Medibank Private Limited (MPL) - Research

$3.430 0.05 (1.44%)

MPL General Information +

ASX Code MPL
Website http://www.medibank.com.au
GICS Sub-Industry Life & Health Insurance
Market Cap ($M) 9,446
Current Price $3.430
Day High $3.510
Day Low $3.420
Last Close $3.480
Price Movement $0.05 ( 1.44% )
Prices as at 16:40, 20 Sep 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Medibank Private Limited (MPL)
BUY
below
HOLD
up to
SELL
above
Current Price
$3.430 as at 16:40, 20 Sep 2019

Price at review
$3.430 on 09 Sep 19

Business Risk

Share Price Risk

MPL Related Research

MPL Company Overview

Business Description

Medibank Private Limited (MPL) core business is the underwriting and distribution of PHI policies through its two brands, Medibank and AHM. It offers Hospital Cover and Extras Cover to customers in Australia as well as health insurance to overseas visitors and students. It also participates in the broader healthcare industry through the provision of integrated healthcare services to Policyholders, government, corporate and other customers.

MPL Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2021 F 460.38 16.72 4.20% 20.51 14.00 4.08% 100.0%
2020 F 441.96 16.05 -3.70% 21.37 13.50 3.94% 100.0%
2019 A 458.70 16.66 3.10% 17.19 15.60 5.45% 100.0%

MPL Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2019 A 2020 F 2021 F 2019 A 2020 F 2021 F 2019 A 2020 F 2021 F
Medibank Private (MPL) $9,584M -0.0167 0.0038 0.0182 21.9006 21.8182 21.4286 4.48% 3.79% 3.82%
NIB Holdings (NHF) $3,389M 0.1131 -0.0064 0.0589 21.5402 21.6783 20.4733 3.09% 2.90% 3.15%

MPL Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.18 21.60 4.88 19.70
Market 0.64 17.80 1.26 1.32
Sector 1.09 21.30 2.55 1.50

MPL Directors

Name Position Start Date
Mr Craig Drummond Chief Executive Officer, Managing Director 4 Jul 2016
Mr Michael (Mike) John Wilkins Non-Executive Director 25 May 2017
Mrs Linda Bardo Nicholls Non-Executive Director 31 Mar 2014
Ms Christine O'Reilly Non-Executive Director 31 Mar 2014
Mr Peter Hodgett Non-Executive Director 21 Jun 2013
Mr David Fagan Non-Executive Director 31 Mar 2014
Ms Anna Bligh Non-Executive Director 21 Dec 2014
Dr Tracey Batten Non-Executive Director 28 Aug 2017
Ms Elizabeth Anne Alexander Non-Executive Director, Non-Executive Chairman 23 Oct 2008

MPL Management

Name Position
David Koczkar Group Executive - Chief Customer Officer
Mark Rogers Group Executive - Chief Financial Officer
Andrew Wilson Group Executive - Healthcare & Strategy
Kylie Bishop Group Executive - People & Culture
John Goodall Group Executive - Technology & Operations
Mei Ramsay Group General Counsel,Company Secretary

MPL Substantial Shareholders

Holding Name
232,508,840 (8.44%) Perpetual Limited and subsidiaries
166,096,036 (6.03%) BlackRock Group

MPL Calendar of Events

Date Event
15 September 2020 Report (Annual)
20 August 2020 Report (Prelim)
14 February 2020 Report (Interim)
26 September 2019 Div Pay Date

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.