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SIXH

600 GroupAIM:SIXH Stock Report

Market Cap

UK£17.3m

7D

1.7%

1Y

43.9%

Updated

30 Nov, 2021

Data

Company Financials +
SIXH fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance2/6
Financial Health2/6
Dividends0/6

SIXH Stock Overview

The 600 Group PLC designs, manufactures, and distributes machine tools, precision engineered components, and industrial laser systems in the United Kingdom, the United States, Europe, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for 600 Group
Historical stock prices
Current Share PriceUK£0.15
52 Week HighUK£0.17
52 Week LowUK£0.08
Beta1.33
1 Month Change15.69%
3 Month Change9.26%
1 Year Change43.90%
3 Year Change-11.94%
5 Year Change61.64%
Change since IPO-53.91%

Recent News & Updates

Nov 14
600 Group (LON:SIXH) Shareholders Will Want The ROCE Trajectory To Continue

600 Group (LON:SIXH) Shareholders Will Want The ROCE Trajectory To Continue

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

Shareholder Returns

SIXHGB MachineryGB Market
7D1.7%-2.9%-2.6%
1Y43.9%24.9%10.9%

Return vs Industry: SIXH exceeded the UK Machinery industry which returned 26.4% over the past year.

Return vs Market: SIXH exceeded the UK Market which returned 13.8% over the past year.

Price Volatility

Is SIXH's price volatile compared to industry and market?
SIXH volatility
SIXH Average Weekly Movement4.7%
Machinery Industry Average Movement4.7%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.8%
10% least volatile stocks in GB Market2.5%

Stable Share Price: SIXH is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SIXH's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1924189n/ahttps://www.600group.com

The 600 Group PLC designs, manufactures, and distributes machine tools, precision engineered components, and industrial laser systems in the United Kingdom, the United States, Europe, and internationally. The company operates through two segments, Machine Tools and Precision Engineered Components; and Industrial Laser Systems. It offers machine tools, including center, manual/CNC combination, and CNC lathes, as well as CNC turning centers, saws, drills, milling machines, and grinding machines.

600 Group Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
SIXH income statement (TTM)
RevenueUS$62.15m
Cost of RevenueUS$40.07m
Gross ProfitUS$22.08m
ExpensesUS$21.77m
EarningsUS$308.00k

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0026
Gross Margin35.53%
Net Profit Margin0.50%
Debt/Equity Ratio63.7%

How did SIXH perform over the long term?

See historical performance and comparison

Valuation

Is 600 Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SIXH (£0.15) is trading below our estimate of fair value (£1.76)

Significantly Below Fair Value: SIXH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SIXH is poor value based on its PE Ratio (74.5x) compared to the UK Machinery industry average (24.7x).

PE vs Market: SIXH is poor value based on its PE Ratio (74.5x) compared to the UK market (19x).


Price to Earnings Growth Ratio

PEG Ratio: SIXH is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: SIXH is good value based on its PB Ratio (0.8x) compared to the GB Machinery industry average (2.4x).


Future Growth

How is 600 Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

93.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SIXH's forecast earnings growth (93.9% per year) is above the savings rate (0.9%).

Earnings vs Market: SIXH's earnings (93.9% per year) are forecast to grow faster than the UK market (12.6% per year).

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

Revenue vs Market: SIXH's revenue (16.8% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: SIXH's revenue (16.8% 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 SIXH's Return on Equity is forecast to be high in 3 years time


Past Performance

How has 600 Group performed over the past 5 years?

-37.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIXH has high quality earnings.

Growing Profit Margin: SIXH became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SIXH's earnings have declined by 37.5% per year over the past 5 years.

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

Earnings vs Industry: SIXH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (19.6%).


Return on Equity

High ROE: SIXH's Return on Equity (1.1%) is considered low.


Financial Health

How is 600 Group's financial position?


Financial Position Analysis

Short Term Liabilities: SIXH's short term assets ($36.0M) exceed its short term liabilities ($17.2M).

Long Term Liabilities: SIXH's short term assets ($36.0M) exceed its long term liabilities ($22.1M).


Debt to Equity History and Analysis

Debt Level: SIXH's net debt to equity ratio (56.5%) is considered high.

Reducing Debt: SIXH's debt to equity ratio has increased from 39.5% to 63.7% over the past 5 years.

Debt Coverage: SIXH's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SIXH's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


Dividend

What is 600 Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SIXH'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?

3.0yrs

Average management tenure


CEO

600 Group has no CEO, or we have no data on them.


Leadership Team

Experienced Management: SIXH's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: SIXH's board of directors are considered experienced (3.3 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

The 600 Group PLC's employee growth, exchange listings and data sources


Key Information

  • Name: The 600 Group PLC
  • Ticker: SIXH
  • Exchange: AIM
  • Founded: 1924
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: UK£17.327m
  • Shares outstanding: 117.47m
  • Website: https://www.600group.com

Number of Employees


Location

  • The 600 Group PLC
  • Lowfields Way
  • Lowfield Business Park
  • Elland
  • West Yorkshire
  • HX5 9DA
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 21:37
End of Day Share Price2021/11/30 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.