£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Growth Metrics | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 31-Dec-18 |
Annualisation Factor | 1.0 | n/a | 1.0 | 1.0 | 0.2 |
Dividend Yield | 0.0% | 7.5% | 2.6% | 1.1% | 3.7% |
Continuing Operations | |||||
PE Ratio - Adjusted | n/a | 5.3 | 15.6 | 14.0 | 10.9 |
PE Ratio - Diluted | n/a 30.6 |
8.8 39.4 |
642.3 160.1 |
16.5 107.1 |
12.2 92.7 |
PEG - Adjusted | n/a | 0.0 | 1.1 | n/a | 0.2 |
PEG - Diluted | n/a n/a |
0.0 0.2 |
n/a n/a |
n/a n/a |
0.1 1.3 |
Return on Capital Employed | n/a 9.24% |
0.30% 0.38% |
11.12% 31.14% |
26.03% 26.71% |
7.31% 7.40% |
Operating Margin | (0.88%) 5.05% |
12.59% 17.05% |
3.48% 9.88% |
6.89% 8.41% |
7.93% 7.74% |
Continuing & Discontinued Operations | |||||
PE Ratio - Adjusted | n/a | 526.4 | 15.6 | 14.0 | 43.6 |
PE Ratio - Diluted | n/a 33.5 |
823.0 3,775.1 |
642.3 160.1 |
16.5 97.8 |
49.0 373.0 |
PEG - Adjusted | n/a | n/a | 1.1 | 0.1 | n/a |
PEG - Diluted | n/a 0.0 |
n/a n/a |
n/a n/a |
0.1 0.3 |
n/a n/a |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Gearing | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 31-Dec-18 |
Net Gearing | 105.25% | 15.47% | 84.10% | 3.26% | 46.13% |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Value Metrics | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 31-Dec-18 |
Price/Book Value | (144.7) | 51.2 | (57.9) | 38.4 | 120.4 |
Price/Tangible Book Value | (102.8) | 54.2 | (55.0) | 41.6 | 168.1 |
Price/ Cash Flow | 37.1 | 46.5 | 75.3 | 67.5 | 91.8 |
Price/Revenue | 2.13 | 596.24 | 8.56 | 7.03 | 22.12 |
Price/R&D | n/a | n/a | n/a | n/a | n/a |
Net Asset Value per Share (exc. Intangibles) | (7.34p) | 57.46p | (57.17p) | 67.95p | 20.41p |
Net Cash per Share | n/a | n/a | n/a | n/a | n/a |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Annualised Fundamentals | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 31-Dec-18 |
Continuing Operations | |||||
Revenue | 2,332.30 | 21.34 | 1,644.20 | 1,459.10 | 404.45 |
EBITDA | 73.40 211.60 |
3.41 4.36 |
157.90 263.10 |
100.50 122.70 |
45.87 45.12 |
Depreciation | (93.90) (93.90) |
(0.72) (0.72) |
(100.70) (100.70) |
n/a n/a |
(13.82) (13.82) |
Net Interest | (20.70) (20.70) |
0.06 0.06 |
(38.10) (38.10) |
n/a n/a |
(2.10) (2.10) |
Profit Before Tax | (34.20) 104.00 |
2.75 3.82 |
20.30 125.50 |
100.50 113.50 |
30.05 29.30 |
Revenue per Share | 499.09p | 4.94p | 387.01p | 370.94p | 111.12p |
Pre-Tax Profit per Share | (7.32p) 22.25p |
0.64p 0.88p |
4.78p 29.54p |
25.55p 28.86p |
8.26p 8.05p |
Market Capitalisation £ (Millions) | 4,963.95 | 13,755.84 | 14,070.04 | 11,072.02 | 8,352.55 |
Enterprise Value (EV) £ (Millions) | 6,004.85 | 14,415.64 | 14,787.64 | 11,191.92 | 8,663.45 |
EBITDA/EV | 1.22% 3.52% |
0.02% 0.03% |
1.07% 1.78% |
0.90% 1.10% |
0.53% 0.52% |
Operating Margin | (0.88%) 5.05% |
12.59% 17.05% |
3.48% 9.88% |
6.89% 8.41% |
7.93% 7.74% |
Capital Employed £ (Millions) | 1,349.00 | 986.90 | 525.30 | 424.90 | 424.30 |
Return on Capital Employed | n/a 9.24% |
0.30% 0.38% |
11.12% 31.14% |
26.03% 26.71% |
7.31% 7.40% |
Invested Equity Capital £ (Millions) | 1,102.20 | 1,094.80 | 664.20 | 682.20 | 503.00 |
Earnings per Share - Basic | (213.61p) 34.82p |
336.63p 75.00p |
5.16p 20.81p |
158.37p 24.46p |
202.16p 26.65p |
Earnings per Share - Diluted | (213.61p) 34.74p |
335.89p 74.71p |
5.16p 20.69p |
157.63p 24.33p |
200.78p 26.51p |
Earnings per Share - Adjusted | (213.61)p | 553.92p | 212.88p | 186.36p | 225.53p |
Earnings per Share Growth - Basic | n/a -54% |
6,429% 260% |
-97% -15% |
-22% -8% |
121% 68% |
Earnings per Share Growth - Diluted | n/a -54% |
6,414% 261% |
-97% -15% |
-22% -8% |
121% 69% |
Earnings per Share Growth - Adjusted | n/a | 160% | 14% | -17% | 68% |
PE Ratio - Diluted | n/a 30.6 |
8.8 39.4 |
642.3 160.1 |
16.5 107.1 |
12.2 92.7 |
PEG - Diluted | n/a n/a |
0.0 0.2 |
n/a n/a |
n/a n/a |
0.1 1.3 |
Tax Rate | 44.74% | 26.92% | 114.14% | 14.83% | 14.18% |
Dividend Cover | n/a n/a |
2.51 0.34 |
2.49 0.24 |
6.32 0.83 |
2.50 0.30 |
Interest Cover | (0.65) 6.02 |
n/a n/a |
1.52 4.19 |
n/a n/a |
13.66 13.35 |
Continuing & Discontinued Operations | |||||
Earnings per Share - Basic | (377.14p) 31.80p |
3.59p 0.78p |
5.16p 20.81p |
158.37p 26.80p |
50.50p 6.62p |
Earnings per Share - Diluted | (377.14p) 31.73p |
3.58p 0.78p |
5.16p 20.69p |
157.63p 26.65p |
50.16p 6.59p |
Earnings per Share - Adjusted | (377.14p) | 5.59p | 212.88p | 186.36p | 56.34p |
Earnings per Share Growth - Basic | n/a 3,963% |
-30% -96% |
-97% -22% |
214% 304% |
-45% -58% |
Earnings per Share Growth - Diluted | n/a 3,969% |
-31% -96% |
-97% -22% |
214% 304% |
-45% -58% |
Earnings per Share Growth - Adjusted | n/a | -97% | 14% | 231% | -58% |
PE Ratio - Diluted | n/a 33.5 |
823.0 3,775.1 |
642.3 160.1 |
16.5 97.8 |
49.0 373.0 |
PEG - Diluted | n/a 0.0 |
n/a n/a |
n/a n/a |
0.1 0.3 |
n/a n/a |
Dividend Cover | n/a n/a |
0.03 n/a |
2.49 0.24 |
6.32 0.91 |
0.63 0.07 |
Return on Equity (ROE) | (2.95%) 13.48% |
0.19% 0.31% |
0.47% 13.31% |
12.40% 15.45% |
4.96% 4.79% |
Operating Cash Flow per Share | 28.65p | 63.27p | 43.97p | 38.62p | 26.76p |
Gross Cash Flow per Share | cn/a | cn/a | cn/a | cn/a | cn/a |
Cash Incr/Decr per Share | (64.15p) | 0.73p | 22.17p | 6.28p | 0.63p |
Capital Expenditure per Share | n/a | n/a | n/a | n/a | n/a |
Dividend per Share | n/a | 220.98p | 85.45p | 29.46p | 90.08p |
Dividend per Share Growth | n/a | 158.62% | 190.00% | (67.29%) | 67.95% |
Dividend Yield | 0.0% | 7.5% | 2.6% | 1.1% | 3.7% |
Shareholders Funds | 1,017.00 | 1,019.30 | 615.00 | 649.40 | 463.90 |
Net Borrowings £ (Millions) | 1,070.40 | 157.70 | 517.20 | 21.20 | 214.00 |
Net Asset Value per Share (inc. Intangibles) | (10.34p) | 54.29p | (60.26p) | 62.59p | 14.62p |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Gearing - inc Intangibles | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 31-Dec-18 |
Shareholders' Funds inc Intangibles | 1,017.00 | 1,019.30 | 615.00 | 649.40 | 463.90 |
Net Borrowings £ (Millions) | 1,070.40 | 157.70 | 517.20 | 21.20 | 214.00 |
Net Gearing | 105.25% | 15.47% | 84.10% | 3.26% | 46.13% |
Cash & Near Cash | 227.70 | 505.30 | 201.80 | 103.60 | 96.90 |
Cash | 22.39% | 49.57% | 32.81% | 15.95% | 20.89% |
Gross Borrowings | 1,298.10 | 663.00 | 719.00 | 124.80 | 310.90 |
Gross Gearing | 127.64% | 65.04% | 116.91% | 19.22% | 67.02% |
Borrowings Under 5 years | 1,298.10 | 663.00 | 719.00 | 124.80 | 310.90 |
Under 5 years | 127.64% | 65.04% | 116.91% | 19.22% | 67.02% |
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-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 31-Dec-18 |
Shareholders' Funds exc Intangibles | (48.30) | 234.70 | (256.00) | 246.20 | 53.20 |
Net Borrowings £ (Millions) | 1,070.40 | 157.70 | 517.20 | 21.20 | 214.00 |
Net Gearing | n/a | 67.19% | n/a | 8.61% | 402.26% |
Cash & Near Cash | 227.70 | 505.30 | 201.80 | 103.60 | 96.90 |
Cash | (471.43%) | 215.30% | (78.83%) | 42.08% | 182.14% |
Gross Borrowings | 1,298.10 | 663.00 | 719.00 | 124.80 | 310.90 |
Gross Gearing | 2,687.57% | 282.49% | 280.86% | 50.69% | 584.40% |
Borrowings Under 5 years | 1,298.10 | 663.00 | 719.00 | 124.80 | 310.90 |
Under 5 years | (2,687.57%) | 282.49% | (280.86%) | 50.69% | 584.40% |
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-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 31-Dec-18 |
Quick Ratio | 1.30 | 1.46 | 0.99 | 1.00 | 0.85 |
Current Ratio | 2.00 | 1.91 | 1.36 | 1.41 | 1.22 |
* 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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