LSE:BARC

Stock Analysis Report

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.

Snowflake

Fundamentals

Good value average dividend payer.


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


Market Performance


7 Day Return

2.8%

BARC

1.1%

GB Banks

-0.4%

GB Market


1 Year Return

1.0%

BARC

-0.9%

GB Banks

2.9%

GB Market

Return vs Industry: BARC exceeded the UK Banks industry which returned -0.9% over the past year.

Return vs Market: BARC underperformed the UK Market which returned 2.9% over the past year.


Shareholder returns

BARCIndustryMarket
7 Day2.8%1.1%-0.4%
30 Day9.6%2.4%-1.4%
90 Day6.0%-4.2%-2.1%
1 Year5.6%1.0%5.3%-0.9%7.9%2.9%
3 Year-2.4%-9.9%10.6%-3.2%18.0%3.6%
5 Year-16.4%-27.1%1.0%-18.7%35.8%6.4%

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?

30.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: BARC (£1.65) is trading below our estimate of fair value (£2.37)

Significantly Undervalued: BARC is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BARC is poor value based on its PE Ratio (9.1x) compared to the Banks industry average (9.1x).

PE vs Market: BARC is good value based on its PE Ratio (9.1x) compared to the UK market (16.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: BARC is good value based on its PEG Ratio (0.6x)


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 (0.8x).


Next Steps

Future Growth

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

14.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BARC's forecast earnings growth (14.2% per year) is above the savings rate (1.2%).

Earnings vs Market: BARC's earnings (14.2% per year) are forecast to grow faster than the UK market (12.6% per year).

High Growth Earnings: BARC's earnings are forecast to grow, but not significantly.

Revenue vs Market: BARC's revenue (2.3% per year) is forecast to grow slower than the UK market (3.9% per year).

High Growth Revenue: BARC's revenue (2.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: BARC's Return on Equity is forecast to be low in 3 years time (7.4%).


Next Steps

Past Performance

How has Barclays performed over the past 5 years?

35.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BARC's earnings have grown significantly by 35.2% per year over the past 5 years.

Accelerating Growth: BARC's earnings growth over the past year (5450%) exceeds its 5-year average (35.2% per year).

Earnings vs Industry: BARC earnings growth over the past year (5450%) exceeded the Banks industry 29.6%.


Return on Equity

High ROE: BARC's Return on Equity (5.6%) is considered low.


Return on Assets

ROA vs Industry: BARC's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate BARC's Return on Capital Employed to determine if it has improved over the past 3 years.


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

Inventory Level: BARC has a low level of unsold assets or inventory.

Debt Coverage by Assets: BARC's debt is covered by short term assets (assets are 1.060340x debt).


Financial Institutions Analysis

Asset Level: BARC's level of assets compared to its equity is moderate.

Allowance for Bad Loans: BARC has a low allowance for bad loans.

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

Loan Level: BARC has an acceptable proportion of non-loan assets held.

Low Risk Deposits: BARC's loans are broadly funded by customer deposits.

Level of Bad Loans: BARC has a high level of bad loans (2.43%)


Next Steps

Dividend

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

4.24%

Current Dividend Yield


Dividend Yield vs Market

company4.2%marketbottom25%2.0%markettop25%5.4%industryaverage5.7%forecastin3Years5.8%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: BARC's dividend (4.24%) is higher than the bottom 25% of dividend payers in the UK market (2.01%).

High Dividend: BARC's dividend (4.24%) is low compared to the top 25% of dividend payers in the UK market (5.36%).

Stable Dividend: BARC's dividend payments have been volatile in the past 10 years.

Growing Dividend: BARC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.6%), BARC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BARC's dividends in 3 years are forecast to be well covered by earnings (44% payout ratio).


Next Steps

Management

What is the CEO of Barclays's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

Jes Staley (63yo)

3.8yrs

Tenure

UK£3,362,000

Compensation

Mr. James Edward Staley, also known as Jes, has been Group Chief Executive Officer of Barclays Plc since December 1, 2015. He has been Interim Chief Executive Officer of Barclays Bank PLC since March 26, 2 ...


CEO Compensation Analysis

Compensation vs. Market: Jes's total compensation ($USD4.33M) is about average for companies of similar size in the UK market ($USD4.92M).

Compensation vs Earnings: Jes's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.8yrs

Average Tenure

54yo

Average Age

Experienced Management: BARC's management team is considered experienced (3.8 years average tenure).


Board Age and Tenure

5.2yrs

Average Tenure

63yo

Average Age

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


Insider Trading

Insider Buying: BARC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUK£36,75008 Aug 19
Robert Hoyt
EntityIndividual
Role
Chief Legal Officer
Group General Counsel
Shares25,000
Max PriceUK£1.47
BuyUK£9,74806 Aug 19
Ian Cheshire
EntityIndividual
Shares6,386
Max PriceUK£1.53
BuyUK£7,76206 Aug 19
Matthew Lester
EntityIndividual
Shares5,085
Max PriceUK£1.53
BuyUK£8,07606 Aug 19
Crawford Gillies
EntityIndividual
Role
Lead Director
Senior Independent Director
Shares5,291
Max PriceUK£1.53
BuyUK£11,79306 Aug 19
Diane Schueneman
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares7,726
Max PriceUK£1.53
BuyUK£7,76006 Aug 19
Mary Citrino
EntityIndividual
Shares5,084
Max PriceUK£1.53
BuyUK£7,64706 Aug 19
Mary Francis
EntityIndividual
Shares5,010
Max PriceUK£1.53
BuyUK£8,38606 Aug 19
Michael Ashley
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares5,494
Max PriceUK£1.53
BuyUK£237,50018 Jun 19
Robert Hoyt
EntityIndividual
Role
Chief Legal Officer
Group General Counsel
Shares157,933
Max PriceUK£1.50
BuyUK£206,24918 Jun 19
Tushar Morzaria
EntityIndividual
Role
Member of the Board of Directors
Group Finance Director & Executive Director
Shares137,152
Max PriceUK£1.50
BuyUK£206,24918 Jun 19
Ashok Vaswani
EntityIndividual
Shares137,152
Max PriceUK£1.50
BuyUK£293,74918 Jun 19
James Staley
EntityIndividual
Role
Chief Executive Officer
Group CEO & Executive Director
Shares195,338
Max PriceUK£1.50
BuyUK£47,41209 May 19
Crawford Gillies
EntityIndividual
Role
Lead Director
Senior Independent Director
Shares30,000
Max PriceUK£1.58
SellUK£80,55008 May 19
Robert Hoyt
EntityIndividual
Role
Chief Legal Officer
Group General Counsel
Shares50,000
Max PriceUK£1.61
BuyUK£90,12308 May 19
Timothy Breedon
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares55,000
Max PriceUK£1.64
SellUK£81,66001 Mar 19
Robert Hoyt
EntityIndividual
Role
Chief Legal Officer
Group General Counsel
Shares50,000
Max PriceUK£1.63
BuyUK£10,08326 Feb 19
Dambisa Moyo
EntityIndividual
Shares6,371
Max PriceUK£1.58
BuyUK£10,09126 Feb 19
Michael Ashley
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares6,376
Max PriceUK£1.58
BuyUK£9,80826 Feb 19
Crawford Gillies
EntityIndividual
Role
Lead Director
Senior Independent Director
Shares6,197
Max PriceUK£1.58
BuyUK£14,70226 Feb 19
Diane Schueneman
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares9,289
Max PriceUK£1.58
BuyUK£10,47126 Feb 19
Mary Citrino
EntityIndividual
Shares6,616
Max PriceUK£1.58
BuyUK£9,83026 Feb 19
Mary Francis
EntityIndividual
Shares6,211
Max PriceUK£1.58
BuyUK£10,18326 Feb 19
Matthew Lester
EntityIndividual
Shares6,434
Max PriceUK£1.58
BuyUK£10,24526 Feb 19
Timothy Breedon
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares6,473
Max PriceUK£1.58
BuyUK£9,40426 Feb 19
Ian Cheshire
EntityIndividual
Shares5,942
Max PriceUK£1.58
BuyUK£10,46626 Feb 19
Michael Turner
EntityIndividual
Shares6,613
Max PriceUK£1.58
BuyUK£10,43026 Feb 19
Reuben Jeffery
EntityIndividual
Shares6,590
Max PriceUK£1.58
BuyUK£10,02226 Feb 19
Gerald Grimstone
EntityIndividual
Shares6,332
Max PriceUK£1.58
BuyUK£31,87626 Feb 19
John McFarlane
EntityIndividual
Shares20,140
Max PriceUK£1.58
BuyUK£222,338,24408 Feb 19
Sherborne Investors Management LP
EntityCompany
Shares140,454,539
Max PriceUK£1.65
BuyUK£50,00121 Dec 18
Michael Ashley
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares33,890
Max PriceUK£1.48

Ownership Breakdown


Management Team

  • Jes Staley (63yo)

    Group CEO & Executive Director

    • Tenure: 3.8yrs
    • Compensation: UK£3.36m
  • Tushar Morzaria (50yo)

    Group Finance Director & Executive Director

    • Tenure: 6yrs
    • Compensation: UK£3.48m
  • Jamie Lundie

    Managing Director and Head of Corporate Communications

    • Tenure: 4.5yrs
  • Arne Hassel

    Chief Investment Officer

    • Tenure: 4.1yrs
  • Bob Hoyt (54yo)

    Group General Counsel

    • Tenure: 6.2yrs
  • Mark Ashton-Rigby

    Group COO & CEO of Barclays Execution Services

    • Tenure: 0.3yrs
  • Alisdair Gayne

    Head of UK Investment Banking

    • Tenure: 2.9yrs
  • Kathryn McLeland

    Head of Investor Relations & Group Treasurer

    • Tenure: 0yrs
  • Laura Padovani

    Group Chief Compliance Officer

    • Tenure: 2.8yrs
  • Adam Kelleher

    Chief Data Scientist for Research & Director

    • Tenure: 1.4yrs

Board Members

  • Nigel Higgins (59yo)

    Group Chairman

    • Tenure: 0.4yrs
  • Tim Breedon (61yo)

    Non-Executive Director

    • Tenure: 6.9yrs
    • Compensation: UK£225.00k
  • Jes Staley (63yo)

    Group CEO & Executive Director

    • Tenure: 3.8yrs
    • Compensation: UK£3.36m
  • Mark Merson (50yo)

    Non Executive Director of Barlclays Africa Group

    • Tenure: 0yrs
  • Zhi Qiu (64yo)

    Chairman of Investment Banking Unit - Greater China and Asia-Pacific Vice Chairman

    • Tenure: 10.3yrs
  • Diane Schueneman (67yo)

    Non-Executive Director

    • Tenure: 4.3yrs
    • Compensation: UK£337.00k
  • Crawford Gillies (63yo)

    Senior Independent Director

    • Tenure: 1.5yrs
    • Compensation: UK£222.00k
  • Tushar Morzaria (50yo)

    Group Finance Director & Executive Director

    • Tenure: 6yrs
    • Compensation: UK£3.48m
  • Carlos de Campos

    Chairman of BB SAU

    • Tenure: 0yrs
  • Mike Ashley (64yo)

    Non-Executive Director

    • Tenure: 6.1yrs
    • Compensation: UK£215.00k

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£28.482b
  • Shares outstanding: 17.26b
  • 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

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 Analysis2019/10/19 20:40
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.