MPAC Group (MPAC)

Sector:

Engineering

Index:

FTSE AIM All-Share

481.67p
   
  • Change Today:
    -3.33p
  • 52 Week High: 490.00
  • 52 Week Low: 187.50
  • Currency: UK Pounds
  • Shares Issued: 20.47m
  • Volume: 76,231
  • Market Cap: £98.62m
  • RiskGrade: 248

Key Financials

  £ (Millions) £ (Millions)
Growth Metrics 31-Dec-10 31-Dec-09
Annualisation Factor 1.0 1.0
Dividend Yield 7.4% 8.7%
     
Continuing Operations    
PE Ratio - Adjusted 4.9 5.1
PE Ratio - Diluted 4.5
3.1		 9.1
8.4
PEG - Adjusted 0.2 n/a
PEG - Diluted 0.0
0.0		 n/a
n/a
Return on Capital Employed 4.94%
9.18%		 13.78%
17.33%
Operating Margin 2.43%
4.51%		 2.15%
4.65%
     
Continuing & Discontinued Operations    
PE Ratio - Adjusted 4.9 5.1
PE Ratio - Diluted 4.5
3.1		 9.9
8.4
PEG - Adjusted 0.2 n/a
PEG - Diluted 0.0
0.0		 n/a
n/a

  £ (Millions) £ (Millions)
Gearing 31-Dec-10 31-Dec-09
Net Gearing (19.11%) (15.97%)

  £ (Millions) £ (Millions)
Value Metrics 31-Dec-10 31-Dec-09
Price/Book Value 0.4 0.6
Price/Tangible Book Value 0.4 0.6
Price/ Cash Flow 1.4 1.4
Price/Revenue 0.15 0.13
Price/R&D 21.5 27.3
Net Asset Value per Share (exc. Intangibles) 175.56p 90.68p
Net Cash per Share 3.16p 2.11p

  £ (Millions) £ (Millions)
Annualised Fundamentals 31-Dec-10 31-Dec-09
Continuing Operations    
Revenue 86.40 83.80
EBITDA 5.70
7.20		 5.00
7.00
Depreciation (3.60)
(3.30)		 (3.20)
(3.10)
Net Interest 2.00
2.00		 0.30
0.30
Profit Before Tax 4.10
5.90		 2.10
4.20
     
Revenue per Share 455.50p 441.79p
Pre-Tax Profit per Share 21.61p
31.10p		 11.07p
22.14p
Market Capitalisation £ (Millions) 13.72 11.60
Enterprise Value (EV) £ (Millions) 18.52 16.70
EBITDA/EV 30.78%
38.88%		 29.94%
41.92%
Operating Margin 2.43%
4.51%		 2.15%
4.65%
Capital Employed £ (Millions) 42.50 22.50
Return on Capital Employed 4.94%
9.18%		 13.78%
17.33%
Invested Equity Capital £ (Millions) 51.50 31.40
     
Earnings per Share - Basic 15.30p
22.67p		 6.30p
6.85p
Earnings per Share - Diluted 15.00p
22.22p		 6.30p
6.85p
Earnings per Share - Adjusted 13.90p 11.30p
Earnings per Share Growth - Basic 143%
231%		 n/a
n/a
Earnings per Share Growth - Diluted 138%
224%		 n/a
n/a
Earnings per Share Growth - Adjusted 23% n/a
PE Ratio - Diluted 4.5
3.1		 9.1
8.4
PEG - Diluted 0.0
0.0		 n/a
n/a
Tax Rate 29.27% 42.86%
Dividend Cover 2.78
4.53		 2.26
1.37
Interest Cover 1.21
1.31		 0.89
0.78
     
Continuing & Discontinued Operations    
Earnings per Share - Basic 15.30p
22.67p		 5.80p
6.85p
Earnings per Share - Diluted 15.00p
22.22p		 5.80p
6.85p
Earnings per Share - Adjusted 13.90p 11.30p
Earnings per Share Growth - Basic 164%
231%		 n/a
n/a
Earnings per Share Growth - Diluted 159%
224%		 n/a
n/a
Earnings per Share Growth - Adjusted 23% n/a
PE Ratio - Diluted 4.5
3.1		 9.9
8.4
PEG - Diluted 0.0
0.0		 n/a
n/a
Dividend Cover 2.78
4.53		 2.26
1.37
Return on Equity (ROE) 5.63%
8.35%		 3.50%
4.14%
Operating Cash Flow per Share 48.50p 42.18p
Gross Cash Flow per Share cn/a cn/a
Cash Incr/Decr per Share 18.45p 16.87p
Capital Expenditure per Share n/a n/a
Dividend per Share 5.00p 5.00p
Dividend per Share Growth n/a n/a
Dividend Yield 7.4% 8.7%
Shareholders Funds 47.10 31.30
Net Borrowings £ (Millions) (9.00) (5.00)
Net Asset Value per Share (inc. Intangibles) 175.56p 90.68p

  £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-Dec-10 31-Dec-09
Shareholders' Funds inc Intangibles 47.10 31.30
Net Borrowings £ (Millions) (9.00) (5.00)
Net Gearing (19.11%) (15.97%)
Cash & Near Cash 13.80 10.20
Cash 29.30% 32.59%
Gross Borrowings 4.80 5.20
Gross Gearing 10.19% 16.61%
Borrowings Under 5 years 4.80 5.20
Under 5 years 10.19% 16.61%
Borrowings Under 1 year n/a n/a
Under 1 year n/a n/a

  £ (Millions) £ (Millions)
Gearing - exc Intangibles 31-Dec-10 31-Dec-09
Shareholders' Funds exc Intangibles 33.30 17.20
Net Borrowings £ (Millions) (9.00) (5.00)
Net Gearing (27.03%) (29.07%)
Cash & Near Cash 13.80 10.20
Cash 41.44% 59.30%
Gross Borrowings 4.80 5.20
Gross Gearing 14.41% 30.23%
Borrowings Under 5 years 4.80 5.20
Under 5 years 14.41% 30.23%
Borrowings Under 1 year n/a n/a
Under 1 year n/a n/a

  £ (Millions) £ (Millions)
Cover 31-Dec-10 31-Dec-09
Quick Ratio 1.39 1.20
Current Ratio 2.13 1.98

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.

 

Top of Page