| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
SDY Overview
Speedy Hire Plc, together with its subsidiaries, provides tools, equipment, and plant hire services to the construction, infrastructure, and industrial markets in the United Kingdom and Ireland.
Speedy Hire Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.63 |
| 52 Week High | UK£0.49 |
| 52 Week Low | UK£0.82 |
| Beta | 1.26 |
| 1 Month Change | -6.27% |
| 3 Month Change | -6.27% |
| 1 Year Change | 23.14% |
| 3 Year Change | 10.95% |
| 5 Year Change | 64.18% |
| Change since IPO | -49.76% |
Recent News & Updates
Here's Why Shareholders May Want To Be Cautious With Increasing Speedy Hire Plc's (LON:SDY) CEO Pay Packet
The share price of Speedy Hire Plc ( LON:SDY ) has been growing in the past few years, however, the per-share earnings...
The Return Trends At Speedy Hire (LON:SDY) Look Promising
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Shareholder Returns
| SDY | GB Trade Distributors | GB Market | |
|---|---|---|---|
| 7D | -1.3% | 0.6% | 0.2% |
| 1Y | 23.1% | 47.7% | 24.7% |
Return vs Industry: SDY underperformed the UK Trade Distributors industry which returned 45.2% over the past year.
Return vs Market: SDY exceeded the UK Market which returned 23.2% over the past year.
Price Volatility
| SDY volatility | |
|---|---|
| SDY Beta | 1.26 |
| Industry Beta | 1.04 |
| Market Beta | 1 |
Stable Share Price: SDY is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SDY's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1968 | 3,843 | Russell Down | https://www.speedyservices.com |
Speedy Hire Plc, together with its subsidiaries, provides tools, equipment, and plant hire services to the construction, infrastructure, and industrial markets in the United Kingdom and Ireland. The company hires a range of tools and accessories, including access, lighting, survey, lifting, rail, safety equipment and ATEX, plant, site and traffic management, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment. It also sells access, lifting, survey, rail, and personal protective and safety equipment; various tools and equipment; and cutting, grinding, and sanding equipment, as well as site supplies.
Speedy Hire Fundamentals Summary
| SDY fundamental statistics | |
|---|---|
| Market Cap | UK£330.18m |
| Earnings (TTM) | UK£2.10m |
| Revenue (TTM) | UK£332.30m |
157.0x
P/E Ratio1.0x
P/S RatioIs SDY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SDY income statement (TTM) | |
|---|---|
| Revenue | UK£332.30m |
| Cost of Revenue | UK£139.70m |
| Gross Profit | UK£192.60m |
| Expenses | UK£190.50m |
| Earnings | UK£2.10m |
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Nov 17, 2021
| Earnings per share (EPS) | 0.004 |
| Gross Margin | 57.96% |
| Net Profit Margin | 0.63% |
| Debt/Equity Ratio | 20.7% |
How did SDY perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield348%
Payout RatioValuation
Is Speedy Hire undervalued compared to its fair value and its price relative to the market?
157x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SDY (£0.63) is trading above our estimate of fair value (£0.39)
Significantly Below Fair Value: SDY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SDY is poor value based on its PE Ratio (157.5x) compared to the UK Trade Distributors industry average (24.3x).
PE vs Market: SDY is poor value based on its PE Ratio (157.5x) compared to the UK market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: SDY is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: SDY is good value based on its PB Ratio (1.5x) compared to the GB Trade Distributors industry average (2x).
Future Growth
How is Speedy Hire forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
72.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SDY's forecast earnings growth (72.4% per year) is above the savings rate (0.9%).
Earnings vs Market: SDY's earnings (72.4% per year) are forecast to grow faster than the UK market (12.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SDY's revenue (6.4% per year) is forecast to grow faster than the UK market (5% per year).
High Growth Revenue: SDY's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SDY's Return on Equity is forecast to be low in 3 years time (13.7%).
Past Performance
How has Speedy Hire performed over the past 5 years?
43.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SDY has a large one-off loss of £8.4M impacting its March 31 2021 financial results.
Growing Profit Margin: SDY's current net profit margins (0.6%) are lower than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: SDY has become profitable over the past 5 years, growing earnings by 43.9% per year.
Accelerating Growth: SDY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SDY had negative earnings growth (-72.4%) over the past year, making it difficult to compare to the Trade Distributors industry average (34%).
Return on Equity
High ROE: SDY's Return on Equity (1%) is considered low.
Financial Health
How is Speedy Hire's financial position?
Financial Position Analysis
Short Term Liabilities: SDY's short term assets (£114.3M) do not cover its short term liabilities (£118.1M).
Long Term Liabilities: SDY's short term assets (£114.3M) exceed its long term liabilities (£102.6M).
Debt to Equity History and Analysis
Debt Level: SDY's debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: SDY's debt to equity ratio has reduced from 59.6% to 20.7% over the past 5 years.
Debt Coverage: SDY's debt is well covered by operating cash flow (145.9%).
Interest Coverage: SDY's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
Dividend
What is Speedy Hire current dividend yield, its reliability and sustainability?
2.23%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SDY's dividend (2.22%) is higher than the bottom 25% of dividend payers in the UK market (1.4%).
High Dividend: SDY's dividend (2.22%) is low compared to the top 25% of dividend payers in the UK market (4.06%).
Stability and Growth of Payments
Stable Dividend: SDY's dividend payments have been volatile in the past 10 years.
Growing Dividend: SDY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (348.3%), SDY's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SDY's dividends in 3 years are forecast to be well covered by earnings (46.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.8yrs
Average management tenure
CEO
Russell Down (56 yo)
6.25yrs
Tenure
UK£790,000
Compensation
Mr. Russell Down has been the Chief Executive Officer of Speedy Hire Plc since July 1, 2015. Mr. Down served as Group Finance Director of Speedy Hire Plc from April 06, 2015 to December 3, 2015. He served...
CEO Compensation Analysis
Compensation vs Market: Russell's total compensation ($USD1.09M) is above average for companies of similar size in the UK market ($USD718.55K).
Compensation vs Earnings: Russell's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SDY's management team is seasoned and experienced (6.8 years average tenure).
Board Members
Experienced Board: SDY's board of directors are not considered experienced ( 1.8 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
Speedy Hire Plc's employee growth, exchange listings and data sources
Key Information
- Name: Speedy Hire Plc
- Ticker: SDY
- Exchange: LSE
- Founded: 1968
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: UK£330.181m
- Shares outstanding: 524.10m
- Website: https://www.speedyservices.com
Number of Employees
Location
- Speedy Hire Plc
- Chase House
- 16 The Parks
- Newton-le-Willows
- Merseyside
- WA12 0JQ
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 17:59 |
| End of Day Share Price | 2021/10/26 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2021/03/31 |
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.