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Mondi

DB:BTKC
Snowflake Description

Outstanding track record with adequate balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BTKC
DB
ZAR152B
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Mondi Limited manufactures and sells packaging and paper products in Africa, Western Europe, Emerging Europe, Russia, North America, South America, Asia, and Australia. The last earnings update was 126 days ago. More info.


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BTKC Share Price and Events
7 Day Returns
0%
DB:BTKC
6%
Europe Forestry
1.4%
DE Market
1 Year Returns
-
DB:BTKC
-20.9%
Europe Forestry
-7.6%
DE Market
BTKC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mondi (BTKC) 0% 0.2% -0.9% - - -
Europe Forestry 6% 2.9% -1.5% -20.9% -2.6% 33.2%
DE Market 1.4% 0.6% -2.6% -7.6% 8.3% 18%
1 Year Return vs Industry and Market
  • No trading data on BTKC.
  • No trading data on BTKC.
Price Volatility
BTKC
Industry
5yr Volatility vs Market

BTKC Value

 Is Mondi 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 Mondi 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 Mondi.

DB:BTKC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.5%
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:BTKC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Forestry Unlevered Beta Simply Wall St/ S&P Global 1.35
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.347 (1 + (1- 28%) (23.62%))
1.386
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.39
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.386 * 5.96%)
8.49%

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

The calculations below outline how an intrinsic value for Mondi 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.

DB:BTKC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.49%)
2020 711.33 Analyst x3 655.69
2021 836.33 Analyst x3 710.60
2022 899.00 Analyst x1 704.10
2023 922.00 Analyst x1 665.62
2024 938.94 Est @ 1.84% 624.83
2025 951.67 Est @ 1.35% 583.75
2026 961.34 Est @ 1.02% 543.56
2027 968.84 Est @ 0.78% 504.95
2028 974.80 Est @ 0.61% 468.31
2029 979.66 Est @ 0.5% 433.82
Present value of next 10 years cash flows €5,895.21
DB:BTKC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €979.66 × (1 + 0.23%) ÷ (8.49% – 0.23%)
€11,889.30
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €11,889.30 ÷ (1 + 8.49%)10
€5,264.96
DB:BTKC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €5,895.21 + €5,264.96
€11,160.17
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €11,160.17 / 483.97
€23.06
DB:BTKC Discount to Share Price
Calculation Result
Exchange Rate EUR/ZAR
(Reporting currency to currency of JSE:MND)
15.809
Value per Share
(ZAR)
= Value per Share in EUR x Exchange Rate (EUR/ZAR)
= €23.06 x 15.809
ZAR364.56
Non-primary Listing Adjustment Factor 1 share in DB:BTKC represents 0.06125x of JSE:MND
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.06125x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (ZAR) x Listing Adjustment Factor
= ZAR 364.56 x 0.06125
€22.33
Value per share (EUR) From above. €22.33
Current discount Discount to share price of €19.23
= -1 x (€19.23 - €22.33) / €22.33
13.9%

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

Current Discount
Amount off the current price Mondi is available for.
Intrinsic value
14%
Share price is €19.23 vs Future cash flow value of €22.33
Current Discount Checks
For Mondi to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Mondi's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Mondi'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 Mondi's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mondi's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:BTKC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €1.70
JSE:MND Share Price ** JSE (2019-07-23) in ZAR ZAR314
JSE:MND Share Price converted to EUR reporting currency Exchange rate (ZAR/ EUR) 0.063 €19.86
Europe Forestry Industry PE Ratio Median Figure of 29 Publicly-Listed Forestry Companies 10.88x
Germany Market PE Ratio Median Figure of 418 Publicly-Listed Companies 20.03x

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

** Primary Listing of Mondi.

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

= JSE:MND Share Price ÷ EPS (both in EUR)

= 19.86 ÷ 1.70

11.68x

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

  • Mondi is overvalued based on earnings compared to the Europe Forestry industry average.
  • Mondi is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Mondi's expected growth come at a high price?
Raw Data
DB:BTKC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
3.6%per year
Europe Forestry Industry PEG Ratio Median Figure of 21 Publicly-Listed Forestry Companies 0.18x
Germany Market PEG Ratio Median Figure of 268 Publicly-Listed Companies 1.42x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.68x ÷ 3.6%

3.24x

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

  • Mondi is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Mondi's assets?
Raw Data
DB:BTKC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €7.19
JSE:MND Share Price * JSE (2019-07-23) in ZAR ZAR314
JSE:MND Share Price converted to EUR reporting currency Exchange rate (ZAR/ EUR) 0.063 €19.86
Europe Forestry Industry PB Ratio Median Figure of 35 Publicly-Listed Forestry Companies 1.19x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.71x
DB:BTKC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= JSE:MND Share Price ÷ Book Value per Share (both in EUR)

= 19.86 ÷ 7.19

2.76x

* Primary Listing of Mondi.

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

  • Mondi is overvalued based on assets compared to the Europe Forestry industry average.
X
Value checks
We assess Mondi'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 Forestry 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 Forestry industry average (and greater than 0)? (1 check)
  5. Mondi has a total score of 1/6, 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.

BTKC Future Performance

 How is Mondi expected to perform in the next 1 to 3 years based on estimates from 7 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
3.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mondi expected to grow at an attractive rate?
  • Mondi's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Mondi's earnings growth is positive but not above the Germany market average.
  • Mondi's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:BTKC Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:BTKC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 3.6%
DB:BTKC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 1.8%
Europe Forestry Industry Earnings Growth Rate Market Cap Weighted Average 4%
Europe Forestry Industry Revenue Growth Rate Market Cap Weighted Average 1.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*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:BTKC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:BTKC Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 7,908 1,410 932 6
2020-12-31 7,730 1,414 925 7
2019-12-31 7,586 1,429 898 7
DB:BTKC Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 7,481 1,407 824
2018-09-30 7,361 1,347 747
2018-06-30 7,241 1,248 673
2018-03-31 7,169 1,212 672
2017-12-31 7,096 1,213 668
2017-09-30 7,014 1,224 647
2017-06-30 6,932 1,252 624
2017-03-31 6,797 1,241 631
2016-12-31 6,662 1,229 638
2016-09-30 6,667 1,208 655
2016-06-30 6,672 1,187 671
2016-03-31 6,746 1,153 636

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mondi's earnings are expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).
  • Mondi's revenue is expected to grow by 1.8% 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:BTKC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Mondi Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BTKC Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.89 2.03 1.79 4.00
2020-12-31 1.88 2.00 1.75 5.00
2019-12-31 1.83 1.95 1.73 5.00
DB:BTKC Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 1.70
2018-09-30 1.54
2018-06-30 1.39
2018-03-31 1.39
2017-12-31 1.38
2017-09-30 1.34
2017-06-30 1.29
2017-03-31 1.30
2016-12-31 1.32
2016-09-30 1.35
2016-06-30 1.39
2016-03-31 1.31

*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.
  • Mondi is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Mondi'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Mondi 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.

BTKC Past Performance

  How has Mondi 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 Mondi's growth in the last year to its industry (Forestry).
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.
  • Mondi's year on year earnings growth rate has been positive over the past 5 years.
  • Mondi's 1-year earnings growth exceeds its 5-year average (23.4% vs 11.6%)
  • Mondi's earnings growth has exceeded the Europe Forestry industry average in the past year (23.4% vs 10%).
Earnings and Revenue History
Mondi'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 Mondi Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BTKC Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 7,481.00 824.00 1,393.00
2018-09-30 7,361.00 747.00 1,384.00
2018-06-30 7,241.00 673.00 1,375.00
2018-03-31 7,168.50 672.00 1,378.00
2017-12-31 7,096.00 668.00 1,381.00
2017-09-30 7,014.00 647.00 1,376.50
2017-06-30 6,932.00 624.00 1,372.00
2017-03-31 6,797.00 631.00 1,339.50
2016-12-31 6,662.00 638.00 1,307.00
2016-09-30 6,667.00 654.50 1,297.00
2016-06-30 6,672.00 671.00 1,287.00
2016-03-31 6,745.50 635.50 1,303.50
2015-12-31 6,819.00 600.00 1,320.00
2015-09-30 6,766.00 564.00 1,322.50
2015-06-30 6,713.00 528.00 1,325.00
2015-03-31 6,557.50 499.50 1,282.50
2014-12-31 6,402.00 471.00 1,240.00
2014-09-30 6,342.00 460.50 1,222.00
2014-06-30 6,282.00 450.00 1,204.00
2014-03-31 6,379.00 418.00 1,216.50
2013-12-31 6,476.00 386.00 1,229.00
2013-09-30 6,394.50 323.00 1,212.50
2013-06-30 6,313.00 260.00 1,196.00
2013-03-31 6,051.50 251.00 1,162.00
2012-12-31 5,790.00 242.00 1,128.00
2012-09-30 5,701.00 242.50 1,106.00

*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.
  • Mondi has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Mondi used its assets more efficiently than the Europe Forestry industry average last year based on Return on Assets.
  • Mondi has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Mondi'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 Forestry 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.
Mondi has a total score of 6/6, 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.

BTKC Health

 How is Mondi'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 Mondi's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mondi is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mondi's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Mondi'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 1.1x 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 Mondi Company Filings, last reported 6 months ago.

DB:BTKC Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3,825.00 2,086.00 52.00
2018-09-30 3,825.00 2,086.00 52.00
2018-06-30 3,516.00 2,314.00 54.00
2018-03-31 3,516.00 2,314.00 54.00
2017-12-31 4,007.00 1,363.00 39.00
2017-09-30 4,039.00 1,365.00 39.00
2017-06-30 3,825.00 1,574.00 104.00
2017-03-31 3,825.00 1,574.00 104.00
2016-12-31 3,696.00 1,770.00 406.00
2016-09-30 3,696.00 1,770.00 406.00
2016-06-30 3,360.00 1,806.00 332.00
2016-03-31 3,360.00 1,806.00 332.00
2015-12-31 3,187.00 1,569.00 66.00
2015-09-30 3,187.00 1,569.00 66.00
2015-06-30 3,133.00 1,805.00 48.00
2015-03-31 3,133.00 1,805.00 48.00
2014-12-31 2,894.00 1,741.00 56.00
2014-09-30 2,894.00 1,741.00 56.00
2014-06-30 2,905.00 1,801.00 50.00
2014-03-31 2,905.00 1,801.00 50.00
2013-12-31 2,846.00 1,745.00 130.00
2013-09-30 2,846.00 1,745.00 130.00
2013-06-30 2,764.00 1,929.00 85.00
2013-03-31 2,764.00 1,929.00 85.00
2012-12-31 2,873.00 1,918.00 61.00
2012-09-30 2,876.00 1,910.00 61.00
  • Mondi's level of debt (54.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (61.6% vs 54.5% today).
  • Debt is well covered by operating cash flow (67.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 16.7x coverage).
X
Financial health checks
We assess Mondi'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. Mondi has a total score of 4/6, 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.

BTKC Dividends

 What is Mondi'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
3.83%
Current annual income from Mondi dividends. Estimated to be 4.22% next year.
If you bought €2,000 of Mondi shares you are expected to receive €77 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?
  • Mondi's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Mondi's dividend is below the markets top 25% of dividend payers in Germany (3.83%).
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:BTKC 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 7 Analyst Estimates (S&P Global) See Below
Europe Forestry Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 4.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

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

DB:BTKC Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 1.38 1.00
2022-12-31 1.00 1.00
2021-12-31 0.81 6.00
2020-12-31 0.81 7.00
2019-12-31 0.79 7.00
DB:BTKC Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-30 0.760 3.928
2018-03-02 0.620 2.859
2017-08-03 0.573 2.680
2017-04-04 0.570 2.470
2017-02-23 0.570 2.569
2016-08-04 0.564 2.969
2016-04-05 0.520 3.085
2016-02-25 0.520 3.062
2015-08-06 0.432 2.312
2015-02-24 0.420 2.166
2014-08-07 0.397 2.920
2014-02-28 0.360 2.788
2013-08-08 0.287 2.359
2013-02-21 0.280 2.749
2012-08-07 0.267 3.318
2012-03-23 0.520 7.701
2012-02-23 0.260 3.686
2011-02-21 0.248 3.810
2011-02-18 0.248 3.136
2010-03-01 0.118 1.706
2010-02-23 0.118 2.195
2009-08-05 0.093 2.000
2009-02-26 0.158 4.933

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 increased over the past 10 years.
Current Payout to shareholders
What portion of Mondi's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).
X
Income/ dividend checks
We assess Mondi's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Mondi afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mondi has a total score of 4/6, see the detailed checks below.


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

BTKC Management

 What is the CEO of Mondi'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
Peter Oswald
COMPENSATION €4,184,580
AGE 57
TENURE AS CEO 2.2 years
CEO Bio

Mr. Peter Josef Oswald has been Chief Executive Officer of Mondi Limited and Mondi plc since May 11, 2017. Mr. Oswald has been Chief Executive Officer of The Mondi Group plc since May 11, 2017. Mr. Oswald has been the Chief Executive Officer of Mondi Packaging, Ltd. and Mondi AG since 2002. He has been the Chief Executive Officer of Packaging at Mondi Business Paper Holding AG since 2004. He serves as a Member of Management Board at Mondi Packaging, Ltd. and Mondi AG. He serves as the Chief Executive Officer of Europe & International at Mondi Consumer Packaging International AG. He serves as Chief Executive Officer of Europe & International Division at Open Joint Stock Company Mondi Syktyvkar at Mondi Group, Mondi Business Paper Syktyvkar OAO and Mondi Limited. He serves as Chief Executive Officer of Mondi Packaging (UK) Ltd. Mr. Oswald served as the Chief Executive Officer of Europe & International Division at The Mondi Group plc until May 11, 2017. He served as the Chief Executive Officer of Europe & International Division at Mondi Limited from January 2008 to May 11, 2017. Mr. Oswald has been an Executive Director of Mondi Limited, The Mondi Group plc and Mondi plc since January 1, 2008. He serves as an Executive Director of Mondi Business Paper Syktyvkar OAO and Open Joint Stock Company Mondi Syktyvkar. He served as the Chief Executive Officer of Packaging at Mondi Business Paper Holding and Mondi Limited since 2004. He joined the Frantschach Group in 1992, initially as head of internal audit. From 1986 to 1989, Mr. Oswald served as Managing Director of University Publishing House from 1990 to 1991 as Purchasing and Logistics Manager at KTM, Austria, from 1992 to 1993 as Corporate Controller at Frantschach, Austria and as Managing Director of Bates Cepro, Netherlands (Frantschach) since 1994. He served as the Chief Executive Officer of Frantschach Bags and Flexibles Division from 1995 to 2001 and Chief Executive Officer of Mondi Packaging Europe from 2002 to 2003. From 1995 to 2001, he served as General Manager of Frantschach Packaging Converting and Member of Management Board at Frantschach Packaging and also served as the Deputy Chief Executive Officer of Frantschach Group from 2000 to 2004. He has over 23 years’ experience of the sector with detailed knowledge of operations and extensive experience in the acquisition, disposal, restructuring and turnaround of businesses. Mr. Oswald began his career with Deutsche Bank and automotive company KTM. He serves as the President of respactaustrian business council for sustainable development. He serves as the Chairman of Confederation of European Paper Industries. He serves as Chairman of the Supervisory Board at Mondi Swiecie S.A. and Mondi Consumer Packaging International AG. He serves as Chairman of Mondi Packaging Ltd. He served as Vice Chairman of the Executive Board at Mondi Tire Kutsan Kagit ve Ambalaj Sanayi A.S. since September 03, 2007 and also served as its Member of The Executive Board. He served as the Chairman of Supervisory Board at OMV Aktiengesellschaft until May 18, 2016 and served as its Member of Supervisory Board from May 19, 2015 to March 18, 2016. He completed Internship at Deutsche Bank, Germany from 1989 to 1990. He served as a Member of Supervisory Board at Miba Aktiengesellschaft from June 27, 2014 to Junr 25, 2015. He served as a Member of Supervisory Board of Telekom Austria AG from May 20, 2008 to August 14, 2014. Mr. Oswald earned a Master of Business Administration from Business School, University of Vienna, Austria from 1981 to 1986 and a Master of Law from Law School, University of Vienna, Austria from 1981 to 1986.

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

Average tenure and age of the Mondi management team in years:

5
Average Tenure
56
Average Age
  • The average tenure for the Mondi management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Peter Oswald

TITLE
CEO & Executive Director
COMPENSATION
€4M
AGE
57
TENURE
2.2 yrs

Andrew Charles King

TITLE
CFO & Executive Director
COMPENSATION
€4M
AGE
49
TENURE
10.8 yrs

John Lindahl

TITLE
Group Technical & Sustainability Director
AGE
59
TENURE
7.9 yrs

Clara Valera

TITLE
Group Head of Strategy & Investor Relations

Sara Sizer

TITLE
Group Communication & Marketing Director
AGE
56
TENURE
1.8 yrs

Michael Hakes

TITLE
Group HR Director
AGE
54
TENURE
1.3 yrs

Thomas Ott

TITLE
Chief Operating Officer of Mondi Industrial Bags

Gladys Naylor

TITLE
Group Head of Sustainable Development

Alessandro Dazza

TITLE
Chief Executive Officer of Fibre Packaging & Converting
AGE
48

Philip Laubscher

TITLE
Company Secretary
AGE
63
TENURE
18.5 yrs
Board of Directors Tenure

Average tenure and age of the Mondi board of directors in years:

4.9
Average Tenure
62
Average Age
  • The tenure for the Mondi board of directors is about average.
Board of Directors

David Williams

TITLE
Joint Chairman
COMPENSATION
€327K
AGE
73
TENURE
9.9 yrs

Fred Phaswana

TITLE
Joint Chairman
COMPENSATION
€329K
AGE
74
TENURE
6.1 yrs

Peter Oswald

TITLE
CEO & Executive Director
COMPENSATION
€4M
AGE
57
TENURE
11.5 yrs

Andrew Charles King

TITLE
CFO & Executive Director
COMPENSATION
€4M
AGE
49
TENURE
10.8 yrs

Tanya Fratto

TITLE
Independent Non-Executive Director
COMPENSATION
€106K
AGE
58
TENURE
2.5 yrs

Stephen Young

TITLE
Independent Non-Executive Director
AGE
63
TENURE
1.2 yrs

Stephen Harris

TITLE
Senior Independent Director
COMPENSATION
€109K
AGE
61
TENURE
1.2 yrs

Dominique J. Reiniche

TITLE
Independent Non-Executive Director
COMPENSATION
€100K
AGE
64
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
15. Mar 19 Sell Andrew Charles King Individual 07. Mar 19 07. Mar 19 -21,323 €20.94 €-446,463
05. Oct 18 Sell Hendrik Louw Individual 02. Oct 18 04. Oct 18 -40,500 €1.75 €-69,023
X
Management checks
We assess Mondi'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. Mondi 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.

BTKC News

Simply Wall St News

BTKC Company Info

Description

Mondi Limited manufactures and sells packaging and paper products in Africa, Western Europe, Emerging Europe, Russia, North America, South America, Asia, and Australia. The company operates through Fibre Packaging, Consumer Packaging, and Uncoated Fine Paper segments. Its products include flexible packaging, bags and pouches, personal care components, release liners, films, corrugated packaging, industrial bags, barrier coatings, specialty and sack Kraft papers, containerboards, and office and professional printing papers. The company serves agriculture, automotive, building and construction, chemicals and dangerous goods, food and beverages, graphic and photographic, home and personal care, medical and pharmaceutical, office and professional printing, paper and packaging converting, pet care, retail and e-commerce, and shipping and transportation industries. Mondi Limited was founded in 1967 and is based in Johannesburg, South Africa.

Details
Name: Mondi Limited
BTKC
Exchange: DB
Founded: 1967
ZAR9,612,326,600
483,967,992
Website: http://www.mondigroup.com
Address: Mondi Limited
Melrose Arch,
4th Floor,
Johannesburg,
Gauteng, 2196,
South Africa
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
JSE MND LTD Ordinary Shares The Johannesburg Securities Exchange ZA ZAR 02. Jul 2007
OTCPK MODL.F LTD Ordinary Shares Pink Sheets LLC US USD 02. Jul 2007
DB BTKC LTD Ordinary Shares Deutsche Boerse AG DE EUR 02. Jul 2007
Number of employees
Current staff
Staff numbers
26,176
Mondi employees.
Industry
Paper Products
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/30 21:09
End of day share price update: 2019/07/23 00:00
Last estimates confirmation: 2019/07/25
Last earnings filing: 2019/03/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.