Elixirr International (AIM:ELIX) - Share price, News & Analysis

Q: What is the Fair Price of ELIX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ELIX (£6.3) is trading below our estimate of [[fair value]] (£11.07)

ELIX fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

ELIX Stock Overview

Elixirr International plc, through its subsidiaries, provides management consultancy services in the United Kingdom, the United States, and internationally.

Rewards

Trading at 43.1% below our estimate of its fair value

Earnings are forecast to grow 14.47% per year

Earnings grew by 111.6% over the past year

Risk Analysis

Significant insider selling over the past 3 months

Elixirr International Competitors

Gateley (Holdings)

AIM:GTLY

UK£241.3m

Ricardo

LSE:RCDO

UK£230.1m

Begbies Traynor Group

AIM:BEG

UK£226.0m

Wilmington

LSE:WIL

UK£208.9m

Price History & Performance

Summary of all time highs, changes and price drops for Elixirr International
Historical stock prices
Current Share Price	UK£6.30
52 Week High	UK£7.80
52 Week Low	UK£4.80
Beta	0
1 Month Change	-8.36%
3 Month Change	-10.00%
1 Year Change	11.50%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	194.39%

Shareholder Returns

	ELIX	GB Professional Services	GB Market
7D	-3.1%	4.6%	2.3%
1Y	11.5%	-5.0%	-8.6%

Return vs Industry: ELIX exceeded the UK Professional Services industry which returned -5% over the past year.

Return vs Market: ELIX exceeded the UK Market which returned -8.6% over the past year.

Price Volatility

Is ELIX's price volatile compared to industry and market?
ELIX volatility
ELIX Average Weekly Movement	5.4%
Professional Services Industry Average Movement	4.6%
Market Average Movement	5.5%
10% most volatile stocks in GB Market	10.8%
10% least volatile stocks in GB Market	2.8%

Stable Share Price: ELIX is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ELIX's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2009	225	Stephen Newton	https://www.elixirr.com

Elixirr International plc, through its subsidiaries, provides management consultancy services in the United Kingdom, the United States, and internationally. It offers creative, marketing, and self-funded transformation services. The company offers its services for various industries, such as automotive and transportation, manufacturing, business and financial services, charities, energy, utilities and resources, healthcare and pharmaceuticals, insurance, luxury and fashion, travel and leisure, telecommunications, technology, retail and consumer goods, private equity, media, and entertainment and sports industries.

Elixirr International Fundamentals Summary

How do Elixirr International's earnings and revenue compare to its market cap?
ELIX fundamental statistics
Market Cap	UK£293.28m
Earnings (TTM)	UK£10.14m
Revenue (TTM)	UK£50.61m

28.7x

P/E Ratio

5.7x

P/S Ratio

Is ELIX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELIX income statement (TTM)
Revenue	UK£50.61m
Cost of Revenue	UK£32.91m
Gross Profit	UK£17.70m
Other Expenses	UK£7.55m
Earnings	UK£10.14m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.22
Gross Margin	34.97%
Net Profit Margin	20.04%
Debt/Equity Ratio	0%

How did ELIX perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

19%

Payout Ratio

Does ELIX pay a reliable dividends?

See ELIX dividend history and benchmarks

When do you need to buy ELIX by to receive an upcoming dividend?
Elixirr International dividend dates
Ex Dividend Date	Jul 14 2022
Dividend Pay Date	Aug 12 2022
Days until Ex dividend	16 days
Days until Dividend pay date	45 days

Does ELIX pay a reliable dividends?

See ELIX dividend history and benchmarks

We’ve recently updated our valuation analysis.

Valuation

Is ELIX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ELIX?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for ELIX. This is calculated by dividing ELIX's market cap by their current preferred multiple.
What is ELIX's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	UK£293.28m

ELIX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	5.3x
Enterprise Value/EBITDA	19x
PEG Ratio	2x

Price to Earnings Ratio vs Peers

How does ELIX's PE Ratio compare to its peers?

ELIX PE Ratio vs Peers

The above table shows the PE ratio for ELIX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	403.5x
GTLY Gateley (Holdings)	16.8x	7.1%	UK£241.3m
RCDO Ricardo	34.4x	28.0%	UK£230.1m
BEG Begbies Traynor Group	1563.8x	82.0%	UK£226.0m
WIL Wilmington	15x	n/a	UK£208.9m
ELIX Elixirr International	28.7x	14.5%	UK£291.0m

Forward PE

Price-To-Earnings vs Peers: ELIX is good value based on its Price-To-Earnings Ratio (28.7x) compared to the peer average (407.5x).

Price to Earnings Ratio vs Industry

How does ELIX's PE Ratio compare vs other companies in the GB Professional Services Industry?

Price-To-Earnings vs Industry: ELIX is expensive based on its Price-To-Earnings Ratio (28.7x) compared to the UK Professional Services industry average (23.6x)

Price to Earnings Ratio vs Fair Ratio

What is ELIX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ELIX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	28.7x
Fair PE Ratio	23.2x

Price-To-Earnings vs Fair Ratio: ELIX is expensive based on its Price-To-Earnings Ratio (28.7x) compared to the estimated Fair Price-To-Earnings Ratio (23.2x).

Share Price vs Fair Value

What is the Fair Price of ELIX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ELIX (£6.3) is trading below our estimate of fair value (£11.07)

Significantly Below Fair Value: ELIX is trading below fair value by more than 20%.

Price to Earnings Growth Ratio

PEG Ratio: ELIX is poor value based on its PEG Ratio (2x)

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Future Growth

How is Elixirr International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

14.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ELIX's forecast earnings growth (14.5% per year) is above the savings rate (0.9%).

Earnings vs Market: ELIX's earnings (14.5% per year) are forecast to grow faster than the UK market (11% per year).

High Growth Earnings: ELIX's earnings are forecast to grow, but not significantly.

Revenue vs Market: ELIX's revenue (16.7% per year) is forecast to grow faster than the UK market (4.1% per year).

High Growth Revenue: ELIX's revenue (16.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ELIX's Return on Equity is forecast to be low in 3 years time (12.9%).

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Past Performance

How has Elixirr International performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

111.6%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: ELIX has high quality earnings.

Growing Profit Margin: ELIX's current net profit margins (20%) are higher than last year (15.8%).

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if ELIX's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare ELIX's past year earnings growth to its 5-year average.

Earnings vs Industry: ELIX earnings growth over the past year (111.6%) exceeded the Professional Services industry 46.1%.

Return on Equity

High ROE: ELIX's Return on Equity (11.8%) is considered low.

Discover strong past performing companies

Financial Health

How is Elixirr International's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: ELIX's short term assets (£38.8M) exceed its short term liabilities (£14.1M).

Long Term Liabilities: ELIX's short term assets (£38.8M) exceed its long term liabilities (£7.0M).

Debt to Equity History and Analysis

Debt Level: ELIX is debt free.

Reducing Debt: ELIX had no debt 5 years ago.

Debt Coverage: ELIX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ELIX has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Dividend

What is Elixirr International current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.65%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: ELIX's dividend (0.65%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.88%).

High Dividend: ELIX's dividend (0.65%) is low compared to the top 25% of dividend payers in the UK market (5.18%).

Stability and Growth of Payments

Stable Dividend: ELIX is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.

Growing Dividend: ELIX is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.

Earnings Payout to Shareholders

Earnings Coverage: ELIX is not paying a notable dividend for the UK market.

Cash Payout to Shareholders

Cash Flow Coverage: ELIX is not paying a notable dividend for the UK market.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure

CEO

Stephen Newton

no data

Tenure

UK£1,658,000

Compensation

Mr. Stephen Newton is a Founder of Elixirr Consulting Limited and serves as its Chief Executive Officer. Mr. Newton is Founder and Managing Partner at Elix-IRR Partners LLP. He is Chief Executive Officer a...

CEO Compensation Analysis

Compensation vs Market: Stephen's total compensation ($USD2.04M) is above average for companies of similar size in the UK market ($USD1.02M).

Compensation vs Earnings: Stephen's compensation has increased by more than 20% in the past year.

Leadership Team

Experienced Management: ELIX's management team is considered experienced (4.3 years average tenure).

Board Members

Experienced Board: ELIX's board of directors are not considered experienced ( 1.9 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: ELIX 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.

Data	Last Updated (UTC time)
Company Analysis	2022/06/27 00:00
End of Day Share Price	2022/06/27 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31