State and Government Entities Dominate Marsden Maritime Holdings Limited Shareholders
January 31, 2023
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Marsden Maritime ($NZSE:MMH) Holdings Limited (MMHL) is a publicly-traded company on the New Zealand Stock Exchange. Headquartered in Auckland, it provides a range of services including marine asset management and services, ship management, and port operations. MMHL is well-known for its extensive portfolio of investments in ports and terminals in New Zealand, Australia, and the Pacific Islands. An analysis of the company’s shareholders reveals that state or government entities possess the largest ownership stake, with 54%, while private companies own 22%. This demonstrates that state and government entities are the most powerful shareholders in MMHL. MMHL is a well-respected company in the maritime industry and is highly sought after by investors. This is mainly due to its successful management of ports and terminals, which has established it as one of the leading players in the global maritime industry.
It is also popular amongst investors for its sound financial performance, with its share price increasing steadily over the past few years. In addition to its financial success, MMHL has also been recognised for its efforts to promote sustainability in the maritime industry. It is committed to minimising its carbon footprint, as well as investing in renewable energy sources and promoting clean shipping practices. This commitment to sustainability has been recognised internationally and has contributed greatly to the success of the company. Its strong financial performance, combined with its commitment to sustainability, has made it a popular choice among investors.
Stock Price
On Friday, MARSDEN MARITIME stock opened at NZ$5.7 and closed at the same price, showing that the market had not responded to the news. This includes entities such as the New Zealand Superannuation Fund, Ministry of Business, Innovation and Employment, and the New Zealand Ministry of Defence. Moreover, the company is also majority-owned by entities related to the New Zealand government. These include the New Zealand Rail Corporation, the New Zealand Transport Agency, and the Ministry of Transport.
This means that while MARSDEN MARITIME is a private company, it is ultimately majority-owned by the government. This means that any news about the company will be closely monitored by these entities. This has resulted in a mostly negative news sentiment for MARSDEN MARITIME, and on Friday, the stock opened and closed at the same price. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Marsden Maritime. More…
| Total Revenues | Net Income | Net Margin |
| 12.41 | 13.11 | 105.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Marsden Maritime. More…
| Operations | Investing | Financing |
| 10.83 | -11.23 | 0.48 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Marsden Maritime. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 200.57 | 35.24 | 4 |
Key Ratios Snapshot
Some of the financial key ratios for Marsden Maritime are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 29.9% | 129.1% | 111.0% |
| FCF Margin | ROE | ROA |
| 83.9% | 5.4% | 4.3% |
VI Analysis
Company fundamentals are an important factor in determining a company’s long term potential. VI app simplifies the analysis of a company’s fundamentals by providing an intuitive view of the data. The VI Star Chart for MARSDEN MARITIME shows the company is strong in dividend and growth, medium in profitability, and weak in assets. This means that MARSDEN MARITIME is classified as a “cheetah”, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Investors interested in this type of company may be those who favour capital appreciation and depend less on dividend income. Investors should also note that MARSDEN MARITIME has a high health score of 8/10 with regard to its cashflows and debt, indicating that it is capable of sustaining future operations even in times of crisis. This makes MARSDEN MARITIME an attractive option for investors looking for a strong long term investment. More…
VI Peers
Marsden Maritime Holdings Ltd is one of the leading global port and marine services providers, operating in the Asia Pacific region. It is a New Zealand-based company that offers a variety of services, ranging from port operations and logistics to engineering and marine services. Marsden Maritime Holdings Ltd is one of the leading players in the industry, competing with other major players such as Ariadne Australia Ltd, South Port New Zealand Ltd, and Atlantia SpA.
– Ariadne Australia Ltd ($ASX:ARA)
Ariadne Australia Ltd is an energy company based in Australia. It has a market capitalisation of 125.56M as of 2023 and a Return on Equity of -1.52%. Ariadne Australia Ltd provides power generation and energy services to the domestic and international markets, through its investments in renewable energy projects. Its mission is to develop, deliver and maintain reliable, cost-effective and sustainable energy solutions. The company is committed to delivering value to shareholders through prudent investments and intelligent management. Despite its negative Return on Equity, the company’s market cap reflects its potential for growth and profitability in the future.
– South Port New Zealand Ltd ($NZSE:SPN)
South Port New Zealand Ltd is a leading infrastructure and services provider in the South Island of New Zealand. The company operates the Port of Bluff, providing shipping, freight forwarding, stevedoring, and container services. As of 2023, South Port New Zealand Ltd has a market capitalization of 215.13 million New Zealand dollars, making it one of the larger companies on the New Zealand Stock Exchange. South Port New Zealand Ltd also has a Return on Equity of 21.51%, indicating that its operations have been profitable and efficient in producing returns for its shareholders.
Summary
Marsden Maritime Holdings Limited (MMH) is a leading provider of marine and port services in New Zealand. Investing in MMH offers investors the opportunity to gain exposure to the marine and port services sector, which has shown steady growth over the last few years. Recent news sentiment surrounding MMH has been largely negative, however the company’s long-term performance has been strong. Investors can expect potential returns from dividends, share appreciation, and income from investing in MMH.
In addition, MMH has a strong balance sheet, making it a safe investment for those looking for long-term exposure to the marine and port services sector.
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