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McColl's Retail Group

LSE:MCLS
Snowflake Description

Undervalued with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MCLS
LSE
£98M
Market Cap
  1. Home
  2. GB
  3. Consumer Retailing
Company description

McColl's Retail Group plc operates as a neighborhood retailer in the United Kingdom. The last earnings update was 75 days ago. More info.


Add to Portfolio Compare Print
  • McColl's Retail Group has significant price volatility in the past 3 months.
MCLS Share Price and Events
7 Day Returns
-0.1%
LSE:MCLS
-0.1%
GB Consumer Retailing
1.5%
GB Market
1 Year Returns
-65.7%
LSE:MCLS
-13.4%
GB Consumer Retailing
-6.3%
GB Market
MCLS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
McColl's Retail Group (MCLS) -0.1% 5.5% 50.5% -65.7% -45.3% -47.6%
GB Consumer Retailing -0.1% -3.8% -2% -13.4% 21.6% -22.5%
GB Market 1.5% -2.1% 1.8% -6.3% 15.4% 2%
1 Year Return vs Industry and Market
  • MCLS underperformed the Consumer Retailing industry which returned -13.4% over the past year.
  • MCLS underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -6.3% over the past year.
Price Volatility
MCLS
Industry
5yr Volatility vs Market

Value

 Is McColl's Retail Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of McColl's Retail Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for McColl's Retail Group.

LSE:MCLS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.6%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:MCLS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Consumer Retailing Unlevered Beta Simply Wall St/ S&P Global 0.46
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.458 (1 + (1- 19%) (130.02%))
0.96
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.96 * 6.65%)
7.61%

Discounted Cash Flow Calculation for LSE:MCLS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for McColl's Retail Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

LSE:MCLS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 7.61%)
2019 11.85 Analyst x2 11.01
2020 8.07 Analyst x3 6.97
2021 7.18 Analyst x3 5.76
2022 9.00 Analyst x1 6.71
2023 10.00 Analyst x1 6.93
2024 10.66 Est @ 6.6% 6.86
2025 11.19 Est @ 4.99% 6.70
2026 11.62 Est @ 3.86% 6.46
2027 11.98 Est @ 3.07% 6.19
2028 12.28 Est @ 2.52% 5.90
Present value of next 10 years cash flows £69.49
LSE:MCLS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £12.28 × (1 + 1.23%) ÷ (7.61% – 1.23%)
£194.73
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £194.73 ÷ (1 + 7.61%)10
£93.50
LSE:MCLS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £69.49 + £93.50
£162.99
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £162.99 / 115.17
£1.42
LSE:MCLS Discount to Share Price
Calculation Result
Value per share (GBP) From above. £1.42
Current discount Discount to share price of £0.85
= -1 x (£0.85 - £1.42) / £1.42
40%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price McColl's Retail Group is available for.
Intrinsic value
40%
Share price is £0.85 vs Future cash flow value of £1.42
Current Discount Checks
For McColl's Retail Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • McColl's Retail Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • McColl's Retail Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for McColl's Retail Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are McColl's Retail Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:MCLS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-25) in GBP £0.06
LSE:MCLS Share Price ** LSE (2019-05-21) in GBP £0.85
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry PE Ratio Median Figure of 9 Publicly-Listed Consumer Retailing Companies 20.24x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 789 Publicly-Listed Companies 16.22x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of McColl's Retail Group.

LSE:MCLS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:MCLS Share Price ÷ EPS (both in GBP)

= 0.85 ÷ 0.06

14.27x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • McColl's Retail Group is good value based on earnings compared to the GB Consumer Retailing industry average.
  • McColl's Retail Group is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does McColl's Retail Group's expected growth come at a high price?
Raw Data
LSE:MCLS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
7.4%per year
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry PEG Ratio Median Figure of 7 Publicly-Listed Consumer Retailing Companies 1.46x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 575 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for McColl's Retail Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on McColl's Retail Group's assets?
Raw Data
LSE:MCLS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-25) in GBP £1.23
LSE:MCLS Share Price * LSE (2019-05-21) in GBP £0.85
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry PB Ratio Median Figure of 11 Publicly-Listed Consumer Retailing Companies 1.36x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,368 Publicly-Listed Companies 1.5x
LSE:MCLS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:MCLS Share Price ÷ Book Value per Share (both in GBP)

= 0.85 ÷ 1.23

0.69x

* Primary Listing of McColl's Retail Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • McColl's Retail Group is good value based on assets compared to the GB Consumer Retailing industry average.
X
Value checks
We assess McColl's Retail Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Retailing industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Retailing industry average (and greater than 0)? (1 check)
  5. McColl's Retail Group has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is McColl's Retail Group expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

  • No analysts cover McColl's Retail Group, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is McColl's Retail Group expected to grow at an attractive rate?
  • McColl's Retail Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • McColl's Retail Group's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • McColl's Retail Group's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:MCLS Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:MCLS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 7.4%
LSE:MCLS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 2.5%
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry Earnings Growth Rate Market Cap Weighted Average 13.9%
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:MCLS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:MCLS Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-11-30 1,424 42 1
2022-11-30 1,363 40 1
2021-11-30 1,330 35 3
2020-11-30 1,300 34 3
2019-11-30 1,268 37 3
2018-11-30 1,232 3
LSE:MCLS Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-11-25 1,242 62 7
2018-08-25 1,244 60 10
2018-05-27 1,229 58 12
2018-02-27 1,180 56 13
2017-11-26 1,149 54 14
2017-08-26 1,067 52 12
2017-05-28 986 49 11
2017-02-28 968 35 12
2016-11-27 950 22 14
2016-08-27 946 31 15
2016-05-29 942 40 17
2016-02-29 937 42 16
2015-11-29 932 44 16

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • McColl's Retail Group's earnings are expected to grow by 7.4% yearly, however this is not considered high growth (20% yearly).
  • McColl's Retail Group's revenue is expected to grow by 2.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:MCLS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from McColl's Retail Group Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:MCLS Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-11-30
2022-11-30
2021-11-30
2020-11-30
2019-11-30
2018-11-30
LSE:MCLS Past Financials Data
Date (Data in GBP Millions) EPS *
2018-11-25 0.06
2018-08-25 0.08
2018-05-27 0.11
2018-02-27 0.12
2017-11-26 0.12
2017-08-26 0.11
2017-05-28 0.09
2017-02-28 0.11
2016-11-27 0.13
2016-08-27 0.14
2016-05-29 0.16
2016-02-29 0.16
2015-11-29 0.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if McColl's Retail Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess McColl's Retail Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
McColl's Retail Group has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has McColl's Retail Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare McColl's Retail Group's growth in the last year to its industry (Consumer Retailing).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • McColl's Retail Group's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • McColl's Retail Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • McColl's Retail Group's 1-year earnings growth is negative, it can't be compared to the GB Consumer Retailing industry average.
Earnings and Revenue History
McColl's Retail Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from McColl's Retail Group Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:MCLS Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-25 1,241.54 6.85 310.74
2018-08-25 1,243.60 9.65 309.67
2018-05-27 1,228.69 12.45 308.49
2018-02-27 1,180.23 13.32 297.32
2017-11-26 1,148.75 14.19 286.25
2017-08-26 1,067.38 12.49 268.74
2017-05-28 986.01 10.80 251.24
2017-02-28 968.21 12.36 245.13
2016-11-27 950.40 13.92 239.03
2016-08-27 946.27 15.25 235.78
2016-05-29 942.14 16.59 232.54
2016-02-29 937.18 16.34 229.62
2015-11-29 932.23 16.10 226.70
2015-08-29 934.87 17.76 226.35
2015-05-31 937.51 19.42 226.01
2015-02-28 929.96 14.66 224.27
2014-11-30 922.42 9.91 222.53
2014-08-31 903.73 6.69 218.98
2014-05-25 885.04 3.48 215.44
2014-02-25 877.23 4.31 214.21
2013-11-24 869.42 5.14 212.98
2012-11-25 844.68 2.57 218.27

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • McColl's Retail Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • McColl's Retail Group used its assets less efficiently than the GB Consumer Retailing industry average last year based on Return on Assets.
  • McColl's Retail Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess McColl's Retail Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Retailing industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
McColl's Retail Group has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is McColl's Retail Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up McColl's Retail Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • McColl's Retail Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • McColl's Retail Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of McColl's Retail Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from McColl's Retail Group Company Filings, last reported 5 months ago.

LSE:MCLS Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-25 141.48 127.14 28.55
2018-08-25 141.48 127.14 28.55
2018-05-27 147.07 151.87 39.28
2018-02-27 147.07 151.87 39.28
2017-11-26 145.91 156.52 14.27
2017-08-26 145.91 156.52 14.27
2017-05-28 133.54 136.78 27.80
2017-02-28 133.54 136.78 27.80
2016-11-27 140.51 39.31 3.76
2016-08-27 140.51 39.31 3.76
2016-05-29 124.54 56.82 17.27
2016-02-29 124.54 56.82 17.27
2015-11-29 125.97 44.97 14.53
2015-08-29 125.97 44.97 14.53
2015-05-31 117.17 57.51 13.25
2015-02-28 117.17 57.51 13.25
2014-11-30 117.24 48.76 11.40
2014-08-31 117.24 48.76 11.40
2014-05-25 104.90 48.69 16.89
2014-02-25 104.90 48.69 16.89
2013-11-24 55.91 109.64 23.56
2012-11-25 40.35 138.43 52.19
  • McColl's Retail Group's level of debt (89.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (190.2% vs 89.9% today).
  • Debt is well covered by operating cash flow (48.6%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.3x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess McColl's Retail Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. McColl's Retail Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is McColl's Retail Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.71%
Current annual income from McColl's Retail Group dividends. Estimated to be 5.59% next year.
If you bought £2,000 of McColl's Retail Group shares you are expected to receive £94 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • McColl's Retail Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2%).
  • McColl's Retail Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.27%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:MCLS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 3.6%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:MCLS Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2023-11-30 0.07 1.00
2022-11-30 0.06 1.00
2021-11-30 0.05 3.00
2020-11-30 0.04 3.00
2019-11-30 0.04 3.00
2018-11-30 0.10 2.00
LSE:MCLS Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-03-07 0.040 4.987
2019-02-18 0.040 6.561
2018-03-08 0.103 8.608
2018-02-19 0.103 4.179
2017-02-27 0.102 4.355
2016-03-01 0.102 6.204
2015-03-16 0.085 5.572
2015-03-03 0.085 5.008
2014-07-22 0.034 1.868

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • McColl's Retail Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but McColl's Retail Group only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of McColl's Retail Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2x coverage).
X
Income/ dividend checks
We assess McColl's Retail Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can McColl's Retail Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. McColl's Retail Group has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of McColl's Retail Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jonathan Miller
COMPENSATION £591,000
TENURE AS CEO 3.1 years
CEO Bio

Mr. Jonathan Miller, FCA, has been the Chief Executive Officer at McColl's Retail Group plc since April 01, 2016 and was its Secretary. Mr. Miller served as the Chief Financial Officer at McColl's Retail Group plc since 2004. Mr. Miller has overall responsibility for financial performance and also oversees Finance, Buying, Marketing, Human Resources, Information Technology and Store Development. He joined McColl's Retail Group plc in 1991 and served as its Finance Director of the Retail Businesses since 1998. He has been an Executive Director of McColl's Retail Group plc since February 3, 2014. Mr. Miller trained as a Chartered Accountant with Deloittes.

CEO Compensation
  • Jonathan's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jonathan's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the McColl's Retail Group management team in years:

2.6
Average Tenure
  • The tenure for the McColl's Retail Group management team is about average.
Management Team

Jonathan Miller

TITLE
CEO & Executive Director
COMPENSATION
£591K
TENURE
3.1 yrs

Dave Thomas

TITLE
COO & Executive Director
COMPENSATION
£356K
TENURE
4.8 yrs

Robbie Bell

TITLE
CFO & Director
AGE
44
TENURE
0.3 yrs

Naomi Kissman

TITLE
Head of Investor Relations

Karen Bird

TITLE
Colleague Director
TENURE
2.6 yrs

Rachel Peat

TITLE
Company Secretary
TENURE
0.5 yrs
Board of Directors Tenure

Average tenure and age of the McColl's Retail Group board of directors in years:

3
Average Tenure
51.5
Average Age
  • The tenure for the McColl's Retail Group board of directors is about average.
Board of Directors

Angus Porter

TITLE
Non-Executive Chairman
COMPENSATION
£147K
AGE
61
TENURE
2.1 yrs

Jonathan Miller

TITLE
CEO & Executive Director
COMPENSATION
£591K
TENURE
5.3 yrs

Dave Thomas

TITLE
COO & Executive Director
COMPENSATION
£356K
TENURE
5.3 yrs

Robbie Bell

TITLE
CFO & Director
AGE
44
TENURE
0.3 yrs

Georgina Harvey

TITLE
Senior Independent Director
COMPENSATION
£58K
AGE
53
TENURE
3 yrs

Sharon Brown

TITLE
Independent Non-Executive Director
COMPENSATION
£57K
AGE
50
TENURE
5.3 yrs

Jens Hofma

TITLE
Independent Non-Executive Director
COMPENSATION
£46K
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess McColl's Retail Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. McColl's Retail Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What You Should Know About McColl's Retail Group plc's (LON:MCLS) Financial Strength

MCLS’s Debt (And Cash Flows) Over the past year, MCLS has reduced its debt from UK£157m to UK£127m , which also accounts for long term debt. … On top of this, MCLS has produced cash from operations of UK£62m over the same time period, resulting in an operating cash to total debt ratio of 49%, signalling that MCLS’s operating cash is sufficient to cover its debt. … At the current liabilities level of UK£221m, it seems that the business may not be able to easily meet these obligations given the level of current assets of UK£148m, with a current ratio of 0.67x.

Simply Wall St -

What We Think Of McColl's Retail Group plc’s (LON:MCLS) Investment Potential

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Should Income Investors Look At McColl's Retail Group plc (LON:MCLS) Before Its Ex-Dividend?

On the 06 June 2019, McColl's Retail Group plc (LON:MCLS) will be paying shareholders an upcoming dividend amount of UK£0.006 per share. … Investors looking for higher income-generating stocks to add to their portfolio should keep reading, as I examine McColl's Retail Group's latest financial data to analyse its dividend characteristics. … Has its dividend been stable over the past (i.e. no missed payments or significant payout cuts)?

Simply Wall St -

Before You Buy McColl's Retail Group plc (LON:MCLS), Consider Its Volatility

If you're interested in McColl's Retail Group plc (LON:MCLS), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

What Does McColl's Retail Group plc's (LON:MCLS) Share Price Indicate?

McColl's Retail Group plc (LON:MCLS), which is in the consumer retailing business, and is based in United Kingdom,. … Less-covered, small caps sees more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing? … Today I will analyse the most recent data on McColl's Retail Group’s outlook and valuation to see if the opportunity still exists

Simply Wall St -

Should McColl's Retail Group plc (LON:MCLS) Be Part Of Your Dividend Portfolio?

Historically, McColl's Retail Group plc (LON:MCLS) has paid a dividend to shareholders. … Let's dig deeper into whether McColl's Retail Group should have a place in your portfolio. … Check out our latest analysis for McColl's Retail Group

Simply Wall St -

How Much is McColl's Retail Group plc's (LON:MCLS) CEO Getting Paid?

Jonathan Miller has been the CEO of McColl's Retail Group plc (LON:MCLS) since 2016. … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Jonathan Miller's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Does McColl's Retail Group plc's (LON:MCLS) P/E Ratio Signal A Buying Opportunity?

To keep it practical, we'll show how McColl's Retail Group plc's (LON:MCLS) P/E ratio could help you assess the value on offer. … Based on the last twelve months, McColl's Retail Group's P/E ratio is 5.18. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

How McColl's Retail Group plc (LON:MCLS) Can Impact Your Portfolio Volatility

If you're interested in McColl's Retail Group plc (LON:MCLS), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … The first thing to understand about beta is that the beta of the overall market is one.

Simply Wall St -

McColl's Retail Group plc (LON:MCLS)'s Return on Capital

and want a simplistic look at the return on McColl's Retail Group plc (LON:MCLS) stock. … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … Therefore, looking at how efficiently McColl's Retail Group is able to use capital to create earnings will help us understand your potential return.

Simply Wall St -

Company Info

Description

McColl's Retail Group plc operates as a neighborhood retailer in the United Kingdom. The company operates convenience and newsagent stores that offer fruits and vegetables, milk, chilled foods, alcohol, confectionery, tobacco and e-cigarettes, canned and packaged grocery, soft-drinks, non-food, household, hot food-to-go, and newspapers, as well as provides post office and ATM services. As of November 26, 2017, it operated 1,611 neighborhood stores, including 1,279 McColl's branded convenience stores and 332 Martin’s branded newsagents stores in England, Scotland, and Wales. The company was founded in 1973 and is headquartered in Brentwood, the United Kingdom.

Details
Name: McColl's Retail Group plc
MCLS
Exchange: LSE
Founded: 1973
£97,782,314
115,173,515
Website: http://www.mccollsplc.co.uk
Address: McColl's Retail Group plc
McColl's House,
Ashwells Road,
Brentwood,
Essex, CM15 9ST,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE MCLS Ordinary Shares London Stock Exchange GB GBP 25. Feb 2014
OTCPK MCCO.F Ordinary Shares Pink Sheets LLC US USD 25. Feb 2014
DB 2M2 Ordinary Shares Deutsche Boerse AG DE EUR 25. Feb 2014
BATS-CHIXE MCLSL Ordinary Shares BATS 'Chi-X Europe' GB GBP 25. Feb 2014
Number of employees
Current staff
Staff numbers
8,879
McColl's Retail Group employees.
Industry
Food Retail
Consumer Retailing
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 22:12
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/05/08
Last earnings filing: 2019/03/07
Last earnings reported: 2018/11/25
Last annual earnings reported: 2018/11/25


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.