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ITM Power

AIM:ITM
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ITM
AIM
£116M
Market Cap
  1. Home
  2. GB
  3. Capital Goods
Company description

ITM Power Plc designs, manufactures, and sells hydrogen energy systems for energy storage, clean fuel production, and renewable chemistry in the United Kingdom, Germany, Italy, rest of Europe, and North America. The last earnings update was 191 days ago. More info.


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  • ITM Power has significant price volatility in the past 3 months.
ITM Share Price and Events
7 Day Returns
-8.3%
AIM:ITM
4.4%
GB Electrical
0.3%
GB Market
1 Year Returns
9.2%
AIM:ITM
-16.5%
GB Electrical
-1.9%
GB Market
ITM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ITM Power (ITM) -8.3% 18.4% 68.6% 9.2% 104.3% 23.3%
GB Electrical 4.4% 7.4% -4.2% -16.5% -66.8% -88.7%
GB Market 0.3% 1.9% 0.4% -1.9% 11.4% 6.7%
1 Year Return vs Industry and Market
  • ITM outperformed the Electrical industry which returned -16.5% over the past year.
  • ITM outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -1.9% over the past year.
Price Volatility
ITM
Industry
5yr Volatility vs Market

ITM Value

 Is ITM Power undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for ITM Power. This is due to cash flow or dividend data being unavailable. The share price is £0.3575.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for ITM Power's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ITM Power's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:ITM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in GBP £-0.03
AIM:ITM Share Price ** AIM (2019-07-18) in GBP £0.36
United Kingdom of Great Britain and Northern Ireland Electrical Industry PE Ratio Median Figure of 8 Publicly-Listed Electrical Companies 20.3x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 791 Publicly-Listed Companies 16.52x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of ITM Power.

AIM:ITM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:ITM Share Price ÷ EPS (both in GBP)

= 0.36 ÷ -0.03

-12.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ITM Power is loss making, we can't compare its value to the GB Electrical industry average.
  • ITM Power is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does ITM Power's expected growth come at a high price?
Raw Data
AIM:ITM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -12.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
64.3%per year
United Kingdom of Great Britain and Northern Ireland Electrical Industry PEG Ratio Median Figure of 5 Publicly-Listed Electrical Companies 0.91x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 572 Publicly-Listed Companies 1.43x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for ITM Power, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ITM Power's assets?
Raw Data
AIM:ITM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in GBP £0.11
AIM:ITM Share Price * AIM (2019-07-18) in GBP £0.36
United Kingdom of Great Britain and Northern Ireland Electrical Industry PB Ratio Median Figure of 20 Publicly-Listed Electrical Companies 1.94x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,377 Publicly-Listed Companies 1.51x
AIM:ITM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:ITM Share Price ÷ Book Value per Share (both in GBP)

= 0.36 ÷ 0.11

3.39x

* Primary Listing of ITM Power.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ITM Power is overvalued based on assets compared to the GB Electrical industry average.
X
Value checks
We assess ITM Power's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. ITM Power has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ITM Future Performance

 How is ITM Power expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
64.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ITM Power expected to grow at an attractive rate?
  • ITM Power's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • ITM Power's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • ITM Power's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:ITM Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:ITM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 64.3%
AIM:ITM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 51.9%
United Kingdom of Great Britain and Northern Ireland Electrical Industry Earnings Growth Rate Market Cap Weighted Average 43.2%
United Kingdom of Great Britain and Northern Ireland Electrical Industry Revenue Growth Rate Market Cap Weighted Average 8.5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:ITM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:ITM Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-04-30 57 3 1
2021-04-30 37 -1 -1 1
2020-04-30 23 1 -5 1
2019-04-30 17 -13 -8 1
AIM:ITM Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-10-31 3 -11 -9
2018-07-31 3 -10 -7
2018-04-30 3 -8 -6
2018-01-31 4 -6 -5
2017-10-31 4 -5 -4
2017-07-31 3 -5 -4
2017-04-30 2 -5 -4
2017-01-31 2 -5 -4
2016-10-31 2 -5 -3
2016-07-31 2 -6 -4
2016-04-30 2 -7 -4
2016-01-31 2 -7 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • ITM Power's earnings are expected to grow significantly at over 20% yearly.
  • ITM Power's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:ITM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from ITM Power Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:ITM Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-04-30 0.01 0.01 0.01 1.00
2021-04-30 0.00 0.00 0.00 1.00
2020-04-30 -0.02 -0.02 -0.02 1.00
2019-04-30 -0.03 -0.03 -0.03 1.00
AIM:ITM Past Financials Data
Date (Data in GBP Millions) EPS *
2018-10-31 -0.03
2018-07-31 -0.03
2018-04-30 -0.02
2018-01-31 -0.02
2017-10-31 -0.02
2017-07-31 -0.02
2017-04-30 -0.02
2017-01-31 -0.02
2016-10-31 -0.02
2016-07-31 -0.02
2016-04-30 -0.02
2016-01-31 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if ITM Power will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess ITM Power's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
ITM Power has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ITM Past Performance

  How has ITM Power performed over the past 5 years?

  • ITM Power's last earnings update was 191 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare ITM Power's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • ITM Power does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare ITM Power's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare ITM Power's 1-year growth to the GB Electrical industry average as it is not currently profitable.
Earnings and Revenue History
ITM Power's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from ITM Power Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:ITM Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 2.74 -8.78 4.97 1.95
2018-07-31 3.01 -7.45 4.76 1.87
2018-04-30 3.28 -6.12 4.54 1.79
2018-01-31 3.52 -5.11 4.55 1.99
2017-10-31 3.75 -4.11 4.57 2.19
2017-07-31 3.08 -3.94 4.15 2.11
2017-04-30 2.42 -3.78 3.73 2.02
2017-01-31 2.05 -3.60 3.43 1.85
2016-10-31 1.68 -3.43 3.14 1.68
2016-07-31 1.81 -3.71 3.11 1.81
2016-04-30 1.93 -4.00 3.09 1.95
2016-01-31 1.85 -4.40 3.05 1.88
2015-10-31 1.77 -4.80 3.01 1.81
2015-07-31 1.70 -5.21 2.82 3.06
2015-04-30 1.64 -5.61 2.63 4.32
2015-01-31 1.29 -6.86 2.45 5.04
2014-10-31 0.94 -8.11 2.28 5.75
2014-07-31 1.03 -7.95 2.29 4.87
2014-04-30 1.13 -7.79 2.30 3.98
2014-01-31 0.95 -6.70 2.23 3.92
2013-10-31 0.77 -5.61 2.16 3.86
2013-07-31 0.43 -5.75 2.16 4.15
2013-04-30 0.09 -5.90 2.15 4.45
2013-01-31 0.28 -6.24 2.16 4.62
2012-10-31 0.47 -6.58 2.17 4.79
2012-07-31 0.48 -6.41 2.06 4.77

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if ITM Power has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if ITM Power has efficiently used its assets last year compared to the GB Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if ITM Power improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess ITM Power's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
ITM Power has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ITM Health

 How is ITM Power's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up ITM Power's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ITM Power is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ITM Power has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ITM Power's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • ITM Power has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from ITM Power Company Filings, last reported 8 months ago.

AIM:ITM Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 30.30 0.00 15.60
2018-07-31 30.30 0.00 15.60
2018-04-30 35.59 0.00 20.40
2018-01-31 35.59 0.00 20.40
2017-10-31 39.11 0.00 26.19
2017-07-31 39.11 0.00 26.19
2017-04-30 13.07 0.00 1.56
2017-01-31 13.07 0.00 1.56
2016-10-31 9.51 0.00 1.73
2016-07-31 9.51 0.00 1.73
2016-04-30 11.64 0.00 1.21
2016-01-31 11.64 0.00 1.21
2015-10-31 7.53 0.00 2.60
2015-07-31 7.53 0.00 2.60
2015-04-30 10.34 0.00 6.58
2015-01-31 10.34 0.00 6.58
2014-10-31 7.42 0.00 6.67
2014-07-31 7.42 0.00 6.67
2014-04-30 11.00 0.00 9.76
2014-01-31 11.00 0.00 9.76
2013-10-31 6.03 0.00 3.70
2013-07-31 6.03 0.00 3.70
2013-04-30 7.38 0.00 5.94
2013-01-31 7.38 0.00 5.94
2012-10-31 9.72 0.00 8.05
2012-07-31 9.72 0.00 8.05
  • ITM Power has no debt.
  • ITM Power has not taken on any debt in the past 5 years.
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.

  • ITM Power has less than a year of cash runway based on current free cash flow.
  • ITM Power has less than a year of cash runway if free cash flow continues to grow at historical rates of 21.7% each year.
X
Financial health checks
We assess ITM Power's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. ITM Power has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ITM Dividends

 What is ITM Power's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from ITM Power dividends.
If you bought £2,000 of ITM Power shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate ITM Power's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ITM Power's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:ITM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Electrical Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 1.9%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:ITM Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-04-30
2021-04-30
2020-04-30
2019-04-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as ITM Power has not reported any payouts.
  • Unable to verify if ITM Power's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ITM Power's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ITM Power has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess ITM Power's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can ITM Power afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ITM Power has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ITM Management

 What is the CEO of ITM Power's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Graham Cooley
COMPENSATION £409,000
AGE 55
TENURE AS CEO 10.1 years
CEO Bio

Dr. Graham Edward Cooley, B.Sc. (Hons), M.Phil, Ph. D has been the Chief Executive Officer of ITM Power Plc since June 29, 2009. Dr. Cooley served as the Chief Executive Officer of Universal Sensors Ltd and Sensortec Limited since August 2007. He serves as a Member of the Executive Committee of the US Fuel Cell Council (USFCC). He is experienced in the development of technology and business opportunities in both a start-up and mature corporate environment. He has extensive academic and practical experience of the power and electrochemical industries. Dr. Cooley served as the Chief Executive Officer of Metalysis Ltd., and Antenova Ltd. He served as Business Development Manager of International Power PLC from 1999 to 2000, National Power PLC from 1997 to 1999 and Technology and Business Manager of Regenesys, National Power PLC from 1992 to 1997. He served as Business Development and R&D Manager at CERL from 1989 to 1992. He joined the Board of CERL in April 2003 as Chief Executive. Dr. Cooley serves as a Director of ITM Power Plc, Sensortec Ltd., Universal Sensors Ltd., Cawood Plc., and Cogswell & Harrison Ltd. He graduated from UWIST in Physics and an MBA from Bradford University in 1999 and has a PhD in Materials Technology from Brunel University in 1989.

CEO Compensation
  • Graham's compensation has increased whilst company is loss making.
  • Graham's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the ITM Power management team in years:

3.4
Average Tenure
44
Average Age
  • The tenure for the ITM Power management team is about average.
Management Team

Graham Cooley

TITLE
CEO & Executive Director
COMPENSATION
£409K
AGE
55
TENURE
10.1 yrs

Andy Allen

TITLE
Finance Director
COMPENSATION
£97K
AGE
36
TENURE
4.5 yrs

Simon Bourne

TITLE
CTO & Executive Director
COMPENSATION
£269K
AGE
44

Rachel Smith

TITLE
Executive Director
COMPENSATION
£134K
AGE
44

Nicola Edmonds

TITLE
Head of Legal
TENURE
0.8 yrs

Rebecca Markillie

TITLE
Marketing Manager & PA to CEO
TENURE
3.4 yrs

John Newton

TITLE
Managing Director of ITM Motive
TENURE
5.8 yrs

Neil Thompson

TITLE
Managing Director of ITM Power Pty Ltd
TENURE
1.6 yrs

Mark Theaker

TITLE
Head of Procurement
TENURE
0.8 yrs

Charles Purkess

TITLE
Business Development Manager
TENURE
3.4 yrs
Board of Directors Tenure

Average tenure and age of the ITM Power board of directors in years:

4.5
Average Tenure
64
Average Age
  • The tenure for the ITM Power board of directors is about average.
Board of Directors

Roger Putnam

TITLE
Non-Executive Chairman
COMPENSATION
£160K
AGE
73
TENURE
9.6 yrs

Graham Cooley

TITLE
CEO & Executive Director
COMPENSATION
£409K
AGE
55

Andy Allen

TITLE
Finance Director
COMPENSATION
£97K
AGE
36
TENURE
1.2 yrs

Simon Bourne

TITLE
CTO & Executive Director
COMPENSATION
£269K
AGE
44
TENURE
9.7 yrs

Rachel Smith

TITLE
Executive Director
COMPENSATION
£134K
AGE
44
TENURE
3.8 yrs

Roger Freeman

TITLE
Non-Executive Director
COMPENSATION
£35K
AGE
76
TENURE
8.8 yrs

Roger Bone

TITLE
Non-Executive Director
COMPENSATION
£35K
AGE
75
TENURE
4.5 yrs

Bob Pendlebury

TITLE
Non-Executive Director
AGE
77
TENURE
4.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess ITM Power's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. ITM Power has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ITM News

Simply Wall St News

If You Had Bought ITM Power (LON:ITM) Shares Three Years Ago You'd Have Made 84%

Just take a look at ITM Power Plc (LON:ITM), which is up 84%, over three years, soundly beating the market return of 16% (not including dividends). … View our latest analysis for ITM Power ITM Power isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … The share price rise of 23% per year throughout that time is nice to see, and given the revenue growth, that gain seems somewhat justified.

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Does ITM Power Plc's (LON:ITM) CEO Salary Compare Well With Others?

See our latest analysis for ITM Power How Does Graham Cooley's Compensation Compare With Similar Sized Companies? … As you can see, Graham Cooley is paid more than the median CEO pay at companies of a similar size, in the same market. … We compared total CEO remuneration at ITM Power Plc with the amount paid at companies with a similar market capitalization.

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Did ITM Power's Share Price Deserve to Gain 73%?

Given that ITM Power didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. … While the compound gain of 20% per year over three years is pretty good, you might argue it doesn't fully reflect the strong revenue growth.

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How Does Investing In ITM Power plc (LON:ITM) Impact The Volatility Of Your Portfolio?

If you're interested in ITM Power plc (LON:ITM), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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What Investors Should Know About ITM Power plc's (LON:ITM) Financial Strength

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is ITM growing fast enough to value financial flexibility over lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

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How Much is ITM Power plc's (LON:ITM) CEO Getting Paid?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Graham Cooley's Compensation Compare With Similar Sized Companies. … It would therefore appear that ITM Power plc pays Graham Cooley more than the median CEO remuneration at companies of a similar size, in the same market

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How ITM Power plc (LON:ITM) Can Impact Your Portfolio Volatility

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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Analysts Expect Breakeven For ITM Power plc (LON:ITM)

ITM Power plc designs, manufactures, and sells hydrogen energy systems for energy storage and clean fuel production in the United Kingdom. … The company’s loss has recently broadened since it announced a -UK£3.78m loss in the full financial year, compared to the latest trailing-twelve-month loss of -UK£4.11m, moving it further away from breakeven? … I’ve put together a brief outline of industry analyst expectations for ITM, its year of breakeven and its implied growth rate.

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Is There Now An Opportunity In ITM Power plc (LON:ITM)?

ITM Power plc (LON:ITM), a electrical company based in United Kingdom,. … As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … See our latest analysis for ITM Power?

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Want To Invest In ITM Power plc (AIM:ITM)? Here's How It Performed Lately

Check out our latest analysis for ITM Power Were ITM's earnings stronger than its past performances and the industry? … For the purpose of this commentary, I like to use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated3

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ITM Company Info

Description

ITM Power Plc designs, manufactures, and sells hydrogen energy systems for energy storage, clean fuel production, and renewable chemistry in the United Kingdom, Germany, Italy, rest of Europe, and North America. It offers HGas for power-to-gas applications. The company is also involved in the research and development of scientific and engineering projects; development and manufacture of prototype products; and sale of electrolysis equipment and hydrogen storage solutions. In addition, it operates 13 hydrogen refueling stations. The company has a strategic partnership agreement with Sumitomo Corporation for the development of multi-megawatt projects in Japan. ITM Power Plc was founded in 2001 and is headquartered in Sheffield, the United Kingdom.

Details
Name: ITM Power Plc
ITM
Exchange: AIM
Founded: 2001
£115,833,360
324,009,401
Website: http://www.itm-power.com
Address: ITM Power Plc
22 Atlas Way,
Sheffield,
South Yorkshire, S4 7QQ,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM ITM Ordinary Shares London Stock Exchange AIM Market GB GBP 11. Jun 2004
OTCPK ITMP.F Ordinary Shares Pink Sheets LLC US USD 11. Jun 2004
DB IJ8 Ordinary Shares Deutsche Boerse AG DE EUR 11. Jun 2004
Number of employees
Current staff
Staff numbers
92
ITM Power employees.
Industry
Heavy Electrical Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/18 20:33
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2019/07/02
Last earnings filing: 2019/01/08
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/04/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.