Market Cap
UK£1.7b
Last Updated
2020/10/22 21:31 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). More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 40.4% per year for the next 3 years
Snowflake Analysis
Outstanding track record with flawless balance sheet.
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
Stable Share Price: PLUS has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
5.1%
PLUS
-0.1%
GB Diversified Financial
-1.9%
GB Market
1 Year Return
103.5%
PLUS
-9.9%
GB Diversified Financial
-16.2%
GB Market
Return vs Industry: PLUS exceeded the UK Diversified Financial industry which returned -5.1% over the past year.
Return vs Market: PLUS exceeded the UK Market which returned -14.8% over the past year.
Shareholder returns
| PLUS | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.1% | -0.1% | -1.9% |
| 30 Day | 5.3% | 11.7% | 0.7% |
| 90 Day | 31.4% | 7.4% | -4.8% |
| 1 Year | 121.1%103.5% | -0.3%-9.9% | -13.0%-16.2% |
| 3 Year | 135.0%67.3% | -2.5%-10.9% | -9.4%-20.6% |
| 5 Year | 757.6%362.6% | 244.9%179.1% | 13.5%-12.0% |
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
1 week ago | Simply Wall St
Plus500 (LON:PLUS) Has Rewarded Shareholders With An Exceptional 696% Total Return On Their Investment1 month ago | Simply Wall St
Does Plus500 (LON:PLUS) Deserve A Spot On Your Watchlist?1 month ago | Simply Wall St
Plus500 Ltd. (LON:PLUS) Insiders Increased Their HoldingsValuation
Is Plus500 undervalued compared to its fair value and its price relative to the market?
48.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PLUS (£15.65) is trading below our estimate of fair value (£30.98)
Significantly Below Fair Value: 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 (5.4x) compared to the GB Diversified Financial industry average (9.5x).
PE vs Market: PLUS is good value based on its PE Ratio (5.4x) compared to the UK market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: PLUS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: PLUS is overvalued based on its PB Ratio (4.2x) compared to the GB Diversified Financial industry average (1.1x).
Next Steps
Future Growth
How is Plus500 forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
-40.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PLUS's earnings are forecast to decline over the next 3 years (-40.4% per year).
Earnings vs Market: PLUS's earnings are forecast to decline over the next 3 years (-40.4% per year).
High Growth Earnings: PLUS's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PLUS's revenue is expected to decline over the next 3 years (-29.5% per year).
High Growth Revenue: PLUS's revenue is forecast to decline over the next 3 years (-29.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PLUS's Return on Equity is forecast to be high in 3 years time (32%)
Next Steps
Past Performance
How has Plus500 performed over the past 5 years?
24.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLUS has high quality earnings.
Growing Profit Margin: PLUS's current net profit margins (54.5%) are higher than last year (41.5%).
Past Earnings Growth Analysis
Earnings Trend: PLUS's earnings have grown significantly by 24.1% per year over the past 5 years.
Accelerating Growth: PLUS's earnings growth over the past year (148.9%) exceeds its 5-year average (24.1% per year).
Earnings vs Industry: PLUS earnings growth over the past year (148.9%) exceeded the Diversified Financial industry -26.5%.
Return on Equity
High ROE: PLUS's Return on Equity (80.1%) is considered outstanding.
Next Steps
Financial Health
How is Plus500's financial position?
Financial Position Analysis
Short Term Liabilities: PLUS's short term assets ($602.6M) exceed its short term liabilities ($84.4M).
Long Term Liabilities: PLUS's short term assets ($602.6M) exceed its long term liabilities ($5.6M).
Debt to Equity History and Analysis
Debt Level: PLUS is debt free.
Reducing Debt: PLUS has not had any debt for past 5 years.
Debt Coverage: PLUS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PLUS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Plus500 current dividend yield, its reliability and sustainability?
3.09%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PLUS's dividend (3.16%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).
High Dividend: PLUS's dividend (3.16%) is low compared to the top 25% of dividend payers in the UK market (5.32%).
Stability and Growth of Payments
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 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.6%), PLUS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PLUS's dividends in 3 years are forecast to be well covered by earnings (33.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average management tenure
CEO
David Zruia (37 yo)
0.50
Tenure
Mr. David Zruia serves as Director at Plus500UK Ltd. since September 17, 2020. He serves as Group Chief Executive Officer of Plus500 Ltd. since July 07, 2020. He served as Interim Chief Executive Officer a ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CFO | 4.33yrs | US$1.98m | 0.044% $ 749.3k | |
| MD & Executive Director | 7.33yrs | US$403.00k | 1.72% $ 29.1m | |
| CEO & Director | 0.50yr | no data | no data | |
| Chief Technology Officer | 2.17yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Legal & Company Secretary | no data | no data | no data | |
| Vice President of Marketing | no data | US$2.50m | no data | |
| Vice President of Finance | 4.58yrs | US$426.12k | no data | |
| Vice President Research and Development of Server | no data | US$377.55k | no data | |
| Senior Strategy Advisor | 4.58yrs | US$377.55k | 5.19% $ 87.5m |
4.5yrs
Average Tenure
40.5yo
Average Age
Experienced Management: PLUS's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CFO | 4.33yrs | US$1.98m | 0.044% $ 749.3k | |
| MD & Executive Director | 7.33yrs | US$403.00k | 1.72% $ 29.1m | |
| CEO & Director | 0.50yr | no data | no data | |
| Senior Independent Non-Executive Director | 7.25yrs | US$152.00k | 0.053% $ 885.2k | |
| Independent Non-Executive Director | 7.33yrs | US$83.00k | 0.026% $ 437.3k | |
| Independent Non-Executive Director | 3.33yrs | US$83.00k | no data | |
| Independent Non-Executive Chairman | 3.33yrs | US$192.00k | 0.025% $ 413.5k | |
| Independent Non-Executive Director | 0.083yr | no data | no data |
3.8yrs
Average Tenure
52.5yo
Average Age
Experienced Board: PLUS's board of directors are considered experienced (3.8 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
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£1.686b
- Shares outstanding: 104.71m
- Website: https://www.plus500.com
Number of Employees
Location
- Plus500 Ltd.
- Building 22
- Matam
- Haifa
- 31905
- 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). The company’s online trading platform allows its customers to trade CFDs on ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/22 21:31 |
| End of Day Share Price | 2020/10/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.