| Income Statement Evolution | |
|
|
| Annual Income Statement Data |
|
|
Actuals in M GBP |
Estimates in M GBP |
|
Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 1 635 | 2 292 | 2 538 | 2 616 | 2 770 | 2 930 | | Operating income (EBITDA) | 344 | 469 | 535 | 560 | 609 | 656 | | Operating profit (EBIT) | 310 | 413 | - | 486 | 527 | 563 | | Pre-Tax Profit (EBT) | 277 | 392 | - | 423 | 473 | 517 | | Net income | 185 | 299 | - | 302 | 334 | 355 | | EPS (PNC) | 86,9 | 140 | 148 | 142 | 158 | 169 | | Dividend per Share ( GBP) | 27,0 | 33,0 | - | 41,2 | 45,3 | 49,5 | | Yield | 1,18% | 1,44% | - | 1,80% | 1,97% | 2,16% | | Announcement Date | 03/08/2011 07:00am | 02/29/2012 07:00am | 02/27/2013 07:00am | - | - | - |
|
|
|
|
Actuals in M GBP |
Estimates in M GBP |
|
Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 284 | 673 | 689 | 660 | 468 | 285 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 344 | 469 | 535 | 560 | 609 | 656 | Leverage (Debt/EBITDA) | 0,82x | 1,44x | 1,29x | 1,18x | 0,77x | 0,43x | | Capital Expenditure | 50,9 | 95,4 | 124 | 115 | 114 | 109 | | Book Value Per Share (BVPS) | 438 PNC | 524 PNC | - | 684 PNC | 779 PNC | 920 PNC | | Cash Flow per Share | 90,7 PNC | 93,1 PNC | 134 PNC | 170 PNC | 187 PNC | 210 PNC | | Announcement Date | 03/08/2011 07:00am | 02/29/2012 07:00am | 02/27/2013 07:00am | - | - | - |
|
Assessed data source : © 2013 Thomson Reuters |
|
|
|
|
|
|
Valuation |
2013e |
2014e |
|
PER (Price / EPS)
|
16,2x |
14,5x |
|
Capitalization / Revenue
|
1,87x |
1,77x |
|
EV / Revenue
|
2,12x |
1,93x |
|
EV / EBITDA
|
9,91x |
8,79x |
|
Yield (DPS / Price)
|
1,80% |
1,97% |
| Profitability |
2013e |
2014e |
|
Operating Margin (EBIT / Sales)
|
18,6% |
19,0% |
|
operating laverage (Delta EBIT / Delta Sales)
|
- |
1,46x |
|
Net Margin (Net Profit / Revenue)
|
11,5% |
12,1% |
|
ROA (Net Profit / Asset)
|
9,80% |
10,8% |
|
ROE (Net Profit / Equities)
|
22,3% |
21,1% |
|
Rate of Dividend
|
29,0% |
28,7% |
|
|
|