| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
GHT Stock Overview
Gresham Technologies plc, a software and services company, provides solutions for data integrity and control, banking integration, and payments and cash management in the United Kingdom, Europe, the Middle East, Africa, the United States, North America, Australia, and the Asia Pacific.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£1.76 |
| 52 Week High | UK£1.86 |
| 52 Week Low | UK£1.47 |
| Beta | 1.05 |
| 1 Month Change | 2.33% |
| 3 Month Change | 3.23% |
| 1 Year Change | 15.79% |
| 3 Year Change | 92.35% |
| 5 Year Change | 15.79% |
| Change since IPO | 67.62% |
Recent News & Updates
Gresham Technologies (LON:GHT) Will Be Hoping To Turn Its Returns On Capital Around
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Robust Earnings May Not Tell The Whole Story For Gresham Technologies (LON:GHT)
Gresham Technologies plc ( LON:GHT ) just released a solid earnings report, and the stock displayed some strength...
Shareholder Returns
| GHT | GB Software | GB Market | |
|---|---|---|---|
| 7D | -3.8% | -3.1% | -1.0% |
| 1Y | 15.8% | 2.1% | 8.3% |
Return vs Industry: GHT exceeded the UK Software industry which returned 2.4% over the past year.
Return vs Market: GHT exceeded the UK Market which returned 8.3% over the past year.
Price Volatility
| GHT volatility | |
|---|---|
| GHT Average Weekly Movement | 2.2% |
| Software Industry Average Movement | 4.6% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.7% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: GHT is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: GHT's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1969 | 154 | Ian Manocha | https://www.greshamtech.com |
Gresham Technologies plc, a software and services company, provides solutions for data integrity and control, banking integration, and payments and cash management in the United Kingdom, Europe, the Middle East, Africa, the United States, North America, Australia, and the Asia Pacific. It operates through Clareti Solutions, Other Solutions, and Contracting Services segments. The company offers Clareti Platform to carry out business controls, including front-office ticketing and post-settlement reconciliation.
Gresham Technologies Fundamentals Summary
| GHT fundamental statistics | |
|---|---|
| Market Cap | UK£144.43m |
| Earnings (TTM) | UK£371.00k |
| Revenue (TTM) | UK£27.35m |
392.0x
P/E Ratio5.3x
P/S RatioIs GHT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GHT income statement (TTM) | |
|---|---|
| Revenue | UK£27.35m |
| Cost of Revenue | UK£5.85m |
| Gross Profit | UK£21.50m |
| Expenses | UK£21.13m |
| Earnings | UK£371.00k |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Mar 08, 2022
| Earnings per share (EPS) | 0.0045 |
| Gross Margin | 78.61% |
| Net Profit Margin | 1.36% |
| Debt/Equity Ratio | 0% |
How did GHT perform over the long term?
See historical performance and comparisonDividends
0.4%
Current Dividend Yield141%
Payout RatioValuation
Is Gresham Technologies undervalued compared to its fair value and its price relative to the market?
391.98x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GHT (£1.75) is trading above our estimate of fair value (£1.46)
Significantly Below Fair Value: GHT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GHT is poor value based on its PE Ratio (389.8x) compared to the UK Software industry average (50.1x).
PE vs Market: GHT is poor value based on its PE Ratio (389.8x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GHT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GHT is good value based on its PB Ratio (3.1x) compared to the GB Software industry average (4x).
Future Growth
How is Gresham Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
27.9%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GHT's forecast earnings growth is above the savings rate (0.9%).
Earnings vs Market: Insufficient data to determine if GHT's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GHT's revenue (27.9% per year) is forecast to grow faster than the UK market (4.8% per year).
High Growth Revenue: GHT's revenue (27.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GHT's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Gresham Technologies performed over the past 5 years?
-40.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GHT has a large one-off loss of £1.7M impacting its June 30 2021 financial results.
Growing Profit Margin: GHT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GHT's earnings have declined by 40.7% per year over the past 5 years.
Accelerating Growth: GHT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GHT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (15.4%).
Return on Equity
High ROE: GHT's Return on Equity (0.8%) is considered low.
Financial Health
How is Gresham Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: GHT's short term assets (£16.1M) do not cover its short term liabilities (£25.2M).
Long Term Liabilities: GHT's short term assets (£16.1M) exceed its long term liabilities (£8.9M).
Debt to Equity History and Analysis
Debt Level: GHT is debt free.
Reducing Debt: GHT has not had any debt for past 5 years.
Debt Coverage: GHT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GHT has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Gresham Technologies's current dividend yield, its reliability and sustainability?
0.43%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GHT's dividend (0.43%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.41%).
High Dividend: GHT's dividend (0.43%) is low compared to the top 25% of dividend payers in the UK market (4.06%).
Stability and Growth of Payments
Stable Dividend: GHT is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.
Growing Dividend: GHT is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: GHT is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GHT'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?
5.5yrs
Average management tenure
CEO
Ian Manocha (55 yo)
6.58yrs
Tenure
UK£420,377
Compensation
Mr. Ian Mark Manocha has been the Chief Executive Officer of Gresham Technologies plc (formerly known as Gresham Computing plc) since June 1, 2015 and serves as its Executive Director. Mr. Manocha served a...
CEO Compensation Analysis
Compensation vs Market: Ian's total compensation ($USD572.96K) is about average for companies of similar size in the UK market ($USD570.90K).
Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: GHT's management team is seasoned and experienced (5.5 years average tenure).
Board Members
Experienced Board: GHT's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 19.3%.
Top Shareholders
Company Information
Gresham Technologies plc's employee growth, exchange listings and data sources
Key Information
- Name: Gresham Technologies plc
- Ticker: GHT
- Exchange: LSE
- Founded: 1969
- Industry: Application Software
- Sector: Software
- Implied Market Cap: UK£144.433m
- Shares outstanding: 82.53m
- Website: https://www.greshamtech.com
Number of Employees
Location
- Gresham Technologies plc
- Aldermary House
- 4th Floor
- London
- Greater London
- EC4N 1TX
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/20 18:52 |
| End of Day Share Price | 2022/01/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.