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Countrywide

OTCPK:CYWD.F
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CYWD.F
OTCPK
£92M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Countrywide plc, together with its subsidiaries, provides residential estate agency and property services in the United Kingdom. The last earnings update was 63 days ago. More info.


Add to Portfolio Compare Print
  • Countrywide has significant price volatility in the past 3 months.
CYWD.F Share Price and Events
7 Day Returns
0%
OTCPK:CYWD.F
-0.8%
US Real Estate
0.2%
US Market
1 Year Returns
-96.4%
OTCPK:CYWD.F
-16.5%
US Real Estate
2.9%
US Market
CYWD.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Countrywide (CYWD.F) 0% -63.2% - -96.4% -99% -
US Real Estate -0.8% -6.9% -9.9% -16.5% 14.5% 1%
US Market 0.2% -1.6% 2.4% 2.9% 36.1% 41%
1 Year Return vs Industry and Market
  • CYWD.F underperformed the Real Estate industry which returned -16.5% over the past year.
  • CYWD.F underperformed the Market in United States of America which returned 2.9% over the past year.
Price Volatility
CYWD.F
Industry
5yr Volatility vs Market

CYWD.F Value

 Is Countrywide undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Countrywide to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Countrywide.

OTCPK:CYWD.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:CYWD.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6.7%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.11
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.108 (1 + (1- 19%) (95.3%))
1.645
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.65
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.645 * 6.65%)
13.67%

Discounted Cash Flow Calculation for OTCPK:CYWD.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Countrywide is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:CYWD.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 13.67%)
2019 0.70 Analyst x2 0.62
2020 8.95 Analyst x2 6.93
2021 40.00 Analyst x1 27.23
2022 70.88 Est @ 77.19% 42.45
2023 109.76 Est @ 54.85% 57.84
2024 152.80 Est @ 39.22% 70.83
2025 195.99 Est @ 28.27% 79.93
2026 236.39 Est @ 20.61% 84.81
2027 272.42 Est @ 15.24% 85.99
2028 303.73 Est @ 11.49% 84.34
Present value of next 10 years cash flows £540.97
OTCPK:CYWD.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £303.73 × (1 + 2.73%) ÷ (13.67% – 2.73%)
£2,852.09
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £2,852.09 ÷ (1 + 13.67%)10
£791.97
OTCPK:CYWD.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £540.97 + £791.97
£1,332.94
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £1,332.94 / 1,636.11
£0.81
OTCPK:CYWD.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:CYWD.F represents 0.88496x of LSE:CWD
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88496x
Value per Share
(Listing Adjusted, USD)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 0.81 x 0.88496
$0.72
Value per share (USD) From above. $0.72
Current discount Discount to share price of $0.05
= -1 x ($0.05 - $0.72) / $0.72
93.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Countrywide is available for.
Intrinsic value
>50%
Share price is $0.05 vs Future cash flow value of $0.72097
Current Discount Checks
For Countrywide to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Countrywide's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Countrywide's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Countrywide's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Countrywide's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:CYWD.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £-0.31
LSE:CWD Share Price ** LSE (2019-04-26) in GBP £0.06
United States of America Real Estate Industry PE Ratio Median Figure of 26 Publicly-Listed Real Estate Companies 15.11x
United States of America Market PE Ratio Median Figure of 3,085 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Countrywide.

OTCPK:CYWD.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:CWD Share Price ÷ EPS (both in GBP)

= 0.06 ÷ -0.31

-0.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Countrywide is loss making, we can't compare its value to the US Real Estate industry average.
  • Countrywide is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Countrywide's expected growth come at a high price?
Raw Data
OTCPK:CYWD.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
115.8%per year
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.45x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Countrywide, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Countrywide's assets?
Raw Data
OTCPK:CYWD.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £0.13
LSE:CWD Share Price * LSE (2019-04-26) in GBP £0.06
United States of America Real Estate Industry PB Ratio Median Figure of 51 Publicly-Listed Real Estate Companies 1.51x
United States of America Market PB Ratio Median Figure of 5,201 Publicly-Listed Companies 1.84x
OTCPK:CYWD.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:CWD Share Price ÷ Book Value per Share (both in GBP)

= 0.06 ÷ 0.13

0.42x

* Primary Listing of Countrywide.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Countrywide is good value based on assets compared to the US Real Estate industry average.
X
Value checks
We assess Countrywide's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Countrywide has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CYWD.F Future Performance

 How is Countrywide expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
115.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Countrywide expected to grow at an attractive rate?
  • Countrywide's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Countrywide's earnings growth is expected to exceed the United States of America market average.
  • Countrywide's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:CYWD.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:CYWD.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 115.8%
OTCPK:CYWD.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts -1%
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 4.3%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:CYWD.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:CYWD.F Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 590 1
2021-12-31 596 42 17 2
2020-12-31 596 26 -2 4
2019-12-31 594 24 -9 4
OTCPK:CYWD.F Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 620 -10 -218
2018-09-30 627 4 -315
2018-06-30 633 17 -413
2018-03-31 648 30 -311
2017-12-31 663 43 -207
2017-09-30 677 30 -106
2017-06-30 692 19 -4
2017-03-31 709 14 7
2016-12-31 725 9 17
2016-09-30 738 26 35
2016-06-30 751 43 53
2016-03-31 736 45 47

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Countrywide's earnings are expected to grow significantly at over 20% yearly.
  • Countrywide's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:CYWD.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Countrywide Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CYWD.F Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 0.01 0.02 0.00 2.00
2020-12-31 0.00 0.00 0.00 2.00
2019-12-31 -0.01 0.00 -0.01 2.00
OTCPK:CYWD.F Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 -0.31
2018-09-30 -0.67
2018-06-30 -1.75
2018-03-31 -1.33
2017-12-31 -0.89
2017-09-30 -0.47
2017-06-30 -0.02
2017-03-31 0.03
2016-12-31 0.08
2016-09-30 0.16
2016-06-30 0.24
2016-03-31 0.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Countrywide will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Countrywide's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Countrywide has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CYWD.F Past Performance

  How has Countrywide performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Countrywide's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Countrywide does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Countrywide's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Countrywide's 1-year growth to the US Real Estate industry average as it is not currently profitable.
Earnings and Revenue History
Countrywide's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Countrywide Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CYWD.F Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 619.72 -218.16 439.82
2018-09-30 627.16 -315.41 441.35
2018-06-30 633.46 -413.40 441.25
2018-03-31 647.55 -310.73 444.11
2017-12-31 662.77 -207.34 448.61
2017-09-30 676.78 -106.32 454.33
2017-06-30 692.15 -4.37 462.83
2017-03-31 708.71 6.52 474.21
2016-12-31 725.26 17.40 485.59
2016-09-30 738.17 35.07 489.94
2016-06-30 751.09 52.74 494.30
2016-03-31 735.55 47.05 484.80
2015-12-31 720.02 41.35 475.30
2015-09-30 708.24 42.90 467.96
2015-06-30 696.46 44.45 460.63
2015-03-31 699.33 55.96 459.07
2014-12-31 702.20 67.48 457.51
2014-09-30 681.33 67.21 446.93
2014-06-30 660.46 66.93 436.35
2014-03-31 622.61 50.40 414.04
2013-12-31 584.77 33.87 391.72
2013-09-30 557.70 1.95 406.38
2013-06-30 534.20 -0.95 360.72
2013-03-31 534.03 1.80 360.32
2012-12-31 524.73 -3.42 357.45
2012-09-30 519.26 2.53 357.11
2012-06-30 520.26 -0.76 356.33

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Countrywide has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Countrywide has efficiently used its assets last year compared to the US Real Estate industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Countrywide improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Countrywide's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Countrywide has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CYWD.F Health

 How is Countrywide's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Countrywide's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Countrywide is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Countrywide's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Countrywide's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Countrywide Company Filings, last reported 4 months ago.

OTCPK:CYWD.F Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 220.27 88.10 17.43
2018-09-30 220.27 88.10 17.43
2018-06-30 83.92 244.88 37.86
2018-03-31 83.92 244.88 37.86
2017-12-31 306.43 214.84 22.53
2017-09-30 309.14 214.84 22.53
2017-06-30 517.97 254.60 36.00
2017-03-31 517.97 254.60 36.00
2016-12-31 479.55 295.59 45.33
2016-09-30 479.55 295.59 45.33
2016-06-30 508.37 351.39 88.70
2016-03-31 508.37 351.39 88.70
2015-12-31 544.58 209.25 24.34
2015-09-30 544.58 209.25 24.34
2015-06-30 530.60 209.01 29.16
2015-03-31 530.60 209.01 29.16
2014-12-31 531.57 131.71 28.58
2014-09-30 531.57 131.71 28.58
2014-06-30 545.58 117.58 43.48
2014-03-31 545.58 117.58 43.48
2013-12-31 521.24 84.74 36.33
2013-09-30 521.24 84.74 36.33
2013-06-30 457.17 73.47 51.40
2013-03-31 457.17 73.47 51.40
2012-12-31 242.30 250.15 46.54
2012-09-30 255.61 248.70 52.21
2012-06-30 241.43 248.63 42.35
  • Countrywide's level of debt (40%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (16.3% vs 40% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Countrywide has less than a year of cash runway based on current free cash flow.
  • Countrywide has less than a year of cash runway if free cash flow continues to grow at historical rates of 41.5% each year.
X
Financial health checks
We assess Countrywide's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Countrywide has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CYWD.F Dividends

 What is Countrywide's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Countrywide dividends. Estimated to be 0% next year.
If you bought $2,000 of Countrywide shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Countrywide's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Countrywide's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:CYWD.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:CYWD.F Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.00 1.00
2021-12-31 0.00 3.00
2020-12-31 0.00 4.00
2019-12-31 0.00 4.00
OTCPK:CYWD.F Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-03-21 0.000 0.000
2018-03-08 0.000 0.000
2017-07-27 0.000 0.000
2017-03-27 0.000 0.000
2017-03-09 0.000 0.000
2016-03-21 0.150 6.504
2016-02-25 0.150 4.101
2015-07-30 0.150 3.538
2015-03-19 0.150 2.712
2015-02-26 0.150 2.853
2014-03-24 0.080 1.610
2014-02-27 0.080 1.207
2013-08-01 0.040 0.707

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Countrywide has not reported any payouts.
  • Unable to verify if Countrywide's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Countrywide's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Countrywide has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Countrywide's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Countrywide's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Countrywide afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Countrywide has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CYWD.F Management

 What is the CEO of Countrywide's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Paul Creffield
AGE 63
TENURE AS CEO 1.3 years
CEO Bio

Mr. Paul Lewis Creffield has been Group Managing Director and Director of Countrywide plc since 2018. Mr. Creffield served as Group Operations Director of Countrywide plc since January 24, 2018 until 2018 and also served as its Managing Director of Commercial Development since July 2017. Mr. Creffield served as Managing Director of Business 2 Business at Countrywide plc until July 2017. Mr. Creffield served as Managing Director of London & Premier at Countrywide plc. He joined Countrywide in 2006. Mr. Creffield served as HIPs Business Managing Director of Rightmove plc since 2005. He joined Countrywide in October 2006. Mr. Lewis is responsible for Countrywide’s London and Prime businesses, the Group's Distribution Strategy and is Chairman of TM Group (UK) Ltd. He joined from Rightmove, where he was one of the operational Managing Directors through a period of significant growth and change. He was held senior roles have been with Nationwide Building Society and with Countrywide immediately prior to joining Rightmove where he was a Director of Countrywide Surveyors and different Group companies. He chaired the Office of the Deputy Prime Minister's group of industry stakeholders from 1998 to 2004. He is a Fellow of the Royal Chartered Institution of Chartered Surveyors.

CEO Compensation
  • Insufficient data for Paul to compare compensation growth.
  • Insufficient data for Paul to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Countrywide management team in years:

1.3
Average Tenure
63
Average Age
  • The average tenure for the Countrywide management team is less than 2 years, this suggests a new team.
Management Team

Peter Long

TITLE
Executive Chairman
COMPENSATION
£180K
AGE
66

Himanshu Raja

TITLE
CFO & Executive Director
COMPENSATION
£458K
TENURE
1.8 yrs

Paul Creffield

TITLE
Group MD & Director
AGE
63
TENURE
1.3 yrs

Paul Chapman

TITLE
Chief Operating Officer
TENURE
1.3 yrs

Nadia Mahmud

TITLE
Head of Communications & IR

Dan Thompson

TITLE
Group Human Resource Director
TENURE
1.3 yrs

Caroline Somers

TITLE
Head of External Communications

Peter Curran

TITLE
Managing Director of Financial Services
TENURE
3.7 yrs

Paul Wareham

TITLE
Managing Director of Business to Business
TENURE
1.3 yrs

Gareth Williams

TITLE
Company Secretary
AGE
54
Board of Directors Tenure

Average tenure and age of the Countrywide board of directors in years:

2.6
Average Tenure
62
Average Age
  • The average tenure for the Countrywide board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Watson

TITLE
Deputy Chairman & Senior Independent Director
COMPENSATION
£95K

Peter Long

TITLE
Executive Chairman
COMPENSATION
£180K
AGE
66
TENURE
3.1 yrs

Himanshu Raja

TITLE
CFO & Executive Director
COMPENSATION
£458K
TENURE
1.9 yrs

Paul Creffield

TITLE
Group MD & Director
AGE
63
TENURE
1.3 yrs

Natalie Ceeney

TITLE
Independent Non-Executive Director
COMPENSATION
£36K
TENURE
2.1 yrs

Mark Shuttleworth

TITLE
Non-Executive Director
TENURE
0.6 yrs

Caleb Kramer

TITLE
Non-Executive Director
COMPENSATION
£40K
AGE
49
TENURE
6.3 yrs

Jane Elizabeth Lighting

TITLE
Independent Non-Executive Director
COMPENSATION
£45K
AGE
61
TENURE
4.9 yrs

Rupert Gavin

TITLE
Independent Non-Executive Director
COMPENSATION
£45K
TENURE
4.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
30. Aug 18 Buy Natalie Ceeney Individual 30. Aug 18 30. Aug 18 102,301 $0.13 $13,295
30. Aug 18 Buy Paul Creffield Individual 30. Aug 18 30. Aug 18 2,060,840 $0.13 $267,819
30. Aug 18 Buy Himanshu Raja Individual 30. Aug 18 30. Aug 18 1,065,633 $0.13 $138,485
30. Aug 18 Buy David Watson Individual 30. Aug 18 30. Aug 18 127,876 $0.13 $16,618
30. Aug 18 Buy Rupert Gavin Individual 30. Aug 18 30. Aug 18 11,400 $0.13 $1,481
30. Aug 18 Buy Catherine Turner Individual 30. Aug 18 30. Aug 18 45,916 $0.13 $5,967
30. Aug 18 Buy Peter Long Individual 30. Aug 18 30. Aug 18 2,865,556 $0.13 $372,396
30. Aug 18 Buy Jane Elizabeth Lighting Individual 30. Aug 18 30. Aug 18 59,675 $0.13 $7,755
X
Management checks
We assess Countrywide's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Countrywide has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CYWD.F News

Simply Wall St News

CYWD.F Company Info

Description

Countrywide plc, together with its subsidiaries, provides residential estate agency and property services in the United Kingdom. It operates through Sales and Lettings, Financial Services, and Business to Business (B2B) segments. The company offers surveying services, including valuation panel management services, residential valuations, and surveys for mortgage lenders; provides leasehold, commercial, relocation, and residential property management services; and sells residential, commercial, industrial, and agricultural properties, as well as land through public auction. It also provides integrated property services; conveyancing services, such as freehold and leasehold, remortgage, and separate legal representation; and residential property asset management services comprising repossession asset management, part exchange sales, corporate property sales, and in-house maintenance services. In addition, the company is involved in the residential development and investment activities; and provision of single mortgage brokerage services, as well as advice on life and general insurance. It serves residential and commercial property markets. The company was founded in 1986 and is headquartered in Milton Keynes, the United Kingdom.

Details
Name: Countrywide plc
CYWD.F
Exchange: OTCPK
Founded: 1986
£117,093,067
1,636,111,388
Website: http://www.countrywide.co.uk
Address: Countrywide plc
Countrywide House,
6 Caldecotte Lake Business Park,
Milton Keynes,
Buckinghamshire, MK7 8JT,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE CWD Ordinary Shares London Stock Exchange GB GBP 20. Mar 2013
OTCPK CYWD.F Ordinary Shares Pink Sheets LLC US USD 20. Mar 2013
DB 3CW Ordinary Shares Deutsche Boerse AG DE EUR 20. Mar 2013
BATS-CHIXE CWDL Ordinary Shares BATS 'Chi-X Europe' GB GBP 20. Mar 2013
Number of employees
Current staff
Staff numbers
10,638
Countrywide employees.
Industry
Real Estate Services
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 00:45
End of day share price update: 2019/04/26 00:00
Last estimates confirmation: 2019/05/08
Last earnings filing: 2019/03/22
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.