Rm Infrastructure Income (RMII)

Company name:	Rm Infrastructure Income Plc
EPIC:	RMII	Trading Currency:	GBX
Market Sector:	SQQ3	ISIN:	GB00BYMTBG55
Market Segment:	SSQ3	Share Type:	DE
WWW Address:	https://rm-funds.co.uk/rm-infrastructure-income/	Description:	ORD 1P
Industry Sector:	GENERAL FINANCIAL

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
91.25	0.0 [0.00]	90.00	92.50	-	-	-	-
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
107.62	117.94	0.02	6.56	6.50	13.91	7.12	95.00 - 87.50

Rm Infrastructure Income Key Figures

(at previous day's close)
Market Cap.	107.62	m
Shares In Issue	117.94	m
Prev. Close	91.25
PE Ratio	13.91
Dividend Yield	7.12	%
EPS - basic	6.56	p
Dividend PS	6.50	p
Dividend Cover	1.01
Cash Flow PS	5.29	p
Return On Equity (ROE)	6.96	%
Operating Margin	69.47	%
PEG Factor	1.20
EPS Growth Rate	11.56	%
Dividends PS Growth Rate	-	%
Net Debt	18.11	m
Gross Gearing	16.14	%
Quick Assets	5.99	m
Net Working Capital	-15.42	m
Intangibles / Fixed Assets	-	%
Turnover PS	9.47	p
Pre-Tax Profit PS	6.58	p
Retained Profit PS	0.06	p
Cash PS	2.81	p
Net Cash PS	-15.35	p
Net Tangible Asset Value PS *	94.32	p
Net Asset Value PS	94.41	p
Spread	2.50 (2.70%)
* 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.

Rm Infrastructure Income Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	91.25	91.25
4 weeks	92.00	90.00
12 weeks	94.25	90.00
1 year	95.00	87.50

Share Price Chart (5 years)

Rm Infrastructure Income Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	91.25	-	-	91.25	0.07		91.25
4 weeks	91.50	-0.25	-0.27	90.00	0.07		91.52
12 weeks	92.75	-1.50	-1.62	90.00	0.11		92.11
26 weeks	94.50	-3.25	-3.44	87.50	0.11		92.16
1 year	90.00	1.25	1.39	87.50	0.22		90.48
3 years	101.50	-10.25	-10.10	65.00	0.13		89.24
5 years	102.00	-10.75	-10.54	65.00	0.10		91.66
† periods calculated are whole weeks rather than calendar months

Rm Infrastructure Income Key Management Ratios

Rm Infrastructure Income Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	2.78
PE Ratio	13.91
Tobin's Q Ratio	0.80
Tobin's Q Ratio (excl. intangibles)	0.80
Dividend Yield	7.12	%
Market-to-Book Ratio	0.97
Price-to-Pre-Tax Profit PS	13.88
Price-to-Retained Profit PS	1,474.31
Price-to-Cash Flow PS	17.25
Price-to-Sales PS	9.64
Price-to-Net Tangible Asset Value PS	0.97
Price-to-Cash PS	32.51
Net Working Capital PS	-13.08
Price Pct to Working Capital PS	-6.98	%
Earnings Yield	7.19	%
Average PE	15.74
Years in average	5
PE to PE average	88.36	%

Rm Infrastructure Income Financial Ratios

(Leverage Ratios)
Debt Ratio	-	%
Debt-to-Equity Ratio	-
Debt-to-Equity Ratio (excl. Intgbl)	-
Debt-to-Equity Market Value	-
Net Gearing	13.65	%
Net Gearing (excl. Intangibles)	13.65	%
Gross Gearing	16.14	%
Gross Gearing (excl. Intangibles)	16.14	%
Gearing Under 1 Year	16.14	%
Gearing Under 1 Year (excl. Intgbl)	16.14	%
Assets/Equity	1.19
Cash/Equity	2.98
(Liquidity Ratios)
Net Working Capital to Total Assets	-11.63	%
Current Ratio	0.28
Quick Ratio (Acid Test)	0.28
Liquidity Ratio	0.15
Cash & Equiv/Current Assets	55.22	%
(Solvency Ratios)
Enterprise Value	104.31	m
CFO/Sales	0.56
CFO/Attributable Profit	0.81
CFO/Assets	0.05
CFO/Debt	0.29
Total Debt/Equity Market Value	0.20
Total Debt/Sales	1.92
Total Debt/Pre-Tax Profit	2.76
Total Debt	21.42	m
Total Debt/Net Current Assets	-1.39	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	8.56	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	1

Beta (60-Mnth)	Beta (36-Mnth)
0.0217	0.0191

Rm Infrastructure Income Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	6.97	%
Return On Assets (ROA)	5.77	%
Net Profit Margin	69.35	%
Assets Turnover	0.08
Return On Equity (ROE)	6.96	%
Return On Investment (ROI)	6.99	%
Dividend Payout Ratio	99.09	%
Plowback Ratio	0.91	%
Growth from Plowback Ratio	0.06	%
Net Income Of Revenues	0.65	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.10
Fixed Assets Turnover	0.09
Current Assets Turnover	1.19
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	12.01
Debtors-to-Sales	22.04	%
Debt Collection Period	80.43	Days

Rm Infrastructure Income Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
25 May 2022	Interim	GBX	1.62	01/12/2021	31/03/2022	01/06/2022	06/06/2022	24/06/2022	-
22 Feb 2022	Interim	GBX	1.63	31/12/2020	31/12/2021	03/03/2022	04/03/2022	25/03/2022	6.50
02 Nov 2021	Interim	GBX	1.62	30/05/2021	30/09/2021	02/12/2021	03/12/2021	30/12/2021	-
06 Aug 2021	Interim	GBX	1.63	30/12/2020	30/06/2021	02/09/2021	03/09/2021	24/09/2021	-
26 May 2021	Interim	GBX	1.62	01/12/2020	31/03/2021	03/06/2021	04/06/2021	25/06/2021	-
25 Feb 2021	Interim	GBX	1.63	31/12/2019	31/12/2020	04/03/2021	05/03/2021	26/03/2021	6.50
02 Nov 2020	Interim	GBX	1.62	30/05/2020	30/09/2020	03/12/2020	04/12/2020	30/12/2020	-
05 Aug 2020	Interim	GBX	1.63	30/12/2019	30/06/2020	03/09/2020	04/09/2020	25/09/2020	-
20 Apr 2020	Interim	GBX	1.62	01/12/2019	31/03/2020	04/06/2020	05/06/2020	26/06/2020	-
25 Feb 2020	Interim	GBX	1.63	31/12/2018	31/12/2019	05/03/2020	06/03/2020	27/03/2020	7.03
25 Feb 2020	Special	GBX	0.08	31/12/2018	31/12/2019	05/03/2020	06/03/2020	27/03/2020	-
05 Nov 2019	Special	GBX	0.08	30/05/2019	30/09/2019	05/12/2019	06/12/2019	27/12/2019	-
05 Nov 2019	Interim	GBX	1.62	30/05/2019	30/09/2019	05/12/2019	06/12/2019	27/12/2019	-
07 Aug 2019	Interim	GBX	1.63	30/12/2018	30/06/2019	05/09/2019	06/09/2019	27/09/2019	-
01 May 2019	Special	GBX	0.38	01/12/2018	31/03/2019	06/06/2019	07/06/2019	28/06/2019	-
01 May 2019	Interim	GBX	1.62	01/12/2018	31/03/2019	06/06/2019	07/06/2019	28/06/2019	-
27 Feb 2019	Interim	GBX	1.63	31/12/2017	31/12/2018	07/03/2019	08/03/2019	29/03/2019	6.50
27 Nov 2018	Interim	GBX	1.62	30/05/2018	30/09/2018	06/12/2018	07/12/2018	28/12/2018	-
07 Aug 2018	Interim	GBX	1.63	30/12/2017	30/06/2018	16/08/2018	17/08/2018	14/09/2018	-
24 May 2018	Interim	GBX	1.62	01/12/2017	31/03/2018	07/06/2018	08/06/2018	29/06/2018	-
15 Feb 2018	Interim	GBX	2.00	31/12/2016	31/12/2017	22/02/2018	23/02/2018	23/03/2018	4.40
23 Nov 2017	Interim	GBX	1.80	30/05/2017	30/09/2017	30/11/2017	01/12/2017	29/12/2017	-
04 Aug 2017	Interim	GBX	0.20	30/12/2016	30/06/2017	17/08/2017	18/08/2017	15/09/2017	-
24 May 2017	Interim	GBX	0.20	01/12/2016	31/03/2017	01/06/2017	02/06/2017	30/06/2017	-

Rm Infrastructure Income Fundamentals

	31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)		31 Dec 2021 (GBP)
turnover	8.20	100.00%	12.54	100.00%	10.94	100.00%	11.16	100.00%	m
pre tax profit	5.95	72.53%	9.86	78.61%	7.39	67.51%	7.76	69.47%	m
attributable profit	5.91	72.08%	9.82	78.27%	7.11	64.96%	7.74	69.35%	m
retained profit	-1.84	-22.44%	2.07	16.47%	-0.85	-7.80%	0.07	0.65%	m
eps - basic (p)	6.83		8.85		5.88		6.56
eps - diluted (p)	6.83		8.85		5.88		6.56
dividends per share	6.50		7.03		6.50		6.50

Rm Infrastructure Income Balance Sheet

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


	31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)		31 Dec 2021 (GBP)
ASSETS
fixed assets	-	-%	-	-%	-	-%	-	-%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	102.58	90.52%	131.20	92.49%	122.71	90.59%	126.67	95.48%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	2.60	2.30%	2.27	1.60%	2.24	1.65%	2.68	2.02%	m
cash & securities	8.14	7.18%	8.39	5.91%	10.52	7.76%	3.31	2.49%	m

TOTAL	113.32	100%	141.86	100%	135.46	100%	132.67	100%	m

LIABILITIES
creditors - short	6.45	5.69%	10.79	7.60%	25.08	18.51%	21.42	16.14%	m
creditors - long	11.16	9.84%	11.54	8.14%	-	-%	-	-%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	17.60	15.53%	22.33	15.74%	25.08	18.51%	21.42	16.14%	m

EQUITY
ord cap, reserves	95.72	84.47%	119.53	84.26%	110.38	81.49%	111.25	83.86%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	95.72	84.47%	119.53	84.26%	110.38	81.49%	111.25	83.86%	m

OTHER
NAV Basic	96.98		97.79		-		94.41
NAV Diluted	96.98		97.79		-		94.41

Rm Infrastructure Income Cash Flow Statement

	31 Dec 2018 (GBP)	31 Dec 2019 (GBP)	31 Dec 2020 (GBP)	31 Dec 2021 (GBP)
Operating CF	5.66	9.31	5.54	6.24	m
Pre-Financing CF	-22.81	-14.87	-5.42	12.90	m
Retained CF	-7.30	0.25	-6.15	1.09	m

Rm Infrastructure Income Brokers

Broker infomation is not available for this class of stock.