IDOX (IDOX)

Sector:

IT Services

Index:

FTSE AIM 50

65.40p
   
  • Change Today:
      1.40p
  • 52 Week High: 71.00p
  • 52 Week Low: 60.60p
  • Currency: UK Pounds
  • Shares Issued: 457.77m
  • Volume: 2,811,379
  • Market Cap: £299.38m
  • RiskGrade: 278

Key Financials

  £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Growth Metrics 31-Oct-11 31-Oct-10 31-Oct-09 31-Oct-08
Annualisation Factor 1.0 1.0 1.0 1.0
Dividend Yield 2.6% 3.5% 2.0% 1.2%
         
Continuing Operations        
PE Ratio - Adjusted 9.4 7.3 6.6 5.5
PE Ratio - Diluted 18.1
16.7		 12.1
10.4		 10.0
8.1		 6.8
6.8
PEG - Adjusted 0.2 0.5 n/a n/a
PEG - Diluted 0.8
1.3		 2.4
n/a		 n/a
n/a		 n/a
n/a
Return on Capital Employed n/a
n/a		 n/a
n/a		 173.38%
207.10%		 203.19%
203.19%
Operating Margin 15.67%
16.22%		 18.17%
19.28%		 15.35%
18.33%		 21.18%
21.18%
         
Continuing & Discontinued Operations        
PE Ratio - Adjusted 9.4 7.3 6.6 5.5
PE Ratio - Diluted 18.1
16.7		 12.1
10.4		 10.0
8.1		 6.8
6.8
PEG - Adjusted 0.2 0.5 n/a n/a
PEG - Diluted 0.8
1.3		 2.4
n/a		 n/a
n/a		 n/a
n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing 31-Oct-11 31-Oct-10 31-Oct-09 31-Oct-08
Net Gearing 7.01% 2.78% (11.24%) (3.90%)

  £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Value Metrics 31-Oct-11 31-Oct-10 31-Oct-09 31-Oct-08
Price/Book Value (5.6) (3.2) (7.7) (5.0)
Price/Tangible Book Value (5.6) (3.2) (7.7) (5.0)
Price/ Cash Flow 18.1 5.6 6.4 6.5
Price/Revenue 2.06 1.39 1.07 0.94
Price/R&D n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) (4.14p) (3.99p) (1.29p) (1.88p)
Net Cash per Share n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Annualised Fundamentals 31-Oct-11 31-Oct-10 31-Oct-09 31-Oct-08
Continuing Operations        
Revenue 38.60 31.27 32.16 34.03
EBITDA 10.29
10.50		 8.35
8.69		 6.95
7.38		 8.47
8.47
Depreciation (4.24)
(4.24)		 (2.66)
(2.66)		 (2.02)
(1.48)		 (1.26)
(1.26)
Net Interest (0.43)
(0.15)		 (0.74)
(0.30)		 (0.46)
(0.46)		 (0.64)
(0.64)
Profit Before Tax 5.61
6.11		 4.94
5.73		 4.48
5.44		 6.57
6.57
         
Revenue per Share 11.21p 9.17p 9.38p 9.95p
Pre-Tax Profit per Share 1.63p
1.77p		 1.45p
1.68p		 1.31p
1.59p		 1.92p
1.92p
Market Capitalisation £ (Millions) 80.07 43.88 34.42 32.26
Enterprise Value (EV) £ (Millions) 82.47 46.75 38.20 38.96
EBITDA/EV 12.47%
12.73%		 17.85%
18.59%		 18.20%
19.32%		 21.73%
21.73%
Operating Margin 15.67%
16.22%		 18.17%
19.28%		 15.35%
18.33%		 21.18%
21.18%
Capital Employed £ (Millions) (6.77) (6.20) 2.85 3.55
Return on Capital Employed n/a
n/a		 n/a
n/a		 173.38%
207.10%		 203.19%
203.19%
Invested Equity Capital £ (Millions) 39.43 35.56 31.67 28.74
         
Earnings per Share - Basic 1.31p
1.42p		 1.07p
1.25p		 1.01p
1.25p		 1.40p
1.40p
Earnings per Share - Diluted 1.28p
1.38p		 1.05p
1.23p		 1.00p
1.24p		 1.38p
1.38p
Earnings per Share - Adjusted 2.47p 1.75p 1.51p 1.70p
Earnings per Share Growth - Basic 22%
14%		 6%
-1%		 -28%
-10%		 n/a
n/a
Earnings per Share Growth - Diluted 22%
13%		 5%
-1%		 -28%
-10%		 n/a
n/a
Earnings per Share Growth - Adjusted 41% 16% -11% n/a
PE Ratio - Diluted 18.1
16.7		 12.1
10.4		 10.0
8.1		 6.8
6.8
PEG - Diluted 0.8
1.3		 2.4
n/a		 n/a
n/a		 n/a
n/a
Tax Rate 19.40% 26.40% 22.77% 27.17%
Dividend Cover 4.12
2.36		 3.89
2.77		 7.55
6.27		 14.78
12.16
Interest Cover 9.23
16.23		 7.56
19.13		 8.70
10.35		 8.29
8.29
         
Continuing & Discontinued Operations        
Earnings per Share - Basic 1.31p
1.42p		 1.07p
1.25p		 1.01p
1.25p		 1.40p
1.40p
Earnings per Share - Diluted 1.28p
1.38p		 1.05p
1.23p		 1.00p
1.24p		 1.38p
1.38p
Earnings per Share - Adjusted 2.47p 1.75p 1.51p 1.70p
Earnings per Share Growth - Basic 22%
14%		 6%
-1%		 -28%
-10%		 n/a
n/a
Earnings per Share Growth - Diluted 22%
13%		 5%
-1%		 -28%
-10%		 n/a
n/a
Earnings per Share Growth - Adjusted 41% 16% -11% n/a
PE Ratio - Diluted 18.1
16.7		 12.1
10.4		 10.0
8.1		 6.8
6.8
PEG - Diluted 0.8
1.3		 2.4
n/a		 n/a
n/a		 n/a
n/a
Dividend Cover 4.12
2.36		 3.89
2.77		 7.55
6.27		 14.78
12.16
Return on Equity (ROE) 11.48%
12.39%		 10.23%
11.95%		 10.92%
13.57%		 16.65%
16.65%
Operating Cash Flow per Share 1.28p 2.26p 1.56p 1.44p
Gross Cash Flow per Share cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share (1.28p) (1.45p) (0.22p) (0.36p)
Capital Expenditure per Share n/a n/a n/a n/a
Dividend per Share 0.60p 0.45p 0.20p 0.12p
Dividend per Share Growth 33.33% 125.00% 73.91% n/a
Dividend Yield 2.6% 3.5% 2.0% 1.2%
Shareholders Funds 34.37 31.01 28.17 25.45
Net Borrowings £ (Millions) 2.41 0.86 (3.17) (0.99)
Net Asset Value per Share (inc. Intangibles) (4.14p) (3.99p) (1.29p) (1.88p)

  £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-Oct-11 31-Oct-10 31-Oct-09 31-Oct-08
Shareholders' Funds inc Intangibles 34.37 31.01 28.17 25.45
Net Borrowings £ (Millions) 2.41 0.86 (3.17) (0.99)
Net Gearing 7.01% 2.78% (11.24%) (3.90%)
Cash & Near Cash n/a 2.00 6.95 7.69
Cash n/a 6.46% 24.66% 30.21%
Gross Borrowings 2.41 2.87 3.78 6.70
Gross Gearing 7.01% 9.24% 13.42% 26.31%
Borrowings Under 5 years 2.41 2.87 3.78 6.70
Under 5 years 7.01% 9.24% 13.42% 26.31%
Borrowings Under 1 year n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - exc Intangibles 31-Oct-11 31-Oct-10 31-Oct-09 31-Oct-08
Shareholders' Funds exc Intangibles (14.24) (13.62) (4.44) (6.44)
Net Borrowings £ (Millions) 2.41 0.86 (3.17) (0.99)
Net Gearing (16.91%) (6.33%) 71.39% 15.40%
Cash & Near Cash n/a 2.00 6.95 7.69
Cash n/a (14.72%) (156.64%) (119.36%)
Gross Borrowings 2.41 2.87 3.78 6.70
Gross Gearing 16.91% 21.05% 85.25% 103.96%
Borrowings Under 5 years 2.41 2.87 3.78 6.70
Under 5 years (16.91%) (21.05%) (85.25%) (103.96%)
Borrowings Under 1 year n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Cover 31-Oct-11 31-Oct-10 31-Oct-09 31-Oct-08
Quick Ratio n/a n/a n/a n/a
Current Ratio 0.46 0.47 1.06 1.16

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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