Market Cap
UK£2.8b
Last Updated
2021/05/18 18:40 UTC
Data Sources
Company Financials +
Executive Summary
Hays plc operates as a recruitment company in Australia, New Zealand, Germany, the United Kingdom, Ireland, and internationally. More Details
Rewards
Risk Analysis
No risks detected for HAS from our risk checks.
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Hays's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HAS is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HAS's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.6%
HAS
-0.7%
GB Professional Services
0.2%
GB Market
1 Year Return
57.6%
HAS
7.9%
GB Professional Services
22.8%
GB Market
Return vs Industry: HAS exceeded the UK Professional Services industry which returned 7.9% over the past year.
Return vs Market: HAS exceeded the UK Market which returned 22.8% over the past year.
Shareholder returns
| HAS | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | -0.7% | 0.2% |
| 30 Day | -0.7% | -3.1% | 0.1% |
| 90 Day | 5.6% | 1.7% | 5.1% |
| 1 Year | 57.6%57.6% | 10.0%7.9% | 28.3%22.8% |
| 3 Year | -3.0%-12.6% | 27.6%19.6% | 9.4%-3.1% |
| 5 Year | 47.1%24.8% | 84.9%65.5% | 47.0%19.3% |
Long-Term Price Volatility Vs. Market
How volatile is Hays's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is There An Opportunity With Hays plc's (LON:HAS) 21% Undervaluation?1 month ago | Simply Wall St
Hays (LON:HAS) Will Will Want To Turn Around Its Return Trends2 months ago | Simply Wall St
Don't Ignore The Fact That This Insider Just Sold Some Shares In Hays plc (LON:HAS)Valuation
Is Hays undervalued compared to its fair value and its price relative to the market?
31.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HAS (£1.66) is trading below our estimate of fair value (£2.37)
Significantly Below Fair Value: HAS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HAS is unprofitable, so we can't compare its PE Ratio to the UK Professional Services industry average.
PE vs Market: HAS 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 HAS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HAS is overvalued based on its PB Ratio (3.4x) compared to the GB Professional Services industry average (2.9x).
Future Growth
How is Hays forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
64.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HAS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: HAS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HAS's is expected to become profitable in the next 3 years.
Revenue vs Market: HAS's revenue (9.2% per year) is forecast to grow faster than the UK market (5.3% per year).
High Growth Revenue: HAS's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HAS's Return on Equity is forecast to be low in 3 years time (15.8%).
Past Performance
How has Hays performed over the past 5 years?
-12.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HAS is currently unprofitable.
Growing Profit Margin: HAS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HAS is unprofitable, and losses have increased over the past 5 years at a rate of 12.1% per year.
Accelerating Growth: Unable to compare HAS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HAS is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (-10.4%).
Return on Equity
High ROE: HAS has a negative Return on Equity (-0.9%), as it is currently unprofitable.
Financial Health
How is Hays's financial position?
Financial Position Analysis
Short Term Liabilities: HAS's short term assets (£1.1B) exceed its short term liabilities (£662.6M).
Long Term Liabilities: HAS's short term assets (£1.1B) exceed its long term liabilities (£194.4M).
Debt to Equity History and Analysis
Debt Level: HAS is debt free.
Reducing Debt: HAS has no debt compared to 5 years ago when its debt to equity ratio was 40.5%.
Debt Coverage: HAS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HAS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Hays's current dividend yield, its reliability and sustainability?
3.39%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HAS'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 HAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HAS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HAS is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HAS'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?
11.1yrs
Average management tenure
CEO
Alistair Cox (59 yo)
13.5yrs
Tenure
UK£1,397,000
Compensation
Mr. Alistair Richard Cox has been the Chief Executive Officer of Hays plc since November 2007 and also has been its Executive Director since September 1, 2007. Mr. Cox has been the CEO of Hays Recruitment ...
CEO Compensation Analysis
Compensation vs Market: Alistair's total compensation ($USD1.97M) is about average for companies of similar size in the UK market ($USD1.66M).
Compensation vs Earnings: Alistair's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: HAS's management team is seasoned and experienced (11.1 years average tenure).
Board Members
Experienced Board: HAS's board of directors are considered experienced (3.3 years average tenure).
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Hays plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hays plc
- Ticker: HAS
- Exchange: LSE
- Founded: 1968
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: UK£2.778b
- Shares outstanding: 1.68b
- Website: https://www.haysplc.com
Number of Employees
Location
- Hays plc
- 20 Triton Street
- London
- Greater London
- NW1 3BF
- United Kingdom
Listings
Biography
Hays plc operates as a recruitment company in Australia, New Zealand, Germany, the United Kingdom, Ireland, and internationally. The company offers permanent, temporary, and contractor recruitment services...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/18 18:40 |
| End of Day Share Price | 2021/05/18 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.