LSE:FOUR

Stock Analysis Report

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Executive Summary

4imprint Group plc operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland.


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has 4imprint Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FOUR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.6%

FOUR

0.9%

GB Media

-0.7%

GB Market


1 Year Return

-17.5%

FOUR

-36.7%

GB Media

-12.7%

GB Market

Return vs Industry: FOUR exceeded the UK Media industry which returned -36.7% over the past year.

Return vs Market: FOUR underperformed the UK Market which returned -12.7% over the past year.


Shareholder returns

FOURIndustryMarket
7 Day4.6%0.9%-0.7%
30 Day-2.8%-6.6%-1.3%
90 Day29.7%2.6%4.8%
1 Year-16.9%-17.5%-34.5%-36.7%-8.8%-12.7%
3 Year49.2%37.8%-41.5%-49.8%-7.7%-19.0%
5 Year112.0%87.2%-40.2%-53.7%11.6%-13.3%

Price Volatility Vs. Market

How volatile is 4imprint Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is 4imprint Group undervalued compared to its fair value and its price relative to the market?

20.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FOUR (£24) is trading above our estimate of fair value (£22.71)

Significantly Below Fair Value: FOUR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FOUR is poor value based on its PE Ratio (20.5x) compared to the GB Media industry average (15.3x).

PE vs Market: FOUR is poor value based on its PE Ratio (20.5x) compared to the UK market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: FOUR is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: FOUR is overvalued based on its PB Ratio (13.9x) compared to the GB Media industry average (0.8x).


Next Steps

Future Growth

How is 4imprint Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

22.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FOUR's forecast earnings growth (22.2% per year) is above the savings rate (1.2%).

Earnings vs Market: FOUR's earnings (22.2% per year) are forecast to grow slower than the UK market (22.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FOUR's revenue (5.1% per year) is forecast to grow faster than the UK market (4.7% per year).

High Growth Revenue: FOUR's revenue (5.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FOUR's Return on Equity is forecast to be high in 3 years time (35.1%)


Next Steps

Past Performance

How has 4imprint Group performed over the past 5 years?

17.0%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: FOUR's current net profit margins (5%) are higher than last year (4.8%).


Past Earnings Growth Analysis

Earnings Trend: FOUR's earnings have grown by 17% per year over the past 5 years.

Accelerating Growth: FOUR's earnings growth over the past year (21.5%) exceeds its 5-year average (17% per year).

Earnings vs Industry: FOUR earnings growth over the past year (21.5%) exceeded the Media industry 1.5%.


Return on Equity

High ROE: FOUR's Return on Equity (67.9%) is considered outstanding.


Next Steps

Financial Health

How is 4imprint Group's financial position?


Financial Position Analysis

Short Term Liabilities: FOUR's short term assets ($105.6M) exceed its short term liabilities ($60.8M).

Long Term Liabilities: FOUR's short term assets ($105.6M) exceed its long term liabilities ($13.7M).


Debt to Equity History and Analysis

Debt Level: FOUR is debt free.

Reducing Debt: FOUR has not had any debt for past 5 years.

Debt Coverage: FOUR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FOUR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is 4imprint Group current dividend yield, its reliability and sustainability?

2.18%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

5.4yrs

Average management tenure


CEO

Kevin Lyons-Tarr

5.42yrs

Tenure

US$795,159

Compensation

Mr. Kevin Lyons-Tarr has been the Chief Executive at 4imprint Group plc since March 31, 2015. Mr. Lyons-Tarr served as the Chief Executive of Direct Market Division of 4imprint Group plc. and served as its ...


CEO Compensation Analysis

Compensation vs Market: Kevin's total compensation ($USD1.04M) is about average for companies of similar size in the UK market ($USD1.18M).

Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Kevin Lyons-Tarr
CEO & Executive Director5.42yrsUS$795.16k0.94%
$ 6.3m
David J. Seekings
CFO, Director & Divisional Finance Director of 4Imprint Direct Marketingno dataUS$541.36k0.66%
$ 4.4m
P. Vaughan
Chairman of the Trade Divisionno datano datano data
Chris Lee
Chief Executive Officer of Brand Additionno datano datano data
Emma Taylor
Company Secretary0.67yrno datano data

5.4yrs

Average Tenure

Experienced Management: FOUR's management team is seasoned and experienced (5.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kevin Lyons-Tarr
CEO & Executive Director5.42yrsUS$795.16k0.94%
$ 6.3m
David J. Seekings
CFO, Director & Divisional Finance Director of 4Imprint Direct Marketingno dataUS$541.36k0.66%
$ 4.4m
Tina Southall
Independent Non-Executive Director1.25yrsUS$29.37k0.0071%
$ 48.0k
John Warren
Senior Independent Non-Executive Directorno dataUS$45.00k0.018%
$ 120.0k
Charles Brady
Independent Non-Executive Director5.17yrsUS$45.00k0.0036%
$ 24.0k
Paul Moody
Non-Executive Chairman3.67yrsUS$120.00k0.034%
$ 228.0k

4.4yrs

Average Tenure

64yo

Average Age

Experienced Board: FOUR's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: FOUR 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

4imprint Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: 4imprint Group plc
  • Ticker: FOUR
  • Exchange: LSE
  • Founded: 1921
  • Industry: Advertising
  • Sector: Media
  • Market Cap: UK£672.243m
  • Shares outstanding: 28.01m
  • Website: https://investors.4imprint.com

Number of Employees


Location

  • 4imprint Group plc
  • 25 Southampton Buildings
  • London
  • Greater London
  • WC2A 1AL
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FRRF.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
FOURLSE (London Stock Exchange)YesOrdinary SharesGBGBPJan 1992
IMWDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
FOURLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJan 1992

Biography

4imprint Group plc operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland. It offers apparel, bags, drinkware, and stationery, as well as writing, technolog ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 21:40
End of Day Share Price2020/08/04 00:00
Earnings2019/12/28
Annual Earnings2019/12/28


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.