AIM:FLTA

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Filta Group Holdings plc, through its subsidiaries, franchises on-site environmental kitchen solutions in North America, the United Kingdom, and Europe. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Filta Group Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FLTA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.2%

FLTA

-1.3%

GB Commercial Services

-1.0%

GB Market


1 Year Return

-59.0%

FLTA

-10.7%

GB Commercial Services

-14.8%

GB Market

Return vs Industry: FLTA underperformed the UK Commercial Services industry which returned -10.6% over the past year.

Return vs Market: FLTA underperformed the UK Market which returned -14.5% over the past year.


Shareholder returns

FLTAIndustryMarket
7 Day-5.2%-1.3%-1.0%
30 Day-15.9%-0.6%-1.6%
90 Day-16.8%-1.2%-3.6%
1 Year-59.0%-59.0%-7.3%-10.7%-11.6%-14.8%
3 Year-50.3%-51.0%-9.6%-19.1%-8.9%-20.2%
5 Yearn/a24.1%0.2%16.2%-10.0%

Price Volatility Vs. Market

How volatile is Filta Group Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Filta Group Holdings undervalued compared to its fair value and its price relative to the market?

2.98x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: FLTA (£0.82) is trading above our estimate of fair value (£0.09)

Significantly Below Fair Value: FLTA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FLTA is unprofitable, so we can't compare its PE Ratio to the GB Commercial Services industry average.

PE vs Market: FLTA is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FLTA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FLTA is overvalued based on its PB Ratio (3x) compared to the GB Commercial Services industry average (1.7x).


Next Steps

Future Growth

How is Filta Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.5%

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 Filta Group Holdings 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

Past Performance

How has Filta Group Holdings performed over the past 5 years?

8.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FLTA is currently unprofitable.

Growing Profit Margin: FLTA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FLTA is unprofitable, but has reduced losses over the past 5 years at a rate of 8.1% per year.

Accelerating Growth: Unable to compare FLTA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FLTA is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (0.2%).


Return on Equity

High ROE: FLTA has a negative Return on Equity (-10.74%), as it is currently unprofitable.


Next Steps

Financial Health

How is Filta Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: FLTA's short term assets (£8.3M) exceed its short term liabilities (£4.5M).

Long Term Liabilities: FLTA's short term assets (£8.3M) exceed its long term liabilities (£7.6M).


Debt to Equity History and Analysis

Debt Level: FLTA's debt to equity ratio (48.4%) is considered high.

Reducing Debt: FLTA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: FLTA's debt is well covered by operating cash flow (26.5%).

Interest Coverage: Insufficient data to determine if FLTA's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FLTA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FLTA'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 FLTA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FLTA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: FLTA is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FLTA'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?

4.3yrs

Average board tenure


CEO

Jason Sayers (49 yo)

no data

Tenure

UK£215,346

Compensation

Mr. Jason Charles Sayers is the Founder and Chief Executive Officer of Xenerga, Inc. Mr. Sayers serves as the Group Chief Executive Officer at Filta Group Holdings plc and has been its Executive Director s ...


CEO Compensation Analysis

Compensation vs Market: Jason's total compensation ($USD279.08K) is about average for companies of similar size in the UK market ($USD356.88K).

Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Jason Sayers
Group CEO & Executive Directorno dataUK£215.35k12.68%
£ 3.0m
Brian Hogan
Group CFO & Executive Director4.33yrsUK£141.65kno data
Victor Clewes
Executive Director4.33yrsUK£120.60k15.67%
£ 3.7m
Jlubomir Urosevic
Corporate Development Director of UK & Executive Director4.33yrsUK£47.57k4.67%
£ 1.1m
Graham Woolfman
Independent Non-Executive Director4.33yrsUK£30.00k0.062%
£ 14.8k
Timothy Worlledge
Independent Non-Executive Chairmanno dataUK£45.00k0.19%
£ 46.5k
Roy Sayers
Non-Executive Director4.58yrsUK£32.44k6.06%
£ 1.4m
Lloyd Martin
Independent Non-Executive Director1.67yrsUK£26.25k0.018%
£ 4.3k

4.3yrs

Average Tenure

64yo

Average Age

Experienced Board: FLTA's board of directors are considered experienced (4.3 years average tenure).


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

Filta Group Holdings plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Filta Group Holdings plc
  • Ticker: FLTA
  • Exchange: AIM
  • Founded: 2016
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: UK£23.850m
  • Shares outstanding: 29.09m
  • Website: https://www.filtaplc.com

Number of Employees


Location

  • Filta Group Holdings plc
  • The Locks
  • Hillmorton
  • Warwickshire
  • West Midlands
  • CV21 4PP
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FLTAAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPNov 2016

Biography

Filta Group Holdings plc, through its subsidiaries, franchises on-site environmental kitchen solutions in North America, the United Kingdom, and Europe. The company offers FiltaFry, which provides fryer ma ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 21:27
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.