Albion Enterprise Vct (AAEV)

Company name:	Albion Enterprise Vct Plc
EPIC:	AAEV	Trading Currency:	GBX
Market Sector:	SQQ3	ISIN:	GB00B1G3LR35
Market Segment:	SSQ3	Share Type:	DE
WWW Address:	https://www.albion.capital/funds/AAEV	Description:	ORD 1P
Industry Sector:	EQUITY INVESTMENT INSTRUMENTS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
106.50	0.0 [0.00]	105.00	108.00	106.50	106.50	106.50	-
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
76.44	71.78	0.00	0.61	6.00	174.59	5.63	106.50 - 94.50

Albion Enterprise Vct Key Figures

(at previous day's close)
Market Cap.	76.44	m
Shares In Issue	71.78	m
Prev. Close	106.50
PE Ratio	174.59
Dividend Yield	5.63	%
EPS - basic	0.61	p
Dividend PS	6.00	p
Dividend Cover	0.10
Cash Flow PS	-2.65	p
Return On Equity (ROE)	0.55	%
Operating Margin	34.40	%
PEG Factor	0.03
EPS Growth Rate	6,200.00	%
Dividends PS Growth Rate	-	%
Net Debt	-21.01	m
Gross Gearing	0.68	%
Quick Assets	25.19	m
Net Working Capital	24.69	m
Intangibles / Fixed Assets	-	%
Turnover PS	1.61	p
Pre-Tax Profit PS	0.55	p
Retained Profit PS	-4.06	p
Cash PS	29.97	p
Net Cash PS	29.27	p
Net Tangible Asset Value PS *	101.08	p
Net Asset Value PS	106.54	p
Spread	3.00 (2.78%)
* 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.

Albion Enterprise Vct Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	106.50	106.50
4 weeks	106.50	106.50
12 weeks	106.50	100.50
1 year	106.50	94.50

Share Price Chart (5 years)

Albion Enterprise Vct Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	106.50	-	-	106.50	0.01		106.50
4 weeks	106.50	-	-	106.50	0.02		106.50
12 weeks	103.50	3.00	2.90	100.50	0.02		106.02
26 weeks	102.50	4.00	3.90	100.50	0.01		105.38
1 year	94.50	12.00	12.70	94.50	0.01		103.66
3 years	94.00	12.50	13.30	93.50	0.01		106.21
5 years	91.50	15.00	16.39	87.50	0.01		99.81
† periods calculated are whole weeks rather than calendar months

Albion Enterprise Vct Key Management Ratios

Albion Enterprise Vct Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	-
PE Ratio	174.59
Tobin's Q Ratio	1.07
Tobin's Q Ratio (excl. intangibles)	1.07
Dividend Yield	5.63	%
Market-to-Book Ratio	1.05
Price-to-Pre-Tax Profit PS	192.06
Price-to-Retained Profit PS	-26.24
Price-to-Cash Flow PS	-40.13
Price-to-Sales PS	66.07
Price-to-Net Tangible Asset Value PS	1.00
Price-to-Cash PS	3.55
Net Working Capital PS	34.40
Price Pct to Working Capital PS	3.10	%
Earnings Yield	0.57	%
Average PE	126.07
Years in average	3
PE to PE average	138.48	%

Albion Enterprise Vct Financial Ratios

(Leverage Ratios)
Debt Ratio	-	%
Debt-to-Equity Ratio	-
Debt-to-Equity Ratio (excl. Intgbl)	-
Debt-to-Equity Market Value	-
Net Gearing	-28.76	%
Net Gearing (excl. Intangibles)	-28.76	%
Gross Gearing	0.68	%
Gross Gearing (excl. Intangibles)	0.68	%
Gearing Under 1 Year	0.68	%
Gearing Under 1 Year (excl. Intgbl)	0.68	%
Assets/Equity	1.01
Cash/Equity	29.65
(Liquidity Ratios)
Net Working Capital to Total Assets	33.80	%
Current Ratio	50.49
Quick Ratio (Acid Test)	50.49
Liquidity Ratio	43.11
Cash & Equiv/Current Assets	85.38	%
(Solvency Ratios)
Enterprise Value	54.93	m
CFO/Sales	-1.65
CFO/Attributable Profit	-
CFO/Assets	-0.03
CFO/Debt	-3.82
Total Debt/Equity Market Value	0.01
Total Debt/Sales	0.43
Total Debt/Pre-Tax Profit	1.25
Total Debt	0.50	m
Total Debt/Net Current Assets	0.02	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	4

Beta (60-Mnth)	Beta (36-Mnth)
0.0037	0.0040

Albion Enterprise Vct Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	0.55	%
Return On Assets (ROA)	0.56	%
Net Profit Margin	34.40	%
Assets Turnover	0.02
Return On Equity (ROE)	0.55	%
Return On Investment (ROI)	0.57	%
Dividend Payout Ratio	983.61	%
Plowback Ratio	-883.61	%
Growth from Plowback Ratio	-5.03	%
Net Income Of Revenues	-251.77	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.02
Fixed Assets Turnover	0.02
Current Assets Turnover	0.07
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	61.48
Debtors-to-Sales	93.17	%
Debt Collection Period	340.08	Days

Albion Enterprise Vct Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
04 Dec 2019	Interim	GBX	3.00	31/03/2019	31/03/2020	06/02/2020	07/02/2020	28/02/2020	6.00
21 Jun 2019	Interim	GBX	3.00	31/03/2019	31/03/2020	01/08/2019	02/08/2019	30/08/2019	-
04 Dec 2018	Interim	GBX	3.00	31/03/2018	31/03/2019	07/02/2019	08/02/2019	28/02/2019	6.00
18 Sep 2018	Interim	GBX	3.00	31/03/2018	31/03/2019	02/08/2018	03/08/2018	31/08/2018	-
04 Dec 2017	Interim	GBX	2.50	31/03/2017	31/03/2018	08/02/2018	09/02/2018	28/02/2018	5.00
13 Jul 2017	Interim	GBX	2.50	31/03/2017	31/03/2018	03/08/2017	04/08/2017	31/08/2017	-
25 Nov 2016	Interim	GBX	2.50	31/03/2016	31/03/2017	09/02/2017	10/02/2017	28/02/2017	5.00
29 Jun 2016	Interim	GBX	2.50	31/03/2016	31/03/2017	04/08/2016	05/08/2016	31/08/2016	-
26 Nov 2015	Interim	GBX	2.50	31/03/2015	31/03/2016	11/02/2016	12/02/2016	29/02/2016	5.00
18 Jun 2015	Interim	GBX	2.50	31/03/2015	31/03/2016	06/08/2015	07/08/2015	28/08/2015	-
28 Nov 2014	Interim	GBX	2.50	31/03/2014	31/03/2015	05/02/2015	06/02/2015	27/02/2015	5.00
30 Jun 2014	Interim	GBX	2.50	31/03/2014	31/03/2015	30/07/2014	01/08/2014	29/08/2014	-
29 Nov 2013	Interim	GBX	2.50	31/03/2013	31/03/2014	05/02/2014	07/02/2014	28/02/2014	5.00
27 Jun 2013	Interim	GBX	2.50	31/03/2013	31/03/2014	31/07/2013	02/08/2013	30/08/2013	-
28 Nov 2012	Interim	GBX	1.75	31/03/2012	31/03/2013	30/01/2013	01/02/2013	28/02/2013	3.50
04 Jul 2012	Interim	GBX	1.75	31/03/2012	31/03/2013	01/08/2012	03/08/2012	31/08/2012	-
25 Nov 2011	Interim	GBX	1.50	31/03/2011	31/03/2012	01/02/2012	03/02/2012	29/02/2012	3.00
27 Jun 2011	Interim	GBX	1.50	31/03/2011	31/03/2012	03/08/2011	05/08/2011	31/08/2011	-
26 Nov 2010	Interim	GBX	1.50	31/03/2010	31/03/2011	26/01/2011	28/01/2011	28/02/2011	3.00
29 Jun 2010	Interim	GBX	1.50	31/03/2010	31/03/2011	07/07/2010	09/07/2010	07/08/2010	-

Albion Enterprise Vct Fundamentals

	31 Mar 2017 (GBP)		31 Mar 2018 (GBP)		31 Mar 2019 (GBP)		31 Mar 2020 (GBP)
turnover	0.94	-	0.65	-	0.99	-	1.16	100.00%	m
pre tax profit	0.36	-	-0.21	-	-0.00	-	0.40	34.40%	m
attributable profit	0.30	-	-0.21	-	-0.00	-	0.40	34.40%	m
retained profit	-1.74	-	-2.50	-	-2.90	-	-2.91	-251.77%	m
eps - basic (p)	0.64		-0.39		-0.01		0.61
eps - diluted (p)	0.64		-0.39		-0.01		0.61
dividends per share	5.00		5.00		6.00		6.00

Albion Enterprise Vct Balance Sheet

	31 Mar 2017 (GBP)		31 Mar 2018 (GBP)		31 Mar 2019 (GBP)		31 Mar 2020 (GBP)


	31 Mar 2017 (GBP)		31 Mar 2018 (GBP)		31 Mar 2019 (GBP)		31 Mar 2020 (GBP)
ASSETS
fixed assets	37.78	71.10%	52.44	82.67%	59.15	85.47%	47.86	65.51%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	-	-%	-	-%	-	-%	-	-%	m
current assets - other	-	-%	-	-%	3.64	5.26%	3.50	4.79%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	0.23	0.44%	1.23	1.94%	1.97	2.85%	0.18	0.25%	m
cash & securities	15.12	28.46%	9.76	15.39%	4.44	6.42%	21.51	29.44%	m

TOTAL	53.13	100%	63.43	100%	69.20	100%	73.05	100%	m

LIABILITIES
creditors - short	0.67	1.26%	1.56	2.45%	1.82	2.62%	0.50	0.68%	m
creditors - long	-	-%	-	-%	-	-%	-	-%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	0.67	1.26%	1.56	2.45%	1.82	2.62%	0.50	0.68%	m

EQUITY
ord cap, reserves	52.46	98.74%	61.87	97.55%	67.39	97.38%	72.55	99.32%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	52.46	98.74%	61.87	97.55%	67.39	97.38%	72.55	99.32%	m

OTHER
NAV Basic	101.79		109.46		117.76		106.54
NAV Diluted	101.79		109.46		117.76		106.54

Albion Enterprise Vct Cash Flow Statement

	31 Mar 2017 (GBP)	31 Mar 2018 (GBP)	31 Mar 2019 (GBP)	31 Mar 2020 (GBP)
Operating CF	-0.48	-1.17	-1.95	-1.91	m
Pre-Financing CF	0.57	-7.61	-2.62	8.22	m
Retained CF	6.14	-5.36	-5.32	17.07	m

Albion Enterprise Vct Brokers

Name	Activity	Type	Mnemonic	Code
Winterflood Securities Ltd	Market Maker(MMF)	Broker/Dealer	WINS	WNTSGB2LBIC