Plus500 (PLUS)

Company name:	Plus500 Ltd
EPIC:	PLUS	Trading Currency:	GBX
Market Sector:	F25T	ISIN:	IL0011284465
Market Segment:	STMM	Share Type:	DE
WWW Address:	http://www.plus500.co.uk/	Description:	ORD ILS0.01 (DI)
Industry Sector:	SOFTWARE & COMPUTER SERVICES

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
1,367.00	2.5 [0.18]	1,368.50	1,371.00	1,361.50	1,376.00	1,348.00	660,732
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
1,408.78	103.06	-0.10	338.20	130.36	4.04	9.54	1,659.50 - 650.80

Plus500 Key Figures

(at previous day's close)
Market Cap.	1,408.78	m
Shares In Issue	103.06	m
Prev. Close	1,364.50
PE Ratio	4.04
Dividend Yield	9.54	%
EPS - basic	338.20	p
Dividend PS	130.36	p
Dividend Cover	-
Cash Flow PS	375.23	p
Return On Equity (ROE)	90.01	%
Operating Margin	59.98	%
PEG Factor	0.02
EPS Growth Rate	248.89	%
Dividends PS Growth Rate	174.16	%
Net Debt	-387.14	m
Gross Gearing	10.42	%
Quick Assets	447.41	m
Net Working Capital	405.35	m
Intangibles / Fixed Assets	70.59	%
Turnover PS	619.24	p
Pre-Tax Profit PS	371.40	p
Retained Profit PS	254.44	p
Cash PS	421.51	p
Net Cash PS	380.70	p
Net Tangible Asset Value PS *	390.07	p
Net Asset Value PS	394.33	p
Spread	2.50 (0.18%)
* 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.

Plus500 Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	1,435.00	1,346.50
4 weeks	1,474.00	1,312.00
12 weeks	1,594.00	1,305.50
1 year	1,659.50	650.80

Share Price Chart (5 years)

Plus500 Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	1,421.00	-54.00	-3.80	1,346.50	1.15		1,395.38
4 weeks	1,322.00	45.00	3.40	1,312.00	0.71		1,392.09
12 weeks	1,594.00	-227.00	-14.24	1,305.50	0.56		1,402.03
26 weeks	1,464.50	-97.50	-6.66	1,305.50	0.50		1,455.68
1 year	877.00	490.00	55.87	650.80	0.73		1,235.82
3 years	1,125.00	242.00	21.51	399.70	1.02		1,142.58
5 years	575.00	792.00	137.74	311.00	0.93		982.86
† periods calculated are whole weeks rather than calendar months

Plus500 Key Management Ratios

Plus500 Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	0.78
PE Ratio	4.04
Tobin's Q Ratio	3.01
Tobin's Q Ratio (excl. intangibles)	3.03
Dividend Yield	9.54	%
Market-to-Book Ratio	3.47
Price-to-Pre-Tax Profit PS	3.68
Price-to-Retained Profit PS	5.37
Price-to-Cash Flow PS	3.64
Price-to-Sales PS	2.21
Price-to-Net Tangible Asset Value PS	3.50
Price-to-Cash PS	3.24
Net Working Capital PS	393.33
Price Pct to Working Capital PS	3.48	%
Earnings Yield	24.74	%
Average PE	4.54
Years in average	5
PE to PE average	88.98	%

Plus500 Financial Ratios

(Leverage Ratios)
Debt Ratio	1.26	%
Debt-to-Equity Ratio	0.01
Debt-to-Equity Ratio (excl. Intgbl)	0.01
Debt-to-Equity Market Value	0.00
Net Gearing	-85.34	%
Net Gearing (excl. Intangibles)	-86.18	%
Gross Gearing	10.42	%
Gross Gearing (excl. Intangibles)	10.52	%
Gearing Under 1 Year	9.27	%
Gearing Under 1 Year (excl. Intgbl)	9.36	%
Assets/Equity	1.12
Cash/Equity	106.89
(Liquidity Ratios)
Net Working Capital to Total Assets	89.36	%
Current Ratio	10.64
Quick Ratio (Acid Test)	10.64
Liquidity Ratio	10.33
Cash & Equiv/Current Assets	97.09	%
(Solvency Ratios)
Enterprise Value	979.58	m
CFO/Sales	0.61
CFO/Attributable Profit	1.06
CFO/Assets	0.85
CFO/Debt	8.18
Total Debt/Equity Market Value	0.03
Total Debt/Sales	0.07
Total Debt/Pre-Tax Profit	0.12
Total Debt	47.25	m
Total Debt/Net Current Assets	0.12	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	12.25	%
5 yr Compound Earnings Growth	35.80	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	2

Beta (60-Mnth)	Beta (36-Mnth)
-0.1044	-0.2009

Plus500 Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	93.00	%
Return On Assets (ROA)	78.07	%
Net Profit Margin	57.32	%
Assets Turnover	1.36
Return On Equity (ROE)	90.01	%
Return On Investment (ROI)	85.98	%
Dividend Payout Ratio	37.84	%
Plowback Ratio	62.16	%
Growth from Plowback Ratio	54.15	%
Net Income Of Revenues	41.09	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	1.52
Fixed Assets Turnover	76.89
Current Assets Turnover	1.39
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	0.73
Debtors-to-Sales	2.64	%
Debt Collection Period	9.64	Days

Plus500 Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
17 Feb 2021	Final	USX	54.22	31/12/2019	31/12/2020	25/02/2021	26/02/2021	12/07/2021	178.23
17 Feb 2021	Special	USX	28.70	31/12/2019	31/12/2020	25/02/2021	26/02/2021	12/07/2021	-
11 Aug 2020	Interim	USX	95.31	31/12/2019	31/12/2020	20/08/2020	21/08/2020	11/11/2020	-
12 Feb 2020	Final	USX	37.67	31/12/2018	31/12/2019	27/02/2020	28/02/2020	13/07/2020	65.01
13 Aug 2019	Interim	USX	27.34	31/12/2018	31/12/2019	29/08/2019	30/08/2019	28/11/2019	-
12 Feb 2019	Final	USX	61.91	31/12/2017	31/12/2018	21/02/2019	22/02/2019	09/07/2019	199.77
14 Aug 2018	Interim	USX	137.86	31/12/2017	31/12/2018	23/08/2018	24/08/2018	22/11/2018	-
14 Feb 2018	Final	USX	81.29	31/12/2016	31/12/2017	22/02/2018	23/02/2018	23/07/2018	168.66
14 Feb 2018	Special	USX	63.50	31/12/2016	31/12/2017	22/02/2018	23/02/2018	23/07/2018	-
07 Aug 2017	Interim	USX	23.87	31/12/2016	31/12/2017	07/09/2017	08/09/2017	23/09/2017	-
07 Feb 2017	Final	USX	37.99	31/12/2015	31/12/2016	02/03/2017	03/03/2017	03/07/2017	88.52
07 Feb 2017	Special	USX	27.29	31/12/2015	31/12/2016	02/03/2017	03/03/2017	03/07/2017	-
05 Sep 2016	Interim	USX	23.24	31/12/2015	31/12/2016	15/09/2016	16/09/2016	17/11/2016	-
17 Feb 2016	Special	USX	33.62	31/12/2014	31/12/2015	24/03/2016	29/03/2016	11/05/2016	-
17 Feb 2016	Final	USX	29.22	31/12/2014	31/12/2015	24/03/2016	29/03/2016	11/05/2016	84.05
15 Dec 2015	Interim	USX	21.21	30/12/2014	30/06/2015	07/01/2016	08/01/2016	29/02/2016	-
25 Feb 2015	Final	USX	30.00	31/12/2013	31/12/2014	19/03/2015	20/03/2015	15/05/2015	80.00
25 Feb 2015	Special	USX	27.00	31/12/2013	31/12/2014	19/03/2015	20/03/2015	15/05/2015	-
13 Aug 2014	Interim	USX	23.00	30/12/2013	30/06/2014	20/08/2014	22/08/2014	19/09/2014	-
19 Feb 2014	Special	USX	14.00	31/12/2012	31/12/2013	12/03/2014	14/03/2014	01/05/2014	-
19 Feb 2014	Final	USX	15.00	31/12/2012	31/12/2013	12/03/2014	14/03/2014	01/05/2014	36.00
27 Aug 2013	Interim	USX	7.00	30/12/2012	30/06/2013	04/09/2013	06/09/2013	03/10/2013	-

Plus500 Fundamentals

	31 Dec 2017 (USD)		31 Dec 2018 (USD)		31 Dec 2019 (USD)		31 Dec 2020 (USD)
turnover	437.24	100.00%	720.40	100.00%	354.50	100.00%	872.50	100.00%	m
pre tax profit	253.36	57.95%	503.00	69.82%	189.30	53.40%	523.30	59.98%	m
attributable profit	199.68	45.67%	379.00	52.61%	151.70	42.79%	500.10	57.32%	m
retained profit	97.46	22.29%	57.10	7.93%	50.60	14.27%	358.50	41.09%	m
eps - basic	175.00		333.00		135.00		471.00
eps - diluted	175.00		333.00		135.00		471.00
dividends per share	168.66		199.77		65.01		178.23

Plus500 Balance Sheet

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


	31 Dec 2017 (USD)		31 Dec 2018 (USD)		31 Dec 2019 (USD)		31 Dec 2020 (USD)
ASSETS
fixed assets	3.37	1.24%	3.10	0.93%	2.80	0.88%	2.50	0.40%	m
intangibles	0.08	0.03%	0.20	0.06%	-	-%	6.00	0.97%	m
fixed investments	-	-%	-	-%	5.30	1.67%	-	-%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	26.32	9.69%	14.30	4.30%	15.90	5.02%	17.80	2.87%	m
cash & securities	241.85	89.04%	315.30	94.71%	292.90	92.43%	593.90	95.76%	m

TOTAL	271.62	100%	332.90	100%	316.90	100%	620.20	100%	m

LIABILITIES
creditors - short	45.69	16.82%	51.90	15.59%	28.70	9.06%	57.50	9.27%	m
creditors - long	-	-%	0.30	0.09%	4.10	1.29%	7.10	1.14%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	45.69	16.82%	52.20	15.68%	32.80	10.35%	64.60	10.42%	m

EQUITY
ord cap, reserves	225.93	83.18%	280.70	84.32%	284.10	89.65%	555.60	89.58%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	225.93	83.18%	280.70	84.32%	284.10	89.65%	555.60	89.58%	m

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

Plus500 Cash Flow Statement

	31 Dec 2017 (USD)	31 Dec 2018 (USD)	31 Dec 2019 (USD)	31 Dec 2020 (USD)
Operating CF	211.98	400.40	127.30	528.70	m
Pre-Financing CF	210.95	399.70	127.20	528.40	m
Retained CF	101.21	75.50	-22.90	296.20	m

Plus500 Brokers

Broker infomation is not available for this class of stock.