| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 6/6 |
DVO Stock Overview
Devro plc, together with its subsidiaries, manufactures and supplies collagen casings primarily in the United Kingdom.
Devro Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£2.12 |
| 52 Week High | UK£2.30 |
| 52 Week Low | UK£1.45 |
| Beta | 0.68 |
| 1 Month Change | -0.70% |
| 3 Month Change | -5.79% |
| 1 Year Change | 35.58% |
| 3 Year Change | 17.50% |
| 5 Year Change | 45.86% |
| Change since IPO | 9.59% |
Recent News & Updates
Shareholders Will Probably Hold Off On Increasing Devro plc's (LON:DVO) CEO Compensation For The Time Being
Under the guidance of CEO Rutger Helbing, Devro plc ( LON:DVO ) has performed reasonably well recently. This is...
Devro plc Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Investors in Devro plc ( LON:DVO ) had a good week, as its shares rose 7.8% to close at UK£1.88 following the release...
Shareholder Returns
| DVO | GB Food | GB Market | |
|---|---|---|---|
| 7D | -1.6% | -1.8% | -3.0% |
| 1Y | 35.6% | -1.2% | 11.7% |
Return vs Industry: DVO exceeded the UK Food industry which returned 0.8% over the past year.
Return vs Market: DVO exceeded the UK Market which returned 17.9% over the past year.
Price Volatility
| DVO volatility | |
|---|---|
| DVO Average Weekly Movement | 2.8% |
| Food Industry Average Movement | 4.0% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in GB Market | 9.7% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: DVO is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: DVO's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 1,922 | Rutger Helbing | https://www.devro.com |
Devro plc, together with its subsidiaries, manufactures and supplies collagen casings primarily in the United Kingdom. It offers edible and non-edible collagen casings, films, and plastic casings for use in the production of a range of sausages and other meat products. The company sells its products to food manufacturers through distributors and agents.
Devro Fundamentals Summary
| DVO fundamental statistics | |
|---|---|
| Market Cap | UK£353.08m |
| Earnings (TTM) | UK£27.50m |
| Revenue (TTM) | UK£248.50m |
12.8x
P/E Ratio1.4x
P/S RatioIs DVO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DVO income statement (TTM) | |
|---|---|
| Revenue | UK£248.50m |
| Cost of Revenue | UK£154.10m |
| Gross Profit | UK£94.40m |
| Expenses | UK£66.90m |
| Earnings | UK£27.50m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.16 |
| Gross Margin | 37.99% |
| Net Profit Margin | 11.07% |
| Debt/Equity Ratio | 109.1% |
How did DVO perform over the long term?
See historical performance and comparisonDividends
4.3%
Current Dividend Yield55%
Payout RatioDoes DVO pay a reliable dividends?
See DVO dividend history and benchmarks| Devro dividend dates | |
|---|---|
| Ex Dividend Date | Dec 02 2021 |
| Dividend Pay Date | Jan 14 2022 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 48 days |
Does DVO pay a reliable dividends?
See DVO dividend history and benchmarksValuation
Is Devro undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DVO (£2.12) is trading below our estimate of fair value (£4.62)
Significantly Below Fair Value: DVO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DVO is good value based on its PE Ratio (12.8x) compared to the UK Food industry average (13.8x).
PE vs Market: DVO is good value based on its PE Ratio (12.8x) compared to the UK market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: DVO is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: DVO is overvalued based on its PB Ratio (3.3x) compared to the GB Food industry average (1.4x).
Future Growth
How is Devro forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
4.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DVO's forecast earnings growth (4.3% per year) is above the savings rate (0.9%).
Earnings vs Market: DVO's earnings (4.3% per year) are forecast to grow slower than the UK market (11.5% per year).
High Growth Earnings: DVO's earnings are forecast to grow, but not significantly.
Revenue vs Market: DVO's revenue (2.7% per year) is forecast to grow slower than the UK market (5.7% per year).
High Growth Revenue: DVO's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DVO's Return on Equity is forecast to be high in 3 years time (23.1%)
Past Performance
How has Devro performed over the past 5 years?
-13.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DVO has high quality earnings.
Growing Profit Margin: DVO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: DVO's earnings have declined by 13.4% per year over the past 5 years.
Accelerating Growth: DVO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: DVO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (12.2%).
Return on Equity
High ROE: Whilst DVO's Return on Equity (25.56%) is high, this metric is skewed due to their high level of debt.
Financial Health
How is Devro's financial position?
Financial Position Analysis
Short Term Liabilities: DVO's short term assets (£88.2M) exceed its short term liabilities (£42.6M).
Long Term Liabilities: DVO's short term assets (£88.2M) do not cover its long term liabilities (£179.3M).
Debt to Equity History and Analysis
Debt Level: DVO's net debt to equity ratio (95.8%) is considered high.
Reducing Debt: DVO's debt to equity ratio has reduced from 139.4% to 109.1% over the past 5 years.
Debt Coverage: DVO's debt is well covered by operating cash flow (32.5%).
Interest Coverage: DVO's interest payments on its debt are well covered by EBIT (9x coverage).
Balance Sheet
Dividend
What is Devro current dividend yield, its reliability and sustainability?
4.30%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: DVO's dividend (4.3%) is higher than the bottom 25% of dividend payers in the UK market (1.35%).
High Dividend: DVO's dividend (4.3%) is in the top 25% of dividend payers in the UK market (4.03%)
Stability and Growth of Payments
Stable Dividend: DVO's dividends per share have been stable in the past 10 years.
Growing Dividend: DVO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.2%), DVO's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DVO's dividends in 3 years are forecast to be well covered by earnings (48.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
Rutger Helbing
3.75yrs
Tenure
UK£734,000
Compensation
Mr. Rutger A. Helbing has been the Chief Executive Officer of Devro plc since February 28, 2018 and as its Executive Director since April 4, 2016. He joined Devro in April 2016. Mr. Helbing served as Group...
CEO Compensation Analysis
Compensation vs Market: Rutger's total compensation ($USD977.49K) is about average for companies of similar size in the UK market ($USD777.89K).
Compensation vs Earnings: Rutger's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: DVO's management team is considered experienced (3.4 years average tenure).
Board Members
Experienced Board: DVO's board of directors are not considered experienced ( 1.5 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Devro plc's employee growth, exchange listings and data sources
Key Information
- Name: Devro plc
- Ticker: DVO
- Exchange: LSE
- Founded: 1991
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: UK£353.082m
- Shares outstanding: 166.94m
- Website: https://www.devro.com
Number of Employees
Location
- Devro plc
- Moodiesburn
- Chryston
- Lanarkshire
- G69 0JE
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/11/26 21:09 |
| End of Day Share Price | 2021/11/26 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.