Just Group plc

LSE:JUST Stock Report

Market Cap: UK£1.5b

Just Group Valuation

Is JUST undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of JUST when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate JUST's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate JUST's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JUST?

Key metric: As JUST is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for JUST. This is calculated by dividing JUST's market cap by their current earnings.
What is JUST's PE Ratio?
PE Ratio16.5x
EarningsUK£89.00m
Market CapUK£1.47b

Price to Earnings Ratio vs Peers

How does JUST's PE Ratio compare to its peers?

The above table shows the PE ratio for JUST vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average39.5x
LGEN Legal & General Group
46x28.0%UK£12.9b
CSN Chesnara
76.3x11.8%UK£381.3m
HSD Hansard Global
11.8xn/aUK£61.3m
PRU Prudential
24.1x28.4%UK£16.9b
JUST Just Group
16.5x8.2%UK£1.5b

Price-To-Earnings vs Peers: JUST is good value based on its Price-To-Earnings Ratio (16.5x) compared to the peer average (39.5x).

Price to Earnings Ratio vs Industry

How does JUST's PE Ratio compare vs other companies in the European Insurance Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
JUST 16.5xIndustry Avg. 11.8xNo. of Companies12PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: JUST is expensive based on its Price-To-Earnings Ratio (16.5x) compared to the European Insurance industry average (11.8x).

Price to Earnings Ratio vs Fair Ratio

What is JUST's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JUST PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.5x
Fair PE Ratio11.2x

Price-To-Earnings vs Fair Ratio: JUST is expensive based on its Price-To-Earnings Ratio (16.5x) compared to the estimated Fair Price-To-Earnings Ratio (11.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst JUST forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£1.41
UK£1.69
+19.8%
10.4%UK£2.00UK£1.35n/a7
Nov ’25UK£1.36
UK£1.66
+22.1%
10.1%UK£1.90UK£1.30n/a7
Oct ’25UK£1.37
UK£1.63
+18.9%
14.2%UK£1.90UK£1.10n/a7
Sep ’25UK£1.43
UK£1.56
+9.7%
15.9%UK£1.90UK£1.10n/a7
Aug ’25UK£1.19
UK£1.44
+21.5%
13.0%UK£1.70UK£1.10n/a7
Jul ’25UK£1.05
UK£1.43
+36.6%
14.3%UK£1.70UK£1.05n/a7
Jun ’25UK£1.04
UK£1.38
+33.1%
13.9%UK£1.65UK£1.05n/a7
May ’25UK£1.02
UK£1.38
+35.2%
13.9%UK£1.65UK£1.05n/a7
Apr ’25UK£1.05
UK£1.38
+31.0%
13.9%UK£1.65UK£1.05n/a7
Mar ’25UK£0.86
UK£1.28
+47.8%
14.7%UK£1.50UK£0.90n/a7
Feb ’25UK£0.84
UK£1.28
+52.4%
14.7%UK£1.50UK£0.90n/a7
Jan ’25UK£0.86
UK£1.29
+50.5%
17.8%UK£1.70UK£0.90n/a7
Dec ’24UK£0.83
UK£1.29
+55.0%
17.8%UK£1.70UK£0.90n/a7
Nov ’24UK£0.75
UK£1.27
+68.9%
17.7%UK£1.70UK£0.90UK£1.367
Oct ’24UK£0.72
UK£1.29
+78.6%
16.6%UK£1.70UK£0.90UK£1.378
Sep ’24UK£0.75
UK£1.27
+69.6%
17.1%UK£1.70UK£0.90UK£1.438
Aug ’24UK£0.82
UK£1.29
+56.7%
16.8%UK£1.70UK£0.90UK£1.198
Jul ’24UK£0.78
UK£1.28
+64.5%
15.2%UK£1.60UK£0.90UK£1.058
Jun ’24UK£0.84
UK£1.28
+52.6%
15.2%UK£1.60UK£0.90UK£1.048
May ’24UK£0.88
UK£1.27
+43.5%
15.7%UK£1.60UK£0.90UK£1.028
Apr ’24UK£0.86
UK£1.24
+44.7%
15.6%UK£1.60UK£0.90UK£1.058
Mar ’24UK£0.89
UK£1.21
+36.0%
16.8%UK£1.55UK£0.90UK£0.867
Feb ’24UK£0.82
UK£1.19
+45.6%
17.8%UK£1.55UK£0.90UK£0.847
Jan ’24UK£0.82
UK£1.15
+41.1%
19.9%UK£1.55UK£0.85UK£0.868
Dec ’23UK£0.77
UK£1.13
+46.9%
22.1%UK£1.55UK£0.80UK£0.838
Nov ’23UK£0.60
UK£1.13
+87.0%
23.6%UK£1.55UK£0.80UK£0.757

Analyst Forecast: Target price is less than 20% higher than the current share price.

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