Sequoia Economic Infrastructure Income Fund Limited (SEQI)

Sector:

Investment Firms

Index:

FTSE 250

77.50p
   
  • Change Today:
    -0.50p
  • 52 Week High: 85.50
  • 52 Week Low: 71.00
  • Currency: UK Pounds
  • Shares Issued: 1,605.96m
  • Volume: 4,075,274
  • Market Cap: £1,244.62m
  • RiskGrade: 63

Key Financials

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Growth Metrics 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Annualisation Factor 1.0 1.0 n/a 1.0 1.0
Dividend Yield 8.2% 6.1% 6.0% 6.6% 5.3%
           
Continuing Operations          
PE Ratio - Adjusted n/a 29.0 8.3 n/a 15.1
PE Ratio - Diluted n/a
n/a		 29.0
28.9		 8.3
8.3		 n/a
n/a		 15.1
15.1
PEG - Adjusted n/a n/a n/a n/a n/a
PEG - Diluted n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
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 n/a
n/a		 67.61%
67.61%		 186.17%
186.17%		 (51.55%)
(51.55%)		 67.61%
67.61%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted n/a 29.0 818.0 n/a 15.1
PE Ratio - Diluted n/a
n/a		 29.0
28.9		 818.0
818.2		 n/a
n/a		 15.1
15.1
PEG - Adjusted n/a 0.0 n/a n/a n/a
PEG - Diluted n/a
n/a		 0.0
0.0		 n/a
n/a		 n/a
n/a		 n/a
n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Net Gearing 10.78% 6.34% 3.51% (0.16%) 7.87%

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Value Metrics 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Price/Book Value 0.9 n/a 1.0 0.8 1.0
Price/Tangible Book Value 0.9 1.0 1.0 0.8 1.0
Price/ Cash Flow 15.9 28.3 (24.1) (2.6) (3.3)
Price/Revenue n/a 18.25 1,494.07 10.57 9.74
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 92.24p 103,203,287.15p 109.31p 123.22p 118.56p
Net Cash per Share n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Annualised Fundamentals 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
Revenue n/a 99.45 1.16 115.45 107.00
EBITDA (8.41)
(8.41)		 67.24
67.24		 2.16
2.16		 (59.51)
(59.51)		 72.34
72.34
Depreciation n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Net Interest (9.53)
(9.53)		 (4.52)
(4.52)		 (0.04)
(0.04)		 (5.85)
(5.85)		 (3.17)
(3.17)
Profit Before Tax (17.95)
(17.95)		 62.72
62.72		 2.12
2.12		 (65.36)
(65.36)		 69.17
69.17
           
Revenue per Share n/a 5.63p 0.070p 8.89p 11.56p
Pre-Tax Profit per Share (1.02p)
(1.02p)		 3.55p
3.55p		 0.13p
0.13p		 (5.03p)
(5.03p)		 7.48p
7.48p
Market Capitalisation £ (Millions) 1,394.79 1,817.75 1,837.17 1,555.39 1,195.46
Enterprise Value (EV) £ (Millions) 1,553.33 1,921.58 1,869.56 1,583.76 1,298.74
EBITDA/EV (0.54%)
(0.54%)		 3.50%
3.50%		 0.12%
0.12%		 (3.76%)
(3.76%)		 5.57%
5.57%
Operating Margin n/a
n/a		 67.61%
67.61%		 186.17%
186.17%		 (51.55%)
(51.55%)		 67.61%
67.61%
Capital Employed £ (Millions) 1,799.64 1,822,486,521.37 1,903.02 1,634.87 1,211.00
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) 1,617.85 1,777.04 1,819.13 1,599.87 1,097.14
           
Earnings per Share - Basic (1.02p)
(1.02p)		 3.55p
3.55p		 12.62p
12.62p		 (5.03p)
(5.03p)		 7.48p
7.48p
Earnings per Share - Diluted (1.02p)
(1.02p)		 3.55p
3.55p		 12.62p
12.62p		 (5.03p)
(5.03p)		 7.48p
7.48p
Earnings per Share - Adjusted (1.02)p 3.55p 12.62p (5.03)p 7.48p
Earnings per Share Growth - Basic n/a
n/a		 -72%
-72%		 n/a
n/a		 n/a
n/a		 n/a
n/a
Earnings per Share Growth - Diluted n/a
n/a		 -72%
-72%		 n/a
n/a		 n/a
n/a		 n/a
n/a
Earnings per Share Growth - Adjusted n/a -72% n/a n/a n/a
PE Ratio - Diluted n/a
n/a		 29.0
28.9		 8.3
8.3		 n/a
n/a		 15.1
15.1
PEG - Diluted n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Tax Rate n/a n/a n/a n/a n/a
Dividend Cover (0.16)
(0.16)		 0.57
0.57		 2.02
2.02		 (0.80)
(0.81)		 1.25
1.25
Interest Cover (0.88)
(0.88)		 14.87
14.87		 52.27
52.27		 (10.17)
(10.17)		 22.80
22.80
           
Continuing & Discontinued Operations          
Earnings per Share - Basic (1.02p)
(1.02p)		 3.55p
3.55p		 0.13p
0.13p		 (5.03p)
(5.03p)		 7.48p
7.48p
Earnings per Share - Diluted (1.02p)
(1.02p)		 3.55p
3.55p		 0.13p
0.13p		 (5.03p)
(5.03p)		 7.48p
7.48p
Earnings per Share - Adjusted (1.02p) 3.55p 0.13p (5.03p) 7.48p
Earnings per Share Growth - Basic n/a
n/a		 2,687%
2,689%		 n/a
n/a		 n/a
n/a		 n/a
n/a
Earnings per Share Growth - Diluted n/a
n/a		 2,687%
2,689%		 n/a
n/a		 n/a
n/a		 n/a
n/a
Earnings per Share Growth - Adjusted n/a 2,687% n/a n/a n/a
PE Ratio - Diluted n/a
n/a		 29.0
28.9		 818.0
818.2		 n/a
n/a		 15.1
15.1
PEG - Diluted n/a
n/a		 0.0
0.0		 n/a
n/a		 n/a
n/a		 n/a
n/a
Dividend Cover (0.16)
(0.16)		 0.57
0.57		 0.02
0.02		 (0.80)
(0.81)		 1.25
1.25
Return on Equity (ROE) (1.11%)
(1.11%)		 3.53%
3.53%		 0.12%
0.12%		 (4.09%)
(4.09%)		 6.30%
6.30%
Operating Cash Flow per Share 5.07p 3.63p (4.33p) (36.29p) (33.86p)
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share (0.093p) (0.64p) (0.010p) 0.68p 2.78p
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 6.56p 6.25p 6.25p 6.25p 6.00p
Dividend per Share Growth 5.00% n/a n/a 4.17% n/a
Dividend Yield 8.2% 6.1% 6.0% 6.6% 5.3%
Shareholders Funds 1,617.85 1,777.04 1,819.13 1,599.87 1,097.14
Net Borrowings £ (Millions) 174.43 112.61 63.88 (2.58) 86.25
Net Asset Value per Share (inc. Intangibles) 92.24p 100.63p 109.31p 123.22p 118.58p

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Shareholders' Funds inc Intangibles 1,617.85 1,777.04 1,819.13 1,599.87 1,097.14
Net Borrowings £ (Millions) 174.43 112.61 63.88 (2.58) 86.25
Net Gearing 10.78% 6.34% 3.51% (0.16%) 7.87%
Cash & Near Cash 7.36 8.76 20.02 37.58 27.63
Cash 0.46% 0.49% 1.10% 2.35% 2.52%
Gross Borrowings 181.79 121.37 83.89 35.00 113.88
Gross Gearing 11.24% 6.83% 4.61% 2.19% 10.39%
Borrowings Under 5 years 181.79 121.37 83.89 35.00 113.88
Under 5 years 11.24% 6.83% 4.61% 2.19% 10.38%
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-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Shareholders' Funds exc Intangibles 1,617.85 1,777.04 1,819.13 1,599.87 1,097.14
Net Borrowings £ (Millions) 174.43 112.61 63.88 (2.58) 86.25
Net Gearing 10.78% 6.34% 3.51% (0.16%) 7.87%
Cash & Near Cash 7.36 8.76 20.02 37.58 27.63
Cash 0.46% 0.49% 1.10% 2.35% 2.52%
Gross Borrowings 181.79 121.37 83.89 35.00 113.88
Gross Gearing 11.24% 6.83% 4.61% 2.19% 10.39%
Borrowings Under 5 years 181.79 121.37 83.89 35.00 113.88
Under 5 years 11.24% 6.83% 4.61% 2.19% 10.38%
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-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Quick Ratio n/a n/a n/a n/a n/a
Current Ratio 0.34 2.85 1.98 1.56 0.83

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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