LSE:SLA

Stock Analysis Report

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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 average dividend payer.


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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.0%

SLA

-2.6%

GB Capital Markets

-1.9%

GB Market


1 Year Return

-20.0%

SLA

-0.9%

GB Capital Markets

-16.2%

GB Market

Return vs Industry: SLA underperformed the UK Capital Markets industry which returned 0.1% over the past year.

Return vs Market: SLA underperformed the UK Market which returned -14.8% over the past year.


Shareholder returns

SLAIndustryMarket
7 Day-3.0%-2.6%-1.9%
30 Day10.4%-0.2%0.7%
90 Day-8.9%-2.6%-4.8%
1 Year-11.6%-20.0%2.5%-0.9%-13.0%-16.2%
3 Year-26.9%-51.3%20.7%6.3%-9.4%-20.6%
5 Year-17.5%-50.6%60.8%31.5%13.5%-12.0%

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?

0.91x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SLA (£2.4) is trading above our estimate of fair value (£1.74)

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


Price To Earnings Ratio

PE vs Industry: SLA is unprofitable, so we can't compare its PE Ratio to the GB Capital Markets industry average.

PE vs Market: SLA is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SLA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SLA is good value based on its PB Ratio (0.9x) compared to the GB Capital Markets industry average (1.3x).


Next Steps

Future Growth

How is Standard Life Aberdeen forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

85.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SLA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: SLA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SLA's is expected to become profitable in the next 3 years.

Revenue vs Market: SLA's revenue is expected to decline over the next 3 years (-5.2% per year).

High Growth Revenue: SLA's revenue is forecast to decline over the next 3 years (-5.2% 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 (6.6%).


Next Steps

Past Performance

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

-49.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SLA is currently unprofitable.

Growing Profit Margin: SLA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SLA is unprofitable, and losses have increased over the past 5 years at a rate of 49.6% per year.

Accelerating Growth: Unable to compare SLA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SLA is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (0.9%).


Return on Equity

High ROE: SLA has a negative Return on Equity (-15.97%), as it is currently unprofitable.


Next Steps

Financial Health

How is Standard Life Aberdeen's financial position?


Financial Position Analysis

Short Term Liabilities: SLA's short term assets (£3.8B) exceed its short term liabilities (£231.0M).

Long Term Liabilities: SLA's short term assets (£3.8B) exceed its long term liabilities (£3.7B).


Debt to Equity History and Analysis

Debt Level: SLA's debt to equity ratio (12.7%) is considered satisfactory.

Reducing Debt: SLA's debt to equity ratio has reduced from 33% to 12.7% over the past 5 years.

Debt Coverage: SLA's debt is well covered by operating cash flow (36.6%).

Interest Coverage: SLA is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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

9.01%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SLA's dividend (9.01%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).

High Dividend: SLA's dividend (9.01%) is in the top 25% of dividend payers in the UK market (5.32%)


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 increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: SLA is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: SLA's dividends in 3 years are forecast to be covered by earnings (86.3% payout ratio).


Next Steps

Management

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

1.7yrs

Average management tenure


CEO

Stephen Bird (53 yo)

0.083

Tenure

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 2020. Mr. Bird served as the Chief Executive Officer ...


Leadership Team

NamePositionTenureCompensationOwnership
Stephanie Bruce
CFO & Executive Director1.33yrsUK£835.91k0.0060%
£ 310.8k
Roderick Paris
Chief Investment Officer13.75yrsUK£1.16mno data
Stephen Bird
CEO & Director0.083yrno datano data
Michael Tumilty
Chief Operating Officer1.58yrsno datano data
Mark Dixon
CTO & Chief Information Officer10.33yrsno datano data
Jakub Rosochowski
Investor Relations Directorno datano datano data
Rushad Abadan
General Counsel4.75yrsno datano data
Stephen Whitehead
Chief Corporate Affairs Officer1.33yrsno datano data
Jean Guay
Senior Vice President of Sales & Marketing8.92yrsno datano data
Eddy Reynolds
Marketing & Proposition Directorno datano datano data
James Aird
Head of Corporate Developmentno datano datano data
Rosemary Thomson
Chief HR Officer1.67yrsno datano data

1.7yrs

Average Tenure

52.5yo

Average Age

Experienced Management: SLA's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Stephanie Bruce
CFO & Executive Director1.33yrsUK£835.91k0.0060%
£ 310.8k
Stephen Bird
CEO & Director0.083yrno datano data
Jonathan Asquith
Senior Independent Non-Executive Director1.08yrsUK£46.00k0.0021%
£ 107.7k
Douglas Flint
Chairman of the Board1.75yrsUK£476.00k0.0042%
£ 214.4k
Melanie Gee
Independent Non-Executive Director4.92yrsUK£121.00k0.0031%
£ 161.9k
Brian McBride
Non-Executive Director0.42yrno datano data
Jutta af Rosenborg
Independent Non-Executive Director3.17yrsUK£94.00k0.00041%
£ 21.1k
Martin St. Pike
Independent Non-Executive Director7.08yrsUK£131.00k0.0032%
£ 166.5k
John Devine
Independent Non-Executive Director4.25yrsUK£134.00k0.0013%
£ 68.0k
Cecilia Leuzinger
Independent Non-Executive Director1yrUK£24.00kno data
Carolyn Raffaeli
Independent Non-Executive Director2.17yrsUK£152.00k0.00043%
£ 22.2k

1.8yrs

Average Tenure

62yo

Average Age

Experienced Board: SLA's board of directors are not considered experienced ( 1.8 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: 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

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£5.155b
  • Shares outstanding: 2.15b
  • Website: https://www.standardlifeaberdeen.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SLALSE (London Stock Exchange)YesOrdinary SharesGBGBPJul 2006
T3V2DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2006
SLFP.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 2006
SLALBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJul 2006
SLFP.YOTCPK (Pink Sheets LLC)UNSPONSORED ADSUSUSDJun 2008

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 Analysis2020/10/21 20:46
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.