Michelmersh Brick Holdings (MBH)

Sector:

Construction and Building Materials

Index:

FTSE AIM All-Share

95.63p
   
  • Change Today:
    -0.88p
  • 52 Week High: 105.50
  • 52 Week Low: 75.00
  • Currency: UK Pounds
  • Shares Issued: 93.68m
  • Volume: 193,458
  • Market Cap: £89.58m

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Interim Dividend1.50p1.30p1.15pn/an/a
Final Dividend3.00p2.95p2.50p2.50p2.00p
Total Dividend4.50p4.25p3.65p2.50p1.15p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 77.34 68.38 59.52 52.04 53.52
Operating Profit/(Loss) 12.34 11.61 9.90 7.58 11.06
Net Interest 0.12 (0.21) (0.22) (0.71) (0.70)
Profit Before Tax 12.46 11.40 9.70 6.87 10.37
Profit After Tax 9.66 8.88 6.13 4.93 8.60
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 9.66 8.88 6.13 4.93 8.60
Attributable to:          
Equity Holders of Parent Company 9.66 8.88 6.13 4.93 8.60
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 10.44p 9.41p 6.50p 5.27p 9.41p
Earnings per Share - Diluted 10.09p 9.20p 6.27p 4.95p 9.19p
Earnings per Share - Adjusted 11.91p 10.61p 9.33p 5.27p 9.41p
Continuing and Discontinued EPS          
Earnings per Share - Basic 10.44p 9.41p 6.50p 5.27p 9.41p
Earnings per Share - Diluted 10.09p 9.20p 6.27p 4.95p 9.19p
Earnings per Share - Adjusted 11.91p 10.61p 9.33p 5.27p 9.41p
           
Dividend per Share 4.50p 4.25p 3.65p 2.50p 1.15p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 63.37 65.93 63.21 60.95 65.35
Intangible Assets 23.95 25.29 20.22 21.42 22.59
Investment Properties n/a n/a n/a n/a n/a
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets n/a n/a n/a n/a n/a
  87.32 91.22 83.43 82.37 87.94
Current Assets          
Inventories 16.46 9.68 10.06 10.05 9.76
Trade & Other Receivables 9.24 11.80 10.74 11.19 8.57
Cash at Bank & in Hand 10.96 10.60 8.47 12.24 15.14
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a n/a n/a
  36.66 32.08 29.27 33.48 33.47
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 123.98 123.31 112.69 115.85 121.41
           
Liabilities          
Current Liabilities          
Borrowings 0.70 0.76 0.63 1.52 3.96
Other Current Liabilities 14.33 17.02 11.64 12.29 10.77
  15.03 17.78 12.27 13.80 14.73
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 0.74 0.52 0.76 10.73 18.71
Provisions 15.36 16.03 14.54 11.66 11.87
Other Non-Current Liabilities n/a n/a n/a n/a n/a
  16.11 16.56 15.30 22.39 30.58
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 31.13 34.34 27.57 36.19 45.30
           
Net Assets 92.84 88.97 85.12 79.65 76.10
           
Capital & Reserves          
Share Capital 19.18 19.18 19.13 18.79 18.50
Share Premium Account 16.72 16.72 16.54 15.83 15.55
Other Reserves 21.61 21.43 21.76 21.58 23.19
Retained Earnings 35.32 31.63 27.70 23.45 18.87
Shareholders Funds 92.84 88.97 85.12 79.65 76.10
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 92.84 88.97 85.12 79.65 76.10
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 10.83 17.99 13.57 10.38 14.52
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (2.01) (9.10) (4.23) (1.24) (8.61)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (8.50) (6.51) (12.90) (12.04) 3.98
Net Increase/Decrease In Cash 0.32 2.39 (3.56) (2.90) 9.89
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 7.9 9.0 13.7 25.6 12.8
PEG - Adjusted 0.7 0.6 0.2 n/a 0.2
Earnings per Share Growth - Adjusted 12% 14% 77% -44% 63%
Dividend Cover 2.65 2.50 2.56 2.11 8.18
Revenue per Share 82.56p 72.99p 0.64p 55.56p 57.13p
Pre-Tax Profit per Share 13.30p 12.16p 0.10p 7.33p 11.07p
Operating Margin 15.95% 16.98% 16.64% 14.57% 20.67%
Return on Capital Employed 14.40% 14.33% 0.12% 9.23% 12.57%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 7.9 9.0 1,359.1 25.6 12.8
PEG - Adjusted 0.7 0.0 n/a n/a 0.2
Earnings per Share Growth - Adjusted 12% 11,166% -98% -44% 63%
Dividend Cover 2.65 2.50 0.03 2.11 8.18
           
Dividend Yield 4.8% 4.4% 2.9% 1.9% 1.0%
Dividend per Share Growth 5.88% 16.44% 46.00% 117.39% (64.06%)
Operating Cash Flow per Share 11.56p 19.21p 14.49p 11.08p 15.50p
Cash Incr/Decr per Share 0.34p 2.55p (0.038p) (3.09p) 10.55p
Net Asset Value per Share (exc. Intangibles) 73.54p 67.97p 69.28p 62.16p 57.12p
Net Gearing -10.25% -10.47% -8.31% n/a 9.89%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

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: Forecast figures based on normalised accounts.

 

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