John Wood Group
John Wood Group PLC, together with its subsidiaries, provides project, engineering, and technical services to the energy and industrial markets in the United Kingdom, the United States, and internationally. The last earnings update was 181 days ago. More info.
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- John Wood Group has significant price volatility in the past 3 months.
WG. Share Price and Events
7 Day Returns
1 Year Returns
WG. Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| John Wood Group (WG.) | 3.2% | -4.6% | -15.7% | -15.7% | -10.4% | -30.9% |
| GB Energy Services | 3.3% | -8.7% | -17% | -16.5% | -16.9% | -54% |
| GB Market | 1.5% | 3% | 2.7% | -3% | 20.8% | -3.8% |
1 Year Return vs Industry and Market
- WG. underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -3% over the past year.
Price Volatility
Related Companies
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
John Wood Group
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for John Wood Group.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 12 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 8.2% |
| Perpetual Growth Rate | 10-Year GB Government Bond Rate | 1.2% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year GB Govt Bond Rate | 1.2% |
| Equity Risk Premium | S&P Global | 8.8% |
| Energy Services Unlevered Beta | Simply Wall St/ S&P Global | 0.41 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.41 (1 + (1- 19%) (72.38%)) |
0.65 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.8 * 8.77%) |
8.25% |
Discounted Cash Flow Calculation for LSE:WG. using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for John Wood Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Levered FCF (USD, Millions) | 484.08 | 513.92 | 586.83 | 717.00 | 597.00 |
| Source | Analyst x6 | Analyst x6 | Analyst x4 | Analyst x2 | Analyst x1 |
|
Present Value Discounted (@ 8.25%) |
447.21 | 438.61 | 462.68 | 522.25 | 401.72 |
| Present value of next 5 years cash flows | $2,272.47 |
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= $597.00 × (1 + 1.23%) ÷ (8.25% – 1.23%) |
$8,610.58 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= $8,610.58 ÷ (1 + 8.25%)5 |
$5,794.09 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= $2,272.47 + $5,794.09 |
$8,066.56 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $8,066.56 / 672.51 |
$11.99 |
| Calculation | Result | |
|---|---|---|
| Exchange Rate | USD/GBP
(Reporting currency to currency of LSE:WG.) |
0.773 |
| Value per Share (GBP) |
= Value per Share in USD x Exchange Rate (USD/GBP)
= $11.99 x 0.773 |
£9.28 |
| Value per share (GBP) | From above. | £9.28 |
| Current discount | Discount to share price of
£5.23
= -1 x (£5.23 - £9.28) / £9.28 |
43.6% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- John Wood Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
- John Wood Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for John Wood Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
John Wood Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-06-30) in USD | $-0.15 |
| LSE:WG. Share Price ** | LSE (2019-02-18) in GBP | £5.23 |
| LSE:WG. Share Price converted to USD reporting currency | Exchange rate (GBP/ USD) 1.293 | $6.76 |
| Europe Energy Services Industry PE Ratio | Median Figure of 23 Publicly-Listed Energy Services Companies | 17.87x |
| United Kingdom of Great Britain and Northern Ireland Market PE Ratio | Median Figure of 814 Publicly-Listed Companies | 15.87x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of John Wood Group.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = LSE:WG. Share Price ÷ EPS (both in USD) = 6.76 ÷ -0.15 |
-44.28x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- John Wood Group is loss making, we can't compare its value to the Europe Energy Services industry average.
- John Wood Group is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does
John Wood Group's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -44.28x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts |
40%per year |
| Europe Energy Services Industry PEG Ratio | Median Figure of 19 Publicly-Listed Energy Services Companies | 0.74x |
| United Kingdom of Great Britain and Northern Ireland Market PEG Ratio | Median Figure of 579 Publicly-Listed Companies | 1.26x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for John Wood Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
John Wood Group's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-06-30) in USD | $7.25 |
| LSE:WG. Share Price * | LSE (2019-02-18) in GBP | £5.23 |
| LSE:WG. Share Price converted to USD reporting currency | Exchange rate (GBP/ USD) 1.293 | $6.76 |
| United Kingdom of Great Britain and Northern Ireland Energy Services Industry PB Ratio | Median Figure of 16 Publicly-Listed Energy Services Companies | 0.98x |
| United Kingdom of Great Britain and Northern Ireland Market PB Ratio | Median Figure of 1,362 Publicly-Listed Companies | 1.52x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = LSE:WG. Share Price ÷ Book Value per Share (both in USD) = 6.76 ÷ 7.25 |
0.93x |
* Primary Listing of John Wood Group.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- John Wood Group is good value based on assets compared to the GB Energy Services industry average.
Value checks
We assess John Wood Group's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check) John Wood Group has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- John Wood Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
- John Wood Group's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
- John Wood Group's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| LSE:WG. Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts | 40% |
| LSE:WG. Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts | 4.6% |
| United Kingdom of Great Britain and Northern Ireland Energy Services Industry Earnings Growth Rate | Market Cap Weighted Average | 35.2% |
| United Kingdom of Great Britain and Northern Ireland Energy Services Industry Revenue Growth Rate | Market Cap Weighted Average | 5.6% |
| United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate | Market Cap Weighted Average | 10.2% |
| United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate | Market Cap Weighted Average | 3.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (7 months ago) | See Below |
| Future Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 13,167 | 1 | ||
| 2022-12-31 | 12,545 | 868 | 459 | 2 |
| 2021-12-31 | 12,343 | 825 | 400 | 4 |
| 2020-12-31 | 11,891 | 730 | 356 | 12 |
| 2019-12-31 | 11,381 | 614 | 243 | 12 |
| 2018-12-31 | 10,839 | 608 | 74 | 12 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-06-30 | 8,367 | 415 | -90 |
| 2018-03-31 | 6,881 | 283 | -61 |
| 2017-12-31 | 5,394 | 150 | -32 |
| 2017-09-30 | 4,649 | 154 | -20 |
| 2017-06-30 | 3,904 | 158 | -8 |
| 2017-03-31 | 4,012 | 174 | 10 |
| 2016-12-31 | 4,121 | 190 | 28 |
| 2016-06-30 | 4,505 | 370 | -11 |
| 2016-03-31 | 4,753 | 418 | 27 |
| 2015-12-31 | 5,001 | 466 | 66 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (7 months ago) | See Below |
| Future Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
All data from John Wood Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 1.07 | 1.07 | 1.07 | 1.00 |
| 2022-12-31 | 0.67 | 1.03 | 0.30 | 2.00 |
| 2021-12-31 | 0.67 | 0.90 | 0.24 | 3.00 |
| 2020-12-31 | 0.56 | 0.82 | 0.36 | 8.00 |
| 2019-12-31 | 0.40 | 0.70 | 0.26 | 8.00 |
| 2018-12-31 | 0.17 | 0.58 | 0.05 | 7.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-06-30 | -0.15 |
| 2018-03-31 | -0.12 |
| 2017-12-31 | -0.07 |
| 2017-09-30 | -0.05 |
| 2017-06-30 | -0.02 |
| 2017-03-31 | 0.03 |
| 2016-12-31 | 0.07 |
| 2016-06-30 | -0.03 |
| 2016-03-31 | 0.07 |
| 2015-12-31 | 0.18 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess John Wood Group's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
John Wood Group has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has John Wood Group performed over the past 5 years?
- John Wood Group's last earnings update was 181 days ago.
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- John Wood Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare John Wood Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare John Wood Group's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
All data from John Wood Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-06-30 | 8,366.60 | -89.80 | 612.80 | |
| 2018-03-31 | 6,880.50 | -61.10 | 488.00 | |
| 2017-12-31 | 5,394.40 | -32.40 | 363.20 | |
| 2017-09-30 | 4,648.95 | -20.35 | 314.45 | |
| 2017-06-30 | 3,903.50 | -8.30 | 265.70 | |
| 2017-03-31 | 4,012.05 | 9.75 | 287.30 | |
| 2016-12-31 | 4,120.60 | 27.80 | 308.90 | |
| 2016-06-30 | 4,505.00 | -11.00 | 347.20 | |
| 2016-03-31 | 4,752.80 | 27.25 | 371.15 | |
| 2015-12-31 | 5,000.60 | 65.50 | 395.10 | |
| 2015-06-30 | 6,006.60 | 299.70 | 456.00 | |
| 2015-03-31 | 6,290.35 | 323.80 | 475.90 | |
| 2014-12-31 | 6,574.10 | 347.90 | 495.80 | |
| 2014-09-30 | 6,381.50 | 318.95 | 555.60 | |
| 2014-06-30 | 6,188.90 | 290.00 | 615.40 | |
| 2014-03-31 | 5,971.05 | 275.00 | 603.05 | |
| 2013-12-31 | 5,753.20 | 260.00 | 590.70 | |
| 2013-09-30 | 5,657.00 | 251.75 | 580.95 | |
| 2013-06-30 | 5,560.80 | 243.50 | 571.20 | |
| 2013-03-31 | 5,839.60 | 229.50 | 604.75 | |
| 2012-12-31 | 6,118.40 | 215.50 | 638.30 | |
| 2012-09-30 | 6,332.80 | 166.30 | 646.80 | |
| 2012-06-30 | 6,547.20 | 117.10 | 655.30 | |
| 2012-03-31 | 6,107.00 | 81.60 | 647.90 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if John Wood Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if John Wood Group has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if John Wood Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess John Wood Group's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
John Wood Group has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is John Wood Group's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up John Wood Group's finances.
The net worth of a company is the difference between its assets and liabilities.
- John Wood Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- John Wood Group's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from John Wood Group Company Filings, last reported 7 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-06-30 | 4,857.50 | 3,290.00 | 1,701.00 |
| 2018-03-31 | 4,857.50 | 3,290.00 | 1,701.00 |
| 2017-12-31 | 4,972.00 | 2,929.30 | 1,256.70 |
| 2017-09-30 | 4,972.00 | 2,929.30 | 1,256.70 |
| 2017-06-30 | 2,199.20 | 999.30 | 491.70 |
| 2017-03-31 | 2,199.20 | 999.30 | 491.70 |
| 2016-12-31 | 2,208.20 | 928.60 | 579.50 |
| 2016-06-30 | 2,337.30 | 930.00 | 552.40 |
| 2016-03-31 | 2,337.30 | 930.00 | 552.40 |
| 2015-12-31 | 2,421.00 | 1,171.70 | 851.30 |
| 2015-06-30 | 2,578.30 | 505.40 | 229.80 |
| 2015-03-31 | 2,578.30 | 505.40 | 229.80 |
| 2014-12-31 | 2,559.30 | 509.70 | 156.60 |
| 2014-09-30 | 2,559.30 | 509.70 | 156.60 |
| 2014-06-30 | 2,559.90 | 598.60 | 147.70 |
| 2014-03-31 | 2,559.90 | 598.60 | 147.70 |
| 2013-12-31 | 2,416.30 | 470.30 | 145.00 |
| 2013-09-30 | 2,416.30 | 470.30 | 145.00 |
| 2013-06-30 | 2,269.10 | 372.70 | 155.00 |
| 2013-03-31 | 2,269.10 | 372.70 | 155.00 |
| 2012-12-31 | 2,235.30 | 326.80 | 172.30 |
| 2012-09-30 | 2,235.30 | 326.80 | 172.30 |
| 2012-06-30 | 2,075.10 | 287.50 | 180.10 |
| 2012-03-31 | 2,075.10 | 287.50 | 180.10 |
- John Wood Group's level of debt (67.7%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (16.5% vs 67.7% today).
- Debt is not well covered by operating cash flow (12.6%, less than 20% of total debt).
- John Wood Group is making a loss, therefore interest payments are not well covered by earnings.
Financial health checks
We assess John Wood Group's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) John Wood Group has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is John Wood Group's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
£2,000 of
John Wood Group
shares you are expected to receive
£101
in your first year as a dividend.
Dividend Amount
- John Wood Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.99%).
- John Wood Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.25%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
| United Kingdom of Great Britain and Northern Ireland Energy Services Industry Average Dividend Yield | Market Cap Weighted Average of 5 Stocks | 4.9% |
| United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield | Market Cap Weighted Average of 710 Stocks | 4.2% |
| United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield | 10th Percentile | 1.1% |
| United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield | 25th Percentile | 2% |
| United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield | 75th Percentile | 5.3% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | 0.42 | 2.00 |
| 2021-12-31 | 0.40 | 3.00 |
| 2020-12-31 | 0.37 | 13.00 |
| 2019-12-31 | 0.35 | 13.00 |
| 2018-12-31 | 0.35 | 13.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-03-20 | 0.343 | 4.187 |
| 2017-04-10 | 0.333 | 3.769 |
| 2016-08-16 | 0.313 | 3.177 |
| 2016-02-23 | 0.303 | 3.374 |
| 2015-02-17 | 0.275 | 2.914 |
| 2014-04-08 | 0.220 | 1.956 |
| 2014-02-18 | 0.220 | 1.756 |
| 2013-03-05 | 0.170 | 1.366 |
| 2012-08-21 | 0.170 | 1.324 |
| 2012-03-06 | 0.135 | 1.170 |
| 2011-08-23 | 0.115 | 1.176 |
| 2011-02-21 | 0.141 | 1.147 |
| 2010-03-02 | 0.129 | 1.605 |
| 2009-08-24 | 0.120 | 1.782 |
| 2009-03-03 | 0.116 | 2.274 |
| 2009-02-19 | 0.100 | 2.802 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Dividends per share have increased over the past 10 years.
Income/ dividend checks
We assess John Wood Group's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can John Wood Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) John Wood Group has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $1,430,000 |
| AGE | 50 |
| TENURE AS CEO | 3.1 years |
CEO Bio
Mr. Robin Watson serves as Chief Operating Officer of 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 Group Chief Operating Officer at Production Services Network (UK) Ltd. since April 2015. He has been the Chief Executive of John Wood Group PLC since January 1, 2016 and served as its Chief Operating Officer since April 2015. He has more than 30 years of engineering and industry experience, with the past 11 years spent in a variety of executive positions and being actively engaged with various industry and governmental representative bodies, including as Board Member of Oil and Gas UK and the Oil and Gas Contractors Council, member of the industry's 'Step Change in Safety' Leadership Team and work-group co-chair. He served as the Chief Operating Officer of GE Oil & Gas Pressure Control Canada Inc. from 2015 to December 31, 2015. He served as Head of Wood Group PSN in the UK at John Wood Group PLC. He was the Chief Executive Officer at Wood Group PSN, Inc. from 2012 to April 2015 and Managing Director of Wood Group PSN in the UK, having joined Wood Group in 2010. Mr. Watson served as the Chief Executive Officer of Production Services Network Limited. He served as Managing Director of UK at Production Services Network (UK) Ltd. since August 2011. He served as the Managing Director of Asset Operations Business at Wood Group Engineering (North Sea) Ltd. since October 22, 2010. He was responsible for Wood Group's significant Hess and TAQA Northern North Sea accounts, the Glasgow engineering office and the operations functional support team. He managed duty holder deals with customers such as Centrica, Ithaca and Premier Oil and major North Sea deals with Hess, Talisman and TAQA. Prior to joining Wood Group, he was with Petrofac and Mobil Oil, working both in the UK and internationally. He served as the Head of production for Energy Development Business at Petrofac. He has been an Executive Director of John Wood Group PLC since January 1, 2013. He served as a Director of The United Kingdom Offshore Oil & Gas Industry Association Lim. He was on the Scottish Business Board from 2011 to 2015. He holds a position of visiting professor at the Robert Gordon University and is a 'Global Scot, as accredited by Scotland's First Minister (the leader of the Scottish government). He is passionate about helping the communities in which he works and has a proud track record of community involvement throughout his career. His most recent personal accolades came in 2014, winning the Institute of Director's (IoD) 'Global Director of the Year' award and the IoD Scotland's overall 'Director of the Year' award. Mr. Watson is a Chartered Mechanical Engineer, a Fellow of both the Institution of Mechanical Engineers and the Energy Institute and holds a Masters of Business Administration (MBA) and an Honors' Degree in Offshore & Mechanical Engineering.
CEO Compensation
- Robin's compensation has increased whilst company is loss making.
- Robin's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure
Average tenure of the John Wood Group management team in years:
- The tenure for the John Wood Group management team is about average.
Management Team
Robin Watson
CEO & Executive Director
$1M
50
3.1 yrs
David Kemp
CFO & Executive Director
$845K
47
3.8 yrs
Darren Martin
Chief Technology Officer
0.6 yrs
Andrew Rose
Head of Investor Relations
Martin McIntyre
General Counsel & Company Secretary
3.1 yrs
Sue MacDonald
Executive President of People & Organisation
Tony Dinozzi
Group Head of M&A
19.1 yrs
Carl Catfield
Group Head of Treasury & Taxation
12.5 yrs
Nina Schofield
Executive President of HSSEA
4.5 yrs
Bob MacDonald
Chief Executive Officer of Specialist Technical Solutions
Board of Directors Tenure
Average tenure and age of the John Wood Group board of directors in years:
- The tenure for the John Wood Group board of directors is about average.
Board of Directors
Ian Marchant
Chairman
$275K
57
4.8 yrs
Robin Watson
CEO & Executive Director
$1M
50
6.1 yrs
Roy Franklin
Deputy Chair & Senior Independent Director
$14K
65
1.3 yrs
David Kemp
CFO & Executive Director
$845K
47
3.8 yrs
Jeremy Wilson
Non-Executive Director
$61K
53
7.5 yrs
Tom Botts
Non-Executive Director
$61K
63
6.1 yrs
Jann Brown
Non-executive Director
$64K
62
4.8 yrs
Mary Shafer-Malicki
Non-Executive Director
$56K
57
6.7 yrs
Jacqui Ferguson
Non-Executive Director
$56K
2.2 yrs
Linda Adamany
Non-Executive Director
$17K
66
1.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (£) | Value (£) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 28. Jun 18 | Buy | Janice Brown | Individual | 28. Jun 18 | 28. Jun 18 | 1,271 | £6.49 | £8,249 | ||
| 05. Apr 18 | Sell | Ian McHoul | Individual | 04. Apr 18 | 04. Apr 18 | -40,000 | £5.28 | £-211,200 | ||
| 28. Mar 18 | Buy | Janice Brown | Individual | 28. Mar 18 | 28. Mar 18 | 1,443 | £5.31 | £7,662 | ||
Management checks
We assess John Wood Group's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) John Wood Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
How Many Insiders Sold John Wood Group PLC (LON:WG.) Shares?
So we'll take a look at whether insiders have been buying or selling shares in John Wood Group PLC (LON:WG.). … The Last 12 Months Of Insider Transactions At John Wood Group. … In the last twelve months, the biggest single sale by an insider was when Ian McHoul sold UK£211k worth of shares at a price of UK£5.28 per share.
Simply Wall St - – Full articleDoes John Wood Group PLC's (LON:WG.) CEO Pay Reflect Performance?
First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Robin Watson's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that John Wood Group PLC has a market cap of UK£3.7b, and is paying total annual CEO compensation of US$1.4m.
Simply Wall St - – Full articleDoes John Wood Group PLC's (LON:WG.) Debt Level Pose A Problem?
Mid-caps stocks, like John Wood Group PLC (LON:WG.) with a market capitalization of UK£4.3b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks. … WG.’s financial liquidity and debt position will be analysed in this article, to get an idea of whether the company can fund opportunities for strategic growth and maintain strength through economic downturns. … See our latest analysis for John Wood Group
Simply Wall St - – Full articleIs John Wood Group PLC's (LON:WG.) CEO Incentives Align With Yours?
First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Robin Watson's Compensation Compare With Similar Sized Companies. … A first glance this seems like a real positive for shareholders, since Robin Watson is paid less than the average compensation paid by similar sized companies.
Simply Wall St - – Full articleDoes John Wood Group PLC's (LON:WG.) Debt Level Pose A Problem?
Stocks with market capitalization between $2B and $10B, such as John Wood Group PLC (LON:WG.) with a size of US$4.43b, do not attract as much attention from the investing community as do the small-caps and large-caps. … Don’t forget that this is a general and concentrated examination of John Wood Group’s financial health, so you should conduct further analysis. … View out our latest analysis for John Wood Group
Simply Wall St - – Full articleIs John Wood Group PLC (LON:WG.) A Smart Pick For Income Investors?
See our latest analysis for John Wood Group How I analyze a dividend stock If you are a dividend investor, you should always assess these five key metrics: Is their annual yield among the top 25% of dividend payers? … Historical Dividend Yield May 16th 18 How well does John Wood Group fit our criteria? … Relative to peers, John Wood Group has a yield of 3.54%, which is high for Energy Services stocks but still below the market's top dividend payers.Next Steps: Taking all the above into account, John Wood Group is a complicated pick for dividend investors given that there are a couple of positive things about it as well as negative.
Simply Wall St - – Full articleIs John Wood Group PLC's (LON:WG.) Balance Sheet A Threat To Its Future?
Check out our latest analysis for John Wood Group How does WG.’s operating cash flow stack up against its debt? … has generated US$150.40M in operating cash flow during the same period of time, resulting in an operating cash to total debt ratio of 5.13%, signalling that WG.’s current level of operating cash is not high enough to cover debt. … Next Steps: WG.’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.
Simply Wall St - – Full articleWhat You Must Know About John Wood Group PLC's (LON:WG.) Major Investors
Today, I will be analyzing John Wood Group PLC’s (LSE:WG.) recent ownership structure, an important but not-so-popular subject among individual investors. … Ownership_summary Mar 29th 18 Institutional Ownership WG.'s 88.72% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital.
Simply Wall St - – Full articleIs There Now An Opportunity In John Wood Group PLC (LON:WG.)?
Let’s take a look at John Wood Group’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. … Great news for investors – John Wood Group is still trading at a fairly cheap price. … Another thing to keep in mind is that John Wood Group’s share price is quite stable relative to the rest of the market, as indicated by its low beta.
Simply Wall St - – Full articleHow Does John Wood Group PLC (LON:WG.) Affect Your Portfolio Returns?
Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … WG.’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.
Simply Wall St - – Full articleCompany Info
Map
Description
John Wood Group PLC, together with its subsidiaries, provides project, engineering, and technical services to the energy and industrial markets in the United Kingdom, the United States, and internationally. It operates in five segments: Asset Solutions Europe, Africa, Asia, Australia; Assets Solutions Americas; Specialist Technical Solutions; Environment and Infrastructure Solutions; and Investment Services. The company offers project and modification services, including onshore, engineering, project management, repair order, construction, commissioning, fabrication, and other solutions; and operations and maintenance services. It also provides industrial services, such as access and containment, rope access, rope access training, insulation, painting and protective coating, safezone positive pressure habitat, heat treatment, composite wrap, industrial cleaning, asbestos remediation, building construction and civil engineering, passive fire protection, and mechanical and piping support services, as well as electrical, control, and instrumentation services. In addition, the company offers pipeline services comprising surveying, environmental permitting, pipeline mapping, MAOP validation, land and right-of-way, management and inspection, asset integrity, GIS, pipeline engineering, and pipeline construction management services; and decommissioning services. Further, it provides subsea services that include pipeline services, risers and floating systems, systems and controls, subsea services, subsea support, subsea structures, flow assurance, subsea EPF, marine terminals, and subsea power cables; automation and control services; and asset integrity solutions. Additionally, the company offers clean energy services to onshore and offshore wind, solar, wave and tidal, and hydro projects; and digital solutions, as well as conducts various studies. John Wood Group PLC is based in Aberdeen, the United Kingdom.
Details
| Name: | John Wood Group PLC |
| WG. | |
| Exchange: | LSE |
| Founded: | |
| £3,515,872,582 | |
| 672,508,145 | |
| Website: | http://www.woodplc.com |
| Address: |
John Wood Group PLC 15 Justice Mill Lane, Aberdeen, Aberdeenshire, AB11 6EQ, United Kingdom |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| LSE | WG. | Ordinary Shares | London Stock Exchange | GB | GBP | 29. May 2002 | |
| OTCPK | WDGJ.F | Ordinary Shares | Pink Sheets LLC | US | USD | 29. May 2002 | |
| DB | JWG1 | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 29. May 2002 | |
| BATS-CHIXE | WGL | Ordinary Shares | BATS 'Chi-X Europe' | GB | GBP | 29. May 2002 | |
| OTCPK | WDGJ.Y | UNSPONSORED ADR | Pink Sheets LLC | US | USD | 17. Oct 2008 |
Number of employees
Current staff
Industry
| Oil and Gas Equipment and Services | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/02/18 20:39 |
| End of day share price update: | 2019/02/18 00:00 |
| Last estimates confirmation: | 2019/02/07 |
| Last earnings filing: | 2018/08/21 |
| Last earnings reported: | 2018/06/30 |
| Last annual earnings reported: | 2017/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
