at Home Group
Market Cap
UK£2.0b
Last Updated
2021/02/27 21:01 UTC
Data Sources
Company Financials +
Executive Summary
Pets at Home Group Plc, through its subsidiaries, operates as a specialist retailer of pet food, pet related products, and pet accessories in the United Kingdom. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with proven track record.
Share Price & News
How has at Home Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PETS is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PETS's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
1.1%
PETS
1.0%
GB Specialty Retail
-2.3%
GB Market
1 Year Return
53.2%
PETS
19.4%
GB Specialty Retail
1.0%
GB Market
Return vs Industry: PETS exceeded the UK Specialty Retail industry which returned 19.2% over the past year.
Return vs Market: PETS exceeded the UK Market which returned 1.1% over the past year.
Shareholder returns
| PETS | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | 1.0% | -2.3% |
| 30 Day | -4.5% | 4.4% | 0.3% |
| 90 Day | -6.9% | 8.8% | 4.2% |
| 1 Year | 57.5%53.2% | 19.7%19.4% | 7.1%1.0% |
| 3 Year | 168.6%136.9% | 19.8%11.7% | 9.7%-3.4% |
| 5 Year | 76.9%44.0% | 13.1%-1.9% | 36.9%10.5% |
Long-Term Price Volatility Vs. Market
How volatile is at Home Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Pets at Home Group Plc (LON:PETS) Shares Could Be 24% Above Their Intrinsic Value Estimate2 weeks ago | Simply Wall St
Are at Home Group's (LON:PETS) Statutory Earnings A Good Reflection Of Its Earnings Potential?Valuation
Is at Home Group undervalued compared to its fair value and its price relative to the market?
27.09x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PETS (£3.94) is trading above our estimate of fair value (£3.22)
Significantly Below Fair Value: PETS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PETS is poor value based on its PE Ratio (27.1x) compared to the GB Specialty Retail industry average (20.9x).
PE vs Market: PETS is poor value based on its PE Ratio (27.1x) compared to the UK market (23.6x).
Price to Earnings Growth Ratio
PEG Ratio: PETS is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: PETS is overvalued based on its PB Ratio (2.1x) compared to the GB Specialty Retail industry average (1.7x).
Next Steps
Future Growth
How is at Home Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
16.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PETS's forecast earnings growth (16.3% per year) is above the savings rate (1%).
Earnings vs Market: PETS's earnings (16.3% per year) are forecast to grow slower than the UK market (23.1% per year).
High Growth Earnings: PETS's earnings are forecast to grow, but not significantly.
Revenue vs Market: PETS's revenue (4.7% per year) is forecast to grow slower than the UK market (7.3% per year).
High Growth Revenue: PETS'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: PETS's Return on Equity is forecast to be low in 3 years time (8.7%).
Next Steps
Past Performance
How has at Home Group performed over the past 5 years?
-7.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PETS has high quality earnings.
Growing Profit Margin: PETS's current net profit margins (6.7%) are higher than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: PETS's earnings have declined by 7.1% per year over the past 5 years.
Accelerating Growth: PETS's earnings growth over the past year (46.3%) exceeds its 5-year average (-7.1% per year).
Earnings vs Industry: PETS earnings growth over the past year (46.3%) exceeded the Specialty Retail industry -11.9%.
Return on Equity
High ROE: PETS's Return on Equity (7.7%) is considered low.
Next Steps
Financial Health
How is at Home Group's financial position?
Financial Position Analysis
Short Term Liabilities: PETS's short term assets (£262.7M) do not cover its short term liabilities (£328.4M).
Long Term Liabilities: PETS's short term assets (£262.7M) do not cover its long term liabilities (£549.6M).
Debt to Equity History and Analysis
Debt Level: PETS's debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: PETS's debt to equity ratio has reduced from 26.1% to 17.4% over the past 5 years.
Debt Coverage: PETS's debt is well covered by operating cash flow (151.6%).
Interest Coverage: PETS's interest payments on its debt are well covered by EBIT (6x coverage).
Balance Sheet
Next Steps
Dividend
What is at Home Group current dividend yield, its reliability and sustainability?
1.90%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PETS's dividend (1.9%) is higher than the bottom 25% of dividend payers in the UK market (1.49%).
High Dividend: PETS's dividend (1.9%) is low compared to the top 25% of dividend payers in the UK market (4.57%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PETS has been paying a dividend for less than 10 years.
Growing Dividend: PETS's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (51.5%), PETS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PETS's dividends in 3 years are forecast to be well covered by earnings (45.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Peter Pritchard
2.83yrs
Tenure
UK£1,629,409
Compensation
Mr. Peter Pritchard is Group Chief Executive Officer at Pets at Home Group Plc since April 27, 2018 and its Director since 2018. He has been Chief Executive Officer - Vet Group of Pets at Home Group Plc si...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD2.27M) is about average for companies of similar size in the UK market ($USD1.98M).
Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 2.83yrs | UK£1.63m | 0.29% £ 5.8m | |
| Group CFO & Executive Director | 4.33yrs | UK£1.17m | 0.035% £ 680.3k | |
| Chief Information Officer | 1.92yrs | no data | no data | |
| Director of Investor Relations & External Communication | no data | no data | no data | |
| Group Legal Director & Company Secretary | 1.08yrs | no data | no data | |
| Head of Media & Public Affairs | no data | no data | no data | |
| Chief People & Culture Officer | 4.08yrs | no data | 0.019% £ 376.7k | |
| Chief Data Officer | 2.25yrs | no data | no data | |
| Retail Chief Operating Officer | 2.08yrs | no data | no data | |
| Chief Operating Officer of Vet Group | 1.75yrs | no data | no data | |
| Group Head of Reward | no data | no data | no data | |
| Head of Group Strategy & Transformation | no data | no data | no data |
2.2yrs
Average Tenure
Experienced Management: PETS's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 2.83yrs | UK£1.63m | 0.29% £ 5.8m | |
| Group CFO & Executive Director | 4.33yrs | UK£1.17m | 0.035% £ 680.3k | |
| Independent Non-Executive Director | 3.58yrs | UK£50.00k | 0.0060% £ 118.3k | |
| Deputy Chairman & Senior Independent Non-Executive Director | 7yrs | UK£70.00k | 0.0060% £ 118.3k | |
| Independent Chairman | 0.75yr | no data | 0.0096% £ 188.9k | |
| Independent Non-Executive Director | 3.58yrs | UK£60.00k | 0.012% £ 237.0k | |
| Independent Non-Executive Director | 0.58yr | no data | no data | |
| Independent Non-Executive Director | 2.58yrs | UK£60.00k | 0.00084% £ 16.6k |
3.3yrs
Average Tenure
59.5yo
Average Age
Experienced Board: PETS's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PETS insiders have only sold shares 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
Pets at Home Group Plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pets at Home Group Plc
- Ticker: PETS
- Exchange: LSE
- Founded: 1991
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: UK£1.972b
- Shares outstanding: 500.00m
- Website: https://investors.petsathome.com
Number of Employees
Location
- Pets at Home Group Plc
- Epsom Avenue
- Stanley Green Trading Estate
- Handforth
- Cheshire
- SK9 3RN
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PETS | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Mar 2014 |
| 6P8 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Mar 2014 |
| PETSL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Mar 2014 |
| PAHG.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Mar 2014 |
Biography
Pets at Home Group Plc, through its subsidiaries, operates as a specialist retailer of pet food, pet related products, and pet accessories in the United Kingdom. The company offers a range of diets for dog...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/27 21:01 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/10/08 |
| Annual Earnings | 2020/03/26 |
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.