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Frenkel Topping Group

AIM:FEN
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FEN
AIM
£23M
Market Cap
  1. Home
  2. GB
  3. Diversified Financials
Company description

Frenkel Topping Group Plc, together with its subsidiaries, provides independent financial advisory and investment management services to personal injury and clinical negligence victims in the United Kingdom. The last earnings update was 70 days ago. More info.


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FEN Share Price and Events
7 Day Returns
0%
AIM:FEN
-0.3%
GB Capital Markets
-0.5%
GB Market
1 Year Returns
23%
AIM:FEN
18.8%
GB Capital Markets
3.7%
GB Market
FEN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Frenkel Topping Group (FEN) 0% 3.8% -2.4% 23% -42.3% -11.5%
GB Capital Markets -0.3% -1.2% 3.2% 18.8% 63.8% 107.4%
GB Market -0.5% 1.4% 3.1% 3.7% 7.8% 3.8%
1 Year Return vs Industry and Market
  • FEN outperformed the Capital Markets industry which returned 18.8% over the past year.
  • FEN outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 3.7% over the past year.
Price Volatility
FEN
Industry
5yr Volatility vs Market

Value

 Is Frenkel Topping 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 Frenkel Topping 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 Frenkel Topping Group.

AIM:FEN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= £0.17 * 8.1%
£0.01
Book Value of Equity per Share Median Book Value from the past 5 years. £0.17
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

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

Calculation of Discount Rate/ Cost of Equity for AIM:FEN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.753 (1 + (1- 19%) (0%))
0.835
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.835 * 6.65%)
6.78%

Discounted Cash Flow Calculation for AIM:FEN using Excess Returns Model Model

The calculations below outline how an intrinsic value for Frenkel Topping Group is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

AIM:FEN Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (8.1% – 6.78%) * £0.17)
£0.00
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= £0.00 / (6.78% - 1.23%)
£0.04
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= £0.17 + £0.04
£0.21
AIM:FEN Discount to Share Price
Calculation Result
Value per share (GBP) From above. £0.21
Current discount Discount to share price of £0.33
= -1 x (£0.33 - £0.21) / £0.21
-54.9%

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

  • The current share price of Frenkel Topping 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 Frenkel Topping Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Frenkel Topping Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:FEN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in GBP £0.01
AIM:FEN Share Price ** AIM (2019-11-11) in GBP £0.33
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry PE Ratio Median Figure of 42 Publicly-Listed Capital Markets Companies 20.19x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 752 Publicly-Listed Companies 16.92x

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

** Primary Listing of Frenkel Topping Group.

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

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

= 0.33 ÷ 0.01

24.55x

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

  • Frenkel Topping Group is overvalued based on earnings compared to the GB Capital Markets industry average.
  • Frenkel Topping Group is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Frenkel Topping Group's expected growth come at a high price?
Raw Data
AIM:FEN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
28.3%per year
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry PEG Ratio Median Figure of 25 Publicly-Listed Capital Markets Companies 1.1x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 555 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 24.55x ÷ 28.3%

0.87x

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

  • Frenkel Topping Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Frenkel Topping Group's assets?
Raw Data
AIM:FEN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in GBP £0.17
AIM:FEN Share Price * AIM (2019-11-11) in GBP £0.33
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry PB Ratio Median Figure of 75 Publicly-Listed Capital Markets Companies 1.33x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,305 Publicly-Listed Companies 1.5x
AIM:FEN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.33 ÷ 0.17

1.92x

* Primary Listing of Frenkel Topping Group.

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

  • Frenkel Topping Group is overvalued based on assets compared to the GB Capital Markets industry average.
X
Value checks
We assess Frenkel Topping 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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. Frenkel Topping Group has a total score of 1/6, see the detailed checks below.

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

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

Future Performance

 How is Frenkel Topping Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
28.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Frenkel Topping Group expected to grow at an attractive rate?
  • Frenkel Topping Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Frenkel Topping Group's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Frenkel Topping Group's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:FEN Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:FEN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 28.3%
AIM:FEN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 7.8%
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 17.9%
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 12.7%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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:FEN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:FEN Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 10 3 2 1
2020-12-31 9 3 2 1
2019-12-31 9 2 1 1
2019-11-12
AIM:FEN Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-06-30 8 1 1
2019-03-31 8 1 1
2018-12-31 8 1 1
2018-09-30 7 1
2018-06-30 7 1 1
2018-03-31 7 2 1
2017-12-31 7 2 2
2017-09-30 7 1
2017-06-30 7 2 1
2017-03-31 7 1 1
2016-12-31 6 1 1
2016-09-30 6 1 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Frenkel Topping Group's earnings are expected to grow significantly at over 20% yearly.
  • Frenkel Topping Group's revenue is expected to grow by 7.8% 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:FEN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

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

AIM:FEN Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.03 0.03 0.03 1.00
2020-12-31 0.03 0.03 0.03 1.00
2019-12-31 0.02 0.02 0.02 1.00
2019-11-12
AIM:FEN Past Financials Data
Date (Data in GBP Millions) EPS *
2019-06-30 0.01
2019-03-31 0.01
2018-12-31 0.01
2018-09-30 0.01
2018-06-30 0.02
2018-03-31 0.02
2017-12-31 0.02
2017-09-30 0.02
2017-06-30 0.02
2017-03-31 0.01
2016-12-31 0.01
2016-09-30 0.01

*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.
  • Frenkel Topping Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Frenkel Topping 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.
Frenkel Topping Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

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

Past Performance

  How has Frenkel Topping Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Frenkel Topping Group's growth in the last year to its industry (Capital Markets).
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.
  • Frenkel Topping Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Frenkel Topping Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Frenkel Topping Group's 1-year earnings growth is negative, it can't be compared to the GB Capital Markets industry average.
Earnings and Revenue History
Frenkel Topping 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 Frenkel Topping Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:FEN 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 8.11 0.93 3.33 -0.07
2019-03-31 7.88 0.83 3.36 -0.03
2018-12-31 7.66 0.74 3.40
2018-09-30 7.49 0.87 3.16 0.21
2018-06-30 7.32 1.00 2.93 0.42
2018-03-31 7.32 1.27 2.96 0.21
2017-12-31 7.32 1.53 2.99
2017-09-30 7.24 1.39 2.94 0.01
2017-06-30 7.17 1.25 2.89 0.03
2017-03-31 6.78 0.97 2.84 0.01
2016-12-31 6.40 0.69 2.78
2016-09-30 6.31 0.76 2.71
2016-06-30 6.23 0.82 2.64
2016-03-31 6.27 0.94 2.59
2015-12-31 6.31 1.05 2.55
2015-09-30 6.12 1.16 2.46
2015-06-30 5.93 1.27 2.36
2015-03-31 5.81 1.32 2.34
2014-12-31 5.69 1.37 2.32
2014-09-30 5.66 1.28 2.33
2014-06-30 5.62 1.19 2.34
2014-03-31 5.56 1.14 2.24
2013-12-31 5.51 1.09 2.14
2013-09-30 5.27 0.92 2.06
2013-06-30 5.04 0.75 1.98
2013-03-31 4.91 0.68 1.91
2012-12-31 4.78 0.60 1.84

*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.
  • Frenkel Topping Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Frenkel Topping Group used its assets more efficiently than the GB Capital Markets industry average last year based on Return on Assets.
  • Frenkel Topping Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Frenkel Topping 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 Capital Markets 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.
Frenkel Topping Group has a total score of 2/6, 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 Frenkel Topping 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 Frenkel Topping Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Frenkel Topping Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Frenkel Topping Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Frenkel Topping 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.
  • Low level of unsold assets.
  • Frenkel Topping Group has no debt, it does not need to be 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 Frenkel Topping Group Company Filings, last reported 4 months ago.

AIM:FEN Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 12.02 0.00 1.37
2019-03-31 12.02 0.00 1.37
2018-12-31 11.97 0.00 1.98
2018-09-30 11.97 0.00 1.98
2018-06-30 11.46 0.00 1.76
2018-03-31 11.46 0.00 1.76
2017-12-31 11.72 0.00 1.93
2017-09-30 11.72 0.00 1.93
2017-06-30 14.69 0.00 4.85
2017-03-31 14.69 0.00 4.85
2016-12-31 14.36 0.00 4.22
2016-09-30 14.36 0.00 4.22
2016-06-30 13.16 0.00 4.43
2016-03-31 13.16 0.00 4.43
2015-12-31 13.34 0.49 5.00
2015-09-30 13.34 0.49 5.00
2015-06-30 8.36 0.65 2.43
2015-03-31 8.36 0.65 2.43
2014-12-31 8.22 0.26 1.96
2014-09-30 8.22 0.26 1.96
2014-06-30 7.65 0.45 1.74
2014-03-31 7.65 0.45 1.74
2013-12-31 7.54 0.37 1.90
2013-09-30 7.54 0.37 1.90
2013-06-30 7.30 0.84 1.59
2013-03-31 7.30 0.84 1.59
2012-12-31 6.68 1.08 1.44
  • Frenkel Topping Group has no debt.
  • Frenkel Topping Group has no debt compared to 5 years ago when it was 6%.
  • Frenkel Topping Group has no debt, it does not need to be covered by operating cash flow.
  • Frenkel Topping Group has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Frenkel Topping 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. Frenkel Topping Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

Dividends

 What is Frenkel Topping 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
3.89%
Current annual income from Frenkel Topping Group dividends. Estimated to be 4.32% next year.
If you bought £2,000 of Frenkel Topping Group shares you are expected to receive £78 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?
  • Frenkel Topping Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.94%).
  • Frenkel Topping Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.33%).
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:FEN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 2.2%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 680 Stocks 4.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 1.9%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

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

AIM:FEN Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.02 1.00
2020-12-31 0.01 1.00
2019-12-31 0.01 1.00
2019-11-12
AIM:FEN Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-04-26 0.013 3.716
2019-04-10 0.013 3.958
2018-05-02 0.012 3.805
2018-04-09 0.012 2.551
2017-03-24 0.011 2.027
2017-03-20 0.011 1.777
2016-03-14 0.009 1.704
2015-04-01 0.011 2.312
2015-03-23 0.011 2.558
2014-07-21 0.003 0.891
2014-03-26 0.006 1.398
2014-03-24 0.006 1.279
2013-04-09 0.003 1.002
2012-03-20 0.002 1.058
2012-03-19 0.002 1.235

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

  • Frenkel Topping 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 Frenkel Topping Group only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Frenkel Topping Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).
X
Income/ dividend checks
We assess Frenkel Topping Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Frenkel Topping Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Frenkel Topping 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 Frenkel Topping 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
Richard Fraser
COMPENSATION £218,263
CEO Bio

Mr. Richard C. Fraser has been Chief Executive Officer of Frenkel Topping Group Plc since 2001. Mr. Fraser has been Managing Director of Frenkel Topping Limited since December 2001. Mr. Fraser served as Secretary of Frenkel Topping Group plc. He joined Frenkel Topping Structured Settlements in 1991. He worked for Lloyds Bank for five years, the Bradford and Bingley Building Society for four years and then for Scottish Widows for three years as a broker consultant. Mr. Fraser has been a Director of Frenkel Topping Group plc since July 26, 2004. He has regularly spoken at conferences all over the UK and was instrumental in helping to get Frenkel Topping appointed as an Investment Adviser to Patients of the Court of Protection in place of the Court-Appointed Brokers.

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

Richard Fraser

TITLE
CEO, Company Secretary & Director
COMPENSATION
£218K

Stephen Bentley

TITLE
COMPENSATION
£173K
AGE
66
TENURE
2.1 yrs

Mark Holt

TITLE
MD & Director
COMPENSATION
£213K
TENURE
3.2 yrs

Richard Petrie

TITLE
Personal Injury Trust Development Consultant
Board of Directors Tenure

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

2.6
Average Tenure
61
Average Age
  • The average tenure for the Frenkel Topping Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Paul Richardson

TITLE
Non-Executive Chairman
COMPENSATION
£218K
AGE
53
TENURE
2.1 yrs

Richard Fraser

TITLE
CEO, Company Secretary & Director
COMPENSATION
£218K
TENURE
15.3 yrs

Stephen Bentley

TITLE
COMPENSATION
£173K
AGE
66

Mark Holt

TITLE
MD & Director
COMPENSATION
£213K
TENURE
3.2 yrs

Tim Linacre

TITLE
Senior Independent Director
COMPENSATION
£13K
AGE
61
TENURE
1.4 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 18 Buy Timothy James Linacre Individual 22. Nov 18 22. Nov 18 20,000 £0.29 £5,800
14. Nov 18 Buy Timothy James Linacre Individual 13. Nov 18 13. Nov 18 10,000 £0.28 £2,800
X
Management checks
We assess Frenkel Topping 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. Frenkel Topping 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

If You Had Bought Frenkel Topping Group (LON:FEN) Stock Three Years Ago, You'd Be Sitting On A 20% Loss, Today

Unfortunately, that's been the case for longer term Frenkel Topping Group Plc (LON:FEN) shareholders, since the share price is down 20% in the last three years, falling well short of the market return of around 19%. … During the three years that the share price fell, Frenkel Topping Group's earnings per share (EPS) dropped by 13% each year. … A Different Perspective We're pleased to report that Frenkel Topping Group shareholders have received a total shareholder return of 11% over one year.

Simply Wall St -

Why Frenkel Topping Group Plc's (LON:FEN) High P/E Ratio Isn't Necessarily A Bad Thing

Frenkel Topping Group has a price to earnings ratio of 35.5, based on the last twelve months. … The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Frenkel Topping Group: P/E of 35.5 = £0.38 ÷ £0.011 (Based on the trailing twelve months to December 2018.) Is A High Price-to-Earnings Ratio Good? … The Verdict On Frenkel Topping Group's P/E Ratio Frenkel Topping Group trades on a P/E ratio of 35.5, which is above its market average of 16.5.

Simply Wall St -

A Spotlight On Frenkel Topping Group Plc's (LON:FEN) Fundamentals

For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Frenkel Topping Group here. … AIM:FEN Past and Future Earnings, June 14th 2019 Next Steps: For Frenkel Topping Group, there are three pertinent aspects you should further research: Historical Performance: What has FEN's returns been like over the past? … Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

Simply Wall St -

Is Frenkel Topping Group Plc's (LON:FEN) CEO Paid Enough Relative To Peers?

Check out our latest analysis for Frenkel Topping Group How Does Richard Fraser's Compensation Compare With Similar Sized Companies? … The graphic below shows how CEO compensation at Frenkel Topping Group has changed from year to year. … Frenkel Topping Group Plc has increased its earnings per share (EPS) by an average of 4.4% a year, over the last three years (using a line of best fit).

Simply Wall St -

Will Frenkel Topping Group Plc's (LON:FEN) Earnings Grow In The Years Ahead?

Help shape the future of investing tools and you could win a $250 gift card! … Frenkel Topping Group Plc's (LON:FEN) announced its latest earnings update in December 2018, which

Simply Wall St -

Despite Its High P/E Ratio, Is Frenkel Topping Group Plc (LON:FEN) Still Undervalued?

We'll apply a basic P/E ratio analysis to Frenkel Topping Group Plc's (LON:FEN), to help you decide if the stock is worth further research. … Frenkel Topping Group has a price to earnings ratio of 27.93, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Volatility 101: Should Frenkel Topping Group Shares Have Dropped 40%?

Unfortunately, that's been the case for longer term Frenkel Topping Group Plc (LON:FEN) shareholders, since the share price is down 40% in the last three years, falling well short of the market return of around 31%. … Frenkel Topping Group saw its EPS decline at a compound rate of 10% per year, over the last three years. … This free interactive report on Frenkel Topping Group's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.

Simply Wall St -

Read This Before Buying Frenkel Topping Group Plc (LON:FEN) Shares

Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. … So before you buy or sell Frenkel Topping Group Plc (LON:FEN), you may well want to know whether insiders have been buying or selling. … Frenkel Topping Group Insider Transactions Over The Last Year.

Simply Wall St -

Is Now The Time To Bet On The Financial Sector And Frenkel Topping Group Plc (LON:FEN)?

is a capital market firm operating in an industry, … Many banks and capital markets firms, particularly the large, complex institutions, have been simplifying their business and operating models over the last few years, both for economic reasons and to reduce organizational complexity … Financial services analysts are forecasting for the entire industry,

Simply Wall St -

A Look At Frenkel Topping Group Plc's (LON:FEN) Exceptional Fundamentals

I've been keeping an eye on Frenkel Topping Group Plc (LON:FEN) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe FEN has a lot to offer. … company with

Simply Wall St -

Company Info

Description

Frenkel Topping Group Plc, together with its subsidiaries, provides independent financial advisory and investment management services to personal injury and clinical negligence victims in the United Kingdom. It also offers wealth management services. The company was incorporated in 2003 and is based in Manchester, the United Kingdom.

Details
Name: Frenkel Topping Group Plc
FEN
Exchange: AIM
Founded: 2003
£22,876,003
68,903,625
Website: http://www.frenkeltopping.co.uk
Address: Frenkel Topping Group Plc
Frenkel House,
15 Carolina Way,
Manchester,
Greater Manchester, M50 2ZY,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM FEN Ordinary Shares London Stock Exchange AIM Market GB GBP 28. Jul 2004
Number of employees
Current staff
Staff numbers
67
Frenkel Topping Group employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/12 20:33
End of day share price update: 2019/11/11 00:00
Last estimates confirmation: 2019/09/03
Last earnings filing: 2019/09/03
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.