Telecom Plus (TEP)

Sector:

Telecom Operators

Index:

FTSE 250

1,740.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 1,900.00
  • 52 Week Low: 1,362.00
  • Currency: UK Pounds
  • Shares Issued: 79.37m
  • Volume: 36,139
  • Market Cap: £1,381.03m
  • RiskGrade: 100
  • Beta: 1.17

Dividend Data

  31-Mar-2431-Mar-2331-Mar-2231-Mar-2131-Mar-20
Interim Dividend36.00p34.00p27.00p27.00p27.00p
Final Dividend47.00p46.00p30.00p30.00p30.00p
Total Dividend83.00p80.00p57.00p57.00p57.00p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Continuing Operations          
Revenue 2,039.13 2,475.16 967.43 861.20 875.77
Operating Profit/(Loss) 106.25 85.89 50.92 45.79 50.17
Net Interest (5.77) (4.03) (2.57) (2.27) (2.06)
Profit Before Tax 100.48 85.45 47.21 43.51 48.11
Profit After Tax 71.04 68.16 35.00 32.56 35.76
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 71.04 68.16 35.00 32.56 35.76
Attributable to:          
Equity Holders of Parent Company 71.04 68.43 35.47 32.58 35.76
Minority Interests n/a (0.26) (0.46) (0.02) (0.15)
           
Continuing EPS          
Earnings per Share - Basic 89.90p 86.60p 45.10p 41.50p 45.90p
Earnings per Share - Diluted 88.80p 85.20p 45.00p 41.40p 45.70p
Earnings per Share - Adjusted 109.00p 99.20p 63.20p 57.40p 61.80p
Continuing and Discontinued EPS          
Earnings per Share - Basic 89.90p 86.60p 45.10p 41.50p 45.90p
Earnings per Share - Diluted 88.80p 85.20p 45.00p 41.40p 45.70p
Earnings per Share - Adjusted 109.00p 99.20p 63.20p 57.40p 61.80p
           
Dividend per Share 83.00p 80.00p 57.00p 57.00p 57.00p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 26.77 25.82 26.18 34.87 37.77
Intangible Assets 139.53 146.23 156.16 165.95 173.04
Investment Properties 8.05 8.27 8.35 8.57 8.43
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 55.89 47.53 32.85 28.59 25.18
  230.24 227.85 223.54 237.99 244.43
Current Assets          
Inventories 3.75 5.70 4.15 6.32 4.63
Trade & Other Receivables 336.16 346.48 189.46 72.18 69.00
Cash at Bank & in Hand 57.83 193.80 29.65 25.06 43.61
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 23.41 20.91 18.99 121.12 120.99
  421.15 566.89 242.25 224.69 238.23
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 651.39 794.74 465.79 462.66 482.66
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities 237.32 472.75 159.15 152.67 156.61
  237.32 472.75 159.15 152.67 156.61
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 180.33 90.38 99.98 96.47 102.99
Provisions 1.11 0.90 1.08 1.15 1.10
Other Non-Current Liabilities n/a n/a n/a n/a n/a
  181.44 91.28 101.06 97.62 104.09
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 418.76 564.03 260.21 250.29 260.71
           
Net Assets 232.63 230.71 205.57 212.38 221.95
           
Capital & Reserves          
Share Capital 4.01 4.00 3.98 3.97 3.96
Share Premium Account 151.55 150.65 147.11 145.09 143.90
Other Reserves (16.73) (6.55) (6.55) (6.54) (6.55)
Retained Earnings 93.80 82.60 61.94 70.31 81.07
Shareholders Funds 232.63 230.71 206.48 212.82 222.38
           
Minority Interests/Other Equity n/a n/a (0.91) (0.45) (0.43)
Total Equity 232.63 230.71 205.57 212.38 221.95
Cash Flow 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Net Cash Flow From Operating Activities (132.49) 236.22 51.29 43.36 39.02
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 (8.15) (10.67) (8.24) (9.84) (9.94)
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 4.66 (62.10) (37.75) (52.07) (9.64)
Net Increase/Decrease In Cash (135.98) 163.45 5.30 (18.55) 19.44
Ratios - based on IFRS 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Continuing Operations          
PE Ratio - Adjusted 14.9 19.1 24.2 22.1 20.1
PEG - Adjusted 1.5 0.3 2.4 n/a 4.0
Earnings per Share Growth - Adjusted 10% 57% 10% -7% 5%
Dividend Cover 1.31 1.24 1.11 1.01 1.08
Revenue per Share 2,579.28p 3,131.17p 1,230.82p 11.08p 1,119.84p
Pre-Tax Profit per Share 127.09p 108.10p 60.06p 0.56p 61.52p
Operating Margin 5.21% 3.47% 5.26% 5.32% 5.73%
Return on Capital Employed 38.70% 50.92% 33.08% 0.32% 32.79%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 14.9 19.1 24.2 2,191.9 20.1
PEG - Adjusted 1.5 0.3 0.0 n/a 4.0
Earnings per Share Growth - Adjusted 10% 57% 10,808% -99% 5%
Dividend Cover 1.31 1.24 1.11 0.01 1.08
           
Dividend Yield 5.1% 4.2% 3.7% 4.5% 4.6%
Dividend per Share Growth 3.75% 40.35% n/a n/a 9.62%
Operating Cash Flow per Share (167.58p) 298.82p 65.26p 55.28p 49.89p
Cash Incr/Decr per Share (171.99p) 206.76p 6.75p (0.24p) 24.86p
Net Asset Value per Share (exc. Intangibles) 117.77p 106.86p 62.87p 59.20p 62.54p
Net Gearing 52.66% -44.83% 34.06% 33.55% 26.70%

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: 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: Forecast figures based on normalised accounts.

 

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