Prime People Plc, together with its subsidiaries, provides permanent and contract recruitment services in the United Kingdom, Asia, and internationally.
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has Prime People's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PRP's share price has been volatile over the past 3 months.
7 Day Return
GB Professional Services
1 Year Return
GB Professional Services
Return vs Industry: PRP underperformed the UK Professional Services industry which returned 2.3% over the past year.
Return vs Market: PRP underperformed the UK Market which returned -23% over the past year.
Price Volatility Vs. Market
How volatile is Prime People's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StA Sliding Share Price Has Us Looking At Prime People Plc's (LON:PRP) P/E Ratio
3 weeks ago | Simply Wall StWhat Is Prime People's (LON:PRP) P/E Ratio After Its Share Price Tanked?
4 weeks ago | Simply Wall StThe Prime People (LON:PRP) Share Price Is Down 38% So Some Shareholders Are Getting Worried
Is Prime People undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PRP (£0.46) is trading below our estimate of fair value (£2.95)
Significantly Below Fair Value: PRP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PRP is good value based on its PE Ratio (3.7x) compared to the Professional Services industry average (15.5x).
PE vs Market: PRP is good value based on its PE Ratio (3.7x) compared to the UK market (12.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PRP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PRP is good value based on its PB Ratio (0.4x) compared to the GB Professional Services industry average (2.1x).
How is Prime People forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Prime People has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Prime People is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Prime People competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has Prime People performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRP has high quality earnings.
Growing Profit Margin: PRP's current net profit margins (6%) are lower than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: PRP's earnings have grown by 4.5% per year over the past 5 years.
Accelerating Growth: PRP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PRP had negative earnings growth (-16.5%) over the past year, making it difficult to compare to the Professional Services industry average (12%).
Return on Equity
High ROE: PRP's Return on Equity (13.3%) is considered low.
How is Prime People's financial position?
Financial Position Analysis
Short Term Liabilities: PRP's short term assets (£8.1M) exceed its short term liabilities (£3.5M).
Long Term Liabilities: PRP's short term assets (£8.1M) exceed its long term liabilities (£1.1M).
Debt to Equity History and Analysis
Debt Level: PRP is debt free.
Reducing Debt: PRP had no debt 5 years ago.
Debt Coverage: PRP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PRP has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: PRP has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if PRP's debt is covered by short term assets.
What is Prime People's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PRP's dividend (11.4%) is higher than the bottom 25% of dividend payers in the UK market (2.69%).
High Dividend: PRP's dividend (11.4%) is in the top 25% of dividend payers in the UK market (7.48%)
Stability and Growth of Payments
Stable Dividend: PRP's dividend payments have been volatile in the past 10 years.
Growing Dividend: PRP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.4%), PRP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Peter Moore (49yo)
Mr. Peter H. Moore, MRICS has been Managing Director of Prime People Plc since January 3, 2006. Mr. Moore served as Managing Director of Prime People Plc since December 2005. Mr. Moore worked with Strutt & ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD287.63K) is about average for companies of similar size in the UK market ($USD335.89K).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
|Executive Chairman||14.17yrs||UK£149.97k||22.7% £1.3m|
|MD & Executive Director||14.17yrs||UK£231.03k||23.63% £1.3m|
|Finance Director||4.42yrs||UK£88.08k||0.14% £8.0k|
|Non Executive Director||14.17yrs||UK£25.84k||8.9% £499.2k|
|Non Executive Director||4.42yrs||UK£41.45k||0.20% £10.9k|
Experienced Board: PRP's board of directors are considered experienced (9.3 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.5%.
Prime People Plc's company bio, employee growth, exchange listings and data sources
- Name: Prime People Plc
- Ticker: PRP
- Exchange: AIM
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: UK£5.612m
- Shares outstanding: 12.31m
- Website: https://www.prime-people.co.uk
Number of Employees
- Prime People Plc
- 2 Harewood Place
- Hanover Square
- Greater London
- W1S 1BX
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PRP||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||May 2005|
Prime People Plc, together with its subsidiaries, provides permanent and contract recruitment services in the United Kingdom, Asia, and internationally. It offers professional recruitment consultancy for the real estate and built environment sectors under the Macdonald & Company brand; and professional recruitment consultancy for the energy, renewables, and environmental sectors under the Prime Energy brand. The company also provides professional recruitment consultancy for the insights, data analytics, and market research sectors under the Prime Insight brand; and recruitment consultancy for the construction and engineering, infrastructure, design and development, real estate, and professional services under the Command Recruitment brand. The company is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 22:15|
|End of Day Share Price||2020/03/31 00:00|
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.