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Market Cap

UK£76.9m

Last Updated

2021/05/16 20:28 UTC

Data Sources

Company Financials +

Executive Summary

Equals Group plc, through its subsidiaries, primarily provides foreign exchange payment services and banking services to private clients and corporations through prepaid currency cards, travel cash, international money transfers, and current accounts in the United Kingdom. More Details

Rewards

Earnings are forecast to grow 131.79% per year

Risk Analysis

No risks detected for EQLS from our risk checks.


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Equals Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EQLS is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: EQLS's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-7.5%

EQLS

-3.2%

GB IT

-1.2%

GB Market


1 Year Return

72.0%

EQLS

51.6%

GB IT

27.6%

GB Market

Return vs Industry: EQLS exceeded the UK IT industry which returned 51.6% over the past year.

Return vs Market: EQLS exceeded the UK Market which returned 27.6% over the past year.


Shareholder returns

EQLSIndustryMarket
7 Day-7.5%-3.2%-1.2%
30 Day-1.1%-6.8%0.6%
90 Day24.6%7.0%5.3%
1 Year72.0%72.0%54.3%51.6%33.1%27.6%
3 Year-56.3%-56.3%70.1%61.4%11.1%-1.6%
5 Year32.3%32.3%180.0%152.8%48.7%20.7%

Long-Term Price Volatility Vs. Market

How volatile is Equals Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Equals Group undervalued compared to its fair value and its price relative to the market?

1.81x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EQLS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EQLS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EQLS is unprofitable, so we can't compare its PE Ratio to the UK IT industry average.

PE vs Market: EQLS is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EQLS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EQLS is good value based on its PB Ratio (1.8x) compared to the GB IT industry average (4.6x).


Future Growth

How is Equals Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

131.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EQLS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: EQLS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EQLS's is expected to become profitable in the next 3 years.

Revenue vs Market: EQLS's revenue (13.6% per year) is forecast to grow faster than the UK market (5.3% per year).

High Growth Revenue: EQLS's revenue (13.6% 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 EQLS's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Equals Group performed over the past 5 years?

-31.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EQLS is currently unprofitable.

Growing Profit Margin: EQLS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EQLS is unprofitable, and losses have increased over the past 5 years at a rate of 31.7% per year.

Accelerating Growth: Unable to compare EQLS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EQLS is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (6.1%).


Return on Equity

High ROE: EQLS has a negative Return on Equity (-16.27%), as it is currently unprofitable.


Financial Health

How is Equals Group's financial position?


Financial Position Analysis

Short Term Liabilities: EQLS's short term assets (£24.2M) exceed its short term liabilities (£16.1M).

Long Term Liabilities: EQLS's short term assets (£24.2M) exceed its long term liabilities (£11.2M).


Debt to Equity History and Analysis

Debt Level: EQLS's debt to equity ratio (4.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if EQLS's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: EQLS has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: EQLS has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 24.5% each year.


Dividend

What is Equals Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

0.9yrs

Average board tenure


CEO

Ian Alexander Strafford-Taylor (59 yo)

9.33yrs

Tenure

UK£545,563

Compensation

Mr. Ian Alexander Irving Strafford-Taylor serves as the Chief Executive Officer of Equals Group plc (formerly known as FairFX Group Plc) and served as its Company Secretary. Mr. Strafford-Taylor serves as ...


CEO Compensation Analysis

Compensation vs Market: Ian Alexander's total compensation ($USD768.77K) is above average for companies of similar size in the UK market ($USD338.89K).

Compensation vs Earnings: Ian Alexander's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: EQLS's board of directors are not considered experienced ( 0.9 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: EQLS 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

Equals Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Equals Group plc
  • Ticker: EQLS
  • Exchange: AIM
  • Founded: 2014
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: UK£76.859m
  • Shares outstanding: 178.74m
  • Website: https://www.equalsplc.com

Number of Employees


Location

  • Equals Group plc
  • Thames House
  • 3rd Floor
  • London
  • Greater London
  • EC4V 3BJ
  • United Kingdom

Listings


Biography

Equals Group plc, through its subsidiaries, primarily provides foreign exchange payment services and banking services to private clients and corporations through prepaid currency cards, travel cash, intern...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 20:28
End of Day Share Price2021/05/14 00:00
Earnings2020/12/31
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.