Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Slater and Gordon

DB:OQH
Snowflake Description

Undervalued with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OQH
DB
A$69M
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Slater and Gordon Limited, a law firm, operates legal practices in Australia. The last earnings update was 41 days ago. More info.


Add to Portfolio Compare Print
  • Slater and Gordon has significant price volatility in the past 3 months.
OQH Share Price and Events
7 Day Returns
-20.5%
DB:OQH
2.2%
Europe Consumer Services
2.1%
DE Market
1 Year Returns
-78.6%
DB:OQH
2.4%
Europe Consumer Services
-16.6%
DE Market
OQH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Slater and Gordon (OQH) -20.5% -50.7% -59.1% -78.6% -96.1% -100%
Europe Consumer Services 2.2% -7.2% -6.5% 2.4% -15.6% -55.7%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • OQH underperformed the Consumer Services industry which returned 2.4% over the past year.
  • OQH underperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
OQH
Industry
5yr Volatility vs Market

OQH Value

 Is Slater and Gordon 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 Slater and Gordon 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 Slater and Gordon.

DB:OQH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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 DB:OQH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Consumer Services Unlevered Beta Simply Wall St/ S&P Global 0.64
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.644 (1 + (1- 30%) (186.53%))
1.325
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.32
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.325 * 5.44%)
6.82%

Discounted Cash Flow Calculation for DB:OQH using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Slater and Gordon 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.

DB:OQH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 6.82%)
2020 10.20 Est @ 81.97% 9.55
2021 16.04 Est @ 57.26% 14.06
2022 22.45 Est @ 39.97% 18.42
2023 28.70 Est @ 27.86% 22.05
2024 34.27 Est @ 19.38% 24.64
2025 38.87 Est @ 13.45% 26.17
2026 42.49 Est @ 9.3% 26.78
2027 45.21 Est @ 6.39% 26.67
2028 47.18 Est @ 4.36% 26.06
2029 48.56 Est @ 2.93% 25.11
Present value of next 10 years cash flows A$219.00
DB:OQH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= A$48.56 × (1 + -0.39%) ÷ (6.82% – -0.39%)
A$671.24
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$671.24 ÷ (1 + 6.82%)10
A$347.14
DB:OQH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$219.00 + A$347.14
A$566.14
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$566.14 / 138.43
A$4.09
DB:OQH Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:OQH represents 0.528x of ASX:SGH
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.528x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 4.09 x 0.528
€2.16
Value per share (EUR) From above. €2.16
Current discount Discount to share price of €0.26
= -1 x (€0.26 - €2.16) / €2.16
87.8%

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

Current Discount
Amount off the current price Slater and Gordon is available for.
Intrinsic value
>50%
Share price is €0.26 vs Future cash flow value of €2.16
Current Discount Checks
For Slater and Gordon to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Slater and Gordon's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Slater and Gordon'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 Slater and Gordon's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Slater and Gordon's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:OQH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$0.46
ASX:SGH Share Price ** ASX (2020-04-07) in AUD A$0.5
Europe Consumer Services Industry PE Ratio Median Figure of 12 Publicly-Listed Consumer Services Companies 15.21x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

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

** Primary Listing of Slater and Gordon.

DB:OQH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:SGH Share Price ÷ EPS (both in AUD)

= 0.5 ÷ 0.46

1.1x

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

  • Slater and Gordon is good value based on earnings compared to the Europe Consumer Services industry average.
  • Slater and Gordon is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Slater and Gordon's expected growth come at a high price?
Raw Data
DB:OQH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 1.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Consumer Services Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Services Companies 0.33x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*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 Slater and Gordon, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Slater and Gordon's assets?
Raw Data
DB:OQH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$1.14
ASX:SGH Share Price * ASX (2020-04-07) in AUD A$0.5
Europe Consumer Services Industry PB Ratio Median Figure of 22 Publicly-Listed Consumer Services Companies 2.18x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:OQH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:SGH Share Price ÷ Book Value per Share (both in AUD)

= 0.5 ÷ 1.14

0.44x

* Primary Listing of Slater and Gordon.

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

  • Slater and Gordon is good value based on assets compared to the Europe Consumer Services industry average.
X
Value checks
We assess Slater and Gordon'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 Consumer Services 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 Consumer Services industry average (and greater than 0)? (1 check)
  5. Slater and Gordon has a total score of 5/6, 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.

OQH Future Performance

 How is Slater and Gordon expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Slater and Gordon has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
17.7%
Expected Consumer Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Slater and Gordon expected to grow at an attractive rate?
  • Unable to compare Slater and Gordon's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Slater and Gordon's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Slater and Gordon's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:OQH Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Consumer Services Industry Earnings Growth Rate Market Cap Weighted Average 17.7%
Europe Consumer Services Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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
DB:OQH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:OQH Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 151 8 41
2019-09-30 154 4 37
2019-06-30 157 0 33
2019-03-31 158 -8 6
2018-12-31 159 -17 -21
2018-09-30 162 -33 -26
2018-06-30 165 -48 -32
2018-03-31 167 -55 -56
2017-12-31 169 -61 -80
2017-09-30 182 -50 -77
2017-06-30 196 -39 -74
2017-03-31 382 -35 -74

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Slater and Gordon is high growth as no earnings estimate data is available.
  • Unable to determine if Slater and Gordon is high growth as no revenue estimate data is available.
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
DB:OQH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Slater and Gordon Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:OQH Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 0.46
2019-09-30 0.27
2019-06-30 0.47
2019-03-31 0.09
2018-12-31 -0.30
2018-09-30 -0.38
2018-06-30 -0.84
2018-03-31 -2.60
2017-12-31 -15.63
2017-09-30 -17.85
2017-06-30 -21.09
2017-03-31 -20.97

*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 Slater and Gordon will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Slater and Gordon is trading at Slater and Gordon'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Slater and Gordon's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Services companies here
  3. Slater and Gordon's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Slater and Gordon'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Slater and Gordon has a total score of 0/6, 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.

OQH Past Performance

  How has Slater and Gordon 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 Slater and Gordon's growth in the last year to its industry (Consumer Services).
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.
  • Slater and Gordon has delivered over 20% year on year earnings growth in the past 5 years.
  • Slater and Gordon has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Slater and Gordon has become profitable in the last year making it difficult to compare the Europe Consumer Services industry average.
Earnings and Revenue History
Slater and Gordon'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 Slater and Gordon Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:OQH Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 151.48 41.27 47.06
2019-09-30 154.24 37.14 45.32
2019-06-30 157.00 33.01 43.57
2019-03-31 157.98 6.03 46.62
2018-12-31 158.96 -20.94 49.67
2018-09-30 162.20 -26.34 57.28
2018-06-30 165.44 -31.73 64.89
2018-03-31 167.30 -55.76 76.21
2017-12-31 169.15 -79.79 87.52
2017-09-30 182.36 -76.98 88.50
2017-06-30 195.57 -74.18 89.48
2017-03-31 381.69 -73.84 140.05
2016-12-31 567.81 -73.49 190.61
2016-09-30 758.44 -545.40 274.05
2016-06-30 949.07 -1,017.31 357.49
2016-03-31 868.79 -981.26 329.86
2015-12-31 788.51 -945.21 302.22
2015-09-30 651.74 -441.46 230.10
2015-06-30 514.97 62.29 157.98
2015-03-31 454.75 96.81 145.81
2014-12-31 417.30 94.40 128.71
2014-09-30 395.19 81.21 118.55
2014-06-30 373.07 68.02 108.39
2014-03-31 351.77 56.72 92.57
2013-12-31 330.48 45.43 76.75
2013-09-30 314.22 43.46 73.38
2013-06-30 297.96 41.49 70.00

*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.
  • Slater and Gordon has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Slater and Gordon used its assets more efficiently than the Europe Consumer Services industry average last year based on Return on Assets.
  • Slater and Gordon has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Slater and Gordon'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 Consumer Services 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.
Slater and Gordon has a total score of 4/6, 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.

OQH Health

 How is Slater and Gordon'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 Slater and Gordon's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Slater and Gordon is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Slater and Gordon's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Slater and Gordon'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 covered by short term assets, assets are 2.1x 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 Slater and Gordon Company Filings, last reported 3 months ago.

DB:OQH Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 158.21 93.25 19.45
2019-09-30 158.21 93.25 19.45
2019-06-30 84.15 158.65 12.63
2019-03-31 84.15 158.65 12.63
2018-12-31 42.61 156.86 16.23
2018-09-30 42.61 156.86 16.23
2018-06-30 63.30 155.12 18.78
2018-03-31 63.30 155.12 18.78
2017-12-31 90.12 117.36 14.39
2017-09-30 90.12 117.36 14.39
2017-06-30 -248.82 777.27 33.30
2017-03-31 -248.82 777.27 33.30
2016-12-31 -125.97 739.30 56.97
2016-09-30 -125.97 739.30 56.97
2016-06-30 305.10 759.17 82.49
2016-03-31 305.10 759.17 82.49
2015-12-31 375.03 795.30 51.89
2015-09-30 375.03 795.30 51.89
2015-06-30 1,350.17 703.30 96.99
2015-03-31 1,434.99 712.55 96.99
2014-12-31 471.40 179.80 38.99
2014-09-30 471.40 179.80 38.99
2014-06-30 418.75 120.93 25.27
2014-03-31 418.75 120.93 25.27
2013-12-31 386.19 103.17 8.95
2013-09-30 386.19 103.17 8.95
2013-06-30 349.21 44.92 20.06
  • Slater and Gordon's level of debt (58.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (36.8% vs 58.9% today).
  • Debt is not well covered by operating cash flow (8.2%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.5x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Slater and Gordon'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. Slater and Gordon 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.

OQH Dividends

 What is Slater and Gordon'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 Slater and Gordon dividends.
If you bought €2,000 of Slater and Gordon 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 Slater and Gordon's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Slater and Gordon'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
DB:OQH 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 0 Analyst Estimates (S&P Global) See Below
Europe Consumer Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 2.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

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

DB:OQH Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2017-02-27 0.000 0.000
2016-08-29 0.000 0.000
2016-02-29 0.000 0.000
2015-08-27 9.000 7.492
2014-08-28 8.000 1.434
2014-08-11 8.000 1.375
2013-08-21 6.600 1.499
2012-08-24 6.000 2.549
2012-02-14 5.800 3.348
2011-09-07 5.500 3.010
2011-02-24 5.200 2.321
2010-08-17 5.000 2.745
2010-02-15 5.250 3.451
2009-08-20 4.250 2.674

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

  • Unable to perform a dividend volatility check as Slater and Gordon has not reported any payouts.
  • Unable to verify if Slater and Gordon's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Slater and Gordon's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Slater and Gordon has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Slater and Gordon'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 Slater and Gordon afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Slater and Gordon 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.

OQH Management

 What is the CEO of Slater and Gordon'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
John Somerville
COMPENSATION A$819,168
TENURE AS CEO 2.2 years
CEO Bio

Mr. John Somerville has been the Chief Executive Officer of Slater and Gordon Limited since February 07, 2018. John Somerville is Managing Director and director since September 26, 2018.

CEO Compensation
  • John's compensation has increased in line with Slater and Gordon recently becoming profitable.
  • John's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Slater and Gordon management team in years:

2
Average Tenure
  • The tenure for the Slater and Gordon management team is about average.
Management Team

John Somerville

TITLE
CEO, MD & Director
COMPENSATION
A$819K
TENURE
2.2 yrs

Scott Butterworth

TITLE
Chief Financial Officer
COMPENSATION
A$1M
TENURE
1.4 yrs

Michael Neilson

TITLE
Executive Director of Legal & Governance
COMPENSATION
A$504K
TENURE
1.9 yrs

Dominique Requin

TITLE
Chief Operating Officer

Kate Van Poelgeest

TITLE
National Media & Communications Manager

Carolyn Noumertzis

TITLE
Chief Human Resources Officer
TENURE
2.6 yrs

Julie Clayton

TITLE
Principal Lawyer of Project Litigation
TENURE
24.3 yrs

Ben Hardwick

TITLE
Head of Class Actions

Dina Tutungi

TITLE
Chief Client Officer

Kirsten Morrison

TITLE
Executive Officer
TENURE
1.9 yrs
Board of Directors Tenure

Average tenure of the Slater and Gordon board of directors in years:

2.1
Average Tenure
  • The average tenure for the Slater and Gordon board of directors is less than 3 years, this suggests a new board.
Board of Directors

James MacKenzie

TITLE
Independent Chairman of the Board
COMPENSATION
A$250K
TENURE
2.3 yrs

John Somerville

TITLE
CEO, MD & Director
COMPENSATION
A$819K
TENURE
1.6 yrs

Michael Neilson

TITLE
Executive Director of Legal & Governance
COMPENSATION
A$504K
TENURE
1.6 yrs

Jacqui Walters

TITLE
Independent Non-Executive Director
COMPENSATION
A$175K
TENURE
2.1 yrs

Elana Rubin

TITLE
Independent Non-Executive Director
COMPENSATION
A$175K
AGE
60
TENURE
2.1 yrs

Merrick Howes

TITLE
Non-Independent Non-Executive Director
COMPENSATION
A$158K
TENURE
2.3 yrs

Mark Dewar

TITLE
Non-Independent Non-Executive Director
COMPENSATION
A$18K
TENURE
0.9 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. Sep 19 Sell Merrill Lynch & Co. Inc., Banking Investments Company 08. May 19 08. May 19 -183 €1.19 €-218
24. Sep 19 Buy Merrill Lynch & Co. Inc., Banking Investments Company 09. May 19 09. May 19 183 €1.22 €224
X
Management checks
We assess Slater and Gordon'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. Slater and Gordon 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.

OQH News

Simply Wall St News

OQH Company Info

Description

Slater and Gordon Limited, a law firm, operates legal practices in Australia. The company provides legal services in various areas, such as workers compensation, motor vehicle accidents, public liability, asbestos, silicosis, military compensation, comcare, institutional abuse, superannuation and disability insurance, medical law, commercial litigation, will, and employment law. It also offers union services, class actions, and estate litigation. The company was founded in 1935 and is based in Melbourne, Australia. Slater and Gordon Limited is a subsidiary of AIO V Finance (Ireland) DAC.

Details
Name: Slater and Gordon Limited
OQH
Exchange: DB
Founded: 1935
A$39,324,713
138,428,817
Website: http://www.slatergordon.com.au
Address: Slater and Gordon Limited
485 La Trobe Street,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX SGH Ordinary Shares Australian Securities Exchange AU AUD 21. May 2007
DB OQH Ordinary Shares Deutsche Boerse AG DE EUR 21. May 2007
CHIA SGH Ordinary Shares Chi-X Australia AU AUD 21. May 2007
Number of employees
Current staff
Staff numbers
0
Slater and Gordon employees.
Industry
Specialized Consumer Services
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 22:23
End of day share price update: 2020/04/07 00:00
Last earnings filing: 2020/02/26
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


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.