£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Growth Metrics | 30-Apr-23 | 01-May-22 | 02-May-21 | 26-Apr-20 | 28-Apr-19 |
Annualisation Factor | 1.0 | 1.0 | n/a | 1.0 | 1.0 |
Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Continuing Operations | |||||
PE Ratio - Adjusted | 16.1 | 24.0 | 30.3 | 13.0 | n/a |
PE Ratio - Diluted | 16.3 16.2 |
24.3 24.1 |
34.7 28.5 |
1,060.0 13.2 |
n/a n/a |
PEG - Adjusted | 0.8 | 0.3 | 0.6 | 0.3 | n/a |
PEG - Diluted | 0.8 0.8 |
0.2 0.4 |
0.0 0.5 |
n/a 0.3 |
n/a n/a |
Return on Capital Employed | 22.10% 22.10% |
22.14% 22.31% |
0.16% 0.18% |
8.72% 11.77% |
20.84% 23.76% |
Operating Margin | 11.53% 11.58% |
11.48% 11.57% |
9.05% 10.08% |
5.96% 8.04% |
5.88% 6.70% |
Continuing & Discontinued Operations | |||||
PE Ratio - Adjusted | 16.1 | 24.0 | 3,000.2 | 13.0 | n/a |
PE Ratio - Diluted | 16.3 16.2 |
24.3 24.1 |
3,441.0 2,827.4 |
1,060.0 13.2 |
n/a n/a |
PEG - Adjusted | 0.8 | 0.0 | n/a | 0.3 | n/a |
PEG - Diluted | 0.8 0.8 |
0.0 0.0 |
573.5 n/a |
n/a 0.4 |
n/a n/a |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Gearing | 30-Apr-23 | 01-May-22 | 02-May-21 | 26-Apr-20 | 28-Apr-19 |
Net Gearing | 83.95% | 97.79% | 137.10% | 217.88% | 303.76% |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Value Metrics | 30-Apr-23 | 01-May-22 | 02-May-21 | 26-Apr-20 | 28-Apr-19 |
Price/Book Value | 7.3 | 13.7 | 17.6 | 11.1 | n/a |
Price/Tangible Book Value | 7.3 | 13.7 | 17.6 | 11.1 | n/a |
Price/ Cash Flow | 9.3 | 14.4 | 10.2 | 5.2 | n/a |
Price/Revenue | 1.28 | 1.98 | 192.09 | 0.61 | n/a |
Price/R&D | n/a | n/a | n/a | n/a | n/a |
Net Asset Value per Share (exc. Intangibles) | 113.15p | 74.37p | 41.63p | 19.14p | (28.11p) |
Net Cash per Share | n/a | n/a | n/a | n/a | n/a |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Annualised Fundamentals | 30-Apr-23 | 01-May-22 | 02-May-21 | 26-Apr-20 | 28-Apr-19 |
Continuing Operations | |||||
Revenue | 1,542.80 | 1,238.00 | 9.14 | 810.51 | 773.52 |
EBITDA | 263.70 264.40 |
212.80 213.90 |
1.48 1.57 |
102.37 119.22 |
45.49 51.84 |
Depreciation | (85.80) (85.80) |
(70.70) (70.70) |
(0.65) (0.65) |
(54.08) (54.08) |
n/a n/a |
Net Interest | (23.10) (22.50) |
(15.90) (15.90) |
(0.18) (0.18) |
(46.80) (18.31) |
(25.37) (25.37) |
Profit Before Tax | 154.80 156.10 |
126.20 127.30 |
0.64 0.74 |
1.49 46.83 |
20.12 26.47 |
Revenue per Share | 649.22p | 516.95p | 3.82p | 346.71p | 425.01p |
Pre-Tax Profit per Share | 65.14p 65.69p |
52.70p 53.16p |
0.27p 0.31p |
0.64p 20.03p |
11.05p 14.54p |
Market Capitalisation £ (Millions) | 1,992.03 | 2,446.01 | 1,755.21 | 507.65 | n/a |
Enterprise Value (EV) £ (Millions) | 2,519.83 | 2,904.61 | 2,172.58 | 1,009.09 | 267.10 |
EBITDA/EV | 10.47% 10.49% |
7.33% 7.36% |
0.07% 0.07% |
10.14% 11.81% |
17.03% 19.41% |
Operating Margin | 11.53% 11.58% |
11.48% 11.57% |
9.05% 10.08% |
5.96% 8.04% |
5.88% 6.70% |
Capital Employed £ (Millions) | 808.30 | 641.80 | 521.39 | 553.63 | 218.20 |
Return on Capital Employed | 22.10% 22.10% |
22.14% 22.31% |
0.16% 0.18% |
8.72% 11.77% |
20.84% 23.76% |
Invested Equity Capital £ (Millions) | 478.30 | 365.80 | 252.78 | 200.75 | 78.83 |
Earnings per Share - Basic | 51.20p 51.80p |
42.20p 42.63p |
21.10p 25.78p |
0.20p 16.12p |
(1.00p) 11.08p |
Earnings per Share - Diluted | 50.90p 51.43p |
42.00p 42.44p |
21.10p 25.76p |
0.20p 16.12p |
7.60p 11.08p |
Earnings per Share - Adjusted | 51.50p | 42.60p | 24.20p | 16.30p | 11.80p |
Earnings per Share Growth - Basic | 21% 22% |
100% 65% |
10,450% 60% |
n/a 45% |
n/a 311% |
Earnings per Share Growth - Diluted | 21% 21% |
99% 65% |
10,450% 60% |
-97% 45% |
1,800% 311% |
Earnings per Share Growth - Adjusted | 21% | 76% | 48% | 38% | 337% |
PE Ratio - Diluted | 16.3 16.2 |
24.3 24.1 |
34.7 28.5 |
1,060.0 13.2 |
n/a n/a |
PEG - Diluted | 0.8 0.8 |
0.2 0.4 |
0.0 0.5 |
n/a 0.3 |
n/a n/a |
Tax Rate | 21.32% | 19.97% | 20.49% | 65.90% | 30.92% |
Dividend Cover | n/a n/a |
n/a n/a |
n/a n/a |
n/a n/a |
n/a n/a |
Interest Cover | 7.45 7.67 |
8.89 8.96 |
4.46 4.97 |
1.03 3.39 |
1.76 2.00 |
Continuing & Discontinued Operations | |||||
Earnings per Share - Basic | 51.20p 51.80p |
42.20p 42.63p |
0.21p 0.26p |
0.20p 16.12p |
(1.00p) 11.78p |
Earnings per Share - Diluted | 50.90p 51.43p |
42.00p 42.44p |
0.21p 0.26p |
0.20p 16.12p |
7.60p 11.78p |
Earnings per Share - Adjusted | 51.50p | 42.60p | 0.24p | 16.30p | 11.80p |
Earnings per Share Growth - Basic | 21% 22% |
19,710% 16,334% |
6% -98% |
n/a 37% |
n/a 1,857% |
Earnings per Share Growth - Diluted | 21% 21% |
19,616% 16,269% |
6% -98% |
-97% 37% |
1,167% 1,857% |
Earnings per Share Growth - Adjusted | 21% | 17,336% | -98% | 38% | 337% |
PE Ratio - Diluted | 16.3 16.2 |
24.3 24.1 |
3,441.0 2,827.4 |
1,060.0 13.2 |
n/a n/a |
PEG - Diluted | 0.8 0.8 |
0.0 0.0 |
573.5 n/a |
n/a 0.4 |
n/a n/a |
Dividend Cover | n/a n/a |
n/a n/a |
n/a n/a |
n/a n/a |
n/a n/a |
Return on Equity (ROE) | 25.47% 25.74% |
27.61% 27.91% |
0.20% 0.25% |
0.25% 18.77% |
(2.24%) 27.19% |
Operating Cash Flow per Share | 89.17p | 71.11p | 71.76p | 40.73p | 35.34p |
Gross Cash Flow per Share | cn/a | cn/a | cn/a | cn/a | cn/a |
Cash Incr/Decr per Share | 13.13p | 11.07p | 0.020p | 15.84p | (8.24p) |
Capital Expenditure per Share | n/a | n/a | n/a | n/a | n/a |
Dividend per Share | n/a | n/a | n/a | n/a | n/a |
Dividend per Share Growth | n/a | n/a | n/a | n/a | n/a |
Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Shareholders Funds | 469.30 | 361.30 | 250.32 | 199.54 | 76.56 |
Net Borrowings £ (Millions) | 394.00 | 353.30 | 343.18 | 434.75 | 232.56 |
Net Asset Value per Share (inc. Intangibles) | 113.15p | 74.37p | 41.63p | 19.14p | (28.11p) |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Gearing - inc Intangibles | 30-Apr-23 | 01-May-22 | 02-May-21 | 26-Apr-20 | 28-Apr-19 |
Shareholders' Funds inc Intangibles | 469.30 | 361.30 | 250.32 | 199.54 | 76.56 |
Net Borrowings £ (Millions) | 394.00 | 353.30 | 343.18 | 434.75 | 232.56 |
Net Gearing | 83.95% | 97.79% | 137.10% | 217.88% | 303.76% |
Cash & Near Cash | 136.40 | 105.90 | 76.08 | 72.93 | 34.54 |
Cash | 29.06% | 29.31% | 30.39% | 36.55% | 45.11% |
Gross Borrowings | 530.40 | 459.20 | 419.25 | 507.68 | 267.10 |
Gross Gearing | 113.02% | 127.10% | 167.49% | 254.42% | 348.88% |
Borrowings Under 5 years | 530.40 | 459.20 | 419.25 | 507.68 | 267.10 |
Under 5 years | 113.02% | 127.10% | 167.49% | 254.42% | 348.88% |
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 | 30-Apr-23 | 01-May-22 | 02-May-21 | 26-Apr-20 | 28-Apr-19 |
Shareholders' Funds exc Intangibles | 268.90 | 178.10 | 99.68 | 44.74 | (51.17) |
Net Borrowings £ (Millions) | 394.00 | 353.30 | 343.18 | 434.75 | 232.56 |
Net Gearing | 146.52% | 198.37% | 344.27% | 971.77% | n/a |
Cash & Near Cash | 136.40 | 105.90 | 76.08 | 72.93 | 34.54 |
Cash | 50.73% | 59.46% | 76.32% | 163.01% | (67.50%) |
Gross Borrowings | 530.40 | 459.20 | 419.25 | 507.68 | 267.10 |
Gross Gearing | 197.25% | 257.83% | 420.59% | 1,134.78% | 521.98% |
Borrowings Under 5 years | 530.40 | 459.20 | 419.25 | 507.68 | 267.10 |
Under 5 years | 197.25% | 257.83% | 420.59% | 1,134.78% | (521.98%) |
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) | |
Cover | 30-Apr-23 | 01-May-22 | 02-May-21 | 26-Apr-20 | 28-Apr-19 |
Quick Ratio | 0.57 | 0.50 | 0.46 | 0.33 | 0.41 |
Current Ratio | 1.88 | 1.72 | 1.66 | 1.24 | 1.59 |
* 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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