Weir Group
Market Cap
UK£4.4b
Last Updated
2020/11/29 19:44 UTC
Data Sources
Company Financials +
Executive Summary
The Weir Group PLC produces and sells highly-engineered equipment worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential with imperfect balance sheet.
Similar Companies
Share Price & News
How has Weir Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WEIR is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: WEIR's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-0.4%
WEIR
-2.5%
GB Machinery
-0.4%
GB Market
1 Year Return
20.9%
WEIR
8.3%
GB Machinery
-10.0%
GB Market
Return vs Industry: WEIR exceeded the UK Machinery industry which returned 8.3% over the past year.
Return vs Market: WEIR exceeded the UK Market which returned -10% over the past year.
Shareholder returns
| WEIR | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.4% | -2.5% | -0.4% |
| 30 Day | 17.7% | 6.8% | 13.6% |
| 90 Day | 33.0% | 12.7% | 6.4% |
| 1 Year | 20.9%20.9% | 9.8%8.3% | -6.4%-10.0% |
| 3 Year | -9.3%-14.0% | 22.4%14.1% | 1.6%-10.9% |
| 5 Year | 76.2%57.7% | 106.9%81.7% | 27.5%-1.5% |
Long-Term Price Volatility Vs. Market
How volatile is Weir Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
What Kind Of Shareholders Hold The Majority In The Weir Group PLC's (LON:WEIR) Shares?4 months ago | Simply Wall St
Is The Weir Group PLC (LON:WEIR) A Great Dividend Stock?4 months ago | Simply Wall St
A Quick Analysis On Weir Group's (LON:WEIR) CEO SalaryValuation
Is Weir Group undervalued compared to its fair value and its price relative to the market?
2.74x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: WEIR (£16.87) is trading above our estimate of fair value (£7.64)
Significantly Below Fair Value: WEIR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WEIR is unprofitable, so we can't compare its PE Ratio to the GB Machinery industry average.
PE vs Market: WEIR is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WEIR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WEIR is overvalued based on its PB Ratio (2.7x) compared to the GB Machinery industry average (1.8x).
Next Steps
Future Growth
How is Weir Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
29.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WEIR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: WEIR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: WEIR's is expected to become profitable in the next 3 years.
Revenue vs Market: WEIR's revenue is expected to decline over the next 3 years (-1.5% per year).
High Growth Revenue: WEIR's revenue is forecast to decline over the next 3 years (-1.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WEIR's Return on Equity is forecast to be low in 3 years time (11.7%).
Next Steps
Past Performance
How has Weir Group performed over the past 5 years?
-19.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WEIR is currently unprofitable.
Growing Profit Margin: WEIR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WEIR is unprofitable, and losses have increased over the past 5 years at a rate of 19.1% per year.
Accelerating Growth: Unable to compare WEIR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WEIR is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-18.5%).
Return on Equity
High ROE: WEIR has a negative Return on Equity (-23.96%), as it is currently unprofitable.
Next Steps
Financial Health
How is Weir Group's financial position?
Financial Position Analysis
Short Term Liabilities: WEIR's short term assets (£1.6B) exceed its short term liabilities (£763.0M).
Long Term Liabilities: WEIR's short term assets (£1.6B) do not cover its long term liabilities (£1.7B).
Debt to Equity History and Analysis
Debt Level: WEIR's debt to equity ratio (80.3%) is considered high.
Reducing Debt: WEIR's debt to equity ratio has increased from 75% to 80.3% over the past 5 years.
Debt Coverage: WEIR's debt is well covered by operating cash flow (32.8%).
Interest Coverage: WEIR is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Weir Group current dividend yield, its reliability and sustainability?
1.72%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WEIR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WEIR'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 WEIR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WEIR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: WEIR is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WEIR'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?
3.0yrs
Average management tenure
CEO
Jon Stanton (53 yo)
4.08yrs
Tenure
UK£1,738,491
Compensation
Mr. Jonathan Stanton, also known as Jon, has been the Chief Executive Officer of The Weir Group PLC since October 1, 2016 and served as its Group Finance Director from April 19, 2010 to October 3, 2016. He...
CEO Compensation Analysis
Compensation vs Market: Jon's total compensation ($USD2.32M) is about average for companies of similar size in the UK market ($USD2.90M).
Compensation vs Earnings: Jon's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.08yrs | UK£1.74m | 0.048% £ 2.1m | |
| CFO & Director | 4.08yrs | UK£966.00k | 0.024% £ 1.0m | |
| Chief Information Officer | 1.58yrs | no data | no data | |
| Head of Investor Relations | 6.25yrs | no data | no data | |
| Company Secretary & Chief Legal Officer | 2.58yrs | no data | no data | |
| Head of Communications & Public Affairs | 7.17yrs | no data | no data | |
| Chief People Officer | 3.33yrs | no data | no data | |
| President of ESCO division | 0.33yr | no data | no data | |
| Senior Counsel | 2.5yrs | no data | no data | |
| Chief Strategy & Sustainability Officer | no data | no data | no data | |
| Group Head of Reward & Recognition | no data | no data | no data | |
| Head of Internal Audit | 1.17yrs | no data | no data |
3.0yrs
Average Tenure
47yo
Average Age
Experienced Management: WEIR's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.08yrs | UK£1.74m | 0.048% £ 2.1m | |
| CFO & Director | 4.08yrs | UK£966.00k | 0.024% £ 1.0m | |
| Senior Independent Director | 0.83yr | UK£62.48k | 0.00087% £ 38.1k | |
| Independent Chairman | 6.83yrs | UK£312.90k | 0.00083% £ 36.3k | |
| Non-Executive Independent Director & Member of Technology Advisory Board | 5.83yrs | UK£62.48k | 0.00019% £ 8.3k | |
| Employee Engagement Non-Executive Independent Director | 6.83yrs | UK£83.00k | 0.0019% £ 84.5k | |
| Non-Executive Independent Director | 3.25yrs | UK£78.75k | 0.00018% £ 7.9k | |
| Non-Executive Independent Director | 2.83yrs | UK£78.75k | 0.0023% £ 99.4k | |
| Member of Technology Advisory Board | 5.83yrs | no data | no data | |
| Member of Technology Advisory Board | 5.83yrs | no data | no data | |
| Non-Executive Independent Director | 1.67yrs | UK£54.39k | no data |
5.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: WEIR's board of directors are considered experienced (5.8 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
The Weir Group PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Weir Group PLC
- Ticker: WEIR
- Exchange: LSE
- Founded: 1871
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: UK£4.377b
- Shares outstanding: 259.45m
- Website: https://www.global.weir
Number of Employees
Location
- The Weir Group PLC
- 1 West Regent Street
- Glasgow
- Lanarkshire
- G2 1RW
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WEIG.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jun 1993 |
| WEIR | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jun 1993 |
| 42W | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 1993 |
| WEIRL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jun 1993 |
| WEIR N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Jun 1993 |
| WEGR.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Jan 2012 |
Biography
The Weir Group PLC produces and sells highly-engineered equipment worldwide. It operates through three segments: Minerals, ESCO, and Oil & Gas. The Minerals segment offers slurry handling equipment and ass...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/29 19:44 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.