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CAR

CarcloLSE:CAR Stock Report

Market Cap

UK£31.3m

7D

12.1%

1Y

207.6%

Updated

30 Nov, 2021

Data

Company Financials +
CAR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

CAR Stock Overview

Carclo plc, together with its subsidiaries, manufactures and sells fine tolerance injection molded plastic parts.

Carclo Competitors

West Pharmaceutical Services

NYSE:WST

US$32.8b

Nolato

OM:NOLA B

kr28.5b

Gerresheimer

XTRA:GXI

€2.5b

Price History & Performance

Summary of all time highs, changes and price drops for Carclo
Historical stock prices
Current Share PriceUK£0.43
52 Week HighUK£0.72
52 Week LowUK£0.12
Beta0.87
1 Month Change-4.27%
3 Month Change7.03%
1 Year Change207.58%
3 Year Change-47.21%
5 Year Change-65.54%
Change since IPO-69.79%

Recent News & Updates

Nov 22
We Think Carclo (LON:CAR) Is Taking Some Risk With Its Debt

We Think Carclo (LON:CAR) Is Taking Some Risk With Its Debt

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

Oct 27
At UK£0.41, Is Carclo plc (LON:CAR) Worth Looking At Closely?

At UK£0.41, Is Carclo plc (LON:CAR) Worth Looking At Closely?

Carclo plc ( LON:CAR ), might not be a large cap stock, but it received a lot of attention from a substantial price...

Sep 22
Investors Could Be Concerned With Carclo's (LON:CAR) Returns On Capital

Investors Could Be Concerned With Carclo's (LON:CAR) Returns On Capital

What underlying fundamental trends can indicate that a company might be in decline? A business that's potentially in...

Aug 12
Carclo (LON:CAR) Has No Shortage Of Debt

Carclo (LON:CAR) Has No Shortage Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

CARGB ChemicalsGB Market
7D12.1%0.4%-2.6%
1Y207.6%31.8%10.9%

Return vs Industry: CAR exceeded the UK Chemicals industry which returned 34.3% over the past year.

Return vs Market: CAR exceeded the UK Market which returned 13.8% over the past year.

Price Volatility

Is CAR's price volatile compared to industry and market?
CAR volatility
CAR Average Weekly Movement10.1%
Chemicals Industry Average Movement6.4%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.8%
10% least volatile stocks in GB Market2.5%

Stable Share Price: CAR is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: CAR's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
19241,048n/ahttps://www.carclo.co.uk

Carclo plc, together with its subsidiaries, manufactures and sells fine tolerance injection molded plastic parts. It operates in two segments, Technical Plastics and Aerospace. The Technical Plastics segment offers fine tolerance and injection molded plastic components for use in the medical, diagnostics, optical, and electronic products.

Carclo Fundamentals Summary

How do Carclo's earnings and revenue compare to its market cap?
CAR fundamental statistics
Market CapUK£31.28m
Earnings (TTM)UK£12.33m
Revenue (TTM)UK£116.29m

2.5x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CAR income statement (TTM)
RevenueUK£116.29m
Cost of RevenueUK£44.94m
Gross ProfitUK£71.35m
ExpensesUK£59.02m
EarningsUK£12.33m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.17
Gross Margin61.35%
Net Profit Margin10.60%
Debt/Equity Ratio187.3%

How did CAR perform over the long term?

See historical performance and comparison

Valuation

Is Carclo undervalued compared to its fair value and its price relative to the market?

2.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CAR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CAR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CAR is good value based on its PE Ratio (2.5x) compared to the UK Chemicals industry average (25.9x).

PE vs Market: CAR is good value based on its PE Ratio (2.5x) compared to the UK market (19x).


Price to Earnings Growth Ratio

PEG Ratio: CAR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CAR is good value based on its PB Ratio (1.8x) compared to the GB Chemicals industry average (2.6x).


Future Growth

How is Carclo forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-33.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CAR's earnings are forecast to decline over the next 3 years (-33.1% per year).

Earnings vs Market: CAR's earnings are forecast to decline over the next 3 years (-33.1% per year).

High Growth Earnings: CAR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CAR's revenue (4.5% per year) is forecast to grow slower than the UK market (4.9% per year).

High Growth Revenue: CAR's revenue (4.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CAR's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Carclo performed over the past 5 years?

-13.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CAR has a high level of non-cash earnings.

Growing Profit Margin: CAR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CAR's earnings have declined by 13.6% per year over the past 5 years.

Accelerating Growth: CAR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CAR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (37.1%).


Return on Equity

High ROE: Whilst CAR's Return on Equity (72.14%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is Carclo's financial position?


Financial Position Analysis

Short Term Liabilities: CAR's short term assets (£56.6M) exceed its short term liabilities (£33.0M).

Long Term Liabilities: CAR's short term assets (£56.6M) do not cover its long term liabilities (£74.0M).


Debt to Equity History and Analysis

Debt Level: CAR's net debt to equity ratio (126.5%) is considered high.

Reducing Debt: CAR's debt to equity ratio has reduced from 270.6% to 187.3% over the past 5 years.

Debt Coverage: CAR's debt is well covered by operating cash flow (29.5%).

Interest Coverage: CAR's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Dividend

What is Carclo current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CAR'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?

2.1yrs

Average management tenure


CEO

Carclo has no CEO, or we have no data on them.


Leadership Team

Experienced Management: CAR's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: CAR's board of directors are not considered experienced ( 0.8 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: CAR 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

Carclo plc's employee growth, exchange listings and data sources


Key Information

  • Name: Carclo plc
  • Ticker: CAR
  • Exchange: LSE
  • Founded: 1924
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: UK£31.275m
  • Shares outstanding: 73.42m
  • Website: https://www.carclo.co.uk

Number of Employees


Location

  • Carclo plc
  • Springstone House
  • PO Box 88
  • Ossett
  • West Yorkshire
  • WF5 9WS
  • 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 21:37
End of Day Share Price2021/11/30 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.