RIT Capital Partners (RCP)

Sector:

Investment Firms

Index:

FTSE 250

1,968.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 2,025.00
  • 52 Week Low: 1,718.00
  • Currency: UK Pounds
  • Shares Issued: 143.37m
  • Volume: 59,157
  • Market Cap: £2,821.52m
  • RiskGrade: 88
  • Beta: 0.71

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Total Dividend38.00p37.00p35.25p35.00p34.00p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 32.50 26.70 16.50 22.70 41.60
Operating Profit/(Loss) 4.00 (9.30) (13.10) 2.10 16.80
Net Interest (6.90) 5.00 (4.00) (3.30) (4.10)
Profit Before Tax (2.90) (14.30) (17.10) (1.20) 12.70
Profit After Tax (2.90) (14.30) (17.30) (1.20) 12.70
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (2.90) (14.30) (17.30) (1.20) 12.70
Attributable to:          
Equity Holders of Parent Company (2.90) (14.30) (17.30) (1.20) 12.70
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic (1.90p) (9.20p) (11.10p) (0.80p) 8.20p
Earnings per Share - Diluted (1.90p) (9.20p) (11.00p) (0.80p) 8.20p
Earnings per Share - Adjusted (1.90p) (9.20p) (11.10p) (0.80p) 8.20p
Continuing and Discontinued EPS          
Earnings per Share - Basic (1.90p) (9.20p) (11.10p) (0.80p) 8.20p
Earnings per Share - Diluted (1.90p) (9.20p) (11.00p) (0.80p) 8.20p
Earnings per Share - Adjusted (1.90p) (9.20p) (11.10p) (0.80p) 8.20p
           
Dividend per Share 38.00p 37.00p 35.25p 35.00p 34.00p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 21.60 20.70 23.10 23.60 24.20
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 34.10 37.90 38.30 37.80 36.10
Investments 3,499.40 3,586.30 4,291.80 3,520.20 3,086.10
Other Financial Assets n/a n/a n/a 0.30 0.70
Other Non-Current Assets 6.00 1.50 6.70 3.20 2.50
  3,561.10 3,646.40 4,359.90 3,585.10 3,149.60
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 71.20 245.30 262.80 105.30 172.20
Cash at Bank & in Hand 204.30 218.00 325.90 296.80 61.10
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 65.50 61.80 36.40 57.30 50.40
  341.00 525.10 625.10 459.40 283.70
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 3,902.10 4,171.50 4,985.00 4,044.50 3,433.30
           
Liabilities          
Current Liabilities          
Borrowings 142.90 236.20 240.00 189.00 50.00
Other Current Liabilities 42.10 74.00 177.00 73.30 61.50
  185.00 310.20 417.00 262.30 111.50
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 140.80 137.60 172.50 185.30 166.90
Provisions 3.00 2.00 2.30 1.10 1.40
Other Non-Current Liabilities n/a n/a 2.90 5.40 7.90
  143.80 139.60 177.70 191.80 176.20
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 328.80 449.80 594.70 454.10 287.70
           
Net Assets 3,573.30 3,721.70 4,390.30 3,590.40 3,145.60
           
Capital & Reserves          
Share Capital 156.80 156.80 156.80 156.80 156.80
Share Premium Account 45.70 45.70 45.70 45.70 45.70
Other Reserves 3,370.80 3,519.20 4,176.30 3,382.80 2,936.10
Retained Earnings n/a n/a 11.50 5.10 7.00
Shareholders Funds 3,573.30 3,721.70 4,390.30 3,590.40 3,145.60
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 3,573.30 3,721.70 4,390.30 3,590.40 3,145.60
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 294.20 32.70 51.80 155.90 135.50
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (0.30) (0.10) (0.10) (0.20) (0.20)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (310.90) (145.20) (29.50) 82.90 (284.70)
Net Increase/Decrease In Cash (17.00) (112.60) 22.20 238.60 (149.40)
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted n/a n/a n/a n/a 257.9
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a n/a
Dividend Cover (0.05) (0.25) (0.31) (0.02) 0.24
Revenue per Share 22.67p 18.62p 0.11p 14.52p 26.87p
Pre-Tax Profit per Share (2.02p) (9.97p) (0.11p) (0.77p) 8.20p
Operating Margin 12.31% (34.83%) (79.39%) 9.25% 40.38%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted n/a n/a n/a n/a 257.9
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a n/a
Dividend Cover (0.05) (0.25) n/a (0.02) 0.24
           
Dividend Yield 2.0% 1.7% 1.3% 1.7% 1.6%
Dividend per Share Growth 2.70% 4.96% 0.71% 2.94% 3.03%
Operating Cash Flow per Share 205.20p 22.81p 33.18p 99.74p 87.53p
Cash Incr/Decr per Share (11.86p) (78.54p) 0.14p 152.66p (96.51p)
Net Asset Value per Share (exc. Intangibles) 2,492.36p 2,595.87p 2,812.49p 2,297.12p 2,032.04p
Net Gearing 2.22% 4.19% 1.97% 2.16% 4.95%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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