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Charles Taylor

LSE:CTR
Snowflake Description

Reasonable growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CTR
LSE
£194M
Market Cap
  1. Home
  2. GB
  3. Insurance
Company description

Charles Taylor plc provides professional services to the insurance market in the United Kingdom, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The last earnings update was 17 days ago. More info.


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CTR Share Price and Events
7 Day Returns
2.2%
LSE:CTR
3.5%
GB Insurance
0.6%
GB Market
1 Year Returns
-7.2%
LSE:CTR
-5%
GB Insurance
1.1%
GB Market
CTR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Charles Taylor (CTR) 2.2% 30.5% 4.6% -7.2% -5.8% -3.6%
GB Insurance 3.5% 5.2% 10.1% -5% 14.9% 23.7%
GB Market 0.6% 1.9% 6.9% 1.1% 15.6% 6.2%
1 Year Return vs Industry and Market
  • CTR underperformed the Insurance industry which returned -5% over the past year.
  • CTR underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
CTR
Industry
5yr Volatility vs Market

CTR Value

 Is Charles Taylor undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Charles Taylor to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Charles Taylor.

LSE:CTR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= £1.06 * 13.4%
£0.14
Book Value of Equity per Share Median Book Value from the past 5 years. £1.06
Discount Rate (Cost of Equity) See below 8%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:CTR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Insurance Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.724 (1 + (1- 19%) (50.4%))
1.013
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.01
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.013 * 6.65%)
7.97%

Discounted Cash Flow Calculation for LSE:CTR using Excess Returns Model Model

The calculations below outline how an intrinsic value for Charles Taylor is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

LSE:CTR Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (13.4% – 7.97%) * £1.06)
£0.06
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= £0.06 / (7.97% - 1.23%)
£0.86
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= £1.06 + £0.86
£1.93
LSE:CTR Discount to Share Price
Calculation Result
Value per share (GBP) From above. £1.93
Current discount Discount to share price of £2.53
= -1 x (£2.53 - £1.93) / £1.93
-31%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Charles Taylor is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Charles Taylor's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Charles Taylor's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:CTR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £-0.05
LSE:CTR Share Price ** LSE (2019-04-18) in GBP £2.53
United Kingdom of Great Britain and Northern Ireland Insurance Industry PE Ratio Median Figure of 19 Publicly-Listed Insurance Companies 16.26x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Charles Taylor.

LSE:CTR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:CTR Share Price ÷ EPS (both in GBP)

= 2.53 ÷ -0.05

-51.15x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Charles Taylor is loss making, we can't compare its value to the GB Insurance industry average.
  • Charles Taylor is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Charles Taylor's expected growth come at a high price?
Raw Data
LSE:CTR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -51.15x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
26%per year
United Kingdom of Great Britain and Northern Ireland Insurance Industry PEG Ratio Median Figure of 16 Publicly-Listed Insurance Companies 1.54x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Charles Taylor, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Charles Taylor's assets?
Raw Data
LSE:CTR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £1.12
LSE:CTR Share Price * LSE (2019-04-18) in GBP £2.53
United Kingdom of Great Britain and Northern Ireland Insurance Industry PB Ratio Median Figure of 24 Publicly-Listed Insurance Companies 2.12x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.51x
LSE:CTR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:CTR Share Price ÷ Book Value per Share (both in GBP)

= 2.53 ÷ 1.12

2.24x

* Primary Listing of Charles Taylor.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Charles Taylor is overvalued based on assets compared to the GB Insurance industry average.
X
Value checks
We assess Charles Taylor's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Insurance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Insurance industry average (and greater than 0)? (1 check)
  5. Charles Taylor has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CTR Future Performance

 How is Charles Taylor expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

  • No analysts cover Charles Taylor, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
26%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Charles Taylor expected to grow at an attractive rate?
  • Charles Taylor's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Charles Taylor's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Charles Taylor's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:CTR Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:CTR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 26%
LSE:CTR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 4.9%
United Kingdom of Great Britain and Northern Ireland Insurance Industry Earnings Growth Rate Market Cap Weighted Average 11.8%
United Kingdom of Great Britain and Northern Ireland Insurance Industry Revenue Growth Rate Market Cap Weighted Average 18.3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:CTR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:CTR Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 290 1
2019-12-31 278 1
LSE:CTR Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 264 44 -4
2018-09-30 248 37 0
2018-06-30 232 31 4
2018-03-31 221 19 6
2017-12-31 211 8 9
2017-09-30 204 20 10
2017-06-30 198 33 11
2017-03-31 183 52 11
2016-12-31 169 71 11
2016-09-30 159 68 13
2016-06-30 148 66 15
2016-03-31 146 54 15

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Charles Taylor's earnings are expected to grow significantly at over 20% yearly.
  • Charles Taylor's revenue is expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:CTR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Charles Taylor Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:CTR Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31
LSE:CTR Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 -0.05
2018-09-30 0.00
2018-06-30 0.06
2018-03-31 0.09
2017-12-31 0.13
2017-09-30 0.14
2017-06-30 0.16
2017-03-31 0.16
2016-12-31 0.16
2016-09-30 0.19
2016-06-30 0.22
2016-03-31 0.23

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Charles Taylor will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Charles Taylor's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Charles Taylor has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CTR Past Performance

  How has Charles Taylor performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Charles Taylor's growth in the last year to its industry (Insurance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Charles Taylor does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Charles Taylor's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Charles Taylor's 1-year growth to the GB Insurance industry average as it is not currently profitable.
Earnings and Revenue History
Charles Taylor's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Charles Taylor Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:CTR Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 263.56 -3.65 254.20
2018-09-30 247.72 0.11 238.18
2018-06-30 231.88 3.87 221.86
2018-03-31 221.35 6.39 209.73
2017-12-31 210.82 8.91 197.91
2017-09-30 204.21 9.73 190.53
2017-06-30 197.60 10.56 183.16
2017-03-31 183.43 10.55 168.72
2016-12-31 169.26 10.54 154.28
2016-09-30 158.77 12.67 143.61
2016-06-30 148.28 14.81 132.94
2016-03-31 145.86 14.64 130.47
2015-12-31 143.44 14.47 128.00
2015-06-30 134.82 9.12 119.15
2015-03-31 128.65 8.75 113.84
2014-12-31 122.48 8.38 108.53
2014-09-30 118.51 7.19 105.80
2014-06-30 114.27 6.17 102.57
2014-03-31 113.92 5.99 102.05
2013-12-31 113.58 5.81 101.53
2013-09-30 112.46 6.10 100.03
2013-06-30 111.35 6.40 98.54
2013-03-31 109.77 6.24 97.00
2012-12-31 108.20 6.09 95.46
2012-09-30 107.16 6.17 93.98
2012-06-30 106.11 6.26 92.51

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Charles Taylor has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Charles Taylor has efficiently used its assets last year compared to the GB Insurance industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Charles Taylor improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Charles Taylor's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Insurance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Charles Taylor has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CTR Health

 How is Charles Taylor's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Charles Taylor's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Charles Taylor is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Charles Taylor's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Charles Taylor's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 12.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Charles Taylor Company Filings, last reported 3 months ago.

LSE:CTR Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 88.98 97.98 185.08
2018-09-30 88.98 97.98 185.08
2018-06-30 96.39 77.32 158.32
2018-03-31 96.39 77.32 158.32
2017-12-31 78.15 81.89 159.79
2017-09-30 78.15 81.89 159.79
2017-06-30 74.06 55.34 138.68
2017-03-31 74.06 55.34 138.68
2016-12-31 70.16 53.71 156.15
2016-09-30 70.16 53.71 156.15
2016-06-30 60.90 11.27 109.62
2016-03-31 60.90 11.27 109.62
2015-12-31 89.48 21.69 106.20
2015-06-30 93.48 24.03 76.99
2015-03-31 93.48 24.03 76.99
2014-12-31 54.68 42.92 110.30
2014-09-30 54.68 42.92 110.30
2014-06-30 58.02 32.36 48.61
2014-03-31 58.02 32.36 48.61
2013-12-31 60.67 41.14 107.56
2013-09-30 60.67 41.14 107.56
2013-06-30 64.87 29.06 47.51
2013-03-31 64.87 29.06 47.51
2012-12-31 56.61 42.03 109.46
2012-09-30 56.61 42.03 109.46
2012-06-30 64.66 44.56 43.34
  • Charles Taylor's level of debt (110.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (67.7% vs 110.1% today).
  • Debt is well covered by operating cash flow (45%, greater than 20% of total debt).
  • Charles Taylor is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Charles Taylor's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Charles Taylor has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CTR Dividends

 What is Charles Taylor's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.58%
Current annual income from Charles Taylor dividends. Estimated to be 4.85% next year.
If you bought £2,000 of Charles Taylor shares you are expected to receive £92 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Charles Taylor's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.01%).
  • Charles Taylor's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.19%).
Upcoming dividend payment

Purchase Charles Taylor before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:CTR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Insurance Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 4.5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:CTR Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.13 1.00
2019-12-31 0.12 1.00
LSE:CTR Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-04-04 0.116 4.809
2019-03-13 0.116 5.778
2018-04-23 0.110 4.333
2018-03-14 0.110 4.219
2017-04-13 0.105 4.088
2017-03-09 0.105 4.408
2016-05-04 0.100 3.859
2015-08-28 0.105 4.103
2015-03-18 0.108 4.532
2014-04-09 0.100 3.989
2014-03-19 0.100 3.913
2013-03-20 0.100 4.792
2012-04-20 0.100 6.047
2012-03-23 0.100 6.690
2011-03-30 0.100 7.306
2011-03-29 0.100 6.716
2010-03-24 0.146 7.829
2010-03-23 0.146 6.674
2009-08-28 0.141 6.672
2009-04-22 0.139 7.450

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Charles Taylor's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).
X
Income/ dividend checks
We assess Charles Taylor's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Charles Taylor afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Charles Taylor has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CTR Management

 What is the CEO of Charles Taylor's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Marock
COMPENSATION £1,155,792
TENURE AS CEO 7.8 years
CEO Bio

Mr. David Gideon Marock has been an Executive Director at Charles Taylor plc since July 1, 2011 and served as its the Group Chief Executive Officer since July 1, 2011. Mr. Marock served as the Chief Operating Officer of Beazley plc (also known as Beazley Group plc) since October 2008 until June 2011. He is an actuary with over 20 years' experience in the financial services sector, specifically general and life insurance. He served as Head, Claims Team of Specialty Lines Business of Beazley plc from July 2005 to October 2008. He joined Beazley Group from McKinsey and Company where he was actively involved in the business transformation of a number of major global insurers and more specifically the London market. Prior to Beazley, Mr. Marock was at the management consultancy, McKinsey, advising financial services clients on strategic, operational and corporate finance matters. He served as Non-Executive Director of Standard Life Assurance Limited since October 24, 2016 until August 31, 2018. Mr. Marock chaired the Xchanging Review Board and sat on the Claims Service Review Board on behalf of the Lloyd’s Market Association.

CEO Compensation
  • David's compensation has been consistent with company performance over the past year.
  • David's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Charles Taylor management team in years:

5.2
Average Tenure
55
Average Age
  • The average tenure for the Charles Taylor management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

David Marock

TITLE
Group CEO & Executive Director
COMPENSATION
£1M
TENURE
7.8 yrs

Mark Keogh

TITLE
Group CFO & Executive Director
COMPENSATION
£596K
AGE
56
TENURE
4.7 yrs

Thomas Ely

TITLE
CEO of Adjusting Services & Executive Director
COMPENSATION
£540K
AGE
54
TENURE
3.3 yrs

Richard Yerbury

TITLE
Group Corporate Development & Operations Director

Jason Sahota

TITLE
Chief Information Officer
TENURE
4.3 yrs

Ivan Keane

TITLE
Group General Counsel
AGE
55

Mike Lord

TITLE
Group Communications Director
TENURE
9.9 yrs

Suzanne Deery

TITLE
Director of Human Resources
TENURE
5.3 yrs

Jeremy Grose

TITLE
Chief Executive Officer of Management Services - UK & International
TENURE
5.2 yrs

Jeffrey More

TITLE
Chief Executive Officer of Life Insurance Support Services
Board of Directors Tenure

Average tenure and age of the Charles Taylor board of directors in years:

4.5
Average Tenure
59
Average Age
  • The tenure for the Charles Taylor board of directors is about average.
Board of Directors

Edward Creasy

TITLE
Non-Executive Chairman
COMPENSATION
£100K
AGE
63
TENURE
3.7 yrs

David Marock

TITLE
Group CEO & Executive Director
COMPENSATION
£1M
TENURE
7.8 yrs

Mark Keogh

TITLE
Group CFO & Executive Director
COMPENSATION
£596K
AGE
56
TENURE
4.8 yrs

Thomas Ely

TITLE
CEO of Adjusting Services & Executive Director
COMPENSATION
£540K
AGE
54
TENURE
13.5 yrs

Gill Rider

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£56K
AGE
63
TENURE
4.5 yrs

Paul Hewitt

TITLE
Non-Executive Director
COMPENSATION
£51K
AGE
62
TENURE
2.4 yrs

Barnabas Hurst-Bannister

TITLE
Non-Executive Director
COMPENSATION
£41K
TENURE
4.5 yrs

Tamer Ozmen

TITLE
Non-Executive Director
COMPENSATION
£21K
AGE
55
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
09. Jan 19 Buy Suzanne Deery Individual 20. Nov 18 20. Nov 18 10,802 £2.28 £24,629
14. Dec 18 Buy David Marock Individual 13. Dec 18 13. Dec 18 9,370 £2.12 £19,876
X
Management checks
We assess Charles Taylor's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Charles Taylor has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CTR News

Simply Wall St News

How Does Investing In Charles Taylor plc (LON:CTR) Impact The Volatility Of Your Portfolio?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Based On Its ROE, Is Charles Taylor plc (LON:CTR) A High Quality Stock?

Our data shows Charles Taylor has a return on equity of 4.4% for the last year. … That means that for every £1 worth of shareholders' equity, it generated £0.044 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Should You Buy Charles Taylor plc (LON:CTR) For Its 4.8% Dividend?

Historically, Charles Taylor plc (LON:CTR) has paid a dividend to shareholders. … Let's dig deeper into whether Charles Taylor should have a place in your portfolio. … See our latest analysis for Charles Taylor

Simply Wall St -

Is Charles Taylor plc's (LON:CTR) CEO Being Overpaid?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does David Marock's Compensation Compare With Similar Sized Companies. … According to our data, Charles Taylor plc has a market capitalization of UK£175m, and pays its CEO total annual compensation worth UK£1.2m.

Simply Wall St -

Should You Be Tempted To Sell Charles Taylor plc (LON:CTR) Because Of Its P/E Ratio?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … Charles Taylor has a price to earnings ratio of 40.18, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Is Charles Taylor plc (LON:CTR) Expensive For A Reason? A Look At The Intrinsic Value

Pricing insurance stocks such as CTR is particularly challenging. … Given that these companies adhere to a different set of rules relative to other companies, their cash flows should also be valued differently. … Industry-specific factors, such as gross written premiums are crucial in understanding how insurance companies make money.

Simply Wall St -

Is Charles Taylor plc (LON:CTR) Attractive At Its Current PE Ratio?

Charles Taylor plc (LON:CTR) is currently trading at a trailing P/E of 22.5x, which is higher than the industry average of 16.1x. … While this makes CTR appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio. … Check out our latest analysis for Charles Taylor

Simply Wall St -

Charles Taylor plc's (LON:CTR) Earnings Dropped -15.47%, How Did It Fare Against The Industry?

When Charles Taylor plc (LON:CTR) released its most recent earnings update (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Being able to interpret how well Charles Taylor has done so far requires weighing its performance against a benchmark, rather than looking at a standalone number at a point in time. … CTR's trailing twelve-month earnings (from 31 December 2017) of UK£8.91m has

Simply Wall St -

What Is Charles Taylor plc's (LON:CTR) Share Price Doing?

Charles Taylor plc (LON:CTR), a insurance company based in United Kingdom,. … Let’s take a look at Charles Taylor’s outlook and value based on the most recent financial data to see if the opportunity still exists? … Check out our latest analysis for Charles Taylor

Simply Wall St -

With An ROE Of 11.67%, Has Charles Taylor plc's (LON:CTR) Management Done Well?

Check out our latest analysis for Charles Taylor Breaking down ROE — the mother of all ratios Return on Equity (ROE) is a measure of Charles Taylor’s profit relative to its shareholders’ equity. … For now, let’s just look at the cost of equity number for Charles Taylor, which is 8.77%. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity LSE:CTR Last Perf May 22nd 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

Simply Wall St -

CTR Company Info

Description

Charles Taylor plc provides professional services to the insurance market in the United Kingdom, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It operates through Management Services, Adjusting Services, and Insurance Support Services businesses. The Management Services business provides management services to insurance companies and associations. This business offers outsourced management and operational services comprising the marketing and management of underwriting and claims, as well as the provision of regulatory, accounting, administrative, investment management, and technology support services. The Adjusting Services business offers loss adjusting services for the aviation, energy, marine, property and casualty, and special risk sectors; and marine average adjusting and technical support services, as well as general loss adjusting services. The Insurance Support Services business provides a range of professional, technology, and support services comprising claims management, insurance technology, managing agency, business process outsourcing, risk transfer, and investment management services. Charles Taylor plc is headquartered in London, the United Kingdom.

Details
Name: Charles Taylor plc
CTR
Exchange: LSE
Founded:
£194,425,527
77,000,209
Website: http://www.ctplc.com
Address: Charles Taylor plc
The Minister Building,
21 Mincing Lane,
London,
Greater London, EC3R 7AG,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE CTR Ordinary Shares London Stock Exchange GB GBP 10. Oct 1996
OTCPK CHTY.F Ordinary Shares Pink Sheets LLC US USD 10. Oct 1996
BATS-CHIXE CTRl Ordinary Shares BATS 'Chi-X Europe' GB GBP 10. Oct 1996
Number of employees
Current staff
Staff numbers
3,086
Charles Taylor employees.
Industry
Insurance Brokers
Insurance
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 20:34
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/12
Last earnings filing: 2019/04/04
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.