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APTD

Aptitude Software GroupLSE:APTD Stock Report

Market Cap

UK£312.9m

7D

-5.2%

1Y

18.6%

Updated

26 Nov, 2021

Data

Company Financials +
APTD fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends3/6

APTD Stock Overview

Aptitude Software Group plc, together with its subsidiaries, develops, implements, and supports business critical software and related services in the United Kingdom and internationally.

Aptitude Software Group Competitors

Softcat

LSE:SCT

UK£3.6b

Kainos Group

LSE:KNOS

UK£2.3b

Blue Prism Group

AIM:PRSM

UK£1.3b

Craneware

AIM:CRW

UK£920.1m

Price History & Performance

Summary of all time highs, changes and price drops for Aptitude Software Group
Historical stock prices
Current Share PriceUK£5.48
52 Week HighUK£7.38
52 Week LowUK£4.40
Beta0.58
1 Month Change-13.70%
3 Month Change-19.65%
1 Year Change18.62%
3 Year Change17.67%
5 Year Change168.63%
Change since IPO213.40%

Recent News & Updates

Aug 05
Aptitude Software Group (LON:APTD) Is Due To Pay A Dividend Of UK£0.018

Aptitude Software Group (LON:APTD) Is Due To Pay A Dividend Of UK£0.018

The board of Aptitude Software Group plc ( LON:APTD ) has announced that it will pay a dividend on the 27th of August...

Shareholder Returns

APTDGB SoftwareGB Market
7D-5.2%-3.9%-3.0%
1Y18.6%14.1%11.7%

Return vs Industry: APTD exceeded the UK Software industry which returned 16.4% over the past year.

Return vs Market: APTD matched the UK Market which returned 17.9% over the past year.

Price Volatility

Is APTD's price volatile compared to industry and market?
APTD volatility
APTD Average Weekly Movement3.0%
Software Industry Average Movement4.8%
Market Average Movement4.8%
10% most volatile stocks in GB Market9.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: APTD is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: APTD's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981332Jeremy Suddardshttps://www.aptitudesoftware.com

Aptitude Software Group plc, together with its subsidiaries, develops, implements, and supports business critical software and related services in the United Kingdom and internationally. It provides software applications, which include Aptitude Accounting Hub, a finance software to centralize and automate enterprise finance, accounting, and reporting activities; Aptitude Revenue Recognition Engine, a specialist financial application, which connects existing general ledgers and source systems to empower enterprises; Aptitude IFRS 17 Solution, a solution to comply with IFRS 17 insurance standards; Aptitude RevStream, a cloud-based revenue recognition software; Aptitude Allocation Engine that controls cost allocations and customer profitability; and Lease Accounting Engine, a lease accounting software. The company also offers Aptitude Calculate, a calculation and rules engine; and Aptitude IFRS 17 Comply, a software solution that delivers compliance with flexible deployment options, including SaaS, private cloud, and on-premise deployment models.

Aptitude Software Group Fundamentals Summary

How do Aptitude Software Group's earnings and revenue compare to its market cap?
APTD fundamental statistics
Market CapUK£312.93m
Earnings (TTM)UK£7.45m
Revenue (TTM)UK£55.77m

42.0x

P/E Ratio

5.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
APTD income statement (TTM)
RevenueUK£55.77m
Cost of RevenueUK£32.81m
Gross ProfitUK£22.96m
ExpensesUK£15.51m
EarningsUK£7.45m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin41.17%
Net Profit Margin13.36%
Debt/Equity Ratio0%

How did APTD perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

41%

Payout Ratio

Valuation

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

42.01x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: APTD (£5.48) is trading above our estimate of fair value (£2.66)

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


Price To Earnings Ratio

PE vs Industry: APTD is good value based on its PE Ratio (42x) compared to the UK Software industry average (50.1x).

PE vs Market: APTD is poor value based on its PE Ratio (42x) compared to the UK market (19.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: APTD is overvalued based on its PB Ratio (5.9x) compared to the GB Software industry average (4.1x).


Future Growth

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

11.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: APTD's forecast earnings growth (11.5% per year) is above the savings rate (0.9%).

Earnings vs Market: APTD's earnings (11.5% per year) are forecast to grow slower than the UK market (11.5% per year).

High Growth Earnings: APTD's earnings are forecast to grow, but not significantly.

Revenue vs Market: APTD's revenue (13.3% per year) is forecast to grow faster than the UK market (5.7% per year).

High Growth Revenue: APTD's revenue (13.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: APTD's Return on Equity is forecast to be low in 3 years time (14%).


Past Performance

How has Aptitude Software Group performed over the past 5 years?

1.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: APTD has high quality earnings.

Growing Profit Margin: APTD's current net profit margins (13.4%) are higher than last year (11.4%).


Past Earnings Growth Analysis

Earnings Trend: APTD's earnings have grown by 1.4% per year over the past 5 years.

Accelerating Growth: APTD's earnings growth over the past year (8.9%) exceeds its 5-year average (1.4% per year).

Earnings vs Industry: APTD earnings growth over the past year (8.9%) underperformed the Software industry 12.1%.


Return on Equity

High ROE: APTD's Return on Equity (14.1%) is considered low.


Financial Health

How is Aptitude Software Group's financial position?


Financial Position Analysis

Short Term Liabilities: APTD's short term assets (£56.3M) exceed its short term liabilities (£34.1M).

Long Term Liabilities: APTD's short term assets (£56.3M) exceed its long term liabilities (£2.2M).


Debt to Equity History and Analysis

Debt Level: APTD is debt free.

Reducing Debt: APTD has no debt compared to 5 years ago when its debt to equity ratio was 28.8%.

Debt Coverage: APTD has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: APTD has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Aptitude Software Group current dividend yield, its reliability and sustainability?

0.98%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: APTD's dividend (0.99%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.35%).

High Dividend: APTD's dividend (0.99%) is low compared to the top 25% of dividend payers in the UK market (4.03%).


Stability and Growth of Payments

Stable Dividend: APTD's dividend payments have been volatile in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40.6%), APTD's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: APTD's dividends in 3 years are forecast to be well covered by earnings (45.8% payout ratio).


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

Jeremy Suddards

1.83yrs

Tenure

UK£366,851

Compensation

Mr. Jeremy Suddards serves as Chief Executive Officer of Aptitude Software Group plc since January 17, 2020 and serves as its Director since September 1, 2019. He joined Aptitude Software Group plc in Janu...


CEO Compensation Analysis

Compensation vs Market: Jeremy's total compensation ($USD488.55K) is below average for companies of similar size in the UK market ($USD777.89K).

Compensation vs Earnings: Jeremy's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: APTD's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: APTD's board of directors are considered experienced (5.1 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Aptitude Software Group plc's employee growth, exchange listings and data sources


Key Information

  • Name: Aptitude Software Group plc
  • Ticker: APTD
  • Exchange: LSE
  • Founded: 1981
  • Industry: Application Software
  • Sector: Software
  • Market Cap: UK£312.929m
  • Shares outstanding: 57.10m
  • Website: https://www.aptitudesoftware.com

Number of Employees


Location

  • Aptitude Software Group plc
  • Old Change House
  • 128 Queen Victoria Street
  • London
  • Greater London
  • EC4V 4BJ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 21:18
End of Day Share Price2021/11/26 00:00
Earnings2021/06/30
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.