MLP SE (MLP.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:MLP - DE0006569908 - Common Stock
7.26 EUR
-0.04 (-0.55%)
MLP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 118 industry peers in the Capital Markets industry. While MLP is still in line with the averages on profitability rating, there are concerns on its financial health. MLP has a decent growth rate and is not valued too expensively. Finally MLP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year MLP was profitable.
- In the past year MLP had a positive cash flow from operations.
- In the past 5 years MLP has always been profitable.
- Of the past 5 years MLP 4 years had a positive operating cash flow.
1.2 Ratios
- MLP has a Return On Assets (1.44%) which is in line with its industry peers.
- The Return On Equity of MLP (10.71%) is comparable to the rest of the industry.
- Looking at the Return On Invested Capital, with a value of 1.46%, MLP is in line with its industry, outperforming 53.39% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for MLP is significantly below the industry average of 8.65%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.44% | ||
| ROE | 10.71% | ||
| ROIC | 1.46% |
ROA(3y)1.42%
ROA(5y)1.46%
ROE(3y)10.31%
ROE(5y)10.62%
ROIC(3y)1.89%
ROIC(5y)1.72%
1.3 Margins
- MLP has a Profit Margin of 5.55%. This is comparable to the rest of the industry: MLP outperforms 43.22% of its industry peers.
- In the last couple of years the Profit Margin of MLP has grown nicely.
- MLP has a Operating Margin of 8.40%. This is comparable to the rest of the industry: MLP outperforms 53.39% of its industry peers.
- In the last couple of years the Operating Margin of MLP has grown nicely.
- With a decent Gross Margin value of 51.67%, MLP is doing good in the industry, outperforming 64.41% of the companies in the same industry.
- In the last couple of years the Gross Margin of MLP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.4% | ||
| PM (TTM) | 5.55% | ||
| GM | 51.67% |
OM growth 3Y-2.47%
OM growth 5Y8.24%
PM growth 3Y-1.05%
PM growth 5Y4.28%
GM growth 3Y2.88%
GM growth 5Y1.98%
2. Health
2.1 Basic Checks
- MLP has about the same amout of shares outstanding than it did 1 year ago.
- MLP has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, MLP has an improved debt to assets ratio.
2.2 Solvency
- MLP has an Altman-Z score of -0.19. This is a bad value and indicates that MLP is not financially healthy and even has some risk of bankruptcy.
- MLP has a Altman-Z score (-0.19) which is in line with its industry peers.
- MLP has a debt to FCF ratio of 102.91. This is a negative value and a sign of low solvency as MLP would need 102.91 years to pay back of all of its debts.
- MLP's Debt to FCF ratio of 102.91 is in line compared to the rest of the industry. MLP outperforms 57.63% of its industry peers.
- MLP has a Debt/Equity ratio of 5.61. This is a high value indicating a heavy dependency on external financing.
- MLP has a worse Debt to Equity ratio (5.61) than 62.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.61 | ||
| Debt/FCF | 102.91 | ||
| Altman-Z | -0.19 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 0.11 indicates that MLP may have some problems paying its short term obligations.
- With a Current ratio value of 0.11, MLP is not doing good in the industry: 61.86% of the companies in the same industry are doing better.
- MLP has a Quick Ratio of 0.11. This is a bad value and indicates that MLP is not financially healthy enough and could expect problems in meeting its short term obligations.
- MLP has a Quick ratio of 0.10. This is in the lower half of the industry: MLP underperforms 61.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.11 | ||
| Quick Ratio | 0.1 |
3. Growth
3.1 Past
- MLP shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.39%.
- Measured over the past 5 years, MLP shows a small growth in Earnings Per Share. The EPS has been growing by 4.93% on average per year.
- MLP shows a small growth in Revenue. In the last year, the Revenue has grown by 2.31%.
- The Revenue has been growing slightly by 6.10% on average over the past years.
EPS 1Y (TTM)2.39%
EPS 3Y36.44%
EPS 5Y4.93%
EPS Q2Q%55.56%
Revenue 1Y (TTM)2.31%
Revenue growth 3Y5.11%
Revenue growth 5Y6.1%
Sales Q2Q%-1.99%
3.2 Future
- MLP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.09% yearly.
- Based on estimates for the next years, MLP will show a quite strong growth in Revenue. The Revenue will grow by 8.48% on average per year.
EPS Next Y0.26%
EPS Next 2Y25.18%
EPS Next 3Y12.94%
EPS Next 5Y9.09%
Revenue Next Year6.56%
Revenue Next 2Y12.5%
Revenue Next 3Y10.31%
Revenue Next 5Y8.48%
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.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 12.31, the valuation of MLP can be described as correct.
- Compared to the rest of the industry, the Price/Earnings ratio of MLP indicates a rather cheap valuation: MLP is cheaper than 82.20% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. MLP is valued rather cheaply when compared to this.
- With a Price/Forward Earnings ratio of 13.63, MLP is valued correctly.
- MLP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MLP is cheaper than 79.66% of the companies in the same industry.
- MLP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.31 | ||
| Fwd PE | 13.63 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MLP indicates a rather cheap valuation: MLP is cheaper than 88.98% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, MLP is valued a bit cheaper than 71.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.97 | ||
| EV/EBITDA | 5.97 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- MLP's earnings are expected to grow with 12.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)47.81
PEG (5Y)2.5
EPS Next 2Y25.18%
EPS Next 3Y12.94%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.95%, MLP is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.08, MLP pays a better dividend. On top of this MLP pays more dividend than 84.75% of the companies listed in the same industry.
- MLP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.95% |
5.2 History
- On average, the dividend of MLP grows each year by 8.50%, which is quite nice.
Dividend Growth(5Y)8.5%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
- 119.97% of the earnings are spent on dividend by MLP. This is not a sustainable payout ratio.
- The dividend of MLP is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP119.97%
EPS Next 2Y25.18%
EPS Next 3Y12.94%
MLP SE / MLP.DE FAQ
What is the fundamental rating for MLP stock?
ChartMill assigns a fundamental rating of 5 / 10 to MLP.DE.
Can you provide the valuation status for MLP SE?
ChartMill assigns a valuation rating of 6 / 10 to MLP SE (MLP.DE). This can be considered as Fairly Valued.
What is the profitability of MLP stock?
MLP SE (MLP.DE) has a profitability rating of 6 / 10.
Can you provide the financial health for MLP stock?
The financial health rating of MLP SE (MLP.DE) is 2 / 10.
What is the earnings growth outlook for MLP SE?
The Earnings per Share (EPS) of MLP SE (MLP.DE) is expected to grow by 0.26% in the next year.