AIM:ASY

Stock Analysis Report

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Executive Summary

Andrews Sykes Group plc, an investment holding company, engages in the hire, sale, and installation of environmental control equipment in the United Kingdom, rest of Europe, the Middle East, Africa, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has Andrews Sykes Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ASY is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ASY's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

4.1%

ASY

2.0%

GB Trade Distributors

-0.2%

GB Market


1 Year Return

-9.8%

ASY

19.8%

GB Trade Distributors

-6.8%

GB Market

Return vs Industry: ASY underperformed the UK Trade Distributors industry which returned 14.9% over the past year.

Return vs Market: ASY matched the UK Market which returned -10.7% over the past year.


Shareholder returns

ASYIndustryMarket
7 Day4.1%2.0%-0.2%
30 Day14.5%11.2%14.7%
90 Day-9.8%14.2%7.6%
1 Year-2.4%-9.8%21.5%19.8%-3.1%-6.8%
3 Year31.2%11.7%43.3%32.6%2.6%-9.9%
5 Year131.8%76.2%93.9%71.3%31.1%1.5%

Long-Term Price Volatility Vs. Market

How volatile is Andrews Sykes Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Andrews Sykes Group undervalued compared to its fair value and its price relative to the market?

48.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ASY (£5.73) is trading below our estimate of fair value (£11.2)

Significantly Below Fair Value: ASY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ASY is good value based on its PE Ratio (15.4x) compared to the GB Trade Distributors industry average (22x).

PE vs Market: ASY is good value based on its PE Ratio (15.4x) compared to the UK market (21.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ASY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ASY is overvalued based on its PB Ratio (3.7x) compared to the GB Trade Distributors industry average (1.7x).


Next Steps

Future Growth

How is Andrews Sykes Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.6%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Andrews Sykes Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Andrews Sykes Group performed over the past 5 years?

7.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASY has high quality earnings.

Growing Profit Margin: ASY's current net profit margins (20.6%) are higher than last year (19.8%).


Past Earnings Growth Analysis

Earnings Trend: ASY's earnings have grown by 7.1% per year over the past 5 years.

Accelerating Growth: ASY's earnings growth over the past year (4.5%) is below its 5-year average (7.1% per year).

Earnings vs Industry: ASY earnings growth over the past year (4.5%) exceeded the Trade Distributors industry -24.2%.


Return on Equity

High ROE: ASY's Return on Equity (24.2%) is considered high.


Next Steps

Financial Health

How is Andrews Sykes Group's financial position?


Financial Position Analysis

Short Term Liabilities: ASY's short term assets (£58.8M) exceed its short term liabilities (£18.4M).

Long Term Liabilities: ASY's short term assets (£58.8M) exceed its long term liabilities (£12.4M).


Debt to Equity History and Analysis

Debt Level: ASY's debt to equity ratio (5.4%) is considered satisfactory.

Reducing Debt: ASY's debt to equity ratio has reduced from 14.7% to 5.4% over the past 5 years.

Debt Coverage: ASY's debt is well covered by operating cash flow (730.3%).

Interest Coverage: ASY's interest payments on its debt are well covered by EBIT (34.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Andrews Sykes Group current dividend yield, its reliability and sustainability?

3.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ASY's dividend (3.67%) is higher than the bottom 25% of dividend payers in the UK market (1.69%).

High Dividend: ASY's dividend (3.67%) is low compared to the top 25% of dividend payers in the UK market (4.96%).


Stability and Growth of Payments

Stable Dividend: ASY's dividend payments have been volatile in the past 10 years.

Growing Dividend: ASY's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (60.4%), ASY's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

12.5yrs

Average board tenure


CEO

Paul Wood (58 yo)

13.92yrs

Tenure

UK£459,000

Compensation

Mr. Paul Thomas Wood has been Managing Director of Andrews Sykes Group plc since December 5, 2006. Mr. Wood is an Industry specialist and served as Director of Operations of Andrews Sykes Group plc since M...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD612.30K) is below average for companies of similar size in the UK market ($USD884.47K).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Paul Wood
MD & Executive Director13.92yrsUK£459.00k0.019%
£ 43.7k
Emmanuel David Olivier Sebag
Non-Executive Directorno datano datano data
Jean-Jacques Murray
Vice Chairman12.5yrsUK£29.00k0.55%
£ 1.3m
Jacques-Gaston Murray
Non-Executive Chairmanno datano data0.71%
£ 1.6m
Xavier Mignolet
Non-Executive Director13.75yrsno datano data
Marie-Claire Leon
Non-Executive Director13.75yrsUK£20.00kno data
Jean-Pierre Murray
Non-Executive Director12.25yrsUK£20.00k2.75%
£ 6.4m
Andrew Kitchingman
Senior Independent Non-Executive Director2.33yrsUK£28.00kno data

12.5yrs

Average Tenure

55.5yo

Average Age

Experienced Board: ASY's board of directors are seasoned and experienced ( 12.5 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Andrews Sykes Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Andrews Sykes Group plc
  • Ticker: ASY
  • Exchange: AIM
  • Founded: 1857
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: UK£231.959m
  • Shares outstanding: 42.17m
  • Website: https://www.andrews-sykes.com

Number of Employees


Location

  • Andrews Sykes Group plc
  • St David's Court
  • Union Street
  • Wolverhampton
  • West Midlands
  • WV1 3JE
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ASYAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJan 1992

Biography

Andrews Sykes Group plc, an investment holding company, engages in the hire, sale, and installation of environmental control equipment in the United Kingdom, rest of Europe, the Middle East, Africa, and in...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/01 18:53
End of Day Share Price2020/12/01 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.