Bisichi (BISI)

Company name:	Bisichi Plc
EPIC:	BISI	Trading Currency:	GBX
Market Sector:	SQSL	ISIN:	GB0001012045
Market Segment:	SSX3	Share Type:	DE
WWW Address:	http://www.bisichi.co.uk/	Description:	ORD 10P
Industry Sector:	MINING

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
80.00	0.0 [0.00]	75.00	85.00	80.00	80.00	80.00	4,819
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
8.40	10.50	0.04	9.80	1.00	8.16	1.25	110.00 - 45.00

Bisichi Key Figures

(at previous day's close)
Market Cap.	8.40	m
Shares In Issue	10.50	m
Prev. Close	80.00
PE Ratio	8.16
Dividend Yield	1.25	%
EPS - basic	9.80	p
Dividend PS	1.00	p
Dividend Cover	9.80
Cash Flow PS	39.50	p
Return On Equity (ROE)	5.25	%
Operating Margin	6.29	%
PEG Factor	-0.12
EPS Growth Rate	-68.44	%
Dividends PS Growth Rate	-83.33	%
Net Debt	13.46	m
Gross Gearing	50.74	%
Quick Assets	15.30	m
Net Working Capital	4.55	m
Intangibles / Fixed Assets	-	%
Turnover PS	458.15	p
Pre-Tax Profit PS	28.83	p
Retained Profit PS	3.86	p
Cash PS	73.52	p
Net Cash PS	-51.99	p
Net Tangible Asset Value PS *	189.83	p
Net Asset Value PS	195.78	p
Spread	10.00 (11.76%)
* 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.

Bisichi Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	80.00	70.00
4 weeks	80.00	65.00
12 weeks	80.00	55.00
1 year	110.00	45.00

Share Price Chart (5 years)

Bisichi Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	70.00	10.00	14.29	70.00	0.01		80.00
4 weeks	65.00	15.00	23.08	65.00	0.01		78.60
12 weeks	60.00	20.00	33.33	55.00	0.01		65.40
26 weeks	55.00	25.00	45.45	45.00	0.01		60.50
1 year	110.00	-30.00	-27.27	45.00	0.01		64.29
3 years	77.50	2.50	3.23	45.00	0.01		94.25
5 years	62.50	17.50	28.00	45.00	0.01		85.10
† periods calculated are whole weeks rather than calendar months

Bisichi Key Management Ratios

Bisichi Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	1.03
PE Ratio	8.16
Tobin's Q Ratio	0.20
Tobin's Q Ratio (excl. intangibles)	0.20
Dividend Yield	1.25	%
Market-to-Book Ratio	0.42
Price-to-Pre-Tax Profit PS	2.78
Price-to-Retained Profit PS	20.74
Price-to-Cash Flow PS	2.03
Price-to-Sales PS	0.17
Price-to-Net Tangible Asset Value PS	0.41
Price-to-Cash PS	1.09
Net Working Capital PS	43.34
Price Pct to Working Capital PS	1.85	%
Earnings Yield	12.25	%
Average PE	10.20
Years in average	4
PE to PE average	80.03	%

Bisichi Financial Ratios

(Leverage Ratios)
Debt Ratio	28.01	%
Debt-to-Equity Ratio	0.39
Debt-to-Equity Ratio (excl. Intgbl)	0.39
Debt-to-Equity Market Value	0.95
Net Gearing	32.24	%
Net Gearing (excl. Intangibles)	32.24	%
Gross Gearing	50.74	%
Gross Gearing (excl. Intangibles)	50.74	%
Gearing Under 1 Year	31.58	%
Gearing Under 1 Year (excl. Intgbl)	31.58	%
Assets/Equity	2.03
Cash/Equity	37.55
(Liquidity Ratios)
Net Working Capital to Total Assets	10.90	%
Current Ratio	1.35
Quick Ratio (Acid Test)	1.16
Liquidity Ratio	0.59
Cash & Equiv/Current Assets	43.54	%
(Solvency Ratios)
Enterprise Value	9.30	m
CFO/Sales	0.09
CFO/Attributable Profit	3.97
CFO/Assets	0.10
CFO/Debt	0.20
Total Debt/Equity Market Value	2.52
Total Debt/Sales	0.44
Total Debt/Pre-Tax Profit	7.00
Total Debt	21.18	m
Total Debt/Net Current Assets	4.65	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	11.76	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	7

Beta (60-Mnth)	Beta (36-Mnth)
0.0353	0.0463

Bisichi Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	10.60	%
Return On Assets (ROA)	2.51	%
Net Profit Margin	2.17	%
Assets Turnover	1.15
Return On Equity (ROE)	5.25	%
Return On Investment (ROI)	3.93	%
Dividend Payout Ratio	10.20	%
Plowback Ratio	89.80	%
Growth from Plowback Ratio	4.76	%
Net Income Of Revenues	0.84	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	2.44
Fixed Assets Turnover	2.03
Current Assets Turnover	2.67
Net Working Capital Turnover
Inventory Turnover	24.40
(Other Operating Ratios)
Total Assets-to-Sales	0.87
Debtors-to-Sales	15.73	%
Debt Collection Period	57.42	Days

Bisichi Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
28 Aug 2019	Interim	GBX	1.00	31/12/2018	31/12/2019	09/01/2020	10/01/2020	14/02/2020	1.00
29 Apr 2019	Final	GBX	3.00	31/12/2017	31/12/2018	04/07/2019	05/07/2019	26/07/2019	6.00
29 Apr 2019	Special	GBX	2.00	31/12/2017	31/12/2018	04/07/2019	05/07/2019	26/07/2019	-
24 Aug 2018	Interim	GBX	1.00	31/12/2017	31/12/2018	03/01/2019	04/01/2019	08/02/2019	-
23 Apr 2018	Special	GBX	1.00	31/12/2016	31/12/2017	05/07/2018	06/07/2018	27/07/2018	-
23 Apr 2018	Final	GBX	3.00	31/12/2016	31/12/2017	05/07/2018	06/07/2018	27/07/2018	5.00
31 Aug 2017	Interim	GBX	1.00	31/12/2016	31/12/2017	04/01/2018	05/01/2018	09/02/2018	-
28 Apr 2017	Final	GBX	3.00	31/12/2015	31/12/2016	06/07/2017	07/07/2017	28/07/2017	4.00
26 Aug 2016	Interim	GBX	1.00	31/12/2015	31/12/2016	05/01/2017	06/01/2017	10/02/2017	-
22 Apr 2016	Final	GBX	3.00	31/12/2014	31/12/2015	07/07/2016	08/07/2016	29/07/2016	4.00
27 Aug 2015	Interim	GBX	1.00	31/12/2014	31/12/2015	07/01/2016	08/01/2016	05/02/2016	-
30 Apr 2015	Final	GBX	3.00	31/12/2013	31/12/2014	02/07/2015	03/07/2015	31/07/2015	4.00
28 Aug 2014	Interim	GBX	1.00	31/12/2013	31/12/2014	08/01/2015	09/01/2015	06/02/2015	-
23 Apr 2014	Final	GBX	3.00	31/12/2012	31/12/2013	02/07/2014	04/07/2014	01/08/2014	4.00
29 Aug 2013	Interim	GBX	1.00	31/12/2012	31/12/2013	01/01/2014	03/01/2014	31/01/2014	-
30 Apr 2013	Final	GBX	3.00	31/12/2011	31/12/2012	03/07/2013	05/07/2013	02/08/2013	4.00
30 Aug 2012	Interim	GBX	1.00	31/12/2011	31/12/2012	02/01/2013	04/01/2013	01/02/2013	-
30 Apr 2012	Final	GBX	3.00	31/12/2010	31/12/2011	29/06/2012	01/07/2012	13/08/2012	4.00
31 Aug 2011	Interim	GBX	1.00	31/12/2010	31/12/2011	04/01/2012	06/01/2012	03/02/2012	-
19 Apr 2011	Final	GBX	3.00	31/12/2009	31/12/2010	29/06/2011	01/07/2011	08/08/2011	4.00
27 Aug 2010	Interim	GBX	1.00	31/12/2009	31/12/2010	05/01/2011	07/01/2011	04/02/2011	-
30 Apr 2010	Final	GBX	3.00	31/12/2008	31/12/2009	30/06/2010	02/07/2010	09/08/2010	4.00
30 Apr 2009	Final	GBX	3.50	31/12/2007	31/12/2008	08/07/2009	10/07/2009	10/08/2009	3.50
31 Mar 2008	Final	GBX	3.00	31/12/2006	31/12/2007	02/07/2008	04/07/2008	11/08/2008	3.00
27 Mar 2007	Final	GBX	2.50	31/12/2005	31/12/2006	18/07/2007	20/07/2007	13/08/2007	2.50
28 Apr 2006	Final	GBX	2.25	31/12/2004	31/12/2005	19/07/2006	21/07/2006	14/08/2006	2.25
01 Mar 2005	Final	GBX	2.00	31/12/2003	31/12/2004	18/05/2005	20/05/2005	15/08/2005	2.00
18 Mar 2004	Final	GBX	1.80	31/12/2002	31/12/2003	21/07/2004	23/07/2004	16/08/2004	1.80
06 Mar 2003	Final	GBX	1.50	31/12/2001	31/12/2002	23/07/2003	25/07/2003	18/08/2003	1.50
11 Mar 2002	Final	GBX	1.00	31/12/2000	31/12/2001	24/07/2002	26/07/2002	19/08/2002	1.00
12 Mar 2001	Final	GBX	1.00	31/12/1999	31/12/2000	01/08/2001	03/08/2001	23/08/2001	1.00
28 Feb 2000	Final	GBX	1.00	31/12/1998	31/12/1999	31/07/2000	04/08/2000	24/08/2000	1.00
01 Mar 1999	Final	GBX	1.00	31/12/1997	31/12/1998	02/08/1999	06/08/1999	26/08/1999	1.00
30 Mar 1998	Final	GBX	0.90	31/12/1996	31/12/1997	03/08/1998	07/08/1998	27/08/1998	0.90

Bisichi Fundamentals

	31 Dec 2016 (GBP)		31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)
turnover	22.82	100.00%	37.46	100.00%	49.95	100.00%	48.11	100.00%	m
pre tax profit	0.35	1.52%	1.49	3.96%	5.96	11.93%	3.03	6.29%	m
attributable profit	0.48	2.10%	0.75	2.00%	3.31	6.64%	1.05	2.17%	m
retained profit	0.05	0.23%	0.32	0.86%	2.78	5.57%	0.41	0.84%	m
eps - basic (p)	4.48		7.02		31.05		9.80
eps - diluted (p)	4.48		7.02		30.85		9.63
dividends per share	4.00		5.00		6.00		1.00

Bisichi 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	8.52	23.11%	8.61	23.56%	8.53	20.51%	9.51	22.78%	m
intangibles	0.18	0.49%	0.15	0.42%	0.19	0.44%	-	-%	m
fixed investments	15.38	41.71%	15.22	41.63%	14.59	35.07%	14.50	34.73%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	1.72	4.67%	0.83	2.26%	1.51	3.63%	2.43	5.83%	m
debtors	8.63	23.40%	6.42	17.55%	7.56	18.17%	7.58	18.16%	m
cash & securities	2.44	6.63%	5.33	14.57%	9.22	22.17%	7.72	18.50%	m

TOTAL	36.87	100%	36.56	100%	41.59	100%	41.73	100%	m

LIABILITIES
creditors - short	10.33	28.00%	9.03	24.69%	16.93	40.70%	13.18	31.58%	m
creditors - long	9.54	25.88%	9.86	26.97%	4.53	10.89%	8.00	19.16%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	19.87	53.88%	18.88	51.65%	21.46	51.59%	21.18	50.74%	m

EQUITY
ord cap, reserves	16.66	45.17%	17.14	46.89%	19.57	47.05%	19.93	47.76%	m
prefs, minorities	0.35	0.95%	0.53	1.46%	0.57	1.36%	0.63	1.50%	m

TOTAL	17.01	46.12%	17.67	48.35%	20.14	48.41%	20.56	49.26%	m

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

Bisichi Cash Flow Statement

	31 Dec 2016 (GBP)	31 Dec 2017 (GBP)	31 Dec 2018 (GBP)	31 Dec 2019 (GBP)
Operating CF	2.61	7.27	4.77	4.15	m
Pre-Financing CF	0.92	5.33	1.39	0.49	m
Retained CF	0.40	4.91	1.59	-2.84	m

Bisichi Brokers

Name	Activity	Type	Mnemonic	Code
Numis Securities Limited	Market Maker(MMF)	Broker/Dealer	NUMS	RAZHGB2LBIC
Shore Capital Stockbrokers Ltd	Market Maker(MMF)	Broker/Dealer	SCAP	SHOCGB21
Winterflood Securities Ltd	Market Maker(MMF)	Broker/Dealer	WINS	WNTSGB2LBIC