Abrdn (ABDN)

Sector:

Financials

Index:

FTSE 250

153.85p
   
  • Change Today:
    -1.30p
  • 52 Week High: 236.70
  • 52 Week Low: 136.20
  • Currency: UK Pounds
  • Shares Issued: 1,840.74m
  • Volume: 169,584
  • Market Cap: £2,831.98m

Key Financials

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Growth Metrics 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Annualisation Factor 1.0 n/a 1.0 0.2 1.0
Dividend Yield 7.7% 6.1% 5.2% 6.6% 4.1%
           
Continuing Operations          
PE Ratio - Adjusted 18.0 17.3 31.6 36.9 26.0
PE Ratio - Diluted n/a
n/a		 5.2
17.6		 7.4
n/a		 37.3
37.6		 26.2
21.9
PEG - Adjusted n/a 0.3 n/a n/a 2.4
PEG - Diluted n/a
n/a		 0.2
n/a		 0.0
n/a		 n/a
n/a		 2.4
1.1
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 (38.23%)
(38.23%)		 69.26%
22.26%		 44.14%
(53.70%)		 12.27%
12.27%		 16.51%
23.88%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 18.0 1,716.9 31.6 146.6 19.5
PE Ratio - Diluted n/a
n/a		 518.8
1,740.7		 7.6
n/a		 147.9
148.5		 19.6
18.7
PEG - Adjusted 0.0 n/a 0.1 n/a 2.8
PEG - Diluted n/a
n/a		 n/a
n/a		 0.0
n/a		 n/a
n/a		 2.8
18.7

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Net Gearing (9.51%) (16.92%) (12.94%) (14.63%) n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Value Metrics 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Price/Book Value 0.9 0.7 1.0 1.6 2.6
Price/Tangible Book Value 1.0 0.7 1.0 1.6 2.7
Price/ Cash Flow 36.0 365.3 110.6 38.8 (8.9)
Price/Revenue 2.58 300.69 4.06 17.14 4.65
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 201.67p 336.88p 286.65p 208.89p 183.94p
Net Cash per Share n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Annualised Fundamentals 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Continuing Operations          
Revenue 1,538.00 17.01 1,527.00 454.35 2,404.00
EBITDA (463.00)
(463.00)		 12.78
4.78		 1,900.00
271.00		 55.77
55.77		 499.00
633.00
Depreciation (125.00)
(125.00)		 (1.00)
(1.00)		 (1,226.00)
(1,091.00)		 n/a
n/a		 (102.00)
(59.00)
Net Interest (29.00)
(29.00)		 (0.30)
(0.30)		 (30.00)
(30.00)		 (7.20)
(7.20)		 (11.00)
(11.00)
Profit Before Tax (612.00)
(612.00)		 11.25
3.26		 838.00
(850.00)		 48.57
48.57		 422.00
599.00
           
Revenue per Share 73.45p 0.80p 69.35p 19.14p 100.84p
Pre-Tax Profit per Share (29.23p)
(29.23p)		 0.53p
0.15p		 38.06p
(38.60p)		 2.05p
2.05p		 17.70p
25.13p
Market Capitalisation £ (Millions) 3,788.58 5,253.37 6,172.05 7,673.35 11,234.15
Enterprise Value (EV) £ (Millions) 4,409.58 5,897.37 6,810.05 8,328.35 12,890.15
EBITDA/EV (10.50%)
(10.50%)		 0.22%
0.08%		 27.90%
3.98%		 0.67%
0.67%		 3.87%
4.91%
Operating Margin (38.23%)
(38.23%)		 69.26%
22.26%		 44.14%
(53.70%)		 12.27%
12.27%		 16.51%
23.88%
Capital Employed £ (Millions) 5,164.00 8,048.00 7,109.00 5,803.00 6,255.00
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) 5,948.00 7,895.00 6,969.00 6,753.00 4,930.00
           
Earnings per Share - Basic (26.60p)
(26.65p)		 46.80p
13.94p		 38.50p
(41.08p)		 8.90p
8.85p		 18.06p
21.52p
Earnings per Share - Diluted (26.60p)
(26.45p)		 46.00p
13.71p		 37.90p
(40.40p)		 8.80p
8.73p		 17.94p
21.41p
Earnings per Share - Adjusted 10.50p 13.90p 8.90p 8.90p 18.06p
Earnings per Share Growth - Basic n/a
n/a		 22%
n/a		 333%
n/a		 -51%
-59%		 11%
20%
Earnings per Share Growth - Diluted n/a
n/a		 21%
n/a		 331%
n/a		 -51%
-59%		 11%
20%
Earnings per Share Growth - Adjusted -24% 56% n/a -51% 11%
PE Ratio - Diluted n/a
n/a		 5.2
17.6		 7.4
n/a		 37.3
37.6		 26.2
21.9
PEG - Diluted n/a
n/a		 0.2
n/a		 0.0
n/a		 n/a
n/a		 2.4
1.1
Tax Rate 11.07% 10.55% 3.42% 11.52% 10.88%
Dividend Cover 0.72
(1.83)		 0.95
0.95		 0.61
(2.81)		 0.41
0.41		 0.93
1.11
Interest Cover (20.10)
(20.10)		 38.17
11.77		 28.93
(27.33)		 7.75
7.75		 5.31
7.11
           
Continuing & Discontinued Operations          
Earnings per Share - Basic (26.60p)
(26.79p)		 0.47p
0.14p		 37.80p
(41.08p)		 2.24p
2.24p		 24.11p
25.25p
Earnings per Share - Diluted (26.60p)
(26.59p)		 0.46p
0.14p		 37.20p
(40.40p)		 2.22p
2.21p		 24.00p
25.12p
Earnings per Share - Adjusted 10.50p 0.14p 8.90p 2.24p 24.11p
Earnings per Share Growth - Basic n/a
n/a		 -99%
n/a		 1,588%
n/a		 -91%
-91%		 7%
1%
Earnings per Share Growth - Diluted n/a
n/a		 -99%
n/a		 1,577%
n/a		 -91%
-91%		 7%
1%
Earnings per Share Growth - Adjusted 7,384% -98% 298% -91% 7%
PE Ratio - Diluted n/a
n/a		 518.8
1,740.7		 7.6
n/a		 147.9
148.5		 19.6
18.7
PEG - Diluted n/a
n/a		 n/a
n/a		 0.0
n/a		 n/a
n/a		 2.8
18.7
Dividend Cover 0.72
(1.83)		 0.01
0.01		 0.61
(2.81)		 0.10
0.10		 1.24
1.30
Return on Equity (ROE) (9.43%)
(9.43%)		 0.13%
0.04%		 11.95%
(12.98%)		 0.79%
0.79%		 10.20%
12.21%
Operating Cash Flow per Share 5.25p 0.66p 2.54p 8.47p (52.89p)
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share (35.20p) 0.25p 0.27p 3.43p 47.40p
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 14.60p 14.60p 14.60p 21.60p 19.46p
Dividend per Share Growth n/a n/a (32.41%) 10.98% 7.78%
Dividend Yield 7.7% 6.1% 5.2% 6.6% 4.1%
Shareholders Funds 5,628.00 7,643.00 6,810.00 6,564.00 4,672.00
Net Borrowings £ (Millions) (535.00) (1,293.00) (881.00) (960.00) (8,961.00)
Net Asset Value per Share (inc. Intangibles) 191.45p 326.85p 286.51p 204.59p 172.27p

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Shareholders' Funds inc Intangibles 5,628.00 7,643.00 6,810.00 6,564.00 4,672.00
Net Borrowings £ (Millions) (535.00) (1,293.00) (881.00) (960.00) (8,961.00)
Net Gearing (9.51%) (16.92%) (12.94%) (14.63%) n/a
Cash & Near Cash 1,156.00 1,937.00 1,519.00 1,615.00 10,617.00
Cash 20.54% 25.34% 22.31% 24.60% 227.25%
Gross Borrowings 621.00 644.00 638.00 655.00 1,656.00
Gross Gearing 11.03% 8.43% 9.37% 9.98% 34.50%
Borrowings Under 5 years 621.00 644.00 638.00 655.00 1,656.00
Under 5 years 11.03% 8.43% 9.37% 9.98% 35.45%
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-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Shareholders' Funds exc Intangibles 4,009.00 6,939.00 6,309.00 4,857.00 4,107.00
Net Borrowings £ (Millions) (535.00) (1,293.00) (881.00) (960.00) (8,961.00)
Net Gearing (13.34%) (18.63%) (13.96%) (19.77%) n/a
Cash & Near Cash 1,156.00 1,937.00 1,519.00 1,615.00 10,617.00
Cash 28.84% 27.91% 24.08% 33.25% 258.51%
Gross Borrowings 621.00 644.00 638.00 655.00 1,656.00
Gross Gearing 15.49% 9.28% 10.11% 13.49% 39.25%
Borrowings Under 5 years 621.00 644.00 638.00 655.00 1,656.00
Under 5 years 15.49% 9.28% 10.11% 13.49% 40.32%
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-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Quick Ratio n/a n/a n/a n/a n/a
Current Ratio n/a n/a n/a n/a 294.92
Interest Cover (20.10)
(20.10)		 38.17
11.77		 28.93
(27.33)		 7.75
7.75		 5.31
7.11

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: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Normalised ratios are shown in blue text

Note 5: Forecast figures based on normalised accounts.

 

Top of Page