Mondi (MNDI)

Sector:

Manufacturing

Index:

FTSE 100

1,474.50p
   
  • Change Today:
      14.50p
  • 52 Week High: 1,604.00
  • 52 Week Low: 1,179.72
  • Currency: UK Pounds
  • Shares Issued: 441.41m
  • Volume: 175,920
  • Market Cap: £6,509m
  • RiskGrade: 133

Key Financials

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Growth Metrics 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Annualisation Factor 1.0 1.0 n/a 1.0 1.0
Dividend Yield 3.8% 4.2% 3.0% 4.4% 1.3%
           
Continuing Operations          
PE Ratio - Adjusted 16.9 8.5 19.6 15.7 12.3
PE Ratio - Diluted 17.6
16.9		 6.8
8.5		 19.3
19.6		 16.9
16.3		 12.5
12.3
PEG - Adjusted n/a 0.1 n/a n/a n/a
PEG - Diluted n/a
n/a		 0.1
0.1		 n/a
n/a		 n/a
n/a		 n/a
n/a
Return on Capital Employed 10.50%
10.85%		 21.77%
18.68%		 0.13%
0.12%		 14.80%
15.31%		 20.58%
20.70%
Operating Margin 10.93%
11.30%		 19.14%
16.42%		 11.28%
11.18%		 12.94%
13.46%		 16.87%
16.90%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 17.6 6.8 1,389.3 15.7 12.3
PE Ratio - Diluted 57.7
n/a		 5.6
6.7		 1,373.3
1,378.9		 16.9
16.3		 12.5
12.3
PEG - Adjusted n/a 0.0 n/a n/a 0.0
PEG - Diluted n/a
n/a		 0.0
0.0		 n/a
n/a		 n/a
n/a		 0.0
0.0

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Gearing 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Gearing 7.55% 17.35% 39.02% 44.88% 54.84%

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Value Metrics 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Price/Book Value n/a n/a n/a n/a n/a
Price/Tangible Book Value n/a n/a n/a n/a n/a
Price/ Cash Flow n/a n/a n/a n/a n/a
Price/Revenue n/a n/a n/a n/a n/a
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 1,084.93¢ 1,117.50¢ 801.44¢ 698.91¢ 692.53¢
Net Cash per Share n/a n/a n/a n/a n/a

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Annualised Fundamentals 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 7,330.00 8,902.00 70.40 6,663.00 7,268.00
EBITDA 1,209.00
1,236.00		 2,098.00
1,856.00		 11.69
11.62		 1,290.00
1,325.00		 1,226.00
1,228.00
Depreciation (408.00)
(408.00)		 (394.00)
(394.00)		 (3.74)
(3.74)		 (428.00)
(428.00)		 n/a
n/a
Net Interest (119.00)
(119.00)		 (144.00)
(144.00)		 (0.82)
(0.82)		 (95.00)
(95.00)		 (123.00)
(109.00)
Profit Before Tax 682.00
709.00		 1,560.00
1,318.00		 7.19
7.12		 770.00
805.00		 1,103.00
1,119.00
           
Revenue per Share 1,511.03¢ 1,835.09¢ 14.52¢ 1,374.10¢ 1,499.79¢
Pre-Tax Profit per Share 140.59¢
146.16¢		 321.58¢
271.70¢		 1.48¢
1.47¢		 158.80¢
166.01¢		 227.61¢
230.91¢
Market Capitalisation   (Millions) 7,463.64 6,842.28 8,864.13 8,347.14 8,604.42
Enterprise Value (EV)   (Millions) 9,454.64 7,519.28 11,076.13 10,502.14 10,860.42
EBITDA/EV 12.79%
13.07%		 27.90%
24.68%		 0.11%
0.10%		 12.28%
12.62%		 11.29%
11.31%
Operating Margin 10.93%
11.30%		 19.14%
16.42%		 11.28%
11.18%		 12.94%
13.46%		 16.87%
16.90%
Capital Employed   (Millions) 7,631.00 7,827.00 6,433.00 5,880.00 5,933.00
Return on Capital Employed 10.50%
10.85%		 21.77%
18.68%		 0.13%
0.12%		 14.80%
15.31%		 20.58%
20.70%
Invested Equity Capital   (Millions) 6,004.00 6,128.00 4,816.00 4,315.00 4,353.00
           
Earnings per Share - Basic 103.50¢
107.81¢		 244.50¢
195.63¢		 112.00¢
110.10¢		 120.00¢
124.77¢		 167.60¢
170.86¢
Earnings per Share - Diluted 103.50¢
107.81¢		 244.40¢
195.59¢		 111.90¢
110.03¢		 120.00¢
124.77¢		 167.60¢
170.86¢
Earnings per Share - Adjusted 107.80¢ 195.60¢ 110.10¢ 129.30¢ 171.10¢
Earnings per Share Growth - Basic -58%
-45%		 118%
78%		 -7%
-12%		 -28%
-27%		 -2%
-10%
Earnings per Share Growth - Diluted -58%
-45%		 118%
78%		 -7%
-12%		 -28%
-27%		 -1%
-10%
Earnings per Share Growth - Adjusted -45% 78% -15% -24% -10%
PE Ratio - Diluted 17.6
16.9		 6.8
8.5		 19.3
19.6		 16.9
16.3		 12.5
12.3
PEG - Diluted n/a
n/a		 0.1
0.1		 n/a
n/a		 n/a
n/a		 n/a
n/a
Tax Rate 23.61% 19.29% 21.53% 21.90% 23.30%
Dividend Cover 1.54
1.54		 2.79
2.79		 1.69
1.69		 1.44
1.39		 6.27
6.26
Interest Cover 6.73
6.96		 11.83
10.15		 9.28
9.20		 8.70
9.05		 9.97
11.27
           
Continuing & Discontinued Operations          
Earnings per Share - Basic (31.50¢)
(27.21¢)		 299.30¢
250.46¢		 1.57¢
1.57¢		 120.00¢
124.77¢		 167.60¢
170.86¢
Earnings per Share - Diluted 31.50¢
(27.21¢)		 299.20¢
250.41¢		 1.57¢
1.57¢		 120.00¢
124.77¢		 167.60¢
170.86¢
Earnings per Share - Adjusted 103.50¢ 244.50¢ 1.55¢ 129.30¢ 171.10¢
Earnings per Share Growth - Basic n/a
n/a		 18,919%
15,882%		 -99%
-99%		 -28%
-27%		 294%
262%
Earnings per Share Growth - Diluted -90%
n/a		 18,925%
15,888%		 -99%
-99%		 -28%
-27%		 295%
262%
Earnings per Share Growth - Adjusted -58% 15,629% -99% -24% 262%
PE Ratio - Diluted 57.7
n/a		 5.6
6.7		 1,373.3
1,378.9		 16.9
16.3		 12.5
12.3
PEG - Diluted n/a
n/a		 0.0
0.0		 n/a
n/a		 n/a
n/a		 0.0
0.0
Dividend Cover 1.48
(0.39)		 3.49
3.58		 0.02
0.02		 1.44
1.39		 6.27
6.26
Return on Equity (ROE) (2.55%)
(2.20%)		 23.69%
19.83%		 0.16%
0.16%		 13.49%
14.02%		 18.65%
19.02%
Operating Cash Flow per Share 280.15¢ 298.50¢ 237.11¢ 271.81¢ 286.42¢
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share 69.26¢ 187.18¢ 0.23¢ 77.34¢ (3.30¢)
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 70.00¢ 70.00¢ 65.00¢ 89.75¢ 27.28¢
Dividend per Share Growth n/a 7.69% (27.58%) 229.00% (64.11%)
Dividend Yield 3.8% 4.2% 3.0% 4.4% 1.3%
Shareholders Funds 5,655.00 5,794.00 4,498.00 4,002.00 4,015.00
Net Borrowings   (Millions) 427.00 1,005.00 1,755.00 1,796.00 2,202.00
Net Asset Value per Share (inc. Intangibles) 994.02¢ 1,022.68¢ 720.83¢ 620.54¢ 616.18¢

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Gearing - inc Intangibles 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shareholders' Funds inc Intangibles 5,655.00 5,794.00 4,498.00 4,002.00 4,015.00
Net Borrowings   (Millions) 427.00 1,005.00 1,755.00 1,796.00 2,202.00
Net Gearing 7.55% 17.35% 39.02% 44.88% 54.84%
Cash & Near Cash 1,592.00 1,067.00 473.00 382.00 74.00
Cash 28.15% 18.42% 10.52% 9.55% 1.84%
Gross Borrowings 2,019.00 2,072.00 2,228.00 2,178.00 2,276.00
Gross Gearing 35.70% 35.76% 49.53% 54.42% 56.69%
Borrowings Under 5 years 2,019.00 2,072.00 2,228.00 2,178.00 2,276.00
Under 5 years 35.70% 35.76% 49.53% 54.42% 56.69%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Gearing - exc Intangibles 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shareholders' Funds exc Intangibles 4,822.00 4,961.00 3,496.00 3,009.00 2,986.00
Net Borrowings   (Millions) 427.00 1,005.00 1,755.00 1,796.00 2,202.00
Net Gearing 8.86% 20.26% 50.20% 59.69% 73.74%
Cash & Near Cash 1,592.00 1,067.00 473.00 382.00 74.00
Cash 33.02% 21.51% 13.53% 12.70% 2.48%
Gross Borrowings 2,019.00 2,072.00 2,228.00 2,178.00 2,276.00
Gross Gearing 41.87% 41.77% 63.73% 72.38% 76.22%
Borrowings Under 5 years 2,019.00 2,072.00 2,228.00 2,178.00 2,276.00
Under 5 years 41.87% 41.77% 63.73% 72.38% 76.22%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Cover 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Quick Ratio 1.53 1.84 1.05 1.02 0.58
Current Ratio 2.09 2.48 1.68 1.63 1.05

Key

* GAAP

a. Includes discontinued activities

b. Based on operating cash flow before tax

c. Not disclosed under IFRS

d. Includes non-current assets

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Normalised ratios are shown in blue text

Note 6: Forecast figures based on normalised accounts.

 

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