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
|Historical stock prices|
|Current Share Price||UK£0.075|
|52 Week High||UK£0.14|
|52 Week Low||UK£0.06|
|1 Month Change||3.45%|
|3 Month Change||11.11%|
|1 Year Change||-14.29%|
|3 Year Change||-7.98%|
|5 Year Change||-26.83%|
|Change since IPO||-99.40%|
Recent News & Updates
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...
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...
|PTY||GB Professional Services||GB Market|
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.
|PTY Average Weekly Movement||5.0%|
|Professional Services Industry Average Movement||4.2%|
|Market Average Movement||4.9%|
|10% most volatile stocks in GB Market||9.7%|
|10% least volatile stocks in GB Market||2.6%|
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
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
|PTY fundamental statistics|
Is PTY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PTY income statement (TTM)|
|Cost of Revenue||UK£49.06m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0069|
|Net Profit Margin||-1.31%|
How did PTY perform over the long term?See historical performance and comparison
Is Parity Group undervalued compared to its fair value and its price relative to the market?
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).
How is Parity Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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.
How has Parity Group performed over the past 5 years?
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.
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.
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
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Parity Group has no CEO, or we have no data on them.
Experienced Management: PTY's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: PTY's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Parity Group plc's employee growth, exchange listings and data sources
- 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
- Parity Group plc
- The Ministry
- 2nd Floor
- Greater London
- SE1 1DN
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/29 22:56|
|End of Day Share Price||2021/11/29 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.