Young's Brewery (AIM:YNGA) - Share price, News & Analysis

YNGA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	4/6
Dividends	2/6

YNGA Stock Overview

Young & Co.'s Brewery, P.L.C. operates and manages pubs and hotels in the United Kingdom.

Rewards

Trading at 11.5% below our estimate of its fair value

Earnings are forecast to grow 43.12% per year

Risk Analysis

No risks detected for YNGA from our risk checks.

Young's Brewery Competitors

Anheuser-Busch InBev

ENXTBR:ABI

€105.9b

Diageo

LSE:DGE

UK£87.6b

Constellation Brands

NYSE:STZ

US$47.0b

Heineken Holding

ENXTAM:HEIO

€21.4b

Price History & Performance

Summary of all time highs, changes and price drops for Young's Brewery
Historical stock prices
Current Share Price	UK£13.40
52 Week High	UK£16.85
52 Week Low	UK£12.86
Beta	1.33
1 Month Change	-7.20%
3 Month Change	-11.26%
1 Year Change	-10.37%
3 Year Change	-27.86%
5 Year Change	0%
Change since IPO	1,040.43%

Recent News & Updates

Jan 05

Young's Brewery (LON:YNGA) Is Making Moderate Use Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Dec 09

Is There Now An Opportunity In Young & Co.'s Brewery, P.L.C. (LON:YNGA)?

While Young & Co.'s Brewery, P.L.C. ( LON:YNGA ) might not be the most widely known stock at the moment, it saw...

Nov 04

Young & Co.'s Brewery, P.L.C. (LON:YNGA) Shares Could Be 28% Above Their Intrinsic Value Estimate

Does the November share price for Young & Co.'s Brewery, P.L.C. ( LON:YNGA ) reflect what it's really worth? Today, we...

Shareholder Returns

	YNGA	GB Hospitality	GB Market
7D	-4.3%	4.6%	0.2%
1Y	-10.4%	-11.8%	-3.8%

Return vs Industry: YNGA exceeded the UK Hospitality industry which returned -11.8% over the past year.

Return vs Market: YNGA underperformed the UK Market which returned -3.8% over the past year.

Price Volatility

Is YNGA's price volatile compared to industry and market?
YNGA volatility
YNGA Average Weekly Movement	4.1%
Hospitality Industry Average Movement	6.2%
Market Average Movement	6.1%
10% most volatile stocks in GB Market	11.7%
10% least volatile stocks in GB Market	3.1%

Stable Share Price: YNGA is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: YNGA's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1831	4,185	Patrick Dardis	https://www.youngs.co.uk

Young & Co.'s Brewery, P.L.C. operates and manages pubs and hotels in the United Kingdom. The company operates in two segments, Managed Houses and Ram Pub Company. It sells drinks and food, as well as provides accommodation services; and owns, leases, and sub leases its owned or leased pubs to third parties.

Young's Brewery Fundamentals Summary

How do Young's Brewery's earnings and revenue compare to its market cap?
YNGA fundamental statistics
Market Cap	UK£641.48m
Earnings (TTM)	-UK£8.20m
Revenue (TTM)	UK£187.50m

4.2x

P/S Ratio

-95.6x

P/E Ratio

Is YNGA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
YNGA income statement (TTM)
Revenue	UK£187.50m
Cost of Revenue	UK£211.90m
Gross Profit	-UK£24.40m
Other Expenses	-UK£16.20m
Earnings	-UK£8.20m

Last Reported Earnings

Sep 27, 2021

Next Earnings Date

May 19, 2022

Earnings per share (EPS)	-0.14
Gross Margin	-13.01%
Net Profit Margin	-4.37%
Debt/Equity Ratio	20.8%

How did YNGA perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

-61%

Payout Ratio

Valuation

Is Young's Brewery undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

11.5%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: YNGA (£13.4) is trading below our estimate of fair value (£15.15)

Significantly Below Fair Value: YNGA is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

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

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

Price to Book Ratio

PB vs Industry: YNGA is good value based on its PB Ratio (1.2x) compared to the GB Hospitality industry average (1.9x).

Future Growth

How is Young's Brewery forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

43.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: YNGA's revenue (13.8% per year) is forecast to grow faster than the UK market (4.1% per year).

High Growth Revenue: YNGA's revenue (13.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: YNGA's Return on Equity is forecast to be low in 3 years time (5.6%).

Past Performance

How has Young's Brewery performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-45.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: YNGA is currently unprofitable.

Growing Profit Margin: YNGA is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: YNGA is unprofitable, and losses have increased over the past 5 years at a rate of 45.4% per year.

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

Earnings vs Industry: YNGA is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (105.7%).

Return on Equity

High ROE: YNGA has a negative Return on Equity (-1.26%), as it is currently unprofitable.

Financial Health

How is Young's Brewery's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: YNGA's short term assets (£82.9M) exceed its short term liabilities (£45.8M).

Long Term Liabilities: YNGA's short term assets (£82.9M) do not cover its long term liabilities (£304.8M).

Debt to Equity History and Analysis

Debt Level: YNGA's net debt to equity ratio (10.3%) is considered satisfactory.

Reducing Debt: YNGA's debt to equity ratio has reduced from 31.4% to 20.8% over the past 5 years.

Debt Coverage: YNGA's debt is well covered by operating cash flow (33.5%).

Interest Coverage: Insufficient data to determine if YNGA's interest payments on its debt are well covered by EBIT.

Balance Sheet

Dividend

What is Young's Brewery current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

1.28%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: YNGA's dividend (1.28%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.78%).

High Dividend: YNGA's dividend (1.28%) is low compared to the top 25% of dividend payers in the UK market (4.85%).

Stability and Growth of Payments

Stable Dividend: YNGA's dividend payments have been volatile in the past 10 years.

Growing Dividend: YNGA's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: YNGA is paying a dividend but the company is unprofitable.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (57.1%), YNGA's dividend payments are covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Consumer Services industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure

CEO

Patrick Dardis (62 yo)

5.83yrs

Tenure

UK£437,000

Compensation

Mr. Patrick Dardis has been the Chief Executive at Young & Co.'s Brewery, P.L.C., since July 5, 2017. Mr. Dardis has been an Executive Director of Young & Co.'s Brewery, P.L.C. since July 17, 2003. He serv...

CEO Compensation Analysis

Compensation vs Market: Patrick's total compensation ($USD534.68K) is below average for companies of similar size in the UK market ($USD1.36M).

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

Leadership Team

Experienced Management: YNGA's management team is considered experienced (2.8 years average tenure).

Board Members

Experienced Board: YNGA's board of directors are considered experienced (5.1 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.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/15 00:00
End of Day Share Price	2022/05/13 00:00
Earnings	2021/09/27
Annual Earnings	2021/03/29