£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Growth Metrics | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
Annualisation Factor | 1.0 | 1.0 | n/a | 1.0 | 0.1 |
Dividend Yield | 7.0% | 5.7% | 0.0% | 3.5% | 4.5% |
Continuing Operations | |||||
PE Ratio - Adjusted | 9.3 | 9.9 | 1,726.5 | 16.0 | 12.4 |
PE Ratio - Diluted | 16.7 15.2 |
13.1 11.7 |
3,041.7 19.1 |
38.6 17.4 |
15.6 13.0 |
PEG - Adjusted | n/a | 0.0 | n/a | 0.8 | n/a |
PEG - Diluted | n/a n/a |
0.0 0.2 |
n/a 0.5 |
n/a 1.0 |
n/a n/a |
Return on Capital Employed | 42.47% 45.93% |
78.80% 86.37% |
0.52% 0.77% |
38.50% 75.87% |
8.19% 9.67% |
Operating Margin | 20.15% 21.79% |
32.34% 35.45% |
20.01% 29.62% |
14.71% 28.99% |
22.72% 26.84% |
Continuing & Discontinued Operations | |||||
PE Ratio - Adjusted | 9.3 | 9.9 | 171,044.2 | 16.0 | 99.2 |
PE Ratio - Diluted | 16.7 15.2 |
13.1 11.7 |
301,333.7 1,891.9 |
38.6 17.4 |
124.9 107.7 |
PEG - Adjusted | n/a | 0.0 | n/a | 0.0 | n/a |
PEG - Diluted | n/a n/a |
0.0 0.0 |
n/a n/a |
0.1 0.0 |
n/a n/a |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Gearing | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
Net Gearing | (53.79%) | (64.11%) | (41.91%) | (38.34%) | n/a |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Value Metrics | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
Price/Book Value | 7.1 | 9.5 | 16.4 | 15.2 | 9.4 |
Price/Tangible Book Value | 7.1 | 9.5 | 16.4 | 15.2 | 9.4 |
Price/ Cash Flow | 15.1 | 8.3 | 19.1 | 24.5 | 17.3 |
Price/Revenue | 2.69 | 3.15 | 472.84 | 4.37 | 24.79 |
Price/R&D | n/a | n/a | n/a | n/a | n/a |
Net Asset Value per Share (exc. Intangibles) | 143.39p | 134.29p | 86.67p | 61.85p | 64.15p |
Net Cash per Share | n/a | n/a | n/a | n/a | n/a |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Annualised Fundamentals | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
Continuing Operations | |||||
Revenue | 243.34 | 245.57 | 1.77 | 113.10 | 12.19 |
EBITDA | 80.52 84.51 |
91.54 99.17 |
0.45 0.62 |
16.64 32.79 |
2.49 2.99 |
Depreciation | (31.49) (31.49) |
(12.11) (12.11) |
(0.09) (0.09) |
n/a n/a |
0.28 0.28 |
Net Interest | 0.28 0.28 |
(0.14) (0.14) |
n/a n/a |
(0.13) (0.13) |
n/a n/a |
Profit Before Tax | 49.30 53.30 |
79.29 86.92 |
0.35 0.52 |
16.51 32.66 |
2.77 3.27 |
Revenue per Share | 380.22p | 405.04p | 3.00p | 215.29p | 24.28p |
Pre-Tax Profit per Share | 77.03p 83.28p |
130.78p 143.36p |
0.60p 0.89p |
31.43p 62.18p |
5.52p 6.52p |
Market Capitalisation £ (Millions) | 663.64 | 780.35 | 835.63 | 493.79 | n/a |
Enterprise Value (EV) £ (Millions) | 655.89 | 778.96 | 836.86 | 496.75 | (3.15) |
EBITDA/EV | 12.28% 12.89% |
11.75% 12.73% |
0.05% 0.07% |
3.35% 6.60% |
(79.02%) (94.98%) |
Operating Margin | 20.15% 21.79% |
32.34% 35.45% |
20.01% 29.62% |
14.71% 28.99% |
22.72% 26.84% |
Capital Employed £ (Millions) | 115.43 | 100.80 | 67.86 | 43.22 | 33.81 |
Return on Capital Employed | 42.47% 45.93% |
78.80% 86.37% |
0.52% 0.77% |
38.50% 75.87% |
8.19% 9.67% |
Invested Equity Capital £ (Millions) | 242.47 | 200.77 | 176.83 | 95.00 | 57.19 |
Earnings per Share - Basic | 61.45p 67.69p |
97.65p 110.22p |
0.47p 75.60p |
25.16p 55.91p |
39.98p 48.00p |
Earnings per Share - Diluted | 61.21p 67.43p |
97.61p 109.06p |
0.47p 74.36p |
24.33p 54.07p |
38.59p 46.33p |
Earnings per Share - Adjusted | 110.21p | 129.00p | 0.82p | 58.68p | 48.57p |
Earnings per Share Growth - Basic | -37% -39% |
20,474% 46% |
-98% 35% |
-37% 16% |
n/a n/a |
Earnings per Share Growth - Diluted | -37% -38% |
20,808% 47% |
-98% 38% |
-37% 17% |
n/a n/a |
Earnings per Share Growth - Adjusted | -15% | 15,585% | -99% | 21% | n/a |
PE Ratio - Diluted | 16.7 15.2 |
13.1 11.7 |
3,041.7 19.1 |
38.6 17.4 |
15.6 13.0 |
PEG - Diluted | n/a n/a |
0.0 0.2 |
n/a 0.5 |
n/a 1.0 |
n/a n/a |
Tax Rate | 20.23% | 25.33% | 20.78% | 19.94% | 9.51% |
Dividend Cover | 1.53 0.94 |
1.79 1.53 |
1.73 159.35 |
1.78 1.69 |
1.80 1.78 |
Interest Cover | 594.99 643.12 |
559.39 613.08 |
310.12 458.95 |
112.54 221.69 |
n/a n/a |
Continuing & Discontinued Operations | |||||
Earnings per Share - Basic | 61.45p 67.69p |
97.65p 110.22p |
n/a 0.76p |
25.16p 55.91p |
4.99p 5.79p |
Earnings per Share - Diluted | 61.21p 67.43p |
97.61p 109.06p |
n/a 0.75p |
24.33p 54.07p |
4.82p 5.59p |
Earnings per Share - Adjusted | 110.21p | 129.00p | 0.008p | 58.68p | 6.07p |
Earnings per Share Growth - Basic | -37% -39% |
2,038,166% 14,343% |
-100% -99% |
404% 865% |
n/a n/a |
Earnings per Share Growth - Diluted | -37% -38% |
2,071,251% 14,430% |
-100% -99% |
405% 867% |
n/a n/a |
Earnings per Share Growth - Adjusted | -15% | 1,553,752% | -100% | 867% | n/a |
PE Ratio - Diluted | 16.7 15.2 |
13.1 11.7 |
301,333.7 1,891.9 |
38.6 17.4 |
124.9 107.7 |
PEG - Diluted | n/a n/a |
0.0 0.0 |
n/a n/a |
0.1 0.0 |
n/a n/a |
Dividend Cover | 1.53 0.94 |
1.79 1.53 |
0.02 1.61 |
1.78 1.69 |
0.22 0.21 |
Return on Equity (ROE) | 16.22% 17.87% |
29.49% 33.29% |
0.16% 0.25% |
13.91% 30.92% |
4.38% 5.08% |
Operating Cash Flow per Share | 67.84p | 154.37p | 0.75p | 38.38p | 34.72p |
Gross Cash Flow per Share | cn/a | cn/a | cn/a | cn/a | cn/a |
Cash Incr/Decr per Share | 0.29p | 80.74p | 0.54p | 9.03p | 1.19p |
Capital Expenditure per Share | n/a | n/a | n/a | n/a | n/a |
Dividend per Share | 72.00p | 72.00p | 0.47p | 33.00p | 27.00p |
Dividend per Share Growth | n/a | 15,076.45% | (98.56%) | 22.22% | n/a |
Dividend Yield | 7.0% | 5.7% | 0.0% | 3.5% | 4.5% |
Shareholders Funds | 220.98 | 184.17 | 163.39 | 90.04 | 55.57 |
Net Borrowings £ (Millions) | (118.87) | (118.08) | (68.48) | (34.52) | (35.55) |
Net Asset Value per Share (inc. Intangibles) | 143.39p | 134.29p | 86.67p | 61.85p | 64.15p |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Gearing - inc Intangibles | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
Shareholders' Funds inc Intangibles | 220.98 | 184.17 | 163.39 | 90.04 | 55.57 |
Net Borrowings £ (Millions) | (118.87) | (118.08) | (68.48) | (34.52) | (35.55) |
Net Gearing | (53.79%) | (64.11%) | (41.91%) | (38.34%) | n/a |
Cash & Near Cash | 121.04 | 120.85 | 71.90 | 40.29 | 35.55 |
Cash | 54.77% | 65.62% | 44.01% | 44.75% | 63.97% |
Gross Borrowings | 2.17 | 2.78 | 3.42 | 5.77 | n/a |
Gross Gearing | 0.98% | 1.51% | 2.09% | 6.41% | n/a |
Borrowings Under 5 years | 2.17 | 2.78 | 3.42 | 5.77 | n/a |
Under 5 years | 0.98% | 1.51% | 2.09% | 6.41% | 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 | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
Shareholders' Funds exc Intangibles | 91.77 | 81.42 | 51.00 | 32.49 | 32.19 |
Net Borrowings £ (Millions) | (118.87) | (118.08) | (68.48) | (34.52) | (35.55) |
Net Gearing | n/a | n/a | n/a | n/a | n/a |
Cash & Near Cash | 121.04 | 120.85 | 71.90 | 40.29 | 35.55 |
Cash | 131.90% | 148.43% | 140.98% | 124.02% | 110.43% |
Gross Borrowings | 2.17 | 2.78 | 3.42 | 5.77 | n/a |
Gross Gearing | 2.36% | 3.41% | 6.71% | 17.76% | n/a |
Borrowings Under 5 years | 2.17 | 2.78 | 3.42 | 5.77 | n/a |
Under 5 years | 2.36% | 3.41% | 6.70% | 17.76% | 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 | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
Quick Ratio | n/a | n/a | n/a | n/a | n/a |
Current Ratio | 1.43 | 1.37 | 1.21 | 1.19 | 1.33 |
* 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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