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Are Serco Group shares really cheap?

By Chris Bailey | Monday 15 November 2021


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


It is a busy Monday. I will leave some other experts to comment on names such as Cineworld (CINE) – which seems excited by recent UK box office moves but did not talk even remotely sufficiently about potential profit or issues with more debt – or CMC Markets (CMCX), which talked about potentially splitting the business (but which correctly for a spreadbetting firm has a share price fall still notably down year-to-date). Instead I will talk about Serco Group (SRP), who ‘specialise in the delivery of essential public services, with over 50,000 people working in defence, transport, justice, immigration, healthcare and other citizen services across our four regions’, and which was apparently formed back in 1929.

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