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Velocys

AIM:VLS
Snowflake Description

Limited growth with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VLS
AIM
£8M
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Velocys plc operates as a renewable fuels company. The last earnings update was 61 days ago. More info.


Add to Portfolio Compare Print
  • Velocys has significant price volatility in the past 3 months.
VLS Share Price and Events
7 Day Returns
-3%
AIM:VLS
-0.8%
GB Energy Services
-0.4%
GB Market
1 Year Returns
-78.2%
AIM:VLS
-32.8%
GB Energy Services
4.4%
GB Market
VLS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Velocys (VLS) -3% -38.3% -59% -78.2% -96.6% -99.4%
GB Energy Services -0.8% 3.1% -9.3% -32.8% -47.4% -55.8%
GB Market -0.4% 1.8% 3.8% 4.4% 6.9% 2.9%
1 Year Return vs Industry and Market
  • VLS underperformed the Energy Services industry which returned -32.8% over the past year.
  • VLS underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 4.4% over the past year.
Price Volatility
VLS
Industry
5yr Volatility vs Market

Value

 Is Velocys 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
  • It is not possible to calculate the future cash flow value for Velocys. This is due to cash flow or dividend data being unavailable. The share price is £0.01215.
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 Velocys's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Velocys's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:VLS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in GBP £-0.03
AIM:VLS Share Price ** AIM (2019-11-18) in GBP £0.01
United Kingdom of Great Britain and Northern Ireland Energy Services Industry PE Ratio Median Figure of 8 Publicly-Listed Energy Services Companies 11.29x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 752 Publicly-Listed Companies 17.09x

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

** Primary Listing of Velocys.

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

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

= 0.01 ÷ -0.03

-0.46x

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

  • Velocys is loss making, we can't compare its value to the GB Energy Services industry average.
  • Velocys 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 Velocys's expected growth come at a high price?
Raw Data
AIM:VLS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
54.4%per year
United Kingdom of Great Britain and Northern Ireland Energy Services Industry PEG Ratio Median Figure of 7 Publicly-Listed Energy Services Companies 1.63x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 561 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Velocys, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Velocys's assets?
Raw Data
AIM:VLS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in GBP £0.00
AIM:VLS Share Price * AIM (2019-11-18) in GBP £0.01
United Kingdom of Great Britain and Northern Ireland Energy Services Industry PB Ratio Median Figure of 15 Publicly-Listed Energy Services Companies 0.79x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,305 Publicly-Listed Companies 1.52x
AIM:VLS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.01 ÷ 0.00

7.94x

* Primary Listing of Velocys.

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

  • Velocys is overvalued based on assets compared to the GB Energy Services industry average.
X
Value checks
We assess Velocys'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 Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Velocys 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 Velocys 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
54.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Velocys expected to grow at an attractive rate?
  • Unable to compare Velocys's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Velocys's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as it is expected to be loss making during the next 1-3 years.
  • Velocys'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:VLS Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:VLS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 54.4%
AIM:VLS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 57.4%
United Kingdom of Great Britain and Northern Ireland Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 20.7%
United Kingdom of Great Britain and Northern Ireland Energy Services 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 12.5%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

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

Analysts growth expectations
Raw Data
AIM:VLS 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:VLS Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 12 -2 -3 1
2020-12-31 11 -2 -2 1
2019-12-31 7 -6 -6 1
2019-11-18
AIM:VLS Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-06-30 0 -12 -10
2019-03-31 0 -12 -20
2018-12-31 1 -12 -31
2018-09-30 1 -13 -50
2018-06-30 1 -14 -69
2018-03-31 1 -15 -62
2017-12-31 1 -15 -55
2017-09-30 1 -15 -35
2017-06-30 1 -14 -15
2017-03-31 1 -17 -14
2016-12-31 1 -19 -13
2016-09-30 2 -20 -14

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Velocys is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Velocys's revenue is expected to grow significantly at over 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:VLS 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 Velocys Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:VLS Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.00 0.00 0.00 1.00
2020-12-31 0.00 0.00 0.00 1.00
2019-12-31 -0.01 -0.01 -0.01 1.00
2019-11-18
AIM:VLS Past Financials Data
Date (Data in GBP Millions) EPS *
2019-06-30 -0.03
2019-03-31 -0.06
2018-12-31 -0.09
2018-09-30 -0.17
2018-06-30 -0.29
2018-03-31 -0.32
2017-12-31 -0.37
2017-09-30 -0.24
2017-06-30 -0.11
2017-03-31 -0.10
2016-12-31 -0.09
2016-09-30 -0.10

*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 Velocys will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Velocys'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.
Velocys has a total score of 2/6, 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 Velocys 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 Velocys's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Velocys does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Velocys's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Velocys's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Velocys'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 Velocys Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:VLS 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 0.29 -10.05 11.22 1.85
2019-03-31 0.48 -20.32 14.22 1.85
2018-12-31 0.66 -30.58 17.21 1.85
2018-09-30 0.79 -50.00 14.85 6.46
2018-06-30 0.92 -69.41 12.50 11.06
2018-03-31 0.84 -62.01 11.68 11.06
2017-12-31 0.76 -54.60 10.87 11.06
2017-09-30 0.96 -35.00 8.97 10.57
2017-06-30 1.17 -15.40 7.08 10.08
2017-03-31 1.31 -14.04 7.22 10.08
2016-12-31 1.45 -12.67 7.35 10.08
2016-09-30 1.92 -14.00 11.44 8.62
2016-06-30 2.39 -15.33 15.52 7.16
2016-03-31 2.20 -17.69 13.90 10.18
2015-12-31 2.00 -20.05 12.28 13.20
2015-09-30 0.58 -22.17 13.48 12.38
2015-06-30 -0.84 -24.28 14.68 11.56
2015-03-31 -0.43 -23.33 13.97 11.36
2014-12-31 -0.01 -22.37 13.26 11.16
2014-09-30 1.99 -21.17 11.93 11.27
2014-06-30 3.98 -19.97 10.61 11.37
2014-03-31 4.37 -18.44 9.86 10.93
2013-12-31 4.75 -16.92 9.12 10.48
2013-09-30 5.24 -14.77 8.25 9.42
2013-06-30 5.72 -12.61 7.37 8.37
2013-03-31 6.68 -11.51 7.04 7.73
2012-12-31 7.63 -10.40 6.71 7.09

*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 Velocys has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Velocys has efficiently used its assets last year compared to the GB Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Velocys 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 Velocys'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 Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Velocys 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 Velocys'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 Velocys's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Velocys's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Velocys's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Velocys'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 51x 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 Velocys Company Filings, last reported 4 months ago.

AIM:VLS Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 0.63 0.15 1.28
2019-03-31 0.63 0.15 1.28
2018-12-31 5.42 0.29 6.96
2018-09-30 5.42 0.29 6.96
2018-06-30 5.01 0.42 8.66
2018-03-31 5.01 0.42 8.66
2017-12-31 14.69 0.54 2.07
2017-09-30 14.69 0.54 2.07
2017-06-30 61.14 0.70 13.84
2017-03-31 61.14 0.70 13.84
2016-12-31 63.74 0.92 18.74
2016-09-30 63.74 0.92 18.74
2016-06-30 68.77 1.00 24.14
2016-03-31 68.77 1.00 24.14
2015-12-31 68.48 1.05 37.74
2015-09-30 68.48 1.05 37.74
2015-06-30 73.76 1.12 46.15
2015-03-31 73.76 1.12 46.15
2014-12-31 84.55 1.27 59.78
2014-09-30 84.55 1.27 59.78
2014-06-30 41.74 1.20 18.30
2014-03-31 41.74 1.20 18.30
2013-12-31 48.72 1.30 26.35
2013-09-30 48.72 1.30 26.35
2013-06-30 58.26 1.29 31.77
2013-03-31 58.26 1.29 31.77
2012-12-31 33.75 1.26 9.45
  • Velocys's level of debt (23.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (2.9% vs 23.1% today).
CASH RUNWAY ANALYSIS

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

  • Velocys has less than a year of cash runway based on current free cash flow.
  • Velocys has less than a year of cash runway if free cash flow continues to reduce at historical rates of -17.4% each year.
X
Financial health checks
We assess Velocys'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. Velocys has a total score of 2/6, 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 Velocys'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 Velocys dividends.
If you bought £2,000 of Velocys 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 Velocys's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Velocys'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:VLS 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 Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 6.2%
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 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

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

AIM:VLS Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
2019-11-18

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

  • Unable to perform a dividend volatility check as Velocys has not reported any payouts.
  • Unable to verify if Velocys's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Velocys's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Velocys has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Velocys'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 Velocys afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Velocys 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 Velocys'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
Henrik Sven Wareborn
COMPENSATION £257,213
AGE 56
TENURE AS CEO 1 years
CEO Bio

Mr. Henrik Wareborn has been the Chief Executive Officer and Executive Director of Velocys plc since November 13, 2018. Mr. Wareborn served as acting consulting adviser of Velocys plc and provided services equivalent to those of a Chief Commercial Officer since March 2017. He has been leading this process with potential strategic investors for the Bayou Fuels project. He served as Head of FIC & T Commodities Unit at Natixis since 2012. He served as a Managing Director with Natixis S.A. (both in the UK and North America), and previously Global Head of Crude Oil Sales and Trading at BP PLC. His experience prior to this included roles as Executive Director at Hess Energy Trading Ltd, and Executive Director at Goldman Sachs International, London. His expertise includes investment banking, commodities trading, fund raising, and commodity finance.

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

Average tenure and age of the Velocys management team in years:

1
Average Tenure
57
Average Age
  • The average tenure for the Velocys management team is less than 2 years, this suggests a new team.
Management Team

Henrik Sven Wareborn

TITLE
CEO & Executive Director
COMPENSATION
£257K
AGE
56
TENURE
1 yrs

Andrew James Morris

TITLE
CFO & Executive Director
COMPENSATION
£266K
AGE
57
TENURE
1 yrs

Roger Harris

TITLE
Vice President of Operations

Heinz Robota

TITLE
Vice President of Technology
TENURE
0.8 yrs

Laura Silva

TITLE
IP, Legal & Licensing Director

Jeremy Gorman

TITLE
Company Secretary

Neville Hargreaves

TITLE
Director Capital Projects UK

Jan Verloop

TITLE
Consultant
COMPENSATION
£17K
AGE
76
TENURE
3.2 yrs
Board of Directors Tenure

Average tenure and age of the Velocys board of directors in years:

1.7
Average Tenure
60
Average Age
  • The average tenure for the Velocys board of directors is less than 3 years, this suggests a new board.
Board of Directors

Pierre Jean-Marie Jungels

TITLE
Non-Executive Chairman
COMPENSATION
£72K
AGE
75
TENURE
2.4 yrs

Henrik Sven Wareborn

TITLE
CEO & Executive Director
COMPENSATION
£257K
AGE
56
TENURE
1 yrs

Andrew James Morris

TITLE
CFO & Executive Director
COMPENSATION
£266K
AGE
57
TENURE
2.4 yrs

Sandy Shaw

TITLE
Non-Executive Director
COMPENSATION
£41K
AGE
65
TENURE
7.1 yrs

Darran Messem

TITLE
Non-Executive Director
AGE
52
TENURE
0.8 yrs

Phil Holland

TITLE
Senior Independent Director
AGE
63
TENURE
0.8 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 (£)
24. Dec 18 Buy Henrik Sven Wareborn Individual 21. Dec 18 21. Dec 18 1,000,000 £0.05 £47,289
X
Management checks
We assess Velocys'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. Velocys has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

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

News

Simply Wall St News

How Does Investing In Velocys plc (LON:VLS) Impact The Volatility Of Your Portfolio?

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … Check out our latest analysis for Velocys What we can learn from VLS's beta value With a beta of 1.01, (which is quite close to 1) the share price of Velocys has historically been about as voltile as the broader market.

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The Velocys (LON:VLS) Share Price Is Down 98% So Some Shareholders Are Very Salty

Anyone who held Velocys plc (LON:VLS) for five years would be nursing their metaphorical wounds since the share price dropped 98% in that time. … And we doubt long term believers are the only worried holders, since the stock price has declined 71% over the last twelve months. … But since the share price has dived -53% per year, over 5 years, it looks like some investors think it's time to abandon ship, so to speak

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Should You Be Concerned About Velocys plc's (LON:VLS) Historical Volatility?

If you're interested in Velocys plc (LON:VLS), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

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Is Velocys plc's (LON:VLS) CEO Paid Enough Relative To Peers?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does David Pummell's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below UK£153m.

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Who Are The Major Shareholders Of Velocys plc (LON:VLS)?

In this analysis, my focus will be on developing a perspective on Velocys plc’s (LON:VLS) latest ownership structure, a less discussed, but important factor. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

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How Financially Strong Is Velocys plc (LON:VLS)?

Velocys plc (LON:VLS) is a small-cap stock with a market capitalization of UK£43.02m. … 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. … Energy Services companies,

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Why You Should Be Bearish On Velocys plc (LON:VLS)

It's crucial to understand if a company has a strong future based on its current operations and financial status. … This means that, although debt is relatively minimal (1.14% of equity), it cannot be serviced at all with cash from operations, which makes me apprehensive. … VLS has high near term liquidity, with short term assets (cash and other liquid assets) amply covering upcoming one-year liabilities, as well as long-term commitments.

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Want To Invest In Velocys plc (LON:VLS)? Here's How It Performed Lately

AIM:VLS Income Statement Mar 13th 18 We can further examine Velocys's loss by looking at what the industry has been experiencing over the past few years. … Each year, for the past half a decade Velocys has seen an annual decline in revenue of -29.11%, on average. … This suggests that though Velocys is currently loss-making, any recent headwind the industry is experiencing, Velocys is relatively better-cushioned than its peers.What does this mean?

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How Has Velocys plc's (AIM:VLS) Earnings Performed Against The Industry?

Today I will examine Velocys plc's (AIM:VLS) latest earnings update (30 June 2017) and compare these figures against its performance over the past couple of years, in addition to how the rest of VLS's industry performed. … View our latest analysis for Velocys Was VLS's weak performance lately a part of a long-term decline? … I prefer to use the ‘latest twelve-month’ data, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data.

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Should You Buy Velocys plc (AIM:VLS) Now?

And if you believe VLS should be trading in this range, then there isn’t much room for the share price grow beyond what it’s currently trading. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … VLS’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value.

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Company Info

Description

Velocys plc operates as a renewable fuels company. It focuses on providing a decarbonization solution for the sector of high energy density renewable fuels, such as sustainable jet fuels for aviation, road diesels for heavy goods transport, and marine fuels for the shipping industry. Velocys plc has a collaboration with British Airways and Shell for the development of a waste-to-jet-fuel project in the United Kingdom. It has operations in the Americas and the Asia Pacific. The company was formerly known as Oxford Catalysts Group PLC and changed its name to Velocys plc in September 2013. Velocys plc was incorporated in 2006 and is based in Oxfordshire, the United Kingdom.

Details
Name: Velocys plc
VLS
Exchange: AIM
Founded: 2006
£8,014,763
643,756,100
Website: http://www.velocys.com
Address: Velocys plc
Robert Robinson Avenue,
The Oxford Science Park,
Oxfordshire,
Oxfordshire, OX4 4GA,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM VLS Ordinary Shares London Stock Exchange AIM Market GB GBP 26. Apr 2006
OTCPK OXFC.F Ordinary Shares Pink Sheets LLC US USD 26. Apr 2006
DB O7N Ordinary Shares Deutsche Boerse AG DE EUR 26. Apr 2006
Number of employees
Current staff
Staff numbers
35
Velocys employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/18 20:56
End of day share price update: 2019/11/18 00:00
Last estimates confirmation: 2019/11/13
Last earnings filing: 2019/09/18
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.