company background image
VANL

Van Elle Holdings AIM:VANL Stock Report

Last Price

UK£0.41

Market Cap

UK£44.3m

7D

5.1%

1Y

-15.3%

Updated

28 Jun, 2022

Data

Company Financials +
VANL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance1/6
Financial Health5/6
Dividends0/6

VANL Stock Overview

Van Elle Holdings plc, together with its subsidiaries, provides ground engineering services in the United Kingdom.

Van Elle Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Van Elle Holdings
Historical stock prices
Current Share PriceUK£0.41
52 Week HighUK£0.54
52 Week LowUK£0.34
Beta0.90
1 Month Change-11.70%
3 Month Change6.41%
1 Year Change-15.31%
3 Year Change-15.65%
5 Year Change-54.89%
Change since IPO-58.71%

Recent News & Updates

Jun 16
Returns On Capital At Van Elle Holdings (LON:VANL) Paint A Concerning Picture

Returns On Capital At Van Elle Holdings (LON:VANL) Paint A Concerning Picture

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...

Apr 07
Should You Think About Buying Van Elle Holdings plc (LON:VANL) Now?

Should You Think About Buying Van Elle Holdings plc (LON:VANL) Now?

While Van Elle Holdings plc ( LON:VANL ) might not be the most widely known stock at the moment, it saw a double-digit...

Shareholder Returns

VANLGB ConstructionGB Market
7D5.1%3.3%1.8%
1Y-15.3%-17.0%-7.3%

Return vs Industry: VANL exceeded the UK Construction industry which returned -17% over the past year.

Return vs Market: VANL underperformed the UK Market which returned -7.3% over the past year.

Price Volatility

Is VANL's price volatile compared to industry and market?
VANL volatility
VANL Average Weekly Movement6.5%
Construction Industry Average Movement4.0%
Market Average Movement5.5%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.8%

Stable Share Price: VANL is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: VANL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1984530Mark Cutlerhttps://www.van-elle.co.uk

Van Elle Holdings plc, together with its subsidiaries, provides ground engineering services in the United Kingdom. The company offers various piling services, including augered piling services, such as continuous flight auger, sectional flight auger, cased auger, rotary bored, and case secant piling services; driven piling services comprising steel piling and driven piling services; and drilled piling services. It also provides temporary and permanent retaining walls and basement solutions, including contiguous piled walls, secant piled walls, king post walls, ground anchors, and steel sheet pile walls; and ground improvement services.

Van Elle Holdings Fundamentals Summary

How do Van Elle Holdings's earnings and revenue compare to its market cap?
VANL fundamental statistics
Market CapUK£44.27m
Earnings (TTM)UK£640.00k
Revenue (TTM)UK£106.11m

69.2x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VANL income statement (TTM)
RevenueUK£106.11m
Cost of RevenueUK£77.61m
Gross ProfitUK£28.50m
Other ExpensesUK£27.86m
EarningsUK£640.00k

Last Reported Earnings

Oct 31, 2021

Next Earnings Date

Aug 03, 2022

Earnings per share (EPS)0.006
Gross Margin26.86%
Net Profit Margin0.60%
Debt/Equity Ratio0.3%

How did VANL perform over the long term?

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

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 VANL?

Other financial metrics that can be useful for relative valuation.

VANL 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/Revenue0.4x
Enterprise Value/EBITDA9x
PEG Ratio1.4x

Price to Earnings Ratio vs Peers

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

VANL PE Ratio vs Peers
The above table shows the PE ratio for VANL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average106.9x
CTO TClarke
10.7xn/aUK£67.7m
SMJ J. Smart (Contractors)
4.3xn/aUK£65.7m
NEXS Nexus Infrastructure
29.4xn/aUK£77.5m
BILN Billington Holdings
383.2x53.2%UK£26.0m
VANL Van Elle Holdings
69.2x48.1%UK£44.3m

Price-To-Earnings vs Peers: VANL is good value based on its Price-To-Earnings Ratio (69.2x) compared to the peer average (106.9x).


Price to Earnings Ratio vs Industry

How does VANL's PE Ratio compare vs other companies in the European Construction Industry?

Price-To-Earnings vs Industry: VANL is expensive based on its Price-To-Earnings Ratio (69.2x) compared to the UK Construction industry average (12.3x)


Price to Earnings Ratio vs Fair Ratio

What is VANL'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.

VANL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio69.2x
Fair PE Ratio30.9x

Price-To-Earnings vs Fair Ratio: VANL is expensive based on its Price-To-Earnings Ratio (69.2x) compared to the estimated Fair Price-To-Earnings Ratio (30.9x).


Share Price vs Fair Value

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

Below Fair Value: VANL (£0.42) is trading below our estimate of fair value (£1.1)

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


Price to Earnings Growth Ratio

PEG Ratio: VANL is poor value based on its PEG Ratio (1.4x)


Discover undervalued companies

Future Growth

How is Van Elle Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


48.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VANL's forecast earnings growth (48.1% per year) is above the savings rate (0.9%).

Earnings vs Market: VANL's earnings (48.1% per year) are forecast to grow faster than the UK market (11% per year).

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

Revenue vs Market: VANL's revenue (2% per year) is forecast to grow slower than the UK market (4.1% per year).

High Growth Revenue: VANL's revenue (2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VANL's Return on Equity is forecast to be low in 3 years time (9.1%).


Discover growth companies

Past Performance

How has Van Elle Holdings performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-56.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VANL has a large one-off gain of £357.0K impacting its October 31 2021 financial results.

Growing Profit Margin: VANL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: VANL's earnings have declined by 56.2% per year over the past 5 years.

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

Earnings vs Industry: VANL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (48.2%).


Return on Equity

High ROE: VANL's Return on Equity (1.4%) is considered low.


Discover strong past performing companies

Financial Health

How is Van Elle Holdings's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: VANL's short term assets (£43.7M) exceed its short term liabilities (£31.0M).

Long Term Liabilities: VANL's short term assets (£43.7M) exceed its long term liabilities (£9.9M).


Debt to Equity History and Analysis

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

Reducing Debt: VANL's debt to equity ratio has reduced from 2.5% to 0.3% over the past 5 years.

Debt Coverage: VANL's debt is well covered by operating cash flow (2908.2%).

Interest Coverage: VANL's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Van Elle Holdings's 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


3.73%

Forecast Dividend Yield

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

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


Discover strong dividend paying companies

Management

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

2.3yrs

Average management tenure


CEO

Mark Cutler (51 yo)

3.83yrs

Tenure

UK£314,000

Compensation

Mr. Mark Lloyd Cutler has been Chief Executive Officer and Director of Van Elle Holdings plc since August 14, 2018. Mr. Cutler served as Member of Executive Board and Managing Director of Regeneration at K...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD382.72K) is about average for companies of similar size in the UK market ($USD335.69K).

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


Leadership Team

Experienced Management: VANL's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: VANL'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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Van Elle Holdings plc's employee growth, exchange listings and data sources


Key Information

  • Name: Van Elle Holdings plc
  • Ticker: VANL
  • Exchange: AIM
  • Founded: 1984
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: UK£44.267m
  • Shares outstanding: 106.67m
  • Website: https://www.van-elle.co.uk

Number of Employees


Location

  • Van Elle Holdings plc
  • Southwell Lane Industrial Estate
  • Summit Close
  • Kirkby-in-Ashfield
  • Nottinghamshire
  • NG17 8GJ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/28 00:00
Earnings2021/10/31
Annual Earnings2021/04/30


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.