Spirax-Sarco Engineering (SPX)

Sector:

Engineering

Index:

FTSE 100

10,475.00p
   
  • Change Today:
      20.00p
  • 52 Week High: 11,955.00
  • 52 Week Low: 8,058.00
  • Currency: UK Pounds
  • Shares Issued: 73.77m
  • Volume: 101,636
  • Market Cap: £7,727m
  • RiskGrade: 124

Dividend Data

  31-Dec-2231-Dec-2131-Dec-2031-Dec-1931-Dec-18
Interim Dividend42.50p38.50p33.50p32.00p29.00p
Final Dividend109.50p97.50p84.50p78.00p71.00p
Total Dividend152.00p136.00p118.00p110.00p100.00p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Continuing Operations          
Revenue 1,610.60 1,344.50 1,193.40 1,242.40 1,153.30
Operating Profit/(Loss) 318.80 320.90 249.00 245.00 299.10
Net Interest (10.70) (6.40) (8.70) (8.40) (10.30)
Profit Before Tax 308.10 314.50 240.10 236.80 288.80
Profit After Tax 225.00 234.90 173.90 167.00 223.40
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 225.00 234.90 173.90 167.00 223.40
Attributable to:          
Equity Holders of Parent Company 224.70 234.60 173.60 166.60 223.10
Minority Interests 0.30 0.30 0.30 0.40 0.30
           
Continuing EPS          
Earnings per Share - Basic 305.10p 3.21p 235.50p 226.20p 303.10p
Earnings per Share - Diluted 304.40p 3.21p 234.80p 225.50p 302.00p
Earnings per Share - Adjusted 377.20p 3.42p 256.60p 265.70p 250.00p
Continuing and Discontinued EPS          
Earnings per Share - Basic 305.10p 3.21p 235.50p 226.20p 303.10p
Earnings per Share - Diluted 304.40p 3.21p 234.80p 225.50p 302.00p
Earnings per Share - Adjusted 377.20p 3.42p 256.60p 265.70p 250.00p
           
Dividend per Share 152.00p 1.37p 118.00p 110.00p 100.00p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Assets          
Non-Current Assets          
Property, Plant & Equipment 451.70 340.30 297.60 292.00 230.80
Intangible Assets 1,203.60 666.90 699.00 721.60 645.20
Investment Properties n/a n/a n/a n/a n/a
Investments n/a n/a n/a 0.20 n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 76.10 52.30 52.30 41.70 47.50
  1,731.40 1,059.50 1,048.90 1,055.50 923.50
Current Assets          
Inventories 290.00 201.30 180.10 185.90 160.60
Trade & Other Receivables 341.10 272.30 226.30 240.70 245.10
Cash at Bank & in Hand 328.90 274.60 246.20 330.60 187.10
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 93.50 55.50 39.90 43.70 37.50
  1,053.50 803.70 692.50 800.90 630.30
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 2,784.90 1,863.20 1,741.40 1,856.40 1,553.80
           
Liabilities          
Current Liabilities          
Borrowings 302.10 126.40 33.10 207.70 57.60
Other Current Liabilities 335.40 255.30 194.90 205.00 195.70
  637.50 381.70 228.00 412.70 253.30
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 782.40 338.80 476.00 457.00 365.30
Provisions 134.30 83.30 81.40 85.20 80.50
Other Non-Current Liabilities 60.90 49.40 103.70 75.20 87.80
  977.60 471.50 661.10 617.40 533.60
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,615.10 853.20 889.10 1,030.10 786.90
           
Net Assets 1,169.80 1,010.00 852.30 826.30 766.90
           
Capital & Reserves          
Share Capital 19.80 19.80 19.80 19.80 19.80
Share Premium Account 88.10 86.30 84.80 81.00 77.80
Other Reserves (5.90) (58.20) (36.10) (10.60) 22.20
Retained Earnings 1,067.00 961.10 782.80 735.10 646.00
Shareholders Funds 1,169.00 1,009.00 851.30 825.30 765.80
           
Minority Interests/Other Equity 0.80 1.00 1.00 1.00 1.10
Total Equity 1,169.80 1,010.00 852.30 826.30 766.90
Cash Flow 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Net Cash Flow From Operating Activities 241.10 273.40 259.20 227.40 212.60
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (571.00) (58.70) (51.10) (175.40) 18.40
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities 346.70 (213.30) (152.50) (57.50) (191.40)
Net Increase/Decrease In Cash 16.80 1.40 55.60 (5.50) 39.60
Ratios - based on IFRS 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Continuing Operations          
PE Ratio - Adjusted 28.1 4,691.8 44.0 33.5 25.0
PEG - Adjusted 0.0 n/a n/a 5.6 1.9
Earnings per Share Growth - Adjusted 10,926% -99% -3% 6% 13%
Dividend Cover 2.48 2.49 2.17 2.42 2.50
Revenue per Share 2,188.32p 18.41p 1,619.27p 1,685.75p 1,566.98p
Pre-Tax Profit per Share 418.61p 4.31p 325.78p 321.30p 392.39p
Operating Margin 19.79% 23.87% 20.86% 19.72% 25.93%
Return on Capital Employed 26.90% 0.36% 33.45% 28.69% 47.85%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 28.1 464,809.1 44.0 33.5 25.0
PEG - Adjusted 0.0 n/a n/a 5.6 1.9
Earnings per Share Growth - Adjusted 1,092,274% -100% -3% 6% 13%
Dividend Cover 2.48 0.03 2.17 2.42 2.50
           
Dividend Yield 1.4% 0.0% 1.0% 1.2% 1.6%
Dividend per Share Growth 10,972.36% (98.84%) 7.27% 10.00% 14.29%
Operating Cash Flow per Share 327.58p 3.75p 351.70p 308.55p 288.86p
Cash Incr/Decr per Share 22.83p 0.019p 75.44p (7.46p) 53.80p
Net Asset Value per Share (exc. Intangibles) (45.92p) 465.54p 208.00p 142.06p 165.35p
Net Gearing 64.64% 18.89% 30.88% 40.48% 30.79%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

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: Forecast figures based on normalised accounts.

 

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