LSE:FOUR

Stock Analysis Report

Executive Summary

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


Snowflake Analysis

Outstanding track record with flawless balance sheet and pays a dividend.

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

-10.2%

FOUR

-5.9%

GB Media

-5.4%

GB Market


1 Year Return

53.5%

FOUR

1.9%

GB Media

2.0%

GB Market

Return vs Industry: FOUR exceeded the UK Media industry which returned 1.8% over the past year.

Return vs Market: FOUR exceeded the UK Market which returned 1.4% over the past year.


Shareholder returns

FOURIndustryMarket
7 Day-10.2%-5.9%-5.4%
30 Day-6.7%-6.9%-4.2%
90 Day-1.0%-7.5%-2.6%
1 Year56.9%53.5%5.8%1.9%7.6%2.0%
3 Year100.8%82.4%-16.1%-26.8%11.4%-2.7%
5 Year251.8%206.5%-10.1%-28.4%29.0%-0.6%

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?

4.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FOUR (£30.7) is trading below our estimate of fair value (£32.08)

Significantly Below Fair Value: FOUR is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: FOUR is poor value based on its PE Ratio (29.3x) compared to the Media industry average (23.3x).

PE vs Market: FOUR is poor value based on its PE Ratio (29.3x) compared to the UK market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: FOUR is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: FOUR is overvalued based on its PB Ratio (25.9x) compared to the GB Media industry average (1.3x).


Next Steps

Future Growth

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

11.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FOUR's forecast earnings growth (11.4% per year) is above the savings rate (0.5%).

Earnings vs Market: FOUR's earnings (11.4% per year) are forecast to grow slower than the UK market (13% per year).

High Growth Earnings: FOUR's earnings are forecast to grow, but not significantly.

Revenue vs Market: FOUR's revenue (8.6% per year) is forecast to grow faster than the UK market (3.8% per year).

High Growth Revenue: FOUR's revenue (8.6% 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 very high in 3 years time (59.7%).


Next Steps

Past Performance

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

18.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FOUR has high quality earnings.

Growing Profit Margin: FOUR's current net profit margins (4.8%) are higher than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: FOUR's earnings have grown by 18.2% per year over the past 5 years.

Accelerating Growth: FOUR's earnings growth over the past year (24.4%) exceeds its 5-year average (18.2% per year).

Earnings vs Industry: FOUR earnings growth over the past year (24.4%) exceeded the Media industry 3.7%.


Return on Equity

High ROE: FOUR's Return on Equity (88.3%) 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 ($102.4M) exceed its short term liabilities ($73.0M).

Long Term Liabilities: FOUR's short term assets ($102.4M) exceed its long term liabilities ($16.2M).


Debt to Equity History and Analysis

Debt Level: FOUR is debt free.

Reducing Debt: FOUR had no debt 5 years ago.

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

Inventory Level: FOUR has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if FOUR's debt is covered by short term assets.


Next Steps

Dividend

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

1.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FOUR's dividend (1.76%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.9%).

High Dividend: FOUR's dividend (1.76%) is low compared to the top 25% of dividend payers in the UK market (5.34%).


Stability and Growth of Payments

Stable Dividend: FOUR's dividends per share have been stable in the past 10 years.

Growing Dividend: FOUR's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (54.8%), FOUR's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FOUR's dividends in 3 years are forecast to be covered by earnings (54.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.9yrs

Average management tenure


CEO

Kevin Lyons-Tarr 0

4.9yrs

Tenure

US$737,825

Compensation

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


CEO Compensation Analysis

Compensation vs Market: Kevin's total compensation ($USD953.66K) is about average for companies of similar size in the UK market ($USD1.20M).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Kevin Lyons-Tarr
CEO, Exec. Director4.9yrsUS$737.83k0.92% $7.9m
David J. Seekings
CFO, Director & Divisional Finance Director of 4Imprint Direct Marketing0yrsUS$501.25k0.65% $5.6m
P. Vaughan
Chairman of the Trade Division0yrsno datano data
Chris Lee
Chief Executive Officer of Brand Addition0yrsno datano data
Emma Taylor
Company Secretary0.2yrsno datano data

4.9yrs

Average Tenure

Experienced Management: FOUR's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kevin Lyons-Tarr
CEO, Exec. Director4.9yrsUS$737.83k0.92% $7.9m
David J. Seekings
CFO, Director & Divisional Finance Director of 4Imprint Direct Marketing0yrsUS$501.25k0.65% $5.6m
Tina Southall
Independent Non-Executive Director0.8yrsno datano data
John Warren
Senior Independent Non-Executive Director0yrsUS$35.00k0.018% $153.5k
Charles Brady
Independent Non-Executive Director4.7yrsUS$35.00k0.0036% $30.7k
Paul Moody
Non-Executive Chairman3.2yrsUS$120.00k0.018% $153.5k

3.9yrs

Average Tenure

63yo

Average Age

Experienced Board: FOUR's board of directors are considered experienced (3.9 years average tenure).


Ownership

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

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£859.545m
  • Shares outstanding: 28.00m
  • Website: https://investors.4imprint.com

Number of Employees


Location

  • 4imprint Group plc
  • 7/8 Market Place
  • London
  • Greater London
  • W1W 8AG
  • 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 the United Kingdom, Ireland, and North America. It offers apparel, bags, drinkware, stationery, and toys and novelties, as well as writing, technology, outdoor and leisure, tradeshows and signage, auto, home and tools, food and candy, office and awards, and wellness and safety products. The company markets its products to individuals in businesses, and organizations. 4imprint Group plc was incorporated in 1921 and is based in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 20:55
End of Day Share Price2020/02/26 00:00
Earnings2019/06/29
Annual Earnings2018/12/29


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.