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Cake Box Holdings

AIM:CBOX
Snowflake Description

Excellent balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CBOX
AIM
£45M
Market Cap
  1. Home
  2. GB
  3. Consumer Retailing
Company description

Cake Box Holdings Plc, through its subsidiaries, engages in the retail of fresh cream cakes in the United Kingdom. The last earnings update was 134 days ago. More info.


Add to Portfolio Compare Print
  • Cake Box Holdings has significant price volatility in the past 3 months.
CBOX Share Price and Events
7 Day Returns
-2.2%
AIM:CBOX
0.3%
GB Consumer Retailing
-2.4%
GB Market
1 Year Returns
-29.2%
AIM:CBOX
-7.5%
GB Consumer Retailing
-25.9%
GB Market
CBOX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cake Box Holdings (CBOX) -2.2% -31.2% -35.2% -29.2% - -
GB Consumer Retailing 0.3% -4.9% -12% -7.5% -5.5% -11.5%
GB Market -2.4% -18% -29.1% -25.9% -26.6% -26.1%
1 Year Return vs Industry and Market
  • CBOX underperformed the Consumer Retailing industry which returned -7.5% over the past year.
  • CBOX underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -25.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

CBOX Value

 Is Cake Box Holdings 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 Cake Box Holdings 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 Cake Box Holdings.

AIM:CBOX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.4%
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 AIM:CBOX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
Consumer Retailing Unlevered Beta Simply Wall St/ S&P Global 0.48
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.483 (1 + (1- 19%) (3.72%))
0.663
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)
= 0.53% + (0.8 * 6.07%)
5.39%

Discounted Cash Flow Calculation for AIM:CBOX using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Cake Box Holdings 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.

AIM:CBOX DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 5.39%)
2020 3.76 Analyst x1 3.56
2021 4.49 Analyst x1 4.05
2022 4.60 Est @ 2.26% 3.93
2023 4.68 Est @ 1.74% 3.79
2024 4.74 Est @ 1.38% 3.65
2025 4.79 Est @ 1.12% 3.50
2026 4.84 Est @ 0.94% 3.35
2027 4.88 Est @ 0.82% 3.21
2028 4.91 Est @ 0.73% 3.06
2029 4.95 Est @ 0.67% 2.93
Present value of next 10 years cash flows £35.00
AIM:CBOX DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £4.95 × (1 + 0.53%) ÷ (5.39% – 0.53%)
£102.41
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £102.41 ÷ (1 + 5.39%)10
£60.61
AIM:CBOX Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £35.00 + £60.61
£95.61
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £95.61 / 40.00
£2.39
AIM:CBOX Discount to Share Price
Calculation Result
Value per share (GBP) From above. £2.39
Current discount Discount to share price of £1.13
= -1 x (£1.13 - £2.39) / £2.39
52.9%

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

Current Discount
Amount off the current price Cake Box Holdings is available for.
Intrinsic value
>50%
Share price is £1.13 vs Future cash flow value of £2.39
Current Discount Checks
For Cake Box Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Cake Box Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Cake Box Holdings'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 Cake Box Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cake Box Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:CBOX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in GBP £0.08
AIM:CBOX Share Price ** AIM (2020-04-06) in GBP £1.13
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry PE Ratio Median Figure of 7 Publicly-Listed Consumer Retailing Companies 16.61x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.31x

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

** Primary Listing of Cake Box Holdings.

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

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

= 1.13 ÷ 0.08

13.51x

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

  • Cake Box Holdings is good value based on earnings compared to the GB Consumer Retailing industry average.
  • Cake Box Holdings is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Cake Box Holdings's expected growth come at a high price?
Raw Data
AIM:CBOX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.51x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
20.5%per year
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry PEG Ratio Median Figure of 7 Publicly-Listed Consumer Retailing Companies 1.07x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 517 Publicly-Listed Companies 0.97x

*Line of best fit is calculated by linear regression .

AIM:CBOX PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.51x ÷ 20.5%

0.66x

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

  • Cake Box Holdings is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Cake Box Holdings's assets?
Raw Data
AIM:CBOX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in GBP £0.18
AIM:CBOX Share Price * AIM (2020-04-06) in GBP £1.13
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry PB Ratio Median Figure of 10 Publicly-Listed Consumer Retailing Companies 0.95x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,322 Publicly-Listed Companies 1.06x
AIM:CBOX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1.13 ÷ 0.18

6.25x

* Primary Listing of Cake Box Holdings.

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

  • Cake Box Holdings is overvalued based on assets compared to the GB Consumer Retailing industry average.
X
Value checks
We assess Cake Box Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Retailing industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Retailing industry average (and greater than 0)? (1 check)
  5. Cake Box Holdings 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.

CBOX Future Performance

 How is Cake Box Holdings expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

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
20.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cake Box Holdings expected to grow at an attractive rate?
  • Cake Box Holdings's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Cake Box Holdings's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Cake Box Holdings'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:CBOX Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:CBOX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 20.5%
AIM:CBOX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 15.9%
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry Earnings Growth Rate Market Cap Weighted Average 18.9%
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry Revenue Growth Rate Market Cap Weighted Average 3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.4%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.6%

*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:CBOX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:CBOX Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 27 2
2021-03-31 23 5 5 3
2020-04-07
2020-03-31 20 4 4 3
AIM:CBOX Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-09-30 17 4 3
2019-06-30 17 4 3
2019-03-31 17 3 3
2018-12-31 16 3 3
2018-09-30 15 3 3
2018-06-30 14 3 3
2018-03-31 13 3 3
2017-03-31 9 1 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Cake Box Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Cake Box Holdings's revenue is expected to grow by 15.9% 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:CBOX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Cake Box Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:CBOX Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31
2021-03-31 0.12 0.12 0.12 1.00
2020-04-07
2020-03-31 0.10 0.10 0.10 1.00
AIM:CBOX Past Financials Data
Date (Data in GBP Millions) EPS *
2019-09-30 0.08
2019-06-30 0.08
2019-03-31 0.08
2018-12-31 0.07
2018-09-30 0.07
2018-06-30 0.07
2018-03-31 0.07
2017-03-31

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

CBOX Past Performance

  How has Cake Box Holdings 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 Cake Box Holdings's growth in the last year to its industry (Consumer Retailing).
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.
  • Cake Box Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Cake Box Holdings's 1-year earnings growth exceeds its 5-year average (26% vs 25.1%)
  • Cake Box Holdings's earnings growth has not exceeded the GB Consumer Retailing industry average in the past year (26% vs 26%).
Earnings and Revenue History
Cake Box Holdings'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 Cake Box Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:CBOX Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 17.39 3.33 3.70
2019-06-30 17.15 3.17 3.45
2019-03-31 16.91 3.00 3.20
2018-12-31 16.09 2.82 2.84
2018-09-30 15.27 2.64 2.48
2018-06-30 14.00 2.71 2.18
2018-03-31 12.74 2.77 1.89
2017-03-31 8.66 1.63 1.30
2016-03-31 5.59 1.06 1.05

*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.
  • Cake Box Holdings made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Cake Box Holdings used its assets more efficiently than the GB Consumer Retailing industry average last year based on Return on Assets.
  • Cake Box Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Cake Box Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Retailing 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.
Cake Box Holdings has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

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

CBOX Health

 How is Cake Box Holdings'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 Cake Box Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cake Box Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Cake Box Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Cake Box Holdings'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 3.6x 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 Cake Box Holdings Company Filings, last reported 6 months ago.

AIM:CBOX Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 7.20 1.67 3.22
2019-06-30 7.20 1.67 3.22
2019-03-31 6.62 2.15 3.08
2018-12-31 6.62 2.15 3.08
2018-09-30 5.24 1.58 2.40
2018-06-30 5.24 1.58 2.40
2018-03-31 4.66 1.61 2.51
2017-03-31 2.40 1.86 0.48
2016-03-31 0.40 1.72 0.21
  • Cake Box Holdings's level of debt (23.3%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Cake Box Holdings's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (237.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 78.8x coverage).
X
Financial health checks
We assess Cake Box Holdings'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. Cake Box Holdings has a total score of 5/6, 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.

CBOX Dividends

 What is Cake Box Holdings'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
3.2%
Current annual income from Cake Box Holdings dividends. Estimated to be 5.5% next year.
If you bought £2,000 of Cake Box Holdings shares you are expected to receive £64 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?
  • Cake Box Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.66%).
  • Cake Box Holdings's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.4%).
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:CBOX 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 3 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 3.6%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 587 Stocks 5.7%
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 2.7%
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:CBOX Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 0.07 2.00
2021-03-31 0.06 3.00
2020-04-07
2020-03-31 0.05 3.00
AIM:CBOX Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-07-29 0.036 2.252
2019-06-24 0.036 2.058
2018-11-26 0.024 1.461

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

  • It is too early to tell whether Cake Box Holdings has stable dividend payments.
  • Cake Box Holdings only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Cake Box Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (2x coverage).
X
Income/ dividend checks
We assess Cake Box Holdings'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 Cake Box Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cake Box Holdings 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.

CBOX Management

 What is the CEO of Cake Box Holdings'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
Sukh Chamdal
COMPENSATION £164,404
AGE 57
CEO Bio

Mr. Sukh R. Chamdal is the Co-Founder, Chief Executive Officer and Director at Cake Box Holdings plc.

CEO Compensation
  • Insufficient data for Sukh to compare compensation growth.
  • Sukh's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Sukh Chamdal

TITLE
Co-Founder
COMPENSATION
£164K
AGE
57

Pradip Dass

TITLE
Co-Founder
COMPENSATION
£108K
AGE
47

Jaswir Singh

TITLE
COO & Director
COMPENSATION
£121K
AGE
62
TENURE
10.1 yrs
Board of Directors Tenure

Average tenure and age of the Cake Box Holdings board of directors in years:

1.8
Average Tenure
59
Average Age
  • The average tenure for the Cake Box Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Neil Sachdev

TITLE
Non-Executive Chairman
COMPENSATION
£46K
AGE
61
TENURE
1.8 yrs

Sukh Chamdal

TITLE
Co-Founder
COMPENSATION
£164K
AGE
57

Pradip Dass

TITLE
Co-Founder
COMPENSATION
£108K
AGE
47

Jaswir Singh

TITLE
COO & Director
COMPENSATION
£121K
AGE
62

Adam Batty

TITLE
Non-Executive Director
COMPENSATION
£29K
AGE
46
TENURE
1.8 yrs

Martin Blair

TITLE
Non-Executive Director
COMPENSATION
£30K
AGE
62
TENURE
1.8 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 (£)
27. Nov 19 Buy Jaswir Singh Individual 25. Nov 19 25. Nov 19 5,000 £1.49 £7,425
25. Nov 19 Buy Pardip Dass Individual 25. Nov 19 25. Nov 19 150,000 £1.50 £225,000
02. May 19 Buy Jaswir Singh Individual 02. Apr 19 11. Apr 19 6,228 £1.61 £9,982
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Management checks
We assess Cake Box Holdings'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. Cake Box Holdings 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.

CBOX News

Simply Wall St News

Cake Box Holdings (LON:CBOX) Seems To Use Debt Quite Sensibly

AIM:CBOX Historical Debt, August 16th 2019 How Healthy Is Cake Box Holdings's Balance Sheet? … Despite its noteworthy liabilities, Cake Box Holdings boasts net cash, so it's fair to say it does not have a heavy debt load! … While Cake Box Holdings has net cash on its balance sheet, it's still worth taking a look at its ability to convert earnings before interest and tax (EBIT) to free cash flow, to help us understand how quickly it is building (or eroding) that cash balance.

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If You Like EPS Growth Then Check Out Cake Box Holdings (LON:CBOX) Before It's Too Late

We haven't seen any insiders selling Cake Box Holdings shares, in the last year. … And the insider buying isn't the only sign of alignment between shareholders and the board, since Cake Box Holdings insiders own more than a third of the company. … The good news is that Cake Box Holdings is not the only growth stock with insider buying.

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Are You An Income Investor? Don't Miss Out On Cake Box Holdings plc (LON:CBOX)

It's positive to see that Cake Box Holdings's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. … However we're conscious that the company hasn't got an overly long track record of dividend payments yet, which makes us wary of relying on its dividend income. … Cake Box Holdings's dividend payout ratios are within normal bounds, although we note its cash flow is not as strong as the income statement would suggest.

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Estimating The Fair Value Of Cake Box Holdings plc (LON:CBOX)

How far off is Cake Box Holdings plc (LON:CBOX) from its intrinsic value? … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model? … See our latest analysis for Cake Box Holdings

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Should You Buy Cake Box Holdings plc (LON:CBOX) For Its 1.5% Dividend?

Cake Box Holdings plc (LON:CBOX) has started paying a dividend to shareholders. … Does Cake Box Holdings tick all the boxes of a great dividend stock? … Check out our latest analysis for Cake Box Holdings

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Why We Like Cake Box Holdings plc’s (LON:CBOX) 57% Return On Capital Employed

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

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Boasting A 50% Return On Equity, Is Cake Box Holdings plc (LON:CBOX) A Top Quality Stock?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … That means that for every £1 worth of shareholders' equity, it generated £0.50 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Something To Consider Before Buying Cake Box Holdings plc (LON:CBOX) For The 1.3% Dividend

Does Cake Box Holdings tick all the boxes of a great dividend stock? … 5 checks you should use to assess a dividend stock … When researching a dividend stock, I always follow the following screening criteria:

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Is Cake Box Holdings plc's (LON:CBOX) Balance Sheet A Threat To Its Future?

Cake Box Holdings plc (LON:CBOX) is a small-cap stock with a market capitalization of UK£63m. … 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. … Evaluating financial health as part of your investment thesis is

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What You Must Know About Cake Box Holdings plc's (LON:CBOX) ROE

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … With an ROE of 59.38%, Cake Box Holdings plc (LON:CBOX) outpaced its own industry which delivered a less exciting 8.53% over the past year. … See our latest analysis for Cake Box Holdings

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CBOX Company Info

Description

Cake Box Holdings Plc, through its subsidiaries, engages in the retail of fresh cream cakes in the United Kingdom. As of March 31, 2019, the company operated 113 franchise stores. It also engages in property rental activities. Cake Box Holdings Plc was incorporated in 2013 and is headquartered in Enfield, the United Kingdom.

Details
Name: Cake Box Holdings Plc
CBOX
Exchange: AIM
Founded: 2013
£45,000,000
40,000,000
Website: http://www.eggfreecake.co.uk
Address: Cake Box Holdings Plc
20 - 22 Jute Lane,
Enfield,
Middlesex, EN3 7PJ,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM CBOX Ordinary Shares London Stock Exchange AIM Market GB GBP 27. Jun 2018
Number of employees
Current staff
Staff numbers
67
Cake Box Holdings employees.
Industry
Food Retail
Consumer Retailing
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 01:10
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/05
Last earnings filing: 2019/11/25
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


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.