GHH Stock Overview
Gooch & Housego PLC engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics/systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally.
Gooch & Housego Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£11.20|
|52 Week High||UK£15.50|
|52 Week Low||UK£11.05|
|1 Month Change||-9.68%|
|3 Month Change||-21.13%|
|1 Year Change||-1.75%|
|3 Year Change||-22.22%|
|5 Year Change||15.46%|
|Change since IPO||771.60%|
Recent News & Updates
Gooch & Housego (LON:GHH) May Have Issues Allocating Its Capital
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Be Wary Of Gooch & Housego (LON:GHH) And Its Returns On Capital
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Is Now An Opportune Moment To Examine Gooch & Housego PLC (LON:GHH)?
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|GHH||GB Electronic||GB Market|
Return vs Industry: GHH underperformed the UK Electronic industry which returned 23% over the past year.
Return vs Market: GHH underperformed the UK Market which returned 17.9% over the past year.
|GHH Average Weekly Movement||3.7%|
|Electronic Industry Average Movement||5.4%|
|Market Average Movement||4.8%|
|10% most volatile stocks in GB Market||9.7%|
|10% least volatile stocks in GB Market||2.5%|
Stable Share Price: GHH is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GHH's weekly volatility (4%) has been stable over the past year.
About the Company
|1948||902||Mark John Webster||https://gandh.com|
Gooch & Housego PLC engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics/systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally. The company operates through Aerospace & Defence, Life Sciences/Biophotonics, and Industrial segments. It offers acousto-optic products, such as acousto-optic modulators, deflectors, fiber-coupled modulators, frequency shifters, model lockers, multi-channel modulators, pulse pickers and cavity dumpers, Q-switches, tunable filters, and RF drivers; crystal optics, including crystals and nonlinear optics, lithium niobate wafers, and periodically-poled lithium niobite; electro-optics, such as pockels cells, lithium niobate Q-switches, and pockels cell drivers; and lens assemblies and sighting systems.
Gooch & Housego Fundamentals Summary
|GHH fundamental statistics|
Is GHH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GHH income statement (TTM)|
|Cost of Revenue||UK£81.49m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Nov 30, 2021
|Earnings per share (EPS)||0.12|
|Net Profit Margin||2.54%|
How did GHH perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is Gooch & Housego undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GHH (£11.2) is trading above our estimate of fair value (£4.39)
Significantly Below Fair Value: GHH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GHH is poor value based on its PE Ratio (89.7x) compared to the UK Electronic industry average (31x).
PE vs Market: GHH is poor value based on its PE Ratio (89.7x) compared to the UK market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: GHH is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: GHH is good value based on its PB Ratio (2.5x) compared to the GB Electronic industry average (3x).
How is Gooch & Housego forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GHH's forecast earnings growth (51.8% per year) is above the savings rate (0.9%).
Earnings vs Market: GHH's earnings (51.8% per year) are forecast to grow faster than the UK market (11.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GHH's revenue (3.2% per year) is forecast to grow slower than the UK market (5.7% per year).
High Growth Revenue: GHH's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GHH's Return on Equity is forecast to be low in 3 years time (9.1%).
How has Gooch & Housego performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GHH has a large one-off loss of £5.1M impacting its March 31 2021 financial results.
Growing Profit Margin: GHH's current net profit margins (2.5%) are lower than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: GHH's earnings have declined by 17.8% per year over the past 5 years.
Accelerating Growth: GHH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GHH had negative earnings growth (-33.3%) over the past year, making it difficult to compare to the Electronic industry average (20.3%).
Return on Equity
High ROE: GHH's Return on Equity (2.8%) is considered low.
How is Gooch & Housego's financial position?
Financial Position Analysis
Short Term Liabilities: GHH's short term assets (£67.4M) exceed its short term liabilities (£19.7M).
Long Term Liabilities: GHH's short term assets (£67.4M) exceed its long term liabilities (£33.7M).
Debt to Equity History and Analysis
Debt Level: GHH's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: GHH's debt to equity ratio has increased from 6.7% to 18% over the past 5 years.
Debt Coverage: GHH's debt is well covered by operating cash flow (110.9%).
Interest Coverage: GHH's interest payments on its debt are well covered by EBIT (8x coverage).
What is Gooch & Housego current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GHH's dividend (0.8%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.35%).
High Dividend: GHH's dividend (0.8%) is low compared to the top 25% of dividend payers in the UK market (4.03%).
Stability and Growth of Payments
Stable Dividend: GHH's dividend payments have been volatile in the past 10 years.
Growing Dividend: GHH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36%), GHH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GHH's dividends in 3 years are forecast to be well covered by earnings (29.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark John Webster (59 yo)
Mr. Mark John Alexander Webster, B.Sc., served as the Chief Executive Officer of Bio Products Laboratory Ltd. Mr. Webster served as Vice President of Global Strategic Marketing and Head of North America Op...
CEO Compensation Analysis
Compensation vs Market: Mark John's total compensation ($USD484.75K) is below average for companies of similar size in the UK market ($USD777.89K).
Compensation vs Earnings: Mark John's compensation has been consistent with company performance over the past year.
Experienced Management: GHH's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: GHH's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Gooch & Housego PLC's employee growth, exchange listings and data sources
- Name: Gooch & Housego PLC
- Ticker: GHH
- Exchange: AIM
- Founded: 1948
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: UK£280.438m
- Shares outstanding: 25.04m
- Website: https://gandh.com
Number of Employees
- Gooch & Housego PLC
- Dowlish Ford
- TA19 0PF
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/26 21:16|
|End of Day Share Price||2021/11/26 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.