AIM:GYG

Stock Analysis Report

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Executive Summary

GYG plc operates as a superyacht painting, supply, and maintenance company worldwide. More Details


Snowflake Analysis

Reasonable growth potential and slightly overvalued.

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 is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: GYG's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

12.2%

GYG

0.07%

GB Commercial Services

-0.5%

GB Market


1 Year Return

2.6%

GYG

-13.0%

GB Commercial Services

-8.2%

GB Market

Return vs Industry: GYG exceeded the UK Commercial Services industry which returned -13% over the past year.

Return vs Market: GYG exceeded the UK Market which returned -8.2% over the past year.


Shareholder returns

GYGIndustryMarket
7 Day12.2%0.07%-0.5%
30 Day12.2%0.9%2.9%
90 Day12.2%7.4%15.2%
1 Year2.6%2.6%-10.0%-13.0%-4.5%-8.2%
3 Year-38.6%-40.0%1.9%-8.5%3.7%-9.0%
5 Yearn/a33.7%8.0%42.1%14.4%

Long-Term 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

Valuation

Is GYG undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GYG (£0.78) is trading below our estimate of fair value (£1.62)

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


Price To Earnings Ratio

PE vs Industry: GYG is poor value based on its PE Ratio (219.6x) compared to the GB Commercial Services industry average (38.9x).

PE vs Market: GYG is poor value based on its PE Ratio (219.6x) compared to the UK market (22.9x).


Price to Earnings Growth Ratio

PEG Ratio: GYG is poor value based on its PEG Ratio (3.5x)


Price to Book Ratio

PB vs Industry: GYG is overvalued based on its PB Ratio (3.2x) compared to the GB Commercial Services industry average (2.1x).


Next Steps

Future Growth

How is GYG forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

61.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GYG's forecast earnings growth (61.9% per year) is above the savings rate (1%).

Earnings vs Market: GYG's earnings (61.9% per year) are forecast to grow faster than the UK market (25.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GYG's revenue (8.6% per year) is forecast to grow faster than the UK market (6.6% per year).

High Growth Revenue: GYG's revenue (8.6% 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?

-8.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GYG has a large one-off loss of €446.0K impacting its June 30 2020 financial results.

Growing Profit Margin: GYG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: GYG has become profitable over the past 5 years, growing earnings by -8.3% per year.

Accelerating Growth: GYG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GYG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (-11.4%).


Return on Equity

High ROE: GYG's Return on Equity (1.4%) is considered low.


Next Steps

Financial Health

How is GYG's financial position?


Financial Position Analysis

Short Term Liabilities: GYG's short term assets (€17.6M) do not cover its short term liabilities (€30.0M).

Long Term Liabilities: GYG's short term assets (€17.6M) exceed its long term liabilities (€5.1M).


Debt to Equity History and Analysis

Debt Level: GYG's debt to equity ratio (81.8%) is considered high.

Reducing Debt: GYG's debt to equity ratio has reduced from 88.2% to 81.8% over the past 5 years.

Debt Coverage: GYG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: GYG's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Next Steps

Dividend

What is GYG current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate GYG'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 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

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

3.5yrs

Average board tenure


CEO

Remy Millott (55 yo)

no data

Tenure

€379,000

Compensation

Mr. Remy Millott serves as the Chief Executive Officer of Global Yachting Group. Mr. Millott has been an Executive Director at GYG plc since March 3, 2016 and also serves as its Chief Executive Officer. M...


CEO Compensation Analysis

Compensation vs Market: Remy's total compensation ($USD461.35K) is above average for companies of similar size in the UK market ($USD335.68K).

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


Board Members

NamePositionTenureCompensationOwnership
Remy Millott
CEO & Executive Directorno data€379.00k7.01%
€ 2.6m
Kevin McNair
CFO & Executive Director1.33yrs€235.64k0.086%
€ 31.2k
Rupert Savage
Sales & Commercial Director and Executive Director4.83yrs€332.60k5.83%
€ 2.1m
Stephen T. Murphy
Independent Non-Executive Chairman3.5yrs€113.89k0.51%
€ 187.2k
Richard King
Independent Non-Executive Director3.5yrs€57.00k0.28%
€ 101.4k

3.5yrs

Average Tenure

55yo

Average Age

Experienced Board: GYG's board of directors are considered experienced (3.5 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

GYG plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GYG plc
  • Ticker: GYG
  • Exchange: AIM
  • Founded: 1975
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: UK£36.379m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GYGAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJul 2017

Biography

GYG plc operates as a superyacht painting, supply, and maintenance company worldwide. It operates through two segments, Coatings and Supply. The company offers painting and other finishing services to yach...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 20:51
End of Day Share Price2021/01/22 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.