Miquel y Costas & Miquel, S.A.

Miquel y Costas & Miquel, S.A.

MCM.MC
Miquel y Costas & Miquel, S.A.ES flagMadrid Stock Exchange
13.95
EUR
-0.05
- -
524.02MMarket Cap
Miquel y Costas & Miquel, S.A.
MCM.MC
(Madrid Stock Exchange)

Recent

price

13.95

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
8.73
7.04
7.54
7.15
7.72
4.94
5.07
5.54
6.15
6.4
6.84
7.68
8.72
8.06
8.12
8.31
7.65
Revenue per Share
0.98
0.85
1.04
1.02
0.94
0.68
0.76
0.85
0.88
0.96
1.12
1.3
0.82
1.11
1.28
1.19
1.29
Basic EPS, GAAP
1.24
0.65
-0.05
0.15
0.79
0.47
0.59
0.86
0.3
0.41
1.37
1.03
-0.49
1.38
1.13
0.32
- -
Free Cash Flow per Basic Share
-0.27
0.21
0.23
0.22
0.24
0.16
0.19
0.23
0.27
0.33
0.43
0.4
0.42
0.45
0.47
0.49
- -
Dividend per Share
7.88
1.78
1.98
1.95
1.89
1.23
1.54
1.79
2.35
2.47
2.66
3.34
2.89
3.2
3.38
3.31
3.32
Book Value per Share
7.73
6.36
7.21
7.85
8.23
5.17
5.59
5.77
6.36
6.77
7.25
8.16
8.37
9.08
9.95
10.57
8.12
Tangible Book Value per Share
21
27
26
27
26
45
45
44
42
41
40
39
39
38
38
38
39
Basic Weighted Avg Shares
180
191
199
190
203
223
228
243
259
263
274
301
337
309
309
314
301
Sales/Revenue/Turnover
14.75
16.48
18.23
15.29
13.63
16.46
18.67
19.05
18.75
19.17
21.27
22.05
12.48
17.9
19.46
17.36
22.05
Operating Margin (%)
15
14
15
16
17
16
16
15
16
18
18
18
19
20
20
21
- -
Depreciation Expense
20
23
27
27
25
31
34
37
37
39
45
51
32
43
49
45
51
Net Income, GAAP
26.96
27.82
27.1
14.29
17.43
24.58
22.86
22.74
24.93
23.2
22.97
24.26
22.95
24.47
23.34
22.15
- -
Effective Tax Rate (%)
11.18
12.09
13.76
14.24
12.17
13.72
15.03
15.26
14.38
14.93
16.37
16.86
9.38
13.81
15.75
14.36
16.86
Profit Margin (%)
61
99
98
63
57
69
73
92
126
121
137
148
142
151
149
139
148
Working Capital
17
43
51
68
48
53
44
61
66
54
49
42
37
30
41
34
42
LT Debt
161
174
192
211
219
236
253
254
270
281
294
323
330
355
385
407
323
Total Equity
10.73
10.85
10.93
9.15
7.97
9.41
10.57
11.18
10.9
11.13
12.61
13.55
8.43
10.52
10.88
9.49
17.88
Return on Invested Capital (%)
11.33
16.48
26.4
23.02
20.91
26.58
28
27.03
22.98
22.69
25.93
27.95
17.66
24.76
27.07
25.31
27.95
Return on Capital (%)
12.88
21.92
54.45
51.98
48.61
58.29
54.99
50.33
41.97
39.12
43.13
42.74
26.1
36.45
38.74
35.52
42.74
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'21
Sep'21
Dec'21
ST Debt
6
- -
16
LT Borrowings
58
58
42
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
39
39
39
Market Capitalization
472
488
516

Working Capital

FRC

in mil. unless spec.
Jun'21
Sep'21
Dec'21
Total Current Assets
226
- -
232
Cash, Cash Equivalents & STI
86
90
81
Accounts Receivable, Net
57
- -
56
Inventories
75
- -
89
Total Current Liabilities
66
- -
84
Payables & Accruals
- -
- -
- -
ST Debt
6
- -
16
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.63%
6.77%
5.62%
Free Cash Flow
-38.02%
-128.49%
-72.25%
Net Income, GAAP
5.73%
3.41%
-7.44%
Sales/Revenue/Turnover
3.61%
3%
1.51%
Total Cash Common Dividend
10.17%
1.49%
3.64%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
309
2024
- -
- -
- -
- -
309
2025
- -
- -
- -
- -
314

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.11
2024
- -
- -
- -
- -
1.28
2025
- -
- -
- -
- -
1.19

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.45
2024
- -
- -
- -
- -
0.47
2025
- -
- -
- -
- -
0.49
Business
Miquel y Costas & Miquel, S.A. (MCM.MC) manufactures and distributes specialty papers and technical films primarily for the tobacco, labeling, packaging, and industrial sectors. The company produces cigarette papers, including porous plug wrap, tipping base, and bands under brands such as Miquel; self-adhesive labels and packaging films; and technical papers for filtration and other applications. It also offers services in paper recycling and customized industrial solutions. Founded in 1907 and headquartered in Barcelona, Spain, the company operates production facilities in Spain, France, and Mexico, serving global markets with a focus on Europe, North America, and Latin America. Miquel y Costas & Miquel serves major tobacco manufacturers, packaging firms, and industrial clients through its subsidiaries, including Miquel y Costas Paper, S.L., and maintains a vertically integrated model from pulp processing to finished products. Its business segments encompass tobacco-related products, which account for the majority of revenue, alongside flexible packaging and specialty industrial papers. In recent developments within the last two years, the company expanded its sustainable packaging offerings with new biodegradable films and strengthened partnerships in the tobacco sector amid regulatory shifts toward reduced-risk products. It completed a strategic acquisition of a Mexican facility in 2024 to bolster Latin American operations and announced a funding round for green technology investments in early 2025. No major name changes or reorganizations have occurred recently.