Loading...

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

Christie Group

AIM:CTG
Snowflake Description

Acceptable track record and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CTG
AIM
£19M
Market Cap
  1. Home
  2. GB
  3. Commercial Services
Company description

Christie Group plc, together with its subsidiaries, provides professional business services for leisure, retail, and care sectors in Europe and internationally. The last earnings update was 185 days ago. More info.


Add to Portfolio Compare Print
  • Christie Group has significant price volatility in the past 3 months.
CTG Share Price and Events
7 Day Returns
-5.8%
AIM:CTG
-5.5%
GB Professional Services
-3.3%
GB Market
1 Year Returns
-26%
AIM:CTG
-2.9%
GB Professional Services
-25%
GB Market
CTG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Christie Group (CTG) -5.8% -34.4% -36.1% -26% -5.8% -46.9%
GB Professional Services -5.5% -16.3% -17% -2.9% 11.5% 45.9%
GB Market -3.3% -19.5% -28.9% -25% -25.8% -24.1%
1 Year Return vs Industry and Market
  • CTG underperformed the Professional Services industry which returned -2.9% over the past year.
  • CTG underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -25% over the past year.
Price Volatility
CTG
Industry
5yr Volatility vs Market

Value

 Is Christie 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 Christie 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 Christie Group.

AIM:CTG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-06-30) in GBP £ .030000
Payout Ratio Company Filings (2019-06-30) 2672.5%
Discount Rate (Cost of Equity) See below 6%
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 AIM:CTG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.78
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.776 (1 + (1- 19%) (78.37%))
0.898
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.9
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (0.898 * 6.07%)
5.98%

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

The calculations below outline how an intrinsic value for Christie 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:CTG Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= £0.03 / (5.98% - 0.53%)
£0.09
AIM:CTG Discount to Share Price
Calculation Result
Value per share (GBP) From above. £0.09
Current discount Discount to share price of £0.73
= -1 x (£0.73 - £0.09) / £0.09
-746.9%

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

  • The current share price of Christie 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 Christie Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Christie Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:CTG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in GBP £0.09
AIM:CTG Share Price ** AIM (2020-04-02) in GBP £0.73
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PE Ratio Median Figure of 30 Publicly-Listed Professional Services Companies 15.31x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.47x

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

** Primary Listing of Christie Group.

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

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

= 0.73 ÷ 0.09

8.3x

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

  • Christie Group is good value based on earnings compared to the GB Professional Services industry average.
  • Christie Group is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Christie Group's expected growth come at a high price?
Raw Data
AIM:CTG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.3x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PEG Ratio Median Figure of 19 Publicly-Listed Professional Services Companies 1.04x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 522 Publicly-Listed Companies 0.98x

*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 Christie Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Christie Group's assets?
Raw Data
AIM:CTG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in GBP £-0.09
AIM:CTG Share Price * AIM (2020-04-02) in GBP £0.73
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PB Ratio Median Figure of 42 Publicly-Listed Professional Services Companies 2.26x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.08x
AIM:CTG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.73 ÷ -0.09

-8.26x

* Primary Listing of Christie Group.

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

  • Christie Group has negative assets, we can't compare the value of its assets to the GB Professional Services industry average.
X
Value checks
We assess Christie 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 Professional 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 Professional Services industry average (and greater than 0)? (1 check)
  5. Christie Group has a total score of 2/6, 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 Christie Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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

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

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.3%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Christie Group expected to grow at an attractive rate?
  • Unable to compare Christie Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Christie Group's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Christie Group's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:CTG Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 8.3%
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
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 2.4%

*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:CTG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:CTG Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
AIM:CTG Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-06-30 76 1 2
2019-03-31 76 1 3
2018-12-31 76 2 3
2018-09-30 76 3 3
2018-06-30 75 4 3
2018-03-31 73 4 3
2017-12-31 72 5 2
2017-09-30 70 4 3
2017-06-30 68 3 3
2017-03-31 66 1 2
2016-12-31 64 -1 1
2016-09-30 64 -1 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Christie Group is high growth as no earnings estimate data is available.
  • Unable to determine if Christie Group 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
AIM:CTG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Christie Group Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:CTG Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
AIM:CTG Past Financials Data
Date (Data in GBP Millions) EPS *
2019-06-30 0.09
2019-03-31 0.10
2018-12-31 0.11
2018-09-30 0.12
2018-06-30 0.13
2018-03-31 0.11
2017-12-31 0.09
2017-09-30 0.11
2017-06-30 0.12
2017-03-31 0.09
2016-12-31 0.05
2016-09-30 0.03

*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 Christie Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of CTG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Christie Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Christie Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Christie 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.
Christie Group 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 Christie Group performed over the past 5 years?

  • Christie Group's last earnings update was 185 days ago.
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 Christie Group's growth in the last year to its industry (Professional 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.
  • Christie Group's year on year earnings growth rate has been positive over the past 5 years.
  • Christie Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Christie Group's 1-year earnings growth is negative, it can't be compared to the GB Professional Services industry average.
Earnings and Revenue History
Christie 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 Christie Group Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:CTG 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 75.83 2.29 0.02
2019-03-31 75.96 2.63 0.02
2018-12-31 76.09 2.96 0.02
2018-09-30 75.60 3.21 -0.02
2018-06-30 75.11 3.46 -0.06
2018-03-31 73.37 2.98 -0.06
2017-12-31 71.64 2.50 -0.06
2017-09-30 69.74 2.82 0.07
2017-06-30 67.84 3.13 0.19
2017-03-31 66.16 2.28 0.19
2016-12-31 64.49 1.42 0.19
2016-09-30 64.03 0.86 0.03
2016-06-30 63.58 0.32 -0.14
2016-03-31 63.66 1.52 -0.14
2015-12-31 63.74 2.71 -0.14
2015-09-30 63.54 2.90 -0.04
2015-06-30 63.34 3.09 0.06
2015-03-31 62.18 2.77 0.06
2014-12-31 61.01 2.46 0.06
2014-09-30 59.43 1.97 0.05
2014-06-30 57.86 1.49 0.05
2014-03-31 56.01 0.87 0.05
2013-12-31 54.15 0.24 0.05
2013-09-30 52.89 -0.36 0.02
2013-06-30 51.62 -0.96 -0.01

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Christie Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Christie Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Christie 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.
  • Christie Group has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 Christie Group Company Filings, last reported 9 months ago.

AIM:CTG Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 -2.30 7.44 2.39
2019-03-31 -2.30 7.44 2.39
2018-12-31 -2.38 6.96 4.67
2018-09-30 -2.38 6.96 4.67
2018-06-30 -2.29 7.06 3.98
2018-03-31 -2.29 7.06 3.98
2017-12-31 -3.80 7.26 4.69
2017-09-30 -4.60 7.26 4.69
2017-06-30 -9.51 6.81 3.39
2017-03-31 -9.51 6.81 3.39
2016-12-31 -9.22 7.34 1.64
2016-09-30 -9.29 5.62 1.64
2016-06-30 -7.41 6.48 2.35
2016-03-31 -7.41 6.48 2.35
2015-12-31 -3.32 4.28 3.62
2015-09-30 -3.32 4.28 3.62
2015-06-30 -5.91 3.40 0.47
2015-03-31 -5.91 3.40 0.47
2014-12-31 -6.73 4.39 3.77
2014-09-30 -6.73 4.39 3.77
2014-06-30 -2.03 4.57 0.42
2014-03-31 -2.03 4.57 0.42
2013-12-31 -0.09 4.48 1.75
2013-09-30 -0.09 4.48 1.75
2013-06-30 -3.33 3.80 0.33
  • Christie Group has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Christie Group's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (8.5%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.9x coverage).
X
Financial health checks
We assess Christie 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. Christie Group 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 Christie 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
4.14%
Current annual income from Christie Group dividends.
If you bought £2,000 of Christie Group shares you are expected to receive £83 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?
  • Christie Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.67%).
  • Christie Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.36%).
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:CTG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 27 Stocks 2.6%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 622 Stocks 6.1%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.4%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.7%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.4%

Industry and Market average data is calculated daily.

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

AIM:CTG Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
AIM:CTG Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-04-11 0.030 2.991
2018-05-18 0.028 2.361
2018-04-17 0.028 2.157
2017-05-12 0.025 2.374
2017-04-03 0.025 3.071
2016-05-09 0.025 2.853
2016-04-04 0.025 2.192
2015-05-08 0.023 1.689
2015-03-31 0.023 1.649
2014-03-31 0.020 1.551
2014-03-28 0.020 1.932
2013-09-19 0.010 1.195
2013-04-08 0.010 1.455
2012-09-10 0.010 1.631
2012-04-30 0.005 0.746
2012-04-04 0.005 0.995
2011-03-28 0.010 1.728
2010-09-13 0.000 0.000
2010-03-29 0.000 0.000
2010-03-01 0.000 0.000
2009-08-27 0.000 0.000

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

  • Christie Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Christie Group only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Christie Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.9x coverage).
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 Christie Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - 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 Christie Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Christie 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.

Management

 What is the CEO of Christie 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
David Rugg
COMPENSATION £571,000
AGE 65
TENURE AS CEO 20.3 years
CEO Bio

Mr. David B. Rugg has been the Group Chief Executive Officer of Christie Group PLC 2000 and as its Chairman of the Board since September 18, 2017. Mr. Rugg is responsible for the day-to-day operation and development of Christie Group PLC. He served as Group Managing Director at Christie Group since 1985. Mr. Rugg has extensive experience of the hotel sector worldwide. Mr. Rugg serves as Chairman\Director of Christie Group companies and has been with it since 1972 and served as Managing Director. Mr. David serves as the Chairman of Christie, Owen & Davies Ltd. He serves as a Director of Christie Group PLC.

CEO Compensation
  • David's compensation has been consistent with company performance over the past year, both up more than 20%.
  • David's remuneration is higher 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 Christie Group management team in years:

6.9
Average Tenure
60
Average Age
  • The average tenure for the Christie Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

David Rugg

TITLE
CEO & Chairman
COMPENSATION
£571K
AGE
65
TENURE
20.3 yrs

Simon Hawkins

TITLE
Group Finance Director & Director
COMPENSATION
£233K
AGE
48
TENURE
2.6 yrs

Dan Prickett

TITLE
COO & Director
COMPENSATION
£348K
AGE
42
TENURE
2.6 yrs

Chris Day

TITLE
Executive Director
COMPENSATION
£512K
AGE
61
TENURE
27.3 yrs

Paul Harding

TITLE
Executive Director
COMPENSATION
£288K
AGE
60
TENURE
16.3 yrs

Justin Cain

TITLE
Managing Director - Pinders

Charlotte French

TITLE
Head of Internal Audit & Group Company Secretary
TENURE
1.3 yrs

Simon Hughes

TITLE
Head of Medical - Christie & Co and Director of Christie & Co
TENURE
6.9 yrs

Walter Murray

TITLE
Managing Director - Christie Insurance
Board of Directors Tenure

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

2.6
Average Tenure
53.5
Average Age
  • The average tenure for the Christie Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Rugg

TITLE
CEO & Chairman
COMPENSATION
£571K
AGE
65
TENURE
2.6 yrs

Simon Hawkins

TITLE
Group Finance Director & Director
COMPENSATION
£233K
AGE
48
TENURE
2.6 yrs

Dan Prickett

TITLE
COO & Director
COMPENSATION
£348K
AGE
42
TENURE
10.1 yrs

Chris Day

TITLE
Executive Director
COMPENSATION
£512K
AGE
61

Paul Harding

TITLE
Executive Director
COMPENSATION
£288K
AGE
60
TENURE
8.8 yrs

Simon Hughes

TITLE
Head of Medical - Christie & Co and Director of Christie & Co
TENURE
6.9 yrs

Hwfa Anthony Gwyn

TITLE
Non-Executive Director
COMPENSATION
£30K
AGE
39
TENURE
2.6 yrs

Laurie Benson

TITLE
Non-Executive Director
COMPENSATION
£30K
AGE
59
TENURE
2.4 yrs

Victoria Muir

TITLE
Independent Non-Executive Director
COMPENSATION
£19K
AGE
47
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
22. Nov 19 Buy Victoria Muir Individual 21. Nov 19 21. Nov 19 7,500 £1.03 £7,725
01. Jul 19 Buy David Rugg Individual 28. Jun 19 28. Jun 19 5,000 £0.99 £4,925
X
Management checks
We assess Christie 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. Christie 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.

News

Simply Wall St News

How Should Investors Feel About Christie Group plc's (LON:CTG) CEO Pay?

View our latest analysis for Christie Group How Does David Rugg's Compensation Compare With Similar Sized Companies? … We took a group of companies with market capitalizations below UK£166m, and calculated the median CEO total compensation to be UK£253k. … It would therefore appear that Christie Group plc pays David Rugg more than the median CEO remuneration at companies of a similar size, in the same market.

Simply Wall St -

Is Christie Group (LON:CTG) A Risky Investment?

We can see that Christie Group plc (LON:CTG) does use debt in its business. … See our latest analysis for Christie Group How Much Debt Does Christie Group Carry? … AIM:CTG Historical Debt, August 1st 2019 How Healthy Is Christie Group's Balance Sheet?

Simply Wall St -

Read This Before Buying Christie Group plc (LON:CTG) For Its Dividend

Could Christie Group plc (LON:CTG) be an attractive dividend share to own for the long haul? Investors are often drawn to strong companies with the idea of reinvesting the dividends. Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments. A high yield and a long history of paying dividends is an appealing combination for Christie Group. It would not be a surprise to discover that many investors buy it for the dividends. Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1. … Christie Group has been paying dividends for a long time, but for the purpose of this analysis, we only examine the past 10 years of payments. … It's good to see Christie Group has been growing its earnings per share at 65% a year over the past 5 years.

Simply Wall St -

Christie Group plc (LON:CTG) Is Employing Capital Very Effectively

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Christie Group: 0.29 = UK£3.8m ÷ (UK£32m - UK£19m) (Based on the trailing twelve months to December 2018.) Therefore, Christie Group has an ROCE of 29%. … Do Christie Group's Current Liabilities Skew Its ROCE? … While a high level of current liabilities boosts its ROCE, Christie Group's returns are still very good.

Simply Wall St -

Does Christie Group plc's (LON:CTG) P/E Ratio Signal A Buying Opportunity?

Christie Group has a price to earnings ratio of 8.37, based on the last twelve months. … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Christie Group: P/E of 8.37 = £0.94 ÷ £0.11 (Based on the year to December 2018.) Is A High Price-to-Earnings Ratio Good? … How Does Christie Group's Debt Impact Its P/E Ratio?

Simply Wall St -

Is Christie Group plc (LON:CTG) Overpaying Its CEO?

See our latest analysis for Christie Group How Does David Rugg's Compensation Compare With Similar Sized Companies? … Thus we can conclude that David Rugg receives more in total compensation than the median of a group of companies in the same market, and of similar size to Christie Group plc. … We compared the total CEO remuneration paid by Christie Group plc, and compared it to remuneration at a group of similar sized companies.

Simply Wall St -

Imagine Owning Christie Group (LON:CTG) And Wondering If The 18% Share Price Slide Is Justified

We regret to report that long term Christie Group plc (LON:CTG) shareholders have had that experience, with the share price dropping 18% in three years, versus a market return of about 29%. … Although the share price is down over three years, Christie Group actually managed to grow EPS by 3.6% per year in that time. … Revenue is actually up 5.9% over the three years, so the share price drop doesn't seem to hinge on revenue, either.

Simply Wall St -

Does Christie Group plc's (LON:CTG) CEO Salary Reflect Performance?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does David Rugg's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Christie Group plc has a market cap of UK£25m, and is paying total annual CEO compensation of UK£500k.

Simply Wall St -

Do You Like Christie Group plc (LON:CTG) At This P/E Ratio?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll show how you can use Christie Group plc's (LON:CTG) P/E ratio to inform your assessment of the investment opportunity. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Why Christie Group plc’s (LON:CTG) Return On Capital Employed Is Impressive

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Company Info

Description

Christie Group plc, together with its subsidiaries, provides professional business services for leisure, retail, and care sectors in Europe and internationally. It operates in two segments, Professional & Financial Services; and Stock & Inventory Systems & Services. The Professional & Financial Services segment engages in valuing, buying, selling, developing, financing, and insuring various businesses; and providing business intelligence, business appraisal, and consultancy and agency services, as well as mortgage and insurance services. This segment offers its services under the Christie & Co, Christie Finance, Christie Insurance, and Pinders brands. The Stock & Inventory Systems & Services segment provides stocktaking, inventory, and consultancy services, as well as related stock management systems to the hospitality sector; software and systems to the leisure and hospitality sectors; and online cloud-based ticketing sales and admission systems to visitor attractions, such as historic houses and estates, museums, zoos, safari parks, aquaria, and cinemas. This segment offers its services under the Orridge, Venners, and Vennersys brands. Christie Group plc was founded in 1846 and is headquartered in London, the United Kingdom.

Details
Name: Christie Group plc
CTG
Exchange: AIM
Founded: 1846
£18,557,991
25,597,229
Website: http://www.christiegroup.com
Address: Christie Group plc
Whitefriars House,
6 Carmelite Street,
London,
Greater London, EC4Y 0BS,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM CTG Ordinary Shares London Stock Exchange AIM Market GB GBP 02. Jan 1992
Number of employees
Current staff
Staff numbers
3,014
Christie Group employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/02 21:40
End of day share price update: 2020/04/02 00:00
Last estimates confirmation: 2019/04/11
Last earnings filing: 2019/09/30
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.