Findel (FDL)

Company name:	Findel Plc
Company Description:	Home shopping and educational supplies sales through mail order catalogues and the provision of online and logistics services to third parties,,,
EPIC:	FDL	Trading Currency:	GBX
Market Sector:	SSC5	ISIN:	GB00B8B4R053
Market Segment:	SSMM	Share Type:	DE
WWW Address:	http://www.findel.co.uk/	Description:	ORD 10P
Industry Sector:	GENERAL RETAILERS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
233.00	0.0 [0.00]	230.00	233.00	-	-	-	-
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
201.41	86.44	0.04	26.98	-	8.64	-	261.00 - 157.00

Findel Key Figures

(at previous day's close)
Market Cap.	201.41	m
Shares In Issue	86.44	m
Prev. Close	233.00
PE Ratio	8.64
Dividend Yield	-	%
EPS - basic	26.98	p
Dividend PS	-	p
Dividend Cover	-
Cash Flow PS	12.04	p
Return On Equity (ROE)	61.36	%
Operating Margin	6.61	%
PEG Factor	0.46
EPS Growth Rate	18.96	%
Dividends PS Growth Rate	-	%
Net Debt	322.79	m
Gross Gearing	89.23	%
Quick Assets	284.08	m
Net Working Capital	254.66	m
Intangibles / Fixed Assets	35.11	%
Turnover PS	586.29	p
Pre-Tax Profit PS	38.77	p
Retained Profit PS	30.89	p
Cash PS	43.50	p
Net Cash PS	-46.94	p
Net Tangible Asset Value PS *	21.48	p
Net Asset Value PS	50.35	p
Spread	3.00 (1.29%)
* 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.

Findel Balance Sheet

Share Price Performance

Sorry No Data Available

Share Price Chart (5 years)

Findel Historic Returns

Sorry No Data Available

Findel Key Management Ratios

Findel Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	26.14
PE Ratio	8.64
Tobin's Q Ratio	0.50
Tobin's Q Ratio (excl. intangibles)	0.54
Dividend Yield	-	%
Market-to-Book Ratio	4.63
Price-to-Pre-Tax Profit PS	6.01
Price-to-Retained Profit PS	7.54
Price-to-Cash Flow PS	19.35
Price-to-Sales PS	0.40
Price-to-Net Tangible Asset Value PS	10.85
Price-to-Cash PS	5.36
Net Working Capital PS	294.60
Price Pct to Working Capital PS	0.79	%
Earnings Yield	11.58	%
Average PE	7.95
Years in average	2
PE to PE average	108.57	%

Findel Financial Ratios

(Leverage Ratios)
Debt Ratio	86.64	%
Debt-to-Equity Ratio	6.48
Debt-to-Equity Ratio (excl. Intgbl)	15.20
Debt-to-Equity Market Value	1.40
Net Gearing	79.92	%
Net Gearing (excl. Intangibles)	85.18	%
Gross Gearing	89.23	%
Gross Gearing (excl. Intangibles)	95.10	%
Gearing Under 1 Year	19.35	%
Gearing Under 1 Year (excl. Intgbl)	20.63	%
Assets/Equity	9.28
Cash/Equity	86.40
(Liquidity Ratios)
Net Working Capital to Total Assets	63.05	%
Current Ratio	4.26
Quick Ratio (Acid Test)	3.63
Liquidity Ratio	0.48
Cash & Equiv/Current Assets	11.30	%
(Solvency Ratios)
Enterprise Value	446.02	m
CFO/Sales	0.02
CFO/Attributable Profit	0.39
CFO/Assets	0.03
CFO/Debt	0.03
Total Debt/Equity Market Value	1.79
Total Debt/Sales	0.71
Total Debt/Pre-Tax Profit	10.75
Total Debt	360.39	m
Total Debt/Net Current Assets	1.42	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	6

Beta (60-Mnth)	Beta (36-Mnth)
0.0360	0.0239

Findel Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	10.29	%
Return On Assets (ROA)	6.69	%
Net Profit Margin	5.27	%
Assets Turnover	1.27
Return On Equity (ROE)	61.36	%
Return On Investment (ROI)	8.36	%
Dividend Payout Ratio	-	%
Plowback Ratio	100.00	%
Growth from Plowback Ratio	64.20	%
Net Income Of Revenues	5.27	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	12.18
Fixed Assets Turnover	7.05
Current Assets Turnover	1.55
Net Working Capital Turnover
Inventory Turnover	9.95
(Other Operating Ratios)
Total Assets-to-Sales	0.79
Debtors-to-Sales	48.18	%
Debt Collection Period	175.87	Days

Findel Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
27 Nov 2008	Interim	GBP	2.20	30/03/2008	30/09/2008	10/12/2008	12/12/2008	09/01/2009	2.20
15 May 2008	Final	GBP	17.50	31/03/2007	31/03/2008	04/06/2008	06/06/2008	08/07/2008	22.20
17 May 2007	Final	GBP	15.60	31/03/2006	31/03/2007	06/06/2007	08/06/2007	05/07/2007	19.80
30 Nov 2006	Interim	GBP	4.20	30/03/2006	30/09/2006	13/12/2006	15/12/2006	12/01/2007	-
11 May 2006	Final	GBP	14.20	31/03/2005	31/03/2006	07/06/2006	09/06/2006	06/07/2006	18.00
01 Dec 2005	Interim	GBP	3.80	30/03/2005	30/09/2005	14/12/2005	16/12/2005	13/01/2006	-
12 May 2005	Final	GBP	12.90	31/03/2004	31/03/2005	08/06/2005	10/06/2005	07/07/2005	16.40
02 Dec 2004	Interim	GBP	3.50	30/03/2004	30/09/2004	15/12/2004	17/12/2004	14/01/2005	-
20 May 2004	Final	GBP	11.40	31/03/2003	31/03/2004	02/06/2004	04/06/2004	05/07/2004	14.50
04 Dec 2003	Interim	GBP	3.10	30/03/2003	30/09/2003	17/12/2003	19/12/2003	16/01/2004	-
22 May 2003	Final	GBP	9.80	31/03/2002	31/03/2003	04/06/2003	06/06/2003	07/07/2003	12.60
05 Dec 2002	Interim	GBP	2.80	30/03/2002	30/09/2002	11/12/2002	13/12/2002	17/01/2003	-
25 May 2002	Final	GBP	9.25	31/03/2001	31/03/2002	29/05/2002	31/05/2002	08/07/2002	11.90
06 Dec 2001	Interim	GBP	2.65	30/03/2001	30/09/2001	12/12/2001	14/12/2001	11/01/2002	-
24 May 2001	Final	GBP	8.70	31/03/2000	31/03/2001	06/06/2001	08/06/2001	09/07/2001	11.20
07 Dec 2000	Interim	GBP	2.50	30/03/2000	30/09/2000	18/12/2000	22/12/2000	19/01/2001	-
22 May 2000	Final	GBP	8.15	31/03/1999	31/03/2000	30/05/2000	05/06/2000	10/07/2000	10.50
09 Dec 1999	Interim	GBP	2.35	30/11/1999	30/09/1999	20/12/1999	24/12/1999	21/01/2000	-
30 Nov 1998	Interim	GBP	2.25	30/03/1998	30/09/1998	07/12/1998	11/12/1998	08/01/1999	-
18 May 1998	Final	GBP	7.75	31/03/1997	31/03/1998	26/05/1998	01/06/1998	01/07/1998	11.65

Findel Fundamentals

	25 Mar 2016 (GBP)		31 Mar 2017 (GBP)		30 Mar 2018 (GBP)		29 Mar 2019 (GBP)
turnover	410.60	100.00%	457.03	100.00%	478.96	100.00%	506.81	100.00%	m
pre tax profit	-1.68	-0.41%	-59.37	-12.99%	22.12	4.62%	33.51	6.61%	m
attributable profit	-10.20	-2.48%	-57.71	-12.63%	19.58	4.09%	26.71	5.27%	m
retained profit	-10.20	-2.48%	-57.71	-12.63%	19.58	4.09%	26.71	5.27%	m
eps - basic (p)	-11.85		-66.85		22.68		26.98
eps - diluted (p)	-11.85		-66.85		22.68		26.98
dividends per share	-		-		-		-

Findel Balance Sheet

	25 Mar 2016 (GBP)		31 Mar 2017 (GBP)		30 Mar 2018 (GBP)		29 Mar 2019 (GBP)


	25 Mar 2016 (GBP)		31 Mar 2017 (GBP)		30 Mar 2018 (GBP)		29 Mar 2019 (GBP)
ASSETS
fixed assets	41.42	10.00%	44.42	11.68%	45.35	11.51%	45.51	11.27%	m
intangibles	47.32	11.42%	26.19	6.89%	25.18	6.39%	24.95	6.18%	m
fixed investments	-	-%	0.59	0.15%	2.25	0.57%	0.61	0.15%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	53.47	12.91%	57.11	15.02%	53.09	13.47%	48.76	12.07%	m
debtors	237.58	57.36%	222.81	58.59%	241.93	61.40%	246.48	61.02%	m
cash & securities	34.41	8.31%	29.17	7.67%	26.24	6.66%	37.60	9.31%	m

TOTAL	414.21	100%	380.28	100%	394.04	100%	403.91	100%	m

LIABILITIES
creditors - short	76.19	18.39%	91.79	24.14%	81.19	20.60%	78.18	19.35%	m
creditors - long	259.14	62.56%	271.78	71.47%	273.17	69.33%	282.22	69.87%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	335.33	80.96%	363.57	95.61%	354.36	89.93%	360.39	89.23%	m

EQUITY
ord cap, reserves	78.88	19.04%	16.70	4.39%	39.68	10.07%	43.52	10.77%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	78.88	19.04%	16.70	4.39%	39.68	10.07%	43.52	10.77%	m

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

Findel Cash Flow Statement

	25 Mar 2016 (GBP)	31 Mar 2017 (GBP)	30 Mar 2018 (GBP)	29 Mar 2019 (GBP)
Operating CF	-3.15	2.20	3.54	10.41	m
Pre-Financing CF	-7.98	-8.35	-7.28	-1.14	m
Retained CF	-4.09	-5.29	-2.86	11.33	m

Findel Brokers

Name	Activity	Type	Mnemonic	Code
CREDIT SUISSE SEC (EUROPE) LTD	Market Maker(MME)	Broker/Dealer	CSFB	CSFBGB2L
Deutsche Bank AG London Branch	Market Maker(MME)	Broker/Dealer	DEUT	DEUTGB2L
Evolution Securities Limited	Market Maker(MME)	Broker/Dealer	EVO	EVBGGB21MMT
Goldman Sachs International	Market Maker(MME)	Broker/Dealer	GSCO	GSILGB2X
Investec Bank Plc	Market Maker(MME)	Broker/Dealer	INV.	IHCSGB21002
HSBC Bank plc	Market Maker(MME)	Broker/Dealer	HSBC	JCAPGB2L
J.P. Morgan Securities Ltd	Market Maker(MME)	Broker/Dealer	JPMS	JPMSGB2L
Morgan Stanley Securities Ltd	Market Maker(MME)	Broker/Dealer	MOST	MSSEGB21
Numis Securities Limited	Market Maker(MME)	Broker/Dealer	NUMS	RAZHGB2LBIC
Merrill Lynch International	Market Maker(MME)	Broker/Dealer	MLSB	SNCSGB2LBIC
Seymour Pierce	Market Maker(MME)	Broker/Dealer	SEYP	SPBTGB21
UBS AG	Market Maker(MME)	Broker/Dealer	UBS.	UBSWGB2LEQU
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC