LSE:FOXT

Stock Analysis Report

Executive Summary

Foxtons Group plc, an estate agency, provides residential property sales and lettings services in the United Kingdom.

Rewards

Earnings are forecast to grow 83.6% per year

Risk Analysis

No risks detected for FOXT from our risk checks.


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Foxtons Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FOXT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-14.5%

FOXT

-7.9%

GB Real Estate

-8.6%

GB Market


1 Year Return

27.1%

FOXT

20.2%

GB Real Estate

-1.3%

GB Market

Return vs Industry: FOXT exceeded the UK Real Estate industry which returned 20.2% over the past year.

Return vs Market: FOXT exceeded the UK Market which returned -1.3% over the past year.


Shareholder returns

FOXTIndustryMarket
7 Day-14.5%-7.9%-8.6%
30 Day-6.1%-5.7%-8.4%
90 Day11.0%3.5%-5.3%
1 Year27.1%27.1%23.4%20.2%4.0%-1.3%
3 Year-19.1%-20.0%0.08%-7.0%7.6%-6.1%
5 Year-57.6%-62.1%17.7%4.4%23.4%-4.8%

Price Volatility Vs. Market

How volatile is Foxtons Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

1.78x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: FOXT (£0.78) is trading above our estimate of fair value (£0.62)

Significantly Below Fair Value: FOXT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FOXT is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.

PE vs Market: FOXT is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FOXT is overvalued based on its PB Ratio (1.8x) compared to the GB Real Estate industry average (1.1x).


Next Steps

Future Growth

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

83.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FOXT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).

Earnings vs Market: FOXT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: FOXT's is expected to become profitable in the next 3 years.

Revenue vs Market: FOXT's revenue (2.3% per year) is forecast to grow slower than the UK market (3.8% per year).

High Growth Revenue: FOXT's revenue (2.3% 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 FOXT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Foxtons Group performed over the past 5 years?

-57.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FOXT is currently unprofitable.

Growing Profit Margin: FOXT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FOXT is unprofitable, and losses have increased over the past 5 years at a rate of -57.6% per year.

Accelerating Growth: Unable to compare FOXT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FOXT is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (2%).


Return on Equity

High ROE: FOXT has a negative Return on Equity (-14.23%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Foxtons Group's financial position?


Financial Position Analysis

Short Term Liabilities: FOXT's short term assets (£30.6M) do not cover its short term liabilities (£31.6M).

Long Term Liabilities: FOXT's short term assets (£30.6M) do not cover its long term liabilities (£64.1M).


Debt to Equity History and Analysis

Debt Level: FOXT is debt free.

Reducing Debt: FOXT had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: FOXT's debt is covered by short term assets (assets are 4.3091004184634E+15x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: FOXT has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: FOXT has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

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

0.20%

Forecast Dividend Yield


Dividend Yield vs Market

company0%marketbottom25%1.9%markettop25%5.4%industryaverage2.6%forecastin3Years0.2%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate FOXT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate FOXT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FOXT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FOXT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: FOXT is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FOXT's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

5.3yrs

Average management tenure


CEO

Nic Budden 0

5.6yrs

Tenure

UK£910,000

Compensation

Mr. Nicholas Budden, also known as Nic, has been the Chief Executive Officer of Foxtons Group PLC since July 1, 2014. Mr. Budden served as the Chief Operating Officer of Foxtons Group PLC from 2005 to July ...


CEO Compensation Analysis

Compensation vs Market: Nic's total compensation ($USD1.17M) is above average for companies of similar size in the UK market ($USD663.19K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Nicholas Budden
CEO & Executive Director5.6yrsUK£910.00k0.11% £238.9k
Richard Harris
CFO & Director0.7yrsno datano data
Patrick Franco
COO & Executive Director0.3yrsno datano data
John Ennis
Area Director of New Homes & Investment0yrsno datano data
Muhammad Patel
Investor Relations Officer0yrsno datano data
Lorraine Thompson
Director of Customer Services & Compliance0yrsno datano data
Sarah-Jane Raben
Marketing Director0yrsno datano data
Lucy Briant
Director of Human Resource0yrsno datano data
Edward Philips
Managing Director of Lettings18.8yrsno datano data
Andrew Pratt
Chief Executive Officer of Alexander Hall0yrsno datano data

5.3yrs

Average Tenure

Experienced Management: FOXT's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nicholas Budden
CEO & Executive Director5.6yrsUK£910.00k0.11% £238.9k
Richard Harris
CFO & Director0.7yrsno datano data
Patrick Franco
COO & Executive Director0.3yrsno datano data
Alan Giles
Independent Non-Executive Director0.7yrsno data0.013% £27.9k
Garry Watts
Non-Executive Chairman6.4yrsUK£184.00k0.016% £34.1k
Sheena Mackay
Independent Non-Executive Director2.4yrsUK£63.00kno data
Ian Barlow
Senior Independent Non-Executive Director2.8yrsUK£63.00k0.043% £92.5k
Rosie Shapland
Non-Executive Director0yrsno datano data

2.4yrs

Average Tenure

64yo

Average Age

Experienced Board: FOXT's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Foxtons Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Foxtons Group plc
  • Ticker: FOXT
  • Exchange: LSE
  • Founded: 1981
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Market Cap: UK£215.498m
  • Shares outstanding: 274.87m
  • Website: https://www.foxtonsgroup.co.uk

Number of Employees


Location

  • Foxtons Group plc
  • Building One
  • Chiswick Park
  • London
  • Greater London
  • W4 5BE
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FOXTLSE (London Stock Exchange)YesOrdinary SharesGBGBPSep 2013
FXGDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2013
FOXTLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPSep 2013
FTXG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDSep 2013
FXTG.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDMay 2014

Biography

Foxtons Group plc, an estate agency, provides residential property sales and lettings services in the United Kingdom. It operates through three segments: Sales, Lettings, and Mortgage Broking. The company also provides property management services; and mortgage advisory and brokerage services, as well as related products. Foxtons Group plc was founded in 1981 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 Analysis2020/02/27 22:34
End of Day Share Price2020/02/27 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.