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GHT

Gresham TechnologiesLSE:GHT Stock Report

Market Cap

UK£143.2m

7D

1.8%

1Y

30.0%

Updated

29 Nov, 2021

Data

Company Financials +
GHT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance1/6
Financial Health5/6
Dividends0/6

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

Summary of all time highs, changes and price drops for Gresham Technologies
Historical stock prices
Current Share PriceUK£1.74
52 Week HighUK£1.80
52 Week LowUK£1.30
Beta1.16
1 Month Change2.06%
3 Month Change7.76%
1 Year Change29.96%
3 Year Change14.52%
5 Year Change52.19%
Change since IPO65.24%

Recent News & Updates

Jun 02
Gresham Technologies (LON:GHT) Will Be Hoping To Turn Its Returns On Capital Around

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...

Mar 17
Robust Earnings May Not Tell The Whole Story For Gresham Technologies (LON:GHT)

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

GHTGB SoftwareGB Market
7D1.8%-2.5%-1.9%
1Y30.0%14.0%13.8%

Return vs Industry: GHT exceeded the UK Software industry which returned 14.1% over the past year.

Return vs Market: GHT exceeded the UK Market which returned 11.6% over the past year.

Price Volatility

Is GHT's price volatile compared to industry and market?
GHT volatility
GHT Average Weekly Movement2.1%
Software Industry Average Movement4.8%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.7%
10% least volatile stocks in GB Market2.6%

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

FoundedEmployeesCEOWebsite
1969154Ian Manochahttps://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

How do Gresham Technologies's earnings and revenue compare to its market cap?
GHT fundamental statistics
Market CapUK£143.19m
Earnings (TTM)UK£371.00k
Revenue (TTM)UK£27.35m

386.4x

P/E Ratio

5.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GHT income statement (TTM)
RevenueUK£27.35m
Cost of RevenueUK£5.85m
Gross ProfitUK£21.50m
ExpensesUK£21.13m
EarningsUK£371.00k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0045
Gross Margin78.61%
Net Profit Margin1.36%
Debt/Equity Ratio0%

How did GHT perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

141%

Payout Ratio

Valuation

Is Gresham Technologies undervalued compared to its fair value and its price relative to the market?

386.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GHT (£1.74) is trading above our estimate of fair value (£1.45)

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 (386.4x) compared to the UK Software industry average (49.9x).

PE vs Market: GHT is poor value based on its PE Ratio (386.4x) compared to the UK market (19.2x).


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 (4.9% 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 (12.1%).


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 (1.38%).

High Dividend: GHT's dividend (0.43%) is low compared to the top 25% of dividend payers in the UK market (4.15%).


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?

5.4yrs

Average management tenure


CEO

Ian Manocha (55 yo)

6.42yrs

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 ($USD559.23K) is about average for companies of similar size in the UK market ($USD561.91K).

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 (5.4 years average tenure).


Board Members

Experienced Board: GHT's board of directors are not considered experienced ( 1.1 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 19.8%.


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
  • Market Cap: UK£143.195m
  • 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/29 22:56
End of Day Share Price2021/11/29 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.