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Management Resource Solutions

AIM:MRS
Snowflake Description

Undervalued with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MRS
AIM
£6M
Market Cap
  1. Home
  2. GB
  3. Commercial Services
Company description

Management Resource Solutions PLC provides support services for the mining and construction sectors in Australia and Papua New Guinea. The last earnings update was 261 days ago. More info.


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MRS Share Price and Events
7 Day Returns
0%
AIM:MRS
0.8%
GB Commercial Services
-0.4%
GB Market
1 Year Returns
-56.8%
AIM:MRS
17.6%
GB Commercial Services
4.5%
GB Market
MRS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Management Resource Solutions (MRS) 0% 0% 0% -56.8% -83.1% -
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
  • MRS underperformed the Commercial Services industry which returned 17.6% over the past year.
  • MRS underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 4.5% over the past year.
Price Volatility
MRS
Industry
5yr Volatility vs Market

MRS Value

 Is Management Resource Solutions 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 Management Resource Solutions 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 Management Resource Solutions.

AIM:MRS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 11.1%
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:MRS
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%) (198.93%))
1.485
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.49
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.485 * 6.65%)
11.1%

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

The calculations below outline how an intrinsic value for Management Resource Solutions 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:MRS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 11.1%)
2020 9.73 Est @ 38.92% 8.76
2021 12.42 Est @ 27.62% 10.06
2022 14.86 Est @ 19.7% 10.84
2023 16.96 Est @ 14.16% 11.13
2024 18.71 Est @ 10.28% 11.05
2025 20.12 Est @ 7.56% 10.70
2026 21.26 Est @ 5.66% 10.17
2027 22.18 Est @ 4.33% 9.55
2028 22.94 Est @ 3.4% 8.89
2029 23.57 Est @ 2.75% 8.22
Present value of next 10 years cash flows A$99.00
AIM:MRS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= A$23.57 × (1 + 1.23%) ÷ (11.1% – 1.23%)
A$241.54
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$241.54 ÷ (1 + 11.1%)10
A$84.27
AIM:MRS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$99.00 + A$84.27
A$183.27
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$183.27 / 223.35
A$0.82
AIM:MRS Discount to Share Price
Calculation Result
Exchange Rate AUD/GBP
(Reporting currency to currency of AIM:MRS)
0.528
Value per Share
(GBP)
= Value per Share in AUD x Exchange Rate (AUD/GBP)
= A$0.82 x 0.528
£0.43
Value per share (GBP) From above. £0.43
Current discount Discount to share price of £0.03
= -1 x (£0.03 - £0.43) / £0.43
94.1%

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

Current Discount
Amount off the current price Management Resource Solutions is available for.
Intrinsic value
>50%
Share price is £0.0255 vs Future cash flow value of £0.43331
Current Discount Checks
For Management Resource Solutions to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Management Resource Solutions's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Management Resource Solutions'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 Management Resource Solutions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Management Resource Solutions's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:MRS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.03
AIM:MRS Share Price ** AIM (2019-09-04) in GBP £0.03
AIM:MRS Share Price converted to AUD reporting currency Exchange rate (GBP/ AUD) 1.894 A$0.05
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 Management Resource Solutions.

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

= AIM:MRS Share Price ÷ EPS (both in AUD)

= 0.05 ÷ 0.03

1.65x

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

  • Management Resource Solutions is good value based on earnings compared to the GB Commercial Services industry average.
  • Management Resource Solutions is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Management Resource Solutions's expected growth come at a high price?
Raw Data
AIM:MRS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 1.65x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
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 .

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

  • Unable to calculate PEG ratio for Management Resource Solutions, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Management Resource Solutions's assets?
Raw Data
AIM:MRS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.08
AIM:MRS Share Price * AIM (2019-09-04) in GBP £0.03
AIM:MRS Share Price converted to AUD reporting currency Exchange rate (GBP/ AUD) 1.894 A$0.05
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:MRS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:MRS Share Price ÷ Book Value per Share (both in AUD)

= 0.05 ÷ 0.08

0.64x

* Primary Listing of Management Resource Solutions.

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

  • Management Resource Solutions is good value based on assets compared to the GB Commercial Services industry average.
X
Value checks
We assess Management Resource Solutions'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. Management Resource Solutions has a total score of 5/6, 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.

MRS Future Performance

 How is Management Resource Solutions expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Management Resource Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
15.9%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Management Resource Solutions expected to grow at an attractive rate?
  • Unable to compare Management Resource Solutions's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Management Resource Solutions's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Management Resource Solutions's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:MRS Future Growth Rates Data Sources
Data Point Source Value (per year)
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:MRS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:MRS Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
AIM:MRS Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 70 17 6
2018-09-30 70 14 5
2018-06-30 69 12 5
2017-12-31 65 -13 -7
2017-09-30 59 -16 -9
2017-06-30 52 -20 -11
2016-12-31 28 -2 -1
2016-09-30 21 -1 1
2016-06-30 13 0 2
2016-03-31 19 -1 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Management Resource Solutions is high growth as no earnings estimate data is available.
  • Unable to determine if Management Resource Solutions is high growth as no revenue estimate data is available.
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:MRS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Management Resource Solutions Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MRS Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
AIM:MRS Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.03
2018-09-30 0.03
2018-06-30 0.03
2017-12-31 -0.05
2017-09-30 -0.08
2017-06-30 -0.13
2016-12-31 -0.01
2016-09-30 0.01
2016-06-30 0.05
2016-03-31 -0.13

*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 Management Resource Solutions will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Management Resource Solutions is trading at Management Resource Solutions'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Management Resource Solutions's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Management Resource Solutions's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Management Resource Solutions'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.
Management Resource Solutions 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.

MRS Past Performance

  How has Management Resource Solutions performed over the past 5 years?

  • Management Resource Solutions's last earnings update was 261 days ago.
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 Management Resource Solutions'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.
  • Management Resource Solutions's year on year earnings growth rate has been positive over the past 5 years.
  • Management Resource Solutions has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Management Resource Solutions has become profitable in the last year making it difficult to compare the GB Commercial Services industry average.
Earnings and Revenue History
Management Resource Solutions'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 Management Resource Solutions Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MRS Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 70.34 5.54 16.15
2018-09-30 69.71 5.48 15.29
2018-06-30 69.08 5.42 14.42
2017-12-31 65.28 -6.98 25.08
2017-09-30 58.82 -9.05 22.70
2017-06-30 52.36 -11.11 20.31
2016-12-31 27.76 -0.50 3.20
2016-09-30 20.54 0.55 3.10
2016-06-30 13.32 1.61 2.99
2016-03-31 18.56 -4.26 3.12
2015-12-31 11.88 -1.66 0.91
2015-09-30 14.48 -1.65 1.77
2015-06-30 17.09 -1.65 2.63
2015-03-31 17.01 -0.59 2.65
2014-12-31 16.93 0.47 2.66
2014-09-30 13.71 0.26 2.39
2014-06-30 10.49 0.05 2.13
2014-03-31 9.52 0.09 3.36
2013-12-31 8.55 0.13 4.59
2013-09-30 7.88 0.18 4.65
2013-06-30 7.21 0.23 4.70
2013-03-31 7.63 0.36 10.12
2012-12-31 7.71 0.61 9.48

*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.
  • Management Resource Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Management Resource Solutions used its assets more efficiently than the GB Commercial Services industry average last year based on Return on Assets.
  • Management Resource Solutions has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Management Resource Solutions'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.
Management Resource Solutions 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.

MRS Health

 How is Management Resource Solutions'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 Management Resource Solutions's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Management Resource Solutions's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Management Resource Solutions's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Management Resource Solutions'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 1.3x 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 Management Resource Solutions Company Filings, last reported 10 months ago.

AIM:MRS Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 14.79 14.15 0.77
2018-09-30 14.79 14.15 0.77
2018-06-30 10.28 13.56 0.05
2017-12-31 6.99 17.74 2.17
2017-09-30 6.99 17.74 2.17
2017-06-30 3.72 11.26 2.03
2016-12-31 -2.51 14.38 1.15
2016-09-30 -2.51 14.38 1.15
2016-06-30 -2.83 11.77 0.89
2016-03-31 -5.16 10.31 0.95
2015-12-31 1.64 0.00 0.72
2015-09-30 1.64 0.00 0.72
2015-06-30 1.13 0.32 0.92
2015-03-31 1.13 0.32 0.92
2014-12-31 3.07 0.00 2.11
2014-09-30 3.07 0.00 2.11
2014-06-30 1.25 0.32 1.06
2014-03-31 1.25 0.32 1.06
2013-12-31 1.30 0.00 0.10
2013-09-30 1.30 0.00 0.10
2013-06-30 1.20 0.00 0.75
2013-03-31 1.20 0.00 0.75
2012-12-31 1.34 0.03 0.79
  • Management Resource Solutions's level of debt (95.6%) compared to net worth is high (greater than 40%).
  • Management Resource Solutions had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
  • Debt is well covered by operating cash flow (119.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.3x coverage).
X
Financial health checks
We assess Management Resource Solutions'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. Management Resource Solutions 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.

MRS Dividends

 What is Management Resource Solutions'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
0%
Current annual income from Management Resource Solutions dividends.
If you bought £2,000 of Management Resource Solutions shares you are expected to receive £0 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?
  • Unable to evaluate Management Resource Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Management Resource Solutions's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:MRS 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 0 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:MRS Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
AIM:MRS Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2017-05-05 0.000 0.000
2016-03-15 0.000 0.000
2016-01-11 0.000 0.000
2015-02-27 0.014 8.501
2014-12-11 0.000 0.000

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

  • Unable to perform a dividend volatility check as Management Resource Solutions has not reported any payouts.
  • Unable to verify if Management Resource Solutions's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Management Resource Solutions's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Management Resource Solutions has not reported any payouts.
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 Management Resource Solutions'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 Management Resource Solutions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Management Resource Solutions has a total score of 0/6, see the detailed checks below.


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

MRS Management

 What is the CEO of Management Resource Solutions'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
Paul Brenton
COMPENSATION A$467,768
AGE 42
TENURE AS CEO 1.9 years
CEO Bio

Mr. Paul E. Brenton, B.Comm, CPA, MAICD, has been the Chief Executive Officer and Director of Management Resource Solutions plc since December 21, 2017. Mr. Brenton has been the Chief Financial Officer at Hughes Drilling Limited since August 9, 2010. Mr. Brenton joined Hughes Drilling in 2010 and has 20 years experience in accounting, corporate finance and commerce. Prior to Hughes Drilling, he served as Chief Financial Officer of Buildev Group and was responsible for the group's internal and external reporting, management of finance, insurance and IT whilst ensuring control and reporting systems were timely and accurate. He served as the Chief Financial Officer and Company Secretary of Every Day Mine Services Limited since August 2010. He started his career at PricewaterhouseCoopers working across a range of business sectors and industries. He was also employed at PricewaterhouseCoopers London Office. He holds or has held the following directorships or partnerships in the past five years: Hughes Drilling 1 Pty Ltd, Hughes Drilling 2 Pty Ltd, Hughes Drilling Corporate Pty Ltd, Hughes Drilling Equipment Hire Pty Ltd, JSW Australia Pty Ltd, HD JSW Pty Ltd, Reichdrill Australia Pty Ltd, Express Hydraulics (Aust) Pty Ltd, Hyd-elec Australia Pty Ltd, EDMS Metals Pty Ltd, Every Day Mine Services Operations Pty Ltd, GOS Drilling Pty Ltd, Australia Gas Drilling Pty Ltd, Reichdrill Inc and Hunter Edward Accounting Services Pty Ltd. Mr. Brenton is a Member of the Certified Practicing Accountants of Australia.

CEO Compensation
  • Insufficient data for Paul to compare compensation growth.
  • Paul's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Management Resource Solutions management team in years:

2.3
Average Tenure
70
Average Age
  • The tenure for the Management Resource Solutions management team is about average.
Management Team

Paul Brenton

TITLE
CEO & Director
COMPENSATION
A$468K
AGE
42
TENURE
1.9 yrs

Tim Jones

TITLE
Finance Director
COMPENSATION
A$218K
AGE
70

Jonathon McTaggart

TITLE
Chief Operating Officer of MRS Services Group
TENURE
2.3 yrs

Murray d'Almeida

TITLE
Consultant
COMPENSATION
A$349K
AGE
70
TENURE
2.7 yrs
Board of Directors

John Zorbas

TITLE
Chairman
COMPENSATION
A$98K
AGE
48

Paul Brenton

TITLE
CEO & Director
COMPENSATION
A$468K
AGE
42
TENURE
1.9 yrs

Tim Jones

TITLE
Finance Director
COMPENSATION
A$218K
AGE
70

Robert Hackett

TITLE
Non-Executive Director
AGE
64
TENURE
0.4 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. Apr 19 Buy John Zorbas Individual 01. Apr 19 02. Apr 19 4,450,000 £0.03 £109,910
X
Management checks
We assess Management Resource Solutions'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. Management Resource Solutions 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.

MRS News

Simply Wall St News

Should You Like Management Resource Solutions PLC’s (LON:MRS) High Return On Capital Employed?

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 Management Resource Solutions: 0.49 = AU$9.7m ÷ (AU$56m - AU$36m) (Based on the trailing twelve months to December 2018.) Therefore, Management Resource Solutions has an ROCE of 49%. … Management Resource Solutions's Current Liabilities And Their Impact On Its ROCE Short term (or current) liabilities, are things like supplier invoices, overdrafts, or tax bills that need to be paid within 12 months. … Management Resource Solutions boasts an attractive ROCE, even after considering the boost from high current liabilities.

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Here's Why Management Resource Solutions (LON:MRS) Is Weighed Down By Its Debt Load

We note that Management Resource Solutions PLC (LON:MRS) does have debt on its balance sheet. … Check out our latest analysis for Management Resource Solutions What Is Management Resource Solutions's Net Debt? … Because it carries more debt than cash, we think it's worth watching Management Resource Solutions's balance sheet over time.

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What You Should Know About Management Resource Solutions PLC's (LON:MRS) Financial Strength

Moreover, MRS has generated AU$17m in operating cash flow over the same time period, resulting in an operating cash to total debt ratio of 79%, signalling that MRS’s debt is appropriately covered by operating cash. … We can check to see whether MRS is able to meet its debt obligations by looking at the net interest coverage ratio. … Next Steps: Although MRS’s debt level is towards the higher end of the spectrum, its cash flow coverage seems adequate to meet debt obligations which means its debt is being efficiently utilised.

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Some Management Resource Solutions (LON:MRS) Shareholders Have Copped A Big 69% Share Price Drop

Management Resource Solutions PLC (LON:MRS) has rebounded strongly over the last week, with the share price soaring 35%. … Tragically, the share price declined 69% in that time. … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

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Is Management Resource Solutions PLC’s (LON:MRS) 50% ROCE Any Good?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Finally, we'll look at how its current liabilities affect its ROCE. … Return On Capital Employed (ROCE): What is it?

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Boasting A 53% Return On Equity, Is Management Resource Solutions PLC (LON:MRS) A Top Quality Stock?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … To keep the lesson grounded in practicality, we'll use ROE to better understand Management Resource Solutions PLC (LON:MRS). … Over the last twelve months Management Resource Solutions has recorded a ROE of 53%.

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Who Are The Major Shareholders Of Management Resource Solutions PLC (LON:MRS)?

Today, I will be analyzing Management Resource Solutions PLC’s (LON:MRS) recent ownership structure, an important but not-so-popular subject among individual investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Therefore, it is beneficial for us to examine MRS's ownership structure in more detail.

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Who Owns Management Resource Solutions PLC (LON:MRS)?

Insider Ownership Another important group of shareholders are company insiders. … Private Company Ownership Potential investors in MRS should also look at another important group of investors: private companies, with a stake of 15.08%, who are primarily invested because of strategic and capital gain interests. … Thus, investors should dig deeper into MRS's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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Should You Worry About Management Resource Solutions PLC's (LON:MRS) Cash Runway?

Looking at Management Resource Solutions’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … Check out our latest analysis for Management Resource Solutions What is cash burn? … Not surprisingly, if Management Resource Solutions continues to ramp up expenditure at this rate for the upcoming year, it’ll likely need to come to market within the next few months, given the its current level of cash reserves.

Simply Wall St -

Is Management Resource Solutions PLC's (LON:MRS) Balance Sheet Strong Enough To Weather A Storm?

How does MRS’s operating cash flow stack up against its debt? … With this growth in debt, the current cash and short-term investment levels stands at AU$2.03M for investing into the business. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look.

Simply Wall St -

MRS Company Info

Description

Management Resource Solutions PLC provides support services for the mining and construction sectors in Australia and Papua New Guinea. The company’s maintenance support services include structural repair and fabrication services to mining equipment, components, and machinery; mechanical services, including machine rebuild, machine repairs, and diagnostic monitoring of heavy to light machinery in the heavy construction and mining industries; automotive related services; mobile services, such as field, industrial, line boring, and liquid nitrogen services; and electrical services. Its mining support services cover mine rehabilitation, such as mine site rehabilitation, environmental services, and landscaping and yard maintenance; mine services comprising CHPP maintenance services, dam desilting and drain construction, and road maintenance; wet and dry plant hire services, including wet and dry hire equipment and float hire; industrial services, such as mining plant on site wash-downs, industrial painting, and sand blasting; and poly and water reticulation services comprising poly and water management, and poly welding. The company also provides civil support services, which include wet plant hire solutions. It serves mining, civil, engineering, construction, and infrastructure industries. Management Resource Solutions PLC was founded in 2007 and is based in Reading, the United Kingdom.

Details
Name: Management Resource Solutions PLC
MRS
Exchange: AIM
Founded: 2007
£5,695,323
223,346,002
Website: http://www.mrsplc.net
Address: Management Resource Solutions PLC
Reading Bridge House,
George Street,
Reading,
Berkshire, RG1 8LS,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM MRS Ordinary Shares London Stock Exchange AIM Market GB GBP 06. Mar 2013
Number of employees
Current staff
Staff numbers
381
Management Resource Solutions employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/16 21:24
End of day share price update: 2019/09/04 00:00
Last estimates confirmation: 2017/12/20
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.