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EMR

Empresaria Group AIM:EMR Stock Report

Last Price

UK£0.51

Market Cap

UK£25.0m

7D

-12.8%

1Y

-42.0%

Updated

29 Sep, 2022

Data

Company Financials +
EMR fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance2/6
Financial Health5/6
Dividends4/6

EMR Stock Overview

Empresaria Group plc provides staffing and recruitment services in the United Kingdom, Continental Europe, the Asia Pacific, and the Americas.

Empresaria Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Empresaria Group
Historical stock prices
Current Share PriceUK£0.51
52 Week HighUK£0.93
52 Week LowUK£0.50
Beta0.88
1 Month Change-16.39%
3 Month Change-20.93%
1 Year Change-42.05%
3 Year Change-1.92%
5 Year Change-60.16%
Change since IPO10.27%

Recent News & Updates

Sep 28
Is Empresaria Group (LON:EMR) Using Too Much Debt?

Is Empresaria Group (LON:EMR) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

EMRGB Professional ServicesGB Market
7D-12.8%0.6%-4.1%
1Y-42.0%-11.3%-16.2%

Return vs Industry: EMR underperformed the UK Professional Services industry which returned -10.8% over the past year.

Return vs Market: EMR underperformed the UK Market which returned -14.9% over the past year.

Price Volatility

Is EMR's price volatile compared to industry and market?
EMR volatility
EMR Average Weekly Movement2.9%
Professional Services Industry Average Movement3.9%
Market Average Movement5.3%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.8%

Stable Share Price: EMR is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: EMR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19962,725Rhona Driggshttps://www.empresaria.com

Empresaria Group plc provides staffing and recruitment services in the United Kingdom, Continental Europe, the Asia Pacific, and the Americas. It offers permanent placement, temporary and contract placement, executive search, offshore recruitment, and recruitment process outsourcing services, as well as bespoke solutions for clients and candidates. The company serves clients in professional, information technology, healthcare, commercial, and offshore recruitment, as well as property, construction, and engineering sectors.

Empresaria Group Fundamentals Summary

How do Empresaria Group's earnings and revenue compare to its market cap?
EMR fundamental statistics
Market CapUK£24.98m
Earnings (TTM)UK£2.90m
Revenue (TTM)UK£258.40m

8.6x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EMR income statement (TTM)
RevenueUK£258.40m
Cost of RevenueUK£194.70m
Gross ProfitUK£63.70m
Other ExpensesUK£60.80m
EarningsUK£2.90m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Mar 16, 2023

Earnings per share (EPS)0.059
Gross Margin24.65%
Net Profit Margin1.12%
Debt/Equity Ratio72.6%

How did EMR perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

21%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is EMR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EMR?

Other financial metrics that can be useful for relative valuation.

EMR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.2x
Enterprise Value/EBITDA4.6x
PEG Ratio1.3x

Price to Earnings Ratio vs Peers

How does EMR's PE Ratio compare to its peers?

EMR PE Ratio vs Peers
The above table shows the PE ratio for EMR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average31.7x
STAF Staffline Group
41.8x79.7%UK£62.6m
MIND Mind Gym
59.3xn/aUK£95.1m
IPEL Impellam Group
17.6xn/aUK£234.5m
RWA Robert Walters
8.2x8.1%UK£308.5m
EMR Empresaria Group
8.6x6.7%UK£25.0m

Price-To-Earnings vs Peers: EMR is good value based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (31.7x).


Price to Earnings Ratio vs Industry

How does EMR's PE Ratio compare vs other companies in the GB Professional Services Industry?

Price-To-Earnings vs Industry: EMR is good value based on its Price-To-Earnings Ratio (8.6x) compared to the UK Professional Services industry average (16.9x)


Price to Earnings Ratio vs Fair Ratio

What is EMR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EMR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.6x
Fair PE Ratio13.4x

Price-To-Earnings vs Fair Ratio: EMR is good value based on its Price-To-Earnings Ratio (8.6x) compared to the estimated Fair Price-To-Earnings Ratio (13.4x).


Share Price vs Fair Value

What is the Fair Price of EMR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EMR (£0.51) is trading below our estimate of fair value (£2.92)

Significantly Below Fair Value: EMR is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Future Growth

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

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


6.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EMR's forecast earnings growth (6.7% per year) is above the savings rate (0.9%).

Earnings vs Market: EMR's earnings (6.7% per year) are forecast to grow slower than the UK market (8.9% per year).

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

Revenue vs Market: EMR's revenue (7% per year) is forecast to grow faster than the UK market (4.5% per year).

High Growth Revenue: EMR's revenue (7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if EMR's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Empresaria Group performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-36.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EMR has high quality earnings.

Growing Profit Margin: EMR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: EMR's earnings have declined by 36.2% per year over the past 5 years.

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

Earnings vs Industry: EMR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Professional Services industry (47%).


Return on Equity

High ROE: EMR's Return on Equity (8.5%) is considered low.


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Financial Health

How is Empresaria Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: EMR's short term assets (£71.9M) exceed its short term liabilities (£62.6M).

Long Term Liabilities: EMR's short term assets (£71.9M) exceed its long term liabilities (£16.7M).


Debt to Equity History and Analysis

Debt Level: EMR's net debt to equity ratio (22.1%) is considered satisfactory.

Reducing Debt: EMR's debt to equity ratio has increased from 64.8% to 72.6% over the past 5 years.

Debt Coverage: EMR's debt is well covered by operating cash flow (38.9%).

Interest Coverage: EMR's interest payments on its debt are well covered by EBIT (9x coverage).


Balance Sheet


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Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.35%

Current Dividend Yield

Dividend Yield vs Market

Empresaria Group Dividend Yield vs Market
How does Empresaria Group dividend yield compare to the market?
SegmentDividend Yield
Company (Empresaria Group)2.4%
Market Bottom 25% (GB)2.1%
Market Top 25% (GB)6.3%
Industry Average (Professional Services)2.6%
Analyst forecast in 3 Years (Empresaria Group)2.4%

Notable Dividend: EMR's dividend (2.35%) is higher than the bottom 25% of dividend payers in the UK market (2.12%).

High Dividend: EMR's dividend (2.35%) is low compared to the top 25% of dividend payers in the UK market (6.08%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (20.5%), EMR's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (5.3%), EMR's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

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

2.4yrs

Average management tenure


CEO

Rhona Driggs (56 yo)

3.83yrs

Tenure

UK£413,000

Compensation

Ms. Rhona Driggs has been Chief Executive Officer of Empresaria Group plc since June 27, 2019 and its Director since May 11, 2018. Ms. Driggs was the President, Volt Global Solutions at Volt Information Sc...


CEO Compensation Analysis

Rhona Driggs's Compensation vs Empresaria Group Earnings
How has Rhona Driggs's remuneration changed compared to Empresaria Group's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

UK£3m

Mar 31 2022n/an/a

UK£3m

Dec 31 2021UK£413kUK£304k

UK£2m

Sep 30 2021n/an/a

UK£700k

Jun 30 2021n/an/a

-UK£900k

Mar 31 2021n/an/a

-UK£2m

Dec 31 2020UK£426kUK£329k

-UK£3m

Sep 30 2020n/an/a

-UK£3m

Jun 30 2020n/an/a

-UK£3m

Mar 31 2020n/an/a

-UK£2m

Dec 31 2019UK£425kUK£289k

-UK£800k

Sep 30 2019n/an/a

UK£1m

Jun 30 2019n/an/a

UK£3m

Mar 31 2019n/an/a

UK£4m

Dec 31 2018UK£331kUK£42k

UK£5m

Compensation vs Market: Rhona's total compensation ($USD455.29K) is above average for companies of similar size in the UK market ($USD324.21K).

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


Leadership Team

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


Board Members

Experienced Board: EMR's board of directors are considered experienced (9.2 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

AIM:EMR Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
07 Jun 22BuyUK£13,390Tim AndersonIndividual20,000UK£0.67

Ownership Breakdown

What is the ownership structure of EMR?
Owner TypeNumber of SharesOwnership Percentage
Public Companies128,1570.3%
Employee Share Scheme559,7731.1%
General Public1,913,3743.9%
Private Companies6,217,11112.7%
Institutions19,151,38539.1%
Individual Insiders21,004,59542.9%

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


Top Shareholders

Top 25 shareholders own 94.71% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
28.43%
Anthony Martin
13,924,595£7.1m0%no data
14.09%
Hendrik Van Heijst
6,900,000£3.5m0%no data
11.6%
Close Asset Management Limited
5,680,206£2.9m0%0.04%
9.94%
Modus Selective Investment Management and Advice Ltd.
4,866,500£2.5m0%1.33%
7.44%
Beleggingsclub 'T Stockpaert
3,645,000£1.9m0%no data
4.98%
The Ramsey Partnership Management Company
2,441,000£1.2m0%no data
3.35%
Ophorst van Marwijk Kooy Vermogensbeheer N.V.
1,638,328£835.5k0%1.42%
3.25%
Allianz Asset Management AG
1,590,000£810.9k0%no data
3.18%
Charles Stanley & Co. Ltd, Asset Management Arm
1,556,762£793.9k0%0.01%
2.07%
Barclays Bank PLC, Wealth and Investment Management Division
1,012,525£516.4k0%0.01%
1.14%
Empresaria Group Plc., Employee Stock Ownership Plan
559,773£285.5k0%no data
0.86%
Killik Asset Management
423,476£216.0k0%0.01%
0.5%
A J Bell Holdings Limited, Asset Management Arm
246,296£125.6k0%no data
0.43%
Canaccord Genuity Wealth (International) Limited
211,920£108.1k0%no data
0.42%
HBOS Investment Fund Managers Limited
207,025£105.6k0%no data
0.42%
Acadian Asset Management LLC
204,691£104.4k0%no data
0.39%
Ramsey Crookall & Co Limited, Asset Management Arm
192,000£97.9k0%0.04%
0.35%
Pictet & Cie (Europe) S.A., Asset Management Arm
170,000£86.7k0%no data
0.31%
Capital International Group
153,208£78.1k0%0.08%
0.3%
HSBC Global Asset Management (UK) Limited
148,888£75.9k0%no data
0.27%
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
131,019£66.8k0%no data
0.26%
Lloyds Banking Group plc
128,157£65.4k0%no data
0.25%
ZKB Asset Management
121,990£62.2k0%no data
0.25%
Tim Anderson
120,000£61.2k20%no data
0.23%
Landale Clark Ltd
111,111£56.7k0%no data

Company Information

Empresaria Group plc's employee growth, exchange listings and data sources


Key Information

  • Name: Empresaria Group plc
  • Ticker: EMR
  • Exchange: AIM
  • Founded: 1996
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Implied Market Cap: UK£24.977m
  • Shares outstanding: 48.97m
  • Website: https://www.empresaria.com

Number of Employees


Location

  • Empresaria Group plc
  • Old Church House
  • Sandy Lane
  • Crawley
  • West Sussex
  • RH10 4HS
  • United Kingdom


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EMRAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPAug 1999

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/29 00:00
End of Day Share Price2022/09/29 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.