French Connection Group
Market Cap
UK£10.4m
Last Updated
2021/01/23 01:25 UTC
Data Sources
Company Financials
Executive Summary
French Connection Group PLC designs, produces, and distributes branded fashion clothing for men, women, and children. More Details
Rewards
Risk Analysis
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
| FCCN | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.9% | 0.9% | -0.5% |
| 30 Day | 2.4% | 0.04% | 3.0% |
| 90 Day | 38.7% | 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
2 months ago | Simply Wall St
What Can We Make Of French Connection Group's (LON:FCCN) CEO Compensation?10 months ago | Simply Wall St
Should You Worry About French Connection Group PLC's (LON:FCCN) CEO Pay?1 year ago | Simply Wall St
What Can We Make Of French Connection Group PLC’s (LON:FCCN) High Return On Capital?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
- Examine whether French Connection Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- French Connection Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 52yrs | UK£384.00k | 41.5% £ 4.3m | |
| CFO, Company Secretary & Executive Director | 4.75yrs | UK£235.00k | no data | |
| COO & Executive Director | 26.67yrs | UK£305.00k | no data | |
| Independent Non-Executive Director | 3.33yrs | UK£30.00k | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FCCN | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Dec 1983 |
| FDE | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 01:25 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/07/31 |
| Annual Earnings | 2020/01/31 |
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.