North American Income (NAIT)

Company name:	North American Income Trust (the) Plc
EPIC:	NAIT	Trading Currency:	GBX
Market Sector:	SSC5	ISIN:	GB00BJ00Z303
Market Segment:	SSMM	Share Type:	DE
WWW Address:	http://www.northamericanincome.co.uk/itnorthamericanincome/	Description:	ORD 5P
Industry Sector:	EQUITY INVESTMENT INSTRUMENTS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
265.00	0.0 [0.00]	263.00	266.00	-	-	-	5,694
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
379.16	143.08	0.07	11.79	10.00	22.48	3.77	267.00 - 205.00

North American Income Key Figures

(at previous day's close)
Market Cap.	379.16	m
Shares In Issue	143.08	m
Prev. Close	265.00
PE Ratio	22.48
Dividend Yield	3.77	%
EPS - basic	11.79	p
Dividend PS	10.00	p
Dividend Cover	1.18
Cash Flow PS	10.89	p
Return On Equity (ROE)	4.50	%
Operating Margin	-	%
PEG Factor	6.94
EPS Growth Rate	3.24	%
Dividends PS Growth Rate	-	%
Net Debt	31.42	m
Gross Gearing	9.77	%
Quick Assets	11.81	m
Net Working Capital	7.49	m
Intangibles / Fixed Assets	-	%
Turnover PS	-	p
Pre-Tax Profit PS	13.82	p
Retained Profit PS	2.09	p
Cash PS	6.46	p
Net Cash PS	3.44	p
Net Tangible Asset Value PS *	262.39	p
Net Asset Value PS	262.48	p
Spread	3.00 (1.13%)
* 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.

North American Income Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	267.00	258.00
4 weeks	267.00	244.00
12 weeks	267.00	226.00
1 year	267.00	205.00

Share Price Chart (5 years)

North American Income Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	262.00	3.00	1.15	258.00	0.25		263.90
4 weeks	250.00	15.00	6.00	244.00	0.27		255.36
12 weeks	242.00	23.00	9.50	226.00	0.28		243.91
26 weeks	225.00	40.00	17.78	205.00	0.27		237.73
1 year	239.00	26.00	10.88	205.00	0.25		234.57
3 years	245.00	20.00	8.16	192.00	0.14		253.63
5 years	180.10	84.90	47.14	168.00	0.10		251.30
† periods calculated are whole weeks rather than calendar months

North American Income Key Management Ratios

North American Income Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	2.38
PE Ratio	22.48
Tobin's Q Ratio	0.89
Tobin's Q Ratio (excl. intangibles)	0.89
Dividend Yield	3.77	%
Market-to-Book Ratio	1.01
Price-to-Pre-Tax Profit PS	19.18
Price-to-Retained Profit PS	126.89
Price-to-Cash Flow PS	24.33
Price-to-Sales PS	-
Price-to-Net Tangible Asset Value PS	1.01
Price-to-Cash PS	41.04
Net Working Capital PS	5.24
Price Pct to Working Capital PS	50.61	%
Earnings Yield	4.45	%
Average PE	12.59
Years in average	5
PE to PE average	178.60	%

North American Income Financial Ratios

(Leverage Ratios)
Debt Ratio	8.82	%
Debt-to-Equity Ratio	0.10
Debt-to-Equity Ratio (excl. Intgbl)	0.10
Debt-to-Equity Market Value	0.10
Net Gearing	7.55	%
Net Gearing (excl. Intangibles)	7.55	%
Gross Gearing	9.77	%
Gross Gearing (excl. Intangibles)	9.77	%
Gearing Under 1 Year	1.04	%
Gearing Under 1 Year (excl. Intgbl)	1.04	%
Assets/Equity	1.11
Cash/Equity	2.46
(Liquidity Ratios)
Net Working Capital to Total Assets	1.80	%
Current Ratio	2.73
Quick Ratio (Acid Test)	2.73
Liquidity Ratio	2.14
Cash & Equiv/Current Assets	78.20	%
(Solvency Ratios)
Enterprise Value	406.25	m
CFO/Sales	-
CFO/Attributable Profit	0.92
CFO/Assets	0.04
CFO/Debt	0.38
Total Debt/Equity Market Value	0.11
Total Debt/Sales	-
Total Debt/Pre-Tax Profit	2.06
Total Debt	40.66	m
Total Debt/Net Current Assets	5.43	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	1

Beta (60-Mnth)	Beta (36-Mnth)
0.0687	0.0692

North American Income Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	4.80	%
Return On Assets (ROA)	3.97	%
Net Profit Margin	-	%
Assets Turnover	-
Return On Equity (ROE)	4.50	%
Return On Investment (ROI)	4.09	%
Dividend Payout Ratio	84.82	%
Plowback Ratio	15.18	%
Growth from Plowback Ratio	0.65	%
Net Income Of Revenues	-	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	-
Fixed Assets Turnover	-
Current Assets Turnover	-
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	-
Debtors-to-Sales	-	%
Debt Collection Period	-	Days

North American Income Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
13 Apr 2021	Final	GBX	4.50	31/01/2020	31/01/2021	06/05/2021	07/05/2021	04/06/2021	10.00
27 Jan 2021	Quarterly	GBX	1.90	31/01/2020	31/01/2021	04/02/2021	05/02/2021	26/02/2021	-
18 Sep 2020	Quarterly	GBX	1.80	31/01/2020	31/01/2021	01/10/2020	02/10/2020	30/10/2020	-
06 Jul 2020	Quarterly	GBX	1.80	31/01/2020	31/01/2021	16/07/2020	17/07/2020	07/08/2020	-
23 Apr 2020	Quarterly	GBX	4.30	31/01/2019	31/01/2020	07/05/2020	11/05/2020	05/06/2020	9.50
22 Jan 2020	Quarterly	GBX	1.80	31/01/2019	31/01/2020	30/01/2020	31/01/2020	21/02/2020	-
24 Sep 2019	Quarterly	GBX	1.70	31/01/2019	31/01/2020	03/10/2019	04/10/2019	25/10/2019	-
11 Jul 2019	Quarterly	GBX	1.70	31/01/2019	31/01/2020	18/07/2019	19/07/2019	02/08/2019	-
11 Apr 2019	Final	GBX	18.50	31/01/2018	31/01/2019	09/05/2019	10/05/2019	07/06/2019	42.50
17 Jan 2019	Quarterly	GBX	8.00	31/01/2018	31/01/2019	24/01/2019	25/01/2019	15/02/2019	-
26 Sep 2018	Quarterly	GBX	8.00	31/01/2018	31/01/2019	04/10/2018	05/10/2018	26/10/2018	-
12 Jul 2018	Quarterly	GBX	8.00	31/01/2018	31/01/2019	19/07/2018	20/07/2018	03/08/2018	-
28 Mar 2018	Final	GBX	16.00	31/01/2017	31/01/2018	10/05/2018	11/05/2018	08/06/2018	39.00
18 Jan 2018	Quarterly	GBX	8.00	31/01/2017	31/01/2018	25/01/2018	26/01/2018	16/02/2018	-
27 Sep 2017	Quarterly	GBX	7.50	31/01/2017	31/01/2018	12/10/2017	13/10/2017	31/10/2017	-
28 Jun 2017	Quarterly	GBX	7.50	31/01/2017	31/01/2018	13/07/2017	14/07/2017	04/08/2017	-
24 Mar 2017	Final	GBX	14.50	31/01/2016	31/01/2017	18/05/2017	19/05/2017	16/06/2017	36.00
12 Jan 2017	Quarterly	GBX	7.50	31/01/2016	31/01/2017	19/01/2017	20/01/2017	17/02/2017	-
03 Oct 2016	Quarterly	GBX	7.00	31/01/2016	31/01/2017	13/10/2016	14/10/2016	31/10/2016	-
05 Jul 2016	Quarterly	GBX	7.00	31/01/2016	31/01/2017	14/07/2016	15/07/2016	05/08/2016	-
24 Mar 2016	Final	GBX	13.00	31/01/2015	31/01/2016	12/05/2016	13/05/2016	07/06/2016	33.00
14 Jan 2016	Quarterly	GBX	7.00	31/01/2015	31/01/2016	21/01/2016	22/01/2016	19/02/2016	-
17 Sep 2015	Quarterly	GBX	6.50	31/01/2015	31/01/2016	01/10/2015	02/10/2015	30/10/2015	-
19 Jun 2015	Quarterly	GBX	6.50	31/01/2015	31/01/2016	02/07/2015	03/07/2015	31/07/2015	-
25 Mar 2015	Final	GBX	11.50	31/01/2014	31/01/2015	07/05/2015	08/05/2015	01/06/2015	30.00
15 Jan 2015	Quarterly	GBX	6.50	31/01/2014	31/01/2015	22/01/2015	23/01/2015	13/02/2015	-
12 Sep 2014	Quarterly	GBX	6.00	31/01/2014	31/01/2015	01/10/2014	03/10/2014	31/10/2014	-
19 Jun 2014	Quarterly	GBX	6.00	31/01/2014	31/01/2015	02/07/2014	04/07/2014	01/08/2014	-
20 Mar 2014	Final	GBX	10.00	31/01/2013	31/01/2014	07/05/2014	09/05/2014	03/06/2014	27.00
16 Jan 2014	Interim	GBX	6.00	31/01/2013	31/01/2014	22/01/2014	24/01/2014	14/02/2014	-
18 Sep 2013	Interim	GBX	5.50	31/01/2013	31/01/2014	02/10/2013	04/10/2013	01/11/2013	-
27 Jun 2013	Interim	GBX	5.50	31/01/2013	31/01/2014	03/07/2013	05/07/2013	02/08/2013	-
22 Mar 2013	Final	GBX	13.00	31/01/2012	31/01/2013	24/04/2013	26/04/2013	24/05/2013	19.50
18 Sep 2012	Interim	GBX	6.50	31/01/2012	31/01/2013	26/09/2012	28/09/2012	26/10/2012	-

North American Income Fundamentals

	31 Jan 2018 (GBP)		31 Jan 2019 (GBP)		31 Jan 2020 (GBP)		31 Jan 2021 (GBP)
turnover	-	-	-	-	-	-	-	-	m
pre tax profit	14.21	-	16.96	-	18.97	-	19.77	-	m
attributable profit	12.01	-	14.27	-	16.27	-	16.89	-	m
retained profit	1.45	-	2.90	-	3.89	-	2.99	-	m
eps - basic (p)	42.12		50.19		11.42		11.79
eps - diluted (p)	42.12		50.19		11.42		11.79
dividends per share	39.00		42.50		-		10.00

North American Income Balance Sheet

	31 Jan 2018 (GBP)		31 Jan 2019 (GBP)		31 Jan 2020 (GBP)		31 Jan 2021 (GBP)


	31 Jan 2018 (GBP)		31 Jan 2019 (GBP)		31 Jan 2020 (GBP)		31 Jan 2021 (GBP)
ASSETS
fixed assets	-	-%	-	-%	-	-%	-	-%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	406.59	95.25%	421.47	95.18%	410.80	94.55%	404.26	97.16%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	0.62	0.15%	2.77	0.63%	1.80	0.42%	2.58	0.62%	m
cash & securities	19.64	4.60%	18.59	4.20%	21.90	5.04%	9.24	2.22%	m

TOTAL	426.85	100%	442.83	100%	434.50	100%	416.07	100%	m

LIABILITIES
creditors - short	35.20	8.25%	44.18	9.98%	20.55	4.73%	4.32	1.04%	m
creditors - long	-	-%	-	-%	-	-%	36.34	8.73%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	35.20	8.25%	44.18	9.98%	20.55	4.73%	40.66	9.77%	m

EQUITY
ord cap, reserves	391.65	91.75%	398.66	90.02%	413.95	95.27%	375.42	90.23%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	391.65	91.75%	398.66	90.02%	413.95	95.27%	375.42	90.23%	m

OTHER
NAV Basic	-		-		-		262.48
NAV Diluted	-		-		-		262.48

North American Income Cash Flow Statement

	31 Jan 2018 (GBP)	31 Jan 2019 (GBP)	31 Jan 2020 (GBP)	31 Jan 2021 (GBP)
Operating CF	11.16	11.29	14.40	15.59	m
Pre-Financing CF	17.79	5.57	31.94	-16.40	m
Retained CF	9.32	-2.30	4.37	-11.34	m

North American Income Brokers

Broker infomation is not available for this class of stock.