MEDIOBANCA SPA (MB.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:MB - IT0000062957 - Common Stock
17.04 EUR
+0.11 (+0.62%)
MB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 114 industry peers in the Banks industry. MB has a medium profitability rating, but doesn't score so well on its financial health evaluation. MB has a decent growth rate and is not valued too expensively. Finally MB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- MB had positive earnings in the past year.
- MB had a negative operating cash flow in the past year.
- MB had positive earnings in each of the past 5 years.
- In multiple years MB reported negative operating cash flow during the last 5 years.
1.2 Ratios
- MB has a better Return On Assets (1.92%) than 93.86% of its industry peers.
- The Return On Equity of MB (17.82%) is better than 87.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 17.82% | ||
| ROIC | N/A |
ROA(3y)1.23%
ROA(5y)1.13%
ROE(3y)10.79%
ROE(5y)9.64%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- MB's Profit Margin of 33.78% is amongst the best of the industry. MB outperforms 85.09% of its industry peers.
- MB's Profit Margin has improved in the last couple of years.
- The Operating Margin and Gross Margin are not available for MB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 33.78% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y3.47%
PM growth 5Y7.62%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- MB does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for MB has been reduced compared to 1 year ago.
- Compared to 5 years ago, MB has less shares outstanding
- The debt/assets ratio for MB is higher compared to a year ago.
2.2 Solvency
- A Debt/Equity ratio of 4.37 is on the high side and indicates that MB has dependencies on debt financing.
- With a Debt to Equity ratio value of 4.37, MB is not doing good in the industry: 85.96% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC5.74%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 15.38% over the past year.
- Measured over the past 5 years, MB shows a small growth in Earnings Per Share. The EPS has been growing by 4.34% on average per year.
- Looking at the last year, MB shows a small growth in Revenue. The Revenue has grown by 5.63% in the last year.
- Measured over the past years, MB shows a small growth in Revenue. The Revenue has been growing by 4.61% on average per year.
EPS 1Y (TTM)15.38%
EPS 3Y4.6%
EPS 5Y4.34%
EPS Q2Q%4.36%
Revenue 1Y (TTM)5.63%
Revenue growth 3Y4.97%
Revenue growth 5Y4.61%
Sales Q2Q%-2.87%
3.2 Future
- Based on estimates for the next years, MB will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.82% on average per year.
- The Revenue is expected to grow by 8.01% on average over the next years. This is quite good.
EPS Next Y19.1%
EPS Next 2Y21.37%
EPS Next 3Y17.06%
EPS Next 5Y12.82%
Revenue Next Year15.58%
Revenue Next 2Y13.49%
Revenue Next 3Y10.4%
Revenue Next 5Y8.01%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 16.23 indicates a correct valuation of MB.
- Compared to the rest of the industry, the Price/Earnings ratio of MB indicates a rather expensive valuation: MB more expensive than 89.47% of the companies listed in the same industry.
- MB is valuated rather cheaply when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- MB is valuated reasonably with a Price/Forward Earnings ratio of 11.02.
- MB's Price/Forward Earnings ratio is in line with the industry average.
- MB is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.23 | ||
| Fwd PE | 11.02 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- MB's earnings are expected to grow with 17.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.85
PEG (5Y)3.74
EPS Next 2Y21.37%
EPS Next 3Y17.06%
5. Dividend
5.1 Amount
- MB has a Yearly Dividend Yield of 6.57%, which is a nice return.
- MB's Dividend Yield is rather good when compared to the industry average which is at 3.93. MB pays more dividend than 86.84% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, MB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.57% |
5.2 History
- The dividend of MB is nicely growing with an annual growth rate of 19.69%!
Dividend Growth(5Y)19.69%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 47.29% of the earnings are spent on dividend by MB. This is a bit on the high side, but may be sustainable.
- The dividend of MB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP47.29%
EPS Next 2Y21.37%
EPS Next 3Y17.06%
MEDIOBANCA SPA / MB.MI FAQ
What is the fundamental rating for MB stock?
ChartMill assigns a fundamental rating of 4 / 10 to MB.MI.
What is the valuation status of MEDIOBANCA SPA (MB.MI) stock?
ChartMill assigns a valuation rating of 4 / 10 to MEDIOBANCA SPA (MB.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for MEDIOBANCA SPA?
MEDIOBANCA SPA (MB.MI) has a profitability rating of 4 / 10.
How financially healthy is MEDIOBANCA SPA?
The financial health rating of MEDIOBANCA SPA (MB.MI) is 1 / 10.
What is the expected EPS growth for MEDIOBANCA SPA (MB.MI) stock?
The Earnings per Share (EPS) of MEDIOBANCA SPA (MB.MI) is expected to grow by 19.1% in the next year.