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PDG

PendragonLSE:PDG Stock Report

Market Cap

UK£258.6m

7D

-2.1%

1Y

35.4%

Updated

30 Nov, 2021

Data

Company Financials +
PDG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

PDG Stock Overview

Pendragon PLC, together with its subsidiaries, operates in the automotive retail sector in the United Kingdom.

Price History & Performance

Summary of all time highs, changes and price drops for Pendragon
Historical stock prices
Current Share PriceUK£0.19
52 Week HighUK£0.21
52 Week LowUK£0.10
Beta0.70
1 Month Change1.36%
3 Month Change-3.75%
1 Year Change35.37%
3 Year Change-24.85%
5 Year Change-39.51%
Change since IPO164.21%

Recent News & Updates

Sep 22
We Think That There Are Issues Underlying Pendragon's (LON:PDG) Earnings

We Think That There Are Issues Underlying Pendragon's (LON:PDG) Earnings

Unsurprisingly, Pendragon PLC's ( LON:PDG ) stock price was strong on the back of its healthy earnings report. However...

May 27
Is It Time To Consider Buying Pendragon PLC (LON:PDG)?

Is It Time To Consider Buying Pendragon PLC (LON:PDG)?

Pendragon PLC ( LON:PDG ), is not the largest company out there, but it received a lot of attention from a substantial...

Shareholder Returns

PDGGB Specialty RetailGB Market
7D-2.1%-3.0%-2.6%
1Y35.4%27.5%10.9%

Return vs Industry: PDG exceeded the UK Specialty Retail industry which returned 33.5% over the past year.

Return vs Market: PDG exceeded the UK Market which returned 13.8% over the past year.

Price Volatility

Is PDG's price volatile compared to industry and market?
PDG volatility
PDG Average Weekly Movement5.3%
Specialty Retail Industry Average Movement5.9%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.8%
10% least volatile stocks in GB Market2.5%

Stable Share Price: PDG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: PDG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19885,536Bill Bermanhttps://www.pendragonplc.com

Pendragon PLC, together with its subsidiaries, operates in the automotive retail sector in the United Kingdom. It operates through Car Store, Franchised UK Motor, Software, and Leasing segments. The company sells new and used motor cars, motorbikes, trucks, and vans together with associated aftersales activities of service, body repair, and parts sales.

Pendragon Fundamentals Summary

How do Pendragon's earnings and revenue compare to its market cap?
PDG fundamental statistics
Market CapUK£258.64m
Earnings (TTM)UK£45.20m
Revenue (TTM)UK£3.40b

5.7x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PDG income statement (TTM)
RevenueUK£3.40b
Cost of RevenueUK£2.99b
Gross ProfitUK£410.80m
ExpensesUK£365.60m
EarningsUK£45.20m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.033
Gross Margin12.07%
Net Profit Margin1.33%
Debt/Equity Ratio39.5%

How did PDG perform over the long term?

See historical performance and comparison

Valuation

Is Pendragon 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: PDG (£0.19) is trading below our estimate of fair value (£0.56)

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


Price To Earnings Ratio

PE vs Industry: PDG is good value based on its PE Ratio (5.7x) compared to the UK Specialty Retail industry average (10.6x).

PE vs Market: PDG is good value based on its PE Ratio (5.7x) compared to the UK market (19x).


Price to Earnings Growth Ratio

PEG Ratio: PDG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: PDG is good value based on its PB Ratio (1.4x) compared to the GB Specialty Retail industry average (2.3x).


Future Growth

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

-14.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PDG's earnings are forecast to decline over the next 3 years (-14.7% per year).

Earnings vs Market: PDG's earnings are forecast to decline over the next 3 years (-14.7% per year).

High Growth Earnings: PDG's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PDG's revenue (4.7% per year) is forecast to grow slower than the UK market (4.9% per year).

High Growth Revenue: PDG's revenue (4.7% 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 PDG's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Pendragon performed over the past 5 years?

-37.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PDG has a large one-off gain of £26.6M impacting its June 30 2021 financial results.

Growing Profit Margin: PDG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PDG's earnings have declined by 37.1% per year over the past 5 years.

Accelerating Growth: PDG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PDG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (74%).


Return on Equity

High ROE: PDG's Return on Equity (24.2%) is considered high.


Financial Health

How is Pendragon's financial position?


Financial Position Analysis

Short Term Liabilities: PDG's short term assets (£683.5M) do not cover its short term liabilities (£839.1M).

Long Term Liabilities: PDG's short term assets (£683.5M) exceed its long term liabilities (£397.1M).


Debt to Equity History and Analysis

Debt Level: PDG has more cash than its total debt.

Reducing Debt: PDG's debt to equity ratio has increased from 25.7% to 39.5% over the past 5 years.

Debt Coverage: PDG's debt is well covered by operating cash flow (94%).

Interest Coverage: PDG's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


Dividend

What is Pendragon current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

2.1yrs

Average management tenure


CEO

Bill Berman (54 yo)

1.67yrs

Tenure

UK£923,000

Compensation

Mr. William R. Berman, also known as Bill, serves as President at Valencia Auto Imports Holding LLC, Stevens Creek Luxury Imports Holding, LLC, AN Valencia Auto Imports, Inc., and Auto Company XIII, Inc. H...


CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD1.22M) is above average for companies of similar size in the UK market ($USD766.55K).

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


Leadership Team

Experienced Management: PDG's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: PDG's board of directors are not considered experienced ( 2.3 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Pendragon PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Pendragon PLC
  • Ticker: PDG
  • Exchange: LSE
  • Founded: 1988
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: UK£258.638m
  • Shares outstanding: 1.39b
  • Website: https://www.pendragonplc.com

Number of Employees


Location

  • Pendragon PLC
  • Loxley House
  • 2 Oakwood Court
  • Nottingham
  • Nottinghamshire
  • NG15 0DR
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 21:38
End of Day Share Price2021/11/30 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.