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CCR

C&C GroupLSE:CCR Stock Report

Market Cap

UK£937.9m

7D

1.4%

1Y

21.1%

Updated

27 Sep, 2021

Data

Company Financials +
CCR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health0/6
Dividends0/6

CCR Overview

C&C Group plc manufactures, markets, and distributes cider, beer, wine, spirits, ales, and soft drinks in the Republic of Ireland, Great Britain, and internationally.

C&C Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for C&C Group
Historical stock prices
Current Share PriceUK£2.40
52 Week HighUK£1.40
52 Week LowUK£3.26
Beta0
1 Month Change-1.32%
3 Month Change-0.17%
1 Year Change21.11%
3 Year Changen/a
5 Year Changen/a
Change since IPO-36.90%

Recent News & Updates

Sep 11
An Intrinsic Calculation For C&C Group plc (LON:CCR) Suggests It's 26% Undervalued

An Intrinsic Calculation For C&C Group plc (LON:CCR) Suggests It's 26% Undervalued

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of C&C Group plc...

May 25
C&C Group plc (LON:CCR) Shares Could Be 45% Below Their Intrinsic Value Estimate

C&C Group plc (LON:CCR) Shares Could Be 45% Below Their Intrinsic Value Estimate

Today we will run through one way of estimating the intrinsic value of C&C Group plc ( LON:CCR ) by taking the expected...

Apr 29
Returns On Capital At C&C Group (LON:CCR) Paint A Concerning Picture

Returns On Capital At C&C Group (LON:CCR) Paint A Concerning Picture

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...

Shareholder Returns

CCRGB BeverageGB Market
7D1.4%1.8%1.6%
1Y21.1%28.5%21.7%

Return vs Industry: CCR underperformed the UK Beverage industry which returned 34.5% over the past year.

Return vs Market: CCR underperformed the UK Market which returned 24.1% over the past year.

Price Volatility

Is CCR's price volatile compared to industry and market?
CCR volatility
CCR Beta0
Industry Beta0.56
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
19352,653David Fordehttps://candcgroupplc.com

C&C Group plc manufactures, markets, and distributes cider, beer, wine, spirits, ales, and soft drinks in the Republic of Ireland, Great Britain, and internationally. The company offers its products primarily under the Tennent’s, Bulmers, and Magners brand name. It also distributes third party branded beers, wines, spirits, cider, and soft drinks.

C&C Group Fundamentals Summary

How do C&C Group's earnings and revenue compare to its market cap?
CCR fundamental statistics
Market Cap€1.10b
Earnings (TTM)-€104.50m
Revenue (TTM)€736.90m

1.5x

P/S Ratio

-10.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CCR income statement (TTM)
Revenue€736.90m
Cost of Revenue€563.00m
Gross Profit€173.90m
Expenses€278.40m
Earnings-€104.50m

Last Reported Earnings

Feb 28, 2021

Next Earnings Date

Oct 28, 2021

Earnings per share (EPS)-0.27
Gross Margin23.60%
Net Profit Margin-14.18%
Debt/Equity Ratio105.4%

How did CCR perform over the long term?

See historical performance and comparison

Valuation

Is C&C Group undervalued compared to its fair value and its price relative to the market?

26.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CCR (£2.4) is trading below our estimate of fair value (£3.26)

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


Price To Earnings Ratio

PE vs Industry: CCR is unprofitable, so we can't compare its PE Ratio to the UK Beverage industry average.

PE vs Market: CCR is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CCR is good value based on its PB Ratio (2.5x) compared to the GB Beverage industry average (3.7x).


Future Growth

How is C&C Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

71.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CCR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: CCR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CCR's is expected to become profitable in the next 3 years.

Revenue vs Market: CCR's revenue (24.3% per year) is forecast to grow faster than the UK market (5.9% per year).

High Growth Revenue: CCR's revenue (24.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CCR's Return on Equity is forecast to be low in 3 years time (13.6%).


Past Performance

How has C&C Group performed over the past 5 years?

-16.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CCR is currently unprofitable.

Growing Profit Margin: CCR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CCR is unprofitable, and losses have increased over the past 5 years at a rate of 16.2% per year.

Accelerating Growth: Unable to compare CCR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CCR is unprofitable, making it difficult to compare its past year earnings growth to the Beverage industry (4.7%).


Return on Equity

High ROE: CCR has a negative Return on Equity (-23.43%), as it is currently unprofitable.


Financial Health

How is C&C Group's financial position?


Financial Position Analysis

Short Term Liabilities: CCR's short term assets (€345.7M) do not cover its short term liabilities (€379.2M).

Long Term Liabilities: CCR's short term assets (€345.7M) do not cover its long term liabilities (€510.3M).


Debt to Equity History and Analysis

Debt Level: CCR's debt to equity ratio (105.4%) is considered high.

Reducing Debt: CCR's debt to equity ratio has increased from 52.8% to 105.4% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if CCR has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if CCR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is C&C Group current dividend yield, its reliability and sustainability?

1.89%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CCR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CCR'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 CCR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CCR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CCR is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CCR's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

David Forde (53 yo)

0.83

Tenure

€2,191,000

Compensation

Mr. David Forde has been the Group Chief Executive Officer and Executive Director of C&C Group plc since November 2, 2020. He has been the Managing Director of Heineken UK at Heineken U.K. Limited since Ma...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD2.56M) is above average for companies of similar size in the UK market ($USD1.36M).

Compensation vs Earnings: Insufficient data to compare David's compensation with company performance.


Leadership Team

Experienced Management: CCR's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: CCR's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 26.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: C&C Group plc
  • Ticker: CCR
  • Exchange: LSE
  • Founded: 1935
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Market Cap: UK£937.939m
  • Shares outstanding: 391.13m
  • Website: https://candcgroupplc.com

Number of Employees


Location

  • C&C Group plc
  • Bulmers House
  • Keeper Road
  • Dublin
  • Co. Dublin
  • 12
  • Ireland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 21:13
End of Day Share Price2021/09/27 00:00
Earnings2021/02/28
Annual Earnings2021/02/28


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.