MIDWEST ENERGY EMISSIONS CORP. Financials Midwest Energy Emissions Corp.
Equities
MEEC
US59833H1014
Environmental Services & Equipment
|
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 0.775 USD | -1.89% |
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+0.65% | -15.58% |
| 16/04 | Midwest Energy Emissions Corp. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| 15/04 | Transcript : Midwest Energy Emissions Corp., Q4 2023 Earnings Call, Apr 15, 2024 |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 18.3 | 14.58 | 49.59 | 52.87 | 24.58 | 86.62 |
| Enterprise Value (EV) 1 | 31.7 | 26.47 | 64.39 | 64.03 | 33.02 | 76.91 |
| P/E ratio | -3.79 x | -2.38 x | -8.48 x | -13.9 x | -13.2 x | 15.3 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 1.49 x | 1.28 x | 6.08 x | 4.06 x | 1.14 x | 4.83 x |
| EV / Revenue | 2.58 x | 2.32 x | 7.89 x | 4.92 x | 1.53 x | 4.29 x |
| EV / EBITDA | -15.2 x | -9.35 x | -22.9 x | -109 x | 29.5 x | -9.36 x |
| EV / FCF | 43.9 x | 25.8 x | 40.8 x | 52 x | 38.1 x | -18.3 x |
| FCF Yield | 2.28% | 3.88% | 2.45% | 1.92% | 2.63% | -5.45% |
| Price to Book | -2.12 x | -1.64 x | -3.76 x | -5.69 x | -3.31 x | -111 x |
| Nbr of stocks (in thousands) | 76,246 | 76,748 | 78,096 | 89,616 | 93,088 | 94,360 |
| Reference price 2 | 0.2400 | 0.1900 | 0.6350 | 0.5900 | 0.2641 | 0.9180 |
| Announcement Date | 11/04/19 | 14/05/20 | 05/04/21 | 05/04/22 | 15/05/23 | 16/04/24 |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 12.3 | 11.42 | 8.158 | 13.01 | 21.62 | 17.94 |
| EBITDA 1 | -2.088 | -2.831 | -2.815 | -0.588 | 1.12 | -8.22 |
| EBIT 1 | -2.746 | -3.347 | -3.217 | -0.861 | 0.904 | -8.439 |
| Operating Margin | -22.34% | -29.32% | -39.44% | -6.62% | 4.18% | -47.04% |
| Earnings before Tax (EBT) 1 | -4.795 | -6.083 | -5.816 | -3.61 | -1.563 | 6.377 |
| Net income 1 | -4.817 | -6.097 | -5.826 | -3.633 | -1.581 | 5.904 |
| Net margin | -39.17% | -53.41% | -71.41% | -27.92% | -7.31% | 32.91% |
| EPS 2 | -0.0633 | -0.0797 | -0.0749 | -0.0423 | -0.0200 | 0.0600 |
| Free Cash Flow 1 | 0.7214 | 1.026 | 1.576 | 1.231 | 0.8675 | -4.195 |
| FCF margin | 5.87% | 8.99% | 19.32% | 9.46% | 4.01% | -23.38% |
| FCF Conversion (EBITDA) | - | - | - | - | 77.44% | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 11/04/19 | 14/05/20 | 05/04/21 | 05/04/22 | 15/05/23 | 16/04/24 |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5 | 2.695 | 3.3 | 7.486 | 5.664 | 3.013 | 4.112 | 6.747 | 4.069 |
| EBITDA 1 | - | - | - | - | 0.503 | - | - | -0.042 | 20.77 |
| EBIT 1 | - | - | - | - | 0.0436 | - | - | -0.1838 | -7.032 |
| Operating Margin | - | - | - | - | 0.77% | - | - | -2.72% | -172.85% |
| Earnings before Tax (EBT) 1 | -0.2051 | -1.261 | -1.134 | - | -0.628 | - | - | -0.8275 | 9.416 |
| Net income 1 | -0.2066 | -1.278 | -1.1 | - | -0.646 | - | - | -0.8275 | 8.943 |
| Net margin | -4.13% | -47.44% | -33.33% | - | -11.41% | - | - | -12.26% | 219.8% |
| EPS 2 | - | -0.0100 | -0.0100 | 0.0100 | -0.0100 | -0.0200 | -0.0100 | -0.0100 | 0.0900 |
| Dividend per Share | - | - | - | - | - | - | - | - | - |
| Announcement Date | 15/11/21 | 05/04/22 | 18/05/22 | 14/11/22 | 15/05/23 | 06/06/23 | 16/08/23 | 20/11/23 | 16/04/24 |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 13.4 | 11.9 | 14.8 | 11.2 | 8.43 | - |
| Net Cash position 1 | - | - | - | - | - | 9.71 |
| Leverage (Debt/EBITDA) | -6.415 x | -4.201 x | -5.256 x | -18.97 x | 7.528 x | - |
| Free Cash Flow 1 | 0.72 | 1.03 | 1.58 | 1.23 | 0.87 | -4.19 |
| ROE (net income / shareholders' equity) | 73.8% | 69.7% | 52.8% | 32.4% | 17.9% | -144% |
| ROA (Net income/ Total Assets) | -17.1% | -24.2% | -24.2% | -6.94% | 6.47% | -28.7% |
| Assets 1 | 28.19 | 25.23 | 24.12 | 52.35 | -24.46 | -20.6 |
| Book Value Per Share 2 | -0.1100 | -0.1200 | -0.1700 | -0.1000 | -0.0800 | -0.0100 |
| Cash Flow per Share 2 | 0.0100 | 0.0200 | 0.0100 | 0.0200 | 0.0200 | 0.2200 |
| Capex 1 | 0.13 | - | - | 0.01 | 0.01 | - |
| Capex / Sales | 1.07% | - | - | 0.08% | 0.05% | - |
| Announcement Date | 11/04/19 | 14/05/20 | 05/04/21 | 05/04/22 | 15/05/23 | 16/04/24 |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -15.58% | 73.14M | |
| +15.01% | 9.05B | |
| +45.55% | 2.51B | |
| -11.82% | 1.04B | |
| -7.53% | 765M | |
| +20.48% | 696M | |
| +16.71% | 679M | |
| -14.98% | 601M | |
| -4.45% | 580M | |
| +12.61% | 561M |
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