£ (Millions) | £ (Millions) | £ (Millions) | |
Growth Metrics | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 |
Annualisation Factor | 1.0 | 1.0 | 1.0 |
Dividend Yield | 0.0% | 0.0% | 0.0% |
Continuing Operations | |||
PE Ratio - Adjusted | n/a | n/a | n/a |
PE Ratio - Diluted | n/a n/a |
n/a n/a |
n/a n/a |
PEG - Adjusted | n/a | n/a | n/a |
PEG - Diluted | n/a n/a |
n/a n/a |
n/a n/a |
Return on Capital Employed | 13.91% 11.72% |
16.25% 13.34% |
22.13% 18.68% |
Operating Margin | 10.59% 8.92% |
12.63% 10.37% |
15.57% 13.14% |
Continuing & Discontinued Operations | |||
PE Ratio - Adjusted | n/a | n/a | n/a |
PE Ratio - Diluted | n/a n/a |
n/a n/a |
n/a n/a |
PEG - Adjusted | n/a | n/a | n/a |
PEG - Diluted | n/a n/a |
n/a n/a |
n/a n/a |
£ (Millions) | £ (Millions) | £ (Millions) | |
Gearing | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 |
Net Gearing | 44.27% | 57.42% | 85.33% |
£ (Millions) | £ (Millions) | £ (Millions) | |
Value Metrics | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 |
Price/Book Value | n/a | n/a | n/a |
Price/Tangible Book Value | n/a | n/a | n/a |
Price/ Cash Flow | n/a | n/a | n/a |
Price/Revenue | n/a | n/a | n/a |
Price/R&D | n/a | n/a | n/a |
Net Asset Value per Share (exc. Intangibles) | 124.30p | 106.86p | 86.57p |
Net Cash per Share | n/a | n/a | n/a |
£ (Millions) | £ (Millions) | £ (Millions) | |
Annualised Fundamentals | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 |
Continuing Operations | |||
Revenue | 140.96 | 134.16 | 157.47 |
EBITDA | 34.44 32.09 |
37.17 34.14 |
44.40 40.57 |
Depreciation | (19.52) (19.52) |
(20.22) (20.22) |
(19.87) (19.87) |
Net Interest | (2.69) (2.69) |
(2.60) (2.60) |
(3.69) (3.69) |
Profit Before Tax | 12.23 9.89 |
14.34 11.31 |
20.83 17.01 |
Revenue per Share | 337.42p | 323.18p | 378.88p |
Pre-Tax Profit per Share | 29.29p 23.66p |
34.54p 27.24p |
50.13p 40.93p |
Market Capitalisation £ (Millions) | n/a | n/a | n/a |
Enterprise Value (EV) £ (Millions) | 46.02 | 49.71 | 66.39 |
EBITDA/EV | 74.84% 69.74% |
74.77% 68.67% |
66.87% 61.11% |
Operating Margin | 10.59% 8.92% |
12.63% 10.37% |
15.57% 13.14% |
Capital Employed £ (Millions) | 107.24 | 104.28 | 110.80 |
Return on Capital Employed | 13.91% 11.72% |
16.25% 13.34% |
22.13% 18.68% |
Invested Equity Capital £ (Millions) | 100.79 | 94.37 | 85.59 |
Earnings per Share - Basic | 23.42p 17.80p |
24.68p 17.38p |
36.41p 27.21p |
Earnings per Share - Diluted | 23.24p 17.66p |
24.36p 17.15p |
35.30p 26.38p |
Earnings per Share - Adjusted | 26.10p | 27.57p | 36.41p |
Earnings per Share Growth - Basic | -5% 2% |
-32% -36% |
n/a n/a |
Earnings per Share Growth - Diluted | -5% 3% |
-31% -35% |
n/a n/a |
Earnings per Share Growth - Adjusted | -5% | -24% | n/a |
PE Ratio - Diluted | n/a n/a |
n/a n/a |
n/a n/a |
PEG - Diluted | n/a n/a |
n/a n/a |
n/a n/a |
Tax Rate | 20.03% | 28.55% | 27.36% |
Dividend Cover | 2.42 1.65 |
2.55 1.61 |
3.37 2.52 |
Interest Cover | 5.55 4.68 |
6.47 5.31 |
6.61 5.58 |
Continuing & Discontinued Operations | |||
Earnings per Share - Basic | 23.42p 17.80p |
24.68p 17.38p |
36.41p 27.21p |
Earnings per Share - Diluted | 23.24p 17.66p |
24.36p 17.15p |
35.30p 26.38p |
Earnings per Share - Adjusted | 26.10p | 27.57p | 36.41p |
Earnings per Share Growth - Basic | -5% 2% |
-32% -36% |
n/a n/a |
Earnings per Share Growth - Diluted | -5% 3% |
-31% -35% |
n/a n/a |
Earnings per Share Growth - Adjusted | -5% | -24% | n/a |
PE Ratio - Diluted | n/a n/a |
n/a n/a |
n/a n/a |
PEG - Diluted | n/a n/a |
n/a n/a |
n/a n/a |
Dividend Cover | 2.42 1.65 |
2.55 1.61 |
3.37 2.52 |
Return on Equity (ROE) | 9.71% 7.38% |
10.86% 7.64% |
17.68% 13.21% |
Operating Cash Flow per Share | 67.22p | 72.48p | 60.77p |
Gross Cash Flow per Share | cn/a | cn/a | cn/a |
Cash Incr/Decr per Share | 9.77p | 1.95p | (10.36p) |
Capital Expenditure per Share | n/a | n/a | n/a |
Dividend per Share | 10.80p | 10.80p | 10.80p |
Dividend per Share Growth | n/a | n/a | n/a |
Dividend Yield | 0.0% | 0.0% | 0.0% |
Shareholders Funds | 91.50 | 84.16 | 77.15 |
Net Borrowings £ (Millions) | 40.51 | 48.33 | 65.84 |
Net Asset Value per Share (inc. Intangibles) | 124.24p | 106.79p | 86.51p |
£ (Millions) | £ (Millions) | £ (Millions) | |
Gearing - inc Intangibles | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 |
Shareholders' Funds inc Intangibles | 91.50 | 84.16 | 77.15 |
Net Borrowings £ (Millions) | 40.51 | 48.33 | 65.84 |
Net Gearing | 44.27% | 57.42% | 85.33% |
Cash & Near Cash | 5.51 | 1.38 | 0.55 |
Cash | 6.02% | 1.65% | 0.71% |
Gross Borrowings | 46.02 | 49.71 | 66.39 |
Gross Gearing | 50.30% | 59.07% | 86.05% |
Borrowings Under 5 years | 46.02 | 49.71 | 66.39 |
Under 5 years | 50.30% | 59.07% | 86.05% |
Borrowings Under 1 year | n/a | n/a | n/a |
Under 1 year | n/a | n/a | n/a |
£ (Millions) | £ (Millions) | £ (Millions) | |
Gearing - exc Intangibles | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 |
Shareholders' Funds exc Intangibles | 51.90 | 44.33 | 35.96 |
Net Borrowings £ (Millions) | 40.51 | 48.33 | 65.84 |
Net Gearing | 78.05% | 109.00% | 183.11% |
Cash & Near Cash | 5.51 | 1.38 | 0.55 |
Cash | 10.61% | 3.12% | 1.53% |
Gross Borrowings | 46.02 | 49.71 | 66.39 |
Gross Gearing | 88.67% | 112.13% | 184.64% |
Borrowings Under 5 years | 46.02 | 49.71 | 66.39 |
Under 5 years | 88.67% | 112.13% | 184.64% |
Borrowings Under 1 year | n/a | n/a | n/a |
Under 1 year | n/a | n/a | n/a |
£ (Millions) | £ (Millions) | £ (Millions) | |
Cover | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 |
Quick Ratio | 0.67 | 0.38 | 1.00 |
Current Ratio | 0.76 | 0.43 | 1.16 |
* GAAP
a. Includes discontinued activities
b. Based on operating cash flow before tax
c. Not disclosed under IFRS
d. Includes non-current assets
You are here: research