De La Rue plc designs, manufactures, and delivers banknotes in the United Kingdom, the Middle East, Africa, Asia, the Americas, Rest of Europe, and internationally. More Details
Reasonable growth potential with adequate balance sheet.
Share Price & News
How has De La Rue's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DLAR is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: DLAR's weekly volatility (5%) has been stable over the past year.
7 Day Return
GB Commercial Services
1 Year Return
GB Commercial Services
Return vs Industry: DLAR exceeded the UK Commercial Services industry which returned 16.1% over the past year.
Return vs Market: DLAR exceeded the UK Market which returned 21.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is De La Rue's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StDe La Rue's(LON:DLAR) Share Price Is Down 71% Over The Past Five Years.
1 month ago | Simply Wall StCalculating The Intrinsic Value Of De La Rue plc (LON:DLAR)
2 months ago | Simply Wall StHow Many De La Rue plc (LON:DLAR) Shares Do Institutions Own?
Is De La Rue undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DLAR (£1.74) is trading above our estimate of fair value (£1.62)
Significantly Below Fair Value: DLAR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DLAR is poor value based on its PE Ratio (47.7x) compared to the UK Commercial Services industry average (43.6x).
PE vs Market: DLAR is poor value based on its PE Ratio (47.7x) compared to the UK market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: DLAR is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: DLAR is overvalued based on its PB Ratio (3.6x) compared to the GB Commercial Services industry average (2.5x).
How is De La Rue forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DLAR's forecast earnings growth (46.2% per year) is above the savings rate (0.9%).
Earnings vs Market: DLAR's earnings (46.2% per year) are forecast to grow faster than the UK market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DLAR's revenue (5.7% per year) is forecast to grow faster than the UK market (4.7% per year).
High Growth Revenue: DLAR's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DLAR's Return on Equity is forecast to be low in 3 years time (19.9%).
How has De La Rue performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DLAR has a large one-off loss of £22.6M impacting its March 27 2021 financial results.
Growing Profit Margin: DLAR's current net profit margins (1.6%) are lower than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: DLAR's earnings have declined by 15.5% per year over the past 5 years.
Accelerating Growth: DLAR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DLAR had negative earnings growth (-81.6%) over the past year, making it difficult to compare to the Commercial Services industry average (21.9%).
Return on Equity
High ROE: DLAR's Return on Equity (7.6%) is considered low.
How is De La Rue's financial position?
Financial Position Analysis
Short Term Liabilities: DLAR's short term assets (£201.6M) exceed its short term liabilities (£154.6M).
Long Term Liabilities: DLAR's short term assets (£201.6M) exceed its long term liabilities (£111.1M).
Debt to Equity History and Analysis
Debt Level: DLAR's debt to equity ratio (66.6%) is considered high.
Reducing Debt: DLAR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DLAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DLAR's interest payments on its debt are well covered by EBIT (6.2x coverage).
What is De La Rue current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DLAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DLAR'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 DLAR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DLAR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DLAR is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DLAR's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Clive Graham Vacher serves as Chief Executive Officer and Executive Director of De La Rue Plc since October 7, 2019. Mr. Vacher was the Chief Executive Officer, President at Dynex Power Inc. Mr. Vacher...
CEO Compensation Analysis
Compensation vs Market: Clive's total compensation ($USD713.15K) is about average for companies of similar size in the UK market ($USD724.11K).
Compensation vs Earnings: Insufficient data to compare Clive's compensation with company performance.
Experienced Management: DLAR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: DLAR's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
De La Rue plc's company bio, employee growth, exchange listings and data sources
- Name: De La Rue plc
- Ticker: DLAR
- Exchange: LSE
- Founded: 1813
- Industry: Commercial Printing
- Sector: Commercial Services
- Market Cap: UK£339.924m
- Shares outstanding: 195.13m
- Website: https://www.delarue.com
Number of Employees
- De La Rue plc
- De La Rue House
- Jays Close
- RG22 4BS
- United Kingdom
De La Rue plc designs, manufactures, and delivers banknotes in the United Kingdom, the Middle East, Africa, Asia, the Americas, Rest of Europe, and internationally. The company offers printed banknotes, po...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/04 21:49|
|End of Day Share Price||2021/08/04 00:00|
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.