AIM:PEN

Stock Analysis Report

Pennant International Group

Executive Summary

Pennant International Group plc, through its subsidiaries, provides integrated training and support solutions, products, and services in the United Kingdom, North America, and Australasia.

Snowflake

Fundamentals

Flawless balance sheet with outstanding track record.

Risks

  • Pennant International Group has significant price volatility in the past 3 months.
  • Pennant International Group is covered by less than 3 analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

26.5%

AIM:PEN

-1.1%

GB Aerospace & Defense

-1.7%

GB Market


1 Year Return

-36.4%

AIM:PEN

-3.0%

GB Aerospace & Defense

-5.7%

GB Market

PEN underperformed the Aerospace & Defense industry which returned -3% over the past year.

PEN underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5.7% over the past year.


Share holder returns

PENIndustryMarket
7 Day26.5%-1.1%-1.7%
30 Day-18.3%10.2%-4.6%
90 Day-33.5%17.5%-3.2%
1 Year-36.4%-36.4%0.4%-3.0%-1.3%-5.7%
3 Year27.7%27.7%21.9%9.1%17.8%4.0%
5 Year-12.4%-16.9%33.7%6.3%26.9%0.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Pennant International Group undervalued based on future cash flows and its price relative to the stock market?

7.53x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Pennant International Group is good value based on earnings compared to the GB Aerospace & Defense industry average.

Pennant International 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 Pennant International Group, we can't assess if its growth is good value.


Price Based on Value of Assets

Pennant International Group is good value based on assets compared to the GB Aerospace & Defense industry average.


Next Steps

Future Growth

How is Pennant International Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

2.9%

Forecasted annual revenue growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Pennant International Group's revenue is expected to grow by 2.9% yearly, however this is not considered high growth (20% yearly).

Unable to determine if Pennant International Group is high growth as no earnings estimate data is available.

Pennant International Group's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.

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

Unable to compare Pennant International Group's earnings growth to the low risk savings rate as no estimate data is available.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Pennant International Group performed over the past 5 years?

12.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Pennant International Group's 1-year earnings growth exceeds its 5-year average (105.2% vs 12.2%)

Pennant International Group's earnings growth has exceeded the GB Aerospace & Defense industry average in the past year (105.2% vs -17.5%).


Return on Equity

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


Return on Assets

Pennant International Group used its assets more efficiently than the GB Aerospace & Defense industry average last year based on Return on Assets.


Return on Capital Employed

Pennant International Group has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Pennant International Group's financial position?


Financial Position Analysis

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

Pennant International Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Pennant International Group has no debt.

Pennant International Group had no debt 5 years ago.

Pennant International Group has no debt, it does not need to be covered by operating cash flow.

Pennant International Group has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Pennant International Group has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Pennant International Group's current dividend yield, its reliability and sustainability?

1.96%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Unable to evaluate Pennant International Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Pennant International Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Pennant International Group has not reported any payouts.

Unable to verify if Pennant International Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Pennant International Group has not reported any payouts.


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (4.5x coverage).


Next Steps

Management

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

1.6yrs

Average board tenure


CEO

Phil Walker (39yo)

2.5yrs

Tenure

UK£208,859

Compensation

Mr. Philip Henry Walker, also known as Phil, has been Chief Executive Officer of Pennant International Group plc since February 2017 and serves as its Chair of Management Board. Mr. Walker served as Compan ...


CEO Compensation Analysis

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

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


Board Age and Tenure

1.6yrs

Average Tenure

53yo

Average Age

The average tenure for the Pennant International Group board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by Pennant International Group individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUK£5,00212 Aug 19
David Clements
EntityIndividual
Role
Commercial & Risk Director
Member of the Board of Directors
Shares8,625
Max PriceUK£0.58
BuyUK£14,50012 Aug 19
Mervyn Skates
EntityIndividual
Role
Member of Management Board
Shares25,000
Max PriceUK£0.58
BuyUK£5,00212 Aug 19
Philip Walker
EntityIndividual
Role
CEO, Director & Chair of Management Board
Member of the Board of Directors
Shares8,625
Max PriceUK£0.58

Ownership Breakdown


Management Team

  • Brian MacDonald

    Member of Management Board

  • Phil Walker (39yo)

    CEO, Director & Chair of Management Board

    • Tenure: 2.5yrs
    • Compensation: £208.86k
  • David Clements (39yo)

    Commercial & Risk Director

    • Compensation: £131.27k
  • Gary Barnes (52yo)

    Finance Director

    • Tenure: 1.3yrs
    • Compensation: £112.50k
  • Mervyn Skates

    Member of Management Board

  • Jonathan Patterson

    Member of Management Board

  • Simon Witts

    Member of Management Board


Board Members

  • Phil Walker (39yo)

    CEO, Director & Chair of Management Board

    • Tenure: 4.8yrs
    • Compensation: £208.86k
  • Simon Moore (54yo)

    Chairman

    • Tenure: 3.3yrs
    • Compensation: £65.40k
  • John Ponsonby (63yo)

    Non-Executive Director

    • Tenure: 1.3yrs
    • Compensation: £34.46k
  • David Clements (39yo)

    Commercial & Risk Director

    • Tenure: 1.8yrs
    • Compensation: £131.27k
  • Gary Barnes (52yo)

    Finance Director

    • Tenure: 1.3yrs
    • Compensation: £112.50k
  • Philip Cotton (59yo)

    Independent Non-Executive Director

    • Tenure: 0.2yrs

Company Information

Pennant International Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pennant International Group plc
  • Ticker: PEN
  • Exchange: AIM
  • Founded: 1996
  • Industry: aerospace and defense
  • Sector: capital goods
  • Market Cap: UK£25.822m
  • Shares outstanding: 36.11m
  • Website: Click here

Number of Employees


Location

  • Pennant International Group plc
  • Pennant Court
  • Staverton Technology Park
  • Cheltenham
  • Gloucestershire
  • GL51 6TL
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PENAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMar 1998

Biography

Pennant International Group plc, through its subsidiaries, provides integrated training and support solutions, products, and services in the United Kingdom, North America, and Australasia. The company offe ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 20:39
End of Day Share Price2019/08/16 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.