Tekmar Group plc, together with its subsidiaries, designs, develops, manufactures, installs, and sells subsea stability and protection solutions to offshore energy markets. More Details
Flawless balance sheet and fair value.
Share Price & News
How has Tekmar Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TGP is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: TGP's weekly volatility (8%) has been stable over the past year.
7 Day Return
GB Energy Services
1 Year Return
GB Energy Services
Return vs Industry: TGP underperformed the UK Energy Services industry which returned -20.1% over the past year.
Return vs Market: TGP underperformed the UK Market which returned 1.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tekmar Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StA Look At The Intrinsic Value Of Tekmar Group plc (LON:TGP)
3 months ago | Simply Wall StTekmar Group (LON:TGP) Share Prices Have Dropped 50% In The Last Year
4 months ago | Simply Wall StIs Tekmar Group (LON:TGP) A Future Multi-bagger?
Is Tekmar Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TGP (£0.72) is trading below our estimate of fair value (£2.06)
Significantly Below Fair Value: TGP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TGP is poor value based on its PE Ratio (34.9x) compared to the XE Energy Services industry average (17.2x).
PE vs Market: TGP is poor value based on its PE Ratio (34.9x) compared to the UK market (24.3x).
Price to Earnings Growth Ratio
PEG Ratio: TGP is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: TGP's PB Ratio (0.8x) is in line with the GB Energy Services industry average.
How is Tekmar Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGP's forecast earnings growth (43.9% per year) is above the savings rate (1%).
Earnings vs Market: TGP's earnings (43.9% per year) are forecast to grow faster than the UK market (22.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TGP's revenue (3.5% per year) is forecast to grow slower than the UK market (7.3% per year).
High Growth Revenue: TGP's revenue (3.5% 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 TGP's Return on Equity is forecast to be high in 3 years time
How has Tekmar Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGP has high quality earnings.
Growing Profit Margin: TGP's current net profit margins (2.7%) are lower than last year (14.6%).
Past Earnings Growth Analysis
Earnings Trend: TGP has become profitable over the past 5 years, growing earnings by 65.5% per year.
Accelerating Growth: TGP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TGP had negative earnings growth (-81.1%) over the past year, making it difficult to compare to the Energy Services industry average (-25.6%).
Return on Equity
High ROE: TGP's Return on Equity (2.3%) is considered low.
How is Tekmar Group's financial position?
Financial Position Analysis
Short Term Liabilities: TGP's short term assets (£26.1M) exceed its short term liabilities (£10.9M).
Long Term Liabilities: TGP's short term assets (£26.1M) exceed its long term liabilities (£1.1M).
Debt to Equity History and Analysis
Debt Level: TGP's debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: TGP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: TGP's debt is well covered by operating cash flow (50.6%).
Interest Coverage: TGP's interest payments on its debt are well covered by EBIT (5.9x coverage).
What is Tekmar Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TGP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TGP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TGP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TGP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TGP's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Ally MacDonald (55 yo)
Mr. Alasdair MacDonald, also known as Ally, is Executive Director of Tekmar Group plc and serves as its Chief Executive Officer since October 15, 2020. He was Executive Chairman at Tekmar Group plc since A...
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TGP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tekmar Group plc's company bio, employee growth, exchange listings and data sources
- Name: Tekmar Group plc
- Ticker: TGP
- Exchange: AIM
- Founded: 1985
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: UK£36.652m
- Shares outstanding: 51.26m
- Website: https://investors.tekmar.co.uk
Number of Employees
- Tekmar Group plc
- Aycliffe Business Park
- Unit 1
- Newton Aycliffe
- County Durham
- DL5 6AR
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TGP||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Jun 2018|
Tekmar Group plc, together with its subsidiaries, designs, develops, manufactures, installs, and sells subsea stability and protection solutions to offshore energy markets. The company offers subsea cable,...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/03 19:55|
|End of Day Share Price||2021/03/03 00:00|
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.