Market Cap
UK£11.2m
Last Updated
2021/01/15 18:35 UTC
Data Sources
Company Financials
Executive Summary
AIREA plc, together with its subsidiaries, manufactures, markets, and distributes floor coverings in the United Kingdom, the Republic of Ireland, rest of Europe, North America, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and good value.
Share Price & News
How has AIREA's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AIEA is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: AIEA's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-9.4%
AIEA
-4.2%
GB Consumer Durables
-0.7%
GB Market
1 Year Return
-33.3%
AIEA
-16.4%
GB Consumer Durables
-7.7%
GB Market
Return vs Industry: AIEA underperformed the UK Consumer Durables industry which returned -16.4% over the past year.
Return vs Market: AIEA underperformed the UK Market which returned -7.7% over the past year.
Shareholder returns
| AIEA | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.4% | -4.2% | -0.7% |
| 30 Day | -12.1% | 1.8% | 4.5% |
| 90 Day | 7.4% | 20.5% | 15.6% |
| 1 Year | -33.3%-33.3% | -15.1%-16.4% | -3.9%-7.7% |
| 3 Year | 10.5%-6.5% | 9.3%-5.3% | 4.7%-8.1% |
| 5 Year | 124.2%73.1% | 44.9%13.6% | 49.0%15.2% |
Long-Term Price Volatility Vs. Market
How volatile is AIREA's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Our Take On The Returns On Capital At AIREA (LON:AIEA)2 months ago | Simply Wall St
Does AIREA (LON:AIEA) Have A Healthy Balance Sheet?Valuation
Is AIREA 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: AIEA (£0.29) is trading below our estimate of fair value (£1.64)
Significantly Below Fair Value: AIEA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AIEA is poor value based on its PE Ratio (19.1x) compared to the GB Consumer Durables industry average (18.8x).
PE vs Market: AIEA is good value based on its PE Ratio (19.1x) compared to the UK market (23x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AIEA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AIEA is good value based on its PB Ratio (1x) compared to the GB Consumer Durables industry average (1.4x).
Next Steps
Future Growth
How is AIREA forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
23.4%
Forecasted Consumer Durables 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 AIREA 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
- Examine whether AIREA is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- AIREA competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has AIREA performed over the past 5 years?
15.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AIEA has a large one-off gain of £200.0K impacting its June 30 2020 financial results.
Growing Profit Margin: AIEA's current net profit margins (3.3%) are lower than last year (15.8%).
Past Earnings Growth Analysis
Earnings Trend: AIEA's earnings have grown by 15.9% per year over the past 5 years.
Accelerating Growth: AIEA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AIEA had negative earnings growth (-80.7%) over the past year, making it difficult to compare to the Consumer Durables industry average (-45.3%).
Return on Equity
High ROE: AIEA's Return on Equity (5.2%) is considered low.
Next Steps
Financial Health
How is AIREA's financial position?
Financial Position Analysis
Short Term Liabilities: AIEA's short term assets (£13.1M) exceed its short term liabilities (£3.6M).
Long Term Liabilities: AIEA's short term assets (£13.1M) exceed its long term liabilities (£9.0M).
Debt to Equity History and Analysis
Debt Level: AIEA's debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AIEA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AIEA's debt is well covered by operating cash flow (95.3%).
Interest Coverage: AIEA's interest payments on its debt are well covered by EBIT (19.5x coverage).
Balance Sheet
Next Steps
Dividend
What is AIREA current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AIEA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AIEA'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 AIEA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AIEA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AIEA is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AIEA'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?
11.2yrs
Average board tenure
CEO
Neil Rylance (63 yo)
12.58yrs
Tenure
UK£276,000
Compensation
Mr. Neil Rylance has been the Chief Executive Officer of AIREA plc., since June 13, 2008. Mr. Rylance joined AIREA plc., as Managing Director of the Group's floor coverings business on June 2, 2008. He ser...
CEO Compensation Analysis
Compensation vs Market: Neil's total compensation ($USD375.16K) is about average for companies of similar size in the UK market ($USD338.20K).
Compensation vs Earnings: Neil's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 12.58yrs | UK£276.00k | no data | |
| Group Finance Director | 2.5yrs | UK£127.00k | no data | |
| Independent Non-Executive Chairman | 11.17yrs | UK£52.00k | 5.44% £ 609.1k |
11.2yrs
Average Tenure
63yo
Average Age
Experienced Board: AIEA's board of directors are seasoned and experienced ( 11.2 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
AIREA plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: AIREA plc
- Ticker: AIEA
- Exchange: AIM
- Founded: 1953
- Industry: Home Furnishings
- Sector: Consumer Durables
- Market Cap: UK£11.187m
- Shares outstanding: 38.58m
- Website: https://www.aireaplc.com
Number of Employees
Location
- AIREA plc
- Victoria Mills
- The Green
- Ossett
- West Yorkshire
- WF5 0AN
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AIEA | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
Biography
AIREA plc, together with its subsidiaries, manufactures, markets, and distributes floor coverings in the United Kingdom, the Republic of Ireland, rest of Europe, North America, and internationally. The com...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 18:35 |
| End of Day Share Price | 2021/01/14 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.