Loading...

We've got a brand new version of Simply Wall St! Try it out

Capita

DB:CTAA
Snowflake Description

Undervalued with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CTAA
DB
£3B
Market Cap
  1. Home
  2. DE
  3. Commercial Services
Company description

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.


Add to Portfolio Compare Print
  • Capita has significant price volatility in the past 3 months.
CTAA Share Price and Events
7 Day Returns
8.7%
DB:CTAA
0.3%
Europe Professional Services
1%
DE Market
1 Year Returns
68%
DB:CTAA
18.6%
Europe Professional Services
14.2%
DE Market
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.
Price Volatility
CTAA
Industry
5yr Volatility vs Market

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.
Raw Data

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

DB:CTAA Discounted Cash Flow Data Sources
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.

Calculation of Discount Rate/ Cost of Equity for DB:CTAA
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.

DB:CTAA DCF 1st Stage: Next 10 year cash flow forecast
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
DB:CTAA DCF 2nd Stage: Terminal Value
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
DB:CTAA Total Equity Value
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
DB:CTAA Discount to Share Price
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
Amount off the current price Capita is available for.
Intrinsic value
45%
Share price is €2.06 vs Future cash flow value of €3.73
Current Discount Checks
For Capita to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • 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?
Raw Data
DB:CTAA PE (Price to Earnings) Ratio Data Sources
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.

DB:CTAA PE (Price to Earnings) Ratio Calculation
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?
Raw Data
DB:CTAA PEG (Price to Earnings to Growth) Ratio Data Sources
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 .

DB:CTAA PEG (Price to Earnings to Growth) Ratio Calculation
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?
Raw Data
DB:CTAA PB (Price to Book) Ratio Data Sources
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
DB:CTAA PB (Price to Book) Ratio Calculation
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.
X
Value checks
We assess Capita'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 Professional Services 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 Professional Services industry average (and greater than 0)? (1 check)
  5. 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!
Annual Growth Rate
21.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Capita expected to grow at an attractive rate?
  • 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
Raw Data
DB:CTAA Future Growth Rates Data Sources
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
Raw Data
DB:CTAA Analysts Growth Expectations Data Sources
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 numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:CTAA Future Estimates Data
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
DB:CTAA Past Financials Data
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.

Super high growth metrics
High Growth Checks
  • Capita's earnings are expected to grow significantly at over 20% yearly.
  • Capita's revenue is expected to grow by 2% 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
DB:CTAA 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.

DB:CTAA Future Estimates Data
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
DB:CTAA Past Financials Data
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.

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.
  • Capita is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Capita'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 Europe 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.
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
Below we compare Capita's growth in the last year to its industry (Professional Services).
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.
  • 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
Capita'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 Capita Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CTAA 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 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).
X
Past performance checks
We assess Capita'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 Professional Services 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.
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.
Net Worth
  • 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
This treemap shows a more detailed breakdown of Capita'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.
  • 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.
Raw Data

All data from Capita Company Filings, last reported 5 months ago.

DB:CTAA Past Debt and Equity Data
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).
X
Financial health checks
We assess Capita'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. Capita has a total score of 0/6, 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.

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
Dividend payments
0%
Current annual income from Capita dividends. Estimated to be 0.61% next year.
If you bought €2,000 of Capita shares you are expected to receive €0 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?
  • 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.
Raw Data
DB:CTAA 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 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.

DB:CTAA Future Dividends Estimate Data
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
DB:CTAA Past Annualized Dividends Data
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.
Current Payout to shareholders
What portion of Capita's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Capita has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Capita's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Capita'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 Capita afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. 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

 What is the CEO of Capita'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
Jon Lewis
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:

1.9
Average Tenure
52
Average Age
  • The average tenure for the Capita management team is less than 2 years, this suggests a new team.
Management Team

Jon Lewis

TITLE
CEO & Director
COMPENSATION
£2M
AGE
58
TENURE
2 yrs

Simon Butcher

TITLE
CFO & Executive Director
AGE
51
TENURE
0.9 yrs

Mark Brown

TITLE
Chief Information Officer
TENURE
2.8 yrs

Andrew Ripper

TITLE
Head of Investor Relations

Claire Chapman

TITLE
Chief General Counsel
AGE
52
TENURE
1.9 yrs

Shona Nichols

TITLE
Executive Director of Communications

Rupert Green

TITLE
Chief Corporate Development Officer

Will Serle

TITLE
Chief People Officer
TENURE
1.7 yrs

Dave Spencer

TITLE
Managing Director for Real Estate & Infrastructure Business
TENURE
2.5 yrs

Ismail Amla

TITLE
Chief Growth Officer
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Capita board of directors in years:

2.4
Average Tenure
56
Average Age
  • The average tenure for the Capita board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ian Powell

TITLE
Non-Executive Chairman
COMPENSATION
£325K
TENURE
2.9 yrs

Jon Lewis

TITLE
CEO & Director
COMPENSATION
£2M
AGE
58
TENURE
2 yrs

Simon Butcher

TITLE
CFO & Executive Director
AGE
51
TENURE
0.9 yrs

Matthew Lester

TITLE
Non-Executive Director
COMPENSATION
£65K
AGE
56
TENURE
2.8 yrs

Georgina Harvey

TITLE
Independent Non-Executive Director
AGE
54
TENURE
0.2 yrs

Gillian Sheldon

TITLE
Senior Independent Director
COMPENSATION
£75K
TENURE
6.9 yrs

Andrew Williams

TITLE
Non-Executive Director
COMPENSATION
£65K
AGE
52
TENURE
4.9 yrs

John Cresswell

TITLE
Non-Executive Director
COMPENSATION
£65K
AGE
58
TENURE
4.1 yrs

Baroness Neville-Rolfe

TITLE
Independent Non-Executive Director
COMPENSATION
£65K
AGE
66
TENURE
2 yrs

Joseph Murphy

TITLE
Non-Executive Director
TENURE
0.4 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 (€)
08. Apr 19 Buy John Cresswell Individual 08. Apr 19 08. Apr 19 10,000 €1.40 €14,005
X
Management checks
We assess Capita'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. 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.

News

Simply Wall St News

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
Staff numbers
58,733
Capita employees.
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.