London Security (LSC)

Company name:	London Security Plc
EPIC:	LSC	Trading Currency:	GBX
Market Sector:	AIMP	ISIN:	GB0005314363
Market Segment:	ASX1	Share Type:	DE
WWW Address:	http://www.nu-swift.com/	Description:	ORD 1P
Industry Sector:	SUPPORT SERVICES

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
2,270.00	0.0 [0.00]	2,200.00	2,340.00	2,240.00	2,270.00	2,240.00	6
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
278.34	12.26	0.07	145.60	80.00	15.59	3.52	2,550.00 - 2,020.00

London Security Key Figures

(at previous day's close)
Market Cap.	278.34	m
Shares In Issue	12.26	m
Prev. Close	2,270.00
PE Ratio	15.59
Dividend Yield	3.52	%
EPS - basic	145.60	p
Dividend PS	80.00	p
Dividend Cover	1.82
Cash Flow PS	222.00	p
Return On Equity (ROE)	14.20	%
Operating Margin	16.09	%
PEG Factor	2.16
EPS Growth Rate	7.22	%
Dividends PS Growth Rate	-	%
Net Debt	5.85	m
Gross Gearing	25.56	%
Quick Assets	71.42	m
Net Working Capital	52.73	m
Intangibles / Fixed Assets	83.76	%
Turnover PS	1,245.55	p
Pre-Tax Profit PS	200.44	p
Retained Profit PS	85.61	p
Cash PS	305.48	p
Net Cash PS	31.11	p
Net Tangible Asset Value PS *	458.19	p
Net Asset Value PS	1,028.61	p
Spread	140.00 (5.98%)
* 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.

London Security Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	2,270.00	2,240.00
4 weeks	2,270.00	2,220.00
12 weeks	2,550.00	2,200.00
1 year	2,550.00	2,020.00

Share Price Chart (5 years)

London Security Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	2,240.00	30.00	1.34	2,240.00	0.00		2,270.00
4 weeks	2,220.00	50.00	2.25	2,220.00	0.00		2,266.83
12 weeks	2,400.00	-130.00	-5.42	2,200.00	0.00		2,346.34
26 weeks	2,300.00	-30.00	-1.30	2,200.00	0.00		2,341.07
1 year	2,100.00	170.00	8.10	2,020.00	0.00		2,267.83
3 years	2,100.00	170.00	8.10	1,900.00	0.00		2,184.03
5 years	2,050.00	220.00	10.73	1,310.00	0.00		2,137.18
† periods calculated are whole weeks rather than calendar months

London Security Key Management Ratios

London Security Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	10.25
PE Ratio	15.59
Tobin's Q Ratio	1.71
Tobin's Q Ratio (excl. intangibles)	2.99
Dividend Yield	3.52	%
Market-to-Book Ratio	2.21
Price-to-Pre-Tax Profit PS	11.33
Price-to-Retained Profit PS	26.52
Price-to-Cash Flow PS	10.23
Price-to-Sales PS	1.82
Price-to-Net Tangible Asset Value PS	4.92
Price-to-Cash PS	7.43
Net Working Capital PS	430.06
Price Pct to Working Capital PS	5.28	%
Earnings Yield	6.41	%
Average PE	16.51
Years in average	5
PE to PE average	94.40	%

London Security Financial Ratios

(Leverage Ratios)
Debt Ratio	7.12	%
Debt-to-Equity Ratio	0.08
Debt-to-Equity Ratio (excl. Intgbl)	0.17
Debt-to-Equity Market Value	0.03
Net Gearing	3.45	%
Net Gearing (excl. Intangibles)	5.86	%
Gross Gearing	25.56	%
Gross Gearing (excl. Intangibles)	43.36	%
Gearing Under 1 Year	19.86	%
Gearing Under 1 Year (excl. Intgbl)	33.69	%
Assets/Equity	1.34
Cash/Equity	29.70
(Liquidity Ratios)
Net Working Capital to Total Assets	31.12	%
Current Ratio	2.57
Quick Ratio (Acid Test)	2.12
Liquidity Ratio	1.11
Cash & Equiv/Current Assets	43.37	%
(Solvency Ratios)
Enterprise Value	250.92	m
CFO/Sales	0.18
CFO/Attributable Profit	1.52
CFO/Assets	0.16
CFO/Debt	0.63
Total Debt/Equity Market Value	0.16
Total Debt/Sales	0.28
Total Debt/Pre-Tax Profit	1.76
Total Debt	43.31	m
Total Debt/Net Current Assets	0.82	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	3.56	%
5 yr Compound Earnings Growth	5.31	%
10 yr Compound Earnings Growth	2.37	%
Earn drops > 5% in 10yrs	7

Beta (60-Mnth)	Beta (36-Mnth)
0.0700	0.1124

London Security Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	18.10	%
Return On Assets (ROA)	10.97	%
Net Profit Margin	11.69	%
Assets Turnover	0.94
Return On Equity (ROE)	14.20	%
Return On Investment (ROI)	13.50	%
Dividend Payout Ratio	54.95	%
Plowback Ratio	45.05	%
Growth from Plowback Ratio	6.66	%
Net Income Of Revenues	6.87	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	1.26
Fixed Assets Turnover	1.80
Current Assets Turnover	1.96
Net Working Capital Turnover
Inventory Turnover	10.76
(Other Operating Ratios)
Total Assets-to-Sales	1.07
Debtors-to-Sales	20.45	%
Debt Collection Period	74.65	Days

London Security Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
12 May 2021	Final	GBX	40.00	31/12/2019	31/12/2020	10/06/2021	11/06/2021	09/07/2021	80.00
22 Oct 2020	Interim	GBX	40.00	31/12/2019	31/12/2020	29/10/2020	30/10/2020	27/11/2020	-
22 May 2020	Final	GBX	40.00	31/12/2018	31/12/2019	11/06/2020	12/06/2020	10/07/2020	80.00
23 Oct 2019	Interim	GBX	40.00	31/12/2018	31/12/2019	31/10/2019	01/11/2019	28/11/2019	-
09 May 2019	Final	GBX	40.00	31/12/2017	31/12/2018	06/06/2019	07/06/2019	05/07/2019	80.00
23 Oct 2018	Interim	GBX	40.00	31/12/2017	31/12/2018	01/11/2018	02/11/2018	30/11/2018	-
04 May 2018	Final	GBX	40.00	31/12/2016	31/12/2017	07/06/2018	08/06/2018	05/07/2018	80.00
08 Nov 2017	Interim	GBX	40.00	31/12/2016	31/12/2017	16/11/2017	17/11/2017	07/12/2017	-
27 Apr 2017	Final	GBX	40.00	31/12/2015	31/12/2016	08/06/2017	09/06/2017	05/07/2017	80.00
03 Nov 2016	Interim	GBX	40.00	31/12/2015	31/12/2016	10/11/2016	11/11/2016	08/12/2016	-
29 Apr 2016	Final	GBX	40.00	31/12/2014	31/12/2015	09/06/2016	10/06/2016	08/07/2016	77.00
28 Sep 2015	Interim	GBX	37.00	31/12/2014	31/12/2015	08/10/2015	09/10/2015	30/10/2015	-
06 May 2015	Final	GBX	31.00	31/12/2013	31/12/2014	11/06/2015	12/06/2015	08/07/2015	-
20 Nov 2014	Interim	GBX	31.00	31/12/2013	31/12/2014	27/11/2014	28/11/2014	19/12/2014	-
08 May 2014	Final	GBX	31.00	31/12/2012	31/12/2013	11/06/2014	13/06/2014	08/07/2014	69.00
07 Nov 2013	Interim	GBX	38.00	31/12/2012	31/12/2013	13/11/2013	15/11/2013	12/12/2013	-
03 May 2013	Final	GBX	38.00	31/12/2011	31/12/2012	05/06/2013	07/06/2013	08/07/2013	92.00
08 Nov 2012	Interim	GBX	29.00	31/12/2011	31/12/2012	14/11/2012	16/11/2012	07/12/2012	-
21 May 2012	Interim	GBX	25.00	31/12/2011	31/12/2012	30/05/2012	01/06/2012	22/06/2012	-
25 May 2011	Interim	GBX	24.00	31/12/2010	31/12/2011	01/06/2011	03/06/2011	24/06/2011	24.00
10 Nov 2010	Interim	GBX	17.00	31/12/2009	31/12/2010	17/11/2010	19/11/2010	10/12/2010	17.00
27 Apr 2007	Final	GBX	-	31/12/2005	31/12/2006	-	-	-	-
03 May 2006	Final	GBX	12.00	31/12/2004	31/12/2005	24/05/2006	26/05/2006	21/06/2006	12.00
05 May 2005	Final	GBX	-	31/12/2003	31/12/2004	-	-	-	3.00
08 Jul 2004	Special	GBX	42.00	31/12/2003	31/12/2004	14/07/2004	16/07/2004	23/07/2004	-
30 Sep 2004	Interim	GBX	3.00	30/12/2003	30/06/2004	13/10/2004	15/10/2004	12/11/2004	-
30 Apr 2004	Final	GBX	10.00	31/12/2002	31/12/2003	26/05/2004	28/05/2004	25/06/2004	13.00
30 Sep 2003	Interim	GBX	3.00	30/12/2002	30/06/2003	08/10/2003	10/10/2003	12/12/2003	-
29 Apr 2003	Final	GBX	5.00	31/12/2001	31/12/2002	21/05/2003	23/05/2003	20/06/2003	7.00
30 Sep 2002	Interim	GBX	2.00	30/12/2001	30/06/2002	09/10/2002	11/10/2002	12/11/2002	-
24 Apr 2002	Final	GBX	4.00	31/12/2000	31/12/2001	15/05/2002	17/05/2002	14/06/2002	5.50
28 Sep 2001	Interim	GBX	1.50	30/12/2000	30/06/2001	10/10/2001	12/10/2001	12/11/2001	-
03 May 2001	Final	GBX	3.00	31/12/1999	31/12/2000	06/06/2001	08/06/2001	11/07/2001	3.00
28 Apr 2000	Final	GBX	2.00	31/12/1998	31/12/1999	12/06/2000	16/06/2000	11/07/2000	2.00
09 Apr 1999	Final	GBX	2.00	31/12/1997	31/12/1998	26/04/1999	30/04/1999	27/05/1999	2.00

London Security Fundamentals

	31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)
turnover	125.87	100.00%	137.71	100.00%	146.92	100.00%	152.72	100.00%	m
pre tax profit	21.58	17.15%	23.14	16.80%	24.04	16.36%	24.58	16.09%	m
attributable profit	14.31	11.37%	16.08	11.67%	16.65	11.33%	17.85	11.69%	m
retained profit	4.50	3.58%	6.27	4.55%	6.84	4.66%	10.50	6.87%	m
eps - basic (p)	116.70		131.10		135.80		145.60
eps - diluted (p)	116.70		131.10		135.80		145.60
dividends per share	80.00		80.00		80.00		80.00

London Security Balance Sheet

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


	31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)
ASSETS
fixed assets	11.59	8.23%	12.08	8.10%	12.16	7.79%	13.05	7.70%	m
intangibles	61.72	43.85%	63.70	42.71%	69.86	44.76%	69.57	41.06%	m
fixed investments	4.40	3.12%	4.43	2.97%	4.96	3.18%	0.45	0.26%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	11.75	8.35%	13.29	8.91%	13.43	8.61%	14.95	8.83%	m
debtors	26.65	18.93%	29.54	19.81%	28.51	18.26%	33.96	20.05%	m
cash & securities	24.65	17.51%	26.11	17.51%	27.14	17.39%	37.46	22.11%	m

TOTAL	140.76	100%	149.15	100%	156.07	100%	169.43	100%	m

LIABILITIES
creditors - short	32.45	23.06%	26.57	17.82%	27.33	17.51%	33.64	19.86%	m
creditors - long	4.74	3.37%	12.36	8.29%	12.57	8.05%	9.67	5.70%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	37.20	26.42%	38.94	26.11%	39.90	25.56%	43.31	25.56%	m

EQUITY
ord cap, reserves	103.38	73.44%	109.91	73.69%	115.83	74.21%	125.75	74.22%	m
prefs, minorities	0.19	0.13%	0.30	0.20%	0.35	0.22%	0.38	0.22%	m

TOTAL	103.57	73.58%	110.21	73.89%	116.17	74.44%	126.12	74.44%	m

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

London Security Cash Flow Statement

	31 Dec 2017 (GBP)	31 Dec 2018 (GBP)	31 Dec 2019 (GBP)	31 Dec 2020 (GBP)
Operating CF	17.57	20.85	24.56	27.22	m
Pre-Financing CF	12.74	12.68	16.61	20.89	m
Retained CF	2.05	1.46	1.03	92.13	m

London Security Brokers

Name	Activity	Type	Mnemonic	Code
Winterflood Securities Ltd	Market Maker(MMF)	Broker/Dealer	WINS	WNTSGB2LBIC