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Stride Gaming

AIM:STR
Snowflake Description

Excellent balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
STR
AIM
£88M
Market Cap
  1. Home
  2. GB
  3. Consumer Services
Company description

Stride Gaming Plc operates as an online gaming operator in the bingo-led and social gaming market in the United Kingdom and internationally. The last earnings update was 138 days ago. More info.


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STR Share Price and Events
7 Day Returns
0%
AIM:STR
-0.6%
GB Hospitality
-0.6%
GB Market
1 Year Returns
-27.6%
AIM:STR
-9.6%
GB Hospitality
-5.8%
GB Market
STR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Stride Gaming (STR) 0% -0.9% 0.4% -27.6% -55.7% -
GB Hospitality -0.6% -0.9% -2.8% -9.6% 10.2% 28.1%
GB Market -0.6% -2% 1.4% -5.8% 13.1% 1.3%
1 Year Return vs Industry and Market
  • STR underperformed the Hospitality industry which returned -9.6% over the past year.
  • STR underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5.8% over the past year.
Price Volatility
STR
Industry
5yr Volatility vs Market

Value

 Is Stride Gaming 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 Stride Gaming 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 Stride Gaming.

AIM:STR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.7%
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 AIM:STR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.916 (1 + (1- 19%) (5.03%))
0.969
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.969 * 6.65%)
7.67%

Discounted Cash Flow Calculation for AIM:STR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Stride Gaming 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.

AIM:STR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 7.67%)
2019 1.46 Est @ -40.74% 1.36
2020 1.05 Est @ -28.15% 0.91
2021 0.85 Est @ -19.33% 0.68
2022 0.73 Est @ -13.17% 0.55
2023 0.67 Est @ -8.85% 0.46
2024 0.63 Est @ -5.83% 0.40
2025 0.61 Est @ -3.71% 0.36
2026 0.59 Est @ -2.23% 0.33
2027 0.59 Est @ -1.19% 0.30
2028 0.58 Est @ -0.47% 0.28
Present value of next 10 years cash flows £5.63
AIM:STR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £0.58 × (1 + 1.23%) ÷ (7.67% – 1.23%)
£9.18
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £9.18 ÷ (1 + 7.67%)10
£4.38
AIM:STR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £5.63 + £4.38
£10.01
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £10.01 / 75.81
£0.13
AIM:STR Discount to Share Price
Calculation Result
Value per share (GBP) From above. £0.13
Current discount Discount to share price of £1.17
= -1 x (£1.17 - £0.13) / £0.13
-782.2%

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

  • The current share price of Stride Gaming is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Stride Gaming's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Stride Gaming's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:STR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-08-31) in GBP £0.00
AIM:STR Share Price ** AIM (2019-05-24) in GBP £1.17
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PE Ratio Median Figure of 34 Publicly-Listed Hospitality Companies 18.2x
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 Stride Gaming.

AIM:STR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:STR Share Price ÷ EPS (both in GBP)

= 1.17 ÷ 0.00

-286.45x

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

  • Stride Gaming is loss making, we can't compare its value to the GB Hospitality industry average.
  • Stride Gaming is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Stride Gaming's expected growth come at a high price?
Raw Data
AIM:STR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -286.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
91.7%per year
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PEG Ratio Median Figure of 28 Publicly-Listed Hospitality Companies 2.25x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 575 Publicly-Listed Companies 1.45x

*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 Stride Gaming, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Stride Gaming's assets?
Raw Data
AIM:STR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-08-31) in GBP £0.73
AIM:STR Share Price * AIM (2019-05-24) in GBP £1.17
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PB Ratio Median Figure of 54 Publicly-Listed Hospitality Companies 1.34x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,369 Publicly-Listed Companies 1.49x
AIM:STR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:STR Share Price ÷ Book Value per Share (both in GBP)

= 1.17 ÷ 0.73

1.6x

* Primary Listing of Stride Gaming.

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

  • Stride Gaming is overvalued based on assets compared to the GB Hospitality industry average.
X
Value checks
We assess Stride Gaming'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 Hospitality 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 Hospitality industry average (and greater than 0)? (1 check)
  5. Stride Gaming has a total score of 0/6, 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 Stride Gaming expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
91.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Stride Gaming expected to grow at an attractive rate?
  • Stride Gaming's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Stride Gaming's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Stride Gaming's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:STR Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:STR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 91.7%
AIM:STR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 6.7%
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 11.8%
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 5.7%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.8%
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
AIM:STR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:STR Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-08-31 98 6 1
2019-08-31 85 4 1
AIM:STR Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-08-31 85 5 0
2018-05-31 86 11 -5
2018-02-28 94 18 -21
2017-11-30 92 15 -23
2017-08-31 82 13 -15
2017-05-31 74 13 -8
2017-02-28 66 13 -1
2016-11-30 57 14 -1
2016-08-31 48 14 0
2016-05-31 43 11 -1
2016-02-29 38 8 -1
2015-11-30 33 6 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Stride Gaming's earnings are expected to grow significantly at over 20% yearly.
  • Stride Gaming's revenue is expected to grow by 6.7% 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
AIM:STR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Stride Gaming Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:STR Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-08-31 0.08 0.08 0.08 1.00
2019-08-31 0.05 0.05 0.05 1.00
AIM:STR Past Financials Data
Date (Data in GBP Millions) EPS *
2018-08-31 0.00
2018-05-31 -0.08
2018-02-28 -0.30
2017-11-30 -0.34
2017-08-31 -0.23
2017-05-31 -0.13
2017-02-28 -0.02
2016-11-30 -0.02
2016-08-31 -0.01
2016-05-31 -0.02
2016-02-29 -0.02
2015-11-30 -0.01

*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 Stride Gaming will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Stride Gaming'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.
Stride Gaming has a total score of 4/6, 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 Stride Gaming 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 Stride Gaming's growth in the last year to its industry (Hospitality).
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.
  • Stride Gaming does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Stride Gaming's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Stride Gaming's 1-year growth to the GB Hospitality industry average as it is not currently profitable.
Earnings and Revenue History
Stride Gaming'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 Stride Gaming Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:STR Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-08-31 85.48 -0.30 54.75
2018-05-31 85.92 -5.45 54.70
2018-02-28 94.46 -20.89 62.17
2017-11-30 92.19 -23.26 60.99
2017-08-31 81.82 -15.34 52.28
2017-05-31 73.68 -8.32 47.60
2017-02-28 65.54 -1.30 42.92
2016-11-30 56.67 -0.84 37.46
2016-08-31 47.80 -0.39 32.01
2016-05-31 42.72 -0.79 28.70
2016-02-29 37.65 -1.20 25.39
2015-11-30 32.73 -0.39 21.72
2015-08-31 27.81 0.42 18.05
2015-05-31 21.87 1.48 14.18
2015-02-28 15.93 2.54 10.32
2014-11-30 12.21 1.69 8.81
2014-08-31 8.49 0.85 7.30
2013-08-31 7.33 -1.89 9.22
2012-08-31 0.89 -1.65 2.54

*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.
  • It is difficult to establish if Stride Gaming has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Stride Gaming has efficiently used its assets last year compared to the GB Hospitality industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Stride Gaming improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Stride Gaming'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 Hospitality 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.
Stride Gaming has a total score of 0/6, 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 Stride Gaming'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 Stride Gaming's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Stride Gaming is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Stride Gaming's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Stride Gaming'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 9.6x 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 Stride Gaming Company Filings, last reported 8 months ago.

AIM:STR Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-08-31 55.80 4.44 28.71
2018-05-31 55.80 4.44 28.71
2018-02-28 61.90 5.43 27.92
2017-11-30 61.90 5.43 27.92
2017-08-31 54.92 6.42 26.18
2017-05-31 54.92 6.42 26.18
2017-02-28 59.57 7.91 19.20
2016-11-30 59.57 7.91 19.20
2016-08-31 69.19 8.00 21.08
2016-05-31 69.19 8.00 21.08
2016-02-29 33.33 8.00 9.88
2015-11-30 33.33 8.00 9.88
2015-08-31 30.80 9.08 7.39
2015-05-31 30.80 9.08 7.39
2015-02-28
2014-11-30 4.59 0.00
2014-08-31 4.59 0.00
2013-08-31 1.97 0.00
2012-08-31 1.11 0.00
  • Stride Gaming's level of debt (8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 8% today).
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.

  • Whilst loss making Stride Gaming has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Stride Gaming has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -12% per year.
X
Financial health checks
We assess Stride Gaming'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. Stride Gaming has a total score of 5/6, 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 Stride Gaming'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
2.58%
Current annual income from Stride Gaming dividends. Estimated to be 10.34% next year.
If you bought £2,000 of Stride Gaming shares you are expected to receive £52 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?
  • Stride Gaming's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.04%).
  • Stride Gaming's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.32%).
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
AIM:STR 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 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 3.2%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 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.

AIM:STR Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2020-08-31 0.09 1.00
2019-08-31 0.15 1.00
AIM:STR Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-01-08 0.030 2.610
2018-11-21 0.030 2.344
2017-11-21 0.027 1.777
2017-01-30 0.028 1.237
2016-11-28 0.028 1.231
2016-05-23 0.022 0.852

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

  • Whilst dividend payments have been stable, Stride Gaming has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Stride Gaming only paid a dividend in the past 3 years.
Current Payout to shareholders
What portion of Stride Gaming's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (2x coverage).
X
Income/ dividend checks
We assess Stride Gaming'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 Stride Gaming afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Stride Gaming has a total score of 2/6, 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 Stride Gaming'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
Stuart Boyd
COMPENSATION £507,000
AGE 45
CEO Bio

Mr. Stuart Eitan Boyd serves as Chief Executive Officer and Executive Director at Stride Gaming plc. Mr. Boyd has over 15 years of experience in the gambling sector. He was the founder of the GlobalCom bingo network, one of the largest bingo networks worldwide. He was responsible for building the Wink Bingo network until it was sold to 888.com in 2007. He served as a Director of Spacebar Media Ltd, WMC (UK) Ltd, Interactive Gaming Solutions Ltd and Aqua Online (Int.) Ltd. Mr. Boyd is a graduate of the Accelerated Development Program at Chicago Booth Business School (London, England) and holds a BA Honours degree in Economics from Tel Aviv University.

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

Stuart Boyd

TITLE
CEO & Executive Director
COMPENSATION
£507K
AGE
45

Ronen Kannor

TITLE
CFO, Secretary & Executive Director
COMPENSATION
£320K
AGE
41

Darren Sims

TITLE
COO & Executive Director
COMPENSATION
£497K
AGE
41

Alan Feldman

TITLE
Consultant
Board of Directors

Nigel Payne

TITLE
Non-Executive Chairman
COMPENSATION
£60K
AGE
58

Stuart Boyd

TITLE
CEO & Executive Director
COMPENSATION
£507K
AGE
45

Ronen Kannor

TITLE
CFO, Secretary & Executive Director
COMPENSATION
£320K
AGE
41

Darren Sims

TITLE
COO & Executive Director
COMPENSATION
£497K
AGE
41

John Le Poidevin

TITLE
Non-Executive Director
COMPENSATION
£47K
AGE
48

Adam Batty

TITLE
Non-Executive Director
COMPENSATION
£47K
AGE
46
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 (£)
01. May 19 Buy J O Hambro Capital Management Limited Company 30. Apr 19 30. Apr 19 9,000 £1.15 £10,350
10. Apr 19 Buy J O Hambro Capital Management Limited Company 09. Apr 19 09. Apr 19 36,000 £1.14 £40,928
X
Management checks
We assess Stride Gaming'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. Stride Gaming 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

Is Stride Gaming Plc's (LON:STR) CEO Paid At A Competitive Rate?

The CEO of Stride Gaming Plc (LON:STR) is Stuart Boyd. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Stuart Boyd's Compensation Compare With Similar Sized Companies?

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Could Stride Gaming Plc's (LON:STR) Investor Composition Influence The Stock Price?

A look at the shareholders of Stride Gaming Plc (LON:STR) can tell us which group is most powerful. … Stride Gaming is not a large company by global standards. … View our latest analysis for Stride Gaming

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Zooming in on LON:STR's 2.6% Dividend Yield

Stride Gaming Plc (LON:STR) has recently paid dividends to shareholders, and currently yields 2.6%. … Let's take a look at Stride Gaming in more detail. … See our latest analysis for Stride Gaming

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Why We Like Stride Gaming plc’s (LON:STR) 18% Return On Capital Employed

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … What is Return On Capital Employed (ROCE)? … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

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Who Really Owns Stride Gaming plc (LON:STR)?

In this article, I'm going to take a look at Stride Gaming plc’s (LON:STR) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Check out our latest analysis for Stride Gaming

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Interested In Stride Gaming plc (LON:STR)’s Upcoming UK£0.013 Dividend? You Have 2 Days Left

Stride Gaming plc (LON:STR) will be distributing its dividend of UK£0.013 per share on the 01 August 2018, and will start trading ex-dividend in 2 days time on the 05 July 2018. … Below, I'm going to look at the latest data and analyze the stock and its dividend property in further detail. … 5 checks you should use to assess a dividend stock

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Are Stride Gaming plc's (LON:STR) Interest Costs Too High?

Investors are always looking for growth in small-cap stocks like Stride Gaming plc (LON:STR), with a market cap of UK£113.33m. … However, an important fact which most ignore is: how financially healthy is the business?

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Is Stride Gaming plc's (LON:STR) Balance Sheet Strong Enough To Weather A Storm?

On top of this, STR has produced cash from operations of UK£12.85M in the last twelve months, resulting in an operating cash to total debt ratio of 200.23%, signalling that STR’s current level of operating cash is high enough to cover debt. … In STR’s case, it is able to generate 2x cash from its debt capital. … Risk around debt is very low for STR, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: STR’s high cash coverage and low debt levels indicate its ability to utilise its borrowings efficiently in order to generate ample cash flow.

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Stride Gaming plc (LON:STR): When Will It Breakeven?

Stride Gaming plc's (AIM:STR): Stride Gaming plc operates as an online gaming operator in the bingo-led and social gaming market in the United Kingdom and internationally. … Check out our latest analysis for Stride Gaming According to the industry analysts covering STR, breakeven is near. … AIM:STR Past Future Earnings Mar 6th 18 I’m not going to go through company-specific developments for STR given that this is a high-level summary, but, bear in mind that generally a high forecast growth rate is not unusual for a company that is currently undergoing an investment period.

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What Can We Expect for Stride Gaming plc (LON:STR) Moving Forward?

Below, I will examine the sector growth prospects, as well as evaluate whether Stride Gaming is lagging or leading its competitors in the industry. … Check out our latest analysis for Stride Gaming What’s the catalyst for Stride Gaming's sector growth? … If your initial investment thesis is around the growth prospects of Stride Gaming, there are other leisure companies that have delivered higher growth, and perhaps trading at a discount to the industry average.

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Company Info

Description

Stride Gaming Plc operates as an online gaming operator in the bingo-led and social gaming market in the United Kingdom and internationally. The company offers online, real money, bingo-led, and social gaming services. Its online bingo brands include Kitty Bingo, Lucky Pants Bingo, Bingo Extra, Jackpot Café, Jackpot Liner, and King Jackpot; and online casino brands comprise Spin and Win, Magical Vegas, and Big Top, as well as Lucky VIP Casino, Giveback Bingo, Aspers Casino, and King Jack Casino brands. It also provides Online RMG bingo, a multiplayer pool-based game, as well as operates various casinos and slot sites. The company was founded in 2012 and is headquartered in London, the United Kingdom.

Details
Name: Stride Gaming Plc
STR
Exchange: AIM
Founded: 2012
£88,313,449
75,805,536
Website: http://www.stridegaming.com
Address: Stride Gaming Plc
Highgate Studios 53-79,
Unit 450,
London,
Greater London, NW5 1TL,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM STR Ordinary Shares London Stock Exchange AIM Market GB GBP 19. May 2015
BST 924 Ordinary Shares Boerse-Stuttgart DE EUR 19. May 2015
Number of employees
Current staff
Staff numbers
370
Stride Gaming employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 22:07
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/02/06
Last earnings filing: 2019/01/08
Last earnings reported: 2018/08/31
Last annual earnings reported: 2018/08/31


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.