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FCCN

French Connection GroupLSE:FCCN Stock Report

Market Cap

UK£28.5m

7D

2.6%

1Y

314.7%

Updated

08 Nov, 2021

Data

Company Financials
FCCN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

FCCN Stock Overview

French Connection Group PLC designs, produces, and distributes branded fashion clothing for men, women, and children.

French Connection Group Competitors

Burberry Group

LSE:BRBY

UK£7.1b

Marks and Spencer Group

LSE:MKS

UK£4.6b

ASOS

AIM:ASC

UK£2.3b

N Brown Group

AIM:BWNG

UK£172.6m

Price History & Performance

Summary of all time highs, changes and price drops for French Connection Group
Historical stock prices
Current Share PriceUK£0.30
52 Week HighUK£0.32
52 Week LowUK£0.066
Beta1.78
1 Month Change1.90%
3 Month Change56.76%
1 Year Change314.74%
3 Year Change-44.51%
5 Year Change-9.43%
Change since IPO127.31%

Recent News & Updates

Shareholder Returns

FCCNGB LuxuryGB Market
7D2.6%-4.0%-2.6%
1Y314.7%-1.4%10.9%

Return vs Industry: FCCN exceeded the UK Luxury industry which returned 37.3% over the past year.

Return vs Market: FCCN exceeded the UK Market which returned 24.3% over the past year.

Price Volatility

Is FCCN's price volatile compared to industry and market?
FCCN volatility
FCCN Average Weekly Movement10.7%
Luxury Industry Average Movement6.9%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.8%
10% least volatile stocks in GB Market2.5%

Stable Share Price: FCCN is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: FCCN's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
1969626Stephen Markshttps://www.frenchconnection.com

French Connection Group PLC designs, produces, and distributes branded fashion clothing for men, women, and children. The company also provides toiletries and fragrances, shoes, watches, jewelry, eyewear, and furniture, as well as accessories and homeware products. It operates retail stores and concessions in the United Kingdom, Europe, the Middle East, the United States, and Canada; and e-commerce stores.

French Connection Group Fundamentals Summary

How do French Connection Group's earnings and revenue compare to its market cap?
FCCN fundamental statistics
Market CapUK£28.55m
Earnings (TTM)-UK£7.50m
Revenue (TTM)UK£87.80m

0.3x

P/S Ratio

-3.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FCCN income statement (TTM)
RevenueUK£87.80m
Cost of RevenueUK£60.30m
Gross ProfitUK£27.50m
ExpensesUK£35.00m
Earnings-UK£7.50m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

Apr 27, 2022

Earnings per share (EPS)-0.078
Gross Margin31.32%
Net Profit Margin-8.54%
Debt/Equity Ratio91.7%

How did FCCN perform over the long term?

See historical performance and comparison

Valuation

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

3.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FCCN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FCCN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FCCN is unprofitable, so we can't compare its PE Ratio to the UK Luxury industry average.

PE vs Market: FCCN 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 FCCN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FCCN is good value based on its PB Ratio (3.4x) compared to the GB Luxury industry average (5.2x).


Future Growth

How is French Connection Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.2%

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 French Connection Group 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.


Past Performance

How has French Connection Group performed over the past 5 years?

-25.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FCCN is currently unprofitable.

Growing Profit Margin: FCCN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FCCN is unprofitable, and losses have increased over the past 5 years at a rate of 25.5% per year.

Accelerating Growth: Unable to compare FCCN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FCCN is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (113.7%).


Return on Equity

High ROE: FCCN has a negative Return on Equity (-88.1%), as it is currently unprofitable.


Financial Health

How is French Connection Group's financial position?


Financial Position Analysis

Short Term Liabilities: FCCN's short term assets (£52.5M) exceed its short term liabilities (£37.7M).

Long Term Liabilities: FCCN's short term assets (£52.5M) exceed its long term liabilities (£20.9M).


Debt to Equity History and Analysis

Debt Level: FCCN's debt to equity ratio (91.7%) is considered high.

Reducing Debt: Insufficient data to determine if FCCN's debt to equity ratio has reduced 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 FCCN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: FCCN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43% per year.


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

5.6yrs

Average board tenure


CEO

Stephen Marks (74 yo)

52.83yrs

Tenure

UK£387,000

Compensation

Mr. Stephen Marks founded French Connection Group plc in 1969 and has been its Chairman and Chief Executive Officer since 1969. Mr. Marks serves as Director at French Connection UK Limited.


CEO Compensation Analysis

Compensation vs Market: Stephen's total compensation ($USD524.71K) is above average for companies of similar size in the UK market ($USD326.45K).

Compensation vs Earnings: Stephen's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: FCCN's board of directors are considered experienced (5.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: FCCN insiders have bought more shares than they have sold 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

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


Key Information

  • Name: French Connection Group PLC
  • Ticker: FCCN
  • Exchange: LSE
  • Founded: 1969
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: UK£28.549m
  • Shares outstanding: 96.61m
  • Website: https://www.frenchconnection.com

Number of Employees


Location

  • French Connection Group PLC
  • Centro 1
  • First Floor
  • London
  • Greater London
  • NW1 0DT
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/08 18:51
End of Day Share Price2021/11/05 00:00
Earnings2021/07/31
Annual Earnings2021/01/31


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.