£ (Millions) | £ (Millions) | |
Growth Metrics | 31-Dec-14 | 31-Dec-13 |
Annualisation Factor | 1.0 | 1.0 |
Dividend Yield | 3.1% | 0.5% |
Continuing Operations | ||
PE Ratio - Adjusted | 13.5 | 25.0 |
PE Ratio - Diluted | 13.5 13.7 |
25.0 25.4 |
PEG - Adjusted | n/a | n/a |
PEG - Diluted | n/a n/a |
n/a n/a |
Return on Capital Employed | 87.37% 87.29% |
97.49% 104.74% |
Operating Margin | 29.18% 29.15% |
30.87% 33.17% |
Continuing & Discontinued Operations | ||
PE Ratio - Adjusted | 13.5 | 25.0 |
PE Ratio - Diluted | 13.5 13.5 |
25.0 25.4 |
PEG - Adjusted | n/a | n/a |
PEG - Diluted | n/a n/a |
n/a n/a |
£ (Millions) | £ (Millions) | |
Gearing | 31-Dec-14 | 31-Dec-13 |
Net Gearing | n/a | n/a |
£ (Millions) | £ (Millions) | |
Value Metrics | 31-Dec-14 | 31-Dec-13 |
Price/Book Value | 16.1 | 36.2 |
Price/Tangible Book Value | 16.1 | 36.2 |
Price/ Cash Flow | 12.7 | 23.7 |
Price/Revenue | 3.14 | 6.32 |
Price/R&D | n/a | n/a |
Net Asset Value per Share (exc. Intangibles) | 9.98p | 9.18p |
Net Cash per Share | n/a | n/a |
£ (Millions) | £ (Millions) | |
Annualised Fundamentals | 31-Dec-14 | 31-Dec-13 |
Continuing Operations | ||
Revenue | 144.00 | 139.18 |
EBITDA | 46.14 46.11 |
46.66 49.86 |
Depreciation | (4.12) (4.12) |
(3.69) (3.69) |
Net Interest | 0.13 0.13 |
(4.02) (4.02) |
Profit Before Tax | 42.00 41.96 |
38.95 42.14 |
Revenue per Share | 51.08p | 52.60p |
Pre-Tax Profit per Share | 14.90p 14.89p |
14.72p 15.93p |
Market Capitalisation £ (Millions) | 452.11 | 938.24 |
Enterprise Value (EV) £ (Millions) | 452.11 | 938.24 |
EBITDA/EV | 10.21% 10.20% |
4.97% 5.31% |
Operating Margin | 29.18% 29.15% |
30.87% 33.17% |
Capital Employed £ (Millions) | 47.92 | 44.08 |
Return on Capital Employed | 87.37% 87.29% |
97.49% 104.74% |
Invested Equity Capital £ (Millions) | 166.09 | 162.25 |
Earnings per Share - Basic | 11.90p 11.70p |
12.20p 13.10p |
Earnings per Share - Diluted | 11.90p 11.69p |
13.30p 13.10p |
Earnings per Share - Adjusted | 11.90p | 13.30p |
Earnings per Share Growth - Basic | -2% -11% |
n/a n/a |
Earnings per Share Growth - Diluted | -10% -11% |
n/a n/a |
Earnings per Share Growth - Adjusted | -10% | n/a |
PE Ratio - Diluted | 13.5 13.7 |
25.0 25.4 |
PEG - Diluted | n/a n/a |
n/a n/a |
Tax Rate | 20.73% | 17.46% |
Dividend Cover | 2.41 2.37 |
7.82 7.70 |
Interest Cover | n/a n/a |
10.44 11.21 |
Continuing & Discontinued Operations | ||
Earnings per Share - Basic | 11.90p 11.85p |
12.20p 13.10p |
Earnings per Share - Diluted | 11.90p 11.85p |
13.30p 13.10p |
Earnings per Share - Adjusted | 11.90p | 13.30p |
Earnings per Share Growth - Basic | -2% -10% |
n/a n/a |
Earnings per Share Growth - Diluted | -10% -10% |
n/a n/a |
Earnings per Share Growth - Adjusted | -10% | n/a |
PE Ratio - Diluted | 13.5 13.5 |
25.0 25.4 |
PEG - Diluted | n/a n/a |
n/a n/a |
Dividend Cover | 2.41 2.40 |
7.82 7.70 |
Return on Equity (ROE) | 20.13% 20.12% |
19.81% 21.36% |
Operating Cash Flow per Share | 12.61p | n/a |
Gross Cash Flow per Share | cn/a | cn/a |
Cash Incr/Decr per Share | (0.29p) | 5.13p |
Capital Expenditure per Share | n/a | n/a |
Dividend per Share | 4.94p | 1.70p |
Dividend per Share Growth | 190.59% | n/a |
Dividend Yield | 3.1% | 0.5% |
Shareholders Funds | 146.29 | 142.45 |
Net Borrowings £ (Millions) | (22.53) | (23.35) |
Net Asset Value per Share (inc. Intangibles) | 9.98p | 9.18p |
£ (Millions) | £ (Millions) | |
Gearing - inc Intangibles | 31-Dec-14 | 31-Dec-13 |
Shareholders' Funds inc Intangibles | 146.29 | 142.45 |
Net Borrowings £ (Millions) | (22.53) | (23.35) |
Net Gearing | n/a | n/a |
Cash & Near Cash | 22.53 | 23.35 |
Cash | 15.40% | 16.39% |
Gross Borrowings | n/a | n/a |
Gross Gearing | n/a | n/a |
Borrowings Under 5 years | n/a | n/a |
Under 5 years | n/a | n/a |
Borrowings Under 1 year | n/a | n/a |
Under 1 year | n/a | n/a |
£ (Millions) | £ (Millions) | |
Gearing - exc Intangibles | 31-Dec-14 | 31-Dec-13 |
Shareholders' Funds exc Intangibles | 28.12 | 24.28 |
Net Borrowings £ (Millions) | (22.53) | (23.35) |
Net Gearing | n/a | n/a |
Cash & Near Cash | 22.53 | 23.35 |
Cash | 80.13% | 96.18% |
Gross Borrowings | n/a | n/a |
Gross Gearing | n/a | n/a |
Borrowings Under 5 years | n/a | n/a |
Under 5 years | n/a | n/a |
Borrowings Under 1 year | n/a | n/a |
Under 1 year | n/a | n/a |
£ (Millions) | £ (Millions) | |
Cover | 31-Dec-14 | 31-Dec-13 |
Quick Ratio | n/a | n/a |
Current Ratio | 2.38 | 2.06 |
* 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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