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SAGA

Saga LSE:SAGA Stock Report

Last Price

UK£1.89

Market Cap

UK£265.4m

7D

-6.2%

1Y

-57.0%

Updated

24 Jun, 2022

Data

Company Financials +
SAGA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends0/6

SAGA Stock Overview

Saga plc provides general insurance, package and cruise holidays, and personal finance products and services in the United Kingdom.

Rewards

Earnings are forecast to grow 59% per year

Risk Analysis

No risks detected for SAGA from our risk checks.

Saga Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Saga
Historical stock prices
Current Share PriceUK£1.89
52 Week HighUK£4.62
52 Week LowUK£1.82
Beta2.32
1 Month Change-10.63%
3 Month Change-17.13%
1 Year Change-56.96%
3 Year Change-68.31%
5 Year Change-93.98%
Change since IPO-93.19%

Recent News & Updates

Shareholder Returns

SAGAGB InsuranceGB Market
7D-6.2%1.8%2.3%
1Y-57.0%-21.8%-8.6%

Return vs Industry: SAGA underperformed the UK Insurance industry which returned -24.1% over the past year.

Return vs Market: SAGA underperformed the UK Market which returned -10.4% over the past year.

Price Volatility

Is SAGA's price volatile compared to industry and market?
SAGA volatility
SAGA Average Weekly Movement6.2%
Insurance Industry Average Movement4.1%
Market Average Movement5.5%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.8%

Stable Share Price: SAGA is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SAGA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19503,899Euan Sutherlandhttps://www.saga.co.uk

Saga plc provides general insurance, package and cruise holidays, and personal finance products and services in the United Kingdom. The company operates in three segments: Insurance, Travel, and Other Businesses and Central Costs. It offers car, home, health, travel, landlord, boat, motorhome, caravan, pet, personal accident, breakdown cover, building, content, renter, holiday, and holiday home insurance.

Saga Fundamentals Summary

How do Saga's earnings and revenue compare to its market cap?
SAGA fundamental statistics
Market CapUK£265.36m
Earnings (TTM)-UK£28.00m
Revenue (TTM)UK£377.50m

0.7x

P/S Ratio

-9.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SAGA income statement (TTM)
RevenueUK£377.50m
Cost of RevenueUK£143.30m
Gross ProfitUK£234.20m
Other ExpensesUK£262.20m
Earnings-UK£28.00m

Last Reported Earnings

Jan 31, 2022

Next Earnings Date

Sep 27, 2022

Earnings per share (EPS)-0.20
Gross Margin62.04%
Net Profit Margin-7.42%
Debt/Equity Ratio137.4%

How did SAGA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

SAGA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.7x
Enterprise Value/EBITDA21.3x
PEG Ration/a

Price to Book Ratio vs Peers

How does SAGA's PB Ratio compare to its peers?

SAGA PB Ratio vs Peers
The above table shows the PB ratio for SAGA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.1x

Price-To-Book vs Peers: SAGA is good value based on its Price-To-Book Ratio (0.4x) compared to the peer average (1.1x).


Price to Earnings Ratio vs Industry

How does SAGA's PE Ratio compare vs other companies in the U.K. Insurance Industry?

Price-To-Book vs Industry: SAGA is good value based on its Price-To-Book Ratio (0.4x) compared to the UK Insurance industry average (1x)


Price to Book Ratio vs Fair Ratio

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

SAGA PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate SAGA's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

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

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


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SAGA's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is Saga forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


59.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SAGA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: SAGA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SAGA is expected to become profitable in the next 3 years.

Revenue vs Market: SAGA's revenue (15.1% per year) is forecast to grow faster than the UK market (4.1% per year).

High Growth Revenue: SAGA's revenue (15.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SAGA's Return on Equity is forecast to be low in 3 years time (9.2%).


Discover growth companies

Past Performance

How has Saga performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-37.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SAGA is currently unprofitable.

Growing Profit Margin: SAGA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SAGA is unprofitable, and losses have increased over the past 5 years at a rate of 37.7% per year.

Accelerating Growth: Unable to compare SAGA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SAGA is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (-10.8%).


Return on Equity

High ROE: SAGA has a negative Return on Equity (-4.29%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Saga's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SAGA's short term assets (£525.2M) do not cover its short term liabilities (£714.3M).

Long Term Liabilities: SAGA's short term assets (£525.2M) do not cover its long term liabilities (£935.2M).


Debt to Equity History and Analysis

Debt Level: SAGA's net debt to equity ratio (107.8%) is considered high.

Reducing Debt: SAGA's debt to equity ratio has increased from 40.4% to 137.4% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable SAGA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SAGA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 47.6% per year.


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Dividend

What is Saga current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.55%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate SAGA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SAGA'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 SAGA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SAGA's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: SAGA is not paying a notable dividend for the UK market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SAGA has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

Euan Sutherland (52 yo)

2.42yrs

Tenure

UK£948,005

Compensation

Mr. Euan Angus Sutherland serves as Interim Chief Executive Officer of Saga Insurance at Saga Plc since January 2021. He has been Group Chief Executive Officer and Executive Director at Saga plc since Janu...


CEO Compensation Analysis

Compensation vs Market: Euan's total compensation ($USD1.17M) is about average for companies of similar size in the UK market ($USD1.02M).

Compensation vs Earnings: Euan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SAGA's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: SAGA's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SAGA 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

Saga plc's employee growth, exchange listings and data sources


Key Information

  • Name: Saga plc
  • Ticker: SAGA
  • Exchange: LSE
  • Founded: 1950
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Implied Market Cap: UK£265.362m
  • Shares outstanding: 140.33m
  • Website: https://www.saga.co.uk

Number of Employees


Location

  • Saga plc
  • Enbrook Park
  • Sandgate
  • Folkestone
  • Kent
  • CT20 3SE
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/01/31
Annual Earnings2022/01/31


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.