Assura (AGR)

Company name:	Assura Plc
EPIC:	AGR	Trading Currency:	GBX
Market Sector:	F25F	ISIN:	GB00BVGBWW93
Market Segment:	STMM	Share Type:	DE
WWW Address:	http://www.assuragroup.co.uk	Description:	ORD 10P
Industry Sector:	FOOD & DRUG RETAILERS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
66.45	0.25 [0.38]	66.30	66.40	67.45	67.45	66.10	2,811,983
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
1,964.64	2,956.56	-0.01	5.60	-	11.87	-	80.60 - 59.30

Assura Key Figures

(at previous day's close)
Market Cap.	1,964.64	m
Shares In Issue	2,956.56	m
Prev. Close	66.20
PE Ratio	11.87
Dividend Yield	-	%
EPS - basic	5.60	p
Dividend PS	-	p
Dividend Cover	-
Cash Flow PS	3.20	p
Return On Equity (ROE)	8.71	%
Operating Margin	113.81	%
PEG Factor	0.32
EPS Growth Rate	36.59	%
Dividends PS Growth Rate	-	%
Net Debt	1,087.40	m
Gross Gearing	42.65	%
Quick Assets	349.10	m
Net Working Capital	274.00	m
Intangibles / Fixed Assets	-	%
Turnover PS	4.63	p
Pre-Tax Profit PS	5.27	p
Retained Profit PS	2.72	p
Cash PS	8.24	p
Net Cash PS	5.70	p
Net Tangible Asset Value PS *	60.53	p
Net Asset Value PS	60.70	p
Spread	0.10 (0.15%)
* 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.

Assura Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	67.45	64.45
4 weeks	70.15	64.45
12 weeks	72.35	63.10
1 year	80.60	59.30

Share Price Chart (5 years)

Assura Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	66.20	0.25	0.38	64.45	5.52		65.41
4 weeks	69.20	-2.75	-3.97	64.45	6.77		67.32
12 weeks	67.90	-1.45	-2.14	63.10	6.68		67.77
26 weeks	69.40	-2.95	-4.25	59.30	8.32		66.26
1 year	76.10	-9.65	-12.68	59.30	7.52		69.24
3 years	65.00	1.45	2.23	59.30	6.48		73.05
5 years	63.80	2.65	4.15	52.40	5.55		68.80
† periods calculated are whole weeks rather than calendar months

Assura Key Management Ratios

Assura Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	8.86
PE Ratio	11.87
Tobin's Q Ratio	0.69
Tobin's Q Ratio (excl. intangibles)	0.69
Dividend Yield	-	%
Market-to-Book Ratio	1.10
Price-to-Pre-Tax Profit PS	12.61
Price-to-Retained Profit PS	24.41
Price-to-Cash Flow PS	20.77
Price-to-Sales PS	14.35
Price-to-Net Tangible Asset Value PS	1.09
Price-to-Cash PS	8.07
Net Working Capital PS	9.27
Price Pct to Working Capital PS	7.17	%
Earnings Yield	8.43	%
Average PE	18.44
Years in average	5
PE to PE average	64.34	%

Assura Financial Ratios

(Leverage Ratios)
Debt Ratio	41.24	%
Debt-to-Equity Ratio	0.70
Debt-to-Equity Ratio (excl. Intgbl)	0.70
Debt-to-Equity Market Value	0.64
Net Gearing	34.85	%
Net Gearing (excl. Intangibles)	34.85	%
Gross Gearing	42.65	%
Gross Gearing (excl. Intangibles)	42.65	%
Gearing Under 1 Year	2.41	%
Gearing Under 1 Year (excl. Intgbl)	2.41	%
Assets/Equity	1.74
Cash/Equity	13.61
(Liquidity Ratios)
Net Working Capital to Total Assets	8.78	%
Current Ratio	4.65
Quick Ratio (Acid Test)	4.65
Liquidity Ratio	3.24
Cash & Equiv/Current Assets	69.75	%
(Solvency Ratios)
Enterprise Value	2,976.94	m
CFO/Sales	0.69
CFO/Attributable Profit	0.61
CFO/Assets	0.03
CFO/Debt	0.07
Total Debt/Equity Market Value	0.68
Total Debt/Sales	9.72
Total Debt/Pre-Tax Profit	8.54
Total Debt	1,330.90	m
Total Debt/Net Current Assets	4.86	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	19.28	%
5 yr Compound Earnings Growth	8.64	%
10 yr Compound Earnings Growth	7.57	%
Earn drops > 5% in 10yrs	8

Beta (60-Mnth)	Beta (36-Mnth)
-0.0118	-0.0070

Assura Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	5.12	%
Return On Assets (ROA)	5.49	%
Net Profit Margin	113.88	%
Assets Turnover	0.05
Return On Equity (ROE)	8.71	%
Return On Investment (ROI)	5.63	%
Dividend Payout Ratio	-	%
Plowback Ratio	100.00	%
Growth from Plowback Ratio	9.39	%
Net Income Of Revenues	58.80	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.08
Fixed Assets Turnover	0.05
Current Assets Turnover	0.62
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	20.74
Debtors-to-Sales	20.85	%
Debt Collection Period	76.12	Days

Assura Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
31 May 2022	Quarterly	GBX	0.78	02/03/2022	30/06/2022	09/06/2022	10/06/2022	13/07/2022	-
03 Mar 2022	Quarterly	GBX	0.74	31/03/2021	31/03/2022	10/03/2022	11/03/2022	13/04/2022	2.96
02 Dec 2021	Quarterly	GBX	0.74	31/08/2021	31/12/2021	09/12/2021	10/12/2021	12/01/2022	-
02 Sep 2021	Quarterly	GBX	0.74	30/03/2021	30/09/2021	09/09/2021	10/09/2021	13/10/2021	-
03 Jun 2021	Quarterly	GBX	0.74	02/03/2021	30/06/2021	10/06/2021	11/06/2021	14/07/2021	-
04 Mar 2021	Quarterly	GBX	0.71	31/03/2020	31/03/2021	11/03/2021	12/03/2021	14/04/2021	2.84
03 Dec 2020	Quarterly	GBX	0.71	31/08/2020	31/12/2020	10/12/2020	11/12/2020	13/01/2021	-
03 Sep 2020	Quarterly	GBX	0.71	30/03/2020	30/09/2020	10/09/2020	11/09/2020	14/10/2020	-
04 Jun 2020	Quarterly	GBX	0.71	01/03/2020	30/06/2020	11/06/2020	12/06/2020	15/07/2020	-
05 Mar 2020	Quarterly	GBX	0.69	31/03/2019	31/03/2020	12/03/2020	13/03/2020	15/04/2020	2.75
05 Dec 2019	Quarterly	GBX	0.69	31/08/2019	31/12/2019	12/12/2019	13/12/2019	15/01/2020	-
05 Sep 2019	Quarterly	GBX	0.69	30/03/2019	30/09/2019	12/09/2019	13/09/2019	16/10/2019	-
06 Jun 2019	Quarterly	GBX	0.68	02/03/2019	30/06/2019	13/06/2019	14/06/2019	17/07/2019	-
07 Mar 2019	Final	GBX	0.69	31/03/2018	31/03/2019	14/03/2019	15/03/2019	17/04/2019	2.68
06 Dec 2018	Quarterly	GBX	0.68	31/08/2018	31/12/2018	13/12/2018	14/12/2018	16/01/2019	-
06 Sep 2018	Quarterly	GBX	0.66	30/03/2018	30/09/2018	13/09/2018	14/09/2018	17/10/2018	-
07 Jun 2018	Quarterly	GBX	0.65	02/03/2018	30/06/2018	14/06/2018	15/06/2018	18/07/2018	-
08 Mar 2018	Final	GBX	0.66	31/03/2017	31/03/2018	15/03/2018	16/03/2018	18/04/2018	2.51
07 Dec 2017	Quarterly	GBX	0.65	31/08/2017	31/12/2017	14/12/2017	15/12/2017	17/01/2018	-
07 Sep 2017	Quarterly	GBX	0.60	30/03/2017	30/09/2017	14/09/2017	15/09/2017	18/10/2017	-
08 Jun 2017	Quarterly	GBX	0.60	02/03/2017	30/06/2017	15/06/2017	16/06/2017	19/07/2017	-
09 Mar 2017	Final	GBX	0.60	31/03/2016	31/03/2017	16/03/2017	17/03/2017	19/04/2017	2.30
08 Dec 2016	Quarterly	GBX	0.60	31/08/2016	31/12/2016	15/12/2016	16/12/2016	18/01/2017	-
08 Sep 2016	Quarterly	GBX	0.55	30/03/2016	30/09/2016	15/09/2016	16/09/2016	19/10/2016	-
16 Jun 2016	Quarterly	GBX	0.55	01/03/2016	30/06/2016	23/06/2016	24/06/2016	27/07/2016	-
09 Dec 2015	Quarterly	GBX	0.55	31/08/2015	31/12/2015	17/12/2015	18/12/2015	20/01/2016	-
13 Oct 2015	Quarterly	GBX	0.50	30/03/2015	30/09/2015	22/10/2015	23/10/2015	04/11/2015	-
18 Jun 2015	Quarterly	GBX	0.50	02/03/2015	30/06/2015	09/07/2015	10/07/2015	22/07/2015	-
10 Mar 2016	Final	GBX	0.55	31/03/2014	31/03/2015	17/03/2016	18/03/2016	20/04/2016	2.10
02 Apr 2015	Final	GBX	0.50	31/03/2014	31/03/2015	16/04/2015	17/04/2015	30/04/2015	1.90
27 Nov 2014	Quarterly	GBX	0.50	31/08/2014	31/12/2014	08/01/2015	09/01/2015	21/01/2015	-
15 Oct 2014	Quarterly	GBX	0.45	30/03/2014	30/09/2014	23/10/2014	24/10/2014	05/11/2014	-
23 May 2014	Quarterly	GBX	0.45	02/03/2014	30/06/2014	09/07/2014	11/07/2014	23/07/2014	-
02 Apr 2014	Final	GBX	0.45	31/03/2013	31/03/2014	09/04/2014	11/04/2014	23/04/2014	1.36
20 Dec 2013	Quarterly	GBX	0.31	31/08/2013	31/12/2013	08/01/2014	10/01/2014	22/01/2014	-
03 Oct 2013	Quarterly	GBX	0.30	30/03/2013	30/09/2013	09/10/2013	11/10/2013	23/10/2013	-
17 Jun 2013	Quarterly	GBX	0.30	02/03/2013	30/06/2013	10/07/2013	12/07/2013	24/07/2013	-
21 Dec 2012	Interim	GBX	0.29	31/03/2012	31/03/2013	09/01/2013	11/01/2013	23/01/2013	0.85
28 Sep 2012	Interim	GBX	0.29	31/03/2012	31/03/2013	10/10/2012	12/10/2012	24/10/2012	-
26 Jun 2012	Interim	GBX	0.29	31/03/2012	31/03/2013	04/07/2012	06/07/2012	25/07/2012	-
21 Jun 2011	Final	GBX	1.25	31/03/2010	31/03/2011	29/06/2011	01/07/2011	26/07/2011	2.25
23 Nov 2010	Interim	GBX	1.00	31/03/2010	31/03/2011	01/12/2010	03/12/2010	07/01/2011	-
28 Nov 2007	Interim	GBX	1.75	30/03/2007	30/09/2007	05/12/2007	07/12/2007	09/01/2008	4.08
18 Sep 2007	Interim	GBX	2.33	30/12/2006	30/06/2007	26/09/2007	28/09/2007	19/10/2007	-
27 Mar 2007	Final	GBX	4.00	31/12/2005	31/12/2006	04/04/2007	10/04/2007	04/05/2007	6.00
19 Sep 2006	Interim	GBX	2.00	30/12/2005	30/06/2006	27/09/2006	29/09/2006	27/10/2006	-
13 Apr 2006	Final	GBX	3.34	31/12/2004	31/12/2005	03/05/2006	05/05/2006	09/06/2006	5.00
13 Sep 2005	Interim	GBX	1.66	30/12/2004	30/06/2005	21/09/2005	23/09/2005	14/10/2005	-
23 Mar 2005	Final	GBX	2.67	31/12/2003	31/12/2004	06/07/2005	08/07/2005	11/04/2005	4.00
14 Sep 2004	Interim	GBX	1.33	31/12/2003	31/12/2004	30/03/2005	01/04/2005	15/10/2004	-

Assura Fundamentals

	31 Mar 2019 (GBP)		31 Mar 2020 (GBP)		31 Mar 2021 (GBP)		31 Mar 2022 (GBP)
turnover	99.30	100.00%	111.50	100.00%	120.80	100.00%	136.90	100.00%	m
pre tax profit	63.80	64.25%	78.90	70.76%	108.30	89.65%	155.80	113.81%	m
attributable profit	63.80	64.25%	78.90	70.76%	108.30	89.65%	155.90	113.88%	m
retained profit	8.80	8.86%	22.30	20.00%	46.40	38.41%	80.50	58.80%	m
eps - basic (p)	2.70		3.30		4.10		5.60
eps - diluted (p)	2.70		3.30		4.10		5.60
dividends per share	2.68		-		-		-

Assura Balance Sheet

	31 Mar 2019 (GBP)		31 Mar 2020 (GBP)		31 Mar 2021 (GBP)		31 Mar 2022 (GBP)


	31 Mar 2019 (GBP)		31 Mar 2020 (GBP)		31 Mar 2021 (GBP)		31 Mar 2022 (GBP)
ASSETS
fixed assets	0.20	0.01%	11.30	0.51%	13.90	0.54%	15.70	0.50%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	1,978.80	97.47%	2,139.20	96.83%	2,454.00	95.97%	2,755.70	88.31%	m
current assets - other	17.60	0.87%	20.70	0.94%	14.70	0.57%	76.40	2.45%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	15.20	0.75%	19.60	0.89%	27.90	1.09%	29.20	0.94%	m
cash & securities	18.30	0.90%	18.50	0.84%	46.60	1.82%	243.50	7.80%	m

TOTAL	2,030.10	100%	2,209.30	100%	2,557.10	100%	3,120.50	100%	m

LIABILITIES
creditors - short	69.80	3.44%	66.10	2.99%	66.20	2.59%	75.10	2.41%	m
creditors - long	680.40	33.52%	840.80	38.06%	960.20	37.55%	1,255.80	40.24%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	750.20	36.95%	906.90	41.05%	1,026.40	40.14%	1,330.90	42.65%	m

EQUITY
ord cap, reserves	1,279.90	63.05%	1,302.40	58.95%	1,530.70	59.86%	1,789.60	57.35%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	1,279.90	63.05%	1,302.40	58.95%	1,530.70	59.86%	1,789.60	57.35%	m

OTHER
NAV Basic	53.40		-		57.30		60.70
NAV Diluted	53.30		-		57.30		60.70

Assura Cash Flow Statement

	31 Mar 2019 (GBP)	31 Mar 2020 (GBP)	31 Mar 2021 (GBP)	31 Mar 2022 (GBP)
Operating CF	72.90	66.30	77.40	94.60	m
Pre-Financing CF	-151.30	-99.90	-190.10	-199.30	m
Retained CF	-10.40	0.20	28.10	196.90	m

Assura Brokers

Name	Activity	Type	Mnemonic	Code
Cenkos Securities Plc	Market Maker(MME)	Broker/Dealer	CNKS	CNKOGB21
Investec Bank Plc	Market Maker(MME)	Broker/Dealer	INV.	IHCSGB21002
J.P. Morgan Securities Ltd	Market Maker(MME)	Broker/Dealer	JPMS	JPMSGB2L
Numis Securities Limited	Market Maker(MME)	Broker/Dealer	NUMS	RAZHGB2LBIC
Merrill Lynch International	Market Maker(MME)	Broker/Dealer	MLSB	SNCSGB2LBIC
UBS AG	Market Maker(MME)	Broker/Dealer	UBS.	UBSWGB2LEQU
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC