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CBP

Curtis Banks GroupAIM:CBP Stock Report

Market Cap

UK£183.9m

7D

6.7%

1Y

39.5%

Updated

25 Nov, 2021

Data

Company Financials +
CBP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends2/6

CBP Stock Overview

Curtis Banks Group plc, through its subsidiaries, provides pension administration services principally for self-invested personal pension schemes and small self-administered pension schemes in the United Kingdom.

Price History & Performance

Summary of all time highs, changes and price drops for Curtis Banks Group
Historical stock prices
Current Share PriceUK£2.72
52 Week HighUK£2.93
52 Week LowUK£1.95
Beta1.03
1 Month Change7.51%
3 Month Change4.22%
1 Year Change39.49%
3 Year Change-0.73%
5 Year Change35.32%
Change since IPO31.72%

Recent News & Updates

Sep 25
Curtis Banks Group (LON:CBP) Has Re-Affirmed Its Dividend Of UK£0.025

Curtis Banks Group (LON:CBP) Has Re-Affirmed Its Dividend Of UK£0.025

Curtis Banks Group plc's ( LON:CBP ) investors are due to receive a payment of UK£0.025 per share on 12th of November...

Shareholder Returns

CBPGB Diversified FinancialGB Market
7D6.7%-0.2%-1.3%
1Y39.5%0.2%17.9%

Return vs Industry: CBP exceeded the UK Diversified Financial industry which returned -1% over the past year.

Return vs Market: CBP exceeded the UK Market which returned 14.8% over the past year.

Price Volatility

Is CBP's price volatile compared to industry and market?
CBP volatility
CBP Average Weekly Movement4.7%
Diversified Financial Industry Average Movement4.0%
Market Average Movement4.8%
10% most volatile stocks in GB Market9.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: CBP is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CBP's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009823Will Selfhttps://www.curtisbanks.co.uk

Curtis Banks Group plc, through its subsidiaries, provides pension administration services principally for self-invested personal pension schemes and small self-administered pension schemes in the United Kingdom. The company operates in two segments, Pensions Administration and FinTech. It also offers IT software development, licenses, and consultancy services to businesses within the financial services sector; and legal and property valuation services.

Curtis Banks Group Fundamentals Summary

How do Curtis Banks Group's earnings and revenue compare to its market cap?
CBP fundamental statistics
Market CapUK£183.87m
Earnings (TTM)UK£6.53m
Revenue (TTM)UK£61.06m

27.7x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CBP income statement (TTM)
RevenueUK£61.06m
Cost of RevenueUK£0
Gross ProfitUK£61.06m
ExpensesUK£54.53m
EarningsUK£6.53m

Dividends

3.3%

Current Dividend Yield

91%

Payout Ratio

Valuation

Is Curtis Banks Group undervalued compared to its fair value and its price relative to the market?

1.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CBP (£2.72) is trading below our estimate of fair value (£2.75)

Significantly Below Fair Value: CBP is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CBP is poor value based on its PE Ratio (27.7x) compared to the UK Diversified Financial industry average (17x).

PE vs Market: CBP is poor value based on its PE Ratio (27.7x) compared to the UK market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: CBP is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: CBP is overvalued based on its PB Ratio (2.3x) compared to the GB Diversified Financial industry average (1.3x).


Future Growth

How is Curtis Banks Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

20.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBP's forecast earnings growth (20.8% per year) is above the savings rate (0.9%).

Earnings vs Market: CBP's earnings (20.8% per year) are forecast to grow faster than the UK market (12.7% per year).

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

Revenue vs Market: CBP's revenue (4.6% per year) is forecast to grow slower than the UK market (4.8% per year).

High Growth Revenue: CBP's revenue (4.6% 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 CBP's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Curtis Banks Group performed over the past 5 years?

10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBP has high quality earnings.

Growing Profit Margin: CBP's current net profit margins (10.7%) are lower than last year (14.8%).


Past Earnings Growth Analysis

Earnings Trend: CBP's earnings have grown by 10.8% per year over the past 5 years.

Accelerating Growth: CBP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CBP had negative earnings growth (-10.1%) over the past year, making it difficult to compare to the Diversified Financial industry average (-10.1%).


Return on Equity

High ROE: CBP's Return on Equity (8.1%) is considered low.


Financial Health

How is Curtis Banks Group's financial position?


Financial Position Analysis

Short Term Liabilities: CBP's short term assets (£430.6M) exceed its short term liabilities (£97.3M).

Long Term Liabilities: CBP's short term assets (£430.6M) do not cover its long term liabilities (£3.7B).


Debt to Equity History and Analysis

Debt Level: CBP has more cash than its total debt.

Reducing Debt: CBP's debt to equity ratio has reduced from 285.5% to 112.6% over the past 5 years.

Debt Coverage: CBP's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: CBP's interest payments on its debt are well covered by EBIT (7.8x coverage).


Balance Sheet


Dividend

What is Curtis Banks Group current dividend yield, its reliability and sustainability?

3.31%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CBP's dividend (3.31%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).

High Dividend: CBP's dividend (3.31%) is low compared to the top 25% of dividend payers in the UK market (4.08%).


Stability and Growth of Payments

Stable Dividend: CBP has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CBP's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (90.9%), CBP's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CBP's dividends in 3 years are forecast to be covered by earnings (52.5% payout ratio).


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Will Self

2.83yrs

Tenure

UK£513,256

Compensation

Mr. William Arthur Self, also known as Will, has been Chief Executive Officer at Curtis Banks Group plc since January 2019 and served as its Deputy Chief Executive Officer since August 30, 2016 until Janua...


CEO Compensation Analysis

Compensation vs Market: Will's total compensation ($USD683.85K) is about average for companies of similar size in the UK market ($USD559.12K).

Compensation vs Earnings: Will's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CBP's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: CBP's board of directors are considered experienced (3.5 years average tenure).


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

Curtis Banks Group plc's employee growth, exchange listings and data sources


Key Information

  • Name: Curtis Banks Group plc
  • Ticker: CBP
  • Exchange: AIM
  • Founded: 2009
  • Industry: Other Diversified Financial Services
  • Sector: Diversified Financials
  • Market Cap: UK£183.866m
  • Shares outstanding: 66.62m
  • Website: https://www.curtisbanks.co.uk

Number of Employees


Location

  • Curtis Banks Group plc
  • 3 Temple Quay
  • Temple Back East
  • Bristol
  • BS1 6DZ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/25 21:51
End of Day Share Price2021/11/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.