Athelney (ATY)

Company name:	Athelney Trust Plc
EPIC:	ATY	Trading Currency:	GBX
Market Sector:	SQQ3	ISIN:	GB0000609296
Market Segment:	SSQ3	Share Type:	DE
WWW Address:	http://www.athelneytrust.co.uk/home.php	Description:	ORD 25P
Industry Sector:	EQUITY INVESTMENT INSTRUMENTS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
215.00	0.0 [0.00]	200.00	230.00	215.00	215.00	215.00	-
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
4.64	2.16	0.06	9.10	-	23.63	-	245.00 - 160.00

Athelney Key Figures

(at previous day's close)
Market Cap.	4.64	m
Shares In Issue	2.16	m
Prev. Close	215.00
PE Ratio	23.63
Dividend Yield	-	%
EPS - basic	9.10	p
Dividend PS	-	p
Dividend Cover	-
Cash Flow PS	-0.79	p
Return On Equity (ROE)	3.40	%
Operating Margin	84.23	%
PEG Factor	-2.92
EPS Growth Rate	-8.08	%
Dividends PS Growth Rate	-	%
Net Debt	-0.07	m
Gross Gearing	0.38	%
Quick Assets	0.31	m
Net Working Capital	0.29	m
Intangibles / Fixed Assets	-	%
Turnover PS	10.76	p
Pre-Tax Profit PS	9.07	p
Retained Profit PS	-0.03	p
Cash PS	4.21	p
Net Cash PS	3.19	p
Net Tangible Asset Value PS *	266.87	p
Net Asset Value PS	266.90	p
Spread	30.00 (13.04%)
* 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.

Athelney Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	215.00	215.00
4 weeks	215.00	215.00
12 weeks	215.00	175.00
1 year	245.00	160.00

Share Price Chart (5 years)

Athelney Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	215.00	-	-	215.00	0.00		215.00
4 weeks	215.00	-	-	215.00	0.00		215.00
12 weeks	185.00	30.00	16.22	175.00	0.00		190.56
26 weeks	165.00	50.00	30.30	165.00	0.00		186.53
1 year	245.00	-30.00	-12.24	160.00	0.01		171.96
3 years	262.00	-47.00	-17.94	160.00	0.01		203.65
5 years	225.00	-10.00	-4.44	160.00	0.01		209.06
† periods calculated are whole weeks rather than calendar months

Athelney Key Management Ratios

Athelney Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	-
PE Ratio	23.63
Tobin's Q Ratio	0.87
Tobin's Q Ratio (excl. intangibles)	0.87
Dividend Yield	-	%
Market-to-Book Ratio	0.81
Price-to-Pre-Tax Profit PS	23.71
Price-to-Retained Profit PS	-6,408.07
Price-to-Cash Flow PS	-270.49
Price-to-Sales PS	19.98
Price-to-Net Tangible Asset Value PS	0.81
Price-to-Cash PS	51.04
Net Working Capital PS	13.56
Price Pct to Working Capital PS	15.86	%
Earnings Yield	4.23	%
Average PE	25.86
Years in average	5
PE to PE average	91.35	%

Athelney Financial Ratios

(Leverage Ratios)
Debt Ratio	-	%
Debt-to-Equity Ratio	-
Debt-to-Equity Ratio (excl. Intgbl)	-
Debt-to-Equity Market Value	-
Net Gearing	-1.19	%
Net Gearing (excl. Intangibles)	-1.19	%
Gross Gearing	0.38	%
Gross Gearing (excl. Intangibles)	0.38	%
Gearing Under 1 Year	0.38	%
Gearing Under 1 Year (excl. Intgbl)	0.38	%
Assets/Equity	1.00
Cash/Equity	1.58
(Liquidity Ratios)
Net Working Capital to Total Assets	5.06	%
Current Ratio	14.23
Quick Ratio (Acid Test)	14.23
Liquidity Ratio	4.11
Cash & Equiv/Current Assets	28.89	%
(Solvency Ratios)
Enterprise Value	4.55	m
CFO/Sales	-0.07
CFO/Attributable Profit	-
CFO/Assets	-0.00
CFO/Debt	-0.78
Total Debt/Equity Market Value	0.00
Total Debt/Sales	0.10
Total Debt/Pre-Tax Profit	0.11
Total Debt	0.02	m
Total Debt/Net Current Assets	0.08	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	4.79	%
Earn drops > 5% in 10yrs	5

Beta (60-Mnth)	Beta (36-Mnth)
0.0597	0.0667

Athelney Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	3.40	%
Return On Assets (ROA)	3.66	%
Net Profit Margin	84.23	%
Assets Turnover	0.04
Return On Equity (ROE)	3.40	%
Return On Investment (ROI)	3.68	%
Dividend Payout Ratio	-	%
Plowback Ratio	100.00	%
Growth from Plowback Ratio	3.68	%
Net Income Of Revenues	-0.31	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.04
Fixed Assets Turnover	0.05
Current Assets Turnover	0.82
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	22.99
Debtors-to-Sales	94.11	%
Debt Collection Period	343.51	Days

Athelney Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
05 Mar 2019	Final	GBX	9.10	31/12/2017	31/12/2018	21/03/2019	22/03/2019	18/04/2019	9.10
16 Feb 2018	Final	GBX	8.90	31/12/2016	31/12/2017	01/03/2018	02/03/2018	06/04/2018	8.90
24 Feb 2017	Final	GBX	8.60	31/12/2015	31/12/2016	09/03/2017	10/03/2017	06/04/2017	8.60
04 Mar 2016	Final	GBX	7.90	31/12/2014	31/12/2015	17/03/2016	18/03/2016	14/04/2016	7.90
06 Mar 2015	Final	GBX	6.70	31/12/2013	31/12/2014	19/03/2015	20/03/2015	16/04/2015	6.70
07 Mar 2014	Final	GBX	5.50	31/12/2012	31/12/2013	19/03/2014	21/03/2014	14/04/2014	5.50
08 Mar 2013	Final	GBX	5.00	31/12/2011	31/12/2012	19/03/2013	21/03/2013	12/04/2013	5.00
13 Mar 2012	Final	GBX	4.95	31/12/2010	31/12/2011	14/03/2012	16/03/2012	24/04/2012	4.95
17 Mar 2011	Final	GBX	4.90	31/12/2009	31/12/2010	06/04/2011	08/04/2011	04/05/2011	4.90
25 Mar 2010	Final	GBX	4.70	31/12/2008	31/12/2009	03/03/2010	05/03/2010	01/04/2010	4.70
10 Apr 2007	Final	GBX	3.25	31/12/2005	31/12/2006	25/04/2007	27/04/2007	25/05/2007	3.25
20 Apr 2006	Final	GBX	2.50	31/12/2004	31/12/2005	26/04/2006	28/04/2006	26/05/2006	2.50
06 Apr 2005	Final	GBX	2.00	31/12/2003	31/12/2004	13/04/2005	15/04/2005	16/05/2005	2.00
06 Apr 2004	Final	GBX	1.80	31/12/2002	31/12/2003	14/04/2004	16/04/2004	17/05/2004	1.80
08 Apr 2003	Final	GBX	1.70	31/12/2001	31/12/2002	20/04/2003	22/04/2003	19/05/2003	1.70
09 Apr 2002	Final	GBX	1.70	31/12/2000	31/12/2001	17/04/2002	19/04/2002	20/05/2002	1.70
10 Apr 2001	Final	GBX	1.60	31/12/1999	31/12/2000	18/04/2001	20/04/2001	29/05/2001	1.60
11 Apr 2000	Final	GBX	1.50	31/12/1998	31/12/1999	17/04/2000	25/04/2000	01/06/2000	1.50
13 Apr 1999	Final	GBX	1.15	31/12/1997	31/12/1998	19/04/1999	23/04/1999	07/06/1999	1.15

Athelney Fundamentals

	31 Dec 2016 (GBP)		31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)
turnover	0.24	-	0.24	-	0.25	-	0.23	-	m
pre tax profit	0.21	-	0.21	-	0.21	-	0.20	-	m
attributable profit	0.21	-	0.21	-	0.21	-	0.20	-	m
retained profit	0.05	-	0.02	-	0.02	-	-0.00	-	m
eps - basic (p)	10.00		9.60		9.90		9.10
eps - diluted (p)	10.00		9.60		9.90		9.10
dividends per share	8.60		8.90		9.10		-

Athelney Balance Sheet

	31 Dec 2016 (GBP)		31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)


	31 Dec 2016 (GBP)		31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)
ASSETS
fixed assets	-	-%	-	-%	-	-%	-	-%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	5.12	94.18%	5.97	96.72%	4.65	94.92%	5.47	94.56%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	0.26	4.73%	0.16	2.54%	0.21	4.36%	0.22	3.87%	m
cash & securities	0.06	1.09%	0.05	0.73%	0.04	0.73%	0.09	1.57%	m

TOTAL	5.43	100%	6.17	100%	4.90	100%	5.78	100%	m

LIABILITIES
creditors - short	0.01	0.27%	0.02	0.38%	0.02	0.48%	0.02	0.38%	m
creditors - long	-	-%	-	-%	-	-%	-	-%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	0.01	0.27%	0.02	0.38%	0.02	0.48%	0.02	0.38%	m

EQUITY
ord cap, reserves	5.42	99.73%	6.15	99.62%	4.87	99.52%	5.76	99.62%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	5.42	99.73%	6.15	99.62%	4.87	99.52%	5.76	99.62%	m

OTHER
NAV Basic	251.10		284.80		225.90		266.90
NAV Diluted	251.10		284.80		225.90		266.90

Athelney Cash Flow Statement

	31 Dec 2016 (GBP)	31 Dec 2017 (GBP)	31 Dec 2018 (GBP)	31 Dec 2019 (GBP)
Operating CF	-0.03	0.18	-0.00	-0.02	m
Pre-Financing CF	-0.20	0.02	0.18	0.25	m
Retained CF	0.02	-0.01	-0.01	0.06	m

Athelney Brokers

Name	Activity	Type	Mnemonic	Code
Fairfax I.S. PLC	Market Maker(MMF)	Broker/Dealer	FFAX	FRFXGB21001
Winterflood Securities Ltd	Market Maker(MMF)	Broker/Dealer	WINS	WNTSGB2LBIC