LSE:SPO

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Executive Summary

Sportech PLC, a sports entertainment company, provides technology solutions for gaming companies, sports teams, racetracks, and casinos and lottery clients in the United Kingdom, North America, South America, Europe, and internationally.


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SPO has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.2%

SPO

9.7%

GB Hospitality

1.1%

GB Market


1 Year Return

-51.1%

SPO

-37.5%

GB Hospitality

-11.5%

GB Market

Return vs Industry: SPO underperformed the UK Hospitality industry which returned -37.5% over the past year.

Return vs Market: SPO underperformed the UK Market which returned -11.5% over the past year.


Shareholder returns

SPOIndustryMarket
7 Day4.2%9.7%1.1%
30 Day-6.9%2.1%0.6%
90 Day-4.2%-2.0%3.6%
1 Year-51.1%-51.1%-35.4%-37.5%-7.9%-11.5%
3 Year-76.8%-83.2%-25.1%-32.2%-5.1%-16.5%
5 Year-67.1%-76.1%-6.5%-23.3%14.8%-10.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Sportech undervalued compared to its fair value and its price relative to the market?

0.8x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SPO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SPO's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SPO is good value based on its PB Ratio (0.8x) compared to the GB Hospitality industry average (1.2x).


Next Steps

Future Growth

How is Sportech forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

5.0%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if SPO's forecast earnings growth is above the savings rate (1.2%).

Earnings vs Market: Insufficient data to determine if SPO's earnings are forecast to grow faster than the UK market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SPO's revenue (5% per year) is forecast to grow faster than the UK market (4.8% per year).

High Growth Revenue: SPO's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SPO's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Sportech performed over the past 5 years?

16.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SPO is currently unprofitable.

Growing Profit Margin: SPO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SPO is unprofitable, but has reduced losses over the past 5 years at a rate of 16.4% per year.

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

Earnings vs Industry: SPO is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-22.5%).


Return on Equity

High ROE: SPO has a negative Return on Equity (-38.09%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sportech's financial position?


Financial Position Analysis

Short Term Liabilities: SPO's short term assets (£25.8M) exceed its short term liabilities (£19.7M).

Long Term Liabilities: SPO's short term assets (£25.8M) exceed its long term liabilities (£9.1M).


Debt to Equity History and Analysis

Debt Level: SPO is debt free.

Reducing Debt: SPO has no debt compared to 5 years ago when its debt to equity ratio was 58.9%.

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

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


Balance Sheet


Next Steps

Dividend

What is Sportech current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

1.6yrs

Average management tenure


CEO

Richard McGuire (54 yo)

1.08yrs

Tenure

UK£522,000

Compensation

Mr. Richard Anthony McGuire serves as the President of Tavistock Europe. Mr. McGuire has been the Chief Executive Officer at Sportech PLC since July 2, 2019 and was its Interim Executive Chairman since Nov ...


CEO Compensation Analysis

Compensation vs Market: Richard's total compensation ($USD682.83K) is above average for companies of similar size in the UK market ($USD358.32K).

Compensation vs Earnings: Richard's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Richard McGuire
CEO & Director1.08yrsUK£522.00k0.58%
£ 170.5k
Thomas Hearne
CFO & Director2.25yrsUK£261.00k0.013%
£ 3.9k
Andrew Lindley
Chief Operating Officer1.17yrsno datano data
Raj Sanjanwala
Chief Technology Officer1.58yrsno datano data
Rich Pingel
Chief Legal Officerno datano datano data
Jennifer Conning
Chief Marketing Officer2.58yrsno datano data
Karin Smith
Human Resources Director7.58yrsno datano data
Ted Taylor
President & MD of Sportech Venuesno datano datano data
Julian Bewley
Chief Commercial Officer1.17yrsno datano data
Dave Kurland
President of Bump 50:500.58yrno datano data
Nicola Rowlands
Group Financial Controllerno datano datano data
Lorne Weil
6.33yrsUK£20.00kno data

1.6yrs

Average Tenure

55yo

Average Age

Experienced Management: SPO's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Richard McGuire
CEO & Director1.08yrsUK£522.00k0.58%
£ 170.5k
Thomas Hearne
CFO & Director2.25yrsUK£261.00k0.013%
£ 3.9k
Giles Vardey
Non-Executive Chairman1.08yrsUK£90.00kno data
Ben Warn
Non-Executive Director0.17yrno datano data
Christian Rigg
Senior Independent Directorno dataUK£60.00kno data

1.7yrs

Average Tenure

54yo

Average Age

Experienced Board: SPO's board of directors are not considered experienced ( 1.7 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: 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.


Top Shareholders

Company Information

Sportech PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sportech PLC
  • Ticker: SPO
  • Exchange: LSE
  • Founded: 1923
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: UK£29.256m
  • Shares outstanding: 188.75m
  • Website: https://www.sportechplc.com

Number of Employees


Location

  • Sportech PLC
  • Icarus House
  • Hawkfield Business Park
  • Bristol
  • BS14 0BN
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SPOLSE (London Stock Exchange)YesOrdinary SharesGBGBPMar 1993
SPOZ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMar 1993
ROEADB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 1993
SPOLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPMar 1993

Biography

Sportech PLC, a sports entertainment company, provides technology solutions for gaming companies, sports teams, racetracks, and casinos and lottery clients in the United Kingdom, North America, South Ameri ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 21:23
End of Day Share Price2020/08/11 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.