Somero Enterprise (SOM)

Company name:	Somero Enterprise Inc.
EPIC:	SOM	Trading Currency:	GBX
Market Sector:	AMQ1	ISIN:
Market Segment:	ASQ1	Share Type:	DE
WWW Address:	http://www.somero.com/	Description:	COM STK USD0.001 (DI)
Industry Sector:	INDUSTRIAL ENGINEERING

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
343.00	3.0 [0.88]	340.00	350.00	337.50	345.00	337.50	50,545
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
192.60	56.15	0.16	27.23	14.14	12.60	4.12	345.00 - 145.00

Somero Enterprise Key Figures

(at previous day's close)
Market Cap.	192.60	m
Shares In Issue	56.15	m
Prev. Close	340.00
PE Ratio	12.60
Dividend Yield	4.12	%
EPS - basic	27.23	p
Dividend PS	14.14	p
Dividend Cover	-
Cash Flow PS	25.31	p
Return On Equity (ROE)	35.76	%
Operating Margin	30.28	%
PEG Factor	-4.79
EPS Growth Rate	-2.63	%
Dividends PS Growth Rate	-1.32	%
Net Debt	-8.49	m
Gross Gearing	17.46	%
Quick Assets	29.03	m
Net Working Capital	31.01	m
Intangibles / Fixed Assets	32.64	%
Turnover PS	119.92	p
Pre-Tax Profit PS	36.31	p
Retained Profit PS	4.93	p
Cash PS	31.90	p
Net Cash PS	18.93	p
Net Tangible Asset Value PS *	70.19	p
Net Asset Value PS	79.28	p
Spread	10.00 (2.86%)
* 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.

Somero Enterprise Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	345.00	307.00
4 weeks	345.00	290.00
12 weeks	345.00	227.50
1 year	345.00	145.00

Share Price Chart (5 years)

Somero Enterprise Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	307.50	35.50	11.54	307.00	0.13		323.11
4 weeks	297.50	45.50	15.29	290.00	0.08		313.57
12 weeks	235.00	108.00	45.96	227.50	0.08		277.47
26 weeks	225.00	118.00	52.44	205.00	0.11		254.51
1 year	259.00	84.00	32.43	145.00	0.14		231.98
3 years	365.00	-22.00	-6.03	145.00	0.13		283.69
5 years	138.50	204.50	147.65	128.50	0.14		251.89
† periods calculated are whole weeks rather than calendar months

Somero Enterprise Key Management Ratios

Somero Enterprise Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	3.62
PE Ratio	12.60
Tobin's Q Ratio	2.78
Tobin's Q Ratio (excl. intangibles)	2.99
Dividend Yield	4.12	%
Market-to-Book Ratio	4.33
Price-to-Pre-Tax Profit PS	9.45
Price-to-Retained Profit PS	69.64
Price-to-Cash Flow PS	13.55
Price-to-Sales PS	2.86
Price-to-Net Tangible Asset Value PS	4.89
Price-to-Cash PS	10.75
Net Working Capital PS	55.22
Price Pct to Working Capital PS	6.21	%
Earnings Yield	7.94	%
Average PE	7.82
Years in average	5
PE to PE average	161.00	%

Somero Enterprise Financial Ratios

(Leverage Ratios)
Debt Ratio	4.58	%
Debt-to-Equity Ratio	0.05
Debt-to-Equity Ratio (excl. Intgbl)	0.05
Debt-to-Equity Market Value	0.01
Net Gearing	-15.75	%
Net Gearing (excl. Intangibles)	-17.40	%
Gross Gearing	17.46	%
Gross Gearing (excl. Intangibles)	19.29	%
Gearing Under 1 Year	13.50	%
Gearing Under 1 Year (excl. Intgbl)	14.92	%
Assets/Equity	1.21
Cash/Equity	40.24
(Liquidity Ratios)
Net Working Capital to Total Assets	57.49	%
Current Ratio	5.26
Quick Ratio (Acid Test)	3.98
Liquidity Ratio	2.46
Cash & Equiv/Current Assets	46.78	%
(Solvency Ratios)
Enterprise Value	176.82	m
CFO/Sales	0.21
CFO/Attributable Profit	0.89
CFO/Assets	0.26
CFO/Debt	1.51
Total Debt/Equity Market Value	0.05
Total Debt/Sales	0.14
Total Debt/Pre-Tax Profit	0.46
Total Debt	9.42	m
Total Debt/Net Current Assets	0.30	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	3.89	%
5 yr Compound Earnings Growth	11.99	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	4

Beta (60-Mnth)	Beta (36-Mnth)
0.1613	0.1317

Somero Enterprise Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	43.70	%
Return On Assets (ROA)	22.97	%
Net Profit Margin	23.64	%
Assets Turnover	0.97
Return On Equity (ROE)	35.76	%
Return On Investment (ROI)	27.12	%
Dividend Payout Ratio	50.68	%
Plowback Ratio	49.32	%
Growth from Plowback Ratio	13.76	%
Net Income Of Revenues	4.11	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	1.18
Fixed Assets Turnover	3.76
Current Assets Turnover	1.31
Net Working Capital Turnover
Inventory Turnover	5.83
(Other Operating Ratios)
Total Assets-to-Sales	1.03
Debtors-to-Sales	19.43	%
Debt Collection Period	70.91	Days

Somero Enterprise Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
09 Sep 2020	Interim	USX	4.00	30/12/2019	30/06/2020	24/09/2020	25/09/2020	15/10/2020	-
11 Mar 2020	Final	USX	13.00	31/12/2018	31/12/2019	13/04/2020	14/04/2020	30/04/2020	18.75
11 Mar 2020	Special	USX	7.70	31/12/2018	31/12/2019	13/04/2020	14/04/2020	30/04/2020	-
09 Sep 2019	Interim	USX	5.75	30/12/2018	30/06/2019	26/09/2019	27/09/2019	17/10/2019	-
13 Mar 2019	Special	USX	11.70	31/12/2017	31/12/2018	04/04/2019	05/04/2019	26/04/2019	-
13 Mar 2019	Final	USX	13.50	31/12/2017	31/12/2018	04/04/2019	05/04/2019	26/04/2019	19.00
05 Sep 2018	Interim	USX	5.50	30/12/2017	30/06/2018	27/09/2018	28/09/2018	17/10/2018	-
14 Mar 2018	Final	USX	12.75	31/12/2016	31/12/2017	02/04/2018	03/04/2018	20/04/2018	15.50
14 Mar 2018	Special	USX	3.60	31/12/2016	31/12/2017	02/04/2018	03/04/2018	20/04/2018	-
06 Sep 2017	Interim	USX	2.75	30/12/2016	30/06/2017	28/09/2017	29/09/2017	18/10/2017	-
15 Mar 2017	Final	USX	8.60	31/12/2015	31/12/2016	30/03/2017	31/03/2017	17/04/2017	11.10
06 Sep 2016	Interim	USX	2.50	30/12/2015	30/06/2016	29/09/2016	30/09/2016	19/10/2016	-
01 Mar 2016	Final	USX	5.00	31/12/2014	31/12/2015	17/03/2016	18/03/2016	04/04/2016	6.90
08 Sep 2015	Interim	USX	1.90	30/12/2014	30/06/2015	01/10/2015	02/10/2015	19/10/2015	-
07 Apr 2015	Final	USX	4.00	31/12/2013	31/12/2014	23/04/2015	24/04/2015	11/05/2015	5.50
08 Sep 2014	Interim	USX	1.50	30/12/2013	30/06/2014	01/10/2014	03/10/2014	20/10/2014	-
08 Apr 2014	Final	USX	1.30	31/12/2012	31/12/2013	23/04/2014	25/04/2014	12/05/2014	2.10
03 Sep 2013	Interim	USX	0.80	30/12/2012	30/06/2013	02/10/2013	04/10/2013	21/10/2013	-
09 Sep 2008	Interim	USX	3.00	30/12/2007	30/06/2008	17/09/2008	19/09/2008	06/10/2008	3.00
16 Apr 2007	Final	USX	0.33	31/12/2005	31/12/2006	27/04/2007	30/04/2007	14/05/2007	0.33

Somero Enterprise Fundamentals

	31 Dec 2016 (USD)		31 Dec 2017 (USD)		31 Dec 2018 (USD)		31 Dec 2019 (USD)
turnover	79.35	100.00%	85.63	100.00%	94.00	100.00%	89.31	100.00%	m
pre tax profit	21.28	26.81%	25.74	30.06%	29.07	30.93%	27.04	30.28%	m
attributable profit	14.26	17.97%	18.42	21.51%	21.54	22.92%	21.11	23.64%	m
retained profit	10.05	12.66%	4.55	5.32%	9.25	9.84%	3.67	4.11%	m
eps - basic	25.00		33.00		38.00		37.00
eps - diluted	25.00		33.00		38.00		37.00
dividends per share	11.10		15.50		19.00		18.75

Somero Enterprise 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	11.56	20.04%	12.31	21.07%	12.00	17.89%	13.71	19.17%	m
intangibles	3.78	6.55%	2.88	4.93%	2.88	4.29%	6.77	9.47%	m
fixed investments	0.03	0.05%	0.27	0.46%	0.23	0.34%	0.26	0.36%	m
current assets - other	2.43	4.21%	2.54	4.35%	1.50	2.24%	-	-%	m
stocks	8.76	15.19%	8.70	14.89%	10.81	16.12%	12.29	17.18%	m
debtors	9.92	17.19%	12.68	21.70%	11.43	17.04%	14.74	20.60%	m
cash & securities	21.22	36.78%	19.04	32.60%	28.23	42.09%	23.76	33.21%	m

TOTAL	57.69	100%	58.40	100%	67.08	100%	71.53	100%	m

LIABILITIES
creditors - short	8.32	14.43%	10.00	17.12%	11.55	17.22%	9.66	13.50%	m
creditors - long	-	-%	-	-%	-	-%	-	-%	m
creditors - other	1.19	2.07%	0.51	0.88%	0.43	0.64%	2.83	3.96%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	9.52	16.50%	10.51	18.00%	11.98	17.86%	12.49	17.46%	m

EQUITY
ord cap, reserves	48.17	83.50%	47.89	82.00%	55.10	82.14%	59.04	82.54%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	48.17	83.50%	47.89	82.00%	55.10	82.14%	59.04	82.54%	m

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

Somero Enterprise Cash Flow Statement

	31 Dec 2016 (USD)	31 Dec 2017 (USD)	31 Dec 2018 (USD)	31 Dec 2019 (USD)
Operating CF	16.94	19.82	23.84	18.85	m
Pre-Financing CF	12.58	18.06	23.09	13.63	m
Retained CF	7.51	-2.18	9.20	-4.48	m

Somero Enterprise Brokers

Name	Activity	Type	Mnemonic	Code
Collins Stewart Europe Limited	Market Maker(MMF)	Broker/Dealer	CSCS	CSTEGB21
Evolution Securities Limited	Market Maker(MMF)	Broker/Dealer	EVO	EVBGGB21MMT
Jefferies International Ltd	Market Maker(MMF)	Broker/Dealer	JEFF	JEFFGB2X
Liberum Capital Limited	Market Maker(MMF)	Broker/Dealer	LIBC	LCAPGB21
Winterflood Securities Ltd	Market Maker(MMF)	Broker/Dealer	WINS	WNTSGB2LBIC