Masterplast

MASTERPLAST Nyrt. Masterplast Nyrt is a Hungary-based company active in construction sector. The company is a producer and distributor of construction industry products. Its product portfolio includes facade insulation systems and components, roofing underlay and roofing accessories, bituminous corrugated sheets and shingles, thermal-sound and water insulation materials, dry construction elements, as well as plaster profiles and accessories, polypropylene foils and bags and foam tapes. It has two production plants, based in Kal, Hungary and Subotica, Serbia.The Company sells its products domesticaly and exports it to Estonia, France, Greece, the Netherlands, Italy, Latvia, Lithuania, the Russian Federation, Sloveania and Turkey.
  • TickerMASTERPLAST
  • ISINHU0000093943
  • ExchangeBudapest Stock Exchange
  • SectorConstruction & Materials
  • CountryHungary

Analysts

Hai Thanh Le Phuong

Masterplast - Remarkable Results On Hungary, EBITDA Margin Improves Further

Masterplast – Instant Earnings Comment Recommendation:  Accumulate (unch.) Target price (12M): Under Revision (unch.)   Masterplast reported revenues came strong in the seasonally strongest quarter, up by 10.8% y-o-y to EUR 31.4 mln. EBITDA came to EUR 2.6 mln, up by 21% y-o-y, as a result of higher revenues and lower other OPEX. EBITDA margin also improved accordingly to 8.4% from 7.8%. Revenues improved y-o-y by 10.8% on the back of strong Hungary (which contains partial contribution from newly acquired T-cell). Hungarian sales increased 31.9% y-o-y despite the mild deceleration in th...

Hai Thanh Le Phuong

Masterplast - Sound Q2 despite lower steam in growth - Instant Earnings Comment from Concorde Ltd. (Hungary)

  Masterplast - Instant Earnings Comment Recommendation: Accumulate (unch.) Target price (12M): Under revision (prev. 740) Masterplast reported EBITDA came to EUR 2.4 mln in the seasonally strong quarter, up 16.5% compared to the same period of last year, driven by revenues (+6.2%) and higher other operating income. While revenues remained solid, this was somewhat under the budget according to the Company”s comment due to bad weather conditions, lower production in Serbia and decline in packaging materials demand. Due to increasing commercial margins, EBITDA margin also improved to 8.4%...

Hai Thanh Le Phuong

Masterplast - Good results reflect tailwind

Masterplast doubled its net profit y-o-y in the seasonally strong quarter, amounting to EUR 1.6 mln. Astonishing results were attributed to solid sales (+13.9% y-o-y) and improving EBITDA margin thanks to change in inventories.

Hai Thanh Le Phuong

Masterplast - It’s a full house

We assign an Accumulate rating on Masterplast with a 12M price of HUF 650 after adjusting our DCF valuation for a small-cap discount.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Hai Thanh Le Phuong

Masterplast - Remarkable Results On Hungary, EBITDA Margin Improves Further

Masterplast – Instant Earnings Comment Recommendation:  Accumulate (unch.) Target price (12M): Under Revision (unch.)   Masterplast reported revenues came strong in the seasonally strongest quarter, up by 10.8% y-o-y to EUR 31.4 mln. EBITDA came to EUR 2.6 mln, up by 21% y-o-y, as a result of higher revenues and lower other OPEX. EBITDA margin also improved accordingly to 8.4% from 7.8%. Revenues improved y-o-y by 10.8% on the back of strong Hungary (which contains partial contribution from newly acquired T-cell). Hungarian sales increased 31.9% y-o-y despite the mild deceleration in th...

Hai Thanh Le Phuong

Masterplast - Sound Q2 despite lower steam in growth - Instant Earnings Comment from Concorde Ltd. (Hungary)

  Masterplast - Instant Earnings Comment Recommendation: Accumulate (unch.) Target price (12M): Under revision (prev. 740) Masterplast reported EBITDA came to EUR 2.4 mln in the seasonally strong quarter, up 16.5% compared to the same period of last year, driven by revenues (+6.2%) and higher other operating income. While revenues remained solid, this was somewhat under the budget according to the Company”s comment due to bad weather conditions, lower production in Serbia and decline in packaging materials demand. Due to increasing commercial margins, EBITDA margin also improved to 8.4%...

Hai Thanh Le Phuong

Masterplast - Good results reflect tailwind

Masterplast doubled its net profit y-o-y in the seasonally strong quarter, amounting to EUR 1.6 mln. Astonishing results were attributed to solid sales (+13.9% y-o-y) and improving EBITDA margin thanks to change in inventories.

Hai Thanh Le Phuong

Masterplast - It’s a full house

We assign an Accumulate rating on Masterplast with a 12M price of HUF 650 after adjusting our DCF valuation for a small-cap discount.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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