$ (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 | 5.9% | 6.7% | 12.8% | 6.7% | 6.7% |
Continuing Operations | |||||
PE Ratio - Adjusted | 10.2 | 8.9 | 4.7 | 9.0 | 9.0 |
PE Ratio - Diluted | 12.0 10.3 |
9.7 9.8 |
4.8 4.7 |
11.6 10.1 |
11.7 11.6 |
PEG - Adjusted | n/a | n/a | 0.1 | 0.4 | 0.4 |
PEG - Diluted | n/a n/a |
n/a n/a |
0.0 0.1 |
0.5 0.3 |
n/a n/a |
Return on Capital Employed | 22.13% 22.81% |
31.19% 28.46% |
0.36% 0.37% |
19.07% 20.80% |
15.51% 15.68% |
Operating Margin | 25.06% 27.10% |
32.47% 32.54% |
47.20% 47.65% |
34.79% 37.96% |
26.35% 26.63% |
Continuing & Discontinued Operations | |||||
PE Ratio - Adjusted | 10.2 | 8.9 | 466.4 | 9.0 | 9.0 |
PE Ratio - Diluted | 12.0 10.3 |
9.7 9.7 |
475.8 469.4 |
11.6 10.1 |
11.7 11.6 |
PEG - Adjusted | n/a | 0.0 | n/a | 0.4 | 0.1 |
PEG - Diluted | n/a n/a |
0.0 0.0 |
n/a n/a |
0.5 0.3 |
0.5 0.1 |
$ (Millions) | $ (Millions) | $ (Millions) | $ (Millions) | $ (Millions) | |
Gearing | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 |
Net Gearing | 8.57% | 10.85% | 1.41% | 7.72% | 16.50% |
$ (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 | n/a | n/a | n/a | n/a | n/a |
Price/Tangible Book Value | n/a | n/a | n/a | n/a | n/a |
Price/ Cash Flow | n/a | n/a | n/a | n/a | n/a |
Price/Revenue | n/a | n/a | n/a | n/a | n/a |
Price/R&D | n/a | n/a | n/a | n/a | n/a |
Net Asset Value per Share (exc. Intangibles) | 3,154.99¢ | 2,980.00¢ | 3,267.36¢ | 2,980.22¢ | 2,557.08¢ |
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 | 54,041.00 | 55,554.00 | 640.92 | 44,611.00 | 43,165.00 |
EBITDA | 18,875.00 19,977.00 |
23,051.00 23,086.00 |
349.93 352.82 |
19,797.00 21,212.00 |
11,373.00 11,495.00 |
Depreciation | (5,334.00) (5,334.00) |
(5,010.00) (5,010.00) |
(47.41) (47.41) |
(4,279.00) (4,279.00) |
n/a n/a |
Net Interest | (431.00) (431.00) |
(156.00) (156.00) |
(1.81) (1.81) |
(127.00) (127.00) |
(254.00) (254.00) |
Profit Before Tax | 13,785.00 15,539.00 |
18,662.00 18,560.00 |
311.23 314.12 |
15,391.00 16,806.00 |
11,119.00 11,241.00 |
Revenue per Share | 3,332.98¢ | 3,429.68¢ | 39.60¢ | 2,758.19¢ | 2,648.00¢ |
Pre-Tax Profit per Share | 850.19¢ 958.37¢ |
1,152.12¢ 1,145.82¢ |
19.23¢ 19.41¢ |
951.59¢ 1,039.08¢ |
682.11¢ 689.59¢ |
Market Capitalisation $ (Millions) | 95,055.30 | 94,336.65 | 61,433.49 | 68,689.85 | 56,708.30 |
Enterprise Value (EV) $ (Millions) | 109,292.30 | 106,260.65 | 72,349.49 | 79,791.85 | 68,635.30 |
EBITDA/EV | 17.27% 18.28% |
21.69% 21.73% |
0.48% 0.49% |
24.81% 26.58% |
16.57% 16.75% |
Operating Margin | 25.06% 27.10% |
32.47% 32.54% |
47.20% 47.65% |
34.79% 37.96% |
26.35% 26.63% |
Capital Employed $ (Millions) | 70,022.00 | 65,754.00 | 85,843.00 | 81,392.00 | 73,320.00 |
Return on Capital Employed | 22.13% 22.81% |
31.19% 28.46% |
0.36% 0.37% |
19.07% 20.80% |
15.51% 15.68% |
Invested Equity Capital $ (Millions) | 59,101.00 | 55,847.00 | 70,865.00 | 66,229.00 | 57,456.00 |
Earnings per Share - Basic | 620.30¢ 728.51¢ |
765.00¢ 758.74¢ |
1,303.40¢ 1,321.06¢ |
604.00¢ 691.48¢ |
491.40¢ 498.87¢ |
Earnings per Share - Diluted | 616.50¢ 724.00¢ |
760.40¢ 754.17¢ |
1,295.00¢ 1,312.54¢ |
599.80¢ 686.73¢ |
487.80¢ 495.22¢ |
Earnings per Share - Adjusted | 725.00¢ | 824.70¢ | 1,321.10¢ | 769.60¢ | 636.30¢ |
Earnings per Share Growth - Basic | -19% -4% |
-41% -43% |
116% 91% |
23% 39% |
-38% -6% |
Earnings per Share Growth - Diluted | -19% -4% |
-41% -42% |
116% 91% |
23% 39% |
-38% -7% |
Earnings per Share Growth - Adjusted | -12% | -38% | 72% | 21% | 24% |
PE Ratio - Diluted | 12.0 10.3 |
9.7 9.8 |
4.8 4.7 |
11.6 10.1 |
11.7 11.6 |
PEG - Diluted | n/a n/a |
n/a n/a |
0.0 0.1 |
0.5 0.3 |
n/a n/a |
Tax Rate | 29.23% | 31.39% | 27.72% | 32.43% | 37.30% |
Dividend Cover | 1.67 1.67 |
1.68 1.54 |
1.67 1.67 |
1.66 1.49 |
1.67 1.31 |
Interest Cover | 15.26 17.07 |
56.71 56.40 |
127.88 129.06 |
58.43 63.71 |
21.07 21.29 |
Continuing & Discontinued Operations | |||||
Earnings per Share - Basic | 620.30¢ 728.51¢ |
765.00¢ 767.19¢ |
13.16¢ 13.34¢ |
604.00¢ 691.48¢ |
491.40¢ 498.87¢ |
Earnings per Share - Diluted | 616.50¢ 724.00¢ |
760.40¢ 762.58¢ |
13.07¢ 13.25¢ |
599.80¢ 686.73¢ |
487.80¢ 495.22¢ |
Earnings per Share - Adjusted | 725.00¢ | 824.70¢ | 13.34¢ | 769.60¢ | 636.30¢ |
Earnings per Share Growth - Basic | -19% -5% |
5,715% 5,653% |
-98% -98% |
23% 39% |
24% 87% |
Earnings per Share Growth - Diluted | -19% -5% |
5,717% 5,656% |
-98% -98% |
23% 39% |
24% 87% |
Earnings per Share Growth - Adjusted | -12% | 6,084% | -98% | 21% | 148% |
PE Ratio - Diluted | 12.0 10.3 |
9.7 9.7 |
475.8 469.4 |
11.6 10.1 |
11.7 11.6 |
PEG - Diluted | n/a n/a |
0.0 0.0 |
n/a n/a |
0.5 0.3 |
0.5 0.1 |
Dividend Cover | 1.67 1.67 |
1.68 1.56 |
0.02 0.02 |
1.66 1.49 |
1.67 1.31 |
Return on Equity (ROE) | 17.02% 19.99% |
22.19% 22.25% |
0.30% 0.30% |
14.75% 16.89% |
13.94% 14.15% |
Operating Cash Flow per Share | 934.99¢ | 996.05¢ | 1,566.05¢ | 0.98¢ | 914.79¢ |
Gross Cash Flow per Share | cn/a | cn/a | cn/a | cn/a | cn/a |
Cash Incr/Decr per Share | 178.73¢ | (372.33¢) | 1.51¢ | 0.15¢ | (175.57¢) |
Capital Expenditure per Share | n/a | n/a | n/a | n/a | n/a |
Dividend per Share | 435.00¢ | 492.00¢ | 793.00¢ | 464.00¢ | 382.00¢ |
Dividend per Share Growth | (11.59%) | (37.96%) | 70.91% | 21.47% | 24.43% |
Dividend Yield | 5.9% | 6.7% | 12.8% | 6.7% | 6.7% |
Shareholders Funds | 54,586.00 | 50,634.00 | 51,432.00 | 47,054.00 | 40,532.00 |
Net Borrowings $ (Millions) | 4,679.00 | 5,496.00 | 724.00 | 3,634.00 | 6,686.00 |
Net Asset Value per Share (inc. Intangibles) | 3,046.75¢ | 2,849.92¢ | 2,948.65¢ | 2,680.41¢ | 2,268.14¢ |
$ (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 | 54,586.00 | 50,634.00 | 51,432.00 | 47,054.00 | 40,532.00 |
Net Borrowings $ (Millions) | 4,679.00 | 5,496.00 | 724.00 | 3,634.00 | 6,686.00 |
Net Gearing | 8.57% | 10.85% | 1.41% | 7.72% | 16.50% |
Cash & Near Cash | 9,673.00 | 6,775.00 | 12,807.00 | 10,381.00 | 8,027.00 |
Cash | 17.72% | 13.38% | 24.90% | 22.06% | 19.80% |
Gross Borrowings | 14,352.00 | 12,271.00 | 13,531.00 | 14,015.00 | 14,713.00 |
Gross Gearing | 26.29% | 24.23% | 26.31% | 29.78% | 36.30% |
Borrowings Under 5 years | 14,352.00 | 12,271.00 | 13,531.00 | 14,015.00 | 14,713.00 |
Under 5 years | 26.29% | 24.23% | 26.31% | 29.78% | 36.30% |
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 | 49,400.00 | 46,163.00 | 47,721.00 | 43,353.00 | 36,973.00 |
Net Borrowings $ (Millions) | 4,679.00 | 5,496.00 | 724.00 | 3,634.00 | 6,686.00 |
Net Gearing | 9.47% | 11.91% | 1.52% | 8.38% | 18.08% |
Cash & Near Cash | 9,673.00 | 6,775.00 | 12,807.00 | 10,381.00 | 8,027.00 |
Cash | 19.58% | 14.68% | 26.84% | 23.95% | 21.71% |
Gross Borrowings | 14,352.00 | 12,271.00 | 13,531.00 | 14,015.00 | 14,713.00 |
Gross Gearing | 29.05% | 26.58% | 28.35% | 32.33% | 39.79% |
Borrowings Under 5 years | 14,352.00 | 12,271.00 | 13,531.00 | 14,015.00 | 14,713.00 |
Under 5 years | 29.05% | 26.58% | 28.35% | 32.33% | 39.79% |
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 | 1.17 | 1.10 | 1.50 | 1.46 | 1.24 |
Current Ratio | 1.69 | 1.64 | 1.93 | 1.80 | 1.56 |
* 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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