Pershing Square Holdings Ltd NPV (USD) (PSHD)

$ 52.30
   
  • Change Today:
    $0.43
  • 52 Week High: $52.7
  • 52 Week Low: $33.2
  • Currency: US Dollars
  • Shares Issued: 215.90m
  • Volume: 1,551
  • Market Cap: $11,292m
  • RiskGrade: 140

Key Financials

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Growth Metrics 31-Dec-23 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Annualisation Factor 0.5 n/a 1.0 1.0 1.0
Dividend Yield 0.0% 1.0% 1.1% 2.1% 0.0%
           
Continuing Operations          
PE Ratio - Adjusted 337.3 3.3 1.9 2.0 n/a
PE Ratio - Diluted 337.3
3.7		 3.3
3.3		 1.9
1.9		 2.0
1.9		 n/a
n/a
PEG - Adjusted n/a n/a 0.0 n/a n/a
PEG - Diluted n/a
1.8		 n/a
n/a		 0.0
0.0		 n/a
n/a		 n/a
n/a
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 1,296.15%
1,296.15%		 2,289.16%
2,289.16%		 4,495.87%
4,495.87%		 2,577.61%
2,577.61%		 (35.28%)
(35.28%)
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 674.7 326.4 1.9 2.0 n/a
PE Ratio - Diluted 674.7
7.5		 326.4
326.3		 1.9
1.9		 2.0
1.9		 n/a
n/a
PEG - Adjusted n/a n/a 0.0 n/a n/a
PEG - Diluted n/a
0.0		 n/a
n/a		 0.0
0.0		 n/a
n/a		 n/a
n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing 31-Dec-23 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Net Gearing 3.51% 10.88% 2.69% 3.59% 21.78%

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Value Metrics 31-Dec-23 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Price/Book Value 0.8 0.7 0.8 0.7 0.7
Price/Tangible Book Value 0.8 0.7 0.8 0.7 0.7
Price/ Cash Flow 8.4 (8.8) 20.5 4.7 (4.7)
Price/Revenue 89.86 6,922.07 80.67 47.21 29.20
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 6,057.93¢ 5,729.78¢ 4,591.26¢ 2,597.11¢ 1,743.97¢
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-21 31-Dec-20 31-Dec-19 31-Dec-18
Continuing Operations          
Revenue 101.42 1.16 85.48 87.20 94.19
EBITDA 1,314.52
1,314.52		 26.54
26.54		 3,843.09
3,843.09		 2,247.68
2,247.68		 (33.23)
(33.23)
Depreciation n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Net Interest (52.75)
(52.75)		 (1.06)
(1.06)		 (83.48)
(83.48)		 (66.39)
(66.39)		 (60.28)
(60.28)
Profit Before Tax 1,275.95
1,275.95		 25.47
25.47		 3,759.61
3,759.61		 2,181.30
2,181.30		 (93.51)
(93.51)
           
Revenue per Share 50.93¢ 0.58¢ 43.35¢ 40.67¢ 43.84¢
Pre-Tax Profit per Share 640.79¢
640.79¢		 12.79¢
12.79¢		 1,906.80¢
1,906.80¢		 1,017.38¢
1,017.38¢		 (43.52¢)
(43.52¢)
Market Capitalisation $ (Millions) 9,113.76 8,024.57 6,964.25 4,050.37 2,772.69
Enterprise Value (EV) $ (Millions) 12,123.18 11,033.99 9,087.04 5,473.25 3,790.10
EBITDA/EV 10.84%
10.84%		 0.24%
0.24%		 42.29%
42.29%		 41.07%
41.07%		 (0.88%)
(0.88%)
Operating Margin 1,296.15%
1,296.15%		 2,289.16%
2,289.16%		 4,495.87%
4,495.87%		 2,577.61%
2,577.61%		 (35.28%)
(35.28%)
Capital Employed $ (Millions) 14,499.35 14,530.16 11,227.77 7,004.67 4,764.32
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) 12,174.15 11,520.74 9,104.98 5,581.79 3,746.91
           
Earnings per Share - Basic 13.57¢
1,248.52¢		 1,223.00¢
1,223.53¢		 1,812.00¢
1,875.99¢		 978.00¢
1,002.37¢		 (43.00¢)
(50.80¢)
Earnings per Share - Diluted 13.57¢
1,248.52¢		 1,223.00¢
1,223.53¢		 1,812.00¢
1,875.99¢		 978.00¢
1,002.37¢		 (43.00¢)
(50.80¢)
Earnings per Share - Adjusted 13.57¢ 1,223.00¢ 1,812.00¢ 978.00¢ (43.00)¢
Earnings per Share Growth - Basic -99%
2%		 -32%
-35%		 85%
87%		 n/a
n/a		 n/a
n/a
Earnings per Share Growth - Diluted -99%
2%		 -32%
-35%		 85%
87%		 n/a
n/a		 n/a
n/a
Earnings per Share Growth - Adjusted -99% -32% 85% n/a n/a
PE Ratio - Diluted 337.3
3.7		 3.3
3.3		 1.9
1.9		 2.0
1.9		 n/a
n/a
PEG - Diluted n/a
1.8		 n/a
n/a		 0.0
0.0		 n/a
n/a		 n/a
n/a
Tax Rate 3.42% 3.46% 1.62% 1.48% (16.71%)
Dividend Cover 25.19
2,318.12		 30.57
30.59		 45.30
46.90		 24.45
25.06		 n/a
n/a
Interest Cover 25.19
25.19		 24.92
24.92		 46.03
46.03		 33.86
33.86		 (0.55)
(0.55)
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 6.78¢
611.77¢		 12.35¢
12.35¢		 1,812.00¢
1,875.99¢		 978.00¢
1,002.35¢		 (43.00¢)
(50.80¢)
Earnings per Share - Diluted 6.78¢
611.77¢		 12.35¢
12.35¢		 1,812.00¢
1,875.99¢		 978.00¢
1,002.35¢		 (43.00¢)
(50.80¢)
Earnings per Share - Adjusted 6.78¢ 12.35¢ 1,812.00¢ 978.00¢ (43.00¢)
Earnings per Share Growth - Basic -45%
4,853%		 -99%
-99%		 85%
87%		 n/a
n/a		 n/a
n/a
Earnings per Share Growth - Diluted -45%
4,853%		 -99%
-99%		 85%
87%		 n/a
n/a		 n/a
n/a
Earnings per Share Growth - Adjusted -45% -99% 85% n/a n/a
PE Ratio - Diluted 674.7
7.5		 326.4
326.3		 1.9
1.9		 2.0
1.9		 n/a
n/a
PEG - Diluted n/a
0.0		 n/a
n/a		 0.0
0.0		 n/a
n/a		 n/a
n/a
Dividend Cover 12.60
1,135.87		 0.31
0.31		 45.30
46.90		 24.45
25.06		 n/a
n/a
Return on Equity (ROE) 10.01%
10.01%		 0.21%
0.21%		 40.62%
40.62%		 38.50%
38.50%		 (2.91%)
(2.91%)
Operating Cash Flow per Share 5.59¢ (459.16¢) 170.70¢ 411.75¢ n/a
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share 196.23¢ (0.57¢) 333.11¢ 476.49¢ (409.99¢)
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 0.54¢ 40.00¢ 40.00¢ 40.00¢ n/a
Dividend per Share Growth (98.65%) n/a n/a n/a n/a
Dividend Yield 0.0% 1.0% 1.1% 2.1% 0.0%
Shareholders Funds 12,062.61 11,409.20 9,052.54 5,568.28 3,746.91
Net Borrowings $ (Millions) 1,080.50 1,241.64 243.15 200.04 816.17
Net Asset Value per Share (inc. Intangibles) 6,057.93¢ 5,729.78¢ 4,591.26¢ 2,597.11¢ 1,743.97¢

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing - inc Intangibles 31-Dec-23 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Shareholders' Funds inc Intangibles 12,062.61 11,409.20 9,052.54 5,568.28 3,746.91
Net Borrowings $ (Millions) 1,080.50 1,241.64 243.15 200.04 816.17
Net Gearing 3.51% 10.88% 2.69% 3.59% 21.78%
Cash & Near Cash 1,928.92 1,767.78 1,879.64 1,222.85 201.25
Cash 15.99% 15.49% 20.76% 21.96% 5.37%
Gross Borrowings 3,009.42 3,009.42 2,122.79 1,422.88 1,017.41
Gross Gearing 19.50% 26.38% 23.45% 25.55% 27.15%
Borrowings Under 5 years 3,009.42 3,009.42 2,122.79 1,422.88 1,017.41
Under 5 years 24.95% 26.38% 23.45% 25.55% 27.15%
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-21 31-Dec-20 31-Dec-19 31-Dec-18
Shareholders' Funds exc Intangibles 12,062.61 11,409.20 9,052.54 5,568.28 3,746.91
Net Borrowings $ (Millions) 1,080.50 1,241.64 243.15 200.04 816.17
Net Gearing 3.51% 10.88% 2.69% 3.59% 21.78%
Cash & Near Cash 1,928.92 1,767.78 1,879.64 1,222.85 201.25
Cash 15.99% 15.49% 20.76% 21.96% 5.37%
Gross Borrowings 3,009.42 3,009.42 2,122.79 1,422.88 1,017.41
Gross Gearing 19.50% 26.38% 23.45% 25.55% 27.15%
Borrowings Under 5 years 3,009.42 3,009.42 2,122.79 1,422.88 1,017.41
Under 5 years 24.95% 26.38% 23.45% 25.55% 27.15%
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-21 31-Dec-20 31-Dec-19 31-Dec-18
Quick Ratio n/a n/a n/a n/a n/a
Current Ratio n/a n/a n/a 29.56 514.60

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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