£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Growth Metrics | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 31-Dec-18 |
Annualisation Factor | 1.0 | n/a | 1.0 | 1.0 | 0.2 |
Dividend Yield | 1.3% | 1.1% | 0.9% | 2.5% | 3.5% |
Continuing Operations | |||||
PE Ratio - Basic | n/a 42.9 |
19.3 12.3 |
18.0 14.8 |
24.4 10.5 |
12.0 9.4 |
PE Ratio - Diluted | n/a 42.9 |
19.3 12.3 |
18.0 14.8 |
24.4 10.5 |
12.0 9.5 |
PE Ratio - Adjusted | 17.9 | 15.9 | 19.7 | 10.5 | 12.0 |
PEG - Basic | n/a n/a |
n/a 0.9 |
0.7 n/a |
n/a 0.6 |
0.1 0.2 |
PEG - Diluted | n/a n/a |
n/a 0.9 |
0.7 n/a |
n/a 0.6 |
0.1 0.2 |
PEG - Adjusted | n/a | 0.9 | n/a | 0.6 | 0.4 |
Return on Capital Employed | n/a n/a |
n/a n/a |
n/a n/a |
n/a n/a |
n/a n/a |
Operating Margin | 17.00% 39.40% |
11.26% 13.34% |
7.73% 9.33% |
5.08% 10.73% |
6.86% 6.86% |
Continuing & Discontinued Operations | |||||
PE Ratio - Basic | n/a 13.4 |
n/a n/a |
20.9 16.4 |
60.4 14.2 |
60.0 37.4 |
PE Ratio - Diluted | n/a 13.4 |
n/a n/a |
20.9 16.4 |
60.4 14.2 |
60.1 37.4 |
PE Ratio - Adjusted | 17.9 | 1,571.7 | 19.7 | 10.5 | 60.0 |
PEG - Basic | n/a n/a |
n/a n/a |
0.1 n/a |
20.1 0.1 |
n/a n/a |
PEG - Diluted | n/a n/a |
n/a n/a |
0.1 n/a |
20.1 0.1 |
n/a n/a |
PEG - Adjusted | 0.0 | n/a | n/a | 0.0 | n/a |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Gearing | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 31-Dec-18 |
Net Gearing | (2.62%) | (1.07%) | 5.07% | 6.54% | 2.77% |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Value Metrics | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 31-Dec-18 |
Price/Book Value | n/a | n/a | n/a | n/a | 10.4 |
Price/Tangible Book Value | n/a | n/a | n/a | n/a | 10.4 |
Price/ Cash Flow | n/a | n/a | n/a | n/a | 14.7 |
Price/Revenue | n/a | n/a | n/a | n/a | 3.82 |
Price/R&D | n/a | n/a | n/a | n/a | n/a |
Net Asset Value per Share (exc. Intangibles) | 443.13p | 361.45p | 31.30p | 47.31p | 135.42p |
Net Cash per Share | n/a | n/a | n/a | n/a | n/a |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Annualised Fundamentals | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 31-Dec-18 |
Continuing Operations | |||||
Revenue | 8,549.00 | 267.49 | 36,247.00 | 45,064.00 | 9,439.63 |
Net Interest | n/a n/a |
n/a n/a |
376.00 376.00 |
n/a n/a |
n/a n/a |
Profit Before Tax | (643.00) 1,272.00 |
30.46 35.09 |
3,179.00 3,758.00 |
2,287.00 4,836.00 |
726.60 888.91 |
Revenue per Share | 312.46p | 10.18p | 1,395.73p | 1,741.94p | 366.59p |
Pre-Tax Profit per Share | (23.50p) 46.49p |
1.16p 1.33p |
122.41p 144.71p |
88.40p 186.94p |
28.22p 34.52p |
Market Capitalisation £ (Millions) | 31,002.52 | 35,003.03 | 35,149.83 | 37,690.81 | 36,354.48 |
Enterprise Value (EV) £ (Millions) | 36,060.52 | 41,991.03 | (81,602.17) | 45,929.81 | 52,404.48 |
EBITDA/EV | 4.32% 9.63% |
0.07% 0.09% |
(3.53%) (4.24%) |
4.98% 10.53% |
1.24% 1.24% |
Operating Margin | 17.00% 39.40% |
11.26% 13.34% |
7.73% 9.33% |
5.08% 10.73% |
6.86% 6.86% |
Capital Employed £ (Millions) | 18,545.00 | 19,721.00 | 16,315.00 | 15,166.00 | 21,189.00 |
Return on Capital Employed | n/a n/a |
n/a n/a |
n/a n/a |
n/a n/a |
n/a n/a |
Invested Equity Capital £ (Millions) | 19,951.00 | 20,322.00 | 27,303.00 | 25,180.00 | 23,744.00 |
Earnings per Share - Basic | (36.80¢) 33.22¢ |
83.40¢ 131.01¢ |
94.60¢ 114.75¢ |
75.10¢ 173.68¢ |
116.90p 148.39p |
Earnings per Share - Diluted | (36.80¢) 33.22¢ |
83.40¢ 131.01¢ |
94.60¢ 114.75¢ |
75.10¢ 173.68¢ |
116.80p 148.33p |
Earnings per Share - Adjusted | 79.40¢ | 101.50¢ | 86.60¢ | 175.00¢ | 116.90p |
Earnings per Share Growth - Basic | n/a -75% |
-12% 14% |
26% -34% |
-49% 17% |
121% 46% |
Earnings per Share Growth - Diluted | n/a -75% |
-12% 14% |
26% -34% |
-49% 17% |
122% 46% |
Earnings per Share Growth - Adjusted | -22% | 17% | -50% | 18% | 29% |
PE Ratio - Diluted | n/a 42.9 |
19.3 12.3 |
18.0 14.8 |
24.4 10.5 |
12.0 9.5 |
PEG - Diluted | n/a n/a |
n/a 0.9 |
0.7 n/a |
n/a 0.6 |
0.1 0.2 |
Tax Rate | (70.68%) | 26.95% | 22.37% | 14.60% | 20.39% |
Dividend Cover | 4.23 1.77 |
5.89 7.60 |
5.38 7.13 |
3.78 3.75 |
2.37 3.01 |
Continuing & Discontinued Operations | |||||
Earnings per Share - Basic | (36.80¢) 106.47¢ |
(0.78¢) (0.57¢) |
81.60¢ 103.85¢ |
30.30¢ 128.80¢ |
23.37p 37.50p |
Earnings per Share - Diluted | (36.80¢) 106.47¢ |
(0.78¢) (0.57¢) |
81.60¢ 103.85¢ |
30.30¢ 128.80¢ |
23.35p 37.49p |
Earnings per Share - Adjusted | 79.40¢ | 1.02¢ | 86.60¢ | 175.00¢ | 23.37p |
Earnings per Share Growth - Basic | n/a n/a |
n/a n/a |
169% -19% |
3% 243% |
-56% -63% |
Earnings per Share Growth - Diluted | n/a n/a |
n/a n/a |
169% -19% |
3% 244% |
-56% -63% |
Earnings per Share Growth - Adjusted | 7,650% | -99% | -50% | 493% | -74% |
PE Ratio - Diluted | n/a 13.4 |
n/a n/a |
20.9 16.4 |
60.4 14.2 |
60.1 37.4 |
PEG - Diluted | n/a n/a |
n/a n/a |
0.1 n/a |
20.1 0.1 |
n/a n/a |
Dividend Cover | 4.23 5.67 |
0.06 (0.03) |
5.38 6.45 |
3.78 2.78 |
0.47 0.76 |
Return on Equity (ROE) | 5.00% 14.60% |
(0.10%) (0.07%) |
7.76% 9.88% |
3.11% 13.23% |
3.38% 4.07% |
Operating Cash Flow per Share | 39.40p | 10.58p | 106.78p | (8.08p) | 95.69p |
Gross Cash Flow per Share | cn/a | cn/a | cn/a | cn/a | cn/a |
Cash Incr/Decr per Share | (54.13p) | 0.31p | 50.91p | (115.58p) | 8.78p |
Dividend per Share | 18.78¢ | 17.23¢ | 16.10¢ | 46.26¢ | 49.35p |
Dividend per Share Growth | 9.00% | 7.02% | (65.20%) | (6.26%) | 47.01% |
Dividend Yield | 1.3% | 1.1% | 0.9% | 2.5% | 3.5% |
Shareholders Funds | 16,731.00 | 17,088.00 | 20,878.00 | 19,477.00 | 17,249.00 |
Net Borrowings £ (Millions) | (438.00) | (182.00) | 1,059.00 | 1,274.00 | 3,925.00 |
Net Asset Value per Share (inc. Intangibles) | 437.02p | 354.76p | (16.48p) | 39.89p | 134.72p |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Gearing - inc Intangibles | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 31-Dec-18 |
Shareholders' Funds inc Intangibles | 16,731.00 | 17,088.00 | 20,878.00 | 19,477.00 | 17,249.00 |
Net Borrowings £ (Millions) | (438.00) | (182.00) | 1,059.00 | 1,274.00 | 3,925.00 |
Net Gearing | (2.62%) | (1.07%) | 5.07% | 6.54% | 2.77% |
Cash & Near Cash | 5,514.00 | 7,170.00 | 8,018.00 | 6,965.00 | 12,125.00 |
Cash | 32.96% | 41.96% | 38.40% | 35.76% | 70.29% |
Gross Borrowings | 5,076.00 | 6,988.00 | 9,077.00 | 8,239.00 | 16,050.00 |
Gross Gearing | 30.34% | 40.89% | 43.48% | 42.30% | 73.06% |
Borrowings Under 5 years | 5,076.00 | 6,988.00 | 9,077.00 | 8,239.00 | 16,050.00 |
Under 5 years | 30.34% | 40.89% | 43.48% | 42.30% | 93.05% |
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 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 31-Dec-18 |
Shareholders' Funds exc Intangibles | 11,957.00 | 9,323.00 | (428.00) | 1,032.00 | 3,469.00 |
Net Borrowings £ (Millions) | (438.00) | (182.00) | 1,059.00 | 1,274.00 | 3,925.00 |
Net Gearing | (3.66%) | (1.95%) | n/a | 123.45% | 13.75% |
Cash & Near Cash | 5,514.00 | 7,170.00 | 8,018.00 | 6,965.00 | 12,125.00 |
Cash | 46.12% | 76.91% | (1,873.36%) | 674.90% | 349.52% |
Gross Borrowings | 5,076.00 | 6,988.00 | 9,077.00 | 8,239.00 | 16,050.00 |
Gross Gearing | 42.45% | 74.95% | 2,120.79% | 798.35% | 363.27% |
Borrowings Under 5 years | 5,076.00 | 6,988.00 | 9,077.00 | 8,239.00 | 16,050.00 |
Under 5 years | 42.45% | 74.95% | (2,120.79%) | 798.35% | 462.67% |
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 |
* 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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