Market Cap
UK£663.5m
Last Updated
2021/03/03 19:56 UTC
Data Sources
Company Financials +
Executive Summary
Tyman plc, together with its subsidiaries, manufactures and supplies engineered fenestration and access solutions to the door and window industry in North America, the United Kingdom, Ireland, and internationally. More Details
Snowflake Analysis
Fair value with moderate growth potential.
Similar Companies
Share Price & News
How has Tyman's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TYMN is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TYMN's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
0.3%
TYMN
1.1%
GB Building
0.3%
GB Market
1 Year Return
39.3%
TYMN
11.6%
GB Building
0.8%
GB Market
Return vs Industry: TYMN exceeded the UK Building industry which returned 8.2% over the past year.
Return vs Market: TYMN exceeded the UK Market which returned 1.1% over the past year.
Shareholder returns
| TYMN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.3% | 1.1% | 0.3% |
| 30 Day | -2.7% | 4.6% | 3.2% |
| 90 Day | 3.8% | 9.5% | 4.5% |
| 1 Year | 39.3%39.3% | 12.5%11.6% | 6.7%0.8% |
| 3 Year | 26.7%16.2% | 32.9%23.5% | 11.5%-1.9% |
| 5 Year | 43.2%23.1% | 43.1%24.7% | 41.8%14.5% |
Long-Term Price Volatility Vs. Market
How volatile is Tyman's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Should You Be Impressed By Tyman's (LON:TYMN) Returns on Capital?1 month ago | Simply Wall St
Is It Too Late To Consider Buying Tyman plc (LON:TYMN)?1 month ago | Simply Wall St
We Think Tyman's (LON:TYMN) Statutory Profit Might Understate Its Earnings PotentialValuation
Is Tyman undervalued compared to its fair value and its price relative to the market?
29.86x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TYMN (£3.4) is trading above our estimate of fair value (£1.64)
Significantly Below Fair Value: TYMN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TYMN is good value based on its PE Ratio (29.9x) compared to the GB Building industry average (44.8x).
PE vs Market: TYMN is poor value based on its PE Ratio (29.9x) compared to the UK market (24.3x).
Price to Earnings Growth Ratio
PEG Ratio: TYMN is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: TYMN is good value based on its PB Ratio (1.5x) compared to the GB Building industry average (1.8x).
Next Steps
Future Growth
How is Tyman forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
34.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TYMN's forecast earnings growth (34.3% per year) is above the savings rate (1%).
Earnings vs Market: TYMN's earnings (34.3% per year) are forecast to grow faster than the UK market (22.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TYMN's revenue (3.3% per year) is forecast to grow slower than the UK market (7.3% per year).
High Growth Revenue: TYMN's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TYMN's Return on Equity is forecast to be low in 3 years time (6.9%).
Next Steps
Past Performance
How has Tyman performed over the past 5 years?
14.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TYMN has a large one-off loss of £19.7M impacting its June 30 2020 financial results.
Growing Profit Margin: TYMN's current net profit margins (3.9%) are higher than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: TYMN's earnings have grown by 14.1% per year over the past 5 years.
Accelerating Growth: TYMN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TYMN had negative earnings growth (-8.1%) over the past year, making it difficult to compare to the Building industry average (-47%).
Return on Equity
High ROE: TYMN's Return on Equity (5%) is considered low.
Next Steps
Financial Health
How is Tyman's financial position?
Financial Position Analysis
Short Term Liabilities: TYMN's short term assets (£254.1M) exceed its short term liabilities (£97.3M).
Long Term Liabilities: TYMN's short term assets (£254.1M) do not cover its long term liabilities (£346.5M).
Debt to Equity History and Analysis
Debt Level: TYMN's debt to equity ratio (53.3%) is considered high.
Reducing Debt: TYMN's debt to equity ratio has increased from 45.9% to 53.3% over the past 5 years.
Debt Coverage: TYMN's debt is well covered by operating cash flow (47.9%).
Interest Coverage: TYMN's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Tyman current dividend yield, its reliability and sustainability?
3.10%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TYMN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TYMN'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 TYMN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TYMN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TYMN is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TYMN'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?
6.2yrs
Average management tenure
CEO
Jo Hallas
1.92yrs
Tenure
UK£1,299,000
Compensation
Ms. Jo C. Hallas has been Chief Executive Officer and Executive Director of Tyman plc since April 1, 2019. Ms. Hallas served as Business Group Director of Spectris plc from May 2014 to February 2019. Ms. H...
CEO Compensation Analysis
Compensation vs Market: Jo's total compensation ($USD1.82M) is above average for companies of similar size in the UK market ($USD1.02M).
Compensation vs Earnings: Insufficient data to compare Jo's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.92yrs | UK£1.30m | 0.083% £ 549.0k | |
| CFO & Director | 1.83yrs | UK£425.95k | 0.014% £ 93.0k | |
| Group Financial Controller | no data | no data | no data | |
| President & CEO of AmesburyTruth | 7.17yrs | no data | no data | |
| Chief Executive Officer of ERA | 9yrs | no data | no data | |
| Chief Executive Officer of Schlegel International | 9.17yrs | no data | no data | |
| President of AmesburyTruth | 1.75yrs | no data | no data | |
| VP of Finance & CFO of AmesburyTruth | 6.17yrs | no data | no data | |
| Chief Financial Officer of ERA | 7.17yrs | no data | no data | |
| Chief Financial Officer of SchlegelGiesse | 3.92yrs | no data | no data |
6.2yrs
Average Tenure
Experienced Management: TYMN's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.92yrs | UK£1.30m | 0.083% £ 549.0k | |
| CFO & Director | 1.83yrs | UK£425.95k | 0.014% £ 93.0k | |
| Senior Independent Director | 1yr | no data | 0.026% £ 170.0k | |
| Chairman | 0.25yr | no data | 0.051% £ 340.0k | |
| Independent Non-Executive Director | 4.17yrs | UK£56.00k | 0.0077% £ 51.0k | |
| Independent Non-Executive Director | 3.17yrs | UK£48.00k | 0.0020% £ 13.3k |
1.9yrs
Average Tenure
57.5yo
Average Age
Experienced Board: TYMN's board of directors are not considered experienced ( 1.9 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
Tyman plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tyman plc
- Ticker: TYMN
- Exchange: LSE
- Founded: 1993
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: UK£663.478m
- Shares outstanding: 195.14m
- Website: https://www.tymanplc.com
Number of Employees
Location
- Tyman plc
- 29 Queen Anne's Gate
- London
- Greater London
- SW1H 9BU
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TYMN | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | May 1995 |
| TYMNl | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | May 1995 |
Biography
Tyman plc, together with its subsidiaries, manufactures and supplies engineered fenestration and access solutions to the door and window industry in North America, the United Kingdom, Ireland, and internat...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 19:56 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.