Fulcrum Utility Services
Market Cap
UK£58.7m
Last Updated
2019/06/19 21:19 UTC
Data Sources
Company Financials +
Executive Summary
Fulcrum Utility Services Limited provides multi-utility infrastructure and related services in the United Kingdom.
Snowflake
Fundamentals
Excellent balance sheet average dividend payer.
Risks
- Fulcrum Utility Services has significant price volatility in the past 3 months.
- Fulcrum Utility Services's last earnings update was 197 days ago.
- Fulcrum Utility Services is covered by less than 3 analysts.
Share Price & News
How has Fulcrum Utility Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
19.1%
AIM:FCRM
19.1%
GB Gas Utilities
0.1%
GB Market
1 Year Return
-64.6%
AIM:FCRM
-64.6%
GB Gas Utilities
-3.1%
GB Market
FCRM underperformed the Gas Utilities industry which returned 11.5% over the past year.
FCRM underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -2.2% over the past year.
Share holder returns
| FCRM | Industry | Market | |
|---|---|---|---|
| 7 Day | 19.1% | 19.1% | 0.1% |
| 30 Day | 9.3% | 9.3% | 1.2% |
| 90 Day | -23.7% | -23.7% | 0.8% |
| 1 Year | -63.2%-64.6% | -63.2%-64.6% | 1.3%-3.1% |
| 3 Year | -25.7%-32.9% | -25.7%-32.9% | 31.3%15.2% |
| 5 Year | 291.7%241.9% | 291.7%241.9% | 32.6%5.4% |
Price Volatility Vs. Market
How volatile is Fulcrum Utility Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
27 minutes ago | Simply Wall St
How Much Of Fulcrum Utility Services Limited (LON:FCRM) Do Insiders Own?3 weeks ago | Simply Wall St
Why We Like Fulcrum Utility Services Limited’s (LON:FCRM) 17% Return On Capital Employed1 month ago | Simply Wall St
Need To Know: Fulcrum Utility Services Limited (LON:FCRM) Insiders Have Been Buying SharesValuation
Is Fulcrum Utility Services undervalued based on future cash flows and its price relative to the stock market?
6.18x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Fulcrum Utility Services's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Fulcrum Utility Services's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Fulcrum Utility Services is good value based on earnings compared to the Europe Gas Utilities industry average.
Fulcrum Utility Services is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price Based on Expected Growth
Fulcrum Utility Services earnings are not expected to grow next year, we can't assess if its growth is good value.
Price Based on Value of Assets
Fulcrum Utility Services is overvalued based on assets compared to the Europe Gas Utilities industry average.
Next Steps
Future Growth
How is Fulcrum Utility Services expected to perform in the next 1 to 3 years based on estimates from 2 analysts?
-5.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Fulcrum Utility Services's revenue is expected to grow by 8% yearly, however this is not considered high growth (20% yearly).
Fulcrum Utility Services's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Fulcrum Utility Services's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Fulcrum Utility Services's earnings are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
Fulcrum Utility Services's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.2%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Fulcrum Utility Services will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Fulcrum Utility Services performed over the past 5 years?
50.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Fulcrum Utility Services has delivered over 20% year on year earnings growth in the past 5 years.
Fulcrum Utility Services's 1-year earnings growth is less than its 5-year average (34.7% vs 50.8%)
Fulcrum Utility Services's earnings growth has exceeded the Europe Gas Utilities industry average in the past year (34.7% vs -4.3%).
Return on Equity
Fulcrum Utility Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Fulcrum Utility Services used its assets more efficiently than the Europe Gas Utilities industry average last year based on Return on Assets.
Return on Capital Employed
Fulcrum Utility Services's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Fulcrum Utility Services's financial position?
Financial Position Analysis
Fulcrum Utility Services's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Fulcrum Utility Services's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Fulcrum Utility Services has no debt.
Fulcrum Utility Services currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Fulcrum Utility Services has no debt, it does not need to be covered by operating cash flow.
Fulcrum Utility Services has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
High level of physical assets or inventory.
Fulcrum Utility Services has no debt, it does not need to be covered by short term assets.
Next Steps
Dividend
What is Fulcrum Utility Services's current dividend yield, its reliability and sustainability?
8.62%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Fulcrum Utility Services's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.99%).
Fulcrum Utility Services's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.43%).
Whilst dividend payments have been stable, Fulcrum Utility Services has been paying a dividend for less than 10 years.
Dividend payments have increased, but Fulcrum Utility Services only paid a dividend in the past 4 years.
Current Payout to Shareholders
Dividends paid are covered by earnings (2x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be covered by earnings (1.6x coverage).
Next Steps
Management
What is the CEO of Fulcrum Utility Services's salary, the management and board of directors tenure and is there insider trading?
1.8yrs
Average management tenure
CEO
Martin Harrison (48yo)
1.8yrs
Tenure
UK£293,000
Compensation
Mr. Martin John Harrison has been the Chief Executive Officer of Fulcrum Utility Services Limited since August 1, 2017 and serves as its Executive Director. Mr. Harrison has been the Group Chief Financial ...
CEO Compensation Analysis
Martin's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Martin's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
1.8yrs
Average Tenure
48yo
Average Age
The average tenure for the Fulcrum Utility Services management team is less than 2 years, this suggests a new team.
Board Age and Tenure
1.7yrs
Average Tenure
53yo
Average Age
The average tenure for the Fulcrum Utility Services board of directors is less than 3 years, this suggests a new board.
Insider Trading
More shares have been bought than sold by Fulcrum Utility Services insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors |
| Shares | 30,000 |
| Max Price | UK£0.34 |
| Entity | Individual |
| Role | Chairman of the Board |
| Shares | 50,000 |
| Max Price | UK£0.34 |
| Entity | Individual |
| Role | CEO & executive Director Member of the Board of Directors |
| Shares | 56,543 |
| Max Price | UK£0.35 |
| Entity | Individual |
| Role | Chairman of the Board |
| Shares | 50,000 |
| Max Price | UK£0.52 |
| Entity | Individual |
| Role | CEO & executive Director Member of the Board of Directors |
| Shares | 88,014 |
| Max Price | UK£0.51 |
| Entity | Individual |
| Role | CFO & Executive Director Member of the Board of Directors |
| Shares | 38,182 |
| Max Price | UK£0.52 |
Ownership Breakdown
Management Team
Richard Jupp (54yo)
Chief Operations Officer of Dunamis
Martin Harrison (48yo)
CEO & executive Director
- Tenure: 1.8yrs
- Compensation: £293.00k
Ian Foster (51yo)
COO & Executive Director
- Tenure: 1.9yrs
- Compensation: £16.26m
Hazel Griffiths (36yo)
CFO & Executive Director
- Tenure: 1.4yrs
- Compensation: £111.00k
Craig Baugh (35yo)
Head of Marketing & Customer Engagement
Board Members
Phil Holder (69yo)
Non-Executive Chairman
- Compensation: £76.00k
Steve Gutteridge (63yo)
Non-Executive Director
- Tenure: 8.9yrs
- Compensation: £40.00k
Wayne Hayes (55yo)
Non-Executive Director
- Tenure: 1.3yrs
- Compensation: £7.00k
Martin Harrison (48yo)
CEO & executive Director
- Compensation: £293.00k
Ian Foster (51yo)
COO & Executive Director
- Tenure: 1.9yrs
- Compensation: £16.26m
Hazel Griffiths (36yo)
CFO & Executive Director
- Tenure: 1.4yrs
- Compensation: £111.00k
Company Information
Fulcrum Utility Services Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fulcrum Utility Services Limited
- Ticker: FCRM
- Exchange: AIM
- Founded: 2008
- Industry: gas utilities
- Sector: utilities
- Market Cap: UK£58.730m
- Shares outstanding: 221.62m
- Website: Click here
Number of Employees
Location
- Fulcrum Utility Services Limited
- Sheffield Business Park
- 2 Europa View
- Sheffield
- South Yorkshire
- S9 1XH
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FCRM | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Dec 2009 |
Biography
Fulcrum Utility Services Limited provides multi-utility infrastructure and related services in the United Kingdom. The company operates through three segments: Infrastructure Services, Gas Transportation, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/06/19 21:19 |
| End of Day Share Price | 2019/06/19 00:00 |
| Earnings | 2018/09/30 |
| Annual Earnings | 2018/03/31 |
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.