Morgan Advanced Materials plc

Morgan Advanced Materials plc

MGAM · LSE · Industrials / Specialty Industrial Machinery

269.00GBX-5.00 (-1.82%)

Price History

Full chart

Market Stats

Previous Close274.00
Open270.00
Day Range267.00 – 273.61
52-Week Range174.20 – 275.00
Volume602.98K
Market Cap749.08M
P/E (TTM)0.00
Forward P/E12.80
EPS-0.02
Dividend Yield4.51%
Beta1.15
50-Day Avg244.46
200-Day Avg226.66

About

Morgan Advanced Materials plc manufactures and sells various carbon and ceramic products. The company operates through Thermal Products, Performance Carbon, and Technical Ceramics segments. The Thermal Products segment manufactures products, systems, and solutions, such as crucibles, foundry products, furnace industries furnace range products, insulating fibre and microporous products, firebricks and mortars, and heat shields used in industrial metal processing, petrochemicals, cement, ceramics, and glass, as well as by manufacturers of equipment for aerospace, automotive, marine, and domestic applications. The Performance Carbon segment develops and manufactures carbon, graphite, and carbide products, including semiconductor consumables, collector strips and carbon brushes, graphite powders, face seals, sliding bearings, shafts, and rotary vane pump components for charging and driving EVs, wind turbines, and power generation, as well as for the security and defense sector. The Technical Ceramics segment designs and manufactures ceramic components comprising structural ceramic components, engineered coatings, ceramic cores, ceramic-to-metal assemblies, braze alloys, ceramic tubes and rollers, extruded products, laser products, semiconductor products, and machinable glass ceramic products. It serves semiconductors, healthcare, clean energy and transportation, industrial, conventional transportation, petrochemical and chemical, and security and defense markets. It operates in the United States, rest of North America, South America, Germany, the United Kingdom, rest of Europe, China, rest of Asia, Australasia, the Middle East, and Africa. The company was formerly known as The Morgan Crucible Company plc and changed its name to Morgan Advanced Materials plc in March 2013. The company was founded in 1856 and is headquartered in Windsor, the United Kingdom.

Company Details

Leadership

  • Mr. Damien CabyCEO & Director · b. 1973
  • Mr. Richard James Armitage F.C.M.A.CFO & Director · b. 1965
  • Mr. Paul A. BoultonGeneral Counsel · b. 1968
  • Ms. . MonikaHR Manager
  • Ms. Winifred ChimeCompany Secretary

Financials

Income Statement

Currency: GBP1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue242.10M334.50M454.00M522.90M580.70M633.20M684.00M793.30M795.10M847.80M897.50M890.70M900.40M862.40M1.05B1.02B690.10M849.60M581.60M609.80M677.80M693.20M835.00M942.60M1.02B1.10B1.01B957.80M921.70M911.80M989.20M1.00B1.03B1.05B910.70M950.50M1.11B1.11B1.10B996.60M
Growth (%)-+38.17%+35.72%+15.18%+11.05%+9.04%+8.02%+15.98%+0.23%+6.63%+5.86%-0.76%+1.09%-4.22%+21.88%-2.53%-32.64%+23.11%-31.54%+4.85%+11.15%+2.27%+20.46%+12.89%+7.90%+8.25%-8.49%-4.93%-3.77%-1.07%+8.49%+1.23%+3.25%+1.51%-13.23%+4.37%+17.00%+0.23%-1.26%-9.46%
Cost of Revenue-----------------190.20M---------278.80M830.00M794.70M791.60M860.10M869.20M909.00M778.20M726.70M743.40M867.40M993.90M287.50M798.30M
Gross Profit242.10M334.50M454.00M522.90M580.70M633.20M684.00M793.30M795.10M847.80M897.50M890.70M900.40M862.40M1.05B1.02B880.30M849.60M581.60M609.80M677.80M693.20M835.00M942.60M1.02B1.10B728.70M127.80M127.00M120.20M129.10M132.20M124.90M271.30M184.00M207.10M244.70M120.80M813.20M198.30M
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%127.56%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%72.33%13.34%13.78%13.18%13.05%13.20%12.08%25.85%20.20%21.79%22.00%10.84%73.88%19.90%
Operating Expense211.20M293.00M397.50M451.40M500.10M563.10M612.70M720.10M715.40M747.80M787.30M769.60M851.20M792.60M954.20M967.60M921.60M881.80M589.40M584.70M622.60M615.90M740.00M881.90M923.50M967.80M628.20M23.40M22.90M24.60M26.20M25.70M12.70M34.80M28.50M94.00M103.90M28.90M709.60M29.30M
Operating Income30.90M41.50M56.50M71.50M80.60M70.10M71.30M73.20M79.70M100.00M110.20M121.10M49.20M69.80M96.90M56.90M-41.30M-32.20M-7.80M25.10M55.20M77.30M95.00M60.70M93.60M133.20M100.50M104.40M104.10M95.60M102.90M106.50M112.20M236.50M155.50M113.10M140.80M91.90M103.60M169.00M
Operating Margin12.76%12.41%12.44%13.67%13.88%11.07%10.42%9.23%10.02%11.80%12.28%13.60%5.46%8.09%9.22%5.55%-5.98%-3.79%-1.34%4.12%8.14%11.15%11.38%6.44%9.20%12.10%9.98%10.90%11.29%10.48%10.40%10.64%10.85%22.53%17.07%11.90%12.66%8.24%9.41%16.96%
EBITDA39.60M50.90M69.20M87.50M99.10M90.00M105.80M113.60M121.10M138.90M154.50M169.60M96.40M156.40M162.20M116.30M3.00M86.00M40.70M56.40M85.80M107.90M133.80M104.50M133.70M172.50M133.50M139.90M137.70M128.10M139.90M191.30M143.20M173.90M44.50M156.30M188.10M138.60M150.00M210.10M
EBITDA Margin16.36%15.22%15.24%16.73%17.07%14.21%15.47%14.32%15.23%16.38%17.21%19.04%10.71%18.14%15.43%11.35%0.43%10.12%7.00%9.25%12.66%15.57%16.02%11.09%13.15%15.67%13.25%14.61%14.94%14.05%14.14%19.10%13.85%16.57%4.89%16.44%16.91%12.43%13.63%21.08%
Net Income16.50M20.60M29.90M36.70M37.40M29.50M42.60M45.60M50.50M57.60M66.50M77.10M3.70M60.70M60.40M5.90M-41.30M-77.00M-63.10M51.90M36.90M52.60M59.20M19.00M42.50M73.00M77.00M41.80M7.80M33.90M52.30M107.60M46.30M73.10M-22.50M73.80M88.00M47.30M50.30M21.10M
Net Income Margin6.82%6.16%6.59%7.02%6.44%4.66%6.23%5.75%6.35%6.79%7.41%8.66%0.41%7.04%5.75%0.58%-5.98%-9.06%-10.85%8.51%5.44%7.59%7.09%2.02%4.18%6.63%7.64%4.36%0.85%3.72%5.29%10.74%4.48%6.97%-2.47%7.76%7.91%4.24%4.57%2.12%
R&D--2.10M2.10M10.10M12.80M12.10M12.30M12.20M12.70M13.70M13.90M13.40M11.20M16.90M19.00M20.00M15.70M11.70M12.50M8.20M8.70M9.80M13.90M15.90M14.30M-20.20M21.70M25.40M29.20M34.30M36.20M34.00M28.00M28.50M31.60M32.90M31.10M28.90M
R&D as % of Total Revenue--0.46%0.40%1.74%2.02%1.77%1.55%1.53%1.50%1.53%1.56%1.49%1.30%1.61%1.85%2.90%1.85%2.01%2.05%1.21%1.26%1.17%1.47%1.56%1.30%-2.11%2.35%2.79%2.95%3.43%3.50%3.24%3.07%3.00%2.84%2.95%2.83%2.90%
Interest Expense6.10M9.20M11.30M16.60M21.10M20.80M21.00M19.80M19.50M22.80M23.40M23.40M25.40M22.50M26.10M22.90M15.00M15.70M37.00M33.40M30.20M11.10M21.40M29.40M27.70M22.60M45.40M24.60M22.90M13.70M15.20M17.40M14.50M18.80M12.80M10.00M10.80M18.00M21.60M24.70M
Interest Expense % of Total Revenue2.52%2.75%2.49%3.17%3.63%3.28%3.07%2.50%2.45%2.69%2.61%2.63%2.82%2.61%2.48%2.24%2.17%1.85%6.36%5.48%4.46%1.60%2.56%3.12%2.72%2.05%4.51%2.57%2.48%1.50%1.54%1.74%1.40%1.79%1.41%1.05%0.97%1.61%1.96%2.48%

Balance Sheet

Currency: GBP1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets264.70M317.00M384.10M472.40M526.30M691.10M747.70M729.00M700.40M756.30M778.90M854.80M941.00M1.22B1.17B1.13B791.70M900.20M810.10M694.40M652.10M737.20M1.08B1.04B1.03B1.04B968.30M911.90M889.00M857.00M1.04B929.70M964.50M1.07B945.00M925.40M1.03B1.02B1.08B984.80M
Total Liabilities162.50M212.90M233.50M285.70M329.60M449.30M511.70M487.60M413.10M455.20M481.20M562.00M610.60M786.00M706.10M711.20M469.40M640.40M657.00M498.70M449.00M540.90M870.70M826.60M781.10M771.20M696.50M637.80M701.30M670.60M874.60M695.40M687.30M757.50M705.00M575.80M602.30M626.10M687.80M635.90M
Total Equity99.20M98.10M117.70M154.70M166.00M209.40M203.30M203.00M251.30M263.70M260.00M249.20M287.40M386.00M418.40M380.00M312.50M249.50M142.40M182.30M186.70M176.20M177.80M184.60M215.00M229.40M234.00M238.10M151.20M149.80M120.80M195.20M232.80M270.20M202.30M310.60M389.00M360.30M353.70M316.60M
Cash12.50M23.60M17.10M16.10M23.30M145.00M111.00M74.00M77.80M68.30M104.90M116.40M108.50M191.70M93.60M72.70M58.10M57.90M56.30M160.00M97.40M108.00M154.50M107.60M85.00M83.40M80.00M76.00M63.00M49.80M122.40M50.40M67.60M132.80M147.80M127.30M117.70M124.50M118.60M79.30M
Total Debt82.60M95.50M99.10M126.70M142.60M213.80M270.00M242.70M182.00M196.30M230.00M267.40M309.20M424.10M313.80M348.80M169.00M230.60M204.20M109.50M131.50M227.70M444.90M360.30M321.20M298.80M272.80M262.50M270.00M265.80M364.90M231.70M247.60M354.40M303.40M223.80M318.10M356.80M393.70M360.70M
Net Debt70.10M71.90M82.00M110.60M119.30M68.80M159.00M168.70M104.20M128.00M125.10M151.00M200.70M232.40M220.20M276.10M110.90M172.70M147.90M-50.50M34.10M119.70M290.40M252.70M236.20M215.40M192.80M186.50M207.00M216.00M242.50M181.30M180.00M221.60M155.60M96.50M200.40M232.30M275.10M281.40M

Cash Flow

Currency: GBP1991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow21.70M7.60M51.50M43.60M65.30M68.70M72.70M55.60M22.20M40.90M36.60M31.70M23.50M15.30M48.50M-21.90M53.10M50.50M64.90M90.50M81.70M74.10M69.80M70.30M90.60M84.20M59.40M97.70M122.20M109.80M105.40M19.00M78.50M113.30M120.60M
Investing Cash Flow-62.70M-63.20M-50.90M8.70M-65.30M-136.70M-96.80M-84.30M-85.40M59.40M-74.90M-12.40M-32.30M31.60M155.00M-40.30M-75.10M-113.50M-43.40M-52.60M-38.40M-30.90M-28.50M-50.90M-56.70M-47.40M35.20M-50.30M-53.40M-23.40M-13.10M-57.00M-60.20M-86.00M-55.00M
Financing Cash Flow164.30M15.60M-28.10M-48.30M3.30M77.60M38.90M28.60M79.30M-120.20M43.20M-27.00M-24.30M-47.80M-128.20M5.30M35.70M96.00M-48.20M-63.70M-46.40M-41.90M-40.30M-32.60M-46.80M27.30M-156.00M-29.20M-63.20M-69.60M-112.20M23.40M-2.00M-33.00M-99.50M
Capital Expenditure32.70M40.40M35.20M35.30M50.00M54.90M50.90M54.60M38.90M66.50M57.60M35.00M34.30M38.30M43.60M34.00M34.90M33.40M18.10M19.10M28.70M29.40M36.30M33.80M63.50M39.50M33.70M53.10M56.40M30.00M31.60M58.00M60.40M96.10M67.10M
Free Cash Flow-11.00M-32.80M16.30M8.30M15.30M13.80M21.80M1.00M-16.70M-25.60M-21.00M-3.30M-10.80M-23.00M4.90M-55.90M18.20M17.10M46.80M71.40M53.00M44.70M33.50M36.50M27.10M44.70M25.70M44.60M65.80M79.80M73.80M-39.00M18.10M17.20M53.50M
Dividends Paid------------2.30M--7.40M18.80M18.80M12.10M15.40M18.40M16.10M24.70M30.20M31.40M31.40M31.40M31.40M31.30M5.70M19.10M31.60M34.20M34.50M34.10M
FCF to OCF-50.69%-431.58%31.65%19.04%23.43%20.09%29.99%1.80%-75.23%-62.59%-57.38%-10.41%-45.96%-150.33%10.10%255.25%34.27%33.86%72.11%78.90%64.87%60.32%47.99%51.92%29.91%53.09%43.27%45.65%53.85%72.68%70.02%-205.26%23.06%15.18%44.36%
Dividend Paid to FCF-------------21.30%---13.24%103.30%109.94%25.85%21.57%34.72%36.02%73.73%82.74%115.87%70.25%122.18%70.40%47.57%7.14%25.88%-81.03%188.95%200.58%63.74%

Earnings

Report DateMar 30, 2015Feb 27, 2018Feb 26, 2019Mar 2, 2027
EPS Estimate0.11---
EPS Actual0.050.110.07-
Surprise-54.55%---
TimingAfter-hours--Pre-market

Key Statistics & Ratios

Market Cap749.08M
Enterprise Value970.00M
Trailing P/E0.00
Forward P/E12.80
PEG Ratio0.76
Price / Sales0.74
Price / Book2.25
EPS-0.02
Book Value1.16
Revenue (TTM)1.01B
Gross Profit (TTM)92.50M
EBITDA124.50M
Profit Margin1.82%
Operating Margin11.54%
Return on Equity0.34%
Return on Assets5.48%
Shares Outstanding276.41M
Shares Float253.80M
Beta1.15
Dividend Yield4.51%
Dividend Rate0.12
Payout Ratio137.08%

Dividends

20262×
0.05Oct 22, 20260.07Apr 9, 2026
20252×
0.05Oct 23, 20250.07Apr 10, 2025
20242×
0.05Oct 24, 20240.07Apr 25, 2024
20232×
0.05Oct 26, 20230.07Jun 8, 2023
20222×
0.05Oct 27, 20220.06Apr 28, 2022
20212×
0.03Oct 28, 20210.04Apr 29, 2021
20202×
0.02Nov 19, 20200.07Apr 30, 2020
20192×
0.04Oct 31, 20190.07May 2, 2019
20182×
0.04Nov 1, 20180.07May 3, 2018
20172×
0.04Nov 2, 20170.07May 4, 2017
20162×
0.04Nov 3, 20160.07May 5, 2016
20152×
0.04Nov 5, 20150.07May 7, 2015

Stock Splits

  • Feb 20, 2004541:514