Tesco (TSCO)

Sector:

Food Pharmacy Retail

Index:

FTSE 100

309.30p
   
  • Change Today:
      2.30p
  • 52 Week High: 315.00p
  • 52 Week Low: 245.40p
  • Currency: UK Pounds
  • Shares Issued: 6,942m
  • Volume: 18,125,670
  • Market Cap: £21,472m
  • RiskGrade: 107

Dividend Data

  24-Feb-2425-Feb-2326-Feb-2227-Feb-2129-Feb-20
Interim Dividend3.85p3.85p3.20p3.20pn/a
Final Dividend8.25p7.05p7.70p5.95pn/a
Total Dividend12.10p10.90p10.90p9.15p9.15p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 24-Feb-24 25-Feb-23 26-Feb-22 27-Feb-21 29-Feb-20
Continuing Operations          
Revenue 68,187.00 65,322.00 61,344.00 57,887.00 58,091.00
Operating Profit/(Loss) 2,821.00 1,410.00 2,560.00 1,547.00 2,206.00
Net Interest (538.00) (536.00) (542.00) (937.00) (1,170.00)
Profit Before Tax 2,289.00 882.00 2,033.00 636.00 1,028.00
Profit After Tax 1,764.00 658.00 1,523.00 532.00 738.00
Discontinued Operations          
Profit After Tax (572.00) 78.00 (40.00) 5,426.00 235.00
PROFIT FOR THE PERIOD 1,192.00 736.00 1,483.00 5,958.00 973.00
Attributable to:          
Equity Holders of Parent Company 1,188.00 737.00 1,481.00 5,954.00 973.00
Minority Interests 4.00 (1.00) 2.00 4.00 n/a
           
Continuing EPS          
Earnings per Share - Basic 24.80p 8.89p 19.86p 5.60p 7.60p
Earnings per Share - Diluted 24.53p 8.81p 19.64p 5.58p 7.54p
Earnings per Share - Adjusted 23.67p 20.71p 22.11p 11.58p 18.60p
Continuing and Discontinued EPS          
Earnings per Share - Basic 16.74p 9.94p 19.34p 61.83p 9.99p
Earnings per Share - Diluted 16.56p 9.85p 19.12p 61.66p 9.93p
Earnings per Share - Adjusted 23.67p 20.71p 22.11p 11.58p 18.60p
           
Dividend per Share 12.10p 10.90p 10.90p 9.15p 9.15p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 24-Feb-24 25-Feb-23 26-Feb-22 27-Feb-21 29-Feb-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 22,699.00 22,362.00 22,780.00 22,896.00 26,108.00
Intangible Assets 5,066.00 5,375.00 5,360.00 5,393.00 6,078.00
Investment Properties 24.00 24.00 22.00 19.00 26.00
Investments 1,648.00 1,432.00 1,339.00 941.00 307.00
Other Financial Assets n/a 3,029.00 942.00 1,425.00 1,083.00
Other Non-Current Assets 996.00 1,177.00 6,719.00 4,031.00 5,652.00
  30,433.00 33,399.00 37,162.00 34,705.00 39,254.00
Current Assets          
Inventories 2,635.00 2,510.00 2,339.00 2,069.00 2,433.00
Trade & Other Receivables 1,349.00 1,235.00 1,263.00 1,263.00 1,396.00
Cash at Bank & in Hand 2,340.00 2,465.00 2,345.00 2,510.00 4,137.00
Current Asset Investments 2,334.00 1,981.00 2,302.00 1,189.00 1,076.00
Other Current Assets 7,948.00 4,278.00 3,572.00 3,171.00 4,566.00
  16,606.00 12,469.00 11,821.00 10,202.00 13,608.00
           
Other Assets n/a n/a 368.00 605.00 285.00
Total Assets 47,039.00 45,868.00 49,351.00 45,512.00 53,147.00
           
Liabilities          
Current Liabilities          
Borrowings 2,120.00 2,365.00 1,272.00 1,655.00 2,817.00
Other Current Liabilities 18,352.00 15,245.00 14,853.00 14,066.00 15,839.00
  20,472.00 17,610.00 16,125.00 15,721.00 18,656.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 12,721.00 12,713.00 14,085.00 14,015.00 14,973.00
Provisions 444.00 313.00 1,120.00 167.00 177.00
Other Non-Current Liabilities 1,737.00 3,007.00 2,363.00 3,274.00 5,972.00
  14,902.00 16,033.00 17,568.00 17,456.00 21,122.00
           
Other Liabilities n/a n/a 14.00 276.00 n/a
Total Liabilities 35,374.00 33,643.00 33,707.00 33,453.00 39,778.00
           
Net Assets 11,665.00 12,225.00 15,644.00 12,059.00 13,369.00
           
Capital & Reserves          
Share Capital 445.00 463.00 484.00 490.00 490.00
Share Premium Account 5,165.00 5,165.00 5,165.00 5,165.00 5,165.00
Other Reserves 3,131.00 3,139.00 3,079.00 3,183.00 3,658.00
Retained Earnings 2,930.00 3,469.00 6,932.00 3,239.00 4,078.00
Shareholders Funds 11,671.00 12,236.00 15,660.00 12,077.00 13,391.00
           
Minority Interests/Other Equity (6.00) (11.00) (16.00) (18.00) (22.00)
Total Equity 11,665.00 12,225.00 15,644.00 12,059.00 13,369.00
Cash Flow 24-Feb-24 25-Feb-23 26-Feb-22 27-Feb-21 29-Feb-20
Net Cash Flow From Operating Activities 3,839.00 3,722.00 3,757.00 602.00 48.00
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 (1,700.00) (706.00) (1,735.00) 6,171.00 2,398.00
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 (1,859.00) (3,188.00) (2,234.00) (7,841.00) (1,940.00)
Net Increase/Decrease In Cash 280.00 (172.00) (212.00) (1,068.00) 506.00
Ratios - based on IFRS 24-Feb-24 25-Feb-23 26-Feb-22 27-Feb-21 29-Feb-20
Continuing Operations          
PE Ratio - Adjusted 11.8 11.9 13.0 19.4 12.3
PEG - Adjusted 0.8 n/a 0.1 n/a 0.4
Earnings per Share Growth - Adjusted 14% -6% 91% -38% 32%
Dividend Cover 1.96 1.90 2.03 1.27 2.03
Revenue per Share 960.79p 880.94p 801.04p 6.07p 597.89p
Pre-Tax Profit per Share 32.25p 11.89p 26.55p 0.067p 10.58p
Operating Margin 4.14% 2.16% 4.17% 2.67% 3.80%
Return on Capital Employed 12.92% 6.38% 9.62% 0.07% 8.70%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 11.8 11.9 13.0 1,923.2 12.3
PEG - Adjusted 0.8 n/a 0.0 n/a 0.4
Earnings per Share Growth - Adjusted 14% -6% 18,816% -99% 32%
Dividend Cover 1.96 1.90 2.03 0.01 2.03
           
Dividend Yield 4.3% 4.4% 3.8% 4.1% 4.0%
Dividend per Share Growth 11.01% n/a 19.13% n/a 58.58%
Operating Cash Flow per Share 54.09p 50.20p 49.06p 6.25p 0.49p
Cash Incr/Decr per Share 3.94p (2.32p) (2.77p) (0.11p) 5.21p
Net Asset Value per Share (exc. Intangibles) 92.98p 92.38p 134.29p 69.23p 75.04p
Net Gearing 107.11% 103.08% 83.09% 108.97% 101.96%

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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