AIM:APQ

Stock Analysis Report

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Executive Summary

APQ Global Limited, together with its subsidiary, APQ Partners LLP, primarily engages in the investment activities in Asia, Latin America, Eastern Europe, the Middle East, and Africa.


Snowflake Analysis

Overvalued with worrying balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: APQ's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

APQ

0.3%

GB Capital Markets

1.8%

GB Market


1 Year Return

-75.0%

APQ

11.9%

GB Capital Markets

-12.2%

GB Market

Return vs Industry: APQ underperformed the UK Capital Markets industry which returned 11.9% over the past year.

Return vs Market: APQ underperformed the UK Market which returned -12.2% over the past year.


Shareholder returns

APQIndustryMarket
7 Day0%0.3%1.8%
30 Day-12.5%8.7%6.5%
90 Day-74.3%2.2%-9.9%
1 Year-73.3%-75.0%14.5%11.9%-8.0%-12.2%
3 Year-79.6%-83.3%60.8%49.3%-5.6%-17.2%
5 Yearn/a126.4%101.0%11.2%-13.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: APQ is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

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


Price to Book Ratio

PB vs Industry: APQ is good value based on its PB Ratio (0.2x) compared to the GB Capital Markets industry average (1.6x).


Next Steps

Future Growth

How is APQ Global forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.7%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as APQ Global has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has APQ Global performed over the past 5 years?

-29.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: APQ is currently unprofitable.

Growing Profit Margin: APQ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: APQ is unprofitable, and losses have increased over the past 5 years at a rate of -29.6% per year.

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

Earnings vs Industry: APQ is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (16.4%).


Return on Equity

High ROE: APQ has a negative Return on Equity (-8.73%), as it is currently unprofitable.


Next Steps

Financial Health

How is APQ Global's financial position?


Financial Position Analysis

Short Term Liabilities: APQ's short term assets ($1.6M) exceed its short term liabilities ($868.4K).

Long Term Liabilities: APQ's short term assets ($1.6M) do not cover its long term liabilities ($32.3M).


Debt to Equity History and Analysis

Debt Level: APQ's debt to equity ratio (45.2%) is considered high.

Reducing Debt: Insufficient data to determine if APQ's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if APQ has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if APQ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is APQ Global's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

2.4yrs

Average board tenure


CEO

Bart Turtelboom (53yo)

3.08yrs

Tenure

US$401,934

Compensation

Dr. Bart Gerard Turtelboom, Ph.D. has been the Chief Executive Officer of APQ Global Limited since April 20, 2017. Dr. Turtelboom has been the Chief Executive Officer at Pbac Limited since March 15, 2016.  ...


CEO Compensation Analysis

Compensation vs Market: Bart's total compensation ($USD401.93K) is about average for companies of similar size in the UK market ($USD338.33K).

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


Board Members

NamePositionTenureCompensationOwnership
Bart Turtelboom
CEO & Executive Director3.08yrsUS$401.93k28.37% $3.9m
Wesley Davis
Finance Director & Executive Director1.33yrsno datano data
Wayne Bulpitt
Non-Executive Chairman3.08yrsUS$39.93k0.059% $8.1k
Al Wadhah Sulaiman Al-Adawi
Member of International Advisory Council2.58yrsno datano data
Philip Soulsby
Senior Independent Non-Executive Directorno dataUS$23.58kno data
Yan Lynn
Member of International Advisory Council2.75yrsno datano data
Tania Rotherwick
Chairwoman of International Advisory Councilno datano datano data
Dimieari Von Kemedi
Member of International Advisory Council2.17yrsno datano data
John Toshack
Member of International Advisory Council1.92yrsno datano data
Gregory Van Bergh
Member of International Advisory Councilno datano datano data

2.4yrs

Average Tenure

53yo

Average Age

Experienced Board: APQ'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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

APQ Global Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: APQ Global Limited
  • Ticker: APQ
  • Exchange: AIM
  • Founded: 2016
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£13.701m
  • Shares outstanding: 78.29m
  • Website: https://www.apqglobal.com

Location

  • APQ Global Limited
  • Tudor House
  • 1st Floor
  • St Peter Port
  • GY1 1DB
  • Guernsey

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
APQAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPAug 2016
480BST (Boerse-Stuttgart)YesOrdinary SharesDEEURAug 2016

Biography

APQ Global Limited, together with its subsidiary, APQ Partners LLP, primarily engages in the investment activities in Asia, Latin America, Eastern Europe, the Middle East, and Africa. It invests in equities and credit, and government and local currency bonds. The company was founded in 2016 and is based in St Peter Port, Guernsey. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 11:29
End of Day Share Price2020/05/27 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.