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£3.20|
|52 Week High||UK£3.87|
|52 Week Low||UK£2.82|
|1 Month Change||-3.03%|
|3 Month Change||3.90%|
|1 Year Change||-17.53%|
|3 Year Change||-16.23%|
|5 Year Change||-30.89%|
|Change since IPO||407.94%|
Recent News & Updates
Castings (LON:CGS) Has Announced That It Will Be Increasing Its Dividend To £0.1257
Castings P.L.C.'s ( LON:CGS ) dividend will be increasing from last year's payment of the same period to £0.1257 on...
Castings (LON:CGS) Is Paying Out A Larger Dividend Than Last Year
Castings P.L.C. ( LON:CGS ) will increase its dividend on the 19th of August to UK£0.13. This takes the annual payment...
|CGS||GB Metals and Mining||GB Market|
Return vs Industry: CGS underperformed the UK Metals and Mining industry which returned -10.1% over the past year.
Return vs Market: CGS underperformed the UK Market which returned -8.2% over the past year.
|CGS Average Weekly Movement||5.6%|
|Metals and Mining Industry Average Movement||7.5%|
|Market Average Movement||5.4%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.7%|
Stable Share Price: CGS is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CGS's weekly volatility (6%) 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£118.11m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.20|
|Net Profit Margin||5.76%|
How did CGS perform over the long term?See historical performance and comparison
5.1%Current Dividend Yield
Is CGS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CGS?
Other financial metrics that can be useful for relative valuation.
|What is CGS's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does CGS's PE Ratio compare to its peers?
|CGS PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
APF Anglo Pacific Group
HILS Hill & Smith Holdings
SML Strategic Minerals
Price-To-Earnings vs Peers: CGS is good value based on its Price-To-Earnings Ratio (16.3x) compared to the peer average (19.7x).
Price to Earnings Ratio vs Industry
How does CGS's PE Ratio compare vs other companies in the GB Metals and Mining Industry?
Price-To-Earnings vs Industry: CGS is expensive based on its Price-To-Earnings Ratio (16.3x) compared to the UK Metals and Mining industry average (6.2x)
Price to Earnings Ratio vs Fair Ratio
What is CGS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||16.3x|
|Fair PE Ratio||12.2x|
Price-To-Earnings vs Fair Ratio: CGS is expensive based on its Price-To-Earnings Ratio (16.3x) compared to the estimated Fair Price-To-Earnings Ratio (12.2x).
Share Price vs Fair Value
What is the Fair Price of CGS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CGS (£3.2) is trading below our estimate of fair value (£9.03)
Significantly Below Fair Value: CGS is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.
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How is Castings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CGS's forecast earnings growth (12.7% per year) is above the savings rate (0.9%).
Earnings vs Market: CGS's earnings (12.7% per year) are forecast to grow faster than the UK market (9.8% per year).
High Growth Earnings: CGS's earnings are forecast to grow, but not significantly.
Revenue vs Market: CGS's revenue (4.5% per year) is forecast to grow slower than the UK market (4.6% per year).
High Growth Revenue: CGS'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 CGS's Return on Equity is forecast to be high in 3 years time
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How has Castings performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CGS has high quality earnings.
Growing Profit Margin: CGS's current net profit margins (5.8%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: CGS's earnings have declined by 13% per year over the past 5 years.
Accelerating Growth: CGS's earnings growth over the past year (106.1%) exceeds its 5-year average (-13% per year).
Earnings vs Industry: CGS earnings growth over the past year (106.1%) exceeded the Metals and Mining industry 9.8%.
Return on Equity
High ROE: CGS's Return on Equity (6.5%) is considered low.
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How is Castings's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CGS's short term assets (£102.0M) exceed its short term liabilities (£28.5M).
Long Term Liabilities: CGS's short term assets (£102.0M) exceed its long term liabilities (£5.2M).
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.
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What is Castings's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CGS's dividend (5.07%) is higher than the bottom 25% of dividend payers in the UK market (1.86%).
High Dividend: CGS's dividend (5.07%) is low compared to the top 25% of dividend payers in the UK market (5.13%).
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.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.8%), CGS's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (117.8%), CGS's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Adam Vicary (54 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 ($USD452.91K) is below average for companies of similar size in the UK market ($USD711.48K).
Compensation vs Earnings: Adam's compensation has been consistent with company performance over the past year.
Experienced Board: CGS's board of directors are seasoned and experienced ( 10.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CGS 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£139.386m
- Shares outstanding: 43.56m
- 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||2022/08/17 00:00|
|End of Day Share Price||2022/08/17 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.