Loading...

We've got a brand new version of Simply Wall St! Try it out

McPherson's

DB:M5C
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
M5C
DB
A$291M
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

McPherson's Limited provides health, wellness, and beauty products in Australia, New Zealand, Asia, and internationally. The last earnings update was 92 days ago. More info.


Add to Portfolio Compare Print
  • McPherson's has significant price volatility in the past 3 months.
M5C Share Price and Events
7 Day Returns
8.4%
DB:M5C
-1.1%
DE Consumer Durables
0.1%
DE Market
1 Year Returns
101%
DB:M5C
2.9%
DE Consumer Durables
8.8%
DE Market
M5C Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
McPherson's (M5C) 8.4% 21.9% 36.8% 101% - -
DE Consumer Durables -1.1% 3.5% 4.1% 2.9% -5.9% 11.6%
DE Market 0.1% 5.9% 15% 8.8% 14.5% 21%
1 Year Return vs Industry and Market
  • M5C outperformed the Consumer Durables industry which returned 2.9% over the past year.
  • M5C outperformed the Market in Germany which returned 8.8% over the past year.
Price Volatility
M5C
Industry
5yr Volatility vs Market

Value

 Is McPherson's undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of McPherson's to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for McPherson's.

DB:M5C Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:M5C
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.815 (1 + (1- 30%) (6.17%))
0.899
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.9
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.899 * 5.96%)
5.59%

Discounted Cash Flow Calculation for DB:M5C using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for McPherson's is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:M5C DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 5.59%)
2020 12.25 Analyst x2 11.60
2021 14.40 Analyst x2 12.92
2022 16.60 Analyst x2 14.10
2023 16.69 Est @ 0.56% 13.43
2024 16.77 Est @ 0.46% 12.78
2025 16.83 Est @ 0.39% 12.15
2026 16.89 Est @ 0.34% 11.54
2027 16.94 Est @ 0.31% 10.97
2028 16.99 Est @ 0.28% 10.42
2029 17.04 Est @ 0.27% 9.89
Present value of next 10 years cash flows A$119.00
DB:M5C DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= A$17.04 × (1 + 0.23%) ÷ (5.59% – 0.23%)
A$318.57
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$318.57 ÷ (1 + 5.59%)10
A$184.95
DB:M5C Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$119.00 + A$184.95
A$303.95
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$303.95 / 106.84
A$2.84
DB:M5C Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:M5C represents 0.61397x of ASX:MCP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.61397x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 2.84 x 0.61397
€1.75
Value per share (EUR) From above. €1.75
Current discount Discount to share price of €1.67
= -1 x (€1.67 - €1.75) / €1.75
4.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price McPherson's is available for.
Intrinsic value
4%
Share price is €1.67 vs Future cash flow value of €1.75
Current Discount Checks
For McPherson's to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • McPherson's's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • McPherson's's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for McPherson's's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are McPherson's's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:M5C PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in AUD A$0.13
ASX:MCP Share Price ** ASX (2019-11-14) in AUD A$2.72
Germany Consumer Durables Industry PE Ratio Median Figure of 8 Publicly-Listed Consumer Durables Companies 17.05x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of McPherson's.

DB:M5C PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:MCP Share Price ÷ EPS (both in AUD)

= 2.72 ÷ 0.13

20.89x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • McPherson's is overvalued based on earnings compared to the DE Consumer Durables industry average.
  • McPherson's is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does McPherson's's expected growth come at a high price?
Raw Data
DB:M5C PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
10.7%per year
Germany Consumer Durables Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Durables Companies 0.97x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

DB:M5C PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 20.89x ÷ 10.7%

1.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • McPherson's is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on McPherson's's assets?
Raw Data
DB:M5C PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$0.91
ASX:MCP Share Price * ASX (2019-11-14) in AUD A$2.72
Germany Consumer Durables Industry PB Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 1.69x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
DB:M5C PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:MCP Share Price ÷ Book Value per Share (both in AUD)

= 2.72 ÷ 0.91

3x

* Primary Listing of McPherson's.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • McPherson's is overvalued based on assets compared to the DE Consumer Durables industry average.
X
Value checks
We assess McPherson's's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
  5. McPherson's has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is McPherson's expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is McPherson's expected to grow at an attractive rate?
  • McPherson's's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • McPherson's's earnings growth is positive but not above the Germany market average.
  • McPherson's's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:M5C Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:M5C Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 10.7%
DB:M5C Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 4.6%
Germany Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 15%
Germany Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:M5C Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:M5C Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 241 20 19 4
2021-06-30 230 17 17 4
2020-06-30 217 16 15 4
2019-11-14
DB:M5C Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 210 20 14
2019-03-31 211 8 12
2018-12-31 211 -4 11
2018-09-30 211 1 11
2018-06-30 211 7 11
2018-03-31 207 14 10
2017-12-31 203 21 8
2017-09-30 208 23 4
2017-06-30 212 24 0
2017-03-31 235 33 -1
2016-12-31 259 42 -1
2016-09-30 286 34 5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • McPherson's's earnings are expected to grow by 10.7% yearly, however this is not considered high growth (20% yearly).
  • McPherson's's revenue is expected to grow by 4.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:M5C Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from McPherson's Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:M5C Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30 0.18 0.20 0.15 3.00
2021-06-30 0.16 0.18 0.14 3.00
2020-06-30 0.14 0.14 0.14 4.00
2019-11-14
DB:M5C Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 0.13
2019-03-31 0.12
2018-12-31 0.10
2018-09-30 0.11
2018-06-30 0.11
2018-03-31 0.09
2017-12-31 0.07
2017-09-30 0.04
2017-06-30 0.00
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • McPherson's is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess McPherson's's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
McPherson's has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has McPherson's performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare McPherson's's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • McPherson's has delivered over 20% year on year earnings growth in the past 5 years.
  • McPherson's's 1-year earnings growth is less than its 5-year average (20.8% vs 48%)
  • McPherson's's earnings growth has exceeded the DE Consumer Durables industry average in the past year (20.8% vs -21.1%).
Earnings and Revenue History
McPherson's's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from McPherson's Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:M5C Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 210.34 13.72 67.05
2019-03-31 210.62 12.27 66.52
2018-12-31 210.90 10.81 66.83
2018-09-30 210.96 11.09 66.63
2018-06-30 211.02 11.36 65.57
2018-03-31 207.23 9.56 65.55
2017-12-31 203.44 7.76 65.52
2017-09-30 207.50 3.69 65.30
2017-06-30 211.57 -0.39 65.08
2017-03-31 235.41 -0.77 72.06
2016-12-31 259.25 -1.16 79.04
2016-09-30 286.13 4.92 85.66
2016-06-30 313.02 11.00 92.27
2016-03-31 323.02 10.31 93.75
2015-12-31 333.02 9.62 95.23
2015-09-30 341.31 9.23 98.05
2015-06-30 349.60 8.84 100.87
2015-03-31 353.33 10.59 102.45
2014-12-31 357.06 12.35 104.02
2014-09-30 354.89 -27.35 103.04
2014-06-30 352.72 -67.04 102.06
2014-03-31 340.09 -90.22 103.81
2013-12-31 326.76 -114.31 101.22
2013-09-30 313.01 -73.81 96.55
2013-06-30 299.26 -33.32 91.87
2013-03-31 292.44 -7.15 82.83
2012-12-31 285.62 17.66 80.61

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • McPherson's has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • McPherson's used its assets more efficiently than the DE Consumer Durables industry average last year based on Return on Assets.
  • McPherson's has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess McPherson's's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
McPherson's has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is McPherson's's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up McPherson's's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • McPherson's is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • McPherson's's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of McPherson's's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from McPherson's Company Filings, last reported 4 months ago.

DB:M5C Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 96.53 17.94 13.41
2019-03-31 96.53 17.94 13.41
2018-12-31 94.27 27.11 7.63
2018-09-30 94.27 27.11 7.63
2018-06-30 90.02 18.45 8.61
2018-03-31 90.02 18.45 8.61
2017-12-31 86.87 41.29 10.44
2017-09-30 86.87 41.29 10.44
2017-06-30 88.49 43.86 6.58
2017-03-31 88.49 43.86 6.58
2016-12-31 93.51 55.53 13.57
2016-09-30 93.51 55.53 13.57
2016-06-30 104.49 68.95 16.49
2016-03-31 104.49 68.95 16.49
2015-12-31 107.30 111.09 16.65
2015-09-30 107.30 111.09 16.65
2015-06-30 98.74 90.49 11.28
2015-03-31 98.74 90.49 11.28
2014-12-31 108.28 81.35 11.91
2014-09-30 108.28 81.35 11.91
2014-06-30 92.77 80.63 4.12
2014-03-31 94.54 80.63 4.12
2013-12-31 98.12 96.10 1.79
2013-09-30 98.12 96.10 1.79
2013-06-30 169.09 73.27 1.67
2013-03-31 168.92 73.27 1.67
2012-12-31 179.56 87.72 1.11
  • McPherson's's level of debt (18.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (86.8% vs 18.6% today).
  • Debt is well covered by operating cash flow (110.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 23.8x coverage).
X
Financial health checks
We assess McPherson's's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. McPherson's has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is McPherson's's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.68%
Current annual income from McPherson's dividends. Estimated to be 4.02% next year.
If you bought €2,000 of McPherson's shares you are expected to receive €74 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • McPherson's's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.38%).
  • McPherson's's dividend is below the markets top 25% of dividend payers in Germany (3.68%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:M5C Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Germany Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:M5C Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2022-06-30 0.12 4.00
2021-06-30 0.11 4.00
2020-06-30 0.10 4.00
2019-11-14
DB:M5C Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-08-14 0.100 4.362
2019-07-23 0.100 5.499
2018-08-21 0.085 6.524
2017-08-22 0.080 5.880
2016-08-22 0.080 6.794
2015-09-30 0.080 9.897
2015-08-24 0.080 12.409
2015-02-23 0.110 13.743
2014-09-30 0.100 8.228
2014-08-18 0.100 7.201
2013-10-21 0.170 13.308
2012-09-24 0.170 9.613
2012-08-20 0.170 9.128
2011-08-22 0.280 14.027
2011-02-23 0.240 7.599
2011-02-22 0.240 7.218
2010-08-24 0.200 6.539
2010-02-24 0.200 7.064
2009-09-28 0.000 0.000
2009-08-26 0.000 0.000
2009-02-24 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of McPherson's's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.5x coverage).
X
Income/ dividend checks
We assess McPherson's's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can McPherson's afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. McPherson's has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of McPherson's's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Laurie McAllister
COMPENSATION A$1,105,331
TENURE AS CEO 3 years
CEO Bio

Mr. Laurie McAllister, also known as Laurie, has been Managing Director of McPherson's Limited since November 21, 2016 and serves as its Director. Mr. McAllister served as Managing Director at Sanofi-aventis Australia Pty Ltd. until December 31, 2015 and served as its Director from September 1, 2013 to December 31, 2015. Mr. McAllister served as the President of Nordics and the Chief Commercial & Marketing Officer for Japan, for the Coca-Cola Company. He has spent a considerable tenure working for the largest brand in the world, at Coca-Cola for 23 years and operating across more than 80 countries and hence brings strong consumer marketing and dynamic commercial experience to help support and drive the McPherson’s brands to the next stage of development and brand strength. This, coupled with managing New Product Development, M&A, Innovation and the R&D lab across Europe, Eurasia & Middle East and provide insight-based considerations to build on the ongoing product development pipeline, processes and team capabilities to evolve the portfolio. He has been a Director at Mcpherson's Consumer Products (NZ) Limited since November 21, 2016.

CEO Compensation
  • Laurie's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Laurie's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the McPherson's management team in years:

7.8
Average Tenure
  • The average tenure for the McPherson's management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Laurie McAllister

TITLE
MD & Director
COMPENSATION
A$1M
TENURE
3 yrs

Paul Witheridge

TITLE
CFO & Joint Company Secretary
COMPENSATION
A$451K
TENURE
7.9 yrs

Lori Pirozzi

TITLE
International Sales Director
COMPENSATION
A$297K

Phil Bennett

TITLE
Joint Company Secretary
COMPENSATION
A$482K
TENURE
7.8 yrs

Sammy Chan

TITLE
Managing Director of McPherson's Hong Kong Limited
COMPENSATION
A$632K
Board of Directors Tenure

Average tenure of the McPherson's board of directors in years:

1.9
Average Tenure
  • The average tenure for the McPherson's board of directors is less than 3 years, this suggests a new board.
Board of Directors

Graham Cubbin

TITLE
Independent Chairman of the Board
COMPENSATION
A$165K
AGE
71
TENURE
4.3 yrs

Laurie McAllister

TITLE
MD & Director
COMPENSATION
A$1M

Jane McKellar

TITLE
Independent Non-Executive Director
COMPENSATION
A$100K
TENURE
4.8 yrs

Grant Peck

TITLE
Independent Non-Executive Director
COMPENSATION
A$93K
TENURE
1.9 yrs

Geoff Pearce

TITLE
Independent Non-Executive Director
COMPENSATION
A$83K
TENURE
1.8 yrs

Alison Mew

TITLE
Independent Non-Executive Director
COMPENSATION
A$78K
AGE
61
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
12. Mar 19 Buy Investors Mutual Limited Company 27. Aug 18 08. Mar 19 1,101,080 €0.91 €1,004,971
28. Feb 19 Buy Jane McKellar Individual 26. Feb 19 26. Feb 19 4,717 €0.83 €3,928
25. Feb 19 Buy Alison Mew Individual 22. Feb 19 22. Feb 19 12,000 €0.83 €9,924
X
Management checks
We assess McPherson's's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. McPherson's has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

McPherson's Limited provides health, wellness, and beauty products in Australia, New Zealand, Asia, and internationally. The company offers beauty care, hair care, skin care, and fragrance products; kitchen essentials, such as baking papers, cling wraps, and aluminum foils; and personal care items, including facial wipes, cotton pads, and foot comfort products. The company offers its products primarily under the owned brands, including Manicare, Lady Jayne, Dr. LeWinn’s, A'kin, Swisspers, Moosehead, Maseur, and Multix, as well as partnered brands, such as Karen Murrell and Dr Wolff. It serves supermarkets, discount department stores, department stores, pharmacies, and independent housewares stores. The company was founded in 1860 and is based in Kingsgrove, Australia.

Details
Name: McPherson's Limited
M5C
Exchange: DB
Founded: 1860
A$178,846,827
106,843,303
Website: http://www.mcphersons.com.au
Address: McPherson's Limited
105 Vanessa Street,
Kingsgrove,
New South Wales, 2208,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX MCP Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
DB M5C Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
CHIA MCP Ordinary Shares Chi-X Australia AU AUD 02. Jan 1992
Number of employees
Current staff
Staff numbers
420
McPherson's employees.
Industry
Housewares and Specialties
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/14 22:04
End of day share price update: 2019/11/14 00:00
Last estimates confirmation: 2019/11/11
Last earnings filing: 2019/08/14
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.