Alpha Financial Markets Consulting
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 last earnings update was 44 days ago. More info.
Add to Portfolio Compare Print
AFM Share Price and Events
7 Day Returns
1 Year Returns
AFM Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Alpha Financial Markets Consulting (AFM) | -1.9% | -11% | -14.7% | -21.6% | - | - |
| GB Professional Services | -0.4% | -1.8% | 8.9% | 8.8% | 45.1% | 93.7% |
| GB Market | 0.1% | 0.6% | -0% | -2.2% | 11.2% | 6.1% |
1 Year Return vs Industry and Market
- AFM underperformed the Professional Services industry which returned 8.8% over the past year.
- AFM underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -2.2% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Alpha Financial Markets Consulting
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Alpha Financial Markets Consulting.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 4 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 7.2% |
| Perpetual Growth Rate | 10-Year GB Government Bond Rate | 1.2% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year GB Govt Bond Rate | 1.2% |
| Equity Risk Premium | S&P Global | 6.7% |
| Professional Services Unlevered Beta | Simply Wall St/ S&P Global | 0.85 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.852 (1 + (1- 19%) (0%)) |
0.901 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.9 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.901 * 6.65%) |
7.22% |
Discounted Cash Flow Calculation for AIM:AFM using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Alpha Financial Markets Consulting is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (GBP, Millions) | Source |
Present Value Discounted (@ 7.22%) |
|
|---|---|---|---|
| 2020 | 14.00 | Analyst x1 | 13.06 |
| 2021 | 16.05 | Analyst x2 | 13.96 |
| 2022 | 16.00 | Analyst x1 | 12.98 |
| 2023 | 16.02 | Est @ 0.15% | 12.13 |
| 2024 | 16.10 | Est @ 0.47% | 11.36 |
| 2025 | 16.21 | Est @ 0.7% | 10.67 |
| 2026 | 16.35 | Est @ 0.86% | 10.04 |
| 2027 | 16.51 | Est @ 0.97% | 9.45 |
| 2028 | 16.68 | Est @ 1.05% | 8.91 |
| 2029 | 16.87 | Est @ 1.1% | 8.40 |
| Present value of next 10 years cash flows | £110.96 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2029
× (1 + g) ÷ (Discount Rate – g)
= £16.87 × (1 + 1.23%) ÷ (7.22% – 1.23%) |
£284.96 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= £284.96 ÷ (1 + 7.22%)10 |
£141.94 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= £110.96 + £141.94 |
£252.90 |
| Equity Value per Share (GBP) |
= Total value / Shares Outstanding
= £252.90 / 100.99 |
£2.5 |
| Calculation | Result | |
|---|---|---|
| Value per share (GBP) | From above. | £2.50 |
| Current discount | Discount to share price of
£2.03
= -1 x (£2.03 - £2.50) / £2.50 |
18.9% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Alpha Financial Markets Consulting's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- Alpha Financial Markets Consulting's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Alpha Financial Markets Consulting's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Alpha Financial Markets Consulting's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in GBP | £0.09 |
| AIM:AFM Share Price ** | AIM (2019-07-19) in GBP | £2.03 |
| United Kingdom of Great Britain and Northern Ireland Professional Services Industry PE Ratio | Median Figure of 32 Publicly-Listed Professional Services Companies | 19.54x |
| United Kingdom of Great Britain and Northern Ireland Market PE Ratio | Median Figure of 791 Publicly-Listed Companies | 16.38x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Alpha Financial Markets Consulting.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = AIM:AFM Share Price ÷ EPS (both in GBP) = 2.03 ÷ 0.09 |
22.42x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Alpha Financial Markets Consulting is overvalued based on earnings compared to the GB Professional Services industry average.
- Alpha Financial Markets Consulting is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does
Alpha Financial Markets Consulting's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 22.42x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts |
19.2%per year |
| United Kingdom of Great Britain and Northern Ireland Professional Services Industry PEG Ratio | Median Figure of 20 Publicly-Listed Professional Services Companies | 1.57x |
| United Kingdom of Great Britain and Northern Ireland Market PEG Ratio | Median Figure of 573 Publicly-Listed Companies | 1.48x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 22.42x ÷ 19.2% |
1.17x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Alpha Financial Markets Consulting is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Alpha Financial Markets Consulting's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in GBP | £0.88 |
| AIM:AFM Share Price * | AIM (2019-07-19) in GBP | £2.03 |
| United Kingdom of Great Britain and Northern Ireland Professional Services Industry PB Ratio | Median Figure of 44 Publicly-Listed Professional Services Companies | 2.42x |
| United Kingdom of Great Britain and Northern Ireland Market PB Ratio | Median Figure of 1,377 Publicly-Listed Companies | 1.5x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = AIM:AFM Share Price ÷ Book Value per Share (both in GBP) = 2.03 ÷ 0.88 |
2.3x |
* Primary Listing of Alpha Financial Markets Consulting.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Alpha Financial Markets Consulting is good value based on assets compared to the GB Professional Services industry average.
Value checks
We assess Alpha Financial Markets Consulting's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check) Alpha Financial Markets Consulting has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Alpha Financial Markets Consulting's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
- Alpha Financial Markets Consulting's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
- Alpha Financial Markets Consulting's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| AIM:AFM Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts | 19.2% |
| AIM:AFM Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts | 12.8% |
| United Kingdom of Great Britain and Northern Ireland Professional Services Industry Earnings Growth Rate | Market Cap Weighted Average | 10.1% |
| United Kingdom of Great Britain and Northern Ireland Professional Services Industry Revenue Growth Rate | Market Cap Weighted Average | 5.2% |
| United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate | Market Cap Weighted Average | 10.9% |
| United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate | Market Cap Weighted Average | 4.8% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
| Date (Data in GBP Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2024-03-31 | 155 | 1 | ||
| 2023-03-31 | 135 | 1 | ||
| 2022-03-31 | 114 | 17 | 17 | 4 |
| 2021-03-31 | 104 | 17 | 15 | 4 |
| 2020-03-31 | 92 | 14 | 14 | 3 |
| Date (Data in GBP Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 76 | 16 | 9 |
| 2018-12-31 | 76 | 16 | 8 |
| 2018-09-30 | 76 | 16 | 6 |
| 2018-06-30 | 71 | 14 | 3 |
| 2018-03-31 | 66 | 11 | 0 |
| 2017-09-30 | 52 | 4 | -4 |
| 2017-06-30 | 47 | 5 | -4 |
| 2017-03-31 | 42 | 5 | -4 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
All data from Alpha Financial Markets Consulting Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in GBP Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2024-03-31 | ||||
| 2023-03-31 | ||||
| 2022-03-31 | 0.17 | 0.17 | 0.17 | 1.00 |
| 2021-03-31 | 0.15 | 0.16 | 0.14 | 2.00 |
| 2020-03-31 | 0.14 | 0.14 | 0.14 | 1.00 |
| Date (Data in GBP Millions) | EPS * |
|---|---|
| 2019-03-31 | 0.09 |
| 2018-12-31 | 0.08 |
| 2018-09-30 | 0.06 |
| 2018-06-30 | 0.03 |
| 2018-03-31 | 0.00 |
| 2017-09-30 | -0.03 |
| 2017-06-30 | -0.04 |
| 2017-03-31 | -0.05 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Alpha Financial Markets Consulting is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Future performance checks
We assess Alpha Financial Markets Consulting's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Alpha Financial Markets Consulting has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Alpha Financial Markets Consulting performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Alpha Financial Markets Consulting's year on year earnings growth rate has been positive over the past 5 years.
- Alpha Financial Markets Consulting has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
- Alpha Financial Markets Consulting has become profitable in the last year making it difficult to compare the GB Professional Services industry average.
Earnings and Revenue History
All data from Alpha Financial Markets Consulting Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in GBP Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 75.96 | 9.20 | 13.92 | |
| 2018-12-31 | 76.09 | 7.83 | 15.13 | |
| 2018-09-30 | 76.22 | 6.47 | 16.34 | |
| 2018-06-30 | 71.11 | 3.01 | 15.33 | |
| 2018-03-31 | 66.01 | -0.44 | 14.32 | |
| 2017-09-30 | 51.89 | -3.83 | 10.28 | |
| 2017-06-30 | 47.05 | -3.80 | 9.53 | |
| 2017-03-31 | 42.21 | -3.78 | 8.77 | |
| 2015-03-31 | 23.80 | 4.07 | 3.12 | |
| 2014-03-31 | 22.76 | 4.15 | 4.36 | |
| 2013-03-31 | 11.69 | 1.40 | 1.29 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Alpha Financial Markets Consulting has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Alpha Financial Markets Consulting used its assets less efficiently than the GB Professional Services industry average last year based on Return on Assets.
- Alpha Financial Markets Consulting has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Alpha Financial Markets Consulting's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Alpha Financial Markets Consulting has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Alpha Financial Markets Consulting's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Alpha Financial Markets Consulting's finances.
The net worth of a company is the difference between its assets and liabilities.
- Alpha Financial Markets Consulting is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Alpha Financial Markets Consulting's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Alpha Financial Markets Consulting has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Alpha Financial Markets Consulting Company Filings, last reported 3 months ago.
| Date (Data in GBP Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 89.14 | 0.00 | 18.58 |
| 2018-12-31 | 89.14 | 0.00 | 18.58 |
| 2018-09-30 | 84.32 | 0.00 | 10.63 |
| 2018-06-30 | 84.32 | 0.00 | 10.63 |
| 2018-03-31 | 82.65 | 0.00 | 9.77 |
| 2017-09-30 | -5.95 | 89.24 | 4.51 |
| 2017-06-30 | -5.95 | 89.24 | 4.51 |
| 2017-03-31 | -4.55 | 87.12 | 8.02 |
| 2015-03-31 | 5.78 | 4.18 | |
| 2014-03-31 | 6.56 | 5.93 | |
| 2013-03-31 | 2.68 | 0.53 |
- Alpha Financial Markets Consulting has no debt.
- Alpha Financial Markets Consulting currently has no debt however we can't compare to 5 years ago as we have no data for that period.
- Alpha Financial Markets Consulting has no debt, it does not need to be covered by operating cash flow.
- Alpha Financial Markets Consulting has no debt, therefore coverage of interest payments is not a concern.
Financial health checks
We assess Alpha Financial Markets Consulting's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Alpha Financial Markets Consulting has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
£2,000 of
Alpha Financial Markets Consulting
shares you are expected to receive
£59
in your first year as a dividend.
Dividend Amount
- Alpha Financial Markets Consulting's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.95%).
- Alpha Financial Markets Consulting's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.45%).
Upcoming dividend payment
Purchase Alpha Financial Markets Consulting before the 'Buy Limit' to receive their next dividend payment.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
| United Kingdom of Great Britain and Northern Ireland Professional Services Industry Average Dividend Yield | Market Cap Weighted Average of 30 Stocks | 2.1% |
| United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield | Market Cap Weighted Average of 706 Stocks | 4.2% |
| United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield | 10th Percentile | 1% |
| United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield | 25th Percentile | 2% |
| United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield | 75th Percentile | 5.5% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in £) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2024-03-31 | ||
| 2023-03-31 | ||
| 2022-03-31 | 0.08 | 3.00 |
| 2021-03-31 | 0.08 | 4.00 |
| 2020-03-31 | 0.07 | 4.00 |
| Date (Data in £) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-06-05 | 0.060 | 2.722 |
| 2018-11-27 | 0.056 | 2.360 |
| 2018-06-06 | 0.052 | 2.166 |
| 2017-11-28 | 0.030 | 1.777 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whilst dividend payments have been stable, Alpha Financial Markets Consulting has been paying a dividend for less than 10 years.
- Dividend payments have increased, but Alpha Financial Markets Consulting only paid a dividend in the past 2 years.
Income/ dividend checks
We assess Alpha Financial Markets Consulting's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Alpha Financial Markets Consulting afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Alpha Financial Markets Consulting has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| TENURE AS CEO | 6.5 years |
CEO Bio
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 Consulting Ltd from 2011 to 2015. Mr. Fraser joined Alpha Financial in October 2004. Before joining Alpha, he served as a Director at Synagir management consultancy with responsibility for asset management. He has several years financial services experience with Merrill Lynch and KPMG. Mr. Fraser serves as a Director at Alpha Financial Markets Consulting UK Limited and Alpha Financial Markets Consulting plc. Mr. Fraser is a Chartered Accountant and a graduate of Edinburgh University.
CEO Compensation
- Insufficient data for Euan N to compare compensation growth.
- Insufficient data for Euan N to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure
Average tenure of the Alpha Financial Markets Consulting management team in years:
- The tenure for the Alpha Financial Markets Consulting management team is about average.
Management Team
Euan N Fraser
Global CEO & Director
6.5 yrs
John Paton
CFO, Company Secretary & Director
46
1.4 yrs
Nina Spencer
Global Chief Operating Officer
Neil Curham
Global Chief Marketing Officer
Stuart McNulty
Chief Executive Officer of UK
Nick Baker
Global Chief Commercial Officer & Adviser to the Board
Luc Baque
Chief Executive Officer of Europe
9.5 yrs
Joe Morant
Chief Executive Officer of United States
2.5 yrs
Board of Directors Tenure
Average tenure of the Alpha Financial Markets Consulting board of directors in years:
- The average tenure for the Alpha Financial Markets Consulting board of directors is less than 3 years, this suggests a new board.
Board of Directors
Ken Fry
Independent Non-Executive Chairman
1.4 yrs
Euan N Fraser
Global CEO & Director
John Paton
CFO, Company Secretary & Director
46
1.4 yrs
Nick Baker
Global Chief Commercial Officer & Adviser to the Board
Penny Judd
Senior Independent Non-Executive Director
56
1.4 yrs
Nick Kent
Non-Executive Director
6.5 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (£) | Value (£) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 30. Nov 18 | Sell | Euan N Fraser | Individual | 29. Nov 18 | 29. Nov 18 | -678,040 | £2.18 | £-1,478,127 | ||
Management checks
We assess Alpha Financial Markets Consulting's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Alpha Financial Markets Consulting has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Does Alpha Financial Markets Consulting plc's (LON:AFM) Stock Price Account For Its Growth?
Alpha Financial Markets Consulting plc (LON:AFM) is considered a high-growth stock, but its last closing price of £2.28 left some investors wondering if this high future earnings potential can be rationalized by its current price tag. … As the legendary value investor Ben Graham once said, “Price is what you pay, value is what you get.” Alpha Financial Markets Consulting is trading at price-to-earnings (PE) ratio of 25.18x, which tells us the stock is overvalued based on current earnings compared to the Professional Services industry average of 18.74x , and overvalued compared to the GB market average ratio of 16.39x. … But, since Alpha Financial Markets Consulting is a high-growth stock, we must also account for its earnings growth by using calculation called the PEG ratio.
Simply Wall St - – Full articleShould We Be Cautious About Alpha Financial Markets Consulting plc's (LON:AFM) ROE Of 10%?
View our latest analysis for Alpha Financial Markets Consulting How Do You Calculate Return On Equity? … The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Alpha Financial Markets Consulting: 10% = UK£9.2m ÷ UK£89m (Based on the trailing twelve months to March 2019.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … Alpha Financial Markets Consulting's Debt And Its 10% ROE Alpha Financial Markets Consulting is free of net debt, which is a positive for shareholders.
Simply Wall St - – Full articleHow Do Analysts See Alpha Financial Markets Consulting plc (LON:AFM) Performing In The Years Ahead?
Alpha Financial Markets Consulting plc's (LON:AFM) most recent earnings announcement in March 2019 indicated that the company turned profitable again after incurring negative earnings in the previous financial year. … Below, I've laid out key numbers on how market analysts view Alpha Financial Markets Consulting's earnings growth trajectory over the next few years and whether the future looks brighter. … See our latest analysis for Alpha Financial Markets Consulting Market analysts' prospects for the coming year seems buoyant, with earnings increasing by a significant 52%.
Simply Wall St - – Full articleWhat To Know Before Buying Alpha Financial Markets Consulting plc (LON:AFM) For Its Dividend
Dividend paying stocks like Alpha Financial Markets Consulting plc (LON:AFM) tend to be popular with investors, and for good reason - some research shows that a significant amount of all stock market returns come from reinvested dividends.. … Unfortunately, one common occurrence with dividend companies is for investors to be enticed in by the seemingly attractive yield, and lose money when the company has to cut its dividend payments.. … Some readers mightn't know much about Alpha Financial Markets Consulting's 2.4% dividend, as it has only been paying distributions for a year or so.
Simply Wall St - – Full articleAlpha Financial Markets Consulting (LON:AFM) Shareholders Booked A 59% Gain In The Last Year
To wit, the Alpha Financial Markets Consulting plc (LON:AFM) share price is 59% higher than it was a year ago, much better than the market return of around 1.7% (not including dividends) in the same period. … View our latest analysis for Alpha Financial Markets Consulting. … During the last year Alpha Financial Markets Consulting grew its earnings per share, moving from a loss to a profit.
Simply Wall St - – Full articleShould We Be Cautious About Alpha Financial Markets Consulting plc's (LON:AFM) ROE Of 7.7%?
To keep the lesson grounded in practicality, we'll use ROE to better understand Alpha Financial Markets Consulting plc (LON:AFM). … Our data shows Alpha Financial Markets Consulting has a return on equity of 7.7% for the last year. … See our latest analysis for Alpha Financial Markets Consulting?
Simply Wall St - – Full articleAn Examination Of Alpha Financial Markets Consulting plc (LON:AFM)
Help shape the future of investing tools and you could win a $250 gift card! … I've been keeping an eye on Alpha Financial Markets Consulting plc (LON:AFM) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe AFM has a lot to offer.
Simply Wall St - – Full articleWhat does Alpha Financial Markets Consulting plc's (LON:AFM) Balance Sheet Tell Us About Its Future?
Alpha Financial Markets Consulting plc (LON:AFM), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is financial flexibility worth the lower cost of capital … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt.
Simply Wall St - – Full articleWhat To Know Before Buying Alpha Financial Markets Consulting plc (LON:AFM) For Its Dividend
Alpha Financial Markets Consulting plc (LON:AFM) has started paying a dividend to shareholders. … Let's take a look at Alpha Financial Markets Consulting in more detail. … View our latest analysis for Alpha Financial Markets Consulting
Simply Wall St - – Full articleAlpha Financial Markets Consulting plc (LON:AFM) Might Not Be A Great Investment
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.
Simply Wall St - – Full articleCompany Info
Description
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 the areas of mergers and acquisitions consulting, operations and outsourcing, front office IT, enterprise IT, customer relationship management and distribution, digital transformation, client service and reporting, compliance and regulation, data management, and product development. It serves asset managers, wealth managers, intermediaries and platforms, and service providers. Alpha Financial Markets Consulting plc was founded in 2003 and is headquartered in London, the United Kingdom.
Details
| Name: | Alpha Financial Markets Consulting plc |
| AFM | |
| Exchange: | AIM |
| Founded: | 2003 |
| £205,002,980 | |
| 100,986,690 | |
| Website: | http://www.alphafmc.com |
| Address: |
Alpha Financial Markets Consulting plc 60 Gresham Street, London, Greater London, EC2V 7BB, United Kingdom |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| AIM | AFM | Ordinary Shares | London Stock Exchange AIM Market | GB | GBP | 11. Oct 2017 |
Number of employees
Current staff
Industry
| Research and Consulting Services | |
| Commercial Services |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/07/19 22:09 |
| End of day share price update: | 2019/07/19 00:00 |
| Last estimates confirmation: | 2019/07/15 |
| Last earnings filing: | 2019/06/05 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2019/03/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
