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UP Global Sourcing Holdings

LSE:UPGS
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
UPGS
LSE
£51M
Market Cap
  1. Home
  2. GB
  3. Retail
Company description

UP Global Sourcing Holdings plc, together with its subsidiaries, supplies branded household products worldwide. The last earnings update was 90 days ago. More info.


Add to Portfolio Compare Print
  • UP Global Sourcing Holdings has significant price volatility in the past 3 months.
UPGS Share Price and Events
7 Day Returns
-2%
LSE:UPGS
4.1%
GB Retail Distributors
1.5%
GB Market
1 Year Returns
70.7%
LSE:UPGS
-17.3%
GB Retail Distributors
-3%
GB Market
UPGS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
UP Global Sourcing Holdings (UPGS) -2% 28.3% 55.6% 70.7% - -
GB Retail Distributors 4.1% 1.9% 5.9% -17.3% -5.5% -6%
GB Market 1.5% 3% 2.7% -3% 20.8% -3.8%
1 Year Return vs Industry and Market
  • UPGS outperformed the Retail Distributors industry which returned -17.3% over the past year.
  • UPGS outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

UPGS Value

 Is UP Global Sourcing Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of UP Global Sourcing Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for UP Global Sourcing Holdings.

LSE:UPGS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.2%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:UPGS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 8.8%
Retail Distributors Unlevered Beta Simply Wall St/ S&P Global 0.56
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.561 (1 + (1- 19%) (25.14%))
0.675
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.8 * 8.77%)
8.25%

Discounted Cash Flow Calculation for LSE:UPGS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for UP Global Sourcing Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

LSE:UPGS DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (GBP, Millions) 3.98 4.46 5.00 5.61 6.29
Source Analyst x1 Est @ 12.13% Est @ 12.13% Est @ 12.13% Est @ 12.13%
Present Value
Discounted (@ 8.25%)
3.67 3.81 3.94 4.08 4.23
Present value of next 5 years cash flows £19.74
LSE:UPGS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= £6.29 × (1 + 1.23%) ÷ (8.25% – 1.23%)
£90.66
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= £90.66 ÷ (1 + 8.25%)5
£61.01
LSE:UPGS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= £19.74 + £61.01
£80.74
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £80.74 / 79.64
£1.01
LSE:UPGS Discount to Share Price
Calculation Result
Value per share (GBP) From above. £1.01
Current discount Discount to share price of £0.64
= -1 x (£0.64 - £1.01) / £1.01
36.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price UP Global Sourcing Holdings is available for.
Intrinsic value
37%
Share price is £0.64 vs Future cash flow value of £1.01
Current Discount Checks
For UP Global Sourcing Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • UP Global Sourcing Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • UP Global Sourcing Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for UP Global Sourcing Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are UP Global Sourcing Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:UPGS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-07-31) in GBP £0.05
LSE:UPGS Share Price ** LSE (2019-02-18) in GBP £0.64
United Kingdom of Great Britain and Northern Ireland Retail Distributors Industry PE Ratio Median Figure of 5 Publicly-Listed Retail Distributors Companies 10.35x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 814 Publicly-Listed Companies 15.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of UP Global Sourcing Holdings.

LSE:UPGS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:UPGS Share Price ÷ EPS (both in GBP)

= 0.64 ÷ 0.05

12.32x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • UP Global Sourcing Holdings is overvalued based on earnings compared to the GB Retail Distributors industry average.
  • UP Global Sourcing Holdings is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does UP Global Sourcing Holdings's expected growth come at a high price?
Raw Data
LSE:UPGS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Europe Retail Distributors Industry PEG Ratio Median Figure of 8 Publicly-Listed Retail Distributors Companies 1.11x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 579 Publicly-Listed Companies 1.26x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for UP Global Sourcing Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on UP Global Sourcing Holdings's assets?
Raw Data
LSE:UPGS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-07-31) in GBP £0.11
LSE:UPGS Share Price * LSE (2019-02-18) in GBP £0.64
United Kingdom of Great Britain and Northern Ireland Retail Distributors Industry PB Ratio Median Figure of 5 Publicly-Listed Retail Distributors Companies 1.68x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,362 Publicly-Listed Companies 1.52x
LSE:UPGS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:UPGS Share Price ÷ Book Value per Share (both in GBP)

= 0.64 ÷ 0.11

6.03x

* Primary Listing of UP Global Sourcing Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • UP Global Sourcing Holdings is overvalued based on assets compared to the GB Retail Distributors industry average.
X
Value checks
We assess UP Global Sourcing Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Retail Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Retail Distributors industry average (and greater than 0)? (1 check)
  5. UP Global Sourcing Holdings has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

UPGS Future Performance

 How is UP Global Sourcing Holdings expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.3%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is UP Global Sourcing Holdings expected to grow at an attractive rate?
  • Unable to compare UP Global Sourcing Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare UP Global Sourcing Holdings's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • UP Global Sourcing Holdings's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:UPGS Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:UPGS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 17.3%
Europe Retail Distributors Industry Earnings Growth Rate Market Cap Weighted Average 12.3%
Europe Retail Distributors Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.2%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:UPGS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:UPGS Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-07-31 123 1
2019-07-31 118 5 1
LSE:UPGS Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-07-31 88 -2 4
2018-04-30 89 4 4
2018-01-31 90 9 3
2017-10-31 100 9 4
2017-07-31 110 9 6
2017-04-30 108 7 6
2017-01-31 105 4 7
2016-10-31 92 4 6
2016-07-31 79 4 5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if UP Global Sourcing Holdings is high growth as no earnings estimate data is available.
  • UP Global Sourcing Holdings's revenue is expected to grow by 17.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:UPGS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from UP Global Sourcing Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:UPGS Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-07-31
2019-07-31
LSE:UPGS Past Financials Data
Date (Data in GBP Millions) EPS *
2018-07-31 0.05
2018-04-30 0.05
2018-01-31 0.04
2017-10-31 0.06
2017-07-31 0.07
2017-04-30 0.08
2017-01-31 0.10
2016-10-31 0.08
2016-07-31 0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if UP Global Sourcing Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess UP Global Sourcing Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
UP Global Sourcing Holdings has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

UPGS Past Performance

  How has UP Global Sourcing Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare UP Global Sourcing Holdings's growth in the last year to its industry (Retail Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • UP Global Sourcing Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • UP Global Sourcing Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • UP Global Sourcing Holdings's 1-year earnings growth is negative, it can't be compared to the GB Retail Distributors industry average.
Earnings and Revenue History
UP Global Sourcing Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from UP Global Sourcing Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:UPGS Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-07-31 87.57 4.28 13.84
2018-04-30 88.92 3.84 13.79
2018-01-31 90.28 3.39 13.73
2017-10-31 100.11 4.48 13.63
2017-07-31 109.95 5.58 13.52
2017-04-30 107.54 6.36 12.09
2017-01-31 105.13 7.14 10.66
2016-10-31 92.08 6.02 10.81
2016-07-31 79.03 4.90 10.97
2015-07-31 61.40 0.65 14.18
2014-04-30 53.52 -1.79 12.81
2013-07-31 52.56 -2.84 12.80
2012-07-31 52.99 -4.03 14.01

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst UP Global Sourcing Holdings made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • UP Global Sourcing Holdings used its assets more efficiently than the GB Retail Distributors industry average last year based on Return on Assets.
  • UP Global Sourcing Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess UP Global Sourcing Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Retail Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
UP Global Sourcing Holdings has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

UPGS Health

 How is UP Global Sourcing Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up UP Global Sourcing Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • UP Global Sourcing Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • UP Global Sourcing Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of UP Global Sourcing Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from UP Global Sourcing Holdings Company Filings, last reported 6 months ago.

LSE:UPGS Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-07-31 8.75 12.86 0.15
2018-04-30 8.75 12.86 0.15
2018-01-31 6.75 6.79 0.15
2017-10-31 6.75 6.79 0.15
2017-07-31 6.79 5.95 0.11
2017-04-30 6.79 5.95 0.11
2017-01-31 6.18 10.36 0.12
2016-10-31 6.18 10.36 0.12
2016-07-31 1.19 10.02 0.16
2015-07-31 2.99 5.58 0.06
2014-04-30 -15.12 20.44 0.08
2013-07-31 -13.73 23.56 0.25
2012-07-31 -10.89 23.19 0.68
  • UP Global Sourcing Holdings's level of debt (147%) compared to net worth is high (greater than 40%).
  • UP Global Sourcing Holdings had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 17.4x coverage).
X
Financial health checks
We assess UP Global Sourcing Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. UP Global Sourcing Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

UPGS Dividends

 What is UP Global Sourcing Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.24%
Current annual income from UP Global Sourcing Holdings dividends. Estimated to be 5.61% next year.
If you bought £2,000 of UP Global Sourcing Holdings shares you are expected to receive £85 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • UP Global Sourcing Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.99%).
  • UP Global Sourcing Holdings's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.25%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:UPGS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Retail Distributors Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 3.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 710 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:UPGS Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2020-07-31 0.04 1.00
2019-07-31 0.04 1.00
LSE:UPGS Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-11-06 0.027 5.753
2018-01-08 0.051 13.202
2017-11-07 0.051 6.202
2017-04-28 0.032 2.218
2017-03-01 0.000 0.006

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • UP Global Sourcing Holdings has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but UP Global Sourcing Holdings only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of UP Global Sourcing Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (2x coverage).
X
Income/ dividend checks
We assess UP Global Sourcing Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can UP Global Sourcing Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. UP Global Sourcing Holdings has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

UPGS Management

 What is the CEO of UP Global Sourcing Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Simon Showman
COMPENSATION £1,434,291
AGE 44
CEO Bio

Mr. Simon A. Showman serves as Chief Executive Officer at UP Global Sourcing (UK) Ltd. Mr. Showman serves as Chief Executive Officer at UP Global Sourcing Holdings plc and has been its Executive Director since July 05, 2005 at the time of the investment by LDC, having been a Director of Ultimate Products since 1997. He began his career working for an auctioneer before founding Ultimate Products in 199.

CEO Compensation
  • Simon's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Simon's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Simon Showman

TITLE
CEO & Executive Director
COMPENSATION
£1M
AGE
44

Graham Screawn

TITLE
CFO, Company Secretary & Executive Director
COMPENSATION
£1M
AGE
50

Andrew Gossage

TITLE
MD & Executive Director
COMPENSATION
£971K
AGE
46
Board of Directors Tenure

Average tenure and age of the UP Global Sourcing Holdings board of directors in years:

10.9
Average Tenure
50
Average Age
  • The average tenure for the UP Global Sourcing Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Jim McCarthy

TITLE
Independent Non-Executive Chairman
COMPENSATION
£44K
AGE
62

Simon Showman

TITLE
CEO & Executive Director
COMPENSATION
£1M
AGE
44
TENURE
13.6 yrs

Graham Screawn

TITLE
CFO, Company Secretary & Executive Director
COMPENSATION
£1M
AGE
50
TENURE
8.2 yrs

Andrew Gossage

TITLE
MD & Executive Director
COMPENSATION
£971K
AGE
46
TENURE
13.6 yrs

Alan Rigby

TITLE
Senior Independent Non-Executive Director
AGE
61
TENURE
1.9 yrs

Robbie Bell

TITLE
Independent Non-Executive Director
COMPENSATION
£29K
AGE
44
TENURE
1.9 yrs

Barry Franks

TITLE
Non-Executive Director
COMPENSATION
£59K
AGE
71
TENURE
13.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
07. Nov 18 Buy James McCarthy Individual 06. Nov 18 06. Nov 18 135,000 £0.39 £53,055
02. May 18 Buy Alan Rigby Individual 02. May 18 02. May 18 25,000 £0.40 £10,000
X
Management checks
We assess UP Global Sourcing Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. UP Global Sourcing Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

UPGS News

Simply Wall St News

Should We Be Delighted With UP Global Sourcing Holdings plc's (LON:UPGS) ROE Of 49%?

We'll use ROE to examine UP Global Sourcing Holdings plc (LON:UPGS), by way of a worked example. … That means that for every £1 worth of shareholders' equity, it generated £0.49 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Are UP Global Sourcing Holdings plc's (LON:UPGS) Interest Costs Too High?

While small-cap stocks, such as UP Global Sourcing Holdings plc (LON:UPGS) with its market cap of UK£40m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … So, understanding the company's financial health becomes. … Here are few basic financial health checks you should consider before taking the plunge.

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A Close Look At UP Global Sourcing Holdings plc’s (LON:UPGS) 54% ROCE

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … Analysts use this formula to calculate return on capital employed:

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Read This Before You Buy UP Global Sourcing Holdings plc (LON:UPGS) Because Of Its P/E Ratio

We'll look at UP Global Sourcing Holdings plc's (LON:UPGS) P/E ratio and reflect on what it tells us about the company's share price. … Based on the last twelve months, UP Global Sourcing Holdings's P/E ratio is 8.12. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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Can UP Global Sourcing Holdings plc (LON:UPGS) Maintain Its Strong Returns?

To keep the lesson grounded in practicality, we'll use ROE to better understand UP Global Sourcing Holdings plc (LON:UPGS). … Over the last twelve months UP Global Sourcing Holdings has recorded a ROE of 49%. … View our latest analysis for UP Global Sourcing Holdings?

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These Fundamentals Make UP Global Sourcing Holdings plc (LON:UPGS) Truly Worth Looking At

As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … In the case of UP Global Sourcing Holdings plc (LON:UPGS), it

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Interested In UP Global Sourcing Holdings plc (LON:UPGS)? Here's How It Performed Recently

After reading UP Global Sourcing Holdings plc's (LON:UPGS) most recent earnings announcement (31 January 2018), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … I also compare against an industry benchmark to check whether UP Global Sourcing Holdings's performance has been impacted by industry movements. … UPGS's trailing twelve-month earnings (from 31 January 2018) of UK£3.4m has

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What Should You Know About UP Global Sourcing Holdings plc's (LON:UPGS) Capital Returns?

and looking to gauge the potential return on investment in UP Global Sourcing Holdings plc (LON:UPGS). … Purchasing UP Global Sourcing Holdings gives you an ownership stake in the company. … To understand UP Global Sourcing Holdings’s capital returns we will look at a useful metric called return on capital employed.

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Is UP Global Sourcing Holdings plc's (LON:UPGS) PE Ratio A Signal To Sell For Investors?

UPGS is priced at a multiple of 10.27x based on its prior year’s earnings,. … which is -116.3906818274792 lower than 12.05x average multiple of the GB Retail Distributors. … However, a static multiple such as PE is never conclusive on its own.

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Is UP Global Sourcing Holdings plc (LON:UPGS) A Buy At Its Current PE Ratio?

and want to begin learning the link between UP Global Sourcing Holdings plc (LON:UPGS)’s fundamentals and stock market performance. … UP Global Sourcing Holdings plc (LON:UPGS) is currently trading at a trailing P/E of 10.2x, which is lower than the industry average of 11.8x. … Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind

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UPGS Company Info

Map
Description

UP Global Sourcing Holdings plc, together with its subsidiaries, supplies branded household products worldwide. The company offers its products principally under the Beldray, Salter, Intempo, Russell Hobbs, and Progress brands. UP Global Sourcing Holdings plc was founded in 1997 and is based in Oldham, the United Kingdom.

Details
Name: UP Global Sourcing Holdings plc
UPGS
Exchange: LSE
Founded: 1997
£51,130,673
79,642,793
Website: http://www.upgs.com
Address: UP Global Sourcing Holdings plc
Manor Mill,
Victoria Street,
Oldham,
Greater Manchester, OL9 0DD,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE UPGS Ordinary Shares London Stock Exchange GB GBP 01. Mar 2017
BATS-CHIXE UPGSL Ordinary Shares BATS 'Chi-X Europe' GB GBP 01. Mar 2017
Number of employees
Current staff
Staff numbers
245
UP Global Sourcing Holdings employees.
Industry
Distributors
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/18 23:54
End of day share price update: 2019/02/18 00:00
Last estimates confirmation: 2019/02/11
Last earnings filing: 2018/11/20
Last earnings reported: 2018/07/31
Last annual earnings reported: 2018/07/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.