LSE:BARC

Stock Analysis Report

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Executive Summary

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. More Details


Snowflake Analysis

Proven track record and fair value.


Similar Companies

Share Price & News

How has Barclays's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BARC is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: BARC's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

1.3%

BARC

4.2%

GB Banks

-0.4%

GB Market


1 Year Return

-18.7%

BARC

-28.9%

GB Banks

-10.0%

GB Market

Return vs Industry: BARC exceeded the UK Banks industry which returned -28.8% over the past year.

Return vs Market: BARC underperformed the UK Market which returned -10.1% over the past year.


Shareholder returns

BARCIndustryMarket
7 Day1.3%4.2%-0.4%
30 Day33.3%29.0%13.6%
90 Day24.6%24.7%6.4%
1 Year-18.7%-18.7%-28.7%-28.9%-6.4%-10.0%
3 Year-21.2%-26.3%-34.6%-40.9%1.6%-10.9%
5 Year-32.3%-39.2%-18.7%-32.1%27.5%-1.5%

Long-Term Price Volatility Vs. Market

How volatile is Barclays's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Barclays undervalued compared to its fair value and its price relative to the market?

12.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BARC (£1.4) is trading above our estimate of fair value (£1.26)

Significantly Below Fair Value: BARC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BARC is poor value based on its PE Ratio (12.1x) compared to the GB Banks industry average (10.5x).

PE vs Market: BARC is good value based on its PE Ratio (12.1x) compared to the UK market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: BARC is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: BARC is good value based on its PB Ratio (0.4x) compared to the GB Banks industry average (0.6x).


Next Steps

Future Growth

How is Barclays forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

42.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BARC's forecast earnings growth (42.5% per year) is above the savings rate (1.2%).

Earnings vs Market: BARC's earnings (42.5% per year) are forecast to grow faster than the UK market (27.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BARC's revenue (0.1% per year) is forecast to grow slower than the UK market (6.8% per year).

High Growth Revenue: BARC's revenue (0.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BARC's Return on Equity is forecast to be low in 3 years time (6.1%).


Next Steps

Past Performance

How has Barclays performed over the past 5 years?

37.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BARC has high quality earnings.

Growing Profit Margin: BARC's current net profit margins (11.5%) are higher than last year (9.1%).


Past Earnings Growth Analysis

Earnings Trend: BARC's earnings have grown significantly by 37.5% per year over the past 5 years.

Accelerating Growth: BARC's earnings growth over the past year (12%) is below its 5-year average (37.5% per year).

Earnings vs Industry: BARC earnings growth over the past year (12%) exceeded the Banks industry -25.7%.


Return on Equity

High ROE: BARC's Return on Equity (4.2%) is considered low.


Next Steps

Financial Health

How is Barclays's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BARC's Assets to Equity ratio (20.6x) is very high.

Allowance for Bad Loans: BARC has a low allowance for bad loans (98%).

Low Risk Liabilities: 63% of BARC's liabilities are made up of primarily higher risk sources of funding.

Loan Level: BARC has an appropriate level of Loans to Assets ratio (24%).

Low Risk Deposits: BARC's Loans to Deposits ratio (70%) is appropriate.

Level of Bad Loans: BARC has a high level of bad loans (2.5%).


Next Steps

Dividend

What is Barclays's current dividend yield, its reliability and sustainability?

3.89%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BARC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BARC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BARC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BARC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BARC is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BARC's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Jes Staley (64 yo)

4.92yrs

Tenure

UK£5,929,000

Compensation

Mr. James Edward Staley, also known as Jes, has been Group Chief Executive Officer of Barclays Plc since December 1, 2015. He serves as a Chief Executive Officer and served as Interim Chief Executive Offic...


CEO Compensation Analysis

Compensation vs Market: Jes's total compensation ($USD7.90M) is above average for companies of similar size in the UK market ($USD4.56M).

Compensation vs Earnings: Jes's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
James Staley
Group CEO & Executive Director4.92yrsUK£5.93m0.032%
£ 7.8m
Tushar Morzaria
Group Finance Director & Executive Director7.08yrsUK£3.97m0.023%
£ 5.5m
Mark Ashton-Rigby
Group COO & CEO of Barclays Execution Services1.33yrsno datano data
Arne Hassel
Chief Investment Officer5.17yrsno datano data
Alisdair Gayne
Head of UK Investment Banking4yrsno datano data
Marco Valla
Global Head of Technology of Media and Telecommunications Bankingno datano datano data
Adam Kelleher
Chief Data Scientist for Research & Director2.5yrsno datano data
Kathryn McLeland
Head of Investor Relations & Group Treasurerno datano datano data
Stephen Shapiro
Group General Counsel & Company Secretary0.25yrno datano data
Laura Padovani
Group Chief Compliance Officer3.83yrsno datano data
James Lundie
Managing Director and Head of Corporate Communications5.58yrsno datano data
Tristram Roberts
Group Human Resources Director4.92yrsno datano data

4.5yrs

Average Tenure

Experienced Management: BARC's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Staley
Group CEO & Executive Director4.92yrsUK£5.93m0.032%
£ 7.8m
Tushar Morzaria
Group Finance Director & Executive Director7.08yrsUK£3.97m0.023%
£ 5.5m
Mark Merson
Non Executive Director of Barlclays Africa Groupno datano datano data
Nigel Higgins
Independent Group Chairman1.5yrsUK£544.00k0.0089%
£ 2.2m
Ian Cheshire
Independent Non-Executive Director3.58yrsUK£480.00k0.00068%
£ 164.6k
Timothy Breedon
Independent Non-Executive Director8yrsUK£238.00k0.0010%
£ 251.8k
Mary Francis
Independent Non-Executive Director4.08yrsUK£155.00k0.00027%
£ 65.4k
Zhi Zhong Qiu
Chairman of Investment Banking Unit - Greater China and Asia-Pacific Vice Chairman11.33yrsno datano data
Diane Schueneman
Independent Non-Executive Director5.42yrsUK£377.00k0.00044%
£ 106.5k
Crawford Gillies
Senior Independent Director2.58yrsUK£231.00k0.0011%
£ 278.4k
Carlos de Campos
Chairman of BB SAUno datano datano data
Michael St Ashley
Independent Non-Executive Director7.17yrsUK£222.00k0.0021%
£ 503.5k

5.2yrs

Average Tenure

64yo

Average Age

Experienced Board: BARC's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Barclays PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Barclays PLC
  • Ticker: BARC
  • Exchange: LSE
  • Founded: 1690
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: UK£24.207b
  • Shares outstanding: 17.35b
  • Website: https://www.home.barclays

Number of Employees


Location

  • Barclays PLC
  • 1 Churchill Place
  • London
  • Greater London
  • E14 5HP
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCLY.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1980
BARCLSE (London Stock Exchange)YesOrdinary SharesGBGBPJan 1980
BCYDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1980
BCYXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJan 1980
BARCLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJan 1980
BARCSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJan 1980
BCSNYSE (New York Stock Exchange)ADRUSUSDSep 1986
BCS NBMV (Bolsa Mexicana de Valores)ADRMXMXNSep 1986
BCY2DB (Deutsche Boerse AG)ADRDEEURSep 1986
BCSBASE (Buenos Aires Stock Exchange)CEDEAR EACH 6 REPR 1 ADRARARSDec 2000

Biography

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operat...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/28 18:41
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.