LSE:STJ

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Executive Summary

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

Rewards


Snowflake Analysis


Similar Companies

Share Price & News

How has St. James's Place's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: STJ's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

10.2%

STJ

-1.2%

GB Capital Markets

2.0%

GB Market


1 Year Return

-12.2%

STJ

9.7%

GB Capital Markets

-12.8%

GB Market

Return vs Industry: STJ underperformed the UK Capital Markets industry which returned 9.7% over the past year.

Return vs Market: STJ matched the UK Market which returned -12.5% over the past year.


Shareholder returns

STJIndustryMarket
7 Day10.2%-1.2%2.0%
30 Day13.2%8.4%5.7%
90 Day-8.3%1.2%-8.2%
1 Year-8.2%-12.2%12.2%9.7%-8.6%-12.8%
3 Year-12.5%-23.0%57.2%46.0%-6.2%-17.6%
5 Year23.5%1.9%127.6%102.2%12.7%-12.5%

Price Volatility Vs. Market

How volatile is St. James's Place's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

33.3x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: STJ (£9.19) is trading above our estimate of fair value (£6.19)

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 (33.3x) compared to the Capital Markets industry average (15.4x).

PE vs Market: STJ is poor value based on its PE Ratio (33.3x) compared to the UK market (14.7x).


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 (5.2x) compared to the GB Capital Markets industry average (1.6x).

Future Growth

How is St. James's Place forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

14.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: STJ's forecast earnings growth (14.9% per year) is above the savings rate (1.2%).

Earnings vs Market: STJ's earnings (14.9% per year) are forecast to grow slower than the UK market (20.3% 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 (-146.4% per year).

High Growth Revenue: STJ's revenue is forecast to decline over the next 3 years (-146.4% 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 (23.3%)

Past Performance

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

-5.1%

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 higher than last year (-6.4%).


Past Earnings Growth Analysis

Earnings Trend: STJ's earnings have declined by -5.1% 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 (-15.5%) over the past year, making it difficult to compare to the Capital Markets industry average (16.4%).


Return on Equity

High ROE: STJ's Return on Equity (15.5%) is considered low.

Financial Health

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


Financial Position Analysis

Short Term Liabilities: STJ's short term assets (£10.5B) exceed its short term liabilities (£7.3B).

Long Term Liabilities: STJ's short term assets (£10.5B) do not cover its long term liabilities (£109.1B).


Debt to Equity History and Analysis

Debt Level: STJ's debt to equity ratio (51.2%) is considered high.

Reducing Debt: STJ's debt to equity ratio has increased from 8.9% to 51.2% over the past 5 years.

Debt Coverage: STJ's debt is well covered by operating cash flow (75.3%).

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's current dividend yield, its reliability and sustainability?

4.19%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: STJ's dividend (4.19%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).

High Dividend: STJ's dividend (4.19%) is low compared to the top 25% of dividend payers in the UK market (5.68%).


Stability and Growth of Payments

Stable Dividend: STJ's dividends per share have been stable 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 (139.5%), 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 (86.8% payout ratio).

Management

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

2.3yrs

Average management tenure


CEO

Andrew Croft (54yo)

2.33yrs

Tenure

UK£1,553,569

Compensation

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


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD1.92M) is below average for companies of similar size in the UK market ($USD3.36M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Croft
CEO, Executive Director & Member of Executive Board2.33yrsUK£1.55m0.14% £6.7m
Craig Gentle
CFO, Executive Director & Member of Executive Board2.33yrsUK£919.96k0.0097% £474.7k
Ian Gascoigne
MD, Executive Director & Member of Executive Board17.33yrsUK£1.36m0.14% £7.0m
Nathaniel Rothschild
no datano datano data
Iain Rayner
Joint COO & Member of Executive Board Committeeno datano data0.010% £496.3k
Ian MacKenzie
Chief Operations & Technology Officer and Member of Executive Board6.33yrsno data0.031% £1.5m
Elizabeth Kelly
Company Secretary0.33yrno datano data
Robert Gardner
Director of Investment Management & Member of Executive Board1yrno datano data
Jamie Dunkley
External Communications Directorno datano datano data
Andrew Humphries
Head of Investment Mktgno datano datano data

2.3yrs

Average Tenure

54yo

Average Age

Experienced Management: STJ's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrew Croft
CEO, Executive Director & Member of Executive Board2.33yrsUK£1.55m0.14% £6.7m
Craig Gentle
CFO, Executive Director & Member of Executive Board2.33yrsUK£919.96k0.0097% £474.7k
Ian Gascoigne
MD, Executive Director & Member of Executive Board17.33yrsUK£1.36m0.14% £7.0m
Roger Yates
Senior Independent Director1.58yrsUK£95.38k0.0056% £275.6k
Iain Charles Cornish
Chairman1.58yrsUK£236.80k0.0012% £59.8k
Simon John Jeffreys
Independent Non-Executive Director6.33yrsUK£91.32k0.0034% £168.7k
Patience Wheatcroft
Independent Non-executive Director8yrsUK£68.82k0.00047% £23.0k
Rosemary Hilary
Independent Non-Executive Director0.58yrUK£13.86kno data
Emma Griffin
Independent Non-Executive Director0.17yrno datano data
Dame Morrissey
Independent Non Executive Director0.33yrno datano data

2.0yrs

Average Tenure

60.5yo

Average Age

Experienced Board: STJ's board of directors are not considered experienced ( 2 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 company bio, 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£4.904b
  • Shares outstanding: 533.74m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
STJLSE (London Stock Exchange)YesOrdinary SharesGBGBPAug 1996
STJP.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDAug 1996
STJLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPAug 1996
1IVDB (Deutsche Boerse AG)YesOrdinary SharesDEEURAug 1996

Biography

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. The firm was formerly known as St. James's Place Capital plc. St. James's Place plc was founded in 1991 and is based in Cirencester, United Kingdom.  


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 20:48
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
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.