Magnesita Refratarios SA (MAGG3): Company Profile and SWOT Analysis

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Magnesita Refratarios SA (MAGG3): Company Profile and SWOT Analysis
Magnesita Refratarios SA



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Magnesita Refratarios SA Financial Snapshot



Operating Performance

Fast Facts

Praca Louis Ensch, Contagem, 32210- The company reported revenue of US$1,310.11

Headquarters Address

902,Brazil million during the fiscal year 2011 (2011). The

company's revenue grew at a CAGR of 69.98%

Telephone + 55 31 33681111

during 2007–2011, with an annual growth of 1.87%

over 2010. In 2011, the company recorded an

Fax + 55 31 33681036 operating margin of 12.57%, as against 14.94% in

2010.

Website N/A



Ticker Symbol, Stock Exchange MAGG3, Sao Paulo Stock Exchange Revenue and Margins



Number of Employees 6,782



Fiscal Year End December



Revenue (in US$ million) 1,310.11



Revenue (in BRL million) 2,318.90









SWOT Analysis

Return on Equity

Strengths Weaknesses

The company recorded a return on equity (ROE) of

Broad service offerings Weak operating performance 3.71% for 2011, as compared to its peers, RHI AG

(Ticker: RHI), Imerys SA (Ticker: NK) and Cookson

Group plc (Ticker: CKSN), which recorded ROEs of

Enhanced financial leverage 27.72%, 12.94% and 11.23% respectively. The

company reported an operating margin of 12.57% in

Focus on research and development 2011.



Strong market position Return on Equity



Vertical integration



Opportunities Threats

Growing infrastructure expenditure in

Stringent regulations

Latin America

Recovery in the US construction

Volatile input prices

industry









Liquidity Position



The company reported a current ratio of 2.99 in 2011,

as compared to its peers, RHI AG, Imerys SA and

Cookson Group plc, which recorded current ratios of

1.44, 1.58 and 1.63 respectively. As of December

2011, the company recorded cash and short-term

investments of worth US$460.06 million, against

US$70.51 million current debt. The company reported

a debt to equity ratio of 0.38 in 2011 as compared to

its peers, RHI AG, Imerys SA and Cookson Group

plc, which recorded debt to equity ratios of 1.16, 0.67

and 0.42 respectively.









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Magnesita Refratarios SA - SWOT Profile Page 1

Magnesita Refratarios SA



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TABLE OF CONTENTS



1 Business Analysis ................................................................................................................................... 5

1.1 Company Overview ......................................................................

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