Arbuthnot Banking Group (ARBB)

Sector:

Banking

Index:

FTSE AIM All-Share

 1,010.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 1,105.00p
  • 52 Week Low: 877.50p
  • Currency: UK Pounds
  • Shares Issued: 16.19m
  • Volume: 1,088
  • Market Cap: £163.48m
  • RiskGrade: 147

Key Financials

  £ (Millions) £ (Millions)
Growth Metrics 31-Dec-10 31-Dec-09
Annualisation Factor 1.0 1.0
Dividend Yield 5.6% 5.8%
     
Continuing Operations    
PE Ratio - Adjusted 22.0 16.2
PE Ratio - Diluted 22.0
19.3		 16.2
16.1
PEG - Adjusted n/a n/a
PEG - Diluted n/a
n/a		 n/a
n/a
Return on Capital Employed n/a
n/a		 n/a
n/a
Operating Margin 13.51%
14.44%		 9.77%
9.82%
     
Continuing & Discontinued Operations    
PE Ratio - Adjusted 16.5 16.2
PE Ratio - Diluted 16.5
15.1		 16.2
16.1
PEG - Adjusted 2.4 n/a
PEG - Diluted 2.4
0.9		 n/a
n/a

  £ (Millions) £ (Millions)
Gearing 31-Dec-10 31-Dec-09
Net Gearing n/a n/a

  £ (Millions) £ (Millions)
Value Metrics 31-Dec-10 31-Dec-09
Price/Book Value 2.0 1.8
Price/Tangible Book Value 2.1 2.0
Price/ Cash Flow 1.3 2.0
Price/Revenue 1.64 1.10
Price/R&D n/a n/a
Net Asset Value per Share (exc. Intangibles) 208.22p 208.25p
Net Cash per Share n/a n/a

  £ (Millions) £ (Millions)
Annualised Fundamentals 31-Dec-10 31-Dec-09
Continuing Operations    
Revenue 37.77 51.70
EBITDA 6.78
7.13		 6.57
6.60
Depreciation (1.68)
(1.68)		 (1.52)
(1.52)
Net Interest n/a
n/a		 n/a
n/a
Profit Before Tax 4.07
4.42		 5.05
5.08
     
Revenue per Share 251.82p 344.68p
Pre-Tax Profit per Share 27.10p
29.44p		 33.67p
33.85p
Market Capitalisation £ (Millions) 60.38 55.71
Enterprise Value (EV) £ (Millions) (395.07) (356.23)
EBITDA/EV (1.72%)
(1.81%)		 (1.84%)
(1.85%)
Operating Margin 13.51%
14.44%		 9.77%
9.82%
Capital Employed £ (Millions) 31.36 31.32
Return on Capital Employed n/a
n/a		 n/a
n/a
Invested Equity Capital £ (Millions) 32.16 32.08
     
Earnings per Share - Basic 18.80p
21.36p		 23.40p
23.57p
Earnings per Share - Diluted 18.80p
21.36p		 23.40p
23.57p
Earnings per Share - Adjusted 18.80p 23.40p
Earnings per Share Growth - Basic -20%
-9%		 n/a
n/a
Earnings per Share Growth - Diluted -20%
-9%		 n/a
n/a
Earnings per Share Growth - Adjusted -20% n/a
PE Ratio - Diluted 22.0
19.3		 16.2
16.1
PEG - Diluted n/a
n/a		 n/a
n/a
Tax Rate 34.02% 33.25%
Dividend Cover 0.82
0.93		 1.06
1.07
Interest Cover n/a
n/a		 n/a
n/a
     
Continuing & Discontinued Operations    
Earnings per Share - Basic 25.00p
27.32p		 23.40p
23.57p
Earnings per Share - Diluted 25.00p
27.32p		 23.40p
23.57p
Earnings per Share - Adjusted 25.00p 23.40p
Earnings per Share Growth - Basic 7%
16%		 n/a
n/a
Earnings per Share Growth - Diluted 7%
16%		 n/a
n/a
Earnings per Share Growth - Adjusted 7% n/a
PE Ratio - Diluted 16.5
15.1		 16.2
16.1
PEG - Diluted 2.4
0.9		 n/a
n/a
Dividend Cover 1.09
1.19		 1.06
1.07
Return on Equity (ROE) 11.65%
12.74%		 10.93%
11.02%
Operating Cash Flow per Share 327.81p 188.63p
Gross Cash Flow per Share cn/a cn/a
Cash Incr/Decr per Share 206.72p 183.58p
Capital Expenditure per Share n/a n/a
Dividend per Share 23.00p 22.00p
Dividend per Share Growth 4.55% n/a
Dividend Yield 5.6% 5.8%
Shareholders Funds 32.03 32.00
Net Borrowings £ (Millions) (73.77) (0.23)
Net Asset Value per Share (inc. Intangibles) 194.10p 193.96p

  £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-Dec-10 31-Dec-09
Shareholders' Funds inc Intangibles 32.03 32.00
Net Borrowings £ (Millions) (73.77) (0.23)
Net Gearing n/a n/a
Cash & Near Cash 73.77 0.23
Cash 230.32% 0.72%
Gross Borrowings n/a n/a
Gross Gearing n/a n/a
Borrowings Under 5 years n/a n/a
Under 5 years n/a n/a
Borrowings Under 1 year n/a n/a
Under 1 year n/a n/a

  £ (Millions) £ (Millions)
Gearing - exc Intangibles 31-Dec-10 31-Dec-09
Shareholders' Funds exc Intangibles 29.11 29.09
Net Borrowings £ (Millions) (73.77) (0.23)
Net Gearing n/a n/a
Cash & Near Cash 73.77 0.23
Cash 253.38% 0.79%
Gross Borrowings n/a n/a
Gross Gearing n/a n/a
Borrowings Under 5 years n/a n/a
Under 5 years n/a n/a
Borrowings Under 1 year n/a n/a
Under 1 year n/a n/a

  £ (Millions) £ (Millions)
Cover 31-Dec-10 31-Dec-09
Quick Ratio n/a n/a
Current Ratio n/a n/a

Key

* GAAP

a. Includes discontinued activities

b. Based on operating cash flow before tax

c. Not disclosed under IFRS

d. Includes non-current assets

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: Normalised ratios are shown in blue text

Note 6: Forecast figures based on normalised accounts.

 

Top of Page