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Lighthouse Group

AIM:LGT
Snowflake Description

Flawless balance sheet established dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LGT
AIM
£42M
Market Cap
  1. Home
  2. GB
  3. Diversified Financials
Company description

Lighthouse Group plc provides financial advice to retail and corporate customers, and regulatory authorization and related services to financial advisers in the United Kingdom. The last earnings update was 40 days ago. More info.


Add to Portfolio Compare Print
  • Lighthouse Group has significant price volatility in the past 3 months.
LGT Share Price and Events
7 Day Returns
0%
AIM:LGT
2.3%
GB Capital Markets
0.6%
GB Market
1 Year Returns
50%
AIM:LGT
8.6%
GB Capital Markets
1.1%
GB Market
LGT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lighthouse Group (LGT) 0% 24.5% 26.9% 50% 125.6% 810.3%
GB Capital Markets 2.3% 10.1% 8% 8.6% 46.6% 74.4%
GB Market 0.6% 3.6% 6.9% 1.1% 15.6% 6.2%
1 Year Return vs Industry and Market
  • LGT outperformed the Capital Markets industry which returned 8.6% over the past year.
  • LGT outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
LGT
Industry
5yr Volatility vs Market

LGT Value

 Is Lighthouse Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Lighthouse Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Lighthouse Group.

AIM:LGT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= £0.08 * 27.2%
£0.02
Book Value of Equity per Share Median Book Value from the past 5 years. £0.08
Discount Rate (Cost of Equity) See below 6.7%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:LGT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.733 (1 + (1- 19%) (0%))
0.821
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.82
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.821 * 6.65%)
6.69%

Discounted Cash Flow Calculation for AIM:LGT using Excess Returns Model Model

The calculations below outline how an intrinsic value for Lighthouse Group is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

AIM:LGT Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (27.2% – 6.69%) * £0.08)
£0.02
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= £0.02 / (6.69% - 1.23%)
£0.29
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= £0.08 + £0.29
£0.37
AIM:LGT Discount to Share Price
Calculation Result
Value per share (GBP) From above. £0.37
Current discount Discount to share price of £0.33
= -1 x (£0.33 - £0.37) / £0.37
10.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Lighthouse Group is available for.
Intrinsic value
11%
Share price is £0.33 vs Future cash flow value of £0.36913
Current Discount Checks
For Lighthouse Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Lighthouse Group's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Lighthouse Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Lighthouse Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lighthouse Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:LGT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £0.02
AIM:LGT Share Price ** AIM (2019-04-18) in GBP £0.33
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry PE Ratio Median Figure of 45 Publicly-Listed Capital Markets Companies 19.22x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Lighthouse Group.

AIM:LGT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:LGT Share Price ÷ EPS (both in GBP)

= 0.33 ÷ 0.02

16.64x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Lighthouse Group is good value based on earnings compared to the GB Capital Markets industry average.
  • Lighthouse Group is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Lighthouse Group's expected growth come at a high price?
Raw Data
AIM:LGT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.64x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
8%per year
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry PEG Ratio Median Figure of 22 Publicly-Listed Capital Markets Companies 1.43x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

AIM:LGT PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.64x ÷ 8%

2.08x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Lighthouse Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Lighthouse Group's assets?
Raw Data
AIM:LGT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £0.11
AIM:LGT Share Price * AIM (2019-04-18) in GBP £0.33
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry PB Ratio Median Figure of 80 Publicly-Listed Capital Markets Companies 1.47x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.51x
AIM:LGT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:LGT Share Price ÷ Book Value per Share (both in GBP)

= 0.33 ÷ 0.11

3.03x

* Primary Listing of Lighthouse Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Lighthouse Group is overvalued based on assets compared to the GB Capital Markets industry average.
X
Value checks
We assess Lighthouse Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Lighthouse Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LGT Future Performance

 How is Lighthouse Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Lighthouse Group expected to grow at an attractive rate?
  • Lighthouse Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Lighthouse Group's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Lighthouse Group's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:LGT Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:LGT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 8%
AIM:LGT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 4.2%
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 14%
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 8.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:LGT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:LGT Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 61 4 3 1
2020-12-31 58 4 3 2
2019-12-31 55 3 2 2
AIM:LGT Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 53 3 3
2018-09-30 54 3 3
2018-06-30 55 3 3
2018-03-31 55 2 3
2017-12-31 54 1 3
2017-09-30 52 1 3
2017-06-30 50 1 3
2017-03-31 49 1 3
2016-12-31 48 1 3
2016-09-30 48 1 2
2016-06-30 49 1 1
2016-03-31 49 1 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Lighthouse Group's earnings are expected to grow by 8% yearly, however this is not considered high growth (20% yearly).
  • Lighthouse Group's revenue is expected to grow by 4.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:LGT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Lighthouse Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:LGT Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.02 0.02 0.02 1.00
2020-12-31 0.02 0.02 0.02 2.00
2019-12-31 0.02 0.02 0.02 2.00
AIM:LGT Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 0.02
2018-09-30 0.02
2018-06-30 0.02
2018-03-31 0.02
2017-12-31 0.02
2017-09-30 0.02
2017-06-30 0.02
2017-03-31 0.02
2016-12-31 0.02
2016-09-30 0.02
2016-06-30 0.01
2016-03-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Lighthouse Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Lighthouse Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Lighthouse Group has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LGT Past Performance

  How has Lighthouse Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Lighthouse Group's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Lighthouse Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Lighthouse Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Lighthouse Group's 1-year earnings growth is negative, it can't be compared to the GB Capital Markets industry average.
Earnings and Revenue History
Lighthouse Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Lighthouse Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:LGT Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 53.42 2.53 11.55
2018-09-30 54.37 2.70 11.78
2018-06-30 55.31 2.86 12.01
2018-03-31 54.71 2.79 11.94
2017-12-31 54.11 2.72 11.87
2017-09-30 51.96 2.83 12.08
2017-06-30 49.82 2.94 12.30
2017-03-31 48.87 2.79 12.28
2016-12-31 47.92 2.64 12.26
2016-09-30 48.32 1.99 12.74
2016-06-30 48.71 1.34 13.21
2016-03-31 48.80 1.10 13.21
2015-12-31 48.88 0.87 13.21
2015-09-30 48.13 0.85 12.68
2015-06-30 47.38 0.83 12.15
2015-03-31 47.09 0.69 12.15
2014-12-31 46.80 0.56 12.15
2014-09-30 47.31 -0.35 13.48
2014-06-30 47.82 -1.27 14.81
2014-03-31 47.85 -1.43 14.81
2013-12-31 47.88 -1.60 14.81
2013-09-30 49.59 -2.73 7.41
2013-06-30 51.31 -3.85
2013-03-31 53.18 -3.68
2012-12-31 55.05 -3.52
2012-09-30 55.83 -1.74
2012-06-30 56.62 0.04

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Lighthouse Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Lighthouse Group used its assets more efficiently than the GB Capital Markets industry average last year based on Return on Assets.
  • Lighthouse Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Lighthouse Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Lighthouse Group has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LGT Health

 How is Lighthouse Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Lighthouse Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Lighthouse Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Lighthouse Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Lighthouse Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Lighthouse Group has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Lighthouse Group Company Filings, last reported 3 months ago.

AIM:LGT Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 13.91 0.00 9.55
2018-09-30 13.91 0.00 9.55
2018-06-30 12.75 0.00 9.57
2018-03-31 12.75 0.00 9.57
2017-12-31 11.69 0.00 8.73
2017-09-30 11.69 0.00 8.73
2017-06-30 9.90 0.39 8.51
2017-03-31 9.90 0.39 8.51
2016-12-31 8.96 0.44 8.50
2016-09-30 8.96 0.44 8.50
2016-06-30 7.23 0.42 7.92
2016-03-31 7.23 0.42 7.92
2015-12-31 6.56 0.47 8.39
2015-09-30 6.56 0.47 8.39
2015-06-30 6.16 0.46 8.93
2015-03-31 6.16 0.46 8.93
2014-12-31 5.95 1.98 9.06
2014-09-30 5.95 1.98 9.06
2014-06-30 5.71 1.92 7.72
2014-03-31 5.71 1.92 7.72
2013-12-31 5.60 1.86 9.51
2013-09-30 5.60 1.86 9.51
2013-06-30 6.98 0.80 9.07
2013-03-31 6.98 0.80 9.07
2012-12-31 7.18 0.00 10.49
2012-09-30 7.18 0.00 10.49
2012-06-30 10.76 0.00 10.63
  • Lighthouse Group has no debt.
  • Lighthouse Group has no debt compared to 5 years ago when it was 33.2%.
  • Lighthouse Group has no debt, it does not need to be covered by operating cash flow.
  • Lighthouse Group has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Lighthouse Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Lighthouse Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LGT Dividends

 What is Lighthouse Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.12%
Current annual income from Lighthouse Group dividends. Estimated to be 2.3% next year.
If you bought £2,000 of Lighthouse Group shares you are expected to receive £42 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Lighthouse Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.02%).
  • Lighthouse Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.19%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:LGT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 2.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:LGT Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.01 1.00
2020-12-31 0.01 2.00
2019-12-31 0.01 2.00
AIM:LGT Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-03-13 0.007 2.424
2019-02-26 0.007 2.874
2018-03-09 0.004 1.522
2018-02-20 0.004 1.806
2017-03-01 0.003 1.582
2017-02-21 0.003 1.830
2016-03-07 0.002 2.052
2016-02-22 0.002 2.321
2015-03-09 0.002 3.054
2015-02-26 0.002 3.979
2014-09-22 0.001 2.757
2013-09-25 0.000 0.000
2013-03-20 0.000 0.000
2012-09-24 0.000 0.000
2012-04-10 0.004 8.842
2012-03-12 0.004 7.065
2011-03-23 0.004 5.355
2010-03-22 0.003 3.385
2009-12-31 0.003 3.373
2009-09-21 0.002 2.074
2009-04-23 0.002 1.805

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Lighthouse Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.6x coverage).
X
Income/ dividend checks
We assess Lighthouse Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Lighthouse Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Lighthouse Group has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LGT Management

 What is the CEO of Lighthouse Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Malcolm Streatfield
COMPENSATION £383,000
TENURE AS CEO 16.3 years
CEO Bio

Mr. Malcolm Streatfield serves as the Chief Executive Officer of Lighthouse Group plc since January 2003 and served as its Joint Chief Executive Officer and Managing Director of Operations. He serves as an Executive Director of Lighthouse Group PLC.

CEO Compensation
  • Malcolm's compensation has been consistent with company performance over the past year.
  • Malcolm's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Malcolm Streatfield

TITLE
CEO & Executive Director
COMPENSATION
£383K
TENURE
16.3 yrs

Peter Smith

TITLE
Group Finance Director
COMPENSATION
£292K

Ken Paterson

TITLE
Compliance & Risk Director and Director
COMPENSATION
£148K
AGE
64
TENURE
6.7 yrs
Board of Directors Tenure

Average tenure and age of the Lighthouse Group board of directors in years:

5.2
Average Tenure
58.5
Average Age
  • The tenure for the Lighthouse Group board of directors is about average.
Board of Directors

Richard Last

TITLE
Non-Executive Chairman
AGE
61
TENURE
6.7 yrs

Malcolm Streatfield

TITLE
CEO & Executive Director
COMPENSATION
£383K

Peter Smith

TITLE
Group Finance Director
COMPENSATION
£292K
TENURE
10.9 yrs

Ken Paterson

TITLE
Compliance & Risk Director and Director
COMPENSATION
£148K
AGE
64
TENURE
5.2 yrs

Alex Scott-Barrett

TITLE
Non-Executive Senior Independent Director

Michelle Cracknell

TITLE
Non-Executive Director
AGE
54
TENURE
1.6 yrs

Ann Roughead

TITLE
Non-Executive Director
AGE
56
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
12. Apr 19 Buy Oddo Bhf Asset Management SAS Company 11. Apr 19 11. Apr 19 60,000 £0.32 £19,350
08. Apr 19 Sell Mossland Limited Company 03. Apr 19 03. Apr 19 -2,188,198 £0.33 £-717,728
04. Apr 19 Buy Oddo Bhf Asset Management SAS Company 03. Apr 19 03. Apr 19 1,524,099 £0.33 £498,441
03. Apr 19 Buy finnCap Ltd, Asset Management Arm Company 03. Apr 19 03. Apr 19 10,354 £0.33 £3,365
11. May 18 Buy Kenneth Paterson Individual 10. May 18 10. May 18 55,000 £0.25 £13,750
09. May 18 Buy Malcolm Streatfield Individual 09. May 18 09. May 18 67,000 £0.24 £15,996
X
Management checks
We assess Lighthouse Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Lighthouse Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LGT News

Simply Wall St News

Is Lighthouse Group plc's (LON:LGT) CEO Overpaid Relative To Its Peers?

How Does Malcolm Streatfield's Compensation Compare With Similar Sized Companies. … Our data indicates that Lighthouse Group plc is worth UK£34m, and total annual CEO compensation is UK£383k. … We examined a group of similar sized companies, with market capitalizations of below UK£151m

Simply Wall St -

Does Lighthouse Group plc (LON:LGT) Have A High Beta?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Introducing Lighthouse Group, The Stock That Soared 510% In The Last Five Years

During the five years of share price growth, Lighthouse Group moved from a loss to profitability. … Given that the company made a profit three years ago, but not five years ago, it is worth looking at the share price returns over the last three years, too. … Indeed, the Lighthouse Group share price has gained 138% in three years.

Simply Wall St -

Here's How P/E Ratios Can Help Us Understand Lighthouse Group plc (LON:LGT)

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … To keep it practical, we'll show how Lighthouse Group plc's (LON:LGT) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

What Value Should You Place On Lighthouse Group plc (LON:LGT)?

One of the most difficult industry to value is capital markets, given that they adhere to different rules compared to other companies. … For instance, these businesses must hold a certain level of cash reserves on the books as a safety precaution.

Simply Wall St -

Why Lighthouse Group plc (LON:LGT) Could Be Your Next Investment

I've been keeping an eye on Lighthouse Group plc (LON:LGT) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe LGT has a lot to offer. … company with a

Simply Wall St -

What Is Lighthouse Group plc's (LON:LGT) Share Price Doing?

received a lot of attention from a substantial price movement on the AIM over the last few months, increasing to £0.35 at one point, and dropping to the lows of £0.26. … A question to answer is whether Lighthouse Group's current trading price of £0.26 reflective of the actual value of the? … Let’s take a look at Lighthouse Group’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

How Does Lighthouse Group plc (LON:LGT) Affect Your Portfolio Volatility?

If you're interested in Lighthouse Group plc (LON:LGT), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Intrinsic Calculation For Lighthouse Group plc (LON:LGT) Shows Investors Are Overpaying

Pricing capital market stocks such as LGT is particularly challenging. … Given that these companies adhere to a different set of rules relative to other companies, their cash flows should also be valued differently. … Asset managers, for example, must hold certain levels of capital in order to maintain a safe cash cushion.

Simply Wall St -

Is Lighthouse Group plc's (LON:LGT) PE Ratio A Signal To Sell For Investors?

While LGT might seem like a stock to avoid or sell if you own it, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … I will break down what the P/E ratio is, how to interpret it and what to watch out for … Check out our latest analysis for Lighthouse Group

Simply Wall St -

LGT Company Info

Description

Lighthouse Group plc provides financial advice to retail and corporate customers, and regulatory authorization and related services to financial advisers in the United Kingdom. It operates through three segments: National, Network, and Wealth management. The company offers financial advice and solutions under the Lighthouse Financial Advice brand; and advisory services, including regulatory cover, risk management, professional indemnity insurance, and income collection and processing services under the Lighthouse Advisory Services brand. It also provides specialist advice on investments, pensions, and employee benefits to high net worth individuals and corporate clients under the LighthouseCarrwood, LighthouseWealth, and Lighthouse Group Employee Benefits brands. The company has strategic agreement with Lighthouse Group plc to establish an investment management service. Lighthouse Group plc was founded in 2000 and is headquartered in London, the United Kingdom.

Details
Name: Lighthouse Group plc
LGT
Exchange: AIM
Founded: 2000
£42,141,098
127,700,298
Website: http://www.lighthousegroup.plc.uk
Address: Lighthouse Group plc
26 Throgmorton Street,
London,
Greater London, EC2N 2AN,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM LGT Ordinary Shares London Stock Exchange AIM Market GB GBP 02. Nov 2000
Number of employees
Current staff
Staff numbers
156
Lighthouse Group employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 20:35
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/03/15
Last earnings filing: 2019/03/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.