AIM:ARDN

Stock Analysis Report

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Executive Summary

Arden Partners plc operates as a multi-service stockbroker that provides a range of financial services to corporate and institutional clients in the United Kingdom. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ARDN is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: ARDN's weekly volatility has decreased from 21% to 9% over the past year.


Market Performance


7 Day Return

0%

ARDN

-1.4%

GB Capital Markets

-0.4%

GB Market


1 Year Return

-25.0%

ARDN

-0.2%

GB Capital Markets

-10.1%

GB Market

Return vs Industry: ARDN underperformed the UK Capital Markets industry which returned -1.3% over the past year.

Return vs Market: ARDN underperformed the UK Market which returned -11% over the past year.


Shareholder returns

ARDNIndustryMarket
7 Day0%-1.4%-0.4%
30 Day8.0%7.3%13.4%
90 Day50.0%0.4%6.4%
1 Year-25.0%-25.0%3.2%-0.2%-6.5%-10.1%
3 Year-73.3%-74.8%24.9%10.2%1.5%-10.9%
5 Year-60.8%-63.0%66.3%36.6%27.4%-1.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Arden Partners 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 ARDN's fair value to establish if it is undervalued.

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ARDN is good value based on its PB Ratio (0.8x) compared to the GB Capital Markets industry average (1.3x).


Next Steps

Future Growth

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

16.6%

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 Arden Partners 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 Arden Partners performed over the past 5 years?

-19.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ARDN is currently unprofitable.

Growing Profit Margin: ARDN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ARDN is unprofitable, and losses have increased over the past 5 years at a rate of 19% per year.

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

Earnings vs Industry: ARDN is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (2.9%).


Return on Equity

High ROE: ARDN has a negative Return on Equity (-54.68%), as it is currently unprofitable.


Next Steps

Financial Health

How is Arden Partners's financial position?


Financial Position Analysis

Short Term Liabilities: ARDN's short term assets (£7.6M) exceed its short term liabilities (£3.5M).

Long Term Liabilities: ARDN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ARDN is debt free.

Reducing Debt: ARDN had no debt 5 years ago.


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: Whilst unprofitable ARDN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ARDN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 39.9% per year.


Next Steps

Dividend

What is Arden Partners's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

3.5yrs

Average management tenure


CEO

Donald Brown (50 yo)

3.5yrs

Tenure

UK£265,000

Compensation


CEO Compensation Analysis

Compensation vs Market: Donald's total compensation ($USD353.21K) is about average for companies of similar size in the UK market ($USD344.94K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Donald Brown
CEO & Director3.5yrsUK£265.00k2.43%
£ 97.2k
Steven Douglas
Group Finance Director1.92yrsUK£185.32k1.5%
£ 59.8k
James Reed-Daunter
Executive Director8.42yrsUK£223.00k9.76%
£ 390.0k
Mark Pilcher
Director of Market Makingno datano datano data
Mark Braddock
Head of Tradingno datano datano data
Ed Walsh
Head of Equity Sales8.83yrsno datano data
Timothy Dainton
Head of Distributionno datano datano data
Simon Johnson
Head of Corporate Brokingno datano datano data
John Llewellyn-Lloyd
Director of Corporate Finance & Head of Professional Servicesno datano datano data
Ruari McGirr
Joint Head of Corporate Financeno datano datano data
Paul Shackleton
Joint Head of Corporate Financeno datano datano data
Daniel Slater
Research Directorno datano datano data

3.5yrs

Average Tenure

50yo

Average Age

Experienced Management: ARDN's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Donald Brown
CEO & Director3.5yrsUK£265.00k2.43%
£ 97.2k
Steven Douglas
Group Finance Director1.92yrsUK£185.32k1.5%
£ 59.8k
James Reed-Daunter
Executive Director8.42yrsUK£223.00k9.76%
£ 390.0k
Alistair Malcolm Currie
Independent Non-Executive Director1.08yrsUK£32.00k0.34%
£ 13.5k
Mark Ansell
Independent Non-Executive Chairman2.5yrsUK£55.00k0.52%
£ 20.9k

2.5yrs

Average Tenure

50yo

Average Age

Experienced Board: ARDN's board of directors are not considered experienced ( 2.5 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 been diluted in the past year, with total shares outstanding growing by 7.2%.


Top Shareholders

Company Information

Arden Partners plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Arden Partners plc
  • Ticker: ARDN
  • Exchange: AIM
  • Founded: 2002
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: UK£3.995m
  • Shares outstanding: 29.59m
  • Website: https://www.arden-partners.com

Number of Employees


Location

  • Arden Partners plc
  • 5 George Road
  • Edgbaston
  • Birmingham
  • West Midlands
  • B15 1NP
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ARDNAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJul 2006

Biography

Arden Partners plc operates as a multi-service stockbroker that provides a range of financial services to corporate and institutional clients in the United Kingdom. The company is involved in the equity re...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 18:49
End of Day Share Price2020/11/26 00:00
Earnings2020/04/30
Annual Earnings2019/10/31


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.