Polar Capital Global Financials Trust (PCFT)

Sector:

Investment Firms

Index:

FTSE Small Cap

181.40p
   
  • Change Today:
      0.80p
  • 52 Week High: 183.80
  • 52 Week Low: 132.00
  • Currency: UK Pounds
  • Shares Issued: 303.32m
  • Volume: 245,696
  • Market Cap: £550.22m

Dividend Data

  30-Nov-2330-Nov-2230-Nov-2130-Nov-2030-Nov-19
Total Dividend4.55p4.45p4.40p4.40p4.40p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 30-Nov-23 30-Nov-22 30-Nov-21 30-Nov-20 30-Nov-19
Continuing Operations          
Revenue 19.14 17.47 10.64 6.30 12.06
Operating Profit/(Loss) 18.58 16.02 9.33 5.38 10.95
Net Interest (0.72) (0.25) (0.09) (0.06) (0.06)
Profit Before Tax 17.86 15.77 9.23 5.32 10.89
Profit After Tax 15.87 14.29 8.36 4.65 9.92
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 15.87 14.29 8.36 4.65 9.92
Attributable to:          
Equity Holders of Parent Company 15.87 14.29 8.36 4.65 9.92
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 4.97p 4.45p 4.42p 3.01p 4.89p
Earnings per Share - Diluted 4.97p 4.45p 4.42p 3.01p 4.89p
Earnings per Share - Adjusted 4.97p 4.45p 4.42p 3.01p 4.89p
Continuing and Discontinued EPS          
Earnings per Share - Basic 4.97p 4.45p 4.42p 3.01p 4.89p
Earnings per Share - Diluted 4.97p 4.45p 4.42p 3.01p 4.89p
Earnings per Share - Adjusted 4.97p 4.45p 4.42p 3.01p 4.89p
           
Dividend per Share 4.55p 4.45p 4.40p 4.40p 4.40p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 30-Nov-23 30-Nov-22 30-Nov-21 30-Nov-20 30-Nov-19
Assets          
Non-Current Assets          
Property, Plant & Equipment n/a n/a n/a n/a n/a
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties n/a n/a n/a n/a n/a
Investments 518.12 572.75 482.10 188.01 313.61
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
  518.12 572.75 482.10 188.01 313.61
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 6.93 1.98 0.96 0.42 0.81
Cash at Bank & in Hand 37.26 29.79 26.39 0.14 4.18
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 1.99 1.19 0.60 0.27 0.32
  46.19 32.96 27.94 0.83 5.30
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 564.31 605.71 510.04 188.84 318.90
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a 50.42 20.28 14.88
Other Current Liabilities 6.82 3.78 0.66 1.54 2.86
  6.82 3.78 51.08 21.83 17.73
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 69.03 60.51 n/a n/a n/a
Provisions n/a n/a 1.72 1.27 n/a
Other Non-Current Liabilities 0.26 0.15 n/a n/a n/a
  69.29 60.66 1.72 1.27 n/a
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 76.11 64.44 52.80 23.10 17.73
           
Net Assets 488.20 541.27 457.25 165.74 301.17
           
Capital & Reserves          
Share Capital n/a n/a 13.97 10.14 10.14
Share Premium Account n/a n/a 219.16 55.89 55.85
Other Reserves n/a n/a 215.94 92.83 225.94
Retained Earnings n/a n/a 8.18 6.88 9.24
Shareholders Funds 488.20 541.27 457.25 165.74 301.17
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 488.20 541.27 457.25 165.74 301.17
Cash Flow 30-Nov-23 30-Nov-22 30-Nov-21 30-Nov-20 30-Nov-19
Net Cash Flow From Operating Activities 36.34 (85.64) (233.52) 79.80 4.66
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 n/a n/a n/a n/a n/a
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 (28.87) 89.04 260.15 (79.34) (13.72)
Net Increase/Decrease In Cash 7.47 3.40 26.63 0.46 (9.06)
Ratios - based on IFRS 30-Nov-23 30-Nov-22 30-Nov-21 30-Nov-20 30-Nov-19
Continuing Operations          
PE Ratio - Adjusted 27.9 34.7 38.9 45.3 29.4
PEG - Adjusted 2.3 34.7 0.8 n/a 7.3
Earnings per Share Growth - Adjusted 12% 1% 47% -38% 4%
Dividend Cover 1.09 1.00 1.00 0.68 1.11
Revenue per Share 6.31p 5.76p 0.035p 2.08p 3.98p
Pre-Tax Profit per Share 5.89p 5.20p 0.031p 1.75p 3.59p
Operating Margin 97.06% 91.70% 87.65% 85.28% 90.82%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 27.9 34.7 3,855.2 45.3 29.4
PEG - Adjusted 2.3 0.0 n/a n/a 7.3
Earnings per Share Growth - Adjusted 12% 9,874% -98% -38% 4%
Dividend Cover 1.09 1.00 0.01 0.68 1.11
           
Dividend Yield 3.3% 2.9% 2.6% 3.2% 3.1%
Dividend per Share Growth 2.25% 1.14% n/a n/a 6.02%
Operating Cash Flow per Share 11.98p (28.23p) (76.99p) 26.31p 1.54p
Cash Incr/Decr per Share 2.46p 1.12p 0.089p 0.15p (2.99p)
Net Asset Value per Share (exc. Intangibles) 160.95p 178.45p 150.75p 54.64p 99.29p
Net Gearing 6.51% 5.67% 5.26% 12.15% 3.55%

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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