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
705.60	-18.4 [-2.54]	708.40	710.00	720.00	733.60	686.80	1,641,215
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
800.20	113.41	0.77	275.41	156.65	2.56	22.20	1,915.00 - 399.70

Plus500 Key Figures

(at previous day's close)
Market Cap.	800.20	m
Shares In Issue	113.41	m
Prev. Close	724.00
PE Ratio	2.56
Dividend Yield	22.20	%
EPS - basic	275.41	p
Dividend PS	156.65	p
Dividend Cover	-
Cash Flow PS	276.86	p
Return On Equity (ROE)	135.02	%
Operating Margin	69.82	%
PEG Factor	0.03
EPS Growth Rate	90.29	%
Dividends PS Growth Rate	18.45	%
Net Debt	-206.31	m
Gross Gearing	15.68	%
Quick Assets	258.46	m
Net Working Capital	217.76	m
Intangibles / Fixed Assets	6.06	%
Turnover PS	498.12	p
Pre-Tax Profit PS	347.80	p
Retained Profit PS	39.48	p
Cash PS	218.02	p
Net Cash PS	182.13	p
Net Tangible Asset Value PS *	193.95	p
Net Asset Value PS	194.09	p
Spread	1.60 (0.23%)
* 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	733.60	571.00
4 weeks	733.60	560.40
12 weeks	733.60	507.40
1 year	1,915.00	399.70

Share Price Chart (5 years)

Plus500 Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	607.60	98.00	16.13	571.00	1.16		683.75
4 weeks	664.80	40.80	6.14	560.40	0.62		644.75
12 weeks	628.00	77.60	12.36	507.40	0.71		612.80
26 weeks	923.00	-217.40	-23.55	399.70	1.26		684.23
1 year	1,851.00	-1,145.40	-61.88	399.70	1.46		1,086.73
3 years	737.50	-31.90	-4.33	311.00	1.10		973.15
5 years	479.75	225.85	47.08	198.00	0.93		832.33
† 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	0.42
PE Ratio	2.56
Tobin's Q Ratio	2.65
Tobin's Q Ratio (excl. intangibles)	2.65
Dividend Yield	22.20	%
Market-to-Book Ratio	3.64
Price-to-Pre-Tax Profit PS	2.03
Price-to-Retained Profit PS	17.87
Price-to-Cash Flow PS	2.55
Price-to-Sales PS	1.42
Price-to-Net Tangible Asset Value PS	3.64
Price-to-Cash PS	3.24
Net Working Capital PS	192.02
Price Pct to Working Capital PS	3.67	%
Earnings Yield	39.03	%
Average PE	4.98
Years in average	5
PE to PE average	51.46	%

Plus500 Financial Ratios

(Leverage Ratios)
Debt Ratio	0.11	%
Debt-to-Equity Ratio	0.00
Debt-to-Equity Ratio (excl. Intgbl)	0.00
Debt-to-Equity Market Value	0.00
Net Gearing	-79.03	%
Net Gearing (excl. Intangibles)	-79.08	%
Gross Gearing	15.68	%
Gross Gearing (excl. Intangibles)	15.69	%
Gearing Under 1 Year	15.59	%
Gearing Under 1 Year (excl. Intgbl)	15.60	%
Assets/Equity	1.19
Cash/Equity	112.33
(Liquidity Ratios)
Net Working Capital to Total Assets	83.42	%
Current Ratio	6.35
Quick Ratio (Acid Test)	6.35
Liquidity Ratio	6.08
Cash & Equiv/Current Assets	95.66	%
(Solvency Ratios)
Enterprise Value	553.19	m
CFO/Sales	0.56
CFO/Attributable Profit	1.06
CFO/Assets	1.20
CFO/Debt	7.67
Total Debt/Equity Market Value	0.05
Total Debt/Sales	0.07
Total Debt/Pre-Tax Profit	0.10
Total Debt	40.93	m
Total Debt/Net Current Assets	0.19	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	48.35	%
5 yr Compound Earnings Growth	30.20	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	1

Beta (60-Mnth)	Beta (36-Mnth)
0.7743	0.7677

Plus500 Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	179.00	%
Return On Assets (ROA)	98.32	%
Net Profit Margin	52.61	%
Assets Turnover	1.87
Return On Equity (ROE)	135.02	%
Return On Investment (ROI)	117.25	%
Dividend Payout Ratio	59.99	%
Plowback Ratio	40.01	%
Growth from Plowback Ratio	46.94	%
Net Income Of Revenues	7.93	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	2.23
Fixed Assets Turnover	167.36
Current Assets Turnover	1.89
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	0.54
Debtors-to-Sales	3.59	%
Debt Collection Period	13.12	Days

Plus500 Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
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	Special	USX	63.50	31/12/2016	31/12/2017	22/02/2018	23/02/2018	23/07/2018	-
14 Feb 2018	Final	USX	81.29	31/12/2016	31/12/2017	22/02/2018	23/02/2018	23/07/2018	168.66
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	Special	USX	27.00	31/12/2013	31/12/2014	19/03/2015	20/03/2015	15/05/2015	-
25 Feb 2015	Final	USX	30.00	31/12/2013	31/12/2014	19/03/2015	20/03/2015	15/05/2015	80.00
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	Final	USX	15.00	31/12/2012	31/12/2013	12/03/2014	14/03/2014	01/05/2014	36.00
19 Feb 2014	Special	USX	14.00	31/12/2012	31/12/2013	12/03/2014	14/03/2014	01/05/2014	-
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 2015 (USD)		31 Dec 2016 (USD)		31 Dec 2017 (USD)		31 Dec 2018 (USD)
turnover	275.65	100.00%	327.93	100.00%	437.24	100.00%	720.40	100.00%	m
pre tax profit	127.88	46.39%	151.98	46.35%	253.36	57.95%	503.00	69.82%	m
attributable profit	96.57	35.03%	117.24	35.75%	199.68	45.67%	379.00	52.61%	m
retained profit	31.56	11.45%	-6.02	-1.84%	97.46	22.29%	57.10	7.93%	m
eps - basic	84.00		102.00		175.00		333.00
eps - diluted	84.00		102.00		175.00		333.00
dividends per share	84.05		88.52		168.66		199.77

Plus500 Balance Sheet

	31 Dec 2015 (USD)		31 Dec 2016 (USD)		31 Dec 2017 (USD)		31 Dec 2018 (USD)


	31 Dec 2015 (USD)		31 Dec 2016 (USD)		31 Dec 2017 (USD)		31 Dec 2018 (USD)
ASSETS
fixed assets	1.98	1.17%	3.43	2.22%	3.37	1.24%	3.10	0.93%	m
intangibles	0.09	0.05%	0.11	0.07%	0.08	0.03%	0.20	0.06%	m
fixed investments	-	-%	-	-%	-	-%	-	-%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	10.40	6.16%	14.69	9.49%	26.32	9.69%	14.30	4.30%	m
cash & securities	156.50	92.62%	136.48	88.22%	241.85	89.04%	315.30	94.71%	m

TOTAL	168.97	100%	154.71	100%	271.62	100%	332.90	100%	m

LIABILITIES
creditors - short	51.10	30.24%	18.71	12.09%	45.69	16.82%	51.90	15.59%	m
creditors - long	0.21	0.13%	-	-%	-	-%	0.30	0.09%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	51.32	30.37%	18.71	12.09%	45.69	16.82%	52.20	15.68%	m

EQUITY
ord cap, reserves	117.65	69.63%	136.00	87.91%	225.93	83.18%	280.70	84.32%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	117.65	69.63%	136.00	87.91%	225.93	83.18%	280.70	84.32%	m

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

Plus500 Cash Flow Statement

	31 Dec 2015 (USD)	31 Dec 2016 (USD)	31 Dec 2017 (USD)	31 Dec 2018 (USD)
Operating CF	85.48	108.91	211.98	400.40	m
Pre-Financing CF	85.49	106.70	210.95	399.70	m
Retained CF	20.49	-16.56	101.21	75.50	m

Plus500 Brokers

Broker infomation is not available for this class of stock.