Proven Vct (PVN)

Company name:	Proven Vct Plc
EPIC:	PVN	Trading Currency:	GBX
Market Sector:	SQQ3	ISIN:	GB00B8GH9P84
Market Segment:	SSQ3	Share Type:	DE
WWW Address:		Description:	ORD 10P
Industry Sector:	GENERAL FINANCIAL

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
63.50	0.0 [0.00]	62.00	65.00	63.50	63.50	63.50	-
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
108.32	170.58	0.01	-0.20	4.00	-	6.30	75.00 - 61.50

Proven Vct Key Figures

(at previous day's close)
Market Cap.	108.32	m
Shares In Issue	170.58	m
Prev. Close	63.50
PE Ratio	-
Dividend Yield	6.30	%
EPS - basic	-0.20	p
Dividend PS	4.00	p
Dividend Cover	-
Cash Flow PS	-4.52	p
Return On Equity (ROE)	-0.48	%
Operating Margin	-83.92	%
PEG Factor	-
EPS Growth Rate	66.67	%
Dividends PS Growth Rate	-85.59	%
Net Debt	-35.38	m
Gross Gearing	0.88	%
Quick Assets	38.67	m
Net Working Capital	37.73	m
Intangibles / Fixed Assets	-	%
Turnover PS	0.35	p
Pre-Tax Profit PS	-0.29	p
Retained Profit PS	-3.60	p
Cash PS	21.29	p
Net Cash PS	20.74	p
Net Tangible Asset Value PS *	61.76	p
Net Asset Value PS	70.10	p
Spread	3.00 (4.62%)
* 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.

Proven Vct Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	63.50	63.50
4 weeks	65.50	61.50
12 weeks	65.50	61.50
1 year	75.00	61.50

Share Price Chart (5 years)

Proven Vct Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	63.50	-	-	63.50	0.00		63.50
4 weeks	61.50	2.00	3.25	61.50	0.03		64.60
12 weeks	61.50	2.00	3.25	61.50	0.02		64.06
26 weeks	70.00	-6.50	-9.29	61.50	0.02		66.23
1 year	75.00	-11.50	-15.33	61.50	0.03		73.02
3 years	100.50	-37.00	-36.82	61.50	0.02		80.39
5 years	94.50	-31.00	-32.80	61.50	0.02		84.32
† periods calculated are whole weeks rather than calendar months

Proven Vct Key Management Ratios

Proven Vct Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	-
PE Ratio	-
Tobin's Q Ratio	1.09
Tobin's Q Ratio (excl. intangibles)	1.09
Dividend Yield	6.30	%
Market-to-Book Ratio	1.03
Price-to-Pre-Tax Profit PS	-216.21
Price-to-Retained Profit PS	-17.64
Price-to-Cash Flow PS	-14.05
Price-to-Sales PS	181.44
Price-to-Net Tangible Asset Value PS	0.91
Price-to-Cash PS	2.98
Net Working Capital PS	22.12
Price Pct to Working Capital PS	2.87	%
Earnings Yield	-	%
Average PE	156.67
Years in average	1
PE to PE average	-	%

Proven Vct Financial Ratios

(Leverage Ratios)
Debt Ratio	-	%
Debt-to-Equity Ratio	-
Debt-to-Equity Ratio (excl. Intgbl)	-
Debt-to-Equity Market Value	-
Net Gearing	-33.28	%
Net Gearing (excl. Intangibles)	-33.28	%
Gross Gearing	0.88	%
Gross Gearing (excl. Intangibles)	0.88	%
Gearing Under 1 Year	0.88	%
Gearing Under 1 Year (excl. Intgbl)	0.88	%
Assets/Equity	1.01
Cash/Equity	34.46
(Liquidity Ratios)
Net Working Capital to Total Assets	35.50	%
Current Ratio	41.49
Quick Ratio (Acid Test)	41.49
Liquidity Ratio	38.96
Cash & Equiv/Current Assets	93.91	%
(Solvency Ratios)
Enterprise Value	72.01	m
CFO/Sales	-12.92
CFO/Attributable Profit	-
CFO/Assets	-0.07
CFO/Debt	-8.27
Total Debt/Equity Market Value	0.01
Total Debt/Sales	1.56
Total Debt/Pre-Tax Profit	-1.86
Total Debt	0.93	m
Total Debt/Net Current Assets	0.02	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-30.66	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	9

Beta (60-Mnth)	Beta (36-Mnth)
0.0080	0.0272

Proven Vct Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	-0.48	%
Return On Assets (ROA)	-0.50	%
Net Profit Margin	-83.92	%
Assets Turnover	0.01
Return On Equity (ROE)	-0.48	%
Return On Investment (ROI)	-0.52	%
Dividend Payout Ratio	-	%
Plowback Ratio	100.00	%
Growth from Plowback Ratio	-	%
Net Income Of Revenues	-1,028.48	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.01
Fixed Assets Turnover	0.01
Current Assets Turnover	0.02
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	166.50
Debtors-to-Sales	321.02	%
Debt Collection Period	1,171.73	Days

Proven Vct Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
02 Jul 2020	Final	GBX	2.00	01/03/2019	29/02/2020	06/08/2020	07/08/2020	28/08/2020	4.00
05 Nov 2019	Interim	GBX	2.00	03/03/2019	31/08/2019	14/11/2019	15/11/2019	06/12/2019	-
31 May 2019	Final	GBX	2.50	28/02/2018	28/02/2019	20/06/2019	21/06/2019	19/07/2019	27.75
24 Oct 2018	Special	GBX	25.25	03/03/2018	31/08/2018	01/11/2018	02/11/2018	30/11/2018	-
06 Jun 2018	Final	GBX	2.50	28/02/2017	28/02/2018	21/06/2018	22/06/2018	20/07/2018	9.50
11 Oct 2017	Interim	GBX	7.00	03/03/2017	31/08/2017	19/10/2017	20/10/2017	17/11/2017	-
07 Jun 2017	Final	GBX	2.50	28/02/2016	28/02/2017	15/06/2017	16/06/2017	14/07/2017	5.00
09 Nov 2016	Interim	GBX	2.50	02/03/2016	31/08/2016	17/11/2016	18/11/2016	16/12/2016	-
02 Jun 2016	Final	GBX	4.00	01/03/2015	29/02/2016	16/06/2016	17/06/2016	15/07/2016	3.50
12 Oct 2015	Interim	GBX	2.50	01/03/2015	29/02/2016	22/10/2015	23/10/2015	20/11/2015	-
19 Jun 2015	Final	GBX	2.50	28/02/2014	28/02/2015	02/07/2015	03/07/2015	31/07/2015	5.00
14 Oct 2014	Interim	GBX	2.50	28/02/2014	28/02/2015	30/10/2014	31/10/2014	21/11/2014	-
19 Jun 2014	Final	GBX	2.50	28/02/2013	28/02/2014	25/06/2014	27/06/2014	25/07/2014	7.50
17 Jan 2014	Special	GBX	2.50	28/02/2013	28/02/2014	05/03/2014	07/03/2014	28/03/2014	-
16 Oct 2013	Interim	GBX	2.50	03/03/2013	31/08/2013	23/10/2013	25/10/2013	15/11/2013	-
27 Jun 2013	Final	GBX	5.00	28/02/2012	28/02/2013	03/07/2013	05/07/2013	02/08/2013	5.00
27 Oct 2011	Interim	GBX	6.25	28/02/2011	28/02/2012	04/01/2012	06/01/2012	02/02/2012	6.25
15 Feb 2011	Final	GBX	6.25	28/02/2010	28/02/2011	01/06/2011	03/06/2011	29/07/2011	6.25
30 Jun 2010	Final	GBX	8.00	01/03/2009	01/03/2010	21/07/2010	23/07/2010	27/08/2010	8.00
09 Oct 2008	Interim	GBX	14.50	02/03/2008	31/08/2008	15/10/2008	17/10/2008	31/10/2008	-
19 Jun 2008	Final	GBX	1.25	01/03/2007	29/02/2008	02/07/2008	04/07/2008	22/07/2008	9.75
15 Mar 2007	Final	GBX	-	28/02/2006	28/02/2007	-	-	-	15.00
15 Mar 2007	Interim	GBX	15.00	28/02/2006	28/02/2007	21/03/2007	23/03/2007	05/04/2007	-
17 Oct 2006	Special	GBX	31.00	03/03/2006	31/08/2006	01/11/2006	03/11/2006	07/12/2006	-
24 May 2006	Final	GBX	2.00	28/02/2005	28/02/2006	14/06/2006	16/06/2006	14/07/2006	5.00
30 Sep 2005	Interim	GBX	3.00	03/03/2005	31/08/2005	12/10/2005	14/10/2005	04/11/2005	-
03 Jun 2005	Final	GBX	3.50	28/02/2004	28/02/2005	08/06/2005	10/06/2005	06/07/2005	6.50
29 Oct 2004	Interim	GBX	3.00	02/03/2004	31/08/2004	17/11/2004	19/11/2004	30/11/2004	-
16 May 2003	Final	GBX	-	28/02/2002	28/02/2003	-	-	-	1.00
18 Oct 2002	Interim	GBX	1.00	03/03/2002	31/08/2002	29/10/2002	01/11/2002	29/11/2002	-
16 May 2002	Final	GBX	1.30	28/02/2001	28/02/2002	03/07/2002	05/07/2002	08/07/2002	1.30
18 Oct 2001	Interim	GBX	1.00	03/03/2001	31/08/2001	24/10/2001	26/10/2001	26/11/2001	-
16 May 2001	Final	GBX	2.40	28/02/2000	28/02/2001	30/05/2001	01/06/2001	29/06/2001	2.40

Proven Vct Fundamentals

	28 Feb 2017 (GBP)		28 Feb 2018 (GBP)		28 Feb 2019 (GBP)		29 Feb 2020 (GBP)
turnover	0.95	-	0.53	-	0.41	-	0.60	-	m
pre tax profit	0.03	-	-0.59	-	-0.66	-	-0.50	-	m
attributable profit	0.03	-	-0.59	-	-0.66	-	-0.50	-	m
retained profit	-5.49	-	-8.60	-	-24.54	-	-6.14	-	m
eps - basic (p)	-		-0.60		-0.60		-0.20
eps - diluted (p)	-		-0.60		-0.60		-0.20
dividends per share	5.00		9.50		27.75		4.00

Proven Vct Balance Sheet

	28 Feb 2017 (GBP)		28 Feb 2018 (GBP)		28 Feb 2019 (GBP)		29 Feb 2020 (GBP)


	28 Feb 2017 (GBP)		28 Feb 2018 (GBP)		28 Feb 2019 (GBP)		29 Feb 2020 (GBP)
ASSETS
fixed assets	-	-%	-	-%	-	-%	-	-%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	72.22	68.12%	73.84	71.63%	71.13	76.89%	67.63	63.62%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	0.59	0.56%	0.57	0.56%	1.48	1.60%	2.36	2.22%	m
cash & securities	33.21	31.32%	28.67	27.81%	19.90	21.51%	36.31	34.16%	m

TOTAL	106.02	100%	103.09	100%	92.51	100%	106.29	100%	m

LIABILITIES
creditors - short	1.28	1.21%	1.55	1.51%	6.17	6.67%	0.93	0.88%	m
creditors - long	-	-%	-	-%	-	-%	-	-%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	1.28	1.21%	1.55	1.51%	6.17	6.67%	0.93	0.88%	m

EQUITY
ord cap, reserves	104.74	98.79%	101.53	98.49%	86.34	93.33%	105.36	99.12%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	104.74	98.79%	101.53	98.49%	86.34	93.33%	105.36	99.12%	m

OTHER
NAV Basic	106.30		99.70		82.20		70.10
NAV Diluted	106.30		99.70		82.20		70.10

Proven Vct Cash Flow Statement

	28 Feb 2017 (GBP)	28 Feb 2018 (GBP)	28 Feb 2019 (GBP)	29 Feb 2020 (GBP)
Operating CF	-4.14	-2.94	-3.58	-7.71	m
Pre-Financing CF	-0.45	1.59	16.53	-14.79	m
Retained CF	5.46	-4.54	-8.77	16.41	m

Proven Vct Brokers

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