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Market Cap

UK£238.3m

Last Updated

2021/09/16 04:52 UTC

Data Sources

Company Financials +

Executive Summary

Keystone Law Group plc provides legal services in the United Kingdom. More Details


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

-2.7%

KEYS

0.2%

GB Professional Services

-0.4%

GB Market


1 Year Return

59.6%

KEYS

14.1%

GB Professional Services

19.2%

GB Market

Return vs Industry: KEYS exceeded the UK Professional Services industry which returned 16% over the past year.

Return vs Market: KEYS exceeded the UK Market which returned 18.7% over the past year.


Shareholder returns

KEYSIndustryMarket
7 Day-2.7%0.2%-0.4%
30 Day3.0%2.3%-1.7%
90 Day19.1%12.4%1.0%
1 Year64.5%59.6%16.2%14.1%24.1%19.2%
3 Year147.9%130.9%46.5%37.3%17.4%4.3%
5 Yearn/a82.0%63.0%36.0%11.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

55.05x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KEYS (£7.62) is trading above our estimate of fair value (£4.01)

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


Price To Earnings Ratio

PE vs Industry: KEYS is poor value based on its PE Ratio (55x) compared to the UK Professional Services industry average (32.8x).

PE vs Market: KEYS is poor value based on its PE Ratio (55x) compared to the UK market (23x).


Price to Earnings Growth Ratio

PEG Ratio: KEYS is poor value based on its PEG Ratio (4.3x)


Price to Book Ratio

PB vs Industry: KEYS is overvalued based on its PB Ratio (14.4x) compared to the GB Professional Services industry average (3.1x).


Future Growth

How is Keystone Law Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

12.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KEYS's forecast earnings growth (12.9% per year) is above the savings rate (0.9%).

Earnings vs Market: KEYS's earnings (12.9% per year) are forecast to grow slower than the UK market (13.2% per year).

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

Revenue vs Market: KEYS's revenue (11.5% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: KEYS's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KEYS's Return on Equity is forecast to be high in 3 years time (31%)


Past Performance

How has Keystone Law Group performed over the past 5 years?

32.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KEYS has high quality earnings.

Growing Profit Margin: KEYS's current net profit margins (7.9%) are lower than last year (8.4%).


Past Earnings Growth Analysis

Earnings Trend: KEYS's earnings have grown significantly by 32.8% per year over the past 5 years.

Accelerating Growth: KEYS's earnings growth over the past year (4.1%) is below its 5-year average (32.8% per year).

Earnings vs Industry: KEYS earnings growth over the past year (4.1%) exceeded the Professional Services industry 2.4%.


Return on Equity

High ROE: KEYS's Return on Equity (26.1%) is considered high.


Financial Health

How is Keystone Law Group's financial position?


Financial Position Analysis

Short Term Liabilities: KEYS's short term assets (£25.5M) exceed its short term liabilities (£15.4M).

Long Term Liabilities: KEYS's short term assets (£25.5M) exceed its long term liabilities (£1.3M).


Debt to Equity History and Analysis

Debt Level: KEYS is debt free.

Reducing Debt: KEYS has no debt compared to 5 years ago when its debt to equity ratio was 1318.8%.

Debt Coverage: KEYS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: KEYS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

1.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KEYS's dividend (1.82%) is higher than the bottom 25% of dividend payers in the UK market (1.3%).

High Dividend: KEYS's dividend (1.82%) is low compared to the top 25% of dividend payers in the UK market (3.91%).


Stability and Growth of Payments

Stable Dividend: KEYS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: KEYS's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (100.4%), KEYS's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: KEYS's dividends in 3 years are forecast to be covered by earnings (66% payout ratio).


Next Steps

Management

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

2.4yrs

Average management tenure


CEO

James Knight (54 yo)

no data

Tenure

UK£324,000

Compensation

Mr. James David Knight Founded Keystone Law Group Plc in 2002 and has been Chief Executive Officer. Mr. Knight has been Executive Director at Keystone Law Group Plc since October 17, 2014. He has a 10 year...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD448.44K) is below average for companies of similar size in the UK market ($USD718.43K).

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


Leadership Team

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


Board Members

Experienced Board: KEYS's board of directors are considered experienced (3.9 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

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


Key Information

  • Name: Keystone Law Group plc
  • Ticker: KEYS
  • Exchange: AIM
  • Founded: 2002
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: UK£238.307m
  • Shares outstanding: 31.27m
  • Website: https://www.keystonelaw.co.uk

Number of Employees


Location

  • Keystone Law Group plc
  • 48 Chancery Lane
  • London
  • Greater London
  • WC2A 1JF
  • United Kingdom

Listings


Biography

Keystone Law Group plc provides legal services in the United Kingdom. The company offers its legal services in the areas of banking and finance, commercial, commercial property, construction and projects,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 04:52
End of Day Share Price2021/09/15 00:00
Earnings2021/01/31
Annual Earnings2021/01/31


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.