AIM:PRSM

Stock Analysis Report

Executive Summary

Blue Prism Group plc, together with its subsidiaries, engages in the licensing of robotic process automation software in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Snowflake

Fundamentals

Flawless balance sheet with limited growth.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-13.9%

PRSM

-0.5%

GB Software

0.08%

GB Market


1 Year Return

-45.6%

PRSM

9.6%

GB Software

3.5%

GB Market

Return vs Industry: PRSM underperformed the UK Software industry which returned 9.6% over the past year.

Return vs Market: PRSM underperformed the UK Market which returned 3.5% over the past year.


Shareholder returns

PRSMIndustryMarket
7 Day-13.9%-0.5%0.08%
30 Day-25.3%1.2%-1.3%
90 Day-42.9%-10.2%-2.2%
1 Year-45.6%-45.6%16.0%9.6%9.0%3.5%
3 Year161.7%161.7%2.8%-13.8%18.1%3.1%
5 Yearn/a66.7%34.0%36.2%5.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Blue Prism Group undervalued compared to its fair value and its price relative to the market?

6.67x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PRSM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PRSM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PRSM is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: PRSM is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PRSM is overvalued based on its PB Ratio (6.7x) compared to the GB Software industry average (3.3x).


Next Steps

Future Growth

How is Blue Prism Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

22.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRSM is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PRSM is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PRSM is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PRSM's revenue (37.9% per year) is forecast to grow faster than the UK market (4% per year).

High Growth Revenue: PRSM's revenue (37.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PRSM is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Blue Prism Group performed over the past 5 years?

-75.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PRSM is unprofitable, and losses have increased over the past 5 years at a rate of -75% per year.

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

Earnings vs Industry: PRSM is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (7%).


Return on Equity

High ROE: PRSM has a negative Return on Equity (-59.38%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: PRSM is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: PRSM is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Blue Prism Group's financial position?


Financial Position Analysis

Short Term Liabilities: PRSM's short term assets (£164.9M) exceeds its short term liabilities (£78.4M)

Long Term Liabilities: PRSM's short term assets (164.9M) exceeds its long term liabilities (6.0M)


Debt to Equity History and Analysis

Debt Level: PRSM is debt free.

Reducing Debt: PRSM has not had any debt for past 5 years.


Balance Sheet

Inventory Level: PRSM has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PRSM's debt is covered by short term assets.


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: PRSM has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: PRSM has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -109.9% each year


Next Steps

Dividend

What is Blue Prism Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage2.7%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate PRSM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if PRSM's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PRSM's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

0.7yrs

Average management tenure


CEO

Alastair Bathgate (55yo)

0yrs

Tenure

UK£375,462

Compensation

Mr. Alastair Douglas Bathgate co-founded Blue Prism Group plc in 2001 and has been its Chief Executive Officer since October 2001. Mr. Bathgate has experience in enterprise software, manufacturing and bank ...


CEO Compensation Analysis

Compensation vs. Market: Alastair's total compensation ($USD486.31K) is about average for companies of similar size in the UK market ($USD1.19M).

Compensation vs Earnings: Alastair's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

0.7yrs

Average Tenure

54yo

Average Age

Experienced Management: PRSM's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Age and Tenure

3.8yrs

Average Tenure

55.5yo

Average Age

Experienced Board: PRSM's board of directors are considered experienced (3.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUK£6,251,94203 Jul 19
David Moss
EntityIndividual
Role
Top Key Executive
Co-Founder & CTO
Shares424,436
Max PriceUK£14.73
SellUK£1,200,40221 Feb 19
Martin Flood
EntityIndividual
Shares100,000
Max PriceUK£12.11

Ownership Breakdown


Management Team

  • Peter O'Neill

    Chief Sales Officer

    • Tenure: 0.3yrs
  • Eric Verniaut (53yo)

    Chief Operating Officer

    • Tenure: 0.2yrs
  • Alastair Bathgate (55yo)

    Co-Founder

    • Tenure: 0yrs
    • Compensation: UK£375.46k
  • Pat Geary

    Chief Evangelist

    • Tenure: 0yrs
  • Chris Bradshaw (57yo)

    Chief Marketing & Product Officer

    • Tenure: 0yrs
  • Dave Moss

    Co-Founder & CTO

    • Tenure: 18.8yrs
  • Ijoma Maluza (39yo)

    CFO & Director

    • Tenure: 1.8yrs
    • Compensation: UK£289.19k
  • John Warrick

    General Counsel & Company Secretary

    • Tenure: 0yrs
  • Tom Hull

    Head of Investor Relations

    • Tenure: 0yrs
  • Vikki Sly

    Chief People Officer

    • Tenure: 0.7yrs

Board Members

  • Ken Lever (66yo)

    Independent Non-Executive Director

    • Tenure: 3.8yrs
    • Compensation: UK£50.00k
  • Conrad Kingdon (56yo)

    Non-Executive Chairman

    • Tenure: 0yrs
    • Compensation: UK£55.00k
  • Chris Batterham (64yo)

    Senior Independent Non-Executive Director

    • Tenure: 0yrs
    • Compensation: UK£50.00k
  • Alastair Bathgate (55yo)

    Co-Founder

    • Tenure: 0yrs
    • Compensation: UK£375.46k
  • Charmaine Carmichael (48yo)

    Independent Non-Executive Director

    • Tenure: 3.8yrs
    • Compensation: UK£50.00k
  • Ijoma Maluza (39yo)

    CFO & Director

    • Tenure: 1.8yrs
    • Compensation: UK£289.19k

Company Information

Blue Prism Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Blue Prism Group plc
  • Ticker: PRSM
  • Exchange: AIM
  • Founded: 2001
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: UK£659.066m
  • Shares outstanding: 80.97m
  • Website: https://www.blueprism.com

Number of Employees


Location

  • Blue Prism Group plc
  • 2 Cinnamon Park
  • Crab Lane
  • Warrington
  • Cheshire
  • WA2 0XP
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRSMAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMar 2016
BPRM.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMar 2016
B11DB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2016

Biography

Blue Prism Group plc, together with its subsidiaries, engages in the licensing of robotic process automation software in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company off ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 21:38
End of Day Share Price2019/10/22 00:00
Earnings2019/04/30
Annual Earnings2018/10/31


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.