AIM:HVTA

Stock Analysis Report

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Executive Summary

The Heavitree Brewery PLC, together with its subsidiaries, leases and operates public houses in the United Kingdom. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has Heavitree Brewery's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HVTA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

HVTA

0%

GB Hospitality

0%

GB Market


1 Year Return

36.4%

HVTA

0%

GB Hospitality

0%

GB Market

Return vs Industry: HVTA exceeded the UK Hospitality industry which returned -39.8% over the past year.

Return vs Market: HVTA exceeded the UK Market which returned -19.3% over the past year.


Shareholder returns

HVTAIndustryMarket
7 Day0%0%0%
30 Day0%0%0%
90 Day53.8%0%0%
1 Year36.4%36.4%0%0%0%0%
3 Year43.2%33.3%0%0%0%0%
5 Year57.0%36.4%0%0%0%0%

Price Volatility Vs. Market

How volatile is Heavitree Brewery's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Heavitree Brewery undervalued compared to its fair value and its price relative to the market?

12.93x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HVTA (£3) is trading above our estimate of fair value (£2.54)

Significantly Below Fair Value: HVTA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HVTA is good value based on its PE Ratio (12.9x) compared to the GB Hospitality industry average (20.1x).

PE vs Market: HVTA is good value based on its PE Ratio (12.9x) compared to the UK market (17.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HVTA's PB Ratio (1.1x) is in line with the GB Hospitality industry average.


Next Steps

Future Growth

How is Heavitree Brewery forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


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 Heavitree Brewery 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.


Next Steps

Past Performance

How has Heavitree Brewery performed over the past 5 years?

7.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HVTA has high quality earnings.

Growing Profit Margin: HVTA's current net profit margins (16.5%) are lower than last year (17.7%).


Past Earnings Growth Analysis

Earnings Trend: HVTA's earnings have grown by 7.3% per year over the past 5 years.

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

Earnings vs Industry: HVTA had negative earnings growth (-18%) over the past year, making it difficult to compare to the Hospitality industry average (-15.1%).


Return on Equity

High ROE: HVTA's Return on Equity (8.8%) is considered low.


Next Steps

Financial Health

How is Heavitree Brewery's financial position?


Financial Position Analysis

Short Term Liabilities: HVTA's short term assets (£970.0K) do not cover its short term liabilities (£2.4M).

Long Term Liabilities: HVTA's short term assets (£970.0K) do not cover its long term liabilities (£5.3M).


Debt to Equity History and Analysis

Debt Level: HVTA's debt to equity ratio (48.6%) is considered high.

Reducing Debt: HVTA's debt to equity ratio has reduced from 69.3% to 48.6% over the past 5 years.

Debt Coverage: HVTA's debt is well covered by operating cash flow (21%).

Interest Coverage: HVTA's interest payments on its debt are well covered by EBIT (9x coverage).


Balance Sheet


Next Steps

Dividend

What is Heavitree Brewery current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

11.3yrs

Average board tenure


CEO

Graham Crocker

13.42yrs

Tenure

UK£187,000

Compensation

Mr. Graham J. Crocker has been Managing Director of Heavitree Brewery plc since May 1, 2007 and serves as its Finance Director. Mr. Crocker is responsible for the Heavitree Brewery's financial affairs. Mr. ...


CEO Compensation Analysis

Compensation vs Market: Graham's total compensation ($USD242.27K) is below average for companies of similar size in the UK market ($USD349.56K).

Compensation vs Earnings: Graham's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Nicholas Tucker
Executive Chairman13.42yrsUK£215.00k16%
£ 2.7m
Graham Crocker
MD, Finance Director & Director13.42yrsUK£187.00k1.09%
£ 182.6k
Terry Wheatley
Trade Director & Directorno dataUK£183.00k1.39%
£ 233.5k
Thomas Duncan
Non Executive Directorno dataUK£18.00k7.24%
£ 1.2m
Katherine Pease-Watkin
Non-Executive Director11.25yrsUK£18.00k1.62%
£ 271.4k
Christopher Bush
Independent Non-Executive Director1.08yrsUK£3.00k0.046%
£ 7.8k

11.3yrs

Average Tenure

Experienced Board: HVTA's board of directors are seasoned and experienced ( 11.3 years average tenure).


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

The Heavitree Brewery PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Heavitree Brewery PLC
  • Ticker: HVTA
  • Exchange: AIM
  • Founded: 1790
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: UK£16.755m
  • Shares outstanding: 4.80m
  • Website: https://www.heavitreebrewery.co.uk

Number of Employees


Location

  • The Heavitree Brewery PLC
  • Trood Lane
  • Matford
  • Exeter
  • Devon
  • EX2 8YP
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HVTAIM (London Stock Exchange AIM Market)Ordinary SharesGBGBPJan 1992
HVTAAIM (London Stock Exchange AIM Market)YesClass A Limited Voting Ordinary SharesGBGBPJan 1992

Biography

The Heavitree Brewery PLC, together with its subsidiaries, leases and operates public houses in the United Kingdom. Its pubs offer various facilities, such as beer garden, children's play area, food, water ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 21:40
End of Day Share Price2020/10/30 00:00
Earnings2020/04/30
Annual Earnings2019/10/31


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.