£ (Millions) | £ (Millions) | |
Growth Metrics | 31-Dec-10 | 31-Dec-09 |
Annualisation Factor | 1.0 | 1.0 |
Dividend Yield | 5.3% | 6.0% |
Continuing Operations | ||
PE Ratio - Adjusted | 8.2 | 7.2 |
PE Ratio - Diluted | n/a 0.5 |
n/a 5.5 |
PEG - Adjusted | n/a | n/a |
PEG - Diluted | n/a 0.0 |
n/a n/a |
Return on Capital Employed | 105.89% 6,054.67% |
n/a 160.81% |
Operating Margin | (54.12%) 4.12% |
(8.61%) 7.23% |
Continuing & Discontinued Operations | ||
PE Ratio - Adjusted | 7.7 | 6.2 |
PE Ratio - Diluted | n/a 10.3 |
n/a 4.8 |
PEG - Adjusted | n/a | n/a |
PEG - Diluted | n/a n/a |
n/a n/a |
£ (Millions) | £ (Millions) | |
Gearing | 31-Dec-10 | 31-Dec-09 |
Net Gearing | 26.52% | 20.36% |
£ (Millions) | £ (Millions) | |
Value Metrics | 31-Dec-10 | 31-Dec-09 |
Price/Book Value | (1.0) | (1.7) |
Price/Tangible Book Value | (1.0) | (1.7) |
Price/ Cash Flow | 2.0 | 3.3 |
Price/Revenue | 0.30 | 0.26 |
Price/R&D | 41.2 | 104.1 |
Net Asset Value per Share (exc. Intangibles) | (35.39p) | (33.51p) |
Net Cash per Share | 0.82p | 0.53p |
£ (Millions) | £ (Millions) | |
Annualised Fundamentals | 31-Dec-10 | 31-Dec-09 |
Continuing Operations | ||
Revenue | 104.10 | 193.65 |
EBITDA | 2.30 11.31 |
19.79 19.79 |
Depreciation | (58.63) (7.02) |
(36.47) (5.78) |
Net Interest | (1.49) (1.49) |
(1.14) (1.14) |
Profit Before Tax | (0.41) 60.21 |
(17.81) 12.87 |
Revenue per Share | 111.10p | 213.93p |
Pre-Tax Profit per Share | (0.44p) 64.26p |
(19.68p) 14.22p |
Market Capitalisation £ (Millions) | 31.54 | 51.95 |
Enterprise Value (EV) £ (Millions) | 60.38 | 89.11 |
EBITDA/EV | 3.81% 18.73% |
22.21% 22.21% |
Operating Margin | (54.12%) 4.12% |
(8.61%) 7.23% |
Capital Employed £ (Millions) | 1.02 | 8.71 |
Return on Capital Employed | 105.89% 6,054.67% |
n/a 160.81% |
Invested Equity Capital £ (Millions) | 70.78 | 138.40 |
Earnings per Share - Basic | (0.36p) 61.27p |
(17.21p) 10.00p |
Earnings per Share - Diluted | (0.36p) 61.27p |
(17.21p) 10.00p |
Earnings per Share - Adjusted | 4.10p | 7.70p |
Earnings per Share Growth - Basic | n/a 513% |
n/a n/a |
Earnings per Share Growth - Diluted | n/a 513% |
n/a n/a |
Earnings per Share Growth - Adjusted | -47% | n/a |
PE Ratio - Diluted | n/a 0.5 |
n/a 5.5 |
PEG - Diluted | n/a 0.0 |
n/a n/a |
Tax Rate | 481.55% | (16.80%) |
Dividend Cover | 2.28 34.04 |
2.33 3.02 |
Interest Cover | 0.75 37.85 |
(11.99) 10.39 |
Continuing & Discontinued Operations | ||
Earnings per Share - Basic | (47.74p) 3.26p |
(45.65p) 11.61p |
Earnings per Share - Diluted | (47.74p) 3.26p |
(45.43p) 11.61p |
Earnings per Share - Adjusted | 4.39p | 9.00p |
Earnings per Share Growth - Basic | n/a -72% |
n/a n/a |
Earnings per Share Growth - Diluted | n/a -72% |
n/a n/a |
Earnings per Share Growth - Adjusted | -51% | n/a |
PE Ratio - Diluted | n/a 10.3 |
n/a 4.8 |
PEG - Diluted | n/a n/a |
n/a n/a |
Dividend Cover | 2.44 1.81 |
2.72 3.50 |
Return on Equity (ROE) | (87.74%) 4.32% |
(41.48%) 7.59% |
Operating Cash Flow per Share | 16.94p | 16.71p |
Gross Cash Flow per Share | cn/a | cn/a |
Cash Incr/Decr per Share | 5.58p | (5.00p) |
Capital Expenditure per Share | n/a | n/a |
Dividend per Share | 1.80p | 3.31p |
Dividend per Share Growth | (45.65%) | n/a |
Dividend Yield | 5.3% | 6.0% |
Shareholders Funds | 69.75 | 136.52 |
Net Borrowings £ (Millions) | 18.50 | 27.79 |
Net Asset Value per Share (inc. Intangibles) | (35.39p) | (33.51p) |
£ (Millions) | £ (Millions) | |
Gearing - inc Intangibles | 31-Dec-10 | 31-Dec-09 |
Shareholders' Funds inc Intangibles | 69.75 | 136.52 |
Net Borrowings £ (Millions) | 18.50 | 27.79 |
Net Gearing | 26.52% | 20.36% |
Cash & Near Cash | 14.66 | 9.37 |
Cash | 21.01% | 6.86% |
Gross Borrowings | 33.16 | 37.16 |
Gross Gearing | 47.53% | 27.22% |
Borrowings Under 5 years | 33.16 | 37.16 |
Under 5 years | 47.53% | 27.22% |
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 | (33.16) | (30.33) |
Net Borrowings £ (Millions) | 18.50 | 27.79 |
Net Gearing | (55.78%) | (91.63%) |
Cash & Near Cash | 14.66 | 9.37 |
Cash | (44.20%) | (30.89%) |
Gross Borrowings | 33.16 | 37.16 |
Gross Gearing | 99.98% | 122.52% |
Borrowings Under 5 years | 33.16 | 37.16 |
Under 5 years | (99.98%) | (122.52%) |
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 | 0.91 | 0.99 |
Current Ratio | 0.92 | 1.00 |
* GAAP
a. Includes discontinued activities
b. Based on operating cash flow before tax
c. Not disclosed under IFRS
d. Includes non-current assets
You are here: research