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
1,475.50	-4.5 [-0.30]	1,477.00	1,480.50	1,514.00	1,514.00	1,473.00	606,165
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
1,543.85	104.63	0.11	104.26	49.02	14.15	3.32	1,659.50 - 650.80

Plus500 Key Figures

(at previous day's close)
Market Cap.	1,543.85	m
Shares In Issue	104.63	m
Prev. Close	1,480.00
PE Ratio	14.15
Dividend Yield	3.32	%
EPS - basic	104.26	p
Dividend PS	49.02	p
Dividend Cover	-
Cash Flow PS	91.74	p
Return On Equity (ROE)	53.40	%
Operating Margin	53.40	%
PEG Factor	-0.24
EPS Growth Rate	-59.46	%
Dividends PS Growth Rate	-67.46	%
Net Debt	-196.12	m
Gross Gearing	10.35	%
Quick Assets	232.85	m
Net Working Capital	211.20	m
Intangibles / Fixed Assets	-	%
Turnover PS	255.47	p
Pre-Tax Profit PS	136.42	p
Retained Profit PS	36.47	p
Cash PS	211.08	p
Net Cash PS	190.40	p
Net Tangible Asset Value PS *	204.74	p
Net Asset Value PS	204.74	p
Spread	3.50 (0.24%)
* 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	1,659.50	1,399.00
4 weeks	1,659.50	1,399.00
12 weeks	1,659.50	1,204.50
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	1,591.50	-116.00	-7.29	1,399.00	0.87		1,508.54
4 weeks	1,529.00	-53.50	-3.50	1,399.00	0.48		1,529.04
12 weeks	1,225.00	250.50	20.45	1,204.50	0.55		1,491.30
26 weeks	1,304.00	171.50	13.15	1,010.00	0.59		1,362.05
1 year	832.00	643.50	77.34	650.80	0.75		1,093.96
3 years	976.00	499.50	51.18	399.70	1.06		1,117.51
5 years	351.25	1,124.25	320.07	280.00	0.93		946.06
† 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	1.66
PE Ratio	14.15
Tobin's Q Ratio	4.75
Tobin's Q Ratio (excl. intangibles)	4.75
Dividend Yield	3.32	%
Market-to-Book Ratio	7.21
Price-to-Pre-Tax Profit PS	10.82
Price-to-Retained Profit PS	40.46
Price-to-Cash Flow PS	16.08
Price-to-Sales PS	5.78
Price-to-Net Tangible Asset Value PS	7.21
Price-to-Cash PS	6.99
Net Working Capital PS	201.86
Price Pct to Working Capital PS	7.31	%
Earnings Yield	7.07	%
Average PE	4.94
Years in average	5
PE to PE average	286.29	%

Plus500 Financial Ratios

(Leverage Ratios)
Debt Ratio	1.42	%
Debt-to-Equity Ratio	0.01
Debt-to-Equity Ratio (excl. Intgbl)	0.01
Debt-to-Equity Market Value	0.00
Net Gearing	-82.08	%
Net Gearing (excl. Intangibles)	-82.08	%
Gross Gearing	10.35	%
Gross Gearing (excl. Intangibles)	10.35	%
Gearing Under 1 Year	9.06	%
Gearing Under 1 Year (excl. Intgbl)	9.06	%
Assets/Equity	1.12
Cash/Equity	103.10
(Liquidity Ratios)
Net Working Capital to Total Assets	88.39	%
Current Ratio	10.76
Quick Ratio (Acid Test)	10.76
Liquidity Ratio	10.21
Cash & Equiv/Current Assets	94.85	%
(Solvency Ratios)
Enterprise Value	1,326.08	m
CFO/Sales	0.36
CFO/Attributable Profit	0.84
CFO/Assets	0.40
CFO/Debt	3.88
Total Debt/Equity Market Value	0.02
Total Debt/Sales	0.09
Total Debt/Pre-Tax Profit	0.17
Total Debt	24.73	m
Total Debt/Net Current Assets	0.12	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	9.95	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	2

Beta (60-Mnth)	Beta (36-Mnth)
0.1060	-0.1780

Plus500 Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	65.68	%
Return On Assets (ROA)	35.21	%
Net Profit Margin	42.79	%
Assets Turnover	0.82
Return On Equity (ROE)	53.40	%
Return On Investment (ROI)	40.19	%
Dividend Payout Ratio	48.16	%
Plowback Ratio	51.84	%
Growth from Plowback Ratio	21.00	%
Net Income Of Revenues	14.27	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.95
Fixed Assets Turnover	46.90
Current Assets Turnover	0.84
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	1.22
Debtors-to-Sales	5.65	%
Debt Collection Period	20.62	Days

Plus500 Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
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	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	Special	USX	27.29	31/12/2015	31/12/2016	02/03/2017	03/03/2017	03/07/2017	-
07 Feb 2017	Final	USX	37.99	31/12/2015	31/12/2016	02/03/2017	03/03/2017	03/07/2017	88.52
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	Final	USX	29.22	31/12/2014	31/12/2015	24/03/2016	29/03/2016	11/05/2016	84.05
17 Feb 2016	Special	USX	33.62	31/12/2014	31/12/2015	24/03/2016	29/03/2016	11/05/2016	-
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	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 2016 (USD)		31 Dec 2017 (USD)		31 Dec 2018 (USD)		31 Dec 2019 (USD)
turnover	327.93	100.00%	437.24	100.00%	720.40	100.00%	354.50	100.00%	m
pre tax profit	151.98	46.35%	253.36	57.95%	503.00	69.82%	189.30	53.40%	m
attributable profit	117.24	35.75%	199.68	45.67%	379.00	52.61%	151.70	42.79%	m
retained profit	-6.02	-1.84%	97.46	22.29%	57.10	7.93%	50.60	14.27%	m
eps - basic	102.00		175.00		333.00		135.00
eps - diluted	102.00		175.00		333.00		135.00
dividends per share	88.52		168.66		199.77		65.01

Plus500 Balance Sheet

	31 Dec 2016 (USD)		31 Dec 2017 (USD)		31 Dec 2018 (USD)		31 Dec 2019 (USD)


	31 Dec 2016 (USD)		31 Dec 2017 (USD)		31 Dec 2018 (USD)		31 Dec 2019 (USD)
ASSETS
fixed assets	3.43	2.22%	3.37	1.24%	3.10	0.93%	2.80	0.88%	m
intangibles	0.11	0.07%	0.08	0.03%	0.20	0.06%	-	-%	m
fixed investments	-	-%	-	-%	-	-%	5.30	1.67%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	14.69	9.49%	26.32	9.69%	14.30	4.30%	15.90	5.02%	m
cash & securities	136.48	88.22%	241.85	89.04%	315.30	94.71%	292.90	92.43%	m

TOTAL	154.71	100%	271.62	100%	332.90	100%	316.90	100%	m

LIABILITIES
creditors - short	18.71	12.09%	45.69	16.82%	51.90	15.59%	28.70	9.06%	m
creditors - long	-	-%	-	-%	0.30	0.09%	4.10	1.29%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	18.71	12.09%	45.69	16.82%	52.20	15.68%	32.80	10.35%	m

EQUITY
ord cap, reserves	136.00	87.91%	225.93	83.18%	280.70	84.32%	284.10	89.65%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	136.00	87.91%	225.93	83.18%	280.70	84.32%	284.10	89.65%	m

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

Plus500 Cash Flow Statement

	31 Dec 2016 (USD)	31 Dec 2017 (USD)	31 Dec 2018 (USD)	31 Dec 2019 (USD)
Operating CF	108.91	211.98	400.40	127.30	m
Pre-Financing CF	106.70	210.95	399.70	127.20	m
Retained CF	-16.56	101.21	75.50	-22.90	m

Plus500 Brokers

Broker infomation is not available for this class of stock.