James Fisher and Sons
Market Cap
UK£1.0b
Last Updated
2019/10/14 20:38 UTC
Data Sources
Company Financials +
Executive Summary
James Fisher and Sons plc, together with its subsidiaries, provides marine and specialist engineering services worldwide.
Snowflake
Fundamentals
Proven track record with adequate balance sheet and pays a dividend.
Share Price & News
How has James Fisher and Sons's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.3%
FSJ
1.0%
GB Infrastructure
1.1%
GB Market
1 Year Return
13.6%
FSJ
7.5%
GB Infrastructure
2.7%
GB Market
Return vs Industry: FSJ exceeded the UK Infrastructure industry which returned 7.5% over the past year.
Return vs Market: FSJ exceeded the UK Market which returned 2.7% over the past year.
Shareholder returns
| FSJ | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.3% | 1.0% | 1.1% |
| 30 Day | -4.7% | -1.6% | -1.7% |
| 90 Day | 1.9% | 3.2% | -2.7% |
| 1 Year | 15.5%13.6% | 11.4%7.5% | 7.8%2.7% |
| 3 Year | 29.1%22.6% | 23.9%13.5% | 19.3%4.7% |
| 5 Year | 88.0%72.0% | 27.5%-8.4% | 38.0%8.1% |
Price Volatility Vs. Market
How volatile is James Fisher and Sons's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Does James Fisher and Sons (LON:FSJ) Have A Healthy Balance Sheet?2 weeks ago | Simply Wall St
James Fisher and Sons plc (LON:FSJ) Is About To Go Ex-Dividend, And It Pays A 0.5% Yield3 weeks ago | Simply Wall St
Is James Fisher and Sons plc's (LON:FSJ) 14% ROE Better Than Average?Valuation
Is James Fisher and Sons undervalued compared to its fair value and its price relative to the market?
22.44x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: FSJ (£19.88) is trading above our estimate of fair value (£14.72)
Significantly Undervalued: FSJ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FSJ is good value based on its PE Ratio (22.4x) compared to the Infrastructure industry average (22.4x).
PE vs Market: FSJ is poor value based on its PE Ratio (22.4x) compared to the UK market (16.4x).
Price to Earnings Growth Ratio
Low PEG Ratio: FSJ is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: FSJ is overvalued based on its PB Ratio (3.2x) compared to the GB Infrastructure industry average (1.9x).
Next Steps
Future Growth
How is James Fisher and Sons forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
7.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FSJ's forecast earnings growth (7.1% per year) is above the savings rate (1.2%).
Earnings vs Market: FSJ's earnings (7.1% per year) are forecast to grow slower than the UK market (12.3% per year).
High Growth Earnings: FSJ's earnings are forecast to grow, but not significantly.
Revenue vs Market: FSJ's revenue (6.7% per year) is forecast to grow faster than the UK market (3.8% per year).
High Growth Revenue: FSJ's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: FSJ's Return on Equity is forecast to be low in 3 years time (14%).
Next Steps
Past Performance
How has James Fisher and Sons performed over the past 5 years?
2.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: FSJ's earnings have grown by 2.2% per year over the past 5 years.
Accelerating Growth: FSJ's earnings growth over the past year (5.2%) exceeds its 5-year average (2.2% per year).
Earnings vs Industry: FSJ earnings growth over the past year (5.2%) underperformed the Infrastructure industry 9.8%.
Return on Equity
High ROE: FSJ's Return on Equity (14.4%) is considered low.
Return on Assets
ROA vs Industry: FSJ has a higher Return on Assets than the Infrastructure industry average last year.
Return on Capital Employed
ROCE Improving: FSJ has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is James Fisher and Sons's financial position?
Financial Position Analysis
Short Term Liabilities: FSJ's short term assets (£270.1M) exceeds its short term liabilities (£190.5M)
Long Term Liabilities: FSJ's short term assets (270.1M) exceeds its long term liabilities (201.9M)
Debt to Equity History and Analysis
Debt Level: FSJ's debt to equity ratio (57.2%) is considered high
Reducing Debt: FSJ's debt to equity ratio has increased from 53.9% to 57.2% over the past 5 years.
Debt Coverage: FSJ's debt is well covered by operating cash flow (49.8%).
Interest Coverage: FSJ's interest payments on its debt are well covered by EBIT (11.7x coverage).
Balance Sheet
Inventory Level: FSJ has a high level of physical assets or inventory.
Debt Coverage by Assets: FSJ's debt is covered by short term assets (assets are 1.529440x debt).
Next Steps
Dividend
What is James Fisher and Sons's current dividend yield, its reliability and sustainability?
1.59%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: FSJ's dividend (1.59%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.01%).
High Dividend: FSJ's dividend (1.59%) is low compared to the top 25% of dividend payers in the UK market (5.44%).
Stable Dividend: FSJ's dividends per share have been stable in the past 10 years.
Growing Dividend: FSJ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.8%), FSJ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FSJ's dividends in 3 years are forecast to be well covered by earnings (37.1% payout ratio).
Next Steps
Management
What is the CEO of James Fisher and Sons's salary, the management and board of directors tenure and is there insider trading?
1.5yrs
Average board tenure
CEO
Eoghan O'Lionaird 0
0yrs
Tenure
Mr. Eoghan O’Lionaird serves as Chief Executive Officer at James Fisher and Sons plc since October 01, 2019. He was Business Group Director of Spectris plc since February 3, 2014 until 2019. Mr. O’Lionaird ...
Board Age and Tenure
1.5yrs
Average Tenure
59yo
Average Age
Experienced Board: FSJ's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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
| Entity | Individual |
| Role | Senior Key Executive Executive Officer |
| Shares | 2,750 |
| Max Price | UK£22.14 |
Ownership Breakdown
Management Team
Nick Henry (58yo)
Executive Officer
- Tenure: 0yrs
- Compensation: UK£1.90m
Stuart Kilpatrick (56yo)
Group Finance Director & Executive Director
- Tenure: 8.8yrs
- Compensation: UK£1.24m
Eoghan O'Lionaird
Chief Executive Officer
- Tenure: 0yrs
Fergus Graham
Executive Director
- Tenure: 1.6yrs
- Compensation: UK£558.00k
Board Members
Justin Atkinson (59yo)
Independent Non-Executive Director
- Tenure: 1.7yrs
- Compensation: UK£55.00k
Malcolm Paul (68yo)
Chairman of the Board
- Tenure: 1.4yrs
- Compensation: UK£156.00k
Mike Salter (71yo)
Non-Executive Director
- Tenure: 6.2yrs
- Compensation: UK£52.00k
Aedamar Comiskey (52yo)
Senior Independent Director
- Tenure: 0.6yrs
- Compensation: UK£57.00k
Stuart Kilpatrick (56yo)
Group Finance Director & Executive Director
- Tenure: 8.8yrs
- Compensation: UK£1.24m
Eoghan O'Lionaird
Chief Executive Officer
- Tenure: 0yrs
Inken Braunschmidt
Independent Non-Executive Director
- Tenure: 0.6yrs
Fergus Graham
Executive Director
- Tenure: 1.6yrs
- Compensation: UK£558.00k
Company Information
James Fisher and Sons plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: James Fisher and Sons plc
- Ticker: FSJ
- Exchange: LSE
- Founded: 1847
- Industry: Marine Ports and Services
- Sector: Transportation
- Market Cap: UK£999.960m
- Shares outstanding: 50.30m
- Website: https://www.james-fisher.com
Number of Employees
Location
- James Fisher and Sons plc
- Fisher House
- Michaelson Road
- Barrow-in-Furness
- Cumbria
- LA14 1HR
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FSJ | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| 6FJ | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| FSJL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
Biography
James Fisher and Sons plc, together with its subsidiaries, provides marine and specialist engineering services worldwide. It operates through four segments: Marine Support, Specialist Technical, Offshore O ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 20:38 |
| End of Day Share Price | 2019/10/14 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.