AIM:AFM

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Alpha Financial Markets Consulting

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


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

0.5%

AFM

-3.5%

GB Professional Services

-2.4%

GB Market


1 Year Return

1.9%

AFM

0.1%

GB Professional Services

-17.0%

GB Market

Return vs Industry: AFM exceeded the UK Professional Services industry which returned -0.9% over the past year.

Return vs Market: AFM exceeded the UK Market which returned -17% over the past year.


Shareholder returns

AFMIndustryMarket
7 Day0.5%-3.5%-2.4%
30 Day3.4%3.2%-3.0%
90 Day13.1%-1.1%-4.4%
1 Year2.9%1.9%2.3%0.1%-13.8%-17.0%
3 Yearn/a33.2%24.2%-8.6%-19.5%
5 Yearn/a107.8%84.3%17.4%-8.6%

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

Valuation

Is Alpha Financial Markets Consulting undervalued compared to its fair value and its price relative to the market?

34.72x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AFM (£2.12) is trading above our estimate of fair value (£1.67)

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 (34.7x) compared to the GB Professional Services industry average (24.3x).

PE vs Market: AFM is poor value based on its PE Ratio (34.7x) compared to the UK market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: AFM is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: AFM is overvalued based on its PB Ratio (2.3x) 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 (23.9% 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 (6.3% 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 a large one-off loss of £3.8M impacting its March 31 2020 financial results.

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 (-16.3%).


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 (78.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Alpha Financial Markets Consulting current dividend yield, its reliability and sustainability?

3.43%

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?

3.1yrs

Average management tenure


CEO

Euan N. Fraser

7.67yrs

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 Con ...


Leadership Team

NamePositionTenureCompensationOwnership
Euan N. Fraser
Global CEO & Director7.67yrsno data1.32%
£ 2.9m
John Paton
CFO & Director2.58yrsno data0.037%
£ 79.8k
Sarah Peacock
Global Chief Operating Officer0.67yrno datano data
Neil Curham
Global Chief Marketing Officerno datano datano data
Stuart McNulty
Global Chief Client Officer & CEO of UKno datano datano data
Nicholas Baker
Global Chief Commercial Officer & Adviser to the Boardno datano datano data
Luc Baque
Global Head of Asset & Wealth Management and CEO of France10.67yrsno datano data
Joseph Morant
Chief Executive Officer of United States3.67yrsno datano data
Nina Spencer
Chief Executive Officer of Alpha Data Solutions0.67yrno datano data

3.1yrs

Average Tenure

Experienced Management: AFM's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Euan N. Fraser
Global CEO & Director7.67yrsno data1.32%
£ 2.9m
John Paton
CFO & Director2.58yrsno data0.037%
£ 79.8k
Nicholas Baker
Global Chief Commercial Officer & Adviser to the Boardno datano datano data
Kenneth Fry
Independent Non-Executive Chairman2.58yrsno data0.18%
£ 390.2k
Penelope Judd
Senior Independent Non-Executive Director2.58yrsno datano data
Jill May
Independent Non-Executive Director0.17yrno datano data

2.6yrs

Average Tenure

57yo

Average Age

Experienced Board: AFM's board of directors are not considered experienced ( 2.6 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£218.081m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AFMAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPOct 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 03:37
End of Day Share Price2020/09/25 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.