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FRAS

Frasers Group LSE:FRAS Stock Report

Last Price

UK£6.87

Market Cap

UK£3.2b

7D

6.2%

1Y

18.1%

Updated

16 May, 2022

Data

Company Financials +
FRAS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

FRAS Stock Overview

Frasers Group plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, and apparel through department stores, shops, and online in the United Kingdom and internationally.

Rewards

Earnings are forecast to grow 44.54% per year

Risk Analysis

No risks detected for FRAS from our risk checks.

Frasers Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Frasers Group
Historical stock prices
Current Share PriceUK£6.87
52 Week HighUK£8.27
52 Week LowUK£5.24
Beta1.9
1 Month Change-1.65%
3 Month Change-2.07%
1 Year Change18.14%
3 Year Change138.87%
5 Year Change129.31%
Change since IPO144.48%

Recent News & Updates

Mar 21
Does Frasers Group (LON:FRAS) Have A Healthy Balance Sheet?

Does Frasers Group (LON:FRAS) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Dec 04
An Intrinsic Calculation For Frasers Group plc (LON:FRAS) Suggests It's 29% Undervalued

An Intrinsic Calculation For Frasers Group plc (LON:FRAS) Suggests It's 29% Undervalued

In this article we are going to estimate the intrinsic value of Frasers Group plc ( LON:FRAS ) by taking the expected...

Shareholder Returns

FRASGB Specialty RetailGB Market
7D6.2%6.7%3.1%
1Y18.1%-18.7%-3.2%

Return vs Industry: FRAS exceeded the UK Specialty Retail industry which returned -18.8% over the past year.

Return vs Market: FRAS exceeded the UK Market which returned -3.8% over the past year.

Price Volatility

Is FRAS's price volatile compared to industry and market?
FRAS volatility
FRAS Average Weekly Movement5.6%
Specialty Retail Industry Average Movement6.3%
Market Average Movement6.2%
10% most volatile stocks in GB Market11.8%
10% least volatile stocks in GB Market3.2%

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

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

About the Company

FoundedEmployeesCEOWebsite
198225,000Michael Murrayhttps://www.frasers.group

Frasers Group plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, and apparel through department stores, shops, and online in the United Kingdom and internationally. The company operates through five segments: UK Sports Retail, Premium Lifestyle, European Retail, Rest of World Retail, and Wholesale & Licensing. It is also involved in the wholesale distribution and sale of sports and leisure clothing, footwear, equipment, and apparel; and licensing activities.

Frasers Group Fundamentals Summary

How do Frasers Group's earnings and revenue compare to its market cap?
FRAS fundamental statistics
Market CapUK£3.21b
Earnings (TTM)-UK£25.20m
Revenue (TTM)UK£4.07b

0.8x

P/S Ratio

-127.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FRAS income statement (TTM)
RevenueUK£4.07b
Cost of RevenueUK£2.33b
Gross ProfitUK£1.74b
Other ExpensesUK£1.77b
Earnings-UK£25.20m

Last Reported Earnings

Oct 24, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.054
Gross Margin42.73%
Net Profit Margin-0.62%
Debt/Equity Ratio27.4%

How did FRAS perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


2.38x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: FRAS (£6.87) is trading above our estimate of fair value (£2.63)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: FRAS is overvalued based on its PB Ratio (2.4x) compared to the GB Specialty Retail industry average (1.5x).


Future Growth

How is Frasers Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


44.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: FRAS's revenue (8% per year) is forecast to grow faster than the UK market (4.1% per year).

High Growth Revenue: FRAS's revenue (8% 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 FRAS's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Frasers Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-40.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FRAS is currently unprofitable.

Growing Profit Margin: FRAS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FRAS is unprofitable, and losses have increased over the past 5 years at a rate of 40.2% per year.

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

Earnings vs Industry: FRAS is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (58.8%).


Return on Equity

High ROE: FRAS has a negative Return on Equity (-1.37%), as it is currently unprofitable.


Financial Health

How is Frasers Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: FRAS's short term assets (£2.1B) exceed its short term liabilities (£1.1B).

Long Term Liabilities: FRAS's short term assets (£2.1B) exceed its long term liabilities (£1.3B).


Debt to Equity History and Analysis

Debt Level: FRAS's net debt to equity ratio (1.8%) is considered satisfactory.

Reducing Debt: FRAS's debt to equity ratio has increased from 19.7% to 27.4% over the past 5 years.

Debt Coverage: FRAS's debt is well covered by operating cash flow (197.3%).

Interest Coverage: FRAS earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as FRAS has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Michael Murray (32 yo)

no data

Tenure

Mr. Michael Murray served as Head of Elevation at Sports Direct Int until May 01, 2022 and serves as its Chief Executive Officer since May 01, 2022. Mr. Murray served as Property Director at Frasers Group...


Leadership Team

Experienced Management: FRAS's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: FRAS's board of directors are considered experienced (3.6 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

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


Key Information

  • Name: Frasers Group plc
  • Ticker: FRAS
  • Exchange: LSE
  • Founded: 1982
  • Industry: Specialty Stores
  • Sector: Retail
  • Implied Market Cap: UK£3.206b
  • Shares outstanding: 466.70m
  • Website: https://www.frasers.group

Number of Employees


Location

  • Frasers Group plc
  • Brook Park East
  • Unit A
  • Shirebrook
  • Derbyshire
  • NG20 8RY
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2021/10/24
Annual Earnings2021/04/25


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.