OTCPK:FXTG.Y

Stock Analysis Report

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Executive Summary

Foxtons Group plc, an estate agency, provides services to the residential property market in the United Kingdom.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Foxtons Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FXTG.Y's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

FXTG.Y

6.7%

US Real Estate

2.9%

US Market


1 Year Return

n/a

FXTG.Y

-10.5%

US Real Estate

8.9%

US Market

Return vs Industry: Insufficient data to determine how FXTG.Y performed against the US Real Estate industry.

Return vs Market: Insufficient data to determine how FXTG.Y performed against the US Market.


Shareholder returns

FXTG.YIndustryMarket
7 Day0%6.7%2.9%
30 Day-22.8%18.0%10.6%
90 Dayn/a-18.4%5.1%
1 Yearn/a-9.9%-10.5%11.4%8.9%
3 Year-70.9%-71.1%-11.3%-13.3%34.3%25.4%
5 Year-88.3%-89.1%-19.0%-21.4%60.7%42.7%

Price Volatility Vs. Market

How volatile is Foxtons Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Foxtons Group undervalued compared to its fair value and its price relative to the market?

1.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: FXTG.Y ($0.87) is trading above our estimate of fair value ($0.35)

Significantly Below Fair Value: FXTG.Y is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FXTG.Y is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.

PE vs Market: FXTG.Y is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FXTG.Y's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FXTG.Y is overvalued based on its PB Ratio (1.1x) compared to the US Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Foxtons Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

0.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if FXTG.Y's forecast earnings growth is above the savings rate (2.2%).

Earnings vs Market: Insufficient data to determine if FXTG.Y's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FXTG.Y's revenue (0.4% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: FXTG.Y's revenue (0.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if FXTG.Y's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Foxtons Group performed over the past 5 years?

-64.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FXTG.Y is currently unprofitable.

Growing Profit Margin: FXTG.Y is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FXTG.Y is unprofitable, and losses have increased over the past 5 years at a rate of -64.4% per year.

Accelerating Growth: Unable to compare FXTG.Y's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FXTG.Y is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-6.4%).


Return on Equity

High ROE: FXTG.Y has a negative Return on Equity (-6.72%), as it is currently unprofitable.


Next Steps

Financial Health

How is Foxtons Group's financial position?


Financial Position Analysis

Short Term Liabilities: FXTG.Y's short term assets (£30.2M) exceed its short term liabilities (£27.9M).

Long Term Liabilities: FXTG.Y's short term assets (£30.2M) do not cover its long term liabilities (£65.2M).


Debt to Equity History and Analysis

Debt Level: FXTG.Y is debt free.

Reducing Debt: FXTG.Y had no debt 5 years ago.

Debt Coverage: FXTG.Y has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FXTG.Y has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FXTG.Y's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FXTG.Y'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 FXTG.Y's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FXTG.Y's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: FXTG.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 FXTG.Y's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.7yrs

Average management tenure


CEO

Nic Budden

5.92yrs

Tenure

UK£1,257,000

Compensation

Mr. Nicholas Budden, also known as Nic, has been the Chief Executive Officer of Foxtons Group PLC since July 1, 2014. Mr. Budden served as the Chief Operating Officer of Foxtons Group PLC from 2005 to July ...


CEO Compensation Analysis

Compensation vs Market: Nic's total compensation ($USD1.58M) is about average for companies of similar size in the US market ($USD1.33M).

Compensation vs Earnings: Nic's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Nicholas Budden
CEO & Executive Director5.92yrsUK£1.26m0.14% £275.8k
Richard Harris
CFO & Executive Director1yrUK£435.83k0.018% £36.4k
Patrick Franco
COO & Executive Director0.67yrUK£330.00k0.0061% £12.1k
John Ennis
Area Director of New Homes & Investmentno datano datano data
Muhammad Patel
Investor Relations Officerno datano datano data
Lorraine Thompson
Director of Customer Services & Complianceno datano datano data
Sarah-Jane Raben
Marketing Directorno datano datano data
Lucy Briant
Director of Human Resourceno datano datano data
Edward Philips
Managing Director of Lettings19.17yrsno datano data
Andrew Pratt
Chief Executive Officer of Alexander Hallno datano datano data

5.7yrs

Average Tenure

Experienced Management: FXTG.Y's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nicholas Budden
CEO & Executive Director5.92yrsUK£1.26m0.14% £275.8k
Richard Harris
CFO & Executive Director1yrUK£435.83k0.018% £36.4k
Patrick Franco
COO & Executive Director0.67yrUK£330.00k0.0061% £12.1k
Alan Giles
Senior Independent Director0.25yrUK£37.00k0.013% £25.9k
Sheena Mackay
Independent Non-Executive Director2.75yrsUK£63.00k0.0091% £18.2k
Ian Barlow
Independent Chairman0.25yrUK£63.00k0.085% £170.1k
Rosie Shapland
Independent Non-Executive Director0.33yrno data0.0061% £12.1k

0.7yrs

Average Tenure

Experienced Board: FXTG.Y's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.1%.


Top Shareholders

Company Information

Foxtons Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Foxtons Group plc
  • Ticker: FXTG.Y
  • Exchange: OTCPK
  • Founded: 1981
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Market Cap: UK£159.079m
  • Listing Market Cap: UK£200.197m
  • Shares outstanding: 330.04m
  • Website: https://www.foxtonsgroup.co.uk

Number of Employees


Location

  • Foxtons Group plc
  • Building One
  • Chiswick Park
  • London
  • Greater London
  • W4 5BE
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FOXTLSE (London Stock Exchange)YesOrdinary SharesGBGBPSep 2013
FXGDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2013
FOXTLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPSep 2013
FTXG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDSep 2013
FXTG.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDMay 2014

Biography

Foxtons Group plc, an estate agency, provides services to the residential property market in the United Kingdom. It operates through three segments: Sales, Lettings, and Mortgage Broking. The Sales segment sells residential properties. The Lettings segment engages in the letting and management of residential properties. The Mortgage Broking segment offers mortgage advisory and brokerage services. Foxtons Group plc was founded in 1981 and is headquartered in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 05:04
End of Day Share Price2020/05/12 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.