£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Growth Metrics | 30-Sep-23 | 30-Sep-22 | 30-Sep-21 | 30-Sep-20 | 30-Sep-19 |
Annualisation Factor | 1.0 | 1.0 | n/a | 1.0 | 1.0 |
Dividend Yield | 4.3% | 4.6% | 1.9% | 1.6% | 2.0% |
Continuing Operations | |||||
PE Ratio - Adjusted | 15.7 | 16.5 | 33.7 | 37.1 | 31.9 |
PE Ratio - Diluted | 15.7 15.7 |
16.5 16.5 |
33.7 33.6 |
37.1 37.0 |
31.9 31.9 |
PEG - Adjusted | 1.1 | n/a | 2.8 | 3.7 | 1.3 |
PEG - Diluted | 1.1 1.2 |
n/a n/a |
2.8 2.8 |
3.7 3.4 |
1.3 1.3 |
Return on Capital Employed | 31.48% 31.48% |
7.50% 7.50% |
0.53% 0.53% |
31.05% 31.05% |
40.38% 40.38% |
Operating Margin | 50.70% 50.70% |
11.30% 11.30% |
76.56% 76.56% |
48.67% 48.67% |
57.18% 57.18% |
Continuing & Discontinued Operations | |||||
PE Ratio - Adjusted | 15.7 | 16.5 | 3,338.7 | 37.1 | 31.9 |
PE Ratio - Diluted | 15.7 15.7 |
16.5 16.5 |
3,338.7 3,333.5 |
37.1 37.0 |
31.9 31.9 |
PEG - Adjusted | 1.1 | 0.0 | n/a | 3.7 | 1.3 |
PEG - Diluted | 1.1 1.2 |
0.0 0.0 |
n/a n/a |
3.7 3.4 |
1.3 1.3 |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Gearing | 30-Sep-23 | 30-Sep-22 | 30-Sep-21 | 30-Sep-20 | 30-Sep-19 |
Net Gearing | n/a | n/a | n/a | n/a | n/a |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Value Metrics | 30-Sep-23 | 30-Sep-22 | 30-Sep-21 | 30-Sep-20 | 30-Sep-19 |
Price/Book Value | 4.7 | 4.8 | 12.2 | 13.1 | 12.0 |
Price/Tangible Book Value | 4.7 | 4.8 | 12.2 | 13.1 | 12.0 |
Price/ Cash Flow | 109.0 | 3.1 | (30.6) | 7.4 | 9.1 |
Price/Revenue | 5.82 | 5.44 | 1,375.82 | 15.68 | 13.23 |
Price/R&D | n/a | n/a | n/a | n/a | n/a |
Net Asset Value per Share (exc. Intangibles) | 50.94p | 45.75p | 42.60p | 38.64p | 32.88p |
Net Cash per Share | n/a | n/a | n/a | n/a | n/a |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Annualised Fundamentals | 30-Sep-23 | 30-Sep-22 | 30-Sep-21 | 30-Sep-20 | 30-Sep-19 |
Continuing Operations | |||||
Revenue | 134.90 | 133.60 | 1.25 | 107.32 | 99.20 |
EBITDA | 70.90 70.90 |
18.10 18.10 |
0.99 0.99 |
52.23 52.23 |
56.72 56.72 |
Depreciation | (2.50) (2.50) |
(3.00) (3.00) |
(0.03) (0.03) |
n/a n/a |
n/a n/a |
Net Interest | 6.30 6.30 |
0.70 0.70 |
n/a n/a |
0.02 0.02 |
0.31 0.31 |
Profit Before Tax | 74.70 74.70 |
15.80 15.80 |
0.95 0.95 |
52.26 52.26 |
57.00 57.00 |
Revenue per Share | 40.78p | 40.38p | 0.38p | 32.40p | 29.94p |
Pre-Tax Profit per Share | 22.58p 22.58p |
4.78p 4.78p |
0.29p 0.29p |
15.78p 15.78p |
17.20p 17.20p |
Market Capitalisation £ (Millions) | 785.90 | 728.25 | 1,719.56 | 1,683.12 | 1,312.04 |
Enterprise Value (EV) £ (Millions) | 755.50 | 698.85 | 1,718.36 | 1,685.59 | 1,306.97 |
EBITDA/EV | 9.38% 9.38% |
2.59% 2.59% |
0.06% 0.06% |
3.10% 3.10% |
4.34% 4.34% |
Operating Margin | 50.70% 50.70% |
11.30% 11.30% |
76.56% 76.56% |
48.67% 48.67% |
57.18% 57.18% |
Capital Employed £ (Millions) | 217.30 | 201.20 | 181.70 | 168.23 | 140.41 |
Return on Capital Employed | 31.48% 31.48% |
7.50% 7.50% |
0.53% 0.53% |
31.05% 31.05% |
40.38% 40.38% |
Invested Equity Capital £ (Millions) | 237.60 | 220.20 | 199.00 | 175.10 | 153.36 |
Earnings per Share - Basic | 15.10p 15.09p |
13.30p 13.30p |
15.40p 15.44p |
13.70p 13.73p |
12.40p 12.41p |
Earnings per Share - Diluted | 15.10p 15.06p |
13.30p 13.28p |
15.40p 15.42p |
13.70p 13.73p |
12.40p 12.41p |
Earnings per Share - Adjusted | 15.10p | 13.30p | 15.40p | 13.70p | 12.40p |
Earnings per Share Growth - Basic | 14% 13% |
-14% -14% |
12% 12% |
10% 11% |
25% 25% |
Earnings per Share Growth - Diluted | 14% 13% |
-14% -14% |
12% 12% |
10% 11% |
25% 25% |
Earnings per Share Growth - Adjusted | 14% | -14% | 12% | 10% | 25% |
PE Ratio - Diluted | 15.7 15.7 |
16.5 16.5 |
33.7 33.6 |
37.1 37.0 |
31.9 31.9 |
PEG - Diluted | 1.1 1.2 |
n/a n/a |
2.8 2.8 |
3.7 3.4 |
1.3 1.3 |
Tax Rate | 33.20% | (178.48%) | 45.98% | 12.96% | 27.93% |
Dividend Cover | 1.48 1.48 |
1.30 1.30 |
1.54 1.54 |
1.65 1.65 |
1.59 1.59 |
Interest Cover | 748.00 748.00 |
159.00 159.00 |
474.00 474.00 |
225.27 225.27 |
n/a n/a |
Continuing & Discontinued Operations | |||||
Earnings per Share - Basic | 15.10p 15.09p |
13.30p 13.30p |
0.15p 0.16p |
13.70p 13.73p |
12.40p 12.41p |
Earnings per Share - Diluted | 15.10p 15.06p |
13.30p 13.28p |
0.15p 0.16p |
13.70p 13.73p |
12.40p 12.41p |
Earnings per Share - Adjusted | 15.10p | 13.30p | 0.15p | 13.70p | 12.40p |
Earnings per Share Growth - Basic | 14% 13% |
8,456% 8,433% |
-99% -99% |
10% 11% |
25% 25% |
Earnings per Share Growth - Diluted | 14% 13% |
8,456% 8,430% |
-99% -99% |
10% 11% |
25% 25% |
Earnings per Share Growth - Adjusted | 14% | 8,456% | -99% | 10% | 25% |
PE Ratio - Diluted | 15.7 15.7 |
16.5 16.5 |
3,338.7 3,333.5 |
37.1 37.0 |
31.9 31.9 |
PEG - Diluted | 1.1 1.2 |
0.0 0.0 |
n/a n/a |
3.7 3.4 |
1.3 1.3 |
Dividend Cover | 1.48 1.48 |
1.30 1.30 |
0.02 0.02 |
1.65 1.65 |
1.59 1.59 |
Return on Equity (ROE) | 21.00% 21.00% |
19.98% 19.98% |
0.26% 0.26% |
25.98% 25.98% |
26.80% 26.80% |
Operating Cash Flow per Share | 2.18p | 71.53p | (16.98p) | 68.98p | 43.47p |
Gross Cash Flow per Share | cn/a | cn/a | cn/a | cn/a | cn/a |
Cash Incr/Decr per Share | (13.39p) | 60.20p | (0.30p) | 59.54p | 33.91p |
Capital Expenditure per Share | n/a | n/a | n/a | n/a | n/a |
Dividend per Share | 10.20p | 10.20p | 10.00p | 8.30p | 7.80p |
Dividend per Share Growth | n/a | 2.00% | 20.48% | 6.41% | 21.88% |
Dividend Yield | 4.3% | 4.6% | 1.9% | 1.6% | 2.0% |
Shareholders Funds | 189.90 | 173.20 | 163.30 | 140.92 | 121.89 |
Net Borrowings £ (Millions) | (1,596.00) | (1,638.80) | (1,437.40) | (1,533.76) | (1,342.62) |
Net Asset Value per Share (inc. Intangibles) | 50.94p | 45.75p | 42.60p | 38.64p | 32.88p |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Gearing - inc Intangibles | 30-Sep-23 | 30-Sep-22 | 30-Sep-21 | 30-Sep-20 | 30-Sep-19 |
Shareholders' Funds inc Intangibles | 189.90 | 173.20 | 163.30 | 140.92 | 121.89 |
Net Borrowings £ (Millions) | (1,596.00) | (1,638.80) | (1,437.40) | (1,533.76) | (1,342.62) |
Net Gearing | n/a | n/a | n/a | n/a | n/a |
Cash & Near Cash | 1,597.10 | 1,641.60 | 1,442.40 | 1,539.84 | 1,342.62 |
Cash | 841.02% | 947.81% | 883.28% | 1,092.71% | 1,101.54% |
Gross Borrowings | 1.10 | 2.80 | 5.00 | 6.09 | n/a |
Gross Gearing | 0.58% | 1.62% | 3.06% | 4.32% | n/a |
Borrowings Under 5 years | 1.10 | 2.80 | 5.00 | 6.09 | n/a |
Under 5 years | 0.58% | 1.62% | 3.06% | 4.32% | n/a |
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 | 30-Sep-23 | 30-Sep-22 | 30-Sep-21 | 30-Sep-20 | 30-Sep-19 |
Shareholders' Funds exc Intangibles | 168.50 | 151.40 | 141.00 | 127.97 | 108.94 |
Net Borrowings £ (Millions) | (1,596.00) | (1,638.80) | (1,437.40) | (1,533.76) | (1,342.62) |
Net Gearing | n/a | n/a | n/a | n/a | n/a |
Cash & Near Cash | 1,597.10 | 1,641.60 | 1,442.40 | 1,539.84 | 1,342.62 |
Cash | 947.83% | 1,084.28% | 1,022.98% | 1,203.29% | 1,232.50% |
Gross Borrowings | 1.10 | 2.80 | 5.00 | 6.09 | n/a |
Gross Gearing | 0.65% | 1.85% | 3.55% | 4.76% | n/a |
Borrowings Under 5 years | 1.10 | 2.80 | 5.00 | 6.09 | n/a |
Under 5 years | 0.65% | 1.85% | 3.55% | 4.76% | n/a |
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 | 30-Sep-23 | 30-Sep-22 | 30-Sep-21 | 30-Sep-20 | 30-Sep-19 |
Quick Ratio | n/a | n/a | n/a | n/a | n/a |
Current Ratio | 897.32 | 656.74 | 1.01 | 1.01 | 1.01 |
* 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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