AIM:ULS

Stock Analysis Report

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Executive Summary

ULS Technology plc, through its subsidiaries, engages in the development and hosting of internet based software applications for legal and property services businesses in the United Kingdom. More Details


Snowflake Analysis

Good value with proven track record.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-4.1%

ULS

-0.3%

GB Online Retail

-1.9%

GB Market


1 Year Return

5.3%

ULS

41.9%

GB Online Retail

-16.2%

GB Market

Return vs Industry: ULS underperformed the UK Online Retail industry which returned 41.7% over the past year.

Return vs Market: ULS exceeded the UK Market which returned -14.8% over the past year.


Shareholder returns

ULSIndustryMarket
7 Day-4.1%-0.3%-1.9%
30 Day-1.3%-6.0%0.7%
90 Day-13.5%10.7%-4.8%
1 Year8.1%5.3%42.4%41.9%-13.0%-16.2%
3 Year-55.6%-58.8%96.3%91.5%-9.4%-20.6%
5 Year-9.2%-20.4%180.3%165.1%13.5%-12.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ULS (£0.53) is trading below our estimate of fair value (£0.54)

Significantly Below Fair Value: ULS is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ULS is good value based on its PE Ratio (10.5x) compared to the GB Online Retail industry average (28.7x).

PE vs Market: ULS is good value based on its PE Ratio (10.5x) compared to the UK market (18.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ULS is good value based on its PB Ratio (2.7x) compared to the GB Online Retail industry average (3.6x).


Next Steps

Future Growth

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

-0.5%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ULS's forecast earnings growth is above the savings rate (1.2%).

Earnings vs Market: Insufficient data to determine if ULS'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: ULS's revenue is expected to decline over the next 3 years (-0.5% per year).

High Growth Revenue: ULS's revenue is forecast to decline over the next 3 years (-0.5% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

  • Explore growth companies in the Retail industry.

Past Performance

How has ULS Technology performed over the past 5 years?

12.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ULS has high quality earnings.

Growing Profit Margin: ULS's current net profit margins (11.5%) are higher than last year (11%).


Past Earnings Growth Analysis

Earnings Trend: ULS's earnings have grown by 12.7% per year over the past 5 years.

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

Earnings vs Industry: ULS had negative earnings growth (-0.6%) over the past year, making it difficult to compare to the Online Retail industry average (-0.6%).


Return on Equity

High ROE: ULS's Return on Equity (26%) is considered high.


Next Steps

Financial Health

How is ULS Technology's financial position?


Financial Position Analysis

Short Term Liabilities: ULS's short term assets (£4.2M) do not cover its short term liabilities (£8.7M).

Long Term Liabilities: ULS's short term assets (£4.2M) exceed its long term liabilities (£3.1M).


Debt to Equity History and Analysis

Debt Level: ULS's debt to equity ratio (45.7%) is considered high.

Reducing Debt: ULS's debt to equity ratio has increased from 24.5% to 45.7% over the past 5 years.

Debt Coverage: ULS's debt is well covered by operating cash flow (87.6%).

Interest Coverage: ULS's interest payments on its debt are well covered by EBIT (24.6x coverage).


Balance Sheet


Next Steps

Dividend

What is ULS Technology current dividend yield, its reliability and sustainability?

2.35%

Forecast Dividend Yield


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ULS'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?

0.8yrs

Average board tenure


CEO

ULS Technology has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Andrew Weston
Co-Founderno dataUK£144.86k1.97%
£ 679.2k
John Williams
CFO, Company Secretary & Directorno dataUK£163.73k0.074%
£ 25.7k
Martin Rowland
Independent Chairman0.67yrUK£41.49k0.092%
£ 31.9k
Oliver Rupert Scott
Non-Executive Director0.75yrUK£8.28kno data
Elaine Bucknor
Independent Non-Executive Director2.33yrsUK£36.23kno data

0.8yrs

Average Tenure

52yo

Average Age

Experienced Board: ULS's board of directors are not considered experienced ( 0.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: ULS Technology plc
  • Ticker: ULS
  • Exchange: AIM
  • Founded: 2003
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: UK£34.512m
  • Shares outstanding: 64.87m
  • Website: https://www.ulstechnology.com

Number of Employees


Location

  • ULS Technology plc
  • The Old Grammar School
  • Church Road
  • Thame
  • Oxfordshire
  • OX9 3AJ
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ULSAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJul 2014

Biography

ULS Technology plc, through its subsidiaries, engages in the development and hosting of internet based software applications for legal and property services businesses in the United Kingdom. It provides so ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 20:36
End of Day Share Price2020/10/21 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.