Shareholders
Equity Story
MPC Capital is an international real asset and investment manager with a focus on three core segments: real estate, renewables, and shipping. We specialize in the development and management of niche real asset investments and investment products for international institutional investors, family offices and professional investors. We align ourselves with the interests of our investors by co-investing and taking on early stage project development risk.
AUM Growth and sustained cash flows
Strategy and Growth Objectives
MPC Capital’s goal is to become one of the leading independent asset and investment managers for real assets in selected markets. The envisaged growth in institutional AUM leads to profitable growth in recurring management fees and sustainable cash flows. Returns on co-investments provide additional upside potential.
1
We aim to increase Assets under Management by adding EUR 0.5 billion to EUR 1.0 billion per annum in new institutional assets to our portfolio.
2
Institutional AuM growth and cost efficiency provides for management fees covering personnel costs and other recurring OPEX. Fees from transactions and returns from co-investments then lead to additional profitability.
3
We expect increasing returns from our investment activities over the next few years. The expected IRR is above 15%.
4
We believe that our business case offers strong cash generation potential with further co-investments to be financed from operating cash flow. Excess cash will be paid-out as dividend with a target pay-out ratio of 50%.
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1
Increase AuM
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2
Leverage platform
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3
Co-investments
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4
Cash generation
Company Short Profile
Managing real assets
MPC Münchmeyer Petersen Capital AG ("MPC Capital"), based in Hamburg, Germany, is an independent asset and investment manager for alternative investments since 1994, which it actively manages for investors throughout the entire product life cycle.
As a listed company, MPC Capital has an extensive network of partners for the financing and management of tangible assets in the three core segments real estate, renewables, and shipping. Under the unifying brand name "MPC Capital", the company brings ideas to the market, distributes them as return-oriented investments and actively manages funds throughout the entire product life cycle.
MPC Capital covers the entire value chain over its core product segments and is an experienced fund manager and reliable product developer for institutional and professional investors.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
Assets under Management (AuM) | 5.1 (2.3) | 5.1 (2.4) | 4.3 (2.6) | 4.5 (3.5) | 4.4 (3.6) | 4.9 (4.0) | 4.2 (3.5) |
Revenue in TEUR * | 53,791 | 59,627 | 42,727 | 46,846 | 50,489 | 42,284 | 36,492 |
EBT in TEUR ** | 15,704 | 17,353 | 567 | 850 | 1,263 | 10,401 | 14,761 |
Net profit in TEUR | 10,220 | 13,150 | -18,673 | -323 | -147 | 7,217 | 28,157 |
Earnings per share in EUR | 0.33 | 0.41 | -0.57 | -0.01 | -0.01 | 0.17 | 0.74 |
Total assets in TEUR | 133,708 | 135,478 | 151,213 | 139,623 | 126,598 | 134,559 | 150,792 |
Equity in TEUR | 93,253 | 102,240 | 112,467 | 98,968 | 96,268 | 100,761 | 123,189 |
Equity ration in % | 69.7 | 75.5 | 74.3 | 70.9 | 76.0 | 74.9 | 81.7 |
*Revenue 2017 incl. near-sales other operating income **EBT 2018 adjusted for effects from write-down on an equity investment in the retail business