MGEE
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 28.22 | 22.25 | 22.93 | 28.17 |
| Price to Sales | 5.03 | 3.79 | 3.56 | 4.90 |
| Book Value Per Common Share | 33.71 | 31.53 | 29.91 | 28.41 |
| Price to Book | 2.79 | 2.29 | 2.35 | 2.89 |
| Price to Operating Cash Flow | 12.25 | 11.01 | 16.56 | 21.63 |
| Price to Free Cash Flow | 83.27 | 168.83 | -119.54 | -190.17 |
| Enterprise Value to EBITDA | 125741.80 | 94651.14 | 102094.33 | 140989.48 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 69.00 | 121.15 | 81.54 | 154.03 | 80.93 |
| Price to Sales | 17.51 | 20.27 | 15.50 | 19.90 | 19.64 |
| Book Value Per Common Share | 35.51 | 34.75 | 34.46 | 33.71 | 33.01 |
| Price to Book | 2.37 | 2.54 | 2.70 | 2.79 | 2.77 |
| Price to Operating Cash Flow | 32.44 | 57.61 | 43.59 | 50.21 | 41.67 |
| Price to Free Cash Flow | -62.71 | -403.47 | 112.35 | -694.46 | 122.74 |
| Enterprise Value to EBITDA | 342638.70 | 487576.28 | 408499.74 | 563519.33 | 413448.88 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | 2.46 | 5.86 | 5.14 | |
| Revenue YoY | -1.95 | -3.37 | 17.79 | |
| EBITDA YoY | -1.31 | 10.79 | 18.20 | |
| Net Profit YoY | 2.44 | 6.08 | 4.91 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | 67.12 | -35.96 | 86.89 | -46.02 | |
| Revenue YoY | 10.18 | -27.18 | 27.74 | 1.74 | |
| EBITDA YoY | 35.45 | -20.28 | 36.66 | -24.02 | |
| Net Profit YoY | 67.93 | -36.29 | 88.87 | -46.21 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 0.59 | 0.31 | 0.32 | 0.48 |
| Quick Ratio | 0.94 | 0.68 | 0.54 | 0.97 |
| Current Ratio | 1.81 | 1.52 | 1.08 | 1.69 |
| Debt to Equity | 1.30 | 1.35 | 1.33 | 1.31 |
| Long-Term Debt to Equity | 1.20 | 1.21 | 1.12 | 1.19 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.28 | 0.29 | 0.97 | 0.59 | 0.41 |
| Quick Ratio | 0.42 | 0.86 | 1.17 | 0.94 | 0.67 |
| Current Ratio | 0.91 | 1.81 | 2.07 | 1.81 | 1.41 |
| Debt to Equity | 1.30 | 1.25 | 1.26 | 1.30 | 1.30 |
| Long-Term Debt to Equity | 1.14 | 1.17 | 1.17 | 1.20 | 1.18 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 4.26 | 4.40 | 4.41 | 4.46 |
| ROE | 9.80 | 10.32 | 10.26 | 10.29 |
| Gross Margin | 41.19 | 38.97 | 34.14 | 35.21 |
| Operating Margin | 24.24 | 25.48 | 22.93 | 22.09 |
| EBITDA Margin | 40.28 | 40.02 | 34.90 | 34.78 |
| Net Profit Margin | 17.81 | 17.05 | 15.53 | 17.44 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 1.49 | 0.93 | 1.46 | 0.78 | 1.49 |
| ROE | 3.43 | 2.09 | 3.30 | 1.79 | 3.43 |
| Gross Margin | 48.96 | 42.96 | 35.90 | 48.28 | |
| Operating Margin | 34.70 | 23.79 | 25.33 | 19.19 | 31.45 |
| EBITDA Margin | 51.10 | 41.57 | 37.97 | 35.50 | 47.53 |
| Net Profit Margin | 25.33 | 16.62 | 18.99 | 12.85 | 24.30 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio | 52.75 | 51.31 | 51.82 | 51.80 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio | 39.01 | 62.06 | 39.50 | 74.41 | 39.77 |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 2,827,959.00 | 2,675,458.00 | 2,517,600.00 | 2,371,906.00 |
| Current Assets | 227,265.00 | 238,197.00 | 243,480.00 | 199,371.00 |
| Cash and Short-Term Investments | 21,302.00 | 11,140.00 | 11,604.00 | 17,438.00 |
| Cash and Cash Equivalents | 21,302.00 | 11,140.00 | 11,604.00 | 17,438.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 97,177.00 | 95,533.00 | 109,911.00 | 97,111.00 |
| Inventory | 67,645.00 | 72,648.00 | 74,275.00 | 51,960.00 |
| Other Current Assets | 41,141.00 | 58,876.00 | 47,690.00 | 32,862.00 |
| Non-Current Assets | 2,600,694.00 | 2,437,261.00 | 2,274,120.00 | 2,172,535.00 |
| Property, Plant, Equipment Net | 2,287,346.00 | 2,128,212.00 | 1,971,100.00 | 1,878,774.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 118,035.00 | 112,823.00 | 105,883.00 | 98,754.00 |
| Non-Current Deferred Assets | 0 | 0 | 23,809.00 | 27,548.00 |
| Other Non-Current Assets | 0 | 0 | 173,328.00 | 167,459.00 |
| Liabilities | 1,597,821.00 | 1,535,385.00 | 1,435,926.00 | 1,344,438.00 |
| Current Liabilities | 125,563.00 | 157,156.00 | 225,062.00 | 117,847.00 |
| Payables and Expenses | 104,894.00 | 90,711.00 | 80,266.00 | 87,485.00 |
| Account Payables | 77,466.00 | 65,451.00 | 59,334.00 | 64,149.00 |
| Current Accrued Liabilities | 27,428.00 | 25,260.00 | 20,932.00 | 23,336.00 |
| Short-Term Debt | 5,285.00 | 43,146.00 | 124,814.00 | 10,389.00 |
| Other Current Liabilities | 15,384.00 | 23,299.00 | 19,982.00 | 19,973.00 |
| Non-Current Liabilities | 1,472,258.00 | 1,378,229.00 | 1,210,864.00 | 1,226,591.00 |
| Long-Term Debt | 782,163.00 | 736,861.00 | 602,354.00 | 631,533.00 |
| Other Non-Current Liabilities | 690,095.00 | 641,368.00 | 608,510.00 | 595,058.00 |
| Equity | 1,230,138.00 | 1,140,073.00 | 1,081,674.00 | 1,027,468.00 |
| Shareholders Equity | 1,230,138.00 | 1,140,073.00 | 1,081,674.00 | 1,027,468.00 |
| Capital Stock | 36,490.00 | 36,163.00 | 36,163.00 | 36,163.00 |
| Share Premium | 429,515.00 | 396,750.00 | 395,657.00 | 394,903.00 |
| Retained Earnings | 764,133.00 | 707,160.00 | 649,854.00 | 596,402.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 787,448.00 | 780,007.00 | 727,168.00 | 641,922.00 |
| Net Debt | 747,680.00 | 750,828.00 | 698,456.00 | 607,162.00 |
| Common Shares Outstanding | 36,490.00 | 36,163.37 | 36,163.00 | 36,163.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 676,944.00 | 690,431.00 | 714,519.00 | 606,584.00 |
| Cost Of Revenue | 398,115.00 | 421,389.00 | 470,595.00 | 393,034.00 |
| Gross Profit | 278,829.00 | 269,042.00 | 243,924.00 | 213,550.00 |
| Operating Expenses | 132,567.00 | 122,657.00 | 106,181.00 | 96,256.00 |
| Operating Income | 146,262.00 | 146,385.00 | 137,743.00 | 117,294.00 |
| Net Non-Operating Income | 17,833.00 | 29,546.00 | 26,080.00 | 16,694.00 |
| Interest Expense | 32,930.00 | 30,429.00 | 26,647.00 | 24,112.00 |
| EBT | 131,165.00 | 145,502.00 | 137,176.00 | 109,876.00 |
| Income Tax | 10,596.00 | 27,803.00 | 26,224.00 | 4,115.00 |
| Net Income Including Non-Controlling Interests | 120,569.00 | 117,699.00 | 110,952.00 | 105,761.00 |
| Net Income | 120,569.00 | 117,699.00 | 110,952.00 | 105,761.00 |
| EBIT | 164,095.00 | 175,931.00 | 163,823.00 | 133,988.00 |
| Deprecation and Amortization | 108,581.00 | 100,352.00 | 85,549.00 | 76,983.00 |
| EBITDA | 272,676.00 | 276,283.00 | 249,372.00 | 210,971.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 36,210.00 | 36,163.00 | 36,163.00 | 36,163.00 |
| Average Shares Outstanding Diluted | 36,239.00 | 36,186.00 | 36,174.00 | 36,167.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 277,784.00 | 237,561.00 | 153,735.00 | 137,527.00 |
| Operating Net Income | 120,569.00 | 117,699.00 | 110,952.00 | 105,761.00 |
| Deprecation and Amortization | 108,581.00 | 100,352.00 | 85,549.00 | 76,983.00 |
| Deferred Income Tax | 608.00 | 22,999.00 | 23,435.00 | 4,837.00 |
| Share Based Compensation | 0 | 0 | 0 | 0 |
| Change in Working Capital | 48,300.00 | 10,801.00 | -48,934.00 | -41,148.00 |
| Other Operating Activities | -274.00 | -14,290.00 | -17,267.00 | -8,906.00 |
| Investing Cash Flow | -241,487.00 | -230,020.00 | -180,145.00 | -156,975.00 |
| Capital Expenditure | -236,925.00 | -222,071.00 | -175,030.00 | -153,169.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | -4,792.00 | -6,995.00 | -5,185.00 | -4,027.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | 230.00 | -954.00 | 70.00 | 221.00 |
| Financing Cash Flow | -26,827.00 | -10,483.00 | 25,543.00 | -8,756.00 |
| Net Issuance/Repayment of Debt | 6,854.00 | 52,486.00 | 85,111.00 | 48,229.00 |
| Net Issuance/Repurchase of Equity | 31,605.00 | 0 | 0 | 0 |
| Dividends Paid | -63,596.00 | -60,393.00 | -57,500.00 | -54,788.00 |
| Other Financing Activities | -1,690.00 | -2,576.00 | -2,068.00 | -2,197.00 |
| Net Change in Cash | 9,470.00 | -2,942.00 | -867.00 | -28,204.00 |
| Cash at Beginning of Period | 15,026.00 | 17,968.00 | 18,835.00 | 47,039.00 |
| Cash at End of Period | 24,496.00 | 15,026.00 | 17,968.00 | 18,835.00 |
| Free Cash Flow | 40,859.00 | 15,490.00 | -21,295.00 | -15,642.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 2,990,736.00 | 2,860,537.00 | 2,841,377.00 | 2,827,959.00 | 2,749,325.00 |
| Current Assets | 195,026.00 | 198,252.00 | 222,346.00 | 227,265.00 | 210,325.00 |
| Cash and Short-Term Investments | 10,141.00 | 10,569.00 | 35,307.00 | 21,302.00 | 14,875.00 |
| Cash and Cash Equivalents | 10,141.00 | 10,569.00 | 35,307.00 | 21,302.00 | 14,875.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 81,203.00 | 83,362.00 | 90,588.00 | 97,177.00 | 85,295.00 |
| Inventory | 68,126.00 | 66,207.00 | 61,724.00 | 67,645.00 | 69,414.00 |
| Other Current Assets | 35,556.00 | 38,114.00 | 34,727.00 | 41,141.00 | 40,741.00 |
| Non-Current Assets | 2,795,710.00 | 2,662,285.00 | 2,619,031.00 | 2,600,694.00 | 2,539,000.00 |
| Property, Plant, Equipment Net | 2,468,731.00 | 2,340,734.00 | 2,298,072.00 | 2,287,346.00 | 2,232,552.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 126,963.00 | 123,670.00 | 120,287.00 | 118,035.00 | 116,405.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 200,016.00 | 197,881.00 | 200,672.00 | 195,313.00 | 190,043.00 |
| Liabilities | 1,693,083.00 | 1,590,564.00 | 1,582,464.00 | 1,597,821.00 | 1,554,060.00 |
| Current Liabilities | 215,111.00 | 109,837.00 | 107,517.00 | 125,563.00 | 149,605.00 |
| Payables and Expenses | 94,428.00 | 74,088.00 | 76,722.00 | 104,894.00 | 70,928.00 |
| Account Payables | 67,058.00 | 50,344.00 | 48,016.00 | 77,466.00 | 45,710.00 |
| Current Accrued Liabilities | 27,370.00 | 23,744.00 | 28,706.00 | 27,428.00 | 25,218.00 |
| Short-Term Debt | 96,396.00 | 10,858.00 | 5,321.00 | 5,285.00 | 53,750.00 |
| Other Current Liabilities | 24,287.00 | 24,891.00 | 25,474.00 | 15,384.00 | 24,927.00 |
| Non-Current Liabilities | 1,477,972.00 | 1,480,727.00 | 1,474,947.00 | 1,472,258.00 | 1,404,455.00 |
| Long-Term Debt | 745,047.00 | 761,274.00 | 762,492.00 | 782,163.00 | 715,268.00 |
| Other Non-Current Liabilities | 732,925.00 | 719,453.00 | 712,455.00 | 690,095.00 | 689,187.00 |
| Equity | 1,297,653.00 | 1,269,973.00 | 1,258,913.00 | 1,230,138.00 | 1,195,265.00 |
| Shareholders Equity | 1,297,653.00 | 1,269,973.00 | 1,258,913.00 | 1,230,138.00 | 1,195,265.00 |
| Capital Stock | 36,542.00 | 36,542.00 | 36,537.00 | 36,490.00 | 36,205.00 |
| Share Premium | 434,621.00 | 434,080.00 | 433,079.00 | 429,515.00 | 400,563.00 |
| Retained Earnings | 826,490.00 | 799,351.00 | 789,297.00 | 764,133.00 | 758,497.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 841,443.00 | 772,132.00 | 767,813.00 | 787,448.00 | 769,018.00 |
| Net Debt | 831,302.00 | 761,563.00 | 732,506.00 | 747,680.00 | 754,143.00 |
| Common Shares Outstanding | 36,541.85 | 36,542.00 | 36,537.00 | 36,490.00 | 36,205.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 175,679.00 | 159,452.00 | 218,970.00 | 171,415.00 | 168,480.00 |
| Cost Of Revenue | 89,668.00 | 90,944.00 | 0 | 109,872.00 | 87,136.00 |
| Gross Profit | 86,011.00 | 68,508.00 | 0 | 61,543.00 | 81,344.00 |
| Operating Expenses | 34,936.00 | 34,285.00 | 166,105.00 | 33,901.00 | 33,204.00 |
| Other Operating Expenses | 0 | 0 | 160,148.00 | 0 | 0 |
| Operating Income | 51,075.00 | 34,223.00 | 52,865.00 | 27,642.00 | 48,140.00 |
| Net Non-Operating Income | 9,888.00 | 3,707.00 | 0 | 5,257.00 | 4,839.00 |
| Interest Expense | 8,677.00 | 8,457.00 | 7,581.00 | 8,205.00 | 8,396.00 |
| EBT | 52,286.00 | 29,473.00 | 47,888.00 | 24,694.00 | 44,583.00 |
| Income Tax | 7,789.00 | 2,975.00 | 6,296.00 | 2,672.00 | 3,644.00 |
| Net Income Including Non-Controlling Interests | 44,497.00 | 26,498.00 | 41,592.00 | 22,022.00 | 40,939.00 |
| Net Income | 44,497.00 | 26,498.00 | 41,592.00 | 22,022.00 | 40,939.00 |
| EBIT | 60,963.00 | 37,930.00 | 55,469.00 | 32,899.00 | 52,979.00 |
| Deprecation and Amortization | 28,816.00 | 28,354.00 | 27,678.00 | 27,945.00 | 27,104.00 |
| EBITDA | 89,779.00 | 66,284.00 | 83,147.00 | 60,844.00 | 80,083.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 36,542.00 | 36,540.00 | 36,511.00 | 36,312.00 | 36,181.00 |
| Average Shares Outstanding Diluted | 36,576.00 | 36,569.00 | 36,539.00 | 36,347.00 | 36,211.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 94,817.00 | 56,091.00 | 77,862.00 | 67,948.00 | 79,402.00 |
| Operating Net Income | 44,497.00 | 26,498.00 | 41,592.00 | 22,022.00 | 40,939.00 |
| Deprecation and Amortization | 28,816.00 | 28,354.00 | 27,678.00 | 27,945.00 | 27,104.00 |
| Deferred Income Tax | 2,206.00 | 1,234.00 | 1,344.00 | 438.00 | 1,521.00 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 24,684.00 | 1,623.00 | 7,205.00 | 18,564.00 | 9,822.00 |
| Other Operating Activities | -5,386.00 | -1,618.00 | 43.00 | -1,021.00 | 16.00 |
| Investing Cash Flow | -143,592.00 | -67,662.00 | -50,592.00 | -73,876.00 | -54,102.00 |
| Capital Expenditure | -143,869.00 | -64,100.00 | -47,653.00 | -72,861.00 | -52,442.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | -3,337.00 | -3,331.00 | -2,540.00 | -444.00 | -1,189.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 3,614.00 | -231.00 | -399.00 | -571.00 | -471.00 |
| Financing Cash Flow | 49,659.00 | -11,952.00 | -15,107.00 | 12,018.00 | -26,431.00 |
| Net Issuance/Repayment of Debt | 67,174.00 | 4,183.00 | -1,308.00 | 201.00 | -12,591.00 |
| Net Issuance/Repurchase of Equity | 0 | 471.00 | 3,279.00 | 29,014.00 | 2,591.00 |
| Dividends Paid | -17,358.00 | -16,444.00 | -16,428.00 | -16,386.00 | -16,280.00 |
| Other Financing Activities | -157.00 | -162.00 | -650.00 | -811.00 | -151.00 |
| Net Change in Cash | 884.00 | -23,523.00 | 12,163.00 | 6,090.00 | -1,131.00 |
| Cash at Beginning of Period | 13,136.00 | 36,659.00 | 24,496.00 | 18,406.00 | 19,537.00 |
| Cash at End of Period | 14,020.00 | 13,136.00 | 36,659.00 | 24,496.00 | 18,406.00 |
| Free Cash Flow | -49,052.00 | -8,009.00 | 30,209.00 | -4,913.00 | 26,960.00 |