LSE:AGK

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Executive Summary

Aggreko Plc supplies modular, mobile power, heating, cooling, and related services worldwide. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Aggreko's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AGK is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: AGK's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of UK stocks.


Market Performance


7 Day Return

-3.3%

AGK

-2.3%

GB Commercial Services

0.2%

GB Market


1 Year Return

18.4%

AGK

-5.3%

GB Commercial Services

-0.2%

GB Market

Return vs Industry: AGK exceeded the UK Commercial Services industry which returned -8.4% over the past year.

Return vs Market: AGK exceeded the UK Market which returned -3.7% over the past year.


Shareholder returns

AGKIndustryMarket
7 Day-3.3%-2.3%0.2%
30 Day34.2%0.1%0.5%
90 Day40.5%4.8%6.3%
1 Year19.8%18.4%-1.8%-5.3%5.8%-0.2%
3 Year20.1%10.9%13.0%1.5%10.3%-2.9%
5 Year-7.7%-19.5%30.9%6.0%41.3%14.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AGK (£8.12) is trading below our estimate of fair value (£8.23)

Significantly Below Fair Value: AGK is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

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

PE vs Market: AGK 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 AGK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AGK is good value based on its PB Ratio (1.7x) compared to the GB Commercial Services industry average (2.2x).


Next Steps

Future Growth

How is Aggreko forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

36.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AGK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).

Earnings vs Market: AGK is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AGK's is expected to become profitable in the next 3 years.

Revenue vs Market: AGK's revenue (3.5% per year) is forecast to grow slower than the UK market (7.3% per year).

High Growth Revenue: AGK's revenue (3.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AGK's Return on Equity is forecast to be low in 3 years time (8.2%).


Next Steps

Past Performance

How has Aggreko performed over the past 5 years?

-18.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AGK is currently unprofitable.

Growing Profit Margin: AGK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AGK is unprofitable, and losses have increased over the past 5 years at a rate of 18.3% per year.

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

Earnings vs Industry: AGK is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-11.4%).


Return on Equity

High ROE: AGK has a negative Return on Equity (-4.76%), as it is currently unprofitable.


Next Steps

Financial Health

How is Aggreko's financial position?


Financial Position Analysis

Short Term Liabilities: AGK's short term assets (£912.0M) exceed its short term liabilities (£669.0M).

Long Term Liabilities: AGK's short term assets (£912.0M) exceed its long term liabilities (£465.0M).


Debt to Equity History and Analysis

Debt Level: AGK's debt to equity ratio (44%) is considered high.

Reducing Debt: AGK's debt to equity ratio has reduced from 49.8% to 44% over the past 5 years.

Debt Coverage: AGK's debt is well covered by operating cash flow (105.7%).

Interest Coverage: AGK is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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

2.87%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AGK's dividend (2.87%) is higher than the bottom 25% of dividend payers in the UK market (1.47%).

High Dividend: AGK's dividend (2.87%) is low compared to the top 25% of dividend payers in the UK market (4.51%).


Stability and Growth of Payments

Stable Dividend: AGK's dividend payments have been volatile in the past 10 years.

Growing Dividend: AGK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: AGK is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: AGK's dividends in 3 years are forecast to be covered by earnings (51% payout ratio).


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Chris Weston (56 yo)

6.08yrs

Tenure

UK£1,538,725

Compensation

Mr. Chris Weston has been the Chief Executive Officer of Aggreko plc since January 2, 2015. Mr. Weston served as Managing Director of British Gas Trading Limited until December 31, 2014. Mr. Weston was the...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD2.17M) is about average for companies of similar size in the UK market ($USD2.04M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Chris Weston
CEO & Director6.08yrsUK£1.54m0.035%
£ 723.0k
Heath Drewett
CFO & Director3.08yrsUK£900.43k0.0071%
£ 147.6k
Dan Ibbetson
Managing Director of Global Products & Technologyno datano datano data
Grant Nairn
Group Chief Information Officer3.25yrsno datano data
Simon Thomson
Group Legal Director & Company Secretary0.58yrno datano data
Ana Amicarella
Managing Director of Americas Power Projects7.08yrsno datano data
Stephen Beynon
President & MD of Power Solutions3.75yrsno datano data
Bruce Pool
President of Rental Solutions5.17yrsno datano data
Helen Middlemist
Deputy Company Secretaryno datano datano data

3.8yrs

Average Tenure

54yo

Average Age

Experienced Management: AGK's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chris Weston
CEO & Director6.08yrsUK£1.54m0.035%
£ 723.0k
Heath Drewett
CFO & Director3.08yrsUK£900.43k0.0071%
£ 147.6k
Kenneth Hanna
Independent Chairman8.83yrsUK£343.93k0.0062%
£ 127.9k
Barbara Jeremiah
Independent Non-Executive Director3.92yrsUK£82.76k0.00039%
£ 8.1k
Mark Clare
Non-Executive Director0.33yrno data0.0098%
£ 204.2k
Miles Roberts
Independent Non-Executive Director3.92yrsUK£61.00kno data
Ian Marchant
Independent Non-Executive Director7.25yrsUK£81.00k0.0033%
£ 68.0k
Uwe Krueger
Senior Independent Director2.83yrsno data0.0012%
£ 25.4k
Nicola Brewer
Independent Non-Executive Director5yrsUK£81.00k0.00057%
£ 11.9k
Sarah Kuijlaars
Independent Non-Executive Director1.33yrsUK£15.25k0.0012%
£ 24.5k

3.9yrs

Average Tenure

56yo

Average Age

Experienced Board: AGK's board of directors are considered experienced (3.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AGK 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.


Top Shareholders

Company Information

Aggreko Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aggreko Plc
  • Ticker: AGK
  • Exchange: LSE
  • Founded: 1962
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: UK£2.079b
  • Shares outstanding: 254.52m
  • Website: https://www.plc.aggreko.com

Number of Employees


Location

  • Aggreko Plc
  • 120 Bothwell Street
  • 8th Floor
  • Glasgow
  • Lanarkshire
  • G2 7JS
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ARGK.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDSep 1997
AGKLSE (London Stock Exchange)YesOrdinary SharesGBGBPSep 1997
4A4BDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 1997
AGKLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPSep 1997
AGGK.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDJul 2017

Biography

Aggreko Plc supplies modular, mobile power, heating, cooling, and related services worldwide. The company operates in three segments: Rental Solutions, Power Solutions Industrial, and Power Solutions Utili...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/25 19:36
End of Day Share Price2021/02/25 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.