Ecora Resources (ECOR)

Sector:

Mining

82.80p
   
  • Change Today:
    -1.00p
  • 52 Week High: 123.40
  • 52 Week Low: 70.70
  • Currency: UK Pounds
  • Shares Issued: 252.66m
  • Volume: 195,946
  • Market Cap: £209.20m

Key Financials

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Growth Metrics 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08 31-Dec-07
Annualisation Factor 1.0 1.0 1.0 1.0 1.0
Dividend Yield 3.5% 2.5% 3.7% 7.8% 4.1%
           
Continuing Operations          
PE Ratio - Adjusted 8.3 6.9 11.9 3.6 6.3
PE Ratio - Diluted 8.3
16.8		 6.9
19.8		 11.9
11.5		 3.6
7.0		 6.3
6.2
PEG - Adjusted n/a 0.0 n/a n/a n/a
PEG - Diluted n/a
n/a		 0.0
n/a		 n/a
0.3		 n/a
n/a		 n/a
n/a
Return on Capital Employed 130.33%
76.59%		 194.14%
83.59%		 123.86%
125.88%		 123.31%
72.92%		 176.21%
176.21%
Operating Margin 135.19%
81.16%		 213.77%
91.54%		 120.84%
122.85%		 155.04%
91.68%		 384.07%
384.07%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 8.3 6.9 11.9 3.6 6.3
PE Ratio - Diluted 8.3
16.5		 6.9
19.8		 11.9
11.5		 3.6
7.0		 6.3
6.2
PEG - Adjusted n/a 0.0 n/a n/a n/a
PEG - Diluted n/a
n/a		 0.0
n/a		 n/a
0.3		 n/a
n/a		 n/a
n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08 31-Dec-07
Net Gearing n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Value Metrics 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08 31-Dec-07
Price/Book Value (16.2) (12.6) (8.7) (101.8) (416.0)
Price/Tangible Book Value (16.2) (12.6) (8.7) (101.8) (416.0)
Price/ Cash Flow 16.9 19.8 11.2 14.2 38.8
Price/Revenue 8.52 12.76 11.88 4.80 21.31
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) (16.83p) (28.19p) (25.54p) (0.97p) (0.43p)
Net Cash per Share n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Annualised Fundamentals 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08 31-Dec-07
Continuing Operations          
Revenue 34.68 30.13 20.33 22.12 8.63
EBITDA 49.05
30.31		 64.52
27.69		 36.57
36.98		 34.31
20.29		 33.15
33.15
Depreciation (2.17)
(2.17)		 (0.10)
(0.10)		 (12.00)
(12.00)		 (0.01)
(0.01)		 (0.01)
(0.01)
Net Interest 2.12
2.12		 1.17
1.17		 0.80
0.80		 0.96
0.96		 0.62
0.62
Profit Before Tax 48.45
29.71		 65.85
29.02		 25.88
26.29		 35.26
21.24		 33.77
33.77
           
Revenue per Share 32.03p 27.83p 18.80p 20.60p 8.33p
Pre-Tax Profit per Share 44.75p
27.44p		 60.82p
26.80p		 23.92p
24.30p		 32.83p
19.78p		 32.61p
32.61p
Market Capitalisation £ (Millions) 297.83 386.28 239.79 105.00 187.56
Enterprise Value (EV) £ (Millions) 297.83 386.28 239.79 105.00 187.56
EBITDA/EV 16.47%
10.18%		 16.70%
7.17%		 15.25%
15.42%		 32.67%
19.33%		 17.68%
17.68%
Operating Margin 135.19%
81.16%		 213.77%
91.54%		 120.84%
122.85%		 155.04%
91.68%		 384.07%
384.07%
Capital Employed £ (Millions) 36.02 33.31 20.25 27.81 18.81
Return on Capital Employed 130.33%
76.59%		 194.14%
83.59%		 123.86%
125.88%		 123.31%
72.92%		 176.21%
176.21%
Invested Equity Capital £ (Millions) 364.99 409.73 307.92 174.70 175.43
           
Earnings per Share - Basic 33.06p
16.20p		 51.29p
17.97p		 18.81p
19.45p		 27.19p
14.20p		 28.33p
28.72p
Earnings per Share - Diluted 33.06p
16.20p		 51.29p
17.97p		 18.81p
19.44p		 27.19p
14.20p		 28.33p
28.72p
Earnings per Share - Adjusted 33.06p 51.29p 18.81p 27.19p 28.33p
Earnings per Share Growth - Basic -36%
-10%		 173%
-8%		 -31%
37%		 -4%
-51%		 n/a
n/a
Earnings per Share Growth - Diluted -36%
-10%		 173%
-8%		 -31%
37%		 -4%
-51%		 n/a
n/a
Earnings per Share Growth - Adjusted -36% 173% -31% -4% n/a
PE Ratio - Diluted 8.3
16.8		 6.9
19.8		 11.9
11.5		 3.6
7.0		 6.3
6.2
PEG - Diluted n/a
n/a		 0.0
n/a		 n/a
0.3		 n/a
n/a		 n/a
n/a
Tax Rate 25.46% 14.59% 20.70% 17.00% 11.93%
Dividend Cover 3.44
1.68		 5.74
2.01		 2.28
2.36		 3.53
1.85		 3.91
3.96
Interest Cover n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 33.06p
16.56p		 51.29p
17.97p		 18.81p
19.45p		 27.19p
14.20p		 28.33p
28.72p
Earnings per Share - Diluted 33.06p
16.56p		 51.29p
17.97p		 18.81p
19.44p		 27.19p
14.20p		 28.33p
28.72p
Earnings per Share - Adjusted 33.06p 51.29p 18.81p 27.19p 28.33p
Earnings per Share Growth - Basic -36%
-8%		 173%
-8%		 -31%
37%		 -4%
-51%		 n/a
n/a
Earnings per Share Growth - Diluted -36%
-8%		 173%
-8%		 -31%
37%		 -4%
-51%		 n/a
n/a
Earnings per Share Growth - Adjusted -36% 173% -31% -4% n/a
PE Ratio - Diluted 8.3
16.5		 6.9
19.8		 11.9
11.5		 3.6
7.0		 6.3
6.2
PEG - Diluted n/a
n/a		 0.0
n/a		 n/a
0.3		 n/a
n/a		 n/a
n/a
Dividend Cover 3.44
1.72		 5.74
2.01		 2.28
2.36		 3.53
1.85		 3.91
3.96
Return on Equity (ROE) 10.05%
4.91%		 13.74%
4.75%		 6.70%
6.83%		 16.75%
8.73%		 16.95%
16.95%
Operating Cash Flow per Share 16.18p 17.89p 19.93p 6.98p 4.58p
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share 3.64p 12.99p (2.72p) (1.65p) 8.76p
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 9.62p 8.93p 8.24p 7.70p 7.25p
Dividend per Share Growth 7.73% 8.38% 7.05% 6.12% n/a
Dividend Yield 3.5% 2.5% 3.7% 7.8% 4.1%
Shareholders Funds 306.17 345.89 260.04 145.84 156.18
Net Borrowings £ (Millions) (32.20) (28.26) (14.19) (17.14) (18.90)
Net Asset Value per Share (inc. Intangibles) (16.83p) (28.19p) (25.54p) (0.97p) (0.43p)

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08 31-Dec-07
Shareholders' Funds inc Intangibles 306.17 345.89 260.04 145.84 156.18
Net Borrowings £ (Millions) (32.20) (28.26) (14.19) (17.14) (18.90)
Net Gearing n/a n/a n/a n/a n/a
Cash & Near Cash 32.20 28.26 14.19 17.14 18.90
Cash 10.52% 8.17% 5.46% 11.75% 12.10%
Gross Borrowings n/a n/a n/a n/a n/a
Gross Gearing n/a n/a n/a n/a n/a
Borrowings Under 5 years n/a n/a n/a n/a n/a
Under 5 years n/a n/a n/a n/a n/a
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-11 31-Dec-10 31-Dec-09 31-Dec-08 31-Dec-07
Shareholders' Funds exc Intangibles (18.22) (30.52) (27.63) (1.04) (0.44)
Net Borrowings £ (Millions) (32.20) (28.26) (14.19) (17.14) (18.90)
Net Gearing n/a n/a n/a n/a n/a
Cash & Near Cash 32.20 28.26 14.19 17.14 18.90
Cash (176.71%) (92.58%) (51.38%) (1,642.95%) (4,277.06%)
Gross Borrowings n/a n/a n/a n/a n/a
Gross Gearing n/a n/a n/a n/a n/a
Borrowings Under 5 years n/a n/a n/a n/a n/a
Under 5 years n/a n/a n/a n/a n/a
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 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08 31-Dec-07
Quick Ratio n/a n/a n/a n/a n/a
Current Ratio 9.86 6.28 4.25 16.63 7.42

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

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Normalised ratios are shown in blue text

Note 5: Forecast figures based on normalised accounts.

 

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