Market Cap
UK£863.8m
Last Updated
2019/10/17 21:40 UTC
Data Sources
Company Financials +
Executive Summary
Plus500 Ltd. develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs).
Snowflake
Fundamentals
Good value average dividend payer.
Similar Companies
Share Price & News
How has Plus500's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.8%
PLUS
0.2%
GB Diversified Financial
1.7%
GB Market
1 Year Return
-39.4%
PLUS
-43.0%
GB Diversified Financial
2.9%
GB Market
Return vs Industry: PLUS exceeded the UK Diversified Financial industry which returned -43% over the past year.
Return vs Market: PLUS underperformed the UK Market which returned 2.9% over the past year.
Shareholder returns
| PLUS | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | 0.2% | 1.7% |
| 30 Day | 4.5% | 2.0% | -0.7% |
| 90 Day | 19.1% | 6.6% | -1.8% |
| 1 Year | -33.3%-39.4% | -34.1%-43.0% | 8.0%2.9% |
| 3 Year | 74.1%16.6% | 20.3%11.2% | 18.2%3.8% |
| 5 Year | 173.2%51.2% | 69.3%48.9% | 35.6%6.1% |
Price Volatility Vs. Market
How volatile is Plus500's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall St
Read This Before You Buy Plus500 Ltd. (LON:PLUS) Because Of Its P/E Ratio1 year ago | Simply Wall St
Who Owns Plus500 Ltd (LON:PLUS)?1 year ago | Simply Wall St
How Has Plus500 Ltd's (LON:PLUS) Earnings Fared Against The Long Term TrendValuation
Is Plus500 undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: PLUS (£7.77) is trading below our estimate of fair value (£25.14)
Significantly Undervalued: PLUS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PLUS is good value based on its PE Ratio (6.7x) compared to the Diversified Financial industry average (14.9x).
PE vs Market: PLUS is good value based on its PE Ratio (6.7x) compared to the UK market (16.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: PLUS is poor value based on its PEG Ratio (4.2x)
Price to Book Ratio
PB vs Industry: PLUS is overvalued based on its PB Ratio (4.4x) compared to the GB Diversified Financial industry average (1.3x).
Next Steps
Future Growth
How is Plus500 forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
1.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PLUS's forecast earnings growth (1.6% per year) is above the savings rate (1.2%).
Earnings vs Market: PLUS's earnings (1.6% per year) are forecast to grow slower than the UK market (12.9% per year).
High Growth Earnings: PLUS's earnings are forecast to grow, but not significantly.
Revenue vs Market: PLUS's revenue (7.9% per year) is forecast to grow faster than the UK market (3.9% per year).
High Growth Revenue: PLUS's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if PLUS's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Plus500 performed over the past 5 years?
30.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: PLUS's earnings have grown significantly by 30.2% per year over the past 5 years.
Accelerating Growth: PLUS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PLUS had negative earnings growth (-54.4%) over the past year, making it difficult to compare to the Diversified Financial industry average (3.5%).
Return on Equity
High ROE: PLUS's Return on Equity (66%) is considered outstanding.
Return on Assets
ROA vs Industry: PLUS has a higher Return on Assets than the Diversified Financial industry average last year.
Return on Capital Employed
ROCE Improving: Insufficient data to calculate PLUS's Return on Capital Employed to determine if it has improved over the past 3 years.
Next Steps
Financial Health
How is Plus500's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: PLUS has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if PLUS's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: PLUS's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if PLUS has a sufficient allowance for bad loans.
Low Risk Liabilities: PLUS reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if PLUS has an acceptable proportion of non-loan assets held.
Low Risk Deposits: PLUS has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if PLUS has an appropriate level of bad loans.
Next Steps
Dividend
What is Plus500's current dividend yield, its reliability and sustainability?
19.98%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: PLUS's dividend (19.98%) is higher than the bottom 25% of dividend payers in the UK market (1.99%).
High Dividend: PLUS's dividend (19.98%) is in the top 25% of dividend payers in the UK market (5.41%)
Stable Dividend: PLUS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PLUS's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.1%), PLUS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PLUS's dividends in 3 years are forecast to be well covered by earnings (40.5% payout ratio).
Next Steps
Management
What is the CEO of Plus500's salary, the management and board of directors tenure and is there insider trading?
3.5yrs
Average management tenure
CEO
Asaf Elimelech (38yo)
3.4yrs
Tenure
US$6,030,000
Compensation
Mr. Asaf Elimelech has been the Chief Executive Officer of Plus500 Ltd. since May 8, 2016 and its Executive Director of Plus500 Ltd. since February 28, 2016. Mr. Elimelech is a Director of Plus500UK Ltd. ...
CEO Compensation Analysis
Compensation vs. Market: Asaf's total compensation ($USD6.03M) is about average for companies of similar size in the UK market ($USD1.18M).
Compensation vs Earnings: Asaf's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
3.5yrs
Average Tenure
39.5yo
Average Age
Experienced Management: PLUS's management team is considered experienced (3.5 years average tenure).
Board Age and Tenure
3.7yrs
Average Tenure
50yo
Average Age
Experienced Board: PLUS's board of directors are considered experienced (3.7 years average tenure).
Insider Trading
Insider Buying: PLUS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Other Professional Senior Strategy Advisor |
| Shares | 234,549 |
| Max Price | US$7.33 |
| Entity | Individual |
| Role | Other Professional Senior Strategy Advisor |
| Shares | 468,469 |
| Max Price | US$7.33 |
| Entity | Individual |
| Role | Lead Director Senior Independent Non-Executive Director |
| Shares | 15,000 |
| Max Price | US$6.59 |
| Entity | Individual |
| Role | Other Professional Senior Strategy Advisor |
| Shares | 987,553 |
| Max Price | US$7.13 |
Ownership Breakdown
Management Team
Alon Gonen (42yo)
Senior Strategy Advisor
- Tenure: 3.6yrs
- Compensation: US$377.55k
Inbal Marom (39yo)
Vice President of Finance
- Tenure: 3.6yrs
- Compensation: US$426.12k
Elad Ben-Izhak (45yo)
Vice President of Marketing
- Tenure: 0yrs
- Compensation: US$2.50m
Gal Haber (45yo)
MD & Executive Director
- Tenure: 6.3yrs
- Compensation: US$347.00k
Omer Elazari (40yo)
Vice President Research and Development of Server
- Tenure: 0yrs
- Compensation: US$377.55k
Elad Even-Chen (33yo)
Group CFO
- Tenure: 3.3yrs
- Compensation: US$6.03m
Asaf Elimelech (38yo)
CEO & Executive Director
- Tenure: 3.4yrs
- Compensation: US$6.03m
Dana Comber (32yo)
Legal & Company Secretary
- Tenure: 0yrs
Ari Shotland
Chief Technology Officer
- Tenure: 1.2yrs
Board Members
Michael Fairbairn (57yo)
Senior Independent Non-Executive Director
- Tenure: 6.3yrs
- Compensation: US$121.00k
Daniel King (53yo)
Independent Non Executive Director
- Tenure: 6.3yrs
- Compensation: US$73.00k
Gal Haber (45yo)
MD & Executive Director
- Tenure: 6.3yrs
- Compensation: US$347.00k
Elad Even-Chen (33yo)
Group CFO
- Tenure: 3.3yrs
- Compensation: US$6.03m
Steve Baldwin (50yo)
Independent Non-Executive Director
- Tenure: 2.3yrs
- Compensation: US$73.00k
Asaf Elimelech (38yo)
CEO & Executive Director
- Tenure: 3.4yrs
- Compensation: US$6.03m
Penny Judd (56yo)
Non-Executive Chairman
- Tenure: 2.3yrs
Company Information
Plus500 Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Plus500 Ltd.
- Ticker: PLUS
- Exchange: LSE
- Founded: 2008
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: UK£863.782m
- Shares outstanding: 111.11m
- Website: https://www.plus500.com
Number of Employees
Location
- Plus500 Ltd.
- Building 25
- Matam
- Haifa
- 3190500
- Israel
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PLUS | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jul 2013 |
| PLSQ.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jul 2013 |
| P55 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 2013 |
| PLUSL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jul 2013 |
Biography
Plus500 Ltd. develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs). Its online trading platform allows its customers to trade CFDs on approximat ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/17 21:40 |
| End of Day Share Price | 2019/10/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.