Applegreen plc operates motorway service areas and petrol filling stations in Ireland, the United Kingdom, and the United States.
Solid track record with moderate growth potential.
Share Price & News
How has Applegreen's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: APGN's share price has been volatile over the past 3 months.
7 Day Return
IE Specialty Retail
1 Year Return
IE Specialty Retail
Return vs Industry: APGN underperformed the Irish Specialty Retail industry which returned 0.2% over the past year.
Return vs Market: APGN underperformed the Irish Market which returned 5.3% over the past year.
Price Volatility Vs. Market
How volatile is Applegreen's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Applegreen undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: APGN (€4) is trading above our estimate of fair value (€3.1)
Significantly Below Fair Value: APGN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: APGN is poor value based on its PE Ratio (21.7x) compared to the Specialty Retail industry average (12.1x).
PE vs Market: APGN is poor value based on its PE Ratio (21.7x) compared to the Irish market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: APGN is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: APGN is overvalued based on its PB Ratio (1.6x) compared to the XE Specialty Retail industry average (1.1x).
How is Applegreen forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APGN's forecast earnings growth (23.3% per year) is above the savings rate (0.7%).
Earnings vs Market: APGN's earnings (23.3% per year) are forecast to grow faster than the Irish market (15.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: APGN's revenue (4% per year) is forecast to grow slower than the Irish market (6.3% per year).
High Growth Revenue: APGN's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APGN's Return on Equity is forecast to be low in 3 years time (12.8%).
How has Applegreen performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APGN has high quality earnings.
Growing Profit Margin: APGN's current net profit margins (0.7%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: APGN's earnings have grown by 5.4% per year over the past 5 years.
Accelerating Growth: APGN's earnings growth over the past year (62.3%) exceeds its 5-year average (5.4% per year).
Earnings vs Industry: APGN earnings growth over the past year (62.3%) exceeded the Specialty Retail industry -0.2%.
Return on Equity
High ROE: Whilst APGN's Return on Equity (20.18%) is high, this metric is skewed due to their high level of debt.
How is Applegreen's financial position?
Financial Position Analysis
Short Term Liabilities: APGN's short term assets (€267.3M) do not cover its short term liabilities (€376.6M).
Long Term Liabilities: APGN's short term assets (€267.3M) do not cover its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: APGN's debt to equity ratio (477.6%) is considered high.
Reducing Debt: APGN's debt to equity ratio has increased from 304.1% to 477.6% over the past 5 years.
Debt Coverage: APGN's debt is well covered by operating cash flow (28.8%).
Interest Coverage: APGN's interest payments on its debt are not well covered by EBIT (1.4x coverage).
What is Applegreen's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate APGN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate APGN'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 APGN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if APGN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: APGN is not paying a notable dividend for the Irish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of APGN's dividend in 3 years as they are not forecast to pay a notable one for the Irish market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Bob Etchingham (65yo)
Mr. Robert Etchingham, also known as Bob, serves as the Chief Executive Officer of Applegreen Plc and has been its Executive Director since November 19, 2010. Mr. Etchingham co-founded Petrogas Group Ltd. ...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD642.82K) is below average for companies of similar size in the Irish market ($USD1.16M).
Compensation vs Earnings: Bob's compensation has increased by more than 20% in the past year.
|CEO & Executive Director||no data||€568.00k||no data|
|CFO, Company Secretary & Director||2.25yrs||€379.00k||no data|
|COO & Executive Director||9.58yrs||€588.00k||no data|
|Independent Non-Executive Director||5.08yrs||€50.00k||0.035% €165.8k|
|Independent Non-Executive Chairman||5.08yrs||€80.00k||0.033% €155.6k|
|Independent Non-Executive Director||6.33yrs||€23.00k||0.038% €179.6k|
|Independent Non-Executive Director||5.83yrs||€20.00k||0.014% €63.8k|
Experienced Board: APGN's board of directors are considered experienced (5.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Applegreen plc's company bio, employee growth, exchange listings and data sources
- Name: Applegreen plc
- Ticker: APGN
- Exchange: ISE
- Founded: 1992
- Industry: Automotive Retail
- Sector: Retail
- Market Cap: UK£416.315m
- Listing Market Cap: UK£467.861m
- Shares outstanding: 120.67m
- Website: https://www.applegreenstores.com
Number of Employees
- Applegreen plc
- Parkwest Business Park
- Block 17
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|APGN||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Jun 2015|
|APGN||ISE (Irish Stock Exchange)||Yes||Ordinary Shares||IE||EUR||Jun 2015|
|APGN||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 2015|
|APGN||BST (Boerse-Stuttgart)||Yes||Ordinary Shares||DE||EUR||Jun 2015|
|APGNI||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jun 2015|
Applegreen plc operates motorway service areas and petrol filling stations in Ireland, the United Kingdom, and the United States. It operates in three segments: Retail Ireland, Retail UK, and Retail USA. The company operates as a roadside convenience food and beverage retailer that sells fuel, food, and other groceries under its Bakewell brands, as well as other partnered international brands, such as Burger King, Subway, Costa Coffee, Greggs, Lavazza, Chopstix, Freshii, 7-Eleven, Starbucks, KFC, Pret a Manger, Pizza Express, Waitrose, WH Smith, Harry Ramsden, Tossed and the Ramada, and Days Inn hotel. As of December 31, 2018, it operated 472 forecourt sites in the United Kingdom, Ireland, and the United States. The company was founded in 1992 and is headquartered in Dublin, Ireland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/06 00:18|
|End of Day Share Price||2020/06/05 00:00|
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.