AIM:LTG

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Learning Technologies Group

Executive Summary

Learning Technologies Group plc, together with its subsidiaries, provides a range of talent and learning solutions, content, services, and digital platforms to corporate and government clients. More Details


Snowflake Analysis

Excellent balance sheet with moderate growth potential.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: LTG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.1%

LTG

-0.8%

GB Software

-1.0%

GB Market


1 Year Return

20.0%

LTG

7.1%

GB Software

-14.8%

GB Market

Return vs Industry: LTG exceeded the UK Software industry which returned 6.4% over the past year.

Return vs Market: LTG exceeded the UK Market which returned -14.2% over the past year.


Shareholder returns

LTGIndustryMarket
7 Day1.1%-0.8%-1.0%
30 Day-14.9%-2.5%-1.6%
90 Day-2.8%3.7%-3.6%
1 Year20.7%20.0%8.5%7.1%-11.6%-14.8%
3 Year92.7%89.7%-24.1%-33.6%-8.9%-20.2%
5 Year412.9%400.0%32.2%9.4%16.2%-10.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

90.45x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: LTG (£1.2) is trading above our estimate of fair value (£0.73)

Significantly Below Fair Value: LTG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: LTG is poor value based on its PE Ratio (90.4x) compared to the GB Software industry average (33.5x).

PE vs Market: LTG is poor value based on its PE Ratio (90.4x) compared to the UK market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: LTG is poor value based on its PEG Ratio (3.7x)


Price to Book Ratio

PB vs Industry: LTG is good value based on its PB Ratio (3x) compared to the GB Software industry average (3.7x).


Next Steps

Future Growth

How is Learning Technologies Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

24.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LTG's forecast earnings growth (24.7% per year) is above the savings rate (1.2%).

Earnings vs Market: LTG's earnings (24.7% per year) are forecast to grow faster than the UK market (24.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LTG's revenue (5.4% per year) is forecast to grow slower than the UK market (6% per year).

High Growth Revenue: LTG's revenue (5.4% 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 LTG's Return on Equity is forecast to be high in 3 years time


Next Steps

  • Explore growth companies in the Software industry.

Past Performance

How has Learning Technologies Group performed over the past 5 years?

60.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LTG has high quality earnings.

Growing Profit Margin: LTG's current net profit margins (6.9%) are lower than last year (7.8%).


Past Earnings Growth Analysis

Earnings Trend: LTG's earnings have grown significantly by 60.5% per year over the past 5 years.

Accelerating Growth: LTG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LTG had negative earnings growth (-5.8%) over the past year, making it difficult to compare to the Software industry average (7.7%).


Return on Equity

High ROE: LTG's Return on Equity (3.3%) is considered low.


Next Steps

Financial Health

How is Learning Technologies Group's financial position?


Financial Position Analysis

Short Term Liabilities: LTG's short term assets (£129.2M) exceed its short term liabilities (£77.7M).

Long Term Liabilities: LTG's short term assets (£129.2M) exceed its long term liabilities (£57.6M).


Debt to Equity History and Analysis

Debt Level: LTG's debt to equity ratio (7.4%) is considered satisfactory.

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

Debt Coverage: LTG's debt is well covered by operating cash flow (217%).

Interest Coverage: LTG's interest payments on its debt are well covered by EBIT (10.4x coverage).


Balance Sheet


Next Steps

Dividend

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

0.63%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LTG's dividend (0.63%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.83%).

High Dividend: LTG's dividend (0.63%) is low compared to the top 25% of dividend payers in the UK market (5.36%).


Stability and Growth of Payments

Stable Dividend: LTG is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.

Growing Dividend: LTG 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: LTG is not paying a notable dividend for the UK market.


Future Payout to Shareholders

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

5.7yrs

Average management tenure


CEO

Jonathan Satchell (53 yo)

6.92yrs

Tenure

UK£525,000

Compensation

Mr. Jonathan Satchell has been the Chief Executive Officer and Executive Director at Learning Technologies Group plc (formerly, In-Deed Online Plc) since November 8, 2013. Mr. Satchell has been a Director ...


CEO Compensation Analysis

Compensation vs Market: Jonathan's total compensation ($USD681.77K) is below average for companies of similar size in the UK market ($USD1.14M).

Compensation vs Earnings: Jonathan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jonathan Satchell
CEO & Executive Director6.92yrsUK£525.00k10.2%
£ 90.4m
Neil Elton
CFO & Director5.92yrsUK£438.00k0.060%
£ 527.5k
Piers Lea
Chief Strategy Officer & Director6.33yrsUK£366.00k1.18%
£ 10.5m
Claire Walsh
Head of Legal & Company Secretaryno datano datano data
Tim Martin
Chief Innovation & Product Officer2.42yrsno data0.26%
£ 2.3m

5.7yrs

Average Tenure

53yo

Average Age

Experienced Management: LTG's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jonathan Satchell
CEO & Executive Director6.92yrsUK£525.00k10.2%
£ 90.4m
Neil Elton
CFO & Director5.92yrsUK£438.00k0.060%
£ 527.5k
Piers Lea
Chief Strategy Officer & Director6.33yrsUK£366.00k1.18%
£ 10.5m
Leslie-Ann Reed
Independent Non-Executive Director6.33yrsUK£50.00k0.66%
£ 5.8m
Andrew Brode
Non-Executive Chairman6.92yrsno data15.86%
£ 140.5m
Simon Boddie
Non-Executive Directorno datano datano data
Aimie Chapple
Independent Non-Executive Director2.08yrsUK£52.00kno data

6.3yrs

Average Tenure

59.5yo

Average Age

Experienced Board: LTG's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Learning Technologies Group plc
  • Ticker: LTG
  • Exchange: AIM
  • Founded: 1986
  • Industry: Application Software
  • Sector: Software
  • Market Cap: UK£885.884m
  • Shares outstanding: 738.24m
  • Website: https://www.ltgplc.com

Number of Employees


Location

  • Learning Technologies Group plc
  • 15 Fetter Lane
  • London
  • Greater London
  • EC4A 1BW
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LTGAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPNov 2013
LTTH.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2013
LTGDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2013

Biography

Learning Technologies Group plc, together with its subsidiaries, provides a range of talent and learning solutions, content, services, and digital platforms to corporate and government clients. It operates ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 21:50
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.