company background image
SLNG

H C Slingsby AIM:SLNG Stock Report

Last Price

UK£2.30

Market Cap

UK£2.4m

7D

0%

1Y

-8.0%

Updated

24 Jun, 2022

Data

Company Financials
SLNG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

SLNG Stock Overview

H C Slingsby plc, together with its subsidiaries, engages in the merchanting and distribution of industrial and commercial equipment in the United Kingdom.

H C Slingsby Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for H C Slingsby
Historical stock prices
Current Share PriceUK£2.30
52 Week HighUK£2.79
52 Week LowUK£1.40
Beta0.65
1 Month Change6.98%
3 Month Change31.43%
1 Year Change-8.00%
3 Year Change170.59%
5 Year Change384.21%
Change since IPO48.39%

Recent News & Updates

May 17
Investors Will Want H C Slingsby's (LON:SLNG) Growth In ROCE To Persist

Investors Will Want H C Slingsby's (LON:SLNG) Growth In ROCE To Persist

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...

Dec 25
Investors Will Want H C Slingsby's (LON:SLNG) Growth In ROCE To Persist

Investors Will Want H C Slingsby's (LON:SLNG) Growth In ROCE To Persist

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

SLNGGB Trade DistributorsGB Market
7D0%1.5%2.3%
1Y-8.0%-19.8%-8.6%

Return vs Industry: SLNG exceeded the UK Trade Distributors industry which returned -22.5% over the past year.

Return vs Market: SLNG exceeded the UK Market which returned -10.4% over the past year.

Price Volatility

Is SLNG's price volatile compared to industry and market?
SLNG volatility
SLNG Average Weekly Movement5.0%
Trade Distributors Industry Average Movement4.9%
Market Average Movement5.5%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.8%

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

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

About the Company

FoundedEmployeesCEOWebsite
1893102Morgan Morrishttps://www.slingsby.com

H C Slingsby plc, together with its subsidiaries, engages in the merchanting and distribution of industrial and commercial equipment in the United Kingdom. It provides a range of incidental purchasing supplies for various sectors, such as handling and lifting, wheel and castor, ladder and step, storage and shelving, office, safety and security, personal protective equipment and work wear, cleaning and hygiene, mailroom and packaging, workshop and maintenance, waste and recycling, premise, locker and cloakroom, sign and label, and flooring and matting. The company offers its products online.

H C Slingsby Fundamentals Summary

How do H C Slingsby's earnings and revenue compare to its market cap?
SLNG fundamental statistics
Market CapUK£2.42m
Earnings (TTM)UK£567.00k
Revenue (TTM)UK£19.82m

4.3x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SLNG income statement (TTM)
RevenueUK£19.82m
Cost of RevenueUK£13.18m
Gross ProfitUK£6.65m
Other ExpensesUK£6.08m
EarningsUK£567.00k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.54
Gross Margin33.52%
Net Profit Margin2.86%
Debt/Equity Ratio73.0%

How did SLNG perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SLNG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SLNG?

Other financial metrics that can be useful for relative valuation.

SLNG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.1x
Enterprise Value/EBITDA3.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does SLNG's PE Ratio compare to its peers?

SLNG PE Ratio vs Peers
The above table shows the PE ratio for SLNG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average24.1x

Price-To-Earnings vs Peers: SLNG is good value based on its Price-To-Earnings Ratio (4.3x) compared to the peer average (24.1x).


Price to Earnings Ratio vs Industry

How does SLNG's PE Ratio compare vs other companies in the Trade Distributors Industry?

Price-To-Earnings vs Industry: SLNG is good value based on its Price-To-Earnings Ratio (4.3x) compared to the UK Trade Distributors industry average (13.4x)


Price to Earnings Ratio vs Fair Ratio

What is SLNG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SLNG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SLNG's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SLNG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SLNG (£2.3) is trading above our estimate of fair value (£0.07)

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


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SLNG's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is H C Slingsby forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


5.0%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as H C Slingsby has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine H C Slingsby's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • H C Slingsby competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has H C Slingsby performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


48.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SLNG has a high level of non-cash earnings.

Growing Profit Margin: SLNG's current net profit margins (2.9%) are lower than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: SLNG has become profitable over the past 5 years, growing earnings by 48.2% per year.

Accelerating Growth: SLNG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SLNG had negative earnings growth (-40.1%) over the past year, making it difficult to compare to the Trade Distributors industry average (80%).


Return on Equity

High ROE: SLNG's Return on Equity (25.1%) is considered high.


Discover strong past performing companies

Financial Health

How is H C Slingsby's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SLNG's short term assets (£7.1M) exceed its short term liabilities (£4.6M).

Long Term Liabilities: SLNG's short term assets (£7.1M) do not cover its long term liabilities (£8.7M).


Debt to Equity History and Analysis

Debt Level: SLNG has more cash than its total debt.

Reducing Debt: SLNG's debt to equity ratio has reduced from 580.4% to 73% over the past 5 years.

Debt Coverage: SLNG's debt is not well covered by operating cash flow (11%).

Interest Coverage: SLNG's interest payments on its debt are well covered by EBIT (293x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is H C Slingsby current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: SLNG is not paying a notable dividend for the UK market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SLNG has not reported any payouts.


Discover strong dividend paying companies

Management

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

UK£129k

CEO Compensation


CEO

Morgan Morris (49 yo)

6.67yrs

Tenure

UK£129,004

Compensation

Mr. Morgan Lawn Morris has been Group Chief Executive of H C Slingsby plc since May 2018 and its Finance Director since October 2015 and serves as Company Secretary. Mr. Morris served as an Interim Finance...


CEO Compensation Analysis

Compensation vs Market: Morgan's total compensation ($USD158.55K) is below average for companies of similar size in the UK market ($USD334.27K).

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


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

H C Slingsby plc's employee growth, exchange listings and data sources


Key Information

  • Name: H C Slingsby plc
  • Ticker: SLNG
  • Exchange: AIM
  • Founded: 1893
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Implied Market Cap: UK£2.415m
  • Shares outstanding: 1.05m
  • Website: https://www.slingsby.com

Number of Employees


Location

  • H C Slingsby plc
  • Otley Road
  • Baildon
  • Shipley
  • West Yorkshire
  • BD17 7LW
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.