Blancco Technology Group plc, together with its subsidiaries, provides mobile device diagnostics and data erasure services in the United States, the United Kingdom, the Asia Pacific, and internationally. More Details
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Blancco Technology Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BLTG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BLTG's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BLTG exceeded the UK Software industry which returned -10.2% over the past year.
Return vs Market: BLTG exceeded the UK Market which returned -10% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Blancco Technology Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHow Much Is Blancco Technology Group's (LON:BLTG) CEO Getting Paid?
2 months ago | Simply Wall StThe Blancco Technology Group (LON:BLTG) Share Price Has Gained 222%, So Why Not Pay It Some Attention?
4 months ago | Simply Wall StAre Investors Concerned With What's Going On At Blancco Technology Group (LON:BLTG)?
Is Blancco Technology Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BLTG (£2.02) is trading above our estimate of fair value (£0.39)
Significantly Below Fair Value: BLTG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BLTG is poor value based on its PE Ratio (5415.5x) compared to the GB Software industry average (37.6x).
PE vs Market: BLTG is poor value based on its PE Ratio (5415.5x) compared to the UK market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: BLTG is poor value based on its PEG Ratio (53.5x)
Price to Book Ratio
PB vs Industry: BLTG is good value based on its PB Ratio (1.9x) compared to the GB Software industry average (3.5x).
How is Blancco Technology Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BLTG's forecast earnings growth (101.1% per year) is above the savings rate (1.2%).
Earnings vs Market: BLTG's earnings (101.1% per year) are forecast to grow faster than the UK market (27.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BLTG's revenue (9.8% per year) is forecast to grow faster than the UK market (6.7% per year).
High Growth Revenue: BLTG's revenue (9.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BLTG's Return on Equity is forecast to be low in 3 years time (5.2%).
How has Blancco Technology Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLTG has a large one-off gain of £300.0K impacting its June 30 2020 financial results.
Growing Profit Margin: BLTG became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BLTG has become profitable over the past 5 years, growing earnings by 42% per year.
Accelerating Growth: BLTG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BLTG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (-3.2%).
Return on Equity
High ROE: BLTG's Return on Equity (-0.01%) is considered low.
How is Blancco Technology Group's financial position?
Financial Position Analysis
Short Term Liabilities: BLTG's short term assets (£14.7M) exceed its short term liabilities (£9.6M).
Long Term Liabilities: BLTG's short term assets (£14.7M) exceed its long term liabilities (£4.6M).
Debt to Equity History and Analysis
Debt Level: BLTG is debt free.
Reducing Debt: BLTG has no debt compared to 5 years ago when its debt to equity ratio was 3.8%.
Debt Coverage: BLTG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BLTG has no debt, therefore coverage of interest payments is not a concern.
What is Blancco Technology Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BLTG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BLTG'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 BLTG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BLTG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BLTG is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BLTG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Matt Jones (60 yo)
Mr. Matthew Craig Jones, also known as Matt, has been the Chief Executive Officer of Blancco Technology Group plc since March 28, 2018. Mr. Jones served as Chief Executive Officer at E8 Security Inc. He wa...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD649.28K) is about average for companies of similar size in the UK market ($USD619.78K).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
|CEO & Director||2.67yrs||UK£487.00k||0.22% |
|CFO & Director||2.33yrs||UK£364.00k||0.038% |
|Independent Chairman||3.67yrs||UK£95.00k||0.057% |
|Senior Independent Director||3.67yrs||UK£48.00k||0.024% |
|Independent Non-Executive Director||5.08yrs||UK£52.00k||0.038% |
|Independent Non-Executive Director||0.83yr||UK£23.00k||no data|
|Independent Non-Executive Director||5.92yrs||UK£48.00k||0.052% |
Experienced Board: BLTG's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BLTG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Blancco Technology Group plc's company bio, employee growth, exchange listings and data sources
- Name: Blancco Technology Group plc
- Ticker: BLTG
- Exchange: AIM
- Founded: 1997
- Industry: Systems Software
- Sector: Software
- Market Cap: UK£146.610m
- Shares outstanding: 73.30m
- Website: https://www.blancco.com
Number of Employees
- Blancco Technology Group plc
- Unit 6b
- Vantage Park
- PE29 6SR
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BLTG||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Mar 2005|
Blancco Technology Group plc, together with its subsidiaries, provides mobile device diagnostics and data erasure services in the United States, the United Kingdom, the Asia Pacific, and internationally. I...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 19:46|
|End of Day Share Price||2020/11/26 00:00|
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.