Financials Merchants' National Properties, Inc.

Equities

MNPP

US5891611080

Market Closed - OTC Markets 07:00:19 25/06/2024 pm IST 5-day change 1st Jan Change
1,725 USD 0.00% Intraday chart for Merchants' National Properties, Inc. 0.00% +16.55%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 148.9 158.2 128.3 156 145 134.1
Enterprise Value (EV) 1 157.1 168 182.9 167.4 168.1 155.6
P/E ratio 10.6 x 15.1 x 13.1 x 6 x -39.6 x 10.3 x
Yield 2.97% 2.94% 3.57% 3.82% 4.38% 5.41%
Capitalization / Revenue 5.84 x 15.4 x 6.18 x 6.13 x 5.73 x 4.99 x
EV / Revenue 6.16 x 16.4 x 8.81 x 6.58 x 6.64 x 5.79 x
EV / EBITDA 8.27 x 57.6 x 20.4 x 11.6 x 13.4 x 12.5 x
EV / FCF 14.4 x -98.2 x 83.3 x 16.9 x 14.4 x 36.7 x
FCF Yield 6.93% -1.02% 1.2% 5.92% 6.94% 2.73%
Price to Book 0.8 x 0.83 x 0.66 x 0.73 x 0.72 x 0.65 x
Nbr of stocks (in thousands) 93.1 93.1 91.6 91.7 90.7 90.6
Reference price 2 1,600 1,700 1,400 1,700 1,599 1,480
Announcement Date 30/04/19 09/05/20 28/04/21 07/06/22 09/05/23 08/05/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 25.5 10.25 20.76 25.45 25.3 26.87
EBITDA 1 18.99 2.919 8.954 14.4 12.55 12.42
EBIT 1 18.11 1.882 7.028 12.78 9.692 9.131
Operating Margin 71.01% 18.36% 33.86% 50.23% 38.3% 33.99%
Earnings before Tax (EBT) 1 18.32 12.07 11.77 34.25 -3.142 16.96
Net income 1 14.08 10.44 9.902 25.98 -3.678 13.06
Net margin 55.22% 101.87% 47.71% 102.08% -14.53% 48.61%
EPS 2 151.3 112.4 107.1 283.5 -40.37 144.1
Free Cash Flow 1 10.89 -1.711 2.196 9.916 11.67 4.244
FCF margin 42.72% -16.69% 10.58% 38.97% 46.12% 15.8%
FCF Conversion (EBITDA) 57.35% - 24.52% 68.86% 93.01% 34.18%
FCF Conversion (Net income) 77.36% - 22.18% 38.17% - 32.5%
Dividend per Share 2 47.50 50.00 50.00 65.00 70.00 80.00
Announcement Date 30/04/19 09/05/20 28/04/21 07/06/22 09/05/23 08/05/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 8.24 9.81 54.6 11.5 23.1 21.5
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.434 x 3.361 x 6.1 x 0.7983 x 1.841 x 1.729 x
Free Cash Flow 1 10.9 -1.71 2.2 9.92 11.7 4.24
ROE (net income / shareholders' equity) 7.44% 5.4% 4.75% 12.2% -1.61% 5.82%
ROA (Net income/ Total Assets) 4.77% 0.48% 1.56% 2.66% 2.05% 1.88%
Assets 1 295.1 2,183 635.1 977.2 -179.1 694
Book Value Per Share 2 1,988 2,055 2,108 2,326 2,224 2,289
Cash Flow per Share 2 138.0 185.0 257.0 190.0 231.0 220.0
Capex - - - - - 2.79
Capex / Sales - - - - - 10.4%
Announcement Date 30/04/19 09/05/20 28/04/21 07/06/22 09/05/23 08/05/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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