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BLV

Belvoir GroupAIM:BLV Stock Report

Last Price

UK£2.54

Market Cap

UK£94.5m

7D

-1.6%

1Y

51.3%

Updated

20 Jan, 2022

Data

Company Financials +
BLV fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends3/6

BLV Stock Overview

Belvoir Group PLC operates as a property franchise company in the United Kingdom.

Belvoir Group Competitors

LSL Property Services

LSE:LSL

UK£408.8m

Foxtons Group

LSE:FOXT

UK£137.6m

Purplebricks Group

AIM:PURP

UK£70.6m

Rightmove

LSE:RMV

UK£5.7b

Price History & Performance

Summary of all time highs, changes and price drops for Belvoir Group
Historical stock prices
Current Share PriceUK£2.54
52 Week HighUK£3.26
52 Week LowUK£1.61
Beta1.28
1 Month Change5.63%
3 Month Change-7.82%
1 Year Change51.34%
3 Year Change180.11%
5 Year Change132.57%
Change since IPO207.27%

Recent News & Updates

Dec 04
Calculating The Intrinsic Value Of Belvoir Group PLC (LON:BLV)

Calculating The Intrinsic Value Of Belvoir Group PLC (LON:BLV)

Does the December share price for Belvoir Group PLC ( LON:BLV ) reflect what it's really worth? Today, we will estimate...

Oct 07
Is Belvoir Group (LON:BLV) A Risky Investment?

Is Belvoir Group (LON:BLV) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Sep 15
Belvoir Group (LON:BLV) Strong Profits May Be Masking Some Underlying Issues

Belvoir Group (LON:BLV) Strong Profits May Be Masking Some Underlying Issues

Following the solid earnings report from Belvoir Group PLC ( LON:BLV ), the market responded by bidding up the stock...

Shareholder Returns

BLVGB Real EstateGB Market
7D-1.6%-0.2%-0.5%
1Y51.3%13.4%8.7%

Return vs Industry: BLV exceeded the UK Real Estate industry which returned 10.6% over the past year.

Return vs Market: BLV exceeded the UK Market which returned 8.3% over the past year.

Price Volatility

Is BLV's price volatile compared to industry and market?
BLV volatility
BLV Average Weekly Movement5.4%
Real Estate Industry Average Movement3.8%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: BLV is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BLV's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995137Dorian Gonsalveshttps://www.belvoirgroup.com

Belvoir Group PLC operates as a property franchise company in the United Kingdom. The company operates property franchises offering residential lettings and sales through 418 individual businesses primarily under the Belvoir, Newton Fallowell, Lovelle, Mortgage Advice Bureau, and Northwood brands. It also operates a network of financial advisers offering mortgage and other property related financial services.

Belvoir Group Fundamentals Summary

How do Belvoir Group's earnings and revenue compare to its market cap?
BLV fundamental statistics
Market CapUK£94.54m
Earnings (TTM)UK£6.24m
Revenue (TTM)UK£25.73m

15.2x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BLV income statement (TTM)
RevenueUK£25.73m
Cost of RevenueUK£8.71m
Gross ProfitUK£17.02m
ExpensesUK£10.78m
EarningsUK£6.24m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.17
Gross Margin66.16%
Net Profit Margin24.25%
Debt/Equity Ratio29.9%

How did BLV perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

44%

Payout Ratio

Valuation

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

10.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BLV (£2.54) is trading below our estimate of fair value (£2.83)

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


Price To Earnings Ratio

PE vs Industry: BLV is poor value based on its PE Ratio (15.2x) compared to the UK Real Estate industry average (13.6x).

PE vs Market: BLV is good value based on its PE Ratio (15.2x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: BLV is poor value based on its PEG Ratio (53x)


Price to Book Ratio

PB vs Industry: BLV is overvalued based on its PB Ratio (3.1x) compared to the GB Real Estate industry average (0.9x).


Future Growth

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

0.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BLV's forecast earnings growth (0.3% per year) is below the savings rate (0.9%).

Earnings vs Market: BLV's earnings (0.3% per year) are forecast to grow slower than the UK market (12.1% per year).

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

Revenue vs Market: BLV's revenue (5.2% per year) is forecast to grow faster than the UK market (4.8% per year).

High Growth Revenue: BLV's revenue (5.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BLV's Return on Equity is forecast to be high in 3 years time (20%)


Past Performance

How has Belvoir Group performed over the past 5 years?

21.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLV has high quality earnings.

Growing Profit Margin: BLV's current net profit margins (24.3%) are lower than last year (25.2%).


Past Earnings Growth Analysis

Earnings Trend: BLV's earnings have grown significantly by 21.8% per year over the past 5 years.

Accelerating Growth: BLV's earnings growth over the past year (24%) exceeds its 5-year average (21.8% per year).

Earnings vs Industry: BLV earnings growth over the past year (24%) underperformed the Real Estate industry 44.5%.


Return on Equity

High ROE: BLV's Return on Equity (20.4%) is considered high.


Financial Health

How is Belvoir Group's financial position?


Financial Position Analysis

Short Term Liabilities: BLV's short term assets (£10.9M) exceed its short term liabilities (£6.7M).

Long Term Liabilities: BLV's short term assets (£10.9M) exceed its long term liabilities (£10.5M).


Debt to Equity History and Analysis

Debt Level: BLV's net debt to equity ratio (13%) is considered satisfactory.

Reducing Debt: BLV's debt to equity ratio has reduced from 40.2% to 29.9% over the past 5 years.

Debt Coverage: BLV's debt is well covered by operating cash flow (94%).

Interest Coverage: BLV's interest payments on its debt are well covered by EBIT (239.7x coverage).


Balance Sheet


Dividend

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

3.16%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BLV's dividend (3.16%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: BLV's dividend (3.16%) is low compared to the top 25% of dividend payers in the UK market (4.04%).


Stability and Growth of Payments

Stable Dividend: BLV has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: BLV's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (44%), BLV's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BLV's dividends in 3 years are forecast to be well covered by earnings (47.1% payout ratio).


Next Steps

Management

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

9.7yrs

Average management tenure


CEO

Dorian Gonsalves (46 yo)

11.5yrs

Tenure

UK£354,000

Compensation

Mr. Dorian Gonsalves has been the Chief Executive Officer of Belvoir Group PLC (formerly known as Belvoir Lettings plc) since July 13, 2017 and served as its Chief Operating Officer until July 13, 2017. Mr...


CEO Compensation Analysis

Compensation vs Market: Dorian's total compensation ($USD483.16K) is above average for companies of similar size in the UK market ($USD327.60K).

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


Leadership Team

Experienced Management: BLV's management team is seasoned and experienced (9.7 years average tenure).


Board Members

Experienced Board: BLV's board of directors are considered experienced (5.8 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.9%.


Top Shareholders

Company Information

Belvoir Group PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Belvoir Group PLC
  • Ticker: BLV
  • Exchange: AIM
  • Founded: 1995
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Implied Market Cap: UK£94.536m
  • Shares outstanding: 37.29m
  • Website: https://www.belvoirgroup.com

Number of Employees


Location

  • Belvoir Group PLC
  • The Old Courthouse
  • 60A London Road
  • Grantham
  • Lincolnshire
  • NG31 6HR
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 21:20
End of Day Share Price2022/01/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.