John Wood Group
Market Cap
UK£1.5b
Last Updated
2020/10/20 22:08 UTC
Data Sources
Company Financials +
Executive Summary
John Wood Group PLC, together with its subsidiaries, provides project management, engineering, consulting, and technical services to energy and built environment worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has John Wood Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WG. has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
4.4%
WG.
4.0%
GB Energy Services
-1.0%
GB Market
1 Year Return
-37.1%
WG.
-48.2%
GB Energy Services
-14.8%
GB Market
Return vs Industry: WG. exceeded the UK Energy Services industry which returned -48.8% over the past year.
Return vs Market: WG. underperformed the UK Market which returned -14.5% over the past year.
Shareholder returns
| WG. | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.4% | 4.0% | -1.0% |
| 30 Day | -4.6% | -5.1% | -1.6% |
| 90 Day | -1.6% | -10.5% | -3.6% |
| 1 Year | -37.1%-37.1% | -48.0%-48.2% | -11.6%-14.8% |
| 3 Year | -64.8%-68.2% | -63.2%-66.2% | -8.9%-20.2% |
| 5 Year | -55.2%-62.5% | -66.4%-71.5% | 16.2%-10.0% |
Price Volatility Vs. Market
How volatile is John Wood Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Here's What We Learned About The CEO Pay At John Wood Group PLC (LON:WG.)2 weeks ago | Simply Wall St
Are John Wood Group's (LON:WG.) Statutory Earnings A Good Reflection Of Its Earnings Potential?1 month ago | Simply Wall St
Here's Why John Wood Group (LON:WG.) Has A Meaningful Debt BurdenValuation
Is John Wood Group undervalued compared to its fair value and its price relative to the market?
2.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WG. (£2.22) is trading below our estimate of fair value (£2.27)
Significantly Below Fair Value: WG. is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: WG. is poor value based on its PE Ratio (44.6x) compared to the XE Energy Services industry average (17.7x).
PE vs Market: WG. is poor value based on its PE Ratio (44.6x) compared to the UK market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: WG. is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: WG.'s PB Ratio (0.5x) is in line with the GB Energy Services industry average.
Next Steps
Future Growth
How is John Wood Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
46.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WG.'s forecast earnings growth (46% per year) is above the savings rate (1.2%).
Earnings vs Market: WG.'s earnings (46% per year) are forecast to grow faster than the UK market (24.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WG.'s revenue (2.4% per year) is forecast to grow slower than the UK market (6% per year).
High Growth Revenue: WG.'s revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WG.'s Return on Equity is forecast to be low in 3 years time (6.8%).
Next Steps
Past Performance
How has John Wood Group performed over the past 5 years?
-23.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WG. has a large one-off loss of $108.3M impacting its June 30 2020 financial results.
Growing Profit Margin: WG.'s current net profit margins (0.5%) are lower than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: WG.'s earnings have declined by 23.3% per year over the past 5 years.
Accelerating Growth: WG.'s has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WG. had negative earnings growth (-25.6%) over the past year, making it difficult to compare to the Energy Services industry average (-28.6%).
Return on Equity
High ROE: WG.'s Return on Equity (1.2%) is considered low.
Next Steps
Financial Health
How is John Wood Group's financial position?
Financial Position Analysis
Short Term Liabilities: WG.'s short term assets ($2.9B) do not cover its short term liabilities ($3.1B).
Long Term Liabilities: WG.'s short term assets ($2.9B) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: WG.'s debt to equity ratio (44.4%) is considered high.
Reducing Debt: WG.'s debt to equity ratio has increased from 19.9% to 44.4% over the past 5 years.
Debt Coverage: WG.'s debt is well covered by operating cash flow (35.5%).
Interest Coverage: WG.'s interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
Next Steps
Dividend
What is John Wood Group current dividend yield, its reliability and sustainability?
3.16%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WG.'s dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WG.'s dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WG.'s dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WG.'s dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: WG. is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WG.'s dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Robin Watson (52 yo)
4.75yrs
Tenure
US$1,690,000
Compensation
Mr. Robin Watson serves as Chief Operating Officer at Wood Group Mustang, Inc. Mr. Watson served as Chief Executive Officer GE Oil & Gas Pressure Control Canada Inc. since January 1, 2016. He has been Grou ...
CEO Compensation Analysis
Compensation vs Market: Robin's total compensation ($USD2.90M) is above average for companies of similar size in the UK market ($USD1.73M).
Compensation vs Earnings: Robin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.75yrs | US$1.69m | 0.052% $ 773.3k | |
| CFO & Executive Director | 5.42yrs | US$1.00m | 0.012% $ 176.2k | |
| Chief Technology Officer | 2.25yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Company Secretary | 4.75yrs | no data | no data | |
| Executive President of People & Organisation | no data | no data | 0.014% $ 201.4k | |
| Group Head of M&A | 20.75yrs | no data | no data | |
| Group Head of Treasury & Taxation | 14.17yrs | no data | no data | |
| Executive President of HSSEA | 6.17yrs | no data | 0.013% $ 187.4k | |
| Chief Financial Officer for Specialist Technical Solutions Business | 3.5yrs | no data | no data | |
| Executive President of Strategy & Development of Global Business - Australia | 1yr | no data | no data | |
| Chief Executive Officer of Technical Consulting Solutions | 2.75yrs | no data | no data |
4.8yrs
Average Tenure
50yo
Average Age
Experienced Management: WG.'s management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.75yrs | US$1.69m | 0.052% $ 773.3k | |
| CFO & Executive Director | 5.42yrs | US$1.00m | 0.012% $ 176.2k | |
| Independent Chairman of the Board | 1.08yrs | US$138.40k | 0.0022% $ 33.2k | |
| Senior Independent Director | 0.33yr | no data | no data | |
| Independent Non-Executive Director | 8.33yrs | US$57.00k | 0.00051% $ 7.6k | |
| Independent Non-Executive Director | 1.42yrs | US$39.80k | 0.00030% $ 4.5k | |
| Independent Non-Executive Director | 7.75yrs | US$67.00k | 0.0013% $ 18.9k | |
| Independent Non-Executive Director | 3.83yrs | US$57.00k | 0.00097% $ 14.5k | |
| Independent Non-Executive Director | 0.58yr | no data | no data |
3.8yrs
Average Tenure
57yo
Average Age
Experienced Board: WG.'s board of directors are considered experienced (3.8 years average tenure).
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
John Wood Group PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: John Wood Group PLC
- Ticker: WG.
- Exchange: LSE
- Founded:
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: UK£1.490b
- Shares outstanding: 671.39m
- Website: https://www.woodplc.com
Number of Employees
Location
- John Wood Group PLC
- 15 Justice Mill Lane
- Aberdeen
- Aberdeenshire
- AB11 6EQ
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WDGJ.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | May 2002 |
| WG. | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | May 2002 |
| JWG1 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | May 2002 |
| WGL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | May 2002 |
| WDGJ.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Oct 2008 |
Biography
John Wood Group PLC, together with its subsidiaries, provides project management, engineering, consulting, and technical services to energy and built environment worldwide. It operates through four segment ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/20 22:08 |
| End of Day Share Price | 2020/10/20 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.