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ATG

Auction Technology GroupLSE:ATG Stock Report

Market Cap

UK£1.7b

7D

-5.0%

1Y

n/a

Updated

23 Sep, 2021

Data

Company Financials +
ATG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health0/6
Dividends0/6

ATG Overview

Auction Technology Group plc operates marketplaces and a proprietary auction platform in the United Kingdom, the United States, Austria, Germany, and Switzerland.

Price History & Performance

Summary of all time highs, changes and price drops for Auction Technology Group
Historical stock prices
Current Share PriceUK£14.30
52 Week HighUK£7.35
52 Week LowUK£16.80
Beta0
1 Month Change-5.30%
3 Month Change19.37%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO78.75%

Recent News & Updates

Shareholder Returns

ATGGB Online RetailGB Market
7D-5.0%-1.4%0.4%
1Yn/a-15.7%24.5%

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

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

Price Volatility

Is ATG's price volatile compared to industry and market?
ATG volatility
ATG Beta0
Industry Beta1.71
Market Beta1

Stable Share Price: ATG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ATG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1971214John-Paul Savanthttps://www.auctiontechnologygroup.com

Auction Technology Group plc operates marketplaces and a proprietary auction platform in the United Kingdom, the United States, Austria, Germany, and Switzerland. The company operates through Arts and Antiques, Industrial and Commercial, and Content segments. It offers watches, jewellery, furniture, fine art, decorative art, classic cars, collectables, and fashion products; used equipment, commercial vehicles, and machineries for used in laboratories and pharmaceuticals, warehousing, mining and utilities, oil and gas, firearms, real estate, construction, agriculture, plastic, metal, wood, chemical, food and beverage, and other manufacturing industries; and technology and electronics, homeware, and furniture products.

Auction Technology Group Fundamentals Summary

How do Auction Technology Group's earnings and revenue compare to its market cap?
ATG fundamental statistics
Market CapUK£1.72b
Earnings (TTM)-UK£15.95m
Revenue (TTM)UK£45.32m

37.9x

P/S Ratio

-107.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATG income statement (TTM)
RevenueUK£45.32m
Cost of RevenueUK£17.29m
Gross ProfitUK£28.03m
ExpensesUK£43.98m
Earnings-UK£15.95m

Last Reported Earnings

Sep 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-15.00
Gross Margin61.84%
Net Profit Margin-35.20%
Debt/Equity Ratio-1,395.6%

How did ATG perform over the long term?

See historical performance and comparison

Valuation

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


Share Price vs. Fair Value

Below Fair Value: ATG (£14.3) is trading above our estimate of fair value (£8.67)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ATG has negative assets, so we can't compare its PB Ratio to the GB Online Retail industry average.


Future Growth

How is Auction Technology Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

94.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

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

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

Revenue vs Market: ATG's revenue (30.8% per year) is forecast to grow faster than the UK market (5.4% per year).

High Growth Revenue: ATG's revenue (30.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ATG's Return on Equity is forecast to be low in 3 years time (6.1%).


Past Performance

How has Auction Technology Group performed over the past 5 years?

-10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATG is currently unprofitable.

Growing Profit Margin: ATG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ATG is unprofitable, and losses have increased over the past 5 years at a rate of 10.8% per year.

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

Earnings vs Industry: ATG is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (81.8%).


Return on Equity

High ROE: ATG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Auction Technology Group's financial position?


Financial Position Analysis

Short Term Liabilities: ATG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ATG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ATG has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ATG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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 ATG has enough cash runway based on its current free cash flow.

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


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ATG'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 ATG'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?

0.6yrs

Average board tenure


CEO

John-Paul Savant (50 yo)

5.58yrs

Tenure

Mr. John-Paul Savant serves as Chief Executive Officer at Auction Topco Limited since February 2016 and also serves as its Director. He serves as Chief Executive Officer and Director at Auction Technology...


Board Members

Experienced Board: ATG's board of directors are not considered experienced ( 0.6 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: ATG only recently listed within the past 12 months.


Top Shareholders

Company Information

Auction Technology Group plc's employee growth, exchange listings and data sources


Key Information

  • Name: Auction Technology Group plc
  • Ticker: ATG
  • Exchange: LSE
  • Founded: 1971
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: UK£1.716b
  • Shares outstanding: 120.00m
  • Website: https://www.auctiontechnologygroup.com

Number of Employees


Location

  • Auction Technology Group plc
  • Harlequin Building
  • 65 Southwark Street
  • London
  • Greater London
  • SE1 0HR
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 21:45
End of Day Share Price2021/09/23 00:00
Earnings2020/09/30
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.