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Arena Events Group

AIM:ARE
Snowflake Description

Reasonable growth potential unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ARE
AIM
£26M
Market Cap
  1. Home
  2. GB
  3. Commercial Services
Company description

Arena Events Group plc, through its subsidiaries, provides event rental solutions. The last earnings update was 67 days ago. More info.


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  • Arena Events Group has significant price volatility in the past 3 months.
ARE Share Price and Events
7 Day Returns
-12.8%
AIM:ARE
0.8%
GB Commercial Services
-0.4%
GB Market
1 Year Returns
-74%
AIM:ARE
17.6%
GB Commercial Services
4.5%
GB Market
ARE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Arena Events Group (ARE) -12.8% -11.7% -42.9% -74% - -
GB Commercial Services 0.8% 1.4% 5.6% 17.6% 13.7% 10.6%
GB Market -0.4% 1.7% 4.7% 4.5% 6.9% 2.9%
1 Year Return vs Industry and Market
  • ARE underperformed the Commercial Services industry which returned 17.6% over the past year.
  • ARE underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 4.5% over the past year.
Price Volatility
ARE
Industry
5yr Volatility vs Market

ARE Value

 Is Arena Events Group 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 Arena Events Group 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 Arena Events Group.

AIM:ARE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-06-30) in GBP £ 0.0125
Payout Ratio Company Filings (2019-06-30) -5250%
Discount Rate (Cost of Equity) See below 6.5%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:ARE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.66
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.66 (1 + (1- 19%) (214.52%))
0.79
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.8 * 6.65%)
6.55%

Discounted Cash Flow Calculation for AIM:ARE using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Arena Events Group is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

AIM:ARE Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= £0.01 / (6.55% - 1.23%)
£0.08
AIM:ARE Discount to Share Price
Calculation Result
Value per share (GBP) From above. £0.08
Current discount Discount to share price of £0.17
= -1 x (£0.17 - £0.08) / £0.08
-105.1%

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

  • The current share price of Arena Events Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Arena Events Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Arena Events Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:ARE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in GBP £-0.03
AIM:ARE Share Price ** AIM (2019-11-15) in GBP £0.17
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry PE Ratio Median Figure of 24 Publicly-Listed Commercial Services Companies 18.65x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 751 Publicly-Listed Companies 17.16x

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

** Primary Listing of Arena Events Group.

AIM:ARE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.17 ÷ -0.03

-6.33x

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

  • Arena Events Group is loss making, we can't compare its value to the GB Commercial Services industry average.
  • Arena Events Group is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Arena Events Group's expected growth come at a high price?
Raw Data
AIM:ARE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.33x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
120.6%per year
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry PEG Ratio Median Figure of 19 Publicly-Listed Commercial Services Companies 1.21x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 558 Publicly-Listed Companies 1.4x

*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 Arena Events Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Arena Events Group's assets?
Raw Data
AIM:ARE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in GBP £0.46
AIM:ARE Share Price * AIM (2019-11-15) in GBP £0.17
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry PB Ratio Median Figure of 31 Publicly-Listed Commercial Services Companies 1.79x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,305 Publicly-Listed Companies 1.52x
AIM:ARE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.17 ÷ 0.46

0.37x

* Primary Listing of Arena Events Group.

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

  • Arena Events Group is good value based on assets compared to the GB Commercial Services industry average.
X
Value checks
We assess Arena Events Group'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 Commercial 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 Commercial Services industry average (and greater than 0)? (1 check)
  5. Arena Events Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

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

ARE Future Performance

 How is Arena Events Group 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
120.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Arena Events Group expected to grow at an attractive rate?
  • Arena Events Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Arena Events Group's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Arena Events Group's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:ARE Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:ARE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 120.6%
AIM:ARE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 11.4%
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 15.9%
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 12.6%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*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
AIM:ARE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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.
AIM:ARE Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 182 12 5 1
2019-12-31 173 9 4 1
AIM:ARE Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-06-30 150 1 -4
2019-03-31 143 4 -3
2018-12-31 135 7 -2
2018-09-30 127 4 -1
2018-06-30 119 1 0
2018-03-31 114 2 -2
2017-12-31 109 3 -3
2017-09-30 101 4 -4
2017-06-30 94 5 -5
2017-03-31 93 3 -5
2016-12-31 93 0 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Arena Events Group's earnings are expected to grow significantly at over 20% yearly.
  • Arena Events Group's revenue is expected to grow by 11.4% 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
AIM:ARE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Arena Events Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:ARE Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.03 0.03 0.03 1.00
2019-12-31 0.03 0.03 0.03 1.00
AIM:ARE Past Financials Data
Date (Data in GBP Millions) EPS *
2019-06-30 -0.03
2019-03-31 -0.02
2018-12-31 -0.02
2018-09-30 -0.01
2018-06-30 0.00
2018-03-31 -0.02
2017-12-31 -0.03
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.03
2016-12-31 -0.04

*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 Arena Events Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Arena Events Group'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.
Arena Events Group has a total score of 4/6, 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.

ARE Past Performance

  How has Arena Events Group 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 Arena Events Group's growth in the last year to its industry (Commercial 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.
  • Arena Events Group does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Arena Events Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Arena Events Group's 1-year growth to the GB Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Arena Events Group'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 Arena Events Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:ARE Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 150.20 -4.00 44.00
2019-03-31 142.60 -3.00 41.90
2018-12-31 135.00 -2.00 39.80
2018-09-30 127.00 -1.20 36.40
2018-06-30 119.00 -0.40 32.70
2018-03-31 113.95 -1.90 31.75
2017-12-31 108.90 -3.40 30.80
2017-09-30 101.20 -4.35 30.60
2017-06-30 93.50 -5.30 30.40
2017-03-31 93.35 -4.70 28.55
2016-12-31 93.20 -4.10 26.70
2015-12-31 85.81 -3.11 21.85
2014-12-31 84.80 -2.07 21.73

*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.
  • It is difficult to establish if Arena Events Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Arena Events Group has efficiently used its assets last year compared to the GB Commercial Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Arena Events Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Arena Events Group'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 Commercial 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.
Arena Events Group has a total score of 0/6, 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.

ARE Health

 How is Arena Events Group'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 Arena Events Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Arena Events Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Arena Events Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Arena Events Group'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 1.4x 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 Arena Events Group Company Filings, last reported 4 months ago.

AIM:ARE Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 70.00 34.80 6.20
2019-03-31 70.00 34.80 6.20
2018-12-31 72.00 26.70 7.50
2018-09-30 72.00 26.70 7.50
2018-06-30 55.10 22.40 6.50
2018-03-31 55.10 22.40 6.50
2017-12-31 53.80 15.20 4.30
2017-09-30 53.80 15.20 4.30
2017-06-30 -1.50 50.90 1.10
2017-03-31 -1.50 50.90 1.10
2016-12-31 1.30 53.30 1.60
2015-12-31 4.14 45.93 1.92
2014-12-31 6.10 43.59 1.46
  • Arena Events Group's level of debt (49.7%) compared to net worth is high (greater than 40%).
  • Unable to establish if Arena Events Group's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Arena Events Group has less than a year of cash runway based on current free cash flow.
  • Arena Events Group has less than a year of cash runway if free cash flow continues to grow at historical rates of 55.5% each year.
X
Financial health checks
We assess Arena Events Group'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. Arena Events Group has a total score of 0/6, 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.

ARE Dividends

 What is Arena Events Group'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
8.82%
Current annual income from Arena Events Group dividends. Estimated to be 7.35% next year.
If you bought £2,000 of Arena Events Group shares you are expected to receive £176 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?
  • Arena Events Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.97%).
  • Arena Events Group's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.34%).
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
AIM:ARE 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 Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 2.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 680 Stocks 4.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

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

AIM:ARE Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.02 1.00
2019-12-31 0.01 1.00
AIM:ARE Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-04-10 0.015 5.389
2018-04-26 0.014 2.571
2018-04-11 0.014 2.435
2017-09-25 0.009 1.480

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

  • Whilst dividend payments have been stable, Arena Events Group has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Arena Events Group only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of Arena Events Group's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
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 Arena Events Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Arena Events Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Arena Events Group has a total score of 2/6, see the detailed checks below.


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

ARE Management

 What is the CEO of Arena Events Group'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
Greg Lawless
COMPENSATION £232,000
AGE 59
TENURE AS CEO 8.8 years
CEO Bio

Mr. Gregory Malcolm Lawless, also known as Greg, has been the Chief Executive Officer of Arena Events Group PLC since 2011 and serves as its and Executive Director. Mr. Lawless served as Director of Davy Corporate Finance at Davy Stockbrokers until 1992. He joined Davy Stockbrokers in 1987. In 1993 he joined Allegro Limited and was part of the senior executive team that carried out a buy-out of the business later that year. He left the business in 2000 shortly after the business was sold. He held a number of posts during from 2000 to 2004, mainly on a consultancy basis and he acquired his first business in the event rental sector in 2004 called Hireall along with his former Allegro business partner, Dermot Divilly. He serves as the Vice Chairman at Arena Group. He is a qualified Chartered Accountant in Deloitte in 1982 and subsequently worked with KPMG in both Minneapolis and Dublin.

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

Average tenure of the Arena Events Group management team in years:

2.8
Average Tenure
  • The tenure for the Arena Events Group management team is about average.
Management Team

Greg Lawless

TITLE
Group CEO & Executive Director
COMPENSATION
£232K
AGE
59
TENURE
8.8 yrs

Steve Trowbridge

TITLE
CFO & Director
AGE
46
TENURE
0.1 yrs

Paul Berger

TITLE
Chief Executive Officer of Middle East & Asia
TENURE
10.8 yrs

Paul Bryant

TITLE
Chief Executive Officer of the Americas
TENURE
2.8 yrs

Chris Morris

TITLE
Chief Executive of UK & Europe
TENURE
0.7 yrs
Board of Directors Tenure

Average tenure and age of the Arena Events Group board of directors in years:

2.3
Average Tenure
59.5
Average Age
  • The average tenure for the Arena Events Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ken Hanna

TITLE
Non-Executive Chairman
COMPENSATION
£100K
AGE
65
TENURE
2.3 yrs

Greg Lawless

TITLE
Group CEO & Executive Director
COMPENSATION
£232K
AGE
59

Steve Trowbridge

TITLE
CFO & Director
AGE
46
TENURE
0.1 yrs

Ian Metcalfe

TITLE
Non-Executive Director
COMPENSATION
£40K
AGE
60
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Arena Events Group individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
10. Sep 19 Buy Gregory Lawless Individual 10. Sep 19 10. Sep 19 200,000 £0.21 £42,000
13. Sep 19 Buy Gregory Lawless Individual 13. Sep 19 13. Sep 19 100,000 £0.18 £18,000
X
Management checks
We assess Arena Events Group'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. Arena Events Group 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.

ARE News

Simply Wall St News

Does Arena Events Group (LON:ARE) Have A Healthy Balance Sheet?

We note that Arena Events Group plc (LON:ARE) does have debt on its balance sheet. … Check out our latest analysis for Arena Events Group What Is Arena Events Group's Net Debt? … AIM:ARE Historical Debt, August 23rd 2019 A Look At Arena Events Group's Liabilities According to the last reported balance sheet, Arena Events Group had liabilities of UK£39.1m due within 12 months, and liabilities of UK£35.7m due beyond 12 months.

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Arena Events Group plc (LON:ARE): Time For A Financial Health Check

Arena Events Group plc (LON:ARE) is a small-cap stock with a market capitalization of UK£88m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

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Arena Events Group plc (LON:ARE): Are Analysts Optimistic?

Arena Events Group plc's (LON:ARE):. … Arena Events Group plc, through its subsidiaries, provides event rental solutions. … Check out our latest analysis for Arena Events Group

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Arena Events Group plc (LON:ARE): Ex-Dividend Is In 3 Days, Should You Buy?

Check out our latest analysis for Arena Events Group 5 checks you should do on a dividend stock If you are a dividend investor, you should always assess these five key metrics: Is their annual yield among the top 25% of dividend payers? … AIM:ARE Historical Dividend Yield Jun 3rd 18 Does Arena Events Group pass our checks? … Next Steps: After digging a little deeper into Arena Events Group's yield, it's easy to see why you should be cautious investing in the company just for the dividend.

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Interested In Arena Events Group plc (LON:ARE)? Here's How It Performed Recently

Assessing Arena Events Group plc's (AIM:ARE) performance as a company requires looking at more than just a years' earnings data. … Below, I will run you through a simple sense check to build perspective on how Arena Events Group is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its commercial services industry peers. … AIM:ARE Income Statement May 18th 18 We can further analyze Arena Events Group's loss by looking at what the industry has been experiencing over the past few years.

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Should Arena Events Group plc's (LON:ARE) Recent Earnings Decline Worry You?

Analyzing Arena Events Group plc's (AIM:ARE) track record of past performance is a valuable exercise for investors. … See our latest analysis for Arena Events Group Was ARE's weak performance lately a part of a long-term decline? … AIM:ARE Income Statement Feb 1st 18 We can further evaluate Arena Events Group's loss by looking at what the industry has been experiencing over the past few years.

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Why Arena Events Group plc's (AIM:ARE) Ownership Structure Is Important

In this article, I will take a quick look at Arena Events Group plc’s (AIM:ARE) recent ownership structure – an unconventional investing subject, but an important one. … View our latest analysis for Arena Events Group AIM:ARE Ownership Summary Nov 10th 17 Institutional Ownership In ARE's case, institutional ownership stands at 104.12%, significant enough to cause considerable price moves in the case of large institutional transactions, especially when there is a low level of public shares available on the market to trade. … Insider Ownership Another important group of shareholders are company insiders.

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ARE Company Info

Description

Arena Events Group plc, through its subsidiaries, provides event rental solutions. It specializes in providing temporary event environments, large-scale event project management, and specialist event equipment. It provides temporary structures, such as simple marquees, triple deck temporary buildings, indoor and outdoor temporary seats, interiors, furniture, and ice rinks, as well as tableware under the Well Dressed Tables brand. The company also offers project management and scaffolding services. It serves sports, corporate, ceremonial, mass participation, music, exhibition, and conference markets. It has operations across Europe, the United Kingdom, North America, the Middle East, Asia, and internationally. The company was incorporated in 2017 and is headquartered in London, the United Kingdom.

Details
Name: Arena Events Group plc
ARE
Exchange: AIM
Founded: 2017
£25,824,841
151,910,833
Website: http://www.arenagroup.com
Address: Arena Events Group plc
4 Deer Park Road,
Wimbledon,
London,
Greater London, SW19 3GY,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM ARE Ordinary Shares London Stock Exchange AIM Market GB GBP 25. Jul 2017
Number of employees
Current staff
Staff numbers
1,224
Arena Events Group employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/16 21:46
End of day share price update: 2019/11/15 00:00
Last estimates confirmation: 2019/09/10
Last earnings filing: 2019/09/10
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.