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.

Naked Wines

AIM:WINE
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WINE
AIM
£183M
Market Cap
  1. Home
  2. GB
  3. Consumer Retailing
Company description

Naked Wines plc, together with its subsidiaries, engages in the retailing of wines, beers, and spirits in the United Kingdom, the United States, Australia, and France. The last earnings update was 131 days ago. More info.


Add to Portfolio Compare Print
WINE Share Price and Events
7 Day Returns
0%
AIM:WINE
6.8%
GB Consumer Retailing
10%
GB Market
1 Year Returns
9.6%
AIM:WINE
-6.5%
GB Consumer Retailing
-23%
GB Market
WINE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Naked Wines (WINE) 0% 20.7% 11.1% 9.6% -22.4% -18.9%
GB Consumer Retailing 6.8% -1.5% -12.8% -6.5% -5.8% -8.8%
GB Market 10% -17.6% -27.3% -23% -24.2% -21.8%
1 Year Return vs Industry and Market
  • WINE outperformed the Consumer Retailing industry which returned -6.5% over the past year.
  • WINE outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -23% over the past year.
Price Volatility
WINE
Industry
5yr Volatility vs Market

Value

 Is Naked Wines 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 Naked Wines 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 Naked Wines.

AIM:WINE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 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:WINE
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 0.49
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.488 (1 + (1- 19%) (20.2%))
0.71
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:WINE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Naked Wines 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:WINE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 5.39%)
2020 1.80 Est @ -1.11% 1.71
2021 1.79 Est @ -0.62% 1.61
2022 1.78 Est @ -0.28% 1.52
2023 1.78 Est @ -0.03% 1.45
2024 1.79 Est @ 0.14% 1.37
2025 1.79 Est @ 0.25% 1.31
2026 1.80 Est @ 0.34% 1.24
2027 1.80 Est @ 0.39% 1.19
2028 1.81 Est @ 0.44% 1.13
2029 1.82 Est @ 0.46% 1.08
Present value of next 10 years cash flows £13.00
AIM:WINE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £1.82 × (1 + 0.53%) ÷ (5.39% – 0.53%)
£37.68
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £37.68 ÷ (1 + 5.39%)10
£22.30
AIM:WINE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £13.00 + £22.30
£35.30
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £35.30 / 72.87
£0.48
AIM:WINE Discount to Share Price
Calculation Result
Value per share (GBP) From above. £0.48
Current discount Discount to share price of £2.51
= -1 x (£2.51 - £0.48) / £0.48
-418.2%

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

  • The current share price of Naked Wines 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 Naked Wines's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Naked Wines's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:WINE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in GBP £-0.16
AIM:WINE Share Price ** AIM (2020-03-31) in GBP £2.51
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry PE Ratio Median Figure of 7 Publicly-Listed Consumer Retailing Companies 17.3x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 747 Publicly-Listed Companies 12.45x

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

** Primary Listing of Naked Wines.

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

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

= 2.51 ÷ -0.16

-15.39x

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

  • Naked Wines is loss making, we can't compare its value to the GB Consumer Retailing industry average.
  • Naked Wines 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 Naked Wines's expected growth come at a high price?
Raw Data
AIM:WINE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -15.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry PEG Ratio Median Figure of 7 Publicly-Listed Consumer Retailing Companies 0.95x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 526 Publicly-Listed Companies 0.95x

*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 Naked Wines, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Naked Wines's assets?
Raw Data
AIM:WINE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in GBP £1.43
AIM:WINE Share Price * AIM (2020-03-31) in GBP £2.51
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry PB Ratio Median Figure of 10 Publicly-Listed Consumer Retailing Companies 0.94x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,322 Publicly-Listed Companies 1.08x
AIM:WINE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 2.51 ÷ 1.43

1.76x

* Primary Listing of Naked Wines.

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

  • Naked Wines is overvalued based on assets compared to the GB Consumer Retailing industry average.
X
Value checks
We assess Naked Wines'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. Naked Wines has a total score of 0/6, 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 Naked Wines expected to perform in the next 1 to 3 years based on estimates from 2 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
-18.5%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Naked Wines expected to grow at an attractive rate?
  • Unable to compare Naked Wines's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Naked Wines's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Naked Wines's revenues are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:WINE Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:WINE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -18.5%
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry Earnings Growth Rate Market Cap Weighted Average 18.7%
United Kingdom of Great Britain and Northern Ireland Consumer Retailing Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.5%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.3%

*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:WINE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:WINE Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 262 1
2021-03-31 227 -17 2
2020-03-31
2020-03-31 200 -16 2
AIM:WINE Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-09-30 518 8 -12
2019-06-30 512 7 -10
2019-04-01 506 6 -9
2019-01-01 344 -5
2018-10-01 334 18 3
2018-07-01 405 22 5
2018-04-02 476 27 7
2018-01-02 477 5
2017-10-02 477 7 3
2017-07-02 471 6 0
2017-04-03 465 5 -3
2017-01-03 446 10 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Naked Wines is high growth as no earnings estimate data is available.
  • Naked Wines's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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:WINE 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 2 Analyst Estimates (S&P Global) See Below

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

AIM:WINE Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31
2021-03-31 0.03 0.03 0.03 1.00
2020-03-31
2020-03-31
AIM:WINE Past Financials Data
Date (Data in GBP Millions) EPS *
2019-09-30 -0.16
2019-06-30 -0.15
2019-04-01 -0.13
2019-01-01 -0.07
2018-10-01 0.04
2018-07-01 0.07
2018-04-02 0.11
2018-01-02 0.08
2017-10-02 0.04
2017-07-02 0.00
2017-04-03 -0.04
2017-01-03 -0.05

*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 Naked Wines will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Naked Wines'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.
Naked Wines 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 Naked Wines 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 Naked Wines'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.
  • Naked Wines does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Naked Wines's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Naked Wines's 1-year growth to the GB Consumer Retailing industry average as it is not currently profitable.
Earnings and Revenue History
Naked Wines'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 Naked Wines Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:WINE Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 517.94 -11.58 152.51
2019-06-30 512.04 -10.49 150.10
2019-04-01 506.14 -9.40 147.68
2019-01-01 343.59 -4.96 108.13
2018-10-01 334.44 2.60 97.54
2018-07-01 405.29 5.00 108.10
2018-04-02 476.13 7.40 118.66
2018-01-02 476.65 5.13 120.08
2017-10-02 477.17 2.87 121.51
2017-07-02 471.30 0.09 122.32
2017-04-03 465.44 -2.70 123.14
2017-01-03 445.78 -3.08 117.95
2016-09-26 426.12 -3.47 112.76
2016-06-26 414.10 -0.57 105.74
2016-03-28 402.09 2.32 98.73
2015-12-28 367.21 5.58 83.96
2015-09-28 332.33 8.84 69.19
2015-06-28 308.41 11.16 58.89
2015-03-30 284.50 13.48 48.58
2014-12-30 283.12 15.14 45.78
2014-09-29 281.75 16.79 42.98
2014-06-29 279.95 17.20 41.94
2014-03-31 278.16 17.60 40.90
2013-12-31 278.40 17.74 40.26
2013-09-30 278.64 17.87 39.62
2013-06-30 276.53 17.60 39.52
2013-04-01 274.42 17.33 39.43

*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 Naked Wines has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Naked Wines has efficiently used its assets last year compared to the GB Consumer Retailing industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Naked Wines 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 Naked Wines'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.
Naked Wines 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.

Health

 How is Naked Wines'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 Naked Wines's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Naked Wines is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Naked Wines's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Naked Wines'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 9.3x 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 Naked Wines Company Filings, last reported 6 months ago.

AIM:WINE Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 103.98 31.91 11.33
2019-06-30 103.98 31.91 11.33
2019-04-01 109.15 34.64 19.09
2019-01-01 109.15 34.64 19.09
2018-10-01 120.09 34.48 14.42
2018-07-01 120.09 34.48 14.42
2018-04-02 120.90 24.08 15.62
2018-01-02 120.90 24.08 15.62
2017-10-02 115.71 37.52 12.11
2017-07-02 115.71 37.52 12.11
2017-04-03 114.57 48.67 23.01
2017-01-03 114.57 48.67 23.01
2016-09-26 110.04 36.59 11.50
2016-06-26 110.04 36.59 11.50
2016-03-28 109.21 32.38 6.88
2015-12-28 109.21 32.38 6.88
2015-09-28 104.36 44.25 19.52
2015-06-28 104.36 44.25 19.52
2015-03-30 98.57 0.00 10.97
2014-12-30 98.57 0.00 10.97
2014-09-29 94.69 9.05 4.21
2014-06-29 94.69 9.05 4.21
2014-03-31 96.03 3.81 5.59
2013-12-31 96.03 3.81 5.59
2013-09-30 88.19 6.13 2.12
2013-06-30 88.19 6.13 2.12
2013-04-01 87.81 2.06 4.99
  • Naked Wines's level of debt (30.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (9.3% vs 30.7% today).
  • Debt is well covered by operating cash flow (23.8%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Naked Wines's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Naked Wines'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. Naked Wines has a total score of 4/6, 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 Naked Wines's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Naked Wines dividends. Estimated to be 0% next year.
If you bought £2,000 of Naked Wines shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Naked Wines's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Naked Wines's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:WINE 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 2 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 3.5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 629 Stocks 6%
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 7.5%

Industry and Market average data is calculated daily.

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

AIM:WINE Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 0.00 1.00
2021-03-31 0.00 1.00
2020-03-31
2020-03-31 0.05 1.00
AIM:WINE Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-12-17 0.000 0.000
2019-11-21 0.000 0.000
2019-07-04 0.000 0.000
2019-06-13 0.000 0.000
2018-08-09 0.072 2.411
2017-07-05 0.051 1.285
2017-06-15 0.051 1.583
2016-11-17 0.030 0.888
2016-07-07 0.000 0.000
2016-06-20 0.000 0.000
2015-11-16 0.000 0.000
2015-07-06 0.000 0.000
2015-06-15 0.000 0.000
2014-07-08 0.160 4.327
2014-06-16 0.160 3.848
2013-06-25 0.158 3.177
2013-06-17 0.158 3.453
2012-07-09 0.156 3.522
2012-06-18 0.156 3.533
2011-11-14 0.135 3.351
2011-06-13 0.130 2.976
2010-06-14 0.103 2.833
2009-11-16 0.098 3.874
2009-06-15 0.098 4.697

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

  • Unable to perform a dividend volatility check as Naked Wines has not reported any payouts.
  • Unable to verify if Naked Wines's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Naked Wines's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Naked Wines has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Naked Wines's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
X
Income/ dividend checks
We assess Naked Wines'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 Naked Wines afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Naked Wines has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of Naked Wines'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
Nick Devlin
AGE 33
TENURE AS CEO 0.2 years
CEO Bio

Mr. Nicholas James Devlin, also known as Nick, serves as Chief Executive Officer of Naked Wines plc ( also known as Majestic Wine plc ) since January 9, 2020. He has been Executive Director and Group Chief Operating Officer at Majestic Wine plc since June 13, 2019. Mr. Devlin serves as President of US Naked Wines division at Majestic Wine plc. He has a wealth of experience in corporate strategy, specifically in analytical problem solving and customer segmentation.

CEO Compensation
  • Insufficient data for Nick to compare compensation growth.
  • Insufficient data for Nick to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Naked Wines management team in years:

2.3
Average Tenure
  • The tenure for the Naked Wines management team is about average.
Management Team

James Crawford

TITLE
Group CFO & Director
COMPENSATION
£365K
AGE
42
TENURE
4.6 yrs

Nick Devlin

TITLE
Group COO
AGE
33
TENURE
0.2 yrs

Alex Iapichino

TITLE
General Counsel & Company Secretary
TENURE
2.4 yrs

Cat Lomax

TITLE
Head of Buying
TENURE
2.7 yrs

Josh Lincoln

TITLE
Retail & Managing Director of Majestic Retail
TENURE
2.2 yrs

Olivia Fitzgerald

TITLE
Managing Director of Majestic Commercial
TENURE
1.8 yrs

Dave Smith

TITLE
Director of Lay & Wheeler
Board of Directors Tenure

Average tenure and age of the Naked Wines board of directors in years:

2.3
Average Tenure
54
Average Age
  • The average tenure for the Naked Wines board of directors is less than 3 years, this suggests a new board.
Board of Directors

John Walden

TITLE
Chairman
AGE
59
TENURE
0.6 yrs

James Crawford

TITLE
Group CFO & Director
COMPENSATION
£365K
AGE
42
TENURE
4.6 yrs

Nick Devlin

TITLE
Group COO
AGE
33
TENURE
0.7 yrs

Ian Harding

TITLE
Senior Independent Director
COMPENSATION
£59K
AGE
54
TENURE
2.7 yrs

David Stead

TITLE
Independent Non-Executive Director
COMPENSATION
£44K
AGE
61
TENURE
2.3 yrs

Justin Apthorp

TITLE
Non-Executive Director
COMPENSATION
£40K
AGE
56
TENURE
14.2 yrs

Machin Cliffe

TITLE
Independent Non-Executive Director
AGE
53
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Naked Wines individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
27. Feb 20 Buy John Walden Individual 25. Feb 20 25. Feb 20 26,300 £2.20 £57,860
25. Feb 20 Buy Katrina Cliffe Individual 24. Feb 20 24. Feb 20 15,000 £2.20 £33,000
22. Nov 19 Buy Nicholas Devlin Individual 22. Nov 19 22. Nov 19 4,521 £2.19 £9,901
22. Nov 19 Buy James Crawford Individual 22. Nov 19 22. Nov 19 10,000 £2.20 £22,000
20. Aug 19 Buy James Crawford Individual 20. Aug 19 20. Aug 19 15,000 £2.67 £39,978
X
Management checks
We assess Naked Wines'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. Naked Wines 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

We Think Naked Wines (LON:WINE) Has A Fair Chunk Of Debt

We note that Naked Wines plc (LON:WINE) does have debt on its balance sheet. … AIM:WINE Historical Debt, August 23rd 2019 How Strong Is Naked Wines's Balance Sheet? … The latest balance sheet data shows that Naked Wines had liabilities of UK£129.7m due within a year, and liabilities of UK£25.4m falling due after that.

Simply Wall St -

Those Who Purchased Majestic Wine (LON:WINE) Shares A Year Ago Have A 46% Loss To Show For It

During the last year Majestic Wine saw its earnings per share drop below zero. … Investors should note that there's a difference between Majestic Wine's total shareholder return (TSR) and its share price change, which we've covered above. … Dividends have been really beneficial for Majestic Wine shareholders, and that cash payout explains why its total shareholder loss of 46%, over the last year, isn't as bad as the share price return.

Simply Wall St -

Is Majestic Wine plc's (LON:WINE) CEO Pay Fair?

See our latest analysis for Majestic Wine How Does Rowan Gormley's Compensation Compare With Similar Sized Companies? … Thus we can conclude that Rowan Gormley receives more in total compensation than the median of a group of companies in the same market, and of similar size to Majestic Wine plc. … We compared total CEO remuneration at Majestic Wine plc with the amount paid at companies with a similar market capitalization.

Simply Wall St -

Did You Manage To Avoid Majestic Wine's (LON:WINE) 42% Share Price Drop?

We also note that the stock has performed poorly over the last year, with the share price down 34%. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the five years over which the share price declined, Majestic Wine's earnings per share (EPS) dropped by 21% each year.

Simply Wall St -

Why Majestic Wine plc (LON:WINE) Is An Attractive Investment To Consider

Majestic Wine plc (LON:WINE) is a company with exceptional fundamental characteristics. … Upon building up an investment case for a stock, we should look at various aspects. … In the case of WINE, it

Simply Wall St -

Don't Sell Majestic Wine plc (LON:WINE) Before You Read This

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … We'll show how you can use Majestic Wine plc's (LON:WINE) P/E ratio to inform your assessment of the investment opportunity. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Are Insiders Selling Majestic Wine plc (LON:WINE) Stock?

So shareholders might well want to know whether insiders have been buying or selling shares in Majestic Wine plc (LON:WINE). … The Last 12 Months Of Insider Transactions At Majestic Wine … Although we don't gain confidence from insider selling, we note that this large sale was at well above current price of UK£2.75

Simply Wall St -

An Intrinsic Calculation For Majestic Wine plc (LON:WINE) Shows It's 31.22% Undervalued

I am going to run you through how I calculated the intrinsic value of Majestic Wine plc (LON:WINE). … by taking the foreast future cash flows of the company and discounting them back to today's value. … Discounted Cash Flows (DCF).

Simply Wall St -

Should You Be Worried About Majestic Wine plc's (LON:WINE) 4.8% Return On Equity?

Majestic Wine has a ROE of 4.8%, based on the last twelve months. … Another way to think of that is that for every £1 worth of equity in the company, it was able to earn £0.048. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Understanding Your Return On Investment In Majestic Wine plc (LON:WINE)

and looking to gauge the potential return on investment in Majestic Wine plc (LON:WINE). … Thus, to understand how your money can grow by investing in Majestic Wine, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE) … Majestic Wine's Return On Capital Employed

Simply Wall St -

Company Info

Description

Naked Wines plc, together with its subsidiaries, engages in the retailing of wines, beers, and spirits in the United Kingdom, the United States, Australia, and France. It operates through four segments: Retail, Commercial, Lay & Wheeler, and Naked Wines. The company also provides cellarage services; and business to business wine retailing to pubs, restaurants, and events. It offers its products through approximately 200 branches, as well as online; and directly to advertising agencies and media companies. In addition, the company engages in trust, property management, and funding businesses. The company was formerly known as Majestic Wine plc and changed its name to Naked Wines plc in August 2019. Naked Wines plc was founded in 1980 and is based in Watford, the United Kingdom.

Details
Name: Naked Wines plc
WINE
Exchange: AIM
Founded: 1980
£182,903,910
72,870,084
Website: http://www.nakedwinesplc.co.uk
Address: Naked Wines plc
Majestic House,
The Belfry,
Watford,
Hertfordshire, WD24 4WH,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM WINE Ordinary Shares London Stock Exchange AIM Market GB GBP 11. Nov 1996
OTCPK MJWN.F Ordinary Shares Pink Sheets LLC US USD 11. Nov 1996
Number of employees
Current staff
Staff numbers
1,654
Naked Wines employees.
Industry
Food Retail
Consumer Retailing
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 22:59
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/27
Last earnings filing: 2019/11/21
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/04/01


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.