Polymetal (POLY)

Company name:	Polymetal International Plc
EPIC:	POLY	Trading Currency:	GBX
Market Sector:	FS10	ISIN:	JE00B6T5S470
Market Segment:	SET1	Share Type:	DE
WWW Address:	www.polymetalinternational.com	Description:	ORD NPV
Industry Sector:	INDUSTRIAL METALS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
1,557.00	31.0 [2.03]	1,559.00	1,560.50	1,530.50	1,570.50	1,523.00	2,035,053
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
7,346.21	471.82	-0.68	166.86	94.35	9.33	6.06	2,085.00 - 1,382.00

Polymetal Key Figures

(at previous day's close)
Market Cap.	7,346.21	m
Shares In Issue	471.82	m
Prev. Close	1,526.00
PE Ratio	9.33
Dividend Yield	6.06	%
EPS - basic	166.86	p
Dividend PS	94.35	p
Dividend Cover	-
Cash Flow PS	184.79	p
Return On Equity (ROE)	54.25	%
Operating Margin	49.04	%
PEG Factor	0.07
EPS Growth Rate	125.49	%
Dividends PS Growth Rate	57.32	%
Net Debt	1,500.87	m
Gross Gearing	54.91	%
Quick Assets	604.15	m
Net Working Capital	695.58	m
Intangibles / Fixed Assets	1.61	%
Turnover PS	444.14	p
Pre-Tax Profit PS	217.81	p
Retained Profit PS	93.79	p
Cash PS	59.84	p
Net Cash PS	-38.14	p
Net Tangible Asset Value PS *	303.22	p
Net Asset Value PS	310.35	p
Spread	1.50 (0.10%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Polymetal Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	1,570.50	1,435.00
4 weeks	1,570.50	1,382.00
12 weeks	1,715.00	1,382.00
1 year	2,085.00	1,382.00

Share Price Chart (5 years)

Polymetal Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	1,450.50	106.50	7.34	1,435.00	1.35		1,486.97
4 weeks	1,507.50	49.50	3.28	1,382.00	1.65		1,454.82
12 weeks	1,668.00	-111.00	-6.65	1,382.00	1.85		1,520.27
26 weeks	1,761.50	-204.50	-11.61	1,382.00	1.76		1,609.75
1 year	1,519.50	37.50	2.47	1,382.00	1.92		1,670.12
3 years	677.80	879.20	129.71	593.80	1.72		1,223.01
5 years	694.50	862.50	124.19	577.80	1.46		1,128.41
† periods calculated are whole weeks rather than calendar months

Polymetal Key Management Ratios

Polymetal Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	4.75
PE Ratio	9.33
Tobin's Q Ratio	1.69
Tobin's Q Ratio (excl. intangibles)	1.71
Dividend Yield	6.06	%
Market-to-Book Ratio	5.02
Price-to-Pre-Tax Profit PS	7.15
Price-to-Retained Profit PS	16.60
Price-to-Cash Flow PS	8.43
Price-to-Sales PS	3.51
Price-to-Net Tangible Asset Value PS	5.13
Price-to-Cash PS	26.02
Net Working Capital PS	147.43
Price Pct to Working Capital PS	10.56	%
Earnings Yield	10.72	%
Average PE	9.97
Years in average	5
PE to PE average	93.61	%

Polymetal Financial Ratios

(Leverage Ratios)
Debt Ratio	47.43	%
Debt-to-Equity Ratio	0.90
Debt-to-Equity Ratio (excl. Intgbl)	0.92
Debt-to-Equity Market Value	0.18
Net Gearing	46.22	%
Net Gearing (excl. Intangibles)	46.70	%
Gross Gearing	54.91	%
Gross Gearing (excl. Intangibles)	55.48	%
Gearing Under 1 Year	14.23	%
Gearing Under 1 Year (excl. Intgbl)	14.38	%
Assets/Equity	2.22
Cash/Equity	19.28
(Liquidity Ratios)
Net Working Capital to Total Assets	21.42	%
Current Ratio	2.50
Quick Ratio (Acid Test)	1.31
Liquidity Ratio	0.61
Cash & Equiv/Current Assets	24.38	%
(Solvency Ratios)
Enterprise Value	8,384.82	m
CFO/Sales	0.42
CFO/Attributable Profit	1.10
CFO/Assets	0.27
CFO/Debt	0.49
Total Debt/Equity Market Value	0.24
Total Debt/Sales	0.85
Total Debt/Pre-Tax Profit	1.74
Total Debt	1,783.20	m
Total Debt/Net Current Assets	2.56	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	42.79	%
5 yr Compound Earnings Growth	19.85	%
10 yr Compound Earnings Growth	11.28	%
Earn drops > 5% in 10yrs	4

Beta (60-Mnth)	Beta (36-Mnth)
-0.6770	-0.8522

Polymetal Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	36.90	%
Return On Assets (ROA)	18.29	%
Net Profit Margin	37.91	%
Assets Turnover	0.48
Return On Equity (ROE)	54.25	%
Return On Investment (ROI)	20.85	%
Dividend Payout Ratio	56.09	%
Plowback Ratio	43.91	%
Growth from Plowback Ratio	17.75	%
Net Income Of Revenues	21.12	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	1.07
Fixed Assets Turnover	0.73
Current Assets Turnover	1.41
Net Working Capital Turnover
Inventory Turnover	2.77
(Other Operating Ratios)
Total Assets-to-Sales	2.07
Debtors-to-Sales	19.09	%
Debt Collection Period	69.67	Days

Polymetal Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
03 Mar 2021	Final	USD	0.89	31/12/2019	31/12/2020	06/05/2021	07/05/2021	28/05/2021	1.29
26 Aug 2020	Interim	USD	0.40	31/12/2019	31/12/2020	03/09/2020	04/09/2020	25/09/2020	-
04 Mar 2020	Special	USD	0.20	31/12/2018	31/12/2019	07/05/2020	11/05/2020	29/05/2020	-
04 Mar 2020	Final	USD	0.42	31/12/2018	31/12/2019	07/05/2020	11/05/2020	29/05/2020	0.82
27 Aug 2019	Interim	USD	0.20	31/12/2018	31/12/2019	05/09/2019	06/09/2019	27/09/2019	-
11 Mar 2019	Final	USD	0.31	31/12/2017	31/12/2018	09/05/2019	10/05/2019	24/05/2019	0.48
21 Aug 2018	Interim	USD	0.17	31/12/2017	31/12/2018	06/09/2018	07/09/2018	28/09/2018	-
12 Mar 2018	Final	USD	0.30	31/12/2016	31/12/2017	10/05/2018	11/05/2018	23/05/2018	0.44
29 Aug 2017	Interim	USD	0.14	31/12/2016	31/12/2017	07/09/2017	08/09/2017	29/09/2017	-
15 Mar 2017	Final	USD	0.18	31/12/2015	31/12/2016	04/05/2017	05/05/2017	26/05/2017	0.44
08 Dec 2016	Special	USD	0.15	31/12/2015	31/12/2016	15/12/2016	16/12/2016	29/12/2016	-
24 Aug 2016	Interim	USD	0.09	31/12/2015	31/12/2016	01/09/2016	02/09/2016	23/09/2016	-
29 Mar 2016	Final	USD	0.13	31/12/2014	31/12/2015	05/05/2016	06/05/2016	27/05/2016	0.51
03 Dec 2015	Interim	USD	0.30	31/12/2014	31/12/2015	10/12/2015	11/12/2015	24/12/2015	-
25 Aug 2015	Interim	USD	0.08	31/12/2014	31/12/2015	03/09/2015	04/09/2015	25/09/2015	-
04 Dec 2014	Special	USD	0.20	31/12/2013	31/12/2014	18/12/2014	19/12/2014	23/01/2015	-
27 Aug 2014	Interim	USD	0.08	31/12/2013	31/12/2014	03/09/2014	05/09/2014	26/09/2014	-
31 Mar 2014	Final	USD	0.08	31/12/2012	31/12/2013	30/04/2014	02/05/2014	30/05/2014	0.09
28 Aug 2013	Interim	USD	0.01	31/12/2012	31/12/2013	04/09/2013	06/09/2013	26/09/2013	-
08 Apr 2013	Final	GBX	0.31	31/12/2011	31/12/2012	15/05/2013	17/05/2013	19/06/2013	0.81
05 Dec 2012	Interim	GBX	0.50	31/12/2011	31/12/2012	12/12/2012	14/12/2012	21/01/2013	-
25 Apr 2012	Final	GBX	0.20	31/12/2010	31/12/2011	16/05/2012	18/05/2012	18/06/2012	0.20

Polymetal Fundamentals

	31 Dec 2017 (USD)		31 Dec 2018 (USD)		31 Dec 2019 (USD)		31 Dec 2020 (USD)
turnover	1,815.00	100.00%	1,882.00	100.00%	2,246.00	100.00%	2,865.00	100.00%	m
pre tax profit	443.00	24.41%	426.00	22.64%	618.00	27.52%	1,405.00	49.04%	m
attributable profit	354.00	19.50%	354.00	18.81%	480.00	21.37%	1,086.00	37.91%	m
retained profit	216.00	11.90%	141.00	7.49%	240.00	10.69%	605.00	21.12%	m
eps - basic	82.00		79.00		102.00		230.00
eps - diluted	81.00		79.00		101.00		227.00
dividends per share	0.44		0.48		0.82		1.29

Polymetal Balance Sheet

	31 Dec 2017 (USD)		31 Dec 2018 (USD)		31 Dec 2019 (USD)		31 Dec 2020 (USD)


	31 Dec 2017 (USD)		31 Dec 2018 (USD)		31 Dec 2019 (USD)		31 Dec 2020 (USD)
ASSETS
fixed assets	2,054.00	65.66%	2,426.00	63.26%	2,810.00	66.21%	2,787.00	62.77%	m
intangibles	18.00	0.58%	15.00	0.39%	47.00	1.11%	46.00	1.04%	m
fixed investments	96.00	3.07%	2.00	0.05%	2.00	0.05%	24.00	0.54%	m
current assets - other	-	-%	74.00	1.93%	14.00	0.33%	-	-%	m
stocks	637.00	20.36%	632.00	16.48%	758.00	17.86%	757.00	17.05%	m
debtors	287.00	9.18%	307.00	8.01%	360.00	8.48%	440.00	9.91%	m
cash & securities	36.00	1.15%	379.00	9.88%	253.00	5.96%	386.00	8.69%	m

TOTAL	3,128.00	100%	3,835.00	100%	4,244.00	100%	4,440.00	100%	m

LIABILITIES
creditors - short	214.00	6.84%	421.00	10.98%	431.00	10.16%	632.00	14.23%	m
creditors - long	1,607.00	51.37%	2,017.00	52.59%	1,862.00	43.87%	1,806.00	40.68%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	1,821.00	58.22%	2,438.00	63.57%	2,293.00	54.03%	2,438.00	54.91%	m

EQUITY
ord cap, reserves	1,307.00	41.78%	1,379.00	35.96%	1,928.00	45.43%	2,002.00	45.09%	m
prefs, minorities	-	-%	18.00	0.47%	23.00	0.54%	-	-%	m

TOTAL	1,307.00	41.78%	1,397.00	36.43%	1,951.00	45.97%	2,002.00	45.09%	m

OTHER
NAV Basic	-		-		-		-
NAV Diluted	-		-		-		-

Polymetal Cash Flow Statement

	31 Dec 2017 (USD)	31 Dec 2018 (USD)	31 Dec 2019 (USD)	31 Dec 2020 (USD)
Operating CF	533.00	513.00	696.00	1,192.00	m
Pre-Financing CF	56.00	134.00	299.00	603.00	m
Retained CF	-11.00	358.00	-123.00	133.00	m

Polymetal Brokers

Broker infomation is not available for this class of stock.