Churchill China plc manufactures and sells ceramic and related products in the United Kingdom, rest of Europe, the United States, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£18.60|
|52 Week High||UK£9.80|
|52 Week Low||UK£20.50|
|1 Month Change||-0.80%|
|3 Month Change||11.05%|
|1 Year Change||74.65%|
|3 Year Change||63.16%|
|5 Year Change||113.79%|
|Change since IPO||552.63%|
Recent News & Updates
|CHH||GB Consumer Durables||GB Market|
Return vs Industry: CHH exceeded the UK Consumer Durables industry which returned 37.7% over the past year.
Return vs Market: CHH exceeded the UK Market which returned 19.2% over the past year.
Stable Share Price: CHH is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: CHH's weekly volatility (2%) has been stable over the past year.
About the Company
Churchill China plc manufactures and sells ceramic and related products in the United Kingdom, rest of Europe, the United States, and internationally. It provides plates, bowls, trays and boards, crates and carriers, stands and risers, cookware, counter serving ware, cups, mugs, saucers, beverage pots, jugs, chip mugs, dip pots and sauce dishes, lids, glassware, cutlery, utensils, and accessories, as well as raw materials for the ceramics industry. The company offers its products to pubs, restaurant and hotel chains, sports and conference venues, health and education establishments, and contract caterers, as well as for consumer use.
Is Churchill China 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: CHH (£19.4) is trading above our estimate of fair value (£9.23)
Significantly Below Fair Value: CHH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CHH is poor value based on its PE Ratio (231x) compared to the UK Consumer Durables industry average (14.3x).
PE vs Market: CHH is poor value based on its PE Ratio (231x) compared to the UK market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: CHH is poor value based on its PEG Ratio (4.1x)
Price to Book Ratio
PB vs Industry: CHH is overvalued based on its PB Ratio (5.6x) compared to the GB Consumer Durables industry average (1.6x).
How is Churchill China 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: CHH's forecast earnings growth (56.8% per year) is above the savings rate (0.9%).
Earnings vs Market: CHH's earnings (56.8% per year) are forecast to grow faster than the UK market (13.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CHH's revenue (18.4% per year) is forecast to grow faster than the UK market (5% per year).
High Growth Revenue: CHH's revenue (18.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CHH's Return on Equity is forecast to be low in 3 years time (18.8%).
How has Churchill China performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CHH has a large one-off gain of £4.1M impacting its June 30 2021 financial results.
Growing Profit Margin: CHH's current net profit margins (2.2%) are lower than last year (9.8%).
Past Earnings Growth Analysis
Earnings Trend: CHH's earnings have declined by 10.8% per year over the past 5 years.
Accelerating Growth: CHH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CHH had negative earnings growth (-82.6%) over the past year, making it difficult to compare to the Consumer Durables industry average (17.3%).
Return on Equity
High ROE: CHH's Return on Equity (2.4%) is considered low.
How is Churchill China's financial position?
Financial Position Analysis
Short Term Liabilities: CHH's short term assets (£35.9M) exceed its short term liabilities (£10.1M).
Long Term Liabilities: CHH's short term assets (£35.9M) exceed its long term liabilities (£11.4M).
Debt to Equity History and Analysis
Debt Level: CHH is debt free.
Reducing Debt: CHH has not had any debt for past 5 years.
Debt Coverage: CHH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CHH has no debt, therefore coverage of interest payments is not a concern.
What is Churchill China current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CHH's dividend (0.69%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.34%).
High Dividend: CHH's dividend (0.69%) is low compared to the top 25% of dividend payers in the UK market (3.92%).
Stability and Growth of Payments
Stable Dividend: CHH is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.
Growing Dividend: CHH is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: CHH is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CHH'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
David O'Connor (64 yo)
Mr. David M. O'Connor has been the Chief Executive Officer of Churchill China plc since August 15, 2014. Mr. O'Connor has been a consultant with WestfieldConsultants Group, an independent business consulti...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD402.82K) is about average for companies of similar size in the UK market ($USD558.41K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: CHH's management team is seasoned and experienced (7.1 years average tenure).
Experienced Board: CHH's board of directors are considered experienced (7.3 years average tenure).
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.
Churchill China plc's employee growth, exchange listings and data sources
- Name: Churchill China plc
- Ticker: CHH
- Exchange: AIM
- Founded: 1795
- Industry: Housewares and Specialties
- Sector: Consumer Durables
- Market Cap: UK£213.843m
- Shares outstanding: 11.02m
- Website: https://www.churchill1795.com
Number of Employees
- Churchill China plc
- No.1 Marlborough Way
- ST6 5NZ
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/20 17:44|
|End of Day Share Price||2021/09/20 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.