PMP

Portmeirion GroupAIM:PMP Stock Report

Market Cap

UK£94.2m

7D

10.5%

1Y

79.3%

Updated

19 Sep, 2021

Data

Company Financials +
PMP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance1/6
Financial Health6/6
Dividends0/6

PMP Overview

Portmeirion Group PLC manufactures, markets, and distributes ceramics, home fragrances, and associated homeware products in the United Kingdom, the United States, South Korea, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Portmeirion Group
Historical stock prices
Current Share PriceUK£6.85
52 Week HighUK£3.60
52 Week LowUK£7.10
Beta1.68
1 Month Change10.48%
3 Month Change-2.14%
1 Year Change79.32%
3 Year Change-41.45%
5 Year Change-20.12%
Change since IPO203.10%

Recent News & Updates

May 06
Is It Time To Consider Buying Portmeirion Group PLC (LON:PMP)?

Is It Time To Consider Buying Portmeirion Group PLC (LON:PMP)?

Portmeirion Group PLC ( LON:PMP ), might not be a large cap stock, but it saw a decent share price growth in the teens...

Apr 12
Portmeirion Group (LON:PMP) Has Debt But No Earnings; Should You Worry?

Portmeirion Group (LON:PMP) Has Debt But No Earnings; Should You Worry?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Mar 18
Introducing Portmeirion Group (LON:PMP), A Stock That Climbed 49% In The Last Year

Introducing Portmeirion Group (LON:PMP), A Stock That Climbed 49% In The Last Year

Passive investing in index funds can generate returns that roughly match the overall market. But investors can boost...

Shareholder Returns

PMPGB Consumer DurablesGB Market
7D10.5%0.5%-0.8%
1Y79.3%37.7%19.9%

Return vs Industry: PMP exceeded the UK Consumer Durables industry which returned 37.7% over the past year.

Return vs Market: PMP exceeded the UK Market which returned 19.2% over the past year.

Price Volatility

Is PMP's price volatile compared to industry and market?
PMP volatility
PMP Beta1.68
Industry Beta1.54
Market Beta1

Stable Share Price: PMP is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PMP's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1912850Mike Raybouldhttps://www.portmeiriongroup.com

Portmeirion Group PLC manufactures, markets, and distributes ceramics, home fragrances, and associated homeware products in the United Kingdom, the United States, South Korea, and internationally. It offers tableware, cookware, giftware, glassware, and tabletop accessories under the Portmeirion, Spode, Wax Lyrical, Royal Worcester, Nambé, and Pimpernel brand names. The company provides home fragrance products, such as candles and diffusers; and bone China mugs, placemats, coasters, trays, accessories, and gifts.

Valuation

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

7.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PMP (£6.85) is trading below our estimate of fair value (£7.4)

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


Price To Earnings Ratio

PE vs Industry: PMP is poor value based on its PE Ratio (36x) compared to the UK Consumer Durables industry average (14.3x).

PE vs Market: PMP is poor value based on its PE Ratio (36x) compared to the UK market (23.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PMP's PB Ratio (1.6x) is in line with the GB Consumer Durables industry average.


Future Growth

How is Portmeirion Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

6.5%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PMP's forecast earnings growth is above the savings rate (0.9%).

Earnings vs Market: Insufficient data to determine if PMP'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: PMP's revenue (6.5% per year) is forecast to grow faster than the UK market (5% per year).

High Growth Revenue: PMP's revenue (6.5% 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 PMP's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Portmeirion Group performed over the past 5 years?

-21.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PMP has high quality earnings.

Growing Profit Margin: PMP's current net profit margins (2.6%) are lower than last year (3.8%).


Past Earnings Growth Analysis

Earnings Trend: PMP's earnings have declined by 21.1% per year over the past 5 years.

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

Earnings vs Industry: PMP had negative earnings growth (-22.5%) over the past year, making it difficult to compare to the Consumer Durables industry average (17.3%).


Return on Equity

High ROE: PMP's Return on Equity (4.5%) is considered low.


Financial Health

How is Portmeirion Group's financial position?


Financial Position Analysis

Short Term Liabilities: PMP's short term assets (£51.5M) exceed its short term liabilities (£16.6M).

Long Term Liabilities: PMP's short term assets (£51.5M) exceed its long term liabilities (£12.8M).


Debt to Equity History and Analysis

Debt Level: PMP's debt to equity ratio (15.2%) is considered satisfactory.

Reducing Debt: PMP's debt to equity ratio has reduced from 35.6% to 15.2% over the past 5 years.

Debt Coverage: PMP's debt is well covered by operating cash flow (65.3%).

Interest Coverage: PMP's interest payments on its debt are well covered by EBIT (8.3x coverage).


Balance Sheet


Dividend

What is Portmeirion Group current dividend yield, its reliability and sustainability?

2.62%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PMP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PMP'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 PMP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PMP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PMP is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PMP'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?

2.0yrs

Average management tenure


CEO

Mike Raybould (50 yo)

2yrs

Tenure

UK£408,000

Compensation

Mr. Michael Trevor Raybould, BSc ACA, also known as Mike, has been Chief Executive Officer of Portmeirion Group plc since September 02, 2019 and served as its Group Finance Director from May 26, 2017 to Se...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD561.16K) is above average for companies of similar size in the UK market ($USD327.28K).

Compensation vs Earnings: Mike's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: PMP's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: PMP's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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

Portmeirion Group PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Portmeirion Group PLC
  • Ticker: PMP
  • Exchange: AIM
  • Founded: 1912
  • Industry: Housewares and Specialties
  • Sector: Consumer Durables
  • Market Cap: UK£94.194m
  • Shares outstanding: 13.75m
  • Website: https://www.portmeiriongroup.com

Number of Employees


Location

  • Portmeirion Group PLC
  • London Road
  • Stoke-On-Trent
  • Staffordshire
  • ST4 7QQ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 17:33
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.