Victoria
Market Cap
UK£785.2m
Last Updated
2021/01/22 18:46 UTC
Data Sources
Company Financials +
Executive Summary
Victoria PLC, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, Italy, rest of Europe, and Australia. More Details
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Victoria's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VCP is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: VCP's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of UK stocks.
Market Performance
7 Day Return
-5.4%
VCP
0.4%
GB Consumer Durables
-0.1%
GB Market
1 Year Return
54.0%
VCP
-19.0%
GB Consumer Durables
-7.7%
GB Market
Return vs Industry: VCP exceeded the UK Consumer Durables industry which returned -17.7% over the past year.
Return vs Market: VCP exceeded the UK Market which returned -6.5% over the past year.
Shareholder returns
| VCP | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.4% | 0.4% | -0.1% |
| 30 Day | 8.1% | -1.4% | 4.1% |
| 90 Day | 26.4% | 17.9% | 14.7% |
| 1 Year | 54.0%54.0% | -17.7%-19.0% | -4.0%-7.7% |
| 3 Year | -15.5%-15.5% | 10.4%-4.4% | 4.2%-8.5% |
| 5 Year | 201.8%201.8% | 39.3%8.9% | 43.0%15.1% |
Long-Term Price Volatility Vs. Market
How volatile is Victoria's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Read This Before Selling Victoria plc (LON:VCP) Shares4 months ago | Simply Wall St
Victoria's (LON:VCP) Shareholders Are Down 49% On Their Shares5 months ago | Simply Wall St
Is Victoria (LON:VCP) Using Too Much Debt?Valuation
Is Victoria undervalued compared to its fair value and its price relative to the market?
3.21x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: VCP (£6.72) is trading above our estimate of fair value (£3.28)
Significantly Below Fair Value: VCP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VCP is unprofitable, so we can't compare its PE Ratio to the GB Consumer Durables industry average.
PE vs Market: VCP is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VCP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VCP is overvalued based on its PB Ratio (3.2x) compared to the GB Consumer Durables industry average (1.4x).
Next Steps
Future Growth
How is Victoria forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
5.4%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if VCP's forecast earnings growth is above the savings rate (1%).
Earnings vs Market: Insufficient data to determine if VCP'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: VCP's revenue (5.4% per year) is forecast to grow slower than the UK market (6.5% per year).
High Growth Revenue: VCP's revenue (5.4% 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 VCP's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Victoria performed over the past 5 years?
-78.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VCP is currently unprofitable.
Growing Profit Margin: VCP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VCP is unprofitable, and losses have increased over the past 5 years at a rate of 78.8% per year.
Accelerating Growth: Unable to compare VCP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VCP is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-45.3%).
Return on Equity
High ROE: VCP has a negative Return on Equity (-28.35%), as it is currently unprofitable.
Next Steps
Financial Health
How is Victoria's financial position?
Financial Position Analysis
Short Term Liabilities: VCP's short term assets (£416.5M) exceed its short term liabilities (£214.3M).
Long Term Liabilities: VCP's short term assets (£416.5M) do not cover its long term liabilities (£661.0M).
Debt to Equity History and Analysis
Debt Level: VCP's debt to equity ratio (192.1%) is considered high.
Reducing Debt: VCP's debt to equity ratio has increased from 162.3% to 192.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VCP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VCP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.2% per year.
Next Steps
Dividend
What is Victoria current dividend yield, its reliability and sustainability?
2.13%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VCP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VCP'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 VCP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VCP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: VCP is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VCP'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?
3.8yrs
Average management tenure
CEO
Philippe Hamers (56 yo)
3.83yrs
Tenure
UK£1,883,000
Compensation
Mr. Philippe Hamers has been Chief Executive Officer and Executive Director of Victoria plc since March 20, 2017. Mr. Hamers served as General Manager of Residential and Commercial Broadloom Division at Ba...
CEO Compensation Analysis
Compensation vs Market: Philippe's total compensation ($USD2.58M) is above average for companies of similar size in the UK market ($USD1.01M).
Compensation vs Earnings: Philippe's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.25yrs | UK£2.23m | 19.2% £ 150.8m | |
| CEO & Executive Director | 3.83yrs | UK£1.88m | 0.16% £ 1.2m | |
| Group Finance Director & Executive Director | 5yrs | UK£1.27m | 0.21% £ 1.6m | |
| Managing Director of Strategic Investments & Corporate Development | no data | no data | no data | |
| Managing Director of Westex Carpets | 2yrs | no data | no data | |
| Managing Director of Abingdon Flooring | no data | no data | no data | |
| Managing Director of Interfloor | no data | no data | no data | |
| Managing Director of Victoria Carpets - Australia | 7.75yrs | no data | no data | |
| Managing Director of Victoria Carpets - UK | 2yrs | no data | no data | |
| Managing Director of Victoria Ceramics Spain | no data | no data | no data | |
| Managing Director of Victoria Ceramics Italy | no data | no data | no data | |
| Managing Director of Estillon | no data | no data | no data |
3.8yrs
Average Tenure
Experienced Management: VCP's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.25yrs | UK£2.23m | 19.2% £ 150.8m | |
| CEO & Executive Director | 3.83yrs | UK£1.88m | 0.16% £ 1.2m | |
| Group Finance Director & Executive Director | 5yrs | UK£1.27m | 0.21% £ 1.6m | |
| Non-Executive Chairman of The Victoria Carpet Company Pty Limited | 14.42yrs | UK£76.00k | no data | |
| Non-Executive Director | 1.67yrs | UK£30.00k | no data | |
| Senior Independent Non-Executive Director | no data | UK£35.00k | 0.18% £ 1.4m | |
| Non-Executive Director | 6.33yrs | UK£35.00k | 0.0069% £ 53.9k | |
| Non-Executive Director | 0.083yr | no data | no data |
5.0yrs
Average Tenure
45yo
Average Age
Experienced Board: VCP's board of directors are considered experienced (5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VCP insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Victoria plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Victoria plc
- Ticker: VCP
- Exchange: AIM
- Founded: 1895
- Industry: Home Furnishings
- Sector: Consumer Durables
- Market Cap: UK£785.245m
- Shares outstanding: 116.85m
- Website: https://www.victoriaplc.com
Number of Employees
Location
- Victoria plc
- Worcester Road
- Kidderminster
- Worcestershire
- DY10 1JR
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VCP | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| 3CV | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
Biography
Victoria PLC, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, Italy, rest of Europe, and Australia. It also provides wool an...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 18:46 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/10/03 |
| Annual Earnings | 2020/03/28 |
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.