£ (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 | 7.7% | 5.1% | 4.3% | 0.0% | 0.8% |
Continuing Operations | |||||
PE Ratio - Adjusted | 4.5 | 7.3 | 10.6 | n/a | 9.2 |
PE Ratio - Diluted | 4.5 4.3 |
7.3 7.3 |
10.6 10.6 |
n/a n/a |
9.3 8.2 |
PEG - Adjusted | 0.1 | 0.1 | n/a | n/a | 0.1 |
PEG - Diluted | 0.1 0.1 |
0.1 0.1 |
n/a n/a |
n/a n/a |
0.1 0.1 |
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 | 41.88% 41.88% |
39.01% 39.01% |
36.86% 36.86% |
(4.58%) (4.58%) |
29.69% 29.69% |
Continuing & Discontinued Operations | |||||
PE Ratio - Adjusted | 4.6 | 7.8 | 882.0 | n/a | 9.2 |
PE Ratio - Diluted | 4.6 4.4 |
7.9 7.9 |
885.3 884.6 |
n/a n/a |
9.3 8.2 |
PEG - Adjusted | 0.1 | 0.0 | n/a | n/a | 0.0 |
PEG - Diluted | 0.1 0.1 |
0.0 0.0 |
n/a n/a |
n/a n/a |
0.0 0.0 |
£ (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 | 0.7 | 0.9 | 0.7 | 0.6 | 0.8 |
Price/Tangible Book Value | 0.7 | 0.9 | 0.7 | 0.6 | 0.8 |
Price/ Cash Flow | (1.2) | (0.6) | 0.5 | 0.8 | (10.1) |
Price/Revenue | 1.36 | 1.99 | 249.18 | 2.08 | 2.19 |
Price/R&D | n/a | n/a | n/a | n/a | n/a |
Net Asset Value per Share (exc. Intangibles) | 322.72p | 297.61p | 325.06p | 307.31p | 306.07p |
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 | 14,752.00 | 13,156.00 | 105.27 | 10,508.00 | 14,253.00 |
Profit Before Tax | 6,178.00 6,178.00 |
5,132.00 5,132.00 |
38.80 38.80 |
(481.00) (481.00) |
4,232.00 4,232.00 |
Revenue per Share | 160.98p | 133.27p | 0.97p | 86.88p | 118.12p |
Pre-Tax Profit per Share | 67.42p 67.42p |
51.98p 51.98p |
0.36p 0.36p |
(3.98p) (3.98p) |
35.07p 35.07p |
Market Capitalisation £ (Millions) | 21,244.50 | 27,949.43 | 27,874.30 | 21.90 | 31.30 |
Operating Margin | 41.88% 41.88% |
39.01% 39.01% |
36.86% 36.86% |
(4.58%) (4.58%) |
29.69% 29.69% |
Capital Employed £ (Millions) | 35,288.00 | 35,640.00 | 43,509.00 | 47,131.00 | 46,913.00 |
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) | 37,157.00 | 36,488.00 | 41,796.00 | 43,860.00 | 43,547.00 |
Earnings per Share - Basic | 49.20p 51.81p |
36.50p 36.49p |
23.00p 23.04p |
(0.078p) (4.59p) |
28.00p 31.49p |
Earnings per Share - Diluted | 48.90p 51.50p |
36.20p 36.28p |
22.90p 22.94p |
(0.078p) (4.59p) |
27.89p 31.40p |
Earnings per Share - Adjusted | 49.20p | 36.50p | 23.00p | (0.08)p | 28.00p |
Earnings per Share Growth - Basic | 35% 42% |
59% 58% |
n/a n/a |
n/a n/a |
93% 75% |
Earnings per Share Growth - Diluted | 35% 42% |
58% 58% |
n/a n/a |
n/a n/a |
93% 75% |
Earnings per Share Growth - Adjusted | 35% | 59% | n/a | n/a | 93% |
PE Ratio - Diluted | 4.5 4.3 |
7.3 7.3 |
10.6 10.6 |
n/a n/a |
9.3 8.2 |
PEG - Diluted | 0.1 0.1 |
0.1 0.1 |
n/a n/a |
n/a n/a |
0.1 0.1 |
Tax Rate | 23.21% | 24.84% | 25.91% | (15.38%) | 10.21% |
Dividend Cover | 2.89 3.05 |
2.70 2.70 |
2.19 2.19 |
(2.40) (140.71) |
13.00 14.62 |
Continuing & Discontinued Operations | |||||
Earnings per Share - Basic | 47.90p 50.59p |
33.80p 33.83p |
0.28p 0.28p |
(0.067p) (3.59p) |
28.00p 31.49p |
Earnings per Share - Diluted | 47.70p 50.29p |
33.60p 33.64p |
0.28p 0.28p |
(0.067p) (3.59p) |
27.89p 31.40p |
Earnings per Share - Adjusted | 47.90p | 33.80p | 0.28p | (0.067p) | 28.00p |
Earnings per Share Growth - Basic | 42% 50% |
12,165% 12,162% |
n/a n/a |
n/a n/a |
671% 601% |
Earnings per Share Growth - Diluted | 42% 50% |
12,138% 12,142% |
n/a n/a |
n/a n/a |
674% 602% |
Earnings per Share Growth - Adjusted | 42% | 12,165% | n/a | n/a | 671% |
PE Ratio - Diluted | 4.6 4.4 |
7.9 7.9 |
885.3 884.6 |
n/a n/a |
9.3 8.2 |
PEG - Diluted | 0.1 0.1 |
0.0 0.0 |
n/a n/a |
n/a n/a |
0.0 0.0 |
Dividend Cover | 2.82 2.98 |
2.50 2.51 |
0.03 0.03 |
(2.07) (110.03) |
13.00 14.62 |
Return on Equity (ROE) | 12.48% 12.48% |
9.15% 9.15% |
0.07% 0.07% |
(0.99%) (0.99%) |
8.73% 8.73% |
Operating Cash Flow per Share | (190.29p) | (441.62p) | 497.44p | 2.43p | (25.52p) |
Gross Cash Flow per Share | cn/a | cn/a | cn/a | cn/a | cn/a |
Cash Incr/Decr per Share | (432.40p) | (326.75p) | 4.82p | 319.23p | (69.18p) |
Dividend per Share | 17.00p | 13.50p | 10.50p | 0.033p | 2.15p |
Dividend per Share Growth | 25.93% | 28.57% | 32,097.95% | (98.49%) | (63.64%) |
Dividend Yield | 7.7% | 5.1% | 4.3% | 0.0% | 0.8% |
Shareholders Funds | 37,157.00 | 36,488.00 | 41,796.00 | 43,860.00 | 43,547.00 |
Net Borrowings £ (Millions) | 5,714.00 | 6,260.00 | 8,429.00 | (114,527.00) | (71,014.00) |
Net Asset Value per Share (inc. Intangibles) | 322.38p | 297.53p | 324.99p | 307.61p | 306.00p |
* 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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