Mountview Estates (MTVW)

Company name:	Mountview Estates
EPIC:	MTVW	Trading Currency:	GBX
Market Sector:	ON15	ISIN:	GB0006081037
Market Segment:	SET3	Share Type:	DE
WWW Address:	NA	Description:	ORD 5P
Industry Sector:	REAL ESTATE INVESTMENT & SERVICES

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
10,950.00	0.0 [0.00]	10,700.00	11,200.00	-	-	-	15,905
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
426.94	3.90	2.87	929.10	300.00	11.79	2.74	12,500.00 - 10,300.00

Mountview Estates Key Figures

(at previous day's close)
Market Cap.	426.94	m
Shares In Issue	3.90	m
Prev. Close	10,950.00
PE Ratio	11.79
Dividend Yield	2.74	%
EPS - basic	929.10	p
Dividend PS	300.00	p
Dividend Cover	3.10
Cash Flow PS	574.84	p
Return On Equity (ROE)	10.77	%
Operating Margin	57.50	%
PEG Factor	-1.83
EPS Growth Rate	-6.43	%
Dividends PS Growth Rate	-	%
Net Debt	43.29	m
Gross Gearing	11.60	%
Quick Assets	2.44	m
Net Working Capital	339.57	m
Intangibles / Fixed Assets	-	%
Turnover PS	2,006.46	p
Pre-Tax Profit PS	1,153.78	p
Retained Profit PS	629.06	p
Cash PS	21.16	p
Net Cash PS	-241.57	p
Net Tangible Asset Value PS *	8,624.72	p
Net Asset Value PS	8,624.72	p
Spread	500.00 (4.46%)
* 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.

Mountview Estates Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	10,950.00	10,900.00
4 weeks	11,200.00	10,600.00
12 weeks	11,200.00	10,300.00
1 year	12,500.00	10,300.00

Share Price Chart (5 years)

Mountview Estates Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	10,900.00	50.00	0.46	10,900.00	0.00		10,944.86
4 weeks	10,750.00	200.00	1.86	10,600.00	0.00		10,942.70
12 weeks	11,000.00	-50.00	-0.45	10,300.00	0.00		10,756.72
26 weeks	11,300.00	-350.00	-3.10	10,300.00	0.00		10,859.93
1 year	11,037.50	-87.50	-0.79	10,300.00	0.00		11,127.39
3 years	12,236.00	-1,286.00	-10.51	9,700.00	0.00		10,965.94
5 years	5,950.00	5,000.00	84.03	5,760.00	0.00		9,361.79
† periods calculated are whole weeks rather than calendar months

Mountview Estates Key Management Ratios

Mountview Estates Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	2.21
PE Ratio	11.79
Tobin's Q Ratio	1.14
Tobin's Q Ratio (excl. intangibles)	1.14
Dividend Yield	2.74	%
Market-to-Book Ratio	1.27
Price-to-Pre-Tax Profit PS	9.49
Price-to-Retained Profit PS	17.41
Price-to-Cash Flow PS	19.05
Price-to-Sales PS	5.46
Price-to-Net Tangible Asset Value PS	1.27
Price-to-Cash PS	517.51
Net Working Capital PS	8,709.23
Price Pct to Working Capital PS	1.26	%
Earnings Yield	8.48	%
Average PE	11.03
Years in average	5
PE to PE average	106.83	%

Mountview Estates Financial Ratios

(Leverage Ratios)
Debt Ratio	9.15	%
Debt-to-Equity Ratio	0.10
Debt-to-Equity Ratio (excl. Intgbl)	0.10
Debt-to-Equity Market Value	0.08
Net Gearing	11.38	%
Net Gearing (excl. Intangibles)	11.38	%
Gross Gearing	11.60	%
Gross Gearing (excl. Intangibles)	11.60	%
Gearing Under 1 Year	2.69	%
Gearing Under 1 Year (excl. Intgbl)	2.69	%
Assets/Equity	1.13
Cash/Equity	0.25
(Liquidity Ratios)
Net Working Capital to Total Assets	89.27	%
Current Ratio	34.15
Quick Ratio (Acid Test)	0.24
Liquidity Ratio	0.08
Cash & Equiv/Current Assets	0.24	%
(Solvency Ratios)
Enterprise Value	459.99	m
CFO/Sales	0.29
CFO/Attributable Profit	0.62
CFO/Assets	0.06
CFO/Debt	0.51
Total Debt/Equity Market Value	0.10
Total Debt/Sales	0.56
Total Debt/Pre-Tax Profit	0.98
Total Debt	44.11	m
Total Debt/Net Current Assets	0.13	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	4.42	%
5 yr Compound Earnings Growth	10.34	%
10 yr Compound Earnings Growth	0.33	%
Earn drops > 5% in 10yrs	5

Beta (60-Mnth)	Beta (36-Mnth)
2.8682	-0.2231

Mountview Estates Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	12.15	%
Return On Assets (ROA)	9.67	%
Net Profit Margin	46.30	%
Assets Turnover	0.21
Return On Equity (ROE)	10.77	%
Return On Investment (ROI)	9.97	%
Dividend Payout Ratio	32.29	%
Plowback Ratio	67.71	%
Growth from Plowback Ratio	7.57	%
Net Income Of Revenues	31.35	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.24
Fixed Assets Turnover	2.53
Current Assets Turnover	0.23
Net Working Capital Turnover
Inventory Turnover	0.23
(Other Operating Ratios)
Total Assets-to-Sales	4.79
Debtors-to-Sales	2.13	%
Debt Collection Period	7.78	Days

Mountview Estates Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
23 Nov 2017	Interim	GBX	200.00	30/09/2016	30/09/2017	15/02/2018	16/02/2018	26/03/2018	-
15 Jun 2017	Final	GBX	100.00	31/03/2016	31/03/2017	13/07/2017	14/07/2017	14/08/2017	300.00
24 Nov 2016	Interim	GBX	200.00	30/03/2016	30/09/2016	16/02/2017	17/02/2017	27/03/2017	-
16 Jun 2016	Final	GBX	100.00	31/03/2015	31/03/2016	14/07/2016	15/07/2016	15/08/2016	300.00
26 Nov 2015	Interim	GBX	200.00	30/03/2015	30/09/2015	18/02/2016	19/02/2016	29/03/2016	-
25 Jun 2015	Final	GBX	175.00	31/03/2014	31/03/2015	23/07/2015	24/07/2015	24/08/2015	275.00
27 Nov 2014	Interim	GBX	100.00	30/03/2014	30/09/2014	19/02/2015	20/02/2015	30/03/2015	-
26 Jun 2014	Final	GBX	150.00	31/03/2013	31/03/2014	16/07/2014	18/07/2014	18/08/2014	200.00
28 Nov 2013	Interim	GBX	50.00	30/03/2013	30/09/2013	19/02/2014	21/02/2014	31/03/2014	-
27 Jun 2013	Final	GBX	125.00	31/03/2012	31/03/2013	17/07/2013	19/07/2013	19/08/2013	175.00
29 Nov 2012	Interim	GBX	50.00	30/03/2012	30/09/2012	20/02/2013	22/02/2013	25/03/2013	-
28 Jun 2012	Final	GBX	115.00	31/03/2011	31/03/2012	18/07/2012	20/07/2012	20/08/2012	165.00
30 Nov 2011	Interim	GBX	50.00	30/03/2011	30/09/2011	22/02/2012	24/02/2012	26/03/2012	-
23 Jun 2011	Final	GBX	115.00	31/03/2010	31/03/2011	13/07/2011	15/07/2011	15/08/2011	165.00
30 Nov 2010	Interim	GBX	50.00	30/03/2010	30/09/2010	23/02/2011	25/02/2011	28/03/2011	-
24 Jun 2010	Final	GBX	115.00	31/03/2009	31/03/2010	14/07/2010	16/07/2010	16/08/2010	165.00
27 Nov 2008	Interim	GBX	50.00	30/03/2008	30/09/2008	25/02/2009	27/02/2009	30/03/2008	-
26 Jun 2008	Final	GBX	105.00	31/03/2007	31/03/2008	16/07/2008	18/07/2008	18/08/2008	155.00
29 Jun 2007	Final	GBX	100.00	31/03/2006	31/03/2007	18/07/2007	20/07/2007	20/08/2007	150.00
30 Nov 2006	Interim	GBX	50.00	30/03/2006	30/09/2006	21/02/2007	23/02/2007	26/03/2007	-
21 Jun 2006	Final	GBX	86.00	31/03/2005	31/03/2006	19/07/2006	21/07/2006	21/08/2006	130.00
01 Dec 2005	Interim	GBX	44.00	30/03/2005	30/09/2005	01/03/2006	03/03/2006	27/03/2006	-
23 Jun 2005	Final	GBX	82.00	31/03/2004	31/03/2005	-	-	22/08/2005	126.00
02 Dec 2004	Interim	GBX	44.00	30/03/2004	30/09/2004	23/02/2005	25/02/2005	29/03/2005	-
24 Jun 2004	Final	GBX	78.00	31/03/2003	31/03/2004	14/07/2004	16/07/2004	16/08/2004	122.00
13 Nov 2003	Interim	GBX	44.00	30/03/2003	30/09/2003	25/02/2004	27/02/2004	29/03/2004	-
16 Jun 2003	Final	GBX	52.00	31/03/2002	31/03/2003	16/07/2003	18/07/2003	18/08/2003	92.00
05 Dec 2002	Interim	GBX	40.00	30/03/2002	30/09/2002	26/02/2003	28/02/2003	31/03/2003	-
18 Jun 2002	Final	GBX	48.00	31/03/2001	31/03/2002	17/07/2002	19/07/2002	19/08/2002	84.00
12 Dec 2001	Interim	GBX	36.00	30/03/2001	30/09/2001	20/02/2002	22/02/2002	25/03/2002	-
18 Jun 2001	Final	GBX	48.00	31/03/2000	31/03/2001	18/07/2001	20/07/2001	20/08/2001	78.00
05 Dec 2000	Interim	GBX	30.00	30/03/2000	30/09/2000	21/02/2001	23/02/2001	26/03/2001	-
12 Jun 2000	Final	GBX	48.00	31/03/1999	31/03/2000	10/07/2000	14/07/2000	14/08/2000	72.00
24 Nov 1999	Interim	GBX	24.00	30/03/1999	30/09/1999	07/02/2000	11/02/2000	27/03/2000	-
15 Jun 1999	Final	GBX	36.00	31/03/1998	31/03/1999	12/07/1999	16/07/1999	16/08/1999	60.00
24 Nov 1998	Interim	GBX	12.00	30/03/1998	30/09/1998	08/02/1999	12/02/1999	29/03/1999	-
16 Jun 1998	Final	GBX	36.00	31/03/1997	31/03/1998	22/06/1998	26/06/1998	17/08/1998	48.00

Mountview Estates Fundamentals

	31 Mar 2014 (GBP)		31 Mar 2015 (GBP)		31 Mar 2016 (GBP)		31 Mar 2017 (GBP)
turnover	66.15	100.00%	71.33	100.00%	79.77	100.00%	78.23	100.00%	m
pre tax profit	35.39	53.51%	39.98	56.04%	48.39	60.66%	44.99	57.50%	m
attributable profit	28.44	43.00%	31.82	44.60%	38.71	48.53%	36.23	46.30%	m
retained profit	21.62	32.68%	22.07	30.94%	24.09	30.20%	24.53	31.35%	m
eps - basic (p)	729.50		816.00		992.90		929.10
eps - diluted (p)	729.50		816.00		992.90		929.10
dividends per share	200.00		275.00		300.00		300.00

Mountview Estates Balance Sheet

	31 Mar 2014 (GBP)		31 Mar 2015 (GBP)		31 Mar 2016 (GBP)		31 Mar 2017 (GBP)


	31 Mar 2014 (GBP)		31 Mar 2015 (GBP)		31 Mar 2016 (GBP)		31 Mar 2017 (GBP)
ASSETS
fixed assets	2.12	0.60%	2.01	0.56%	1.91	0.52%	1.83	0.48%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	29.40	8.27%	29.40	8.21%	29.45	7.98%	28.74	7.56%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	321.32	90.35%	323.02	90.23%	334.11	90.57%	347.38	91.32%	m
debtors	1.58	0.44%	1.95	0.54%	1.72	0.47%	1.61	0.42%	m
cash & securities	1.22	0.34%	1.63	0.45%	1.71	0.46%	0.83	0.22%	m

TOTAL	355.63	100%	358.00	100%	368.89	100%	380.39	100%	m

LIABILITIES
creditors - short	14.72	4.14%	4.88	1.36%	12.10	3.28%	10.24	2.69%	m
creditors - long	75.32	21.18%	65.46	18.28%	45.04	12.21%	33.87	8.90%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	90.04	25.32%	70.34	19.65%	57.14	15.49%	44.11	11.60%	m

EQUITY
ord cap, reserves	265.59	74.68%	287.66	80.35%	311.75	84.51%	336.28	88.40%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	265.59	74.68%	287.66	80.35%	311.75	84.51%	336.28	88.40%	m

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

Mountview Estates Cash Flow Statement

	31 Mar 2014 (GBP)	31 Mar 2015 (GBP)	31 Mar 2016 (GBP)	31 Mar 2017 (GBP)
Operating CF	20.56	26.94	30.90	22.41	m
Pre-Financing CF	22.55	26.96	32.54	22.10	m
Retained CF	0.42	7.03	-2.81	0.58	m

Mountview Estates Brokers

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