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Young's Brewery

BST:YBY
Snowflake Description

Adequate balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
YBY
BST
£717M
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Young & Co.'s Brewery, P.L.C. operates and manages pubs and hotels in the United Kingdom. The last earnings update was 2 days ago. More info.


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YBY Share Price and Events
7 Day Returns
2.5%
BST:YBY
2.7%
DE Hospitality
0%
DE Market
1 Year Returns
3.7%
BST:YBY
-13.7%
DE Hospitality
9.9%
DE Market
YBY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Young's Brewery (YBY) 2.5% 2% 4.6% 3.7% 20.6% -
DE Hospitality 2.7% 3.6% 40.9% -13.7% -2.7% -6.4%
DE Market 0% 4.5% 13.6% 9.9% 14.6% 18.2%
1 Year Return vs Industry and Market
  • YBY outperformed the Hospitality industry which returned -13.7% over the past year.
  • YBY underperformed the Market in Germany which returned 9.9% over the past year.
Price Volatility
YBY
Industry
5yr Volatility vs Market

YBY Value

 Is Young's Brewery 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 Young's Brewery 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 Young's Brewery.

BST:YBY 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 7.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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 BST:YBY
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.918 (1 + (1- 19%) (33.86%))
1.114
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.114 * 6.65%)
7.63%

Discounted Cash Flow Calculation for BST:YBY using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Young's Brewery 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.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BST:YBY DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 7.63%)
2020 44.31 Analyst x3 41.17
2021 46.56 Analyst x3 40.19
2022 50.72 Analyst x2 40.67
2023 53.55 Est @ 5.58% 39.90
2024 55.67 Est @ 3.97% 38.54
2025 57.26 Est @ 2.85% 36.83
2026 58.44 Est @ 2.06% 34.92
2027 59.33 Est @ 1.51% 32.94
2028 60.00 Est @ 1.13% 30.94
2029 60.51 Est @ 0.86% 29.00
Present value of next 10 years cash flows £365.00
BST:YBY DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £60.51 × (1 + 0.23%) ÷ (7.63% – 0.23%)
£818.94
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £818.94 ÷ (1 + 7.63%)10
£392.44
BST:YBY Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £365.00 + £392.44
£757.44
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £757.44 / 49.00
£15.46
BST:YBY Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:YBY represents 1.12037x of AIM:YNGA
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.12037x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 15.46 x 1.12037
€17.32
Value per share (EUR) From above. €17.32
Current discount Discount to share price of €18.15
= -1 x (€18.15 - €17.32) / €17.32
-4.8%

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

  • The current share price of Young's Brewery is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Young's Brewery's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Young's Brewery's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:YBY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in GBP £0.60
AIM:YNGA Share Price ** AIM (2019-11-15) in GBP £16.2
Germany Hospitality Industry PE Ratio Median Figure of 8 Publicly-Listed Hospitality Companies 23.46x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 19.43x

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

** Primary Listing of Young's Brewery.

BST:YBY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:YNGA Share Price ÷ EPS (both in GBP)

= 16.2 ÷ 0.60

26.99x

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

  • Young's Brewery is overvalued based on earnings compared to the DE Hospitality industry average.
  • Young's Brewery is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Young's Brewery's expected growth come at a high price?
Raw Data
BST:YBY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 26.99x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
12.4%per year
Europe Hospitality Industry PEG Ratio Median Figure of 66 Publicly-Listed Hospitality Companies 1.77x
Germany Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

BST:YBY PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 26.99x ÷ 12.4%

2.17x

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

  • Young's Brewery is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Young's Brewery's assets?
Raw Data
BST:YBY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in GBP £12.33
AIM:YNGA Share Price * AIM (2019-11-15) in GBP £16.2
Germany Hospitality Industry PB Ratio Median Figure of 11 Publicly-Listed Hospitality Companies 2.55x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.84x
BST:YBY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:YNGA Share Price ÷ Book Value per Share (both in GBP)

= 16.2 ÷ 12.33

1.31x

* Primary Listing of Young's Brewery.

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

  • Young's Brewery is good value based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Young's Brewery'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 Hospitality 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 Hospitality industry average (and greater than 0)? (1 check)
  5. Young's Brewery has a total score of 1/6, 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.

YBY Future Performance

 How is Young's Brewery 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
12.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Young's Brewery expected to grow at an attractive rate?
  • Young's Brewery's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Young's Brewery's earnings growth is positive but not above the Germany market average.
  • Young's Brewery's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:YBY Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:YBY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 12.4%
BST:YBY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 4.3%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 23%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
BST:YBY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month 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.
BST:YBY Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 352 78 42 3
2021-03-31 336 74 38 4
2020-03-31 324 71 35 4
2019-11-16
BST:YBY Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-09-30 315 63 29
2019-06-30 309 62 30
2019-04-01 304 60 32
2019-01-01 298 59 33
2018-10-01 292 58 34
2018-07-01 286 55 32
2018-04-02 279 52 30
2018-01-02 278 53 29
2017-10-02 277 55 29
2017-07-02 273 55 29
2017-04-03 269 56 30
2017-01-03 262 55 30

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Young's Brewery's earnings are expected to grow by 12.4% yearly, however this is not considered high growth (20% yearly).
  • Young's Brewery's revenue is expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).
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
BST:YBY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Young's Brewery Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:YBY Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 0.85 0.85 0.85 1.00
2021-03-31 0.78 0.78 0.78 1.00
2020-03-31 0.72 0.72 0.72 1.00
2019-11-16
BST:YBY Past Financials Data
Date (Data in GBP Millions) EPS *
2019-09-30 0.60
2019-06-30 0.62
2019-04-01 0.64
2019-01-01 0.66
2018-10-01 0.69
2018-07-01 0.65
2018-04-02 0.62
2018-01-02 0.60
2017-10-02 0.59
2017-07-02 0.60
2017-04-03 0.62
2017-01-03 0.61

*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.
  • Young's Brewery is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Young's Brewery'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Young's Brewery has a total score of 1/6, 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.

YBY Past Performance

  How has Young's Brewery 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 Young's Brewery's growth in the last year to its industry (Hospitality).
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.
  • Young's Brewery's year on year earnings growth rate has been positive over the past 5 years.
  • Young's Brewery's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Young's Brewery's 1-year earnings growth is negative, it can't be compared to the DE Hospitality industry average.
Earnings and Revenue History
Young's Brewery'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 Young's Brewery Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:YBY Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 315.10 29.40 0.00
2019-06-30 309.40 30.45 0.00
2019-04-01 303.70 31.50
2019-01-01 297.85 32.50 -0.05
2018-10-01 292.00 33.50 -0.10
2018-07-01 285.65 31.80 -0.05
2018-04-02 279.30 30.10
2018-01-02 278.15 29.40 0.05
2017-10-02 277.00 28.70 0.10
2017-07-02 272.95 29.35 0.05
2017-04-03 268.90 30.00
2017-01-03 262.25 29.70 -0.05
2016-09-26 255.60 29.40 -0.10
2016-06-26 250.75 28.00 -0.05
2016-03-28 245.90 26.60
2015-12-28 241.30 27.50 0.05
2015-09-28 236.70 27.90 0.10
2015-06-28 231.85 27.30 0.05
2015-03-30 227.00 26.70
2014-12-30 223.10 25.00 0.05
2014-09-29 219.20 23.30 0.10
2014-06-29 215.00 22.70 0.05
2014-03-31 210.80 22.10
2013-12-31 206.24 20.32
2013-09-30 201.69 18.54
2013-06-30 197.68 17.42
2013-04-01 193.68 16.29
2013-01-01 191.18 18.35

*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.
  • Young's Brewery has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Young's Brewery used its assets more efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Young's Brewery's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Young's Brewery'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 Hospitality 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.
Young's Brewery has a total score of 2/6, 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.

YBY Health

 How is Young's Brewery'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 Young's Brewery's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Young's Brewery's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Young's Brewery's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Young's Brewery'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.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x 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 Young's Brewery Company Filings, last reported 1 month ago.

BST:YBY Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 604.00 170.00 9.30
2019-06-30 604.00 170.00 9.30
2019-04-01 593.40 177.60 8.50
2019-01-01 593.40 177.60 8.50
2018-10-01 568.00 137.60 6.40
2018-07-01 568.00 137.60 6.40
2018-04-02 549.20 153.70 7.20
2018-01-02 549.20 153.70 7.20
2017-10-02 512.80 131.50 5.40
2017-07-02 512.80 131.50 5.40
2017-04-03 493.00 143.40 6.60
2017-01-03 493.00 143.40 6.60
2016-09-26 453.90 143.50 2.30
2016-06-26 453.90 143.50 2.30
2016-03-28 452.50 154.90 13.20
2015-12-28 455.90 154.90 13.20
2015-09-28 423.70 142.70 5.80
2015-06-28 423.70 142.70 5.80
2015-03-30 407.00 140.50 0.20
2014-12-30 407.00 140.50 0.20
2014-09-29 390.90 125.80 0.20
2014-06-29 390.90 125.80 0.20
2014-03-31 379.70 122.10 2.40
2013-12-31 379.70 122.10 2.40
2013-09-30 354.42 125.64 2.29
2013-06-30 354.42 125.64 2.29
2013-04-01 334.55 131.86 6.12
2013-01-01 334.55 131.86 6.12
  • Young's Brewery's level of debt (28.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (31.8% vs 28.1% today).
  • Debt is well covered by operating cash flow (37.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.5x coverage).
X
Financial health checks
We assess Young's Brewery'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. Young's Brewery has a total score of 4/6, 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.

YBY Dividends

 What is Young's Brewery'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
1.28%
Current annual income from Young's Brewery dividends. Estimated to be 1.42% next year.
If you bought €2,000 of Young's Brewery shares you are expected to receive €26 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?
  • Young's Brewery's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.33%).
  • Young's Brewery's dividend is below the markets top 25% of dividend payers in Germany (3.66%).
Upcoming dividend payment

Purchase Young's Brewery before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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
BST:YBY 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
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 5.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 333 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.3%
Germany 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.

BST:YBY Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 0.24 3.00
2021-03-31 0.23 4.00
2020-03-31 0.22 4.00
2019-11-16
BST:YBY Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-07-09 0.208 1.291
2018-07-10 0.196 1.198
2017-06-02 0.185 1.300
2017-05-25 0.185 1.388
2016-05-27 0.175 1.352
2016-05-19 0.175 1.427
2015-07-07 0.165 1.373
2014-07-08 0.155 1.500
2013-05-23 0.146 1.513
2012-06-14 0.139 1.992
2012-05-24 0.139 2.218
2011-05-26 0.133 2.042
2011-05-25 0.133 2.180
2010-06-03 0.130 2.301
2010-06-02 0.130 2.459
2009-05-28 0.128 2.610
2009-05-27 0.128 2.689
2008-11-20 0.126 2.836

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Young's Brewery's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).
X
Income/ dividend checks
We assess Young's Brewery's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - 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 Young's Brewery afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Young's Brewery has a total score of 4/6, see the detailed checks below.


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

YBY Management

 What is the CEO of Young's Brewery'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
Patrick Dardis
COMPENSATION £828,000
AGE 60
TENURE AS CEO 3.3 years
CEO Bio

Mr. Patrick Dardis has been the Chief Executive at Young & Co.'s Brewery, P.L.C., since July 5, 2017. Mr. Dardis has been an Executive Director of Young & Co.'s Brewery, P.L.C. since July 17, 2003. He served as a Retail Director of Young & Co.'s Brewery, P.L.C. from July 17, 2003 to July 05, 2016. He served as Director of Business Development and Marketing of Grey Archer. Mr. Dardis served as Director of Retail Operations at Wolverhampton & Dudley PLC, with responsibility for 650 outlets, business development with Guinness Brewing and retail management with Whitbread PLC and Courage Limited. Mr. Dardis joined Young's in 2002 to take charge of Managed Houses.

CEO Compensation
  • Patrick's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.
  • Patrick's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Young's Brewery management team in years:

3.2
Average Tenure
50
Average Age
  • The tenure for the Young's Brewery management team is about average.
Management Team

Patrick Dardis

TITLE
Chief Executive & Executive Director
COMPENSATION
£828K
AGE
60
TENURE
3.3 yrs

Dodd Read

TITLE
Director of People & Director
COMPENSATION
£364K
AGE
50
TENURE
3.2 yrs

Torquil Charles Florance Sligo-Young

TITLE
Information Resources Executive & Executive Director
COMPENSATION
£291K
AGE
59

Mike Owen

TITLE
CFO & Director
AGE
48
TENURE
0.2 yrs

Simon Dodd

TITLE
COO & Director
AGE
45
TENURE
0.3 yrs

Anthony Schroeder

TITLE
Company Secretary
TENURE
14.1 yrs
Board of Directors Tenure

Average tenure and age of the Young's Brewery board of directors in years:

2.9
Average Tenure
59
Average Age
  • The average tenure for the Young's Brewery board of directors is less than 3 years, this suggests a new board.
Board of Directors

Steve Goodyear

TITLE
Non-Executive Chairman
COMPENSATION
£95K
AGE
64
TENURE
2.6 yrs

Patrick Dardis

TITLE
Chief Executive & Executive Director
COMPENSATION
£828K
AGE
60
TENURE
16.3 yrs

Dodd Read

TITLE
Director of People & Director
COMPENSATION
£364K
AGE
50
TENURE
3.2 yrs

Torquil Charles Florance Sligo-Young

TITLE
Information Resources Executive & Executive Director
COMPENSATION
£291K
AGE
59
TENURE
22.8 yrs

Mike Owen

TITLE
CFO & Director
AGE
48
TENURE
0.2 yrs

Simon Dodd

TITLE
COO & Director
AGE
45
TENURE
0.2 yrs

Nick Miller

TITLE
Non-Executive Director
COMPENSATION
£41K
AGE
54
TENURE
2.6 yrs

Ian McHoul

TITLE
Non-Executive Director
COMPENSATION
£41K
AGE
59
TENURE
1.8 yrs

Roger Lambert

TITLE
Non-Executive Senior Independent Director
COMPENSATION
£41K
AGE
60
TENURE
8.3 yrs

Trish Corzine

TITLE
Non-Executive Director
COMPENSATION
£41K
AGE
62
TENURE
4.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
24. Jul 19 Sell Stephen Goodyear Individual 23. Jul 19 23. Jul 19 -14,758 €17.90 €-264,102
09. Jul 19 Sell Patrick Dardis Individual 09. Jul 19 09. Jul 19 -12,000 €18.23 €-218,781
25. Mar 19 Sell Stephen Goodyear Individual 25. Mar 19 25. Mar 19 -1,700 €18.92 €-32,168
X
Management checks
We assess Young's Brewery'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. Young's Brewery 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.

YBY News

Simply Wall St News

YBY Company Info

Description

Young & Co.'s Brewery, P.L.C. operates and manages pubs and hotels in the United Kingdom. The company operates through two segments, Young’s Managed Houses and Ram Pub Company. It sells drinks and food, as well as provides accommodation services; and owns, leases, and sub leases its owned or leased pubs to third parties. As of April 9, 2019, it had 201 managed pubs and 69 tenanted pubs primarily located in London and the South East. Young & Co.'s Brewery, P.L.C. was founded in 1831 and is based in London, the United Kingdom.

Details
Name: Young & Co.'s Brewery, P.L.C.
YBY
Exchange: BST
Founded: 1831
£837,334,530
49,000,834
Website: http://www.youngs.co.uk
Address: Young & Co.'s Brewery, P.L.C.
Riverside House,
26 Osiers Road,
London,
Greater London, SW18 1NH,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM YNGA A Ordinary Shares London Stock Exchange AIM Market GB GBP 02. Jan 1992
BST YBY A Ordinary Shares Boerse-Stuttgart DE EUR 02. Jan 1992
AIM YNGN Non-Voting Ordinary Shares London Stock Exchange AIM Market GB GBP 02. Jan 1992
Number of employees
Current staff
Staff numbers
4,874
Young's Brewery employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/16 22:01
End of day share price update: 2019/11/15 00:00
Last estimates confirmation: 2019/11/14
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/04/01


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.