Tatton Asset Management
Market Cap
UK£173.0m
Last Updated
2021/01/21 20:47 UTC
Data Sources
Company Financials +
Executive Summary
Tatton Asset Management plc provides fund management, regulatory, and compliance and business consulting services to independent financial advisors in the United Kingdom. More Details
Rewards
Risk Analysis
Snowflake Analysis
Outstanding track record with flawless balance sheet.
Share Price & News
How has Tatton Asset Management's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TAM is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: TAM's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
4.2%
TAM
0.9%
GB Capital Markets
-0.1%
GB Market
1 Year Return
7.9%
TAM
4.4%
GB Capital Markets
-7.7%
GB Market
Return vs Industry: TAM exceeded the UK Capital Markets industry which returned 5.4% over the past year.
Return vs Market: TAM exceeded the UK Market which returned -6.5% over the past year.
Shareholder returns
| TAM | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.2% | 0.9% | -0.1% |
| 30 Day | 11.5% | 3.0% | 4.1% |
| 90 Day | 5.6% | 14.5% | 14.7% |
| 1 Year | 11.7%7.9% | 7.8%4.4% | -4.0%-7.7% |
| 3 Year | 54.7%39.4% | 30.2%14.8% | 4.2%-8.5% |
| 5 Year | n/a | 99.7%63.9% | 43.0%15.1% |
Long-Term Price Volatility Vs. Market
How volatile is Tatton Asset Management's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Factors Income Investors Should Consider Before Adding Tatton Asset Management plc (LON:TAM) To Their Portfolio1 month ago | Simply Wall St
With EPS Growth And More, Tatton Asset Management (LON:TAM) Is Interesting2 months ago | Simply Wall St
Did Tatton Asset Management's (LON:TAM) Share Price Deserve to Gain 36%?Valuation
Is Tatton Asset Management undervalued compared to its fair value and its price relative to the market?
20.76x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TAM (£3.01) is trading above our estimate of fair value (£2.18)
Significantly Below Fair Value: TAM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TAM is poor value based on its PE Ratio (20.8x) compared to the GB Capital Markets industry average (19.8x).
PE vs Market: TAM is good value based on its PE Ratio (20.8x) compared to the UK market (23.1x).
Price to Earnings Growth Ratio
PEG Ratio: TAM is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: TAM is overvalued based on its PB Ratio (8.5x) compared to the GB Capital Markets industry average (1.6x).
Next Steps
Future Growth
How is Tatton Asset Management forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
6.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TAM's forecast earnings growth (6.1% per year) is above the savings rate (1%).
Earnings vs Market: TAM's earnings (6.1% per year) are forecast to grow slower than the UK market (25.6% per year).
High Growth Earnings: TAM's earnings are forecast to grow, but not significantly.
Revenue vs Market: TAM's revenue (7.1% per year) is forecast to grow faster than the UK market (6.5% per year).
High Growth Revenue: TAM's revenue (7.1% 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 TAM's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Tatton Asset Management performed over the past 5 years?
46.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TAM has high quality earnings.
Growing Profit Margin: TAM's current net profit margins (35.8%) are higher than last year (28.8%).
Past Earnings Growth Analysis
Earnings Trend: TAM's earnings have grown significantly by 46.2% per year over the past 5 years.
Accelerating Growth: TAM's earnings growth over the past year (49.3%) exceeds its 5-year average (46.2% per year).
Earnings vs Industry: TAM earnings growth over the past year (49.3%) exceeded the Capital Markets industry -0.8%.
Return on Equity
High ROE: TAM's Return on Equity (40.3%) is considered outstanding.
Next Steps
Financial Health
How is Tatton Asset Management's financial position?
Financial Position Analysis
Short Term Liabilities: TAM's short term assets (£18.0M) exceed its short term liabilities (£6.6M).
Long Term Liabilities: TAM's short term assets (£18.0M) exceed its long term liabilities (£802.0K).
Debt to Equity History and Analysis
Debt Level: TAM is debt free.
Reducing Debt: TAM has no debt compared to 5 years ago when its debt to equity ratio was 29.6%.
Debt Coverage: TAM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TAM has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Tatton Asset Management current dividend yield, its reliability and sustainability?
3.19%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TAM's dividend (3.19%) is higher than the bottom 25% of dividend payers in the UK market (1.5%).
High Dividend: TAM's dividend (3.19%) is low compared to the top 25% of dividend payers in the UK market (4.55%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, TAM has been paying a dividend for less than 10 years.
Growing Dividend: TAM's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.3%), TAM's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TAM's dividends in 3 years are forecast to be covered by earnings (76.2% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
UK£344k
CEO Compensation
CEO
Paul Hogarth (61 yo)
no data
Tenure
UK£343,622
Compensation
Mr. Paul Henry Hogarth serves as Chief Executive Officer and Director of Tatton Asset Mgmt Plc. Mr. Hogarth founded Bankhall PMS Limited in 1993. Mr. Hogarth is Founder and Senior Partner at Paradigm Manag...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD471.72K) is about average for companies of similar size in the UK market ($USD585.10K).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
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 been diluted in the past year, with total shares outstanding growing by 2.8%.
Top Shareholders
Company Information
Tatton Asset Management plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tatton Asset Management plc
- Ticker: TAM
- Exchange: AIM
- Founded: 2017
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£173.002m
- Shares outstanding: 57.48m
- Website: https://www.tattonassetmanagement.com
Number of Employees
Location
- Tatton Asset Management plc
- Paradigm House
- Lower Meadow Road
- Wilmslow
- Cheshire
- SK9 3ND
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2T7 | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | Jul 2017 |
| TAM | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Jul 2017 |
Biography
Tatton Asset Management plc provides fund management, regulatory, and compliance and business consulting services to independent financial advisors in the United Kingdom. The company operates through two s...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 20:47 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.