Pomanda estimates the enterprise value of MORGAN ADVANCED MATERIALS PLC at £747.1m based on a Turnover of £1.1b and 0.67x industry multiple (adjusted for size and gross margin).
morgan advanced materials plcEstimated Valuation
£635m
Pomanda estimates the enterprise value of MORGAN ADVANCED MATERIALS PLC at £635m based on an EBITDA of £123.8m and a 5.13x industry multiple (adjusted for size and gross margin).
morgan advanced materials plcEstimated Valuation
£716.6m
Pomanda estimates the enterprise value of MORGAN ADVANCED MATERIALS PLC at £716.6m based on Net Assets of £360.3m and 1.99x industry multiple (adjusted for liquidity).
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Morgan Advanced Materials PlcOverview
Morgan Advanced Materials Plc is a live company located in windsor, SL4 1DD with a Companies House number of 00286773. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 1934, it's largest shareholder is
unknown.
Morgan Advanced Materials Plc is a mature,
mega sized company, Pomanda has estimated its turnover at
£1.1b with
healthy
growth in recent years.
Pomanda's financial health check has awarded Morgan Advanced Materials Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
4 Regular
4 Weak
Size
annual sales of £1.1b, make it larger than the average company (£20.2m)
£1.1b - Morgan Advanced Materials Plc
£20.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (7.3%)
7% - Morgan Advanced Materials Plc
7.3% - Industry AVG
Production
with a gross margin of 8.5%, this company has a higher cost of product (33.7%)
8.5% - Morgan Advanced Materials Plc
33.7% - Industry AVG
Profitability
an operating margin of 8.2% make it more profitable than the average company (5.8%)
8.2% - Morgan Advanced Materials Plc
5.8% - Industry AVG
Employees
with 8970 employees, this is above the industry average (110)
8970 - Morgan Advanced Materials Plc
110 - Industry AVG
Pay Structure
on an average salary of £44.7k, the company has an equivalent pay structure (£49.9k)
£44.7k - Morgan Advanced Materials Plc
£49.9k - Industry AVG
Efficiency
resulting in sales per employee of £124.3k, this is less efficient (£204.5k)
£124.3k - Morgan Advanced Materials Plc
£204.5k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (45 days)
52 days - Morgan Advanced Materials Plc
45 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (42 days)
27 days - Morgan Advanced Materials Plc
42 days - Industry AVG
Stock Days
it holds stock equivalent to 62 days, this is more than average (48 days)
62 days - Morgan Advanced Materials Plc
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 27 weeks, this is more cash available to meet short term requirements (15 weeks)
27 weeks - Morgan Advanced Materials Plc
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.1%, this is a similar level of debt than the average (55.7%)
61.1% - Morgan Advanced Materials Plc
55.7% - Industry AVG
MORGAN ADVANCED MATERIALS PLC financials
EXPORT
Morgan Advanced Materials Plc's latest turnover from December 2023 is £1.1 billion and the company has net assets of £360.3 million. According to their latest financial statements, Morgan Advanced Materials Plc has 8,970 employees and maintains cash reserves of £124.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Jan 2012
Dec 2011
Jan 2011
Jan 2010
Turnover
1,114,700,000
1,112,100,000
950,500,000
910,700,000
1,049,500,000
1,033,900,000
1,001,400,000
989,200,000
911,800,000
921,700,000
957,800,000
1,007,500,000
1,101,000,000
1,101,000,000
1,017,100,000
942,600,000
Other Income Or Grants
Cost Of Sales
1,020,300,000
740,379,407
639,875,572
614,755,545
705,869,782
697,186,925
677,385,442
667,093,936
620,877,960
638,276,738
665,723,851
701,390,696
768,052,786
767,945,922
703,506,886
652,514,292
Gross Profit
94,400,000
371,720,593
310,624,428
295,944,455
343,630,218
336,713,075
324,014,558
322,106,064
290,922,040
283,423,262
292,076,149
306,109,304
332,947,214
333,054,078
313,593,114
290,085,708
Admin Expenses
2,500,000
230,920,593
197,524,428
297,744,455
217,530,218
229,413,075
157,614,558
214,806,064
208,022,040
229,123,262
202,476,149
206,709,304
199,747,214
199,854,078
219,993,114
229,385,708
Operating Profit
91,900,000
140,800,000
113,100,000
-1,800,000
126,100,000
107,300,000
166,400,000
107,300,000
82,900,000
54,300,000
89,600,000
99,400,000
133,200,000
133,200,000
93,600,000
60,700,000
Interest Payable
18,000,000
10,800,000
10,000,000
12,800,000
18,800,000
14,500,000
24,300,000
22,300,000
20,600,000
22,900,000
24,600,000
24,300,000
49,500,000
49,500,000
54,900,000
53,700,000
Interest Receivable
3,900,000
1,600,000
800,000
900,000
1,900,000
1,300,000
1,800,000
2,300,000
2,500,000
2,100,000
1,300,000
1,600,000
27,700,000
27,700,000
29,000,000
24,400,000
Pre-Tax Profit
77,800,000
131,600,000
104,300,000
-13,100,000
109,700,000
94,900,000
136,800,000
87,900,000
59,000,000
31,500,000
64,000,000
76,700,000
111,400,000
111,400,000
67,700,000
31,400,000
Tax
-22,200,000
-36,000,000
-28,200,000
-6,900,000
-29,900,000
-30,700,000
-21,900,000
-29,400,000
-20,900,000
-19,200,000
-19,300,000
-21,600,000
-32,600,000
-32,600,000
-19,700,000
-8,700,000
Profit After Tax
55,600,000
95,600,000
76,100,000
-20,000,000
79,800,000
64,200,000
114,900,000
58,500,000
38,100,000
12,300,000
44,700,000
55,100,000
78,800,000
78,800,000
48,000,000
22,700,000
Dividends Paid
42,300,000
11,200,000
31,300,000
34,000,000
41,200,000
35,600,000
35,200,000
35,000,000
20,900,000
18,400,000
18,900,000
13,400,000
Retained Profit
3,600,000
76,800,000
68,100,000
-24,500,000
41,800,000
30,200,000
67,400,000
16,700,000
-1,300,000
-27,200,000
44,700,000
76,100,000
52,100,000
60,400,000
23,600,000
9,300,000
Employee Costs
401,100,000
375,700,000
333,600,000
334,500,000
366,000,000
358,400,000
348,600,000
332,700,000
299,700,000
294,300,000
294,300,000
304,100,000
318,300,000
318,300,000
298,200,000
268,500,000
Number Of Employees
8,970
8,230
7,620
8,010
8,620
8,840
5,981
8,850
8,950
9,044
9,572
10,033
10,028
10,028
9,611
9,788
EBITDA*
123,800,000
183,600,000
154,100,000
40,100,000
176,600,000
146,600,000
203,700,000
141,100,000
117,100,000
120,300,000
127,200,000
137,700,000
172,900,000
149,900,000
133,900,000
108,400,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Jan 2012
Dec 2011
Jan 2011
Jan 2010
Tangible Assets
334,600,000
350,600,000
317,600,000
347,100,000
390,500,000
333,600,000
318,900,000
320,500,000
271,800,000
259,700,000
277,600,000
296,100,000
311,200,000
311,200,000
316,800,000
322,700,000
Intangible Assets
213,800,000
189,000,000
183,100,000
185,400,000
204,800,000
215,600,000
217,000,000
240,400,000
229,800,000
235,300,000
249,500,000
265,100,000
283,300,000
283,300,000
285,000,000
296,900,000
Investments & Other
2,200,000
7,200,000
6,500,000
5,900,000
6,600,000
6,000,000
5,400,000
6,200,000
3,700,000
5,400,000
6,100,000
6,100,000
7,100,000
7,200,000
Debtors (Due After 1 year)
21,000,000
18,500,000
18,800,000
18,400,000
11,700,000
6,300,000
4,700,000
5,300,000
4,000,000
2,100,000
Total Fixed Assets
530,800,000
524,300,000
481,900,000
514,100,000
589,300,000
549,200,000
535,900,000
560,900,000
501,600,000
495,000,000
527,100,000
561,200,000
594,500,000
594,500,000
601,800,000
619,600,000
Stock & work in progress
175,100,000
174,200,000
140,700,000
122,400,000
142,300,000
145,300,000
141,600,000
148,200,000
129,200,000
126,600,000
118,900,000
139,900,000
166,600,000
166,600,000
161,000,000
146,300,000
Trade Debtors
160,300,000
171,600,000
139,200,000
124,400,000
162,000,000
177,800,000
174,900,000
184,500,000
155,900,000
170,500,000
167,500,000
169,800,000
10,400,000
160,700,000
144,500,000
Group Debtors
1,500,000
165,500,000
Misc Debtors
31,300,000
30,900,000
22,200,000
19,200,000
19,000,000
22,700,000
19,500,000
21,200,000
18,500,000
21,900,000
20,700,000
19,900,000
25,500,000
184,900,000
24,000,000
21,300,000
Cash
124,500,000
117,700,000
127,300,000
147,800,000
132,800,000
67,600,000
50,400,000
122,400,000
49,800,000
63,000,000
76,000,000
80,000,000
83,400,000
83,400,000
85,000,000
107,600,000
misc current assets
1,500,000
1,300,000
600,000
1,000,000
1,500,000
1,900,000
7,400,000
2,100,000
2,000,000
10,500,000
1,700,000
1,800,000
1,600,000
1,600,000
700,000
1,900,000
total current assets
493,900,000
496,000,000
430,600,000
416,400,000
459,900,000
415,300,000
393,800,000
478,400,000
355,400,000
394,000,000
384,800,000
407,100,000
446,900,000
446,900,000
431,400,000
421,600,000
total assets
1,024,700,000
1,020,300,000
912,500,000
930,500,000
1,049,200,000
964,500,000
929,700,000
1,039,300,000
857,000,000
889,000,000
911,900,000
968,300,000
1,041,400,000
1,041,400,000
1,033,200,000
1,041,200,000
Bank overdraft
600,000
36,100,000
71,300,000
113,400,000
82,600,000
160,900,000
61,000,000
7,800,000
1,200,000
Bank loan
5,300,000
4,500,000
900,000
Trade Creditors
78,100,000
78,600,000
300,000
300,000
1,200,000
300,000
200,000
95,600,000
500,000
300,000
251,300,000
265,400,000
96,600,000
Group/Directors Accounts
other short term finances
600,000
800,000
39,000,000
8,400,000
5,900,000
11,500,000
5,800,000
10,900,000
hp & lease commitments
10,500,000
10,500,000
9,800,000
11,500,000
11,700,000
200,000
37,100,000
300,000
500,000
700,000
other current liabilities
150,300,000
158,200,000
217,400,000
195,800,000
209,400,000
224,500,000
225,400,000
225,700,000
100,100,000
213,200,000
190,700,000
204,900,000
24,000,000
275,300,000
24,200,000
174,800,000
total current liabilities
239,500,000
283,400,000
227,800,000
279,700,000
334,800,000
308,500,000
264,700,000
386,800,000
204,100,000
250,800,000
252,000,000
212,700,000
286,800,000
286,800,000
300,400,000
285,100,000
loans
691,400,000
543,000,000
428,000,000
441,200,000
458,600,000
329,600,000
385,400,000
408,300,000
514,800,000
465,800,000
403,000,000
530,000,000
574,600,000
574,600,000
620,800,000
697,500,000
hp & lease commitments
36,600,000
41,400,000
40,000,000
43,100,000
52,600,000
300,000
600,000
Accruals and Deferred Income
600,000
other liabilities
27,600,000
1,500,000
2,400,000
4,900,000
2,500,000
2,500,000
3,400,000
1,800,000
700,000
800,000
146,000,000
4,800,000
10,500,000
145,600,000
13,600,000
137,600,000
provisions
26,600,000
67,400,000
237,400,000
370,600,000
341,800,000
423,000,000
469,200,000
563,400,000
416,800,000
433,600,000
76,600,000
428,400,000
373,200,000
103,000,000
313,400,000
106,000,000
total long term liabilities
386,600,000
307,300,000
335,100,000
410,800,000
402,700,000
378,800,000
430,700,000
487,800,000
466,500,000
450,500,000
385,800,000
484,000,000
484,400,000
484,400,000
480,700,000
541,500,000
total liabilities
626,100,000
590,700,000
562,900,000
690,500,000
737,500,000
687,300,000
695,400,000
874,600,000
670,600,000
701,300,000
637,800,000
696,700,000
771,200,000
771,200,000
781,100,000
826,600,000
net assets
360,300,000
389,000,000
310,600,000
202,300,000
270,200,000
232,800,000
195,200,000
120,800,000
149,800,000
151,200,000
238,100,000
233,800,000
229,400,000
270,200,000
215,000,000
184,600,000
total shareholders funds
360,300,000
389,000,000
310,600,000
202,300,000
270,200,000
232,800,000
195,200,000
120,800,000
149,800,000
151,200,000
238,100,000
233,800,000
229,400,000
270,200,000
215,000,000
184,600,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Jan 2012
Dec 2011
Jan 2011
Jan 2010
Operating Activities
Operating Profit
91,900,000
140,800,000
113,100,000
-1,800,000
126,100,000
107,300,000
166,400,000
107,300,000
82,900,000
54,300,000
89,600,000
99,400,000
133,200,000
133,200,000
93,600,000
60,700,000
Depreciation
31,900,000
38,100,000
38,000,000
41,900,000
42,400,000
31,300,000
30,000,000
17,400,000
27,100,000
30,900,000
29,300,000
30,000,000
31,400,000
8,400,000
32,300,000
31,400,000
Amortisation
4,700,000
3,000,000
8,100,000
8,000,000
7,300,000
16,400,000
7,100,000
35,100,000
8,300,000
8,300,000
8,300,000
8,300,000
8,000,000
16,300,000
Tax
-22,200,000
-36,000,000
-28,200,000
-6,900,000
-29,900,000
-30,700,000
-21,900,000
-29,400,000
-20,900,000
-19,200,000
-19,300,000
-21,600,000
-32,600,000
-32,600,000
-19,700,000
-8,700,000
Stock
900,000
33,500,000
18,300,000
-19,900,000
-3,000,000
3,700,000
-6,600,000
19,000,000
2,600,000
7,700,000
-21,000,000
-26,700,000
20,300,000
14,700,000
146,300,000
Debtors
-8,400,000
40,800,000
18,200,000
-30,700,000
-14,100,000
12,400,000
-16,000,000
30,700,000
-18,200,000
9,700,000
2,800,000
-9,900,000
27,400,000
16,800,000
167,900,000
Creditors
-500,000
78,600,000
-300,000
-900,000
900,000
100,000
-95,400,000
95,100,000
200,000
300,000
251,300,000
-96,600,000
168,800,000
96,600,000
Accruals and Deferred Income
-8,500,000
-58,600,000
21,600,000
-13,600,000
-15,100,000
-900,000
-300,000
125,600,000
-113,100,000
22,500,000
-14,200,000
-70,400,000
-251,300,000
100,500,000
-150,600,000
174,800,000
Deferred Taxes & Provisions
-40,800,000
-170,000,000
-133,200,000
28,800,000
-81,200,000
-46,200,000
-94,200,000
146,600,000
-16,800,000
357,000,000
-351,800,000
325,400,000
270,200,000
-3,000,000
207,400,000
106,000,000
Cash flow from operations
59,300,000
-76,700,000
-22,500,000
99,000,000
66,600,000
53,600,000
110,000,000
238,800,000
77,000,000
463,400,000
-239,600,000
407,700,000
410,500,000
70,500,000
308,300,000
162,900,000
Investing Activities
capital expenditure
-40,700,000
-81,700,000
-9,200,000
20,900,000
-96,600,000
-52,600,000
-12,300,000
-93,100,000
-40,800,000
-33,900,000
-3,500,000
-5,000,000
-39,700,000
8,400,000
-22,500,000
-667,300,000
Change in Investments
2,200,000
-7,200,000
700,000
600,000
-700,000
600,000
600,000
-800,000
2,500,000
-1,700,000
-700,000
-1,100,000
-100,000
7,200,000
cash flow from investments
-42,900,000
-81,700,000
-2,000,000
20,200,000
-97,200,000
-51,900,000
-12,900,000
-93,700,000
-40,000,000
-36,400,000
-1,800,000
-4,300,000
-39,700,000
9,500,000
-22,400,000
-674,500,000
Financing Activities
Bank loans
5,300,000
-900,000
3,600,000
900,000
Group/Directors Accounts
Other Short Term Loans
-600,000
-200,000
800,000
-39,000,000
39,000,000
-8,400,000
8,400,000
-11,500,000
-5,600,000
600,000
-5,100,000
10,900,000
Long term loans
148,400,000
115,000,000
-13,200,000
-17,400,000
129,000,000
-55,800,000
-22,900,000
-106,500,000
49,000,000
62,800,000
-127,000,000
-44,600,000
-122,900,000
-76,700,000
697,500,000
Hire Purchase and Lease Commitments
-4,800,000
2,100,000
-4,800,000
-9,700,000
64,100,000
200,000
-37,100,000
37,100,000
600,000
-700,000
400,000
700,000
other long term liabilities
26,100,000
-900,000
-2,500,000
2,400,000
-900,000
1,600,000
1,100,000
-100,000
-145,200,000
141,200,000
-140,800,000
-135,100,000
8,000,000
-124,000,000
137,600,000
share issue
-32,300,000
1,600,000
40,200,000
-43,400,000
-4,400,000
7,400,000
7,000,000
-45,700,000
-100,000
-59,700,000
-40,400,000
-112,500,000
-92,900,000
25,200,000
6,800,000
175,300,000
interest
-14,100,000
-9,200,000
-9,200,000
-11,900,000
-16,900,000
-13,200,000
-22,500,000
-20,000,000
-18,100,000
-20,800,000
-23,300,000
-22,700,000
-21,800,000
-21,800,000
-25,900,000
-29,300,000
cash flow from financing
123,300,000
108,000,000
10,300,000
-79,200,000
171,800,000
-101,300,000
2,200,000
-179,500,000
2,000,000
-125,800,000
-49,500,000
-332,100,000
-249,500,000
-112,500,000
-220,900,000
993,600,000
cash and cash equivalents
cash
6,800,000
-9,600,000
-20,500,000
15,000,000
65,200,000
17,200,000
-72,000,000
72,600,000
-13,200,000
-13,000,000
-4,000,000
-3,400,000
-24,200,000
-22,600,000
107,600,000
overdraft
-35,500,000
36,100,000
-71,300,000
-42,100,000
30,800,000
82,600,000
-160,900,000
160,900,000
-61,000,000
53,200,000
7,800,000
-1,200,000
-1,200,000
1,200,000
change in cash
42,300,000
-45,700,000
50,800,000
57,100,000
34,400,000
-65,400,000
88,900,000
-88,300,000
-13,200,000
48,000,000
-57,200,000
-11,200,000
-23,000,000
-21,400,000
106,400,000
morgan advanced materials plc Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for morgan advanced materials plc. Get real-time insights into morgan advanced materials plc's credit score, group structure and payment trends.
Perform a competitor analysis for morgan advanced materials plc by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in SL4 area or any other competitors across 12 key performance metrics.
morgan advanced materials plc Ownership
MORGAN ADVANCED MATERIALS PLC group structure
Morgan Advanced Materials Plc has 16 subsidiary companies.
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 5 charges/mortgages relating to morgan advanced materials plc. Currently there are 1 open charges and 4 have been satisfied in the past.
morgan advanced materials plc Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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morgan advanced materials plcCompanies House Filings - See Documents
