Middlefield Canadian Inc... (MCT)

Company name:	Middlefield Canadian Income Pcc
EPIC:	MCT	Trading Currency:	GBX
Market Sector:	SSC6	ISIN:	GB00B15PV034
Market Segment:	SSMM	Share Type:	DE
WWW Address:		Description:	RED PART PREF SHS NPV
Industry Sector:	EQUITY INVESTMENT INSTRUMENTS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
94.40	1.9 [2.05]	91.80	92.80	91.80	91.80	91.80	846,372
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
2.15	2.28	0.03	4.30	-	21.95	-	109.00 - 62.00

Middlefield Canadian Inc... Key Figures

(at previous day's close)
Market Cap.	2.15	m
Shares In Issue	2.28	m
Prev. Close	92.50
PE Ratio	21.95
Dividend Yield	-	%
EPS - basic	4.30	p
Dividend PS	-	p
Dividend Cover	-
Cash Flow PS	-49.76	p
Return On Equity (ROE)	3.68	%
Operating Margin	80.67	%
PEG Factor	-1.65
EPS Growth Rate	-13.31	%
Dividends PS Growth Rate	-	%
Net Debt	20.27	m
Gross Gearing	17.54	%
Quick Assets	6.76	m
Net Working Capital	-19.70	m
Intangibles / Fixed Assets	-	%
Turnover PS	305.47	p
Pre-Tax Profit PS	246.42	p
Retained Profit PS	-	p
Cash PS	272.38	p
Net Cash PS	-890.48	p
Net Tangible Asset Value PS *	5,465.05	p
Net Asset Value PS	116.80	p
Spread	1.00 (1.08%)
* 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.

Middlefield Canadian Inc... Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	93.20	91.60
4 weeks	95.00	90.00
12 weeks	96.00	76.20
1 year	109.00	62.00

Share Price Chart (5 years)

Middlefield Canadian Inc... Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	93.20	1.20	1.29	91.60	0.09		92.43
4 weeks	90.00	4.40	4.89	90.00	0.14		93.41
12 weeks	80.80	13.60	16.83	76.20	0.16		88.39
26 weeks	81.10	13.30	16.40	76.20	0.12		85.76
1 year	109.00	-14.60	-13.39	62.00	0.13		85.91
3 years	101.50	-7.10	-7.00	62.00	0.14		93.88
5 years	66.00	28.40	43.03	62.00	0.13		94.49
† periods calculated are whole weeks rather than calendar months

Middlefield Canadian Inc... Key Management Ratios

Middlefield Canadian Inc... Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	-
PE Ratio	21.95
Tobin's Q Ratio	0.02
Tobin's Q Ratio (excl. intangibles)	0.02
Dividend Yield	-	%
Market-to-Book Ratio	0.02
Price-to-Pre-Tax Profit PS	0.38
Price-to-Retained Profit PS	-
Price-to-Cash Flow PS	-1.90
Price-to-Sales PS	0.31
Price-to-Net Tangible Asset Value PS	0.81
Price-to-Cash PS	0.35
Net Working Capital PS	-865.61
Price Pct to Working Capital PS	-0.11	%
Earnings Yield	4.56	%
Average PE	23.19
Years in average	5
PE to PE average	94.69	%

Middlefield Canadian Inc... Financial Ratios

(Leverage Ratios)
Debt Ratio	-	%
Debt-to-Equity Ratio	-
Debt-to-Equity Ratio (excl. Intgbl)	-
Debt-to-Equity Market Value	-
Net Gearing	13.44	%
Net Gearing (excl. Intangibles)	13.44	%
Gross Gearing	17.54	%
Gross Gearing (excl. Intangibles)	17.54	%
Gearing Under 1 Year	17.54	%
Gearing Under 1 Year (excl. Intgbl)	17.54	%
Assets/Equity	1.21
Cash/Equity	4.98
(Liquidity Ratios)
Net Working Capital to Total Assets	-13.06	%
Current Ratio	0.26
Quick Ratio (Acid Test)	0.26
Liquidity Ratio	0.23
Cash & Equiv/Current Assets	91.63	%
(Solvency Ratios)
Enterprise Value	-4.05	m
CFO/Sales	-0.16
CFO/Attributable Profit	-
CFO/Assets	-0.01
CFO/Debt	-0.04
Total Debt/Equity Market Value	12.32
Total Debt/Sales	3.81
Total Debt/Pre-Tax Profit	4.72
Total Debt	26.46	m
Total Debt/Net Current Assets	-1.34	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	7.61	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	7

Beta (60-Mnth)	Beta (36-Mnth)
0.0267	0.0230

Middlefield Canadian Inc... Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	4.51	%
Return On Assets (ROA)	3.35	%
Net Profit Margin	65.92	%
Assets Turnover	0.05
Return On Equity (ROE)	3.68	%
Return On Investment (ROI)	4.05	%
Dividend Payout Ratio	-	%
Plowback Ratio	100.00	%
Growth from Plowback Ratio	4.05	%
Net Income Of Revenues	-	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.06
Fixed Assets Turnover	0.05
Current Assets Turnover	0.91
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	19.67
Debtors-to-Sales	8.46	%
Debt Collection Period	30.87	Days

Middlefield Canadian Inc... Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
02 Apr 2020	Quarterly	GBX	1.27	31/12/2019	31/12/2020	09/04/2020	14/04/2020	30/04/2020	-
02 Jan 2020	Quarterly	GBX	1.28	31/12/2018	31/12/2019	09/01/2020	10/01/2020	31/01/2020	5.10
03 Oct 2019	Quarterly	GBX	1.27	31/12/2018	31/12/2019	10/10/2019	11/10/2019	31/10/2019	-
04 Jul 2019	Quarterly	GBX	1.28	31/12/2018	31/12/2019	11/07/2019	12/07/2019	31/07/2019	-
04 Apr 2019	Quarterly	GBX	1.27	31/12/2018	31/12/2019	11/04/2019	12/04/2019	30/04/2019	-
03 Jan 2019	Quarterly	GBX	1.28	31/12/2017	31/12/2018	10/01/2019	11/01/2019	31/01/2019	5.10
04 Oct 2018	Quarterly	GBX	1.27	31/12/2017	31/12/2018	11/10/2018	12/10/2018	31/10/2018	-
05 Jul 2018	Quarterly	GBX	1.28	31/12/2017	31/12/2018	12/07/2018	13/07/2018	31/07/2018	-
05 Apr 2018	Quarterly	GBX	1.27	31/12/2017	31/12/2018	12/04/2018	13/04/2018	30/04/2018	-
04 Jan 2018	Quarterly	GBX	1.28	31/12/2016	31/12/2017	11/01/2018	12/01/2018	31/01/2018	5.05
05 Oct 2017	Quarterly	GBX	1.28	31/12/2016	31/12/2017	12/10/2017	13/10/2017	31/10/2017	-
06 Jul 2017	Quarterly	GBX	1.25	31/12/2016	31/12/2017	13/07/2017	14/07/2017	31/07/2017	-
06 Apr 2017	Quarterly	GBX	1.25	31/12/2016	31/12/2017	17/04/2017	18/04/2017	28/04/2017	-
05 Jan 2017	Quarterly	GBX	1.25	31/12/2015	31/12/2016	12/01/2017	13/01/2017	31/01/2017	5.00
06 Oct 2016	Quarterly	GBX	1.25	31/12/2015	31/12/2016	13/10/2016	14/10/2016	31/10/2016	-
07 Jul 2016	Quarterly	GBX	1.25	31/12/2015	31/12/2016	14/07/2016	15/07/2016	29/07/2016	-
07 Apr 2016	Quarterly	GBX	1.25	31/12/2015	31/12/2016	14/04/2016	15/04/2016	29/04/2016	-
07 Jan 2016	Quarterly	GBX	1.25	31/12/2014	31/12/2015	14/01/2016	15/01/2016	29/01/2016	5.00
07 Oct 2015	Quarterly	GBX	1.25	31/12/2014	31/12/2015	15/10/2015	16/10/2015	30/10/2015	-
07 Jul 2015	Quarterly	GBX	1.25	31/12/2014	31/12/2015	16/07/2015	17/07/2015	31/07/2015	-
09 Apr 2015	Quarterly	GBX	1.25	31/12/2014	31/12/2015	16/04/2015	17/04/2015	30/04/2015	-
07 Jan 2015	Quarterly	GBX	1.25	31/12/2013	31/12/2014	15/01/2015	16/01/2015	30/01/2015	5.00
02 Oct 2014	Quarterly	GBX	1.25	31/12/2013	31/12/2014	09/10/2014	10/10/2014	31/10/2014	-
03 Jul 2014	Quarterly	GBX	1.25	31/12/2013	31/12/2014	09/07/2014	11/07/2014	31/07/2014	-
03 Apr 2014	Quarterly	GBX	1.25	31/12/2013	31/12/2014	09/04/2014	11/04/2014	30/04/2014	-
09 Jan 2014	Quarterly	GBX	1.25	31/12/2012	31/12/2013	15/01/2014	17/01/2014	31/01/2014	5.00
03 Oct 2013	Quarterly	GBX	1.25	31/12/2012	31/12/2013	09/10/2013	11/10/2013	31/10/2013	-
04 Jul 2013	Quarterly	GBX	1.25	31/12/2012	31/12/2013	10/07/2013	12/07/2013	31/07/2013	-
04 Apr 2013	Quarterly	GBX	1.25	31/12/2012	31/12/2013	10/04/2013	12/04/2013	30/04/2013	-
10 Jan 2013	Quarterly	GBX	1.25	31/12/2011	31/12/2012	16/01/2013	18/01/2013	31/01/2013	5.00
11 Oct 2012	Quarterly	GBX	1.25	31/12/2011	31/12/2012	17/10/2012	19/10/2012	31/10/2012	-
05 Jul 2012	Quarterly	GBX	1.25	31/12/2011	31/12/2012	12/07/2012	16/07/2012	31/07/2012	-
05 Apr 2012	Quarterly	GBX	1.25	31/12/2011	31/12/2012	14/04/2012	16/04/2012	30/04/2012	-
06 Jan 2012	Quarterly	GBX	1.25	31/12/2010	31/12/2011	18/01/2012	20/01/2012	31/01/2012	5.00
12 Oct 2011	Quarterly	GBX	1.25	31/12/2010	31/12/2011	19/10/2011	21/10/2011	31/10/2011	-
05 Jul 2011	Quarterly	GBX	1.25	31/12/2010	31/12/2011	13/07/2011	15/07/2011	29/07/2011	-
05 Apr 2011	Quarterly	GBX	1.25	31/12/2010	31/12/2011	13/04/2011	15/10/2010	29/04/2011	-
22 Dec 2010	Quarterly	GBX	1.25	31/12/2009	31/12/2010	12/01/2011	14/01/2011	31/01/2011	5.00
06 Oct 2010	Quarterly	GBX	1.25	31/12/2009	31/12/2010	13/10/2010	15/10/2010	29/10/2010	-
16 Jul 2010	Quarterly	GBX	1.25	31/12/2009	31/12/2010	21/07/2010	23/07/2010	30/07/2010	-
15 Jul 2010	Quarterly	GBX	1.25	31/12/2009	31/12/2010	14/07/2010	16/07/2010	30/07/2010	-
07 Jan 2010	Quarterly	GBX	1.25	31/12/2008	31/12/2009	13/01/2010	15/01/2010	29/01/2010	5.00
07 Oct 2009	Quarterly	GBX	1.25	31/12/2008	31/12/2009	14/10/2009	16/10/2009	30/10/2009	-
08 Jul 2009	Quarterly	GBX	1.25	31/12/2008	31/12/2009	15/07/2009	17/07/2009	31/07/2009	-
08 Apr 2009	Quarterly	GBX	1.25	31/12/2008	31/12/2009	15/04/2009	17/04/2009	30/04/2009	-
07 Jan 2009	Final	GBX	1.75	31/12/2007	31/12/2008	14/01/2009	16/01/2009	30/01/2009	7.00
08 Oct 2008	Quarterly	GBX	1.75	31/12/2007	31/12/2008	15/10/2008	17/10/2008	31/10/2008	-
09 Jul 2008	Quarterly	GBX	1.75	31/12/2007	31/12/2008	16/07/2008	18/07/2008	31/07/2008	-
09 Apr 2008	Quarterly	GBX	1.75	31/12/2007	31/12/2008	16/04/2008	18/04/2008	30/04/2008	-
11 Jan 2008	Final	GBX	1.75	31/12/2006	31/12/2007	16/01/2008	18/01/2008	31/01/2008	7.00
10 Oct 2007	Quarterly	GBX	1.75	31/12/2006	31/12/2007	17/10/2007	19/10/2007	31/10/2007	-
11 Jul 2007	Quarterly	GBX	1.75	31/12/2006	31/12/2007	18/07/2007	20/07/2007	31/07/2007	-
12 Apr 2007	Quarterly	GBX	1.75	31/12/2006	31/12/2007	18/04/2007	20/04/2007	30/04/2007	-
10 Jan 2007	Final	GBX	1.75	31/10/2005	31/10/2006	17/01/2007	19/01/2007	31/01/2007	3.50
11 Oct 2006	Quarterly	GBX	1.75	31/10/2005	31/10/2006	18/10/2006	20/10/2006	31/10/2006	-

Middlefield Canadian Inc... Fundamentals

	31 Dec 2016 (GBP)		31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)
turnover	5.20	100.00%	8.05	100.00%	7.72	100.00%	6.95	100.00%	m
pre tax profit	4.13	79.44%	6.81	84.56%	6.33	81.98%	5.61	80.67%	m
attributable profit	3.49	67.11%	5.74	71.31%	5.28	68.40%	4.58	65.92%	m
retained profit	-1.89	-36.38%	0.36	4.47%	-0.15	-1.92%	-	-%	m
eps - basic (p)	3.25		5.39		4.96		4.30
eps - diluted (p)	3.25		5.39		4.96		4.30
dividends per share	-		-		-		-

Middlefield Canadian Inc... 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	-	-%	-	-%	-	-%	-	-%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	146.33	93.10%	148.46	93.67%	114.10	93.07%	144.08	95.52%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	0.50	0.32%	0.70	0.44%	0.61	0.50%	0.57	0.38%	m
cash & securities	10.34	6.58%	9.33	5.89%	7.89	6.44%	6.20	4.11%	m

TOTAL	157.17	100%	158.49	100%	122.59	100%	150.84	100%	m

LIABILITIES
creditors - short	30.47	19.38%	36.26	22.88%	20.43	16.66%	26.46	17.54%	m
creditors - long	-	-%	-	-%	-	-%	-	-%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	30.47	19.38%	36.26	22.88%	20.43	16.66%	26.46	17.54%	m

EQUITY
ord cap, reserves	126.70	80.62%	122.23	77.12%	102.17	83.34%	124.38	82.46%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	126.70	80.62%	122.23	77.12%	102.17	83.34%	124.38	82.46%	m

OTHER
NAV Basic	118.49		114.79		95.94		116.80
NAV Diluted	118.49		114.79		95.94		116.80

Middlefield Canadian Inc... Cash Flow Statement

	31 Dec 2016 (GBP)	31 Dec 2017 (GBP)	31 Dec 2018 (GBP)	31 Dec 2019 (GBP)
Operating CF	6.33	-1.25	19.59	-1.13	m
Pre-Financing CF	6.33	-1.25	19.59	-1.13	m
Retained CF	5.67	-1.35	-1.63	-0.56	m

Middlefield Canadian Inc... Brokers

Name	Activity	Type	Mnemonic	Code
J.P. Morgan Cazenove Limited	Market Maker(MMF)	Broker/Dealer	CAZR	CAZEGB2L
Collins Stewart Europe Limited	Market Maker(MMF)	Broker/Dealer	CSCS	CSTEGB21
UBS AG	Market Maker(MMF)	Broker/Dealer	UBS.	UBSWGB2LEQU
Winterflood Securities Ltd	Market Maker(MMF)	Broker/Dealer	WINS	WNTSGB2LBIC