Property Franchise Group
Market Cap
UK£42.6m
Last Updated
2020/03/27 23:17 UTC
Data Sources
Company Financials +
Executive Summary
The Property Franchise Group PLC manages real estate properties in the United Kingdom.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with excellent balance sheet.
Similar Companies
Share Price & News
How has Property Franchise Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TPFG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-3.5%
TPFG
5.5%
GB Real Estate
5.9%
GB Market
1 Year Return
25.0%
TPFG
-18.8%
GB Real Estate
-22.7%
GB Market
Return vs Industry: TPFG exceeded the UK Real Estate industry which returned -16.5% over the past year.
Return vs Market: TPFG exceeded the UK Market which returned -18.8% over the past year.
Shareholder returns
| TPFG | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.5% | 5.5% | 5.9% |
| 30 Day | -25.3% | -35.1% | -23.1% |
| 90 Day | -17.5% | -35.7% | -28.1% |
| 1 Year | 31.9%25.0% | -16.6%-18.8% | -18.6%-22.7% |
| 3 Year | 31.5%12.6% | -20.7%-27.3% | -13.4%-24.7% |
| 5 Year | 63.5%30.4% | -13.7%-23.7% | 1.3%-22.0% |
Price Volatility Vs. Market
How volatile is Property Franchise Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Read This Before Buying The Property Franchise Group PLC (LON:TPFG) Shares1 month ago | Simply Wall St
How Does The Property Franchise Group PLC (LON:TPFG) Fare As A Dividend Stock?1 month ago | Simply Wall St
Estimating The Intrinsic Value Of The Property Franchise Group PLC (LON:TPFG)Valuation
Is Property Franchise Group undervalued compared to its fair value and its price relative to the market?
44.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TPFG (£1.65) is trading below our estimate of fair value (£2.99)
Significantly Below Fair Value: TPFG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TPFG is good value based on its PE Ratio (12x) compared to the Real Estate industry average (12.4x).
PE vs Market: TPFG is good value based on its PE Ratio (12x) compared to the UK market (12.7x).
Price to Earnings Growth Ratio
PEG Ratio: TPFG is poor value based on its PEG Ratio (98.3x)
Price to Book Ratio
PB vs Industry: TPFG is overvalued based on its PB Ratio (2.7x) compared to the GB Real Estate industry average (0.8x).
Next Steps
Future Growth
How is Property Franchise Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
0.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TPFG's forecast earnings growth (0.1% per year) is below the savings rate (0.5%).
Earnings vs Market: TPFG's earnings (0.1% per year) are forecast to grow slower than the UK market (15.4% per year).
High Growth Earnings: TPFG's earnings are forecast to grow, but not significantly.
Revenue vs Market: TPFG's revenue (4.2% per year) is forecast to grow faster than the UK market (2.7% per year).
High Growth Revenue: TPFG's revenue (4.2% 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 TPFG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Property Franchise Group performed over the past 5 years?
19.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPFG has high quality earnings.
Growing Profit Margin: TPFG's current net profit margins (31.7%) are higher than last year (30.1%).
Past Earnings Growth Analysis
Earnings Trend: TPFG's earnings have grown by 19.6% per year over the past 5 years.
Accelerating Growth: TPFG's earnings growth over the past year (8%) is below its 5-year average (19.6% per year).
Earnings vs Industry: TPFG earnings growth over the past year (8%) exceeded the Real Estate industry -2.2%.
Return on Equity
High ROE: TPFG's Return on Equity (22.4%) is considered high.
Next Steps
Financial Health
How is Property Franchise Group's financial position?
Financial Position Analysis
Short Term Liabilities: TPFG's short term assets (£5.1M) exceed its short term liabilities (£3.1M).
Long Term Liabilities: TPFG's short term assets (£5.1M) exceed its long term liabilities (£1.8M).
Debt to Equity History and Analysis
Debt Level: TPFG's debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: TPFG's debt to equity ratio has increased from 0.2% to 7.3% over the past 5 years.
Debt Coverage: TPFG's debt is well covered by operating cash flow (406.7%).
Interest Coverage: TPFG's interest payments on its debt are well covered by EBIT (85.9x coverage).
Balance Sheet
Inventory Level: TPFG has a low level of unsold assets or inventory.
Debt Coverage by Assets: TPFG's debt is covered by short term assets (assets are 4.4x debt).
Next Steps
Dividend
What is Property Franchise Group's current dividend yield, its reliability and sustainability?
5.09%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TPFG's dividend (5.09%) is higher than the bottom 25% of dividend payers in the UK market (2.65%).
High Dividend: TPFG's dividend (5.09%) is low compared to the top 25% of dividend payers in the UK market (7.27%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, TPFG has been paying a dividend for less than 10 years.
Growing Dividend: TPFG's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.7%), TPFG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average board tenure
CEO
Ian Wilson (57yo)
6.25s
Tenure
UK£335,000
Compensation
Mr. Ian Wilson has been the Chief Executive Officer of Martinco Plc since December 17, 2013. Mr. Wilson has worked in the property industry for almost thirty years. His first job after graduation was to ma ...
CEO Compensation Analysis
Compensation vs Market: Ian's total compensation ($USD415.82K) is about average for companies of similar size in the UK market ($USD330.32K).
Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.25yrs | UK£335.00k | 5.73% £2.4m | |
| CFO, Secretary & Director | 6.42yrs | UK£252.00k | 0.88% £375.2k | |
| Independent Non-Executive Director | 6.25yrs | UK£40.00k | 0.19% £82.5k | |
| Non-Executive Chairman | 6.25yrs | UK£40.00k | 34.43% £14.7m | |
| Independent Non-Executive Director | 4.83yrs | UK£40.00k | no data |
6.3yrs
Average Tenure
60yo
Average Age
Experienced Board: TPFG's board of directors are considered experienced (6.3 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
The Property Franchise Group PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Property Franchise Group PLC
- Ticker: TPFG
- Exchange: AIM
- Founded: 1986
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: UK£42.608m
- Shares outstanding: 25.82m
- Website: https://www.propertyfranchise.co.uk
Number of Employees
Location
- The Property Franchise Group PLC
- 2 St Stephen’s Court
- St Stephen’s Road
- Bournemouth
- Dorset
- BH2 6LA
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TPFG | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Dec 2013 |
Biography
The Property Franchise Group PLC manages real estate properties in the United Kingdom. The company provides residential letting, estate agency, and property management services to tenants and landlords. It offers its services under the CJ Hole, Ellis & Co, Ewemove, Martin & Co, Parkers, and Whitegates brands. The company was formerly known as MartinCo PLC and changed its name to The Property Franchise Group PLC in March 2017. The Property Franchise Group PLC was founded in 1986 and is headquartered in Bournemouth, the United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/27 23:17 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.