AIM:PGH

Stock Analysis Report

Personal Group Holdings

Executive Summary

Personal Group Holdings Plc provides short-term accident and health insurance, and employee services in the United Kingdom.

Snowflake

Fundamentals

Excellent balance sheet established dividend payer.

Risks

  • Personal Group Holdings is covered by less than 3 analysts.

Share Price & News

How has Personal Group Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.3%

AIM:PGH

-1.2%

GB Insurance

1.1%

GB Market


1 Year Return

-19.5%

AIM:PGH

-15.2%

GB Insurance

-4.8%

GB Market

PGH underperformed the Insurance industry which returned -15.2% over the past year.

PGH underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -4.8% over the past year.


Share holder returns

PGHIndustryMarket
7 Day-1.3%-1.2%1.1%
30 Day-3.5%-12.7%-3.5%
90 Day-17.8%-7.7%-0.7%
1 Year-14.9%-19.5%-10.6%-15.2%-0.3%-4.8%
3 Year-3.0%-19.0%16.6%-0.3%19.4%5.3%
5 Year-7.3%-28.3%23.7%-2.5%27.8%0.9%

Price Volatility Vs. Market

How volatile is Personal Group Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Personal Group Holdings undervalued based on future cash flows and its price relative to the stock market?

19%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Personal Group Holdings's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Personal Group Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Personal Group Holdings is good value based on earnings compared to the GB Insurance industry average.

Personal Group Holdings is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Personal Group Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Personal Group Holdings is overvalued based on assets compared to the GB Insurance industry average.


Next Steps

Future Growth

How is Personal Group Holdings expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

10.1%

Forecasted Insurance industry annual growth in earnings


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Personal Group Holdings is high growth as no revenue estimate data is available.

Unable to determine if Personal Group Holdings is high growth as no earnings estimate data is available.

Unable to compare Personal Group Holdings's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.

Unable to compare Personal Group Holdings's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.

Unable to compare Personal Group Holdings's earnings growth to the low risk savings rate as no estimate data is available.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Personal Group Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Personal Group Holdings performed over the past 5 years?

13.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Personal Group Holdings's year on year earnings growth rate has been positive over the past 5 years.

Personal Group Holdings's 1-year earnings growth is less than its 5-year average (4.6% vs 13.1%)

Personal Group Holdings's earnings growth has not exceeded the GB Insurance industry average in the past year (4.6% vs 12.6%).


Return on Equity

Personal Group Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Personal Group Holdings used its assets more efficiently than the GB Insurance industry average last year based on Return on Assets.


Return on Capital Employed

Personal Group Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Personal Group Holdings's financial position?


Financial Position Analysis

Personal Group Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Personal Group Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Personal Group Holdings's level of debt (0%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Personal Group Holdings's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (7.4984933795716E+18%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 65.2x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 3.1606262184885E+17x debt.


Next Steps

Dividend

What is Personal Group Holdings's current dividend yield, its reliability and sustainability?

6.02%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Personal Group Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.07%).

Personal Group Holdings's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.66%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Personal Group Holdings's salary, the management and board of directors tenure and is there insider trading?

5.1yrs

Average management tenure


CEO

Deborah Rees-Frost (53yo)

0.5yrs

Tenure

UK£40,000

Compensation

Ms. Deborah Karen Rees-Frost has been Chief Executive Officer of Personal Group Holdings Plc since February 28, 2019. Ms. Rees-Frost co-founded Innecto in 2002. She is a Reward and Performance expert. She  ...


Management Age and Tenure

5.1yrs

Average Tenure

51yo

Average Age

The average tenure for the Personal Group Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

3.3yrs

Average Tenure

56yo

Average Age

The tenure for the Personal Group Holdings board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUK£783,57004 Oct 18
Mark Scanlon
EntityIndividual
Shares150,000
Max PriceUK£5.22
SellUK£156,41804 Oct 18
Michael Dugdale
EntityIndividual
Role
Member of the Board of Directors
CFO & Director
Shares29,689
Max PriceUK£5.35

Ownership Breakdown


Management Team

  • Ashley Doody (49yo)

    Chief Information Officer

    • Tenure: 6.3yrs
  • Rebekah Tapping

    Human Resources Director

    • Tenure: 4.6yrs
  • Mike Dugdale (56yo)

    CFO & Director

    • Tenure: 6.6yrs
    • Compensation: UK£367.00k
  • Andy Lothian (47yo)

    Executive Director & MD of Personal Group Benefits Ltd

    • Tenure: 2.0yrs
    • Compensation: UK£162.00k
  • Deborah Rees-Frost (53yo)

    CEO & Director

    • Tenure: 0.5yrs
    • Compensation: UK£40.00k
  • Sarah Mace

    Group Financial Controller

    • Tenure: 5.3yrs
  • Philip Dennis

    Investor Relations Professional

    • Tenure: 0.0yrs
  • Lee Williams

    Chief Commercial Officer

    • Tenure: 0.6yrs

Board Members

  • Bob Head (61yo)

    Non-Executive Director

    • Tenure: 2.8yrs
    • Compensation: UK£40.00k
  • Ken Rooney (69yo)

    Non-Executive Deputy Chairman

    • Tenure: 4.6yrs
    • Compensation: UK£40.00k
  • Mark Winlow (57yo)

    Chairman of the Board

    • Tenure: 3.3yrs
    • Compensation: UK£76.00k
  • Mike Dugdale (56yo)

    CFO & Director

    • Tenure: 6.6yrs
    • Compensation: UK£367.00k
  • Andy Lothian (47yo)

    Executive Director & MD of Personal Group Benefits Ltd

    • Tenure: 2.0yrs
    • Compensation: UK£162.00k
  • Maria Darby-Walker

    Non-Executive Director

    • Tenure: 0.2yrs
  • Deborah Rees-Frost (53yo)

    CEO & Director

    • Tenure: 0.5yrs
    • Compensation: UK£40.00k
  • Sarah Mace

    Group Financial Controller

    • Tenure: 5.3yrs
  • Maria Walker (54yo)

    Director

    • Tenure: 0.2yrs

Company Information

Personal Group Holdings Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Personal Group Holdings Plc
  • Ticker: PGH
  • Exchange: AIM
  • Founded: 1984
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: UK£121.398m
  • Shares outstanding: 31.13m
  • Website: https://www.personalgroup.com

Number of Employees


Location

  • Personal Group Holdings Plc
  • John Ormond House
  • 899 Silbury Boulevard
  • Milton Keynes
  • Buckinghamshire
  • MK9 3XL
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PGHAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPNov 2000

Biography

Personal Group Holdings Plc provides short-term accident and health insurance, and employee services in the United Kingdom. It operates through four segments: Core Insurance, IT Salary Sacrifice, SaaS, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 20:39
End of Day Share Price2019/08/22 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.