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

Fundamentals

Second-rate dividend payer with imperfect balance sheet.


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


Market Performance


7 Day Return

0%

SOG

1.4%

GB Software

2.0%

GB Market


1 Year Return

87.7%

SOG

2.2%

GB Software

3.3%

GB Market

Return vs Industry: SOG exceeded the UK Software industry which returned 2.2% over the past year.

Return vs Market: SOG exceeded the UK Market which returned 3.3% over the past year.


Share holder returns

SOGIndustryMarket
7 Day0%1.4%2.0%
30 Day53.0%0.4%-1.0%
90 Day53.5%-13.1%-1.7%
1 Year91.3%87.7%8.1%2.2%8.3%3.3%
3 Year117.9%105.4%1.8%-14.9%19.0%4.5%
5 Year261.4%216.7%73.3%38.8%38.4%8.4%

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 based on future cash flows and its price relative to the stock market?

5.76x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: SOG (£2.28) is trading above our estimate of fair value (£1.68)

Significantly Undervalued: SOG is trading above our estimate of fair value.


Price Based on Earnings

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 Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: SOG is overvalued based on its PB Ratio (5.8x) compared to the GB Software industry average (3x).


Next Steps

Future Growth

How is StatPro Group expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

70.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: SOG is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SOG is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SOG is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SOG's revenue (6.2% per year) is forecast to grow faster than the UK market (4% per year).

High Growth Revenue: SOG's revenue (6.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High 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


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.


Return on Assets

ROA vs Industry: SOG is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: SOG is currently unprofitable, so its Return on Capital Employed is negative.


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?

1.28%

Expected Dividend Yield


Dividend Yield vs Market

company1.3%marketbottom25%2.0%markettop25%5.4%industryaverage1.2%forecastin3Years1.3%

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: SOG's dividend (1.27%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2%).

High Dividend: SOG's dividend (1.27%) is low compared to the top 25% of dividend payers in the UK market (5.42%).

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% payout ratio).


Next Steps

Management

What is the CEO of StatPro Group's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Justin M. B. Wheatley (54yo)

0yrs

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 ($USD702.66K) is about average for companies of similar size in the UK market ($USD651.24K).

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


Management Age and Tenure

4.8yrs

Average Tenure

Experienced Management: SOG's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

3.4yrs

Average Tenure

58.5yo

Average Age

Experienced Board: SOG's board of directors are considered experienced (3.4 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyUK£326,13608 Oct 19
Oddo Bhf Asset Management SAS
EntityCompany
Shares142,729
Max PriceUK£2.29
BuyUK£149,69303 Oct 19
Oddo Bhf Asset Management SAS
EntityCompany
Shares65,673
Max PriceUK£2.28
BuyUK£34,19730 Sep 19
Oddo Bhf Asset Management SAS
EntityCompany
Shares15,000
Max PriceUK£2.28
BuyUK£510,75027 Sep 19
Oddo Bhf Asset Management SAS
EntityCompany
Shares225,000
Max PriceUK£2.27
BuyUK£2,721,00025 Sep 19
Oddo Bhf Asset Management SAS
EntityCompany
Shares1,200,000
Max PriceUK£2.27
SellUK£14,057,94525 Sep 19
Strikwerda Investments BV
EntityCompany
Shares6,199,755
Max PriceUK£2.27

Ownership Breakdown


Management Team

  • Justin M. B. Wheatley (54yo)

    Founder

    • Tenure: 0yrs
    • Compensation: UK£554.00k
  • Andrew Fabian (57yo)

    CFO, Group Finance Director & Executive Director

    • Tenure: 0yrs
    • Compensation: UK£244.00k
  • Michel Lempicki

    Benelux Sales Director & Member of Group Executive Board

    • Tenure: 0yrs
  • Dario Cintioli

    CEO of Revolution & Member of Group Executive Board

    • Tenure: 8.8yrs
  • Gordon Bloor

    CEO of Source Division & Member of Group Executive Board

    • Tenure: 0yrs
  • Marc Zandt

    Revolution Business Director & Member of Group Executive Board

    • Tenure: 0.8yrs
  • Craig Arenhold

    CEO of Infovest division & Member of Group Executive Board

    • Tenure: 0yrs
  • Nico Coetzee

    North American Sales Director & Member of Group Executive Board

    • Tenure: 0yrs
  • Luca Bortolami

    Development and Service Delivery Director & Member of Group Executive Board

    • Tenure: 0yrs
  • Clinton Moseley

    Operations Director

    • Tenure: 0.8yrs

Board Members

  • Justin M. B. Wheatley (54yo)

    Founder

    • Tenure: 0yrs
    • Compensation: UK£554.00k
  • Andrew Fabian (57yo)

    CFO, Group Finance Director & Executive Director

    • Tenure: 0yrs
    • Compensation: UK£244.00k
  • David Courtley (62yo)

    Non Executive Director

    • Tenure: 3.4yrs
    • Compensation: UK£40.00k
  • Jane Tozer (71yo)

    Senior Independent Director

    • Tenure: 0yrs
    • Compensation: UK£40.00k
  • Mark Adorian (56yo)

    Non Executive Director

    • Tenure: 17.8yrs
    • Compensation: UK£35.00k
  • Rory Curran (60yo)

    Non Executive Chairman

    • Tenure: 1.9yrs
    • Compensation: UK£45.00k

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£150.183m
  • Shares outstanding: 65.87m
  • 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 offe ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/13 20:50
End of Day Share Price2019/10/11 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.

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