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Serco Group LSE:SRP Stock Report

Last Price

UK£1.53

Market Cap

UK£1.5b

7D

7.1%

1Y

-5.5%

Updated

20 Dec, 2024

Data

Company Financials +

Serco Group plc

LSE:SRP Stock Report

Market Cap: UK£1.5b

SRP Stock Overview

Provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. More details

SRP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends3/6

Rewards

Price-To-Earnings ratio (11.1x) is below the UK market (15.7x)

Earnings are forecast to grow 2.49% per year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record

Profit margins (2.9%) are lower than last year (4.4%)


My Notes

Capture your thoughts, links and company narrative

Serco Group plc Competitors

Mitie Group

LSE:MTO

UK£1.4b

Renewi

LSE:RWI

UK£644.5m

Rentokil Initial

LSE:RTO

UK£10.0b

Water Intelligence

AIM:WATR

UK£69.5m

Price History & Performance

Summary of share price highs, lows and changes for Serco Group
Historical stock prices
Current Share PriceUK£1.53
52 Week HighUK£1.96
52 Week LowUK£1.36
Beta0.38
1 Month Change-1.29%
3 Month Change-13.07%
1 Year Change-5.50%
3 Year Change14.44%
5 Year Change-6.54%
Change since IPO699.67%

Recent News & Updates

Recent updates

There's No Escaping Serco Group plc's (LON:SRP) Muted Earnings

Jun 10
There's No Escaping Serco Group plc's (LON:SRP) Muted Earnings

Calculating The Intrinsic Value Of Serco Group plc (LON:SRP)

May 22
Calculating The Intrinsic Value Of Serco Group plc (LON:SRP)

With EPS Growth And More, Serco Group (LON:SRP) Makes An Interesting Case

Feb 23
With EPS Growth And More, Serco Group (LON:SRP) Makes An Interesting Case

Is Serco Group plc (LON:SRP) Worth UK£1.6 Based On Its Intrinsic Value?

Dec 13
Is Serco Group plc (LON:SRP) Worth UK£1.6 Based On Its Intrinsic Value?

Here's Why Serco Group (LON:SRP) Can Manage Its Debt Responsibly

Nov 10
Here's Why Serco Group (LON:SRP) Can Manage Its Debt Responsibly

Serco Group's (LON:SRP) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 04
Serco Group's (LON:SRP) Shareholders Will Receive A Bigger Dividend Than Last Year

Serco Group (LON:SRP) Is Increasing Its Dividend To £0.0114

Aug 20
Serco Group (LON:SRP) Is Increasing Its Dividend To £0.0114

Serco Group (LON:SRP) Is Paying Out A Larger Dividend Than Last Year

Aug 06
Serco Group (LON:SRP) Is Paying Out A Larger Dividend Than Last Year

These 4 Measures Indicate That Serco Group (LON:SRP) Is Using Debt Reasonably Well

Mar 21
These 4 Measures Indicate That Serco Group (LON:SRP) Is Using Debt Reasonably Well

Serco Group (LON:SRP) Has Announced That It Will Be Increasing Its Dividend To £0.0192

Mar 03
Serco Group (LON:SRP) Has Announced That It Will Be Increasing Its Dividend To £0.0192

Is There An Opportunity With Serco Group plc's (LON:SRP) 24% Undervaluation?

Jan 30
Is There An Opportunity With Serco Group plc's (LON:SRP) 24% Undervaluation?

Calculating The Fair Value Of Serco Group plc (LON:SRP)

Oct 18
Calculating The Fair Value Of Serco Group plc (LON:SRP)

Serco Group's (LON:SRP) Upcoming Dividend Will Be Larger Than Last Year's

Sep 02
Serco Group's (LON:SRP) Upcoming Dividend Will Be Larger Than Last Year's

Is Serco Group (LON:SRP) A Risky Investment?

Aug 27
Is Serco Group (LON:SRP) A Risky Investment?

Are Serco Group plc (LON:SRP) Investors Paying Above The Intrinsic Value?

Jun 29
Are Serco Group plc (LON:SRP) Investors Paying Above The Intrinsic Value?

Does Serco Group (LON:SRP) Have A Healthy Balance Sheet?

May 27
Does Serco Group (LON:SRP) Have A Healthy Balance Sheet?

Serco Group (LON:SRP) Has Announced That It Will Be Increasing Its Dividend To UK£0.016

Apr 28
Serco Group (LON:SRP) Has Announced That It Will Be Increasing Its Dividend To UK£0.016

Serco Group's (LON:SRP) Upcoming Dividend Will Be Larger Than Last Year's

Mar 23
Serco Group's (LON:SRP) Upcoming Dividend Will Be Larger Than Last Year's

Serco Group's (LON:SRP) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 02
Serco Group's (LON:SRP) Shareholders Will Receive A Bigger Dividend Than Last Year

Here's Why I Think Serco Group (LON:SRP) Is An Interesting Stock

Nov 16
Here's Why I Think Serco Group (LON:SRP) Is An Interesting Stock

Is Serco Group plc (LON:SRP) Trading At A 33% Discount?

Aug 27
Is Serco Group plc (LON:SRP) Trading At A 33% Discount?

With EPS Growth And More, Serco Group (LON:SRP) Is Interesting

Aug 10
With EPS Growth And More, Serco Group (LON:SRP) Is Interesting

Serco Group plc's (LON:SRP) Intrinsic Value Is Potentially 47% Above Its Share Price

May 25
Serco Group plc's (LON:SRP) Intrinsic Value Is Potentially 47% Above Its Share Price

Shareholder Returns

SRPGB Commercial ServicesGB Market
7D7.1%-1.1%-2.6%
1Y-5.5%-6.5%2.7%

Return vs Industry: SRP exceeded the UK Commercial Services industry which returned -6.5% over the past year.

Return vs Market: SRP underperformed the UK Market which returned 2.7% over the past year.

Price Volatility

Is SRP's price volatile compared to industry and market?
SRP volatility
SRP Average Weekly Movement4.4%
Commercial Services Industry Average Movement4.3%
Market Average Movement4.8%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.6%

Stable Share Price: SRP has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: SRP's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192950,000Mark Irwinwww.serco.com

Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. It offers service design and advisory, resourcing, programmes management, systems integration, case management, engineering, and assets and facilities management services. The company also provides administrative and back office, asylum seeker accommodation or passenger transport services; supports in the decarbonization journeys of customers and society, including installation of ground source heat pumps, solar panels, and energy efficiency upgrades; ecosystem restoration and biodiversity services comprising plantation; reforestation services; and a rage of support services for environmental protection.

Serco Group plc Fundamentals Summary

How do Serco Group's earnings and revenue compare to its market cap?
SRP fundamental statistics
Market capUK£1.52b
Earnings (TTM)UK£139.00m
Revenue (TTM)UK£4.76b

11.1x

P/E Ratio

0.3x

P/S Ratio

Is SRP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SRP income statement (TTM)
RevenueUK£4.76b
Cost of RevenueUK£4.27b
Gross ProfitUK£494.30m
Other ExpensesUK£355.30m
EarningsUK£139.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 27, 2025

Earnings per share (EPS)0.14
Gross Margin10.38%
Net Profit Margin2.92%
Debt/Equity Ratio27.5%

How did SRP perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

28%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 20:30
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Serco Group plc is covered by 41 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alejandro AcostaAlezor Research
James RosenthalBarclays
Paul Daniel SullivanBarclays