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WINE

Naked WinesAIM:WINE Stock Report

Last Price

UK£5.57

Market Cap

UK£409.1m

7D

-6.2%

1Y

-23.5%

Updated

23 Jan, 2022

Data

Company Financials +
WINE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

WINE Stock Overview

Naked Wines plc, together with its subsidiaries, engages in the retailing of wines, beers, and spirits in the United Kingdom, the United States, and Australia.

Naked Wines Competitors

Winc

NYSEAM:WBEV

US$80.4m

Price History & Performance

Summary of all time highs, changes and price drops for Naked Wines
Historical stock prices
Current Share PriceUK£5.57
52 Week HighUK£9.14
52 Week LowUK£5.14
Beta0.88
1 Month Change-13.91%
3 Month Change-14.70%
1 Year Change-23.49%
3 Year Change98.93%
5 Year Change59.37%
Change since IPO989.49%

Recent News & Updates

Oct 30
Is There An Opportunity With Naked Wines plc's (LON:WINE) 43% Undervaluation?

Is There An Opportunity With Naked Wines plc's (LON:WINE) 43% Undervaluation?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Naked Wines plc...

Shareholder Returns

WINEGB Consumer RetailingGB Market
7D-6.2%-0.8%-1.3%
1Y-23.5%-22.8%7.8%

Return vs Industry: WINE matched the UK Consumer Retailing industry which returned -22.8% over the past year.

Return vs Market: WINE underperformed the UK Market which returned 7.8% over the past year.

Price Volatility

Is WINE's price volatile compared to industry and market?
WINE volatility
WINE Average Weekly Movement8.1%
Consumer Retailing Industry Average Movement5.2%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: WINE is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: WINE's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
1980383Nick Devlinhttps://www.nakedwinesplc.co.uk

Naked Wines plc, together with its subsidiaries, engages in the retailing of wines, beers, and spirits in the United Kingdom, the United States, and Australia. The company offers its products online. The company was formerly known as Majestic Wine plc and changed its name to Naked Wines plc in August 2019.

Naked Wines Fundamentals Summary

How do Naked Wines's earnings and revenue compare to its market cap?
WINE fundamental statistics
Market CapUK£409.11m
Earnings (TTM)-UK£973.00k
Revenue (TTM)UK£342.46m

1.2x

P/S Ratio

-420.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WINE income statement (TTM)
RevenueUK£342.46m
Cost of RevenueUK£202.25m
Gross ProfitUK£140.21m
ExpensesUK£141.18m
Earnings-UK£973.00k

Last Reported Earnings

Sep 27, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.013
Gross Margin40.94%
Net Profit Margin-0.28%
Debt/Equity Ratio0.02%

How did WINE perform over the long term?

See historical performance and comparison

Valuation

Is Naked Wines undervalued compared to its fair value and its price relative to the market?

3.9x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: WINE is overvalued based on its PB Ratio (3.9x) compared to the GB Consumer Retailing industry average (2.8x).


Future Growth

How is Naked Wines forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

61.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WINE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: WINE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: WINE's is expected to become profitable in the next 3 years.

Revenue vs Market: WINE's revenue (13% per year) is forecast to grow faster than the UK market (4.8% per year).

High Growth Revenue: WINE's revenue (13% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WINE is forecast to be unprofitable in 3 years.


Past Performance

How has Naked Wines performed over the past 5 years?

-34.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WINE is currently unprofitable.

Growing Profit Margin: WINE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WINE is unprofitable, and losses have increased over the past 5 years at a rate of 34.1% per year.

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

Earnings vs Industry: WINE is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (37.8%).


Return on Equity

High ROE: WINE has a negative Return on Equity (-0.93%), as it is currently unprofitable.


Financial Health

How is Naked Wines's financial position?


Financial Position Analysis

Short Term Liabilities: WINE's short term assets (£190.4M) exceed its short term liabilities (£136.1M).

Long Term Liabilities: WINE's short term assets (£190.4M) exceed its long term liabilities (£3.0M).


Debt to Equity History and Analysis

Debt Level: WINE has more cash than its total debt.

Reducing Debt: WINE's debt to equity ratio has reduced from 33.4% to 0.02% 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: WINE has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: WINE has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 12.9% each year


Dividend

What is Naked Wines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

Nick Devlin (36 yo)

2.58yrs

Tenure

UK£917,000

Compensation

Mr. Nicholas James Devlin, also known as Nick, serves as Chief Executive Officer of Naked Wines plc (also known as Majestic Wine plc) since January 9, 2020. He has been Executive Director and Group Chief O...


CEO Compensation Analysis

Compensation vs Market: Nick's total compensation ($USD1.24M) is above average for companies of similar size in the UK market ($USD814.90K).

Compensation vs Earnings: Insufficient data to compare Nick's compensation with company performance.


Leadership Team

Experienced Management: WINE's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: WINE's board of directors are not considered experienced ( 2.6 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: WINE 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

Naked Wines plc's employee growth, exchange listings and data sources


Key Information

  • Name: Naked Wines plc
  • Ticker: WINE
  • Exchange: AIM
  • Founded: 1980
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Implied Market Cap: UK£409.107m
  • Shares outstanding: 73.45m
  • Website: https://www.nakedwinesplc.co.uk

Number of Employees


Location

  • Naked Wines plc
  • The Union Building
  • 51-59 Rose Lane
  • Norwich
  • Norfolk
  • NR1 1BY
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 19:06
End of Day Share Price2022/01/21 00:00
Earnings2021/09/27
Annual Earnings2021/03/29


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.