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TClarke

BATS-CHIXE:CTOL
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CTOL
BATS-CHIXE
£37M
Market Cap
  1. Home
  2. GB
  3. Capital Goods
Company description

TClarke plc, together with its subsidiaries, operates as a building services contractor in the United Kingdom. The last earnings update was 20 days ago. More info.


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CTOL Share Price and Events
7 Day Returns
0%
BATS-CHIXE:CTOL
5.4%
GB Construction
1.7%
GB Market
1 Year Returns
-
BATS-CHIXE:CTOL
-30.5%
GB Construction
-21.8%
GB Market
CTOL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TClarke (CTOL) 0% 0% - - - -
GB Construction 5.4% -14.8% -19.7% -30.5% -55.9% -54.8%
GB Market 1.7% -12% -25.3% -21.8% -22.8% -22.4%
1 Year Return vs Industry and Market
  • No trading data on CTOL.
  • No trading data on CTOL.
Price Volatility
CTOL
Industry
5yr Volatility vs Market

Value

 Is TClarke 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 TClarke 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 TClarke.

BATS-CHIXE:CTOL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.4%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

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 BATS-CHIXE:CTOL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
Construction Unlevered Beta Simply Wall St/ S&P Global 0.88
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.882 (1 + (1- 19%) (11.37%))
0.975
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.98
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (0.975 * 6.07%)
6.45%

Discounted Cash Flow Calculation for BATS-CHIXE:CTOL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for TClarke 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.

BATS-CHIXE:CTOL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 6.45%)
2020 1.10 Analyst x1 1.03
2021 5.70 Analyst x1 5.03
2022 6.67 Est @ 16.99% 5.53
2023 7.47 Est @ 12.05% 5.82
2024 8.11 Est @ 8.6% 5.94
2025 8.62 Est @ 6.18% 5.92
2026 9.00 Est @ 4.48% 5.81
2027 9.30 Est @ 3.3% 5.64
2028 9.53 Est @ 2.47% 5.43
2029 9.71 Est @ 1.89% 5.20
Present value of next 10 years cash flows £51.00
BATS-CHIXE:CTOL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £9.71 × (1 + 0.53%) ÷ (6.45% – 0.53%)
£164.86
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £164.86 ÷ (1 + 6.45%)10
£88.24
BATS-CHIXE:CTOL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £51.00 + £88.24
£139.24
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £139.24 / 42.21
£3.3
BATS-CHIXE:CTOL Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:CTOL represents 1.2x of LSE:CTO
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.2x
Value per Share
(Listing Adjusted, GBP)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 3.30 x 1.2
£3.96
Value per share (GBP) From above. £3.96
Current discount Discount to share price of £1.05
= -1 x (£1.05 - £3.96) / £3.96
73.5%

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

Current Discount
Amount off the current price TClarke is available for.
Intrinsic value
>50%
Share price is £1.05 vs Future cash flow value of £3.96
Current Discount Checks
For TClarke to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • TClarke's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • TClarke'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 TClarke's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TClarke's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:CTOL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in GBP £0.19
LSE:CTO Share Price ** LSE (2020-02-28) in GBP £0.88
United Kingdom of Great Britain and Northern Ireland Construction Industry PE Ratio Median Figure of 17 Publicly-Listed Construction Companies 7.79x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 13x

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

** Primary Listing of TClarke.

BATS-CHIXE:CTOL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:CTO Share Price ÷ EPS (both in GBP)

= 0.88 ÷ 0.19

4.73x

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

  • TClarke is good value based on earnings compared to the GB Construction industry average.
  • TClarke is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does TClarke's expected growth come at a high price?
Raw Data
BATS-CHIXE:CTOL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.73x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
0.6%per year
United Kingdom of Great Britain and Northern Ireland Construction Industry PEG Ratio Median Figure of 9 Publicly-Listed Construction Companies 0.88x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 518 Publicly-Listed Companies 1.02x

*Line of best fit is calculated by linear regression .

BATS-CHIXE:CTOL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 4.73x ÷ 0.6%

7.3x

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

  • TClarke is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on TClarke's assets?
Raw Data
BATS-CHIXE:CTOL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in GBP £0.54
LSE:CTO Share Price * LSE (2020-02-28) in GBP £0.88
United Kingdom of Great Britain and Northern Ireland Construction Industry PB Ratio Median Figure of 19 Publicly-Listed Construction Companies 1.09x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.13x
BATS-CHIXE:CTOL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:CTO Share Price ÷ Book Value per Share (both in GBP)

= 0.88 ÷ 0.54

1.61x

* Primary Listing of TClarke.

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

  • TClarke is overvalued based on assets compared to the GB Construction industry average.
X
Value checks
We assess TClarke'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 Construction 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 Construction industry average (and greater than 0)? (1 check)
  5. TClarke has a total score of 4/6, 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 TClarke 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
0.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TClarke expected to grow at an attractive rate?
  • TClarke's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • TClarke's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • TClarke's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:CTOL Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:CTOL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 0.6%
BATS-CHIXE:CTOL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 3.5%
United Kingdom of Great Britain and Northern Ireland Construction Industry Earnings Growth Rate Market Cap Weighted Average 15.8%
United Kingdom of Great Britain and Northern Ireland Construction Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.6%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*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
BATS-CHIXE:CTOL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:CTOL Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 359 5 8 1
2020-12-31 337 0 7 1
2020-04-08
BATS-CHIXE:CTOL Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-12-31 335 4 8
2019-09-30 340 3 7
2019-06-30 345 3 7
2019-03-31 336 3 6
2018-12-31 327 4 6
2018-09-30 324 5 7
2018-06-30 322 6 7
2018-03-31 317 7 6
2017-12-31 311 7 6
2017-09-30 306 5 4
2017-06-30 300 4 3
2017-03-31 289 4 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • TClarke's earnings are expected to grow by 0.6% yearly, however this is not considered high growth (20% yearly).
  • TClarke's revenue is expected to grow by 3.5% 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
BATS-CHIXE:CTOL 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 1 Analyst Estimates (S&P Global) See Below

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

BATS-CHIXE:CTOL Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.19 0.19 0.19 1.00
2020-12-31 0.17 0.17 0.17 1.00
2020-04-08
BATS-CHIXE:CTOL Past Financials Data
Date (Data in GBP Millions) EPS *
2019-12-31 0.19
2019-09-30 0.17
2019-06-30 0.16
2019-03-31 0.15
2018-12-31 0.15
2018-09-30 0.16
2018-06-30 0.18
2018-03-31 0.16
2017-12-31 0.13
2017-09-30 0.11
2017-06-30 0.08
2017-03-31 0.07

*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 TClarke will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess TClarke'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
TClarke has a total score of 2/6, 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 TClarke 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 TClarke's growth in the last year to its industry (Construction).
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.
  • TClarke has delivered over 20% year on year earnings growth in the past 5 years.
  • TClarke's 1-year earnings growth is less than its 5-year average (25.8% vs 37.3%)
  • TClarke's earnings growth has exceeded the GB Construction industry average in the past year (25.8% vs 6.6%).
Earnings and Revenue History
TClarke'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 TClarke Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:CTOL Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 334.60 7.80 29.00
2019-09-30 339.60 7.15 31.70
2019-06-30 344.60 6.50 34.40
2019-03-31 335.70 6.35 32.70
2018-12-31 326.80 6.20 31.00
2018-09-30 324.35 6.75 31.35
2018-06-30 321.90 7.30 31.70
2018-03-31 316.55 6.45 31.65
2017-12-31 311.20 5.60 31.60
2017-09-30 305.50 4.40 29.55
2017-06-30 299.80 3.20 27.50
2017-03-31 289.20 3.05 26.90
2016-12-31 278.60 2.90 26.30
2016-09-30 267.65 2.90 25.40
2016-06-30 256.70 2.90 24.50
2016-03-31 249.55 2.85 24.05
2015-12-31 242.40 2.80 23.60
2015-06-30 205.40 0.40 22.40
2015-03-31 206.65 -0.15 22.05
2014-12-31 207.90 -0.70 21.70
2014-09-30 219.85 0.00 22.00
2014-06-30 212.20 0.60 21.10
2014-03-31 214.65 0.85 20.95
2013-12-31 217.10 1.10 20.80
2013-09-30 217.44 1.09 21.13
2013-06-30 217.78 1.08 21.46

*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.
  • TClarke has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • TClarke used its assets more efficiently than the GB Construction industry average last year based on Return on Assets.
  • TClarke has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess TClarke'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 Construction 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.
TClarke has a total score of 5/6, 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 TClarke'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 TClarke's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TClarke is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • TClarke's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of TClarke'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.115766807681E+17x 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 TClarke Company Filings, last reported 3 months ago.

BATS-CHIXE:CTOL Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 22.90 0.00 12.40
2019-09-30 22.90 0.00 12.40
2019-06-30 21.50 0.00 3.60
2019-03-31 21.50 0.00 3.60
2018-12-31 22.10 0.00 12.40
2018-09-30 22.10 0.00 12.40
2018-06-30 22.30 5.00 9.70
2018-03-31 22.30 5.00 9.70
2017-12-31 16.40 5.00 16.70
2017-09-30 16.40 5.00 16.70
2017-06-30 13.90 3.00 5.40
2017-03-31 13.90 3.00 5.40
2016-12-31 14.10 3.00 12.30
2016-09-30 14.10 3.00 12.30
2016-06-30 12.90 5.00 6.30
2016-03-31 12.90 5.00 6.30
2015-12-31 19.60 5.00 11.70
2015-06-30 19.20 9.20 0.50
2015-03-31 19.20 9.20 0.50
2014-12-31 18.90 5.00 10.30
2014-09-30 18.90 5.00 10.30
2014-06-30 23.30 5.00 0.70
2014-03-31 23.30 5.00 0.70
2013-12-31 24.70 0.00 1.00
2013-09-30 24.70 0.00 1.00
2013-06-30 24.40 0.00 7.85
  • TClarke's level of debt (0%) 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 (22.9% vs 0% today).
  • Debt is well covered by operating cash flow (4.3910096366862E+17%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 31x coverage).
X
Financial health checks
We assess TClarke'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. TClarke has a total score of 6/6, 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 TClarke'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
5.03%
Current annual income from TClarke dividends. Estimated to be 5.54% next year.
If you bought £2,000 of TClarke shares you are expected to receive £101 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?
  • TClarke's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.51%).
  • TClarke's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (6.87%).
Upcoming dividend payment

Purchase TClarke 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
BATS-CHIXE:CTOL 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
United Kingdom of Great Britain and Northern Ireland Construction Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 5.4%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 Stocks 5.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.5%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 6.9%

Industry and Market average data is calculated daily.

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

BATS-CHIXE:CTOL Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.05 1.00
2020-12-31 0.05 1.00
2020-04-08
BATS-CHIXE:CTOL Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2020-03-19 0.044 5.351
2019-03-26 0.040 3.483
2018-04-19 0.035 4.011
2018-03-27 0.035 4.200
2017-03-29 0.032 3.948
2017-03-28 0.032 3.963
2016-03-22 0.031 4.368
2015-04-07 0.031 3.920
2015-03-24 0.031 4.360
2014-03-18 0.031 5.083
2013-04-05 0.030 4.930
2013-03-19 0.030 5.404
2012-04-05 0.030 6.087
2012-03-20 0.030 6.124
2011-08-26 0.020 4.827
2011-03-18 0.085 9.643
2010-03-19 0.130 10.597
2009-08-21 0.130 9.363

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of TClarke's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.7x coverage).
X
Income/ dividend checks
We assess TClarke's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 TClarke afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. TClarke has a total score of 3/6, 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 TClarke'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
Mark Lawrence
COMPENSATION £870,871
AGE 51
TENURE AS CEO 10.3 years
CEO Bio

Mr. Mark Lawrence has been Group Chief Executive of T Clarke plc since January 1, 2010, Managing Director of London operations since 2007. Mr. Lawrence served as Technical director of T Clarke plc. He has been an Executive Director of T Clarke plc May 2, 2003. He is an Electrical Engineer.

CEO Compensation
  • Mark's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Mark's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the TClarke management team in years:

3
Average Tenure
54.5
Average Age
  • The tenure for the TClarke management team is about average.
Management Team

Mark Lawrence

TITLE
CEO, MD of London Operations & Executive Director
COMPENSATION
£871K
AGE
51
TENURE
10.3 yrs

Mike Crowder

TITLE
Group MD & Executive Director
COMPENSATION
£777K
AGE
53

Trevor Mitchell

TITLE
Group Finance Director & Executive Director
AGE
59
TENURE
2.2 yrs

Mick Jobling

TITLE
Group Human Resources Director
TENURE
1.3 yrs

Kevin Bones

TITLE
Managing Director of Central & South West

Gary Jackson

TITLE
Managing Director of Scotland

Kevin Mullen

TITLE
Managing Director of Northern region

Sally Higgins

TITLE
Chief Buyer

David Lanchester

TITLE
Company Secretary
TENURE
3 yrs

Mark Preston

TITLE
Technical Director of Design
AGE
56
TENURE
18.3 yrs
Board of Directors Tenure

Average tenure and age of the TClarke board of directors in years:

2.3
Average Tenure
58
Average Age
  • The average tenure for the TClarke board of directors is less than 3 years, this suggests a new board.
Board of Directors

Iain McCusker

TITLE
Chairman of the Board
COMPENSATION
£60K
AGE
67
TENURE
4.5 yrs

Mark Lawrence

TITLE
CEO, MD of London Operations & Executive Director
COMPENSATION
£871K
AGE
51
TENURE
16.9 yrs

Mike Crowder

TITLE
Group MD & Executive Director
COMPENSATION
£777K
AGE
53
TENURE
13.3 yrs

Trevor Mitchell

TITLE
Group Finance Director & Executive Director
AGE
59
TENURE
2.2 yrs

Peter Maskell

TITLE
Independent Non-Executive Director
AGE
61
TENURE
2.3 yrs

Mike Robson

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£46K
AGE
58
TENURE
1.9 yrs

Louise Dier

TITLE
Independent Non-Executive Director
AGE
58
TENURE
1.3 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 (£)
17. Dec 19 Buy Mike Robson Individual 13. Dec 19 13. Dec 19 1,000 £1.28 £1,277
X
Management checks
We assess TClarke'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. TClarke 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

TClarke plc, together with its subsidiaries, operates as a building services contractor in the United Kingdom. The company primarily offers electrical and mechanical contracting and related services to the construction industry and end users, as well as ICT services. It provides services in the areas of intelligent buildings, an in-house ICT services; residential, public sector, and engineering facilities management services; rail and airport construction services; in-house precision prefabrication and engineering services; and design and build services; residential properties and hotels; turnkey engineering services for the healthcare sector; and critical data and power projects. The company was founded in 1889 and is headquartered in London, the United Kingdom.

Details
Name: TClarke plc
CTOL
Exchange: BATS-CHIXE
Founded: 1889
£36,934,581
42,210,950
Website: http://www.tclarke.co.uk
Address: TClarke plc
45 Moorfields,
London,
Greater London, EC2Y 9AE,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE CTO Ordinary Shares London Stock Exchange GB GBP 02. Jan 1992
BATS-CHIXE CTOL Ordinary Shares BATS 'Chi-X Europe' GB GBP 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
TClarke employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 19:56
End of day share price update: 2020/02/28 00:00
Last estimates confirmation: 2020/03/19
Last earnings filing: 2020/03/19
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.