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Majan Glass Company SAOG

MSM:MGCI
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MGCI
MSM
OMR8M
Market Cap
  1. Home
  2. OM
  3. Materials
Company description

Majan Glass Company SAOG manufactures and sells empty glass containers in the Sultanate of Oman. The last earnings update was 24 days ago. More info.


Add to Portfolio Compare Print
MGCI Share Price and Events
7 Day Returns
0%
MSM:MGCI
4.6%
Asia Packaging
-4.5%
OM Market
1 Year Returns
-0.6%
MSM:MGCI
-23.6%
Asia Packaging
-15.6%
OM Market
MGCI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Majan Glass Company SAOG (MGCI) 0% 0% 0% -0.6% -5.8% -26.6%
Asia Packaging 4.6% -10.2% -14.4% -23.6% -30.9% -29.9%
OM Market -4.5% -15.4% -13.1% -15.6% -37.3% -45.2%
1 Year Return vs Industry and Market
  • MGCI outperformed the Packaging industry which returned -23.6% over the past year.
  • MGCI outperformed the Market in Oman which returned -15.6% over the past year.
Price Volatility
MGCI
Industry
5yr Volatility vs Market

Value

 Is Majan Glass Company SAOG 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
  • It is not possible to calculate the future cash flow value for Majan Glass Company SAOG. This is due to cash flow or dividend data being unavailable. The share price is OMR0.179.
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 Majan Glass Company SAOG's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Majan Glass Company SAOG's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MSM:MGCI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in OMR OMR-0.01
MSM:MGCI Share Price ** MSM (2020-03-31) in OMR OMR0.18
Asia Packaging Industry PE Ratio Median Figure of 227 Publicly-Listed Packaging Companies 10.27x
Oman Market PE Ratio Median Figure of 74 Publicly-Listed Companies 10.44x

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

** Primary Listing of Majan Glass Company SAOG.

MSM:MGCI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= MSM:MGCI Share Price ÷ EPS (both in OMR)

= 0.18 ÷ -0.01

-12.36x

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

  • Majan Glass Company SAOG is loss making, we can't compare its value to the Asia Packaging industry average.
  • Majan Glass Company SAOG is loss making, we can't compare the value of its earnings to the Oman market.
Price based on expected Growth
Does Majan Glass Company SAOG's expected growth come at a high price?
Raw Data
MSM:MGCI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -12.36x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Packaging Industry PEG Ratio Median Figure of 38 Publicly-Listed Packaging Companies 0.88x
Oman Market PEG Ratio Median Figure of 5 Publicly-Listed Companies 1.68x

*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 Majan Glass Company SAOG, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Majan Glass Company SAOG's assets?
Raw Data
MSM:MGCI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in OMR OMR0.10
MSM:MGCI Share Price * MSM (2020-03-31) in OMR OMR0.18
Asia Packaging Industry PB Ratio Median Figure of 301 Publicly-Listed Packaging Companies 0.75x
Oman Market PB Ratio Median Figure of 102 Publicly-Listed Companies 0.77x
MSM:MGCI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= MSM:MGCI Share Price ÷ Book Value per Share (both in OMR)

= 0.18 ÷ 0.10

1.77x

* Primary Listing of Majan Glass Company SAOG.

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

  • Majan Glass Company SAOG is overvalued based on assets compared to the Asia Packaging industry average.
X
Value checks
We assess Majan Glass Company SAOG'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 Packaging 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 Packaging industry average (and greater than 0)? (1 check)
  5. Majan Glass Company SAOG has a total score of 0/6, see the detailed checks below.

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

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

Future Performance

 How is Majan Glass Company SAOG 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 Majan Glass Company SAOG 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
20.6%
Expected Packaging industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Majan Glass Company SAOG expected to grow at an attractive rate?
  • Unable to compare Majan Glass Company SAOG's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Majan Glass Company SAOG's earnings growth to the Oman market average as no estimate data is available.
  • Unable to compare Majan Glass Company SAOG's revenue growth to the Oman market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
MSM:MGCI Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Packaging Industry Earnings Growth Rate Market Cap Weighted Average 20.6%
Asia Packaging Industry Revenue Growth Rate Market Cap Weighted Average 16.5%
Oman Market Earnings Growth Rate Market Cap Weighted Average 6.7%
Oman Market Revenue Growth Rate Market Cap Weighted Average 6.7%

*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
MSM:MGCI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in OMR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MSM:MGCI Past Financials Data
Date (Data in OMR Millions) Revenue Cash Flow Net Income *
2019-12-31 11 0 -1
2019-09-30 11 1 -1
2019-06-30 11 1 -1
2019-03-31 10 0 -1
2018-12-31 9 0 -2
2018-09-30 8 0 -1
2018-06-30 6 -1 -2
2018-03-31 6 -1 -1
2017-12-31 7 0 -1
2017-09-30 7 0 -2
2017-06-30 7 0 -2
2017-03-31 7 0 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Majan Glass Company SAOG is high growth as no earnings estimate data is available.
  • Unable to determine if Majan Glass Company SAOG 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
MSM:MGCI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Majan Glass Company SAOG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MSM:MGCI Past Financials Data
Date (Data in OMR Millions) EPS *
2019-12-31 -0.01
2019-09-30 -0.03
2019-06-30
2019-03-31 -0.03
2018-12-31 -0.05
2018-09-30 -0.03
2018-06-30 -0.04
2018-03-31 -0.04
2017-12-31 -0.03
2017-09-30 -0.04
2017-06-30 -0.04
2017-03-31 -0.04

*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 Majan Glass Company SAOG will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Majan Glass Company SAOG'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 Materials companies here
  2. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Majan Glass Company SAOG'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 Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia 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.
Majan Glass Company SAOG 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.

Past Performance

  How has Majan Glass Company SAOG 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 Majan Glass Company SAOG's growth in the last year to its industry (Packaging).
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.
  • Majan Glass Company SAOG does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Majan Glass Company SAOG's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Majan Glass Company SAOG's 1-year growth to the Asia Packaging industry average as it is not currently profitable.
Earnings and Revenue History
Majan Glass Company SAOG'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 Majan Glass Company SAOG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MSM:MGCI Past Revenue, Cash Flow and Net Income Data
Date (Data in OMR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 10.92 -0.61 1.93
2019-09-30 10.94 -1.24 1.98
2019-06-30 11.04 -1.31 1.94
2019-03-31 9.95 -1.38 1.89
2018-12-31 8.82 -2.22 1.80
2018-09-30 7.55 -1.42 1.60
2018-06-30 6.43 -1.52 1.48
2018-03-31 6.48 -1.47 1.39
2017-12-31 6.61 -1.14 1.35
2017-09-30 6.64 -1.88 1.18
2017-06-30 7.09 -1.56 1.21
2017-03-31 7.17 -1.51 1.23
2016-12-31 7.43 -1.49 1.23
2016-09-30 8.24 -1.25 1.38
2016-06-30 8.41 -1.48 1.35
2016-03-31 9.17 -2.10 1.35
2015-12-31 9.83 -1.62 1.39
2015-09-30 9.05 -1.43 1.26
2015-06-30 9.21 -0.85 1.30
2015-03-31 10.06 0.30 1.32
2014-12-31 9.43 -0.07 1.22
2014-09-30 9.66 -0.72 1.12
2014-06-30 9.65 -0.94 1.12
2014-03-31 7.67 -1.04 1.00
2013-12-31 7.45 -0.79 1.05
2013-09-30 7.63 0.11 1.21
2013-06-30 7.25 0.62 1.08

*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.
  • It is difficult to establish if Majan Glass Company SAOG has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Majan Glass Company SAOG has efficiently used its assets last year compared to the Asia Packaging industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Majan Glass Company SAOG improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Majan Glass Company SAOG'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 Packaging 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.
Majan Glass Company SAOG has a total score of 0/6, see the detailed checks below.

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

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

Health

 How is Majan Glass Company SAOG'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 Majan Glass Company SAOG's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Majan Glass Company SAOG is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Majan Glass Company SAOG's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Majan Glass Company SAOG'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 1.2x 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 Majan Glass Company SAOG Company Filings, last reported 3 months ago.

MSM:MGCI Past Debt and Equity Data
Date (Data in OMR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 4.24 5.56 0.72
2019-09-30 4.46 5.29 0.65
2019-06-30 4.86 5.33 0.65
2019-03-31 5.11 5.75 0.57
2018-12-31 4.85 4.23 0.00
2018-09-30 5.71 4.13 0.01
2018-06-30 6.18 4.81 0.00
2018-03-31 6.50 4.73 0.00
2017-12-31 7.09 3.83 0.00
2017-09-30 7.14 3.16 0.01
2017-06-30 7.70 2.45 0.01
2017-03-31 7.97 2.38 0.01
2016-12-31 8.23 1.55 0.00
2016-09-30 9.01 1.03 0.01
2016-06-30 9.27 1.01 0.00
2016-03-31 9.48 1.31 0.00
2015-12-31 10.14 0.78 0.00
2015-09-30 10.68 0.73 0.00
2015-06-30 11.17 1.84 0.01
2015-03-31 12.00 2.04 0.00
2014-12-31 11.76 2.00 0.00
2014-09-30 12.11 1.72 0.00
2014-06-30 12.02 2.10 0.00
2014-03-31 11.70 2.28 0.01
2013-12-31 11.83 2.69 0.00
2013-09-30 12.83 2.20 0.01
2013-06-30 12.96 2.11 0.01
  • Majan Glass Company SAOG's level of debt (131%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (17% vs 131% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Majan Glass Company SAOG has sufficient cash runway for more than 3 years based on current free cash flow.
  • Majan Glass Company SAOG has less than a year of cash runway if free cash flow continues to grow at historical rates of 19.9% each year.
X
Financial health checks
We assess Majan Glass Company SAOG'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. Majan Glass Company SAOG 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.

Dividends

 What is Majan Glass Company SAOG'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 Majan Glass Company SAOG dividends.
If you bought OMR2,000 of Majan Glass Company SAOG shares you are expected to receive OMR0 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 Majan Glass Company SAOG's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Majan Glass Company SAOG'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
MSM:MGCI 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
Asia Packaging Industry Average Dividend Yield Market Cap Weighted Average of 172 Stocks 2.5%
Oman Market Average Dividend Yield Market Cap Weighted Average of 65 Stocks 8.3%
Oman Minimum Threshold Dividend Yield 10th Percentile 3.3%
Oman Bottom 25% Dividend Yield 25th Percentile 5%
Oman Top 25% Dividend Yield 75th Percentile 9.5%

Industry and Market average data is calculated daily.

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

MSM:MGCI Past Annualized Dividends Data
Date (Data in OMR) Dividend per share (annual) Avg. Yield (%)
2018-01-15 0.000 0.000
2017-10-25 0.000 0.000
2017-10-12 0.000 0.000
2017-07-26 0.000 0.000
2017-07-12 0.000 0.000
2017-04-27 0.000 0.000
2017-04-12 0.000 0.000
2017-02-16 0.000 0.000
2016-03-21 0.010 5.249
2014-10-28 0.000 0.000
2014-10-13 0.000 0.000
2014-07-23 0.000 0.000
2014-04-28 0.000 0.000
2014-02-20 0.000 0.000
2013-03-03 0.009 2.851
2012-02-26 0.020 4.381
2011-02-28 0.032 6.284
2010-03-01 0.032 5.374

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

  • Unable to perform a dividend volatility check as Majan Glass Company SAOG has not reported any payouts.
  • Unable to verify if Majan Glass Company SAOG's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Majan Glass Company SAOG's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Majan Glass Company SAOG 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 Majan Glass Company SAOG's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 3.3%) - 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 Majan Glass Company SAOG afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Majan Glass Company SAOG 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.

Management

 What is the CEO of Majan Glass Company SAOG'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
Asit Chawla
TENURE AS CEO 1.7 years
CEO Bio

Mr. Asit Chawla has been General Manager of Majan Glass Company SAOG since joining on July 01, 2018. Mr. Chawla is a qualified Mechanical Engineer and holds Master;s Degree in Financial Management from India. He holds experience in the Glass Industry.

CEO Compensation
  • Insufficient data for Asit to compare compensation growth.
  • Insufficient data for Asit to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Asit Chawla

TITLE
General Manager
TENURE
1.7 yrs

Deepak Adnani

TITLE
Financial Controller & Company Secretary
Board of Directors Tenure

Average tenure of the Majan Glass Company SAOG board of directors in years:

2
Average Tenure
  • The average tenure for the Majan Glass Company SAOG board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ali Mohammed Tabuk

TITLE
Chairman of the Board
TENURE
1.4 yrs

Vivek Varadan

TITLE
Deputy Chairman
COMPENSATION
OMR3K
TENURE
2 yrs

Ali Fida Hussain Al Lawati

TITLE
Director
COMPENSATION
OMR2K
TENURE
2 yrs

Puneet Sardana

TITLE
Director
COMPENSATION
OMR3K
TENURE
2 yrs

Talal Issa Al Harasi

TITLE
Director
COMPENSATION
OMR3K
TENURE
2 yrs

Arjun Subramanian

TITLE
Independent Director
COMPENSATION
OMR3K
TENURE
2 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 (OMR) Value (OMR)
X
Management checks
We assess Majan Glass Company SAOG'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. Majan Glass Company SAOG has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


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

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

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

News

Simply Wall St News

Company Info

Description

Majan Glass Company SAOG manufactures and sells empty glass containers in the Sultanate of Oman. The company offers 88ml to 1000ml range of jars and bottles for the food, beverage, soft drink, and juice sectors. It also exports its products to the Middle East, the Far East, and other than the GCC countries. The company was founded in 1994 and is based in Sohar, the Sultanate of Oman.

Details
Name: Majan Glass Company SAOG
MGCI
Exchange: MSM
Founded: 1994
OMR7,522,170
42,023,300
Website: http://www.majanglass.com
Address: Majan Glass Company SAOG
Sohar Industrial Estate,
PO Box 17,
Sohar,
327,
Oman
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
MSM MGCI Ordinary Shares Muscat Securities Market OM OMR 07. Feb 1996
Number of employees
Current staff
Staff numbers
255
Majan Glass Company SAOG employees.
Industry
Metal and Glass Containers
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 18:34
End of day share price update: 2020/03/31 00:00
Last earnings filing: 2020/03/07
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.