BME:GALQ

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General de Alquiler de Maquinaria

Executive Summary

General de Alquiler de Maquinaria, S.A. primarily engages in the equipment rental business in Spain and internationally. More Details


Snowflake Analysis

Proven track record and slightly overvalued.

Share Price & News

How has General de Alquiler de Maquinaria's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GALQ is more volatile than 75% of Spanish stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: GALQ's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Spanish stocks.


Market Performance


7 Day Return

10.8%

GALQ

1.3%

ES Trade Distributors

2.2%

ES Market


1 Year Return

-41.8%

GALQ

16.1%

ES Trade Distributors

-9.7%

ES Market

Return vs Industry: GALQ underperformed the Spanish Trade Distributors industry which returned 17.6% over the past year.

Return vs Market: GALQ underperformed the Spanish Market which returned -11.2% over the past year.


Shareholder returns

GALQIndustryMarket
7 Day10.8%1.3%2.2%
30 Day10.8%3.4%15.6%
90 Day9.7%7.7%13.8%
1 Year-41.0%-41.8%17.6%16.1%-7.2%-9.7%
3 Year-13.1%-33.5%40.3%30.5%-6.9%-15.3%
5 Year-45.3%-58.1%84.6%63.0%-2.6%-17.4%

Long-Term Price Volatility Vs. Market

How volatile is General de Alquiler de Maquinaria's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is General de Alquiler de Maquinaria undervalued compared to its fair value and its price relative to the market?

1.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GALQ (€1.13) is trading above our estimate of fair value (€0.57)

Significantly Below Fair Value: GALQ is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GALQ is good value based on its PE Ratio (1.9x) compared to the XE Trade Distributors industry average (17.9x).

PE vs Market: GALQ is good value based on its PE Ratio (1.9x) compared to the Spanish market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: GALQ's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: GALQ is overvalued based on its PB Ratio (1.6x) compared to the XE Trade Distributors industry average (1.4x).


Next Steps

Future Growth

How is General de Alquiler de Maquinaria forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-45.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GALQ's earnings are forecast to decline over the next 3 years (-45.7% per year).

Earnings vs Market: GALQ's earnings are forecast to decline over the next 3 years (-45.7% per year).

High Growth Earnings: GALQ's earnings are forecast to decline over the next 3 years.

Revenue vs Market: GALQ's revenue (3.2% per year) is forecast to grow slower than the Spanish market (6.5% per year).

High Growth Revenue: GALQ's revenue (3.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GALQ's Return on Equity is forecast to be low in 3 years time (9%).


Next Steps

Past Performance

How has General de Alquiler de Maquinaria performed over the past 5 years?

70.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GALQ has a large one-off gain of €49.4M impacting its June 30 2020 financial results.

Growing Profit Margin: GALQ's current net profit margins (21.8%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: GALQ has become profitable over the past 5 years, growing earnings by 70% per year.

Accelerating Growth: GALQ's earnings growth over the past year (740.6%) exceeds its 5-year average (70% per year).

Earnings vs Industry: GALQ earnings growth over the past year (740.6%) exceeded the Trade Distributors industry -6.1%.


Return on Equity

High ROE: Whilst GALQ's Return on Equity (65.52%) is outstanding, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is General de Alquiler de Maquinaria's financial position?


Financial Position Analysis

Short Term Liabilities: GALQ's short term assets (€55.4M) do not cover its short term liabilities (€151.7M).

Long Term Liabilities: GALQ's short term assets (€55.4M) do not cover its long term liabilities (€57.2M).


Debt to Equity History and Analysis

Debt Level: GALQ's debt to equity ratio (280.8%) is considered high.

Reducing Debt: GALQ had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: GALQ's debt is well covered by operating cash flow (29.8%).

Interest Coverage: GALQ's interest payments on its debt are not well covered by EBIT (0.1x coverage).


Balance Sheet


Next Steps

Dividend

What is General de Alquiler de Maquinaria current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GALQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GALQ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GALQ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GALQ'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 GALQ's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average board tenure


CEO

Pedro Luis Fernández Pérez

no data

Tenure

€811,000

Compensation

Mr. Pedro Luis Fernández Pérez serves as the Chairman of the Board and Chief Executive Officer at General de Alquiler de Maquinaria, S.A. Mr. Fernández Pérez is the founder of General de Alquiler de Maquin...


CEO Compensation Analysis

Compensation vs Market: Pedro Luis's total compensation ($USD0.00) is below average for companies of similar size in the Spanish market ($USD313.64K).

Compensation vs Earnings: Pedro Luis's compensation has increased by more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Pedro Luis Fernández Pérez
Chairman & CEOno data€811.00kno data
Jacobo Cosmen Menéndez-Castañedo
Lead Independent Director2.83yrsno datano data
Verónica María Pascual Boé
Independent Director2.42yrsno datano data
Francisco José Mera
Director1.17yrsno datano data
Patricia López
Director1.17yrsno datano data
Ignacio Martínez
Independent Director1.17yrsno datano data

1.2yrs

Average Tenure

Experienced Board: GALQ's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 89.5%.


Top Shareholders

Company Information

General de Alquiler de Maquinaria, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: General de Alquiler de Maquinaria, S.A.
  • Ticker: GALQ
  • Exchange: BME
  • Founded: 2003
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: €71.271m
  • Shares outstanding: 63.07m
  • Website: https://www.gamrentals.com

Number of Employees


Location

  • General de Alquiler de Maquinaria, S.A.
  • Carretera Tiñana Km.1
  • Granda
  • Siero
  • Principality of Asturias
  • 33199
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GALQBME (Bolsas y Mercados Espanoles)YesOrdinary SharesESEURJun 2006
0RTJLSE (London Stock Exchange)YesOrdinary SharesGBEURJun 2006
GALQEBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJun 2006

Biography

General de Alquiler de Maquinaria, S.A. primarily engages in the equipment rental business in Spain and internationally. It rents lifting equipment, energy equipment, handling equipment, earthmoving equipm...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 21:50
End of Day Share Price2020/11/24 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.