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Prime People

AIM:PRP
Snowflake Description

Flawless balance sheet, undervalued and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PRP
AIM
£12M
Market Cap
  1. Home
  2. GB
  3. Commercial Services
Company description

Prime People Plc, together with its subsidiaries, provides permanent and contract recruitment services in the United Kingdom, Asia, and internationally. The last earnings update was 98 days ago. More info.


Add to Portfolio Compare Print
  • Prime People has significant price volatility in the past 3 months.
PRP Share Price and Events
7 Day Returns
-1.5%
AIM:PRP
2.5%
GB Professional Services
-0.4%
GB Market
1 Year Returns
20.6%
AIM:PRP
27.7%
GB Professional Services
6.6%
GB Market
PRP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Prime People (PRP) -1.5% -31.6% 6% 20.6% -4.9% -17.2%
GB Professional Services 2.5% 5.2% 14.3% 27.7% 50.2% 90.2%
GB Market -0.4% -1.7% 5.4% 6.6% 3.4% 4.7%
1 Year Return vs Industry and Market
  • PRP underperformed the Professional Services industry which returned 27.7% over the past year.
  • PRP outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 6.6% over the past year.
Price Volatility
PRP
Industry
5yr Volatility vs Market

PRP Value

 Is Prime People 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 Prime People 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 Prime People.

AIM:PRP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.3%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

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 AIM:PRP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.84
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.838 (1 + (1- 19%) (12.13%))
0.946
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (0.946 * 6.07%)
6.27%

Discounted Cash Flow Calculation for AIM:PRP using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Prime People 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.

AIM:PRP DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 6.27%)
2020 2.01 Est @ 4.42% 1.90
2021 2.08 Est @ 3.25% 1.84
2022 2.13 Est @ 2.43% 1.78
2023 2.17 Est @ 1.86% 1.70
2024 2.20 Est @ 1.46% 1.62
2025 2.23 Est @ 1.18% 1.55
2026 2.25 Est @ 0.99% 1.47
2027 2.27 Est @ 0.85% 1.39
2028 2.29 Est @ 0.75% 1.32
2029 2.30 Est @ 0.69% 1.25
Present value of next 10 years cash flows £15.00
AIM:PRP DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £2.30 × (1 + 0.53%) ÷ (6.27% – 0.53%)
£40.29
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £40.29 ÷ (1 + 6.27%)10
£21.92
AIM:PRP Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £15.00 + £21.92
£36.92
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £36.92 / 12.31
£3
AIM:PRP Discount to Share Price
Calculation Result
Value per share (GBP) From above. £3.00
Current discount Discount to share price of £0.97
= -1 x (£0.97 - £3.00) / £3.00
67.8%

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

Current Discount
Amount off the current price Prime People is available for.
Intrinsic value
>50%
Share price is £0.97 vs Future cash flow value of £3
Current Discount Checks
For Prime People to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Prime People's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Prime People'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 Prime People's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Prime People's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:PRP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in GBP £0.12
AIM:PRP Share Price ** AIM (2020-02-20) in GBP £0.97
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PE Ratio Median Figure of 32 Publicly-Listed Professional Services Companies 21.48x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 755 Publicly-Listed Companies 18.64x

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

** Primary Listing of Prime People.

AIM:PRP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.97 ÷ 0.12

7.87x

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

  • Prime People is good value based on earnings compared to the GB Professional Services industry average.
  • Prime People is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Prime People's expected growth come at a high price?
Raw Data
AIM:PRP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.87x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PEG Ratio Median Figure of 22 Publicly-Listed Professional Services Companies 1.75x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 549 Publicly-Listed Companies 1.51x

*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 Prime People, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Prime People's assets?
Raw Data
AIM:PRP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in GBP £1.23
AIM:PRP Share Price * AIM (2020-02-20) in GBP £0.97
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PB Ratio Median Figure of 42 Publicly-Listed Professional Services Companies 2.95x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,318 Publicly-Listed Companies 1.62x
AIM:PRP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.97 ÷ 1.23

0.78x

* Primary Listing of Prime People.

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

  • Prime People is good value based on assets compared to the GB Professional Services industry average.
X
Value checks
We assess Prime People'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. Prime People 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.

PRP Future Performance

 How is Prime People expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Prime People has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
9.7%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Prime People expected to grow at an attractive rate?
  • Unable to compare Prime People's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Prime People's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Prime People's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:PRP Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 9.7%
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 13.1%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*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
AIM:PRP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:PRP Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-09-30 25 2 2
2019-06-30 25 2 2
2019-03-31 25 2 2
2018-12-31 24 2 2
2018-09-30 24 1 2
2018-06-30 24 1 1
2018-03-31 23 1 1
2017-12-31 23 2 1
2017-09-30 24 2 2
2017-06-30 24 2 2
2017-03-31 24 1 2
2016-12-31 23 1 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Prime People is high growth as no earnings estimate data is available.
  • Unable to determine if Prime People is high growth as no revenue estimate data is available.
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
AIM:PRP 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 0 Analyst Estimates (S&P Global) See Below

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

AIM:PRP Past Financials Data
Date (Data in GBP Millions) EPS *
2019-09-30 0.12
2019-06-30 0.13
2019-03-31 0.14
2018-12-31 0.14
2018-09-30 0.16
2018-06-30 0.12
2018-03-31 0.09
2017-12-31 0.11
2017-09-30 0.12
2017-06-30 0.13
2017-03-31 0.13
2016-12-31 0.12

*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.
  • Unable to establish if Prime People will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Prime People is trading at Prime People'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Prime People's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Prime People's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Prime People'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Prime People has a total score of 0/6, 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.

PRP Past Performance

  How has Prime People 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 Prime People'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.
  • Prime People's year on year earnings growth rate has been positive over the past 5 years.
  • Prime People's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Prime People's 1-year earnings growth is negative, it can't be compared to the GB Professional Services industry average.
Earnings and Revenue History
Prime People'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 Prime People Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:PRP Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 25.25 1.51 13.99
2019-06-30 24.96 1.58 13.65
2019-03-31 24.66 1.66 13.32
2018-12-31 24.44 1.64 13.08
2018-09-30 24.22 1.81 12.85
2018-06-30 23.57 1.41 12.40
2018-03-31 22.92 1.02 11.95
2017-12-31 23.46 1.27 11.54
2017-09-30 24.01 1.52 11.13
2017-06-30 24.11 1.56 11.16
2017-03-31 24.21 1.61 11.19
2016-12-31 23.12 1.53 10.87
2016-09-30 22.04 1.45 10.55
2016-06-30 21.40 1.57 10.34
2016-03-31 20.76 1.69 10.13
2015-12-31 19.79 1.58 9.85
2015-09-30 18.82 1.47 9.58
2015-06-30 17.73 1.30 9.18
2015-03-31 16.65 1.13 8.79
2014-12-31 16.15 1.12 8.49
2014-09-30 15.66 1.12 8.19
2014-06-30 15.05 0.98 7.74
2014-03-31 14.44 0.84 7.30
2013-12-31 14.01 0.78 6.97
2013-09-30 13.57 0.72 6.63
2013-06-30 13.30 0.64 6.73
2013-03-31 13.04 0.56 6.83

*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.
  • Prime People has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Prime People used its assets less efficiently than the GB Professional Services industry average last year based on Return on Assets.
  • Prime People has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Prime People'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.
Prime People has a total score of 2/6, 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.

PRP Health

 How is Prime People'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 Prime People's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Prime People is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Prime People's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Prime People'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.
  • Prime People has no debt, it does not need to be covered by short term assets.
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 Prime People Company Filings, last reported 4 months ago.

AIM:PRP Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 15.90 0.00 3.04
2019-06-30 15.90 0.00 3.04
2019-03-31 15.00 0.00 2.31
2018-12-31 15.00 0.00 2.31
2018-09-30 14.34 0.00 1.78
2018-06-30 14.34 0.00 1.78
2018-03-31 15.00 0.00 1.23
2017-12-31 15.00 0.00 1.23
2017-09-30 15.04 0.00 2.57
2017-06-30 15.04 0.00 2.57
2017-03-31 15.07 0.00 2.41
2016-12-31 15.07 0.00 2.41
2016-09-30 14.21 0.00 1.34
2016-06-30 14.21 0.00 1.34
2016-03-31 13.42 0.00 0.95
2015-12-31 13.42 0.00 0.95
2015-09-30 13.47 0.00 1.04
2015-06-30 13.47 0.00 1.04
2015-03-31 13.47 0.00 1.01
2014-12-31 13.47 0.00 1.01
2014-09-30 12.90 0.00 1.11
2014-06-30 12.90 0.00 1.11
2014-03-31 14.42 0.00 2.96
2013-12-31 14.42 0.00 2.96
2013-09-30 13.90 0.01 2.76
2013-06-30 13.90 0.01 2.76
2013-03-31 14.08 0.03 2.28
  • Prime People has no debt.
  • Prime People currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Prime People has no debt, it does not need to be covered by operating cash flow.
  • Prime People has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Prime People'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. Prime People 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.

PRP Dividends

 What is Prime People'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
5.39%
Current annual income from Prime People dividends.
If you bought £2,000 of Prime People shares you are expected to receive £108 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?
  • Prime People's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.81%).
  • Prime People's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.12%).
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
AIM:PRP 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 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 679 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 1.8%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

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

AIM:PRP Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-07-24 0.052 5.400
2018-05-02 0.050 6.155
2017-06-22 0.050 5.420
2016-06-23 0.088 9.474
2016-03-04 0.048 4.994
2015-10-28 0.088 7.344
2015-03-19 0.048 4.217
2014-05-29 0.041 4.234
2013-05-29 0.041 5.517
2012-06-01 0.041 7.690
2011-06-03 0.040 5.814
2010-06-04 0.030 5.031
2010-06-03 0.030 7.063
2009-11-19 0.000 0.000
2009-06-08 0.000 0.000
2009-03-31 0.000 0.000

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Prime People's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Prime People's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Prime People afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Prime People has a total score of 4/6, see the detailed checks below.


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

PRP Management

 What is the CEO of Prime People'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
Peter Moore
COMPENSATION £231,028
AGE 49
TENURE AS CEO 14.1 years
CEO Bio

Mr. Peter H. Moore, MRICS has been Managing Director of Prime People Plc since January 3, 2006. Mr. Moore served as Managing Director of Prime People Plc since December 2005. Mr. Moore worked with Strutt & Parker from 1992 to 1995, qualifying as a chartered surveyor in 1994. He joined Macdonald & Company in November 1995 and was appointed Managing Director in 1996, where he was responsible for day-to-day operations and he has introduced operational tools such as customer relationship management, anonymous staff surveys, staff working groups, objective grading systems for staff and highly incentivising remuneration schemes. He specialises in advising on topics such as staff retention, mergers and acquisitions, human resource policy and remuneration benchmarking. He is also responsible for the industry's benchmark salary and benefits survey undertaken annually in conjunction with RICS. Mr. Moore serves as an Executive Director of Prime People Plc.

CEO Compensation
  • Peter's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Peter's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Robert J. MacDonald

TITLE
Executive Chairman
COMPENSATION
£150K
AGE
71

Peter Moore

TITLE
MD & Executive Director
COMPENSATION
£231K
AGE
49
TENURE
14.1 yrs

Donka Zaneva-Todorinski

TITLE
Finance Director
COMPENSATION
£88K
TENURE
4.3 yrs
Board of Directors Tenure

Average tenure and age of the Prime People board of directors in years:

9.2
Average Tenure
68.5
Average Age
  • The tenure for the Prime People board of directors is about average.
Board of Directors

Robert J. MacDonald

TITLE
Executive Chairman
COMPENSATION
£150K
AGE
71
TENURE
14.1 yrs

Peter Moore

TITLE
MD & Executive Director
COMPENSATION
£231K
AGE
49

Donka Zaneva-Todorinski

TITLE
Finance Director
COMPENSATION
£88K
TENURE
4.3 yrs

John Henry Lewis

TITLE
Non Executive Director
COMPENSATION
£26K
AGE
78
TENURE
14.1 yrs

Chris Heayberd

TITLE
Non Executive Director
COMPENSATION
£41K
AGE
66
TENURE
4.3 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 (£)
02. Sep 19 Buy John Henry Lewis Individual 30. Aug 19 30. Aug 19 20,000 £0.89 £17,868
29. Apr 19 Sell Robert J. MacDonald Individual 29. Apr 19 29. Apr 19 -214,000 £0.78 £-166,920
29. Apr 19 Buy Robert J. MacDonald Individual 29. Apr 19 29. Apr 19 214,000 £0.78 £166,963
X
Management checks
We assess Prime People'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. Prime People 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.

PRP News

Simply Wall St News

Should You Worry About Prime People Plc's (LON:PRP) CEO Pay Cheque?

See our latest analysis for Prime People How Does Peter Moore's Compensation Compare With Similar Sized Companies? … Our data indicates that Prime People Plc is worth UK£11m, and total annual CEO compensation is UK£231k. … CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Prime People (free visualization of insider trades).

Simply Wall St -

Do Directors Own Prime People Plc (LON:PRP) Shares?

As Charlie Munger said 'Show me the incentive and I will show you the outcome.' With a market capitalization of UK£11m, Prime People is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Prime People AIM:PRP Ownership Summary, August 22nd 2019 What Does The Institutional Ownership Tell Us About Prime People? … Insider Ownership Of Prime People The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

Simply Wall St -

Does Prime People Plc's (LON:PRP) P/E Ratio Signal A Buying Opportunity?

We'll look at Prime People Plc's (LON:PRP) P/E ratio and reflect on what it tells us about the company's share price. … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Prime People: P/E of 6.63 = £0.91 ÷ £0.14 (Based on the year to March 2019.) Is A High Price-to-Earnings Ratio Good? … A higher P/E ratio means that investors are paying a higher price for each £1 of company earnings.

Simply Wall St -

Does The Prime People Plc (LON:PRP) Share Price Tend To Follow The Market?

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … This means that -- if history is a guide -- buying the stock would reduce the impact of overall market volatility in many portfolios (depending on the beta of the portfolio, of course). … What this means for you: Since Prime People is not heavily influenced by market moves, its share price is probably far more dependend on company specific developments.

Simply Wall St -

These Fundamentals Make Prime People Plc (LON:PRP) Truly Worth Looking At

Not only did PRP outperformed its past performance, its growth also exceeded the Professional Services industry expansion, which generated a 12% earnings growth. … According to my intrinsic value of the stock, which is driven by analyst consensus forecast of PRP's earnings, investors now have the opportunity to buy into the stock to reap capital gains. … Compared to the rest of the professional services industry, PRP is also trading below its peers, relative to earnings generated.

Simply Wall St -

Have Insiders Been Buying Prime People Plc (LON:PRP) Shares?

So before you buy or sell Prime People Plc (LON:PRP), you may well want to know whether insiders have been buying or selling. … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' Check out our latest analysis for Prime People Prime People Insider Transactions Over The Last Year In the last twelve months, the biggest single purchase by an insider was when Executive Chairman Robert MacDonald bought UK£167k worth of shares at a price of UK£0.78 per share. … It would be great to see more insider buying, but overall it seems like Prime People insiders are reasonably well aligned (owning significant chunk of the company's shares) and optimistic for the future.

Simply Wall St -

Evaluating Prime People Plc’s (LON:PRP) Investments In Its Business

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Prime People: 0.15 = UK£2.1m ÷ (UK£17m - UK£2.8m) (Based on the trailing twelve months to September 2018.) Therefore, Prime People has an ROCE of 15%. … Do Prime People's Current Liabilities Skew Its ROCE? … The Bottom Line On Prime People's ROCE This is good to see, and with a sound ROCE, Prime People could be worth a closer look.

Simply Wall St -

Introducing Prime People (LON:PRP), The Stock That Dropped 16% In The Last Three Years

Unfortunately, that's been the case for longer term Prime People Plc (LON:PRP) shareholders, since the share price is down 16% in the last three years, falling well short of the market return of around 32%. … Although the share price is down over three years, Prime People actually managed to grow EPS by 13% per year in that time. … We note that for Prime People the TSR over the last 3 years was -4.2%, which is better than the share price return mentioned above.

Simply Wall St -

Could The Prime People Plc (LON:PRP) Ownership Structure Tell Us Something Useful?

If you want to know who really controls Prime People Plc (LON:PRP), then you'll have to look at the makeup of its share registry. … With a market capitalization of UK£9.9m, Prime People is a small cap stock, so it might not be well known by many institutional investors. … institutions are noticeable on the share registry

Simply Wall St -

Here's How We Evaluate Prime People Plc's (LON:PRP) Dividend

Today we'll take a closer look at Prime People Plc (LON:PRP) from a dividend investor's perspective. Owning a strong dividend company and reinvesting the dividends is widely seen as an attractive way of growing your wealth.. … In this case, Prime People likely looks attractive to dividend investors, given its 6.1% dividend yield and nine-year payment history.! … Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1

Simply Wall St -

PRP Company Info

Description

Prime People Plc, together with its subsidiaries, provides permanent and contract recruitment services in the United Kingdom, Asia, and internationally. It offers professional recruitment consultancy for the real estate and built environment sectors under the Macdonald & Company brand; and professional recruitment consultancy for the energy, renewables, and environmental sectors under the Prime Energy brand. The company also provides professional recruitment consultancy for the insights, data analytics, and market research sectors under the Prime Insight brand; and recruitment consultancy for the construction and engineering, infrastructure, design and development, real estate, and professional services under the Command Recruitment brand. The company is headquartered in London, the United Kingdom.

Details
Name: Prime People Plc
PRP
Exchange: AIM
Founded:
£11,876,518
12,307,273
Website: http://www.prime-people.co.uk
Address: Prime People Plc
2 Harewood Place,
Hanover Square,
London,
Greater London, W1S 1BX,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM PRP Ordinary Shares London Stock Exchange AIM Market GB GBP 17. May 2005
Number of employees
Current staff
Staff numbers
138
Prime People employees.
Industry
Human Resource and Employment Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/20 21:50
End of day share price update: 2020/02/20 00:00
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


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.