Adept Technology (ADT)

Company name:	Adept Technology Group Plc
EPIC:	ADT	Trading Currency:	GBX
Market Sector:	AIMP	ISIN:	GB00B0WY3Y47
Market Segment:	ASX1	Share Type:	DE
WWW Address:	http://www.adept-telecom.co.uk/	Description:	ORD 10P
Industry Sector:	FIXED LINE TELECOMMUNICATIONS

Adept Technology Key Figures

(at previous day's close)
Market Cap.	62.32	m
Shares In Issue	25.03	m
Prev. Close	249.00
PE Ratio	60.14
Dividend Yield	-	%
EPS - basic	4.14	p
Dividend PS	-	p
Dividend Cover	-
Cash Flow PS	30.39	p
Return On Equity (ROE)	5.36	%
Operating Margin	3.20	%
PEG Factor	-1.27
EPS Growth Rate	-47.46	%
Dividends PS Growth Rate	-	%
Net Debt	60.36	m
Gross Gearing	79.71	%
Quick Assets	27.92	m
Net Working Capital	10.84	m
Intangibles / Fixed Assets	95.65	%
Turnover PS	246.46	p
Pre-Tax Profit PS	7.87	p
Retained Profit PS	-5.35	p
Cash PS	47.34	p
Net Cash PS	-23.34	p
Net Tangible Asset Value PS *	-163.72	p
Net Asset Value PS	73.44	p
Spread	10.00 (3.94%)
* 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.

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	229.00	20.00	8.73	227.00	0.02		239.67
4 weeks	221.00	28.00	12.67	220.00	0.08		229.18
12 weeks	233.00	16.00	6.87	193.00	0.04		225.94
26 weeks	245.00	4.00	1.63	193.00	0.03		229.64
1 year	329.00	-80.00	-24.32	165.00	0.03		234.40
3 years	295.00	-46.00	-15.59	165.00	0.02		299.89
5 years	230.00	19.00	8.26	165.00	0.02		300.18
† periods calculated are whole weeks rather than calendar months

(Market value analysis) at previous day's close
PQ Ratio	49.30
PE Ratio	60.14
Tobin's Q Ratio	0.74
Tobin's Q Ratio (excl. intangibles)	2.39
Dividend Yield	-	%
Market-to-Book Ratio	3.39
Price-to-Pre-Tax Profit PS	31.62
Price-to-Retained Profit PS	-46.58
Price-to-Cash Flow PS	8.19
Price-to-Sales PS	1.01
Price-to-Net Tangible Asset Value PS	-1.52
Price-to-Cash PS	5.26
Net Working Capital PS	43.32
Price Pct to Working Capital PS	5.75	%
Earnings Yield	1.66	%
Average PE	31.57
Years in average	5
PE to PE average	190.54	%

(Leverage Ratios)
Debt Ratio	74.79	%
Debt-to-Equity Ratio	2.97
Debt-to-Equity Ratio (excl. Intgbl)	-1.33
Debt-to-Equity Market Value	0.87
Net Gearing	66.63	%
Net Gearing (excl. Intangibles)	193.26	%
Gross Gearing	79.71	%
Gross Gearing (excl. Intangibles)	231.19	%
Gearing Under 1 Year	19.53	%
Gearing Under 1 Year (excl. Intgbl)	56.64	%
Assets/Equity	4.93
Cash/Equity	64.46
(Liquidity Ratios)
Net Working Capital to Total Assets	11.97	%
Current Ratio	1.61
Quick Ratio (Acid Test)	1.58
Liquidity Ratio	0.67
Cash & Equiv/Current Assets	41.52	%
(Solvency Ratios)
Enterprise Value	105.00	m
CFO/Sales	0.12
CFO/Attributable Profit	7.72
CFO/Assets	0.08
CFO/Debt	0.11
Total Debt/Equity Market Value	1.16
Total Debt/Sales	1.17
Total Debt/Pre-Tax Profit	36.64
Total Debt	72.21	m
Total Debt/Net Current Assets	6.66	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	12.72	%
Earn drops > 5% in 10yrs	3

Beta (60-Mnth)	Beta (36-Mnth)
0.1235	0.1338

(Profitability Ratios)
Return On Capital Employed (ROCE)	2.70	%
Return On Assets (ROA)	1.18	%
Net Profit Margin	1.60	%
Assets Turnover	0.74
Return On Equity (ROE)	5.36	%
Return On Investment (ROI)	1.45	%
Dividend Payout Ratio	-	%
Plowback Ratio	100.00	%
Growth from Plowback Ratio	5.76	%
Net Income Of Revenues	-2.17	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	3.61
Fixed Assets Turnover	1.03
Current Assets Turnover	2.57
Net Working Capital Turnover
Inventory Turnover	106.82
(Other Operating Ratios)
Total Assets-to-Sales	1.36
Debtors-to-Sales	20.33	%
Debt Collection Period	74.22	Days

Name	Activity	Type	Mnemonic	Code
Shore Capital Stockbrokers Ltd	Market Maker(MMF)	Broker/Dealer	SCAP	SHOCGB21
Winterflood Securities Ltd	Market Maker(MMF)	Broker/Dealer	WINS	WNTSGB2LBIC