STJ

St. James's PlaceLSE:STJ Stock Report

Market Cap

UK£8.7b

7D

-1.8%

1Y

63.9%

Updated

17 Sep, 2021

Data

Company Financials +
STJ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance3/6
Financial Health1/6
Dividends3/6

STJ Overview

St. James's Place plc is a publicly owned investment manager.

St. James's Place Competitors

Price History & Performance

Summary of all time highs, changes and price drops for St. James's Place
Historical stock prices
Current Share PriceUK£16.14
52 Week HighUK£8.80
52 Week LowUK£16.97
Beta1.24
1 Month Change-0.46%
3 Month Change11.05%
1 Year Change63.87%
3 Year Change41.23%
5 Year Change65.91%
Change since IPO1,733.52%

Recent News & Updates

Shareholder Returns

STJGB Capital MarketsGB Market
7D-1.8%-0.7%-1.0%
1Y63.9%11.7%19.2%

Return vs Industry: STJ exceeded the UK Capital Markets industry which returned 14.1% over the past year.

Return vs Market: STJ exceeded the UK Market which returned 19.4% over the past year.

Price Volatility

Is STJ's price volatile compared to industry and market?
STJ volatility
STJ Beta1.24
Industry Beta0.78
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
19912,818Andrew Crofthttps://www.sjp.co.uk

St. James's Place plc is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in public equity and fixed income market across the globe.

Valuation

Is St. James's Place undervalued compared to its fair value and its price relative to the market?

42.4x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: STJ (£16.14) is trading above our estimate of fair value (£14.68)

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


Price To Earnings Ratio

PE vs Industry: STJ is poor value based on its PE Ratio (42.4x) compared to the UK Capital Markets industry average (14.2x).

PE vs Market: STJ is poor value based on its PE Ratio (42.4x) compared to the UK market (23.8x).


Price to Earnings Growth Ratio

PEG Ratio: STJ is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: STJ is overvalued based on its PB Ratio (8.7x) compared to the GB Capital Markets industry average (1.9x).


Future Growth

How is St. James's Place forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

19.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: STJ's forecast earnings growth (19.6% per year) is above the savings rate (0.9%).

Earnings vs Market: STJ's earnings (19.6% per year) are forecast to grow faster than the UK market (13.3% per year).

High Growth Earnings: STJ's earnings are forecast to grow, but not significantly.

Revenue vs Market: STJ's revenue is expected to decline over the next 3 years (-44.4% per year).

High Growth Revenue: STJ's revenue is forecast to decline over the next 3 years (-44.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: STJ's Return on Equity is forecast to be high in 3 years time (37.5%)


Past Performance

How has St. James's Place performed over the past 5 years?

12.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: STJ has high quality earnings.

Growing Profit Margin: STJ's current net profit margins (0.9%) are lower than last year (32.2%).


Past Earnings Growth Analysis

Earnings Trend: STJ's earnings have grown by 12.8% per year over the past 5 years.

Accelerating Growth: STJ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: STJ had negative earnings growth (-26.6%) over the past year, making it difficult to compare to the Capital Markets industry average (36.8%).


Return on Equity

High ROE: STJ's Return on Equity (20.6%) is considered high.


Financial Health

How is St. James's Place's financial position?


Financial Position Analysis

Short Term Liabilities: STJ's short term assets (£10.2B) exceed its short term liabilities (£2.0B).

Long Term Liabilities: STJ's short term assets (£10.2B) do not cover its long term liabilities (£142.1B).


Debt to Equity History and Analysis

Debt Level: STJ's debt to equity ratio (58.1%) is considered high.

Reducing Debt: STJ's debt to equity ratio has increased from 29.8% to 58.1% over the past 5 years.

Debt Coverage: STJ's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if STJ's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is St. James's Place current dividend yield, its reliability and sustainability?

3.10%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: STJ's dividend (3.1%) is higher than the bottom 25% of dividend payers in the UK market (1.32%).

High Dividend: STJ's dividend (3.1%) is low compared to the top 25% of dividend payers in the UK market (3.94%).


Stability and Growth of Payments

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

Growing Dividend: STJ's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (130.7%), STJ's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: STJ's dividends in 3 years are forecast to be covered by earnings (73.3% payout ratio).


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

Andrew Croft (56 yo)

3.67yrs

Tenure

UK£792,252

Compensation

Mr. Andrew Croft has been the Chief Executive Officer of St. James’s Place plc since January 1, 2018 and serves as its Executive Director since September 1, 2004. Mr. Croft also serves as Member of Executi...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD1.09M) is below average for companies of similar size in the UK market ($USD3.69M).

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


Leadership Team

Experienced Management: STJ's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: STJ's board of directors are not considered experienced ( 2.9 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: STJ 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

St. James's Place plc's employee growth, exchange listings and data sources


Key Information

  • Name: St. James's Place plc
  • Ticker: STJ
  • Exchange: LSE
  • Founded: 1991
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£8.682b
  • Shares outstanding: 538.11m
  • Website: https://www.sjp.co.uk

Number of Employees


Location

  • St. James's Place plc
  • St. James’s Place House
  • 1 Tetbury Road
  • Cirencester
  • Gloucestershire
  • GL7 1FP
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:26
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
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.