Just Group plc (JUST) AI Stock Analysis

• Market Cap: £2.26B
• Dividend Yield: 1.22%
• Average Volume (3M): 4.76M
• Price to Earnings (P/E): 34.9
• Beta (1Y): 0.92
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: 233.00p ▲(7.62% Upside)

The overall stock score of 66 reflects a mix of strong technical momentum and positive corporate events, offset by financial performance challenges and high valuation concerns. The acquisition by BWS Holdings and CEO's increased shareholding are significant positives, while overbought technical indicators and high P/E ratio present potential risks.

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 provides various financial services in the retirement income market in the United Kingdom. It offers de-risking solutions, guaranteed income for life, secure lifetime income, care plans, lifetime mortgages, and protection products. The company also provides professional services, including regulated financial advice and guidance services; and a range of business services, such as consultancy and software development, and outsourced customer service delivery and marketing services. In addition, it engages in the writing of insurance products for distribution to the at- or in-retirement market, which is undertaken through the activities of the life company; and provision of licensed software to financial advisers, banks, building societies, life assurance companies, and pension trustees. Further, the company provides lifetime mortgages through advice and intermediary services. It offers its products and services to trustees and scheme sponsors, individuals, homeowners, and other corporate clients. The company was formerly known as JRP Group plc and changed its name to Just Group plc in May 2017. Just Group plc was founded in 2004 and is based in Reigate, the United Kingdom.

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: 216.50
• 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 216.5 is above the 20-day moving average (MA) of 216.27, above the 50-day MA of 214.71, and above the 200-day MA of 180.07, indicating a bullish trend. The MACD of 0.75 indicates Negative momentum. The RSI at 75.62 is Negative, neither overbought nor oversold. The STOCH value of 100.00 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
CRE	77 Outperform	£577.16M	53.96	1.39%	7.08%	15.83%	-93.41%
LRE	76 Outperform	£1.47B	8.18	15.18%	11.03%	8.78%	-38.83%
CSN	72 Outperform	£701.93M	-66.96	-2.53%	8.03%	-48.03%	-289.17%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
JUST	66 Neutral	£2.26B	34.86	5.21%	1.22%	-7.30%	-27.69%
QLT	66 Neutral	£2.51B	-2,067.78	-0.05%	3.40%	-28.04%	-102.43%
PAG	65 Neutral	£1.66B	9.66	12.70%	4.74%	-4.98%	3.02%

Just Group plc Corporate Events

Just Group CEO Increases Shareholding Through Option Exercise

Just Group plc announced that its Group CEO, David Richardson, has exercised options to acquire ordinary shares under the company’s Long Term Incentive Plan and Deferred Share Bonus Plan. Following these transactions, Richardson’s shareholding in the company increased by 906,370 shares, indicating a significant vote of confidence in the company’s future prospects.

The most recent analyst rating on (GB:JUST) stock is a Hold with a £226.00 price target. To see the full list of analyst forecasts on Just Group plc stock, see the GB:JUST Stock Forecast page.