Prudential (PRU)

Sector:

Insurance

Index:

FTSE 100

827.40p
   
  • Change Today:
      23.60p
  • 52 Week High: 1,183.00
  • 52 Week Low: 687.40
  • Currency: UK Pounds
  • Shares Issued: 2,750.43m
  • Volume: 8,014,580
  • Market Cap: £22,757m
  • RiskGrade: 188

Key Financials

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Growth Metrics 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Annualisation Factor 1.0 1.0 n/a 1.0 1.0
Dividend Yield 1.8% 1.3% 1.1% 0.9% 2.5%
           
Continuing Operations          
PE Ratio - Basic 18.1
12.7		 n/a
18.0		 19.3
12.3		 18.0
14.9		 24.4
10.6
PE Ratio - Diluted 18.1
12.8		 n/a
18.0		 19.3
12.3		 18.0
14.9		 24.4
10.6
PE Ratio - Adjusted 12.6 18.0 15.9 19.7 10.5
PEG - Basic n/a
1.2		 n/a
n/a		 n/a
0.9		 0.7
n/a		 n/a
0.6
PEG - Diluted n/a
1.2		 n/a
n/a		 n/a
0.9		 0.7
n/a		 n/a
0.6
PEG - Adjusted 1.1 n/a 0.9 n/a 0.6
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 23.35%
31.61%		 (6.53%)
32.82%		 11.26%
13.34%		 7.73%
9.33%		 5.08%
10.73%
           
Continuing & Discontinued Operations          
PE Ratio - Basic 18.1
12.7		 n/a
18.0		 n/a
n/a		 20.9
16.4		 60.5
14.2
PE Ratio - Diluted 18.1
12.8		 n/a
18.0		 n/a
n/a		 20.9
16.4		 60.5
14.2
PE Ratio - Adjusted 12.6 18.0 1,574.3 19.7 10.5
PEG - Basic n/a
1.2		 n/a
n/a		 n/a
n/a		 0.1
n/a		 30.3
0.1
PEG - Diluted n/a
1.2		 n/a
n/a		 n/a
n/a		 0.1
n/a		 20.2
0.1
PEG - Adjusted 1.1 0.0 n/a n/a 0.0

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Gearing 0.69% (2.62%) (1.07%) 5.07% 6.54%

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Value Metrics 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Price/Book Value n/a n/a n/a n/a n/a
Price/Tangible Book Value n/a n/a n/a n/a n/a
Price/ Cash Flow n/a n/a n/a n/a n/a
Price/Revenue n/a n/a n/a n/a n/a
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 477.96p 443.13p 361.45p 31.30p 47.31p
Net Cash per Share n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Annualised Fundamentals 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 9,371.00 8,549.00 267.49 36,247.00 45,064.00
Net Interest n/a
n/a		 n/a
n/a		 n/a
n/a		 376.00
376.00		 n/a
n/a
Profit Before Tax 2,097.00
2,871.00		 (643.00)
2,721.00		 30.46
35.09		 3,179.00
3,758.00		 2,287.00
4,836.00
           
Revenue per Share 341.88p 312.46p 10.18p 1,395.73p 1,741.94p
Pre-Tax Profit per Share 76.50p
104.74p		 (23.50p)
99.45p		 1.16p
1.33p		 122.41p
144.71p		 88.40p
186.94p
Market Capitalisation £ (Millions) 24,429.24 31,002.52 35,003.03 35,149.83 37,690.81
Enterprise Value (EV) £ (Millions) 29,269.24 36,060.52 41,991.03 (81,602.17) 45,929.81
EBITDA/EV 7.48%
10.12%		 (1.55%)
7.78%		 0.07%
0.09%		 (3.53%)
(4.24%)		 4.98%
10.53%
Operating Margin 23.35%
31.61%		 (6.53%)
32.82%		 11.26%
13.34%		 7.73%
9.33%		 5.08%
10.73%
Capital Employed £ (Millions) 19,449.00 18,545.00 19,721.00 16,315.00 15,166.00
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) 17,823.00 16,731.00 20,322.00 27,303.00 25,180.00
           
Earnings per Share - Basic 62.10¢
88.14¢		 (36.80¢)
79.39¢		 83.40¢
131.01¢		 94.60¢
114.75¢		 75.10¢
173.68¢
Earnings per Share - Diluted 61.90¢
87.95¢		 (36.80¢)
79.39¢		 83.40¢
131.01¢		 94.60¢
114.75¢		 75.10¢
173.68¢
Earnings per Share - Adjusted 89.00¢ 79.40¢ 101.50¢ 86.60¢ 175.00¢
Earnings per Share Growth - Basic n/a
11%		 n/a
-39%		 -12%
14%		 26%
-34%		 -49%
17%
Earnings per Share Growth - Diluted n/a
11%		 n/a
-39%		 -12%
14%		 26%
-34%		 -49%
17%
Earnings per Share Growth - Adjusted 12% -22% 17% -50% 18%
PE Ratio - Diluted 18.1
12.8		 n/a
18.0		 19.3
12.3		 18.0
14.9		 24.4
10.6
PEG - Diluted n/a
1.2		 n/a
n/a		 n/a
0.9		 0.7
n/a		 n/a
0.6
Tax Rate 17.60% (63.44%) 26.95% 22.37% 14.60%
Dividend Cover 4.35
4.31		 4.23
4.23		 5.89
7.60		 5.38
7.13		 3.78
3.75
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 62.10¢
88.14¢		 (36.80¢)
79.39¢		 (0.78¢)
(0.57¢)		 81.60¢
103.85¢		 30.30¢
128.80¢
Earnings per Share - Diluted 61.90¢
87.95¢		 (36.80¢)
79.39¢		 (0.78¢)
(0.57¢)		 81.60¢
103.85¢		 30.30¢
128.80¢
Earnings per Share - Adjusted 89.00¢ 79.40¢ 1.02¢ 86.60¢ 175.00¢
Earnings per Share Growth - Basic n/a
11%		 n/a
n/a		 n/a
n/a		 169%
-19%		 2%
243%
Earnings per Share Growth - Diluted n/a
11%		 n/a
n/a		 n/a
n/a		 169%
-19%		 3%
244%
Earnings per Share Growth - Adjusted 12% 7,650% -99% -50% 492%
PE Ratio - Diluted 18.1
12.8		 n/a
18.0		 n/a
n/a		 20.9
16.4		 60.5
14.2
PEG - Diluted n/a
1.2		 n/a
n/a		 n/a
n/a		 0.1
n/a		 20.2
0.1
Dividend Cover 4.35
4.31		 4.23
4.23		 0.06
(0.03)		 5.38
6.45		 3.78
2.78
Return on Equity (ROE) 9.54%
13.56%		 (6.02%)
12.98%		 (0.10%)
(0.07%)		 7.76%
9.88%		 3.11%
13.23%
Operating Cash Flow per Share 30.35p 39.40p 10.58p 106.78p (8.08p)
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share (26.92p) (54.13p) 0.31p 50.91p (115.58p)
Dividend per Share 20.47¢ 18.78¢ 17.23¢ 16.10¢ 46.26¢
Dividend per Share Growth 9.00% 9.00% 7.02% (65.20%) (6.26%)
Dividend Yield 1.8% 1.3% 1.1% 0.9% 2.5%
Shareholders Funds 17,823.00 16,731.00 17,088.00 20,878.00 19,477.00
Net Borrowings £ (Millions) 123.00 (438.00) (182.00) 1,059.00 1,274.00
Net Asset Value per Share (inc. Intangibles) 472.13p 437.02p 354.76p (16.48p) 39.89p

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shareholders' Funds inc Intangibles 17,823.00 16,731.00 17,088.00 20,878.00 19,477.00
Net Borrowings £ (Millions) 123.00 (438.00) (182.00) 1,059.00 1,274.00
Net Gearing 0.69% (2.62%) (1.07%) 5.07% 6.54%
Cash & Near Cash 4,751.00 5,514.00 7,170.00 8,018.00 6,965.00
Cash 26.66% 32.96% 41.96% 38.40% 35.76%
Gross Borrowings 4,874.00 5,076.00 6,988.00 9,077.00 8,239.00
Gross Gearing 27.35% 30.34% 40.89% 43.48% 42.30%
Borrowings Under 5 years 4,874.00 5,076.00 6,988.00 9,077.00 8,239.00
Under 5 years 27.35% 30.34% 40.89% 43.48% 42.30%
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 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shareholders' Funds exc Intangibles 12,941.00 11,957.00 9,323.00 (428.00) 1,032.00
Net Borrowings £ (Millions) 123.00 (438.00) (182.00) 1,059.00 1,274.00
Net Gearing 0.95% (3.66%) (1.95%) n/a 123.45%
Cash & Near Cash 4,751.00 5,514.00 7,170.00 8,018.00 6,965.00
Cash 36.71% 46.12% 76.91% (1,873.36%) 674.90%
Gross Borrowings 4,874.00 5,076.00 6,988.00 9,077.00 8,239.00
Gross Gearing 37.66% 42.45% 74.95% 2,120.79% 798.35%
Borrowings Under 5 years 4,874.00 5,076.00 6,988.00 9,077.00 8,239.00
Under 5 years 37.66% 42.45% 74.95% (2,120.79%) 798.35%
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

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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