Alpha FX Group plc provides foreign exchange services in the United Kingdom and internationally. More Details
Flawless balance sheet with questionable track record.
Share Price & News
How has Alpha FX Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AFX is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AFX's weekly volatility (5%) has been stable over the past year.
7 Day Return
GB Capital Markets
1 Year Return
GB Capital Markets
Return vs Industry: AFX exceeded the UK Capital Markets industry which returned -0.1% over the past year.
Return vs Market: AFX exceeded the UK Market which returned -10% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Alpha FX Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StWhat Can We Conclude About Alpha FX Group's (LON:AFX) CEO Pay?
1 month ago | Simply Wall StNeed To Know: Alpha FX Group plc (LON:AFX) Insiders Have Been Selling Shares
2 months ago | Simply Wall StIntroducing Alpha FX Group (LON:AFX), The Stock That Zoomed 107% In The Last Three Years
Is Alpha FX Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AFX (£12.35) is trading above our estimate of fair value (£3.17)
Significantly Below Fair Value: AFX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AFX is poor value based on its PE Ratio (48.3x) compared to the GB Capital Markets industry average (19.3x).
PE vs Market: AFX is poor value based on its PE Ratio (48.3x) compared to the UK market (21.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AFX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AFX is overvalued based on its PB Ratio (6.4x) compared to the GB Capital Markets industry average (1.3x).
How is Alpha FX Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if AFX's forecast earnings growth is above the savings rate (1.2%).
Earnings vs Market: Insufficient data to determine if AFX'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: AFX's revenue (18.2% per year) is forecast to grow faster than the UK market (6.8% per year).
High Growth Revenue: AFX's revenue (18.2% 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 AFX's Return on Equity is forecast to be high in 3 years time
How has Alpha FX Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AFX has high quality earnings.
Growing Profit Margin: AFX's current net profit margins (25.6%) are lower than last year (33.6%).
Past Earnings Growth Analysis
Earnings Trend: AFX's earnings have grown significantly by 36.2% per year over the past 5 years.
Accelerating Growth: AFX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AFX had negative earnings growth (-2%) over the past year, making it difficult to compare to the Capital Markets industry average (1.8%).
Return on Equity
High ROE: AFX's Return on Equity (12%) is considered low.
How is Alpha FX Group's financial position?
Financial Position Analysis
Short Term Liabilities: AFX's short term assets (£180.6M) exceed its short term liabilities (£103.6M).
Long Term Liabilities: AFX's short term assets (£180.6M) exceed its long term liabilities (£7.7M).
Debt to Equity History and Analysis
Debt Level: AFX is debt free.
Reducing Debt: AFX has no debt compared to 5 years ago when its debt to equity ratio was 65.7%.
Debt Coverage: AFX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AFX has no debt, therefore coverage of interest payments is not a concern.
What is Alpha FX Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AFX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AFX'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 AFX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AFX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AFX is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AFX's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Morgan Tillbrook (37 yo)
Mr. Morgan J. Tillbrook Founded Alpha FX Group PLC in 2009 serves as Chief Executive Officer and Director since May 24, 2010. Mr. Tillbrook has been instrumental in the expansion of the Alpha FX Group and ...
CEO Compensation Analysis
Compensation vs Market: Morgan's total compensation ($USD537.27K) is below average for companies of similar size in the UK market ($USD1.05M).
Compensation vs Earnings: Morgan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Founder||no data||UK£402.75k||23.77% |
|CFO, Company Secretary & Director||4yrs||UK£223.24k||0.47% |
|Independent Non-Executive Chairman||3.58yrs||UK£30.00k||1.03% |
|Independent Non-Executive Director||3.67yrs||UK£45.42k||no data|
Experienced Board: AFX's board of directors are considered experienced (3.8 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.1%.
Alpha FX Group plc's company bio, employee growth, exchange listings and data sources
- Name: Alpha FX Group plc
- Ticker: AFX
- Exchange: AIM
- Founded: 2009
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: UK£483.489m
- Shares outstanding: 40.12m
- Website: https://www.alphafx.co.uk
Number of Employees
- Alpha FX Group plc
- Brunel Building
- 2 Canalside Walk
- Greater London
- W2 1DG
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AFX||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Apr 2017|
Alpha FX Group plc provides foreign exchange services in the United Kingdom and internationally. Its activities comprise initial design and implementation of hedging strategies, as well as ongoing manageme...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/30 18:48|
|End of Day Share Price||2020/11/30 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.