Market Cap
UK£2.3b
Last Updated
2019/09/15 20:35 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.
Snowflake
Fundamentals
Flawless balance sheet established dividend payer.
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
Market Performance
7 Day Return
4.0%
LSE:HAS
-4.9%
GB Professional Services
1.6%
GB Market
1 Year Return
-26.3%
LSE:HAS
12.4%
GB Professional Services
0.3%
GB Market
HAS underperformed the Professional Services industry which returned 12.4% over the past year.
HAS underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 0.3% over the past year.
Share holder returns
| HAS | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.0% | -4.9% | 1.6% |
| 30 Day | 6.6% | -2.2% | 5.0% |
| 90 Day | -0.3% | -2.3% | 1.2% |
| 1 Year | -22.8%-26.3% | 15.0%12.4% | 5.1%0.3% |
| 3 Year | 31.2%18.0% | 48.3%37.9% | 23.7%9.0% |
| 5 Year | 41.9%22.5% | 110.5%85.6% | 29.9%2.5% |
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
1 week ago | Simply Wall St
What Are Analysts Saying About Hays plc's (LON:HAS) Earnings Trajectory?2 weeks ago | Simply Wall St
How Do Analysts See Hays plc (LON:HAS) Performing In The Next 12 Months?2 weeks ago | Simply Wall St
Why Hays plc (LON:HAS) Could Be Your Next InvestmentValuation
Is Hays undervalued based on future cash flows and its price relative to the stock market?
4%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Hays's share price is below the future cash flow value, but not at a moderate discount (< 20%).
Hays's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
Hays is good value based on earnings compared to the GB Professional Services industry average.
Hays is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price Based on Expected Growth
Hays is poor value based on expected growth next year.
Price Based on Value of Assets
Hays is overvalued based on assets compared to the GB Professional Services industry average.
Next Steps
Future Growth
How is Hays expected to perform in the next 1 to 3 years based on estimates from 9 analysts?
4.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Hays's revenue is expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).
Hays's earnings are expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).
Hays's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Hays's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Hays's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Earnings per Share Growth Estimates
Future Return on Equity
Hays is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Next Steps
Past Performance
How has Hays performed over the past 5 years?
13.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Hays's year on year earnings growth rate has been positive over the past 5 years.
Hays's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Hays's 1-year earnings growth is negative, it can't be compared to the GB Professional Services industry average.
Return on Equity
Hays has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
Return on Assets
Hays used its assets more efficiently than the GB Professional Services industry average last year based on Return on Assets.
Return on Capital Employed
Hays's use of capital has not improved over the past 3 years (Return on Capital Employed).
Next Steps
Financial Health
How is Hays's financial position?
Financial Position Analysis
Hays is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Hays's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Hays has no debt.
Hays has no debt compared to 5 years ago when it was 46.2%.
Hays has no debt, it does not need to be covered by operating cash flow.
Hays has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Low level of unsold assets.
Hays has no debt, it does not need to be covered by short term assets.
Next Steps
Dividend
What is Hays's current dividend yield, its reliability and sustainability?
5.27%
Expected Dividend Yield
Upcoming Dividend Payment
Purchase Hays before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield and Payments Analysis
Hays's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.99%).
Hays's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.5%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2.8x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
Next Steps
Management
What is the CEO of Hays's salary, the management and board of directors tenure and is there insider trading?
9.4yrs
Average management tenure
CEO
Alistair Cox (58yo)
11.8yrs
Tenure
UK£2,972,000
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 served as the President of Lafarge Ma ...
CEO Compensation Analysis
Alistair's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Alistair's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
9.4yrs
Average Tenure
58yo
Average Age
The average tenure for the Hays management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
1.7yrs
Average Tenure
58.5yo
Average Age
The average tenure for the Hays board of directors is less than 3 years, this suggests a new board.
Insider Trading
More shares have been bought than sold by Hays individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
| Entity | Individual |
| Role | Lead Director Senior Independent Director |
| Shares | 10,000 |
| Max Price | UK£1.39 |
| Entity | Individual |
| Shares | 100,000 |
| Max Price | UK£1.57 |
| Entity | Individual |
| Role | Lead Director Senior Independent Director |
| Shares | 806 |
| Max Price | UK£1.42 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Executive Director |
| Shares | 1,100,000 |
| Max Price | UK£1.57 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 4,000 |
| Max Price | UK£1.64 |
Ownership Breakdown
Management Team
Doug Evans (56yo)
Company Secretary & General Counsel
- Tenure: 6.6yrs
Alistair Cox (58yo)
CEO & Executive Director
- Tenure: 11.8yrs
- Compensation: UK£2.97m
Paul Venables (58yo)
Group Finance Director & Executive Director
- Tenure: 13.3yrs
- Compensation: UK£2.15m
David Phillips
Head of Investor Relations
- Tenure: 0yrs
Tina Ling
Managing Director of France & Benelux
- Tenure: 0yrs
Nick Cox
Managing Director of Continental Europe & Rest of World
- Tenure: 0yrs
Nigel S. Heap
Uk & Ireland Managing Director and Chairman of the Asia Pacific Business
- Tenure: 7.4yrs
Steve Weston
Chief Information Officer & Global Head of Corporate Accounts
- Tenure: 0yrs
Simon Winfield
Managing Director of West & Wales
- Tenure: 5.8yrs
Sholto Douglas-Home
Chief Marketing Officer
- Tenure: 11.4yrs
Board Members
Torsten Kreindl (56yo)
Independent Non-Executive Director
- Tenure: 6.3yrs
- Compensation: UK£56.00k
Susan Murray (61yo)
Independent Non-Executive Director
- Tenure: 2.2yrs
- Compensation: UK£62.00k
MT Rainey (63yo)
Non-Executive Director
- Tenure: 0.6yrs
- Compensation: UK£56.00k
Andy Martin (59yo)
Non-Executive Chairman
- Tenure: 1.2yrs
- Compensation: UK£61.00k
Alistair Cox (58yo)
CEO & Executive Director
- Tenure: 11.8yrs
- Compensation: UK£2.97m
Peter Williams (66yo)
Senior Independent Director
- Tenure: 0.6yrs
- Compensation: UK£56.00k
Paul Venables (58yo)
Group Finance Director & Executive Director
- Tenure: 13.3yrs
- Compensation: UK£2.15m
Cheryl Millington (53yo)
Independent Non-Executive Director
- Tenure: 0.3yrs
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£2.266b
- Shares outstanding: 1.46b
- Website: https://www.haysplc.com
Number of Employees
Location
- Hays plc
- 20 Triton Street
- London
- Greater London
- NW1 3BF
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HAYP.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| HAS | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| HAY | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| HASL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| HAYP.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Feb 2010 |
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 | 2019/09/15 20:35 |
| End of Day Share Price | 2019/09/13 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.