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James Halstead

BST:HSJA
Snowflake Description

Flawless balance sheet established dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HSJA
BST
£1B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

James Halstead plc manufactures and distributes flooring products for commercial and domestic uses in the United Kingdom, rest of Europe, Scandinavia, Australasia and Asia, and internationally. The last earnings update was 33 days ago. More info.


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HSJA Share Price and Events
7 Day Returns
-1.7%
BST:HSJA
1.2%
DE Building
0.8%
DE Market
1 Year Returns
26.2%
BST:HSJA
6.1%
DE Building
9%
DE Market
HSJA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
James Halstead (HSJA) -1.7% 1.1% 5.2% 26.2% 7.7% -
DE Building 1.2% 5.3% 6.4% 6.1% 10.5% 55.5%
DE Market 0.8% 6.3% 14.4% 9% 14.5% 21.8%
1 Year Return vs Industry and Market
  • HSJA outperformed the Building industry which returned 6.1% over the past year.
  • HSJA outperformed the Market in Germany which returned 9% over the past year.
Price Volatility
HSJA
Industry
5yr Volatility vs Market

HSJA Value

 Is James Halstead undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of James Halstead to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for James Halstead.

BST:HSJA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:HSJA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Building Unlevered Beta Simply Wall St/ S&P Global 1.19
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.187 (1 + (1- 19%) (0.02%))
1.125
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.125 * 6.65%)
7.71%

Discounted Cash Flow Calculation for BST:HSJA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for James Halstead is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BST:HSJA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 7.71%)
2020 32.90 Analyst x2 30.54
2021 36.10 Analyst x2 31.12
2022 41.50 Analyst x1 33.21
2023 40.73 Est @ -1.87% 30.26
2024 40.22 Est @ -1.24% 27.74
2025 39.90 Est @ -0.8% 25.55
2026 39.71 Est @ -0.49% 23.60
2027 39.60 Est @ -0.27% 21.85
2028 39.55 Est @ -0.12% 20.26
2029 39.54 Est @ -0.02% 18.81
Present value of next 10 years cash flows £262.00
BST:HSJA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £39.54 × (1 + 0.23%) ÷ (7.71% – 0.23%)
£529.54
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £529.54 ÷ (1 + 7.71%)10
£251.92
BST:HSJA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £262.00 + £251.92
£513.92
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £513.92 / 208.13
£2.47
BST:HSJA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:HSJA represents 1.13148x of AIM:JHD
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.13148x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 2.47 x 1.13148
€2.79
Value per share (EUR) From above. €2.79
Current discount Discount to share price of €5.68
= -1 x (€5.68 - €2.79) / €2.79
-103.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of James Halstead is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for James Halstead's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are James Halstead's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:HSJA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in GBP £0.18
AIM:JHD Share Price ** AIM (2019-11-13) in GBP £5.02
Germany Building Industry PE Ratio Median Figure of 6 Publicly-Listed Building Companies 18.12x
Germany Market PE Ratio Median Figure of 403 Publicly-Listed Companies 19.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of James Halstead.

BST:HSJA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:JHD Share Price ÷ EPS (both in GBP)

= 5.02 ÷ 0.18

27.64x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • James Halstead is overvalued based on earnings compared to the DE Building industry average.
  • James Halstead is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does James Halstead's expected growth come at a high price?
Raw Data
BST:HSJA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 27.64x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
-15.6%per year
Europe Building Industry PEG Ratio Median Figure of 31 Publicly-Listed Building Companies 1.31x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for James Halstead, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on James Halstead's assets?
Raw Data
BST:HSJA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in GBP £0.64
AIM:JHD Share Price * AIM (2019-11-13) in GBP £5.02
Germany Building Industry PB Ratio Median Figure of 8 Publicly-Listed Building Companies 1.34x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
BST:HSJA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:JHD Share Price ÷ Book Value per Share (both in GBP)

= 5.02 ÷ 0.64

7.85x

* Primary Listing of James Halstead.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • James Halstead is overvalued based on assets compared to the DE Building industry average.
X
Value checks
We assess James Halstead's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Building industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Building industry average (and greater than 0)? (1 check)
  5. James Halstead has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HSJA Future Performance

 How is James Halstead expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

  • No analysts cover James Halstead, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-15.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is James Halstead expected to grow at an attractive rate?
  • James Halstead's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.2%.
Growth vs Market Checks
  • James Halstead's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • James Halstead's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:HSJA Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:HSJA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts -15.6%
BST:HSJA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 3.7%
Germany Building Industry Earnings Growth Rate Market Cap Weighted Average 11.4%
Europe Building Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:HSJA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:HSJA Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 285 46 1
2021-06-30 271 42 2
2020-06-30 263 39 2
2019-11-13
BST:HSJA Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-06-30 253 50 38
2019-03-31 251 49 38
2018-12-31 249 47 37
2018-09-30 249 38 37
2018-06-30 250 29 37
2018-03-31 248 27 37
2017-12-31 247 26 37
2017-09-30 244 31 37
2017-06-30 241 37 37
2017-03-31 236 39 36
2016-12-31 231 41 35
2016-09-30 229 40 35

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • James Halstead's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • James Halstead's revenue is expected to grow by 3.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:HSJA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from James Halstead Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:HSJA Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30
2021-06-30
2020-06-30
2019-11-13
BST:HSJA Past Financials Data
Date (Data in GBP Millions) EPS *
2019-06-30 0.18
2019-03-31 0.18
2018-12-31 0.18
2018-09-30 0.18
2018-06-30 0.18
2018-03-31 0.18
2017-12-31 0.18
2017-09-30 0.18
2017-06-30 0.18
2017-03-31 0.17
2016-12-31 0.17
2016-09-30 0.17

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • James Halstead is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess James Halstead's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
James Halstead has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HSJA Past Performance

  How has James Halstead performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare James Halstead's growth in the last year to its industry (Building).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • James Halstead's year on year earnings growth rate has been positive over the past 5 years.
  • James Halstead's 1-year earnings growth is less than its 5-year average (3% vs 3.3%)
  • James Halstead's earnings growth has exceeded the DE Building industry average in the past year (3% vs -3.4%).
Earnings and Revenue History
James Halstead's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from James Halstead Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:HSJA Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 253.04 37.79 60.85
2019-03-31 251.16 37.55 59.39
2018-12-31 249.27 37.32 57.93
2018-09-30 249.39 37.01 57.93
2018-06-30 249.51 36.71 57.93
2018-03-31 248.38 36.96 58.11
2017-12-31 247.25 37.22 58.29
2017-09-30 244.02 36.86 58.29
2017-06-30 240.78 36.51 58.29
2017-03-31 235.90 35.86 54.45
2016-12-31 231.02 35.21 50.60
2016-09-30 228.58 35.23 50.60
2016-06-30 226.14 35.26 50.60
2016-03-31 225.45 35.36 50.69
2015-12-31 224.77 35.47 50.77
2015-09-30 226.01 34.70 50.77
2015-06-30 227.26 33.93 50.77
2015-03-31 228.52 33.18 50.45
2014-12-31 229.78 32.43 50.13
2014-09-30 226.63 31.94 50.13
2014-06-30 223.49 31.45 50.13
2014-03-31 221.21 30.59 50.12
2013-12-31 218.94 29.73 50.12
2013-09-30 218.01 29.89 50.12
2013-06-30 217.08 30.05 50.12
2013-03-31 217.36 30.57 50.45
2012-12-31 217.64 31.09 50.79

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • James Halstead has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • James Halstead used its assets more efficiently than the DE Building industry average last year based on Return on Assets.
  • James Halstead's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess James Halstead's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Building industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
James Halstead has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HSJA Health

 How is James Halstead's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up James Halstead's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • James Halstead is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • James Halstead's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of James Halstead's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 858.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from James Halstead Company Filings, last reported 4 months ago.

BST:HSJA Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 133.06 0.20 68.66
2019-03-31 133.06 0.20 68.66
2018-12-31 124.21 0.20 62.80
2018-09-30 124.21 0.20 62.80
2018-06-30 128.82 0.20 50.68
2018-03-31 128.82 0.20 50.68
2017-12-31 116.66 0.20 47.48
2017-09-30 116.66 0.20 47.48
2017-06-30 114.06 0.20 52.53
2017-03-31 114.06 0.20 52.53
2016-12-31 97.50 0.20 51.61
2016-09-30 97.50 0.20 51.61
2016-06-30 97.47 0.20 44.10
2016-03-31 97.47 0.20 44.10
2015-12-31 90.38 0.20 55.85
2015-09-30 90.38 0.20 55.85
2015-06-30 106.46 0.20 47.43
2015-03-31 106.46 0.20 47.43
2014-12-31 96.56 0.20 46.72
2014-09-30 96.56 0.20 46.72
2014-06-30 98.59 0.20 38.68
2014-03-31 98.59 0.20 38.68
2013-12-31 91.37 0.20 38.56
2013-09-30 91.37 0.20 38.56
2013-06-30 90.80 0.20 34.87
2013-03-31 90.80 0.20 34.87
2012-12-31 98.95 0.20 51.93
  • James Halstead's level of debt (0.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (0.2% vs 0.2% today).
  • Debt is well covered by operating cash flow (25134.5%, greater than 20% of total debt).
  • James Halstead earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess James Halstead's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. James Halstead has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HSJA Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.79%
Current annual income from James Halstead dividends. Estimated to be 3.01% next year.
If you bought €2,000 of James Halstead shares you are expected to receive €56 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • James Halstead's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.39%).
  • James Halstead's dividend is below the markets top 25% of dividend payers in Germany (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:HSJA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Germany Building Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:HSJA Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-06-30 0.15 1.00
2021-06-30 0.15 2.00
2020-06-30 0.15 2.00
2019-11-13
BST:HSJA Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-10-11 0.140 2.737
2019-10-01 0.140 2.732
2018-10-19 0.135 2.900
2018-09-26 0.135 3.291
2017-10-20 0.130 3.105
2017-10-02 0.130 2.911
2016-10-14 0.120 2.523
2016-10-03 0.120 2.623
2015-11-27 0.110 2.549
2014-10-24 0.100 2.757
2014-10-01 0.100 3.544
2013-10-18 0.088 2.964
2013-10-01 0.088 3.000
2013-03-28 0.083 3.015
2012-10-19 0.080 2.595
2012-10-01 0.080 2.520
2012-01-03 0.072 2.722
2011-10-03 0.072 3.156
2010-09-30 0.067 3.183
2010-09-29 0.067 3.930
2009-09-29 0.061 4.129
2009-09-01 0.061 5.626
2009-03-30 0.054 5.058

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of James Halstead's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
X
Income/ dividend checks
We assess James Halstead's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can James Halstead afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. James Halstead has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HSJA Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mark Halstead
COMPENSATION £412,000
CEO Bio

Mr. Mark Halstead serves as the Chief Executive Officer and Director of James Halstead Plc.

CEO Compensation
  • Mark's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Mark's remuneration is lower than average for companies of similar size in Germany.
Management Team

Mark Halstead

TITLE
CEO & Director
COMPENSATION
£412K

Gordon Oliver

TITLE
Finance Director & Director
COMPENSATION
£385K
AGE
60

David Drillingcourt

TITLE
Company Secretary
TENURE
6.6 yrs
Board of Directors Tenure

Average tenure and age of the James Halstead board of directors in years:

1.9
Average Tenure
61
Average Age
  • The average tenure for the James Halstead board of directors is less than 3 years, this suggests a new board.
Board of Directors

Tony Wild

TITLE
Independent Chairman
COMPENSATION
£37K
TENURE
1.9 yrs

Mark Halstead

TITLE
CEO & Director
COMPENSATION
£412K

Geoffrey Halstead

TITLE
Honorary President
COMPENSATION
£49K
TENURE
1.9 yrs

Gordon Oliver

TITLE
Finance Director & Director
COMPENSATION
£385K
AGE
60

Steve Hall

TITLE
Senior Independent Director
COMPENSATION
£22K
AGE
64
TENURE
7.8 yrs

Russell Whiting

TITLE
Non-Executive Director
COMPENSATION
£12K
AGE
53
TENURE
1.9 yrs

Michael Halstead

TITLE
Non-Executive Director
COMPENSATION
£12K
AGE
62
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
15. May 19 Sell Michael Halstead Individual 14. May 19 14. May 19 -120,000 €5.85 €-702,222
10. May 19 Sell Michael Halstead Individual 10. May 19 10. May 19 -100,000 €5.91 €-591,061
X
Management checks
We assess James Halstead's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. James Halstead has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HSJA News

Simply Wall St News

HSJA Company Info

Description

James Halstead plc manufactures and distributes flooring products for commercial and domestic uses in the United Kingdom, rest of Europe, Scandinavia, Australasia and Asia, and internationally. It provides its products under the Polyflor, Palettone, Camaro, Polysafe, Recofloor, and Expona names. The company was founded in 1914 and is based in Manchester, the United Kingdom.

Details
Name: James Halstead plc
HSJA
Exchange: BST
Founded: 1914
£1,219,661,339
208,131,108
Website: http://www.jameshalstead.com
Address: James Halstead plc
Beechfield,
Hollinhurst Road,
Manchester,
Greater Manchester, M26 1JN,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM JHD Ordinary Shares London Stock Exchange AIM Market GB GBP 03. Jan 1980
BST HSJA Ordinary Shares Boerse-Stuttgart DE EUR 03. Jan 1980
Number of employees
Current staff
Staff numbers
850
James Halstead employees.
Industry
Building Products
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/13 22:16
End of day share price update: 2019/11/13 00:00
Last estimates confirmation: 2019/10/02
Last earnings filing: 2019/10/11
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.