| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
HAS Stock Overview
Hays plc operates as a recruitment company in Australia, New Zealand, Germany, the United Kingdom, Ireland, and internationally.
Rewards
Risk Analysis
No risks detected for HAS from our risk checks.
Hays Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£1.54 |
| 52 Week High | UK£1.81 |
| 52 Week Low | UK£1.35 |
| Beta | 1.31 |
| 1 Month Change | 10.35% |
| 3 Month Change | -5.48% |
| 1 Year Change | 6.38% |
| 3 Year Change | 2.40% |
| 5 Year Change | -1.48% |
| Change since IPO | 265.48% |
Recent News & Updates
Hays plc (LON:HAS) Shares Could Be 50% Below Their Intrinsic Value Estimate
Does the December share price for Hays plc ( LON:HAS ) reflect what it's really worth? Today, we will estimate the...
Is It Time To Consider Buying Hays plc (LON:HAS)?
Hays plc ( LON:HAS ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Here's Why We Think Hays plc's (LON:HAS) CEO Compensation Looks Fair
The performance at Hays plc ( LON:HAS ) has been rather lacklustre of late and shareholders may be wondering what CEO...
Hays (LON:HAS) Is Reinvesting At Lower Rates Of Return
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Shareholder Returns
| HAS | GB Professional Services | GB Market | |
|---|---|---|---|
| 7D | 1.1% | -2.2% | -1.0% |
| 1Y | 6.4% | 16.8% | 8.3% |
Return vs Industry: HAS underperformed the UK Professional Services industry which returned 16.8% over the past year.
Return vs Market: HAS underperformed the UK Market which returned 8.3% over the past year.
Price Volatility
| HAS volatility | |
|---|---|
| HAS Average Weekly Movement | 3.8% |
| Professional Services Industry Average Movement | 4.2% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.6% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: HAS is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HAS's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1968 | 10,778 | Alistair Cox | https://www.haysplc.com |
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, such as qualified, professional, and skilled recruitment to public and private sectors. It also specializes in offering recruitment services in the areas of accountancy and finance, construction and property, technology, life sciences, sales and marketing, banking and capital markets, contact centers, education, engineering and manufacturing, executive, financial services, health and social care, human resources, legal, office support, energy, oil and gas, procurement, retail, resources and mining, and telecoms.
Hays Fundamentals Summary
| HAS fundamental statistics | |
|---|---|
| Market Cap | UK£2.57b |
| Earnings (TTM) | UK£61.50m |
| Revenue (TTM) | UK£5.65b |
41.7x
P/E Ratio0.5x
P/S RatioIs HAS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HAS income statement (TTM) | |
|---|---|
| Revenue | UK£5.65b |
| Cost of Revenue | UK£5.36b |
| Gross Profit | UK£292.30m |
| Expenses | UK£230.80m |
| Earnings | UK£61.50m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 24, 2022
| Earnings per share (EPS) | 0.037 |
| Gross Margin | 5.17% |
| Net Profit Margin | 1.09% |
| Debt/Equity Ratio | 0% |
How did HAS perform over the long term?
See historical performance and comparisonDividends
0.8%
Current Dividend Yield33%
Payout RatioValuation
Is Hays undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HAS (£1.54) is trading below our estimate of fair value (£3.26)
Significantly Below Fair Value: HAS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HAS is poor value based on its PE Ratio (41.7x) compared to the UK Professional Services industry average (33.9x).
PE vs Market: HAS is poor value based on its PE Ratio (41.7x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: HAS is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: HAS's PB Ratio (2.9x) is in line with the GB Professional Services industry average.
Future Growth
How is Hays forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
31.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HAS's forecast earnings growth (31.7% per year) is above the savings rate (0.9%).
Earnings vs Market: HAS's earnings (31.7% per year) are forecast to grow faster than the UK market (12.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HAS's revenue (10.4% per year) is forecast to grow faster than the UK market (4.8% per year).
High Growth Revenue: HAS's revenue (10.4% 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 high in 3 years time (20.9%)
Past Performance
How has Hays performed over the past 5 years?
-19.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HAS has high quality earnings.
Growing Profit Margin: HAS's current net profit margins (1.1%) are higher than last year (0.8%).
Past Earnings Growth Analysis
Earnings Trend: HAS's earnings have declined by 19.4% per year over the past 5 years.
Accelerating Growth: HAS's earnings growth over the past year (29.5%) exceeds its 5-year average (-19.4% per year).
Earnings vs Industry: HAS earnings growth over the past year (29.5%) exceeded the Professional Services industry 5.2%.
Return on Equity
High ROE: HAS's Return on Equity (7.1%) is considered low.
Financial Health
How is Hays's financial position?
Financial Position Analysis
Short Term Liabilities: HAS's short term assets (£1.3B) exceed its short term liabilities (£823.0M).
Long Term Liabilities: HAS's short term assets (£1.3B) exceed its long term liabilities (£178.7M).
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 5.8%.
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?
0.79%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HAS's dividend (0.79%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.41%).
High Dividend: HAS's dividend (0.79%) is low compared to the top 25% of dividend payers in the UK market (4.06%).
Stability and Growth of Payments
Stable Dividend: HAS is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.
Growing Dividend: HAS is not paying a notable dividend for the UK market, therefore no need to check if payments are 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?
9.8yrs
Average management tenure
CEO
Alistair Cox (60 yo)
14.17yrs
Tenure
UK£2,586,000
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 ($USD3.52M) is above average for companies of similar size in the UK market ($USD1.80M).
Compensation vs Earnings: Alistair's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: HAS's management team is seasoned and experienced (9.8 years average tenure).
Board Members
Experienced Board: HAS's board of directors are considered experienced (6.1 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 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
- Implied Market Cap: UK£2.566b
- Shares outstanding: 1.67b
- Website: https://www.haysplc.com
Number of Employees
Location
- Hays plc
- 20 Triton Street
- 4th Floor
- London
- Greater London
- NW1 3BF
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 21:07 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.