Mpact Future Growth

Future criteria checks 4/6

Mpact is forecast to grow earnings and revenue by 21.2% and 7.6% per annum respectively while EPS is expected to grow by 22% per annum.

Key information

21.2%

Earnings growth rate

22.0%

EPS growth rate

Packaging earnings growth	18.9%
Revenue growth rate	7.6%
Future return on equity	n/a
Analyst coverage	Low
Last updated	12 Nov 2024

Recent future growth updates

Recent updates

Bearish: Analysts Just Cut Their Mpact Limited (JSE:MPT) Revenue and EPS estimates

Mar 20

Mpact's (JSE:MPT) Upcoming Dividend Will Be Larger Than Last Year's

Aug 24

Earnings and Revenue Growth Forecasts

JSE:MPT - Analysts future estimates and past financials data (ZAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	15,467	788	799	1,711	1
12/31/2025	14,372	673	420	1,660	1
12/31/2024	13,423	567	-120	1,474	1
6/30/2024	12,756	443	220	1,403	N/A
3/31/2024	12,789	491	239	1,599	N/A
12/31/2023	12,823	539	258	1,794	N/A
9/30/2023	12,847	639	91	1,486	N/A
6/30/2023	12,870	740	-75	1,179	N/A
3/31/2023	12,622	701	-168	962	N/A
12/31/2022	12,373	663	-261	745	N/A
9/30/2022	12,103	610	-305	714	N/A
6/30/2022	11,833	558	-349	683	N/A
3/31/2022	11,691	538	-86	773	N/A
12/31/2021	11,549	518	176	863	N/A
6/30/2021	10,655	451	1,086	1,693	N/A
3/31/2021	10,456	377	1,187	1,749	N/A
12/31/2020	10,258	304	1,287	1,806	N/A
9/30/2020	11,052	-219	1,170	1,683	N/A
6/30/2020	11,007	-756	1,054	1,560	N/A
3/31/2020	11,042	-708	696	1,246	N/A
12/31/2019	11,076	-660	339	931	N/A
6/30/2019	10,699	468	42	581	N/A
3/31/2019	10,621	437	216	753	N/A
12/31/2018	10,543	407	391	925	N/A
9/30/2018	10,437	292	390	1,000	N/A
6/30/2018	10,262	268	389	1,076	N/A
3/31/2018	10,191	271	N/A	1,004	N/A
12/31/2017	10,120	275	N/A	932	N/A
9/30/2017	10,182	283	N/A	836	N/A
6/30/2017	10,245	291	N/A	741	N/A
3/31/2017	10,172	341	N/A	796	N/A
12/31/2016	10,099	391	N/A	850	N/A
9/30/2016	9,960	465	N/A	964	N/A
6/30/2016	9,822	539	N/A	1,079	N/A
3/31/2016	9,685	571	N/A	1,031	N/A
12/31/2015	9,548	603	N/A	984	N/A
9/30/2015	9,298	549	N/A	947	N/A
6/30/2015	9,048	495	N/A	911	N/A
3/31/2015	8,832	459	N/A	870	N/A
12/31/2014	8,617	423	N/A	828	N/A
9/30/2014	8,389	413	N/A	864	N/A
6/30/2014	8,162	404	N/A	900	N/A
3/31/2014	7,930	392	N/A	794	N/A
12/31/2013	7,698	380	N/A	689	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MPT's forecast earnings growth (21.2% per year) is above the savings rate (9.7%).

Earnings vs Market: MPT's earnings (21.2% per year) are forecast to grow faster than the ZA market (19.7% per year).

High Growth Earnings: MPT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MPT's revenue (7.6% per year) is forecast to grow faster than the ZA market (3.6% per year).

High Growth Revenue: MPT's revenue (7.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MPT's Return on Equity is forecast to be high in 3 years time

Mpact Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 9.9% to R31.85

Price target decreased by 9.4% to R35.35

Consensus revenue estimates fall by 11%

Price target decreased by 8.0% to R36.80

Price target decreased by 10% to R35.97

Price target decreased to R32.05

Recent updates

Price target decreased by 9.9% to R31.85

First half 2024 earnings released: EPS: R1.24 (vs R1.91 in 1H 2023)

First half dividend of R0.30 announced

New minor risk - Profit margin trend

Mpact Limited to Report First Half, 2024 Results on Aug 05, 2024

Mpact Limited Approves the Election of FC Futwa as Audit and Risk Committee Member

Mpact Limited Announces CFO Changes

Mpact Limited Announces Board Changes

Mpact Limited, Annual General Meeting, Jun 06, 2024

Mpact Limited, Annual General Meeting, Jun 06, 2024

Price target decreased by 9.4% to R35.35

Upcoming dividend of R0.75 per share

Bearish: Analysts Just Cut Their Mpact Limited (JSE:MPT) Revenue and EPS estimates

Consensus revenue estimates fall by 11%

Price target decreased by 8.0% to R36.80

Full year 2023 earnings: EPS and revenues miss analyst expectations

Mpact Limited Declares Cash Dividend for the Year Ended 31 December 2023, Payable on April 8, 2024

CFO & Executive Director recently sold R1.4m worth of stock

Insider recently sold R608k worth of stock

Mpact's (JSE:MPT) Upcoming Dividend Will Be Larger Than Last Year's

Upcoming dividend of R0.45 per share at 3.9% yield

Managing Director of Recycling Division recently sold R2.3m worth of stock

First half 2023 earnings released: EPS: R1.91 (vs R1.39 in 1H 2022)

Mpact Limited Declares Interim Gross Cash Dividend, Payable on 4 September 2023

New minor risk - Insider selling

Mpact Limited to Report First Half, 2023 Results on Aug 04, 2023

Insider recently sold R1.3m worth of stock

CEO & Executive Director exercised options to buy R25m worth of stock.

Price target decreased by 10% to R35.97

Upcoming dividend of R0.75 per share at 5.2% yield

Full year 2022 earnings released: EPS: R4.56 (vs R3.52 in FY 2021)

Mpact Limited to Report Fiscal Year 2022 Results on Mar 07, 2023

Price target decreased to R32.05

Upcoming dividend of R0.40 per share

Price target decreased to R34.74

Insufficient new directors

Now 23% undervalued after recent price drop

Upcoming dividend of R0.50 per share

Consensus forecasts updated

Full year 2021 earnings: EPS and revenues miss analyst expectations

Now 21% undervalued

Mpact Limited to Report Fiscal Year 2021 Final Results on Mar 07, 2022

Now 20% undervalued

Mpact Limited Appoints Donald Gert Wilson as Independent Non-Executive Director and Member of Audit and Risk Committee

Insufficient new directors

Independent Non-Executive Director Andrew Thompson has left the company

Insider recently sold R884k worth of stock

First half 2021 earnings released: EPS R1.21 (vs R0.09 in 1H 2020)

Consensus revenue estimates increase to R12.8b

Mpact Limited Provides Earnings Guidance for the Six Months Ended 30 June 2021

Caxton and CTP Publishers and Printers Limited (JSE:CAT) agreed to acquire an additional stake in Mpact Limited (JSE:MPT).

Mpact Limited Provides Earnings Guidance for the Six Months Ending 30 June 2021

Gayatri Paper Mills Gauteng (Pty) Limited acquired an unknown minority stake in Mpact Limited (JSE:MPT).

Revenue and earnings beat expectations

Full year 2020 earnings released: EPS R1.89 (vs R3.86 loss in FY 2019)

New 90-day high: R19.92

Andrew Spieldenner Joins Mpact Limited as New Executive Director, Effective March 1, 2021

Mpact Limited to Report Fiscal Year 2020 Results on Mar 05, 2021

New 90-day high: R17.90

New 90-day high: R15.60

Price target raised to R10.30

New 90-day high: R13.85

New 90-day high: R13.23

New 90-day high: R12.34

An unknown buyer acquired unknown minority stake in Mpact Limited (JSE:MPT) from Public Investment Corporation Limited.

New 90-day high: R12.07

Mpact Limited(JSE:MPT) dropped from S&P Global BMI Index

New 90-day low: R7.25

Upcoming Dividend of R0.42 Per Share