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FLO

Flowtech FluidpowerAIM:FLO Stock Report

Last Price

UK£1.45

Market Cap

UK£89.2m

7D

2.8%

1Y

41.5%

Updated

18 Jan, 2022

Data

Company Financials +
FLO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance1/6
Financial Health5/6
Dividends0/6

FLO Stock Overview

Flowtech Fluidpower plc, together with its subsidiaries, distributes engineering components and assemblies in the areas of fluid power industry in the United Kingdom, rest of Europe, internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Flowtech Fluidpower
Historical stock prices
Current Share PriceUK£1.45
52 Week HighUK£1.57
52 Week LowUK£0.91
Beta1.4
1 Month Change11.54%
3 Month Change4.32%
1 Year Change41.46%
3 Year Change22.88%
5 Year Change16.82%
Change since IPO31.07%

Recent News & Updates

Jul 20
A Look At The Fair Value Of Flowtech Fluidpower plc (LON:FLO)

A Look At The Fair Value Of Flowtech Fluidpower plc (LON:FLO)

In this article we are going to estimate the intrinsic value of Flowtech Fluidpower plc ( LON:FLO ) by taking the...

Mar 22
Flowtech Fluidpower (LON:FLO) Will Be Hoping To Turn Its Returns On Capital Around

Flowtech Fluidpower (LON:FLO) Will Be Hoping To Turn Its Returns On Capital Around

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Jan 29
Reflecting on Flowtech Fluidpower's (LON:FLO) Share Price Returns Over The Last Three Years

Reflecting on Flowtech Fluidpower's (LON:FLO) Share Price Returns Over The Last Three Years

Flowtech Fluidpower plc ( LON:FLO ) shareholders will doubtless be very grateful to see the share price up 32% in the...

Shareholder Returns

FLOGB Trade DistributorsGB Market
7D2.8%0.2%0.8%
1Y41.5%34.7%9.4%

Return vs Industry: FLO exceeded the UK Trade Distributors industry which returned 34.7% over the past year.

Return vs Market: FLO exceeded the UK Market which returned 9.4% over the past year.

Price Volatility

Is FLO's price volatile compared to industry and market?
FLO volatility
FLO Average Weekly Movement4.2%
Trade Distributors Industry Average Movement3.8%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.4%

Stable Share Price: FLO is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: FLO's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983629Bryce Brookshttps://www.flowtechfluidpower.com

Flowtech Fluidpower plc, together with its subsidiaries, distributes engineering components and assemblies in the areas of fluid power industry in the United Kingdom, rest of Europe, internationally. The company operates through two segments, Components and Services. It offers hydraulic rubber and thermoplastic hose assembly kits, hydraulic cylinders and semi-rotary actuators, bespoke hydraulic power units and packs, electrical control panels, purification and filtration systems, manipulated pipes and individual machined components, specialist valves and actuation equipment, safety pipework, transfer pumps, breather valves and instrumentals, and mobile systems, as well as various industrial, pneumatic, and hydraulic components.

Flowtech Fluidpower Fundamentals Summary

How do Flowtech Fluidpower's earnings and revenue compare to its market cap?
FLO fundamental statistics
Market CapUK£89.16m
Earnings (TTM)UK£526.00k
Revenue (TTM)UK£103.81m

169.6x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FLO income statement (TTM)
RevenueUK£103.81m
Cost of RevenueUK£67.99m
Gross ProfitUK£35.82m
ExpensesUK£35.29m
EarningsUK£526.00k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0086
Gross Margin34.51%
Net Profit Margin0.51%
Debt/Equity Ratio22.7%

How did FLO perform over the long term?

See historical performance and comparison

Valuation

Is Flowtech Fluidpower undervalued compared to its fair value and its price relative to the market?

169.59x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FLO (£1.45) is trading above our estimate of fair value (£0.71)

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


Price To Earnings Ratio

PE vs Industry: FLO is poor value based on its PE Ratio (169.6x) compared to the UK Trade Distributors industry average (21.1x).

PE vs Market: FLO is poor value based on its PE Ratio (169.6x) compared to the UK market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: FLO is poor value based on its PEG Ratio (2.7x)


Price to Book Ratio

PB vs Industry: FLO is good value based on its PB Ratio (1x) compared to the GB Trade Distributors industry average (1.8x).


Future Growth

How is Flowtech Fluidpower forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

63.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FLO's forecast earnings growth (63.8% per year) is above the savings rate (0.9%).

Earnings vs Market: FLO's earnings (63.8% per year) are forecast to grow faster than the UK market (12.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FLO's revenue (5% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: FLO's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if FLO's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Flowtech Fluidpower performed over the past 5 years?

-35.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FLO has a large one-off loss of £431.0K impacting its June 30 2021 financial results.

Growing Profit Margin: FLO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: FLO's earnings have declined by 35.9% per year over the past 5 years.

Accelerating Growth: FLO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FLO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (44.2%).


Return on Equity

High ROE: FLO's Return on Equity (0.6%) is considered low.


Financial Health

How is Flowtech Fluidpower's financial position?


Financial Position Analysis

Short Term Liabilities: FLO's short term assets (£56.1M) exceed its short term liabilities (£23.3M).

Long Term Liabilities: FLO's short term assets (£56.1M) exceed its long term liabilities (£27.3M).


Debt to Equity History and Analysis

Debt Level: FLO's net debt to equity ratio (14.1%) is considered satisfactory.

Reducing Debt: FLO's debt to equity ratio has reduced from 26.5% to 22.7% over the past 5 years.

Debt Coverage: FLO's debt is well covered by operating cash flow (20.3%).

Interest Coverage: FLO's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet


Dividend

What is Flowtech Fluidpower current dividend yield, its reliability and sustainability?

1.89%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate FLO'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 FLO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FLO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: FLO is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FLO's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Bryce Brooks (55 yo)

3.33yrs

Tenure

UK£242,000

Compensation

Mr. Bryce Brooks has been the Chief Executive Officer of Flowtech Fluidpower plc since September 18, 2018. He served as the Chief Financial Officer of Flowtech Fluidpower Plc since March 2010 until Novembe...


CEO Compensation Analysis

Compensation vs Market: Bryce's total compensation ($USD328.65K) is about average for companies of similar size in the UK market ($USD329.45K).

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


Leadership Team

Experienced Management: FLO's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: FLO's board of directors are not considered experienced ( 1.6 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Flowtech Fluidpower plc's employee growth, exchange listings and data sources


Key Information

  • Name: Flowtech Fluidpower plc
  • Ticker: FLO
  • Exchange: AIM
  • Founded: 1983
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Implied Market Cap: UK£89.164m
  • Shares outstanding: 61.49m
  • Website: https://www.flowtechfluidpower.com

Number of Employees


Location

  • Flowtech Fluidpower plc
  • Bollin House
  • Bollin Walk
  • Wilmslow
  • Cheshire
  • SK9 1DP
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/18 21:23
End of Day Share Price2022/01/18 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.