MLP AG (MLP) AI Stock Analysis

• Market Cap: €948.85M
• Dividend Yield: 4.15%
• Average Volume (3M): 91.24K
• Price to Earnings (P/E): 13.7
• Beta (1Y): 0.66
• Revenue Growth: 9.29%
• EPS Growth: 30.77%
• Country: DE
• Employees: 2,454
• Sector: Utilities
• Sector Strength: 75
• Industry: Asset Management
• EPS (TTM): 0.25
• Shares Outstanding: 109,334,690
• 10 Day Avg. Volume: 84,705
• 30 Day Avg. Volume: 91,241
• PEG Ratio: 1.98
• Price to Book (P/B): 1.63
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.02
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €13.00
• Price Target Upside: 47.73% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 76 Outperform
• Price Target: ―

MLP AG's stock is supported by strong financial performance and positive technical indicators, despite a high leverage ratio. The valuation is reasonable but not outstanding, with no significant earnings call or corporate events to influence the score.

MLP AG Business Overview & Revenue Model

Company Description

MLP SE, together with its subsidiaries, provides financial brokerage and consulting services to private, corporate, and institutional clients in Germany. The company's Financial Consulting segment offers consulting services for academics and other clients related to insurance, investments, occupational pension provision schemes, and loans and mortgages, as well as the brokering of contracts in financial services. Its Banking segment provides banking services, such as accounts, credit cards, loans, mortgages, and wealth management services. This segment also offers securities custody, commission, investment consulting, and insurance and investment brokerage services. The company's FERI segment provides wealth and investment consulting, as well as investment management and research services for institutional investors and high net-worth families and foundations. Its DOMCURA segment operates as an underwriting agency that designs, develops, and implements coverage concepts in the field of private and corporate non-life insurance products, as well as provides brokerage services. The company's Industrial Broker segment brokering of insurance policies for industrial and commercial clients, as well as consulting services and insurances. Its Holding and Others segment develops real estate properties. MLP SE was founded in 1971 and is headquartered in Wiesloch, Germany.

How the Company Makes Money

MLP AG generates revenue through a commission-based model, earning fees for the financial products and services it facilitates for its clients. The company's key revenue streams include commissions from insurance brokerage, fees from asset management services, and advisory fees for financial planning and investment consulting. MLP AG partners with a wide range of financial institutions, insurance companies, and investment firms to offer a diverse portfolio of products to its clients. The company's earnings are significantly influenced by its ability to maintain and expand its client base, as well as its strategic partnerships with financial product providers.

MLP AG Financial Statement Overview

Summary

MLP AG shows strong revenue growth and operational profitability, bolstered by significant improvements in cash flows. However, high leverage and moderate net profit margins indicate areas for improvement.

Income Statement

The income statement reveals a solid revenue growth trajectory with a 10.59% increase from 2023 to 2024, indicating robust performance. The gross profit margin for 2024 stands at 32.0%, reflecting efficient cost management. However, the net profit margin is relatively moderate at 6.52%, suggesting room for improvement in bottom-line efficiency. EBIT and EBITDA margins are healthy at 8.76% and 12.95% respectively, indicating strong operational profitability.

Balance Sheet

The balance sheet shows a prudent equity management with an equity ratio of 13.74% in 2024, which is stable but could be bolstered further. The debt-to-equity ratio is high at 5.59, indicating substantial leverage which poses potential risks. However, the return on equity (ROE) is reasonable at 12.14%, showcasing effective utilization of equity to generate profits.

Cash Flow

Cash flow analysis highlights significant improvements, with free cash flow growing by 37.63% from 2023 to 2024. The operating cash flow to net income ratio is at 2.38, indicating strong cash generation relative to net earnings. The free cash flow to net income ratio is healthy at 1.99, demonstrating effective cash conversion.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.06B	960.70M	928.75M	920.72M	762.71M
Gross Profit	339.89M	305.36M	281.61M	291.47M	236.60M
EBITDA	137.51M	114.43M	113.52M	128.50M	88.15M
Net Income	69.27M	48.58M	51.49M	62.63M	43.25M
Balance Sheet
Total Assets	4.15B	3.92B	3.78B	3.69B	3.24B
Cash, Cash Equivalents and Short-Term Investments	1.22B	1.07B	1.07B	1.45B	967.72M
Total Debt	3.19B	3.03B	2.91B	2.76B	2.44B
Total Liabilities	3.58B	3.39B	3.26B	3.20B	2.78B
Stockholders Equity	570.46M	538.53M	527.38M	495.25M	453.24M
Cash Flow
Free Cash Flow	137.74M	100.06M	-314.72M	536.29M	398.78M
Operating Cash Flow	164.97M	116.67M	-292.45M	546.35M	408.07M
Investing Cash Flow	-26.89M	28.55M	-84.44M	-45.37M	-28.32M
Financing Cash Flow	-43.44M	-53.23M	-38.22M	14.02M	-31.49M

MLP AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:MLP, the sentiment is Positive. The current price of 8.8 is above the 20-day moving average (MA) of 8.58, above the 50-day MA of 8.30, and above the 200-day MA of 6.89, indicating a bullish trend. The MACD of 0.14 indicates Positive momentum. The RSI at 59.85 is Neutral, neither overbought nor oversold. The STOCH value of 56.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:MLP.

MLP AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MLP	76 Outperform	€948.85M	13.73	11.88%	4.15%	9.29%	30.77%
Sector *	72 Outperform	€12.96B	47.12	11.98%	4.58%	1.73%	7.18%
0QF7	―	€465.42M	7.33	9.52%	―	―	―
MPCK	71 Outperform	€172.01M	10.23	13.29%	5.56%	12.21%	28.29%
A7A	57 Neutral	€122.79M	―		―	―	―
LQAG	55 Neutral	€78.66M	―	-11.95%	―	1.68%	44.85%
MUX	49 Neutral	€672.24M	―	-46.48%	6.33%	12.21%	-199.48%