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Science Group

AIM:SAG
Snowflake Description

Flawless balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SAG
AIM
£82M
Market Cap
  1. Home
  2. GB
  3. Commercial Services
Company description

Science Group plc, together with its subsidiaries, offers science and technology-based consultancy services in the United Kingdom, North America, Europe, and internationally. The last earnings update was 91 days ago. More info.


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SAG Share Price and Events
7 Day Returns
0.5%
AIM:SAG
0.2%
GB Professional Services
-0%
GB Market
1 Year Returns
-14.5%
AIM:SAG
9.1%
GB Professional Services
-1.7%
GB Market
SAG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Science Group (SAG) 0.5% 1% -1% -14.5% 45.5% 56.9%
GB Professional Services 0.2% -0.2% 8.9% 9.1% 44.5% 95.4%
GB Market -0% 1.4% -0.4% -1.7% 11.3% 6.7%
1 Year Return vs Industry and Market
  • SAG underperformed the Professional Services industry which returned 9.1% over the past year.
  • SAG underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -1.7% over the past year.
Price Volatility
SAG
Industry
5yr Volatility vs Market

Value

 Is Science 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 Science 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 Science Group.

AIM:SAG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.7%
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:SAG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.85
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.851 (1 + (1- 19%) (15.5%))
0.971
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.971 * 6.65%)
7.69%

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

The calculations below outline how an intrinsic value for Science 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:SAG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 7.69%)
2020 3.06 Est @ -29.69% 2.84
2021 2.44 Est @ -20.41% 2.10
2022 2.10 Est @ -13.92% 1.68
2023 1.90 Est @ -9.38% 1.41
2024 1.78 Est @ -6.2% 1.23
2025 1.71 Est @ -3.97% 1.10
2026 1.67 Est @ -2.41% 1.00
2027 1.65 Est @ -1.32% 0.91
2028 1.64 Est @ -0.56% 0.84
2029 1.64 Est @ -0.02% 0.78
Present value of next 10 years cash flows £13.90
AIM:SAG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £1.64 × (1 + 1.23%) ÷ (7.69% – 1.23%)
£25.69
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £25.69 ÷ (1 + 7.69%)10
£12.25
AIM:SAG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £13.90 + £12.25
£26.15
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £26.15 / 41.13
£0.64
AIM:SAG Discount to Share Price
Calculation Result
Value per share (GBP) From above. £0.64
Current discount Discount to share price of £2.00
= -1 x (£2.00 - £0.64) / £0.64
-214.5%

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

  • The current share price of Science 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 Science Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Science Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:SAG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £0.11
AIM:SAG Share Price ** AIM (2019-07-23) in GBP £2
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PE Ratio Median Figure of 32 Publicly-Listed Professional Services Companies 19.54x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 792 Publicly-Listed Companies 16.27x

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

** Primary Listing of Science Group.

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

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

= 2 ÷ 0.11

18.61x

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

  • Science Group is good value based on earnings compared to the GB Professional Services industry average.
  • Science Group is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Science Group's expected growth come at a high price?
Raw Data
AIM:SAG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Professional Services Companies 1.51x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 571 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Science Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Science Group's assets?
Raw Data
AIM:SAG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £1.02
AIM:SAG Share Price * AIM (2019-07-23) in GBP £2
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PB Ratio Median Figure of 44 Publicly-Listed Professional Services Companies 2.42x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,377 Publicly-Listed Companies 1.51x
AIM:SAG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 2 ÷ 1.02

1.96x

* Primary Listing of Science Group.

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

  • Science Group is good value based on assets compared to the GB Professional Services industry average.
X
Value checks
We assess Science 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 Professional 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 Professional Services industry average (and greater than 0)? (1 check)
  5. Science 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.

Future Performance

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

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
4.6%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Science Group expected to grow at an attractive rate?
  • Unable to compare Science Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Science Group's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Science Group's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:SAG Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:SAG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 4.6%
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 10.2%
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.7%

*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:SAG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:SAG Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 56 7 1
2020-12-31 54 7 1
2019-12-31 52 7 1
AIM:SAG Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 49 6 4
2018-09-30 48 6 4
2018-06-30 48 7 3
2018-03-31 44 8 3
2017-12-31 41 8 3
2017-09-30 39 9 3
2017-06-30 37 9 4
2017-03-31 37 10 3
2016-12-31 37 12 3
2016-09-30 36 9 3
2016-06-30 35 7 2
2016-03-31 33 6 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Science Group is high growth as no earnings estimate data is available.
  • Science Group's revenue is expected to grow by 4.6% 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:SAG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Science Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:SAG Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
AIM:SAG Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 0.11
2018-09-30 0.10
2018-06-30 0.09
2018-03-31 0.08
2017-12-31 0.08
2017-09-30 0.09
2017-06-30 0.09
2017-03-31 0.08
2016-12-31 0.07
2016-09-30 0.06
2016-06-30 0.06
2016-03-31 0.06

*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 Science Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Science 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.
Science Group has a total score of 0/6, 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.

Past Performance

  How has Science 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 Science Group's growth in the last year to its industry (Professional 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.
  • Science Group's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Science Group's 1-year earnings growth exceeds its 5-year average (42% vs -1.4%)
  • Science Group's earnings growth has exceeded the GB Professional Services industry average in the past year (42% vs 12.2%).
Earnings and Revenue History
Science 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 Science Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:SAG 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 48.67 4.29
2018-09-30 48.30 3.84 0.05
2018-06-30 47.94 3.40 0.10
2018-03-31 44.38 3.21 0.05
2017-12-31 40.82 3.02
2017-09-30 39.02 3.39 -0.03
2017-06-30 37.23 3.76 -0.05
2017-03-31 37.06 3.25 -0.03
2016-12-31 36.90 2.75
2016-09-30 35.86 2.52 -0.01
2016-06-30 34.82 2.29 -0.02
2016-03-31 33.02 2.55 -0.01
2015-12-31 31.22 2.81
2015-09-30 30.15 3.16 1.05
2015-06-30 29.08 3.51 2.10
2015-03-31 28.71 3.47 2.11
2014-12-31 28.33 3.44 2.12
2014-09-30 28.89 3.45 2.10
2014-06-30 29.45 3.46 2.08
2014-03-31 30.02 4.05 2.02
2013-12-31 30.60 4.63 1.97
2013-09-30 28.35 4.24 1.76
2013-06-30 26.11 3.86 1.54
2013-03-31 24.19 3.49 1.55
2012-12-31 22.27 3.12 1.56

*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.
  • Science Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Science Group used its assets less efficiently than the GB Professional Services industry average last year based on Return on Assets.
  • Science Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Science 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 Professional 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.
Science Group has a total score of 2/6, 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.

Health

 How is Science 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 Science Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Science Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Science Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Science 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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.6x 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 Science Group Company Filings, last reported 6 months ago.

AIM:SAG Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 40.96 12.69 21.52
2018-09-30 40.96 12.69 21.52
2018-06-30 38.48 13.43 18.52
2018-03-31 38.48 13.43 18.52
2017-12-31 37.74 13.93 19.89
2017-09-30 37.74 13.93 19.89
2017-06-30 36.71 14.17 26.28
2017-03-31 36.71 14.17 26.28
2016-12-31 36.00 14.66 26.00
2016-09-30 36.00 14.66 26.00
2016-06-30 36.44 7.47 17.20
2016-03-31 36.44 7.47 17.20
2015-12-31 37.23 7.93 14.52
2015-09-30 37.23 7.93 14.52
2015-06-30 34.64 8.43 21.47
2015-03-31 34.64 8.43 21.47
2014-12-31 33.45 8.99 23.80
2014-09-30 33.45 8.99 23.80
2014-06-30 32.48 9.32 22.82
2014-03-31 32.48 9.32 22.82
2013-12-31 31.07 9.84 22.43
2013-09-30 31.07 9.84 22.43
2013-06-30 27.65 5.82 20.52
2013-03-31 27.65 5.82 20.52
2012-12-31 25.25 6.23 19.18
  • Science Group's level of debt (31%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (31.6% vs 31% today).
  • Debt is well covered by operating cash flow (44.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 11.1x coverage).
X
Financial health checks
We assess Science 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. Science Group has a total score of 6/6, 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.

Dividends

 What is Science 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
2.3%
Current annual income from Science Group dividends. Estimated to be 2.47% next year.
If you bought £2,000 of Science Group shares you are expected to receive £46 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?
  • Science Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.97%).
  • Science Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.43%).
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:SAG 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 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.1%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.2%
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 5.4%

Industry and Market average data is calculated daily.

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

AIM:SAG Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.05 1.00
2020-12-31 0.05 1.00
2019-12-31 0.05 1.00
AIM:SAG Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-04-24 0.046 2.297
2019-03-05 0.046 2.252
2018-04-25 0.044 1.935
2018-02-28 0.044 2.076
2017-04-04 0.042 2.004
2017-03-02 0.042 2.451
2016-03-03 0.040 2.844
2016-03-02 0.040 3.113
2015-04-23 0.040 2.758
2015-03-04 0.040 2.825
2014-04-28 0.011 0.864
2014-03-05 0.011 0.723
2013-03-04 0.010 0.765

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

  • Whilst dividend payments have been stable, Science Group has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Science Group only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of Science Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).
X
Income/ dividend checks
We assess Science 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 Science Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Science 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.

Management

 What is the CEO of Science 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
Dan Edwards
AGE 44
CEO Bio

Mr. Daniel Robert Morgan Edwards, also known as Dan, serves as Group Managing Director at Science Group plc and serves as its Director since April 24, 2019. Mr. Edwards serves as Director at Sagentia Technology Advisory Limited. Mr. Edwards served as Managing Director of Advisory Division at Science Group plc. Mr. Edwards served as Director at Quadro Epsom Limited. Mr. Edwards served as Managing Director at Sagentia Group plc and served as its Head of Commercial Sector. He earned a MBA in General Management from Harvard Business School in the year 2002 to 2004. He earned a Master's Degree in Engineering from Cambridge University in the year 1994 to 1998.

CEO Compensation
  • Insufficient data for Dan to compare compensation growth.
  • Insufficient data for Dan to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Martyn Ratcliffe

TITLE
Executive Chairman
COMPENSATION
£385K
AGE
58

Hemsted Archer

TITLE
Finance Director & Director (Leave of Absence)
COMPENSATION
£225K
AGE
38
TENURE
5.5 yrs

Dan Edwards

TITLE
Group MD & Director
AGE
44

Tamara Kahn

TITLE
Chief Operations Officer

Andrew Diston

TITLE
Chief Science and Technology Officer
TENURE
3 yrs

Sarah Cole

TITLE
Group Legal Counsel & Company Secretary

Michael Withers

TITLE
Managing Director of Product Development Division

Sarah Hinton

TITLE
Executive Officer
Board of Directors Tenure

Average tenure and age of the Science Group board of directors in years:

5.5
Average Tenure
56
Average Age
  • The tenure for the Science Group board of directors is about average.
Board of Directors

David Courtley

TITLE
Non-Executive Director
COMPENSATION
£40K
AGE
62
TENURE
9.3 yrs

Martyn Ratcliffe

TITLE
Executive Chairman
COMPENSATION
£385K
AGE
58
TENURE
9.3 yrs

Hemsted Archer

TITLE
Finance Director & Director (Leave of Absence)
COMPENSATION
£225K
AGE
38
TENURE
5.5 yrs

Dan Edwards

TITLE
Group MD & Director
AGE
44
TENURE
0.3 yrs

Mike Lacey-Solymar

TITLE
Senior Independent Director
COMPENSATION
£40K
AGE
56
TENURE
0.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
17. Dec 18 Sell Ruffer LLP Company 14. Dec 18 14. Dec 18 -6,950 £2.02 £-14,039
17. Dec 18 Buy Ruffer LLP Company 14. Dec 18 14. Dec 18 74,015 £2.01 £148,598
14. Dec 18 Buy Ruffer LLP Company 13. Dec 18 13. Dec 18 1,005 £2.14 £2,151
12. Dec 18 Buy Ruffer LLP Company 11. Dec 18 11. Dec 18 2,555 £2.14 £5,468
07. Dec 18 Buy Ruffer LLP Company 06. Dec 18 06. Dec 18 4,695 £2.14 £10,047
27. Nov 18 Buy Ruffer LLP Company 26. Nov 18 26. Nov 18 2,000 £2.12 £4,240
26. Nov 18 Buy Ruffer LLP Company 23. Nov 18 23. Nov 18 3,000 £2.12 £6,360
24. Oct 18 Sell Ruffer LLP Company 23. Oct 18 23. Oct 18 -3,600 £2.29 £-8,235
09. Oct 18 Sell M&G Investment Management Limited Company 08. Oct 18 08. Oct 18 -8,937 £2.34 £-20,913
08. Oct 18 Sell Ruffer LLP Company 05. Oct 18 05. Oct 18 -2,467 £2.43 £-5,995
25. Sep 18 Buy Charles Stanley & Co. Ltd, Asset Management Arm Company 21. Sep 18 21. Sep 18 4,000 £2.48 £9,920
X
Management checks
We assess Science 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. Science 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.

News

Simply Wall St News

We Think Science Group (LON:SAG) Can Stay On Top Of Its Debt

AIM:SAG Historical Debt, July 22nd 2019 A Look At Science Group's Liabilities According to the last reported balance sheet, Science Group had liabilities of UK£19.8m due within 12 months, and liabilities of UK£14.6m due beyond 12 months. … Science Group may have net cash on the balance sheet, but it is still interesting to look at how well the business converts its earnings before interest and tax (EBIT) to free cash flow, because that will influence both its need for, and its capacity to manage debt. … If you're interested in investing in businesses that can grow profits without the burden of debt, then check out this free list of growing businesses that have net cash on the balance sheet.

Simply Wall St -

How Do Science Group plc’s (LON:SAG) Returns Compare To Its Industry?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Science Group: 0.088 = UK£4.9m ÷ (UK£75m - UK£20m) (Based on the trailing twelve months to December 2018.) Therefore, Science Group has an ROCE of 8.8%. … Do Science Group's Current Liabilities Skew Its ROCE? … Due to the way the ROCE equation works, having large bills due in the near term can make it look as though a company has less capital employed, and thus a higher ROCE than usual.

Simply Wall St -

How Does Science Group plc's (LON:SAG) Earnings Growth Stack Up Against Industry Performance?

After looking at Science Group plc's (LON:SAG) latest earnings announcement (31 December 2018), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … View our latest analysis for Science Group Commentary On SAG's Past Performance SAG's trailing twelve-month earnings (from 31 December 2018) of UK£4.3m has jumped 42% compared to the previous year. … I suggest you continue to research Science Group to get a more holistic view of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for SAG’s future growth?

Simply Wall St -

What You Must Know About Science Group plc's (LON:SAG) Beta Value

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … What this means for you: Since Science Group is not heavily influenced by market moves, its share price is probably far more dependend on company specific developments.

Simply Wall St -

At UK£2.02, Is Science Group plc (LON:SAG) Worth Looking At Closely?

And if you believe Science Group should be trading in this range, then there isn’t really any room for the share price grow beyond what it’s currently trading. … Furthermore, it seems like Science 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. … SAG’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value.

Simply Wall St -

Science Group plc (LON:SAG): Set To Experience A Decrease In Earnings?

Looking at Science Group plc's (LON:SAG) recent earnings update on 31 December 2018, the consensus outlook from analysts appear pessimistic, as a 6.7% fall in profits is expected in the upcoming year. … To understand the overall trajectory of SAG's earnings growth over these next fews years, I've fitted a line through these analyst earnings forecast to determine an annual growth rate from the slope. … AIM:SAG Past and Future Earnings, May 24th 2019 From the current net income level of UK£4.3m and the final forecast of UK£5.0m by 2022, the annual rate of growth for SAG’s earnings is 6.1%.

Simply Wall St -

Introducing Science Group (LON:SAG), A Stock That Climbed 59% In The Last Three Years

Just take a look at Science Group plc (LON:SAG), which is up 59%, over three years, soundly beating the market return of 15% (not including dividends). … Science Group was able to grow its EPS at 15% per year over three years, sending the share price higher. … We note that for Science Group the TSR over the last 3 years was 75%, which is better than the share price return mentioned above.

Simply Wall St -

Based On Its ROE, Is Science Group plc (LON:SAG) A High Quality Stock?

This article is for those who would like to learn about Return On Equity (ROE). … One way to conceptualize this, is that for each £1 of shareholders' equity it has, the company made £0.10 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What Should We Expect From Science Group plc's (LON:SAG) Earnings Over The Next Few Years?

The most recent earnings announcement Science Group plc's (LON:SAG) released in December 2018a

Simply Wall St -

Science Group plc (LON:SAG): The Yield That Matters The Most

If you are currently a shareholder in Science Group plc (LON:SAG), or considering investing in the stock, you need to examine how the business generates cash, and how it is reinvested. … I’ve analysed below, the health and outlook of Science Group’s cash flow, which will help you understand the stock from a cash standpoint. … Free cash flow (FCF) is the amount of cash Science Group has left after it pays off its expenses, including its net capital expenditures, which is what the company needs to spend each year to maintain or grow its business operations.

Simply Wall St -

Company Info

Description

Science Group plc, together with its subsidiaries, offers science and technology-based consultancy services in the United Kingdom, North America, Europe, and internationally. The company provides applied science, product development, technology advisory, and regulatory services to medical, food and beverage, consumer, industrial, oil and gas, chemical, energy, and consumer sectors. It also provides IT consultancy and property services. The company was formerly known as Sagentia Group plc and changed its name to Science Group plc in July 2015. Science Group plc was incorporated in 2008 and is headquartered in Cambridge, the United Kingdom.

Details
Name: Science Group plc
SAG
Exchange: AIM
Founded: 2008
£81,843,185
41,127,229
Website: http://www.sciencegroup.com
Address: Science Group plc
Harston Mill,
Harston,
Cambridge,
Cambridgeshire, CB22 7GG,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM SAG Ordinary Shares London Stock Exchange AIM Market GB GBP 08. Jul 2008
Number of employees
Current staff
Staff numbers
381
Science Group employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/24 00:01
End of day share price update: 2019/07/23 00:00
Last estimates confirmation: 2019/07/11
Last earnings filing: 2019/04/24
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.