MEARS GROUP PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 355 GBX | +1.43% |
|
-1.93% | +14.52% |
| Apr. 19 | Mears Group completes GBP20 million share buyback | AN |
| Apr. 11 | Mears Group ups dividend after cracking the GBP1 billion revenue mark | AN |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 324.8 | 170.7 | 209.1 | 230.9 | 307.1 | 334 | - | - |
| Enterprise Value (EV) 1 | 375.8 | 227.6 | 371.4 | 130.8 | 307.1 | 233.5 | 215 | 186.9 |
| P/E ratio | -4.89 x | 3.83 x | 15.1 x | 8.34 x | 9.71 x | 10.3 x | 12.4 x | 11.9 x |
| Yield | 1.24% | - | 4.24% | 5.05% | - | 3.96% | 4% | 4.33% |
| Capitalization / Revenue | 0.33 x | 0.21 x | 0.24 x | 0.24 x | 0.28 x | 0.33 x | 0.36 x | 0.37 x |
| EV / Revenue | 0.38 x | 0.28 x | 0.42 x | 0.14 x | 0.28 x | 0.23 x | 0.23 x | 0.21 x |
| EV / EBITDA | 4.26 x | 4.07 x | 4.37 x | 1.38 x | 2.59 x | 2.06 x | 2.01 x | 1.72 x |
| EV / FCF | 4.33 x | 2.26 x | -309 x | 1.29 x | - | 9.03 x | 8.14 x | 5.63 x |
| FCF Yield | 23.1% | 44.3% | -0.32% | 77.6% | - | 11.1% | 12.3% | 17.7% |
| Price to Book | 2.73 x | 1.1 x | 1.04 x | 1.09 x | - | 1.54 x | 1.42 x | - |
| Nbr of stocks (in thousands) | 110,490 | 110,837 | 110,927 | 110,993 | 99,076 | 94,085 | - | - |
| Reference price 2 | 2.940 | 1.540 | 1.885 | 2.080 | 3.100 | 3.550 | 3.550 | 3.550 |
| Announcement Date | 5/27/20 | 5/12/21 | 3/31/22 | 4/28/23 | 4/11/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 982.6 | 805.8 | 878.4 | 959.6 | 1,089 | 999.2 | 922.9 | 902 |
| EBITDA 1 | 88.19 | 55.94 | 85.08 | 94.87 | 118.4 | 113.1 | 106.7 | 108.8 |
| EBIT 1 | 45.58 | 5.528 | 33.68 | 41.53 | 51.67 | 52.35 | 45.14 | 46.12 |
| Operating Margin | 4.64% | 0.69% | 3.83% | 4.33% | 4.74% | 5.24% | 4.89% | 5.11% |
| Earnings before Tax (EBT) 1 | 25.2 | -15.22 | 16.33 | 34.94 | 46.92 | 46.7 | 38.6 | 40.33 |
| Net income 1 | -66.39 | 44.52 | 14.12 | 28.31 | 35.2 | 34.48 | 28.42 | 29.47 |
| Net margin | -6.76% | 5.52% | 1.61% | 2.95% | 3.23% | 3.45% | 3.08% | 3.27% |
| EPS 2 | -0.6009 | 0.4021 | 0.1249 | 0.2494 | 0.3194 | 0.3455 | 0.2865 | 0.2987 |
| Free Cash Flow 1 | 86.8 | 100.7 | -1.202 | 101.5 | - | 25.87 | 26.4 | 33.17 |
| FCF margin | 8.83% | 12.5% | -0.14% | 10.58% | - | 2.59% | 2.86% | 3.68% |
| FCF Conversion (EBITDA) | 98.43% | 180.08% | - | 107.01% | - | 22.87% | 24.73% | 30.47% |
| FCF Conversion (Net income) | - | 226.25% | - | 358.63% | - | 75.03% | 92.88% | 112.56% |
| Dividend per Share 2 | 0.0365 | - | 0.0800 | 0.1050 | - | 0.1407 | 0.1420 | 0.1538 |
| Announcement Date | 5/27/20 | 5/12/21 | 3/31/22 | 4/28/23 | 4/11/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2023 S1 |
|---|---|---|
| Net sales 1 | - | 525.6 |
| EBITDA | - | - |
| EBIT | - | - |
| Operating Margin | - | - |
| Earnings before Tax (EBT) | - | - |
| Net income | -9.65 | - |
| Net margin | - | - |
| EPS | -0.0873 | - |
| Dividend per Share | - | - |
| Announcement Date | 8/18/20 | 8/3/23 |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 51 | 56.9 | 162 | - | - | - | - | - |
| Net Cash position 1 | - | - | - | 100 | - | 100 | 119 | 147 |
| Leverage (Debt/EBITDA) | 0.5783 x | 1.017 x | 1.907 x | - | - | - | - | - |
| Free Cash Flow 1 | 86.8 | 101 | -1.2 | 102 | - | 25.9 | 26.4 | 33.2 |
| ROE (net income / shareholders' equity) | 18.4% | -1.85% | 11.6% | 13.7% | - | 16.2% | 12.1% | 11.9% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 1.080 | 1.400 | 1.810 | 1.910 | - | 2.300 | 2.500 | - |
| Cash Flow per Share 2 | 0.8800 | 0.9600 | 0.5000 | 0.9800 | - | 0.2800 | 0.3400 | 0.4600 |
| Capex 1 | 3.7 | 2.16 | 8.77 | 9.42 | - | 10.9 | 10.6 | 11 |
| Capex / Sales | 0.38% | 0.27% | 1% | 0.98% | - | 1.09% | 1.15% | 1.22% |
| Announcement Date | 5/27/20 | 5/12/21 | 3/31/22 | 4/28/23 | 4/11/24 | - | - | - |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
3.55
GBP
Average target price
4.335
GBP
Spread / Average Target
+22.11%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +14.52% | 416M | |
| +4.63% | 799M | |
| +2.79% | 645M |
- Stock Market
- Equities
- MER Stock
- Financials Mears Group plc
