Treatt (TET)

Sector:

Industrial Chemicals

Index:

FTSE Small Cap

487.50p
   
  • Change Today:
      14.50p
  • 52 Week High: 724.00p
  • 52 Week Low: 370.00p
  • Currency: UK Pounds
  • Shares Issued: 60.72m
  • Volume: 279,705
  • Market Cap: £296.03m
  • RiskGrade: 277

Dividend Data

  30-Sep-2330-Sep-2230-Sep-2130-Sep-2030-Sep-19
Interim Dividend2.55p2.50p2.00p1.84p1.70p
Final Dividend5.46p5.35p5.50p4.16p3.80p
Total Dividend8.01p7.85p7.50p6.00p5.50p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 30-Sep-23 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19
Continuing Operations          
Revenue 147.40 140.18 124.33 109.11 112.72
Operating Profit/(Loss) 14.52 16.70 20.04 14.03 13.50
Net Interest (0.98) (0.52) (0.43) (0.34) (0.20)
Profit Before Tax 13.54 16.18 19.62 13.74 12.54
Profit After Tax 10.94 13.31 15.15 10.85 9.87
Discontinued Operations          
Profit After Tax n/a n/a n/a (1.08) (1.08)
PROFIT FOR THE PERIOD 10.94 13.31 15.15 9.77 8.79
Attributable to:          
Equity Holders of Parent Company 10.94 13.31 15.15 9.77 8.79
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 18.01p 22.04p 25.19p 18.12p 16.69p
Earnings per Share - Diluted 17.91p 21.82p 24.91p 17.95p 16.47p
Earnings per Share - Adjusted 22.94p 19.80p 27.05p 19.72p 17.82p
Continuing and Discontinued EPS          
Earnings per Share - Basic 18.01p 22.04p 25.19p 16.32p 14.86p
Earnings per Share - Diluted 17.91p 21.82p 24.91p 16.16p 14.66p
Earnings per Share - Adjusted 22.94p 19.80p 27.05p 19.42p 17.38p
           
Dividend per Share 8.01p 7.85p 7.50p 6.00p 5.50p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 30-Sep-23 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 72.06 74.66 62.60 51.33 29.49
Intangible Assets 2.75 3.21 2.42 1.36 0.85
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 3.72 1.78 0.79 1.36 1.40
  78.54 79.64 65.81 54.05 31.73
Current Assets          
Inventories 62.40 68.35 47.26 36.05 36.80
Trade & Other Receivables 32.97 37.11 26.37 24.17 23.02
Cash at Bank & in Hand 0.81 2.35 7.26 7.74 37.19
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 0.31 0.72 2.71 1.52 1.15
  96.48 108.54 83.61 69.47 98.16
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 175.02 188.18 149.42 123.52 129.89
           
Liabilities          
Current Liabilities          
Borrowings 10.82 22.14 12.79 3.23 16.86
Other Current Liabilities 21.73 24.19 17.76 12.76 12.05
  32.55 46.33 30.56 15.99 28.91
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 0.37 2.63 3.58 4.08 4.37
Provisions 4.85 5.37 2.17 2.28 1.72
Other Non-Current Liabilities n/a n/a 6.81 10.05 7.79
  5.22 8.00 12.56 16.41 13.88
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 37.78 54.33 43.12 32.40 42.78
           
Net Assets 137.25 133.85 106.30 91.12 87.11
           
Capital & Reserves          
Share Capital 1.22 1.22 1.21 1.21 1.20
Share Premium Account 23.48 23.48 23.48 23.48 23.48
Other Reserves 7.42 13.07 1.52 3.67 5.68
Retained Earnings 105.12 96.08 80.08 62.76 56.74
Shareholders Funds 137.25 133.85 106.30 91.12 87.11
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 137.25 133.85 106.30 91.12 87.11
Cash Flow 30-Sep-23 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19
Net Cash Flow From Operating Activities 21.49 (1.39) 8.57 13.19 18.34
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 (4.16) (7.17) (14.36) (24.88) (9.40)
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 (12.51) 4.38 0.96 (3.81) (1.01)
Net Increase/Decrease In Cash 4.83 (4.18) (4.83) (15.51) 7.93
Ratios - based on IFRS 30-Sep-23 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19
Continuing Operations          
PE Ratio - Adjusted 22.1 29.8 37.5 30.6 22.8
PEG - Adjusted 1.4 n/a 1.0 2.8 n/a
Earnings per Share Growth - Adjusted 16% -27% 37% 11% -1%
Dividend Cover 2.86 2.52 3.61 3.29 3.24
Revenue per Share 242.74p 230.86p 2.07p 179.68p 185.63p
Pre-Tax Profit per Share 22.30p 26.64p 0.33p 22.63p 20.65p
Operating Margin 9.85% 11.91% 16.12% 12.86% 11.98%
Return on Capital Employed 9.65% 10.38% 0.17% 14.17% 11.67%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 22.1 29.8 3,717.4 31.1 23.4
PEG - Adjusted 1.4 0.0 n/a 2.6 n/a
Earnings per Share Growth - Adjusted 16% 7,152% -99% 12% -9%
Dividend Cover 2.86 2.52 0.04 3.24 3.16
           
Dividend Yield 1.6% 1.3% 0.7% 1.0% 1.4%
Dividend per Share Growth 2.04% 4.67% 25.00% 9.09% 7.84%
Operating Cash Flow per Share 35.39p (2.28p) 14.11p 21.71p 30.20p
Cash Incr/Decr per Share 7.95p (6.88p) (0.080p) (25.54p) 13.07p
Net Asset Value per Share (exc. Intangibles) 221.49p 215.15p 171.06p 147.82p 142.06p
Net Gearing 7.56% 16.75% 8.57% -0.47% -18.32%

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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