London Stock Exchange Group (LSEG)

Sector:

Financials

Index:

FTSE 100

8,808.00p
   
  • Change Today:
    -190.00p
  • 52 Week High: 9,674.00
  • 52 Week Low: 7,986.00
  • Currency: UK Pounds
  • Shares Issued: 535.60m
  • Volume: 915,211
  • Market Cap: £47,176m

Key Financials

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Growth Metrics 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Annualisation Factor 1.0 1.0 n/a 1.0 1.0
Dividend Yield 1.2% 1.5% 1.4% 0.8% 0.9%
           
Continuing Operations          
PE Ratio - Adjusted 28.6 22.5 25.4 54.0 38.7
PE Ratio - Diluted 67.2
179.9		 50.6
55.4		 81.3
25.7		 109.1
55.2		 65.6
39.1
PEG - Adjusted 14.3 1.3 0.4 n/a 2.6
PEG - Diluted n/a
n/a		 0.8
n/a		 27.1
0.4		 n/a
n/a		 n/a
0.9
Return on Capital Employed 29.31%
29.31%		 34.01%
33.63%		 0.32%
0.69%		 25.82%
39.14%		 38.64%
53.40%
Operating Margin 17.01%
17.01%		 19.02%
19.02%		 16.98%
36.30%		 27.68%
26.35%		 35.89%
49.61%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 28.6 21.7 2,277.9 43.0 38.7
PE Ratio - Diluted 67.2
179.9		 30.7
77.1		 1,187.6
898.9		 75.8
44.8		 65.6
39.1
PEG - Adjusted n/a 0.0 n/a 8.6 2.6
PEG - Diluted n/a
n/a		 0.0
0.1		 n/a
n/a		 75.8
44.8		 n/a
0.9

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Gearing 25.70% 21.60% 21.10% 4.47% 17.13%

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Value Metrics 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Price/Book Value (7.1) (5.7) (6.0) (158.4) (43.6)
Price/Tangible Book Value (5.4) (4.4) (4.6) (51.4) (28.0)
Price/ Cash Flow 17.3 14.5 14.3 32.4 32.3
Price/Revenue 6.30 5.33 586.57 15.53 13.16
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) (1,314.42p) (1,241.47p) (1,153.35p) (56.86p) (177.65p)
Net Cash per Share n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Annualised Fundamentals 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 8,061.00 7,454.00 63.56 2,030.00 2,056.00
EBITDA 3,514.00
3,514.00		 3,318.00
3,318.00		 26.64
30.01		 562.00
535.00		 738.00
1,020.00
Depreciation (2,143.00)
(2,143.00)		 (1,900.00)
(1,900.00)		 (15.85)
(6.93)		 n/a
n/a		 n/a
n/a
Net Interest (176.00)
(170.00)		 (176.00)
(160.00)		 (1.73)
(1.73)		 (70.00)
(70.00)		 (87.00)
(87.00)
Profit Before Tax 1,195.00
1,201.00		 1,241.00
1,241.00		 9.02
21.36		 492.00
782.00		 651.00
933.00
           
Revenue per Share 1,470.98p 1,338.24p 11.81p 580.00p 589.11p
Pre-Tax Profit per Share 218.07p
219.16p		 222.80p
222.80p		 1.68p
3.97p		 140.57p
223.43p		 186.53p
267.33p
Market Capitalisation £ (Millions) 49,464.48 39,262.46 35,436,480,052.41 31,618.08 27,202.50
Enterprise Value (EV) £ (Millions) (704,844.52) (744,384.54) 35,435,738,839.41 (808,120.92) (767,167.50)
EBITDA/EV (0.50%)
(0.50%)		 (0.45%)
(0.45%)		 n/a
n/a		 (0.07%)
(0.07%)		 (0.10%)
(0.13%)
Operating Margin 17.01%
17.01%		 19.02%
19.02%		 16.98%
36.30%		 27.68%
26.35%		 35.89%
49.61%
Capital Employed £ (Millions) 4,677.00 4,166.00 3,328.00 2,177.00 1,910.00
Return on Capital Employed 29.31%
29.31%		 34.01%
33.63%		 0.32%
0.69%		 25.82%
39.14%		 38.64%
53.40%
Invested Equity Capital £ (Millions) 25,988.00 28,254.00 25,519.00 4,136.00 3,900.00
           
Earnings per Share - Basic 138.90p
51.83p		 141.80p
129.44p		 85.80p
271.56p		 83.60p
165.14p		 119.50p
200.29p
Earnings per Share - Diluted 138.10p
51.54p		 141.10p
128.75p		 85.20p
270.06p		 82.60p
163.28p		 118.10p
198.02p
Earnings per Share - Adjusted 323.90p 317.80p 272.40p 166.70p 200.30p
Earnings per Share Growth - Basic -2%
-60%		 65%
-52%		 3%
64%		 -30%
-18%		 -14%
42%
Earnings per Share Growth - Diluted -2%
-60%		 66%
-52%		 3%
65%		 -30%
-18%		 -13%
43%
Earnings per Share Growth - Adjusted 2% 17% 63% -17% 15%
PE Ratio - Diluted 67.2
179.9		 50.6
55.4		 81.3
25.7		 109.1
55.2		 65.6
39.1
PEG - Diluted n/a
n/a		 0.8
n/a		 27.1
0.4		 n/a
n/a		 n/a
0.9
Tax Rate 20.67% 21.10% 33.63% 28.05% 28.57%
Dividend Cover 2.82
0.45		 2.97
1.21		 2.87
2.86		 2.22
2.20		 2.86
2.86
Interest Cover 4.57
4.65		 6.72
7.17		 5.12
10.75		 7.47
11.29		 7.45
10.24
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 138.90p
51.83p		 233.80p
93.00p		 5.87p
7.75p		 120.30p
203.14p		 119.50p
200.29p
Earnings per Share - Diluted 138.10p
51.54p		 232.50p
92.50p		 5.83p
7.71p		 118.90p
200.85p		 118.10p
198.02p
Earnings per Share - Adjusted 323.90p 328.40p 3.04p 209.70p 200.30p
Earnings per Share Growth - Basic -41%
-44%		 3,882%
1,100%		 -95%
-96%		 1%
1%		 -14%
42%
Earnings per Share Growth - Diluted -41%
-44%		 3,884%
1,100%		 -95%
-96%		 1%
1%		 -13%
43%
Earnings per Share Growth - Adjusted -1% 10,694% -98% 5% 15%
PE Ratio - Diluted 67.2
179.9		 30.7
77.1		 1,187.6
898.9		 75.8
44.8		 65.6
39.1
PEG - Diluted n/a
n/a		 0.0
0.1		 n/a
n/a		 75.8
44.8		 n/a
0.9
Dividend Cover 2.82
0.45		 3.07
0.87		 0.03
0.08		 2.80
2.71		 2.86
2.86
Return on Equity (ROE) 2.93%
1.09%		 4.61%
1.83%		 0.12%
0.16%		 10.18%
17.19%		 10.69%
17.92%
Operating Cash Flow per Share 536.86p 491.38p 483.64p 277.71p 239.83p
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share 88.87p 64.63p 1.76p 67.71p 16.33p
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 115.00p 107.00p 95.00p 75.00p 70.00p
Dividend per Share Growth 7.48% 12.63% 26.67% 7.14% 15.89%
Dividend Yield 1.2% 1.5% 1.4% 0.8% 0.9%
Shareholders Funds 23,807.00 25,996.00 23,640.00 3,711.00 3,455.00
Net Borrowings £ (Millions) 6,119.00 5,614.00 4,989.00 166.00 592.00
Net Asset Value per Share (inc. Intangibles) (1,704.38p) (1,628.37p) (1,502.60p) (175.14p) (276.79p)

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shareholders' Funds inc Intangibles 23,807.00 25,996.00 23,640.00 3,711.00 3,455.00
Net Borrowings £ (Millions) 6,119.00 5,614.00 4,989.00 166.00 592.00
Net Gearing 25.70% 21.60% 21.10% 4.47% 17.13%
Cash & Near Cash 3,580.00 3,209.00 2,665.00 1,785.00 1,493.00
Cash 15.04% 12.34% 11.27% 48.10% 43.21%
Gross Borrowings 9,699.00 8,823.00 7,654.00 1,951.00 2,085.00
Gross Gearing 40.74% 33.94% 32.38% 52.57% 60.35%
Borrowings Under 5 years 9,699.00 8,823.00 7,654.00 1,951.00 2,085.00
Under 5 years 40.74% 33.94% 32.38% 52.57% 60.35%
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-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shareholders' Funds exc Intangibles (9,340.00) (9,070.00) (8,084.00) (613.00) (966.00)
Net Borrowings £ (Millions) 6,119.00 5,614.00 4,989.00 166.00 592.00
Net Gearing (65.51%) (61.90%) (61.71%) (27.08%) (61.28%)
Cash & Near Cash 3,580.00 3,209.00 2,665.00 1,785.00 1,493.00
Cash (38.33%) (35.38%) (32.97%) (291.19%) (154.55%)
Gross Borrowings 9,699.00 8,823.00 7,654.00 1,951.00 2,085.00
Gross Gearing 103.84% 97.28% 94.68% 318.27% 215.84%
Borrowings Under 5 years 9,699.00 8,823.00 7,654.00 1,951.00 2,085.00
Under 5 years (103.84%) (97.28%) (94.68%) (318.27%) (215.84%)
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-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Quick Ratio n/a n/a n/a n/a n/a
Current Ratio 1.00 1.00 1.00 1.00 1.00

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.

 

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