MLP AG (MLP) AI Stock Analysis

• Market Cap: €777.22M
• Dividend Yield: 5.06%
• Average Volume (3M): 75.33K
• Price to Earnings (P/E): 12.9
• Beta (1Y): 0.72
• Revenue Growth: 7.26%
• EPS Growth: -1.13%
• Country: DE
• Employees: 2,454
• Sector: Energy
• Sector Strength: 52
• Industry: Asset Management
• EPS (TTM): 0.01
• Shares Outstanding: 109,334,690
• 10 Day Avg. Volume: 75,863
• 30 Day Avg. Volume: 75,326
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: 82.84% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: €8.00 ▲(12.52% Upside)

MLP AG's overall stock score is driven by its operational efficiency and attractive dividend yield. However, the stock faces challenges with declining revenue growth, high leverage, and a lack of strong market momentum. Addressing these issues could improve the company's financial stability and stock performance.

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 generates revenue through a diversified business model that includes multiple key revenue streams. The primary source of income comes from advisory fees charged for financial planning and consulting services provided to clients. Additionally, MLP earns commissions from the sale of insurance products and investment funds, as well as fees associated with asset management services. The company also benefits from strategic partnerships with various financial institutions and insurance companies, which enhance its product offerings and market reach. Furthermore, MLP's focus on building long-term relationships with clients leads to recurring revenue through ongoing advisory services and renewals of financial products, contributing significantly to its overall earnings.

MLP AG Financial Statement Overview

Summary

MLP AG shows operational efficiency with stable margins and strong return on equity. However, declining revenue growth and high leverage pose financial risks. The significant drop in free cash flow growth is concerning, indicating potential liquidity issues.

Income Statement

MLP AG's income statement shows a stable gross profit margin around 31-32% over the years, indicating consistent cost management. However, the net profit margin has slightly decreased in the TTM period to 6.4% from 6.5% in the previous year, reflecting a slight dip in profitability. The revenue growth rate has turned negative in the TTM period, indicating a revenue decline, which is a concern. Despite this, the EBIT and EBITDA margins remain healthy, suggesting operational efficiency.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of approximately 5.59, indicating significant leverage which could pose financial risks. However, the return on equity remains strong at around 12.3% in the TTM period, suggesting effective use of equity to generate profits. The equity ratio is relatively low, reflecting a higher reliance on debt financing.

Cash Flow

The cash flow statement highlights a significant decline in free cash flow growth in the TTM period, down by 58.5%, which is concerning. The operating cash flow to net income ratio is low, indicating potential issues in converting income into cash. However, the free cash flow to net income ratio remains robust, suggesting that despite the decline, the company still generates sufficient free cash flow relative to its net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.08B	1.06B	960.70M	928.75M	920.72M	762.71M
Gross Profit	335.45M	339.89M	305.36M	281.61M	291.47M	236.60M
EBITDA	123.50M	137.51M	114.43M	113.52M	128.50M	88.15M
Net Income	60.06M	69.27M	48.58M	51.49M	62.63M	43.25M
Balance Sheet
Total Assets	4.17B	4.15B	3.92B	3.78B	3.69B	3.24B
Cash, Cash Equivalents and Short-Term Investments	77.17M	1.22B	1.07B	1.07B	1.45B	967.72M
Total Debt	3.15B	3.19B	3.03B	2.91B	2.76B	2.44B
Total Liabilities	3.61B	3.58B	3.39B	3.26B	3.20B	2.78B
Stockholders Equity	560.78M	570.46M	538.53M	527.38M	495.25M	453.24M
Cash Flow
Free Cash Flow	38.33M	137.74M	100.06M	-314.72M	536.29M	398.78M
Operating Cash Flow	57.33M	164.97M	116.67M	-292.45M	546.35M	408.07M
Investing Cash Flow	-45.53M	-26.89M	28.55M	-84.44M	-45.37M	-28.32M
Financing Cash Flow	-89.10M	-43.44M	-53.23M	-38.22M	14.02M	-31.49M

MLP AG Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.11
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 Negative. The current price of 7.11 is below the 20-day moving average (MA) of 7.24, below the 50-day MA of 7.18, and below the 200-day MA of 7.50, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 43.78 is Neutral, neither overbought nor oversold. The STOCH value of 31.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:MLP.

MLP AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MPCK	―	€170.96M	9.24	14.53%	5.57%	1.42%	8.56%
DBAN	―	€461.66M	14.62	4.79%	5.26%	-18.41%	-34.09%
MLP	―	€777.22M	12.93	10.62%	5.06%	7.26%	-1.13%
Sector *	―	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
MUX	―	€608.42M	15.86	4.23%	7.23%	14.56%	―
A7A	―	€135.41M	―	―	―	―	―
LQAG	―	€73.50M	―	-13.87%	―	10.82%	43.50%