Smartspace Software Plc, together with its subsidiaries, provides software, technology, and services in the smart buildings and commercial spaces market in the United Kingdom.
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Mediocre balance sheet with limited growth.
Share Price & News
How has Smartspace Software's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DZV2's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: DZV2 underperformed the German IT industry which returned -6.7% over the past year.
Return vs Market: DZV2 underperformed the German Market which returned -14.1% over the past year.
Price Volatility Vs. Market
How volatile is Smartspace Software's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Smartspace Software undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate DZV2's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DZV2's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DZV2 is unprofitable, so we can't compare its PE Ratio to the IT industry average.
PE vs Market: DZV2 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DZV2's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DZV2 is good value based on its PB Ratio (0.2x) compared to the DE IT industry average (3.2x).
How is Smartspace Software forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if DZV2's forecast earnings growth is above the savings rate (-0.4%).
Earnings vs Market: Insufficient data to determine if DZV2's earnings are forecast to grow faster than the German market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DZV2's revenue (52.1% per year) is forecast to grow faster than the German market (4% per year).
High Growth Revenue: DZV2's revenue (52.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DZV2's Return on Equity is forecast to be high in 3 years time
How has Smartspace Software performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DZV2 is currently unprofitable.
Growing Profit Margin: DZV2 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DZV2 is unprofitable, and losses have increased over the past 5 years at a rate of -30.8% per year.
Accelerating Growth: Unable to compare DZV2's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DZV2 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (2.5%).
Return on Equity
High ROE: DZV2 has a negative Return on Equity (-17.03%), as it is currently unprofitable.
How is Smartspace Software's financial position?
Financial Position Analysis
Short Term Liabilities: DZV2's short term assets (£7.3M) exceed its short term liabilities (£2.6M).
Long Term Liabilities: DZV2's short term assets (£7.3M) exceed its long term liabilities (£1.3M).
Debt to Equity History and Analysis
Debt Level: DZV2's debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: DZV2's debt to equity ratio has increased from 0.02% to 2.1% over the past 5 years.
Inventory Level: DZV2 has a low level of unsold assets or inventory.
Debt Coverage by Assets: DZV2's debt is covered by short term assets (assets are 17.6x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DZV2 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DZV2 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -9.4% each year
What is Smartspace Software's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DZV2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate DZV2's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DZV2's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DZV2's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DZV2's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Frank Beechinor-Collins (55yo)
Mr. Francis Beechinor-Collins, also known as Frank, serves as the Chief Executive Officer of Cadence Performance Limited. He serves as the Chief Executive Officer at RedstoneConnect Plc (alternate name: Co ...
CEO Compensation Analysis
Compensation vs Market: Frank's total compensation ($USD364.93K) is about average for companies of similar size in the German market ($USD429.96K).
Compensation vs Earnings: Frank's compensation has increased whilst the company is unprofitable.
|CEO & Director||1.75yrs||UK£294.00k||0.32% £17.6k|
|CFO & Director||1.33yrs||UK£171.71k||no data|
|Chief Operations Officer||1.33yrs||UK£200.08k||no data|
|Chief Technology Officer||3.83yrs||no data||no data|
|Head of Investor Relations)||no data||no data||no data|
|Group HR Director||6yrs||no data||no data|
|Head of Support/IT and Networks||6.67yrs||no data||no data|
|Head of Software||6yrs||no data||no data|
|Head of Customer Service||6yrs||no data||no data|
Experienced Management: DZV2's management team is considered experienced (3.8 years average tenure).
|CEO & Director||1.75yrs||UK£294.00k||0.32% £17.6k|
|CFO & Director||1.33yrs||UK£171.71k||no data|
|Non-Executive Director||6.42yrs||UK£44.00k||0.14% £7.8k|
|Non-Executive Chairman||1.75yrs||UK£57.00k||0.11% £5.9k|
Experienced Board: DZV2's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.
Smartspace Software Plc's company bio, employee growth, exchange listings and data sources
- Name: Smartspace Software Plc
- Ticker: DZV2
- Exchange: BST
- Founded: 2000
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: UK£4.945m
- Listing Market Cap: UK£5.536m
- Shares outstanding: 28.26m
- Website: https://www.smartspaceplc.com
Number of Employees
- Smartspace Software Plc
- The Village
- Building 250
- Greater London
- LU2 8DL
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SMRT||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Mar 2005|
|DZV2||BST (Boerse-Stuttgart)||Yes||Ordinary Shares||DE||EUR||Mar 2005|
Smartspace Software Plc, together with its subsidiaries, provides software, technology, and services in the smart buildings and commercial spaces market in the United Kingdom. The company operates through three segments: Systems Integration, Managed Services, and Software. It offers smart solutions for offices, buildings, destinations, and cities. The company provides Connect Labs, a software and solutions platform, which engages in the delivery of smart workings, retails, and sports applications for business, employee, and consumer engagement; and OneSpace, a space utilization and occupancy management software solutions that manages within the spaces of real-estate, workspace, and people, as well as provides workplace and desk management, meeting room booking, visitor management and car parking, integrating building management systems, Internet of Things sensors, and access controls. It also offers managed services, such as cloud and hybrid solution, voice and video platform, virtual infrastructure platform, connectivity service, and service desk solution. In addition, the company provides infrastructure and software applications to deliver smart buildings and smart workspace solutions for commercial businesses, public sector organizations, real estate owners, and managers. The company was formerly known as RedstoneConnect Plc and changed its name to Smartspace Software Plc in July 2018. Smartspace Software Plc was founded in 2000 and is based in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/27 22:52|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.