AIM:ASY

Stock Analysis Report

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.

Snowflake

Fundamentals

Flawless balance sheet with outstanding track record.

Risks

  • Andrews Sykes Group is not covered by any analysts.

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


Market Performance


7 Day Return

-2.7%

AIM:ASY

0.6%

GB Trade Distributors

1.6%

GB Market


1 Year Return

-3.5%

AIM:ASY

-3.1%

GB Trade Distributors

0.3%

GB Market

ASY matched the Trade Distributors industry (-3.1%) over the past year.

ASY underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 0.3% over the past year.


Share holder returns

ASYIndustryMarket
7 Day-2.7%0.6%1.6%
30 Day0%7.2%5.7%
90 Day-5.7%7.0%1.3%
1 Year0.2%-3.5%0.9%-3.1%5.1%0.3%
3 Year110.8%83.8%42.5%29.2%23.7%9.0%
5 Year121.1%66.7%78.1%54.2%29.9%2.5%

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 based on future cash flows and its price relative to the stock market?

15.48x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Andrews Sykes Group's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Andrews Sykes Group's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Andrews Sykes Group is good value based on earnings compared to the GB Trade Distributors industry average.

Andrews Sykes Group is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Andrews Sykes Group, we can't assess if its growth is good value.


Price Based on Value of Assets

Andrews Sykes Group is overvalued based on assets compared to the GB Trade Distributors industry average.


Next Steps

Future Growth

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

-8.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Andrews Sykes Group is high growth as no revenue estimate data is available.

Andrews Sykes Group's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Andrews Sykes Group's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.

Andrews Sykes Group's earnings are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.

Andrews Sykes Group's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Andrews Sykes Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

11.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Andrews Sykes Group's year on year earnings growth rate has been positive over the past 5 years.

Andrews Sykes Group's 1-year earnings growth exceeds its 5-year average (20.9% vs 11.6%)

Andrews Sykes Group's earnings growth has exceeded the GB Trade Distributors industry average in the past year (20.9% vs 5.7%).


Return on Equity

Andrews Sykes Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Andrews Sykes Group used its assets more efficiently than the GB Trade Distributors industry average last year based on Return on Assets.


Return on Capital Employed

Andrews Sykes Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Andrews Sykes Group's financial position?


Financial Position Analysis

Andrews Sykes Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Andrews Sykes Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Andrews Sykes Group's level of debt (7.6%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (18.1% vs 7.6% today).

Debt is well covered by operating cash flow (426.9%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 370.8x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 11.8x debt.


Next Steps

Dividend

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

3.81%

Current Dividend Yield


Dividend Yield and Payments Analysis

Andrews Sykes Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.99%).

Andrews Sykes Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.48%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.7x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Andrews Sykes Group's salary, the management and board of directors tenure and is there insider trading?

12.8yrs

Average management tenure


CEO

Paul Wood (56yo)

12.8yrs

Tenure

UK£566,000

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

Paul's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.

Paul's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

12.8yrs

Average Tenure

The average tenure for the Andrews Sykes Group management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

11.3yrs

Average Tenure

54.5yo

Average Age

The average tenure for the Andrews Sykes Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Mark Calderbank

    Company Secretary

    • Tenure: 19.9yrs
  • Paul Wood (56yo)

    MD & Executive Director

    • Tenure: 12.8yrs
    • Compensation: UK£566.00k
  • Andrew Phillips (55yo)

    Chief Financial Officer

    • Tenure: 4.6yrs

Board Members

  • Emmanuel David Olivier Sebag (51yo)

    Non Executive Director

    • Tenure: 0yrs
  • Jean-Jacques Murray (52yo)

    Non Executive Vice Chairman

    • Tenure: 11.3yrs
    • Compensation: UK£28.00k
  • Jacques Murray (99yo)

    Chairman

    • Tenure: 0yrs
  • Paul Wood (56yo)

    MD & Executive Director

    • Tenure: 12.8yrs
    • Compensation: UK£566.00k
  • Xavier Mignolet (55yo)

    Non-Executive Director

    • Tenure: 12.6yrs
  • Marie-Claire Leon (55yo)

    Non-Executive Director

    • Tenure: 12.6yrs
    • Compensation: UK£20.00k
  • Jean-Pierre Murray (51yo)

    Non Executive Director

    • Tenure: 11.1yrs
    • Compensation: UK£20.00k
  • Andrew Kitchingman (54yo)

    Senior Independent Non-Executive Director

    • Tenure: 1.2yrs
    • Compensation: UK£13.00k

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£263.590m
  • 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 Analysis2019/09/14 20:44
End of Day Share Price2019/09/13 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.