LSE:FCCN

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French Connection Group

Executive Summary

French Connection Group PLC designs, produces, and distributes branded fashion clothing for men, women, and children. More Details


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has French Connection Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FCCN is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: FCCN's weekly volatility has decreased from 21% to 12% over the past year, but is still higher than 75% of UK stocks.


Market Performance


7 Day Return

-4.9%

FCCN

0.9%

GB Specialty Retail

-0.5%

GB Market


1 Year Return

-67.4%

FCCN

0.7%

GB Specialty Retail

-8.2%

GB Market

Return vs Industry: FCCN underperformed the UK Specialty Retail industry which returned 0.7% over the past year.

Return vs Market: FCCN underperformed the UK Market which returned -8.2% over the past year.


Shareholder returns

FCCNIndustryMarket
7 Day-4.9%0.9%-0.5%
30 Day2.4%0.04%3.0%
90 Day38.7%3.4%14.1%
1 Year-67.4%-67.4%0.9%0.7%-4.5%-8.2%
3 Year-68.4%-68.4%12.9%5.1%3.7%-9.0%
5 Year-76.0%-76.0%10.9%-3.9%42.1%14.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is French Connection Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FCCN (£0.11) is trading below our estimate of fair value (£1.58)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: FCCN is good value based on its PB Ratio (0.6x) compared to the GB Specialty Retail industry average (1.7x).


Next Steps

Future Growth

How is French Connection Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.1%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as French Connection Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has French Connection Group performed over the past 5 years?

-20.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FCCN is currently unprofitable.

Growing Profit Margin: FCCN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FCCN is unprofitable, and losses have increased over the past 5 years at a rate of 20.9% per year.

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

Earnings vs Industry: FCCN is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-13.3%).


Return on Equity

High ROE: FCCN has a negative Return on Equity (-98.15%), as it is currently unprofitable.


Next Steps

Financial Health

How is French Connection Group's financial position?


Financial Position Analysis

Short Term Liabilities: FCCN's short term assets (£46.5M) exceed its short term liabilities (£33.1M).

Long Term Liabilities: FCCN's short term assets (£46.5M) exceed its long term liabilities (£17.9M).


Debt to Equity History and Analysis

Debt Level: FCCN is debt free.

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


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: Whilst unprofitable FCCN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: FCCN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 44% per year.


Next Steps

Dividend

What is French Connection Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

15.7yrs

Average board tenure


CEO

Stephen Marks (73 yo)

52yrs

Tenure

UK£384,000

Compensation

Mr. Stephen Marks founded French Connection Group plc in 1969 and has been its Chairman and Chief Executive Officer since 1969. Mr. Marks serves as Director at French Connection UK Limited.


CEO Compensation Analysis

Compensation vs Market: Stephen's total compensation ($USD524.67K) is above average for companies of similar size in the UK market ($USD335.68K).

Compensation vs Earnings: Stephen's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Stephen Marks
Founder52yrsUK£384.00k41.5%
£ 4.3m
Lee Williams
CFO, Company Secretary & Executive Director4.75yrsUK£235.00kno data
Neil Williams
COO & Executive Director26.67yrsUK£305.00kno data
Sarah Curran
Independent Non-Executive Director3.33yrsUK£30.00kno data

15.7yrs

Average Tenure

55yo

Average Age

Experienced Board: FCCN's board of directors are seasoned and experienced ( 15.7 years average tenure).


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

French Connection Group PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: French Connection Group PLC
  • Ticker: FCCN
  • Exchange: LSE
  • Founded: 1969
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: UK£10.386m
  • Shares outstanding: 96.61m
  • Website: https://www.frenchconnection.com

Number of Employees


Location

  • French Connection Group PLC
  • Centro 1
  • First Floor
  • London
  • Greater London
  • NW1 0DT
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FCCNLSE (London Stock Exchange)YesOrdinary SharesGBGBPDec 1983
FDEDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 1983

Biography

French Connection Group PLC designs, produces, and distributes branded fashion clothing for men, women, and children. The company also provides toiletries and fragrances, shoes, watches, jewelry, eyewear, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 01:25
End of Day Share Price2021/01/22 00:00
Earnings2020/07/31
Annual Earnings2020/01/31


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.