Kindred Group plc operates an online gambling business primarily in Europe, Australia, and the United States.
+ 1 more risk
High growth potential and fair value.
Share Price & News
How has Kindred Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0RDS's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0RDS matched the UK Hospitality industry which returned -29.7% over the past year.
Return vs Market: 0RDS underperformed the UK Market which returned -12.8% over the past year.
Price Volatility Vs. Market
How volatile is Kindred Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Kindred Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 0RDS (SEK50.62) is trading below our estimate of fair value (SEK65.6)
Significantly Below Fair Value: 0RDS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0RDS is poor value based on its PE Ratio (23x) compared to the Hospitality industry average (17.8x).
PE vs Market: 0RDS is poor value based on its PE Ratio (23x) compared to the UK market (14.6x).
Price to Earnings Growth Ratio
PEG Ratio: 0RDS is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 0RDS is overvalued based on its PB Ratio (4.1x) compared to the GB Hospitality industry average (1x).
How is Kindred Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0RDS's forecast earnings growth (30% per year) is above the savings rate (1.2%).
Earnings vs Market: 0RDS's earnings (30% per year) are forecast to grow faster than the UK market (20.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 0RDS's revenue (12.4% per year) is forecast to grow faster than the UK market (3.6% per year).
High Growth Revenue: 0RDS's revenue (12.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0RDS's Return on Equity is forecast to be high in 3 years time (27.7%)
How has Kindred Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0RDS has a large one-off loss of £30.0M impacting its March 31 2020 financial results.
Growing Profit Margin: 0RDS's current net profit margins (4.5%) are lower than last year (12.6%).
Past Earnings Growth Analysis
Earnings Trend: 0RDS's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: 0RDS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0RDS had negative earnings growth (-63.6%) over the past year, making it difficult to compare to the Hospitality industry average (-10.9%).
Return on Equity
High ROE: 0RDS's Return on Equity (17.7%) is considered low.
How is Kindred Group's financial position?
Financial Position Analysis
Short Term Liabilities: 0RDS's short term assets (£216.7M) do not cover its short term liabilities (£286.6M).
Long Term Liabilities: 0RDS's short term assets (£216.7M) do not cover its long term liabilities (£244.9M).
Debt to Equity History and Analysis
Debt Level: 0RDS's debt to equity ratio (79.8%) is considered high.
Reducing Debt: Insufficient data to determine if 0RDS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 0RDS's debt is well covered by operating cash flow (64.2%).
Interest Coverage: 0RDS's interest payments on its debt are well covered by EBIT (14.3x coverage).
What is Kindred Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 0RDS's dividend (4.08%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).
High Dividend: 0RDS's dividend (4.08%) is low compared to the top 25% of dividend payers in the UK market (5.69%).
Stability and Growth of Payments
Stable Dividend: 0RDS's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0RDS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (93.9%), 0RDS's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0RDS's dividends in 3 years are forecast to be covered by earnings (81.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Henrik Tjärnström (49yo)
Mr. Henrik Tjärnström has been the Chief Executive Officer of Kindred Group plc since July 2010. Mr. Tjärnström serves as the Chief Executive Officer of Unibet (International) Ltd. He serves as a Business ...
CEO Compensation Analysis
Compensation vs Market: Henrik's total compensation ($USD1.94M) is about average for companies of similar size in the UK market ($USD1.76M).
Compensation vs Earnings: Henrik's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Co-Founder & Chairman||no data||UK£260.00k||3.04% £355.3m|
|Chief Executive Officer||9.92yrs||UK£1.56m||0.73% £84.8m|
|Interim Chief Financial Officer||0.33yr||no data||no data|
|Chief Technology Officer||5.42yrs||no data||0.0052% £610.7k|
|Chief Information Officer & Head of Business Development||no data||no data||no data|
|Group Head of Communications||no data||no data||no data|
|Chief Marketing Officer||1.42yrs||no data||0.00016% £18.7k|
|Chief HR Officer||8.42yrs||no data||0.0076% £889.7k|
|Chief Experience Officer||11.42yrs||no data||0.011% £1.2m|
|Head of IT Australia||no data||no data||no data|
Experienced Management: 0RDS's management team is seasoned and experienced (8.4 years average tenure).
|Co-Founder & Chairman||no data||UK£260.00k||3.04% £355.3m|
|Independent Director||2.08yrs||UK£91.60k||0.0035% £412.2k|
|Independent Non-Executive Director||18.42yrs||UK£83.60k||0.061% £7.2m|
|Non Executive Director||1.08yrs||UK£43.40k||0.0044% £514.9k|
|Independent Non-Executive Director||10.08yrs||UK£77.00k||0.24% £27.7m|
|Non Executive Director||1.08yrs||UK£49.70k||0.0022% £256.9k|
Experienced Board: 0RDS's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 0RDS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kindred Group plc's company bio, employee growth, exchange listings and data sources
- Name: Kindred Group plc
- Ticker: 0RDS
- Exchange: LSE
- Founded: 1997
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: kr11.676b
- Shares outstanding: 226.90m
- Website: https://www.kindredgroup.com
Number of Employees
- Kindred Group plc
- The Centre
- Level 6
- TPO 0001
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KIND SDB||OM (OMX Nordic Exchange Stockholm)||Yes||SDR EACH REP 1 GBP0.000625||SE||SEK||Jun 2004|
|0RDS||LSE (London Stock Exchange)||Yes||SDR EACH REP 1 GBP0.000625||GB||SEK||Jun 2004|
|UNBA||DB (Deutsche Boerse AG)||Yes||SDR EACH REP 1 GBP0.000625||DE||EUR||Jun 2004|
|KINDS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||SDR EACH REP 1 GBP0.000625||GB||SEK||Jun 2004|
Kindred Group plc operates an online gambling business primarily in Europe, Australia, and the United States. The company offers pre-game and live sports betting, including horse racing betting; poker; casino and games; and bingo through various brands, such as the 32 Red, bingo.com, Bohemia Casino, Casinohuone, Pokerhuone, Bingohuone, iGame, Kolikkopelit, Maria Casino, RoxyPalace, Storspelare, Storspiller, Unibet, and Vlad Cazino. As of December 31, 2019, it had approximately 27 million registered customers worldwide. The company was formerly known as Unibet Group plc and changed its name to Kindred Group plc in December 2016. Kindred Group plc was founded in 1997 and is headquartered in Sliema, Malta.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/01 22:18|
|End of Day Share Price||2020/06/01 00:00|
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.