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Applegreen

BATS-CHIXE:APGNI
Snowflake Description

Proven track record with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
APGNI
BATS-CHIXE
£294M
Market Cap
  1. Home
  2. GB
  3. Retail
Company description

Applegreen plc operates motorway service areas and petrol filling stations in Ireland, the United Kingdom, and the United States. The last earnings update was 11 days ago. More info.


Add to Portfolio Compare Print
  • Applegreen has significant price volatility in the past 3 months.
APGNI Share Price and Events
7 Day Returns
23%
BATS-CHIXE:APGNI
-0.9%
GB Specialty Retail
0.1%
GB Market
1 Year Returns
-
BATS-CHIXE:APGNI
-31.7%
GB Specialty Retail
-23.6%
GB Market
APGNI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Applegreen (APGNI) 23% -53.2% - - - -
GB Specialty Retail -0.9% -29.3% -43.3% -31.7% -41.6% -47.1%
GB Market 0.1% -15.5% -27% -23.6% -24.3% -23.5%
1 Year Return vs Industry and Market
  • No trading data on APGNI.
  • No trading data on APGNI.
Price Volatility
APGNI
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Applegreen's competitors could be found in our database.

Value

 Is Applegreen 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 Applegreen 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 Applegreen.

BATS-CHIXE:APGNI 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 13.6%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

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

Calculation of Discount Rate/ Cost of Equity for BATS-CHIXE:APGNI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.5%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.83
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.834 (1 + (1- 12.5%) (431.41%))
2.998
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (2 * 6.51%)
13.55%

Discounted Cash Flow Calculation for BATS-CHIXE:APGNI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Applegreen 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.

BATS-CHIXE:APGNI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 13.55%)
2020 104.55 Analyst x2 92.07
2021 85.85 Analyst x2 66.58
2022 75.12 Est @ -12.5% 51.31
2023 68.67 Est @ -8.59% 41.30
2024 64.65 Est @ -5.85% 34.25
2025 62.10 Est @ -3.94% 28.97
2026 60.49 Est @ -2.6% 24.85
2027 59.48 Est @ -1.66% 21.52
2028 58.89 Est @ -1% 18.76
2029 58.57 Est @ -0.54% 16.44
Present value of next 10 years cash flows €396.00
BATS-CHIXE:APGNI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €58.57 × (1 + 0.53%) ÷ (13.55% – 0.53%)
€452.21
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €452.21 ÷ (1 + 13.55%)10
€126.90
BATS-CHIXE:APGNI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €396.00 + €126.90
€522.90
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €522.90 / 120.67
€4.33
BATS-CHIXE:APGNI Discount to Share Price
Calculation Result
Exchange Rate EUR/GBP
(Reporting currency to currency of AIM:APGN)
0.882
Value per Share
(GBP)
= Value per Share in EUR x Exchange Rate (EUR/GBP)
= €4.33 x 0.882
£3.82
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:APGNI represents 1.06148x of AIM:APGN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.06148x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 3.82 x 1.06148
€4.06
Value per share (EUR) From above. €4.06
Current discount Discount to share price of €2.59
= -1 x (€2.59 - €4.06) / €4.06
36.2%

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

Current Discount
Amount off the current price Applegreen is available for.
Intrinsic value
36%
Share price is €2.59 vs Future cash flow value of €4.06
Current Discount Checks
For Applegreen to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Applegreen's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Applegreen's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Applegreen's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Applegreen's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:APGNI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €0.18
AIM:APGN Share Price ** AIM (2020-04-07) in GBP £2.44
AIM:APGN Share Price converted to EUR reporting currency Exchange rate (GBP/ EUR) 1.133 €2.77
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry PE Ratio Median Figure of 23 Publicly-Listed Specialty Retail Companies 7.37x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.61x

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

** Primary Listing of Applegreen.

BATS-CHIXE:APGNI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:APGN Share Price ÷ EPS (both in EUR)

= 2.77 ÷ 0.18

15.49x

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

  • Applegreen is overvalued based on earnings compared to the GB Specialty Retail industry average.
  • Applegreen is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Applegreen's expected growth come at a high price?
Raw Data
BATS-CHIXE:APGNI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.49x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
23%per year
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry PEG Ratio Median Figure of 15 Publicly-Listed Specialty Retail Companies 0.69x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 517 Publicly-Listed Companies 0.99x

*Line of best fit is calculated by linear regression .

BATS-CHIXE:APGNI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.49x ÷ 23%

0.67x

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

  • Applegreen is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Applegreen's assets?
Raw Data
BATS-CHIXE:APGNI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €2.37
AIM:APGN Share Price * AIM (2020-04-07) in GBP £2.44
AIM:APGN Share Price converted to EUR reporting currency Exchange rate (GBP/ EUR) 1.133 €2.77
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry PB Ratio Median Figure of 36 Publicly-Listed Specialty Retail Companies 0.61x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.11x
BATS-CHIXE:APGNI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:APGN Share Price ÷ Book Value per Share (both in EUR)

= 2.77 ÷ 2.37

1.17x

* Primary Listing of Applegreen.

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

  • Applegreen is overvalued based on assets compared to the GB Specialty Retail industry average.
X
Value checks
We assess Applegreen'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 Specialty Retail 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 Specialty Retail industry average (and greater than 0)? (1 check)
  5. Applegreen has a total score of 2/6, see the detailed checks below.

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

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

Future Performance

 How is Applegreen 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
23%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Applegreen expected to grow at an attractive rate?
  • Applegreen's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Applegreen's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Applegreen's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:APGNI Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:APGNI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 23%
BATS-CHIXE:APGNI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 4.9%
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
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 2.5%

*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
BATS-CHIXE:APGNI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:APGNI Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 3,425 45 1
2021-12-31 3,537 137 43 2
2020-12-31 3,346 163 39 2
2020-04-07
BATS-CHIXE:APGNI Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 3,073 211 22
2019-09-30 2,853 179 16
2019-06-30 2,633 146 11
2019-03-31 2,323 111 12
2018-12-31 2,013 75 13
2018-09-30 1,812 82 16
2018-06-30 1,611 89 19
2018-03-31 1,519 83 19
2017-12-31 1,428 77 19
2017-09-30 1,361 64 18
2017-06-30 1,294 51 18
2017-03-31 1,236 49 18

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Applegreen's earnings are expected to grow significantly at over 20% yearly.
  • Applegreen's revenue is expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:APGNI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Applegreen Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:APGNI Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 0.35 0.35 0.35 1.00
2020-12-31 0.32 0.32 0.32 1.00
2020-04-07
BATS-CHIXE:APGNI Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 0.18
2019-09-30 0.14
2019-06-30 0.10
2019-03-31 0.12
2018-12-31 0.14
2018-09-30 0.17
2018-06-30 0.21
2018-03-31 0.22
2017-12-31 0.22
2017-09-30 0.23
2017-06-30 0.23
2017-03-31 0.22

*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 Applegreen will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Applegreen'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.
Applegreen 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 Applegreen 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 Applegreen's growth in the last year to its industry (Specialty Retail).
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.
  • Applegreen's year on year earnings growth rate has been positive over the past 5 years.
  • Applegreen's 1-year earnings growth exceeds its 5-year average (62.3% vs 5.4%)
  • Applegreen's earnings growth has exceeded the GB Specialty Retail industry average in the past year (62.3% vs 1.5%).
Earnings and Revenue History
Applegreen'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 Applegreen Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:APGNI Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 3,072.56 21.54 455.57
2019-09-30 2,852.90 16.46 413.40
2019-06-30 2,633.23 11.39 371.22
2019-03-31 2,322.90 12.33 312.43
2018-12-31 2,012.56 13.27 253.65
2018-09-30 1,811.55 16.05 220.18
2018-06-30 1,610.54 18.83 186.72
2018-03-31 1,519.33 18.74 173.28
2017-12-31 1,428.12 18.66 159.84
2017-09-30 1,361.15 18.48 149.24
2017-06-30 1,294.19 18.31 138.64
2017-03-31 1,235.92 17.77 133.11
2016-12-31 1,177.64 17.23 127.58
2016-09-30 1,148.79 16.51 124.00
2016-06-30 1,119.94 15.79 120.42
2016-03-31 1,100.71 13.90 115.40
2015-12-31 1,081.49 12.00 110.39
2015-09-30 1,045.64 12.24 102.23
2015-06-30 1,009.79 12.49 94.07
2015-03-31 973.56 12.38 86.96
2014-12-31 937.32 12.28 79.85
2013-12-31 794.62 14.65 61.00

*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.
  • Whilst Applegreen has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • Applegreen used its assets more efficiently than the GB Specialty Retail industry average last year based on Return on Assets.
  • Applegreen's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Applegreen'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 Specialty Retail 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.
Applegreen has a total score of 4/6, see the detailed checks below.

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

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

Health

 How is Applegreen'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 Applegreen's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Applegreen's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Applegreen's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Applegreen'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 not covered by short term assets, assets are 0.4x 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 Applegreen Company Filings, last reported 3 months ago.

BATS-CHIXE:APGNI Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 153.41 732.65 138.72
2019-09-30 153.41 732.65 138.72
2019-06-30 135.21 666.26 134.62
2019-03-31 135.21 666.26 134.62
2018-12-31 281.20 686.64 121.98
2018-09-30 281.20 686.64 121.98
2018-06-30 188.69 60.76 54.61
2018-03-31 188.69 60.76 54.61
2017-12-31 181.31 64.44 57.48
2017-09-30 181.31 64.44 57.48
2017-06-30 121.18 66.34 36.64
2017-03-31 121.18 66.34 36.64
2016-12-31 115.01 44.82 29.37
2016-09-30 115.01 44.82 29.37
2016-06-30 102.84 46.15 25.61
2016-03-31 102.84 46.15 25.61
2015-12-31 98.29 50.15 49.30
2015-09-30 98.29 50.15 49.30
2015-06-30 87.05 64.88 81.65
2015-03-31 87.05 64.88 81.65
2014-12-31 17.66 55.94 13.78
2013-12-31 3.33 42.04 15.27
  • Applegreen's level of debt (477.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (304.1% vs 477.6% today).
  • Debt is well covered by operating cash flow (28.8%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Applegreen'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. Applegreen has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

Dividends

 What is Applegreen'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 Applegreen dividends. Estimated to be 0.8% next year.
If you bought €2,000 of Applegreen 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 Applegreen's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Applegreen'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
BATS-CHIXE:APGNI 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 Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 4.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 Stocks 5.6%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.6%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.1%

Industry and Market average data is calculated daily.

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

BATS-CHIXE:APGNI Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.02 1.00
2021-12-31 0.02 2.00
2020-12-31 0.02 2.00
2020-04-07
BATS-CHIXE:APGNI Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-27 0.000 0.000
2019-03-19 0.015 0.299
2018-04-20 0.016 0.264
2018-03-13 0.016 0.270
2017-09-12 0.012 0.208
2017-03-14 0.013 0.249

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

  • Unable to perform a dividend volatility check as Applegreen has not reported any payouts.
  • Unable to verify if Applegreen's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Applegreen's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Applegreen has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Applegreen'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 Applegreen's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Applegreen afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Applegreen 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 Applegreen'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
Bob Etchingham
COMPENSATION €568,000
AGE 65
CEO Bio

Mr. Robert Etchingham, also known as Bob, serves as the Chief Executive Officer of Applegreen Plc and has been its Executive Director since November 19, 2010. Mr. Etchingham co-founded Petrogas Group Ltd. in 1992 and serves as its Co-Owner and Chief Executive Officer. He has over 30 years’ experience in the retail fuel market. He worked for Esso in the Republic of Ireland and the UK for over 10 years. He served as the Chairman of Applegreen Plc. He served as the Chairman of the Board at Petrogas Global Limited. Mr. Etchingham worked as an Economist for many years. He has a Master’s Degree in Economics from University College Dublin.

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

Bob Etchingham

TITLE
CEO & Executive Director
COMPENSATION
€568K
AGE
65

Niall Dolan

TITLE
CFO, Company Secretary & Director
COMPENSATION
€379K
AGE
45
TENURE
2.8 yrs

Joe James Barrett

TITLE
COO & Executive Director
COMPENSATION
€588K
AGE
52

John Diviney

TITLE
Managing Director of UK
TENURE
3.3 yrs

Darren Kyte

TITLE
Director of Corporate Affairs
Board of Directors Tenure

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

5.7
Average Tenure
58
Average Age
  • The tenure for the Applegreen board of directors is about average.
Board of Directors

Danny Kitchen

TITLE
Independent Non-Executive Chairman
COMPENSATION
€80K
AGE
67
TENURE
4.9 yrs

Bob Etchingham

TITLE
CEO & Executive Director
COMPENSATION
€568K
AGE
65
TENURE
9.4 yrs

Niall Dolan

TITLE
CFO, Company Secretary & Director
COMPENSATION
€379K
AGE
45
TENURE
2.1 yrs

Joe James Barrett

TITLE
COO & Executive Director
COMPENSATION
€588K
AGE
52
TENURE
9.4 yrs

Howard Millar

TITLE
Independent Non-Executive Director
COMPENSATION
€50K
AGE
58
TENURE
4.9 yrs

Brian Geraghty

TITLE
Independent Non-Executive Director
COMPENSATION
€20K
AGE
53
TENURE
5.7 yrs

Martin Southgate

TITLE
Independent Non-Executive Director
COMPENSATION
€23K
AGE
64
TENURE
6.2 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 (€)
X
Management checks
We assess Applegreen'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. Applegreen 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

Company Info

Description

Applegreen plc operates motorway service areas and petrol filling stations in Ireland, the United Kingdom, and the United States. It operates in three segments: Retail Ireland, Retail UK, and Retail USA. The company operates as a roadside convenience food and beverage retailer that sells fuel, food, and other groceries under its Bakewell brands, as well as other partnered international brands, such as Burger King, Subway, Costa Coffee, Greggs, Lavazza, Chopstix, Freshii, 7-Eleven, Starbucks, KFC, Pret a Manger, Pizza Express, Waitrose, WH Smith, Harry Ramsden, Tossed and the Ramada, and Days Inn hotel. As of December 31, 2018, it operated 472 forecourt sites in the United Kingdom, Ireland, and the United States. The company was founded in 1992 and is headquartered in Dublin, Ireland.

Details
Name: Applegreen plc
APGNI
Exchange: BATS-CHIXE
Founded: 1992
£333,743,664
120,671,053
Website: http://www.applegreenstores.com
Address: Applegreen plc
Parkwest Business Park,
Block 17,
Dublin,
12,
Ireland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM APGN Ordinary Shares London Stock Exchange AIM Market GB GBP 22. Jun 2015
DB APGN Ordinary Shares Deutsche Boerse AG DE EUR 22. Jun 2015
BST APGN Ordinary Shares Boerse-Stuttgart DE EUR 22. Jun 2015
BRSE APGNCHF Ordinary Shares Berne Stock Exchange CH CHF 22. Jun 2015
ISE APGN Ordinary Shares Irish Stock Exchange IE EUR 22. Jun 2015
BATS-CHIXE APGNI Ordinary Shares BATS 'Chi-X Europe' GB EUR 22. Jun 2015
Number of employees
Current staff
Staff numbers
11,798
Applegreen employees.
Industry
Automotive Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 21:50
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/03/27
Last earnings filing: 2020/03/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.