LSE:KLR

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Executive Summary

Keller Group plc provides geotechnical solutions in North America, Europe, the Middle East, Africa, and the Asia-Pacific. More Details


Snowflake Analysis

Excellent balance sheet established dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

-1.8%

KLR

5.7%

GB Construction

3.0%

GB Market


1 Year Return

-0.3%

KLR

-14.7%

GB Construction

-6.1%

GB Market

Return vs Industry: KLR exceeded the UK Construction industry which returned -15.6% over the past year.

Return vs Market: KLR exceeded the UK Market which returned -5.6% over the past year.


Shareholder returns

KLRIndustryMarket
7 Day-1.8%5.7%3.0%
30 Day22.0%23.2%11.1%
90 Day10.0%18.3%11.9%
1 Year5.8%-0.3%-2.9%-14.7%-2.4%-6.1%
3 Year-19.9%-30.9%-20.3%-37.0%4.5%-8.2%
5 Year0.5%-18.5%-7.9%-34.0%38.9%7.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

17.06x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KLR (£6.6) is trading above our estimate of fair value (£4.72)

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


Price To Earnings Ratio

PE vs Industry: KLR is poor value based on its PE Ratio (17.1x) compared to the GB Construction industry average (11.5x).

PE vs Market: KLR is good value based on its PE Ratio (17.1x) compared to the UK market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: KLR is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: KLR's PB Ratio (1.1x) is in line with the GB Construction industry average.


Next Steps

Future Growth

How is Keller Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

16.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KLR's forecast earnings growth (16% per year) is above the savings rate (1.2%).

Earnings vs Market: KLR's earnings (16% per year) are forecast to grow slower than the UK market (26.2% per year).

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

Revenue vs Market: KLR's revenue is expected to decline over the next 3 years (-1.7% per year).

High Growth Revenue: KLR's revenue is forecast to decline over the next 3 years (-1.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KLR's Return on Equity is forecast to be low in 3 years time (12.5%).


Next Steps

Past Performance

How has Keller Group performed over the past 5 years?

-15.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KLR has a large one-off loss of £30.6M impacting its June 28 2020 financial results.

Growing Profit Margin: KLR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: KLR's earnings have declined by 15.5% per year over the past 5 years.

Accelerating Growth: KLR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: KLR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (-22.3%).


Return on Equity

High ROE: KLR's Return on Equity (6.4%) is considered low.


Next Steps

Financial Health

How is Keller Group's financial position?


Financial Position Analysis

Short Term Liabilities: KLR's short term assets (£786.8M) exceed its short term liabilities (£546.2M).

Long Term Liabilities: KLR's short term assets (£786.8M) exceed its long term liabilities (£442.9M).


Debt to Equity History and Analysis

Debt Level: KLR's debt to equity ratio (58.6%) is considered high.

Reducing Debt: KLR's debt to equity ratio has reduced from 66.7% to 58.6% over the past 5 years.

Debt Coverage: KLR's debt is well covered by operating cash flow (102%).

Interest Coverage: KLR's interest payments on its debt are well covered by EBIT (6.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Keller Group current dividend yield, its reliability and sustainability?

5.44%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KLR's dividend (5.44%) is higher than the bottom 25% of dividend payers in the UK market (1.67%).

High Dividend: KLR's dividend (5.44%) is in the top 25% of dividend payers in the UK market (4.79%)


Stability and Growth of Payments

Stable Dividend: KLR's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (92.8%), KLR's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: KLR's dividends in 3 years are forecast to be well covered by earnings (46.7% payout ratio).


Next Steps

Management

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

2.4yrs

Average management tenure


CEO

Mike Speakman (56 yo)

1.17yrs

Tenure

UK£641,000

Compensation

Mr. Michael J. Speakman, also known as Mike, is Chief Executive Officer at Keller Group plc since December 12, 2019. Mr. Speakman had been Interim Chief Executive Officer at Keller Group plc since October ...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD863.52K) is about average for companies of similar size in the UK market ($USD1.06M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Michael Speakman
CEO & Director1.17yrsUK£641.00k0.055%
£ 259.2k
Venu Raju
Engineering & Operations Director3.92yrsUK£524.00k0.19%
£ 893.2k
James W. Hind
President of North America2.33yrsUK£853.00k0%
£ 0
David Burke
CFO & Executive Director0.17yrno datano data
Katrina Roche
Chief Information Officer0.25yrno datano data
Caroline Crampton
Group Head of Investor Relations1.92yrsno datano data
Kerry Porritt
Group Company Secretary & Legal Advisorno datano datano data
Katie Deeble
Head of Communications & Marketingno datano datano data
Graeme Cook
Human Resources Director3.92yrsno datano data
Thorsten Holl
President of Europe5.08yrsno datano data
Peter Wyton
President of APAC2.67yrsno datano data
Eric Drooff
Chief Operating Officer of North America Division2.42yrsno datano data

2.4yrs

Average Tenure

52.5yo

Average Age

Experienced Management: KLR's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Speakman
CEO & Director1.17yrsUK£641.00k0.055%
£ 259.2k
David Burke
CFO & Executive Director0.17yrno datano data
Eva Lindqvist
Independent Non-Executive Director3.5yrsUK£49.00kno data
Nancy R. Moore
Independent Non-Executive Director6.5yrsUK£67.00k0.0042%
£ 19.4k
Peter Hill
Non-Executive Chairman of the Board4.42yrsUK£180.00k0.073%
£ 343.5k
Paula Bell
Independent Non-Executive Director2.25yrsUK£57.00k0.0022%
£ 10.2k
Kate Rock
Senior Independent Director0.92yrUK£57.00k0.0035%
£ 16.2k

2.3yrs

Average Tenure

62yo

Average Age

Experienced Board: KLR's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

Keller Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Keller Group plc
  • Ticker: KLR
  • Exchange: LSE
  • Founded: 1860
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: UK£467.921m
  • Shares outstanding: 72.21m
  • Website: https://www.keller.com

Number of Employees


Location

  • Keller Group plc
  • 1 Sheldon Square
  • 5th Floor
  • London
  • Greater London
  • W2 6TT
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KLRG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 1994
KLRLSE (London Stock Exchange)YesOrdinary SharesGBGBPMay 1994
01KDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 1994
KLRLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPMay 1994

Biography

Keller Group plc provides geotechnical solutions in North America, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers ground improvement services to prepare the ground for new constr...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 19:24
End of Day Share Price2020/12/04 00:00
Earnings2020/06/28
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.