Rotork (ROR)

Sector:

Engineering

Index:

FTSE 250

336.40p
   
  • Change Today:
      10.80p
  • 52 Week High: 343.80p
  • 52 Week Low: 281.00p
  • Currency: UK Pounds
  • Shares Issued: 855.62m
  • Volume: 1,445,484
  • Market Cap: £2,878.31m
  • RiskGrade: 137

Key Financials

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Growth Metrics 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Annualisation Factor 1.0 1.0 n/a 1.0 1.0
Dividend Yield 2.2% 2.2% 1.8% 3.2% 0.7%
           
Continuing Operations          
PE Ratio - Adjusted 22.2 24.1 31.6 25.4 25.8
PE Ratio - Diluted 24.5
22.5		 28.4
25.7		 38.8
33.2		 32.4
27.4		 31.0
30.9
PEG - Adjusted 1.5 2.0 n/a n/a 8.6
PEG - Diluted 1.1
1.1		 1.7
2.3		 n/a
n/a		 n/a
3.9		 10.3
30.9
Return on Capital Employed 39.50%
43.11%		 34.76%
38.30%		 0.35%
0.40%		 33.72%
37.50%		 42.92%
42.31%
Operating Margin 20.69%
22.58%		 19.26%
21.22%		 18.57%
19.43%		 18.71%
21.24%		 18.98%
19.01%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 22.2 24.1 3,131.6 25.4 25.8
PE Ratio - Diluted 24.5
22.5		 28.4
25.7		 3,846.4
3,236.5		 32.4
27.4		 31.0
30.9
PEG - Adjusted 1.5 0.0 n/a n/a 0.1
PEG - Diluted 1.1
1.1		 0.0
0.0		 n/a
n/a		 n/a
3.9		 0.1
0.1

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Gearing (21.66%) (18.00%) (21.37%) (31.20%) (19.66%)

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Value Metrics 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Price/Book Value 7.7 7.7 10.7 8.6 10.5
Price/Tangible Book Value 7.8 7.7 10.7 8.6 10.5
Price/ Cash Flow 22.3 44.3 36.3 21.7 18.9
Price/Revenue 3.87 4.10 540.58 4.59 4.36
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 41.83p 39.74p 33.54p 36.95p 31.77p
Net Cash per Share n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Annualised Fundamentals 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 719.15 641.81 5.75 604.54 669.34
EBITDA 166.48
180.07		 147.03
159.61		 1.33
1.38		 146.15
161.48		 127.01
127.26
Depreciation (17.71)
(17.71)		 (23.42)
(23.42)		 (0.27)
(0.27)		 (33.05)
(33.05)		 n/a
n/a
Net Interest 1.87
1.87		 0.50
0.50		 n/a
n/a		 (0.54)
(0.54)		 (2.95)
(2.95)
Profit Before Tax 150.64
164.24		 124.10
136.69		 1.07
1.20		 112.57
127.90		 124.06
124.30
           
Revenue per Share 83.69p 74.72p 0.66p 69.36p 76.92p
Pre-Tax Profit per Share 17.53p
19.11p		 14.45p
15.91p		 0.12p
0.14p		 12.91p
14.67p		 14.26p
14.28p
Market Capitalisation £ (Millions) 2,786.85 2,639.12 3,118.21 2,771.06 2,915.30
Enterprise Value (EV) £ (Millions) 2,793.94 2,639.81 3,113.20 2,744.46 2,892.26
EBITDA/EV 5.96%
6.45%		 5.57%
6.05%		 0.04%
0.04%		 5.33%
5.88%		 4.39%
4.40%
Operating Margin 20.69%
22.58%		 19.26%
21.22%		 18.57%
19.43%		 18.71%
21.24%		 18.98%
19.01%
Capital Employed £ (Millions) 376.67 355.63 304.06 342.49 300.75
Return on Capital Employed 39.50%
43.11%		 34.76%
38.30%		 0.35%
0.40%		 33.72%
37.50%		 42.92%
42.31%
Invested Equity Capital £ (Millions) 625.83 593.95 537.22 582.03 552.11
           
Earnings per Share - Basic 13.20p
14.38p		 10.90p
11.91p		 9.20p
10.77p		 9.80p
11.60p		 10.80p
10.84p
Earnings per Share - Diluted 13.20p
14.38p		 10.80p
11.91p		 9.20p
10.75p		 9.80p
11.60p		 10.80p
10.83p
Earnings per Share - Adjusted 14.60p 12.70p 11.30p 12.50p 13.00p
Earnings per Share Growth - Basic 21%
21%		 18%
11%		 -6%
-7%		 -9%
7%		 3%
0%
Earnings per Share Growth - Diluted 22%
21%		 17%
11%		 -6%
-7%		 -9%
7%		 3%
1%
Earnings per Share Growth - Adjusted 15% 12% -10% -4% 3%
PE Ratio - Diluted 24.5
22.5		 28.4
25.7		 38.8
33.2		 32.4
27.4		 31.0
30.9
PEG - Diluted 1.1
1.1		 1.7
2.3		 n/a
n/a		 n/a
3.9		 10.3
30.9
Tax Rate 24.66% 24.90% 24.25% 23.82% 24.15%
Dividend Cover 2.03
2.00		 1.90
1.78		 1.77
1.68		 1.23
1.14		 5.65
4.71
Interest Cover 44.92
48.88		 49.59
54.52		 48.70
54.71		 39.41
44.64		 25.61
25.66
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 13.20p
14.38p		 10.90p
11.91p		 0.093p
0.11p		 9.80p
11.60p		 10.80p
10.84p
Earnings per Share - Diluted 13.20p
14.38p		 10.80p
11.91p		 0.093p
0.11p		 9.80p
11.60p		 10.80p
10.83p
Earnings per Share - Adjusted 14.60p 12.70p 0.11p 12.50p 13.00p
Earnings per Share Growth - Basic 21%
21%		 11,638%
10,683%		 -99%
-99%		 -9%
7%		 312%
301%
Earnings per Share Growth - Diluted 22%
21%		 11,530%
10,696%		 -99%
-99%		 -9%
7%		 312%
303%
Earnings per Share Growth - Adjusted 15% 11,034% -99% -4% 313%
PE Ratio - Diluted 24.5
22.5		 28.4
25.7		 3,846.4
3,236.5		 32.4
27.4		 31.0
30.9
PEG - Diluted 1.1
1.1		 0.0
0.0		 n/a
n/a		 n/a
3.9		 0.1
0.1
Dividend Cover 2.03
2.00		 1.90
1.78		 0.02
0.02		 1.23
1.14		 5.65
4.71
Return on Equity (ROE) 18.13%
19.74%		 15.69%
17.23%		 0.15%
0.18%		 14.73%
17.37%		 17.04%
17.09%
Operating Cash Flow per Share 14.54p 6.93p 9.83p 14.62p 17.75p
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share 4.26p (1.14p) (0.074p) 8.21p 1.24p
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 7.20p 6.70p 6.40p 10.20p 2.30p
Dividend per Share Growth 7.46% 4.69% (37.25%) 343.48% (61.02%)
Dividend Yield 2.2% 2.2% 1.8% 3.2% 0.7%
Shareholders Funds 620.59 588.48 534.08 570.75 539.40
Net Borrowings £ (Millions) (134.41) (105.93) (114.14) (178.05) (106.07)
Net Asset Value per Share (inc. Intangibles) 41.64p 39.57p 33.54p 36.95p 31.77p

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shareholders' Funds inc Intangibles 620.59 588.48 534.08 570.75 539.40
Net Borrowings £ (Millions) (134.41) (105.93) (114.14) (178.05) (106.07)
Net Gearing (21.66%) (18.00%) (21.37%) (31.20%) (19.66%)
Cash & Near Cash 146.37 114.77 123.47 187.20 117.61
Cash 23.59% 19.50% 23.12% 32.80% 21.80%
Gross Borrowings 11.96 8.84 9.34 9.15 11.54
Gross Gearing 1.93% 1.50% 1.75% 1.60% 2.14%
Borrowings Under 5 years 11.96 8.84 9.34 9.15 11.54
Under 5 years 1.93% 1.50% 1.75% 1.60% 2.14%
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-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shareholders' Funds exc Intangibles 357.76 339.90 291.58 322.07 276.50
Net Borrowings £ (Millions) (134.41) (105.93) (114.14) (178.05) (106.07)
Net Gearing (37.57%) (31.17%) (39.14%) (55.28%) (38.36%)
Cash & Near Cash 146.37 114.77 123.47 187.20 117.61
Cash 40.91% 33.77% 42.35% 58.12% 42.54%
Gross Borrowings 11.96 8.84 9.34 9.15 11.54
Gross Gearing 3.34% 2.60% 3.20% 2.84% 4.17%
Borrowings Under 5 years 11.96 8.84 9.34 9.15 11.54
Under 5 years 3.34% 2.60% 3.20% 2.84% 4.17%
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 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Quick Ratio 2.46 2.49 2.38 2.76 2.18
Current Ratio 3.09 3.27 2.99 3.26 2.75

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.

 

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