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QuilterLSE:QLT Stock Report

Market Cap







27 Sep, 2021


Company Financials +
QLT fundamental analysis
Snowflake Score
Future Growth3/6
Past Performance3/6
Financial Health6/6

QLT Overview

Quilter plc provides advice-led investment solutions and investment platforms in the United Kingdom and internationally.

Quilter Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Quilter
Historical stock prices
Current Share PriceUK£1.43
52 Week HighUK£1.20
52 Week LowUK£1.70
1 Month Change-4.52%
3 Month Change-5.09%
1 Year Change8.97%
3 Year Change6.44%
5 Year Changen/a
Change since IPO-6.09%

Recent News & Updates

Shareholder Returns

QLTGB Capital MarketsGB Market

Return vs Industry: QLT underperformed the UK Capital Markets industry which returned 14.4% over the past year.

Return vs Market: QLT underperformed the UK Market which returned 24.1% over the past year.

Price Volatility

Is QLT's price volatile compared to industry and market?
QLT volatility
QLT Beta1.2
Industry Beta0.79
Market Beta1

Stable Share Price: QLT is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: QLT's weekly volatility (3%) has been stable over the past year.

About the Company

20074,176Paul Feeney

Quilter plc provides advice-led investment solutions and investment platforms in the United Kingdom and internationally. The company operates in two segments, Advice and Wealth Management, and Wealth Platforms. The Advice and Wealth Management segment develops and manages various investment solutions in the form of funds.

Quilter Fundamentals Summary

How do Quilter's earnings and revenue compare to its market cap?
QLT fundamental statistics
Market CapUK£2.31b
Earnings (TTM)UK£65.00m
Revenue (TTM)UK£8.22b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QLT income statement (TTM)
Cost of RevenueUK£147.00m
Gross ProfitUK£1.73b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date


Earnings per share (EPS)0.04
Gross Margin21.07%
Net Profit Margin0.79%
Debt/Equity Ratio11.4%

How did QLT perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is Quilter undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: QLT (£1.43) is trading below our estimate of fair value (£1.58)

Significantly Below Fair Value: QLT is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: QLT is poor value based on its PE Ratio (35.5x) compared to the UK Capital Markets industry average (13.6x).

PE vs Market: QLT is poor value based on its PE Ratio (35.5x) compared to the UK market (23.4x).

Price to Earnings Growth Ratio

PEG Ratio: QLT is poor value based on its PEG Ratio (1.6x)

Price to Book Ratio

PB vs Industry: QLT is good value based on its PB Ratio (1.3x) compared to the GB Capital Markets industry average (1.8x).

Future Growth

How is Quilter forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: QLT's forecast earnings growth (22.5% per year) is above the savings rate (0.9%).

Earnings vs Market: QLT's earnings (22.5% per year) are forecast to grow faster than the UK market (14.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: QLT's revenue is expected to decline over the next 3 years (-26.8% per year).

High Growth Revenue: QLT's revenue is forecast to decline over the next 3 years (-26.8% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: QLT's Return on Equity is forecast to be low in 3 years time (8.7%).

Past Performance

How has Quilter performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: QLT has a large one-off loss of £37.0M impacting its June 30 2021 financial results.

Growing Profit Margin: QLT's current net profit margins (0.8%) are lower than last year (1.8%).

Past Earnings Growth Analysis

Earnings Trend: QLT's earnings have grown significantly by 61.2% per year over the past 5 years.

Accelerating Growth: QLT's earnings growth over the past year (195.5%) exceeds its 5-year average (61.2% per year).

Earnings vs Industry: QLT earnings growth over the past year (195.5%) exceeded the Capital Markets industry 54.7%.

Return on Equity

High ROE: QLT's Return on Equity (3.7%) is considered low.

Financial Health

How is Quilter's financial position?

Financial Position Analysis

Short Term Liabilities: QLT's short term assets (£71.4B) exceed its short term liabilities (£63.4B).

Long Term Liabilities: QLT's short term assets (£71.4B) exceed its long term liabilities (£7.0B).

Debt to Equity History and Analysis

Debt Level: QLT's debt to equity ratio (11.4%) is considered satisfactory.

Reducing Debt: QLT's debt to equity ratio has reduced from 85.3% to 11.4% over the past 5 years.

Debt Coverage: QLT's debt is well covered by operating cash flow (1076.4%).

Interest Coverage: QLT's interest payments on its debt are well covered by EBIT (14.5x coverage).

Balance Sheet


What is Quilter current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: QLT's dividend (3.71%) is higher than the bottom 25% of dividend payers in the UK market (1.34%).

High Dividend: QLT's dividend (3.71%) is low compared to the top 25% of dividend payers in the UK market (3.93%).

Stability and Growth of Payments

Stable Dividend: QLT has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: QLT's dividend payments have increased, but the company has only paid a dividend for 3 years.

Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (138.4%), QLT's dividend payments are not well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: QLT's dividends in 3 years are forecast to be covered by earnings (61.7% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Paul Feeney (57 yo)





Mr. Paul William Feeney, Ph D., has been the Chief Executive Officer at Quilter plc (formerly known as Old Mutual Wealth Management Ltd.) since August 2012 and serves as its Director since August 2012. Pre...

CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD2.04M) is about average for companies of similar size in the UK market ($USD1.63M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: QLT's management team is considered experienced (2.5 years average tenure).

Board Members

Experienced Board: QLT's board of directors are considered experienced (3.3 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: QLT insiders have only sold shares 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

Quilter plc's employee growth, exchange listings and data sources

Key Information

  • Name: Quilter plc
  • Ticker: QLT
  • Exchange: LSE
  • Founded: 2007
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£2.307b
  • Shares outstanding: 1.62b
  • Website:

Number of Employees


  • Quilter plc
  • Senator House
  • 85 Queen Victoria Street
  • London
  • Greater London
  • EC4V 4AB
  • United Kingdom


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 21:22
End of Day Share Price2021/09/27 00:00
Annual Earnings2020/12/31

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.