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CARR

Carr's GroupLSE:CARR Stock Report

Market Cap

UK£135.9m

7D

2.8%

1Y

13.3%

Updated

30 Nov, 2021

Data

Company Financials +
CARR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends4/6

CARR Stock Overview

Carr’s Group plc engages in the agriculture and engineering businesses in the United Kingdom and internationally.

Carr's Group Competitors

ForFarmers

ENXTAM:FFARM

€329.1m

Price History & Performance

Summary of all time highs, changes and price drops for Carr's Group
Historical stock prices
Current Share PriceUK£1.45
52 Week HighUK£1.69
52 Week LowUK£1.21
Beta1.23
1 Month Change-1.36%
3 Month Change-11.04%
1 Year Change13.28%
3 Year Change-6.90%
5 Year Change-3.01%
Change since IPO1,294.23%

Recent News & Updates

Jun 02
Is Carr's Group plc (LON:CARR) Potentially Undervalued?

Is Carr's Group plc (LON:CARR) Potentially Undervalued?

Carr's Group plc ( LON:CARR ), might not be a large cap stock, but it led the LSE gainers with a relatively large price...

May 20
Carr's Group (LON:CARR) Will Will Want To Turn Around Its Return Trends

Carr's Group (LON:CARR) Will Will Want To Turn Around Its Return Trends

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...

May 07
We Think Carr's Group (LON:CARR) Can Stay On Top Of Its Debt

We Think Carr's Group (LON:CARR) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

CARRGB FoodGB Market
7D2.8%-1.9%-2.6%
1Y13.3%-2.2%10.9%

Return vs Industry: CARR exceeded the UK Food industry which returned 0.2% over the past year.

Return vs Market: CARR matched the UK Market which returned 13.8% over the past year.

Price Volatility

Is CARR's price volatile compared to industry and market?
CARR volatility
CARR Average Weekly Movement5.2%
Food Industry Average Movement4.2%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.8%
10% least volatile stocks in GB Market2.5%

Stable Share Price: CARR is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CARR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18311,146n/ahttps://www.carrsgroup.com

Carr’s Group plc engages in the agriculture and engineering businesses in the United Kingdom and internationally. The company’s Agriculture segment develops, manufactures, and distributes a range of livestock supplementation products; and various compound and blended feeds for livestock. This segment offers feed blocks under the Crystalyx, Horslyx, SmartLic, and Megastart brands; and boluses under the Tracesure and Allsure brands.

Carr's Group Fundamentals Summary

How do Carr's Group's earnings and revenue compare to its market cap?
CARR fundamental statistics
Market CapUK£135.91m
Earnings (TTM)UK£8.54m
Revenue (TTM)UK£397.11m

15.9x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CARR income statement (TTM)
RevenueUK£397.11m
Cost of RevenueUK£343.87m
Gross ProfitUK£53.24m
ExpensesUK£44.70m
EarningsUK£8.54m

Last Reported Earnings

Feb 27, 2021

Next Earnings Date

Dec 07, 2021

Earnings per share (EPS)0.091
Gross Margin13.41%
Net Profit Margin2.15%
Debt/Equity Ratio25.9%

How did CARR perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

40%

Payout Ratio

Valuation

Is Carr's Group undervalued compared to its fair value and its price relative to the market?

31.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CARR (£1.45) is trading below our estimate of fair value (£2.11)

Significantly Below Fair Value: CARR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CARR is poor value based on its PE Ratio (15.9x) compared to the UK Food industry average (13.5x).

PE vs Market: CARR is good value based on its PE Ratio (15.9x) compared to the UK market (19x).


Price to Earnings Growth Ratio

PEG Ratio: CARR is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: CARR is good value based on its PB Ratio (1.1x) compared to the GB Food industry average (1.3x).


Future Growth

How is Carr's Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

11.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CARR's forecast earnings growth (11.7% per year) is above the savings rate (0.9%).

Earnings vs Market: CARR's earnings (11.7% per year) are forecast to grow slower than the UK market (12.6% per year).

High Growth Earnings: CARR's earnings are forecast to grow, but not significantly.

Revenue vs Market: CARR's revenue (4.1% per year) is forecast to grow slower than the UK market (4.9% per year).

High Growth Revenue: CARR's revenue (4.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CARR's Return on Equity is forecast to be low in 3 years time (9.5%).


Past Performance

How has Carr's Group performed over the past 5 years?

5.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CARR has high quality earnings.

Growing Profit Margin: CARR's current net profit margins (2.2%) are lower than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: CARR's earnings have grown by 5.3% per year over the past 5 years.

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

Earnings vs Industry: CARR had negative earnings growth (-34.1%) over the past year, making it difficult to compare to the Food industry average (12.2%).


Return on Equity

High ROE: CARR's Return on Equity (7.5%) is considered low.


Financial Health

How is Carr's Group's financial position?


Financial Position Analysis

Short Term Liabilities: CARR's short term assets (£137.7M) exceed its short term liabilities (£82.8M).

Long Term Liabilities: CARR's short term assets (£137.7M) exceed its long term liabilities (£45.2M).


Debt to Equity History and Analysis

Debt Level: CARR's net debt to equity ratio (7.7%) is considered satisfactory.

Reducing Debt: CARR's debt to equity ratio has reduced from 27.7% to 25.9% over the past 5 years.

Debt Coverage: CARR's debt is well covered by operating cash flow (76.9%).

Interest Coverage: CARR's interest payments on its debt are well covered by EBIT (9.3x coverage).


Balance Sheet


Dividend

What is Carr's Group current dividend yield, its reliability and sustainability?

2.53%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CARR's dividend (2.53%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).

High Dividend: CARR's dividend (2.53%) is low compared to the top 25% of dividend payers in the UK market (4.17%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.8%), CARR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CARR's dividends in 3 years are forecast to be well covered by earnings (39.9% payout ratio).


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Carr's Group has no CEO, or we have no data on them.


Leadership Team

Experienced Management: CARR's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: CARR'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: 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

Carr's Group plc's employee growth, exchange listings and data sources


Key Information

  • Name: Carr's Group plc
  • Ticker: CARR
  • Exchange: LSE
  • Founded: 1831
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: UK£135.906m
  • Shares outstanding: 93.73m
  • Website: https://www.carrsgroup.com

Number of Employees


Location

  • Carr's Group plc
  • Old Croft
  • Stanwix
  • Carlisle
  • Cheshire
  • CA3 9BA
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 21:38
End of Day Share Price2021/11/30 00:00
Earnings2021/02/27
Annual Earnings2020/08/29


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.