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Market Cap

UK£21.7m

Last Updated

2021/05/17 19:41 UTC

Data Sources

Company Financials +

Executive Summary

Crimson Tide plc provides mobility solutions and related software development services primarily in the United Kingdom and Ireland. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Crimson Tide's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TIDE is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: TIDE's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-8.3%

TIDE

-1.1%

GB Software

0.2%

GB Market


1 Year Return

40.4%

TIDE

2.7%

GB Software

22.8%

GB Market

Return vs Industry: TIDE exceeded the UK Software industry which returned 4.4% over the past year.

Return vs Market: TIDE exceeded the UK Market which returned 23.3% over the past year.


Shareholder returns

TIDEIndustryMarket
7 Day-8.3%-1.1%0.2%
30 Day-7.0%-7.2%0.1%
90 Day-2.9%-6.8%5.1%
1 Year40.4%40.4%12.3%2.7%28.3%22.8%
3 Year10.0%10.0%14.0%0.4%9.4%-3.1%
5 Year16.8%16.8%28.3%4.5%47.0%19.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Crimson Tide undervalued compared to its fair value and its price relative to the market?

16.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TIDE (£0.03) is trading below our estimate of fair value (£0.04)

Significantly Below Fair Value: TIDE is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: TIDE is good value based on its PE Ratio (20.6x) compared to the UK Software industry average (53.2x).

PE vs Market: TIDE is good value based on its PE Ratio (20.6x) compared to the UK market (25.6x).


Price to Earnings Growth Ratio

PEG Ratio: TIDE is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: TIDE is good value based on its PB Ratio (3.8x) compared to the GB Software industry average (4.1x).


Future Growth

How is Crimson Tide forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

38.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TIDE's forecast earnings growth (38.3% per year) is above the savings rate (0.9%).

Earnings vs Market: TIDE's earnings (38.3% per year) are forecast to grow faster than the UK market (17.6% per year).

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

Revenue vs Market: TIDE's revenue (28% per year) is forecast to grow faster than the UK market (5.3% per year).

High Growth Revenue: TIDE's revenue (28% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TIDE's Return on Equity is forecast to be low in 3 years time (3.8%).


Past Performance

How has Crimson Tide performed over the past 5 years?

17.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TIDE has high quality earnings.

Growing Profit Margin: TIDE's current net profit margins (20.7%) are higher than last year (12.1%).


Past Earnings Growth Analysis

Earnings Trend: TIDE's earnings have grown by 17.4% per year over the past 5 years.

Accelerating Growth: TIDE's earnings growth over the past year (108%) exceeds its 5-year average (17.4% per year).

Earnings vs Industry: TIDE earnings growth over the past year (108%) exceeded the Software industry 3.3%.


Return on Equity

High ROE: TIDE's Return on Equity (18.3%) is considered low.


Financial Health

How is Crimson Tide's financial position?


Financial Position Analysis

Short Term Liabilities: TIDE's short term assets (£2.4M) exceed its short term liabilities (£1.1M).

Long Term Liabilities: TIDE's short term assets (£2.4M) exceed its long term liabilities (£99.0K).


Debt to Equity History and Analysis

Debt Level: TIDE's debt to equity ratio (0.3%) is considered satisfactory.

Reducing Debt: TIDE's debt to equity ratio has reduced from 4% to 0.3% over the past 5 years.

Debt Coverage: TIDE's debt is well covered by operating cash flow (12223.1%).

Interest Coverage: TIDE's interest payments on its debt are well covered by EBIT (19.2x coverage).


Balance Sheet


Dividend

What is Crimson Tide current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

2.9yrs

Average management tenure


CEO

Luke Jeffrey (37 yo)

3.17yrs

Tenure

UK£113,334

Compensation

Mr. Luke Anthony Jeffrey has been Chief Executive Officer of Crimson Tide Plc since March 28, 2018 and as its Executive Director since August 2012. Mr. Jeffrey has been a Technical Director of Crimson Tide...


CEO Compensation Analysis

Compensation vs Market: Luke's total compensation ($USD160.02K) is below average for companies of similar size in the UK market ($USD339.60K).

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


Leadership Team

Experienced Management: TIDE's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: TIDE's board of directors are considered experienced (8.8 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 43.7%.


Top Shareholders

Company Information

Crimson Tide plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Crimson Tide plc
  • Ticker: TIDE
  • Exchange: AIM
  • Founded: NaN
  • Industry: Application Software
  • Sector: Software
  • Market Cap: UK£21.697m
  • Shares outstanding: 657.49m
  • Website: https://www.crimsontide.co.uk

Number of Employees


Location

  • Crimson Tide plc
  • Oakhurst House
  • 77 Mount Ephraim
  • Tunbridge Wells
  • Kent
  • TN4 8BS
  • United Kingdom

Listings


Biography

Crimson Tide plc provides mobility solutions and related software development services primarily in the United Kingdom and Ireland. It provides mpro5, a mobile business solution that provides hardware, sof...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/17 19:41
End of Day Share Price2021/05/17 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.