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Market Cap

UK£1.0b

Last Updated

2021/09/18 17:32 UTC

Data Sources

Company Financials +

Share Price & News

How has FirstGroup's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FGP is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: FGP's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-0.3%

FGP

-1.9%

GB Transportation

-1.0%

GB Market


1 Year Return

101.9%

FGP

58.2%

GB Transportation

19.2%

GB Market

Return vs Industry: FGP exceeded the UK Transportation industry which returned 58.2% over the past year.

Return vs Market: FGP exceeded the UK Market which returned 19.2% over the past year.


Shareholder returns

FGPIndustryMarket
7 Day-0.3%-1.9%-1.0%
30 Day-3.8%-7.3%-2.2%
90 Day6.4%-4.2%0.5%
1 Year101.9%101.9%64.4%58.2%24.1%19.2%
3 Year-9.7%-9.7%-19.3%-27.5%15.3%2.5%
5 Year-17.9%-17.9%12.7%-4.1%35.4%10.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is FirstGroup undervalued compared to its fair value and its price relative to the market?

22.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FGP (£0.86) is trading above our estimate of fair value (£0.62)

Significantly Below Fair Value: FGP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FGP is poor value based on its PE Ratio (22.3x) compared to the UK Transportation industry average (19.1x).

PE vs Market: FGP is good value based on its PE Ratio (22.3x) compared to the UK market (23.5x).


Price to Earnings Growth Ratio

PEG Ratio: FGP is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: FGP is good value based on its PB Ratio (0.9x) compared to the GB Transportation industry average (1.2x).


Future Growth

How is FirstGroup forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

30.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FGP's forecast earnings growth (30.1% per year) is above the savings rate (0.9%).

Earnings vs Market: FGP's earnings (30.1% per year) are forecast to grow faster than the UK market (13.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FGP's revenue is expected to decline over the next 3 years (-0.6% per year).

High Growth Revenue: FGP's revenue is forecast to decline over the next 3 years (-0.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FGP's Return on Equity is forecast to be low in 3 years time (7.9%).


Past Performance

How has FirstGroup performed over the past 5 years?

-40.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FGP has a large one-off gain of £149.7M impacting its March 27 2021 financial results.

Growing Profit Margin: FGP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: FGP has become profitable over the past 5 years, growing earnings by -40.3% per year.

Accelerating Growth: FGP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FGP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Transportation industry (36.4%).


Return on Equity

High ROE: FGP's Return on Equity (5.1%) is considered low.


Financial Health

How is FirstGroup's financial position?


Financial Position Analysis

Short Term Liabilities: FGP's short term assets (£5.7B) exceed its short term liabilities (£3.6B).

Long Term Liabilities: FGP's short term assets (£5.7B) exceed its long term liabilities (£3.6B).


Debt to Equity History and Analysis

Debt Level: FGP's debt to equity ratio (176.2%) is considered high.

Reducing Debt: FGP's debt to equity ratio has increased from 100.6% to 176.2% over the past 5 years.

Debt Coverage: FGP's debt is well covered by operating cash flow (59.2%).

Interest Coverage: FGP's interest payments on its debt are not well covered by EBIT (0.5x coverage).


Balance Sheet


Dividend

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

4.30%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: FGP is not paying a notable dividend for the UK market.


Future Payout to Shareholders

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


Next Steps

Management

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

5.4yrs

Average management tenure


CEO

FirstGroup has no CEO, or we have no data on them.


Leadership Team

Experienced Management: FGP's management team is seasoned and experienced (5.4 years average tenure).


Board Members

Experienced Board: FGP's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: FGP 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

FirstGroup plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: FirstGroup plc
  • Ticker: FGP
  • Exchange: LSE
  • Founded: 1995
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: UK£1.041b
  • Shares outstanding: 1.21b
  • Website: https://www.firstgroupplc.com

Number of Employees


Location

  • FirstGroup plc
  • 395 King Street
  • Aberdeen
  • Aberdeenshire
  • AB24 5RP
  • United Kingdom

Listings


Biography

FirstGroup plc provides passenger transport services. The company operates through five segments: First Student, First Transit, Greyhound, First Bus, and First Rail. The First Student segment offers studen...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 17:32
End of Day Share Price2021/09/17 00:00
Earnings2021/03/27
Annual Earnings2021/03/27


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.