Alpha Financial Markets Consulting
Market Cap
UK£250.2m
Last Updated
2021/02/24 20:37 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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless 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 is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: AFM's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
-3.2%
AFM
-6.7%
GB Professional Services
-0.8%
GB Market
1 Year Return
8.4%
AFM
-10.7%
GB Professional Services
-3.7%
GB Market
Return vs Industry: AFM exceeded the UK Professional Services industry which returned -9.6% over the past year.
Return vs Market: AFM exceeded the UK Market which returned -2% over the past year.
Shareholder returns
| AFM | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.2% | -6.7% | -0.8% |
| 30 Day | -2.0% | -6.2% | 0.9% |
| 90 Day | 5.1% | -2.8% | 6.6% |
| 1 Year | 9.4%8.4% | -9.0%-10.7% | 2.1%-3.7% |
| 3 Year | 61.9%52.2% | 27.6%19.3% | 9.6%-3.5% |
| 5 Year | n/a | 75.8%56.8% | 41.7%14.3% |
Long-Term 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
6 days ago | Simply Wall St
When Should You Buy Alpha Financial Markets Consulting plc (LON:AFM)?2 weeks ago | Simply Wall St
We Think Alpha Financial Markets Consulting's (LON:AFM) Statutory Profit Might Understate Its Earnings Potential3 weeks ago | Simply Wall St
Why Alpha Financial Markets Consulting plc (LON:AFM) Is A Dividend RockstarValuation
Is Alpha Financial Markets Consulting undervalued compared to its fair value and its price relative to the market?
16.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AFM (£2.45) is trading below our estimate of fair value (£2.93)
Significantly Below Fair Value: AFM is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: AFM is poor value based on its PE Ratio (44.5x) compared to the GB Professional Services industry average (31.6x).
PE vs Market: AFM is poor value based on its PE Ratio (44.5x) compared to the UK market (23.6x).
Price to Earnings Growth Ratio
PEG Ratio: AFM is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: AFM's PB Ratio (2.7x) is in line with the GB Professional Services industry average.
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?
25.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AFM's forecast earnings growth (25.4% per year) is above the savings rate (1%).
Earnings vs Market: AFM's earnings (25.4% per year) are forecast to grow faster than the UK market (23.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AFM's revenue (8.2% per year) is forecast to grow faster than the UK market (7% per year).
High Growth Revenue: AFM's revenue (8.2% 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 (16.7%).
Next Steps
Past Performance
How has Alpha Financial Markets Consulting performed over the past 5 years?
60.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AFM has a large one-off loss of £3.8M impacting its September 30 2020 financial results.
Growing Profit Margin: AFM's current net profit margins (5.9%) are lower than last year (9.8%).
Past Earnings Growth Analysis
Earnings Trend: AFM's earnings have grown significantly by 60.2% 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 (-28.5%) over the past year, making it difficult to compare to the Professional Services industry average (-23.5%).
Return on Equity
High ROE: AFM's Return on Equity (5.8%) 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 (£52.3M) exceed its short term liabilities (£36.2M).
Long Term Liabilities: AFM's short term assets (£52.3M) exceed its long term liabilities (£11.9M).
Debt to Equity History and Analysis
Debt Level: AFM is debt free.
Reducing Debt: AFM had no debt 5 years ago.
Debt Coverage: AFM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AFM has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Alpha Financial Markets Consulting current dividend yield, its reliability and sustainability?
1.71%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AFM's dividend (1.71%) is higher than the bottom 25% of dividend payers in the UK market (1.49%).
High Dividend: AFM's dividend (1.71%) is low compared to the top 25% of dividend payers in the UK market (4.52%).
Stability and Growth of Payments
Stable Dividend: AFM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AFM's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.1%), AFM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AFM's dividends in 3 years are forecast to be well covered by earnings (48.6% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
Euan N. Fraser
8.08yrs
Tenure
UK£583,000
Compensation
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 Con...
CEO Compensation Analysis
Compensation vs Market: Euan N.'s total compensation ($USD822.17K) is about average for companies of similar size in the UK market ($USD795.37K).
Compensation vs Earnings: Euan N.'s compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Global CEO & Director | 8.08yrs | UK£583.00k | 0.55% £ 1.4m | |
| Global CFO & Director | 3yrs | UK£246.00k | 0.037% £ 92.2k | |
| Global Chief Operating Officer | 1.08yrs | no data | no data | |
| Global Chief Client Officer and Head of UK for Asset & Wealth Management Consulting | no data | no data | no data | |
| Global Chief Commercial Officer & Adviser to the Board | no data | no data | no data | |
| Global Head of Alpha Data Solutions | 0.25yr | no data | no data | |
| Global Head of Innovation for Asset & Wealth Management Consulting | 0.25yr | no data | no data | |
| Global Head of Asset & Wealth Management Consulting | 11.08yrs | no data | no data | |
| Head of North America for Asset & Wealth Management Consulting | 4.08yrs | 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 | 8.08yrs | UK£583.00k | 0.55% £ 1.4m | |
| Global CFO & Director | 3yrs | UK£246.00k | 0.037% £ 92.2k | |
| Global Chief Commercial Officer & Adviser to the Board | no data | no data | no data | |
| Independent Non-Executive Chairman | 3yrs | UK£65.00k | 0.18% £ 451.0k | |
| Senior Independent Non-Executive Director | 3yrs | UK£50.00k | no data | |
| Independent Non-Executive Director | 0.58yr | no data | no data | |
| Director | 0.083yr | no data | no data | |
| Director | 0.083yr | no data | no data |
1.8yrs
Average Tenure
57yo
Average Age
Experienced Board: AFM'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: AFM insiders have only sold shares 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£250.165m
- Shares outstanding: 102.11m
- 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 | 2021/02/24 20:37 |
| End of Day Share Price | 2021/02/24 00:00 |
| Earnings | 2020/09/30 |
| 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.