£ (Millions) | £ (Millions) | |
Growth Metrics | 31-Dec-06 | 31-Dec-05 |
Annualisation Factor | 1.0 | 1.0 |
Dividend Yield | 4.1% | 3.8% |
Continuing Operations | ||
PE Ratio - Adjusted | 13.4 | 14.6 |
PE Ratio - Diluted | 13.4 1.7 |
14.6 1.9 |
PEG - Adjusted | 0.2 | n/a |
PEG - Diluted | 0.2 0.0 |
n/a n/a |
Return on Capital Employed | 47.20% 47.54% |
39.53% 39.64% |
Operating Margin | 9.86% 9.94% |
8.15% 8.18% |
Continuing & Discontinued Operations | ||
PE Ratio - Adjusted | 13.4 | n/a |
PE Ratio - Diluted | 13.4 1.7 |
14.6 1.9 |
PEG - Adjusted | n/a | n/a |
PEG - Diluted | 0.2 0.0 |
n/a n/a |
£ (Millions) | £ (Millions) | |
Gearing | 31-Dec-06 | 31-Dec-05 |
Net Gearing | (57.74%) | (53.81%) |
£ (Millions) | £ (Millions) | |
Value Metrics | 31-Dec-06 | 31-Dec-05 |
Price/Book Value | 0.6 | 0.5 |
Price/Tangible Book Value | 0.6 | 0.5 |
Price/ Cash Flow | 1.3 | 0.9 |
Price/Revenue | 0.12 | 0.11 |
Price/R&D | n/a | n/a |
Net Asset Value per Share (exc. Intangibles) | 283.72p | 233.13p |
Net Cash per Share | n/a | n/a |
£ (Millions) | £ (Millions) | |
Annualised Fundamentals | 31-Dec-06 | 31-Dec-05 |
Continuing Operations | ||
Revenue | 295.08 | 236.72 |
EBITDA | 33.35 33.56 |
22.02 22.08 |
Depreciation | (4.24) (4.24) |
(2.72) (2.72) |
Net Interest | 1.17 1.17 |
0.35 0.35 |
Profit Before Tax | 30.29 30.50 |
19.65 19.71 |
Revenue per Share | 1,446.35p | 1,162.78p |
Pre-Tax Profit per Share | 148.45p 149.49p |
96.53p 96.81p |
Market Capitalisation £ (Millions) | 36.61 | 25.65 |
Enterprise Value (EV) £ (Millions) | 36.68 | 26.08 |
EBITDA/EV | 90.91% 91.49% |
84.45% 84.67% |
Operating Margin | 9.86% 9.94% |
8.15% 8.18% |
Capital Employed £ (Millions) | 61.69 | 48.83 |
Return on Capital Employed | 47.20% 47.54% |
39.53% 39.64% |
Invested Equity Capital £ (Millions) | 69.97 | 56.14 |
Earnings per Share - Basic | 13.35p 103.58p |
8.64p 66.66p |
Earnings per Share - Diluted | 13.35p 103.58p |
8.64p 66.66p |
Earnings per Share - Adjusted | 13.35p | 8.64p |
Earnings per Share Growth - Basic | 54% 55% |
n/a n/a |
Earnings per Share Growth - Diluted | 54% 55% |
n/a n/a |
Earnings per Share Growth - Adjusted | 54% | n/a |
PE Ratio - Diluted | 13.4 1.7 |
14.6 1.9 |
PEG - Diluted | 0.2 0.0 |
n/a n/a |
Tax Rate | 30.93% | 31.23% |
Dividend Cover | 1.80 13.96 |
1.79 13.84 |
Interest Cover | 370.34 372.93 |
179.65 180.16 |
Continuing & Discontinued Operations | ||
Earnings per Share - Basic | 13.35p 103.58p |
8.64p 66.66p |
Earnings per Share - Diluted | 13.35p 103.58p |
8.64p 66.66p |
Earnings per Share - Adjusted | 13.35p | n/a |
Earnings per Share Growth - Basic | 54% 55% |
n/a n/a |
Earnings per Share Growth - Diluted | 54% 55% |
n/a n/a |
Earnings per Share Growth - Adjusted | n/a | n/a |
PE Ratio - Diluted | 13.4 1.7 |
14.6 1.9 |
PEG - Diluted | 0.2 0.0 |
n/a n/a |
Dividend Cover | 1.80 13.96 |
n/a 13.84 |
Return on Equity (ROE) | 29.90% 30.20% |
24.07% 24.17% |
Operating Cash Flow per Share | 142.46p | 145.30p |
Gross Cash Flow per Share | cn/a | cn/a |
Cash Incr/Decr per Share | 40.05p | 60.35p |
Capital Expenditure per Share | 24.93p | 14.58p |
Dividend per Share | 7.42p | 4.81p |
Dividend per Share Growth | 54.05% | n/a |
Dividend Yield | 4.1% | 3.8% |
Shareholders Funds | 66.22 | 55.20 |
Net Borrowings £ (Millions) | (38.24) | (29.70) |
Net Asset Value per Share (inc. Intangibles) | 283.72p | 233.13p |
£ (Millions) | £ (Millions) | |
Gearing - inc Intangibles | 31-Dec-06 | 31-Dec-05 |
Shareholders' Funds inc Intangibles | 66.22 | 55.20 |
Net Borrowings £ (Millions) | (38.24) | (29.70) |
Net Gearing | (57.74%) | (53.81%) |
Cash & Near Cash | 38.30 | 30.13 |
Cash | 57.84% | 54.59% |
Gross Borrowings | 0.07 | 0.43 |
Gross Gearing | 0.10% | 0.78% |
Borrowings Under 5 years | 0.07 | 0.43 |
Under 5 years | 0.10% | 0.78% |
Borrowings Under 1 year | 0.07 | 0.36 |
Under 1 year | 0.10% | 0.66% |
£ (Millions) | £ (Millions) | |
Gearing - exc Intangibles | 31-Dec-06 | 31-Dec-05 |
Shareholders' Funds exc Intangibles | 57.88 | 47.46 |
Net Borrowings £ (Millions) | (38.24) | (29.70) |
Net Gearing | (66.06%) | (62.58%) |
Cash & Near Cash | 38.30 | 30.13 |
Cash | 66.17% | 63.49% |
Gross Borrowings | 0.07 | 0.43 |
Gross Gearing | 0.11% | 0.90% |
Borrowings Under 5 years | 0.07 | 0.43 |
Under 5 years | 0.11% | 0.90% |
Borrowings Under 1 year | 0.07 | 0.36 |
Under 1 year | 0.11% | 0.76% |
£ (Millions) | £ (Millions) | |
Cover | 31-Dec-06 | 31-Dec-05 |
Quick Ratio | 1.35 | 1.21 |
Current Ratio | 1.40 | 1.35 |
* 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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