Christie Group
Market Cap
UK£18.9m
Last Updated
2020/04/10 00:29 UTC
Data Sources
Company Financials
Executive Summary
Christie Group plc, together with its subsidiaries, provides professional business services for leisure, retail, and care sectors in Europe and internationally.
Rewards
Risk Analysis
+ 2 more risks
Snowflake Analysis
Slightly overvalued with questionable track record.
Share Price & News
How has Christie Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CTG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
5.7%
CTG
3.9%
GB Professional Services
8.6%
GB Market
1 Year Return
-25.6%
CTG
-1.0%
GB Professional Services
-19.4%
GB Market
Return vs Industry: CTG underperformed the UK Professional Services industry which returned -1% over the past year.
Return vs Market: CTG underperformed the UK Market which returned -19.4% over the past year.
Shareholder returns
| CTG | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.7% | 3.9% | 8.6% |
| 30 Day | -26.7% | -5.4% | -3.5% |
| 90 Day | -34.8% | -13.4% | -23.0% |
| 1 Year | -23.1%-25.6% | 1.3%-1.0% | -15.5%-19.4% |
| 3 Year | 2.4%-5.7% | 20.5%12.3% | -8.8%-19.9% |
| 5 Year | -42.6%-49.5% | 70.8%50.7% | 4.2%-19.0% |
Price Volatility Vs. Market
How volatile is Christie Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
How Does Christie Group's (LON:CTG) P/E Compare To Its Industry, After The Share Price Drop?1 month ago | Simply Wall St
Christie Group plc (LON:CTG) Is Employing Capital Very Effectively2 months ago | Simply Wall St
Introducing Christie Group (LON:CTG), A Stock That Climbed 48% In The Last Three YearsValuation
Is Christie Group undervalued compared to its fair value and its price relative to the market?
8.47x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CTG (£0.74) is trading above our estimate of fair value (£0.09)
Significantly Below Fair Value: CTG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CTG is good value based on its PE Ratio (8.5x) compared to the Professional Services industry average (15.8x).
PE vs Market: CTG is good value based on its PE Ratio (8.5x) compared to the UK market (13.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CTG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CTG has negative assets, so we can't compare its PB Ratio to the GB Professional Services industry average.
Next Steps
Future Growth
How is Christie Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
7.4%
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Christie Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of CTG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Christie Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
Past Performance
How has Christie Group performed over the past 5 years?
7.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTG has high quality earnings.
Growing Profit Margin: CTG's current net profit margins (3%) are lower than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: CTG's earnings have grown by 7.4% per year over the past 5 years.
Accelerating Growth: CTG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CTG had negative earnings growth (-33.7%) over the past year, making it difficult to compare to the Professional Services industry average (10.1%).
Return on Equity
High ROE: CTG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is Christie Group's financial position?
Financial Position Analysis
Short Term Liabilities: CTG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CTG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CTG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CTG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CTG's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: CTG's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Christie Group's current dividend yield, its reliability and sustainability?
4.05%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CTG's dividend (4.05%) is higher than the bottom 25% of dividend payers in the UK market (2.45%).
High Dividend: CTG's dividend (4.05%) is low compared to the top 25% of dividend payers in the UK market (6.57%).
Stability and Growth of Payments
Stable Dividend: CTG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CTG's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.3%), CTG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.9yrs
Average management tenure
CEO
David Rugg (65yo)
20.25s
Tenure
UK£571,000
Compensation
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 d ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD709.06K) is above average for companies of similar size in the UK market ($USD331.98K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 20.25yrs | UK£571.00k | 11.15% £2.1m | |
| Group Finance Director & Director | 2.58yrs | UK£233.00k | 0.49% £93.4k | |
| COO & Director | 10.08yrs | UK£348.00k | 0.29% £55.5k | |
| Executive Director | no data | UK£512.00k | 2.98% £564.5k | |
| Executive Director | 8.75yrs | UK£288.00k | 1.32% £250.0k | |
| Managing Director - Pinders | no data | no data | no data | |
| Head of Internal Audit & Group Company Secretary | 1.25yrs | no data | no data | |
| Head of Medical - Christie & Co and Director of Christie & Co | 6.92yrs | no data | no data | |
| Managing Director - Christie Insurance | no data | no data | no data |
6.9yrs
Average Tenure
60yo
Average Age
Experienced Management: CTG's management team is seasoned and experienced (6.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 20.25yrs | UK£571.00k | 11.15% £2.1m | |
| Group Finance Director & Director | 2.58yrs | UK£233.00k | 0.49% £93.4k | |
| COO & Director | 10.08yrs | UK£348.00k | 0.29% £55.5k | |
| Executive Director | no data | UK£512.00k | 2.98% £564.5k | |
| Executive Director | 8.75yrs | UK£288.00k | 1.32% £250.0k | |
| Head of Medical - Christie & Co and Director of Christie & Co | 6.92yrs | no data | no data | |
| Independent Non-Executive Director | 1.92yrs | UK£19.00k | 0.039% £7.4k | |
| Non-Executive Director | 2.58yrs | UK£30.00k | 4.01% £759.6k | |
| Non-Executive Director | 2.42yrs | UK£30.00k | no data |
2.6yrs
Average Tenure
53.5yo
Average Age
Experienced Board: CTG'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
Christie Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Christie Group plc
- Ticker: CTG
- Exchange: AIM
- Founded: 1846
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: UK£18.942m
- Shares outstanding: 25.60m
- Website: https://www.christiegroup.com
Number of Employees
Location
- Christie Group plc
- Whitefriars House
- 6 Carmelite Street
- London
- Greater London
- EC4Y 0BS
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CTG | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
Biography
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 & Financial Services; and Stock & Inventory Systems & Services. The Professional & Financial Services segment engages in valuing, buying, selling, developing, financing, and insuring various businesses; and providing business intelligence, business appraisal, and consultancy and agency services, as well as mortgage and insurance 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. Christie Group plc was founded in 1846 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/10 00:29 |
| End of Day Share Price | 2020/04/09 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.