MAS Past Earnings Performance
Past criteria checks 1/6
MAS has been growing earnings at an average annual rate of 29.1%, while the Real Estate industry saw earnings growing at 21.2% annually. Revenues have been growing at an average rate of 3.7% per year. MAS's return on equity is 9.6%, and it has net margins of 113.1%.
Key information
29.1%
Earnings growth rate
27.6%
EPS growth rate
| Real Estate Industry Growth | 22.4% |
| Revenue growth rate | 3.7% |
| Return on equity | 9.6% |
| Net Margin | 113.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
At R15.65, Is MAS P.L.C. (JSE:MSP) Worth Looking At Closely?
Nov 03
Is Now The Time To Look At Buying MAS P.L.C. (JSE:MSP)?
Jun 28Should You Investigate MAS P.L.C. (JSE:MSP) At R20.00?
Oct 22At R20.10, Is MAS P.L.C. (JSE:MSP) Worth Looking At Closely?
Mar 14Is There Now An Opportunity In MAS Real Estate Inc. (JSE:MSP)?
Nov 06MAS Real Estate's (JSE:MSP) Shareholders May Want To Dig Deeper Than Statutory Profit
Sep 07Insider Buying: The MAS Real Estate Inc. (JSE:MSP) Independent Non-Executive Director Just Bought 73% More Shares
Mar 03We Think MAS Real Estate (JSE:MSP) Is Taking Some Risk With Its Debt
Feb 28How Much Of MAS Real Estate Inc. (JSE:MSP) Do Institutions Own?
Jan 26
Need To Know: MAS Real Estate Inc. (JSE:MSP) Insiders Have Been Buying Shares
Dec 21MAS Real Estate (JSE:MSP) Share Prices Have Dropped 68% In The Last Three Years
Nov 25Revenue & Expenses BreakdownBeta
How MAS 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 |
|---|---|---|---|---|
| 31 Dec 23 | 88 | 99 | 10 | 0 |
| 30 Sep 23 | 85 | 95 | 9 | 0 |
| 30 Jun 23 | 83 | 91 | 9 | 0 |
| 31 Mar 23 | 76 | 112 | 9 | 0 |
| 31 Dec 22 | 67 | 135 | 9 | 0 |
| 30 Sep 22 | 57 | 133 | 9 | 0 |
| 30 Jun 22 | 48 | 131 | 8 | 0 |
| 31 Mar 22 | 47 | 114 | 10 | 0 |
| 31 Dec 21 | 46 | 97 | 11 | 0 |
| 30 Sep 21 | 46 | 81 | 12 | 0 |
| 30 Jun 21 | 45 | 66 | 13 | 0 |
| 31 Mar 21 | 46 | 9 | 14 | 0 |
| 31 Dec 20 | 47 | -48 | 14 | 0 |
| 30 Sep 20 | 47 | -38 | 13 | 0 |
| 30 Jun 20 | 47 | -29 | 12 | 0 |
| 31 Mar 20 | 41 | 29 | 9 | 0 |
| 31 Dec 19 | 35 | 88 | 7 | 0 |
| 30 Sep 19 | 52 | 71 | 7 | 0 |
| 30 Jun 19 | 70 | 55 | 7 | 0 |
| 31 Mar 19 | 85 | 36 | 6 | 0 |
| 31 Dec 18 | 101 | 16 | 6 | 0 |
| 30 Sep 18 | 85 | 17 | 6 | 0 |
| 30 Jun 18 | 69 | 17 | 6 | 0 |
| 31 Mar 18 | 58 | 31 | 5 | 0 |
| 31 Dec 17 | 46 | 46 | 4 | 0 |
| 30 Sep 17 | 39 | 40 | 4 | 0 |
| 30 Jun 17 | 32 | 34 | 4 | 0 |
| 31 Mar 17 | 27 | 17 | 3 | 0 |
| 31 Dec 16 | 21 | 0 | 2 | 0 |
| 30 Sep 16 | 19 | 1 | 3 | 0 |
| 30 Jun 16 | 16 | 1 | 3 | 0 |
| 31 Mar 16 | 15 | 16 | 3 | 0 |
| 31 Dec 15 | 14 | 31 | 3 | 0 |
| 30 Sep 15 | 12 | 40 | 2 | 0 |
| 30 Jun 15 | 9 | 48 | 2 | 0 |
| 30 Jun 14 | 4 | 4 | 2 | 0 |
| 31 Dec 13 | 4 | 4 | 2 | 0 |
Quality Earnings: MSP has a large one-off gain of €46.2M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: MSP's current net profit margins are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MSP's earnings have grown significantly by 29.1% per year over the past 5 years.
Accelerating Growth: MSP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MSP had negative earnings growth (-26.3%) over the past year, making it difficult to compare to the Real Estate industry average (23.4%).
Return on Equity
High ROE: MSP's Return on Equity (9.6%) is considered low.