Financials M&G plc

Equities

MNG

GB00BKFB1C65

Investment Management & Fund Operators

Real-time Estimate Cboe Europe 09:32:13 2024-07-10 am EDT 5-day change 1st Jan Change
211.2 GBX +0.79% Intraday chart for M&G plc +2.82% -4.77%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,167 5,120 5,050 4,309 5,176 4,901 - -
Enterprise Value (EV) 1 7,620 6,965 7,485 6,962 7,675 12,438 12,438 4,901
P/E ratio 5.52 x 4.5 x 62.3 x -2.85 x 17.9 x 10.1 x 8.45 x 7.68 x
Yield 6.65% 9.21% 9.17% 10.4% 8.86% 9.57% 9.88% 10.1%
Capitalization / Revenue 0.22 x 0.34 x 0.28 x -0.5 x - 4.54 x 4.51 x -
EV / Revenue 0.27 x 0.46 x 0.42 x -0.81 x - 11.5 x 11.4 x -
EV / EBITDA - - - - - - - -
EV / FCF - 3,968,626 x 13,911,890 x -6,464,255 x - - - -
FCF Yield - 0% 0% -0% - - - -
Price to Book 1.2 x 0.92 x 0.98 x 1.59 x 1.3 x 1.23 x 1.2 x 1.18 x
Nbr of stocks (in thousands) 2,599,907 2,586,481 2,531,126 2,293,853 2,327,255 2,339,563 - -
Reference price 2 2.372 1.980 1.995 1.878 2.224 2.095 2.095 2.095
Announcement Date 3/10/20 3/9/21 3/8/22 3/9/23 3/21/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 27,876 15,216 17,772 -8,545 - 1,079 1,087 -
EBITDA - - - - - - - -
EBIT 1 1,987 788 721 529 797 768.7 846.6 921.8
Operating Margin 7.13% 5.18% 4.06% -6.19% - 71.21% 77.91% -
Earnings before Tax (EBT) 1 1,305 1,397 81 -2,118 749 678.1 787.2 862.8
Net income 1 1,120 1,138 83 -1,619 297 471.6 585.8 642.9
Net margin 4.02% 7.48% 0.47% 18.95% - 43.69% 53.91% -
EPS 2 0.4300 0.4400 0.0320 -0.6600 0.1240 0.2122 0.2524 0.2800
Free Cash Flow - 1,755 538 -1,077 - - - -
FCF margin - 11.53% 3.03% 12.6% - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - 154.22% 648.19% - - - - -
Dividend per Share 2 0.1577 0.1823 0.1830 0.1960 0.1970 0.2005 0.2069 0.2126
Announcement Date 3/10/20 3/9/21 3/8/22 3/9/23 3/21/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2023 S1 2023 S2 2024 S1 2024 S2
Net sales - - - - - - - - - -
EBITDA - - - - - - - - - -
EBIT 1 - 309 479 327 - 182 390 - 395.5 411.5
Operating Margin - - - - - - - - - -
Earnings before Tax (EBT) - 1,035 362 -304 - -1,325 - - - -
Net income 326 824 314 -251 - -1,051 - - - -
Net margin - - - - - - - - - -
EPS 2 - 0.3180 - -0.0980 0.1300 -0.4140 - - 0.1200 0.1200
Dividend per Share 0.1192 0.0600 - 0.0610 - 0.0620 0.0650 0.1320 - -
Announcement Date 3/10/20 8/12/20 3/9/21 8/10/21 3/8/22 8/11/22 9/20/23 3/21/24 - -
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,453 1,845 2,435 2,653 2,499 7,537 7,537 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - 1,755 538 -1,077 - - - -
ROE (net income / shareholders' equity) 15.9% 21.3% 1.53% -40.1% 7.15% 12.3% 15.2% 16.1%
ROA (Net income/ Total Assets) 0.51% 0.5% - - 0.16% - - -
Assets 1 220,994 227,464 - - 190,385 - - -
Book Value Per Share 2 1.970 2.150 2.040 1.180 1.710 1.700 1.750 1.770
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 3/10/20 3/9/21 3/8/22 3/9/23 3/21/24 - - -
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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
2.095 GBP
Average target price
2.344 GBP
Spread / Average Target
+11.86%
Consensus
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  4. Financials M&G plc