Pennant International Group
Market Cap
UK£26.7m
Last Updated
2020/02/22 20:45 UTC
Data Sources
Company Financials +
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.
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with limited growth.
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
Stable Share Price: PEN has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.0%
PEN
1.7%
GB Aerospace & Defense
0.3%
GB Market
1 Year Return
-40.8%
PEN
36.2%
GB Aerospace & Defense
6.5%
GB Market
Return vs Industry: PEN underperformed the UK Aerospace & Defense industry which returned 36.2% over the past year.
Return vs Market: PEN underperformed the UK Market which returned 6.4% over the past year.
Shareholder returns
| PEN | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | 1.7% | 0.3% |
| 30 Day | -14.5% | 2.0% | -0.5% |
| 90 Day | -15.9% | 11.1% | 3.8% |
| 1 Year | -40.8%-40.8% | 40.9%36.2% | 12.0%6.5% |
| 3 Year | -8.1%-8.1% | 31.3%17.6% | 18.7%3.8% |
| 5 Year | -9.7%-13.5% | 33.4%6.2% | 35.0%4.1% |
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
1 week ago | Simply Wall St
Can We See Significant Insider Ownership On The Pennant International Group plc (LON:PEN) Share Register?1 month ago | Simply Wall St
Did You Manage To Avoid Pennant International Group's (LON:PEN) 32% Share Price Drop?2 months ago | Simply Wall St
Does Pennant International Group plc's (LON:PEN) CEO Pay Matter?Valuation
Is Pennant International Group undervalued compared to its fair value and its price relative to the market?
1.83x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PEN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PEN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PEN is unprofitable, so we can't compare its PE Ratio to the Aerospace & Defense industry average.
PE vs Market: PEN is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PEN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PEN is good value based on its PB Ratio (1.8x) compared to the GB Aerospace & Defense industry average (2.6x).
Next Steps
Future Growth
How is Pennant International Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
23.2%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if PEN's forecast earnings growth is above the savings rate (0.5%).
Earnings vs Market: Insufficient data to determine if PEN's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PEN's revenue (23.2% per year) is forecast to grow faster than the UK market (3.6% per year).
High Growth Revenue: PEN's revenue (23.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PEN's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Pennant International Group performed over the past 5 years?
8.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PEN is currently unprofitable.
Growing Profit Margin: PEN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PEN is unprofitable, but has reduced losses over the past 5 years at a rate of 8.5% per year.
Accelerating Growth: Unable to compare PEN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PEN is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (-13.2%).
Return on Equity
High ROE: PEN has a negative Return on Equity (-4.81%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Pennant International Group's financial position?
Financial Position Analysis
Short Term Liabilities: PEN's short term assets (£7.9M) exceed its short term liabilities (£5.1M).
Long Term Liabilities: PEN's short term assets (£7.9M) exceed its long term liabilities (£928.1K).
Debt to Equity History and Analysis
Debt Level: PEN's debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: PEN's debt to equity ratio has increased from 0% to 2.9% over the past 5 years.
Balance Sheet
Inventory Level: PEN has a high level of physical assets or inventory.
Debt Coverage by Assets: PEN's debt is covered by short term assets (assets are 18.8x debt).
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.
Stable Cash Runway: PEN has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: PEN has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is Pennant International Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate PEN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PEN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PEN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PEN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PEN is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PEN'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?
0.3yrs
Average management tenure
CEO
Phil Walker (39yo)
3yrs
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
Compensation vs Market: Phil's total compensation ($USD270.81K) is about average for companies of similar size in the UK market ($USD323.65K).
Compensation vs Earnings: Phil's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Director & Chair of Management Board | 3yrs | UK£208.86k | 0.055% £14.7k | |
| Commercial & Risk Director | 2.3yrs | UK£131.27k | 0.050% £13.3k | |
| Executive Officer | 0.3yrs | UK£112.50k | 0.42% £113.1k | |
| Operations Director | 0.08yrs | no data | 0.069% £18.5k | |
| Member of Management Board | 0yrs | no data | no data | |
| Member of Management Board | 0yrs | no data | no data | |
| Member of Management Board | 0yrs | no data | no data |
0.3yrs
Average Tenure
45.5yo
Average Age
Experienced Management: PEN's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Director & Chair of Management Board | 3yrs | UK£208.86k | 0.055% £14.7k | |
| Commercial & Risk Director | 2.3yrs | UK£131.27k | 0.050% £13.3k | |
| Independent Chairman | 3.8yrs | UK£65.40k | 0.22% £58.7k | |
| Independent Non-Executive Director | 1.8yrs | UK£34.46k | 0.038% £10.1k | |
| Independent Non-Executive Director | 0.7yrs | no data | no data |
2.3yrs
Average Tenure
54yo
Average Age
Experienced Board: PEN's board of directors are not considered experienced ( 2.3 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 been diluted in the past year, with total shares outstanding growing by 4.7%.
Top Shareholders
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£26.725m
- Shares outstanding: 36.11m
- Website: https://www.pennantplc.co.uk
Number of Employees
Location
- Pennant International Group plc
- Pennant Court
- Staverton Technology Park
- Cheltenham
- Gloucestershire
- GL51 6TL
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PEN | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Mar 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 offers generic training equipment, including hydraulic systems principles, generic flying controls, generic hand skill, integrated avionics maintenance, and basic flying control rod trainers, as well as wiring boards for use in aeronautical engineering colleges and academies. It also provides virtual reality solutions; Web and server-based e-learning, computer-based training, and computer aided instruction applications; engineering solutions; simulators and emulators for recruits to train on equipment or systems; and software development services. In addition, the company offers documentation and media services; OmegaPS suite of logistics support analysis software for defense contractors and defense authorities; and on-call, contractor logistic, full contractor support, and service provision contract services. It primarily serves defense, rail, aerospace, and naval sectors, as well as government departments. Pennant International Group plc was incorporated in 1996 and is headquartered in Cheltenham, the United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/22 20:45 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.