Mattioli Woods (MTW)

Sector:

Financials

Index:

FTSE AIM All-Share

790.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 798.00
  • 52 Week Low: 490.00
  • Currency: UK Pounds
  • Shares Issued: 52.01m
  • Volume: 1,841,927
  • Market Cap: £410.88m
  • RiskGrade: 64

Key Financials

  £ (Millions) £ (Millions) £ (Millions)
Growth Metrics 31-May-11 31-May-10 31-May-09
Annualisation Factor 1.0 1.0 1.0
Dividend Yield 1.8% 2.0% 1.7%
       
Continuing Operations      
PE Ratio - Adjusted 13.3 11.6 13.5
PE Ratio - Diluted 15.2
15.4		 13.2
13.1		 15.4
14.8
PEG - Adjusted 0.9 1.3 n/a
PEG - Diluted 1.2
1.4		 1.5
2.2		 n/a
n/a
Return on Capital Employed 44.84%
45.67%		 49.65%
49.92%		 55.17%
54.66%
Operating Margin 29.22%
29.76%		 30.90%
31.07%		 28.69%
28.43%
       
Continuing & Discontinued Operations      
PE Ratio - Adjusted 13.3 11.6 13.5
PE Ratio - Diluted 15.2
15.4		 13.2
13.1		 15.4
14.8
PEG - Adjusted 0.9 1.3 n/a
PEG - Diluted 1.2
1.4		 1.5
2.2		 n/a
n/a

  £ (Millions) £ (Millions) £ (Millions)
Gearing 31-May-11 31-May-10 31-May-09
Net Gearing n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions)
Value Metrics 31-May-11 31-May-10 31-May-09
Price/Book Value 5.4 4.8 6.2
Price/Tangible Book Value 5.4 4.8 6.2
Price/ Cash Flow 20.2 14.0 12.6
Price/Revenue 3.22 2.76 3.00
Price/R&D n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 52.12p 45.41p 36.99p
Net Cash per Share n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions)
Annualised Fundamentals 31-May-11 31-May-10 31-May-09
Continuing Operations      
Revenue 15.36 13.68 13.28
EBITDA 5.09
5.17		 4.72
4.74		 4.29
4.26
Depreciation (0.60)
(0.60)		 (0.49)
(0.49)		 (0.48)
(0.48)
Net Interest 0.06
0.06		 0.04
0.04		 0.09
0.09
Profit Before Tax 4.55
4.63		 4.27
4.29		 3.90
3.86
       
Revenue per Share 87.40p 78.32p 76.75p
Pre-Tax Profit per Share 25.87p
26.35p		 24.45p
24.58p		 22.52p
22.31p
Market Capitalisation £ (Millions) 49.41 37.56 39.76
Enterprise Value (EV) £ (Millions) 48.54 37.56 39.64
EBITDA/EV 10.49%
10.66%		 12.57%
12.63%		 10.83%
10.74%
Operating Margin 29.22%
29.76%		 30.90%
31.07%		 28.69%
28.43%
Capital Employed £ (Millions) 10.01 8.51 6.91
Return on Capital Employed 44.84%
45.67%		 49.65%
49.92%		 55.17%
54.66%
Invested Equity Capital £ (Millions) 22.95 19.56 16.96
       
Earnings per Share - Basic 18.89p
19.30p		 17.20p
17.33p		 15.73p
15.53p
Earnings per Share - Diluted 18.45p
18.28p		 16.38p
16.50p		 14.97p
15.53p
Earnings per Share - Adjusted 21.17p 18.60p 17.08p
Earnings per Share Growth - Basic 10%
11%		 9%
12%		 n/a
n/a
Earnings per Share Growth - Diluted 13%
11%		 9%
6%		 n/a
n/a
Earnings per Share Growth - Adjusted 14% 9% n/a
PE Ratio - Diluted 15.2
15.4		 13.2
13.1		 15.4
14.8
PEG - Diluted 1.2
1.4		 1.5
2.2		 n/a
n/a
Tax Rate 26.80% 29.65% 30.13%
Dividend Cover 4.28
3.90		 4.28
3.98		 4.38
3.98
Interest Cover n/a
n/a		 n/a
n/a		 650.44
644.61
       
Continuing & Discontinued Operations      
Earnings per Share - Basic 18.89p
19.30p		 17.20p
17.33p		 15.73p
15.53p
Earnings per Share - Diluted 18.45p
18.28p		 16.38p
16.50p		 14.97p
15.53p
Earnings per Share - Adjusted 21.17p 18.60p 17.08p
Earnings per Share Growth - Basic 10%
11%		 9%
12%		 n/a
n/a
Earnings per Share Growth - Diluted 13%
11%		 9%
6%		 n/a
n/a
Earnings per Share Growth - Adjusted 14% 9% n/a
PE Ratio - Diluted 15.2
15.4		 13.2
13.1		 15.4
14.8
PEG - Diluted 1.2
1.4		 1.5
2.2		 n/a
n/a
Dividend Cover 4.28
3.90		 4.28
3.98		 4.38
3.98
Return on Equity (ROE) 14.50%
14.78%		 15.36%
15.47%		 16.05%
15.84%
Operating Cash Flow per Share 13.90p 15.52p 18.31p
Gross Cash Flow per Share cn/a cn/a cn/a
Cash Incr/Decr per Share (6.70p) 5.62p 13.12p
Capital Expenditure per Share n/a n/a n/a
Dividend per Share 4.95p 4.35p 3.90p
Dividend per Share Growth 13.79% 11.54% n/a
Dividend Yield 1.8% 2.0% 1.7%
Shareholders Funds 22.10 18.98 16.46
Net Borrowings £ (Millions) (4.61) (5.79) (4.81)
Net Asset Value per Share (inc. Intangibles) 52.12p 45.41p 36.99p

  £ (Millions) £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-May-11 31-May-10 31-May-09
Shareholders' Funds inc Intangibles 22.10 18.98 16.46
Net Borrowings £ (Millions) (4.61) (5.79) (4.81)
Net Gearing n/a n/a n/a
Cash & Near Cash 4.61 5.79 4.81
Cash 20.87% 30.51% 29.21%
Gross Borrowings n/a n/a n/a
Gross Gearing n/a n/a n/a
Borrowings Under 5 years n/a n/a n/a
Under 5 years n/a n/a n/a
Borrowings Under 1 year n/a n/a n/a
Under 1 year n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions)
Gearing - exc Intangibles 31-May-11 31-May-10 31-May-09
Shareholders' Funds exc Intangibles 9.16 7.93 6.40
Net Borrowings £ (Millions) (4.61) (5.79) (4.81)
Net Gearing n/a n/a n/a
Cash & Near Cash 4.61 5.79 4.81
Cash 50.34% 73.01% 75.10%
Gross Borrowings n/a n/a n/a
Gross Gearing n/a n/a n/a
Borrowings Under 5 years n/a n/a n/a
Under 5 years n/a n/a n/a
Borrowings Under 1 year n/a n/a n/a
Under 1 year n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions)
Cover 31-May-11 31-May-10 31-May-09
Quick Ratio n/a n/a n/a
Current Ratio 3.19 3.11 2.68

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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