AIM:PEB

Stock Analysis Report

Pebble Beach Systems Group

Executive Summary

Pebble Beach Systems Group plc, a software and technology company, develops and supplies automation, channel in a box, and content management solutions for TV broadcasters, service providers, and cable and satellite operators worldwide.

Snowflake

Fundamentals

Slightly overvalued with questionable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

PEB

4.1%

GB Software

-0.4%

GB Market


1 Year Return

109.0%

PEB

6.6%

GB Software

2.9%

GB Market

Return vs Industry: PEB exceeded the UK Software industry which returned 6.6% over the past year.

Return vs Market: PEB exceeded the UK Market which returned 2.9% over the past year.


Shareholder returns

PEBIndustryMarket
7 Day0%4.1%-0.4%
30 Day-6.3%2.1%-1.4%
90 Day10.9%-9.3%-2.1%
1 Year109.0%109.0%12.7%6.6%8.0%2.9%
3 Year-56.8%-56.8%6.6%-11.0%18.0%3.6%
5 Year-83.5%-84.6%69.3%35.6%35.8%6.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Pebble Beach Systems Group undervalued compared to its fair value and its price relative to the market?

5.89x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PEB (£0.06) is trading above our estimate of fair value (£0.05)

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


Price To Earnings Ratio

PE vs Industry: PEB is good value based on its PE Ratio (5.9x) compared to the Software industry average (27.9x).

PE vs Market: PEB is good value based on its PE Ratio (5.9x) compared to the UK market (16.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PEB has negative assets, so we can't compare its PB Ratio to the GB Software industry average.


Next Steps

Future Growth

How is Pebble Beach Systems Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.8%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Pebble Beach Systems Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Pebble Beach Systems Group performed over the past 5 years?

1.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PEB's earnings have grown by 1.2% per year over the past 5 years.

Accelerating Growth: PEB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PEB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (7%).


Return on Equity

High ROE: PEB's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: PEB has a higher Return on Assets than the Software industry average last year.


Return on Capital Employed

ROCE Improving: PEB's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Pebble Beach Systems Group's financial position?


Financial Position Analysis

Short Term Liabilities: PEB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: PEB has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: PEB has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: PEB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: PEB's debt is well covered by operating cash flow (24.1%).

Interest Coverage: PEB's interest payments on its debt are well covered by EBIT (5x coverage).


Balance Sheet

Inventory Level: PEB has a low level of unsold assets or inventory.

Debt Coverage by Assets: PEB has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Next Steps

Dividend

What is Pebble Beach Systems Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.0%markettop25%5.4%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate PEB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if PEB's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: PEB is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PEB'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 Pebble Beach Systems Group's salary, the management and board of directors tenure and is there insider trading?

6.2yrs

Average management tenure


CEO

Peter Mayhead (46yo)

1.8yrs

Tenure

UK£193,199

Compensation

Mr. Peter Michael Mayhead, FCCA, MBA, has been the Chief Executive Officer and Director of Pebble Beach Systems Group plc since January 1, 2018. Mr. Mayhead has been Chief Financial Officer and Chief Opera ...


CEO Compensation Analysis

Compensation vs. Market: Peter has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the UK market.

Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.


Management Age and Tenure

6.2yrs

Average Tenure

Experienced Management: PEB's management team is seasoned and experienced (6.2 years average tenure).


Board Age and Tenure

1.8yrs

Average Tenure

65yo

Average Age

Experienced Board: PEB's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: PEB insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUK£27,92111 Sep 19
Graham Pitman
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares397,868
Max PriceUK£0.071
BuyUK£17,25011 Sep 19
Robin Howe
EntityIndividual
Role
Lead Director
Senior Independent Non-Executive Director
Shares250,000
Max PriceUK£0.069

Ownership Breakdown


Management Team

  • Simon Derry

    Chief Executive Officer of Vislink Communication Systems

    • Tenure: 0yrs
  • Egil Olsen

    Managing Director of Marine & Energy

    • Tenure: 0yrs
  • Doug Ferguson

    Managing Director of Logistics

    • Tenure: 0yrs
  • Dan McIntyre

    Managing Director of Services

    • Tenure: 0yrs
  • Henry Barczynski

    Chief Marketing Officer

    • Tenure: 8.3yrs
  • Ayes Amewudah

    Vice President of Global Sales and Marketing

    • Tenure: 6.2yrs
  • Peter Mayhead (46yo)

    Group CEO & Director

    • Tenure: 1.8yrs
    • Compensation: UK£193.20k
  • Alison Unitt

    Secretary

    • Tenure: 0yrs

Board Members

  • Graham Pitman (68yo)

    Non-Executive Director

    • Tenure: 1.5yrs
    • Compensation: UK£45.00k
  • Robin Howe (71yo)

    Senior Independent Non-Executive Director

    • Tenure: 0yrs
    • Compensation: UK£80.00k
  • John Varney (62yo)

    Non-Executive Chairman

    • Tenure: 2.7yrs
    • Compensation: UK£140.00k
  • Peter Mayhead (46yo)

    Group CEO & Director

    • Tenure: 1.8yrs
    • Compensation: UK£193.20k

Company Information

Pebble Beach Systems Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pebble Beach Systems Group plc
  • Ticker: PEB
  • Exchange: AIM
  • Founded: 1999
  • Industry: Application Software
  • Sector: Software
  • Market Cap: UK£7.927m
  • Shares outstanding: 124.35m
  • Website: https://www.pebbleplc.com

Number of Employees


Location

  • Pebble Beach Systems Group plc
  • 12 Horizon Business Village
  • 1 Brooklands Road
  • Weybridge
  • Surrey
  • KT13 0TJ
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PEBAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJan 1992

Biography

Pebble Beach Systems Group plc, a software and technology company, develops and supplies automation, channel in a box, and content management solutions for TV broadcasters, service providers, and cable and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 20:39
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.