Diageo (DGE)

Sector:

Beverages

Index:

FTSE 100

2,831.50p
   
  • Change Today:
    -18.50p
  • 52 Week High: 3,553.50
  • 52 Week Low: 2,685.50
  • Currency: UK Pounds
  • Shares Issued: 2,223.26m
  • Volume: 1,762,574
  • Market Cap: £62,952m
  • RiskGrade: 122

Key Financials

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Growth Metrics 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20 30-Jun-19
Annualisation Factor 1.0 1.0 n/a 1.0 1.0
Dividend Yield 2.4% 2.2% 2.1% 2.6% 2.0%
           
Continuing Operations          
PE Ratio - Adjusted 20.7 23.2 29.5 24.5 25.9
PE Ratio - Diluted 20.6
19.7		 25.3
23.3		 30.5
29.6		 44.8
24.6		 26.0
26.0
PEG - Adjusted 2.6 0.8 4.2 n/a 2.6
PEG - Diluted 1.1
1.5		 1.1
0.8		 0.3
4.2		 n/a
n/a		 3.7
1.7
Return on Capital Employed n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Operating Margin 21.09%
22.34%		 19.57%
21.23%		 19.55%
19.53%		 11.95%
19.74%		 21.70%
21.38%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 20.7 23.2 2,918.1 24.5 25.9
PE Ratio - Diluted 20.6
19.7		 25.3
23.3		 3,023.6
2,929.1		 44.8
24.6		 26.0
26.0
PEG - Adjusted 2.6 0.0 n/a n/a 2.6
PEG - Diluted 1.1
1.5		 0.0
0.0		 n/a
n/a		 n/a
n/a		 3.7
1.7

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20 30-Jun-19
Net Gearing 206.71% 190.84% 173.67% 198.79% 139.01%

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Value Metrics 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20 30-Jun-19
Price/Book Value (34.5) (34.3) (34.7) (22.0) (33.6)
Price/Tangible Book Value (20.7) (19.9) (20.9) (13.9) (19.3)
Price/ Cash Flow 25.3 20.8 22.1 n/a 25.2
Price/Revenue 3.25 3.65 418.37 3.55 4.24
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) (98.06p) (103.02p) (99.83p) (121.91p) (100.70p)
Net Cash per Share n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Annualised Fundamentals 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20 30-Jun-19
Continuing Operations          
Revenue 23,515.00 22,448.00 193.33 17,697.00 19,294.00
EBITDA 6,026.00
6,320.00		 5,220.00
5,594.00		 42.31
42.27		 2,594.00
3,974.00		 4,560.00
4,499.00
Depreciation (1,066.00)
(1,066.00)		 (828.00)
(828.00)		 (4.51)
(4.51)		 (480.00)
(480.00)		 (374.00)
(374.00)
Net Interest (594.00)
(594.00)		 (422.00)
(422.00)		 (3.77)
(3.77)		 (353.00)
(353.00)		 (263.00)
(263.00)
Profit Before Tax 4,736.00
5,030.00		 4,387.00
4,761.00		 37.41
37.42		 2,043.00
3,423.00		 4,235.00
4,174.00
           
Revenue per Share 1,038.65p 968.42p 8.27p 754.35p 797.93p
Pre-Tax Profit per Share 209.19p
222.17p		 189.26p
205.39p		 1.60p
1.60p		 87.08p
145.91p		 175.15p
172.62p
Market Capitalisation £ (Millions) 83,123.40 88,191.89 88,566.99 n/a 88,017.84
Enterprise Value (EV) £ (Millions) 100,384.40 104,885.89 103,027.99 16,520.00 100,297.84
EBITDA/EV 6.00%
6.30%		 4.98%
5.33%		 0.04%
0.04%		 15.70%
24.06%		 4.55%
4.49%
Operating Margin 21.09%
22.34%		 19.57%
21.23%		 19.55%
19.53%		 11.95%
19.74%		 21.70%
21.38%
Capital Employed £ (Millions) 17,814.00 17,356.00 14,613.00 16,190.00 12,469.00
Return on Capital Employed n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Invested Equity Capital £ (Millions) 10,378.00 10,519.00 9,116.00 9,037.00 10,710.00
           
Earnings per Share - Basic 164.90p
171.69p		 140.20p
151.85p		 113.80p
117.46p		 60.10p
109.38p		 130.70p
130.85p
Earnings per Share - Diluted 164.40p
171.16p		 139.70p
151.40p		 113.40p
117.06p		 59.90p
109.01p		 130.10p
130.31p
Earnings per Share - Adjusted 163.50p 151.90p 117.50p 109.40p 130.80p
Earnings per Share Growth - Basic 18%
13%		 23%
29%		 89%
7%		 -54%
-16%		 7%
15%
Earnings per Share Growth - Diluted 18%
13%		 23%
29%		 89%
7%		 -54%
-16%		 7%
15%
Earnings per Share Growth - Adjusted 8% 29% 7% -16% 10%
PE Ratio - Diluted 20.6
19.7		 25.3
23.3		 30.5
29.6		 44.8
24.6		 26.0
26.0
PEG - Diluted 1.1
1.5		 1.1
0.8		 0.3
4.2		 n/a
n/a		 3.7
1.7
Tax Rate 22.22% 26.42% 26.90% 33.45% 22.89%
Dividend Cover 2.04
2.15		 1.99
1.99		 1.62
1.62		 1.57
1.57		 1.91
1.91
Interest Cover 6.07
6.39		 5.77
6.18		 6.69
6.69		 3.84
5.76		 7.01
6.92
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 164.90p
171.69p		 140.20p
151.85p		 1.15p
1.19p		 60.10p
109.38p		 130.70p
130.85p
Earnings per Share - Diluted 164.40p
171.16p		 139.70p
151.40p		 1.15p
1.18p		 59.90p
109.01p		 130.10p
130.31p
Earnings per Share - Adjusted 163.50p 151.90p 1.19p 109.40p 130.80p
Earnings per Share Growth - Basic 18%
13%		 12,105%
12,708%		 -98%
-99%		 -54%
-16%		 7%
15%
Earnings per Share Growth - Diluted 18%
13%		 12,104%
12,713%		 -98%
-99%		 -54%
-16%		 7%
15%
Earnings per Share Growth - Adjusted 8% 12,707% -99% -16% 10%
PE Ratio - Diluted 20.6
19.7		 25.3
23.3		 3,023.6
2,929.1		 44.8
24.6		 26.0
26.0
PEG - Diluted 1.1
1.5		 0.0
0.0		 n/a
n/a		 n/a
n/a		 3.7
1.7
Dividend Cover 2.04
2.15		 1.99
1.99		 0.02
0.02		 1.57
1.57		 1.91
1.91
Return on Equity (ROE) 35.98%
37.45%		 30.89%
33.46%		 0.29%
0.30%		 15.59%
28.39%		 29.51%
29.54%
Operating Cash Flow per Share 133.57p 169.76p 156.35p n/a 134.33p
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share (25.66p) (28.69p) (0.100p) n/a 2.23p
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 80.00p 76.18p 72.55p 69.88p 68.57p
Dividend per Share Growth 5.01% 5.00% 3.82% 1.91% 5.01%
Dividend Yield 2.4% 2.2% 2.1% 2.6% 2.0%
Shareholders Funds 7,822.00 7,798.00 6,897.00 6,772.00 8,361.00
Net Borrowings £ (Millions) 16,169.00 14,882.00 11,978.00 13,462.00 11,623.00
Net Asset Value per Share (inc. Intangibles) (162.99p) (177.05p) (165.47p) (193.01p) (174.94p)

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - inc Intangibles 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20 30-Jun-19
Shareholders' Funds inc Intangibles 7,822.00 7,798.00 6,897.00 6,772.00 8,361.00
Net Borrowings £ (Millions) 16,169.00 14,882.00 11,978.00 13,462.00 11,623.00
Net Gearing 206.71% 190.84% 173.67% 198.79% 139.01%
Cash & Near Cash 1,439.00 2,285.00 2,749.00 3,323.00 932.00
Cash 18.40% 29.30% 39.86% 49.07% 11.15%
Gross Borrowings 17,608.00 17,167.00 14,727.00 16,785.00 12,555.00
Gross Gearing 225.11% 220.15% 213.53% 247.86% 150.16%
Borrowings Under 5 years 17,608.00 17,167.00 14,727.00 16,785.00 12,555.00
Under 5 years 225.11% 220.15% 213.53% 247.86% 150.16%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - exc Intangibles 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20 30-Jun-19
Shareholders' Funds exc Intangibles (3,690.00) (4,104.00) (3,867.00) (4,528.00) (4,230.00)
Net Borrowings £ (Millions) 16,169.00 14,882.00 11,978.00 13,462.00 11,623.00
Net Gearing n/a n/a n/a n/a n/a
Cash & Near Cash 1,439.00 2,285.00 2,749.00 3,323.00 932.00
Cash (39.00%) (55.68%) (71.09%) (73.39%) (22.03%)
Gross Borrowings 17,608.00 17,167.00 14,727.00 16,785.00 12,555.00
Gross Gearing 477.18% 418.30% 380.84% 370.69% 296.81%
Borrowings Under 5 years 17,608.00 17,167.00 14,727.00 16,785.00 12,555.00
Under 5 years (477.18%) (418.30%) (380.84%) (370.69%) (296.81%)
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Cover 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20 30-Jun-19
Quick Ratio 0.62 0.69 0.76 0.88 0.56
Current Ratio 1.63 1.53 1.60 1.77 1.34

Key

* GAAP

a. Includes discontinued activities

b. Based on operating cash flow before tax

c. Not disclosed under IFRS

d. Includes non-current assets

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: Normalised ratios are shown in blue text

Note 6: Forecast figures based on normalised accounts.

 

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