Cenkos Securities (CNKS)

Business description

Cenkos is a specialist, UK institutional stockbroker, focused on growth companies and investment funds. Its principal activities are primary and secondary fund raising, corporate advisory, research, trade execution and market making activities.

Stock data

Market cap.£55.3m
Last close97.50p
High / Low (52 weeks)162.5p / 69.0p
Stock market listingLN
Forecast net cash (£m)24.1
Forecast gearing ratio (%)N/A
TeamFinancials
SectorFinancials

Price performance

%1m3m12m
Actual35.421.9(28)
Relative *32.519.1(42.4)

* % Relative to local index

Other companies in sector Show

3i Group Abbey Protection
Aberdeen Asset Management Admiral Group
AFH Financial Group Ai Claims Solutions
Alpha Strategic Amlin
Arbuthnot Banking Group Arden Partners
Ashmore Group Atlantis Japan Growth Fund
Aviva plc Banca IFIS
Banca Sistema Beazley
Brewin Dolphin Brightside Group
Catlin Group ChimpChange
Circle Holdings City of London Group
Collins Stewart Covercy
Curtis Banks Custodian REIT plc
DeA Capital Deutsche Börse
DF Deutsche Forfait Empiric Student Property
Experian Fairpoint Group
FBD Holdings Ferratum Oyj
Gable Holdings Gartmore Group
GLI Finance Hardy Underwriting
Hargreaves Lansdown Heartland New Zealand
Helphire Henderson Group
Hiscox HSBC Holdings
ICAP IFG Group
IG Group Impax Asset Management
International Personal Finance Is Yatirim Menkul Degerler
John Laing Group Jupiter Fund Management
Lancashire Holdings Liontrust Asset Management
London Stock Exchange Group MAN Group
Market Tech Holdings Mattioli Woods
MCB Finance Group Moneysupermarket.com
MyBucks NEOVIA Financial
Novae Group Numis Corporation
Oakley Capital Investments Limited Ocean Capital
Omega Insurance Holdings OTC Markets Group
Palace Capital Panmure Gordon
Park Group Powerhouse Ventures
Prudential Quayle Munro Holdings
Randall & Quilter Investment Holdings Record
Rensburg Sheppards RSM Tenon
S&U Sanlam Securities UK
Schroders Secure Trust Bank
Share Shore Capital Group
St. James's Place Syndicate Asset Management
Target Healthcare REIT Tawa
The Law Debenture Corporation Tungsten Corporation
Warsaw Stock Exchange WH Ireland
WorldSpreads Group

Company news

'Brexit' uncertainty almost wipes out profits at Cenkos Securities

Wed, 21 Sep 2016 09:09:59 GMT

Cenkos Securities PLC Looks Like A Target For Barclays PLC

Wed, 07 Jan 2015 15:00:46 GMT

Cenkos Securities faces potential fine over advice to former Quindell firm

Wed, 27 Jul 2016 11:13:21 GMT

U.K. Regulator Fines Cenkos $690000 Over Scandal-Laden Quindell

Tue, 09 Aug 2016 10:18:45 GMT

Are Lighthouse Group plc, Cenkos Securities plc And BATM Advanced ...

Wed, 23 Mar 2016 15:00:00 GMT

Y/E Dec Revenue (£m) EBITDA (£m) PBT (£m) EPS (fd) (p) P/E (x) P/CF (x)
2014A 88.5 27.2 27.0 35.2 2.8 2.4
2015A 76.5 20.0 19.9 27.2 3.6 3.5
2016E 46.0 4.2 4.1 4.8 20.3 11.1
2017E N/A N/A N/A N/A N/A N/A

Last updated on 12/12/2016

Latest research

Transparent, entrepreneurial business model

Update | Financials | 26/05/2016

Daily comment

Institutional Comment | Financials | 30/03/2015

Daily comment

Institutional Comment | Financials | 14/10/2014

AA super-charged

Outlook | Financials | 13/10/2014

Daily Comment

Institutional Comment | Financials | 18/09/2014

Daily comment

Institutional Comment | Financials | 23/06/2014

Galloping ahead in positive markets

Update | Financials | 17/04/2014

Daily comment

Institutional Comment | Financials | 26/03/2014

A thoroughbred broker

Initiation | Financials | 14/10/2013

Specialism pays

Outlook | Financials | 30/09/2011

Investment summary

The background for corporate transactions and equity issuance this year has been more challenging than last with the value of LSE AIM and main market issuance down 10% and 46% respectively to end November. In September CNKS reported H116 profits of £1.7m vs £18.6m for H115, a period that benefited from the (£1bn) BCA Marketplace fundraising. The total raised for clients was £529m compared with over £2bn. Costs also fell (by 60%), underlining the flexible nature of the cost base. The first half bore costs relating to the FCA investigation into Cenkos’ historical advisory work for the former Quindell that is now concluded. A number of significant fundraisings fell into the second half including the £350m IPO of Civitas Social Housing. This, together with a healthy pipeline, means the second half should be stronger.

Last updated on 21/12/2016

Industry outlook

Markets have taken the US election result in their stride but sentiment in the UK may still wax and wane as news emerges on the nature of Brexit. Positively, as the picture clarifies entrepreneurial companies are increasingly likely to take opportunities generating renewed deal flow.

Last updated on 21/12/2016

Key management

Gerry Aherne, Chairman
Jim Durkin, CEO
Mike Chilton, FD

Company address

6.7.8 Tokenhouse Yard,
London
EC2R 7A
United Kingdom
View website