Duyuru • May 29
Sanderson Design Group plc, Annual General Meeting, Jul 01, 2026 Sanderson Design Group plc, Annual General Meeting, Jul 01, 2026. Location: sanderson design groups headquarters, voysey house, sandersons lane, w4 4ds, london United Kingdom Duyuru • May 02
Sanderson Design Group plc Recommends Final Dividend for the Year Ended 31 January 2026, Payable on 7 August 2026 The Directors of Sanderson Design Group plc recommend a final dividend of 1.00 pence for the year ended 31 January 2026 (FY2025: 1.00 pence) taking the full year dividend to 1.50 pence (FY2025: 1.50 pence). Payment of the final dividend, if approved at the Company's forthcoming Annual General Meeting, will be made on 7 August 2026 to shareholders on the Company's register at 10 July 2026, with an ex-dividend date of 9 July 2026. Reported Earnings • May 01
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: UK£0.03 (up from UK£0.21 loss in FY 2025). Revenue: UK£99.5m (flat on FY 2025). Net income: UK£2.15m (up UK£17.4m from FY 2025). Profit margin: 2.2% (up from net loss in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Duyuru • Apr 09
Sanderson Design Group plc to Report Fiscal Year 2026 Results on Apr 29, 2026 Sanderson Design Group plc announced that they will report fiscal year 2026 results on Apr 29, 2026 Duyuru • Mar 16
Sanderson Design Group PLC Launches Zoffany X Michael S. Smith Indoor Outdoor Fabrics Collection Sanderson Design Group PLC announced the global launch of its Zoffany x Michael S. Smith Indoor Outdoor Fabrics collection. The Zoffany x Michael S. Smith Indoor Outdoor Fabrics collection introduces 55 brand-new designs which Michael has hand-selected from Zoffany's extensive archives. Fabrics are printed to last and woven from performance-led materials which have been specially selected to so they can be used in both indoor and outdoor schemes. The collaboration addresses a gap in the market identified by Zoffany and Michael, combining technical innovation with the aesthetic appeal of vintage fabrics. The fabrics, which will be launched in May 2026, will be available through the Company's global distribution network. This collection reinforces Zoffany's positioning as a luxury, interior designer-led brand while supporting continued growth in key geographies globally, particularly in North America. New Risk • Mar 02
New major risk - Revenue and earnings growth Earnings have declined by 37% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 37% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (UK£41.2m market cap, or US$55.2m). Duyuru • Feb 12
Sanderson Design Group plc Provides Earnings Guidance for the Ended 31 January 2026 Sanderson Design Group plc provided earnings guidance for the ended 31 January 2026. For the year, the company group revenue for the year is expected to be £99.5 million (FY2025: £100.4 million), marginally lower than the prior year in reported currency and consistent with the prior year in constant currency. New Risk • Jan 30
New major risk - Revenue and earnings growth Earnings have declined by 37% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 37% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (UK£34.0m market cap, or US$46.6m). Declared Dividend • Oct 17
Final dividend of UK£0.005 announced Shareholders will receive a dividend of UK£0.005. Ex-date: 23rd October 2025 Payment date: 28th November 2025 Dividend yield will be 3.2%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. New Risk • Aug 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (UK£39.5m market cap, or US$53.6m). Duyuru • Aug 07
Sanderson Design Group plc to Report First Half, 2026 Results on Oct 15, 2025 Sanderson Design Group plc announced that they will report first half, 2026 results on Oct 15, 2025 Upcoming Dividend • Jul 03
Upcoming dividend of UK£0.01 per share Eligible shareholders must have bought the stock before 10 July 2025. Payment date: 08 August 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (4.3%). Reported Earnings • Jun 08
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: UK£0.21 loss per share (down from UK£0.12 profit in FY 2024). Revenue: UK£100.4m (down 7.6% from FY 2024). Net loss: UK£15.2m (down 286% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Duyuru • Jun 03
Sanderson Design Group plc, Annual General Meeting, Jun 25, 2025 Sanderson Design Group plc, Annual General Meeting, Jun 25, 2025. Location: sanderson design groups headquarters, voysey house, sandersons lane, w4 4ds, london United Kingdom Declared Dividend • May 02
Final dividend reduced to UK£0.01 Dividend of UK£0.01 is 64% lower than last year. Ex-date: 10th July 2025 Payment date: 8th August 2025 Dividend yield will be 3.5%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. Duyuru • May 02
Sanderson Design Group plc Recommends Final Dividend, Payable on 8 August 2025 The Directors of Sanderson Design Group plc recommend a final dividend of 1.0 pence (FY2024: 2.75 pence) taking the full year dividend to 1.5 pence (FY2024: 3.50 pence). Payment of the final dividend, if approved at the Company's forthcoming Annual General Meeting, will be made on 8 August 2025 to shareholders on the Company's register at 11 July 2025, with an ex-dividend date of 10 July 2025. The Board remains committed to returning to a progressive dividend policy when trading conditions improve. Reported Earnings • May 01
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: UK£0.21 loss per share (down from UK£0.12 profit in FY 2024). Revenue: UK£100.4m (down 7.6% from FY 2024). Net loss: UK£15.2m (down 286% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings. Duyuru • Apr 03
Sanderson Design Group plc Announces the Launch of the Highgrove by Sanderson Collection Sanderson Design Group PLC announces the launch of the Highgrove by Sanderson collection, an evocative range of fabrics and wallpapers inspired by Highgrove Gardens, the renowned gardens restored, nurtured and transformed by King Charles III over the past 45 years. The gardens, which attract up to 40,000 visitors a year, surround the private residence of King Charles III and Queen Camilla at Highgrove House in Gloucestershire. The Highgrove by Sanderson collection has been created through an exciting collaboration between the Sanderson brand, Highgrove and The King's Foundation, a charity founded by King Charles III focused on building sustainable communities and transforming lives through education in heritage skills. Highgrove is a commercial business based at Highgrove Gardens whose profits support The King's Foundation, the custodian of the gardens. The Highgrove by Sanderson collection, which will be launched on 1 May 2025, draws on the Sanderson archive and comprises more than 100 wallpapers, fabrics, weaves, and embroideries. The collection will be sold online, in Highgrove shops, and through the Company's global distribution network. Highgrove will receive a royalty on sales of the collection which will go to The King's Foundation to support the charity's valuable work. Duyuru • Apr 02
Sanderson Design Group plc to Report Fiscal Year 2025 Results on Apr 30, 2025 Sanderson Design Group plc announced that they will report fiscal year 2025 results on Apr 30, 2025 Duyuru • Feb 04
Sanderson Design Group plc Announces Resignation of Christopher Rogers, Non-Executive Director and Chair of the Remuneration Committee Sanderson Design Group PLC announced that, following the announcement released on 25th November 2024, Christopher Rogers, Non-Executive Director and Chair of the Remuneration Committee, resigned from the Company with effect from 1st February 2025. Duyuru • Jan 21
Sanderson Design Group plc Revises Sales Guidance for the Year Ending 31 January 2025 Sanderson Design Group plc revised sales guidance for the year ending 31 January 2025. The Group's half year results announced on 16 October 2024 stated that the Board's expectations for the full year were reliant on a projected improvement in the trading environment. The Board now expects Group sales for the year to be approximately £101 million (FY24: £108.6 million), a shortfall of less than 5% to its earlier expectations, but the resultant sales mix will have a significant impact on full year profitability. Price Target Changed • Jan 20
Price target decreased by 12% to UK£1.10 Down from UK£1.25, the current price target is an average from 2 analysts. New target price is 132% above last closing price of UK£0.47. Stock is down 61% over the past year. The company is forecast to post earnings per share of UK£0.022 for next year compared to UK£0.11 last year. Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director John Lewis was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Nov 26
Sanderson Design Group plc Announces Step Down of Christopher Rogers from the Board, Effective February 2025 Sanderson Design Group plc announced that Christopher Rogers, Non-Executive Director, is stepping down from the Board, having completed his second three-year term, and will leave the Company in February 2025. Christopher joined the Board as a Non-Executive Director in April 2018 and also served as Interim Executive Chairman between October 2018 and April 2019. Buy Or Sell Opportunity • Nov 14
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 26% to UK£0.63. The fair value is estimated to be UK£0.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.0%. Revenue is forecast to grow by 6.4% in 2 years. Earnings are forecast to grow by 8.9% in the next 2 years. Duyuru • Nov 04
Sanderson Design Group PLC Announces Executive Changes Sanderson Design Group PLC to confirm two senior appointments, one in the UK focused on manufacturing and the other in the USA focused on sales. Tim Preston, a highly experienced manufacturing, operations and supply chain executive, has joined the Company as Group Operations Director, a key role in which he will lead the Group's manufacturing activities and the Group's Future Factory initiative. This initiative was outlined in the Company's half year results presentation on 16 October 2024 and is focused on digital-first printing, reducing lead times and increasing productivity. Tim has more than 20 years of senior operations management experience at international and national businesses, specialising in project delivery and continuous improvement. He was at Pepsico for nine years serving the Italy, France and Germany markets in roles including Operations Director. He then had positions including Supply Chain Director at Premier Foods and Operations Director at Berendsen UK before, most recently, spending six years at Greene King as Brewing and Distribution Director. In the USA, Scott Christopher Hans has been appointed to the newly created role of Senior Vice President of Sales as part of the Company's growth strategy in the important market of North America. Scott will lead business development in the North America market with full responsibility to lead sales in all channels and develop opportunities to accelerate growth. Scott has more than 20 years' experience in the luxury design and interiors industry. He has held positions at Century, Robert Allen Beacon Hill, Rodolph, and most recently at La Maison Pierre Frey as the Vice President of Sales, North and South America. Scott, who starts at the Company, reports to Beth Holman, President at the Company's US business Sanderson Design Group Inc. Declared Dividend • Oct 18
First half dividend reduced to UK£0.005 Dividend of UK£0.005 is 33% lower than last year. Ex-date: 24th October 2024 Payment date: 29th November 2024 Dividend yield will be 4.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 11% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 16
First half 2025 earnings released: EPS: UK£0.015 (vs UK£0.066 in 1H 2024) First half 2025 results: EPS: UK£0.015 (down from UK£0.066 in 1H 2024). Revenue: UK£50.5m (down 11% from 1H 2024). Net income: UK£1.05m (down 78% from 1H 2024). Profit margin: 2.1% (down from 8.3% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Oct 16
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 26% to UK£0.64. The fair value is estimated to be UK£0.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.0%. Revenue is forecast to grow by 6.4% in 2 years. Earnings are forecast to grow by 8.9% in the next 2 years. Duyuru • Oct 16
Sanderson Design Group plc Announces Interim Dividend for the Six Months Ended 31 July 2024, Payable on 29 November 2024 Sanderson Design Group plc announced Interim dividend of 0.50 pence per share for Six Months Ended 31 July 2024 reflecting the result in the period (H1 FY24: 0.75 pence), payable on 29 November 2024 to shareholders on the register on 25 October 2024. The ex-dividend date is 24 October 2024. Duyuru • Aug 07
Sanderson Design Group plc to Report First Half, 2025 Results on Oct 16, 2024 Sanderson Design Group plc announced that they will report first half, 2025 results on Oct 16, 2024 Upcoming Dividend • Jul 04
Upcoming dividend of UK£0.028 per share Eligible shareholders must have bought the stock before 11 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (4.6%). Buy Or Sell Opportunity • Jul 01
Now 52% overvalued Over the last 90 days, the stock has fallen 21% to UK£0.82. The fair value is estimated to be UK£0.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 0.7% per annum. Earnings are forecast to decline by 15% per annum over the same time period. Major Estimate Revision • Jun 28
Consensus EPS estimates fall by 43% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from UK£113.7m to UK£105.0m. EPS estimate also fell from UK£0.10 per share to UK£0.058 per share. Net income forecast to shrink 46% next year vs 0.4% decline forecast for Consumer Durables industry in the United Kingdom. Consensus price target down from UK£1.85 to UK£1.25. Share price fell 20% to UK£0.82 over the past week. New Risk • Jun 27
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (UK£73.6m market cap, or US$93.1m). Buy Or Sell Opportunity • Jun 19
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at UK£1.02. The fair value is estimated to be UK£1.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 0.4% per annum over the same time period. Duyuru • Jun 06
Sanderson Design Group plc, Annual General Meeting, Jun 28, 2024 Sanderson Design Group plc, Annual General Meeting, Jun 28, 2024. Location: sanderson design groups headquarters, voysey house, sandersons lane, w4 4ds, london United Kingdom Buy Or Sell Opportunity • May 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.7% to UK£1.05. The fair value is estimated to be UK£1.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 0.4% per annum over the same time period. Declared Dividend • Apr 26
Final dividend of UK£0.028 announced Dividend of UK£0.028 is the same as last year. Ex-date: 11th July 2024 Payment date: 9th August 2024 Dividend yield will be 3.3%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 12% over the next 3 years. However, it would need to fall by 66% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Apr 24
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: UK£0.12 (down from UK£0.12 in FY 2023). Revenue: UK£108.6m (down 3.0% from FY 2023). Net income: UK£8.20m (down 7.1% from FY 2023). Profit margin: 7.5% (down from 7.9% in FY 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Duyuru • Apr 24
Sanderson Design Group plc Recommends Final Dividend, Payable on 9 August 2024 Sanderson Design Group plc announced final dividend of 2.75 pence is now proposed taking the full year dividend to 3.50 pence. This payment will be made on 9 August 2024 to the shareholders registered on the Company's register on 12 July 2024 if approved at the Company's forthcoming Annual General Meeting, with an ex-dividend date of 11 July 2024. The Board remains committed to a progressive dividend policy as part of the capital allocation priorities of the Group. New Risk • Feb 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£78.9m (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (UK£78.9m market cap, or US$99.5m). Price Target Changed • Feb 09
Price target decreased by 9.5% to UK£1.90 Down from UK£2.10, the current price target is an average from 2 analysts. New target price is 73% above last closing price of UK£1.10. Stock is down 10% over the past year. The company is forecast to post earnings per share of UK£0.099 for next year compared to UK£0.12 last year. Duyuru • Jan 20
Sanderson Design Group plc to Report Fiscal Year 2024 Results on Apr 24, 2024 Sanderson Design Group plc announced that they will report fiscal year 2024 results on Apr 24, 2024 Reported Earnings • Oct 11
First half 2024 earnings released: EPS: UK£0.066 (vs UK£0.059 in 1H 2023) First half 2024 results: EPS: UK£0.066 (up from UK£0.059 in 1H 2023). Revenue: UK£56.7m (down 2.1% from 1H 2023). Net income: UK£4.70m (up 12% from 1H 2023). Profit margin: 8.3% (up from 7.2% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 11
Sanderson Design Group plc Announces Interim Dividend for the Six Months Ended 31 July 2023, Payable on 24 November 2023 The Board of Sanderson Design Group plc announced a maintained interim dividend of 0.75 pence for the six months ended 31 July 2023 (first half fiscal year 2022: 0.75 pence), payable on 24 November 2023 to shareholders on the register on 20 October 2023. The ex-dividend date is 19 October 2023. Duyuru • Aug 08
Sanderson Design Group plc to Report First Half, 2024 Results on Oct 11, 2023 Sanderson Design Group plc announced that they will report first half, 2024 results on Oct 11, 2023 New Risk • Jul 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£78.6m (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (302% cash payout ratio). Market cap is less than US$100m (UK£78.6m market cap, or US$99.9m). Upcoming Dividend • Jul 06
Upcoming dividend of UK£0.028 per share at 3.2% yield Eligible shareholders must have bought the stock before 13 July 2023. Payment date: 11 August 2023. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (6.4%). Buying Opportunity • Jun 27
Now 21% undervalued Over the last 90 days, the stock is up 1.7%. The fair value is estimated to be UK£1.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings is forecast to decline by 0.6% per annum over the same time period. Duyuru • May 31
Sanderson Design Group plc, Annual General Meeting, Jun 22, 2023 Sanderson Design Group plc, Annual General Meeting, Jun 22, 2023, at 09:00 Coordinated Universal Time. Location: offices of Buchanan, 107 Cheapside London United Kingdom Buying Opportunity • Apr 27
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 3.0%. The fair value is estimated to be UK£1.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 46%. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to UK£1.33, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 9x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 84% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.58 per share. Price Target Changed • Nov 16
Price target decreased to UK£2.08 Down from UK£2.34, the current price target is an average from 2 analysts. New target price is 84% above last closing price of UK£1.13. Stock is down 36% over the past year. The company is forecast to post earnings per share of UK£0.10 for next year compared to UK£0.11 last year. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improved over the past week After last week's 18% share price gain to UK£1.23, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 6x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£2.15 per share. Reported Earnings • Oct 12
First half 2023 earnings released: EPS: UK£0.059 (vs UK£0.053 in 1H 2022) First half 2023 results: EPS: UK£0.059 (up from UK£0.053 in 1H 2022). Revenue: UK£57.9m (flat on 1H 2022). Net income: UK£4.18m (up 11% from 1H 2022). Profit margin: 7.2% (up from 6.5% in 1H 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 20% share price gain to UK£1.10, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 6x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£2.07 per share. Upcoming Dividend • Jul 07
Upcoming dividend of UK£0.028 per share Eligible shareholders must have bought the stock before 14 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.3%). Lower than average of industry peers (8.0%). Reported Earnings • Jun 12
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: UK£0.11 (up from UK£0.054 in FY 2021). Revenue: UK£112.2m (up 20% from FY 2021). Net income: UK£7.76m (up 103% from FY 2021). Profit margin: 6.9% (up from 4.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 5.8%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • May 05
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate increased from UK£0.10 to UK£0.12. Revenue forecast steady at UK£119.3m. Net income forecast to shrink 2.0% next year vs 18% growth forecast for Consumer Durables industry in the United Kingdom . Consensus price target of UK£2.30 unchanged from last update. Share price was steady at UK£1.63 over the past week. Reported Earnings • Apr 29
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: UK£0.11 (up from UK£0.055 in FY 2021). Revenue: UK£112.2m (up 20% from FY 2021). Net income: UK£7.76m (up 99% from FY 2021). Profit margin: 6.9% (up from 4.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 5.6%, compared to a 10% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 33% per year. Price Target Changed • Apr 27
Price target increased to UK£2.30 Up from UK£2.08, the current price target is an average from 3 analysts. New target price is 41% above last closing price of UK£1.64. Stock is up 24% over the past year. The company is forecast to post earnings per share of UK£0.097 for next year compared to UK£0.055 last year. Board Change • Mar 29
High number of new directors Independent Non-Executive Director John Lewis was the last director to join the board, commencing their role in 2021. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorated over the past week After last week's 18% share price decline to UK£1.30, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 9x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 104% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.29 per share. Major Estimate Revision • Jan 19
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from UK£0.08 to UK£0.10. Revenue forecast steady at UK£112.0m. Net income forecast to shrink 11% next year vs 22% growth forecast for Consumer Durables industry in the United Kingdom . Consensus price target up from UK£2.08 to UK£2.30. Share price rose 18% to UK£1.83 over the past week. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 22% share price gain to UK£1.87, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 125% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.05 per share. Price Target Changed • Jan 18
Price target increased to UK£2.30 Up from UK£1.95, the current price target is an average from 3 analysts. New target price is 23% above last closing price of UK£1.87. Stock is up 82% over the past year. The company is forecast to post earnings per share of UK£0.083 for next year compared to UK£0.055 last year. Board Change • Jan 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Chris Rogers is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment deteriorated over the past week After last week's 15% share price decline to UK£1.49, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.05 per share. Board Change • Dec 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Chris Rogers is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Executive Departure • Nov 30
Independent Non-Executive Director Vijay Thakrar has left the company On the 27th of November, Vijay Thakrar's tenure as Independent Non-Executive Director ended after 3.0 years in the role. As of September 2021, Vijay still personally held only 7.50k shares (UK£15k worth at the time). Vijay is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.13 years. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to UK£1.71, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 124% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£2.40 per share. Reported Earnings • Oct 15
First half 2022 earnings released: EPS UK£0.053 (vs UK£0.011 loss in 1H 2021) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2022 results: Revenue: UK£57.5m (up 48% from 1H 2021). Net income: UK£3.77m (up UK£4.55m from 1H 2021). Profit margin: 6.5% (up from net loss in 1H 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jul 23
Independent Non-Executive Director recently bought UK£59k worth of stock On the 20th of July, Christopher Rogers bought around 35k shares on-market at roughly UK£1.67 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought UK£79k more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 20% share price gain to UK£1.97, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 164% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£2.06 per share. 