Watchstone Group plc engages in the insurance telematics business in the United Kingdom. More Details
Adequate balance sheet and overvalued.
Share Price & News
How has Watchstone Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WTG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: WTG's weekly volatility has decreased from 12% to 6% over the past year.
7 Day Return
1 Year Return
Return vs Industry: WTG underperformed the UK Insurance industry which returned 36.7% over the past year.
Return vs Market: WTG underperformed the UK Market which returned 26.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Watchstone Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall StDid Watchstone Group plc (LON:WTG) Insiders Buy Up More Shares?
9 months ago | Simply Wall StWatchstone Group (LON:WTG) Has Compensated Shareholders With A 248% Return On Their Investment
10 months ago | Simply Wall StHave Insiders Been Buying Watchstone Group plc (LON:WTG) Shares?
Is Watchstone Group undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate WTG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WTG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WTG is unprofitable, so we can't compare its PE Ratio to the GB Insurance industry average.
PE vs Market: WTG 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 WTG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WTG is good value based on its PB Ratio (0.7x) compared to the GB Insurance industry average (1.3x).
How is Watchstone Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Watchstone Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Watchstone Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WTG is currently unprofitable.
Growing Profit Margin: WTG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WTG is unprofitable, but has reduced losses over the past 5 years at a rate of 71.4% per year.
Accelerating Growth: Unable to compare WTG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WTG is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (-13%).
Return on Equity
High ROE: WTG has a negative Return on Equity (-2.91%), as it is currently unprofitable.
How is Watchstone Group's financial position?
Financial Position Analysis
Short Term Liabilities: WTG's short term assets (£41.8M) exceed its short term liabilities (£6.5M).
Long Term Liabilities: WTG's short term assets (£41.8M) exceed its long term liabilities (£20.0K).
Debt to Equity History and Analysis
Debt Level: WTG is debt free.
Reducing Debt: WTG has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.
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 WTG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if WTG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Watchstone Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WTG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WTG'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 WTG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WTG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: WTG is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WTG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stefan Borson (45 yo)
Mr. Stefan Leon Borson has been Group Chief Executive Officer and Executive Director at Watchstone Group Plc since January 2018 and serves as Company Secretary. Mr. Borson served as Group General counsel a...
CEO Compensation Analysis
Compensation vs Market: Stefan's total compensation ($USD1.63M) is above average for companies of similar size in the UK market ($USD338.66K).
Compensation vs Earnings: Stefan's compensation has increased whilst the company is unprofitable.
Experienced Management: WTG's management team is considered experienced (3.3 years average tenure).
Experienced Board: WTG's board of directors are considered experienced (6 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Watchstone Group plc's company bio, employee growth, exchange listings and data sources
- Name: Watchstone Group plc
- Ticker: WTG
- Exchange: AIM
- Founded: 2000
- Industry: Insurance Brokers
- Sector: Insurance
- Market Cap: UK£23.986m
- Shares outstanding: 46.04m
- Website: https://www.watchstonegroup.com
Number of Employees
- Watchstone Group plc
- Highgate Court
- SO53 3TY
- United Kingdom
Watchstone Group plc engages in the insurance telematics business in the United Kingdom. It offers ingenie, a cloud based platform for an insurance broker focuses on telematics technology. The company was ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/08 20:04|
|End of Day Share Price||2021/05/07 00:00|
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.