-03-31 | 54.11 | 7.53 | 21.25 | |
| 2016-12-31 | 50.29 | 7.20 | 21.34 | |
| 2016-09-30 | 50.76 | 7.66 | 21.10 | |
| 2016-06-30 | 51.22 | 8.12 | 20.85 | |
| 2016-03-31 | 50.78 | 7.80 | 20.71 | |
| 2015-12-31 | 50.34 | 7.47 | 20.57 | |
| 2015-09-30 | 46.67 | 7.23 | 19.70 | |
| 2015-06-30 | 43.01 | 6.98 | 18.83 | |
| 2015-03-31 | 41.08 | 6.63 | 17.24 | |
| 2014-12-31 | 39.15 | 6.28 | 15.65 | |
| 2014-09-30 | 37.49 | 6.04 | 15.33 | |
| 2014-06-30 | 35.83 | 5.80 | 15.01 | |
| 2014-03-31 | 34.26 | 5.58 | 14.44 | |
| 2013-12-31 | 32.68 | 5.37 | 13.88 | |
| 2013-09-30 | 32.67 | 4.93 | 13.20 | |
| 2013-06-30 | 32.66 | 4.50 | 12.53 | |
| 2013-03-31 | 31.10 | 4.34 | 12.62 | |
| 2012-12-31 | 29.54 | 4.19 | 12.72 | |
| 2012-09-30 | 25.78 | 4.11 | 12.03 | |
| 2012-06-30 | 27.06 | 4.03 | 11.34 | |
| 2012-03-31 | 26.01 | 3.62 | 10.75 |
*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.
- MGI Digital Technology Société Anonyme has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- MGI Digital Technology Société Anonyme used its assets more efficiently than the US Tech industry average last year based on Return on Assets.
- MGI Digital Technology Société Anonyme has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
MGI Digital Technology Société Anonyme 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.
Past performance checks
We assess MGI Digital Technology Société Anonyme's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
MGI Digital Technology Société Anonyme 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.
FRII.F Health
How is MGI Digital Technology Société Anonyme'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 MGI Digital Technology Société Anonyme's finances.
The net worth of a company is the difference between its assets and liabilities.
- MGI Digital Technology Société Anonyme is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- MGI Digital Technology Société Anonyme's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of
MGI Digital Technology Société Anonyme'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 4.5x 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 MGI Digital Technology Société Anonyme Company Filings, last reported 8 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-06-30 | 83.18 | 13.63 | 20.28 |
| 2018-03-31 | 83.18 | 13.63 | 20.28 |
| 2017-12-31 | 77.18 | 14.71 | 19.08 |
| 2017-09-30 | 77.18 | 14.71 | 19.08 |
| 2017-06-30 | 74.02 | 11.37 | 16.55 |
| 2017-03-31 | 74.02 | 11.37 | 16.55 |
| 2016-12-31 | 69.83 | 13.67 | 16.61 |
| 2016-09-30 | 69.83 | 13.67 | 16.61 |
| 2016-06-30 | 66.38 | 13.13 | 13.12 |
| 2016-03-31 | 66.38 | 13.13 | 13.12 |
| 2015-12-31 | 62.23 | 11.74 | 13.73 |
| 2015-09-30 | 62.23 | 11.74 | 13.73 |
| 2015-06-30 | 58.40 | 9.25 | 14.43 |
| 2015-03-31 | 58.40 | 9.25 | 14.43 |
| 2014-12-31 | 53.91 | 6.05 | 18.41 |
| 2014-09-30 | 53.91 | 6.05 | 18.41 |
| 2014-06-30 | 50.35 | 2.83 | 17.87 |
| 2014-03-31 | 50.35 | 2.83 | 17.87 |
| 2013-12-31 | 34.28 | 4.99 | 6.75 |
| 2013-09-30 | 34.28 | 4.99 | 6.75 |
| 2013-06-30 | 31.99 | 2.21 | 5.38 |
| 2013-03-31 | 31.99 | 2.21 | 5.38 |
| 2012-12-31 | 29.46 | 0.85 | 4.81 |
| 2012-09-30 | 29.46 | 0.85 | 4.81 |
| 2012-06-30 | 27.75 | 1.62 | 5.90 |
| 2012-03-31 | 27.75 | 1.62 | 5.90 |
- MGI Digital Technology Société Anonyme's level of debt (16.4%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (7% vs 16.4% today).
- Debt is well covered by operating cash flow (68.5%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 62.9x coverage).
X
Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess MGI Digital Technology Société Anonyme's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) MGI Digital Technology Société Anonyme has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
FRII.F Dividends
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
0%
Current annual income from
MGI Digital Technology Société Anonyme
dividends.
Estimated to be
0%
next year.
If you bought
$2,000 of
MGI Digital Technology Société Anonyme
shares you are expected to receive
$0
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?
- Unable to evaluate MGI Digital Technology Société Anonyme's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate MGI Digital Technology Société Anonyme's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
| 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 1 Analyst Estimates (S&P Global) | See Below |
| United States of America Tech Industry Average Dividend Yield | Market Cap Weighted Average of 8 Stocks | 1.7% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2004 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 | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-12-31 | 0.00 | 1.00 |
| 2019-12-31 | 0.00 | 1.00 |
| 2018-12-31 | 0.00 | 1.00 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as MGI Digital Technology Société Anonyme has not reported any payouts.
- Unable to verify if MGI Digital Technology Société Anonyme's dividend has been increasing as the company has not reported any payouts.
X
Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess MGI Digital Technology Société Anonyme's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can MGI Digital Technology Société Anonyme afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) MGI Digital Technology Société Anonyme has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
FRII.F Management
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
Edmond
Abergel
CEO Bio
Mr. Edmond Abergel serves as the Chairman, Chief Executive Officer and President at M.G.I. France Société Anonyme.
CEO Compensation
- Insufficient data for Edmond to compare compensation growth.
- Insufficient data for Edmond to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team
Edmond Abergel
TITLE
Chairman
Victor Abergel
TITLE
Deputy Managing Director and Director
Board of Directors
Edmond Abergel
TITLE
Chairman
Victor Abergel
TITLE
Deputy Managing Director and Director
Michael Aberge
TITLE
Director
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
X
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.
Management checks
We assess MGI Digital Technology Société Anonyme's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) MGI Digital Technology Société Anonyme 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.
FRII.F Company Info
Description
MGI Digital Technology Société Anonyme designs, manufactures, and sells digital printing and finishing equipment for the graphic industry in France and internationally. The company offers digital printing and finishing equipment in the areas of inkjet technology, digital printing, spot uv coating, embossed hot foiling, adhesive labels, digital finishing, plastic card production, envelope solutions, and turnkey paper solutions. Its products include JETvarnish 3D Evolution, a spot UV coating solution; JETvarnish 3D Web, a roll-to-roll finishing solution; JETvarnish 3D, a solution for 3D or traditional flat spot UV coating; JETVARNISH 3DS, a digital solution; Meteor Unlimited Colors Se+, a range of new digital print production systems; and Meteor Unlimited Colors XL+, a range of new digital print production systems. The company’s products also comprise Meteor DP8700 Se+, a digital printing solution; Meteor DP8700 XL+, a digital press equipment; Meteor DP8700 XL+ DF Pro, a digital printing and inline finishing solution; and JETcard 3D that provides card manufacturers with a printing/encoding/finishing solution. In addition, its products consists of DF Pro Solo, a finishing solution; PressCard Pro, an industrial production unit dedicated to the short run lamination of plastic substrates; PunchCard Pro, a semi-automatic card punching unit; and EnvelopExpress Pro, an envelope feeder for the Meteor DP8700 XL/XL+. The company serves industries, including commercial printers, plastic card manufacturers, government agencies, packaging firms, in-plant printers, newspaper printers, photo printers/labs and book printers. MGI Digital Technology Société Anonyme was founded in 1982 and is headquartered in Fresnes, France.
Details
| Name: | MGI Digital Technology Société Anonyme |
| FRII.F | |
| Exchange: | OTCPK |
| Founded: | 1982 |
| €324,994,668 | |
| 6,192,447 | |
| Website: | http://www.mgi-fr.com |
| Address: |
MGI Digital Technology Société Anonyme 4, rue de la Méridienne, Fresnes, Ile-de-France, 94260, France |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ENXTPA | ALMDG | Ordinary Shares | Euronext Paris | FR | EUR | 18. Jul 2006 | |
| OTCPK | FRII.F | Ordinary Shares | Pink Sheets LLC | US | USD | 18. Jul 2006 | |
| DB | 2EI | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 18. Jul 2006 | |
| LSE | 0D00 | Ordinary Shares | London Stock Exchange | GB | EUR | 18. Jul 2006 |
Number of employees
Current staff
208
MGI Digital Technology Société Anonyme
employees.
Industry
| Technology Hardware, Storage and Peripherals | |
| Tech |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/19 00:34 |
| End of day share price update: | 2019/02/08 00:00 |
| Last estimates confirmation: | 2019/02/14 |
| Last earnings filing: | 2018/10/15 |
| Last earnings reported: | 2018/06/30 |
| Last annual earnings reported: | 2017/12/31 |
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.
