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Premier Technical Services Group

AIM:PTSG
Snowflake Description

Reasonable growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PTSG
AIM
£91M
Market Cap
  1. Home
  2. GB
  3. Commercial Services
Company description

Premier Technical Services Group Plc maintains, inspects, tests, repairs, and installs permanent façade access equipment, fall arrest and lightning protection systems, electrical services, testing services, and level cleaning and fire solutions in the United Kingdom. The last earnings update was 59 days ago. More info.


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  • Premier Technical Services Group has significant price volatility in the past 3 months.
PTSG Share Price and Events
7 Day Returns
-1.3%
AIM:PTSG
-1.9%
GB Commercial Services
-1.3%
GB Market
1 Year Returns
-56.2%
AIM:PTSG
-4.4%
GB Commercial Services
-5.9%
GB Market
PTSG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Premier Technical Services Group (PTSG) -1.3% -3.9% -42.6% -56.2% -12.9% -
GB Commercial Services -1.9% -2% 9% -4.4% 13% -8.1%
GB Market -1.3% -3.3% 0.8% -5.9% 12.6% 0.4%
1 Year Return vs Industry and Market
  • PTSG underperformed the Commercial Services industry which returned -4.4% over the past year.
  • PTSG underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5.9% over the past year.
Price Volatility
PTSG
Industry
5yr Volatility vs Market

PTSG Value

 Is Premier Technical Services Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Premier Technical Services Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Premier Technical Services Group.

AIM:PTSG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.4%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:PTSG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.718 (1 + (1- 19%) (30.21%))
0.929
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.93
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.929 * 6.65%)
7.4%

Discounted Cash Flow Calculation for AIM:PTSG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Premier Technical Services Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

AIM:PTSG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 7.4%)
2019 2.30 Est @ 51.2% 2.14
2020 3.13 Est @ 36.21% 2.71
2021 3.93 Est @ 25.71% 3.17
2022 4.65 Est @ 18.37% 3.50
2023 5.27 Est @ 13.23% 3.69
2024 5.78 Est @ 9.63% 3.76
2025 6.19 Est @ 7.11% 3.75
2026 6.52 Est @ 5.34% 3.68
2027 6.78 Est @ 4.11% 3.57
2028 7.00 Est @ 3.24% 3.43
Present value of next 10 years cash flows £33.39
AIM:PTSG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £7.00 × (1 + 1.23%) ÷ (7.4% – 1.23%)
£114.78
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £114.78 ÷ (1 + 7.4%)10
£56.19
AIM:PTSG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £33.39 + £56.19
£89.59
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £89.59 / 123.19
£0.73
AIM:PTSG Discount to Share Price
Calculation Result
Value per share (GBP) From above. £0.73
Current discount Discount to share price of £0.74
= -1 x (£0.74 - £0.73) / £0.73
-1.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Premier Technical Services Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Premier Technical Services Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Premier Technical Services Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:PTSG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £0.03
AIM:PTSG Share Price ** AIM (2019-05-24) in GBP £0.74
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry PE Ratio Median Figure of 28 Publicly-Listed Commercial Services Companies 20.34x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 789 Publicly-Listed Companies 16.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Premier Technical Services Group.

AIM:PTSG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:PTSG Share Price ÷ EPS (both in GBP)

= 0.74 ÷ 0.03

26.76x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Premier Technical Services Group is overvalued based on earnings compared to the GB Commercial Services industry average.
  • Premier Technical Services Group is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Premier Technical Services Group's expected growth come at a high price?
Raw Data
AIM:PTSG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 26.76x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
37.5%per year
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry PEG Ratio Median Figure of 19 Publicly-Listed Commercial Services Companies 1.39x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 574 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

AIM:PTSG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 26.76x ÷ 37.5%

0.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Premier Technical Services Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Premier Technical Services Group's assets?
Raw Data
AIM:PTSG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £0.45
AIM:PTSG Share Price * AIM (2019-05-24) in GBP £0.74
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry PB Ratio Median Figure of 37 Publicly-Listed Commercial Services Companies 1.68x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,369 Publicly-Listed Companies 1.48x
AIM:PTSG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:PTSG Share Price ÷ Book Value per Share (both in GBP)

= 0.74 ÷ 0.45

1.63x

* Primary Listing of Premier Technical Services Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Premier Technical Services Group is good value based on assets compared to the GB Commercial Services industry average.
X
Value checks
We assess Premier Technical Services Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Premier Technical Services Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PTSG Future Performance

 How is Premier Technical Services Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
37.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Premier Technical Services Group expected to grow at an attractive rate?
  • Premier Technical Services Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Premier Technical Services Group's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Premier Technical Services Group's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:PTSG Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:PTSG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 37.5%
AIM:PTSG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 19.3%
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 29.9%
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.8%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:PTSG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:PTSG Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 146 15 1
2020-12-31 136 21 12 2
2019-12-31 125 17 10 2
AIM:PTSG Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 69 3 3
2018-09-30 65 4 2
2018-06-30 61 4 1
2018-03-31 57 1 1
2017-12-31 53 -2 1
2017-09-30 48 0 2
2017-06-30 43 1 2
2017-03-31 41 0 2
2016-12-31 39 -1 2
2016-09-30 36 -1 2
2016-06-30 33 -2 2
2016-03-31 29 -2 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Premier Technical Services Group's earnings are expected to grow significantly at over 20% yearly.
  • Premier Technical Services Group's revenue is expected to grow by 19.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:PTSG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Premier Technical Services Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:PTSG Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.12 0.12 0.12 1.00
2020-12-31 0.10 0.10 0.10 1.00
2019-12-31 0.08 0.08 0.08 1.00
AIM:PTSG Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 0.03
2018-09-30 0.02
2018-06-30 0.01
2018-03-31 0.01
2017-12-31 0.01
2017-09-30 0.02
2017-06-30 0.02
2017-03-31 0.02
2016-12-31 0.03
2016-09-30 0.02
2016-06-30 0.02
2016-03-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Premier Technical Services Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Premier Technical Services Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Premier Technical Services Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PTSG Past Performance

  How has Premier Technical Services Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Premier Technical Services Group's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Premier Technical Services Group's year on year earnings growth rate has been positive over the past 5 years.
  • Premier Technical Services Group's 1-year earnings growth exceeds its 5-year average (129.2% vs 16.3%)
  • Premier Technical Services Group's earnings growth has exceeded the GB Commercial Services industry average in the past year (129.2% vs 23.8%).
Earnings and Revenue History
Premier Technical Services Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Premier Technical Services Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:PTSG Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 69.10 3.05 23.11
2018-09-30 65.16 2.23 21.36
2018-06-30 61.22 1.42 19.61
2018-03-31 57.08 1.37 18.37
2017-12-31 52.94 1.33 17.13
2017-09-30 47.79 1.58 15.99
2017-06-30 42.63 1.82 14.84
2017-03-31 40.91 2.06 14.07
2016-12-31 39.19 2.30 13.29
2016-09-30 35.85 2.03 11.85
2016-06-30 32.50 1.76 10.42
2016-03-31 29.14 1.12 9.81
2015-12-31 25.77 0.49 9.20
2015-09-30 23.56 0.02 8.94
2015-06-30 21.34 -0.44 8.69
2015-03-31 19.67 0.04 7.56
2014-12-31 18.00 0.53 6.44
2014-09-30 16.62 1.17 6.13
2014-06-30 15.24 1.81 5.82
2014-03-31 14.57 1.85 5.61
2013-12-31 13.89 1.90 5.41
2012-12-31 12.07 2.19 4.45

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Premier Technical Services Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Premier Technical Services Group used its assets less efficiently than the GB Commercial Services industry average last year based on Return on Assets.
  • Premier Technical Services Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Premier Technical Services Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Premier Technical Services Group has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PTSG Health

 How is Premier Technical Services Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Premier Technical Services Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Premier Technical Services Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Premier Technical Services Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Premier Technical Services Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Premier Technical Services Group Company Filings, last reported 4 months ago.

AIM:PTSG Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 55.80 27.54 10.53
2018-09-30 55.80 27.54 10.53
2018-06-30 34.95 30.14 13.85
2018-03-31 34.95 30.14 13.85
2017-12-31 32.44 29.20 7.00
2017-09-30 32.44 29.20 7.00
2017-06-30 14.16 24.31 8.04
2017-03-31 14.16 24.31 8.04
2016-12-31 12.04 22.70 6.54
2016-09-30 12.04 22.70 6.54
2016-06-30 10.98 12.48 1.11
2016-03-31 10.98 12.48 1.11
2015-12-31 8.92 15.00 4.84
2015-09-30 8.92 15.00 4.84
2015-06-30 6.69 4.10 1.63
2015-03-31 6.69 4.10 1.63
2014-12-31 1.12 5.84
2014-09-30 1.12 5.84
2014-06-30 2.03 5.76
2014-03-31 2.03 5.76
2013-12-31 1.21 5.72 0.37
2012-12-31 4.11 0.57 0.64
  • Premier Technical Services Group's level of debt (49.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (467.7% vs 49.4% today).
  • Debt is not well covered by operating cash flow (10.8%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 20.7x coverage).
X
Financial health checks
We assess Premier Technical Services Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Premier Technical Services Group has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PTSG Dividends

 What is Premier Technical Services Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.43%
Current annual income from Premier Technical Services Group dividends. Estimated to be 2.76% next year.
If you bought £2,000 of Premier Technical Services Group shares you are expected to receive £49 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Premier Technical Services Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.03%).
  • Premier Technical Services Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.33%).
Upcoming dividend payment

Purchase Premier Technical Services Group before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:PTSG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 3%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:PTSG Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.02 1.00
2020-12-31 0.02 2.00
2019-12-31 0.02 2.00
AIM:PTSG Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-04-01 0.018 2.226
2018-09-25 0.018 1.270
2018-07-16 0.018 0.969
2018-03-21 0.016 0.888
2017-09-26 0.016 0.849
2017-07-17 0.016 1.019
2017-03-28 0.014 1.162
2016-09-27 0.014 1.673
2016-06-27 0.011 1.402
2016-03-15 0.011 1.262
2015-09-29 0.009 1.024

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Premier Technical Services Group has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Premier Technical Services Group only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Premier Technical Services Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (7.9x coverage).
X
Income/ dividend checks
We assess Premier Technical Services Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Premier Technical Services Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Premier Technical Services Group has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PTSG Management

 What is the CEO of Premier Technical Services Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Paul Teasdale
COMPENSATION £125,000
CEO Bio

Mr. Paul Teasdale serves as the Chief Executive Officer and Director at Premier Technical Services Group Ltd. Mr. Teasdale is a co-founder of the Premier Group and has significant experience and expertise in the access and safety sector, having founded TASS Europe Limited (“TASS”), whose activities included the installation, repair and maintenance of safety eyebolt systems, cradle and safety ladder tie systems, in 1999. Mr. Teasdale joined MacLellan as managing director of TASS.

CEO Compensation
  • Paul's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Paul's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Premier Technical Services Group management team in years:

4.6
Average Tenure
  • The tenure for the Premier Technical Services Group management team is about average.
Management Team

Paul Teasdale

TITLE
CEO & Director
COMPENSATION
£125K

Mark Watford

TITLE
Finance Director & Director
COMPENSATION
£167K
TENURE
4.7 yrs

Roger Teasdale

TITLE
MD & Director
COMPENSATION
£417K
AGE
51
TENURE
4.5 yrs

Helen Aukland

TITLE
Group HR Director
TENURE
3.3 yrs

Adam Coates

TITLE
Corporate Secretary
TENURE
9.3 yrs
Board of Directors Tenure

Average tenure and age of the Premier Technical Services Group board of directors in years:

4.4
Average Tenure
62
Average Age
  • The tenure for the Premier Technical Services Group board of directors is about average.
Board of Directors

John Foley

TITLE
Chairman of the Board
COMPENSATION
£102K
AGE
63

Paul Teasdale

TITLE
CEO & Director
COMPENSATION
£125K

Mark Watford

TITLE
Finance Director & Director
COMPENSATION
£167K
TENURE
4.7 yrs

Roger Teasdale

TITLE
MD & Director
COMPENSATION
£417K
AGE
51
TENURE
4.5 yrs

Adam Coates

TITLE
Corporate Secretary

Alan Howarth

TITLE
Non-Executive Director
COMPENSATION
£30K
AGE
72
TENURE
4.3 yrs

Michael Higgins

TITLE
Non-Executive Director
COMPENSATION
£29K
AGE
61
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
21. Jun 18 Sell Roger Teasdale Individual 18. Jun 18 18. Jun 18 -2,482,389 £1.73 £-4,282,121
X
Management checks
We assess Premier Technical Services Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Premier Technical Services Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PTSG News

Simply Wall St News

Based On Its ROE, Is Premier Technical Services Group Plc (LON:PTSG) A High Quality Stock?

To keep the lesson grounded in practicality, we'll use ROE to better understand Premier Technical Services Group Plc (LON:PTSG). … Premier Technical Services Group has a ROE of 4.1%, based on the last twelve months. … See our latest analysis for Premier Technical Services Group?

Simply Wall St -

Premier Technical Services Group Plc (LON:PTSG): Time For A Financial Health Check

However, an important fact which most ignore is: how financially healthy is the business? … So, understanding the company's financial health becomes. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

Premier Technical Services Group Plc (LON:PTSG): Can It Deliver A Superior ROE To The Industry?

and want a simplistic look at the return on Premier Technical Services Group Plc (LON:PTSG) stock. … Premier Technical Services Group Plc’s (LON:PTSG) most recent return on equity was a substandard 4.10% relative to its industry performance of 11.60% over the past year. … Though PTSG's recent performance is underwhelming, it is useful to understand what ROE is made up of and how it should be interpreted.

Simply Wall St -

Have Investors Priced In Premier Technical Services Group plc's (LON:PTSG) Growth?

Premier Technical Services Group plc (LON:PTSG), a commercial services company based in United Kingdom,. … What's the opportunity in Premier Technical Services Group … 10.90% below my intrinsic value, which means if you buy Premier Technical Services Group today, you’d be paying a

Simply Wall St -

Should You Buy Premier Technical Services Group plc (LON:PTSG) Now?

Premier Technical Services Group plc (AIM:PTSG), a commercial services company based in United Kingdom, saw a double-digit share price rise of over 10% in the past couple of months on the AIM. … According to my valuation model, Premier Technical Services Group seems to be fairly priced at around 2.92% below my intrinsic value, which means if you buy Premier Technical Services Group today, you’d be paying a fair price for it. … Furthermore, it seems like Premier Technical Services Group’s share price is quite stable, which means there may be less chances to buy low in the future now that it’s fairly valued.

Simply Wall St -

Where Premier Technical Services Group plc (LON:PTSG) Stands In Terms Of Earnings Growth Against Its Industry

View our latest analysis for Premier Technical Services Group How Did PTSG's Recent Performance Stack Up Against Its Past? … Since these figures may be fairly myopic, I have determined an annualized five-year figure for PTSG's net income, which stands at UK£1.25M This means that, on average, Premier Technical Services Group has been able to increasingly improve its profits over the last few years as well. … This means that whatever uplift the industry is enjoying, Premier Technical Services Group has not been able to reap as much as its industry peers.What does this mean?

Simply Wall St -

Does Premier Technical Services Group plc's (LON:PTSG) PE Ratio Warrant A Sell?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for PTSG Price per share = £1.9 Earnings per share = £0.021 ∴ Price-Earnings Ratio = £1.9 ÷ £0.021 = 92.7x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … For example, if you inadvertently compared riskier firms with PTSG, then investors would naturally value PTSG at a higher price since it is a less risky investment. … Similarly, if you accidentally compared lower growth firms with PTSG, investors would also value PTSG at a higher price since it is a higher growth investment.

Simply Wall St -

Top Growth Stocks To Buy

BRY’s projected future profit growth is an exceptional triple-digit, with an underlying 12.00% growth from its revenues expected over the upcoming years. … GMR’s projected future profit growth is an exceptional triple-digit, with an underlying 28.28% growth from its revenues expected over the upcoming years. … AIM:GMR Future Profit Jan 11th 18 For more financially robust companies with high growth potential to enhance your portfolio, use our free platform to explore our interactive list of these stocks.

Simply Wall St -

Best AIM Growth Companies

Furthermore, the high growth of over 100% in operating cash flows indicates that a large portion of this earnings increase is high-quality, day-to-day cash generated by the business, rather than one-offs. … Moreover, the substantial growth of over 100% in operating cash flows shows that a decent part of earnings is driven by robust cash generation from operational activities, not one-off or non-core activities. … AIM:GMR Future Profit Dec 11th 17 For more financially robust companies with high growth potential to enhance your portfolio, use our free platform to explore our interactive list of these stocks.

Simply Wall St -

Is Premier Technical Services Group plc's (AIM:PTSG) Growth Strong Enough To Justify Its November Share Price?

Premier Technical Services Group is poised for extremely high earnings growth in the near future. … The stock is trading at a lofty price-to-earnings (PE) ratio of 96.31x, telling us that Premier Technical Services Group is overvalued based on current earnings compared to the commercial services and supplies industry average of 20.83x , and overvalued compared to the GB market average ratio of 18.71x. … So when we include the growth factor in our analysis Premier Technical Services Group appears slightly overvalued , based on the fundamentals.

Simply Wall St -

PTSG Company Info

Description

Premier Technical Services Group Plc maintains, inspects, tests, repairs, and installs permanent façade access equipment, fall arrest and lightning protection systems, electrical services, testing services, and level cleaning and fire solutions in the United Kingdom. It operates through four segments: Access and Safety, Electrical Services, Building Access Specialists, and Fire Solutions. The company offers safety testing products, such as mansafe systems, rail systems, mobile man anchors, ladders and walkways, anchor devices, collective protection systems, rope access and abseil points, and Christmas decoration fixings, as well as testing and maintenance services for safety equipment in wind turbines. It also provides horizontal safety systems, walkways, ladders and step units, fall proof covers, inclined and vertical systems, demarcation systems, eyebolts, building maintenance units, roof trolleys, cradles and Bosun’s chairs, MEWPs, travelling ladders and gantries, lifting equipment, self-hoisting platforms, davits, roof trolleys, rope access systems, gantries and ladders, monorails, and bespoke building maintenance units, as well as personal protective equipment, such as harnesses, lanyards, and travelling devices. In addition, the company offers lightning and surge protection, portable appliance testing, and fixed wire testing services; dry risers, fire alarms and extinguishers, and sprinkler systems; and steeplejack, installations, reparation, and cleaning solutions for buildings. Premier Technical Services Group PLC was incorporated in 2006 and is headquartered in Castleford, the United Kingdom.

Details
Name: Premier Technical Services Group Plc
PTSG
Exchange: AIM
Founded: 2006
£91,158,337
123,186,942
Website: http://www.ptsg.co.uk
Address: Premier Technical Services Group Plc
11–14 Flemming Court,
Whistler Drive,
Castleford,
West Yorkshire, WF10 5HW,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM PTSG Ordinary Shares London Stock Exchange AIM Market GB GBP 11. Feb 2015
Number of employees
Current staff
Staff numbers
850
Premier Technical Services Group employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 22:06
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/04/11
Last earnings filing: 2019/03/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.