AIM:SOG

Stock Analysis Report

Executive Summary

StatPro Group plc develops, markets, and distributes software, data solutions, and related professional services to the asset management industry in the United Kingdom and internationally.


Snowflake Analysis

Reasonable growth potential second-rate dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

SOG

6.7%

GB Software

6.0%

GB Market


1 Year Return

92.4%

SOG

-18.9%

GB Software

-22.7%

GB Market

Return vs Industry: SOG exceeded the UK Software industry which returned 24.8% over the past year.

Return vs Market: SOG exceeded the UK Market which returned 12.7% over the past year.


Shareholder returns

SOGIndustryMarket
7 Day0%6.7%6.0%
30 Day0.4%-18.1%-20.3%
90 Day54.6%-24.1%-28.1%
1 Year96.1%92.4%-13.6%-18.9%-18.6%-22.7%
3 Year115.9%103.6%-13.0%-26.9%-13.4%-24.6%
5 Year258.9%214.5%16.9%-4.2%1.3%-22.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

5.76x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SOG (£2.28) is trading above our estimate of fair value (£1.24)

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


Price To Earnings Ratio

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

PE vs Market: SOG 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 SOG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SOG is overvalued based on its PB Ratio (5.8x) compared to the GB Software industry average (3.5x).


Next Steps

Future Growth

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

78.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SOG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

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

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

Revenue vs Market: SOG's revenue (6.1% per year) is forecast to grow faster than the UK market (3.6% per year).

High Growth Revenue: SOG's revenue (6.1% 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 SOG's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has StatPro Group performed over the past 5 years?

-30.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SOG is currently unprofitable.

Growing Profit Margin: SOG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SOG is unprofitable, and losses have increased over the past 5 years at a rate of -30.3% per year.

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

Earnings vs Industry: SOG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (7%).


Return on Equity

High ROE: SOG has a negative Return on Equity (-5.23%), as it is currently unprofitable.


Next Steps

Financial Health

How is StatPro Group's financial position?


Financial Position Analysis

Short Term Liabilities: SOG's short term assets (£20.9M) do not cover its short term liabilities (£35.6M).

Long Term Liabilities: SOG's short term assets (£20.9M) do not cover its long term liabilities (£33.3M).


Debt to Equity History and Analysis

Debt Level: SOG's debt to equity ratio (107.8%) is considered high.

Reducing Debt: SOG's debt to equity ratio has increased from 0.03% to 107.8% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: SOG's debt is not covered by short term assets (assets are 0.7x debt).


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: Whilst unprofitable SOG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SOG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46% per year.


Next Steps

Dividend

What is StatPro Group's current dividend yield, its reliability and sustainability?

1.27%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SOG's dividend (1.27%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.83%).

High Dividend: SOG's dividend (1.27%) is low compared to the top 25% of dividend payers in the UK market (4.95%).


Stability and Growth of Payments

Stable Dividend: SOG's dividends per share have been stable in the past 10 years.

Growing Dividend: SOG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: SOG is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: SOG's dividends in 3 years are forecast to be well covered by earnings (27.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.8yrs

Average management tenure


CEO

Justin M. B. Wheatley (54yo)

no data

Tenure

UK£554,000

Compensation

Mr. Justin M. B. T. Wheatley founded StatPro Group plc in 1994 and serves as its Chief Executive Officer. Mr. Wheatley has been an Executive Director of StatPro Group plc since May 2000. He served as a Mem ...


CEO Compensation Analysis

Compensation vs Market: Justin M. B.'s total compensation ($USD713.90K) is about average for companies of similar size in the UK market ($USD596.47K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Justin M. B. Wheatley
Founderno dataUK£554.00k9.81% £15.6m
Andrew Fabian
CFO, Group Finance Director & Executive Directorno dataUK£244.00k0.45% £717.4k
Michel Lempicki
Benelux Sales Director & Member of Group Executive Boardno datano datano data
Dario Cintioli
CEO of Revolution & Member of Group Executive Board8.75yrsno datano data
Marc Zandt
Revolution Business Director & Member of Group Executive Board0.75yrno datano data
Craig Arenhold
CEO of Infovest division & Member of Group Executive Boardno datano datano data
Nico Coetzee
North American Sales Director & Member of Group Executive Boardno datano datano data
Luca Bortolami
Development and Service Delivery Director & Member of Group Executive Boardno datano datano data
Gordon Bloor
CEO of Source Division & Member of Group Executive Boardno datano datano data
Clinton Moseley
Operations Directorno datano datano data

8.8yrs

Average Tenure

Experienced Management: SOG's management team is seasoned and experienced (8.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Justin M. B. Wheatley
Founderno dataUK£554.00k9.81% £15.6m
Andrew Fabian
CFO, Group Finance Director & Executive Directorno dataUK£244.00k0.45% £717.4k
David Courtley
Non Executive Director3.42yrsUK£40.00k0.043% £67.5k
Jane Tozer
Senior Independent Directorno dataUK£40.00k0.068% £107.3k
Mark Adorian
Non Executive Director17.75yrsUK£35.00k4.5% £7.2m
Rory Curran
Non Executive Chairman1.92yrsUK£45.00k0.057% £90.5k

3.4yrs

Average Tenure

58.5yo

Average Age

Experienced Board: SOG's board of directors are considered experienced (3.4 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: StatPro Group plc
  • Ticker: SOG
  • Exchange: AIM
  • Founded: 1994
  • Industry: Application Software
  • Sector: Software
  • Market Cap: UK£158.885m
  • Shares outstanding: 69.69m
  • Website: https://www.statpro.com

Number of Employees


Location

  • StatPro Group plc
  • Mansel Court
  • Mansel Road
  • London
  • Greater London
  • SW19 4AA
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SOGAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMay 2000
STPG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 2000

Biography

StatPro Group plc develops, markets, and distributes software, data solutions, and related professional services to the asset management industry in the United Kingdom and internationally. The company offers StatPro Revolution, a performance measurement and portfolio analytics platform that provides performance measurement, portfolio analytics and data models, compliance monitoring, and reporting and data extraction options. It also offers Hosted analysis products, such as asset valuation, which provides information on reference data, corporate actions, industry classification codes, and asset pricing; investment portfolio management software that supports trade decisions, execution, record-keeping, NAV calculation, invoicing, and client and management reporting; and equity and fixed income attribution tools for measuring returns, contributions to return, and attribution effects. The company’s hosted analysis products also include a portfolio risk assessment tool; StatPro Composites, which helps to maintain global investment performance standards compliance; governance solution, which provides the ability to monitor business critical compliance and disclosure functions; and portfolio analytics reporting, a tool to create and customize performance reports. In addition, it offers managed services. StatPro Group plc has a strategic partnership with J.P. Morgan to develop a multi-asset portfolio analytics solution for asset managers. The company serves asset managers, third party administrators, pension funds, private wealth firms, insurance companies, banks, and others. StatPro Group plc was founded in 1994 and is headquartered in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/29 20:41
End of Day Share Price2019/10/29 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.