OTCPK:MACE

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Mace Security International

Executive Summary

Mace Security International, Inc. designs, manufactures, and sells personal defense and security products to retailers, distributors, and individual consumers worldwide.


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

How has Mace Security International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MACE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.9%

MACE

1.5%

US Electronic

1.0%

US Market


1 Year Return

-43.9%

MACE

2.6%

US Electronic

4.1%

US Market

Return vs Industry: MACE underperformed the US Electronic industry which returned 2.2% over the past year.

Return vs Market: MACE underperformed the US Market which returned 3.7% over the past year.


Shareholder returns

MACEIndustryMarket
7 Day-5.9%1.5%1.0%
30 Day-23.8%9.1%5.4%
90 Day-14.0%-6.0%-5.7%
1 Year-43.9%-43.9%3.7%2.6%6.5%4.1%
3 Year-56.8%-56.8%14.0%10.9%28.3%19.8%
5 Year-59.5%-59.5%50.7%43.6%52.2%35.0%

Price Volatility Vs. Market

How volatile is Mace Security International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Mace Security International undervalued compared to its fair value and its price relative to the market?

1.57x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MACE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MACE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MACE is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: MACE is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MACE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MACE is good value based on its PB Ratio (1.6x) compared to the US Electronic industry average (1.7x).


Next Steps

Future Growth

How is Mace Security International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.3%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mace Security International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Mace Security International performed over the past 5 years?

-30.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MACE is currently unprofitable.

Growing Profit Margin: MACE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MACE is unprofitable, and losses have increased over the past 5 years at a rate of -30.3% per year.

Accelerating Growth: Unable to compare MACE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MACE is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-9.4%).


Return on Equity

High ROE: MACE has a negative Return on Equity (-11.25%), as it is currently unprofitable.


Next Steps

Financial Health

How is Mace Security International's financial position?


Financial Position Analysis

Short Term Liabilities: MACE's short term assets ($4.2M) exceed its short term liabilities ($2.0M).

Long Term Liabilities: MACE's short term assets ($4.2M) exceed its long term liabilities ($746.0K).


Debt to Equity History and Analysis

Debt Level: MACE's debt to equity ratio (16.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if MACE's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MACE has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: MACE has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 48.7% each year.


Next Steps

Dividend

What is Mace Security International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MACE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MACE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MACE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MACE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MACE's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average board tenure


CEO

Gary Medved

1.33yrs

Tenure

Mr. Gary Medved serves as President and Chief Executive Officer of Mace Security International, Inc. since January 22, 2019. Mr. Medved has a wealth of relevant experience. Throughout his career, he has he ...


Board Members

NamePositionTenureCompensationOwnership
George Gehrisch
Executive Chairman2.17yrsno datano data
Sanjay Singh
Executive Vice-Chairman2.17yrsno datano data
Denis Amato
Director8.83yrsUS$10.22kno data
Daniel Perella
Directorno datano datano data
Bradley Dickerson
Director0.83yrno datano data
Cheryl McMillan
Director1.92yrsno datano data
Hussien Shousher
Director0.83yrno datano data

2.0yrs

Average Tenure

54yo

Average Age

Experienced Board: MACE's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Mace Security International, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mace Security International, Inc.
  • Ticker: MACE
  • Exchange: OTCPK
  • Founded: 1965
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$10.144m
  • Shares outstanding: 63.40m
  • Website: https://www.mace.com

Location

  • Mace Security International, Inc.
  • 4400 Carnegie Avenue
  • Cleveland
  • Ohio
  • 44103
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MACEOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 1993

Biography

Mace Security International, Inc. designs, manufactures, and sells personal defense and security products to retailers, distributors, and individual consumers worldwide. The company offers pepper sprays, gels, and guns, as well as animal deterrent sprays; personal alarms; stun guns; and combo kits under the Mace, Tornado, and Vigilant brands. It also provides aerosol defense sprays for law enforcement and security professionals under the Take Down brand. The company distributes and supports its branded products and services through mass market retailers, wholesale distributors, independent dealers, e-commerce channels, and installation service providers. Mace Security International, Inc. was founded in 1965 and is headquartered in Cleveland, Ohio. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/25 23:50
End of Day Share Price2020/05/22 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.