company background image
BPM

B.P. Marsh & Partners AIM:BPM Stock Report

Last Price

UK£3.10

Market Cap

UK£116.0m

7D

1.0%

1Y

0%

Updated

17 Aug, 2022

Data

Company Financials +
BPM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends0/6

BPM Stock Overview

B.P. Marsh & Partners PLC engages in the provision of consulting services, making and trading in investments, and financial services businesses in the United Kingdom and internationally.

B.P. Marsh & Partners Competitors

Price History & Performance

Summary of all time highs, changes and price drops for B.P. Marsh & Partners
Historical stock prices
Current Share PriceUK£3.10
52 Week HighUK£3.63
52 Week LowUK£2.72
Beta0.66
1 Month Change-0.32%
3 Month Change11.91%
1 Year Change0%
3 Year Change16.98%
5 Year Change40.24%
Change since IPO104.62%

Recent News & Updates

Shareholder Returns

BPMGB Capital MarketsGB Market
7D1.0%-0.4%-0.2%
1Y0%-13.9%-9.0%

Return vs Industry: BPM exceeded the UK Capital Markets industry which returned -13.1% over the past year.

Return vs Market: BPM exceeded the UK Market which returned -8.2% over the past year.

Price Volatility

Is BPM's price volatile compared to industry and market?
BPM volatility
BPM Average Weekly Movement2.9%
Capital Markets Industry Average Movement4.5%
Market Average Movement5.3%
10% most volatile stocks in GB Market10.9%
10% least volatile stocks in GB Market2.7%

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

Volatility Over Time: BPM's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199016Alice Hannah Foulkhttps://www.bpmarsh.co.uk

B.P. Marsh & Partners PLC engages in the provision of consulting services, making and trading in investments, and financial services businesses in the United Kingdom and internationally. The company primarily invests in financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers, and specialist advisory and consultancy firms. B.P.

B.P. Marsh & Partners Fundamentals Summary

How do B.P. Marsh & Partners's earnings and revenue compare to its market cap?
BPM fundamental statistics
Market CapUK£116.02m
Earnings (TTM)UK£17.48m
Revenue (TTM)UK£24.34m

6.6x

P/E Ratio

4.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BPM income statement (TTM)
RevenueUK£24.34m
Cost of RevenueUK£3.97m
Gross ProfitUK£20.37m
Other ExpensesUK£2.88m
EarningsUK£17.48m

Last Reported Earnings

Jan 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.47
Gross Margin83.69%
Net Profit Margin71.84%
Debt/Equity Ratio0%

How did BPM perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

6%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is BPM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BPM?

Other financial metrics that can be useful for relative valuation.

BPM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.1x
Enterprise Value/EBITDA4.9x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does BPM's PE Ratio compare to its peers?

BPM PE Ratio vs Peers
The above table shows the PE ratio for BPM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average22x
MANO Manolete Partners
30.6xn/aUK£112.7m
RMII RM Infrastructure Income
18.1xn/aUK£104.9m
REC Record
16.5x10.9%UK£142.1m
MGCI M&G Credit Income Investment Trust
23xn/aUK£138.4m
BPM B.P. Marsh & Partners
6.6xn/aUK£116.0m

Price-To-Earnings vs Peers: BPM is good value based on its Price-To-Earnings Ratio (6.6x) compared to the peer average (22x).


Price to Earnings Ratio vs Industry

How does BPM's PE Ratio compare vs other companies in the GB Capital Markets Industry?

Price-To-Earnings vs Industry: BPM is good value based on its Price-To-Earnings Ratio (6.6x) compared to the UK Capital Markets industry average (10.6x)


Price to Earnings Ratio vs Fair Ratio

What is BPM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BPM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BPM's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of BPM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BPM (£3.1) is trading below our estimate of fair value (£7.24)

Significantly Below Fair Value: BPM is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


Discover undervalued companies

Future Growth

How is B.P. Marsh & Partners forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.5%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if BPM's forecast earnings growth is above the savings rate (0.9%).

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

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

Revenue vs Market: BPM's revenue (8.5% per year) is forecast to grow faster than the UK market (4.6% per year).

High Growth Revenue: BPM's revenue (8.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BPM's Return on Equity is forecast to be low in 3 years time (10.7%).


Discover growth companies

Past Performance

How has B.P. Marsh & Partners performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-1.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BPM has high quality earnings.

Growing Profit Margin: BPM's current net profit margins (71.8%) are lower than last year (78.8%).


Past Earnings Growth Analysis

Earnings Trend: BPM's earnings have declined by 1.3% per year over the past 5 years.

Accelerating Growth: BPM's earnings growth over the past year (27.4%) exceeds its 5-year average (-1.3% per year).

Earnings vs Industry: BPM earnings growth over the past year (27.4%) exceeded the Capital Markets industry 24.3%.


Return on Equity

High ROE: BPM's Return on Equity (10.5%) is considered low.


Discover strong past performing companies

Financial Health

How is B.P. Marsh & Partners's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BPM's short term assets (£21.7M) exceed its short term liabilities (£1.8M).

Long Term Liabilities: BPM's short term assets (£21.7M) exceed its long term liabilities (£2.7M).


Debt to Equity History and Analysis

Debt Level: BPM is debt free.

Reducing Debt: BPM had no debt 5 years ago.

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

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


Balance Sheet


Discover healthy companies

Dividend

What is B.P. Marsh & Partners's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.90%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BPM's dividend (0.9%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.86%).

High Dividend: BPM's dividend (0.9%) is low compared to the top 25% of dividend payers in the UK market (5.13%).


Stability and Growth of Payments

Stable Dividend: BPM is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.

Growing Dividend: BPM is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: BPM is not paying a notable dividend for the UK market.


Cash Payout to Shareholders

Cash Flow Coverage: BPM is not paying a notable dividend for the UK market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.6yrs

Average management tenure


CEO

Alice Hannah Foulk (35 yo)

6.58yrs

Tenure

UK£368,696

Compensation

Ms. Alice Hannah Daisy Foulk, BA (Hons), is Managing Director since January 2016 and Director since February 2015 at B.P. Marsh & Partners PLC. She has been Managing Director of B. P. Marsh & Company Limit...


CEO Compensation Analysis

Compensation vs Market: Alice Hannah's total compensation ($USD444.11K) is above average for companies of similar size in the UK market ($USD335.96K).

Compensation vs Earnings: Alice Hannah's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: BPM's management team is seasoned and experienced (6.6 years average tenure).


Board Members

Experienced Board: BPM's board of directors are considered experienced (7.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BPM 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

B.P. Marsh & Partners PLC's employee growth, exchange listings and data sources


Key Information

  • Name: B.P. Marsh & Partners PLC
  • Ticker: BPM
  • Exchange: AIM
  • Founded: 1990
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: UK£116.017m
  • Shares outstanding: 37.42m
  • Website: https://www.bpmarsh.co.uk

Number of Employees


Location

  • B.P. Marsh & Partners PLC
  • 4 Matthew Parker Street
  • 5th Floor
  • London
  • Greater London
  • SW1H 9NP
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/17 00:00
End of Day Share Price2022/08/17 00:00
Earnings2022/01/31
Annual Earnings2022/01/31


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.