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Strix Group

AIM:KETL
Snowflake Description

Average dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KETL
AIM
£308M
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

Strix Group Plc manufactures and sells kettle safety controls and other components worldwide. The last earnings update was 21 days ago. More info.


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KETL Share Price and Events
7 Day Returns
7.1%
AIM:KETL
0.5%
GB Electronic
1.5%
GB Market
1 Year Returns
14.5%
AIM:KETL
-3%
GB Electronic
-6.3%
GB Market
KETL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Strix Group (KETL) 7.1% -2.8% 1.5% 14.5% - -
GB Electronic 0.5% -3.5% 5.1% -3% 76.4% 77.9%
GB Market 1.5% -2.1% 1.8% -6.3% 15.4% 2%
1 Year Return vs Industry and Market
  • KETL outperformed the Electronic industry which returned -3% over the past year.
  • KETL outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -6.3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Strix Group's competitors could be found in our database.

KETL Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Strix Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Strix Group.

AIM:KETL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.8%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:KETL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.046 (1 + (1- 21%) (13.3%))
1.104
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.104 * 5.96%)
7.81%

Discounted Cash Flow Calculation for AIM:KETL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Strix Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

AIM:KETL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 7.81%)
2019 10.00 Analyst x3 9.28
2020 12.52 Analyst x3 10.77
2021 29.07 Analyst x3 23.20
2022 29.56 Est @ 1.67% 21.88
2023 30.01 Est @ 1.53% 20.61
2024 30.44 Est @ 1.44% 19.39
2025 30.86 Est @ 1.38% 18.23
2026 31.27 Est @ 1.33% 17.14
2027 31.68 Est @ 1.3% 16.10
2028 32.08 Est @ 1.28% 15.13
Present value of next 10 years cash flows £171.72
AIM:KETL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £32.08 × (1 + 1.23%) ÷ (7.81% – 1.23%)
£493.45
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £493.45 ÷ (1 + 7.81%)10
£232.65
AIM:KETL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £171.72 + £232.65
£404.37
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £404.37 / 190.00
£2.13
AIM:KETL Discount to Share Price
Calculation Result
Value per share (GBP) From above. £2.13
Current discount Discount to share price of £1.62
= -1 x (£1.62 - £2.13) / £2.13
23.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Strix Group is available for.
Intrinsic value
24%
Share price is £1.62 vs Future cash flow value of £2.13
Current Discount Checks
For Strix Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Strix Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Strix Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Strix Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Strix Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:KETL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £0.12
AIM:KETL Share Price ** AIM (2019-05-21) in GBP £1.62
United Kingdom of Great Britain and Northern Ireland Electronic Industry PE Ratio Median Figure of 21 Publicly-Listed Electronic Companies 20.55x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 789 Publicly-Listed Companies 16.22x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Strix Group.

AIM:KETL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:KETL Share Price ÷ EPS (both in GBP)

= 1.62 ÷ 0.12

13.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Strix Group is good value based on earnings compared to the GB Electronic industry average.
  • Strix Group is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Strix Group's expected growth come at a high price?
Raw Data
AIM:KETL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
5.9%per year
United Kingdom of Great Britain and Northern Ireland Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 2.1x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 575 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

AIM:KETL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.31x ÷ 5.9%

2.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Strix Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Strix Group's assets?
Raw Data
AIM:KETL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £-0.07
AIM:KETL Share Price * AIM (2019-05-21) in GBP £1.62
United Kingdom of Great Britain and Northern Ireland Electronic Industry PB Ratio Median Figure of 33 Publicly-Listed Electronic Companies 2.16x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,368 Publicly-Listed Companies 1.5x
AIM:KETL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:KETL Share Price ÷ Book Value per Share (both in GBP)

= 1.62 ÷ -0.07

-24.93x

* Primary Listing of Strix Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Strix Group has negative assets, we can't compare the value of its assets to the GB Electronic industry average.
X
Value checks
We assess Strix Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Strix Group has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

KETL Future Performance

 How is Strix Group expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Strix Group expected to grow at an attractive rate?
  • Strix Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Strix Group's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Strix Group's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:KETL Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:KETL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 5.9%
AIM:KETL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 7%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Earnings Growth Rate Market Cap Weighted Average 8.7%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:KETL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:KETL Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 116 41 27 4
2020-12-31 107 38 26 4
2019-12-31 100 33 23 4
AIM:KETL Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 94 35 23
2018-09-30 93 34 23
2018-06-30 92 34 23
2018-03-31 92 34 24
2017-12-31 91 34 25
2017-09-30 91 34 24
2017-06-30 91 34 23
2017-03-31 90 33 23
2016-12-31 89 32 22

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Strix Group's earnings are expected to grow by 5.9% yearly, however this is not considered high growth (20% yearly).
  • Strix Group's revenue is expected to grow by 7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:KETL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Strix Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:KETL Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.15 0.17 0.14 2.00
2020-12-31 0.14 0.15 0.13 2.00
2019-12-31 0.13 0.14 0.12 2.00
AIM:KETL Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 0.12
2018-09-30 0.12
2018-06-30 0.12
2018-03-31 0.12
2017-12-31 0.13
2017-09-30 0.13
2017-06-30
2017-03-31
2016-12-31 0.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Strix Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Strix Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Strix Group has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

KETL Past Performance

  How has Strix Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Strix Group's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Strix Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Strix Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Strix Group's 1-year earnings growth is negative, it can't be compared to the GB Electronic industry average.
Earnings and Revenue History
Strix Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Strix Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:KETL Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 93.77 23.19 8.43
2018-09-30 92.84 23.00 8.37
2018-06-30 91.92 22.81 8.31
2018-03-31 91.59 23.72 8.40
2017-12-31 91.26 24.63 8.48
2017-09-30 91.29 23.83 8.33
2017-06-30 91.32 23.03 8.18
2017-03-31 89.99 22.60 8.35
2016-12-31 88.65 22.18 8.52
2015-12-31 79.92 21.83 9.50
2014-12-31 78.09 26.14 9.46

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Strix Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Strix Group used its assets more efficiently than the GB Electronic industry average last year based on Return on Assets.
  • Strix Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Strix Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Strix Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

KETL Health

 How is Strix Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Strix Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Strix Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Strix Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Strix Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Strix Group has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Strix Group Company Filings, last reported 4 months ago.

AIM:KETL Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -12.38 41.00 13.52
2018-09-30 -12.38 41.00 13.52
2018-06-30 -25.43 48.00 10.09
2018-03-31 -25.43 48.00 10.09
2017-12-31 -32.46 56.00 10.11
2017-09-30 -32.46 56.00 10.11
2017-06-30 259.37 145.70 13.55
2017-03-31 259.37 145.70 13.55
2016-12-31 250.29 0.00 10.96
2015-12-31 227.22 143.87 10.18
2014-12-31 205.17 142.23 10.08
  • Strix Group has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Strix Group's debt level has increased considering it has negative shareholder equity.
  • Debt is well covered by operating cash flow (85.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 19.5x coverage).
X
Financial health checks
We assess Strix Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Strix Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

KETL Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.79%
Current annual income from Strix Group dividends. Estimated to be 4.96% next year.
If you bought £2,000 of Strix Group shares you are expected to receive £116 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Strix Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2%).
  • Strix Group's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.27%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:KETL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Electronic Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 1.6%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:KETL Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.08 4.00
2020-12-31 0.08 4.00
2019-12-31 0.08 4.00
AIM:KETL Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-04-30 0.094 5.925
2019-03-21 0.094 5.752
2018-09-19 0.070 4.754
2018-04-13 0.070 4.498
2018-03-22 0.070 5.442
2017-09-27 0.070 5.037

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Strix Group has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Strix Group only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of Strix Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (2x coverage).
X
Income/ dividend checks
We assess Strix Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Strix Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Strix Group has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

KETL Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mark Victor Bartlett
COMPENSATION £224,000
AGE 53
CEO Bio

Mr. Mark Victor Edward Bartlett serves as Chief Executive Officer of Strix Group Plc. Mr. Bartlett joined Strix in 2006. He leads the organisation, setting the strategic direction and policy and works closely with his leadership team to translate Strix's strategy into tangible results. His experience includes various positions ranging from Engineering Director through to Managing Director for multinationals in Europe and the Americas, with his most recent positions being Managing Director of a company within the Ametek Inc. Group and latterly ABS Waste Water Limited. He serves as a Director of Strix Group Plc, Strix Investments Limited, George Bond Limited, George Mezz Limited, Sterna Group Limited and Strix Group Limited.

CEO Compensation
  • Insufficient data for Mark Victor to compare compensation growth.
  • Mark Victor's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Mark Victor Bartlett

TITLE
CEO & Director
COMPENSATION
£224K
AGE
53

Raudres Wong

TITLE
CFO & Director
COMPENSATION
£171K
AGE
55

Frank Gao

TITLE
Chief Operating Officer

Simon Charlesworth

TITLE
Sales Director

Pauline McGee

TITLE
Director of Group HR
TENURE
1.8 yrs

Harry Kyriacou

TITLE
Chief Commercial Officer
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure and age of the Strix Group board of directors in years:

1.8
Average Tenure
52
Average Age
  • The average tenure for the Strix Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Gary Lamb

TITLE
Non-Executive Chairman
COMPENSATION
£32K
AGE
51
TENURE
1.2 yrs

Mark Victor Bartlett

TITLE
CEO & Director
COMPENSATION
£224K
AGE
53
TENURE
1.8 yrs

Raudres Wong

TITLE
CFO & Director
COMPENSATION
£171K
AGE
55
TENURE
1.8 yrs

Mark Kirkland

TITLE
Non-Executive Director
COMPENSATION
£21K
AGE
50
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess Strix Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Strix Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

KETL News

Simply Wall St News

Does Strix Group's (LON:KETL) Share Price Gain of 10% Match Its Business Performance?

To wit, the Strix Group Plc (LON:KETL) share price is 10% higher than it was a year ago, much better than the market return of around -5.0% (not including dividends) in the same period. … During the last year, Strix Group actually saw its earnings per share drop 5.9%. … As it happens, Strix Group's TSR for the last year was 15%, which exceeds the share price return mentioned earlier.

Simply Wall St -

An Intrinsic Calculation For Strix Group Plc (LON:KETL) Suggests It's 21% Undervalued

Does the May share price for Strix Group Plc (LON:KETL) reflect what it's really worth? … Today, we will estimate the stock's intrinsic value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St -

What Kind Of Shareholder Owns Most Strix Group Plc (LON:KETL) Stock?

We also tend to see lower insider ownership in companies that were previously publicly owned. … With a market capitalization of UK£314m, Strix Group is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that.

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Will Strix Group Plc's (LON:KETL) Earnings Grow Over The Next Few Years?

The latest earnings release Strix Group Plc's (LON:KETL) announced in December 2018a

Simply Wall St -

Do You Know What Strix Group Plc's (LON:KETL) P/E Ratio Means?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … We'll look at Strix Group Plc's (LON:KETL) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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Should You Buy Strix Group Plc (LON:KETL) For Its Dividend?

Strix Group Plc (LON:KETL) has begun paying dividends recently. … Let's take a look at Strix Group in more detail. … Check out our latest analysis for Strix Group

Simply Wall St -

Strix Group Plc (LON:KETL): The Return Story

and looking to gauge the potential return on investment in Strix Group Plc (LON:KETL). … Therefore, looking at how efficiently Strix Group is able to use capital to create earnings will help us understand your potential return. … Strix Group's Return On Capital Employed

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Strix Group Plc (LON:KETL) Is Trading At A 24.28% Discount

Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of Strix Group Plc (LON:KETL) as an investment opportunity. … by taking the foreast future cash flows of the company and discounting them back to today's value. … discounted cash flows (DCF).

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Should You Be Tempted To Buy Strix Group Plc (LON:KETL) Because Of Its PE Ratio?

I am writing today to help inform people who are new to the stock market. … and want to learn about the link between company’s fundamentals and stock market performance. … Strix Group Plc (LON:KETL) is trading with a trailing P/E of 13, which is lower than the industry average of 17.1.

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Is Strix Group Plc (LON:KETL) A Great Dividend Stock?

In the past, Strix Group Plc (LON:KETL) has returned an average of 5.00% per year to investors in the form of dividend payouts. … Check out our latest analysis for Strix Group … How I analyze a dividend stock

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KETL Company Info

Description

Strix Group Plc manufactures and sells kettle safety controls and other components worldwide. The company offers thermostatic controls, cordless interfaces, water jugs, and filters. It also provides water heating, temperature and steam-management devices, such as steam boilers, instant flow heaters, and turbo toasters. The company was incorporated in 2017 and is headquartered in Ballasalla, the Isle of Man.

Details
Name: Strix Group Plc
KETL
Exchange: AIM
Founded: 2017
£308,180,000
190,000,000
Website: http://www.strixplc.com
Address: Strix Group Plc
Forrest House,
Ronaldsway,
Ballasalla,
IM9 2RG,
Isle of Man
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM KETL Ordinary Shares London Stock Exchange AIM Market GB GBP 08. Aug 2017
DB SG9 Ordinary Shares Deutsche Boerse AG DE EUR 08. Aug 2017
BST SG9 Ordinary Shares Boerse-Stuttgart DE EUR 08. Aug 2017
Number of employees
Current staff
Staff numbers
0
Strix Group employees.
Industry
Electronic Components
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 22:44
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/04/03
Last earnings filing: 2019/04/30
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.