AIM:KOOV

Stock Analysis Report

Executive Summary

Koovs plc supplies branded fashion garments and accessories through online fashion store, Koovs.com in India.

Rewards

Revenue is forecast to grow 63.69% per year

Risk Analysis

Earnings have declined by -16.49% per year over past 5 years

Shareholders have been substantially diluted in the past year

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

+ 1 more risk


Snowflake Analysis

Imperfect balance sheet with limited growth.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: KOOV's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

KOOV

1.4%

GB Online Retail

1.4%

GB Market


1 Year Return

-63.2%

KOOV

33.8%

GB Online Retail

12.4%

GB Market

Return vs Industry: KOOV underperformed the UK Online Retail industry which returned 37.5% over the past year.

Return vs Market: KOOV underperformed the UK Market which returned 12.7% over the past year.


Shareholder returns

KOOVIndustryMarket
7 Day0%1.4%1.4%
30 Day0%6.2%1.8%
90 Day-42.3%11.6%8.8%
1 Year-63.2%-63.2%34.6%33.8%18.3%12.4%
3 Year-93.8%-93.8%57.0%53.8%23.8%8.0%
5 Year-98.0%-98.0%94.8%86.7%41.8%8.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KOOV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KOOV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: KOOV is unprofitable, so we can't compare its PE Ratio to the Online Retail industry average.

PE vs Market: KOOV 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 KOOV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KOOV is good value based on its PB Ratio (0.7x) compared to the GB Online Retail industry average (4.6x).


Next Steps

Future Growth

How is Koovs forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

63.7%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if KOOV's forecast earnings growth is above the savings rate (0.5%).

Earnings vs Market: Insufficient data to determine if KOOV's earnings are forecast to grow faster than the UK market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: KOOV's revenue (63.7% per year) is forecast to grow faster than the UK market (3.6% per year).

High Growth Revenue: KOOV's revenue (63.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if KOOV's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Koovs performed over the past 5 years?

-16.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KOOV is currently unprofitable.

Growing Profit Margin: KOOV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KOOV is unprofitable, and losses have increased over the past 5 years at a rate of -16.5% per year.

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

Earnings vs Industry: KOOV is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (-7.2%).


Return on Equity

High ROE: KOOV has a negative Return on Equity (-106.86%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Koovs's financial position?


Financial Position Analysis

Short Term Liabilities: KOOV's short term assets (₹2.0B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: KOOV's short term assets (₹2.0B) exceed its long term liabilities (₹9.3M).


Debt to Equity History and Analysis

Debt Level: KOOV's debt to equity ratio (65.8%) is considered high.

Reducing Debt: KOOV's debt to equity ratio has increased from 0.03% to 65.8% over the past 5 years.


Balance Sheet

Inventory Level: KOOV has a low level of unsold assets or inventory.

Debt Coverage by Assets: KOOV's debt is covered by short term assets (assets are 2.3x 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: Insufficient data to determine if KOOV has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if KOOV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.8%markettop25%5.0%industryaverage3.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate KOOV'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 KOOV's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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


Next Steps

Management

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

3.5yrs

Average management tenure


CEO

Mary Turner (61yo)

4.3yrs

Tenure

₹55,918

Compensation

Ms. Mary Turner has been the Chief Executive Officer of Koovs plc since October 1, 2015. Ms. Turner served as the Chief Executive Officer of AlertMe.com Ltd. since February 2010. Ms. Turner served as the M ...


CEO Compensation Analysis

Compensation vs Market: Mary's total compensation ($USD72.62K) is below average for companies of similar size in the UK market ($USD326.78K).

Compensation vs Earnings: Mary's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

3.5yrs

Average Tenure

54yo

Average Age

Experienced Management: KOOV's management team is considered experienced (3.5 years average tenure).


Board Age and Tenure

4.5yrs

Average Tenure

54yo

Average Age

Experienced Board: KOOV's board of directors are considered experienced (4.5 years average tenure).


Insider Trading

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 been substantially diluted in the past year, with total shares outstanding growing by 67.2%.


Management Team

  • Waheed Alli (54yo)

    Executive Chairman

    • Mary Turner (61yo)

      CEO & Executive Director

      • Tenure: 4.3yrs
      • Compensation: ₹55.92k
    • Rob Pursell (47yo)

      Group CFO

      • Tenure: 3.5yrs
      • Compensation: ₹181.23k
    • Samantha Chilton

      Head of Design

      • Tenure: 2.7yrs

    Board Members

    • Waheed Alli (54yo)

      Executive Chairman

      • Gail Rebuck (67yo)

        Non-Executive Director

        • Tenure: 5.8yrs
        • Compensation: ₹50.00k
      • Mary Turner (61yo)

        CEO & Executive Director

        • Tenure: 4.3yrs
        • Compensation: ₹55.92k
      • Avni Kishore Biyani (30yo)

        Non-Executive Director

        • Tenure: 1yrs
      • Emily Sheffield (46yo)

        Non-Executive Director

        • Tenure: 5.8yrs
        • Compensation: ₹75.00k
      • Rob Pursell (47yo)

        Group CFO

        • Tenure: 3.5yrs
        • Compensation: ₹181.23k
      • Nina Amin (61yo)

        Non-Executive Director

        • Tenure: 1.9yrs
        • Compensation: ₹50.00k

      Company Information

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


      Key Information

      • Name: Koovs plc
      • Ticker: KOOV
      • Exchange: AIM
      • Founded: 2012
      • Industry: Internet and Direct Marketing Retail
      • Sector: Retail
      • Market Cap: UK£12.058m
      • Shares outstanding: 401.94m
      • Website: https://www.koovs.com

      Number of Employees


      Location

      • Koovs plc
      • York House
      • 23 Kingsway
      • London
      • Greater London
      • WC2B 6UJ
      • United Kingdom

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      KOOVAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMar 2014
      0KVDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2014

      Biography

      Koovs plc supplies branded fashion garments and accessories through online fashion store, Koovs.com in India. The company offers dresses, tops, jumpsuits and playsuits, skirts, jeans, trousers and leggings, shorts, cardigans and pullovers, and coats and jackets for women; and shirts, T-shirts and polo shirts, jeans, vests, trousers and chinos, joggers, knitwear, shorts, hoodies and sweatshirts, coats and jackets, underwear and socks, loungewear, and tailoring for men. It also provides footwear for men and women; and bags and purses, wallets, accessories, sunglasses, jewelry, watches, and beauty products. The company was incorporated in 2012 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 Analysis2020/01/13 22:57
      End of Day Share Price2019/12/11 00:00
      Earnings2019/03/31
      Annual Earnings2019/03/31


      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.