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Christie Group

AIM:CTG
Snowflake Description

Good value with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CTG
AIM
£25M
Market Cap
  1. Home
  2. GB
  3. Commercial Services
Company description

Christie Group plc, together with its subsidiaries, provides professional business services for leisure, retail, and care sectors in Europe and internationally. The last earnings update was 183 days ago. More info.


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  • Christie Group has significant price volatility in the past 3 months.
CTG Share Price and Events
7 Day Returns
-3.9%
AIM:CTG
56%
GB Professional Services
3.7%
GB Market
1 Year Returns
-5.3%
AIM:CTG
10.8%
GB Professional Services
0.8%
GB Market
CTG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Christie Group (CTG) -3.9% -21% -1% -5.3% -23.7% -9.3%
GB Professional Services 56% -1.7% 5.3% 10.8% 41.6% 71.1%
GB Market 3.7% 1.4% 8.8% 0.8% 14.6% 4.4%
1 Year Return vs Industry and Market
  • CTG underperformed the Professional Services industry which returned 10.8% over the past year.
  • CTG underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 0.8% over the past year.
Price Volatility
CTG
Industry
5yr Volatility vs Market

Value

 Is Christie Group undervalued based on future cash flows and its price relative to the stock market?

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 Christie Group 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.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Christie Group.

AIM:CTG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.1%
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.

Calculation of Discount Rate/ Cost of Equity for AIM:CTG
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 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.861 (1 + (1- 19%) (28.16%))
1.039
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.039 * 6.65%)
8.13%

Discounted Cash Flow Calculation for AIM:CTG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Christie Group 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.

AIM:CTG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 8.13%)
2019 4.03 Est @ 40.34% 3.73
2020 5.18 Est @ 28.61% 4.43
2021 6.24 Est @ 20.39% 4.93
2022 7.15 Est @ 14.64% 5.23
2023 7.91 Est @ 10.62% 5.35
2024 8.53 Est @ 7.8% 5.33
2025 9.03 Est @ 5.83% 5.22
2026 9.43 Est @ 4.45% 5.04
2027 9.76 Est @ 3.48% 4.83
2028 10.03 Est @ 2.81% 4.59
Present value of next 10 years cash flows £48.69
AIM:CTG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £10.03 × (1 + 1.23%) ÷ (8.13% – 1.23%)
£146.99
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £146.99 ÷ (1 + 8.13%)10
£67.25
AIM:CTG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £48.69 + £67.25
£115.93
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £115.93 / 25.57
£4.53
AIM:CTG Discount to Share Price
Calculation Result
Value per share (GBP) From above. £4.53
Current discount Discount to share price of £0.98
= -1 x (£0.98 - £4.53) / £4.53
78.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Christie Group is available for.
Intrinsic value
>50%
Share price is £0.98 vs Future cash flow value of £4.53
Current Discount Checks
For Christie Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Christie Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Christie Group's share price is below the future cash flow value, and 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 Christie Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Christie Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:CTG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in GBP £0.13
AIM:CTG Share Price ** AIM (2019-03-19) in GBP £0.98
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PE Ratio Median Figure of 33 Publicly-Listed Professional Services Companies 19x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 806 Publicly-Listed Companies 15.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Christie Group.

AIM:CTG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:CTG Share Price ÷ EPS (both in GBP)

= 0.98 ÷ 0.13

7.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Christie Group is good value based on earnings compared to the GB Professional Services industry average.
  • Christie Group is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Christie Group's expected growth come at a high price?
Raw Data
AIM:CTG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
4.8%per year
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Professional Services Companies 1.61x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 574 Publicly-Listed Companies 1.37x

*Line of best fit is calculated by linear regression .

AIM:CTG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.47x ÷ 4.8%

1.56x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Christie Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Christie Group's assets?
Raw Data
AIM:CTG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in GBP £-0.09
AIM:CTG Share Price * AIM (2019-03-19) in GBP £0.98
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PB Ratio Median Figure of 43 Publicly-Listed Professional Services Companies 3.12x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,359 Publicly-Listed Companies 1.52x
AIM:CTG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:CTG Share Price ÷ Book Value per Share (both in GBP)

= 0.98 ÷ -0.09

-11.26x

* Primary Listing of Christie Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Christie Group has negative assets, we can't compare the value of its assets to the GB Professional Services industry average.
X
Value checks
We assess Christie Group's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. Christie Group has a total score of 4/6, 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

 How is Christie Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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!
Annual Growth Rate
4.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Christie Group expected to grow at an attractive rate?
  • Christie Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Christie Group's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Christie Group's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:CTG Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:CTG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 4.8%
AIM:CTG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 6.9%
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 8.8%
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11.1%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 5%

*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
Raw Data
AIM:CTG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:CTG Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 89 5 4 1
2019-12-31 83 5 3 1
2018-12-31 77 4 3 1
AIM:CTG Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-06-30 75 4 3
2018-03-31 73 5 3
2017-12-31 72 5 2
2017-09-30 70 4 3
2017-06-30 68 3 3
2017-03-31 66 1 2
2016-12-31 64 -1 1
2016-09-30 64 -1 1
2016-06-30 64 0 0
2016-03-31 64 1 2
2015-12-31 64 2 3
2015-09-30 64 2 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Christie Group's earnings are expected to grow by 4.8% yearly, however this is not considered high growth (20% yearly).
  • Christie Group's revenue is expected to grow by 6.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:CTG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Christie Group Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:CTG Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.14 0.14 0.14 1.00
2019-12-31 0.12 0.12 0.12 1.00
2018-12-31 0.11 0.11 0.11 1.00
AIM:CTG Past Financials Data
Date (Data in GBP Millions) EPS *
2018-06-30 0.13
2018-03-31 0.11
2017-12-31 0.09
2017-09-30 0.11
2017-06-30 0.12
2017-03-31 0.09
2016-12-31 0.05
2016-09-30 0.03
2016-06-30 0.01
2016-03-31 0.06
2015-12-31 0.10
2015-09-30 0.11

*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.
  • Unable to establish if Christie Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Christie Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. 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)
  3. 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)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Christie Group has a total score of 2/6, 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 Christie Group performed over the past 5 years?

  • Christie Group's last earnings update was 183 days ago.
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
Below we compare Christie Group's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Christie Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Christie Group's 1-year earnings growth is less than its 5-year average (10.6% vs 26.6%)
  • Christie Group's earnings growth has not exceeded the GB Professional Services industry average in the past year (10.6% vs 15.1%).
Earnings and Revenue History
Christie Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Christie Group Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:CTG Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 75.11 3.46 -0.06
2018-03-31 73.37 2.98 -0.06
2017-12-31 71.64 2.50 -0.06
2017-09-30 69.74 2.82 0.07
2017-06-30 67.84 3.13 0.19
2017-03-31 66.16 2.28 0.19
2016-12-31 64.49 1.42 0.19
2016-09-30 64.03 0.86 0.03
2016-06-30 63.58 0.32 -0.14
2016-03-31 63.66 1.52 -0.14
2015-12-31 63.74 2.71 -0.14
2015-09-30 63.54 2.90 -0.04
2015-06-30 63.34 3.09 0.06
2015-03-31 62.18 2.77 0.06
2014-12-31 61.01 2.46 0.06
2014-09-30 59.43 1.97 0.05
2014-06-30 57.86 1.49 0.05
2014-03-31 56.01 0.87 0.05
2013-12-31 54.15 0.24 0.05
2013-09-30 52.89 -0.36 0.02
2013-06-30 51.62 -0.96 -0.01
2013-03-31 53.85 -0.12 -0.01
2012-12-31 56.09 0.73 -0.01
2012-09-30 56.15 0.41 -0.05
2012-06-30 56.19 0.45 -0.09
2012-03-31 54.74 0.17 -0.09

*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.
  • It is difficult to establish if Christie Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Christie Group used its assets more efficiently than the GB Professional Services industry average last year based on Return on Assets.
  • Christie Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Christie Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Christie Group 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 Christie Group'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 Christie Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Christie Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Christie Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Christie Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Christie Group has negative shareholder equity (liabilities exceed assets) therefore debt is not 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.
Raw Data

All data from Christie Group Company Filings, last reported 8 months ago.

AIM:CTG Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 -2.29 7.06 3.98
2018-03-31 -2.29 7.06 3.98
2017-12-31 -4.60 7.26 4.69
2017-09-30 -4.60 7.26 4.69
2017-06-30 -9.51 6.81 3.39
2017-03-31 -9.51 6.81 3.39
2016-12-31 -9.22 7.35 1.64
2016-09-30 -9.29 5.63 1.64
2016-06-30 -7.41 6.48 2.35
2016-03-31 -7.41 6.48 2.35
2015-12-31 -3.32 4.30 3.62
2015-09-30 -3.32 4.30 3.62
2015-06-30 -5.91 3.40 0.47
2015-03-31 -5.91 3.40 0.47
2014-12-31 -6.73 4.39 3.77
2014-09-30 -6.73 4.39 3.77
2014-06-30 -2.03 4.57 0.42
2014-03-31 -2.03 4.57 0.42
2013-12-31 -0.09 4.48 1.75
2013-09-30 -0.09 4.48 1.75
2013-06-30 -3.33 3.80 0.33
2013-03-31 -3.33 3.80 0.33
2012-12-31 -4.54 3.44 1.31
2012-09-30 1.92 3.44 1.31
2012-06-30 2.67 4.13 0.96
2012-03-31 2.67 4.13 0.96
  • Christie Group has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Christie Group's debt level has increased considering it has negative shareholder equity.
  • Debt is well covered by operating cash flow (59.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 33.1x coverage).
X
Financial health checks
We assess Christie Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Christie Group has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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

 What is Christie Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.81%
Current annual income from Christie Group dividends. Estimated to be 3.44% next year.
If you bought £2,000 of Christie Group shares you are expected to receive £56 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Christie Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.03%).
  • Christie Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.18%).
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.
Raw Data
AIM:CTG Annualized Past and Future Dividends
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 1 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 2.4%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 704 Stocks 4.3%
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 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:CTG Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.04 1.00
2019-12-31 0.03 1.00
2018-12-31 0.03 1.00
AIM:CTG Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-05-18 0.028 2.325
2018-04-17 0.028 2.157
2017-05-12 0.025 2.374
2017-04-03 0.025 3.071
2016-05-09 0.025 2.853
2016-04-04 0.025 2.192
2015-05-08 0.023 1.689
2015-03-31 0.023 1.649
2014-03-31 0.020 1.551
2014-03-28 0.020 1.932
2013-09-19 0.010 1.195
2013-04-08 0.010 1.455
2012-09-10 0.010 1.631
2012-04-30 0.005 0.746
2012-04-04 0.005 0.995
2011-03-28 0.010 1.728
2010-09-13 0.000 0.000
2010-03-29 0.000 0.000
2010-03-01 0.000 0.000
2009-08-27 0.000 0.000
2009-03-27 0.000 0.000
2009-03-20 0.033 13.811

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Christie Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.9x coverage).
X
Income/ dividend checks
We assess Christie Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Christie Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Christie Group 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

 What is the CEO of Christie Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Rugg
COMPENSATION £500,000
AGE 64
TENURE AS CEO 19.2 years
CEO Bio

Mr. David B. Rugg has been the Group Chief Executive Officer of Christie Group PLC 2000 and as its Chairman of the Board since September 18, 2017. Mr. Rugg is responsible for the day-to-day operation and development of Christie Group PLC. He served as Group Managing Director at Christie Group since 1985. Mr. Rugg has extensive experience of the hotel sector worldwide. Mr. Rugg serves as Chairman\Director of Christie Group companies and has been with it since 1972 and served as Managing Director. Mr. David serves as the Chairman of Christie, Owen & Davies Ltd. He serves as a Director of Christie Group PLC.

CEO Compensation
  • David's compensation has been consistent with company performance over the past year.
  • David's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Christie Group management team in years:

10.5
Average Tenure
59
Average Age
  • The average tenure for the Christie Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

David Rugg

TITLE
Chairman & Chief Executive
COMPENSATION
£500K
AGE
64
TENURE
19.2 yrs

Simon Hawkins

TITLE
Group Finance Director & Director
COMPENSATION
£63K
AGE
47
TENURE
1.5 yrs

Dan Prickett

TITLE
COO, Secretary & Director
COMPENSATION
£294K
AGE
41
TENURE
1.5 yrs

Paul Harding

TITLE
Executive Director
COMPENSATION
£297K
AGE
59
TENURE
15.2 yrs

Chris Day

TITLE
Executive Director
COMPENSATION
£497K
AGE
60
TENURE
26.2 yrs

Trevor Heyburn

TITLE
Managing Director of Venners

Justin Cain

TITLE
Managing Director - Pinders

Simon Hughes

TITLE
Head of Medical - Christie & Co and Director of Christie & Co
TENURE
5.8 yrs

Walter Murray

TITLE
Managing Director - Christie Insurance

Nick Baker

TITLE
Managing Director - Christie Financial Services
Board of Directors Tenure

Average tenure and age of the Christie Group board of directors in years:

1.5
Average Tenure
52.5
Average Age
  • The average tenure for the Christie Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Rugg

TITLE
Chairman & Chief Executive
COMPENSATION
£500K
AGE
64
TENURE
1.5 yrs

Simon Hawkins

TITLE
Group Finance Director & Director
COMPENSATION
£63K
AGE
47
TENURE
1.5 yrs

Dan Prickett

TITLE
COO, Secretary & Director
COMPENSATION
£294K
AGE
41
TENURE
9 yrs

Paul Harding

TITLE
Executive Director
COMPENSATION
£297K
AGE
59
TENURE
7.7 yrs

Chris Day

TITLE
Executive Director
COMPENSATION
£497K
AGE
60

Simon Hughes

TITLE
Head of Medical - Christie & Co and Director of Christie & Co
TENURE
5.8 yrs

Laurie Benson

TITLE
Non-Executive Director
COMPENSATION
£4K
AGE
58
TENURE
1.3 yrs

Hwfa Anthony Gwyn

TITLE
Non-Executive Director
COMPENSATION
£9K
AGE
38
TENURE
1.5 yrs

Victoria Muir

TITLE
Independent Non-Executive Director
AGE
46
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
15. Jun 18 Buy Victoria Muir Individual 15. Jun 18 15. Jun 18 2,500 £1.50 £3,750
X
Management checks
We assess Christie Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Christie Group 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 Christie Group plc's (LON:CTG) CEO Salary Reflect Performance?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does David Rugg's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Christie Group plc has a market cap of UK£25m, and is paying total annual CEO compensation of UK£500k.

Simply Wall St -

Do You Like Christie Group plc (LON:CTG) At This P/E Ratio?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll show how you can use Christie Group plc's (LON:CTG) P/E ratio to inform your assessment of the investment opportunity. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Why Christie Group plc’s (LON:CTG) Return On Capital Employed Is Impressive

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Is Christie Group plc (LON:CTG) A Great Dividend Stock?

A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … Historically, Christie Group plc (LON:CTG) has paid dividends to shareholders, and these days it yields 2.9%. … Let's take a look at Christie Group in more detail.

Simply Wall St -

Brief Commentary On Christie Group plc's (LON:CTG) Fundamentals

Christie Group plc (LON:CTG) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … report on Christie Group here

Simply Wall St -

How Should Investors React To Christie Group plc's (LON:CTG) CEO Pay?

According to our data, Christie Group plc has a market capitalization of UK£28m, and pays its CEO total annual compensation worth UK£500k. … We examined a group of similar sized companies, with market capitalizations of below UK£156m. … It would therefore appear that Christie Group plc pays David Rugg more than the median CEO remuneration at companies of a similar size, in the same market

Simply Wall St -

Should You Be Tempted To Buy Christie Group plc (LON:CTG) At Its Current PE Ratio?

This analysis is intended to introduce important early concepts to people who are starting to invest. … Christie Group plc (LON:CTG) trades with a trailing P/E of 8.1, which is lower than the industry average of 18.3. … View our latest analysis for Christie Group

Simply Wall St -

What Do You Get For Owning Christie Group plc (LON:CTG)?

and want a simplistic look at the return on Christie Group plc (LON:CTG) stock. … Christie Group stock represents an ownership share in the company. … Thus, to understand how your money can grow by investing in Christie Group, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

Best AIM Undervalued Companies

Companies, such as Christie Group, are deemed to be undervalued because their shares are currently trading below their true values. … AIM:GFM PE PEG Gauge Jun 25th 18 Morgan Sindall Group plc (LSE:MGNS) Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. … Interested in Morgan Sindall Group?

Simply Wall St -

Reasons Why I Like Christie Group plc (LON:CTG)

Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on Christie Group plc (LON:CTG) due to its excellent fundamentals in more than one area.

Simply Wall St -

Company Info

Description

Christie Group plc, together with its subsidiaries, provides professional business services for leisure, retail, and care sectors in Europe and internationally. It operates in two segments, Professional Business Services; and Stock & Inventory Systems & Services. The Professional Business Services segment engages in valuing, buying, selling, developing, financing, and insuring various businesses; and providing business intelligence, business appraisal, and consultancy services. This segment offers its services under the Christie & Co, Christie Finance, Christie Insurance, and Pinders brands. The Stock & Inventory Systems & Services segment provides stocktaking, inventory, and consultancy services, as well as related stock management systems to the hospitality sector; software and systems to the leisure and hospitality sectors; and online cloud-based ticketing sales and admission systems to visitor attractions, such as historic houses and estates, museums, zoos, safari parks, aquaria, and cinemas. This segment offers its services under the Orridge, Venners, and Vennersys brands. The company is also involved in the business mortgage and insurance brokerage operations. Christie Group plc was founded in 1846 and is headquartered in London, the United Kingdom.

Details
Name: Christie Group plc
CTG
Exchange: AIM
Founded: 1846
£25,060,784
25,572,229
Website: http://www.christiegroup.com
Address: Christie Group plc
Whitefriars House,
6 Carmelite Street,
London,
Greater London, EC4Y 0BS,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM CTG Ordinary Shares London Stock Exchange AIM Market GB GBP 02. Jan 1992
Number of employees
Current staff
Staff numbers
3,000
Christie Group employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 20:34
End of day share price update: 2019/03/19 00:00
Last estimates confirmation: 2018/09/27
Last earnings filing: 2018/09/17
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


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.