| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
CKN Overview
Clarkson PLC provides integrated shipping services worldwide.
Share Price & News
How has Clarkson's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CKN is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CKN's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-1.8%
CKN
4.6%
GB Shipping
-1.0%
GB Market
1 Year Return
49.9%
CKN
138.7%
GB Shipping
19.2%
GB Market
Return vs Industry: CKN underperformed the UK Shipping industry which returned 138.7% over the past year.
Return vs Market: CKN exceeded the UK Market which returned 19.2% over the past year.
Shareholder returns
| CKN | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.8% | 4.6% | -1.0% |
| 30 Day | 6.7% | 8.2% | -2.2% |
| 90 Day | 23.2% | 14.7% | 0.5% |
| 1 Year | 55.3%49.9% | 143.7%138.7% | 24.1%19.2% |
| 3 Year | 54.9%41.5% | 172.6%137.4% | 15.3%2.5% |
| 5 Year | 100.9%74.3% | 219.6%167.6% | 35.4%10.7% |
Long-Term Price Volatility Vs. Market
How volatile is Clarkson's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Do These 3 Checks Before Buying Clarkson PLC (LON:CKN) For Its Upcoming Dividend1 month ago | Simply Wall St
Calculating The Intrinsic Value Of Clarkson PLC (LON:CKN)1 month ago | Simply Wall St
Did Clarkson PLC (LON:CKN) Insiders Buy Up More Shares?Clarkson Fundamentals Summary
| CKN fundamental statistics | |
|---|---|
| Market Cap | UK£1.16b |
| Earnings (TTM) | -UK£25.00m |
| Revenue (TTM) | UK£367.90m |
3.1x
P/S Ratio-46.2x
P/E RatioIs CKN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CKN income statement (TTM) | |
|---|---|
| Revenue | UK£367.90m |
| Cost of Revenue | UK£15.00m |
| Gross Profit | UK£352.90m |
| Expenses | UK£377.90m |
| Earnings | -UK£25.00m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.82 |
| Gross Margin | 95.92% |
| Net Profit Margin | -6.80% |
| Debt/Equity Ratio | 0% |
How did CKN perform over the long term?
See historical performance and comparisonDividends
2.1%
Current Dividend Yield-98%
Payout RatioValuation
Is Clarkson undervalued compared to its fair value and its price relative to the market?
3.46x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CKN (£38) is trading above our estimate of fair value (£32.2)
Significantly Below Fair Value: CKN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CKN is unprofitable, so we can't compare its PE Ratio to the European Shipping industry average.
PE vs Market: CKN is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CKN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CKN is overvalued based on its PB Ratio (3.5x) compared to the XE Shipping industry average (1.4x).
Future Growth
How is Clarkson forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
45.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CKN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: CKN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CKN's is expected to become profitable in the next 3 years.
Revenue vs Market: CKN's revenue (4.4% per year) is forecast to grow slower than the UK market (5% per year).
High Growth Revenue: CKN's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CKN's Return on Equity is forecast to be low in 3 years time (11.8%).
Past Performance
How has Clarkson performed over the past 5 years?
-53.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CKN is currently unprofitable.
Growing Profit Margin: CKN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CKN is unprofitable, and losses have increased over the past 5 years at a rate of 53.2% per year.
Accelerating Growth: Unable to compare CKN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CKN is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (70.7%).
Return on Equity
High ROE: CKN has a negative Return on Equity (-6.05%), as it is currently unprofitable.
Financial Health
How is Clarkson's financial position?
Financial Position Analysis
Short Term Liabilities: CKN's short term assets (£254.3M) exceed its short term liabilities (£141.3M).
Long Term Liabilities: CKN's short term assets (£254.3M) exceed its long term liabilities (£63.0M).
Debt to Equity History and Analysis
Debt Level: CKN is debt free.
Reducing Debt: CKN has no debt compared to 5 years ago when its debt to equity ratio was 6.3%.
Debt Coverage: CKN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CKN has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Clarkson current dividend yield, its reliability and sustainability?
2.13%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CKN's dividend (2.13%) is higher than the bottom 25% of dividend payers in the UK market (1.34%).
High Dividend: CKN's dividend (2.13%) is low compared to the top 25% of dividend payers in the UK market (3.92%).
Stability and Growth of Payments
Stable Dividend: CKN's dividend payments have been volatile in the past 10 years.
Growing Dividend: CKN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: CKN is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: CKN's dividends in 3 years are forecast to be covered by earnings (64.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.4yrs
Average management tenure
CEO
Andi Case (54 yo)
13.25yrs
Tenure
UK£3,150,000
Compensation
Mr. Andi L Case has been the Chief Executive Officer at Clarkson plc since June 17, 2008. Mr. Case served as an Interim Chief Executive of Clarkson plc from May 7, 2008 to June 2008 and served as its Chief...
CEO Compensation Analysis
Compensation vs Market: Andi's total compensation ($USD4.33M) is above average for companies of similar size in the UK market ($USD1.35M).
Compensation vs Earnings: Andi's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CKN's management team is seasoned and experienced (8.4 years average tenure).
Board Members
Experienced Board: CKN's board of directors are not considered experienced ( 3 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Clarkson PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Clarkson PLC
- Ticker: CKN
- Exchange: LSE
- Founded: 1852
- Industry: Marine
- Sector: Transportation
- Market Cap: UK£1.155b
- Shares outstanding: 30.40m
- Website: https://www.clarksons.com
Number of Employees
Location
- Clarkson PLC
- Commodity Quay
- St. Katharine Docks
- London
- Greater London
- E1W 1BF
- United Kingdom
Listings
Biography
Clarkson PLC provides integrated shipping services worldwide. It operates through four segments: Broking, Financial, Support, and Research. The Broking segment provides services to ship owners and chartere...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 17:32 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.