NOT FOR DISTRIBUTION
Header cover image

Market Cap

UK£92.6m

Last Updated

2021/05/15 18:55 UTC

Data Sources

Company Financials

Executive Summary

Various Eateries PLC owns, develops, and operates restaurant and hotel sites in the United Kingdom. More Details


Snowflake Analysis

Worrying balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Various Eateries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VARE is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: VARE's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-7.1%

VARE

-3.9%

GB Hospitality

-1.2%

GB Market


1 Year Return

n/a

VARE

58.7%

GB Hospitality

27.6%

GB Market

Return vs Industry: Insufficient data to determine how VARE performed against the UK Hospitality industry.

Return vs Market: Insufficient data to determine how VARE performed against the UK Market.


Shareholder returns

VAREIndustryMarket
7 Day-7.1%-3.9%-1.2%
30 Day0%-3.0%0.6%
90 Day37.7%5.3%5.3%
1 Yearn/a62.9%58.7%33.1%27.6%
3 Yearn/a6.9%-2.7%11.1%-1.6%
5 Yearn/a32.5%11.6%48.7%20.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Various Eateries undervalued compared to its fair value and its price relative to the market?

3.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: VARE is overvalued based on its PB Ratio (3.4x) compared to the GB Hospitality industry average (2.4x).


Future Growth

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

60.3%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Various Eateries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Various Eateries performed over the past 5 years?

-20.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: VARE is currently unprofitable.

Growing Profit Margin: VARE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if VARE's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: VARE is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-72.9%).


Return on Equity

High ROE: VARE has a negative Return on Equity (-53.04%), as it is currently unprofitable.


Financial Health

How is Various Eateries's financial position?


Financial Position Analysis

Short Term Liabilities: VARE's short term assets (£26.2M) exceed its short term liabilities (£13.4M).

Long Term Liabilities: VARE's short term assets (£26.2M) do not cover its long term liabilities (£31.9M).


Debt to Equity History and Analysis

Debt Level: VARE's debt to equity ratio (45.5%) is considered high.

Reducing Debt: Insufficient data to determine if VARE's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: VARE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VARE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15% each year


Dividend

What is Various Eateries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

0.8yrs

Average board tenure


CEO

Yishay Malkov

1.33yrs

Tenure

Mr. Yishay Malkov has been the Chief Executive Officer of Various Eateries PLC since 2020 and also serves as its Director since August 28, 2020. Mr. Malkov was an officer in the Israeli navy until 1999 whe...


Board Members

Experienced Board: VARE's board of directors are not considered experienced ( 0.8 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: VARE only recently listed within the past 12 months.


Top Shareholders

Company Information

Various Eateries PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Various Eateries PLC
  • Ticker: VARE
  • Exchange: AIM
  • Founded: 2014
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: UK£92.569m
  • Shares outstanding: 89.01m
  • Website: https://www.variouseateries.co.uk

Number of Employees


Location

  • Various Eateries PLC
  • 20 St. Thomas Street
  • Runway East
  • London
  • Greater London
  • SE1 9RS
  • United Kingdom

Listings


Biography

Various Eateries PLC owns, develops, and operates restaurant and hotel sites in the United Kingdom. It operates two brands across eleven locations, which include Coppa Club, a multi-use, all-day concept th...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/15 18:55
End of Day Share Price2021/05/14 00:00
Earnings2020/09/27
Annual Earnings2020/09/27


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.