AIM:ANP

Stock Analysis Report

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Executive Summary

Anpario plc, together with its subsidiaries, produces and distributes natural feed additives for animal health, hygiene, and nutrition. More Details


Snowflake Analysis

Flawless balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Anpario's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ANP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.2%

ANP

-2.7%

GB Food

-2.0%

GB Market


1 Year Return

28.8%

ANP

-18.1%

GB Food

-17.2%

GB Market

Return vs Industry: ANP exceeded the UK Food industry which returned -16.5% over the past year.

Return vs Market: ANP exceeded the UK Market which returned -16.4% over the past year.


Shareholder returns

ANPIndustryMarket
7 Day-1.2%-2.7%-2.0%
30 Day6.3%-5.9%-0.5%
90 Day14.9%-7.3%-4.4%
1 Year31.8%28.8%-16.5%-18.1%-14.1%-17.2%
3 Year7.2%1.2%-33.6%-37.5%-10.3%-21.4%
5 Year41.3%28.8%-30.6%-37.3%13.4%-12.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Anpario undervalued compared to its fair value and its price relative to the market?

23.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ANP (£4.25) is trading above our estimate of fair value (£1.63)

Significantly Below Fair Value: ANP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ANP is poor value based on its PE Ratio (23.3x) compared to the GB Food industry average (12.9x).

PE vs Market: ANP is poor value based on its PE Ratio (23.3x) compared to the UK market (18x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ANP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ANP is overvalued based on its PB Ratio (2.4x) compared to the GB Food industry average (0.8x).


Next Steps

Future Growth

How is Anpario forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

4.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ANP's forecast earnings growth is above the savings rate (1.2%).

Earnings vs Market: Insufficient data to determine if ANP's earnings are forecast to grow faster than the UK market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ANP's revenue (4.4% per year) is forecast to grow slower than the UK market (6% per year).

High Growth Revenue: ANP's revenue (4.4% 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 ANP's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Anpario performed over the past 5 years?

6.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANP has high quality earnings.

Growing Profit Margin: ANP's current net profit margins (12.1%) are lower than last year (14.4%).


Past Earnings Growth Analysis

Earnings Trend: ANP's earnings have grown by 6.6% per year over the past 5 years.

Accelerating Growth: ANP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ANP had negative earnings growth (-6.9%) over the past year, making it difficult to compare to the Food industry average (17.2%).


Return on Equity

High ROE: ANP's Return on Equity (10.2%) is considered low.


Next Steps

Financial Health

How is Anpario's financial position?


Financial Position Analysis

Short Term Liabilities: ANP's short term assets (£25.4M) exceed its short term liabilities (£4.0M).

Long Term Liabilities: ANP's short term assets (£25.4M) exceed its long term liabilities (£1.7M).


Debt to Equity History and Analysis

Debt Level: ANP is debt free.

Reducing Debt: ANP has not had any debt for past 5 years.

Debt Coverage: ANP has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ANP has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Anpario current dividend yield, its reliability and sustainability?

1.88%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: ANP's dividend (1.88%) is higher than the bottom 25% of dividend payers in the UK market (1.84%).

High Dividend: ANP's dividend (1.88%) is low compared to the top 25% of dividend payers in the UK market (5.29%).


Stability and Growth of Payments

Stable Dividend: ANP's dividend payments have been volatile in the past 10 years.

Growing Dividend: ANP's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (45.2%), ANP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ANP's dividends in 3 years are forecast to be well covered by earnings (47% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.8yrs

Average management tenure


CEO

Richard Edwards (55 yo)

4.75yrs

Tenure

UK£245,000

Compensation

Mr. Richard P. Edwards, B Eng (Hons), C Eng, MBA, has been Chief Executive Officer of Anpario plc since January 2016. Mr. Edwards served as Chief Executive Officer of Kiotech International Plc. He served ...


CEO Compensation Analysis

Compensation vs Market: Richard's total compensation ($USD320.29K) is about average for companies of similar size in the UK market ($USD352.00K).

Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Richard Edwards
Executive Vice Chairman & CEO4.75yrsUK£245.00k0.91%
£ 895.5k
Karen Prior
Group Finance Director11yrsUK£204.00k0.32%
£ 317.7k
Shane Bailey
Operations Director7.75yrsno datano data
Marc Wilson
Group Management Accountantno datano datano data
Wendy Wakeman
Group Technical Directorno datano datano data
Lynne Moss
Legal & Finance Manager3.75yrsno datano data
Pam McLaren
Business Director of Salesno datano datano data
Pippa Pang
Marketing Director7.75yrsno datano data
John Butlin
Group Financial Controller11.75yrsno datano data

7.8yrs

Average Tenure

Experienced Management: ANP's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Edwards
Executive Vice Chairman & CEO4.75yrsUK£245.00k0.91%
£ 895.5k
Karen Prior
Group Finance Director11yrsUK£204.00k0.32%
£ 317.7k
Richard Wood
Senior Independent Director2.92yrsUK£35.00kno data
Peter Lawrence
Independent Non-Executive Chairman3.08yrsUK£40.00k0.27%
£ 269.2k

6.3yrs

Average Tenure

66yo

Average Age

Experienced Board: ANP's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ANP insiders have only sold shares 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

Anpario plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Anpario plc
  • Ticker: ANP
  • Exchange: AIM
  • Founded: 1996
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: UK£98.324m
  • Shares outstanding: 23.13m
  • Website: https://www.anpario.com

Number of Employees


Location

  • Anpario plc
  • Manton Wood Enterprise Park
  • Worksop
  • Nottinghamshire
  • S80 2RS
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ANPAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPDec 1997

Biography

Anpario plc, together with its subsidiaries, produces and distributes natural feed additives for animal health, hygiene, and nutrition. Its product categories include health and performance, feed quality, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 22:10
End of Day Share Price2020/10/27 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.