Just Group plc (JUST) AI Stock Analysis

• Market Cap: £2.21B
• Dividend Yield: 1.23%
• Average Volume (3M): 4.76M
• Price to Earnings (P/E): 34.1
• Beta (1Y): 1.07
• Revenue Growth: -7.30%
• EPS Growth: -27.69%
• Country: UK
• Employees: 1,384
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Specialty
• EPS (TTM): 0.14
• Shares Outstanding: 1,038,702,900
• 10 Day Avg. Volume: 4,500,286
• 30 Day Avg. Volume: 4,761,777
• PEG Ratio: -0.52
• Price to Book (P/B): 1.36
• Price to Sales (P/S): -1.02
• P/FCF Ratio: 1.97
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: 226.00p ▲(5.36% Upside)

Just Group plc's overall stock score is driven by strong technical momentum and positive corporate events, despite mixed financial performance and high valuation concerns. The company's effective cash flow management and strategic initiatives provide a positive outlook, but caution is advised due to overbought technical indicators and high P/E ratio.

Positive Factors

Strong Cash Flow Management

Effective cash flow management provides a cushion against income volatility, ensuring the company can meet its financial obligations and invest in growth opportunities.

Strategic Board Appointment

The appointment of an experienced director enhances the company's risk management capabilities and supports its mission to improve retirement outcomes, strengthening governance.

Dividend Increase

A significant dividend increase reflects management's confidence in future cash flows and profitability, potentially attracting income-focused investors.

Negative Factors

Decline in Equity

A declining equity base indicates increased reliance on liabilities, which could limit financial flexibility and increase risk in economic downturns.

Revenue Volatility

Inconsistent revenue growth can hinder long-term planning and investment, impacting the company's ability to sustain operations and expand market share.

Profitability Challenges

Weak profit margins indicate potential inefficiencies or pricing pressures, which could affect the company's ability to generate sustainable profits over time.

Just Group plc Business Overview & Revenue Model

Company Description

Just Group plc (JUST) is a UK-based financial services company specializing in retirement income solutions and protection products. The company operates primarily in the life insurance and pension sectors, offering a range of products including annuities, equity release plans, and long-term care insurance. JUST aims to provide financial security and peace of mind for its customers during retirement, leveraging innovative products to meet the evolving needs of an aging population.

How the Company Makes Money

Just Group plc generates revenue primarily through the sale of its insurance and pension products. Key revenue streams include the premiums paid by customers for life insurance policies and annuities, as well as fees associated with asset management and administration services. The company also earns income from investments made with the premiums collected, which contribute to its overall profitability. Significant partnerships with financial advisors and distributors enhance its market reach, allowing JUST to tap into a broader customer base. Additionally, the company benefits from regulatory environments that encourage retirement planning, driving demand for its products.

Just Group plc Financial Statement Overview

Summary

Just Group plc exhibits mixed financial performance with challenges in revenue consistency and profitability. The balance sheet is moderately stable, but the decline in equity is concerning. Strong cash flow management provides a cushion against income volatility.

Income Statement

The income statement shows significant volatility in revenue and profit margins. A notable concern is the negative total revenue reported in 2024, indicating possible anomalies or one-time adjustments. Historical revenue growth is inconsistent, with a decline from 2022 to 2023, but a recovery in net income in 2024. The net profit margin is weak, suggesting profitability challenges.

Balance Sheet

The balance sheet reflects a moderate level of financial stability. The debt-to-equity ratio is reasonable, indicating a balanced approach to leverage. However, the decline in stockholders' equity over recent years is a concern. The equity ratio has decreased, pointing to increased reliance on liabilities.

Cash Flow

Cash flow analysis indicates a strong free cash flow growth in 2024, with a robust free cash flow to net income ratio. Operating cash flow has been consistently positive, except for 2021, suggesting good cash generation capability. The company appears to manage its cash flows effectively, despite fluctuations in net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	-935.00M	-1.66B	912.00M	5.69B	3.22B	4.63B
Gross Profit	-3.49B	-1.66B	1.09B	-5.61B	2.49B	4.65B
EBITDA	381.00M	358.00M	299.00M	-431.00M	140.00M	419.50M
Net Income	65.00M	80.00M	129.00M	-376.00M	-35.40M	193.60M
Balance Sheet
Total Assets	38.69B	37.92B	31.84B	24.83B	25.54B	25.04B
Cash, Cash Equivalents and Short-Term Investments	0.00	1.62B	1.25B	1.39B	510.00M	1.50B
Total Debt	4.72B	846.00M	695.00M	707.90M	778.20M	780.30M
Total Liabilities	37.43B	36.68B	30.64B	22.65B	23.10B	22.55B
Stockholders Equity	1.27B	1.25B	1.21B	2.18B	2.44B	2.49B
Cash Flow
Free Cash Flow	162.00M	859.00M	138.00M	137.10M	-676.00M	895.40M
Operating Cash Flow	164.00M	863.00M	141.00M	145.20M	-668.70M	897.80M
Investing Cash Flow	429.00M	-5.00M	-2.00M	-202.30M	-77.90M	-2.40M
Financing Cash Flow	-57.00M	52.00M	-110.00M	-168.00M	-57.50M	78.40M

Just Group plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 214.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:JUST, the sentiment is Positive. The current price of 214.5 is above the 20-day moving average (MA) of 213.22, above the 50-day MA of 212.48, and above the 200-day MA of 171.45, indicating a bullish trend. The MACD of 0.57 indicates Negative momentum. The RSI at 70.06 is Negative, neither overbought nor oversold. The STOCH value of 99.25 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:JUST.

Just Group plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LRE	82 Outperform	£1.58B	8.77	15.18%	11.86%	8.78%	-38.83%
OSB	77 Outperform	£2.04B	8.12	12.04%	5.96%	-7.30%	-27.83%
PAG	73 Outperform	£1.61B	8.40	14.68%	4.84%	6.25%	10.48%
RAT	69 Neutral	£1.88B	29.57	4.75%	5.08%	14.05%	-3.07%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
JUST	64 Neutral	£2.21B	34.05	5.21%	1.23%	-7.30%	-27.69%
NBS	61 Neutral	£1.38B	0.52	12.71%	―	24.32%	122.52%

Just Group plc Corporate Events

Just Group plc Reports H1 2025 Results, Anticipates Strong H2 Performance

Just Group plc reported its financial results for the first half of 2025, highlighting a decrease in underlying operating profit due to lower new business margins and sales. Despite this, the company remains optimistic about the second half of the year, with a strong sales pipeline and a robust capital coverage ratio of 198%. The company also announced a 20% increase in its dividend, reflecting confidence in its future prospects.

The most recent analyst rating on (GB:JUST) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Just Group plc stock, see the GB:JUST Stock Forecast page.

Just Group plc Appoints Matt Saker as Independent Non-Executive Director

Just Group plc has appointed Matt Saker as an Independent Non-Executive Director, where he will chair the Group Risk and Compliance Committee and join the Audit Committees of Just Retirement Limited and Partnership Life Assurance Company Limited. With extensive experience in the insurance sector, including his role as Chief Risk Officer at Aviva, Saker is expected to enhance the group’s risk management capabilities and support its mission to improve retirement outcomes for clients.

The most recent analyst rating on (GB:JUST) stock is a Buy with a £1.46 price target. To see the full list of analyst forecasts on Just Group plc stock, see the GB:JUST Stock Forecast page.

Just Group PLC Announces Change in Major Holdings

Just Group PLC, a UK-based company, has announced a change in its major holdings due to an acquisition or disposal of voting rights by JPMorgan Asset Management Holdings Inc., a US-based entity. The notification reveals that JPMorgan’s voting rights in Just Group have fallen below the minimum threshold, indicating a decrease from a previous position of over 5%. This change could impact the company’s shareholder structure and influence its strategic decisions.

The most recent analyst rating on (GB:JUST) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Just Group plc stock, see the GB:JUST Stock Forecast page.

BlackRock Adjusts Voting Rights in Just Group plc

Just Group plc, a UK-based company, has announced a change in its major holdings as BlackRock, Inc. has adjusted its voting rights position. The notification reveals that BlackRock’s voting rights in Just Group have fallen below the 5% threshold, which may impact the company’s shareholder dynamics and influence within the market.

The most recent analyst rating on (GB:JUST) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Just Group plc stock, see the GB:JUST Stock Forecast page.

Just Group Director Acquires Significant Shareholding

Just Group plc announced a transaction involving Mary Phibbs, the Senior Independent Director, who acquired 30,000 ordinary shares at a price of £1.44 each on the London Stock Exchange. This acquisition reflects confidence in the company’s performance and may positively influence stakeholder perception regarding the company’s market position.

The most recent analyst rating on (GB:JUST) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Just Group plc stock, see the GB:JUST Stock Forecast page.

BlackRock Adjusts Voting Rights in Just Group plc

BlackRock, Inc., a major shareholder in Just Group plc, has adjusted its voting rights, reducing its total voting rights from 5.22% to 5.16% as of May 14, 2025. This change in holdings reflects a slight decrease in BlackRock’s influence over Just Group, potentially impacting shareholder dynamics and decision-making within the company.

The most recent analyst rating on (GB:JUST) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Just Group plc stock, see the GB:JUST Stock Forecast page.