Topps Tiles
Market Cap
UK£89.7m
Last Updated
2020/10/21 22:03 UTC
Data Sources
Company Financials +
Executive Summary
Topps Tiles Plc engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for homeowners and tile fitters in the United Kingdom. More Details
Risk Analysis
Snowflake Analysis
Imperfect balance sheet with poor track record.
Similar Companies
Share Price & News
How has Topps Tiles's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TPT's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-7.1%
TPT
1.6%
GB Specialty Retail
-1.0%
GB Market
1 Year Return
-36.1%
TPT
5.4%
GB Specialty Retail
-14.8%
GB Market
Return vs Industry: TPT underperformed the UK Specialty Retail industry which returned 5.4% over the past year.
Return vs Market: TPT underperformed the UK Market which returned -14.8% over the past year.
Shareholder returns
| TPT | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.1% | 1.6% | -1.0% |
| 30 Day | 2.9% | 9.4% | -1.6% |
| 90 Day | 12.2% | 24.7% | -3.6% |
| 1 Year | -34.1%-36.1% | 6.2%5.4% | -11.6%-14.8% |
| 3 Year | -24.9%-33.8% | 14.5%5.6% | -8.9%-20.2% |
| 5 Year | -61.9%-68.5% | -0.7%-14.0% | 16.2%-10.0% |
Price Volatility Vs. Market
How volatile is Topps Tiles's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
At UK£0.48, Is Topps Tiles Plc (LON:TPT) Worth Looking At Closely?1 month ago | Simply Wall St
What Topps Tiles Plc's (LON:TPT) ROE Can Tell Us2 months ago | Simply Wall St
Topps Tiles Plc's (LON:TPT) Share Price Could Signal Some RiskValuation
Is Topps Tiles undervalued compared to its fair value and its price relative to the market?
34.63x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TPT (£0.46) is trading above our estimate of fair value (£0.13)
Significantly Below Fair Value: TPT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TPT is poor value based on its PE Ratio (34.6x) compared to the GB Specialty Retail industry average (25.6x).
PE vs Market: TPT is poor value based on its PE Ratio (34.6x) compared to the UK market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TPT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TPT is overvalued based on its PB Ratio (3.7x) compared to the GB Specialty Retail industry average (1.2x).
Next Steps
Future Growth
How is Topps Tiles forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
2.9%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TPT's forecast earnings growth is above the savings rate (1.2%).
Earnings vs Market: Insufficient data to determine if TPT's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TPT's revenue (2.9% per year) is forecast to grow slower than the UK market (6% per year).
High Growth Revenue: TPT's revenue (2.9% 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 TPT's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Topps Tiles performed over the past 5 years?
-14.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPT has high quality earnings.
Growing Profit Margin: TPT's current net profit margins (1.2%) are lower than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: TPT's earnings have declined by 14.9% per year over the past 5 years.
Accelerating Growth: TPT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TPT had negative earnings growth (-69.4%) over the past year, making it difficult to compare to the Specialty Retail industry average (-32.6%).
Return on Equity
High ROE: TPT's Return on Equity (10.3%) is considered low.
Next Steps
Financial Health
How is Topps Tiles's financial position?
Financial Position Analysis
Short Term Liabilities: TPT's short term assets (£61.3M) do not cover its short term liabilities (£63.2M).
Long Term Liabilities: TPT's short term assets (£61.3M) do not cover its long term liabilities (£138.2M).
Debt to Equity History and Analysis
Debt Level: TPT's debt to equity ratio (159.8%) is considered high.
Reducing Debt: TPT's debt to equity ratio has reduced from 950% to 159.8% over the past 5 years.
Debt Coverage: TPT's debt is well covered by operating cash flow (72.5%).
Interest Coverage: TPT's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Topps Tiles's current dividend yield, its reliability and sustainability?
1.21%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TPT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TPT'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 TPT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TPT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TPT is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TPT'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?
2.4yrs
Average management tenure
CEO
Rob Parker (48 yo)
0.92
Tenure
UK£366,000
Compensation
Mr. Robert Parker, also known as Rob, ACMA is the Group Chief Executive Officer of Topps Tiles plc since November 29, 2019 and served as its Chief Financial Officer until November 29, 2019 and also served ...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD480.98K) is above average for companies of similar size in the UK market ($USD356.15K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 0.92yr | UK£366.00k | 0.28% £ 254.3k | |
| Head of Legal & Company Secretary | 2.33yrs | no data | no data | |
| Managing Director of Retail | 2.5yrs | no data | no data | |
| Managing Director of Commercial | 2.5yrs | no data | no data |
2.4yrs
Average Tenure
Experienced Management: TPT's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 0.92yr | UK£366.00k | 0.28% £ 254.3k | |
| Independent Non-Executive Chairman | 5.58yrs | UK£133.00k | 0.10% £ 92.0k | |
| Independent Non-Executive Director | 8.75yrs | UK£45.00k | no data | |
| Independent Non-Executive Director | 8.83yrs | UK£46.00k | 0.0079% £ 7.1k | |
| Senior Independent Director | no data | UK£45.00k | no data |
8.8yrs
Average Tenure
55yo
Average Age
Experienced Board: TPT's board of directors are considered experienced (8.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TPT 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
Topps Tiles Plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Topps Tiles Plc
- Ticker: TPT
- Exchange: LSE
- Founded: 1963
- Industry: Home Improvement Retail
- Sector: Retail
- Market Cap: UK£89.684m
- Shares outstanding: 194.96m
- Website: https://www.toppstiles.co.uk
Number of Employees
Location
- Topps Tiles Plc
- Thorpe Way
- Grove Park
- Leicester
- Leicestershire
- LE19 1SU
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TPT | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jun 1997 |
| TPTJ.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jun 1997 |
| TPTL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jun 1997 |
Biography
Topps Tiles Plc engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for homeowners and tile fitters in the United Kingdom. The company offer ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/21 22:03 |
| End of Day Share Price | 2020/10/21 00:00 |
| Earnings | 2020/03/28 |
| Annual Earnings | 2019/09/28 |
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.