Softcat (SCT)

Sector:

IT Services

Index:

FTSE 250

1,589.00p
   
  • Change Today:
    -16.00p
  • 52 Week High: 1,634.00
  • 52 Week Low: 1,212.00
  • Currency: UK Pounds
  • Shares Issued: 199.75m
  • Volume: 189,004
  • Market Cap: £3,174.03m
  • RiskGrade: 559

Key Financials

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Growth Metrics 31-Jul-23 31-Jul-22 31-Jul-21 31-Jul-20 31-Jul-19
Annualisation Factor 1.0 1.0 n/a 1.0 1.0
Dividend Yield 1.1% 1.6% 1.1% 1.3% 1.6%
           
Continuing Operations          
PE Ratio - Adjusted 26.7 25.1 39.9 33.0 27.6
PE Ratio - Diluted 26.8
26.8		 25.2
25.3		 40.1
40.1		 33.2
33.2		 27.8
27.7
PEG - Adjusted 26.7 1.7 1.5 3.3 n/a
PEG - Diluted 26.8
26.8		 1.7
1.8		 1.5
1.5		 3.0
3.3		 n/a
n/a
Return on Capital Employed 56,732.89%
56,732.50%		 64.90%
64.90%		 0.66%
0.66%		 62.79%
62.79%		 73.37%
73.37%
Operating Margin 14.30%
14.30%		 n/a
n/a		 15.23%
15.23%		 8.70%
8.70%		 8.52%
8.52%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 26.7 25.1 3,956.6 33.0 27.6
PE Ratio - Diluted 26.8
26.8		 25.2
25.3		 3,973.0
3,970.8		 33.2
33.2		 27.8
27.7
PEG - Adjusted 26.7 0.0 n/a 3.3 n/a
PEG - Diluted 26.8
26.8		 0.0
0.0		 n/a
n/a		 3.0
3.3		 n/a
n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing 31-Jul-23 31-Jul-22 31-Jul-21 31-Jul-20 31-Jul-19
Net Gearing (46.47%) (42.94%) (52.15%) (49.95%) n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Value Metrics 31-Jul-23 31-Jul-22 31-Jul-21 31-Jul-20 31-Jul-19
Price/Book Value 12.2 13.7 22.1 17.9 16.4
Price/Tangible Book Value 12.2 13.7 22.1 17.9 16.4
Price/ Cash Flow 28.5 33.2 42.1 38.9 29.2
Price/Revenue 3.03 n/a 484.97 2.32 1.90
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 122.61p 102.08p 87.60p 70.38p 58.26p
Net Cash per Share n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Annualised Fundamentals 31-Jul-23 31-Jul-22 31-Jul-21 31-Jul-20 31-Jul-19
Continuing Operations          
Revenue 985.30 10,773,946.00 7.91 1,077.13 991.85
EBITDA 147.02
147.02		 140.67
140.67		 1.25
1.25		 97.32
97.32		 86.01
86.01
Depreciation (6.12)
(6.12)		 (4.53)
(4.53)		 (0.05)
(0.05)		 (3.58)
(3.58)		 (1.52)
(1.52)
Net Interest 0.97
0.97		 n/a
n/a		 n/a
n/a		 (0.12)
(0.12)		 0.33
0.33
Profit Before Tax 141,864.00
141,864.00		 136.14
136.14		 1.20
1.20		 93.62
93.62		 84.82
84.82
           
Revenue per Share 494.54p 5,414,696.30p 3.99p 543.65p 501.84p
Pre-Tax Profit per Share 71,203.64p
71,203.64p		 68.42p
68.42p		 0.60p
0.60p		 47.25p
47.25p		 42.92p
42.92p
Market Capitalisation £ (Millions) 2,993.33 2,780.99 3,847.48 2,505.34 1,891.31
Enterprise Value (EV) £ (Millions) 2,999.09 2,787.66 3,855.78 2,514.55 1,891.31
EBITDA/EV 4.90%
4.90%		 5.05%
5.05%		 0.03%
0.03%		 3.87%
3.87%		 4.55%
4.55%
Operating Margin 14.30%
14.30%		 n/a
n/a		 15.23%
15.23%		 8.70%
8.70%		 8.52%
8.52%
Capital Employed £ (Millions) 250.06 209.79 182.24 149.28 115.15
Return on Capital Employed 56,732.89%
56,732.50%		 64.90%
64.90%		 0.66%
0.66%		 62.79%
62.79%		 73.37%
73.37%
Invested Equity Capital £ (Millions) 251.45 211.10 179.14 140.75 115.39
           
Earnings per Share - Basic 56.20p
56.23p		 55.50p
55.49p		 48.40p
48.44p		 38.20p
38.19p		 34.60p
34.64p
Earnings per Share - Diluted 56.00p
55.97p		 55.30p
55.24p		 48.20p
48.23p		 38.00p
38.00p		 34.30p
34.43p
Earnings per Share - Adjusted 56.20p 55.50p 48.40p 38.20p 34.60p
Earnings per Share Growth - Basic 1%
1%		 15%
14%		 27%
27%		 10%
10%		 n/a
n/a
Earnings per Share Growth - Diluted 1%
1%		 15%
14%		 27%
27%		 11%
10%		 n/a
n/a
Earnings per Share Growth - Adjusted 1% 15% 27% 10% n/a
PE Ratio - Diluted 26.8
26.8		 25.2
25.3		 40.1
40.1		 33.2
33.2		 27.8
27.7
PEG - Diluted 26.8
26.8		 1.7
1.8		 1.5
1.5		 3.0
3.3		 n/a
n/a
Tax Rate 0.02% 18.91% 19.15% 19.18% 19.29%
Dividend Cover 3.31
3.31		 2.41
2.41		 2.33
2.33		 2.30
2.30		 2.32
2.32
Interest Cover 692,020.51
692,020.51		 539.12
539.12		 250.41
250.41		 297.26
297.26		 n/a
n/a
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 56.20p
56.23p		 55.50p
55.49p		 0.49p
0.49p		 38.20p
38.19p		 34.60p
34.64p
Earnings per Share - Diluted 56.00p
55.97p		 55.30p
55.24p		 0.49p
0.49p		 38.00p
38.00p		 34.30p
34.43p
Earnings per Share - Adjusted 56.20p 55.50p 0.49p 38.20p 34.60p
Earnings per Share Growth - Basic 1%
1%		 11,260%
11,248%		 -99%
-99%		 10%
10%		 n/a
n/a
Earnings per Share Growth - Diluted 1%
1%		 11,266%
11,248%		 -99%
-99%		 11%
10%		 n/a
n/a
Earnings per Share Growth - Adjusted 1% 11,260% -99% 10% n/a
PE Ratio - Diluted 26.8
26.8		 25.2
25.3		 3,973.0
3,970.8		 33.2
33.2		 27.8
27.7
PEG - Diluted 26.8
26.8		 0.0
0.0		 n/a
n/a		 3.0
3.3		 n/a
n/a
Dividend Cover 3.31
3.31		 2.41
2.41		 0.02
0.02		 2.30
2.30		 2.32
2.32
Return on Equity (ROE) 44.55%
44.55%		 52.30%
52.30%		 0.54%
0.54%		 53.76%
53.76%		 59.33%
59.33%
Operating Cash Flow per Share 52.60p 42.04p 45.96p 32.39p 32.72p
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share 12.80p (2.46p) 0.11p 0.44p 3.25p
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 17.00p 23.00p 20.80p 16.60p 14.90p
Dividend per Share Growth (26.09%) 10.58% 25.30% 11.41% n/a
Dividend Yield 1.1% 1.6% 1.1% 1.3% 1.6%
Shareholders Funds 251.45 211.10 179.14 140.75 115.39
Net Borrowings £ (Millions) (116.86) (90.65) (93.42) (70.30) (79.26)
Net Asset Value per Share (inc. Intangibles) 122.61p 102.08p 87.60p 70.38p 58.26p

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-Jul-23 31-Jul-22 31-Jul-21 31-Jul-20 31-Jul-19
Shareholders' Funds inc Intangibles 251.45 211.10 179.14 140.75 115.39
Net Borrowings £ (Millions) (116.86) (90.65) (93.42) (70.30) (79.26)
Net Gearing (46.47%) (42.94%) (52.15%) (49.95%) n/a
Cash & Near Cash 122.62 97.32 101.72 80.14 79.26
Cash 48.77% 46.10% 56.78% 56.94% 68.69%
Gross Borrowings 5.77 6.67 8.30 9.84 n/a
Gross Gearing 2.29% 3.16% 4.63% 6.99% n/a
Borrowings Under 5 years 5.77 6.67 8.30 9.84 n/a
Under 5 years 2.29% 3.16% 4.63% 6.99% n/a
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-Jul-23 31-Jul-22 31-Jul-21 31-Jul-20 31-Jul-19
Shareholders' Funds exc Intangibles 244.29 203.12 173.94 139.45 115.15
Net Borrowings £ (Millions) (116.86) (90.65) (93.42) (70.30) (79.26)
Net Gearing (47.83%) (44.63%) (53.71%) (50.41%) n/a
Cash & Near Cash 122.62 97.32 101.72 80.14 79.26
Cash 50.19% 47.91% 58.48% 57.47% 68.83%
Gross Borrowings 5.77 6.67 8.30 9.84 n/a
Gross Gearing 2.36% 3.28% 4.77% 7.06% n/a
Borrowings Under 5 years 5.77 6.67 8.30 9.84 n/a
Under 5 years 2.36% 3.28% 4.77% 7.06% n/a
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-Jul-23 31-Jul-22 31-Jul-21 31-Jul-20 31-Jul-19
Quick Ratio 1.59 1.41 1.40 1.41 1.36
Current Ratio 1.60 1.42 1.52 1.45 1.40

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.

 

Top of Page