company background image
PTY

Parity GroupAIM:PTY Stock Report

Market Cap

UK£8.0m

7D

0%

1Y

-14.3%

Updated

29 Nov, 2021

Data

Company Financials +
PTY fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

PTY Stock Overview

Parity Group plc, together with its subsidiaries, provides a range of recruitment, and data and technology solutions in the United Kingdom and rest of Europe.

Price History & Performance

Summary of all time highs, changes and price drops for Parity Group
Historical stock prices
Current Share PriceUK£0.075
52 Week HighUK£0.14
52 Week LowUK£0.06
Beta1.4
1 Month Change3.45%
3 Month Change11.11%
1 Year Change-14.29%
3 Year Change-7.98%
5 Year Change-26.83%
Change since IPO-99.40%

Recent News & Updates

Oct 14
Is Parity Group (LON:PTY) Using Too Much Debt?

Is Parity Group (LON:PTY) 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...

Jun 07
We Think Parity Group (LON:PTY) Can Stay On Top Of Its Debt

We Think Parity Group (LON:PTY) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

PTYGB Professional ServicesGB Market
7D0%-0.5%-1.9%
1Y-14.3%26.9%13.8%

Return vs Industry: PTY underperformed the UK Professional Services industry which returned 26.3% over the past year.

Return vs Market: PTY underperformed the UK Market which returned 11.6% over the past year.

Price Volatility

Is PTY's price volatile compared to industry and market?
PTY volatility
PTY Average Weekly Movement5.0%
Professional Services Industry Average Movement4.2%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.7%
10% least volatile stocks in GB Market2.6%

Stable Share Price: PTY is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: PTY's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199341n/ahttps://www.parity.net

Parity Group plc, together with its subsidiaries, provides a range of recruitment, and data and technology solutions in the United Kingdom and rest of Europe. The company operates through two segments, Recruitment and Consultancy. The Recruitment segment provides interim recruitment and graduate placement services to various clients.

Parity Group Fundamentals Summary

How do Parity Group's earnings and revenue compare to its market cap?
PTY fundamental statistics
Market CapUK£7.99m
Earnings (TTM)-UK£707.00k
Revenue (TTM)UK£53.88m

0.1x

P/S Ratio

-10.9x

P/E Ratio

Valuation

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

1.09x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PTY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PTY's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PTY is unprofitable, so we can't compare its PE Ratio to the UK Professional Services industry average.

PE vs Market: PTY is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PTY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PTY is good value based on its PB Ratio (1.1x) compared to the GB Professional Services industry average (2.9x).


Future Growth

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

13.1%

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 Parity Group 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.


Past Performance

How has Parity Group performed over the past 5 years?

-33.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTY is currently unprofitable.

Growing Profit Margin: PTY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PTY is unprofitable, and losses have increased over the past 5 years at a rate of 33.1% per year.

Accelerating Growth: Unable to compare PTY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PTY is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (8.7%).


Return on Equity

High ROE: PTY has a negative Return on Equity (-9.96%), as it is currently unprofitable.


Financial Health

How is Parity Group's financial position?


Financial Position Analysis

Short Term Liabilities: PTY's short term assets (£8.6M) exceed its short term liabilities (£7.9M).

Long Term Liabilities: PTY's short term assets (£8.6M) exceed its long term liabilities (£120.0K).


Debt to Equity History and Analysis

Debt Level: PTY's net debt to equity ratio (15.7%) is considered satisfactory.

Reducing Debt: PTY's debt to equity ratio has reduced from 178.8% to 28.4% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PTY has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PTY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.9% each year


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

1.4yrs

Average management tenure


CEO

Parity Group has no CEO, or we have no data on them.


Leadership Team

Experienced Management: PTY's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: PTY's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


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.


Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Parity Group plc
  • Ticker: PTY
  • Exchange: AIM
  • Founded: 1993
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: UK£7.988m
  • Shares outstanding: 103.08m
  • Website: https://www.parity.net

Number of Employees


Location

  • Parity Group plc
  • The Ministry
  • 2nd Floor
  • London
  • Greater London
  • SE1 1DN
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/29 22:56
End of Day Share Price2021/11/29 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.