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Georgia Capital

BST:2IX
Snowflake Description

Undervalued with poor track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2IX
BST
£154M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Georgia Capital PLC is a private equity and venture capital firm specializing in early stage, late stage, organic growth and acquisitions. The last earnings update was 32 days ago. More info.


Add to Portfolio Compare Print
  • Georgia Capital is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Georgia Capital has significant price volatility in the past 3 months.
2IX Share Price and Events
7 Day Returns
20.5%
BST:2IX
12.4%
DE Capital Markets
7.3%
DE Market
1 Year Returns
-
BST:2IX
-8.8%
DE Capital Markets
-17.7%
DE Market
2IX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Georgia Capital (2IX) 20.5% -38.6% - - - -
DE Capital Markets 12.4% -22.2% -16.8% -8.8% -29.1% -56.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • No trading data on 2IX.
  • No trading data on 2IX.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Georgia Capital 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 Georgia Capital 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 Georgia Capital.

BST:2IX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= GEL36.61 * 4.4%
GEL1.62
Book Value of Equity per Share Median Book Value from the past 5 years. GEL36.61
Discount Rate (Cost of Equity) See below 4.7%
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 BST:2IX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.751 (1 + (1- 19%) (0%))
0.833
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.833 * 6.07%)
4.67%

Discounted Cash Flow Calculation for BST:2IX using Excess Returns Model Model

The calculations below outline how an intrinsic value for Georgia Capital is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

BST:2IX Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (4.4% – 4.67%) * GEL36.61)
GEL-0.09
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= GEL-0.09 / (4.67% - -0.39%)
GEL-1.72
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= GEL36.61 + GEL-1.72
GEL34.89
BST:2IX Discount to Share Price
Calculation Result
Exchange Rate GEL/GBP
(Reporting currency to currency of LSE:CGEO)
0.245
Value per Share
(GBP)
= Value per Share in GEL x Exchange Rate (GEL/GBP)
= GEL34.89 x 0.245
£8.55
Non-primary Listing Adjustment Factor 1 share in BST:2IX represents 1.1x of LSE:CGEO
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.1x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 8.55 x 1.1
€9.40
Value per share (EUR) From above. €9.40
Current discount Discount to share price of €4.68
= -1 x (€4.68 - €9.40) / €9.40
50.3%

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

Current Discount
Amount off the current price Georgia Capital is available for.
Intrinsic value
>50%
Share price is €4.68 vs Future cash flow value of €9.4
Current Discount Checks
For Georgia Capital to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Georgia Capital's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Georgia Capital'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 Georgia Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Georgia Capital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:2IX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in GEL GEL16.45
LSE:CGEO Share Price ** LSE (2020-03-30) in GBP £4.25
LSE:CGEO Share Price converted to GEL reporting currency Exchange rate (GBP/ GEL) 4.081 GEL17.34
Germany Capital Markets Industry PE Ratio Median Figure of 17 Publicly-Listed Capital Markets Companies 21.49x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

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

** Primary Listing of Georgia Capital.

BST:2IX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:CGEO Share Price ÷ EPS (both in GEL)

= 17.34 ÷ 16.45

1.05x

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

  • Georgia Capital is good value based on earnings compared to the DE Capital Markets industry average.
  • Georgia Capital is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Georgia Capital's expected growth come at a high price?
Raw Data
BST:2IX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 1.05x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-65.6%per year
Germany Capital Markets Industry PEG Ratio Median Figure of 7 Publicly-Listed Capital Markets Companies 1.63x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

BST:2IX PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 1.05x ÷ -65.6%

-0.02x

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

  • Georgia Capital earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Georgia Capital's assets?
Raw Data
BST:2IX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in GEL GEL51.76
LSE:CGEO Share Price * LSE (2020-03-30) in GBP £4.25
LSE:CGEO Share Price converted to GEL reporting currency Exchange rate (GBP/ GEL) 4.081 GEL17.34
Germany Capital Markets Industry PB Ratio Median Figure of 32 Publicly-Listed Capital Markets Companies 1.5x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
BST:2IX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:CGEO Share Price ÷ Book Value per Share (both in GEL)

= 17.34 ÷ 51.76

0.34x

* Primary Listing of Georgia Capital.

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

  • Georgia Capital is good value based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess Georgia Capital'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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. Georgia Capital 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.

Future Performance

 How is Georgia Capital expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
-65.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Georgia Capital expected to grow at an attractive rate?
  • Georgia Capital's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Georgia Capital's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • Unable to compare Georgia Capital's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:2IX Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:2IX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -65.6%
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 40.9%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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:2IX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GEL Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:2IX Future Estimates Data
Date (Data in GEL Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 204
2020-12-31 157
2020-03-30
BST:2IX Past Financials Data
Date (Data in GEL Millions) Revenue Cash Flow Net Income *
2019-12-31 1,473 256 569
2019-09-30 1,194 201 246
2019-06-30 1,339 201 -38
2019-03-31 1,311 182 -24
2018-12-31 1,283 164 -9
2018-09-30 1,643 213 35
2018-06-30 1,580 208 42
2018-03-31 1,354 181 56
2017-12-31 1,127 155 70

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Georgia Capital's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Georgia Capital 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
BST:2IX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Georgia Capital Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:2IX Future Estimates Data
Date (Data in GEL Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2020-03-30
BST:2IX Past Financials Data
Date (Data in GEL Millions) EPS *
2019-12-31 16.45
2019-09-30 7.01
2019-06-30 -1.06
2019-03-31 -0.65
2018-12-31 -0.26
2018-09-30 0.99
2018-06-30 1.21
2018-03-31 1.73
2017-12-31 2.34

*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 Georgia Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Georgia Capital'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.
Georgia Capital 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.

Past Performance

  How has Georgia Capital 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 Georgia Capital's growth in the last year to its industry (Capital Markets).
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.
  • Insufficient data to establish if Georgia Capital's year on year earnings growth rate was positive over the past 5 years.
  • Georgia Capital has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Georgia Capital has become profitable in the last year making it difficult to compare the DE Capital Markets industry average.
Earnings and Revenue History
Georgia Capital'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 Georgia Capital Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:2IX Past Revenue, Cash Flow and Net Income Data
Date (Data in GEL Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,473.44 569.26 317.93
2019-09-30 1,194.40 246.46 254.36
2019-06-30 1,338.84 -37.71 253.61
2019-03-31 1,310.85 -23.60 241.48
2018-12-31 1,282.87 -9.50 229.35
2018-09-30 1,643.16 35.33 276.38
2018-06-30 1,579.97 41.53 260.60
2018-03-31 1,353.57 55.83 220.73
2017-12-31 1,127.17 70.13 180.85

*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.
  • Whilst Georgia Capital has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • Georgia Capital used its assets more efficiently than the DE Capital Markets industry average last year based on Return on Assets.
  • Unable to establish if Georgia Capital improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Georgia Capital'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 Capital Markets 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.
Georgia Capital has a total score of 1/6, 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.

Health

 How is Georgia Capital'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 Georgia Capital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Georgia Capital's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Georgia Capital's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Georgia Capital'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 -0x 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 Georgia Capital Company Filings, last reported 2 months ago.

BST:2IX Past Debt and Equity Data
Date (Data in GEL Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,752.02 0.00 1.24
2019-09-30 1,752.02 0.00 1.24
2019-06-30 1,503.83 1,974.93 254.58
2019-03-31 1,503.83 1,974.93 254.58
2018-12-31 1,530.82 1,680.76 292.85
2018-09-30 1,530.82 1,680.76 292.85
2018-06-30 1,658.55 1,107.24 270.66
2018-03-31 1,658.55 1,107.24 270.66
2017-12-31 1,142.23 728.57 376.73
  • Unable to establish if Georgia Capital's level of debt is high without past debt data.
  • Unable to establish if Georgia Capital's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Georgia Capital has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Georgia Capital'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. Georgia Capital has a total score of 1/6, 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.

Dividends

 What is Georgia Capital'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 Georgia Capital dividends. Estimated to be 0% next year.
If you bought €2,000 of Georgia Capital 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 Georgia Capital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Georgia Capital'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
BST:2IX 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 1 Analyst Estimates (S&P Global) See Below
Germany Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

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

BST:2IX Future Dividends Estimate Data
Date (Data in GEL) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2020-03-30

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

  • Unable to perform a dividend volatility check as Georgia Capital has not reported any payouts.
  • Unable to verify if Georgia Capital's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Georgia Capital's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Georgia Capital has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Georgia Capital's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Georgia Capital's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 Georgia Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Georgia Capital 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.

Management

 What is the CEO of Georgia Capital'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
Irakli Gilauri
AGE 43
CEO Bio

Mr. Irakli Gilauri served as the Chairman and Chief Executive Officer at Georgia Capital PLC. He is the Chief executive Officer at JSC BGEO Group. He served as Non-Executive Chairman of Georgia Healthcare Group Plc September 4, 2015. He serves as the Chief Executive Officer of SC BGEO Group. He serves as Non-Executive director from September 20, 2018. Mr. Gilauri was the Group Chief Executive Officer of BGEO Group plc since 2011 and served as its Member of Management Board. Mr. Gilauri served as the Chairman of Management Board at JSC Bank of Georgia from August 2015 to October 17, 2015. He has been the Non-Executive Chairman of the Board at JSC Georgia Healthcare Group since August 28, 2015. Mr. Gilauri served as the Chief Executive Officer of JSC Bank of Georgia from May 2006 to August 2015 and also serves as its Member of Management Board. He served as the Chief Financial Officer of JSC Bank of Georgia since September 2004. Prior to that, Mr. Gilauri served as a Banker of EBRD's Tbilisi and London offices for five years, during which time, he served on Financial institutions and private equity deals. He serves as Chairman of BGEO Group plc. He served as the Chairman at JSC Bank of Georgia since December 5, 2015 until 2018. He served as the Chairman of JSC Bank of Georgia since December 4, 2014. He served as the Chairman of Joint Stock Company Belarusky Narodny Bank. He has been an Executive Director at BGEO Group plc since October 24, 2011. He served as a Member of Supervisory Board at Joint Stock Company Belarusky Narodny Bank. He served as a Member of Supervisory Board at JSC Bank of Georgia from June 2009 to June 9, 2010. Mr. Gilauri obtained a Bachelor's degree from 1994 to 1998 in Business Studies: Economics and Finance from University of Limerick in the Republic of Ireland. Mr. Gilauri was awarded a Chevening Scholarship granted by the British Council, providing him an opportunity to study from 2003 to 2004 at the Cass Business School of the City University, where he obtained an Master of Science Degree in Banking and International Finance.

CEO Compensation
  • Insufficient data for Irakli to compare compensation growth.
  • Insufficient data for Irakli to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Irakli Gilauri

TITLE
Chairman & CEO
AGE
43

Giorgi Alpaidze

TITLE
Chief Financial Officer

Ekaterina Shavgulidze

TITLE
Chief Investment Officer

Nino Rekhviashvili

TITLE
Head of Investor Relations & Funding

Levan Dadiani

TITLE
General Counsel
TENURE
1.2 yrs

Avto Namicheishvili

TITLE
Deputy CEO
AGE
45

Rebecca Wooldridge

TITLE
General Counsel of UK

Giorgi Akishbaia

TITLE
Head of Internal Audit
TENURE
2.2 yrs

Ia Gabunia

TITLE
Chief Exit Strategy Officer

Zura Nemsadze

TITLE
Head of Finance
Board of Directors Tenure

Average tenure and age of the Georgia Capital board of directors in years:

2
Average Tenure
57
Average Age
  • The average tenure for the Georgia Capital board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Morrison

TITLE
Senior Independent Non-Executive Director
AGE
66
TENURE
2 yrs

Irakli Gilauri

TITLE
Chairman & CEO
AGE
43

Jyrki Talvitie

TITLE
Non-Executive Director
AGE
53
TENURE
2 yrs

Kim Bradley

TITLE
Non-Executive Director
TENURE
1.9 yrs

Massimo Gesua’ Salvadori

TITLE
Non-Executive Director

Caroline Brown

TITLE
Non-Executive Director
AGE
57
TENURE
1.9 yrs

Maria Chatti-Gautier

TITLE
Independent Non-Executive Director
AGE
61
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 (€)
03. Feb 20 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 31. Jan 20 31. Jan 20 48,424 €9.69 €468,457
27. Jan 20 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 24. Jan 20 24. Jan 20 65,000 €9.73 €632,562
20. Jan 20 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 17. Jan 20 17. Jan 20 55,000 €10.30 €566,454
06. Jan 20 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 03. Jan 20 03. Jan 20 17,905 €10.49 €187,796
16. Dec 19 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 13. Dec 19 13. Dec 19 36,061 €10.99 €396,448
09. Dec 19 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 06. Dec 19 06. Dec 19 80,469 €10.97 €882,489
18. Nov 19 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 15. Nov 19 15. Nov 19 110,548 €11.66 €1,289,410
11. Nov 19 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 08. Nov 19 08. Nov 19 100,000 €11.49 €1,148,808
04. Nov 19 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 01. Nov 19 01. Nov 19 50,000 €11.30 €564,892
28. Oct 19 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 25. Oct 19 25. Oct 19 38,747 €11.32 €438,464
14. Oct 19 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 11. Oct 19 11. Oct 19 56,000 €11.41 €638,940
07. Oct 19 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 04. Oct 19 04. Oct 19 90,000 €11.23 €1,010,952
30. Sep 19 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 27. Sep 19 27. Sep 19 26,000 €11.51 €299,176
23. Sep 19 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 20. Sep 19 20. Sep 19 25,000 €11.76 €294,065
09. Sep 19 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 06. Sep 19 06. Sep 19 106,000 €11.19 €1,185,706
02. Sep 19 Buy The Jsc Georgia Capital Executive Equity Compensation Trust Company 30. Aug 19 30. Aug 19 80,000 €11.11 €888,937
X
Management checks
We assess Georgia Capital'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. Georgia Capital 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.

News

Simply Wall St News

Company Info

Description

Georgia Capital PLC is a private equity and venture capital firm specializing in early stage, late stage, organic growth and acquisitions. It consider greenfields through mature stage companies. The firm typically invests in high-multiple businesses, defensive industries – service and consumer. It seeks to invest in Georgia. The firm seeks board position in public portfolio companies. It exits through IPO or trade sale in five to ten years. Georgia Capital PLC is based in London, Greater London with additional office in Tbilisi, Georgia. Georgia Capital PLC operates independently of BGEO Group plc as of May 29, 2018.

Details
Name: Georgia Capital PLC
2IX
Exchange: BST
Founded:
£173,658,895
36,338,897
Website: http://www.georgiacapital.ge
Address: Georgia Capital PLC
84 Brook Street,
London,
Greater London, W1K 5EH,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE CGEO Ordinary Shares London Stock Exchange GB GBP 29. May 2018
OTCPK GRGC.F Ordinary Shares Pink Sheets LLC US USD 29. May 2018
BST 2IX Ordinary Shares Boerse-Stuttgart DE EUR 29. May 2018
BATS-CHIXE CGEOL Ordinary Shares BATS 'Chi-X Europe' GB GBP 29. May 2018
Number of employees
Current staff
Staff numbers
20,000
Georgia Capital employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 23:45
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/12
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.