AIM:JSG

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Executive Summary

Johnson Service Group PLC, together with its subsidiaries, provides textile rental and related services in the United Kingdom. More Details


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: JSG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: JSG's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

3.2%

JSG

-2.1%

GB Commercial Services

-1.5%

GB Market


1 Year Return

-24.4%

JSG

-12.2%

GB Commercial Services

-10.7%

GB Market

Return vs Industry: JSG underperformed the UK Commercial Services industry which returned -12% over the past year.

Return vs Market: JSG underperformed the UK Market which returned -10% over the past year.


Shareholder returns

JSGIndustryMarket
7 Day3.2%-2.1%-1.5%
30 Day55.8%5.3%12.4%
90 Day31.0%4.2%6.5%
1 Year-24.4%-24.4%-8.4%-12.2%-7.2%-10.7%
3 Year3.5%-0.9%-2.1%-13.5%-0.7%-12.9%
5 Year64.8%51.1%16.2%-7.9%25.2%-3.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

204.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JSG (£1.36) is trading above our estimate of fair value (£1.06)

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


Price To Earnings Ratio

PE vs Industry: JSG is poor value based on its PE Ratio (204.4x) compared to the GB Commercial Services industry average (36.7x).

PE vs Market: JSG is poor value based on its PE Ratio (204.4x) compared to the UK market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: JSG is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: JSG's PB Ratio (2.2x) is in line with the GB Commercial Services industry average.


Next Steps

Future Growth

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

70.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JSG's forecast earnings growth (70.8% per year) is above the savings rate (1.2%).

Earnings vs Market: JSG's earnings (70.8% 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: JSG's revenue (14% per year) is forecast to grow faster than the UK market (6.8% per year).

High Growth Revenue: JSG's revenue (14% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JSG's Return on Equity is forecast to be low in 3 years time (10.8%).


Next Steps

Past Performance

How has Johnson Service Group performed over the past 5 years?

7.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JSG has high quality earnings.

Growing Profit Margin: JSG's current net profit margins (0.8%) are lower than last year (8.3%).


Past Earnings Growth Analysis

Earnings Trend: JSG's earnings have grown by 7.6% per year over the past 5 years.

Accelerating Growth: JSG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: JSG had negative earnings growth (-91%) over the past year, making it difficult to compare to the Commercial Services industry average (-10%).


Return on Equity

High ROE: JSG's Return on Equity (0.9%) is considered low.


Next Steps

Financial Health

How is Johnson Service Group's financial position?


Financial Position Analysis

Short Term Liabilities: JSG's short term assets (£46.8M) do not cover its short term liabilities (£79.1M).

Long Term Liabilities: JSG's short term assets (£46.8M) exceed its long term liabilities (£46.5M).


Debt to Equity History and Analysis

Debt Level: JSG's debt to equity ratio (2.6%) is considered satisfactory.

Reducing Debt: JSG's debt to equity ratio has reduced from 69.7% to 2.6% over the past 5 years.

Debt Coverage: JSG's debt is well covered by operating cash flow (1258.1%).

Interest Coverage: JSG's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


Next Steps

Dividend

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

1.52%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate JSG'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 JSG's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JSG'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?

6.8yrs

Average management tenure


CEO

Peter Egan (48 yo)

1.83yrs

Tenure

UK£822,000

Compensation

Mr. Peter John Egan, MBA, Chief Executive Officer of Johnson Service Group PLC since January 1, 2019, Director since April 1, 2018 and served as Chief Operating Officer since April 1, 2018 January 1, 2019....


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD1.10M) is about average for companies of similar size in the UK market ($USD1.05M).

Compensation vs Earnings: Peter's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Peter Egan
CEO & Director1.83yrsUK£822.00k0.050%
£ 301.6k
Yvonne Monaghan
CFO & Director13.25yrsUK£1.08m0.14%
£ 849.9k
Timothy Morris
Group Financial Controller & Company Secretary6.83yrsno datano data

6.8yrs

Average Tenure

48yo

Average Age

Experienced Management: JSG's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Egan
CEO & Director1.83yrsUK£822.00k0.050%
£ 301.6k
Yvonne Monaghan
CFO & Director13.25yrsUK£1.08m0.14%
£ 849.9k
William Mervyn Frew Shannon
Non-Executive Chairman2.25yrsUK£135.00k0.035%
£ 211.4k
Christopher Girling
Senior Independent Non-Executive Directorno dataUK£58.00k0.0039%
£ 23.6k
Nicholas Gregg
Independent Non-Executive Director4.83yrsUK£52.00k0.0076%
£ 45.8k

3.7yrs

Average Tenure

62yo

Average Age

Experienced Board: JSG's board of directors are considered experienced (3.7 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.1%.


Top Shareholders

Company Information

Johnson Service Group PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Johnson Service Group PLC
  • Ticker: JSG
  • Exchange: AIM
  • Founded: 1953
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: UK£602.046m
  • Shares outstanding: 442.68m
  • Website: https://www.jsg.com

Number of Employees


Location

  • Johnson Service Group PLC
  • Johnson House
  • Abbots Park
  • Preston Brook
  • Cheshire
  • WA7 3GH
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JSVG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 1994
JSGAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJun 1994
5K7DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 1994

Biography

Johnson Service Group PLC, together with its subsidiaries, provides textile rental and related services in the United Kingdom. The company operates in two segments, Workwear; and Hotel, Restaurants and Cat...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/30 19:34
End of Day Share Price2020/11/30 00:00
Earnings2020/06/30
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.