£ (Millions) | £ (Millions) | |
Growth Metrics | 31-Dec-10 | 31-Dec-09 |
Annualisation Factor | 1.0 | 1.0 |
Dividend Yield | 8.5% | 10.2% |
Continuing Operations | ||
PE Ratio - Adjusted | 7.3 | 6.5 |
PE Ratio - Diluted | 7.5 6.6 |
7.1 5.2 |
PEG - Adjusted | 0.1 | n/a |
PEG - Diluted | 0.1 0.1 |
n/a n/a |
Return on Capital Employed | 12.20% 13.98% |
7.93% 10.67% |
Operating Margin | 5.66% 6.49% |
3.44% 4.62% |
Continuing & Discontinued Operations | ||
PE Ratio - Adjusted | 7.3 | 6.5 |
PE Ratio - Diluted | 7.5 6.6 |
7.1 5.2 |
PEG - Adjusted | 0.1 | n/a |
PEG - Diluted | 0.1 0.1 |
n/a n/a |
£ (Millions) | £ (Millions) | |
Gearing | 31-Dec-10 | 31-Dec-09 |
Net Gearing | (22.67%) | (18.08%) |
£ (Millions) | £ (Millions) | |
Value Metrics | 31-Dec-10 | 31-Dec-09 |
Price/Book Value | 1.0 | 0.5 |
Price/Tangible Book Value | 1.0 | 0.5 |
Price/ Cash Flow | 4.3 | 2.0 |
Price/Revenue | 0.43 | 0.20 |
Price/R&D | n/a | n/a |
Net Asset Value per Share (exc. Intangibles) | 14.53p | 12.50p |
Net Cash per Share | n/a | n/a |
£ (Millions) | £ (Millions) | |
Annualised Fundamentals | 31-Dec-10 | 31-Dec-09 |
Continuing Operations | ||
Revenue | 9.57 | 9.49 |
EBITDA | 0.72 0.80 |
0.55 0.66 |
Depreciation | (0.18) (0.18) |
(0.22) (0.22) |
Net Interest | (0.02) (0.02) |
(0.03) (0.03) |
Profit Before Tax | 0.53 0.60 |
0.30 0.41 |
Revenue per Share | 34.30p | 32.35p |
Pre-Tax Profit per Share | 1.88p 2.17p |
1.03p 1.41p |
Market Capitalisation £ (Millions) | 4.35 | 1.92 |
Enterprise Value (EV) £ (Millions) | 4.61 | 2.36 |
EBITDA/EV | 15.66% 17.37% |
23.18% 27.93% |
Operating Margin | 5.66% 6.49% |
3.44% 4.62% |
Capital Employed £ (Millions) | 4.44 | 4.10 |
Return on Capital Employed | 12.20% 13.98% |
7.93% 10.67% |
Invested Equity Capital £ (Millions) | 5.26 | 4.68 |
Earnings per Share - Basic | 2.01p 2.29p |
1.00p 1.38p |
Earnings per Share - Diluted | 1.96p 2.23p |
0.91p 1.26p |
Earnings per Share - Adjusted | 2.01p | 1.00p |
Earnings per Share Growth - Basic | 101% 66% |
n/a n/a |
Earnings per Share Growth - Diluted | 115% 77% |
n/a n/a |
Earnings per Share Growth - Adjusted | 101% | n/a |
PE Ratio - Diluted | 7.5 6.6 |
7.1 5.2 |
PEG - Diluted | 0.1 0.1 |
n/a n/a |
Tax Rate | (6.66%) | 2.66% |
Dividend Cover | 1.61 1.83 |
1.52 2.09 |
Interest Cover | 31.91 36.56 |
13.04 17.52 |
Continuing & Discontinued Operations | ||
Earnings per Share - Basic | 2.01p 2.29p |
1.00p 1.38p |
Earnings per Share - Diluted | 1.96p 2.23p |
0.91p 1.26p |
Earnings per Share - Adjusted | 2.01p | 1.00p |
Earnings per Share Growth - Basic | 101% 66% |
n/a n/a |
Earnings per Share Growth - Diluted | 115% 77% |
n/a n/a |
Earnings per Share Growth - Adjusted | 101% | n/a |
PE Ratio - Diluted | 7.5 6.6 |
7.1 5.2 |
PEG - Diluted | 0.1 0.1 |
n/a n/a |
Dividend Cover | 1.61 1.83 |
1.52 2.09 |
Return on Equity (ROE) | 10.65% 12.15% |
6.26% 8.65% |
Operating Cash Flow per Share | 3.45p | 3.28p |
Gross Cash Flow per Share | cn/a | cn/a |
Cash Incr/Decr per Share | 0.078p | 2.22p |
Capital Expenditure per Share | n/a | n/a |
Dividend per Share | 1.25p | 0.66p |
Dividend per Share Growth | 89.39% | n/a |
Dividend Yield | 8.5% | 10.2% |
Shareholders Funds | 5.12 | 4.68 |
Net Borrowings £ (Millions) | (1.16) | (0.85) |
Net Asset Value per Share (inc. Intangibles) | 14.53p | 12.50p |
£ (Millions) | £ (Millions) | |
Gearing - inc Intangibles | 31-Dec-10 | 31-Dec-09 |
Shareholders' Funds inc Intangibles | 5.12 | 4.68 |
Net Borrowings £ (Millions) | (1.16) | (0.85) |
Net Gearing | (22.67%) | (18.08%) |
Cash & Near Cash | 1.41 | 1.28 |
Cash | 27.62% | 27.42% |
Gross Borrowings | 0.25 | 0.44 |
Gross Gearing | 4.95% | 9.35% |
Borrowings Under 5 years | 0.25 | 0.44 |
Under 5 years | 4.96% | 9.35% |
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 | 4.06 | 3.67 |
Net Borrowings £ (Millions) | (1.16) | (0.85) |
Net Gearing | (28.63%) | (23.09%) |
Cash & Near Cash | 1.41 | 1.28 |
Cash | 34.88% | 35.04% |
Gross Borrowings | 0.25 | 0.44 |
Gross Gearing | 6.25% | 11.94% |
Borrowings Under 5 years | 0.25 | 0.44 |
Under 5 years | 6.26% | 11.95% |
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 | 2.36 | 2.33 |
Current Ratio | 2.38 | 2.34 |
* GAAP
a. Includes discontinued activities
b. Based on operating cash flow before tax
c. Not disclosed under IFRS
d. Includes non-current assets
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