AIM:TPFG

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Property Franchise Group

Executive Summary

The Property Franchise Group PLC manages real estate properties in the United Kingdom. More Details


Snowflake Analysis

Flawless balance sheet and good value.


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 is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: TPFG's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

3.7%

TPFG

1.4%

GB Real Estate

0.3%

GB Market


1 Year Return

-12.2%

TPFG

-5.3%

GB Real Estate

0.8%

GB Market

Return vs Industry: TPFG underperformed the UK Real Estate industry which returned -6.5% over the past year.

Return vs Market: TPFG underperformed the UK Market which returned 1.1% over the past year.


Shareholder returns

TPFGIndustryMarket
7 Day3.7%1.4%0.3%
30 Day4.6%5.5%3.2%
90 Day8.0%7.3%4.5%
1 Year-8.1%-12.2%-3.6%-5.3%6.7%0.8%
3 Year64.5%40.8%1.8%-6.3%11.5%-1.9%
5 Year75.2%37.8%-19.6%-27.9%41.8%14.5%

Long-Term 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

Valuation

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

26.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TPFG (£1.95) is trading below our estimate of fair value (£2.65)

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 (15.5x) compared to the GB Real Estate industry average (18.2x).

PE vs Market: TPFG is good value based on its PE Ratio (15.5x) compared to the UK market (24.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TPFG's PEG Ratio to determine if it is good value.


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 (0.9x).


Next Steps

Future Growth

How is Property Franchise Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

50.9%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Property Franchise Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Property Franchise Group performed over the past 5 years?

8.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TPFG has high quality earnings.

Growing Profit Margin: TPFG's current net profit margins (28.6%) are lower than last year (31.7%).


Past Earnings Growth Analysis

Earnings Trend: TPFG's earnings have grown by 8% per year over the past 5 years.

Accelerating Growth: TPFG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TPFG had negative earnings growth (-8.3%) over the past year, making it difficult to compare to the Real Estate industry average (-34.1%).


Return on Equity

High ROE: TPFG's Return on Equity (17.1%) is considered low.


Next Steps

Financial Health

How is Property Franchise Group's financial position?


Financial Position Analysis

Short Term Liabilities: TPFG's short term assets (£7.2M) exceed its short term liabilities (£2.6M).

Long Term Liabilities: TPFG's short term assets (£7.2M) exceed its long term liabilities (£1.1M).


Debt to Equity History and Analysis

Debt Level: TPFG is debt free.

Reducing Debt: TPFG has no debt compared to 5 years ago when its debt to equity ratio was 33.5%.

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

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


Balance Sheet


Next Steps

Dividend

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

2.15%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TPFG's dividend (2.15%) is higher than the bottom 25% of dividend payers in the UK market (1.47%).

High Dividend: TPFG's dividend (2.15%) is low compared to the top 25% of dividend payers in the UK market (4.48%).


Stability and Growth of Payments

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

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 low payout ratio (16.7%), TPFG's dividend payments are well 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?

7.3yrs

Average board tenure


CEO

Gareth Samples (52 yo)

0.92

Tenure

Mr. Gareth Samples is a Director of LSL Property Services Plc. He serves as Chief Executive Offcier and Director at The Property Franchise Group PLC since April 30, 2020. He has industry experience. He has...


Board Members

NamePositionTenureCompensationOwnership
David Raggett
CFO & Director7.42yrsUK£258.00k0.88%
£ 443.4k
Gareth Samples
CEO & Director0.92yrno datano data
Paul Latham
Independent Non-Executive Director7.25yrsUK£40.00k0.19%
£ 97.5k
Richard Martin
Non-Independent Non-Executive Chairman7.25yrsUK£40.00k31.14%
£ 15.7m
Philip Crooks
Independent Non-Executive Director5.83yrsUK£40.00kno data

7.3yrs

Average Tenure

61yo

Average Age

Experienced Board: TPFG's board of directors are considered experienced (7.3 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£50.354m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TPFGAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPDec 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...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 20:23
End of Day Share Price2021/03/03 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.