Market Cap
UK£2.4b
Last Updated
2021/05/07 01:29 UTC
Data Sources
Company Financials +
Executive Summary
Greggs plc operates as a bakery food-on-the-go retailer in the United Kingdom. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with adequate balance sheet.
Similar Companies
Share Price & News
How has Greggs's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GRG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GRG's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-1.2%
GRG
-0.7%
GB Hospitality
1.2%
GB Market
1 Year Return
46.6%
GRG
45.8%
GB Hospitality
25.5%
GB Market
Return vs Industry: GRG matched the UK Hospitality industry which returned 45.8% over the past year.
Return vs Market: GRG exceeded the UK Market which returned 25.5% over the past year.
Shareholder returns
| GRG | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.2% | -0.7% | 1.2% |
| 30 Day | 4.0% | -0.5% | 3.3% |
| 90 Day | 10.6% | 9.6% | 8.6% |
| 1 Year | 46.6%46.6% | 49.4%45.8% | 31.0%25.5% |
| 3 Year | 131.9%121.4% | 12.7%2.4% | 11.9%-1.0% |
| 5 Year | 135.0%112.3% | 39.1%17.6% | 50.5%22.0% |
Long-Term Price Volatility Vs. Market
How volatile is Greggs's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Greggs plc's (LON:GRG) Intrinsic Value Is Potentially 19% Below Its Share Price3 weeks ago | Simply Wall St
Is Greggs plc (LON:GRG) Potentially Undervalued?1 month ago | Simply Wall St
This Insider Has Just Sold Shares In Greggs plc (LON:GRG)Valuation
Is Greggs undervalued compared to its fair value and its price relative to the market?
7.33x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: GRG (£23.31) is trading above our estimate of fair value (£18.86)
Significantly Below Fair Value: GRG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GRG is unprofitable, so we can't compare its PE Ratio to the GB Hospitality industry average.
PE vs Market: GRG 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 GRG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GRG is overvalued based on its PB Ratio (7.3x) compared to the GB Hospitality industry average (2.5x).
Future Growth
How is Greggs forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
98.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GRG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: GRG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GRG's is expected to become profitable in the next 3 years.
Revenue vs Market: GRG's revenue (12.5% per year) is forecast to grow faster than the UK market (5.3% per year).
High Growth Revenue: GRG's revenue (12.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GRG's Return on Equity is forecast to be high in 3 years time (23.2%)
Past Performance
How has Greggs performed over the past 5 years?
-12.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GRG is currently unprofitable.
Growing Profit Margin: GRG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GRG is unprofitable, and losses have increased over the past 5 years at a rate of 12.7% per year.
Accelerating Growth: Unable to compare GRG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GRG is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-80.6%).
Return on Equity
High ROE: GRG has a negative Return on Equity (-4.04%), as it is currently unprofitable.
Financial Health
How is Greggs's financial position?
Financial Position Analysis
Short Term Liabilities: GRG's short term assets (£98.7M) do not cover its short term liabilities (£144.1M).
Long Term Liabilities: GRG's short term assets (£98.7M) do not cover its long term liabilities (£264.0M).
Debt to Equity History and Analysis
Debt Level: GRG is debt free.
Reducing Debt: GRG had no debt 5 years ago.
Debt Coverage: GRG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GRG has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Greggs's current dividend yield, its reliability and sustainability?
1.47%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GRG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GRG'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 GRG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GRG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GRG is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GRG'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?
9.8yrs
Average management tenure
CEO
Roger Whiteside (62 yo)
8.25yrs
Tenure
UK£2,530,080
Compensation
Mr. Roger Whiteside, OBE, has been the Chief Executive Officer of Greggs plc since February 4, 2013. Mr. Whiteside served as the Chief Executive Officer of Punch Taverns plc from August 2011 to February 1,...
CEO Compensation Analysis
Compensation vs Market: Roger's total compensation ($USD3.51M) is above average for companies of similar size in the UK market ($USD1.67M).
Compensation vs Earnings: Roger's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: GRG's management team is seasoned and experienced (9.8 years average tenure).
Board Members
Experienced Board: GRG's board of directors are considered experienced (7.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GRG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Greggs plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Greggs plc
- Ticker: GRG
- Exchange: LSE
- Founded: 1939
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: UK£2.363b
- Shares outstanding: 101.38m
- Website: https://corporate.greggs.co.uk
Number of Employees
Location
- Greggs plc
- Greggs House
- Quorum Business Park
- Newcastle upon Tyne
- Tyne and Wear
- NE12 8BU
- United Kingdom
Listings
Biography
Greggs plc operates as a bakery food-on-the-go retailer in the United Kingdom. It offers a range of fresh and frozen bakery products, sandwiches, and drinks. The company sells its products through its shop...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/07 01:29 |
| End of Day Share Price | 2021/05/06 00:00 |
| Earnings | 2021/01/02 |
| Annual Earnings | 2021/01/02 |
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.