Murray & Roberts Holdings Limited
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Murray & Roberts Holdings Limited Financial Snapshot
Operating Performance
Fast Facts
22 Skeen Boulevard, Bedfordview, The company reported revenue of US$4,160.05
Headquarters Address
2008,South Africa million during the fiscal year 2011 (2011). The
company's revenue grew at a CAGR of 13.27%
Telephone + 27 11 4566200
during 2007–2011, with an annual growth of 9.64%
over 2010. In 2011, the company recorded an
Fax + 27 11 4552222 operating margin of -2.22%, as against 5.51% in
2010.
Website www.murrob.com
Ticker Symbol, Stock Exchange MUR, Johannesburg Stock Exchange Revenue and Margins
Number of Employees 42,422
Fiscal Year End June
Revenue (in US$ million) 4,160.05
Revenue (in ZAR million) 30,534.80
SWOT Analysis
Return on Equity
Strengths Weaknesses
The company recorded a return on equity (ROE) of -
Lack of focus on research and 41.11% for 2011, as compared to its peers, Wilson
Integrated business portfolio
development Bayly Holmes-Ovcon Limited (Ticker: WBO),
Stefanutti Stocks Holdings Limited (Ticker: SSK) and
Order backlog Limited liquidity position Aveng Limited (Ticker: AEG), which recorded ROEs
of 21.75%, 17.97% and 9.11% respectively. The
Strong top-line performance Low return on equity company reported an operating margin of -2.22% in
2011.
Opportunities Threats
Return on Equity
Credit by African Development Bank Crime in South Africa
Growth in nuclear power sector Input price volatility
Nationalization of mining industry in
Rising demand for renewable energy
South Africa
Liquidity Position
The company reported a current ratio of 1.00 in 2011,
as compared to its peers, Wilson Bayly Holmes-
Ovcon Limited, Stefanutti Stocks Holdings Limited
and Aveng Limited, which recorded current ratios of
1.23, 0.98 and 1.47 respectively. As of June 2011, the
company recorded cash and short-term investments
of worth US$318.32 million, against US$147.07
million current debt. The company reported a debt to
equity ratio of 0.56 in 2011 as compared to its peers,
Wilson Bayly Holmes-Ovcon Limited, Stefanutti
Stocks Holdings Limited and Aveng Limited, which
recorded debt to equity ratios of 0.04, 0.13 and 0.02
respectively.
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Murray & Roberts Holdings Limited - SWOT Profile Page 1
Murray & Roberts Holdings Limited
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
2 Analysis of Key Performance Indicators ............................................................................................... 7
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
2.2 Key Financial Performance Indicators .................................................................................................................10
2.2.1 Revenue and Operating Profit .........................................................................................................................10
2.2.2 Asset, Liabilities and Capex .............................................................................................................................11
2.2.3 Net Debt vs. Gearing Ratio ..............................................................................................................................12
2.2.4 Solvency ..........................................................................................................................................................13
2.3 Competitive Benchmarking ..................................................................................................................................14
2.3.1 Market Capitalization .......................................................................................................................................14
2.3.2 Efficiency ..........................................................................................................................................................15
2.3.3 Capital Expenditure ..........................................................................................................................................16
2.3.4 Turnover – Inventory and Asset .......................................................................................................................17
2.3.5 Liquidity ............................................................................................................................................................18
3 Mergers & Acquisitions and Partnerships ........................................................................................... 19
3.1 M&A and Partnerships Strategy ...........................................................................................................................19
4 Recent Developments ........................................................................................................................... 21
5 SWOT Analysis ...................................................................................................................................... 22
5.1 SWOT Analysis - Overview ..................................................................................................................................22
5.2 Strengths ..............................................................................................................................................................22
5.3 Weaknesses .........................................................................................................................................................22
5.4 Opportunities ..................................................