AIM:YNGN

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Executive Summary

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


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

3.9%

YNGN

5.4%

GB Hospitality

3.0%

GB Market


1 Year Return

-36.9%

YNGN

-29.0%

GB Hospitality

-11.7%

GB Market

Return vs Industry: YNGN underperformed the UK Hospitality industry which returned -29.8% over the past year.

Return vs Market: YNGN underperformed the UK Market which returned -12.4% over the past year.


Shareholder returns

YNGNIndustryMarket
7 Day3.9%5.4%3.0%
30 Day-4.9%-0.6%7.3%
90 Day-38.2%-25.4%-7.9%
1 Year-35.7%-36.9%-26.5%-29.0%-7.4%-11.7%
3 Year-27.5%-31.3%-22.4%-30.9%-4.7%-16.3%
5 Year-9.9%-17.9%-1.6%-19.2%14.1%-11.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

24.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: YNGN (£7.35) is trading below our estimate of fair value (£9.74)

Significantly Below Fair Value: YNGN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: YNGN is poor value based on its PE Ratio (19.1x) compared to the Hospitality industry average (17.8x).

PE vs Market: YNGN is poor value based on its PE Ratio (19.1x) compared to the UK market (14.7x).


Price to Earnings Growth Ratio

PEG Ratio: YNGN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: YNGN is good value based on its PB Ratio (0.9x) compared to the GB Hospitality industry average (1x).


Next Steps

Future Growth

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

-11.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: YNGN's earnings are forecast to decline over the next 3 years (-11.9% per year).

Earnings vs Market: YNGN's earnings are forecast to decline over the next 3 years (-11.9% per year).

High Growth Earnings: YNGN's earnings are forecast to decline over the next 3 years.

Revenue vs Market: YNGN's revenue (0.2% per year) is forecast to grow slower than the UK market (3.7% per year).

High Growth Revenue: YNGN's revenue (0.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: YNGN's Return on Equity is forecast to be low in 3 years time (2.2%).


Next Steps

Past Performance

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

4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YNGN has high quality earnings.

Growing Profit Margin: YNGN's current net profit margins (9.3%) are lower than last year (11.5%).


Past Earnings Growth Analysis

Earnings Trend: YNGN's earnings have grown by 4.6% per year over the past 5 years.

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

Earnings vs Industry: YNGN had negative earnings growth (-12.2%) over the past year, making it difficult to compare to the Hospitality industry average (-10.9%).


Return on Equity

High ROE: YNGN's Return on Equity (4.9%) is considered low.


Next Steps

Financial Health

How is Young's Brewery's financial position?


Financial Position Analysis

Short Term Liabilities: YNGN's short term assets (£22.0M) do not cover its short term liabilities (£46.4M).

Long Term Liabilities: YNGN's short term assets (£22.0M) do not cover its long term liabilities (£309.5M).


Debt to Equity History and Analysis

Debt Level: YNGN's debt to equity ratio (28.1%) is considered satisfactory.

Reducing Debt: YNGN's debt to equity ratio has reduced from 32.1% to 28.1% over the past 5 years.

Debt Coverage: YNGN's debt is well covered by operating cash flow (37.1%).

Interest Coverage: YNGN's interest payments on its debt are well covered by EBIT (7.5x coverage).


Balance Sheet


Next Steps

Dividend

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

1.80%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

3.7yrs

Average management tenure


CEO

Patrick Dardis (60yo)

3.83yrs

Tenure

UK£828,000

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 ($USD1.02M) is about average for companies of similar size in the UK market ($USD929.76K).

Compensation vs Earnings: Patrick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Patrick Dardis
Chief Executive & Executive Director3.83yrsUK£828.00k0.23% £1.1m
Tracy Read
Director of People & Director3.67yrsUK£364.04k0.026% £125.9k
Torquil Charles Florance Sligo-Young
Information Resources Executive & Executive Director23.33yrsUK£291.00k3.78% £18.3m
Mike Owen
CFO & Director0.67yrno data0.00063% £3.0k
Simon Dodd
COO & Director0.67yrno datano data
Anthony Schroeder
Company Secretary14.58yrsno datano data

3.7yrs

Average Tenure

50yo

Average Age

Experienced Management: YNGN's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Patrick Dardis
Chief Executive & Executive Director3.83yrsUK£828.00k0.23% £1.1m
Tracy Read
Director of People & Director3.67yrsUK£364.04k0.026% £125.9k
Torquil Charles Florance Sligo-Young
Information Resources Executive & Executive Director23.33yrsUK£291.00k3.78% £18.3m
Mike Owen
CFO & Director0.67yrno data0.00063% £3.0k
Simon Dodd
COO & Director0.67yrno datano data
Roger Lambert
Non-Executive Senior Independent Director8.83yrsUK£41.00k0.021% £101.1k
Ian McHoul
Independent Non-Executive Director2.33yrsUK£41.00kno data
Stephen Goodyear
Non-Executive Chairman3.08yrsUK£95.00k0.41% £2.0m
Patricia Corzine
Independent Non-Executive Director5.33yrsUK£41.00k0.012% £59.2k
Nick Miller
Non-Executive Director3.08yrsUK£41.00k0.12% £574.0k

3.4yrs

Average Tenure

59yo

Average Age

Experienced Board: YNGN's board of directors are considered experienced (3.4 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

Young & Co.'s Brewery, P.L.C.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Young & Co.'s Brewery, P.L.C.
  • Ticker: YNGN
  • Exchange: AIM
  • Founded: 1831
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: UK£483.318m
  • Shares outstanding: 49.01m
  • Website: https://www.youngs.co.uk

Number of Employees


Location

  • Young & Co.'s Brewery, P.L.C.
  • Riverside House
  • 26 Osiers Road
  • London
  • Greater London
  • SW18 1NH
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YNGNAIM (London Stock Exchange AIM Market)Non-Voting Ordinary SharesGBGBPJan 1992
YNGAAIM (London Stock Exchange AIM Market)YesA Ordinary SharesGBGBPJan 1992
YBYBST (Boerse-Stuttgart)YesA Ordinary SharesDEEURJan 1992

Biography

Young & Co.'s Brewery, P.L.C. operates and manages pubs and hotels in the United Kingdom. The company operates through two segments, Young’s 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. As of April 9, 2019, it had 201 managed pubs and 69 tenanted pubs primarily located in London and the South East. Young & Co.'s Brewery, P.L.C. was founded in 1831 and is based in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/30 21:39
End of Day Share Price2020/05/29 00:00
Earnings2019/09/30
Annual Earnings2019/04/01


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.