Tyman (TYMN)

Sector:

Construction and Building Materials

Index:

FTSE 250

360.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 396.50
  • 52 Week Low: 236.00
  • Currency: UK Pounds
  • Shares Issued: 196.32m
  • Volume: 1,250,659
  • Market Cap: £706.76m

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 0.1
Dividend Yield 4.4% 6.1% 0.7% 1.1% 1.4%
           
Continuing Operations          
PE Ratio - Adjusted 10.4 6.5 12.4 12.9 9.9
PE Ratio - Diluted 16.1
10.5		 9.2
6.5		 15.8
12.4		 18.4
12.9		 30.0
10.7
PEG - Adjusted n/a 0.8 0.7 n/a 0.0
PEG - Diluted n/a
n/a		 n/a
0.9		 0.5
0.7		 0.2
1.8		 0.0
0.0
Return on Capital Employed 20.31%
28.74%		 20.70%
28.13%		 0.25%
0.32%		 23.47%
31.64%		 1.79%
2.74%
Operating Margin 9.15%
12.96%		 10.02%
13.43%		 11.50%
14.35%		 10.42%
14.05%		 6.60%
10.09%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 10.4 6.5 1,233.0 12.9 89.0
PE Ratio - Diluted 16.1
10.5		 9.2
6.5		 1,564.3
1,235.9		 18.4
12.9		 270.2
96.7
PEG - Adjusted n/a 0.0 n/a 0.0 n/a
PEG - Diluted n/a
n/a		 0.0
0.0		 n/a
n/a		 0.0
0.0		 n/a
n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Gearing 31.91% 32.40% 30.22% 34.57% 53.52%

  £ (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 10.2 5.2 14.9 (235.8) (9.0)
Price/Tangible Book Value 10.2 5.2 14.9 (235.8) (9.0)
Price/ Cash Flow 5.6 7.2 13.7 7.1 5.4
Price/Revenue 0.93 0.61 121.65 1.19 7.76
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 30.82p 43.56p 26.77p (1.49p) (30.27p)
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 657.60 715.50 6.42 572.80 68.15
EBITDA 96.40
107.30		 110.80
117.00		 1.11
1.30		 100.40
102.40		 9.39
11.77
Depreciation (36.20)
(22.10)		 (39.10)
(20.90)		 (0.38)
(0.38)		 (40.70)
(21.90)		 (4.90)
(4.90)
Net Interest (10.20)
(10.20)		 (10.30)
(10.30)		 (0.09)
(0.09)		 (12.10)
(12.10)		 (1.74)
(1.74)
Profit Before Tax 50.00
75.00		 61.40
85.80		 0.65
0.83		 47.60
68.40		 2.75
5.13
           
Revenue per Share 337.23p 368.44p 3.28p 293.59p 34.97p
Pre-Tax Profit per Share 25.64p
38.46p		 31.62p
44.18p		 0.33p
0.42p		 24.40p
35.06p		 1.41p
2.63p
Market Capitalisation £ (Millions) 618.94 443.78 786.22 689.65 534.21
Enterprise Value (EV) £ (Millions) 848.04 693.88 1,009.02 912.55 806.01
EBITDA/EV 11.37%
12.65%		 15.97%
16.86%		 0.11%
0.13%		 11.00%
11.22%		 1.17%
1.46%
Operating Margin 9.15%
12.96%		 10.02%
13.43%		 11.50%
14.35%		 10.42%
14.05%		 6.60%
10.09%
Capital Employed £ (Millions) 296.40 341.60 292.00 254.40 251.20
Return on Capital Employed 20.31%
28.74%		 20.70%
28.13%		 0.25%
0.32%		 23.47%
31.64%		 1.79%
2.74%
Invested Equity Capital £ (Millions) 533.90 551.40 499.30 477.50 454.70
           
Earnings per Share - Basic 19.00p
30.05p		 24.60p
34.66p		 25.40p
32.40p		 19.10p
27.22p		 9.08p
25.40p
Earnings per Share - Diluted 19.50p
29.84p		 24.50p
34.48p		 25.30p
32.28p		 19.00p
27.12p		 9.05p
25.29p
Earnings per Share - Adjusted 30.10p 34.70p 32.10p 27.20p 27.46p
Earnings per Share Growth - Basic -23%
-13%		 -3%
7%		 33%
19%		 110%
7%		 705%
1,395%
Earnings per Share Growth - Diluted -20%
-14%		 -3%
7%		 33%
19%		 110%
7%		 717%
1,411%
Earnings per Share Growth - Adjusted -13% 8% 18% -1% 219%
PE Ratio - Diluted 16.1
10.5		 9.2
6.5		 15.8
12.4		 18.4
12.9		 30.0
10.7
PEG - Diluted n/a
n/a		 n/a
0.9		 0.5
0.7		 0.2
1.8		 0.0
0.0
Tax Rate 23.60% 22.15% 22.50% 21.85% 28.63%
Dividend Cover 2.20
2.19		 2.53
2.53		 11.07
11.17		 6.80
6.80		 7.04
6.51
Interest Cover 4.68
6.51		 6.96
9.33		 8.03
10.02		 4.84
6.52		 2.58
3.94
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 19.00p
30.05p		 24.60p
34.66p		 0.26p
0.32p		 19.10p
27.22p		 1.01p
2.82p
Earnings per Share - Diluted 19.50p
29.84p		 24.50p
34.48p		 0.26p
0.32p		 19.00p
27.12p		 1.00p
2.81p
Earnings per Share - Adjusted 30.10p 34.70p 0.32p 27.20p 3.05p
Earnings per Share Growth - Basic -23%
-13%		 9,495%
10,582%		 -99%
-99%		 1,794%
865%		 -81%
-53%
Earnings per Share Growth - Diluted -20%
-14%		 9,494%
10,566%		 -99%
-99%		 1,791%
866%		 -81%
-52%
Earnings per Share Growth - Adjusted -13% 10,609% -99% 792% -76%
PE Ratio - Diluted 16.1
10.5		 9.2
6.5		 1,564.3
1,235.9		 18.4
12.9		 270.2
96.7
PEG - Diluted n/a
n/a		 0.0
0.0		 n/a
n/a		 0.0
0.0		 n/a
n/a
Dividend Cover 2.20
2.19		 2.53
2.53		 0.11
0.11		 6.80
6.80		 0.78
0.72
Return on Equity (ROE) 7.15%
10.98%		 8.67%
12.21%		 0.10%
0.13%		 7.79%
11.12%		 0.43%
1.21%
Operating Cash Flow per Share 55.80p 31.20p 29.17p 49.15p 49.82p
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share (6.26p) (1.54p) (0.059p) 10.56p (0.051p)
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 13.70p 13.70p 2.90p 4.00p 3.90p
Dividend per Share Growth n/a 372.41% (27.50%) 2.56% 98.92%
Dividend Yield 4.4% 6.1% 0.7% 1.1% 1.4%
Shareholders Funds 525.60 541.60 482.40 443.10 416.30
Net Borrowings £ (Millions) 167.70 175.50 145.80 153.20 222.80
Net Asset Value per Share (inc. Intangibles) 30.82p 43.56p 26.77p (1.49p) (30.27p)

  £ (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 525.60 541.60 482.40 443.10 416.30
Net Borrowings £ (Millions) 167.70 175.50 145.80 153.20 222.80
Net Gearing 31.91% 32.40% 30.22% 34.57% 53.52%
Cash & Near Cash 63.70 74.60 77.00 69.70 49.00
Cash 12.12% 13.77% 15.96% 15.73% 11.77%
Gross Borrowings 231.40 250.10 222.80 222.90 271.80
Gross Gearing 44.03% 46.18% 46.19% 50.30% 65.29%
Borrowings Under 5 years 231.40 250.10 222.80 222.90 271.80
Under 5 years 44.03% 46.18% 46.19% 50.30% 65.29%
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 60.10 84.60 52.30 (2.90) (59.00)
Net Borrowings £ (Millions) 167.70 175.50 145.80 153.20 222.80
Net Gearing 279.04% 207.45% 278.78% n/a n/a
Cash & Near Cash 63.70 74.60 77.00 69.70 49.00
Cash 105.99% 88.18% 147.23% (2,403.45%) (83.05%)
Gross Borrowings 231.40 250.10 222.80 222.90 271.80
Gross Gearing 385.03% 295.63% 426.00% 7,686.22% 460.68%
Borrowings Under 5 years 231.40 250.10 222.80 222.90 271.80
Under 5 years 385.03% 295.63% 426.00% (7,686.22%) (460.68%)
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 0.91 1.32 1.09 1.03 1.24
Current Ratio 1.62 2.62 2.03 1.64 2.12

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: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Normalised ratios are shown in blue text

Note 5: Forecast figures based on normalised accounts.

 

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