De La Rue plc designs, manufactures, and delivers banknotes in the United Kingdome, the Middle East, Africa, Asia, the Americas, Rest of Europe, and internationally.
Reasonable growth potential and fair value.
Share Price & News
How has De La Rue's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DLUE.Y has not had significant price volatility in the past 3 months.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: DLUE.Y underperformed the US Commercial Services industry which returned 14.7% over the past year.
Return vs Market: DLUE.Y underperformed the US Market which returned 10.5% over the past year.
Price Volatility Vs. Market
How volatile is De La Rue's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is De La Rue undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DLUE.Y ($5.62) is trading below our estimate of fair value ($15.57)
Significantly Below Fair Value: DLUE.Y is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DLUE.Y is poor value based on its PE Ratio (49.3x) compared to the Commercial Services industry average (27.1x).
PE vs Market: DLUE.Y is poor value based on its PE Ratio (49.3x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: DLUE.Y is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: DLUE.Y has negative assets, so we can't compare its PB Ratio to the US Commercial Services industry average.
How is De La Rue forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DLUE.Y's forecast earnings growth (102.7% per year) is above the savings rate (1.7%).
Earnings vs Market: DLUE.Y's earnings (102.7% per year) are forecast to grow faster than the US market (13.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DLUE.Y's revenue is expected to decline over the next 3 years (-13.3% per year).
High Growth Revenue: DLUE.Y's revenue is forecast to decline over the next 3 years (-13.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DLUE.Y's Return on Equity is forecast to be very high in 3 years time (163.4%).
How has De La Rue performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DLUE.Y has a high level of non-cash earnings.
Growing Profit Margin: DLUE.Y's current net profit margins (0.6%) are lower than last year (16.9%).
Past Earnings Growth Analysis
Earnings Trend: DLUE.Y's earnings have grown by 1.5% per year over the past 5 years.
Accelerating Growth: DLUE.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DLUE.Y had negative earnings growth (-96.4%) over the past year, making it difficult to compare to the Commercial Services industry average (-7.9%).
Return on Equity
High ROE: DLUE.Y's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
How is De La Rue's financial position?
Financial Position Analysis
Short Term Liabilities: DLUE.Y has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DLUE.Y 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: DLUE.Y has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DLUE.Y's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DLUE.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DLUE.Y's interest payments on its debt are well covered by EBIT (11.6x coverage).
Inventory Level: DLUE.Y has a high level of physical assets or inventory.
Debt Coverage by Assets: DLUE.Y has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
What is De La Rue's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate DLUE.Y's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate DLUE.Y's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DLUE.Y's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DLUE.Y's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DLUE.Y is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DLUE.Y's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Clive Vacher 0
Mr. Clive Graham Vacher serves as Chief Executive Officer and Executive Director of De La Rue Plc since October 7, 2019. Mr. Vacher was the Chief Executive Officer, President at Dynex Power Inc. Mr. Vacher ...
|CEO & Executive Director||0.3yrs||no data||0.047% £93.6k|
|Chief Operating Officer||2.7yrs||no data||no data|
|Chief Technology Officer||0yrs||no data||0.033% £65.2k|
|Head of Investor Relations||0yrs||no data||no data|
|General Counsel & Company Secretary||0.08yrs||no data||no data|
|Group Communications Manager||0yrs||no data||no data|
|Group Director of Human Resources||5.8yrs||no data||0.028% £55.5k|
|Managing Director of Solutions Comprising Security Products and Identity Systems||0yrs||no data||no data|
|Managing Director of Currency||9.5yrs||no data||no data|
|Chief Commercial Officer||4.4yrs||no data||0.0019% £3.8k|
Experienced Management: DLUE.Y's management team is considered experienced (3.5 years average tenure).
|CEO & Executive Director||0.3yrs||no data||0.047% £93.6k|
|Independent Non-Executive Director||3.6yrs||UK£58.00k||0.018% £35.2k|
|Chairman||0.3yrs||no data||no data|
|Independent Non-Executive Director||18.6yrs||UK£50.00k||0.0046% £9.1k|
|Senior Independent Director||0.3yrs||UK£58.00k||0.0033% £6.5k|
Experienced Board: DLUE.Y's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
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.
De La Rue plc's company bio, employee growth, exchange listings and data sources
- Name: De La Rue plc
- Ticker: DLUE.Y
- Exchange: OTCPK
- Founded: 1813
- Industry: Commercial Printing
- Sector: Commercial Services
- Market Cap: UK£153.500m
- Listing Market Cap: UK£199.701m
- Shares outstanding: 104.00m
- Website: https://www.delarue.com
Number of Employees
- De La Rue plc
- De La Rue House
- Jays Close
- RG22 4BS
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DELR.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|DLAR||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jan 1992|
|DL1C||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|DLARL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Jan 1992|
|DLUE.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Jan 1993|
De La Rue plc designs, manufactures, and delivers banknotes in the United Kingdome, the Middle East, Africa, Asia, the Americas, Rest of Europe, and internationally. It operates through three segments: Currency, Identity Solutions, and Product Authentication and Traceability. The Currency segment offers printed banknotes, polymer substrates, and banknote security components. The Identity Solutions provides passport, e-passport, national ID and eID, driving license, and voter registration schemes. The Product Authentication and Traceability segment produces security documents, including authentication labels, brand licensing products, government documents, cheques, and postage stamps. The company also provides trading and non-trading, as well as insurance services. It serves the governments, central banks, and commercial organizations. The company was founded in 1813 and is headquartered in Basingstoke, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 23:50|
|End of Day Share Price||2020/02/25 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.