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M Winkworth

AIM:WINK
Snowflake Description

Flawless balance sheet with proven track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WINK
AIM
£15M
Market Cap
  1. Home
  2. GB
  3. Real Estate
Company description

M Winkworth PLC operates as a franchisor to the Winkworth estate agencies in the United Kingdom, France, and Portugal. The last earnings update was 75 days ago. More info.


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WINK Share Price and Events
7 Day Returns
0%
AIM:WINK
-0.1%
GB Real Estate
0.4%
GB Market
1 Year Returns
-6.7%
AIM:WINK
-24.6%
GB Real Estate
-3.7%
GB Market
WINK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
M Winkworth (WINK) 0% -0.8% 11.2% -6.7% -6.7% -28.5%
GB Real Estate -0.1% -2.1% -5.5% -24.6% -0% -11.4%
GB Market 0.4% 0.3% 0.8% -3.7% 19% 3.4%
1 Year Return vs Industry and Market
  • WINK outperformed the Real Estate industry which returned -24.6% over the past year.
  • WINK underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -3.7% over the past year.
Price Volatility
WINK
Industry
5yr Volatility vs Market

Value

 Is M Winkworth undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of M Winkworth to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for M Winkworth.

AIM:WINK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:WINK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.02
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.025 (1 + (1- 19%) (0%))
1.016
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.02
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.016 * 6.65%)
7.99%

Discounted Cash Flow Calculation for AIM:WINK using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for M Winkworth is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

AIM:WINK DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 7.99%)
2019 1.40 Est @ -2.12% 1.30
2020 1.39 Est @ -1.11% 1.19
2021 1.38 Est @ -0.41% 1.10
2022 1.38 Est @ 0.08% 1.02
2023 1.39 Est @ 0.42% 0.95
2024 1.40 Est @ 0.66% 0.88
2025 1.41 Est @ 0.83% 0.82
2026 1.42 Est @ 0.95% 0.77
2027 1.44 Est @ 1.03% 0.72
2028 1.45 Est @ 1.09% 0.67
Present value of next 10 years cash flows £9.42
AIM:WINK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £1.45 × (1 + 1.23%) ÷ (7.99% – 1.23%)
£21.77
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £21.77 ÷ (1 + 7.99%)10
£10.10
AIM:WINK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £9.42 + £10.10
£19.52
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £19.52 / 12.73
£1.53
AIM:WINK Discount to Share Price
Calculation Result
Value per share (GBP) From above. £1.53
Current discount Discount to share price of £1.19
= -1 x (£1.19 - £1.53) / £1.53
22.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price M Winkworth is available for.
Intrinsic value
22%
Share price is £1.19 vs Future cash flow value of £1.53
Current Discount Checks
For M Winkworth to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • M Winkworth's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • M Winkworth's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for M Winkworth's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are M Winkworth's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:WINK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £0.09
AIM:WINK Share Price ** AIM (2019-06-17) in GBP £1.19
United Kingdom of Great Britain and Northern Ireland Real Estate Industry PE Ratio Median Figure of 29 Publicly-Listed Real Estate Companies 12.25x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 789 Publicly-Listed Companies 16.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of M Winkworth.

AIM:WINK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:WINK Share Price ÷ EPS (both in GBP)

= 1.19 ÷ 0.09

13.02x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • M Winkworth is overvalued based on earnings compared to the GB Real Estate industry average.
  • M Winkworth is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does M Winkworth's expected growth come at a high price?
Raw Data
AIM:WINK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.02x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-16.4%per year
United Kingdom of Great Britain and Northern Ireland Real Estate Industry PEG Ratio Median Figure of 16 Publicly-Listed Real Estate Companies 1.37x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 575 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for M Winkworth, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on M Winkworth's assets?
Raw Data
AIM:WINK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £0.37
AIM:WINK Share Price * AIM (2019-06-17) in GBP £1.19
United Kingdom of Great Britain and Northern Ireland Real Estate Industry PB Ratio Median Figure of 36 Publicly-Listed Real Estate Companies 0.98x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,371 Publicly-Listed Companies 1.48x
AIM:WINK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:WINK Share Price ÷ Book Value per Share (both in GBP)

= 1.19 ÷ 0.37

3.25x

* Primary Listing of M Winkworth.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • M Winkworth is overvalued based on assets compared to the GB Real Estate industry average.
X
Value checks
We assess M Winkworth's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. M Winkworth has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is M Winkworth expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

  • No analysts cover M Winkworth, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-16.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is M Winkworth expected to grow at an attractive rate?
  • M Winkworth's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.2%.
Growth vs Market Checks
  • M Winkworth's earnings are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
  • M Winkworth's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:WINK Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:WINK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -16.4%
AIM:WINK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 2.9%
United Kingdom of Great Britain and Northern Ireland Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Real Estate Industry Revenue Growth Rate Market Cap Weighted Average -3.6%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.7%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:WINK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:WINK Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 6 1
2019-12-31 6 1
AIM:WINK Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 6 2 1
2018-09-30 6 1 1
2018-06-30 6 1 1
2018-03-31 6 1 1
2017-12-31 5 2 1
2017-09-30 5 2 1
2017-06-30 5 1 1
2017-03-31 5 1 1
2016-12-31 6 1 1
2016-09-30 6 1 1
2016-06-30 6 2 2
2016-03-31 6 2 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • M Winkworth's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • M Winkworth's revenue is expected to grow by 2.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:WINK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from M Winkworth Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:WINK Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31
AIM:WINK Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 0.09
2018-09-30 0.09
2018-06-30 0.09
2018-03-31 0.09
2017-12-31 0.09
2017-09-30 0.08
2017-06-30 0.08
2017-03-31 0.08
2016-12-31 0.09
2016-09-30 0.11
2016-06-30 0.12
2016-03-31 0.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if M Winkworth will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess M Winkworth's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
M Winkworth has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has M Winkworth performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare M Winkworth's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • M Winkworth's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • M Winkworth's 1-year earnings growth exceeds its 5-year average (5.5% vs -6.3%)
  • M Winkworth's earnings growth has exceeded the GB Real Estate industry average in the past year (5.5% vs -1.6%).
Earnings and Revenue History
M Winkworth's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from M Winkworth Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:WINK Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 5.98 1.16 3.06
2018-09-30 5.83 1.15 2.98
2018-06-30 5.68 1.14 2.89
2018-03-31 5.55 1.12 2.86
2017-12-31 5.42 1.10 2.83
2017-09-30 5.39 1.05 2.78
2017-06-30 5.37 0.99 2.73
2017-03-31 5.47 1.06 2.74
2016-12-31 5.57 1.13 2.75
2016-09-30 5.80 1.35 2.69
2016-06-30 6.04 1.57 2.63
2016-03-31 5.95 1.54 2.56
2015-12-31 5.87 1.52 2.50
2015-09-30 5.72 1.46 2.61
2015-06-30 5.58 1.40 2.73
2015-03-31 5.54 1.45 2.72
2014-12-31 5.50 1.50 2.70
2014-09-30 5.43 1.46 2.64
2014-06-30 5.37 1.43 2.57
2014-03-31 5.16 1.35 2.46
2013-12-31 4.94 1.27 2.35
2013-09-30 4.71 1.08 2.19
2013-06-30 4.47 0.90 2.04
2013-03-31 4.38 0.83 2.01
2012-12-31 4.29 0.76 1.98
2012-09-30 4.19 0.78 2.03
2012-06-30 4.08 0.81 2.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • M Winkworth has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • M Winkworth used its assets more efficiently than the GB Real Estate industry average last year based on Return on Assets.
  • M Winkworth's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess M Winkworth's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
M Winkworth has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is M Winkworth's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up M Winkworth's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • M Winkworth is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • M Winkworth's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of M Winkworth's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • M Winkworth has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from M Winkworth Company Filings, last reported 5 months ago.

AIM:WINK Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4.67 0.00 2.94
2018-09-30 4.67 0.00 2.94
2018-06-30 5.66 0.00 3.16
2018-03-31 5.66 0.00 3.16
2017-12-31 5.65 0.00 3.58
2017-09-30 5.65 0.00 3.58
2017-06-30 5.45 0.00 3.01
2017-03-31 5.45 0.00 3.01
2016-12-31 5.46 0.00 2.97
2016-09-30 5.46 0.00 2.97
2016-06-30 5.37 0.00 2.84
2016-03-31 5.37 0.00 2.84
2015-12-31 5.24 0.00 3.17
2015-09-30 5.24 0.00 3.17
2015-06-30 4.82 0.00 2.12
2015-03-31 4.82 0.00 2.12
2014-12-31 4.70 0.00 2.51
2014-09-30 4.70 0.00 2.51
2014-06-30 4.18 0.00 2.30
2014-03-31 4.18 0.00 2.30
2013-12-31 3.92 0.00 2.65
2013-09-30 3.92 0.00 2.65
2013-06-30 3.43 0.00 1.38
2013-03-31 3.43 0.00 1.38
2012-12-31 3.30 0.00 1.60
2012-09-30 3.30 0.00 1.60
2012-06-30 3.17 0.18 1.56
  • M Winkworth has no debt.
  • M Winkworth had no debt 5 years ago.
  • M Winkworth has no debt, it does not need to be covered by operating cash flow.
  • M Winkworth has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess M Winkworth's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. M Winkworth has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is M Winkworth's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.39%
Current annual income from M Winkworth dividends. Estimated to be 6.51% next year.
If you bought £2,000 of M Winkworth shares you are expected to receive £128 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • M Winkworth's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.97%).
  • M Winkworth's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.43%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:WINK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 27 Stocks 3.4%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:WINK Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.08 1.00
2019-12-31 0.08 1.00
AIM:WINK Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-01-16 0.076 6.639
2018-10-17 0.074 6.538
2018-07-18 0.074 6.218
2018-04-18 0.074 6.009
2018-04-06 0.074 6.119
2018-03-28 0.074 6.057
2018-01-17 0.073 6.230
2017-11-09 0.072 6.837
2017-08-09 0.072 7.048
2017-05-10 0.072 6.729
2017-02-08 0.072 7.067
2016-11-10 0.072 7.210
2016-03-24 0.065 5.486
2016-03-23 0.065 4.915
2015-02-11 0.068 4.667
2014-11-05 0.060 4.692
2014-08-14 0.060 3.939
2014-04-30 0.054 3.231
2014-04-29 0.054 3.219
2013-06-05 0.049 3.077
2012-05-14 0.046 5.231
2012-05-09 0.046 5.198
2011-05-06 0.043 4.958
2011-05-05 0.043 4.971
2010-05-13 0.046 5.597
2010-05-10 0.046 5.800

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, M Winkworth has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but M Winkworth only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of M Winkworth's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess M Winkworth's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can M Winkworth afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. M Winkworth has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of M Winkworth's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Dominic Charles Agace
COMPENSATION £160,000
AGE 39
TENURE AS CEO 13.4 years
CEO Bio

Mr. Dominic Charles Mackay Agace serves as the Chief Executive Officer of M Winkworth PLC since 2006. Mr. Agace served as Managing Director of Winkworth since 2006. In July 2004, Mr. Agace was appointed an Executive Director with specific responsibility for Marketing, IT (website and software) and the growth of the franchise and was directly responsible for increasing the number of franchised offices from 45 to today's total number. He joined Winkworth Franchising in October 2001 to head up its Research Department. He serves as a Director of M Winkworth PLC. He is a qualified member of the NAEA and holds the Institute of Directors certificate in company direction. Mr. Agace graduated from Newcastle University.

CEO Compensation
  • Dominic Charles's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Dominic Charles's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Dominic Charles Agace

TITLE
CEO & Director
COMPENSATION
£160K
AGE
39
TENURE
13.4 yrs

Andrew J. Nicol

TITLE
CFO & Director
COMPENSATION
£112K
TENURE
2.7 yrs

Margaret Doregos

TITLE
Secretary
Board of Directors

Simon Agace

TITLE
Non-Executive Chairman
COMPENSATION
£52K
AGE
76

Dominic Charles Agace

TITLE
CEO & Director
COMPENSATION
£160K
AGE
39

Andrew J. Nicol

TITLE
CFO & Director
COMPENSATION
£112K
TENURE
2.7 yrs

Lawrence Alkin

TITLE
Non-Executive Director
COMPENSATION
£20K
AGE
78

John Nicol

TITLE
Independent Non-Executive Director
COMPENSATION
£20K
AGE
72
TENURE
5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess M Winkworth's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. M Winkworth has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is M Winkworth PLC (LON:WINK) At Risk Of Cutting Its Dividend?

This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously. … Flat earnings per share are acceptable for a time, but over the long term, the purchasing power of the company's dividends could be eroded by inflation. … Earnings per share are down, and to our mind M Winkworth has not been paying a dividend long enough to demonstrate its resilience across economic cycles.

Simply Wall St -

Can M Winkworth PLC (LON:WINK) Maintain Its Strong Returns?

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for M Winkworth: 25% = UK£1.2m ÷ UK£4.7m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does M Winkworth Have A Good Return On Equity? … In my book the highest quality companies have high return on equity, despite low debt.

Simply Wall St -

Estimating The Fair Value Of M Winkworth PLC (LON:WINK)

by taking the foreast future cash flows of the company and discounting them back to today's value. … I will be using the Discounted Cash Flow (DCF) model. … We generally believe that a company's value is the present value of all of the cash it will generate in the future.

Simply Wall St -

How Much is M Winkworth PLC's (LON:WINK) CEO Getting Paid?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Dominic Charles Agace's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that M Winkworth PLC has a market cap of UK£16m, and is paying total annual CEO compensation of UK£185k.

Simply Wall St -

Imagine Owning M Winkworth (LON:WINK) And Wondering If The 22% Share Price Slide Is Justified

This week we saw the M Winkworth PLC (LON:WINK) share price climb by 11%. … While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

Simply Wall St -

Don't Sell M Winkworth PLC (LON:WINK) Before You Read This

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … M Winkworth has a price to earnings ratio of 12.11, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Is M Winkworth PLC's (LON:WINK) Balance Sheet A Threat To Its Future?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is WINK growing fast enough to value financial flexibility over lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

Simply Wall St -

M Winkworth PLC (LON:WINK): 4 Days To Buy Before The Ex-Dividend Date

To qualify for the dividend check of UK£0.019 per share, investors must have owned the shares prior to 24 January 2019, which is the last day the company's management will finalize their list of shareholders to which they will send dividend payments. … When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas:? … Has its dividend been stable over the past (i.e. no missed payments or significant payout cuts)?

Simply Wall St -

Should M Winkworth PLC (LON:WINK) Be Part Of Your Dividend Portfolio?

A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … Historically, M Winkworth PLC (LON:WINK) has paid dividends to shareholders, and these days it yields 6.4%. … Let's dig deeper into whether M Winkworth should have a place in your portfolio.

Simply Wall St -

Here's What M Winkworth PLC's (LON:WINK) P/E Is Telling Us

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … We'll look at M Winkworth PLC's (LON:WINK) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Company Info

Description

M Winkworth PLC operates as a franchisor to the Winkworth estate agencies in the United Kingdom, France, and Portugal. It is involved in estate agency sales franchising, residential lettings, and property management services under the Winkworth brand. The company was founded in 1835 and is based in London, the United Kingdom.

Details
Name: M Winkworth PLC
WINK
Exchange: AIM
Founded: 1835
£15,152,553
12,733,238
Website: http://www.winkworthplc.com
Address: M Winkworth PLC
1 Lumley Street,
4th Floor,
London,
Greater London, W1K6 TT,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM WINK Ordinary Shares London Stock Exchange AIM Market GB GBP 12. Nov 2009
Number of employees
Current staff
Staff numbers
33
M Winkworth employees.
Industry
Diversified Real Estate Activities
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 21:23
End of day share price update: 2019/06/17 00:00
Last estimates confirmation: 2019/04/15
Last earnings filing: 2019/04/03
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.