AIM:WHI

Stock Analysis Report

Executive Summary

WH Ireland Group plc, a financial services company, provides private wealth management, wealth planning, and corporate and institutional broking services primarily in the United Kingdom and the Isle of Man.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

  • WH Ireland Group is not covered by any analysts.

Similar Companies

Share Price & News

How has WH Ireland Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

WHI

-0.9%

GB Capital Markets

-0.2%

GB Market


1 Year Return

-51.2%

WHI

9.9%

GB Capital Markets

-1.8%

GB Market

WHI underperformed the Capital Markets industry which returned 9.9% over the past year.

WHI underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -1.8% over the past year.


Share holder returns

WHIIndustryMarket
7 Day0%-0.9%-0.2%
30 Day0%6.8%4.0%
90 Day5.3%10.4%0.5%
1 Year-51.2%-51.2%12.6%9.9%2.9%-1.8%
3 Year-59.4%-59.4%79.6%67.7%20.7%6.3%
5 Year-53.0%-53.9%158.1%128.6%33.2%5.1%

Price Volatility Vs. Market

How volatile is WH Ireland Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

2.32x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for WH Ireland Group to establish if it is available at moderate discount.

Unable to calculate intrinsic value for WH Ireland Group to establish if it is available at substantial discount.


Price Based on Earnings

WH Ireland Group is loss making, we can't compare its value to the GB Capital Markets industry average.

WH Ireland Group is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for WH Ireland Group, we can't assess if its growth is good value.


Price Based on Value of Assets

WH Ireland Group is overvalued based on assets compared to the GB Capital Markets industry average.


Next Steps

Future Growth

How is WH Ireland Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.8%

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 WH Ireland Group 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 WH Ireland Group performed over the past 5 years?

-69.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

WH Ireland Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare WH Ireland Group's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare WH Ireland Group's 1-year growth to the GB Capital Markets industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if WH Ireland Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if WH Ireland Group has efficiently used its assets last year compared to the GB Capital Markets industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if WH Ireland Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is WH Ireland Group's financial position?


Financial Position Analysis

WH Ireland Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

WH Ireland Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Unable to establish if WH Ireland Group's level of debt is high without past debt data.

Unable to establish if WH Ireland Group's debt level has increased without past 5-year debt data.


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are -95x debt.


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.

WH Ireland Group has sufficient cash runway for 1.2 years based on current free cash flow.

WH Ireland Group has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 56.2% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate WH Ireland Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate WH Ireland Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as WH Ireland Group has not reported any payouts.

Unable to verify if WH Ireland Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as WH Ireland Group has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

2.1yrs

Average management tenure


CEO

Phillip Wale (55yo)

1.1yrs

Tenure

UK£433,375

Compensation

Mr. Phillip Andrew Wale is Chief Executive Officer of WH Ireland Group plc since August 1, 2018 and as its Director since October 17, 2018. Mr. Wale served as the Chief Executive Officer of Panmure Gordon  ...


CEO Compensation Analysis

Phillip's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.

Insufficient data for Phillip to compare compensation growth.


Management Age and Tenure

2.1yrs

Average Tenure

55yo

Average Age

The tenure for the WH Ireland Group management team is about average.


Board Age and Tenure

1.5yrs

Average Tenure

61yo

Average Age

The average tenure for the WH Ireland Group board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by WH Ireland Group individual insiders in the past 3 months.


Recent Insider Transactions

BuyUK£23,03002 Aug 19
Stephen Ford
EntityIndividual
Shares49,000
Max PriceUK£0.47
BuyUK£10,00001 Aug 19
Phillip Wale
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares25,000
Max PriceUK£0.40
BuyUK£205,00001 Aug 19
Philip Shelley
EntityIndividual
Shares500,000
Max PriceUK£0.50
BuyUK£7,20001 Aug 19
Philip Tansey
EntityIndividual
Role
Member of the Board of Directors
CFO & Director
Shares18,000
Max PriceUK£0.40
BuyUK£43,36725 Jun 19
Stephen Ford
EntityIndividual
Shares89,654
Max PriceUK£0.50
BuyUK£45,54224 Apr 19
Simon Lough
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares94,880
Max PriceUK£0.48
BuyUK£33,10008 Apr 19
Simon Lough
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares73,555
Max PriceUK£0.45
BuyUK£20,30404 Apr 19
Simon Lough
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares46,556
Max PriceUK£0.45

Ownership Breakdown


Management Team

  • Adam Pollock

    Head of Corporate & Institutional Broking Business

    • Tenure: 2.6yrs
  • Roland Kitson

    Head of Business Development

    • Tenure: 4.3yrs
  • Phillip Wale (55yo)

    CEO & Director

    • Tenure: 1.1yrs
    • Compensation: UK£433.38k
  • John Stephen Cummins (41yo)

    Managing Director of Institutional Research

    • Tenure: 0yrs
  • Philip Tansey (61yo)

    CFO & Director

    • Tenure: 0.3yrs
    • Compensation: UK£202.69k
  • Katy Mitchell

    Company Secretary & Head of Legal

    • Tenure: 0yrs
  • Paul Jones

    Chief operating officer

    • Tenure: 1.7yrs
  • Jayne Robertson

    Head of Operations for Wealth Management Business

    • Tenure: 3.2yrs
  • Adrian Hadden

    Managing Director of Corporate Finance

    • Tenure: 0yrs
  • Yen Chang

    Head of Compliance & Risk

    • Tenure: 0yrs

Board Members

  • Richard E. Lee (73yo)

    Non-Executive Director

    • Tenure: 9.7yrs
    • Compensation: UK£30.00k
  • Tim Steel (67yo)

    Non-Executive Chairman

    • Tenure: 3.8yrs
    • Compensation: UK£60.00k
  • Phillip Wale (55yo)

    CEO & Director

    • Tenure: 1.1yrs
    • Compensation: UK£433.38k
  • Philip Tansey (61yo)

    CFO & Director

    • Tenure: 0.3yrs
    • Compensation: UK£202.69k
  • Simon Lough (57yo)

    Non-Executive Director

    • Tenure: 0.08yrs
  • Victoria Raffé (61yo)

    Non-Executive Director

    • Tenure: 2.6yrs
    • Compensation: UK£30.00k
  • Mike Simpson

    Non-Executive Chairman of WHIreland International Wealth

    • Tenure: 1.5yrs

Company Information

WH Ireland Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: WH Ireland Group plc
  • Ticker: WHI
  • Exchange: AIM
  • Founded: 1872
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£20.366m
  • Shares outstanding: 40.73m
  • Website: https://www.whirelandplc.com

Number of Employees


Location

  • WH Ireland Group plc
  • 24 Martin Lane
  • London
  • Greater London
  • EC4R 0DR
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WHIAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJul 2000

Biography

WH Ireland Group plc, a financial services company, provides private wealth management, wealth planning, and corporate and institutional broking services primarily in the United Kingdom and the Isle of Man ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/22 20:41
End of Day Share Price2019/09/20 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.