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VIC

Victorian Plumbing GroupAIM:VIC Stock Report

Market Cap

UK£571.5m

7D

-2.0%

1Y

n/a

Updated

29 Nov, 2021

Data

Company Financials +
VIC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends0/6

VIC Stock Overview

Victorian Plumbing Group plc operates as an online retailer of bathroom products and accessories.

Price History & Performance

Summary of all time highs, changes and price drops for Victorian Plumbing Group
Historical stock prices
Current Share PriceUK£1.76
52 Week HighUK£3.42
52 Week LowUK£1.50
Beta0
1 Month Change-3.30%
3 Month Change-26.53%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-46.79%

Recent News & Updates

Sep 29
Are Investors Undervaluing Victorian Plumbing Group plc (LON:VIC) By 25%?

Are Investors Undervaluing Victorian Plumbing Group plc (LON:VIC) By 25%?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Victorian Plumbing...

Shareholder Returns

VICGB Online RetailGB Market
7D-2.0%-1.9%-1.9%
1Yn/a-55.3%13.8%

Return vs Industry: Insufficient data to determine how VIC performed against the UK Online Retail industry.

Return vs Market: Insufficient data to determine how VIC performed against the UK Market.

Price Volatility

Is VIC's price volatile compared to industry and market?
VIC volatility
VIC Average Weekly Movement7.7%
Online Retail Industry Average Movement7.2%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.7%
10% least volatile stocks in GB Market2.6%

Stable Share Price: VIC is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: Insufficient data to determine VIC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021534Mark Radcliffehttps://www.victorianplumbingplc.com

Victorian Plumbing Group plc operates as an online retailer of bathroom products and accessories. It offers a range of products to B2C and trade customers with approximately 125 brands, as well as designs and develops in-house products. The company’s bathroom product lines include tiles, flooring, and lighting.

Victorian Plumbing Group Fundamentals Summary

How do Victorian Plumbing Group's earnings and revenue compare to its market cap?
VIC fundamental statistics
Market CapUK£571.46m
Earnings (TTM)UK£25.00m
Revenue (TTM)UK£253.40m

22.8x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VIC income statement (TTM)
RevenueUK£253.40m
Cost of RevenueUK£133.20m
Gross ProfitUK£120.20m
ExpensesUK£95.20m
EarningsUK£25.00m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.077
Gross Margin47.43%
Net Profit Margin9.87%
Debt/Equity Ratio0%

How did VIC perform over the long term?

See historical performance and comparison

Valuation

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

27.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VIC (£1.76) is trading below our estimate of fair value (£2.41)

Significantly Below Fair Value: VIC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VIC is poor value based on its PE Ratio (22.8x) compared to the UK Online Retail industry average (21.1x).

PE vs Market: VIC is poor value based on its PE Ratio (22.8x) compared to the UK market (19x).


Price to Earnings Growth Ratio

PEG Ratio: VIC is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: VIC is overvalued based on its PB Ratio (23x) compared to the GB Online Retail industry average (4.7x).


Future Growth

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

13.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VIC's forecast earnings growth (13.4% per year) is above the savings rate (0.9%).

Earnings vs Market: VIC's earnings (13.4% per year) are forecast to grow faster than the UK market (12.6% per year).

High Growth Earnings: VIC's earnings are forecast to grow, but not significantly.

Revenue vs Market: VIC's revenue (15.2% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: VIC's revenue (15.2% 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 VIC's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Victorian Plumbing Group performed over the past 5 years?

81.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: VIC has high quality earnings.

Growing Profit Margin: VIC's current net profit margins (9.9%) are higher than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if VIC's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare VIC's past year earnings growth to its 5-year average.

Earnings vs Industry: VIC earnings growth over the past year (81.8%) exceeded the Online Retail industry -5.5%.


Return on Equity

High ROE: VIC's Return on Equity (100.8%) is considered outstanding.


Financial Health

How is Victorian Plumbing Group's financial position?


Financial Position Analysis

Short Term Liabilities: VIC's short term assets (£59.4M) exceed its short term liabilities (£39.7M).

Long Term Liabilities: VIC's short term assets (£59.4M) exceed its long term liabilities (£5.7M).


Debt to Equity History and Analysis

Debt Level: VIC is debt free.

Reducing Debt: VIC has not had any debt for past 5 years.

Debt Coverage: VIC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VIC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Victorian Plumbing Group current dividend yield, its reliability and sustainability?

1.34%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

0.4yrs

Average board tenure


CEO

Mark Radcliffe (42 yo)

no data

Tenure

Mr. Mark Radcliffe serves as Chief Executive Officer and Director of Victorian Plumbing Group plc. Mr. Radcliffe founded Victorian Plumbing in 2000 and has led the business ever since. Prior to that time,...


Board Members

Experienced Board: VIC's board of directors are not considered experienced ( 0.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: VIC only recently listed within the past 12 months.


Top Shareholders

Company Information

Victorian Plumbing Group plc's employee growth, exchange listings and data sources


Key Information

  • Name: Victorian Plumbing Group plc
  • Ticker: VIC
  • Exchange: AIM
  • Founded: 2021
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: UK£571.461m
  • Shares outstanding: 325.06m
  • Website: https://www.victorianplumbingplc.com

Number of Employees


Location

  • Victorian Plumbing Group plc
  • 22 Grimrod Place
  • Skelmersdale
  • Lancashire
  • WN8 9UU
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/29 23:13
End of Day Share Price2021/11/29 00:00
Earnings2021/03/31
Annual Earnings2020/09/30


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.