AIM:PIP

Stock Analysis Report

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Executive Summary

PipeHawk plc engages in the development, assembly, and sale of ground probing radar (GPR) equipment, and test system solutions; and provision of GPR based services and the undertaking of complementary research and development assignments in the United Kingdom, Europe, and internationally. More Details


Snowflake Analysis

Proven track record and slightly overvalued.

Share Price & News

How has PipeHawk's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PIP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.7%

PIP

-3.5%

GB Electronic

-5.1%

GB Market


1 Year Return

44.3%

PIP

19.4%

GB Electronic

-20.0%

GB Market

Return vs Industry: PIP exceeded the UK Electronic industry which returned 20.9% over the past year.

Return vs Market: PIP exceeded the UK Market which returned -19.3% over the past year.


Shareholder returns

PIPIndustryMarket
7 Day-6.7%-3.5%-5.1%
30 Day12.0%0.5%-4.3%
90 Day75.0%8.1%-4.5%
1 Year44.3%44.3%20.4%19.4%-17.0%-20.0%
3 Year86.7%86.7%35.1%29.8%-13.6%-24.3%
5 Year1.8%1.8%141.2%124.1%10.2%-14.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

4.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PIP's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PIP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PIP is good value based on its PE Ratio (4.1x) compared to the GB Electronic industry average (27.5x).

PE vs Market: PIP is good value based on its PE Ratio (4.1x) compared to the UK market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PIP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PIP has negative assets, so we can't compare its PB Ratio to the GB Electronic industry average.


Next Steps

Future Growth

How is PipeHawk forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.3%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as PipeHawk has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has PipeHawk performed over the past 5 years?

68.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PIP has a high level of non-cash earnings.

Growing Profit Margin: PIP's current net profit margins (7.1%) are higher than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: PIP has become profitable over the past 5 years, growing earnings by 68.9% per year.

Accelerating Growth: PIP's earnings growth over the past year (88.2%) exceeds its 5-year average (68.9% per year).

Earnings vs Industry: PIP earnings growth over the past year (88.2%) exceeded the Electronic industry -2.1%.


Return on Equity

High ROE: PIP's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is PipeHawk's financial position?


Financial Position Analysis

Short Term Liabilities: PIP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: PIP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: PIP has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: PIP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: PIP's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PIP's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


Next Steps

Dividend

What is PipeHawk current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PIP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PIP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PIP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PIP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PIP'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?

UK£71k

CEO Compensation


CEO

Gordon Watt (67 yo)

no data

Tenure

UK£71,000

Compensation

Mr. Gordon G. Watt, BA, FCA, FRSA, serves as Chief Executive Officer of Pipehawk PLC and has been its Executive Chairman since January 2003. Mr. Watt served as Finance Director of Pipehawk PLC since Decemb ...


CEO Compensation Analysis

Compensation vs Market: Gordon's total compensation ($USD91.99K) is below average for companies of similar size in the UK market ($USD349.56K).

Compensation vs Earnings: Gordon's compensation has been consistent with company performance over the past year.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PipeHawk plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PipeHawk plc
  • Ticker: PIP
  • Exchange: AIM
  • Founded: 2000
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: UK£2.440m
  • Shares outstanding: 34.86m
  • Website: https://www.pipehawk.com

Number of Employees


Location

  • PipeHawk plc
  • 4 Manor Park Industrial Estate
  • Wyndham Street
  • Aldershot
  • Hampshire
  • GU12 4NZ
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PIPAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPDec 2000

Biography

PipeHawk plc engages in the development, assembly, and sale of ground probing radar (GPR) equipment, and test system solutions; and provision of GPR based services and the undertaking of complementary rese ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 21:49
End of Day Share Price2020/10/30 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.