AIM:APC

Stock Analysis Report

APC Technology Group

Executive Summary

APC Technology Group PLC designs, specifies, and distributes specialist electronic components and systems, lighting technologies, and connectivity products in the United Kingdom, North America, Europe, and Asia.

Snowflake

Fundamentals

Solid track record and good value.

Risks

  • APC Technology Group is not covered by any analysts.

Share Price & News

How has APC Technology Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.3%

AIM:APC

2.7%

GB Electronic

1.6%

GB Market


1 Year Return

37.7%

AIM:APC

1.8%

GB Electronic

0.3%

GB Market

APC outperformed the Electronic industry which returned 1.8% over the past year.

APC outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 0.3% over the past year.


Share holder returns

APCIndustryMarket
7 Day4.3%2.7%1.6%
30 Day14.1%7.1%5.0%
90 Day-3.9%1.0%1.2%
1 Year37.7%37.7%3.5%1.8%5.1%0.3%
3 Year12.3%12.3%63.3%56.2%23.7%9.0%
5 Year-74.8%-74.8%114.8%96.6%29.9%2.5%

Price Volatility Vs. Market

How volatile is APC Technology Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is APC Technology Group undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

APC Technology Group's share price is below the future cash flow value, and at a moderate discount (> 20%).

APC Technology Group's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

APC Technology Group is good value based on earnings compared to the GB Electronic industry average.

APC Technology Group is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for APC Technology Group, we can't assess if its growth is good value.


Price Based on Value of Assets

APC Technology Group is good value based on assets compared to the GB Electronic industry average.


Next Steps

Future Growth

How is APC Technology Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if APC Technology Group is high growth as no revenue estimate data is available.

APC Technology Group's earnings are expected to grow by 12.9% yearly, however this is not considered high growth (20% yearly).

Unable to compare APC Technology Group's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.

APC Technology Group's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.

APC Technology Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if APC Technology Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has APC Technology Group performed over the past 5 years?

0.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

APC Technology Group's year on year earnings growth rate has been positive over the past 5 years.

APC Technology Group's 1-year earnings growth exceeds its 5-year average (42.7% vs 0.7%)

APC Technology Group's earnings growth has exceeded the GB Electronic industry average in the past year (42.7% vs -1%).


Return on Equity

APC Technology Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

APC Technology Group used its assets more efficiently than the GB Electronic industry average last year based on Return on Assets.


Return on Capital Employed

APC Technology Group has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is APC Technology Group's financial position?


Financial Position Analysis

APC Technology Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

APC Technology Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

APC Technology Group's level of debt (43.5%) compared to net worth is high (greater than 40%).

APC Technology Group had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.

Debt is well covered by operating cash flow (23.5%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.9x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.7x debt.


Next Steps

Dividend

What is APC Technology Group's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate APC Technology Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate APC Technology Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as APC Technology Group has not reported any payouts.

Unable to verify if APC Technology Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as APC Technology Group has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of APC Technology Group's salary, the management and board of directors tenure and is there insider trading?

5.3yrs

Average management tenure


CEO

Richard Hodgson (50yo)

4.1yrs

Tenure

UK£259,000

Compensation

Mr. Richard George Hodgson has been the Chief Executive Officer of APC Technology Group plc since August 18, 2015. Mr. Hodgson has been the Chief Operating Officer of Green Compliance plc since January 3,  ...


CEO Compensation Analysis

Richard's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.

Richard's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

5.3yrs

Average Tenure

The average tenure for the APC Technology Group management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

5.0yrs

Average Tenure

The tenure for the APC Technology Group board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Richard Hodgson (50yo)

    CEO & Director

    • Tenure: 4.1yrs
    • Compensation: UK£259.00k
  • Hugh Edmonds (70yo)

    Company Secretary

    • Tenure: 5.3yrs
    • Compensation: UK£2.00k
  • Phil Lancaster

    Business Development Director & Director

    • Tenure: 16yrs
    • Compensation: UK£140.00k

Board Members

  • Richard Hodgson (50yo)

    CEO & Director

    • Tenure: 4.1yrs
    • Compensation: UK£259.00k
  • Phil Lancaster

    Business Development Director & Director

    • Tenure: 16yrs
    • Compensation: UK£140.00k
  • Tony Lochery

    Non-Executive Chairman

    • Tenure: 2.6yrs

Company Information

APC Technology Group PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: APC Technology Group PLC
  • Ticker: APC
  • Exchange: AIM
  • Founded: 1982
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: UK£16.665m
  • Shares outstanding: 182.63m
  • Website: https://apcplc.com

Number of Employees


Location

  • APC Technology Group PLC
  • 6 Stirling Park
  • Laker Road
  • Rochester
  • Kent
  • ME1 3QR
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
APCAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPNov 1996

Biography

APC Technology Group PLC designs, specifies, and distributes specialist electronic components and systems, lighting technologies, and connectivity products in the United Kingdom, North America, Europe, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 20:43
End of Day Share Price2019/09/13 00:00
Earnings2019/02/28
Annual Earnings2018/08/31


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.