Jet2 (JET2)

Sector:

Commercial Transport

Index:

FTSE AIM 50

1,365.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 1,519.00
  • 52 Week Low: 991.50
  • Currency: UK Pounds
  • Shares Issued: 214.68m
  • Volume: 21,127
  • Market Cap: £2,930.40m

Key Financials

  £ (Millions) £ (Millions)
Growth Metrics 31-Mar-11 31-Mar-10
Annualisation Factor 1.0 1.0
Dividend Yield 1.5% 2.2%
     
Continuing Operations    
PE Ratio - Adjusted 6.9 5.3
PE Ratio - Diluted 7.2
7.1		 4.8
5.5
PEG - Adjusted 0.2 n/a
PEG - Diluted 0.7
0.2		 n/a
n/a
Return on Capital Employed 14.55%
13.95%		 16.92%
13.93%
Operating Margin 4.72%
4.75%		 4.79%
4.30%
     
Continuing & Discontinued Operations    
PE Ratio - Adjusted 6.9 5.3
PE Ratio - Diluted 7.2
7.1		 4.8
5.5
PEG - Adjusted 0.2 n/a
PEG - Diluted 0.7
0.2		 n/a
n/a

  £ (Millions) £ (Millions)
Gearing 31-Mar-11 31-Mar-10
Net Gearing (60.11%) (44.68%)

  £ (Millions) £ (Millions)
Value Metrics 31-Mar-11 31-Mar-10
Price/Book Value 0.8 0.7
Price/Tangible Book Value 0.8 0.7
Price/ Cash Flow 1.0 1.0
Price/Revenue 0.22 0.17
Price/R&D n/a n/a
Net Asset Value per Share (exc. Intangibles) 99.68p 76.89p
Net Cash per Share n/a n/a

  £ (Millions) £ (Millions)
Annualised Fundamentals 31-Mar-11 31-Mar-10
Continuing Operations    
Revenue 542.90 434.50
EBITDA 62.90
62.90		 53.80
51.70
Depreciation (37.30)
(37.10)		 (33.00)
(33.00)
Net Interest 0.60
0.60		 1.40
1.40
Profit Before Tax 26.20
26.40		 22.20
20.10
     
Revenue per Share 383.52p 307.90p
Pre-Tax Profit per Share 18.51p
18.65p		 15.73p
14.24p
Market Capitalisation £ (Millions) 119.53 72.01
Enterprise Value (EV) £ (Millions) 80.73 53.81
EBITDA/EV 77.91%
77.91%		 99.97%
96.07%
Operating Margin 4.72%
4.75%		 4.79%
4.30%
Capital Employed £ (Millions) 184.90 134.20
Return on Capital Employed 14.55%
13.95%		 16.92%
13.93%
Invested Equity Capital £ (Millions) 182.30 140.60
     
Earnings per Share - Basic 12.20p
12.36p		 11.06p
9.57p
Earnings per Share - Diluted 11.68p
11.84p		 10.62p
9.19p
Earnings per Share - Adjusted 12.20p 9.54p
Earnings per Share Growth - Basic 10%
29%		 n/a
n/a
Earnings per Share Growth - Diluted 10%
29%		 n/a
n/a
Earnings per Share Growth - Adjusted 28% n/a
PE Ratio - Diluted 7.2
7.1		 4.8
5.5
PEG - Diluted 0.7
0.2		 n/a
n/a
Tax Rate 33.97% 29.73%
Dividend Cover 9.92
10.05		 8.59
8.62
Interest Cover 38.43
38.71		 45.40
41.20
     
Continuing & Discontinued Operations    
Earnings per Share - Basic 12.20p
12.36p		 11.06p
9.57p
Earnings per Share - Diluted 11.68p
11.84p		 10.62p
9.19p
Earnings per Share - Adjusted 12.20p 9.54p
Earnings per Share Growth - Basic 10%
29%		 n/a
n/a
Earnings per Share Growth - Diluted 10%
29%		 n/a
n/a
Earnings per Share Growth - Adjusted 28% n/a
PE Ratio - Diluted 7.2
7.1		 4.8
5.5
PEG - Diluted 0.7
0.2		 n/a
n/a
Dividend Cover 9.92
10.05		 8.59
8.62
Return on Equity (ROE) 9.49%
9.60%		 11.10%
9.60%
Operating Cash Flow per Share 80.39p 51.87p
Gross Cash Flow per Share cn/a cn/a
Cash Incr/Decr per Share 32.57p 28.63p
Capital Expenditure per Share n/a n/a
Dividend per Share 1.23p 1.11p
Dividend per Share Growth 10.81% n/a
Dividend Yield 1.5% 2.2%
Shareholders Funds 147.90 115.50
Net Borrowings £ (Millions) (88.90) (51.60)
Net Asset Value per Share (inc. Intangibles) 99.68p 76.89p

  £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-Mar-11 31-Mar-10
Shareholders' Funds inc Intangibles 147.90 115.50
Net Borrowings £ (Millions) (88.90) (51.60)
Net Gearing (60.11%) (44.68%)
Cash & Near Cash 98.30 52.20
Cash 66.46% 45.19%
Gross Borrowings 9.40 0.60
Gross Gearing 6.36% 0.52%
Borrowings Under 5 years 9.40 0.60
Under 5 years 6.36% 0.52%
Borrowings Under 1 year n/a n/a
Under 1 year n/a n/a

  £ (Millions) £ (Millions)
Gearing - exc Intangibles 31-Mar-11 31-Mar-10
Shareholders' Funds exc Intangibles 141.10 108.50
Net Borrowings £ (Millions) (88.90) (51.60)
Net Gearing (63.00%) (47.56%)
Cash & Near Cash 98.30 52.20
Cash 69.67% 48.11%
Gross Borrowings 9.40 0.60
Gross Gearing 6.66% 0.55%
Borrowings Under 5 years 9.40 0.60
Under 5 years 6.66% 0.55%
Borrowings Under 1 year n/a n/a
Under 1 year n/a n/a

  £ (Millions) £ (Millions)
Cover 31-Mar-11 31-Mar-10
Quick Ratio 0.82 0.72
Current Ratio 0.82 0.72

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.

 

Top of Page