Just Group plc provides various financial services in the retirement income market in the United Kingdom. More Details
Undervalued with adequate balance sheet.
Share Price & News
How has Just Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JUST is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: JUST's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: JUST exceeded the UK Insurance industry which returned 44.8% over the past year.
Return vs Market: JUST exceeded the UK Market which returned 23.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Just Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StInvestors Who Bought Just Group (LON:JUST) Shares A Year Ago Are Now Up 93%
2 months ago | Simply Wall StWhat You Need To Know About Just Group plc's (LON:JUST) Investor Composition
4 months ago | Simply Wall StReflecting on Just Group's (LON:JUST) Share Price Returns Over The Last Three Years
Is Just Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JUST (£1.05) is trading below our estimate of fair value (£2.2)
Significantly Below Fair Value: JUST is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JUST is good value based on its PE Ratio (6.5x) compared to the GB Insurance industry average (16.2x).
PE vs Market: JUST is good value based on its PE Ratio (6.5x) compared to the UK market (26.3x).
Price to Earnings Growth Ratio
PEG Ratio: JUST is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: JUST is good value based on its PB Ratio (0.4x) compared to the GB Insurance industry average (1.4x).
How is Just Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JUST's forecast earnings growth (4.9% per year) is above the savings rate (1%).
Earnings vs Market: JUST's earnings (4.9% per year) are forecast to grow slower than the UK market (17.9% per year).
High Growth Earnings: JUST's earnings are forecast to grow, but not significantly.
Revenue vs Market: JUST's revenue is expected to decline over the next 3 years (-15.4% per year).
High Growth Revenue: JUST's revenue is forecast to decline over the next 3 years (-15.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JUST's Return on Equity is forecast to be low in 3 years time (6%).
How has Just Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JUST has high quality earnings.
Growing Profit Margin: JUST's current net profit margins (3.6%) are lower than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: JUST's earnings have grown significantly by 25.7% per year over the past 5 years.
Accelerating Growth: JUST's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JUST had negative earnings growth (-42.2%) over the past year, making it difficult to compare to the Insurance industry average (-13%).
Return on Equity
High ROE: JUST's Return on Equity (7.7%) is considered low.
How is Just Group's financial position?
Financial Position Analysis
Short Term Liabilities: JUST's short term assets (£28.0B) exceed its short term liabilities (£1.5B).
Long Term Liabilities: JUST's short term assets (£28.0B) exceed its long term liabilities (£24.2B).
Debt to Equity History and Analysis
Debt Level: JUST's debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: JUST's debt to equity ratio has increased from 17.8% to 34.1% over the past 5 years.
Debt Coverage: JUST's debt is well covered by operating cash flow (111.4%).
Interest Coverage: JUST's interest payments on its debt are not well covered by EBIT (2.6x coverage).
What is Just Group current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JUST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JUST'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 JUST's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JUST's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: JUST is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JUST's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Richardson (48 yo)
Mr. David Louis Richardson, FIA, CFA, serves as Group Chief Executive Officer at Just Group Plc and at Group's insurance subsidiaries, Just Retirement Limited and Partnership Life Assurance Company Limited...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD2.09M) is above average for companies of similar size in the UK market ($USD1.47M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: JUST's management team is considered experienced (2.9 years average tenure).
Experienced Board: JUST's board of directors are considered experienced (5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Just Group plc's company bio, employee growth, exchange listings and data sources
- Name: Just Group plc
- Ticker: JUST
- Exchange: LSE
- Founded: 2004
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: UK£1.122b
- Shares outstanding: 1.04b
- Website: https://www.justgroupplc.co.uk
Number of Employees
- Just Group plc
- Enterprise House
- Bancroft Road
- RH2 7RP
- United Kingdom
Just Group plc provides various financial services in the retirement income market in the United Kingdom. It offers de-risking solutions, guaranteed income for life, secure lifetime income, care plans, lif...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/19 18:16|
|End of Day Share Price||2021/04/19 00:00|
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.