Mincon Group PLC

Mincon Group PLC

78.00
GBX
+2.00
(+2.63%)
12.00BMarket Cap
Mar 15Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.34
0.26
0.33
0.36
0.46
0.56
0.59
0.61
0.68
0.8
0.74
0.68
0.7
- -
Basic EPS, GAAP
0.06
0.04
0.04
0.04
0.05
0.06
0.06
0.07
0.07
0.07
0.04
0.01
0.03
- -
Free Cash Flow per Basic Share
0.07
0.01
0.03
0.01
0.02
-0.05
0.02
0.05
0.01
- -
0.06
0.02
0.03
- -
Dividend per Share
0.1
0.01
0.02
0.02
0.02
0.02
0.02
0.01
0.03
0.02
0.02
0.02
0.02
- -
Book Value per Share
0.41
0.45
0.46
0.5
0.51
0.55
0.59
0.63
0.68
0.72
0.73
0.72
0.7
0.73
Tangible Book Value per Share
0.4
0.4
0.41
0.44
0.39
0.4
0.44
0.45
0.49
0.54
0.53
0.53
0.52
0.55
Basic Weighted Avg Shares
156
208
211
211
211
211
211
212
212
212
212
212
212
212
Sales/Revenue/Turnover
52
55
70
76
97
118
124
130
144
170
157
144
149
- -
Operating Margin (%)
28.68
19.64
14.47
13.36
12.09
14.53
10.66
14.05
12.54
11.62
7.83
5.17
7.37
- -
Depreciation Expense
2
2
2
2
3
4
5
6
7
8
9
9
8
- -
Net Income, GAAP
10
9
8
9
10
14
12
14
15
15
7
2
6
- -
Effective Tax Rate (%)
18.59
17.65
16.57
18.35
17.75
14.97
12.65
15.72
18.11
21.51
16.11
38.18
26.6
- -
Profit Margin (%)
19.03
16.75
11.36
12.12
10.37
11.53
9.96
10.95
10.11
8.65
4.76
1.22
3.71
- -
Working Capital
72
78
78
80
69
62
70
71
82
90
87
85
83
94
LT Debt
1
2
2
1
1
4
11
15
23
27
26
24
19
20
Total Equity
86
95
98
106
108
117
126
133
144
154
154
152
149
155
Return on Invested Capital (%)
16.29
9.12
8.38
8.03
8.3
12.33
4.78
10.37
8.87
8.26
5.28
2.45
4.31
- -
Return on Capital (%)
14.32
9.85
8.12
8.97
9.09
11.45
9.65
10
9.22
8.48
4.89
1.71
3.76
- -
Return on Common Equity (%)
15.15
10.13
8.29
9.12
9.5
12.17
10.24
11.03
10.54
9.87
4.85
1.15
3.66
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
15
15
8
LT Borrowings
- -
13
- -
LT Finance Leases
- -
5
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
212
212
212
Market Capitalization
89
108
139

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
116
119
138
Cash, Cash Equivalents & STI
11
12
13
Accounts Receivable, Net
26
25
31
Inventories
68
71
84
Total Current Liabilities
37
36
44
Payables & Accruals
- -
- -
- -
ST Debt
15
15
8
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.36%
2.39%
-2.2%
Free Cash Flow
310.77%
685.41%
6.95%
Net Income, GAAP
15.61%
18.08%
212.57%
Sales/Revenue/Turnover
8.34%
3.24%
3.02%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
144
2025
- -
- -
149
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.01
2025
- -
- -
0.03
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
0.02
2026
- -
- -
- -

Company Description

CEO
Joseph Michael Purcell
Full Time Employees
530
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
Smithstown Industrial Estate Shannon CE Ireland
IPO Date
Nov 26, 2013
Website
mincon.com
Business
Mincon Group plc is an engineering company specializing in the design, manufacture, sale and servicing of rock drilling tools and associated products, serving mining, construction, oil and gas, geothermal, environmental, and water well markets globally. Its core products include down-the-hole (DTH) drilling hammers, bits, reverse circulation (RC) drill products, drill pipes and accessories, and surface drilling consumables. The company also provides related services such as onsite technical support and global service support teams. Headquartered in Shannon, Ireland, and founded in 1977, Mincon operates in over 79 countries, with significant operations across Europe, Africa, the Middle East, North America, and Asia-Pacific. Recent strategic developments include the acquisition of Spartan Drill Tools, a U.S.-based drill pipe manufacturer, which enhances Mincon’s manufacturing footprint and drill pipe capabilities in North America to better serve its growing customer base. In 2025, Mincon also acquired Marshalls Hard Metals Limited, a leading European tungsten carbide manufacturer, strengthening its control over production and quality of critical drill tool components. The company has launched advanced technology products such as the Hybrid Impact Technology in collaboration with Epiroc, which improves hydraulic DTH hammer performance, reduces fuel consumption, and lowers overall drilling costs. It is also progressing on transformative projects like the Greenhammer system, expected to roll out in a major open-pit mine in 2025, and an underwater drilling system targeting offshore wind energy. Financially, Mincon reported revenue growth driven by construction sector demand, despite declines in mining and geothermal segments, supported by operational efficiencies and volume recovery. The company secured a major port project in Africa in 2025 and continues to target business expansions in construction, mining, and renewable energy markets. Its ongoing focus on innovation, service support, and geographic expansion, combined with recent acquisitions and technology enhancements, positions Mincon as a leading supplier of engineered drilling solutions globally. Mincon Group maintains a strategic emphasis on diversifying across industries with different business cycles to reduce earnings volatility and is advancing new product developments to support renewable energy sectors and large-scale construction projects. It remains committed to expanding operational efficiency and cost management while leveraging its comprehensive product portfolio and global support infrastructure.