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Market Cap

UK£680.5m

Last Updated

2021/05/13 01:17 UTC

Data Sources

Company Financials +

Executive Summary

On the Beach Group plc operates as an online retailer of short-haul beach holidays under the On the Beach brand name. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

How has On the Beach Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OTB is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: OTB's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.


Market Performance


7 Day Return

10.8%

OTB

-3.1%

GB Hospitality

-0.7%

GB Market


1 Year Return

92.0%

OTB

55.2%

GB Hospitality

28.0%

GB Market

Return vs Industry: OTB exceeded the UK Hospitality industry which returned 55.6% over the past year.

Return vs Market: OTB exceeded the UK Market which returned 24.2% over the past year.


Shareholder returns

OTBIndustryMarket
7 Day10.8%-3.1%-0.7%
30 Day8.5%-3.4%1.8%
90 Day45.0%8.8%6.4%
1 Year92.0%92.0%59.1%55.2%33.4%28.0%
3 Year-12.7%-13.9%7.4%-2.3%10.6%-2.0%
5 Year52.3%47.9%32.4%11.7%49.8%21.6%

Long-Term Price Volatility Vs. Market

How volatile is On the Beach Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is On the Beach Group undervalued compared to its fair value and its price relative to the market?

4.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: OTB (£4.32) is trading above our estimate of fair value (£1.8)

Significantly Below Fair Value: OTB is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: OTB is overvalued based on its PB Ratio (4.5x) compared to the GB Hospitality industry average (2.4x).


Future Growth

How is On the Beach Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

73.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: OTB's revenue (37.3% per year) is forecast to grow faster than the UK market (5.2% per year).

High Growth Revenue: OTB's revenue (37.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OTB's Return on Equity is forecast to be low in 3 years time (13.7%).


Past Performance

How has On the Beach Group performed over the past 5 years?

-24.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OTB is currently unprofitable.

Growing Profit Margin: OTB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OTB is unprofitable, and losses have increased over the past 5 years at a rate of 24.5% per year.

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

Earnings vs Industry: OTB is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-80.6%).


Return on Equity

High ROE: OTB has a negative Return on Equity (-25.46%), as it is currently unprofitable.


Financial Health

How is On the Beach Group's financial position?


Financial Position Analysis

Short Term Liabilities: OTB's short term assets (£172.0M) exceed its short term liabilities (£103.3M).

Long Term Liabilities: OTB's short term assets (£172.0M) exceed its long term liabilities (£6.4M).


Debt to Equity History and Analysis

Debt Level: OTB is debt free.

Reducing Debt: OTB has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.

Debt Coverage: OTB has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: OTB has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is On the Beach Group current dividend yield, its reliability and sustainability?

0.47%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

1.7yrs

Average management tenure


CEO

Simon Cooper

no data

Tenure

UK£89,000

Compensation

Mr. Simon Cooper is the Founder of On the Beach Group plc since 2003 and serves as its Chief Executive Officer. Mr. Cooper serves as the Chief Executive Officer of On The Beach Limited. He operated On the ...


CEO Compensation Analysis

Compensation vs Market: Simon's total compensation ($USD125.45K) is below average for companies of similar size in the UK market ($USD959.49K).

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


Leadership Team

Experienced Management: OTB's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: OTB's board of directors are not considered experienced ( 2.4 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: OTB insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20%.


Top Shareholders

Company Information

On the Beach Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: On the Beach Group plc
  • Ticker: OTB
  • Exchange: LSE
  • Founded: 2003
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: UK£680.475m
  • Shares outstanding: 157.52m
  • Website: https://www.onthebeachgroupplc.com

Number of Employees


Location

  • On the Beach Group plc
  • Aeroworks
  • 5 Adair Street
  • Manchester
  • Greater Manchester
  • M1 2NQ
  • United Kingdom

Listings


Biography

On the Beach Group plc operates as an online retailer of short-haul beach holidays under the On the Beach brand name. It operates through four segments: OTB, International, Classic, and CPH. The company pr...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/13 01:17
End of Day Share Price2021/05/12 00:00
Earnings2020/09/30
Annual Earnings2020/09/30


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.