AIM:ANG

Stock Analysis Report

Executive Summary

Angling Direct plc engages in the retail of fishing tackle products and equipment in the United Kingdom.

Snowflake

Fundamentals

High growth potential with mediocre balance sheet.

Risks

  • Angling Direct is covered by less than 3 analysts.

Share Price & News

How has Angling Direct's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

AIM:ANG

-0.05%

GB Specialty Retail

-0.02%

GB Market


1 Year Return

-25.1%

AIM:ANG

-10.4%

GB Specialty Retail

-1.7%

GB Market

ANG underperformed the Specialty Retail industry which returned -12% over the past year.

ANG underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -2% over the past year.


Share holder returns

ANGIndustryMarket
7 Day0%-0.05%-0.02%
30 Day-2.0%1.1%1.4%
90 Day0%-4.7%-0.4%
1 Year-25.1%-25.1%-7.5%-10.4%2.8%-1.7%
3 Yearn/a-3.0%-12.6%27.3%11.3%
5 Yearn/a-3.6%-16.2%34.4%6.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.74x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Angling Direct to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Angling Direct to establish if it is available at substantial discount.


Price Based on Earnings

Angling Direct is loss making, we can't compare its value to the GB Specialty Retail industry average.

Angling Direct is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Angling Direct, we can't assess if its growth is good value.


Price Based on Value of Assets

Angling Direct is overvalued based on assets compared to the GB Specialty Retail industry average.


Next Steps

Future Growth

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

103.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Angling Direct's revenue is expected to grow significantly at over 20% yearly.

Angling Direct's earnings are expected to grow significantly at over 20% yearly.

Angling Direct's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.

Angling Direct's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.

Angling Direct's earnings growth is expected to exceed the low risk savings rate of 1.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Angling Direct will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Angling Direct performed over the past 5 years?

-37.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Angling Direct does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Angling Direct's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Angling Direct's 1-year growth to the GB Specialty Retail industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Angling Direct has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Angling Direct has efficiently used its assets last year compared to the GB Specialty Retail industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Angling Direct improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Angling Direct's financial position?


Financial Position Analysis

Angling Direct is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Angling Direct's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Angling Direct's level of debt (1.6%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Angling Direct's debt level has increased without past 5-year debt data.

Operating cash flow is negative therefore debt is not well covered.

Unable to confirm if the interest payments on Angling Direct's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 53.7x debt.


Next Steps

Dividend

What is Angling Direct's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Angling Direct's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Angling Direct's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Angling Direct has not reported any payouts.

Unable to verify if Angling Direct's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Angling Direct has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Darren Bailey

UK£154,985

Compensation

Mr. Darren I. Bailey serves as Chief Executive Officer and Managing Director at Angling Direct plc and has been its Executive Director since June 11, 2004. Mr. Bailey serves as Chief Executive Officer and  ...


CEO Compensation Analysis

Darren's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.

Darren's compensation has increased whilst company is loss making.


Management Age and Tenure

4.8yrs

Average Tenure

The tenure for the Angling Direct management team is about average.


Insider Trading

No 3 month individual insider trading information.


Ownership Breakdown


Management Team

  • Darren Bailey

    CEO & Director

    • Compensation: £154.99k
  • Martyn Page

    Executive Chairman

    • Compensation: £67.26k
  • Ian Hunter

    Finance Director & Director

    • Tenure: 2.1yrs
    • Compensation: £98.54k
  • Keith Easton

    Financial Controller

    • Tenure: 10.7yrs
  • Shona Wright

    HR Manager & Company Secretary

    • Tenure: 2.3yrs
  • Wouter Putman

    Operations Manager

    • Tenure: 7.3yrs

Board Members

  • Darren Bailey

    CEO & Director

    • Compensation: £154.99k
  • Martyn Page

    Executive Chairman

    • Compensation: £67.26k
  • Ian Hunter

    Finance Director & Director

    • Compensation: £98.54k
  • Davies Rodwell

    Non-Executive Director

    • Tenure: 2.1yrs
    • Compensation: £39.31k

Company Information

Angling Direct plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Angling Direct plc
  • Ticker: ANG
  • Exchange: AIM
  • Founded: 1986
  • Industry: specialty stores
  • Sector: retail
  • Market Cap: UK£47.174m
  • Shares outstanding: 64.62m
  • Website: Click here

Number of Employees


Location

  • Angling Direct plc
  • 2D Wendover Road
  • Rackheath Industrial Estate
  • Norwich
  • Norfolk
  • NR13 6LH
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ANGAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJul 2017

Biography

Angling Direct plc engages in the retail of fishing tackle products and equipment in the United Kingdom. The company offers baits and additives, bait accessories, bait boats, bait boxes, bait making equipm ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/22 22:27
End of Day Share Price2019/07/22 00:00
Earnings2019/01/31
Annual Earnings2019/01/31


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.