Steppe Cement Ltd (STCM)

Sector:

Construction and Building Materials

Index:

FTSE AIM All-Share

17.50p
   
  • Change Today:
    -1.50p
  • 52 Week High: 40.00
  • 52 Week Low: 16.20
  • Currency: UK Pounds
  • Shares Issued: 219.00m
  • Volume: 404,610
  • Market Cap: £38.32m
  • RiskGrade: 216

Dividend Data

  31-Dec-2231-Dec-2131-Dec-2031-Dec-1931-Dec-18
Total Dividend5.00pn/a3.50p3.00p3.00p
For more dividend details, click here

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Continuing Operations          
Revenue 86.73 84.58 74.77 79.93 82.18
Operating Profit/(Loss) 22.17 22.11 14.15 14.47 12.40
Net Interest (0.47) (0.69) (1.05) (1.93) (1.60)
Profit Before Tax 21.69 21.42 13.10 12.54 10.80
Profit After Tax 17.88 17.07 11.12 9.71 9.06
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 17.88 17.07 11.12 9.71 9.06
Attributable to:          
Equity Holders of Parent Company 17.88 17.07 11.12 9.71 9.06
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 8.20¢ 7.80¢ 5.10¢ 4.40¢ 4.10¢
Earnings per Share - Diluted 8.20¢ 7.80¢ 5.10¢ 4.40¢ 4.10¢
Earnings per Share - Adjusted 8.20¢ 7.80¢ 5.10¢ 4.40¢ 4.10¢
Continuing and Discontinued EPS          
Earnings per Share - Basic 8.20¢ 7.80¢ 5.10¢ 4.40¢ 4.10¢
Earnings per Share - Diluted 8.20¢ 7.80¢ 5.10¢ 4.40¢ 4.10¢
Earnings per Share - Adjusted 8.20¢ 7.80¢ 5.10¢ 4.40¢ 4.10¢
           
Dividend per Share 5.00¢ 3.50¢ 4.78¢ 3.96¢ 3.83¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Assets          
Non-Current Assets          
Property, Plant & Equipment 49.37 50.14 52.34 61.95 59.64
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties n/a n/a n/a n/a n/a
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 1.53 0.16 1.90 2.43 2.39
  50.90 50.29 54.24 64.38 62.04
Current Assets          
Inventories 20.65 16.02 12.37 10.81 13.38
Trade & Other Receivables 10.62 6.99 4.28 5.79 5.81
Cash at Bank & in Hand 4.14 10.14 8.21 9.01 5.72
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 1.68 3.17 2.16 4.09 0.18
  37.10 36.32 27.02 29.70 25.09
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 88.00 86.61 81.27 94.09 87.13
           
Liabilities          
Current Liabilities          
Borrowings 2.87 5.63 6.26 8.61 5.22
Other Current Liabilities 10.11 7.36 6.42 8.25 10.70
  12.98 12.99 12.68 16.86 15.92
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 3.91 1.95 4.44 8.20 6.61
Provisions 3.45 4.50 4.56 4.73 2.12
Other Non-Current Liabilities 2.57 1.59 1.64 1.42 1.49
  9.93 8.04 10.64 14.35 10.22
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 22.92 21.03 23.33 31.21 26.14
           
Net Assets 65.08 65.58 57.94 62.88 60.99
           
Capital & Reserves          
Share Capital 73.76 73.76 73.76 73.76 73.76
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves (124.47) (118.37) (116.14) (111.27) (111.51)
Retained Earnings 115.79 110.19 100.33 100.39 98.74
Shareholders Funds 65.08 65.58 57.94 62.88 60.99
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 65.08 65.58 57.94 62.88 60.99
Cash Flow 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Net Cash Flow From Operating Activities 14.33 19.12 19.81 19.76 18.52
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 (7.11) (5.71) (2.81) (2.57) (3.12)
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 (12.60) (11.22) (17.01) (13.95) (11.98)
Net Increase/Decrease In Cash (5.38) 2.18 (0.01) 3.24 3.42
Ratios - based on IFRS 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Continuing Operations          
PE Ratio - Adjusted 7.2 7.2 7.9 10.4 6.6
PEG - Adjusted 1.4 0.1 0.5 1.5 0.0
Earnings per Share Growth - Adjusted 5% 53% 16% 7% 583%
Dividend Cover 1.64 2.23 1.07 1.11 1.07
Revenue per Share 39.60¢ 0.39¢ 34.14¢ 36.50¢ 37.52¢
Pre-Tax Profit per Share 9.90¢ 0.099¢ 5.98¢ 5.73¢ 4.93¢
Operating Margin 25.56% 26.14% 18.92% 18.10% 15.09%
Return on Capital Employed 29.43% 0.29% 19.33% 17.14% 16.55%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 7.2 716.5 7.9 10.4 6.6
PEG - Adjusted 0.0 n/a 0.5 1.5 0.0
Earnings per Share Growth - Adjusted 10,315% -98% 16% 7% 583%
Dividend Cover 1.64 0.02 1.07 1.11 1.07
           
Dividend Yield 8.5% 6.2% 11.9% 8.7% 14.2%
Dividend per Share Growth 42.86% (26.78%) 20.62% 3.45% 183.55%
Operating Cash Flow per Share 6.54¢ 8.73¢ 9.05¢ 9.03¢ 8.46¢
Cash Incr/Decr per Share (2.46¢) 0.010¢ n/a 1.48¢ 1.56¢
Net Asset Value per Share (exc. Intangibles) 29.72¢ 29.95¢ 26.46¢ 28.71¢ 27.85¢
Net Gearing 4.06% -3.89% 4.30% 12.40% 10.01%

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.

 

Top of Page