Stock Analysis Request: Mayr-Melnhof Karton AG
I have received a request to do a stock analysis on Mayr-Melnhof Karton AG, so here it is:
Mayr-Melnhof Karton AG is an Austrian producer of recycled, fiber-based carton board and folding cartons. The Company also produces packaging for cigarettes and
confectionary. Its operations are concentrated on two core business divisions: MM-Karton and MM-Packaging. MM-Karton produces approximately 1.7 million tons of carton board from recycled fibers at nine mills across Europe every year. The division is also active in the production of carton board from virgin fibers. At 25 locations across Europe and North Africa, the MM-Packaging division converts carton board into folding cartons, micro flute packaging, flexible packaging, multipack sleeves and point-of-sale display boards, which are sold predominantly to multinational companies producing branded goods. During the fiscal year ended December 31, 2006, the MM-Packaging Division acquired a controlling interest in Russian packaging producer Polygrafoformlenie. Mayr-Melnhof Karton AG is headquartered in Vienna.
Fundamental Analysis
The stock looks fundamentally strong for the following reasons :
- strong earnings on the most recent quarter (Sep 2007) versus the same quarter last year
- increasing earnings year over year (last 3 years)
- increasing sales and revenue
- EPS growth of 14.21 indicates a Growth company
(Click the images to see it bigger)
Profitability
How dos it compares to it’s peers?
Technical Analysis
Long Term - 3 Years
Short Term - 6 Months
Overall a very strong stock and if it goes above $ 82 EUR I’d say buy more, but should sell if it drops to the $ 70 EUR again. I rate this stock 85 out of 90.
Agree? Disagree? Use the comments link to express your opinion.
December 14th, 2007 at 9:43 am
TFG, one of the most excellent analysis I’ve seen in a long time, perfect combination of fundamental + technicals. Congratulations and thanks for sharing with us.