Aptitude Software Group plc, together with its subsidiaries, develops, implements, and supports business critical software and related services in the United Kingdom and internationally.
Flawless balance sheet and good value.
Share Price & News
How has Aptitude Software Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: APTD's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: APTD matched the UK Software industry which returned 17.2% over the past year.
Return vs Market: APTD exceeded the UK Market which returned 6.1% over the past year.
Price Volatility Vs. Market
How volatile is Aptitude Software Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StShould You Like Aptitude Software Group plc’s (LON:APTD) High Return On Capital Employed?
2 weeks ago | Simply Wall StAptitude Software Group plc's (LON:APTD) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
4 weeks ago | Simply Wall StShould You Worry About Aptitude Software Group plc's (LON:APTD) CEO Salary Level?
Is Aptitude Software Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: APTD (£5.2) is trading below our estimate of fair value (£6.6)
Significantly Below Fair Value: APTD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: APTD is good value based on its PE Ratio (18.9x) compared to the Software industry average (32x).
PE vs Market: APTD is poor value based on its PE Ratio (18.9x) compared to the UK market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: APTD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: APTD is good value based on its PB Ratio (3.2x) compared to the GB Software industry average (3.4x).
How is Aptitude Software Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APTD's earnings are forecast to decline over the next 3 years (-33.9% per year).
Earnings vs Market: APTD's earnings are forecast to decline over the next 3 years (-33.9% per year).
High Growth Earnings: APTD's earnings are forecast to decline over the next 3 years.
Revenue vs Market: APTD's revenue (2.8% per year) is forecast to grow slower than the UK market (3.5% per year).
High Growth Revenue: APTD's revenue (2.8% 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 high in 3 years time (25.2%)
How has Aptitude Software Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APTD has a large one-off gain of £3.1M impacting its June 30 2019 financial results.
Growing Profit Margin: APTD's current net profit margins (19.9%) are higher than last year (14.6%).
Past Earnings Growth Analysis
Earnings Trend: APTD's earnings have grown significantly by 28.1% per year over the past 5 years.
Accelerating Growth: APTD's earnings growth over the past year (67.3%) exceeds its 5-year average (28.1% per year).
Earnings vs Industry: APTD earnings growth over the past year (67.3%) exceeded the Software industry 8%.
Return on Equity
High ROE: APTD's Return on Equity (16.6%) is considered low.
Return on Assets
Return on Capital Employed
How is Aptitude Software Group's financial position?
Financial Position Analysis
Short Term Liabilities: APTD's short term assets (£86.5M) exceed its short term liabilities (£30.8M).
Long Term Liabilities: APTD's short term assets (£86.5M) exceed its long term liabilities (£4.1M).
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 32%.
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.
Inventory Level: APTD has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if APTD's debt is covered by short term assets.
What is Aptitude Software Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: APTD's dividend (1.45%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.83%).
High Dividend: APTD's dividend (1.45%) is low compared to the top 25% of dividend payers in the UK market (5.1%).
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 (25.7%), 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 covered by earnings (59.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeremy Suddards 0
Mr. Jeremy Suddards serves as Chief Executive Officer of Aptitude Software Group plc since January 20, 2020 and serves as its Director since September 1, 2019. He served as Chief Client Officer for Europe ...
|CFO, Deputy CEO||13.1yrs||UK£829.14k||0.35% £1.0m|
|CEO & Director||0.08yrs||no data||no data|
|Chief Product Officer||2.1yrs||no data||no data|
|Executive Vice President||0.6yrs||no data||no data|
|Company Secretary||1.2yrs||no data||no data|
|Chief Technology Officer of Aptitude Software||18yrs||no data||no data|
Experienced Management: APTD's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
|CFO, Deputy CEO||13.1yrs||UK£829.14k||0.35% £1.0m|
|CEO & Director||0.08yrs||no data||no data|
|Non-Executive Chairman||3.9yrs||UK£134.00k||0.31% £910.0k|
|Non-Executive Director||2.8yrs||UK£51.00k||no data|
|Senior Independent Non-Executive Director||3.8yrs||UK£55.20k||0.029% £84.9k|
Experienced Board: APTD's board of directors are considered experienced (3.8 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Aptitude Software Group plc's company bio, employee growth, exchange listings and data sources
- Name: Aptitude Software Group plc
- Ticker: APTD
- Exchange: LSE
- Founded: 1974
- Industry: Application Software
- Sector: Software
- Market Cap: UK£292.344m
- Shares outstanding: 56.22m
- Website: https://www.aptitudesoftwaregroup.com
Number of Employees
- Aptitude Software Group plc
- Old Change House
- 128 Queen Victoria Street
- Greater London
- EC4V 4BJ
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|APTD||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Mar 1985|
|MH5B||BST (Boerse-Stuttgart)||Yes||Ordinary Shares||DE||EUR||Mar 1985|
|APTDL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Mar 1985|
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 operates through two segments, Aptitude Software and Microgen Financial Systems. The Aptitude Software segment provides a suite of specialized finance management software applications for banking, healthcare, insurance, and telecommunications customers. Its applications include Aptitude Insurance Calculation Engine that focuses on insurance contracts; Aptitude Lease Accounting Engine, which addresses leasing standards; Aptitude Revenue Recognition Engine for revenue recognition requirements; Aptitude RevStream, a cloud-enabled revenue management software; Aptitude Accounting Hub that transforms financial, management, and statutory accounting; and Aptitude Allocation Engine that offers interfaces to set-up and apply rules to allocate cost and revenue. This segment licenses its software; and provides software maintenance/support, software subscriptions for its cloud-based offerings; and implementation services. The Microgen Financial Systems segment offers Microgen 5Series, a wealth management software for both on-shore and off-shore markets; and Microgen Bacway, a suite of payments software products. It also provides maintenance, support, and development services on a range of software products and applications developed by third parties. The company was formerly known as Microgen plc and changed its name to Aptitude Software Group plc in April 2019. Aptitude Software Group plc was founded in 1974 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 20:42|
|End of Day Share Price||2020/02/17 00:00|
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.