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Market Cap

UK£5.6b

Last Updated

2021/05/13 01:14 UTC

Data Sources

Company Financials +

Executive Summary

Standard Life Aberdeen plc provides asset management services in the United Kingdom, Europe, North America, and Asia. More Details


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

How has Standard Life Aberdeen's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SLA is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.

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


Market Performance


7 Day Return

-4.6%

SLA

-2.1%

GB Capital Markets

-0.7%

GB Market


1 Year Return

25.7%

SLA

15.2%

GB Capital Markets

28.0%

GB Market

Return vs Industry: SLA exceeded the UK Capital Markets industry which returned 15.2% over the past year.

Return vs Market: SLA underperformed the UK Market which returned 28% over the past year.


Shareholder returns

SLAIndustryMarket
7 Day-4.6%-2.1%-0.7%
30 Day-9.7%-3.9%1.8%
90 Day-17.2%-8.7%6.4%
1 Year32.7%25.7%18.5%15.2%33.4%28.0%
3 Year-6.6%-36.9%27.5%13.5%10.6%-2.0%
5 Year16.4%-29.6%97.4%63.3%49.8%21.6%

Long-Term Price Volatility Vs. Market

How volatile is Standard Life Aberdeen's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Standard Life Aberdeen undervalued compared to its fair value and its price relative to the market?

6.87x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SLA (£2.65) is trading above our estimate of fair value (£2.13)

Significantly Below Fair Value: SLA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SLA is good value based on its PE Ratio (6.9x) compared to the UK Capital Markets industry average (20.3x).

PE vs Market: SLA is good value based on its PE Ratio (6.9x) compared to the UK market (25.9x).


Price to Earnings Growth Ratio

PEG Ratio: SLA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: SLA is good value based on its PB Ratio (0.8x) compared to the GB Capital Markets industry average (1.8x).


Future Growth

How is Standard Life Aberdeen forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

-8.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SLA's earnings are forecast to decline over the next 3 years (-8.7% per year).

Earnings vs Market: SLA's earnings are forecast to decline over the next 3 years (-8.7% per year).

High Growth Earnings: SLA's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SLA's revenue is expected to decline over the next 3 years (-27.7% per year).

High Growth Revenue: SLA's revenue is forecast to decline over the next 3 years (-27.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SLA's Return on Equity is forecast to be low in 3 years time (5.1%).


Past Performance

How has Standard Life Aberdeen performed over the past 5 years?

-33.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SLA has a large one-off loss of £1.4B impacting its December 31 2020 financial results.

Growing Profit Margin: SLA's current net profit margins (23.5%) are higher than last year (5.3%).


Past Earnings Growth Analysis

Earnings Trend: SLA's earnings have declined by 33.4% per year over the past 5 years.

Accelerating Growth: SLA's earnings growth over the past year (316.3%) exceeds its 5-year average (-33.4% per year).

Earnings vs Industry: SLA earnings growth over the past year (316.3%) exceeded the Capital Markets industry 3.9%.


Return on Equity

High ROE: SLA's Return on Equity (12.5%) is considered low.


Financial Health

How is Standard Life Aberdeen's financial position?


Financial Position Analysis

Short Term Liabilities: SLA's short term assets (£3.6B) exceed its short term liabilities (£854.0M).

Long Term Liabilities: SLA's short term assets (£3.6B) exceed its long term liabilities (£2.8B).


Debt to Equity History and Analysis

Debt Level: SLA's debt to equity ratio (12.3%) is considered satisfactory.

Reducing Debt: SLA's debt to equity ratio has reduced from 41.8% to 12.3% over the past 5 years.

Debt Coverage: SLA's debt is not well covered by operating cash flow (6.7%).

Interest Coverage: SLA's interest payments on its debt are well covered by EBIT (64.8x coverage).


Balance Sheet


Dividend

What is Standard Life Aberdeen current dividend yield, its reliability and sustainability?

5.52%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SLA's dividend (5.52%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).

High Dividend: SLA's dividend (5.52%) is in the top 25% of dividend payers in the UK market (4.07%)


Stability and Growth of Payments

Stable Dividend: SLA's dividend payments have been volatile in the past 10 years.

Growing Dividend: SLA's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.9%), SLA's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SLA's dividends in 3 years are not forecast to be well covered by earnings (104.9% payout ratio).


Next Steps

Management

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

2.2yrs

Average management tenure


CEO

Stephen Bird (53 yo)

0.67

Tenure

UK£1,482,000

Compensation

Mr. Stephen Bird, MBA, has been Director at Standard Life Aberdeen Plc since July 1, 2020 and also serves as its Chief Executive Officer since September 1, 2020. Mr. Bird served as the Chief Executive Offi...


CEO Compensation Analysis

Compensation vs Market: Stephen's total compensation ($USD2.09M) is about average for companies of similar size in the UK market ($USD2.25M).

Compensation vs Earnings: Insufficient data to compare Stephen's compensation with company performance.


Leadership Team

Experienced Management: SLA's management team is considered experienced (2.2 years average tenure).


Board Members

Experienced Board: SLA's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: SLA 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

Standard Life Aberdeen plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Standard Life Aberdeen plc
  • Ticker: SLA
  • Exchange: LSE
  • Founded: 1825
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£5.593b
  • Shares outstanding: 2.11b
  • Website: https://www.standardlifeaberdeen.com

Number of Employees


Location

  • Standard Life Aberdeen plc
  • 1 George Street
  • Edinburgh
  • EH2 2LL
  • United Kingdom

Listings


Biography

Standard Life Aberdeen plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment pro...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/13 01:14
End of Day Share Price2021/05/12 00:00
Earnings2020/12/31
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.