406 Stock Overview

Provides employee benefit consultancy and related business services in the United Kingdom. More details

406 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	5/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 10.4% below our estimate of its fair value

Revenue is forecast to grow 6.33% per year

Earnings grew by 300.5% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 14.5% per year for the next 3 years

Unstable dividend track record

Significant insider selling over the past 3 months

Large one-off items impacting financial results

My Notes

Capture your thoughts, links and company narrative

XPS Pensions Group plc Competitors

MLP

XTRA:MLP

€655.8m

AURELIUS Equity Opportunities SE KGaA

HMSE:AR40

€343.3m

OVB Holding

XTRA:O4B

€279.3m

Deutsche Beteiligungs

XTRA:DBAN

€411.6m

Price History & Performance

Summary of share price highs, lows and changes for XPS Pensions Group
Historical stock prices
Current Share Price	UK£4.11
52 Week High	UK£4.52
52 Week Low	UK£3.34
Beta	0.47
1 Month Change	-8.90%
3 Month Change	18.01%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	19.56%

Recent updates

Shareholder Returns

	406	DE Capital Markets	DE Market
7D	-1.9%	-2.1%	-1.6%
1Y	n/a	20.4%	6.8%

Return vs Industry: Insufficient data to determine how 406 performed against the German Capital Markets industry.

Return vs Market: Insufficient data to determine how 406 performed against the German Market.

Price Volatility

Is 406's price volatile compared to industry and market?
406 volatility
406 Average Weekly Movement	5.3%
Capital Markets Industry Average Movement	4.5%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.6%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 406 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine 406's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2012	1,712	Ben Bramhall	www.xpsgroup.com

XPS Pensions Group plc, together with its subsidiaries, provides employee benefit consultancy and related business services in the United Kingdom. It offers pension advisory; independent consultancy; DB master trust schemes; and self-invested personal pension (SIPP) and SSAS pension services. The company also provides pension administer services, such as payroll, scheme administration, outsourcing, payroll, scheme accounting, and scam identification and protection services, as well as member communication, de-risking projects, GMP equalization, data audits and cleansing, and trustee secretarial services.

XPS Pensions Group plc Fundamentals Summary

How do XPS Pensions Group's earnings and revenue compare to its market cap?
406 fundamental statistics
Market cap	€872.21m
Earnings (TTM)	€74.45m
Revenue (TTM)	€263.28m

11.7x

P/E Ratio

3.3x

P/S Ratio

Is 406 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
406 income statement (TTM)
Revenue	UK£218.34m
Cost of Revenue	UK£120.36m
Gross Profit	UK£97.98m
Other Expenses	UK£36.24m
Earnings	UK£61.74m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.30
Gross Margin	44.88%
Net Profit Margin	28.28%
Debt/Equity Ratio	17.3%

How did 406 perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

36%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 12:11
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

XPS Pensions Group plc is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Canaccord Genuity
Steven Woolf	Numis Securities Ltd.
James Allen	Panmure Liberum