Serco Group(SRP)

Sector:

Support Services

Index:

FTSE 250

Market Cap

£1,988.67m

Change Today

Price Down-5.00p

Share Price

409.25p

Serco Group Overview

Global service company Serco manages research laboratories, local education authorities, leisure centres and prisons. Its business also includes the operation of London’s Docklands Light Railway and air traffic control towers in the Middle East and across America.

1 Day Chart (05-Sep-2008)

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 1.0% 1.2%
Div Cover 4.4 4.4
Op Mrgn 4.7% 4.7%
ROCE 71.1%  

Valuation

Latest F'cast
P/E 22.0 18.8
PEG 1.3 1.1
Pr/Revenue 0.7 0.6
Pr/Book 4.0  

Growth

Latest F'cast
Revenue 10.3% 10.3%
PBT 6.7% 27.6%
EPS 16.6% 17.4%
DPS 18.1% 16.6%

Serco Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-03 a1,324.27 a52.85 11.03p 15.6 1.0 +15% 2.34p 1.4%
31-Dec-04 1,636.90 64.00 11.46p 20.9 5.2 +4% 2.63p 1.1%
31-Dec-05 2,260.30 77.90 14.09p 22.3 1.0 +23% 2.97p 0.9%
31-Dec-06 2,548.20 107.40 15.92p 24.0 1.8 +13% 3.60p 0.9%
31-Dec-07 2,810.70 114.60 18.57p 24.9 1.5 +17% 4.25p 0.9%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Serco Group Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 3,099.96 146.21 21.80p 18.8 1.1 +17% 4.95p 1.2%
31-Dec-09 3,520.13 174.08 25.90p 15.8 0.8 +19% 5.77p 1.4%

Covering analysts: Blue Oar Securities, Citigroup Investment Research, Collins Stewart, Deutsche Bank Research, Evolution Securities, Investec Securities, Landsbanki Kepler, Landsbanki Securities, Merrill Lynch, Panmure Gordon, Seymour Pierce, Shore Capital Stockbrokers

Serco Group Company Announcements

Director/PDMR Shareholding 04-Sep-2008 11:09 PR Newswire
Major Interests in Shares 02-Sep-2008 11:01 PR Newswire
Major Interests in Shares 27-Aug-2008 12:09 PR Newswire

Serco Group ShareCast News

Sunday tips focus: Oxford Catalysts, Serco, Dechra 07-Sep-2008 ShareCast
Sunday tips round-up: Serco, Oxford Catalysts, R... 07-Sep-2008 ShareCast
Former Cobham boss scales back stake 04-Sep-2008 ShareCast

Serco Group Top Newspaper Links

British Defense Firm Buys I.T. Contractor SI Int... 28-Aug-2008 Washington Post
BNFL chief in running for nuclear clean-up post 10-Jun-2008 Telegraph
Vincent Tchenguiz joins battle for Trillium 27-Apr-2008 Sunday Times

Latest Serco Group Director Deals

Traded Action Notifier PriceAmountValue
03-Sep-08 Sell Kevin S Beeston 423.90p 211,878 £898,150.81
03-Sep-08 Exercise of option Kevin S Beeston 0.000p 211,878 £0.00
03-Sep-08 Sell Kevin S Beeston 423.90p 76,734 £325,275.41

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Serco Group Market Data

Currency UK Pounds
Share Price 409.25p Price Down
Change Today -5.00p
52 Week High 475.25
52 Week Low 382.75
Volume 1,609,661
Shares Issued 485.93m
Market Cap £1,988.67m
Beta 0.71
RiskGrade 149

Serco Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.18% below the market average99.18% below the market average99.18% below the market average99.18% below the market average99.18% below the market average
99.02% below the sector average99.02% below the sector average99.02% below the sector average99.02% below the sector average99.02% below the sector average
Price Trend
62.81% above the market average62.81% above the market average62.81% above the market average62.81% above the market average62.81% above the market average
62.90% above the sector average62.90% above the sector average62.90% above the sector average62.90% above the sector average62.90% above the sector average
Income
92.95% below the market average92.95% below the market average92.95% below the market average92.95% below the market average92.95% below the market average
92.06% below the sector average92.06% below the sector average92.06% below the sector average92.06% below the sector average92.06% below the sector average
Growth
15.02% below the market average15.02% below the market average15.02% below the market average15.02% below the market average15.02% below the market average
46% below the sector average46% below the sector average46% below the sector average46% below the sector average46% below the sector average

What The Brokers Say

Strong Buy 7
Buy 1
Neutral 3
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Serco Group Dividends

  Latest Previous
  Interim Final
Ex-Div 03-Sep-08 05-Mar-08
Paid 17-Oct-08 21-May-08
Amount 1.48p 3.02p

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

Serco Group Key Personnel

Chair Kevin S Beeston
CEO Christopher R Hyman
Finance Director Andrew Jenner

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