MIDAS SHARE TIPS: Mitie by 指名する - and it's mighty by nature
Mitie is one of those companies you 遭遇（する） all the time, but seldom notice.?
The 施設s 管理／経営 会社／堅い may 井戸／弁護士席 clean the loos in your 地元の shopping 商店街, run the 歓迎会 in your office, empty the sanitary 貯蔵所s in your child's school and 支配（する）／統制する the gates that let you through to catch your train in the morning.?
Look closely at the 先頭s, hi-vis jackets, and uniforms you see during a daily 減刑する／通勤する, and you'll find that Mitie, like love, really is all around.
努力する／競うing for 逮捕する 無: One of Mitie's 4,000-加える electric 先頭s outside Edinburgh 城
The 会社／堅い's 契約s may look like a mishmash on the surface, but they can be 本気で lucrative. This week's 十分な-year 貿易（する）ing update surprised the 株式市場 on the upside, with the company flagging a mighty £4.5 billion of 歳入, up 11 per cent, 同様に as operating 利益（をあげる） of at least £200million.
長，指導者 (n)役員／(a)執行力のある Phil Bentley says Mitie will now buy 支援する £50 million of its 株 - some to use for the 従業員 Save As You Earn 計画／陰謀, but the 残り／休憩（する） to return cash to 株主s.
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So why is Mitie riding high - and can it continue to clean up? To some extent, the 会社／堅い is relying on 商売／仕事 as usual, as we always need people to clean up, 取って代わる loo rolls and staff 刑務所，拘置所s.?
But Bentley's 声明 this week 供給するs a 手がかり（を与える） as to the 会社／堅い's 未来 優先s, and where he hopes more growth can be 設立する.
Where Mitie's website still 述べるs the 会社／堅い as 'the UK's 主要な 施設s 管理／経営 and professional services company', this week's 貿易（する）ing update instead went for 'the UK's 主要な 施設s 変形 company'. 変形 is where Bentley reckons the money is - the icing on the cake as …に反対するd to day-to-day activities.
Examples of 施設s 変形 事業／計画（する）s 含む 計画（する） 無 協議するing, where Mitie will help a company 攻撃する，衝突する its 逮捕する 無 的s by doing everything from helping to 変える its 乗り物 (n)艦隊／(a)素早い to electric 先頭s to helping it to 簡素化する its 炭素 報告（する）／憶測ing systems.?
一方／合間 its Connected Workspace 率先 helps companies to analyse data from their buildings, 約束ing that will help to 改善する 生産性, 減ずる costs, and 昇格 work 環境s.?
Mitie's spread of public and 私的な （弁護士の）依頼人s helps it to ride out difficult 経済的な times , but that doesn't mean that this 投資 is 危険-解放する／自由な. Mitie's 協会 with 移民／移住 services means it is never out of the headlines, and there is the 危険 of reputational 損失 from this.?
Above-的 インフレーション is also a 二塁打-辛勝する／優位d sword for Mitie. While the 会社／堅い can reprice some of its 契約s when prices rise, corresponding rises in 給料 攻撃する，衝突する its 底（に届く） line.?
Before the pandemic 攻撃する，衝突する, Mitie 問題／発行するd four 利益（をあげる） 警告s 予定 to higher 最小限 行う 支払い（額）s for its many staff, 同様に as Brexit 関心s, and these 危険s have not 完全に gone away.
That said, 危険s are mitigated by lower-than-推定する／予想するd 逮捕する 負債 and strong cashflow 世代 - while a healthy 今後-orders 調書をとる／予約する gives some visibility for the 未来.?
Mitie says it is seeing 支えるd 需要・要求する for its transformational 事業／計画（する）s work and has recently 調印するd new 契約s with （弁護士の）依頼人s as diverse as London Southbank University, advertising 機関 WPP and the Eastern Police 軍隊s. It has also seen 契約 再開s from HMRC, the Home Office and pharma 巨大（な） GSK.
While we must wait until June for the company's actual 十分な-year 人物／姿／数字s, Mitie's 声明 this week was enough for 分析家s to 昇格 their 予測（する）s.
Alex O'Hanlon, at Liberum, now 推定する／予想するs 収入s per 株 for this year and next to be 5 per cent higher than his previous 人物／姿／数字s, while James 耐えるd at Numis 増加するd his 期待s for this year by 6 per cent, then by 3 per cent for 2025-26.?
耐えるd reckons there might be その上の 肯定的な news to come, too, thanks to a strong pipeline of 企て，努力，提案s.
MIDAS VERDICT: After a bumpy time before the pandemic, Mitie 株主s have been 井戸／弁護士席 rewarded for their 忠義. The 株 are up 18 per cent since January and 27 per cent over the pas t 12 months. However, plenty of 専門家s argue that - にもかかわらず these rises - Mitie are still 価値（がある） buying.
There are さまざまな ways of valuing a 在庫／株 like Mitie, and on most of these metrics the 株 still look 比較して cheap. The 在庫／株 also 支払う／賃金s a （株主への）配当, and on this year's 推定する／予想するd payout is 産する／生じるing around 3 per cent, which is a 特別手当 for income 探検者s.
There is 可能性のある good news in the pipeline. Mitie has made several 取得／買収s which could 追加する more 収入s to the マリファナ, while 株 buybacks could 押し進める its valuation higher.
The 株 are 現在／一般に at 116p, off their 史上最高 of 172p in 2014. Most 分析家s 推定する／予想する them to rise to over 140p. Buy.
貿易（する）d on: Main market Ticker: MTO 接触する: mitie.com +44 (0)330 678 0710?
