Charles Stanley (CAY)

Company name:	Charles Stanley Group Plc
EPIC:	CAY	Trading Currency:	GBX
Market Sector:	ON15	ISIN:	GB0006556046
Market Segment:	SET3	Share Type:	DE
WWW Address:	http://www.charles-stanley.co.uk/	Description:	ORD 25P
Industry Sector:	NONEQUITY INVESTMENT INSTRUMENTS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
314.00	-2.0 [-0.63]	310.00	318.00	324.00	324.00	318.00	8,749
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
160.64	51.16	0.10	28.03	9.00	11.20	2.87	350.00 - 200.00

Charles Stanley Key Figures

(at previous day's close)
Market Cap.	160.64	m
Shares In Issue	51.16	m
Prev. Close	316.00
PE Ratio	11.20
Dividend Yield	2.87	%
EPS - basic	28.03	p
Dividend PS	9.00	p
Dividend Cover	3.11
Cash Flow PS	44.03	p
Return On Equity (ROE)	12.23	%
Operating Margin	10.01	%
PEG Factor	0.19
EPS Growth Rate	58.00	%
Dividends PS Growth Rate	2.86	%
Net Debt	138.25	m
Gross Gearing	66.06	%
Quick Assets	293.57	m
Net Working Capital	84.03	m
Intangibles / Fixed Assets	40.30	%
Turnover PS	338.18	p
Pre-Tax Profit PS	33.86	p
Retained Profit PS	18.91	p
Cash PS	172.94	p
Net Cash PS	-236.63	p
Net Tangible Asset Value PS *	188.56	p
Net Asset Value PS	227.73	p
Spread	8.00 (2.52%)
* 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.

Charles Stanley Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	324.00	296.00
4 weeks	324.00	274.00
12 weeks	324.00	228.00
1 year	350.00	200.00

Share Price Chart (5 years)

Charles Stanley Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	300.00	14.00	4.67	296.00	0.02		312.93
4 weeks	274.00	40.00	14.60	274.00	0.02		296.93
12 weeks	244.00	70.00	28.69	228.00	0.02		275.16
26 weeks	261.00	53.00	20.31	218.00	0.03		258.63
1 year	324.00	-10.00	-3.09	200.00	0.02		264.36
3 years	377.00	-63.00	-16.71	200.00	0.02		288.27
5 years	322.38	-8.38	-2.60	200.00	0.02		300.42
† periods calculated are whole weeks rather than calendar months

Charles Stanley Key Management Ratios

Charles Stanley Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	7.48
PE Ratio	11.20
Tobin's Q Ratio	0.49
Tobin's Q Ratio (excl. intangibles)	0.52
Dividend Yield	2.87	%
Market-to-Book Ratio	1.38
Price-to-Pre-Tax Profit PS	9.27
Price-to-Retained Profit PS	16.60
Price-to-Cash Flow PS	7.13
Price-to-Sales PS	0.93
Price-to-Net Tangible Asset Value PS	1.66
Price-to-Cash PS	1.82
Net Working Capital PS	164.24
Price Pct to Working Capital PS	1.91	%
Earnings Yield	8.93	%
Average PE	17.40
Years in average	4
PE to PE average	64.37	%

Charles Stanley Financial Ratios

(Leverage Ratios)
Debt Ratio	12.85	%
Debt-to-Equity Ratio	0.15
Debt-to-Equity Ratio (excl. Intgbl)	0.18
Debt-to-Equity Market Value	0.11
Net Gearing	40.28	%
Net Gearing (excl. Intangibles)	42.77	%
Gross Gearing	66.06	%
Gross Gearing (excl. Intangibles)	70.15	%
Gearing Under 1 Year	61.05	%
Gearing Under 1 Year (excl. Intgbl)	64.83	%
Assets/Equity	2.95
Cash/Equity	75.94
(Liquidity Ratios)
Net Working Capital to Total Assets	24.48	%
Current Ratio	1.40
Quick Ratio (Acid Test)	1.40
Liquidity Ratio	0.42
Cash & Equiv/Current Assets	30.14	%
(Solvency Ratios)
Enterprise Value	89.38	m
CFO/Sales	0.13
CFO/Attributable Profit	1.58
CFO/Assets	0.07
CFO/Debt	0.10
Total Debt/Equity Market Value	1.41
Total Debt/Sales	1.31
Total Debt/Pre-Tax Profit	13.09
Total Debt	226.73	m
Total Debt/Net Current Assets	2.70	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	17.61	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	6.14	%
Earn drops > 5% in 10yrs	7

Beta (60-Mnth)	Beta (36-Mnth)
0.0973	0.0913

Charles Stanley Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	12.96	%
Return On Assets (ROA)	4.38	%
Net Profit Margin	8.24	%
Assets Turnover	0.53
Return On Equity (ROE)	12.23	%
Return On Investment (ROI)	11.45	%
Dividend Payout Ratio	32.11	%
Plowback Ratio	67.89	%
Growth from Plowback Ratio	8.68	%
Net Income Of Revenues	5.59	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	1.55
Fixed Assets Turnover	3.74
Current Assets Turnover	0.62
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	1.88
Debtors-to-Sales	115.17	%
Debt Collection Period	420.38	Days

Charles Stanley Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
28 May 2020	Final	GBX	6.00	31/03/2019	31/03/2020	10/06/2020	11/06/2020	16/07/2020	9.00
25 Nov 2019	Interim	GBX	3.00	30/03/2019	30/09/2019	12/12/2019	13/12/2019	17/01/2020	-
31 May 2019	Final	GBX	6.00	31/03/2018	31/03/2019	13/06/2019	14/06/2019	17/07/2019	8.75
22 Nov 2018	Interim	GBX	2.75	30/03/2018	30/09/2018	13/12/2018	14/12/2018	18/01/2019	-
13 Jun 2018	Final	GBX	5.50	31/03/2017	31/03/2018	27/06/2018	28/06/2018	31/07/2018	8.00
22 Nov 2017	Interim	GBX	2.50	30/03/2017	30/09/2017	14/12/2017	15/12/2017	19/01/2018	-
14 Jun 2017	Final	GBX	4.50	31/03/2016	31/03/2017	29/06/2017	30/06/2017	31/07/2017	6.00
24 Nov 2016	Interim	GBX	1.50	30/03/2016	30/09/2016	15/12/2016	16/12/2016	20/01/2017	-
16 Jun 2016	Final	GBX	3.50	31/03/2015	31/03/2016	23/06/2016	24/06/2016	05/08/2016	5.00
26 Nov 2015	Interim	GBX	1.50	30/03/2015	30/09/2015	03/12/2015	04/12/2015	20/01/2016	-
25 Jun 2015	Final	GBX	2.00	31/03/2014	31/03/2015	02/07/2015	03/07/2015	12/08/2015	5.00
27 Nov 2014	Interim	GBX	3.00	30/03/2014	30/09/2014	04/12/2014	05/12/2014	21/01/2015	-
19 Jun 2014	Final	GBX	9.25	31/03/2013	31/03/2014	09/07/2014	11/07/2014	08/08/2014	12.25
14 Nov 2013	Interim	GBX	3.00	30/03/2013	30/09/2013	20/11/2013	22/11/2013	13/12/2013	-
11 Jun 2013	Final	GBX	9.00	31/03/2012	31/03/2013	26/06/2013	28/06/2013	02/08/2013	11.75
08 Nov 2012	Interim	GBX	2.75	30/03/2012	30/09/2012	14/11/2012	16/11/2012	14/12/2012	-
14 Jun 2012	Final	GBX	8.50	31/03/2011	31/03/2012	27/06/2012	29/06/2012	03/08/2012	11.25
10 Nov 2011	Interim	GBX	2.75	30/03/2011	30/09/2011	23/11/2011	25/11/2011	22/12/2011	-
07 Jun 2011	Final	GBX	8.25	31/03/2010	31/03/2011	15/06/2011	17/06/2011	03/08/2011	10.75
10 Nov 2010	Interim	GBX	2.50	30/03/2010	30/09/2010	17/11/2010	19/11/2010	31/12/2010	-
08 Jun 2010	Final	GBX	2.25	31/03/2009	31/03/2010	16/06/2010	18/06/2010	05/08/2010	9.45
05 Nov 2009	Interim	GBX	2.20	30/03/2009	30/09/2009	11/11/2009	13/11/2009	23/12/2009	-
11 Jun 2009	Final	GBX	6.50	31/03/2008	31/03/2009	17/06/2009	19/06/2009	04/08/2009	8.75
18 Nov 2008	Interim	GBX	2.10	30/09/2007	30/09/2008	26/11/2008	28/11/2008	23/12/2008	-
21 Jun 2008	Final	GBX	6.25	31/03/2007	31/03/2008	09/07/2008	11/07/2008	07/08/2008	8.60
08 Nov 2007	Interim	GBX	2.10	30/03/2007	30/09/2007	14/11/2007	16/11/2007	12/12/2007	-
04 Jun 2007	Final	GBX	6.25	31/03/2006	31/03/2007	04/07/2007	06/07/2007	31/07/2007	8.10
14 Nov 2006	Interim	GBX	1.85	30/03/2006	30/09/2006	22/11/2006	24/11/2006	13/12/2006	-
08 Jun 2006	Final	GBX	5.35	31/03/2005	31/03/2006	05/07/2006	07/07/2006	28/07/2006	6.75
08 Nov 2005	Interim	GBX	1.40	30/03/2005	30/09/2005	16/11/2005	18/11/2005	14/12/2005	-
09 Jun 2005	Final	GBX	4.15	31/03/2004	31/03/2005	06/07/2005	08/07/2005	29/07/2005	5.25
10 Nov 2004	Interim	GBX	1.10	30/03/2004	30/09/2004	17/11/2004	19/11/2004	15/12/2004	-
09 Jun 2004	Final	GBX	3.75	31/03/2003	31/03/2004	07/07/2004	09/07/2004	30/07/2004	4.75
11 Nov 2003	Interim	GBX	1.00	30/03/2003	30/09/2003	19/11/2003	21/11/2003	17/12/2003	-
10 Jun 2003	Final	GBX	3.50	31/03/2002	31/03/2003	09/07/2003	11/07/2003	30/07/2003	4.50
05 Nov 2002	Interim	GBX	1.00	30/03/2002	30/09/2002	13/11/2002	15/11/2002	13/12/2002	-
12 Jun 2002	Final	GBX	3.50	31/03/2001	31/03/2002	03/07/2002	05/07/2002	31/07/2002	4.50
15 Nov 2001	Interim	GBX	1.00	30/03/2001	30/09/2001	21/11/2001	23/11/2001	21/12/2001	-
12 Jun 2001	Final	GBX	3.25	31/03/2000	31/03/2001	20/06/2001	22/06/2001	30/07/2001	4.00
07 Nov 2000	Interim	GBX	0.75	30/03/2000	30/09/2000	13/11/2000	17/11/2000	28/11/2000	-
12 Jun 2000	Final	GBX	2.75	31/03/1999	31/03/2000	19/06/2000	23/06/2000	24/07/2000	3.25
15 Nov 1999	Interim	GBX	2.00	30/03/1999	30/09/1999	22/11/1999	26/11/1999	07/12/1999	-
03 Nov 1998	Interim	GBX	1.25	30/03/1998	30/09/1998	09/11/1998	13/11/1998	27/11/1998	-
09 Jun 1998	Final	GBX	4.00	31/03/1997	31/03/1998	15/06/1998	19/06/1998	10/07/1998	5.00

Charles Stanley Fundamentals

	31 Mar 2017 (GBP)		31 Mar 2018 (GBP)		31 Mar 2019 (GBP)		31 Mar 2020 (GBP)
turnover	141.63	100.00%	150.86	100.00%	155.16	100.00%	173.01	100.00%	m
pre tax profit	8.80	6.21%	11.45	7.59%	11.03	7.11%	17.32	10.01%	m
attributable profit	6.26	4.42%	8.73	5.79%	9.00	5.80%	14.25	8.24%	m
retained profit	3.73	2.63%	5.19	3.44%	4.82	3.10%	9.68	5.59%	m
eps - basic (p)	12.35		17.23		17.74		28.03
eps - diluted (p)	12.34		16.93		17.41		27.51
dividends per share	6.00		8.00		8.75		9.00

Charles Stanley Balance Sheet

	31 Mar 2017 (GBP)		31 Mar 2018 (GBP)		31 Mar 2019 (GBP)		31 Mar 2020 (GBP)


	31 Mar 2017 (GBP)		31 Mar 2018 (GBP)		31 Mar 2019 (GBP)		31 Mar 2020 (GBP)
ASSETS
fixed assets	9.98	4.04%	9.68	3.44%	8.71	2.83%	18.18	5.30%	m
intangibles	21.22	8.59%	19.29	6.85%	18.34	5.96%	20.01	5.83%	m
fixed investments	8.15	3.30%	5.92	2.10%	15.82	5.15%	11.48	3.34%	m
current assets - other	8.97	3.63%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	146.55	59.34%	181.04	64.30%	193.44	62.90%	205.09	59.75%	m
cash & securities	52.10	21.10%	65.64	23.31%	71.21	23.16%	88.48	25.78%	m

TOTAL	246.96	100%	281.58	100%	307.52	100%	343.23	100%	m

LIABILITIES
creditors - short	146.23	59.21%	175.52	62.33%	192.28	62.53%	209.54	61.05%	m
creditors - long	11.64	4.71%	8.27	2.94%	8.80	2.86%	17.19	5.01%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	157.87	63.92%	183.79	65.27%	201.09	65.39%	226.73	66.06%	m

EQUITY
ord cap, reserves	89.07	36.07%	97.76	34.72%	106.41	34.60%	116.48	33.94%	m
prefs, minorities	0.02	0.01%	0.02	0.01%	0.02	0.01%	0.02	0.01%	m

TOTAL	89.09	36.08%	97.79	34.73%	106.43	34.61%	116.51	33.94%	m

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

Charles Stanley Cash Flow Statement

	31 Mar 2017 (GBP)	31 Mar 2018 (GBP)	31 Mar 2019 (GBP)	31 Mar 2020 (GBP)
Operating CF	9.45	12.78	19.45	22.53	m
Pre-Financing CF	12.52	10.70	9.82	24.84	m
Retained CF	10.01	7.21	5.57	17.27	m

Charles Stanley Brokers

Name	Activity	Type	Mnemonic	Code
Evolution Securities Limited	Market Maker(MME)	Broker/Dealer	EVO	EVBGGB21MMT
Canaccord Genuity Limited	Market Maker(MME)	Broker/Dealer	CANA	HOARGB21001
Investec Bank Plc	Market Maker(MME)	Broker/Dealer	INV.	IHCSGB21002
Merrill Lynch International	Market Maker(MME)	Broker/Dealer	MLSB	SNCSGB2LBIC
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC