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Maintel Holdings

AIM:MAI
Snowflake Description

Good value average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MAI
AIM
£61M
Market Cap
  1. Home
  2. GB
  3. Commercial Services
Company description

Maintel Holdings Plc, through its subsidiaries, provides managed communications services for the private and public sectors in the United Kingdom and Ireland. The last earnings update was 75 days ago. More info.


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MAI Share Price and Events
7 Day Returns
0%
AIM:MAI
0.8%
GB Commercial Services
-0.4%
GB Market
1 Year Returns
-28.9%
AIM:MAI
17.6%
GB Commercial Services
4.5%
GB Market
MAI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Maintel Holdings (MAI) 0% 0% -2.3% -28.9% -51.7% -32%
GB Commercial Services 0.8% 1.4% 5.6% 17.6% 13.7% 10.6%
GB Market -0.4% 1.7% 4.7% 4.5% 6.9% 2.9%
1 Year Return vs Industry and Market
  • MAI underperformed the Commercial Services industry which returned 17.6% over the past year.
  • MAI underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 4.5% over the past year.
Price Volatility
MAI
Industry
5yr Volatility vs Market

MAI Value

 Is Maintel Holdings 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 Maintel Holdings 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 Maintel Holdings.

AIM:MAI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.3%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

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 AIM:MAI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.66
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.66 (1 + (1- 19%) (39.17%))
0.913
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.91
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.913 * 6.65%)
7.3%

Discounted Cash Flow Calculation for AIM:MAI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Maintel Holdings 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.

AIM:MAI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 7.3%)
2020 9.60 Analyst x1 8.95
2021 9.95 Est @ 3.63% 8.64
2022 10.24 Est @ 2.91% 8.29
2023 10.48 Est @ 2.4% 7.91
2024 10.70 Est @ 2.05% 7.52
2025 10.89 Est @ 1.8% 7.14
2026 11.07 Est @ 1.63% 6.76
2027 11.24 Est @ 1.51% 6.40
2028 11.40 Est @ 1.42% 6.05
2029 11.55 Est @ 1.37% 5.71
Present value of next 10 years cash flows £73.00
AIM:MAI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £11.55 × (1 + 1.23%) ÷ (7.3% – 1.23%)
£192.66
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £192.66 ÷ (1 + 7.3%)10
£95.26
AIM:MAI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £73.00 + £95.26
£168.26
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £168.26 / 14.29
£11.77
AIM:MAI Discount to Share Price
Calculation Result
Value per share (GBP) From above. £11.77
Current discount Discount to share price of £4.30
= -1 x (£4.30 - £11.77) / £11.77
63.5%

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

Current Discount
Amount off the current price Maintel Holdings is available for.
Intrinsic value
>50%
Share price is £4.3 vs Future cash flow value of £11.77
Current Discount Checks
For Maintel Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Maintel Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Maintel Holdings's share price is below the future cash flow value, and 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 Maintel Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Maintel Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:MAI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in GBP £0.28
AIM:MAI Share Price ** AIM (2019-11-15) in GBP £4.3
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry PE Ratio Median Figure of 24 Publicly-Listed Commercial Services Companies 18.65x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 751 Publicly-Listed Companies 17.16x

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

** Primary Listing of Maintel Holdings.

AIM:MAI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:MAI Share Price ÷ EPS (both in GBP)

= 4.3 ÷ 0.28

15.59x

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

  • Maintel Holdings is good value based on earnings compared to the GB Commercial Services industry average.
  • Maintel Holdings is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Maintel Holdings's expected growth come at a high price?
Raw Data
AIM:MAI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-0.4%per year
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry PEG Ratio Median Figure of 19 Publicly-Listed Commercial Services Companies 1.21x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 558 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

AIM:MAI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.59x ÷ -0.4%

-37.43x

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

  • Maintel Holdings earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Maintel Holdings's assets?
Raw Data
AIM:MAI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in GBP £1.51
AIM:MAI Share Price * AIM (2019-11-15) in GBP £4.3
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry PB Ratio Median Figure of 31 Publicly-Listed Commercial Services Companies 1.79x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,305 Publicly-Listed Companies 1.52x
AIM:MAI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:MAI Share Price ÷ Book Value per Share (both in GBP)

= 4.3 ÷ 1.51

2.84x

* Primary Listing of Maintel Holdings.

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

  • Maintel Holdings is overvalued based on assets compared to the GB Commercial Services industry average.
X
Value checks
We assess Maintel Holdings'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 Commercial Services 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 Commercial Services industry average (and greater than 0)? (1 check)
  5. Maintel Holdings has a total score of 4/6, 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.

MAI Future Performance

 How is Maintel Holdings expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
-0.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Maintel Holdings expected to grow at an attractive rate?
  • Maintel Holdings's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Maintel Holdings's earnings are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
  • Maintel Holdings's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:MAI Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:MAI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -0.4%
AIM:MAI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 1.2%
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 15.9%
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 12.6%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*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
AIM:MAI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:MAI Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 137 14 4 1
2019-12-31 134 12 3 1
2019-11-16
AIM:MAI Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-06-30 134 11 4
2019-03-31 135 10 3
2018-12-31 136 9 2
2018-09-30 136 9 1
2018-06-30 135 9 0
2018-03-31 131 7 1
2017-12-31 127 4 2
2017-09-30 128 7 3
2017-06-30 128 9 4
2017-03-31 118 10 3
2016-12-31 108 11 2
2016-09-30 86 10 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Maintel Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Maintel Holdings's revenue is expected to grow by 1.2% 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
AIM:MAI 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 1 Analyst Estimates (S&P Global) See Below

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

AIM:MAI Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.26 0.26 0.26 1.00
2019-12-31 0.20 0.20 0.20 1.00
2019-11-16
AIM:MAI Past Financials Data
Date (Data in GBP Millions) EPS *
2019-06-30 0.28
2019-03-31 0.21
2018-12-31 0.14
2018-09-30 0.08
2018-06-30 0.02
2018-03-31 0.06
2017-12-31 0.11
2017-09-30 0.19
2017-06-30 0.28
2017-03-31 0.22
2016-12-31 0.16
2016-09-30 0.14

*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.
  • Unable to establish if Maintel Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Maintel Holdings'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Maintel Holdings has a total score of 0/6, 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.

MAI Past Performance

  How has Maintel Holdings 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 Maintel Holdings's growth in the last year to its industry (Commercial Services).
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.
  • Maintel Holdings's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Maintel Holdings's 1-year earnings growth exceeds its 5-year average (1415.1% vs -8.7%)
  • Maintel Holdings's earnings growth has exceeded the GB Commercial Services industry average in the past year (1415.1% vs 14.9%).
Earnings and Revenue History
Maintel Holdings'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 Maintel Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MAI Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 134.43 3.92 27.68
2019-03-31 135.44 2.98 27.82
2018-12-31 136.46 2.04 27.96
2018-09-30 135.78 1.15 27.89
2018-06-30 135.10 0.26 27.83
2018-03-31 130.94 0.90 27.40
2017-12-31 126.78 1.54 26.97
2017-09-30 127.96 2.70 26.98
2017-06-30 128.46 3.99 26.90
2017-03-31 118.38 3.04 24.98
2016-12-31 108.30 2.09 23.06
2016-09-30 86.11 1.69 18.79
2016-06-30 63.93 1.29 14.51
2016-03-31 57.28 2.69 13.02
2015-12-31 50.62 4.08 11.53
2015-09-30 48.30 3.58 11.23
2015-06-30 45.98 3.08 10.94
2015-03-31 43.93 3.01 10.16
2014-12-31 41.89 2.94 9.38
2014-09-30 40.06 2.87 8.76
2014-06-30 38.22 2.80 8.14
2014-03-31 34.67 2.73 7.24
2013-12-31 31.12 2.67 6.34
2013-09-30 29.69 2.43 5.84
2013-06-30 28.25 2.19 5.35
2013-03-31 28.21 1.28 5.40
2012-12-31 28.17 0.36 5.44

*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.
  • Maintel Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Maintel Holdings used its assets less efficiently than the GB Commercial Services industry average last year based on Return on Assets.
  • Maintel Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Maintel Holdings'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 Commercial Services 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.
Maintel Holdings has a total score of 3/6, 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.

MAI Health

 How is Maintel Holdings'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 Maintel Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Maintel Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Maintel Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Maintel Holdings'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.5x 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 Maintel Holdings Company Filings, last reported 4 months ago.

AIM:MAI Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 21.57 24.07
2019-03-31 21.57 24.07
2018-12-31 21.98 25.28
2018-09-30 21.98 25.28
2018-06-30 21.49 30.75 4.87
2018-03-31 21.49 30.75 4.87
2017-12-31 24.50 30.71 3.31
2017-09-30 27.06 30.71 3.31
2017-06-30 28.49 24.72 0.81
2017-03-31 28.49 24.72 0.81
2016-12-31 28.25 30.69 10.88
2016-09-30 28.25 30.69 10.88
2016-06-30 27.00 30.65 3.94
2016-03-31 27.00 30.65 3.94
2015-12-31 6.56 6.00 2.78
2015-09-30 6.56 6.00 2.78
2015-06-30 5.68 9.20 0.35
2015-03-31 5.68 9.20 0.35
2014-12-31 5.00 10.00 3.35
2014-09-30 5.00 10.00 3.35
2014-06-30 4.62 1.25 0.97
2014-03-31 4.62 1.25 0.97
2013-12-31 3.88 2.75 0.54
2013-09-30 3.88 2.75 0.54
2013-06-30 3.46 0.00 0.71
2013-03-31 3.46 0.00 0.71
2012-12-31 2.71 0.00 1.94
  • Maintel Holdings's level of debt (111.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (29.1% vs 111.6% today).
  • Debt is well covered by operating cash flow (44.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.2x coverage).
X
Financial health checks
We assess Maintel Holdings'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. Maintel Holdings has a total score of 3/6, 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.

MAI Dividends

 What is Maintel Holdings'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
8.02%
Current annual income from Maintel Holdings dividends. Estimated to be 8.35% next year.
If you bought £2,000 of Maintel Holdings shares you are expected to receive £160 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?
  • Maintel Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.97%).
  • Maintel Holdings's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.34%).
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
AIM:MAI 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 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 2.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 680 Stocks 4.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

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

AIM:MAI Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.37 1.00
2019-12-31 0.35 1.00
2019-11-16
AIM:MAI Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-04-11 0.345 7.780
2019-03-18 0.345 6.364
2018-03-19 0.338 5.345
2018-03-16 0.338 4.128
2017-04-20 0.308 3.819
2017-03-20 0.308 3.137
2016-02-25 0.330 3.725
2015-09-08 0.256 3.452
2015-03-23 0.232 3.506
2015-03-09 0.232 3.402
2014-03-24 0.157 2.823
2014-03-10 0.157 2.805
2013-03-11 0.146 3.733
2012-09-10 0.126 3.654
2012-03-26 0.106 2.899
2012-03-12 0.106 2.757
2011-03-25 0.085 3.402
2011-03-11 0.085 4.231
2010-03-04 0.082 4.718
2010-03-01 0.082 5.942
2009-03-16 0.056 4.732

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Maintel Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.8x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Maintel Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Maintel Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Maintel Holdings 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.

MAI Management

 What is the CEO of Maintel Holdings'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
Loan MacRae
AGE 46
TENURE AS CEO 0.1 years
CEO Bio

Mr. Loan Griffith MacRae serves as Chief Executive Officer at Maintel Holdings Plc sionce October 14, 2019. He was Managing Director for the UK and Ireland of Avaya, a global leader in communications and has held a number of senior leadership positions in the industry both within the UK and internationally. He has considerable experience in leading businesses through periods of sustained growth. He currently has no other directorships but in the last five years has been a director of Avaya UK and Avaya UK Holdings Limited.

CEO Compensation
  • Insufficient data for Loan to compare compensation growth.
  • Insufficient data for Loan to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Maintel Holdings management team in years:

0.8
Average Tenure
53
Average Age
  • The average tenure for the Maintel Holdings management team is less than 2 years, this suggests a new team.
Management Team

Mark Townsend

TITLE
CFO & Executive Director
COMPENSATION
£192K
AGE
55
TENURE
3.6 yrs

Kevin Stevens

TITLE
Chief Operating Officer
COMPENSATION
£171K
AGE
53
TENURE
5.8 yrs

Stuart Legg

TITLE
Group Sales & Marketing Director and Executive Director
COMPENSATION
£319K
TENURE
4.9 yrs

Loan MacRae

TITLE
Chief Executive Officer
AGE
46
TENURE
0.1 yrs

Rufus Grig

TITLE
Chief Technology & Strategy Officer

Ash McDonagh

TITLE
Head of Learning & Development
TENURE
0.8 yrs

Tim Hiscox

TITLE
Head of Digital Workplace
TENURE
0.2 yrs

Derek Lewis

TITLE
Head of Customer Experience
AGE
72
TENURE
0.2 yrs

Mike Gatty

TITLE
Head of Secure Connectivity
TENURE
0.2 yrs

Darren Boyce

TITLE
Consultant
AGE
51
TENURE
4 yrs
Board of Directors Tenure

Average tenure and age of the Maintel Holdings board of directors in years:

9.8
Average Tenure
54
Average Age
  • The tenure for the Maintel Holdings board of directors is about average.
Board of Directors

John David Booth

TITLE
Non-Executive Chairman
COMPENSATION
£48K
AGE
60
TENURE
23.8 yrs

Mark Townsend

TITLE
CFO & Executive Director
COMPENSATION
£192K
AGE
55
TENURE
3.6 yrs

Kevin Stevens

TITLE
Chief Operating Officer
COMPENSATION
£171K
AGE
53
TENURE
5.8 yrs

Stuart Legg

TITLE
Group Sales & Marketing Director and Executive Director
COMPENSATION
£319K
TENURE
3.6 yrs

Nicholas Taylor

TITLE
Non-Executive Director
COMPENSATION
£35K
AGE
52
TENURE
13.8 yrs

Annette Nabavi

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£35K
AGE
66

Angus McCaffery

TITLE
Non-Executive Director
COMPENSATION
£114K
AGE
52
TENURE
23.4 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 (£)
03. Dec 18 Buy Nicholas Taylor Individual 30. Nov 18 30. Nov 18 942 £5.30 £4,993
X
Management checks
We assess Maintel Holdings'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. Maintel Holdings 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.

MAI News

Simply Wall St News

Maintel Holdings Plc (LON:MAI): Has Recent Earnings Growth Beaten Long-Term Trend?

View our latest analysis for Maintel Holdings Did MAI beat its long-term earnings growth trend and its industry? … Let's take a look at whether it is only owing to an industry uplift, or if Maintel Holdings has experienced some company-specific growth. … I recommend you continue to research Maintel Holdings to get a more holistic view of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for MAI’s future growth?

Simply Wall St -

Maintel Holdings Plc (LON:MAI) Investors Should Think About This Before Buying It For Its Dividend

Could Maintel Holdings Plc (LON:MAI) be an attractive dividend share to own for the long haul? … With Maintel Holdings yielding 7.7% and having paid a dividend for over 10 years, many investors likely find the company quite interesting. … Click the interactive chart for our full dividend analysis AIM:MAI Historical Dividend Yield, August 13th 2019 Payout ratios Companies (usually) pay dividends out of their earnings. If a company is paying more than it earns, the dividend might have to be cut. So we need to form a view on if a company's dividend is sustainable, relative to its net profit after tax. In the last year, Maintel Holdings paid out 240% of its profit as dividends. Unless there are extenuating circumstances, from the perspective of an investor who hopes to own the company for many years, a payout ratio of above 100% is definitely a concern. In addition to comparing dividends against profits, we should inspect whether the company generated enough cash to pay its dividend. Maintel Holdings paid out 70% of its free cash flow last year, which is acceptable, but is starting to limit the amount of earnings that can be reinvested into the business. It's good to see that while Maintel Holdings's dividends were not covered by profits, at least they are affordable from a cash perspective. Still, if the company repeatedly paid a dividend greater than its profits, we'd be concerned. Extraordinarily few companies are capable of persistently paying a dividend that is greater than their profits. Is Maintel Holdings's Balance Sheet Risky? As Maintel Holdings's dividend was not well covered by earnings, we need to check its balance sheet for signs of financial distress. A rough way to check this is with these two simple ratios: a) net debt divided by EBITDA (earnings before interest, tax, depreciation and amortisation), and b) net interest cover.

Simply Wall St -

Do You Know About Maintel Holdings Plc’s (LON:MAI) ROCE?

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Maintel Holdings: 0.10 = UK£5.2m ÷ (UK£114m - UK£63m) (Based on the trailing twelve months to December 2018.) So, Maintel Holdings has an ROCE of 10%. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise. … What We Can Learn From Maintel Holdings's ROCE While its ROCE looks decent, it wouldn't look so good if it reduced current liabilities.

Simply Wall St -

Why Maintel Holdings Plc's (LON:MAI) High P/E Ratio Isn't Necessarily A Bad Thing

The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Maintel Holdings: P/E of 31.01 = £4.46 ÷ £0.14 (Based on the year to December 2018.) Is A High Price-to-Earnings Ratio Good? … AIM:MAI Price Estimation Relative to Market, July 20th 2019 Its relatively high P/E ratio indicates that Maintel Holdings shareholders think it will perform better than other companies in its industry classification. … The Verdict On Maintel Holdings's P/E Ratio Maintel Holdings trades on a P/E ratio of 31, which is above its market average of 16.3.

Simply Wall St -

Is Maintel Holdings (LON:MAI) Using Too Much Debt?

AIM:MAI Historical Debt, July 8th 2019 How Strong Is Maintel Holdings's Balance Sheet? … Either way, since Maintel Holdings does have more debt than cash, it's worth keeping an eye on its balance sheet. … Our View Both Maintel Holdings's ability to to convert EBIT to free cash flow and its EBIT growth rate gave us comfort that it can handle its debt.

Simply Wall St -

Maintel Holdings Plc (LON:MAI) Has Attractive Fundamentals

In the case of MAI, it is a company with a an impressive history of dividend payments as well as an optimistic growth outlook. … For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Maintel Holdings here. … Established dividend payer with reasonable growth potential One reason why investors are attracted to MAI is its earnings growth potential in the near future of 44% underlying the notable 51% return on equity over the next few years leading up to 2022.

Simply Wall St -

The Maintel Holdings (LON:MAI) Share Price Is Down 51% So Some Shareholders Are Wishing They Sold

We regret to report that long term Maintel Holdings Plc (LON:MAI) shareholders have had that experience, with the share price dropping 51% in three years, versus a market return of about 37%. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … This suggests that the market retains some optimism around long term earnings stability, despite past EPS declines.

Simply Wall St -

Is Maintel Holdings Plc's (LON:MAI) CEO Overpaid Relative To Its Peers?

View our latest analysis for Maintel Holdings How Does Eddie Buxton's Compensation Compare With Similar Sized Companies? … The graphic below shows how CEO compensation at Maintel Holdings has changed from year to year. … Over the last three years Maintel Holdings Plc has shrunk its earnings per share by an average of 27% per year (measured with a line of best fit).

Simply Wall St -

Was Maintel Holdings Plc's (LON:MAI) Earnings Growth Better Than The Industry's?

Well, let’s take a look at if it is only because of an industry uplift, or if Maintel Holdings has experienced some company-specific growth. … Furthermore, its return on assets (ROA) of 2.9% is below the GB Commercial Services industry of 5.3%, indicating Maintel Holdings's are utilized less efficiently. … You should continue to research Maintel Holdings to get a more holistic view of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for MAI’s future growth?

Simply Wall St -

Maintel Holdings Plc (LON:MAI) Has A ROE Of 9.3%

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows Maintel Holdings has a return on equity of 9.3% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

MAI Company Info

Description

Maintel Holdings Plc, through its subsidiaries, provides managed communications services for the private and public sectors in the United Kingdom and Ireland. It operates through three segments: Telecommunications Managed Service and Technology Sales, Telecommunications Network Services, and Mobile Services. The company’s digital workplace provides unified communications, meeting technology, collaboration services, mobile devices and services, document management, and digital print management. It also offers a portfolio of connectivity and communications services, including managed MPLS networks, security as a service, Internet access services, SIP telephony services, inbound and outbound telephone calls and hosted IP telephony solutions. In addition, the company provides value added services, such as mobile fleet management and mobile device management. Maintel Holdings Plc was founded in 1991 and is headquartered in London, the United Kingdom.

Details
Name: Maintel Holdings Plc
MAI
Exchange: AIM
Founded: 1991
£61,464,415
14,294,050
Website: http://www.maintel.co.uk
Address: Maintel Holdings Plc
160 Blackfriars Road,
Southwark,
London,
Greater London, SE1 8EZ,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM MAI Ordinary Shares London Stock Exchange AIM Market GB GBP 20. Dec 2004
Number of employees
Current staff
Staff numbers
624
Maintel Holdings employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/16 20:34
End of day share price update: 2019/11/15 00:00
Last estimates confirmation: 2019/09/02
Last earnings filing: 2019/09/02
Last earnings reported: 2019/06/30
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.