GB Group
Market Cap
UK£1.0b
Last Updated
2019/10/23 20:38 UTC
Data Sources
Company Financials +
Executive Summary
GB Group plc, together with its subsidiaries, provides identity data intelligence services in the United Kingdom, the United States, Australia, and internationally.
Snowflake
Fundamentals
Reasonable growth potential with adequate balance sheet.
Share Price & News
How has GB Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.9%
GBG
-0.5%
GB Software
0.08%
GB Market
1 Year Return
3.3%
GBG
9.6%
GB Software
3.5%
GB Market
Return vs Industry: GBG underperformed the UK Software industry which returned 9.6% over the past year.
Return vs Market: GBG matched the UK Market which returned 3.5% over the past year.
Shareholder returns
| GBG | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.9% | -0.5% | 0.08% |
| 30 Day | -5.2% | 1.2% | -1.3% |
| 90 Day | -11.4% | -10.2% | -2.2% |
| 1 Year | 3.9%3.3% | 16.0%9.6% | 9.0%3.5% |
| 3 Year | 110.3%106.9% | 2.8%-13.8% | 18.1%3.1% |
| 5 Year | 272.8%261.0% | 66.7%34.0% | 36.2%5.3% |
Price Volatility Vs. Market
How volatile is GB Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is GB Group plc's (LON:GBG) CEO Salary Justified?2 weeks ago | Simply Wall St
Was GB Group plc's (LON:GBG) Earnings Growth Better Than The Industry's?1 month ago | Simply Wall St
Should You Be Worried About GB Group plc's (LON:GBG) 3.8% Return On Equity?Valuation
Is GB Group undervalued compared to its fair value and its price relative to the market?
68.54x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GBG (£5.27) is trading above our estimate of fair value (£2.97)
Significantly Below Fair Value: GBG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GBG is poor value based on its PE Ratio (68.5x) compared to the Software industry average (27.5x).
PE vs Market: GBG is poor value based on its PE Ratio (68.5x) compared to the UK market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: GBG is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: GBG is good value based on its PB Ratio (3.2x) compared to the GB Software industry average (3.3x).
Next Steps
Future Growth
How is GB Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
23.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GBG's forecast earnings growth (23.3% per year) is above the savings rate (1.2%).
Earnings vs Market: GBG's earnings (23.3% per year) are forecast to grow faster than the UK market (12.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GBG's revenue (14% per year) is forecast to grow faster than the UK market (4% per year).
High Growth Revenue: GBG's revenue (14% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GBG's Return on Equity is forecast to be low in 3 years time (10.5%).
Next Steps
Past Performance
How has GB Group performed over the past 5 years?
22.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: GBG's earnings have grown significantly by 22.3% per year over the past 5 years.
Accelerating Growth: GBG's earnings growth over the past year (14.1%) is below its 5-year average (22.3% per year).
Earnings vs Industry: GBG earnings growth over the past year (14.1%) exceeded the Software industry 7%.
Return on Equity
High ROE: GBG's Return on Equity (3.8%) is considered low.
Return on Assets
ROA vs Industry: GBG's Return on Assets is below or equal to the Software industry average last year.
Return on Capital Employed
ROCE Improving: GBG's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is GB Group's financial position?
Financial Position Analysis
Short Term Liabilities: GBG's short term assets (£76.4M) exceeds its short term liabilities (£71.8M)
Long Term Liabilities: GBG's short term assets (76.4M) do not cover its long term liabilities (116.7M)
Debt to Equity History and Analysis
Debt Level: GBG's debt to equity ratio (27%) is considered satisfactory
Reducing Debt: GBG's debt to equity ratio has increased from 0.2% to 27% over the past 5 years.
Debt Coverage: GBG's debt is well covered by operating cash flow (28.6%).
Interest Coverage: GBG earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: GBG has a low level of unsold assets or inventory.
Debt Coverage by Assets: GBG's debt is not covered by short term assets (assets are 0.9x debt).
Next Steps
Dividend
What is GB Group's current dividend yield, its reliability and sustainability?
0.57%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: GBG's dividend (0.57%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.98%).
High Dividend: GBG's dividend (0.57%) is low compared to the top 25% of dividend payers in the UK market (5.37%).
Stable Dividend: GBG is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.
Growing Dividend: GBG is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: GBG is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GBG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
What is the CEO of GB Group's salary, the management and board of directors tenure and is there insider trading?
7.2yrs
Average management tenure
CEO
Chris Clark (50yo)
2.5yrs
Tenure
UK£1,197,000
Compensation
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 unti ...
CEO Compensation Analysis
Compensation vs. Market: Chris's total compensation ($USD1.54M) is about average for companies of similar size in the UK market ($USD1.82M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Management Age and Tenure
7.2yrs
Average Tenure
53yo
Average Age
Experienced Management: GBG's management team is seasoned and experienced (7.2 years average tenure).
Board Age and Tenure
4.1yrs
Average Tenure
55.5yo
Average Age
Experienced Board: GBG's board of directors are considered experienced (4.1 years average tenure).
Insider Trading
Insider Buying: GBG insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Group MD & Executive Director |
| Shares | 32,521 |
| Max Price | UK£5.56 |
| Entity | Individual |
| Role | Member of the Board of Directors CFO, COO & Executive Director |
| Shares | 129,603 |
| Max Price | UK£6.02 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Executive Director |
| Shares | 54,626 |
| Max Price | UK£5.18 |
| Entity | Individual |
| Role | Member of the Board of Directors CFO, COO & Executive Director |
| Shares | 33,185 |
| Max Price | UK£5.40 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 12,195 |
| Max Price | UK£4.10 |
| Entity | Individual |
| Role | Chairman of the Board Independent Chairman |
| Shares | 48,780 |
| Max Price | UK£4.10 |
| Entity | Individual |
| Role | Member of the Board of Directors CFO, COO & Executive Director |
| Shares | 37,972 |
| Max Price | UK£4.10 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Executive Director |
| Shares | 39,024 |
| Max Price | UK£4.10 |
| Entity | Individual |
| Role | Member of the Board of Directors Group MD & Executive Director |
| Shares | 37,971 |
| Max Price | UK£4.10 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 9,756 |
| Max Price | UK£4.10 |
Ownership Breakdown
Management Team
John-Henri Constantin (53yo)
Group Company Secretary & General Counsel
- Tenure: 17.8yrs
Dave Wilson (57yo)
CFO, COO & Executive Director
- Tenure: 10yrs
- Compensation: UK£694.00k
Chris Clark (50yo)
CEO & Executive Director
- Tenure: 2.5yrs
- Compensation: UK£1.20m
Nick Brown (58yo)
Group MD & Executive Director
- Tenure: 2.5yrs
- Compensation: UK£692.00k
Tony Stansfield
Chief Technology Officer
- Tenure: 7.2yrs
Mark Mamone (50yo)
Group Chief Information Officer
- Tenure: 0yrs
David Green
Managing Director of Loqate
- Tenure: 4.5yrs
Gus Tomlinson
Head of Strategy and Data
- Tenure: 1.5yrs
Justin Duling
Senior Vice President and Commercial Director for GBG Loqate
- Tenure: 0yrs
Tyler Brock
Vice President of Sales
- Tenure: 0yrs
Board Members
Liz Catchpole (54yo)
Independent Non-Executive Director
- Tenure: 2.1yrs
- Compensation: UK£59.00k
David Rasche (69yo)
Independent Chairman
- Tenure: 8.9yrs
- Compensation: UK£135.00k
Dave Wilson (57yo)
CFO, COO & Executive Director
- Tenure: 10yrs
- Compensation: UK£694.00k
Chris Clark (50yo)
CEO & Executive Director
- Tenure: 2.5yrs
- Compensation: UK£1.20m
Charmaine Carmichael (48yo)
Non-Executive Director
- Tenure: 5.8yrs
- Compensation: UK£51.00k
Nick Brown (58yo)
Group MD & Executive Director
- Tenure: 2.5yrs
- Compensation: UK£692.00k
Company Information
GB Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: GB Group plc
- Ticker: GBG
- Exchange: AIM
- Founded: 1989
- Industry: Application Software
- Sector: Software
- Market Cap: UK£1.022b
- Shares outstanding: 193.85m
- Website: https://www.gbgplc.com
Number of Employees
Location
- GB Group plc
- The Foundation
- Herons Way
- Chester
- Cheshire
- CH4 9GB
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GBG | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Jun 1993 |
| 0GB | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 1993 |
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 20:38 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2019/03/31 |
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.