Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to UK£2.45, the stock trades at a trailing P/E ratio of 21.4x. Average forward P/E is 13x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 92% over the past three years. Aankondiging • Apr 17
Celtic PLC Announces Retirement of Tom Allison from Board Celtic PLC announced that Tom Allison has retired from the Board. Tom, a leading Scottish businessman, has been a lifelong Celtic supporter and gave nearly twenty-five years of service to Celtic. Since joining the Board, Tom has made an outstanding contribution to the development and success of the Club. Tom joined the board of Celtic as a non-executive director in September 2001, under the Chairmanship of Brian Quinn. At that time, he was chief executive of Clydeport and later oversaw its integration with Peel Holdings, of which he became chairman. He has been widely recognised for his contribution to business and charity over many years. Tom brought all his expertise and experience to bear on his role at Celtic and has been its senior independent director since 2005. Reported Earnings • Feb 16
First half 2026 earnings released: EPS: UK£0.10 (vs UK£0.35 in 1H 2025) First half 2026 results: EPS: UK£0.10 (down from UK£0.35 in 1H 2025). Revenue: UK£59.4m (down 29% from 1H 2025). Net income: UK£9.87m (down 70% from 1H 2025). Profit margin: 17% (down from 39% in 1H 2025). Revenue is expected to decline by 6.4% p.a. on average during the next 2 years, while revenues in the Entertainment industry in the United Kingdom are expected to grow by 4.1%. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. New Risk • Feb 16
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 160% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 160% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.1% net profit margin). Board Change • Jan 03
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director Brian Rose was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 30
Celtic plc, Annual General Meeting, Nov 21, 2025 Celtic plc, Annual General Meeting, Nov 21, 2025. Location: celtic park, glasgow g40 3re United Kingdom Reported Earnings • Sep 21
Full year 2025 earnings released: EPS: UK£0.36 (vs UK£0.14 in FY 2024) Full year 2025 results: EPS: UK£0.36 (up from UK£0.14 in FY 2024). Revenue: UK£143.6m (up 15% from FY 2024). Net income: UK£33.9m (up 154% from FY 2024). Profit margin: 24% (up from 11% in FY 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. New Risk • Aug 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 97% per year for the foreseeable future. High level of non-cash earnings (30% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to UK£1.95, the stock trades at a trailing P/E ratio of 7.8x. Average forward P/E is 16x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 63% over the past three years. Reported Earnings • Feb 12
First half 2025 earnings released: EPS: UK£0.35 (vs UK£0.24 in 1H 2024) First half 2025 results: EPS: UK£0.35 (up from UK£0.24 in 1H 2024). Revenue: UK£83.5m (down 2.1% from 1H 2024). Net income: UK£32.9m (up 45% from 1H 2024). Profit margin: 39% (up from 27% in 1H 2024). Revenue is expected to decline by 20% p.a. on average during the next 2 years, while revenues in the Entertainment industry in the United Kingdom are expected to grow by 5.4%. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 18% per year. Price Target Changed • Feb 11
Price target increased by 9.5% to UK£2.08 Up from UK£1.90, the current price target is provided by 1 analyst. New target price is 19% above last closing price of UK£1.75. Stock is up 40% over the past year. The company posted earnings per share of UK£0.14 last year. Aankondiging • Oct 23
Celtic plc, Annual General Meeting, Nov 22, 2024 Celtic plc, Annual General Meeting, Nov 22, 2024. Location: celtic park, g40 3re, glasgow United Kingdom Reported Earnings • Sep 17
Full year 2024 earnings released: EPS: UK£0.14 (vs UK£0.35 in FY 2023) Full year 2024 results: EPS: UK£0.14 (down from UK£0.35 in FY 2023). Revenue: UK£124.6m (up 3.9% from FY 2023). Net income: UK£13.4m (down 60% from FY 2023). Profit margin: 11% (down from 28% in FY 2023). Revenue is expected to decline by 14% p.a. on average during the next 2 years, while revenues in the Entertainment industry in the United Kingdom are expected to grow by 7.4%. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. New Risk • Sep 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 128% per year for the foreseeable future. High level of non-cash earnings (32% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Aankondiging • Aug 07
Celtic plc Provides Earnings Guidance for the Year Ended 30 June 2024 Celtic plc provided earnings guidance for the year ended 30 June 2024. For the period, Company now expects earnings will be significantly higher than previous expectations, which were formed before the conclusion of the season and prior to certain player disposals. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to UK£1.65, the stock trades at a trailing P/E ratio of 5.6x. Average forward P/E is 6x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 47% over the past three years. Price Target Changed • Feb 29
Price target increased by 9.8% to UK£1.90 Up from UK£1.73, the current price target is provided by 1 analyst. New target price is 48% above last closing price of UK£1.29. Stock is up 14% over the past year. The company posted earnings per share of UK£0.35 last year. Reported Earnings • Feb 26
First half 2024 earnings released: EPS: UK£0.24 (vs UK£0.30 in 1H 2023) First half 2024 results: EPS: UK£0.24 (down from UK£0.30 in 1H 2023). Revenue: UK£85.2m (up 11% from 1H 2023). Net income: UK£22.7m (down 19% from 1H 2023). Profit margin: 27% (down from 37% in 1H 2023). Revenue is expected to decline by 24% p.a. on average during the next 2 years, while revenues in the Entertainment industry in the United Kingdom are expected to grow by 5.2%. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 25
Celtic plc, Annual General Meeting, Nov 22, 2023 Celtic plc, Annual General Meeting, Nov 22, 2023, at 10:30 Coordinated Universal Time. Location: Celtic Park Scotland United Kingdom Price Target Changed • Sep 19
Price target increased by 7.1% to UK£1.82 Up from UK£1.70, the current price target is provided by 1 analyst. New target price is 41% above last closing price of UK£1.30. Stock is up 19% over the past year. The company posted earnings per share of UK£0.35 last year. New Risk • Aug 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 18% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Profit margins are more than 30% lower than last year (8.6% net profit margin). Aankondiging • Jul 21
Celtic plc Appoints Brian Rose as New Non-Executive Director Celtic plc announced the appointment of Brian Rose as a new Non-Executive director with immediate effect. A lifelong Celtic supporter, Brian Rose (52) is currently a Director of Apple Services in London. Brian has worked in the entertainment and content industry for over two decades, including roles at market leading music and film companies. During this period, Brian was Managing Director of Commercial from 2003 to 2016 for Universal Music. Throughout this time, Brian has been at the forefront of the development of new Digital Content Strategies leading to improved customer experiences and growth for rights holders and creators. Aankondiging • Jul 07
Celtic plc Revises Earnings Guidance for the Year Ended 30 June 2023 Celtic plc revised earnings guidance for the year ended 30 June 2023. For the period, the company now expects earnings will be significantly higher than previous expectations, which were formed before the conclusion of the season and prior to certain player disposals. Reported Earnings • Feb 12
First half 2023 earnings released: EPS: UK£0.30 (vs UK£0.26 in 1H 2022) First half 2023 results: EPS: UK£0.30 (up from UK£0.26 in 1H 2022). Revenue: UK£76.5m (up 45% from 1H 2022). Net income: UK£28.1m (up 15% from 1H 2022). Profit margin: 37% (down from 46% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 19% p.a. on average during the next 2 years, while revenues in the Entertainment industry in the United Kingdom are expected to grow by 6.6%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. CEO, Director of Legal & Football Affairs and Director Michael Gordon Nicholson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 21
Full year 2022 earnings released: EPS: UK£0.062 (vs UK£0.13 loss in FY 2021) Full year 2022 results: EPS: UK£0.062 (up from UK£0.13 loss in FY 2021). Revenue: UK£88.2m (up 45% from FY 2021). Net income: UK£5.85m (up UK£18.5m from FY 2021). Profit margin: 6.6% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 12% per year. Price Target Changed • Apr 27
Price target increased to UK£1.56 Up from UK£1.43, the current price target is provided by 1 analyst. New target price is 16% above last closing price of UK£1.35. Stock is up 8.0% over the past year. The company posted a net loss per share of UK£0.13 last year. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. CEO, Director of Legal & Football Affairs and Director Michael Gordon Nicholson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 18% share price gain to UK£1.17, the stock trades at a trailing P/E ratio of 6.5x. Average forward P/E is 30x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 28% over the past three years. Reported Earnings • Feb 13
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: UK£0.26 (up from UK£0.054 loss in 1H 2021). Revenue: UK£52.9m (up 30% from 1H 2021). Net income: UK£24.3m (up UK£29.5m from 1H 2021). Profit margin: 46% (up from net loss in 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to stay flat compared to a 40% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 26
Full year 2021 earnings released: UK£0.13 loss per share (vs UK£0.004 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: UK£60.8m (down 14% from FY 2020). Net loss: UK£12.6m (loss widened UK£12.2m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 22
Full year 2021 earnings released: UK£0.13 loss per share (vs UK£0.004 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: UK£60.8m (down 14% from FY 2020). Net loss: UK£12.6m (loss widened UK£12.2m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Board Change • Sep 18
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Acting CEO, Director of Legal & Football Affairs and Director Michael Gordon Nicholson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Executive Departure • Jul 01
CEO & Executive Director Peter Lawwell has left the company On the 30th of June, Peter Lawwell's tenure as CEO & Executive Director ended. As of March 2021, Peter still personally held 356.00k shares (UK£409k worth at the time). Peter is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Feb 25
New 90-day high: UK£1.05 The company is up 2.0% from its price of UK£1.03 on 27 November 2020. The British market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 17% over the same period. Reported Earnings • Feb 18
First half 2021 earnings released: UK£0.054 loss per share (vs UK£0.20 profit in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: UK£40.7m (down 24% from 1H 2020). Net loss: UK£5.14m (down 127% from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 02
New 90-day low: UK£0.94 The company is down 8.0% from its price of UK£1.03 on 03 November 2020. The British market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 42% over the same period. Is New 90 Day High Low • Jan 06
New 90-day low: UK£0.99 The company is down 6.0% from its price of UK£1.06 on 08 October 2020. The British market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 35% over the same period. Reported Earnings • Nov 20
Full year 2020 earnings released: UK£0.004 loss per share The company reported a poor full year result with weaker earnings, revenues and control over expenses. Full year 2020 results: Revenue: UK£70.2m (down 16% from FY 2019). Net loss: UK£368.0k (down 104% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year and the company’s share price has also fallen by 8% per year. Is New 90 Day High Low • Oct 29
New 90-day low: UK£1.03 The company is down 11% from its price of UK£1.15 on 30 July 2020. The British market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 13% over the same period. Reported Earnings • Oct 27
Full year earnings released Over the last 12 months the company has reported total losses of UK£368.0k, with earnings decreasing by UK£9.13m from the prior year. Total revenue was UK£70.2m over the last 12 months, down 16% from the prior year. Is New 90 Day High Low • Oct 08
New 90-day low: UK£1.06 The company is down 8.0% from its price of UK£1.15 on 10 July 2020. The British market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 8.0% over the same period.