Company - UK Share Hub

MNG.LSE 193.3 0.5 (0.26%)
2024-12-23 16:36:00

https://www.mandgplc.com

M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through Asset Management, and Retail and Savings segments. It offers retirement, savings, and investment management solutions to its retail and institutional customers. The company also provides individual and corporate pensions, annuities, life, savings, and investment products. It serves individuals, insurance companies, financial advisers, banks, wealth managers, institutional investors, and other distribution partners. The company was formerly known as M&G Prudential PLC and changed its name to M&G plc in September 2019. M&G plc was founded in 1848 and is headquartered in London, the United Kingdom.

2024-10-09 M&G PLC (MGPUF) (H1 2024) Earnings Call Highlights: Strong Inflows and Strategic Debt Reduction
2024-10-09 Dividend stock picks to consider when investing as interest rates fall
2024-09-04 M&G Targets More Cost Savings as Markets Offset Client Outflows
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2024-07-22 M&G plc (LON:MNG) is favoured by institutional owners who hold 76% of the company
2023-12-11 Britain's M&G invests in crypto derivatives platform GFO-X
2023-10-26 Treasury Rout Lures M&G to Buy More as US Stocks Seen Too Risky
2023-09-20 M&G Plc's assets under management suffer unexpected decline in first half of financial year
2023-07-25 Real-Estate Investors Flee the U.S. for a Land of Fuller Offices
2023-07-11 What new reforms mean for your pension
2022-10-06 FTSE 100 to pay £81.5bn to investors in dividend bonanza
2022-09-27 UK Markets Claw Back Losses as Buyers Emerge After Historic Rout
2022-08-16 The new boom town for corporate lawyers
2022-08-15 M&G: new chief may yield value at lower risk than a break-up
2022-08-14 City of London institution M&G looks ripe for a break-up
2022-07-27 M&G veteran to step down as chief investment officer
2022-07-04 Resilient South African Businesses Recovered From Covid Fast, M&G Says
2022-05-17 Insiders who bought M&G plc (LON:MNG) last year must be regretting not buying more as market cap hits UK£5.4b

Summary

Ratios

Dividends

Income Statement

Balance Sheet

Cashflow Statement

Summary

Ratios

Dividends

Income Statement

Balance Sheet

Cashflow Statement

Discounted Cashflow Valuation:

Latest Financials: Currency:

Decide upon the free cashflow per share in year one, the amount it will grow from years 2-4, and the ongoing stable growth rate from year 5.
The default cashflow rate is that of the latest financials, the initial growth rate is the 5 year free cashflow CAGR, as is the ongoing growth rate.

Free Cashflow per Share (CF0) FCF Growth Rate (5Y CAGR) Stable Growth Rate

This allows us to calculate the projected cashflows for the next 5 years:

CF1 CF2 CF3 CF4 CF5

Next determine what return the investor requires for accepting the risk of investing in the equity.
As a default it is the risk free rate (the 10 year government bond yield) plus inflation.
Adjust these figures or use the Risk Premium field to obtain the Required Return.
Note that the Required Return needs to be higher than the Stable Growth Rate for the formula to return meaningful results.

Risk Free Rate Inflation Rate Risk Premium Required Return

Cashflows CF1 to CF4 are discounted at the Required Return and Totalled.
The Terminal Value is calculated from the cashflow in year 5, the Required Return, and the Stable Growth rate.
These two figures combined yield the Intrinsic Value under the Discounted Cashflow Method.

DCF1 DCF2 DCF3 DCF4 Total Terminal CF

As the model requires estimated inputs and can only ever be a guideline, apply a Margin of Safety to compensate.
The Net Value can then be compared to the Current Price to get an indication of whether the stock is trading at a discount or premium to Intrinsic Value.

Current Price Intrinsic Value Margin of Safety Net Value Premium or Discount %