Buy Or Sell Opportunity • Aug 07
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 60% to UK£2.86. The fair value is estimated to be UK£2.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 40%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 32% per annum over the same time period. New Risk • Jul 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (139% payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Declared Dividend • Jul 23
First half dividend of UK£0.051 announced Dividend of UK£0.051 is the same as last year. Ex-date: 12th November 2026 Payment date: 11th December 2026 Dividend yield will be 5.8%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is not covered by earnings (139% earnings payout ratio). However, it is well covered by cash flows (48% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 55% to bring the payout ratio under control. EPS is expected to grow by 136% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Jul 22
First half 2026 earnings released: EPS: UK£0.021 (vs UK£0.056 in 1H 2025) First half 2026 results: EPS: UK£0.021 (down from UK£0.056 in 1H 2025). Revenue: UK£598.8m (down 7.7% from 1H 2025). Net income: UK£2.57m (down 64% from 1H 2025). Profit margin: 0.4% (down from 1.1% in 1H 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Annonce • Jul 21
SThree plc Proposed to Pay an Interim Dividend for the Six Months Ended 31 May 2026, Payable on 11 December 2026 SThree plc proposed interim dividend for the six months ended 31 May 2026. The Board has proposed to pay an interim dividend maintained at 5.1 pence (H1 FY25: 5.1 pence) per share, amounting to £6.4 million in total. It will be paid on 11 December 2026 to shareholders on the register on 13 November 2026. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to UK£1.95, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 17x in the Professional Services industry in the United Kingdom. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.58 per share. Buy Or Sell Opportunity • Jul 13
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to UK£1.87. The fair value is estimated to be UK£1.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 24%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Annonce • May 02
SThree plc Approves Final Dividend Payment SThree plc approved at its AGM held on 29 April 2026 final dividend of 9.2 pence per ordinary share. Annonce • Feb 12
SThree plc (LSE:STEM) announces an Equity Buyback for £20 million worth of its shares. SThree plc (LSE:STEM) announces a share repurchase program. Under the program, the company will repurchase £20 million worth of its shares. The company has entered a non-discretionary agreement with each of Investec Bank plc and Joh. Berenberg, Gossler & Co. KG, London Branch to repurchase its own shares. The purpose of the program is to reduce the share capital of the company, returning surplus capital to shareholders, whilst maintaining the financial flexibility to invest in the Group's strategy. The repurchases shares will be cancelled. The repurchases will commence from today and will end no later than November 30, 2026. Annonce • Jan 27
Sthree plc Announces Proposal of Final Dividend for the Year Ended November 30, 2025, Payable on June 12, 2026 SThree plc announced Final dividend proposed of 9.2 pence per share for the year ended November 30, 2025 (FY24: 9.2 pence per share), taking full year dividend to 14.3 pence per share (FY24: 14.3 pence per share), underpinned by the strength of balance sheet and reflective of the company's commitment to return excess capital to shareholders. The dividend is payable on June 12, 2026 to shareholders on the register on May 15, 2026. Annonce • Jan 07
SThree plc Announces Termination of Elaine O'Donnell as Director, Effective December 31, 2025 SThree plc terminated the appointment of director Elaine O'Donnell effective December 31, 2025. Annonce • Nov 27
SThree plc, Annual General Meeting, Feb 12, 2026 SThree plc, Annual General Meeting, Feb 12, 2026. Annonce • Nov 26
Sthree plc Announces Changes to Its Board SThree plc announced the appointment of Rosie Shapland as an Independent Non-Executive Director with effect from 27 November 2025. Rosie, who was selected as part of the Board's ongoing succession planning, is a proven non-executive director with considerable experience chairing audit and risk committees for UK-listed businesses. Rosie is a Chartered Accountant and former audit partner at PwC, with over 30 years of audit experience across multiple sectors. She brings extensive knowledge of accounting and financial reporting, risk management and governance. Rosie is the Senior Independent Director and Chair of the Audit Committee at Foxtons Group PLC and Workspace Group PLC, and a Non-Executive Director and Chair of the Audit Committee of Paypoint plc. On joining SThree's Board, Rosie will also be appointed as a member of the Audit and Risk, Nominations and Remuneration Committees. The company also announced that Elaine O'Donnell, who has served as a Director and Chair of the Audit and Risk Committee since October 2022, has announced her intention to resign as a director of the Company with effect from 31 December 2025. Elaine is stepping down as a consequence of additional time requirements arising from her other business commitments. Following Elaine's resignation, Rosie will succeed Elaine as Chair of the Audit and Risk Committee; Rosie and Elaine will work together closely in the lead up, to ensure a smooth transition. Annonce • Jul 29
SThree plc to Report Fiscal Year 2025 Final Results on Jan 27, 2026 SThree plc announced that they will report fiscal year 2025 final results on Jan 27, 2026 Annonce • Jun 24
SThree plc to Report First Half, 2025 Results on Jul 29, 2025 SThree plc announced that they will report first half, 2025 results on Jul 29, 2025 Annonce • Jun 19
SThree plc Announces Executive Changes, Effective July 1, 2025 SThree plc announced that, with effect from July 1, 2025, Imogen Joss, who was appointed to the Board in December 2022, will become Senior Independent Director and Chair of the Remuneration Committee and Sanjeevan Bala, who was appointed to the Board in April 2024, will become Employee Engagement NED. Annonce • May 02
SThree plc Declares Final Dividend SThree plc announced at the AGM held on April 29, 2025, approved Declaration of final dividend of 9.2 pence per ordinary share. Annonce • Jan 29
SThree plc, Annual General Meeting, Apr 29, 2025 SThree plc, Annual General Meeting, Apr 29, 2025. Annonce • Jan 28
SThree plc Proposes Final Dividend, Payable on June 6, 2025 SThree plc proposed a final dividend at 9.2 pence per share (FY23: 11.6 pence) this year. This, combined with the interim dividend of 5.1 pence per share, gives the total dividend for the year of 14.3 pence per share. The final dividend, which amounts to approximately £12.2 million, will be subject to shareholder approval at the 2025 Annual General Meeting. It will be paid on 6 June 2025 to shareholders on the register on 9 May 2025. Annonce • Jan 24
SThree plc Announces Retirement of Denise Collis as A Non-Executive Director, Effective June 30, 2025 SThree plc announced that Denise Collis, having served as a non-executive director since July 2016, has confirmed that she plans to retire from the Board on 30 June 2025 upon reaching nine-years' service. In line with the Company's established Board succession plans, the process to recruit a new Non-Executive Director has already commenced. A further update will be provided in due course. Annonce • Dec 12
SThree plc to Report Fiscal Year 2024 Results on Jan 28, 2025 SThree plc announced that they will report fiscal year 2024 results on Jan 28, 2025 Annonce • Jul 23
SThree plc Proposes Interim Dividend for the Six Months Ended 31 May 2024, Payable on 6 December 2024 The Board of SThree plc proposed to pay an interim dividend of 5.1 pence (first half of fiscal year 2023: 5.0 pence), amounting to c.£6.8 million in total for the six months ended May 31, 2024. This will be paid on 6 December 2024 to shareholders on record on 8 November 2024. The dividend will be paid from distributable reserves. Annonce • Jun 18
SThree plc to Report First Half, 2024 Results on Jul 23, 2024 SThree plc announced that they will report first half, 2024 results on Jul 23, 2024 Board Change • May 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Sanjeevan Bala was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 27
SThree plc Approves Final Dividend SThree plc at its AGM held on April 25, 2024 approved final dividend of 11.6 pence per ordinary share. Annonce • Apr 03
SThree plc Announces Appointment of Sanjeevan Bala as an Independent Non-Executive Director, Effective April 25, 2024 SThree plc announced that it will appoint Sanjeevan Bala as an Independent Non-Executive Director with effect from the conclusion of the Annual General Meeting on 25 April 2024, in line with its previously stated plan to recruit a new Non-Executive. . On joining the Board, Sanjeevan will also be appointed as a member of the Audit & Risk, Nominations and Remuneration Committees. Sanjeevan has extensive experience driving customer-centric technology transformation, having most recently been responsible for driving the digital data and AI transformation of the UK's largest commercial broadcaster and media company, ITV plc as the Group Chief Data and AI Officer. Prior to this, Sanjeevan was Head of Data Science at Channel 4 and held senior roles at Clear Cell Group and Dunhumby, a global leader in Customer Data Science. Sanjeevan is currently a Non-Executive Director and the Designated Workforce Engagement NED at Bakkavor Group plc, Co-Chair of the Chief Data and AI Office Board at Evanta, a Gartner Company and on the Advisory Board of DataIQ. On joining the Board, Sanjeevan will also be appointed as a member of the Audit & Risk, Nominations and Remuneration Committees. Declared Dividend • Feb 01
Final dividend of UK£0.12 announced Shareholders will receive a dividend of UK£0.12. Ex-date: 9th May 2024 Payment date: 7th June 2024 Dividend yield will be 4.0%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 30
Full year 2023 earnings released: EPS: UK£0.42 (vs UK£0.41 in FY 2022) Full year 2023 results: EPS: UK£0.42 (up from UK£0.41 in FY 2022). Revenue: UK£1.66b (up 1.4% from FY 2022). Net income: UK£56.1m (up 3.4% from FY 2022). Profit margin: 3.4% (up from 3.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annonce • Dec 09
SThree plc, Annual General Meeting, Apr 25, 2024 SThree plc, Annual General Meeting, Apr 25, 2024. Annonce • Dec 08
SThree plc Announces Retirement of Barrie Brien from Board SThree plc announced that Barrie Brien has confirmed that, due to his other professional commitments, he plans to retire from the Board and will not stand for re-election at the Company's 2024 Annual General Meeting to be held on 25 April 2024. In line with established Board succession plans, the process to recruit a new Non-Executive Director has already commenced. Upcoming Dividend • Nov 02
Upcoming dividend of UK£0.05 per share at 4.3% yield Eligible shareholders must have bought the stock before 09 November 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (6.7%). Higher than average of industry peers (2.3%). Reported Earnings • Jul 26
First half 2023 earnings released: EPS: UK£0.21 (vs UK£0.24 in 1H 2022) First half 2023 results: EPS: UK£0.21 (down from UK£0.24 in 1H 2022). Revenue: UK£825.2m (up 6.9% from 1H 2022). Net income: UK£27.7m (down 14% from 1H 2022). Profit margin: 3.4% (down from 4.1% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annonce • Jul 25
SThree plc Proposes Interim Dividend for the Six Months Ended 31 May 2023, Payable on 8 December 2023 The Board of SThree plc proposed to pay an interim dividend of 5.0 pence (first half fiscal year 2022: 5.0 pence), amounting to c.£6.6 million in total for the six months ended 31 May 2023. This will be paid on 8 December 2023 to shareholders on record on 10 November 2023. Upcoming Dividend • May 04
Upcoming dividend of UK£0.11 per share at 3.9% yield Eligible shareholders must have bought the stock before 11 May 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.4%). Buying Opportunity • May 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.6%. The fair value is estimated to be UK£5.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings is also forecast to grow by 9.6% per annum over the same time period. Buying Opportunity • Mar 13
Now 21% undervalued Over the last 90 days, the stock is up 15%. The fair value is estimated to be UK£5.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period. Reported Earnings • Feb 01
Full year 2022 earnings released: EPS: UK£0.41 (vs UK£0.32 in FY 2021) Full year 2022 results: EPS: UK£0.41 (up from UK£0.32 in FY 2021). Revenue: UK£1.64b (up 23% from FY 2021). Net income: UK£54.2m (up 28% from FY 2021). Profit margin: 3.3% (up from 3.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annonce • Dec 14
SThree plc to Report Fiscal Year 2022 Results on Jan 30, 2023 SThree plc announced that they will report fiscal year 2022 results on Jan 30, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Barrie Brien was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 27
Upcoming dividend of UK£0.05 per share Eligible shareholders must have bought the stock before 03 November 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of British dividend payers (6.1%). Higher than average of industry peers (2.4%). Board Change • Oct 02
Less than half of directors are independent Following Non-Executive Director Elaine O’Donnell's arrival on 01 October 2022, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Barrie Brien was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 27
First half 2022 earnings released: EPS: UK£0.24 (vs UK£0.14 in 1H 2021) First half 2022 results: EPS: UK£0.24 (up from UK£0.14 in 1H 2021). Revenue: UK£772.2m (up 26% from 1H 2021). Net income: UK£32.0m (up 67% from 1H 2021). Profit margin: 4.1% (up from 3.1% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.9%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 17% share price decline to UK£3.17, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 20x in the Professional Services industry in the United Kingdom. Total returns to shareholders of 14% over the past three years. Upcoming Dividend • Apr 28
Upcoming dividend of UK£0.08 per share Eligible shareholders must have bought the stock before 05 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of British dividend payers (4.7%). Higher than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 17% share price decline to UK£3.46, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 22x in the Professional Services industry in the United Kingdom. Total returns to shareholders of 23% over the past three years. Reported Earnings • Mar 03
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: UK£0.32 (up from UK£0.14 in FY 2020). Revenue: UK£1.33b (up 11% from FY 2020). Net income: UK£42.3m (up 125% from FY 2020). Profit margin: 3.2% (up from 1.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 10%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Feb 01
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: UK£0.32 (up from UK£0.14 in FY 2020). Revenue: UK£1.33b (up 11% from FY 2020). Net income: UK£42.3m (up 125% from FY 2020). Profit margin: 3.2% (up from 1.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 14%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to UK£4.63, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 27x in the Professional Services industry in the United Kingdom. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£8.10 per share. Upcoming Dividend • Oct 28
Upcoming dividend of UK£0.03 per share Eligible shareholders must have bought the stock before 04 November 2021. Payment date: 03 December 2021. Trailing yield: 1.0%. Lower than top quartile of British dividend payers (4.0%). Lower than average of industry peers (1.7%). Upcoming Dividend • Apr 29
Upcoming dividend of UK£0.05 per share Eligible shareholders must have bought the stock before 06 May 2021. Payment date: 04 June 2021. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.9%). Analyst Estimate Surprise Post Earnings • Feb 21
Revenue misses expectations Revenue missed analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 5.5%, compared to a 7.6% growth forecast for the Professional Services industry in the United Kingdom. Is New 90 Day High Low • Feb 19
New 90-day high: UK£3.39 The company is up 12% from its price of UK£3.03 on 20 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£2.86 per share. Analyst Estimate Surprise Post Earnings • Jan 27
Revenue misses expectations Revenue missed analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 4.5%, compared to a 4.4% growth forecast for the Professional Services industry in the United Kingdom. Annonce • Jan 19
SThree plc to Report Fiscal Year 2020 Results on Feb 25, 2021 SThree plc announced that they will report fiscal year 2020 results on Feb 25, 2021 Is New 90 Day High Low • Jan 13
New 90-day high: UK£3.30 The company is up 26% from its price of UK£2.62 on 14 October 2020. The British market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£2.02 per share. 
