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GB Group

AIM:GBG
Snowflake Description

Excellent balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GBG
AIM
£714M
Market Cap
  1. Home
  2. GB
  3. Software
Company description

GB Group plc, together with its subsidiaries, provides identity data intelligence services in the United Kingdom, the United States, Australia, and internationally. The last earnings update was 56 days ago. More info.


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GBG Share Price and Events
7 Day Returns
0.8%
AIM:GBG
1.7%
GB Software
1.3%
GB Market
1 Year Returns
13.7%
AIM:GBG
-27.1%
GB Software
-9.8%
GB Market
GBG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GB Group (GBG) 0.8% 7.4% -8.5% 13.7% 94.4% 227.4%
GB Software 1.7% 8.1% 4.1% -27.1% 13.7% 49.3%
GB Market 1.3% 4.1% 0.3% -9.8% 14.2% -4.1%
1 Year Return vs Industry and Market
  • GBG outperformed the Software industry which returned -27.1% over the past year.
  • GBG outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -9.8% over the past year.
Price Volatility
GBG
Industry
5yr Volatility vs Market

Value

 Is GB Group 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 GB Group 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 GB Group.

AIM:GBG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
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 AIM:GBG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 8.8%
Software Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.045 (1 + (1- 19%) (1.24%))
1.056
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.056 * 8.77%)
10.49%

Discounted Cash Flow Calculation for AIM:GBG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for GB Group 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.

AIM:GBG DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (GBP, Millions) 21.18 25.48 28.59 35.04 39.87
Source Analyst x4 Analyst x6 Analyst x5 Analyst x2 Analyst x2
Present Value
Discounted (@ 10.49%)
19.16 20.87 21.19 23.51 24.21
Present value of next 5 years cash flows £108.96
AIM:GBG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= £39.87 × (1 + 1.23%) ÷ (10.49% – 1.23%)
£435.74
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= £435.74 ÷ (1 + 10.49%)5
£264.61
AIM:GBG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= £108.96 + £264.61
£373.57
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £373.57 / 153.29
£2.44
AIM:GBG Discount to Share Price
Calculation Result
Value per share (GBP) From above. £2.44
Current discount Discount to share price of £4.67
= -1 x (£4.67 - £2.44) / £2.44
-91.4%

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

  • The current share price of GB Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 GB Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are GB Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:GBG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in GBP £0.07
AIM:GBG Share Price ** AIM (2019-01-22) in GBP £4.67
United Kingdom of Great Britain and Northern Ireland Software Industry PE Ratio Median Figure of 31 Publicly-Listed Software Companies 23.44x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 815 Publicly-Listed Companies 15.68x

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

** Primary Listing of GB Group.

AIM:GBG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:GBG Share Price ÷ EPS (both in GBP)

= 4.67 ÷ 0.07

69.54x

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

  • GB Group is overvalued based on earnings compared to the GB Software industry average.
  • GB Group is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does GB Group's expected growth come at a high price?
Raw Data
AIM:GBG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 69.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
27.5%per year
United Kingdom of Great Britain and Northern Ireland Software Industry PEG Ratio Median Figure of 21 Publicly-Listed Software Companies 1.04x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 574 Publicly-Listed Companies 1.28x

*Line of best fit is calculated by linear regression .

AIM:GBG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 69.54x ÷ 27.5%

2.53x

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

  • GB Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on GB Group's assets?
Raw Data
AIM:GBG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in GBP £1.03
AIM:GBG Share Price * AIM (2019-01-22) in GBP £4.67
United Kingdom of Great Britain and Northern Ireland Software Industry PB Ratio Median Figure of 69 Publicly-Listed Software Companies 2.63x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,361 Publicly-Listed Companies 1.5x
AIM:GBG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:GBG Share Price ÷ Book Value per Share (both in GBP)

= 4.67 ÷ 1.03

4.52x

* Primary Listing of GB Group.

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

  • GB Group is overvalued based on assets compared to the GB Software industry average.
X
Value checks
We assess GB Group'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 Software 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 Software industry average (and greater than 0)? (1 check)
  5. GB Group has a total score of 0/6, 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.

Future Performance

 How is GB Group expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

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
27.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GB Group expected to grow at an attractive rate?
  • GB Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • GB Group's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • GB Group's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:GBG Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:GBG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 27.5%
AIM:GBG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 12.2%
United Kingdom of Great Britain and Northern Ireland Software Industry Earnings Growth Rate Market Cap Weighted Average 14.8%
United Kingdom of Great Britain and Northern Ireland Software Industry Revenue Growth Rate Market Cap Weighted Average 6.7%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11.3%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.8%

*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
AIM:GBG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:GBG Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-03-31 221 46 33 2
2022-03-31 196 40 28 3
2021-03-31 176 34 20 5
2020-03-31 160 31 16 8
2019-03-31 136 28 10 8
AIM:GBG Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-09-30 124 28 10
2018-06-30 122 28 10
2018-03-31 120 28 11
2017-12-31 111 24 11
2017-09-30 103 20 12
2017-06-30 95 17 11
2017-03-31 87 14 11
2016-12-31 83 13 9
2016-09-30 79 11 8
2016-06-30 76 12 9
2016-03-31 73 13 9
2015-12-31 70 13 7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • GB Group's earnings are expected to grow significantly at over 20% yearly.
  • GB Group's revenue is expected to grow by 12.2% 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
AIM:GBG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from GB Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:GBG Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-03-31 0.21 0.21 0.21 1.00
2022-03-31 0.18 0.18 0.18 1.00
2021-03-31 0.12 0.15 0.09 3.00
2020-03-31 0.10 0.12 0.08 4.00
2019-03-31 0.06 0.06 0.06 3.00
AIM:GBG Past Financials Data
Date (Data in GBP Millions) EPS *
2018-09-30 0.07
2018-06-30 0.07
2018-03-31 0.07
2017-12-31 0.08
2017-09-30 0.08
2017-06-30 0.08
2017-03-31 0.08
2016-12-31 0.07
2016-09-30 0.06
2016-06-30 0.07
2016-03-31 0.07
2015-12-31 0.06

*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.
  • GB Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess GB Group'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
GB Group has a total score of 4/6, 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.

Past Performance

  How has GB Group 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 GB Group's growth in the last year to its industry (Software).
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.
  • GB Group has delivered over 20% year on year earnings growth in the past 5 years.
  • GB Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • GB Group's 1-year earnings growth is negative, it can't be compared to the GB Software industry average.
Earnings and Revenue History
GB Group'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 GB Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:GBG Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 124.36 10.24 72.15
2018-06-30 122.03 10.45 70.41
2018-03-31 119.70 10.65 68.67
2017-12-31 111.15 11.30 63.75
2017-09-30 102.60 11.95 58.83
2017-06-30 95.04 11.35 55.00
2017-03-31 87.49 10.75 51.17
2016-12-31 83.02 9.43 49.31
2016-09-30 78.55 8.11 47.44
2016-06-30 75.97 8.63 45.58
2016-03-31 73.40 9.14 43.73
2015-12-31 69.91 7.24 41.14
2015-09-30 66.42 5.35 38.56
2015-06-30 61.85 5.08 34.80
2015-03-31 57.28 4.80 31.05
2014-12-31 52.11 4.42 27.88
2014-09-30 46.93 4.03 24.70
2014-06-30 44.38 3.77 22.85
2014-03-31 41.84 3.52 20.99
2013-12-31 40.84 4.23 19.79
2013-09-30 39.84 4.94 18.59
2013-06-30 39.63 4.64 18.17
2013-03-31 39.42 4.34 17.75
2012-12-31 38.33 3.91 17.29
2012-09-30 37.23 3.48 16.83
2012-06-30 34.53 3.54 15.30
2012-03-31 31.83 3.60 13.77

*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.
  • GB Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • GB Group used its assets less efficiently than the GB Software industry average last year based on Return on Assets.
  • GB Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess GB Group'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 Software 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.
GB Group has a total score of 1/6, 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.

Health

 How is GB Group'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 GB Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • GB Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • GB Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of GB Group'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 6.7x 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 GB Group Company Filings, last reported 3 months ago.

AIM:GBG Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 157.76 8.87 27.51
2018-06-30 157.76 8.87 27.51
2018-03-31 157.75 9.25 22.75
2017-12-31 157.75 9.25 22.75
2017-09-30 149.15 13.82 17.92
2017-06-30 149.15 13.82 17.92
2017-03-31 94.18 12.39 17.62
2016-12-31 94.18 12.39 17.62
2016-09-30 82.76 15.70 11.65
2016-06-30 82.76 15.70 11.65
2016-03-31 56.40 3.74 12.42
2015-12-31 56.40 3.74 12.42
2015-09-30 46.22 3.63 4.81
2015-06-30 46.22 3.63 4.81
2015-03-31 46.13 4.39 15.78
2014-12-31 46.13 4.39 15.78
2014-09-30 42.21 5.01 13.60
2014-06-30 42.21 5.01 13.60
2014-03-31 30.83 0.00 11.85
2013-12-31 30.83 0.00 11.85
2013-09-30 27.88 0.00 5.96
2013-06-30 27.88 0.00 5.96
2013-03-31 27.62 0.00 6.31
2012-12-31 27.62 0.00 6.31
2012-09-30 23.33 0.00 5.82
2012-06-30 23.33 0.00 5.82
2012-03-31 23.87 0.00 4.76
  • GB Group's level of debt (5.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 5.6% today).
  • Debt is well covered by operating cash flow (313.1%, greater than 20% of total debt).
  • GB Group earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess GB Group'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. GB Group has a total score of 5/6, 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.

Dividends

 What is GB Group'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
0.57%
Current annual income from GB Group dividends. Estimated to be 0.73% next year.
If you bought £2,000 of GB Group shares you are expected to receive £11 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?
  • GB Group's pays a lower dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.96%).
  • GB Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.28%).
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
AIM:GBG 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 8 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Software Industry Average Dividend Yield Market Cap Weighted Average of 27 Stocks 2.5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 710 Stocks 4.3%
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.

AIM:GBG Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2023-03-31 0.05 1.00
2022-03-31 0.04 2.00
2021-03-31 0.04 7.00
2020-03-31 0.03 8.00
2019-03-31 0.03 8.00
AIM:GBG Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-06-08 0.027 0.505
2018-06-05 0.027 0.497
2017-06-06 0.024 0.580
2016-06-24 0.021 0.703
2016-06-08 0.021 0.713
2015-06-01 0.019 0.743
2014-08-12 0.017 1.038
2013-06-03 0.015 1.173
2012-05-30 0.014 1.552
2012-05-29 0.014 2.033
2011-07-07 0.013 2.587
2011-06-08 0.013 3.122
2010-05-26 0.012 3.777
2009-06-02 0.012 5.183
2009-03-31 0.012 5.654
2009-01-23 0.010 5.339

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

  • GB Group is not paying a notable dividend for United Kingdom of Great Britain and Northern Ireland, therefore no need to check if the payments are stable.
  • GB Group is not paying a notable dividend for United Kingdom of Great Britain and Northern Ireland, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of GB Group's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of GB Group's dividends as it is not paying a notable one for United Kingdom of Great Britain and Northern Ireland.
Future Payout to shareholders
  • No need to calculate the sustainability of GB Group's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
X
Income/ dividend checks
We assess GB Group'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 GB Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. GB Group has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of GB Group'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
Chris Clark
COMPENSATION £1,105,000
AGE 49
TENURE AS CEO 1.8 years
CEO Bio

Mr. Christopher Graham Clark, also known as Chris, has been the Chief Executive Officer of GB Group plc since April 1, 2017. Mr. Clark served as Managing Director of UK, Ireland & EMEA at Experian plc until November 2016. Mr. Clark served as Managing Director of Experian Uk and Ireland & EMEA, Credit Services at Experian plc. He served as the Managing Director of EMEA & Global Technology Services at Experian plc. He served as Managing Director of EMEA at Experian plc since joining in January 2012 and was responsible for BT Retail’s fastest growing business. Mr. Clark served as the Managing Director at BT Enterprises, a subsidiary of BT Group plc. He held overall responsibility for BT’s London 2012 Olympic activities. Mr. Clark is a highly experienced, successful and well-regarded business leader who, since early 2012, has gained experience in similar markets. He has over 20 years experience from BT where he held numerous international executive positions, operating across multiple market sectors and regions. He has extensive international experience, having worked in the US and Europe in a number of key executive positions. Mr. Clark served as the Chief Executive Officer of BT Communications Ireland Limited (BT Ireland) from July 1, 2007 to May 2010 and played an instrumental role in its rapid growth. He ran several large and small technology businesses varying from 30 to 3,000 people during his 20 years at BT. He joined BT from university and was identified early in his account management career as a rising star, benefitting from their excellent management and senior executive programmes. He has significant international experience. He served in a wide range of senior management positions within BT Communications since 1991. He has been a Director at GB Group plc since April 2017. He served as Director of Business Transformation at BT Retail, where he was responsible for a 2 year transformation program radically changing how BT Retail operates. He served as the Chief Executive Officer of Converged Mobility Operations, leading the commercial and operational performance across BT’s mobility division. Mr. Clark educated at Plymouth University in the UK and holds an Honours Degree in Geography.

CEO Compensation
  • Insufficient data for Chris to compare compensation growth.
  • Chris's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the GB Group management team in years:

6.4
Average Tenure
54
Average Age
  • The average tenure for the GB Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Chris Clark

TITLE
CEO & Executive Director
COMPENSATION
£1M
AGE
49
TENURE
1.8 yrs

Dave Wilson

TITLE
CFO, COO & Executive Director
COMPENSATION
£662K
AGE
56
TENURE
8.3 yrs

Nick Brown

TITLE
Group MD & Executive Director
COMPENSATION
£664K
AGE
57
TENURE
13 yrs

Tony Stansfield

TITLE
Chief Technology Officer
TENURE
6.4 yrs

Mike Cook

TITLE
Chief Information Officer

John-Henri Constantin

TITLE
General Counsel & Company Secretary
AGE
52
TENURE
17 yrs

Tyler Brock

TITLE
Vice President of Sales

David Green

TITLE
Managing Director of Loqate
TENURE
3.8 yrs

Gus Tomlinson

TITLE
Head of Strategy and Data
TENURE
0.8 yrs

Justin Duling

TITLE
Senior Vice President and Commercial Director for GBG Loqate
Board of Directors Tenure

Average tenure and age of the GB Group board of directors in years:

3.4
Average Tenure
54.5
Average Age
  • The tenure for the GB Group board of directors is about average.
Board of Directors

David Rasche

TITLE
Chairman
COMPENSATION
£128K
AGE
68
TENURE
8.2 yrs

Chris Clark

TITLE
CEO & Executive Director
COMPENSATION
£1M
AGE
49
TENURE
1.8 yrs

Dave Wilson

TITLE
CFO, COO & Executive Director
COMPENSATION
£662K
AGE
56
TENURE
9.3 yrs

Nick Brown

TITLE
Group MD & Executive Director
COMPENSATION
£664K
AGE
57
TENURE
1.8 yrs

Charmaine Eggberry

TITLE
Non-Executive Director
COMPENSATION
£49K
AGE
47
TENURE
5 yrs

Liz Catchpole

TITLE
Independent Non-Executive Director
COMPENSATION
£31K
AGE
53
TENURE
1.3 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 (£)
06. Mar 18 Sell Nicolas Brown Individual 02. Mar 18 05. Mar 18 -138,560 £4.18 £-575,007
X
Management checks
We assess GB Group'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. GB Group 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.

News

Simply Wall St News

Read This Before Judging GB Group plc's (LON:GBG) ROE

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … By way of learning-by-doing, we'll look at ROE to gain a better understanding of GB Group plc (LON:GBG). … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

GB Group plc (LON:GBG): Poised For Long Term Success?

In September 2018, GB Group plc (LON:GBG) released its earnings update. … the consensus outlook from analysts appear fairly confident, … the past 5-year average growth rate of 24%

Simply Wall St -

GB Group plc (LON:GBG) Investors Are Paying Above The Intrinsic Value

Today, I will calculate the stock's intrinsic value. … by estimating the company's future cash flows and discounting them to their present value. … If you are reading this and its not December 2018 then I highly recommend you check out the latest calculation for GB Group by following the link below

Simply Wall St -

Does The GB Group plc (LON:GBG) Share Price Fall With The Market?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Should We Worry About GB Group plc's (LON:GBG) P/E Ratio?

To keep it practical, we'll show how GB Group plc's (LON:GBG) P/E ratio could help you assess the value on offer. … GB Group has a price to earnings ratio of 68.25, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Should You Investigate GB Group plc (LON:GBG) At UK£5.18?

saw significant share price volatility over the past couple of months on the AIM, rising to the highs of £6.26 and falling to the lows of £4.84. … A question to answer is whether GB Group's current trading price of £5.18 reflective of the actual value of the? … Let’s take a look at GB Group’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

What Should Investors Know About GB Group plc's (LON:GBG) Return On Capital?

This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … To understand GB Group’s capital returns we will look at a useful metric called return on capital employed. … Calculating Return On Capital Employed for GBG

Simply Wall St -

How Much Money Does GB Group plc (LON:GBG) Make?

I’ve analysed below, the health and outlook of GB Group’s cash flow, which will help you understand the stock from a cash standpoint. … Free cash flow (FCF) is the amount of cash GB Group has left after it pays off its expenses, including its net capital expenditures, which is what the company needs to spend each year to maintain or grow its business operations. … I will be analysing GB Group’s FCF by looking at its FCF yield and its operating cash flow growth.

Simply Wall St -

Will GB Group plc (LON:GBG) Continue To Underperform Its Industry?

and want to learn about Return on Equity using a real-life example. … GB Group plc’s (LON:GBG) most recent return on equity was a substandard 6.75% relative to its industry performance of 11.55% over the past year. … Knowing these components could change your view on GBG’s performance.

Simply Wall St -

Will GB Group plc's (LON:GBG) Earnings Grow Over The Next Few Years?

In March 2018, GB Group plc (LON:GBG) released its latest earnings announcement, whicha … indicated … business

Simply Wall St -

Company Info

Map
Description

GB Group plc, together with its subsidiaries, provides identity data intelligence services in the United Kingdom, the United States, Australia, and internationally. It operates in two segments, Fraud, Risk & Compliance and Customer & Location Intelligence. The company offers ID verification services, which helps in verifying identities remotely without the physical presentation of documentation for combat ID fraud, money laundering, and restricting access to under-age content, purchases, and gambling; and ID employ and comply that provides background checks through an online verification and authentication of individuals. It also offers ID compliance and fraud solutions that provides fraud detection, risk management, and consumer on-boarding solutions; ID location intelligence, which includes software and services for accurate consumer registration and validation of records; and ID engage that provides database and up-to-date identity information for contact strategies. In addition, the company offers an ID trace and investigate solution that provides picture of the UK's population and properties in order to locate and contact the right individual. GB Group plc was incorporated in 1989 and is headquartered in Chester, the United Kingdom.

Details
Name: GB Group plc
GBG
Exchange: AIM
Founded: 1989
£714,339,387
153,291,714
Website: http://www.gbgplc.com
Address: GB Group plc
The Foundation,
Herons Way,
Chester,
Cheshire, CH4 9GB,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM GBG Ordinary Shares London Stock Exchange AIM Market GB GBP 01. Jun 1993
DB 0GB Ordinary Shares Deutsche Boerse AG DE EUR 01. Jun 1993
Number of employees
Current staff
Staff numbers
800
GB Group employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/22 20:42
End of day share price update: 2019/01/22 00:00
Last estimates confirmation: 2019/01/20
Last earnings filing: 2018/11/27
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


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.