Aveva (AVV)

[ADVERT]

Company name:	Aveva Group Plc
EPIC:	AVV	Trading Currency:	GBX
Market Sector:	FS10	ISIN:	GB00BBG9VN75
Market Segment:	SET1	Share Type:	DE
WWW Address:	http://www.aveva.com/	Description:	ORD 3 5/9P
Industry Sector:	SOFTWARE & COMPUTER SERVICES

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
3,207.00	-27.0 [-0.83]	3,198.00	3,200.00	3,239.00	3,269.00	3,196.00	270,105
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
9,657.95	301.15	-0.90	11.35	39.00	282.56	1.22	4,242.00 - 3,076.00

Aveva Key Figures

(at previous day's close)
Market Cap.	9,657.95	m
Shares In Issue	301.15	m
Prev. Close	3,234.00
PE Ratio	282.56
Dividend Yield	1.22	%
EPS - basic	11.35	p
Dividend PS	39.00	p
Dividend Cover	0.29
Cash Flow PS	19.39	p
Return On Equity (ROE)	0.48	%
Operating Margin	4.17	%
PEG Factor	-3.83
EPS Growth Rate	-73.82	%
Dividends PS Growth Rate	-12.36	%
Net Debt	1,141.20	m
Gross Gearing	21.65	%
Quick Assets	886.50	m
Net Working Capital	307.00	m
Intangibles / Fixed Assets	98.90	%
Turnover PS	272.42	p
Pre-Tax Profit PS	11.36	p
Retained Profit PS	-19.13	p
Cash PS	97.59	p
Net Cash PS	-94.84	p
Net Tangible Asset Value PS *	-161.25	p
Net Asset Value PS	1,724.28	p
Spread	2.00 (0.06%)
* 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.

Aveva Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	3,294.00	3,179.00
4 weeks	3,610.00	3,179.00
12 weeks	4,107.00	3,179.00
1 year	4,242.00	3,076.00

Share Price Chart (5 years)

Aveva Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	3,188.00	19.00	0.60	3,179.00	0.40		3,226.80
4 weeks	3,541.00	-334.00	-9.43	3,179.00	0.43		3,338.89
12 weeks	4,104.00	-897.00	-21.86	3,179.00	0.42		3,608.98
26 weeks	3,490.00	-283.00	-8.11	3,179.00	0.34		3,714.77
1 year	3,127.00	80.00	2.56	3,076.00	0.35		3,602.14
3 years	2,610.00	597.00	22.87	2,264.00	0.31		3,796.60
5 years	1,678.00	1,529.00	91.12	1,678.00	0.28		3,309.75
† periods calculated are whole weeks rather than calendar months

Aveva Key Management Ratios

Aveva Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	672.03
PE Ratio	282.56
Tobin's Q Ratio	2.12
Tobin's Q Ratio (excl. intangibles)	12.58
Dividend Yield	1.22	%
Market-to-Book Ratio	1.86
Price-to-Pre-Tax Profit PS	282.40
Price-to-Retained Profit PS	-167.67
Price-to-Cash Flow PS	165.38
Price-to-Sales PS	11.77
Price-to-Net Tangible Asset Value PS	-19.89
Price-to-Cash PS	32.86
Net Working Capital PS	101.94
Price Pct to Working Capital PS	31.46	%
Earnings Yield	0.35	%
Average PE	121.88
Years in average	5
PE to PE average	231.84	%

Aveva Financial Ratios

(Leverage Ratios)
Debt Ratio	14.15	%
Debt-to-Equity Ratio	0.16
Debt-to-Equity Ratio (excl. Intgbl)	-1.76
Debt-to-Equity Market Value	0.09
Net Gearing	17.22	%
Net Gearing (excl. Intangibles)	120.19	%
Gross Gearing	21.65	%
Gross Gearing (excl. Intangibles)	151.14	%
Gearing Under 1 Year	8.74	%
Gearing Under 1 Year (excl. Intgbl)	61.03	%
Assets/Equity	1.28
Cash/Equity	5.66
(Liquidity Ratios)
Net Working Capital to Total Assets	4.63	%
Current Ratio	1.53
Quick Ratio (Acid Test)	1.53
Liquidity Ratio	0.51
Cash & Equiv/Current Assets	33.15	%
(Solvency Ratios)
Enterprise Value	10,219.65	m
CFO/Sales	0.07
CFO/Attributable Profit	2.35
CFO/Assets	0.01
CFO/Debt	0.04
Total Debt/Equity Market Value	0.15
Total Debt/Sales	1.75
Total Debt/Pre-Tax Profit	41.96
Total Debt	1,435.10	m
Total Debt/Net Current Assets	4.67	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	8

Beta (60-Mnth)	Beta (36-Mnth)
-0.8985	-0.0096

Aveva Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	0.57	%
Return On Assets (ROA)	0.54	%
Net Profit Margin	3.02	%
Assets Turnover	0.18
Return On Equity (ROE)	0.48	%
Return On Investment (ROI)	0.61	%
Dividend Payout Ratio	343.61	%
Plowback Ratio	-243.61	%
Growth from Plowback Ratio	-1.69	%
Net Income Of Revenues	-7.02	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.23
Fixed Assets Turnover	0.21
Current Assets Turnover	1.15
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	5.55
Debtors-to-Sales	62.23	%
Debt Collection Period	227.12	Days

Aveva Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
12 Nov 2021	Interim	GBX	13.00	30/03/2021	30/09/2021	06/01/2022	07/01/2022	04/02/2022	-
25 May 2021	Final	GBX	23.50	31/03/2020	31/03/2021	08/07/2021	09/07/2021	04/08/2021	39.00
05 Nov 2020	Interim	GBX	15.50	31/03/2020	31/03/2021	07/01/2021	08/01/2021	05/02/2021	-
09 Jun 2020	Final	GBX	29.00	31/03/2019	31/03/2020	09/07/2020	10/07/2020	11/08/2020	44.50
12 Nov 2019	Interim	GBX	15.50	31/03/2019	31/03/2020	09/01/2020	10/01/2020	07/02/2020	-
29 May 2019	Final	GBX	29.00	31/03/2018	31/03/2019	04/07/2019	05/07/2019	02/08/2019	43.00
20 Nov 2018	Interim	GBX	14.00	31/03/2018	31/03/2019	03/01/2019	04/01/2019	01/02/2019	-
14 Jun 2018	Final	GBX	27.00	31/03/2017	31/03/2018	05/07/2018	06/07/2018	03/08/2018	27.00
23 May 2017	Final	GBX	27.00	31/03/2016	31/03/2017	06/07/2017	07/07/2017	04/08/2017	40.00
08 Nov 2016	Interim	GBX	13.00	31/03/2016	31/03/2017	05/01/2017	06/01/2017	03/02/2017	-
24 May 2016	Final	GBX	30.00	31/03/2015	31/03/2016	30/06/2016	01/07/2016	05/08/2016	36.00
10 Nov 2015	Interim	GBX	6.00	31/03/2015	31/03/2016	31/12/2015	04/01/2016	29/01/2016	-
19 May 2015	Final	GBX	25.00	31/03/2014	31/03/2015	02/07/2015	03/07/2015	03/08/2015	30.50
10 Nov 2014	Interim	GBX	5.50	31/03/2014	31/03/2015	04/01/2015	05/01/2015	02/02/2015	-
27 May 2014	Final	GBX	22.00	31/03/2013	31/03/2014	25/06/2014	27/06/2014	25/07/2014	27.00
18 Nov 2013	Interim	GBX	5.00	31/03/2013	31/03/2014	31/12/2013	03/01/2014	03/02/2014	-
10 Jun 2013	Special	GBX	147.00	31/03/2013	31/03/2014	10/07/2013	12/07/2013	09/08/2013	-
23 May 2013	Final	GBX	19.50	31/03/2012	31/03/2013	19/06/2013	21/06/2013	26/07/2013	24.00
12 Nov 2012	Interim	GBX	4.50	31/03/2012	31/03/2013	02/01/2013	04/01/2013	01/02/2013	-
28 May 2012	Final	GBX	17.00	31/03/2011	31/03/2012	20/06/2012	22/06/2012	27/07/2012	21.00
15 Nov 2011	Interim	GBX	4.00	31/03/2011	31/03/2012	04/01/2012	06/01/2012	03/02/2012	-
25 May 2011	Final	GBX	14.89	31/03/2010	31/03/2011	22/06/2011	24/06/2011	29/07/2011	18.25
10 Nov 2010	Interim	GBX	3.36	31/03/2010	31/03/2011	05/01/2011	07/01/2011	04/02/2011	-
26 May 2010	Final	GBX	13.90	31/03/2009	31/03/2010	23/06/2010	25/06/2010	30/07/2010	16.90
12 Nov 2009	Interim	GBX	3.00	30/03/2009	30/09/2009	06/01/2010	08/01/2010	05/02/2010	-
26 May 2009	Final	GBX	6.50	31/03/2008	31/03/2009	24/06/2009	26/06/2009	31/07/2009	9.36
11 Nov 2008	Interim	GBX	2.86	30/03/2008	30/09/2008	05/01/2009	07/01/2009	09/02/2009	-
27 May 2008	Final	GBX	5.00	31/03/2007	31/03/2008	25/06/2008	27/06/2008	01/08/2008	6.65
12 Nov 2007	Interim	GBX	1.65	30/03/2007	30/09/2007	02/01/2008	04/01/2008	08/02/2008	-
21 May 2007	Final	GBX	2.94	31/03/2006	31/03/2007	27/06/2007	29/06/2007	01/08/2007	4.18
14 Nov 2006	Interim	GBX	1.24	30/03/2006	30/09/2006	03/01/2007	05/01/2007	09/02/2007	-
18 May 2006	Final	GBX	5.20	31/03/2005	31/03/2006	28/06/2006	30/06/2006	01/08/2006	2.47
09 Nov 2005	Interim	GBX	2.20	30/03/2005	30/09/2005	04/01/2006	06/01/2006	27/01/2006	-
18 May 2005	Final	GBX	4.30	31/03/2004	31/03/2005	29/06/2005	01/07/2005	01/08/2005	2.03
10 Nov 2004	Interim	GBX	1.80	30/03/2004	30/09/2004	05/01/2005	07/01/2005	28/01/2005	-
19 May 2004	Final	GBX	4.00	31/03/2003	31/03/2004	30/06/2004	02/07/2004	02/08/2004	1.93
05 Nov 2003	Interim	GBX	1.80	30/03/2003	30/09/2003	07/01/2004	09/01/2004	30/01/2004	-
20 May 2003	Final	GBX	3.80	31/03/2002	31/03/2003	02/07/2003	04/07/2003	01/08/2003	1.87
05 Nov 2002	Interim	GBX	1.80	30/03/2002	30/09/2002	04/01/2003	06/01/2003	24/01/2003	-
22 May 2002	Final	GBX	3.60	31/03/2001	31/03/2002	03/07/2002	05/07/2002	02/08/2002	1.80
08 Nov 2001	Interim	GBX	1.80	30/03/2001	30/09/2001	02/01/2002	04/01/2002	25/01/2002	-
23 May 2001	Final	GBX	3.60	31/03/2000	31/03/2001	04/07/2001	06/07/2001	03/08/2001	1.80
07 Nov 2000	Interim	GBX	1.80	30/03/2000	30/09/2000	27/12/2000	03/01/2001	26/01/2001	-
24 May 2000	Final	GBX	3.60	31/03/1999	31/03/2000	03/07/2000	07/07/2000	04/08/2000	1.80
09 Nov 1999	Interim	GBX	1.80	30/03/1999	30/09/1999	29/12/1999	06/01/2000	28/01/2000	-
14 Jun 1999	Final	GBX	3.20	31/03/1998	31/03/1999	12/07/1999	16/07/1999	06/08/1999	1.60
11 Nov 1998	Interim	GBX	1.60	30/03/1998	30/09/1998	04/01/1999	08/01/1999	29/01/1999	-
15 Jun 1998	Final	GBX	2.40	31/03/1997	31/03/1998	22/06/1998	26/06/1998	21/07/1998	1.20

Aveva Fundamentals

	31 Mar 2018 (GBP)		31 Mar 2019 (GBP)		31 Mar 2020 (GBP)		31 Mar 2021 (GBP)
turnover	499.10	100.00%	766.60	100.00%	833.80	100.00%	820.40	100.00%	m
pre tax profit	46.88	9.39%	46.70	6.09%	92.00	11.03%	34.20	4.17%	m
attributable profit	47.66	9.55%	33.80	4.41%	69.80	8.37%	24.80	3.02%	m
retained profit	4.13	0.83%	-32.20	-4.20%	-1.90	-0.23%	-57.60	-7.02%	m
eps - basic (p)	46.97		20.97		43.35		11.35
eps - diluted (p)	46.73		20.90		43.13		11.27
dividends per share	27.00		43.00		44.50		39.00

Aveva Balance Sheet

	31 Mar 2018 (GBP)		31 Mar 2019 (GBP)		31 Mar 2020 (GBP)		31 Mar 2021 (GBP)


	31 Mar 2018 (GBP)		31 Mar 2019 (GBP)		31 Mar 2020 (GBP)		31 Mar 2021 (GBP)
ASSETS
fixed assets	14.83	0.63%	17.10	0.71%	27.60	1.11%	48.50	0.73%	m
intangibles	1,951.73	82.29%	1,884.80	78.51%	1,890.00	76.35%	5,678.30	85.67%	m
fixed investments	6.01	0.25%	7.10	0.30%	14.90	0.60%	14.50	0.22%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	293.49	12.37%	364.60	15.19%	428.40	17.31%	592.60	8.94%	m
cash & securities	105.65	4.45%	127.20	5.30%	114.50	4.63%	293.90	4.43%	m

TOTAL	2,371.71	100%	2,400.80	100%	2,475.40	100%	6,627.80	100%	m

LIABILITIES
creditors - short	317.16	13.37%	346.20	14.42%	349.00	14.10%	579.50	8.74%	m
creditors - long	128.33	5.41%	130.10	5.42%	184.70	7.46%	855.60	12.91%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	445.49	18.78%	476.30	19.84%	533.70	21.56%	1,435.10	21.65%	m

EQUITY
ord cap, reserves	1,926.22	81.22%	1,924.50	80.16%	1,941.70	78.44%	5,192.70	78.35%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	1,926.22	81.22%	1,924.50	80.16%	1,941.70	78.44%	5,192.70	78.35%	m

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

Aveva Cash Flow Statement

	31 Mar 2018 (GBP)	31 Mar 2019 (GBP)	31 Mar 2020 (GBP)	31 Mar 2021 (GBP)
Operating CF	62.57	136.70	122.10	58.40	m
Pre-Financing CF	195.58	109.50	82.20	-3,064.00	m
Retained CF	82.23	23.50	-11.40	281.70	m

Aveva Brokers

Name	Activity	Type	Mnemonic	Code
THE ROYAL BANK OF SCOT N.V.	Market Maker(MME)	Broker/Dealer	RBSM	ABNAGB22
Altium Capital Limited	Market Maker(MME)	Broker/Dealer	ALTI	APCFGB21
J.P. Morgan Cazenove Limited	Market Maker(MME)	Broker/Dealer	CAZR	CAZEGB2L
Deutsche Bank AG London Branch	Market Maker(MME)	Broker/Dealer	DEUT	DEUTGB2L
Commerzbank AG	Market Maker(MME)	Broker/Dealer	KLWT	DRESGB2LPST
Evolution Securities Limited	Market Maker(MME)	Broker/Dealer	EVO	EVBGGB21MMT
Canaccord Genuity Limited	Market Maker(MME)	Broker/Dealer	CANA	HOARGB21001
Piper Jaffray Ltd	Market Maker(MME)	Broker/Dealer	PIPR	PIPRGB21
Panmure Gordon (UK) Limited	Market Maker(MME)	Broker/Dealer	PMUR	PMURGB2L
Numis Securities Limited	Market Maker(MME)	Broker/Dealer	NUMS	RAZHGB2LBIC
Royal Bank of Canada Europe	Market Maker(MME)	Broker/Dealer	RBCE	ROYCGB22
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