CGS Stock Overview
Castings P.L.C. engages in the iron casting and machining activities.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£3.53|
|52 Week High||UK£4.20|
|52 Week Low||UK£3.30|
|1 Month Change||0.28%|
|3 Month Change||-1.94%|
|1 Year Change||-2.49%|
|3 Year Change||-8.31%|
|5 Year Change||-21.12%|
|Change since IPO||460.32%|
Recent News & Updates
|CGS||GB Metals and Mining||GB Market|
Return vs Industry: CGS underperformed the UK Metals and Mining industry which returned 3.1% over the past year.
Return vs Market: CGS underperformed the UK Market which returned 8.7% over the past year.
|CGS Average Weekly Movement||3.5%|
|Metals and Mining Industry Average Movement||7.5%|
|Market Average Movement||5.0%|
|10% most volatile stocks in GB Market||10.7%|
|10% least volatile stocks in GB Market||2.5%|
Stable Share Price: CGS is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CGS's weekly volatility (3%) has been stable over the past year.
About the Company
Castings P.L.C. engages in the iron casting and machining activities. It operates through Foundry Operations and Machining Operations segments. The company offers ductile iron, spheroidal graphite iron, austempered ductile iron, SiMo, grey iron, and Ni-resist castings.
Castings Fundamentals Summary
|CGS fundamental statistics|
Is CGS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CGS income statement (TTM)|
|Cost of Revenue||UK£114.08m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.21|
|Net Profit Margin||6.33%|
How did CGS perform over the long term?See historical performance and comparison
4.3%Current Dividend Yield
Is Castings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CGS (£3.53) is trading below our estimate of fair value (£5.82)
Significantly Below Fair Value: CGS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CGS is poor value based on its PE Ratio (17x) compared to the UK Metals and Mining industry average (8.6x).
PE vs Market: CGS is good value based on its PE Ratio (17x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CGS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CGS is good value based on its PB Ratio (1.2x) compared to the GB Metals and Mining industry average (2x).
How is Castings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CGS's forecast earnings growth is above the savings rate (0.9%).
Earnings vs Market: Insufficient data to determine if CGS's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CGS's revenue (3.5% per year) is forecast to grow slower than the UK market (4.9% per year).
High Growth Revenue: CGS's revenue (3.5% 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 CGS's Return on Equity is forecast to be high in 3 years time
How has Castings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CGS has high quality earnings.
Growing Profit Margin: CGS's current net profit margins (6.3%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: CGS's earnings have declined by 16.2% per year over the past 5 years.
Accelerating Growth: CGS's earnings growth over the past year (150.4%) exceeds its 5-year average (-16.2% per year).
Earnings vs Industry: CGS earnings growth over the past year (150.4%) underperformed the Metals and Mining industry 150.4%.
Return on Equity
High ROE: CGS's Return on Equity (7%) is considered low.
How is Castings's financial position?
Financial Position Analysis
Short Term Liabilities: CGS's short term assets (£91.2M) exceed its short term liabilities (£24.5M).
Long Term Liabilities: CGS's short term assets (£91.2M) exceed its long term liabilities (£3.6M).
Debt to Equity History and Analysis
Debt Level: CGS is debt free.
Reducing Debt: CGS has not had any debt for past 5 years.
Debt Coverage: CGS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CGS has no debt, therefore coverage of interest payments is not a concern.
What is Castings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CGS's dividend (4.35%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: CGS's dividend (4.35%) is in the top 25% of dividend payers in the UK market (4.04%)
Stability and Growth of Payments
Stable Dividend: CGS's dividends per share have been stable in the past 10 years.
Growing Dividend: CGS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.1%), CGS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CGS's dividends in 3 years are forecast to be covered by earnings (55.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Adam Vicary (53 yo)
Mr. Adam Vicary, BEng, MSc, FICME has been the Managing Director of the Brownhills Site since April 3, 2012. Mr. Vicary has been the Chief Executive Officer and Executive Director for Castings Public Limit...
CEO Compensation Analysis
Compensation vs Market: Adam's total compensation ($USD432.54K) is about average for companies of similar size in the UK market ($USD573.76K).
Compensation vs Earnings: Adam's compensation has been consistent with company performance over the past year.
Experienced Board: CGS's board of directors are considered experienced (9.8 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.
Castings P.L.C.'s employee growth, exchange listings and data sources
- Name: Castings P.L.C.
- Ticker: CGS
- Exchange: LSE
- Founded: 1835
- Industry: Steel
- Sector: Materials
- Implied Market Cap: UK£154.021m
- Shares outstanding: 43.63m
- Website: https://www.castings.plc.uk
Number of Employees
- Castings P.L.C.
- Lichfield Road
- West Midlands
- WS8 6JZ
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 21:17|
|End of Day Share Price||2022/01/21 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.