Accounts
Eight years of key financial data from the profit and loss, balance sheet and cashflow statements along with a range of investment ratios. In addition forecast data allows you to assess how the brokers think the company is going to progress over the next two years.
All important in evaluating a share as an investment is the predictably of a company's earnings. Eight years of data means you get a clear picture of how the important figures and ratios have evolved over time.
| Turnover | Money received, or to be received, by the business for goods or services sold during the year. |
|---|---|
| Non-UK | Proportion of the company's turnover that is generated outside the UK. |
| EBITDA |
Earnings Before Interest Tax Depreciation & Amortisation
EBITDA = Normalised Earnings + Net Interest + Tax + Depreciation + Amortisation |
| EBIT |
Earnings Before Interest & Tax
EBIT = Normalised Earnings + Net Interest + Tax |
| Operating Profit |
Turnover - Expenses
Expenses include cost of sales, distribution costs and administration expenses |
| Norm. Pre-tax |
Normalised Pre-tax Profit
Normalised pre-tax Profit = Reported Pre-tax Profit + Non-Trading Losses + Exceptional Charges - Non-Trading Profits - Exceptional Income |
| FRS3 Pre-tax | Reported Pre-tax Profit including all exceptional items. |
| Norm. EPS |
Normalised Earnings Per Share = (Normalised Earnings (£m) / Weighted Average Shares In Issue) x 100
Normalised Earnings = Reported Earnings (Unadjusted) + Non-Trading Losses + Exceptional Charges - Non-Trading Profits - Exceptional Income Reported Earnings (Unadjusted) = Profit After Tax - Minority Interests - Preference Dividends |
| Norm. EPS Growth |
Year on year growth in normalised Earnings Per Share. No growth will be shown if either of the two the underlying EPS figures required to calculate this figure is negative.
((This - Last) / Last) x 100 |
| FRS3 EPS | Reported Earnings Per Share including all exceptional items. |
| FRS3 EPS Growth |
Year on year growth in FRS3 Earnings Per Share. No growth will be shown if either of the two the underlying EPS figures required to calculate this figure is negative.
((This - Last) / Last) x 100 |
| DPS | Dividend Per Share |
| DPS Growth |
Year on year growth in dividend per share. No growth will be shown if either of the two the underlying EPS figures required to calculate this figure is negative.
((This - Last) / Last) x 100 |
| DY |
Dividend Yield
(Dividend (Total Dividend Per Share For Last Financial Year) / Last Closing Share Price) x 100 |
| Div Cover |
Dividend Cover shows how many times the ordinary dividend is covered by a company's earnings and highlights its ability to pay its dividend from its profits
Norm. EPS/DPS |
| Operating Margin |
Profit Margin = Operating Profit/Turnover x 100
Operating Profit = Normalised Pre-tax Profit + Share of Associates Profit + Net Interest + Rental Income |
| ROCE |
Return on Capital Employed (%) = (Return / Capital Employed) x 100
Return = Normalised Pre Tax Profit + Interest Paid Capital Employed = Share Capital & Reserves + Preference Capital + Minority Interests + Provisions + Total Borrowings - Intangible Assets (Net) |
| ROE |
Return On Equity = (Return / Invested Equity Capital) x 100
Return = Normalised Earnings Invested Equity Capital = Share Capital & Reserves + Provisions |
| PER | Price Earnings Ratio (x) = Share Price (Close on Last Trading Day) / Normalised EPS |
| PEG | Net Asset Value Per Share = (Equity Interest In Shareholders' Funds / Shares In Issue At Year End) x 100 |
| Cashflow PS |
Cashflow PS = Cashflow / Average Shares In Issue (During The Financial Year)
Cashflow = Cash from operating activities + Investment Returns & Servicing of Finance - Tax Paid |
| CAPEX PS |
Capital Expenditure Per Share = (Capital Expenditure / Weighted Average Shares In Issue) x 100
Capital Expenditure = Asset Purchases (not property) - Asset Sales (not property) |
| Net Borrowings | Total Borrowings - Cash Near Cash |
| Net Assets | Total Assets - Total Liabilities |
Annualised Values
A standard length accounting period is taken to be 12 months or 52 weeks.
To enable different periods within the accounts table to be reasonably compared, all relevant values for a non-standard period are arithmetically converted to an annualised basis; For example, a turnover value of £60m for a reported 9-month period, becomes £80m on an annualised basis.
Annualised values must, however, be regarded with caution, since they can signify seasonal variations in performance which a year-end change is often intended to smooth out.