AIM:CFX

Stock Analysis Report

Executive Summary

Colefax Group PLC, together with its subsidiaries, engages in the design, marketing, distribution, and retailing of furnishing fabrics, wallpapers, trimmings, upholstered furniture, and related products in the United Kingdom, the United States, Europe, and internationally.

Snowflake

Fundamentals

Flawless balance sheet and good value.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

CFX

3.1%

GB Consumer Durables

0.2%

GB Market


1 Year Return

-25.5%

CFX

19.2%

GB Consumer Durables

1.7%

GB Market

Return vs Industry: CFX underperformed the UK Consumer Durables industry which returned 19.2% over the past year.

Return vs Market: CFX underperformed the UK Market which returned 1.7% over the past year.


Shareholder returns

CFXIndustryMarket
7 Day0%3.1%0.2%
30 Day0%6.1%-1.7%
90 Day-19.6%11.0%-3.1%
1 Year-24.7%-25.5%27.6%19.2%6.7%1.7%
3 Year-15.6%-18.0%68.5%39.7%17.7%3.1%
5 Year18.9%13.1%130.1%72.1%36.1%5.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

13.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CFX (£4.1) is trading below our estimate of fair value (£4.75)

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


Price To Earnings Ratio

PE vs Industry: CFX is good value based on its PE Ratio (10.4x) compared to the Consumer Durables industry average (10.7x).

PE vs Market: CFX is good value based on its PE Ratio (10.4x) compared to the UK market (16.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CFX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CFX is good value based on its PB Ratio (1.4x) compared to the GB Consumer Durables industry average (1.4x).


Next Steps

Future Growth

How is Colefax Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

0.7%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if CFX's forecast earnings growth is above the savings rate (1.2%).

Earnings vs Market: Insufficient data to determine if CFX's earnings are forecast to grow faster than the UK market

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

Revenue vs Market: CFX's revenue (0.7% per year) is forecast to grow slower than the UK market (3.9% per year).

High Growth Revenue: CFX's revenue (0.7% 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 CFX's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Colefax Group performed over the past 5 years?

2.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CFX's earnings have grown by 2.5% per year over the past 5 years.

Accelerating Growth: CFX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CFX had negative earnings growth (-0.05%) over the past year, making it difficult to compare to the Consumer Durables industry average (5%).


Return on Equity

High ROE: CFX's Return on Equity (14.5%) is considered low.


Return on Assets

ROA vs Industry: CFX's Return on Assets is below or equal to the Consumer Durables industry average last year.


Return on Capital Employed

ROCE Improving: CFX has not improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Colefax Group's financial position?


Financial Position Analysis

Short Term Liabilities: CFX's short term assets (£35.6M) exceeds its short term liabilities (£15.5M)

Long Term Liabilities: CFX's short term assets (35.6M) exceeds its long term liabilities (2.0M)


Debt to Equity History and Analysis

Debt Level: CFX is debt free.

Reducing Debt: CFX has no debt compared to 5 years ago when its debt to equity ratio was 1.1%.

Debt Coverage: CFX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CFX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: CFX has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CFX's debt is covered by short term assets.


Next Steps

Dividend

What is Colefax Group's current dividend yield, its reliability and sustainability?

1.27%

Current Dividend Yield


Dividend Yield vs Market

company1.3%marketbottom25%2.0%markettop25%5.4%industryaverage6.1%forecastin3Years1.3%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: CFX's dividend (1.27%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.99%).

High Dividend: CFX's dividend (1.27%) is low compared to the top 25% of dividend payers in the UK market (5.37%).

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.2%), CFX's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CFX's dividends in 3 years are forecast to be thoroughly covered by earnings (14.6% payout ratio).


Next Steps

Management

What is the CEO of Colefax Group's salary, the management and board of directors tenure and is there insider trading?

25.5yrs

Average management tenure


CEO

David Green (73yo)

33.8yrs

Tenure

UK£677,000

Compensation

Mr. David B. Green has been the Chairman and Chief Executive Officer of Colefax Group PLC since 1996 and 1986 respectively. Mr. Green served as a Non-Executive Director of Carlton Communications PLC since  ...


CEO Compensation Analysis

Compensation vs. Market: David's total compensation ($USD876.87K) is about average for companies of similar size in the UK market ($USD318.91K).

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


Management Age and Tenure

25.5yrs

Average Tenure

63yo

Average Age

Experienced Management: CFX's management team is seasoned and experienced (25.5 years average tenure).


Board Age and Tenure

25.7yrs

Average Tenure

71yo

Average Age

Experienced Board: CFX's board of directors are seasoned and experienced ( 25.7 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • David Green (73yo)

    Chairman & CEO

    • Tenure: 33.8yrs
    • Compensation: UK£677.00k
  • Wendy Nicholls (71yo)

    Decorating MD & Director

    • Tenure: 25.8yrs
    • Compensation: UK£247.00k
  • Rob Barker (55yo)

    Group Finance Director

    • Tenure: 0yrs
    • Compensation: UK£226.00k
  • Key Hall (53yo)

    CEO of USA & Director

    • Tenure: 25.8yrs
    • Compensation: UK£360.00k

Board Members

  • Alan K. Smith (78yo)

    Non Executive Director

    • Tenure: 25.7yrs
    • Compensation: UK£24.00k
  • David Green (73yo)

    Chairman & CEO

    • Tenure: 33.8yrs
    • Compensation: UK£677.00k
  • Wendy Nicholls (71yo)

    Decorating MD & Director

    • Tenure: 25.8yrs
    • Compensation: UK£247.00k
  • Rob Barker (55yo)

    Group Finance Director

    • Tenure: 0yrs
    • Compensation: UK£226.00k
  • Key Hall (53yo)

    CEO of USA & Director

    • Tenure: 25.8yrs
    • Compensation: UK£360.00k

Company Information

Colefax Group PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Colefax Group PLC
  • Ticker: CFX
  • Exchange: AIM
  • Founded: 1933
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Market Cap: UK£37.212m
  • Shares outstanding: 8.96m
  • Website: https://www.colefaxgroupplc.com

Number of Employees


Location

  • Colefax Group PLC
  • 19/23 Grosvenor Hill
  • London
  • Greater London
  • W1K 3QD
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CFXAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJul 1988

Biography

Colefax Group PLC, together with its subsidiaries, engages in the design, marketing, distribution, and retailing of furnishing fabrics, wallpapers, trimmings, upholstered furniture, and related products in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 20:33
End of Day Share Price2019/10/22 00:00
Earnings2019/04/30
Annual Earnings2019/04/30


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.