Blackrock Throgmorton Trust (THRG)

Sector:

Investment Firms

Index:

FTSE 250

619.00p
   
  • Change Today:
      11.00p
  • 52 Week High: 620.00
  • 52 Week Low: 507.00
  • Currency: UK Pounds
  • Shares Issued: 92.02m
  • Volume: 312,918
  • Market Cap: £569.58m
  • RiskGrade: 103

Key Financials

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Growth Metrics 30-Nov-23 30-Nov-22 30-Nov-21 30-Nov-20 30-Nov-19
Annualisation Factor 1.0 1.0 n/a 1.0 1.0
Dividend Yield 2.5% 1.9% 1.1% 1.5% 1.6%
           
Continuing Operations          
PE Ratio - Adjusted 35.0 45.9 77.0 103.8 74.8
PE Ratio - Diluted 35.0
35.0		 45.9
45.9		 77.0
76.9		 103.8
103.8		 74.8
74.8
PEG - Adjusted 1.2 6.6 0.9 n/a n/a
PEG - Diluted 1.2
1.2		 6.6
6.6		 0.9
0.9		 n/a
n/a		 n/a
n/a
Return on Capital Employed n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Operating Margin 92.08%
92.08%		 89.24%
89.24%		 85.22%
85.22%		 80.12%
80.12%		 72.12%
72.12%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 35.0 45.9 7,623.8 103.8 74.8
PE Ratio - Diluted 35.0
35.0		 45.9
45.9		 7,623.8
7,622.5		 103.8
103.8		 74.8
74.7
PEG - Adjusted 1.2 0.0 n/a n/a n/a
PEG - Diluted 1.2
1.2		 0.0
0.0		 n/a
n/a		 n/a
n/a		 n/a
n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing 30-Nov-23 30-Nov-22 30-Nov-21 30-Nov-20 30-Nov-19
Net Gearing (4.17%) n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Value Metrics 30-Nov-23 30-Nov-22 30-Nov-21 30-Nov-20 30-Nov-19
Price/Book Value 1.0 1.0 0.9 0.9 1.0
Price/Tangible Book Value 1.0 1.0 0.9 0.9 1.0
Price/ Cash Flow 83.9 15.6 (8.7) (5.9) (311.1)
Price/Revenue 32.16 40.98 6,478.61 82.51 53.69
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 577.63p 618.83p 992.83p 727.96p 642.62p
Net Cash per Share n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Annualised Fundamentals 30-Nov-23 30-Nov-22 30-Nov-21 30-Nov-20 30-Nov-19
Continuing Operations          
Revenue 17.95 14.86 0.14 6.77 8.72
EBITDA 16.53
16.53		 13.26
13.26		 0.12
0.12		 5.42
5.42		 6.29
6.29
Depreciation n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Net Interest (0.03)
(0.03)		 (0.01)
(0.01)		 n/a
n/a		 n/a
n/a		 n/a
n/a
Profit Before Tax 16.50
16.50		 13.26
13.26		 0.12
0.12		 5.42
5.42		 6.29
6.29
           
Revenue per Share 18.00p 14.52p 0.14p 8.27p 11.92p
Pre-Tax Profit per Share 16.55p
16.55p		 12.95p
12.95p		 0.12p
0.12p		 6.62p
6.62p		 8.60p
8.60p
Market Capitalisation £ (Millions) 555.10 601.90 948.43 596.88 560.12
Enterprise Value (EV) £ (Millions) 553.56 596.92 940.97 591.69 556.89
EBITDA/EV 2.99%
2.99%		 2.22%
2.22%		 0.01%
0.01%		 0.92%
0.92%		 1.13%
1.13%
Operating Margin 92.08%
92.08%		 89.24%
89.24%		 85.22%
85.22%		 80.12%
80.12%		 72.12%
72.12%
Capital Employed £ (Millions) 576.23 633.36 935.15 596.22 470.06
Return on Capital Employed n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Invested Equity Capital £ (Millions) 575.92 633.36 935.15 596.22 470.06
           
Earnings per Share - Basic 16.56p
16.56p		 12.95p
12.95p		 12.15p
12.15p		 6.57p
6.57p		 8.56p
8.56p
Earnings per Share - Diluted 16.56p
16.56p		 12.95p
12.95p		 12.15p
12.15p		 6.57p
6.57p		 8.56p
8.56p
Earnings per Share - Adjusted 16.56p 12.95p 12.15p 6.57p 8.56p
Earnings per Share Growth - Basic 28%
28%		 7%
7%		 85%
85%		 -23%
-23%		 n/a
n/a
Earnings per Share Growth - Diluted 28%
28%		 7%
7%		 85%
85%		 -23%
-23%		 n/a
n/a
Earnings per Share Growth - Adjusted 28% 7% 85% -23% n/a
PE Ratio - Diluted 35.0
35.0		 45.9
45.9		 77.0
76.9		 103.8
103.8		 74.8
74.8
PEG - Diluted 1.2
1.2		 6.6
6.6		 0.9
0.9		 n/a
n/a		 n/a
n/a
Tax Rate (0.04%) (0.01%) 0.25% 0.79% 0.35%
Dividend Cover 1.12
1.12		 1.17
1.17		 1.16
1.16		 0.64
0.64		 0.84
0.84
Interest Cover 661.16
661.16		 2,652.20
2,652.20		 11,476.00
11,476.00		 2,711.00
2,711.00		 3,146.00
3,146.00
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 16.56p
16.56p		 12.95p
12.95p		 0.12p
0.12p		 6.57p
6.57p		 8.56p
8.56p
Earnings per Share - Diluted 16.56p
16.56p		 12.95p
12.95p		 0.12p
0.12p		 6.57p
6.57p		 8.56p
8.56p
Earnings per Share - Adjusted 16.56p 12.95p 0.12p 6.57p 8.56p
Earnings per Share Growth - Basic 28%
28%		 10,459%
10,460%		 -98%
-98%		 -23%
-23%		 n/a
n/a
Earnings per Share Growth - Diluted 28%
28%		 10,459%
10,460%		 -98%
-98%		 -23%
-23%		 n/a
n/a
Earnings per Share Growth - Adjusted 28% 10,459% -98% -23% n/a
PE Ratio - Diluted 35.0
35.0		 45.9
45.9		 7,623.8
7,622.5		 103.8
103.8		 74.8
74.7
PEG - Diluted 1.2
1.2		 0.0
0.0		 n/a
n/a		 n/a
n/a		 n/a
n/a
Dividend Cover 1.12
1.12		 1.17
1.17		 0.01
0.01		 0.64
0.64		 0.84
0.84
Return on Equity (ROE) 2.87%
2.87%		 2.09%
2.09%		 0.01%
0.01%		 0.90%
0.90%		 1.33%
1.33%
Operating Cash Flow per Share 6.90p 38.14p (107.25p) (116.12p) (2.06p)
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share (34.76p) 33.46p 0.14p (22.61p) (5.03p)
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 14.75p 11.10p 10.50p 10.20p 10.20p
Dividend per Share Growth 32.88% 5.71% 2.94% n/a n/a
Dividend Yield 2.5% 1.9% 1.1% 1.5% 1.6%
Shareholders Funds 575.92 633.36 935.15 596.22 470.06
Net Borrowings £ (Millions) (24.02) (58.79) (25.22) (11.64) (30.40)
Net Asset Value per Share (inc. Intangibles) 577.63p 618.83p 992.83p 727.96p 642.62p

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - inc Intangibles 30-Nov-23 30-Nov-22 30-Nov-21 30-Nov-20 30-Nov-19
Shareholders' Funds inc Intangibles 575.92 633.36 935.15 596.22 470.06
Net Borrowings £ (Millions) (24.02) (58.79) (25.22) (11.64) (30.40)
Net Gearing (4.17%) n/a n/a n/a n/a
Cash & Near Cash 24.33 58.79 25.22 11.64 30.40
Cash 4.22% 9.28% 2.70% 1.95% 6.47%
Gross Borrowings 0.31 n/a n/a n/a n/a
Gross Gearing 0.05% n/a n/a n/a n/a
Borrowings Under 5 years 0.31 n/a n/a n/a n/a
Under 5 years 0.05% 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 30-Nov-23 30-Nov-22 30-Nov-21 30-Nov-20 30-Nov-19
Shareholders' Funds exc Intangibles 575.92 633.36 935.15 596.22 470.06
Net Borrowings £ (Millions) (24.02) (58.79) (25.22) (11.64) (30.40)
Net Gearing (4.17%) n/a n/a n/a n/a
Cash & Near Cash 24.33 58.79 25.22 11.64 30.40
Cash 4.22% 9.28% 2.70% 1.95% 6.47%
Gross Borrowings 0.31 n/a n/a n/a n/a
Gross Gearing 0.05% n/a n/a n/a n/a
Borrowings Under 5 years 0.31 n/a n/a n/a n/a
Under 5 years 0.05% 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 30-Nov-23 30-Nov-22 30-Nov-21 30-Nov-20 30-Nov-19
Quick Ratio n/a n/a n/a n/a n/a
Current Ratio 2.81 6.49 1.64 1.36 3.15

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.

 

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