Alpha Financial Markets Consulting
Market Cap
UK£201.6m
Last Updated
2020/08/07 21:09 UTC
Data Sources
Company Financials +
Executive Summary
Alpha Financial Markets Consulting plc provides consulting services to the asset and wealth management industries in the United Kingdom, the United States, Europe, and Asia.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Alpha Financial Markets Consulting's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AFM has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
3.7%
AFM
5.3%
GB Professional Services
2.6%
GB Market
1 Year Return
-1.0%
AFM
-3.1%
GB Professional Services
-12.4%
GB Market
Return vs Industry: AFM exceeded the UK Professional Services industry which returned -4.8% over the past year.
Return vs Market: AFM exceeded the UK Market which returned -12.9% over the past year.
Shareholder returns
| AFM | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.7% | 5.3% | 2.6% |
| 30 Day | 4.5% | -3.1% | -0.4% |
| 90 Day | 7.4% | 1.7% | 4.1% |
| 1 Year | 2.1%-1.0% | -0.9%-3.1% | -8.8%-12.4% |
| 3 Year | n/a | 30.4%21.5% | -4.9%-16.3% |
| 5 Year | n/a | 93.0%75.0% | 14.3%-11.0% |
Price Volatility Vs. Market
How volatile is Alpha Financial Markets Consulting's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Here's Why Alpha Financial Markets Consulting (LON:AFM) Can Manage Its Debt Responsibly4 weeks ago | Simply Wall St
Does Alpha Financial Markets Consulting's (LON:AFM) Statutory Profit Adequately Reflect Its Underlying Profit?4 months ago | Simply Wall St
Is Alpha Financial Markets Consulting plc's (LON:AFM) 8.6% ROE Worse Than Average?Valuation
Is Alpha Financial Markets Consulting undervalued compared to its fair value and its price relative to the market?
32.1x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AFM (£1.96) is trading above our estimate of fair value (£1.65)
Significantly Below Fair Value: AFM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AFM is poor value based on its PE Ratio (32.1x) compared to the GB Professional Services industry average (15.1x).
PE vs Market: AFM is poor value based on its PE Ratio (32.1x) compared to the UK market (15.9x).
Price to Earnings Growth Ratio
PEG Ratio: AFM is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: AFM is overvalued based on its PB Ratio (2.2x) compared to the GB Professional Services industry average (2.1x).
Next Steps
Future Growth
How is Alpha Financial Markets Consulting forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
27.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AFM's forecast earnings growth (27.5% per year) is above the savings rate (1.2%).
Earnings vs Market: AFM's earnings (27.5% per year) are forecast to grow faster than the UK market (22.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AFM's revenue (7.8% per year) is forecast to grow faster than the UK market (4.5% per year).
High Growth Revenue: AFM's revenue (7.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AFM's Return on Equity is forecast to be low in 3 years time (17.3%).
Next Steps
Past Performance
How has Alpha Financial Markets Consulting performed over the past 5 years?
38.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AFM has high quality earnings.
Growing Profit Margin: AFM's current net profit margins (6.9%) are lower than last year (12.1%).
Past Earnings Growth Analysis
Earnings Trend: AFM's earnings have grown significantly by 38.9% per year over the past 5 years.
Accelerating Growth: AFM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AFM had negative earnings growth (-32.9%) over the past year, making it difficult to compare to the Professional Services industry average (-13.4%).
Return on Equity
High ROE: AFM's Return on Equity (6.7%) is considered low.
Next Steps
Financial Health
How is Alpha Financial Markets Consulting's financial position?
Financial Position Analysis
Short Term Liabilities: AFM's short term assets (£47.2M) exceed its short term liabilities (£35.9M).
Long Term Liabilities: AFM's short term assets (£47.2M) exceed its long term liabilities (£13.4M).
Debt to Equity History and Analysis
Debt Level: AFM's debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AFM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AFM's debt is well covered by operating cash flow (364.2%).
Interest Coverage: AFM's interest payments on its debt are well covered by EBIT (57.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Alpha Financial Markets Consulting current dividend yield, its reliability and sustainability?
3.71%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AFM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AFM'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 AFM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AFM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AFM is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AFM'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
Euan N Fraser
7.58yrs
Tenure
Mr. Euan N B. Fraser serves as the Global Chief Executive Officer at Alpha Financial Markets Consulting plc since 2013. Mr. Fraser served as the Chief Executive Officer (UK) at Alpha Financial Markets Cons ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Global CEO & Director | 7.58yrs | no data | 1.32% £ 2.7m | |
| CFO & Director | 2.5yrs | no data | 0.037% £ 73.8k | |
| Global Chief Operating Officer | 0.58yr | no data | no data | |
| Global Chief Marketing Officer | no data | no data | no data | |
| Global Chief Client Officer & CEO of UK | no data | no data | no data | |
| Global Chief Commercial Officer & Adviser to the Board | no data | no data | no data | |
| Global Head of Asset & Wealth Management and CEO of France | 10.58yrs | no data | no data | |
| Chief Executive Officer of United States | 3.58yrs | no data | no data | |
| Chief Executive Officer of Alpha Data Solutions | 0.58yr | no data | no data |
3.0yrs
Average Tenure
Experienced Management: AFM's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Global CEO & Director | 7.58yrs | no data | 1.32% £ 2.7m | |
| CFO & Director | 2.5yrs | no data | 0.037% £ 73.8k | |
| Global Chief Commercial Officer & Adviser to the Board | no data | no data | no data | |
| Independent Non-Executive Chairman | 2.5yrs | no data | 0.18% £ 360.8k | |
| Non-Executive Director | 7.58yrs | no data | 0.97% £ 2.0m | |
| Senior Independent Non-Executive Director | 2.5yrs | no data | no data | |
| Independent Non-Executive Director | 0.083yr | no data | no data |
2.5yrs
Average Tenure
57yo
Average Age
Experienced Board: AFM's board of directors are not considered experienced ( 2.5 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
Alpha Financial Markets Consulting plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Alpha Financial Markets Consulting plc
- Ticker: AFM
- Exchange: AIM
- Founded: 2003
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: UK£201.622m
- Shares outstanding: 102.87m
- Website: https://www.alphafmc.com
Number of Employees
Location
- Alpha Financial Markets Consulting plc
- 60 Gresham Street
- London
- Greater London
- EC2V 7BB
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AFM | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Oct 2017 |
Biography
Alpha Financial Markets Consulting plc provides consulting services to the asset and wealth management industries in the United Kingdom, the United States, Europe, and Asia. The company offers services in ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/07 21:09 |
| End of Day Share Price | 2020/08/07 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.