Capita
Capita plc provides customer management, administration, and professional support services to clients in the private and public sectors. The last earnings update was 134 days ago. More info.
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- Capita has significant price volatility in the past 3 months.
CTAA Share Price and Events
7 Day Returns
1 Year Returns
CTAA Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Capita (CTAA) | 8.7% | 15.3% | 28% | 68% | -65.4% | -85.1% |
| Europe Professional Services | 0.3% | 0.9% | 2.9% | 18.6% | 34.5% | 63.2% |
| DE Market | 1% | 0% | 6% | 14.2% | 8.7% | 17.5% |
1 Year Return vs Industry and Market
- CTAA outperformed the Professional Services industry which returned 18.6% over the past year.
- CTAA outperformed the Market in Germany which returned 14.2% over the past year.
Value
Is Capita 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
Capita
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Capita.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 10 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 6.9% |
| Perpetual Growth Rate | 10-Year DE Government Bond Rate | -0.4% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year DE Govt Bond Rate | -0.4% |
| Equity Risk Premium | S&P Global | 6.1% |
| Professional Services Unlevered Beta | Simply Wall St/ S&P Global | 0.83 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.835 (1 + (1- 19%) (70.51%)) |
1.209 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.21 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.209 * 6.07%) |
6.95% |
Discounted Cash Flow Calculation for DB:CTAA using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Capita 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.
| Levered FCF (GBP, Millions) | Source |
Present Value Discounted (@ 6.95%) |
|
|---|---|---|---|
| 2020 | 184.78 | Analyst x4 | 172.77 |
| 2021 | 256.16 | Analyst x5 | 223.96 |
| 2022 | 305.80 | Analyst x2 | 250.00 |
| 2023 | 343.00 | Analyst x1 | 262.19 |
| 2024 | 367.94 | Est @ 7.27% | 262.99 |
| 2025 | 386.24 | Est @ 4.97% | 258.14 |
| 2026 | 399.24 | Est @ 3.36% | 249.49 |
| 2027 | 408.18 | Est @ 2.24% | 238.51 |
| 2028 | 414.09 | Est @ 1.45% | 226.25 |
| 2029 | 417.81 | Est @ 0.9% | 213.45 |
| Present value of next 10 years cash flows | £2,357.00 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2029
× (1 + g) ÷ (Discount Rate – g)
= £417.81 × (1 + -0.39%) ÷ (6.95% – -0.39%) |
£5,672.54 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= £5,672.54 ÷ (1 + 6.95%)10 |
£2,898.02 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= £2,357.00 + £2,898.02 |
£5,255.02 |
| Equity Value per Share (GBP) |
= Total value / Shares Outstanding
= £5,255.02 / 1,656.07 |
£3.17 |
| Calculation | Result | |
|---|---|---|
| Non-primary Listing Adjustment Factor |
1 share in DB:CTAA
represents 1.17436x
of
LSE:CPI
(This could be a different class, a depositary receipt, a different currency, or all of these things.) |
1.17436x |
| Value per Share (Listing Adjusted, EUR) |
= Value per Share (GBP) x Listing Adjustment Factor
= £ 3.17 x 1.17436 |
€3.73 |
| Value per share (EUR) | From above. | €3.73 |
| Current discount | Discount to share price of
€2.06
= -1 x (€2.06 - €3.73) / €3.73 |
44.7% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Capita's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Capita's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Capita's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Capita's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-06-30) in GBP | £0.14 |
| LSE:CPI Share Price ** | LSE (2019-12-13) in GBP | £1.76 |
| Europe Professional Services Industry PE Ratio | Median Figure of 95 Publicly-Listed Professional Services Companies | 20.52x |
| Germany Market PE Ratio | Median Figure of 403 Publicly-Listed Companies | 20.75x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Capita.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = LSE:CPI Share Price ÷ EPS (both in GBP) = 1.76 ÷ 0.14 |
12.98x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Capita is good value based on earnings compared to the Europe Professional Services industry average.
- Capita is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does
Capita's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 12.98x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts |
21.3%per year |
| Europe Professional Services Industry PEG Ratio | Median Figure of 58 Publicly-Listed Professional Services Companies | 1.37x |
| Germany Market PEG Ratio | Median Figure of 262 Publicly-Listed Companies | 1.46x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 12.98x ÷ 21.3% |
0.61x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Capita is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
Capita's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-06-30) in GBP | £0.00 |
| LSE:CPI Share Price * | LSE (2019-12-13) in GBP | £1.76 |
| Europe Professional Services Industry PB Ratio | Median Figure of 125 Publicly-Listed Professional Services Companies | 2.29x |
| Germany Market PB Ratio | Median Figure of 578 Publicly-Listed Companies | 1.89x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = LSE:CPI Share Price ÷ Book Value per Share (both in GBP) = 1.76 ÷ 0.00 |
1616.02x |
* Primary Listing of Capita.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Capita is overvalued based on assets compared to the Europe Professional Services industry average.
Value checks
We assess Capita's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check) Capita has a total score of 5/6, 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.
Future Performance
How is Capita expected to perform in the next 1 to 3 years based on estimates from 10 analysts?
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!
Earnings growth vs Low Risk Savings
- Capita's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
- Capita's earnings growth is expected to exceed the Germany market average.
- Capita's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| DB:CTAA Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts | 21.3% |
| DB:CTAA Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts | 2% |
| Europe Professional Services Industry Earnings Growth Rate | Market Cap Weighted Average | 9.5% |
| Europe Professional Services Industry Revenue Growth Rate | Market Cap Weighted Average | 4.7% |
| Germany Market Earnings Growth Rate | Market Cap Weighted Average | 13.2% |
| Germany Market Revenue Growth Rate | Market Cap Weighted Average | 4.8% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (5 months ago) | See Below |
| Future Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
| Date (Data in GBP Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 4,108 | 1 | ||
| 2022-12-31 | 3,969 | 417 | 217 | 2 |
| 2021-12-31 | 3,779 | 401 | 172 | 10 |
| 2020-12-31 | 3,693 | 291 | 148 | 10 |
| 2019-12-31 | 3,686 | -29 | 41 | 7 |
| 2019-12-13 |
| Date (Data in GBP Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-06-30 | 3,758 | -19 | 225 |
| 2019-03-31 | 3,838 | -111 | 244 |
| 2018-12-31 | 3,918 | -202 | 263 |
| 2018-09-30 | 4,019 | -231 | -104 |
| 2018-06-30 | 4,120 | -259 | -472 |
| 2018-03-31 | 4,177 | -36 | -503 |
| 2017-12-31 | 4,235 | 187 | -534 |
| 2017-09-30 | 4,287 | 355 | -330 |
| 2017-06-30 | 4,340 | 522 | -126 |
| 2017-03-31 | 4,354 | 542 | -111 |
| 2016-12-31 | 4,369 | 563 | -95 |
| 2016-09-30 | 4,670 | 563 | -57 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (5 months ago) | See Below |
| Future Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
All data from Capita Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in GBP Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | 0.11 | 0.13 | 0.09 | 5.00 |
| 2020-12-31 | 0.09 | 0.11 | 0.07 | 5.00 |
| 2019-12-31 | 0.03 | 0.04 | 0.01 | 3.00 |
| 2019-12-13 |
| Date (Data in GBP Millions) | EPS * |
|---|---|
| 2019-06-30 | 0.14 |
| 2019-03-31 | 0.16 |
| 2018-12-31 | 0.18 |
| 2018-09-30 | -0.09 |
| 2018-06-30 | -0.49 |
| 2018-03-31 | -0.62 |
| 2017-12-31 | -0.80 |
| 2017-09-30 | -0.50 |
| 2017-06-30 | -0.19 |
| 2017-03-31 | -0.17 |
| 2016-12-31 | -0.14 |
| 2016-09-30 | -0.09 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Capita's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Capita has a total score of 4/6, 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.
Past Performance
How has Capita 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
Past Earnings growth analysis
- Capita's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- Capita has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
- Capita has become profitable in the last year making it difficult to compare the Europe Professional Services industry average.
Earnings and Revenue History
All data from Capita Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in GBP Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-06-30 | 3,757.80 | 224.90 | 865.20 | |
| 2019-03-31 | 3,838.10 | 244.15 | 865.30 | |
| 2018-12-31 | 3,918.40 | 263.40 | 865.40 | |
| 2018-09-30 | 4,019.15 | -104.15 | 828.25 | |
| 2018-06-30 | 4,119.90 | -471.70 | 789.50 | |
| 2018-03-31 | 4,177.25 | -502.60 | 767.65 | |
| 2017-12-31 | 4,234.60 | -533.50 | 745.80 | |
| 2017-09-30 | 4,287.30 | -329.95 | 685.80 | |
| 2017-06-30 | 4,340.00 | -126.40 | 625.80 | |
| 2017-03-31 | 4,354.30 | -110.60 | 620.55 | |
| 2016-12-31 | 4,368.60 | -94.80 | 615.30 | |
| 2016-09-30 | 4,669.50 | -57.25 | 681.55 | |
| 2016-06-30 | 4,703.90 | -33.40 | 674.30 | |
| 2016-03-31 | 4,770.40 | 9.65 | 693.00 | |
| 2015-12-31 | 4,836.90 | 52.70 | 711.70 | |
| 2015-09-30 | 4,716.45 | 141.60 | 691.95 | |
| 2015-06-30 | 4,596.00 | 230.50 | 672.20 | |
| 2015-03-31 | 4,487.05 | 233.20 | 655.00 | |
| 2014-12-31 | 4,378.10 | 235.90 | 637.80 | |
| 2014-09-30 | 4,263.25 | 202.55 | 595.65 | |
| 2014-06-30 | 4,148.40 | 169.20 | 553.50 | |
| 2014-03-31 | 4,022.30 | 173.20 | 566.00 | |
| 2013-12-31 | 3,896.20 | 177.20 | 578.50 | |
| 2013-09-30 | 3,729.75 | 211.90 | 551.40 | |
| 2013-06-30 | 3,563.30 | 246.60 | 524.30 | |
| 2013-03-31 | 3,457.55 | 238.00 | 501.00 | |
| 2012-12-31 | 3,351.80 | 229.40 | 477.70 |
*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.
- Whilst Capita made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
- Capita used its assets more efficiently than the Europe Professional Services industry average last year based on Return on Assets.
- Capita's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Capita's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Capita has a total score of 1/6, 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.
Health
How is Capita'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 Capita's finances.
The net worth of a company is the difference between its assets and liabilities.
- Capita's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Capita's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 1.1x 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.
All data from Capita Company Filings, last reported 5 months ago.
| Date (Data in GBP Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-06-30 | 71.90 | 1,457.60 | 765.80 |
| 2019-03-31 | 71.90 | 1,457.60 | 765.80 |
| 2018-12-31 | 103.30 | 1,526.60 | 967.30 |
| 2018-09-30 | 103.30 | 1,526.60 | 967.30 |
| 2018-06-30 | -128.60 | 1,826.30 | 981.50 |
| 2018-03-31 | -128.60 | 1,826.30 | 981.50 |
| 2017-12-31 | -929.80 | 2,216.10 | 994.30 |
| 2017-09-30 | -929.80 | 2,216.10 | 994.30 |
| 2017-06-30 | -668.30 | 3,395.60 | 1,186.50 |
| 2017-03-31 | -668.30 | 3,395.60 | 1,186.50 |
| 2016-12-31 | -552.90 | 3,232.70 | 1,165.50 |
| 2016-09-30 | 483.40 | 3,232.70 | 1,165.50 |
| 2016-06-30 | 701.30 | 3,440.80 | 999.00 |
| 2016-03-31 | 701.30 | 3,440.80 | 999.00 |
| 2015-12-31 | 753.30 | 2,565.10 | 577.80 |
| 2015-09-30 | 753.30 | 2,565.10 | 577.80 |
| 2015-06-30 | 866.40 | 2,304.50 | 488.70 |
| 2015-03-31 | 866.40 | 2,304.50 | 488.70 |
| 2014-12-31 | 915.50 | 2,100.70 | 473.60 |
| 2014-09-30 | 915.50 | 2,100.70 | 473.60 |
| 2014-06-30 | 887.50 | 2,307.00 | 543.20 |
| 2014-03-31 | 887.50 | 2,307.00 | 543.20 |
| 2013-12-31 | 896.30 | 1,970.80 | 613.80 |
| 2013-09-30 | 896.30 | 1,970.80 | 613.80 |
| 2013-06-30 | 960.40 | 2,098.00 | 563.10 |
| 2013-03-31 | 960.40 | 2,098.00 | 563.10 |
| 2012-12-31 | 878.10 | 2,049.40 | 755.30 |
- Capita's level of debt (2027.3%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (258.1% vs 2027.3% today).
- Operating cash flow is negative therefore debt is not well covered.
- Interest payments on debt are not well covered by earnings (EBIT is 2.3x annual interest expense, ideally 3x coverage).
Financial health checks
We assess Capita's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Capita has a total score of 0/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
Dividends
What is Capita'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
If you bought
€2,000 of
Capita
shares you are expected to receive
€0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Capita's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Capita's dividend against the top 25% market benchmark as the company has not reported any payouts.
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.
| 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 10 Analyst Estimates (S&P Global) | See Below |
| Europe Professional Services Industry Average Dividend Yield | Market Cap Weighted Average of 76 Stocks | 2.5% |
| 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 | 1.3% |
| 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.
| Date (Data in £) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | 0.00 | 1.00 |
| 2021-12-31 | 0.02 | 11.00 |
| 2020-12-31 | 0.01 | 11.00 |
| 2019-12-31 | 0.00 | 11.00 |
| 2019-12-13 |
| Date (Data in £) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-03-14 | 0.000 | 0.000 |
| 2018-08-01 | 0.000 | 0.000 |
| 2018-04-23 | 0.000 | 0.000 |
| 2017-09-21 | 0.317 | 11.761 |
| 2017-04-10 | 0.317 | 5.108 |
| 2017-03-02 | 0.418 | 7.586 |
| 2017-03-01 | 0.317 | 5.892 |
| 2016-04-04 | 0.317 | 4.382 |
| 2016-02-25 | 0.317 | 3.068 |
| 2015-02-26 | 0.292 | 2.418 |
| 2014-07-23 | 0.274 | 2.431 |
| 2014-02-27 | 0.265 | 2.376 |
| 2013-02-28 | 0.235 | 2.407 |
| 2012-07-25 | 0.221 | 2.920 |
| 2012-02-23 | 0.214 | 3.119 |
| 2011-07-21 | 0.206 | 3.061 |
| 2011-04-05 | 0.200 | 2.767 |
| 2011-02-24 | 0.200 | 2.651 |
| 2010-02-25 | 0.168 | 2.280 |
| 2009-02-26 | 0.144 | 2.035 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Capita has not reported any payouts.
- Unable to verify if Capita's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Capita's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Capita afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Capita has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | £2,014,209 |
| AGE | 58 |
| TENURE AS CEO | 2 years |
CEO Bio
Dr. Jonathan Lewis, also known as Jon, has been Director at Statoil ASA since July 01, 2018. He has been the Chief Executive Officer of Capita plc since December 1, 2017. Dr. Lewis served as the Chief Executive Officer of Amec Foster Wheeler plc from June 1, 2016 to November 2017. He joined Amec Foster Wheeler in 2016, following a 20-year career at leading, technology-based, oilfield services company Halliburton, which included 10 years working in, then running, the Landmark software business, a leading technology solutions provider of data management and analytics, science, software and consulting services for the international oil and gas exploration and production industry. He served as Senior Vice President of Completions and Production Division at Halliburton Company from 2014 to May 31, 2016 and served as its Senior Vice President of Europe/SubAfrica from 2011 to 2014 and Vice President of Wireline and Perforating Services from 2007 to 2010. Dr. Lewis served as Senior Vice-President of Drilling and Evaluation Division at Halliburton Company since 2010 to 2011. Dr. Lewis served as Vice President of Digital And Consulting Solutions at Halliburton Company. He joined Halliburton in 1996 as Vice President of the Geology and Reservoir Engineering product line. He served as Vice President and Relationship Manager for ExxonMobil from 2006 to 2007. From 1997 to 2006, he has held various senior management positions at Landmark covering technology development, marketing, corporate strategy, business development and sales operations. His strategy role at Landmark included working with customers to define a vision for the role of digital solutions in driving productivity, including early adoption of leading edge technologies, including real-time data telemetrics, immersive visualisation, big data and SaaS. He has proven experience in technology-enabled services businesses and a track record of delivering value from strategic business transformations. He has strategic vision and a strong track record throughout his career of growing high value, technology-enabled services businesses through securing and developing major client relationships in both the private and public sectors. His business and leadership experience combined with an inspirational and collegiate style. Dr. Lewis has been a Director of CHC Helicopter Corporation since March 2012. He has been a Director of Capita plc since December 1, 2017. He serves as a Director of Amec Foster Wheeler plc. He serves as a Non-Executive Director of PetroData a.s. He has been a Board Member and Industrial Advisory Board at Heriot-Watt University since 2001. He has been a Board Member at University of Houston Energy Advisory Board since 2014. Dr. Lewis served as a Director of CHC Group Ltd, since March 2012. He served as a Director of CHC Group Ltd. from December 2011 to April 26, 2016. He served as a Member of Board of Managers of OFS Portal, LLC. He served as Chairman of the board and President at the BizTech 4 Energy Foundation until 2000. Prior to his commercial career, Jon spent a number of years in academia. He was awarded the NERC post-doctoral grant for research on reservoir characterization while at the Royal School of Mines, Imperial College of Science, Technology and Medicine where he established and grew a commercial research group undertaking studies for British Petroleum, Conoco, Shell and Statoil from 1987 to 1990. From 1990 to 1996, he was Principle Investigator and Conoco Lecturer, Petroleum Geology at Heriot Watt University, where he developed and managed a multi-million dollar commercial research contract portfolio. He has published and given keynote presentations on various E&P topics and in 1996, was awarded a SPE Distinguished Lectureship. Dr. Lewis holds a Bachelor of Science degree in Geology from Kingston Polytechnic in 1984 and a PhD in Geology/Sedimentology from the University of Reading.
CEO Compensation
- Jon's compensation has increased in line with Capita recently becoming profitable.
- Jon's remuneration is about average for companies of similar size in Germany.
Management Team Tenure
Average tenure and age of the Capita management team in years:
- The average tenure for the Capita management team is less than 2 years, this suggests a new team.
Management Team
Jon Lewis
CEO & Director
£2M
58
2 yrs
Simon Butcher
CFO & Executive Director
51
0.9 yrs
Mark Brown
Chief Information Officer
2.8 yrs
Andrew Ripper
Head of Investor Relations
Claire Chapman
Chief General Counsel
52
1.9 yrs
Shona Nichols
Executive Director of Communications
Rupert Green
Chief Corporate Development Officer
Will Serle
Chief People Officer
1.7 yrs
Dave Spencer
Managing Director for Real Estate & Infrastructure Business
2.5 yrs
Ismail Amla
Chief Growth Officer
1 yrs
Board of Directors Tenure
Average tenure and age of the Capita board of directors in years:
- The average tenure for the Capita board of directors is less than 3 years, this suggests a new board.
Board of Directors
Ian Powell
Non-Executive Chairman
£325K
2.9 yrs
Jon Lewis
CEO & Director
£2M
58
2 yrs
Simon Butcher
CFO & Executive Director
51
0.9 yrs
Matthew Lester
Non-Executive Director
£65K
56
2.8 yrs
Georgina Harvey
Independent Non-Executive Director
54
0.2 yrs
Gillian Sheldon
Senior Independent Director
£75K
6.9 yrs
Andrew Williams
Non-Executive Director
£65K
52
4.9 yrs
John Cresswell
Non-Executive Director
£65K
58
4.1 yrs
Baroness Neville-Rolfe
Independent Non-Executive Director
£65K
66
2 yrs
Joseph Murphy
Non-Executive Director
0.4 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 08. Apr 19 | Buy | John Cresswell | Individual | 08. Apr 19 | 08. Apr 19 | 10,000 | €1.40 | €14,005 | ||
Management checks
We assess Capita's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Capita 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.
Company Info
Description
Capita plc provides customer management, administration, and professional support services to clients in the private and public sectors. The company offers automation, business transformation, customer management, data and analytics, digital transformation, government, IT and networks, people, and software solutions and services, as well as specialist services, such as intelligent communications, financial, legal, travel and event, start-up development, property and infrastructure, procurement, and translation and interpreting, and workplace technology services. Capita plc provides its services to banking and financial services, insurance, life and pensions, retail, telecoms and media, transport, utilities, central and local government, defense, education, emergency services, health, police and justice, and science sectors. The company operates in the United Kingdom, Ireland, Northern Europe, the United States, India, South Africa, and Dubai. The company was formerly known as The Capita Group plc and changed its name to Capita plc in January 2012. Capita plc was founded in 1984 and is headquartered in London, the United Kingdom.
Details
| Name: | Capita plc |
| CTAA | |
| Exchange: | DB |
| Founded: | 1984 |
| £3,484,450,678 | |
| 1,656,066,212 | |
| Website: | http://www.capita.com |
| Address: |
Capita plc 30 Berners Street, London, Greater London, W1T 3LR, United Kingdom |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| LSE | CPI | Ordinary Shares | London Stock Exchange | GB | GBP | 02. Jan 1992 | |
| OTCPK | CTAG.F | Ordinary Shares | Pink Sheets LLC | US | USD | 02. Jan 1992 | |
| DB | CTAA | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 02. Jan 1992 | |
| BATS-CHIXE | CPIL | Ordinary Shares | BATS 'Chi-X Europe' | GB | GBP | 02. Jan 1992 | |
| OTCPK | CTAG.Y | UNSPONSORD ADR | Pink Sheets LLC | US | USD | 13. Oct 2008 |
Number of employees
Current staff
Industry
| Human Resource and Employment Services | |
| Commercial Services |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/12/13 21:07 |
| End of day share price update: | 2019/12/13 00:00 |
| Last estimates confirmation: | 2019/12/13 |
| Last earnings filing: | 2019/08/01 |
| Last earnings reported: | 2019/06/30 |
| Last annual earnings reported: | 2018/12/31 |
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.
