ContourGlobal
Market Cap
UK£1.2b
Last Updated
2019/08/23 22:46 UTC
Data Sources
Company Financials +
Executive Summary
ContourGlobal plc, together with its subsidiaries, acquires, owns, develops, and operates wholesale power generation businesses in Europe, Latin America, Africa, and the Caribbean islands.
Snowflake
Fundamentals
Acceptable track record with moderate growth potential.
Share Price & News
How has ContourGlobal's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.2%
LSE:GLO
6.8%
GB Renewable Energy
1.4%
GB Market
1 Year Return
-22.1%
LSE:GLO
-28.9%
GB Renewable Energy
-5.7%
GB Market
GLO outperformed the Renewable Energy industry which returned -28.9% over the past year.
GLO underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5.7% over the past year.
Share holder returns
| GLO | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | 6.8% | 1.4% |
| 30 Day | -1.1% | -0.7% | -4.8% |
| 90 Day | -9.0% | -9.3% | -1.9% |
| 1 Year | -16.7%-22.1% | -25.4%-28.9% | -1.3%-5.7% |
| 3 Year | n/a | -12.2%-18.5% | 17.6%3.6% |
| 5 Year | n/a | -50.8%-56.7% | 24.6%-2.0% |
Price Volatility Vs. Market
How volatile is ContourGlobal's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
President Joseph Brandt Just Bought Shares In ContourGlobal plc (LON:GLO)2 weeks ago | Simply Wall St
Can ContourGlobal plc (LON:GLO) Improve Its Returns?1 month ago | Simply Wall St
Did Changing Sentiment Drive ContourGlobal's (LON:GLO) Share Price Down By 27%?Valuation
Is ContourGlobal undervalued based on future cash flows and its price relative to the stock market?
>50%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
ContourGlobal's share price is below the future cash flow value, and at a moderate discount (> 20%).
ContourGlobal's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
ContourGlobal is overvalued based on earnings compared to the Europe Renewable Energy industry average.
ContourGlobal is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price Based on Expected Growth
ContourGlobal is poor value based on expected growth next year.
Price Based on Value of Assets
ContourGlobal is overvalued based on assets compared to the GB Renewable Energy industry average.
Next Steps
Future Growth
How is ContourGlobal expected to perform in the next 1 to 3 years based on estimates from 5 analysts?
16.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
ContourGlobal's revenue is expected to grow by 3.9% yearly, however this is not considered high growth (20% yearly).
ContourGlobal's earnings are expected to grow by 16.9% yearly, however this is not considered high growth (20% yearly).
ContourGlobal's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
ContourGlobal's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
ContourGlobal's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Earnings per Share Growth Estimates
Future Return on Equity
ContourGlobal is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Next Steps
Past Performance
How has ContourGlobal performed over the past 5 years?
62.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
ContourGlobal has delivered over 20% year on year earnings growth in the past 5 years.
ContourGlobal's 1-year earnings growth is negative, it can't be compared to the 5-year average.
ContourGlobal's 1-year earnings growth is negative, it can't be compared to the Europe Renewable Energy industry average.
Return on Equity
ContourGlobal has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
ContourGlobal used its assets more efficiently than the Europe Renewable Energy industry average last year based on Return on Assets.
Return on Capital Employed
ContourGlobal has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is ContourGlobal's financial position?
Financial Position Analysis
ContourGlobal is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
ContourGlobal's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
ContourGlobal's level of debt (604.7%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (437.8% vs 604.7% today).
Debt is not well covered by operating cash flow (16.1%, less than 20% of total debt).
Interest payments on debt are not well covered by earnings (EBIT is 1.7x annual interest expense, ideally 3x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.3x debt.
Next Steps
Dividend
What is ContourGlobal's current dividend yield, its reliability and sustainability?
7.50%
Expected Dividend Yield
Dividend Yield and Payments Analysis
ContourGlobal's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.06%).
ContourGlobal's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.62%).
It is too early to tell whether ContourGlobal has stable dividend payments.
ContourGlobal only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to Shareholders
Dividends paid are not well covered by earnings (0.2x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be covered by earnings (1.5x coverage).
Next Steps
Management
What is the CEO of ContourGlobal's salary, the management and board of directors tenure and is there insider trading?
6.6yrs
Average management tenure
CEO
Joe Brandt (53yo)
14.6yrs
Tenure
US$1,854,000
Compensation
Mr. Joseph C. Brandt, also known as Joe, has been Chief Executive Officer and President of Contour Global GP Ltd - General Partner of Contour Global Bonaire since 2005. He serves as Chief Executive Officer ...
CEO Compensation Analysis
Joe's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Joe's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
6.6yrs
Average Tenure
53yo
Average Age
The average tenure for the ContourGlobal management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
4.3yrs
Average Tenure
60yo
Average Age
The tenure for the ContourGlobal board of directors is about average.
Insider Trading
More shares have been bought than sold by ContourGlobal individual insiders in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 47,400 |
| Max Price | US$1.66 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 18,185 |
| Max Price | US$1.97 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 10,085 |
| Max Price | US$2.06 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 6,200 |
| Max Price | US$2.05 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 605 |
| Max Price | US$1.94 |
Ownership Breakdown
Management Team
Joe Brandt (53yo)
President
- Tenure: 14.6yrs
- Compensation: US$1.85m
Karl Schnadt (63yo)
Executive VP & COO of Contour Global GP Ltd
- Tenure: 7.8yrs
Garry Levesley (57yo)
Executive VP of Eastern Europe & CEO of Kosovo Development Project - Contour Global GP Ltd
- Tenure: 0.0yrs
Sarah Flanigan
Executive Vice President of Global Human Resources
- Tenure: 0.0yrs
Jean-Christophe Juillard (50yo)
Executive VP & CFO of Contour Global GP Ltd
- Tenure: 6.6yrs
Alessandra Marinheiro (44yo)
Executive VP of Business Dev. & CEO of Latin America São Paulo – Brazil of ContourGlobal GP Ltd
- Tenure: 0.0yrs
Stefan Schellinger
EVP, Global CFO & Director of Contour Global GP Ltd
- Tenure: 0.6yrs
Amanda Schreiber (45yo)
Executive VP
- Tenure: 5.7yrs
Cheick-Oumar Sylla (58yo)
Executive Vice President of Business Development for Africa - Contour Global GP Ltd
- Tenure: 0.0yrs
Michael Kuperman
Global Chief Information Officer & COO of Renewables Division
- Tenure: 0.0yrs
Board Members
Alan Gillespie (69yo)
Non-Executive Director
- Tenure: 1.8yrs
- Compensation: US$100.00k
Craig Huff (54yo)
Chairman of Contour Global GP Ltd
- Tenure: 13.6yrs
- Compensation: US$333.00k
Joe Brandt (53yo)
President
- Tenure: 14.6yrs
- Compensation: US$1.85m
Daniel Camus (67yo)
Director of Contour Global GP Ltd
- Tenure: 3.3yrs
- Compensation: US$89.00k
Ronald Trächsel (60yo)
Director of Contour Global GP Ltd
- Tenure: 4.3yrs
- Compensation: US$89.00k
Gregg Zeitlin (50yo)
Director of Contour Global GP Ltd
- Tenure: 11.6yrs
- Compensation: US$73.00k
Linda Cairnie (65yo)
Independent Non- Executive Director
- Tenure: 1.6yrs
- Compensation: US$73.00k
Stefan Schellinger
EVP, Global CFO & Director of Contour Global GP Ltd
- Tenure: 0.6yrs
Erik Akhund (62yo)
Director of Contour Global GP Ltd
- Tenure: 9.6yrs
Eric Engler (36yo)
Director of Contour Global GP Ltd
- Tenure: 5.6yrs
Company Information
ContourGlobal plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ContourGlobal plc
- Ticker: GLO
- Exchange: LSE
- Founded: 2005
- Industry: Independent Power Producers and Energy Traders
- Sector: Utilities
- Market Cap: UK£1.184b
- Shares outstanding: 670.71m
- Website: https://www.contourglobal.com
Number of Employees
Location
- ContourGlobal plc
- 116 Park Street
- Park House
- London
- Greater London
- W1K 6SS
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GLO | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Nov 2017 |
| C94 | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | Nov 2017 |
| GLOL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Nov 2017 |
Biography
ContourGlobal plc, together with its subsidiaries, acquires, owns, develops, and operates wholesale power generation businesses in Europe, Latin America, Africa, and the Caribbean islands. The company oper ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/23 22:46 |
| End of Day Share Price | 2019/08/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.