Capital
Market Cap
UK£113.3m
Last Updated
2021/02/24 20:18 UTC
Data Sources
Company Financials +
Executive Summary
Capital Limited, together with its subsidiaries, provides various drilling solutions to customers in the minerals industry. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and good value.
Similar Companies
Share Price & News
How has Capital's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CAPD is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CAPD's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-2.8%
CAPD
2.3%
GB Energy Services
-0.8%
GB Market
1 Year Return
17.1%
CAPD
-25.9%
GB Energy Services
-3.7%
GB Market
Return vs Industry: CAPD exceeded the UK Energy Services industry which returned -27.6% over the past year.
Return vs Market: CAPD exceeded the UK Market which returned -2% over the past year.
Shareholder returns
| CAPD | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.8% | 2.3% | -0.8% |
| 30 Day | -6.3% | 13.1% | 0.9% |
| 90 Day | -7.0% | 6.9% | 6.6% |
| 1 Year | 19.6%17.1% | -25.7%-25.9% | 2.1%-3.7% |
| 3 Year | 81.0%65.7% | -47.2%-51.4% | 9.6%-3.5% |
| 5 Year | 176.0%128.6% | -53.1%-60.5% | 41.7%14.3% |
Long-Term Price Volatility Vs. Market
How volatile is Capital's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Calculating The Intrinsic Value Of Capital Limited (LON:CAPD)2 weeks ago | Simply Wall St
How Much Of Capital Limited (LON:CAPD) Do Insiders Own?4 weeks ago | Simply Wall St
Who Has Been Buying Capital Limited (LON:CAPD) Shares?Valuation
Is Capital undervalued compared to its fair value and its price relative to the market?
13.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CAPD (£0.6) is trading below our estimate of fair value (£0.69)
Significantly Below Fair Value: CAPD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CAPD is good value based on its PE Ratio (6.1x) compared to the XE Energy Services industry average (16.8x).
PE vs Market: CAPD is good value based on its PE Ratio (6.1x) compared to the UK market (23.6x).
Price to Earnings Growth Ratio
PEG Ratio: CAPD is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: CAPD is overvalued based on its PB Ratio (1.2x) compared to the GB Energy Services industry average (0.9x).
Next Steps
Future Growth
How is Capital forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
11.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CAPD's forecast earnings growth (11.6% per year) is above the savings rate (1%).
Earnings vs Market: CAPD's earnings (11.6% per year) are forecast to grow slower than the UK market (23.6% per year).
High Growth Earnings: CAPD's earnings are forecast to grow, but not significantly.
Revenue vs Market: CAPD's revenue (18.1% per year) is forecast to grow faster than the UK market (7% per year).
High Growth Revenue: CAPD's revenue (18.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CAPD's Return on Equity is forecast to be low in 3 years time (12.5%).
Next Steps
Past Performance
How has Capital performed over the past 5 years?
69.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAPD has a high level of non-cash earnings.
Growing Profit Margin: CAPD's current net profit margins (15.2%) are higher than last year (8.6%).
Past Earnings Growth Analysis
Earnings Trend: CAPD has become profitable over the past 5 years, growing earnings by 69.4% per year.
Accelerating Growth: CAPD's earnings growth over the past year (88.9%) exceeds its 5-year average (69.4% per year).
Earnings vs Industry: CAPD earnings growth over the past year (88.9%) exceeded the Energy Services industry -25.6%.
Return on Equity
High ROE: CAPD's Return on Equity (18.9%) is considered low.
Next Steps
Financial Health
How is Capital's financial position?
Financial Position Analysis
Short Term Liabilities: CAPD's short term assets ($90.3M) exceed its short term liabilities ($43.8M).
Long Term Liabilities: CAPD's short term assets ($90.3M) exceed its long term liabilities ($2.7M).
Debt to Equity History and Analysis
Debt Level: CAPD's debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: CAPD's debt to equity ratio has increased from 15.2% to 15.6% over the past 5 years.
Debt Coverage: CAPD's debt is well covered by operating cash flow (129.2%).
Interest Coverage: CAPD's interest payments on its debt are well covered by EBIT (21x coverage).
Balance Sheet
Next Steps
Dividend
What is Capital current dividend yield, its reliability and sustainability?
1.89%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CAPD's dividend (1.89%) is higher than the bottom 25% of dividend payers in the UK market (1.49%).
High Dividend: CAPD's dividend (1.89%) is low compared to the top 25% of dividend payers in the UK market (4.52%).
Stability and Growth of Payments
Stable Dividend: CAPD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CAPD has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.5%), CAPD's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CAPD's dividends in 3 years are forecast to be well covered by earnings (22.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Jamie Boyton (48 yo)
no data
Tenure
US$570,000
Compensation
Mr. Jamie Phillip Boyton serves as Executive Chairman and Chief Executive Officer at Capital Drilling Limited and serves as it Director since January 1, 2009. Mr. Boyton is Co-Owner of BPM Capital Limited....
CEO Compensation Analysis
Compensation vs Market: Jamie's total compensation ($USD570.00K) is about average for companies of similar size in the UK market ($USD570.41K).
Compensation vs Earnings: Jamie's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | no data | US$570.00k | 11.95% $ 13.5m | |
| Founder | 15.75yrs | US$428.00k | 7.93% $ 9.0m | |
| CFO & Company Secretary | 3.17yrs | no data | no data | |
| Chief Operating Officer | 1.92yrs | no data | no data | |
| Executive of Corporate Development | 1.08yrs | no data | no data | |
| Chief Development Officer of Mining | 1.08yrs | no data | no data | |
| Chief Executive Officer of MSALABS | 1.08yrs | no data | no data | |
| Executive of Commercial | no data | US$120.00k | no data | |
| Executive of Asset Management | 3.08yrs | no data | no data |
1.5yrs
Average Tenure
48yo
Average Age
Experienced Management: CAPD's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | no data | US$570.00k | 11.95% $ 13.5m | |
| Founder | 15.75yrs | US$428.00k | 7.93% $ 9.0m | |
| Independent Non-Executive Director | 10.75yrs | US$72.00k | no data | |
| Senior Independent Non-Executive Director | 0.42yr | US$80.00k | 0.29% $ 333.5k | |
| Independent Non-Executive Director | 2.5yrs | US$72.00k | 0.090% $ 101.7k |
6.6yrs
Average Tenure
56yo
Average Age
Experienced Board: CAPD's board of directors are considered experienced (6.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CAPD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 38.6%.
Top Shareholders
Company Information
Capital Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Capital Limited
- Ticker: CAPD
- Exchange: LSE
- Founded: 2004
- Industry: Oil and Gas Drilling
- Sector: Energy
- Market Cap: UK£113.269m
- Shares outstanding: 188.78m
- Website: https://www.capdrill.com
Number of Employees
Location
- Capital Limited
- The CORE Building
- 9th Floor
- Ebene
- Mauritius
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CAPD | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jun 2010 |
| C8D | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | Jun 2010 |
Biography
Capital Limited, together with its subsidiaries, provides various drilling solutions to customers in the minerals industry. The company offers exploration drilling services, including air core, deep hole d...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/24 20:18 |
| End of Day Share Price | 2021/02/24 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.