NYSE:BCS

Stock Analysis Report

Executive Summary

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia.

Snowflake

Fundamentals

Undervalued established dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

8.0%

BCS

4.1%

US Banks

1.0%

US Market


1 Year Return

0.4%

BCS

7.2%

US Banks

8.0%

US Market

Return vs Industry: BCS underperformed the US Banks industry which returned 7.2% over the past year.

Return vs Market: BCS underperformed the US Market which returned 8% over the past year.


Shareholder returns

BCSIndustryMarket
7 Day8.0%4.1%1.0%
30 Day13.6%2.8%-0.07%
90 Day7.7%2.9%-1.0%
1 Year4.8%0.4%10.3%7.2%10.4%8.0%
3 Year3.4%-4.5%53.9%43.3%46.2%36.7%
5 Year-32.8%-41.2%71.9%53.1%64.3%46.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

5.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BCS ($8.52) is trading below our estimate of fair value ($9.05)

Significantly Below Fair Value: BCS is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BCS is good value based on its PE Ratio (9.1x) compared to the Banks industry average (12.6x).

PE vs Market: BCS is good value based on its PE Ratio (9.1x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

PEG Ratio: BCS is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: BCS is good value based on its PB Ratio (0.4x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Barclays forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

14.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BCS's forecast earnings growth (14.2% per year) is above the savings rate (2.7%).

Earnings vs Market: BCS's earnings (14.2% per year) are forecast to grow slower than the US market (14.5% per year).

High Growth Earnings: BCS's earnings are forecast to grow, but not significantly.

Revenue vs Market: BCS's revenue (2.3% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: BCS's revenue (2.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BCS's Return on Equity is forecast to be low in 3 years time (7.4%).


Next Steps

Past Performance

How has Barclays performed over the past 5 years?

35.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BCS's earnings have grown significantly by 35.2% per year over the past 5 years.

Accelerating Growth: BCS's earnings growth over the past year (5450%) exceeds its 5-year average (35.2% per year).

Earnings vs Industry: BCS earnings growth over the past year (5450%) exceeded the Banks industry 30.1%.


Return on Equity

High ROE: BCS's Return on Equity (5.6%) is considered low.


Return on Assets

ROA vs Industry: BCS's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate BCS's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Barclays's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

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

Debt Coverage by Assets: BCS's debt is covered by short term assets (assets are 1.060340x debt).


Financial Institutions Analysis

Asset Level: BCS's level of assets compared to its equity is moderate.

Allowance for Bad Loans: BCS has a low allowance for bad loans.

Low Risk Liabilities: BCS's liabilities are made up of primarily higher risk sources of funding.

Loan Level: BCS has an acceptable proportion of non-loan assets held.

Low Risk Deposits: BCS's loans are broadly funded by customer deposits.

Level of Bad Loans: BCS has a high level of bad loans (2.43%)


Next Steps

Dividend

What is Barclays's current dividend yield, its reliability and sustainability?

4.23%

Current Dividend Yield


Dividend Yield vs Market

company4.2%marketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Years5.8%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: BCS's dividend (4.23%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: BCS's dividend (4.23%) is in the top 25% of dividend payers in the US market (3.68%)

Stable Dividend: BCS's dividend payments have been volatile in the past 10 years.

Growing Dividend: BCS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.6%), BCS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BCS's dividends in 3 years are forecast to be well covered by earnings (44% payout ratio).


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Jes Staley (63yo)

3.8yrs

Tenure

UK£3,362,000

Compensation

Mr. James Edward Staley, also known as Jes, has been Group Chief Executive Officer of Barclays Plc since December 1, 2015. He has been Interim Chief Executive Officer of Barclays Bank PLC since March 26, 2 ...


CEO Compensation Analysis

Compensation vs. Market: Jes's total compensation ($USD4.36M) is about average for companies of similar size in the US market ($USD11.18M).

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


Management Age and Tenure

3.8yrs

Average Tenure

54yo

Average Age

Experienced Management: BCS's management team is considered experienced (3.8 years average tenure).


Board Age and Tenure

5.2yrs

Average Tenure

63yo

Average Age

Experienced Board: BCS's board of directors are considered experienced (5.2 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.


Ownership Breakdown


Management Team

  • Jes Staley (63yo)

    Group CEO & Executive Director

    • Tenure: 3.8yrs
    • Compensation: UK£3.36m
  • Tushar Morzaria (50yo)

    Group Finance Director & Executive Director

    • Tenure: 6yrs
    • Compensation: UK£3.48m
  • Jamie Lundie

    Managing Director and Head of Corporate Communications

    • Tenure: 4.5yrs
  • Arne Hassel

    Chief Investment Officer

    • Tenure: 4.1yrs
  • Bob Hoyt (54yo)

    Group General Counsel

    • Tenure: 6.2yrs
  • Mark Ashton-Rigby

    Group COO & CEO of Barclays Execution Services

    • Tenure: 0.3yrs
  • Alisdair Gayne

    Head of UK Investment Banking

    • Tenure: 2.9yrs
  • Kathryn McLeland

    Head of Investor Relations & Group Treasurer

    • Tenure: 0yrs
  • Laura Padovani

    Group Chief Compliance Officer

    • Tenure: 2.8yrs
  • Adam Kelleher

    Chief Data Scientist for Research & Director

    • Tenure: 1.4yrs

Board Members

  • Nigel Higgins (59yo)

    Group Chairman

    • Tenure: 0.4yrs
  • Tim Breedon (61yo)

    Non-Executive Director

    • Tenure: 6.9yrs
    • Compensation: UK£225.00k
  • Jes Staley (63yo)

    Group CEO & Executive Director

    • Tenure: 3.8yrs
    • Compensation: UK£3.36m
  • Mark Merson (50yo)

    Non Executive Director of Barlclays Africa Group

    • Tenure: 0yrs
  • Zhi Qiu (64yo)

    Chairman of Investment Banking Unit - Greater China and Asia-Pacific Vice Chairman

    • Tenure: 10.3yrs
  • Diane Schueneman (67yo)

    Non-Executive Director

    • Tenure: 4.3yrs
    • Compensation: UK£337.00k
  • Crawford Gillies (63yo)

    Senior Independent Director

    • Tenure: 1.5yrs
    • Compensation: UK£222.00k
  • Tushar Morzaria (50yo)

    Group Finance Director & Executive Director

    • Tenure: 6yrs
    • Compensation: UK£3.48m
  • Carlos de Campos

    Chairman of BB SAU

    • Tenure: 0yrs
  • Mike Ashley (64yo)

    Non-Executive Director

    • Tenure: 6.1yrs
    • Compensation: UK£215.00k

Company Information

Barclays PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Barclays PLC
  • Ticker: BCS
  • Exchange: NYSE
  • Founded: 1690
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: UK£28.589b
  • Listing Market Cap: UK£37.105b
  • Shares outstanding: 17.26b
  • Website: https://www.home.barclays

Number of Employees


Location

  • Barclays PLC
  • 1 Churchill Place
  • London
  • Greater London
  • E14 5HP
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCLY.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1980
BARCLSE (London Stock Exchange)YesOrdinary SharesGBGBPJan 1980
BCYDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1980
BCYXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJan 1980
BARCLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJan 1980
BARCSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJan 1980
BCSNYSE (New York Stock Exchange)ADR-EACH CV INTO 4 ORD STK GBP0.25(JPM)USUSDSep 1986
BCS NBMV (Bolsa Mexicana de Valores)ADR-EACH CV INTO 4 ORD STK GBP0.25(JPM)MXMXNSep 1986
BCY2DB (Deutsche Boerse AG)ADR-EACH CV INTO 4 ORD STK GBP0.25(JPM)DEEURSep 1986

Biography

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operat ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 23:32
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.