Market Cap
UK£34.7m
Last Updated
2020/01/22 22:27 UTC
Data Sources
Company Financials +
Executive Summary
GYG plc operates as a superyacht painting, supply, and maintenance company worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has GYG's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GYG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
6.4%
GYG
0.9%
GB Commercial Services
-0.5%
GB Market
1 Year Return
69.3%
GYG
28.8%
GB Commercial Services
12.4%
GB Market
Return vs Industry: GYG exceeded the UK Commercial Services industry which returned 26.8% over the past year.
Return vs Market: GYG exceeded the UK Market which returned 12.7% over the past year.
Shareholder returns
| GYG | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.4% | 0.9% | -0.5% |
| 30 Day | 17.3% | 1.2% | 0.2% |
| 90 Day | 29.6% | 8.8% | 6.0% |
| 1 Year | 69.3%69.3% | 32.6%28.8% | 18.3%12.4% |
| 3 Year | n/a | 28.8%17.9% | 22.6%6.9% |
| 5 Year | n/a | 45.4%22.0% | 40.9%8.3% |
Price Volatility Vs. Market
How volatile is GYG's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Calculating The Fair Value Of GYG plc (LON:GYG)2 months ago | Simply Wall St
We Think GYG (LON:GYG) Has A Fair Chunk Of Debt7 months ago | Simply Wall St
Is GYG plc's (LON:GYG) Balance Sheet A Threat To Its Future?Valuation
Is GYG undervalued compared to its fair value and its price relative to the market?
1.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GYG (£0.7) is trading below our estimate of fair value (£0.77)
Significantly Below Fair Value: GYG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: GYG is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.
PE vs Market: GYG 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 GYG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GYG is overvalued based on its PB Ratio (3x) compared to the GB Commercial Services industry average (2x).
Next Steps
Future Growth
How is GYG forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
96.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GYG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).
Earnings vs Market: GYG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GYG's is expected to become profitable in the next 3 years.
Revenue vs Market: GYG's revenue (9.9% per year) is forecast to grow faster than the UK market (3.6% per year).
High Growth Revenue: GYG's revenue (9.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GYG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has GYG performed over the past 5 years?
-69.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GYG is currently unprofitable.
Growing Profit Margin: GYG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GYG is unprofitable, and losses have increased over the past 5 years at a rate of -69.6% per year.
Accelerating Growth: Unable to compare GYG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GYG is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (16.1%).
Return on Equity
High ROE: GYG has a negative Return on Equity (-15.3%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is GYG's financial position?
Financial Position Analysis
Short Term Liabilities: GYG's short term assets (€14.6M) do not cover its short term liabilities (€22.9M).
Long Term Liabilities: GYG's short term assets (€14.6M) exceed its long term liabilities (€11.0M).
Debt to Equity History and Analysis
Debt Level: GYG's debt to equity ratio (66.4%) is considered high.
Reducing Debt: Insufficient data to determine if GYG's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Inventory Level: GYG has a high level of physical assets or inventory.
Debt Coverage by Assets: GYG's debt is covered by short term assets (assets are 1.7x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GYG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GYG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.7% per year.
Next Steps
Dividend
What is GYG's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GYG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GYG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GYG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GYG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GYG is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GYG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
What is the CEO of GYG's salary, the management and board of directors tenure and is there insider trading?
2.5yrs
Average board tenure
CEO
Remy Millott (54yo)
0yrs
Tenure
€257,980
Compensation
Mr. Remy Millott serves as the Chief Executive Officer of Global Yachting Group. He has been Executive Director at GYG plc since March 3, 2016 and also serves as its Chief Executive Officer. Mr. Millott h ...
CEO Compensation Analysis
Compensation vs Market: Remy's total compensation ($USD287.00K) is about average for companies of similar size in the UK market ($USD326.78K).
Compensation vs Earnings: Remy's compensation has been consistent with company performance over the past year.
Board Age and Tenure
2.5yrs
Average Tenure
54yo
Average Age
Experienced Board: GYG's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Senior Key Executive Managing Director of USA |
| Shares | 199,000 |
| Max Price | UK£0.50 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Remy Millott (54yo)
CEO & Director
- Compensation: €257.98k
Peter Brown (53yo)
Managing Director of USA
Kevin McNair (52yo)
CFO & Executive Director
- Tenure: 0.3yrs
Rupert Savage (48yo)
Sales & Commercial Director and Director
- Tenure: 3.8yrs
- Compensation: €231.60k
Sue Steven
Company Secretary
Andrew Clemence (56yo)
Marketing Director
- Tenure: 1yrs
Raúl Galan
Chief Operating Officer
- Tenure: 1.3yrs
Board Members
Stephen T. Murphy (63yo)
Independent Non-Executive Chairman
- Tenure: 2.5yrs
- Compensation: €100.00k
Richard King (63yo)
Independent Non-Executive Director
- Tenure: 2.5yrs
- Compensation: €50.00k
Remy Millott (54yo)
CEO & Director
- Compensation: €257.98k
Kevin McNair (52yo)
CFO & Executive Director
- Tenure: 0.3yrs
Rupert Savage (48yo)
Sales & Commercial Director and Director
- Tenure: 3.8yrs
- Compensation: €231.60k
Company Information
GYG plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: GYG plc
- Ticker: GYG
- Exchange: AIM
- Founded: 1977
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: UK£34.747m
- Shares outstanding: 46.64m
- Website: https://www.gygplc.com
Number of Employees
Location
- GYG plc
- Global Building
- Muelle Viejo
- Palma
- Balearic Islands
- 7012
- Spain
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GYG | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Jul 2017 |
Biography
GYG plc operates as a superyacht painting, supply, and maintenance company worldwide. It operates in two segments, Coatings and Supply. The company offers painting and other finishing services to yachts and superyachts. It is also involved in fairing and painting of superyachts; repainting and finishing of superyachts as part of a refitting program; and selling and delivering maintenance materials, consumables, spare parts, and equipment for the care and operation of superyachts. In addition, the company offers its products and services primarily under the Pinmar, Pinmar Supply, Rolling Stock, ACA Marine, and Technocraft. The company was formerly known as Global Yachting Group Limited and changed its name to GYG plc in May 2017. GYG plc was founded in 1977 and is headquartered in Palma, Spain.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/22 22:27 |
| End of Day Share Price | 2020/01/22 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.