Morgan Advanced Materials plcMGAM.L

London Stock ExchangeIndustrialsSpecialty Industrial Machinery
Price (close)
£2.59
Market cap
£715.9M
P/E
33.9x
Revenue (FY)
£996.6M
Net income
£21.1M
Dividend yield
4.71%
1-year total return
19.7%
Net margin
2.1%
Revenue growth
-6.0%
Debt / equity
0.98x

What Morgan Advanced Materials plc does.

Morgan Advanced Materials plc manufactures and sells various carbon and ceramic products. The company operates through Thermal Products, Performance Carbon, and Technical Ceramics segments. The Thermal Products segment manufactures products, systems, and solutions, such as crucibles, foundry products, furnace industries furnace range products, insulating fibre and microporous products, firebricks and mortars, and heat shields used in industrial metal processing, petrochemicals, cement, ceramics, and glass, as well as by manufacturers of equipment for aerospace, automotive, marine, and domestic applications. The Performance Carbon segment develops and manufactures carbon, graphite, and carbide products, including semiconductor consumables, collector strips and carbon brushes, graphite powders, face seals, sliding bearings, shafts, and rotary vane pump components for charging and driving EVs, wind turbines, and power generation, as well as for the security and defense sector. The Technical Ceramics segment designs and manufactures ceramic components comprising structural ceramic components, engineered coatings, ceramic cores, ceramic-to-metal assemblies, braze alloys, ceramic tubes and rollers, extruded products, laser products, semiconductor products, and machinable glass ceramic products. It serves semiconductors, healthcare, clean energy and transportation, industrial, conventional transportation, petrochemical and chemical, and security and defense markets. It operates in the United States, rest of North America, South America, Germany, the United Kingdom, rest of Europe, China, rest of Asia, Australasia, the Middle East, and Africa. The company was formerly known as The Morgan Crucible Company plc and changed its name to Morgan Advanced Materials plc in March 2013. The company was founded in 1856 and is headquartered in Windsor, the United Kingdom.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue£910.7M£950.5M£1.1B£1.1B£1.1B£996.6M
Net income-£22.5M£73.8M£88.0M£47.3M£50.3M£21.1M
Free cash flow£79.8M£73.8M-£39.0M£18.1M£17.2M£50.7M

More on MGAM.L.

Figures from Morgan Advanced Materials plc's annual reports (ESEF, via filings.xbrl.org) and Yahoo Finance, standardised automatically; prices are end-of-day closes. Not financial advice.