Staffline (STAF)

Company name:	Staffline Group Plc
EPIC:	STAF	Trading Currency:	GBX
Market Sector:	ASM7	ISIN:	GB00B040L800
Market Segment:	AMSM	Share Type:	DE
WWW Address:	https://www.staffline.co.uk/	Description:	ORD 10P
Industry Sector:	SUPPORT SERVICES

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
34.00	-1.0 [-2.86]	33.00	34.50	35.00	35.00	34.00	198,150
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
56.02	164.75	0.27	1.00	-	34.00	-	68.00 - 31.50

Staffline Key Figures

(at previous day's close)
Market Cap.	56.02	m
Shares In Issue	164.75	m
Prev. Close	35.00
PE Ratio	34.00
Dividend Yield	-	%
EPS - basic	1.00	p
Dividend PS	-	p
Dividend Cover	-
Cash Flow PS	-13.90	p
Return On Equity (ROE)	1.76	%
Operating Margin	-0.01	%
PEG Factor	0.34
EPS Growth Rate	101.40	%
Dividends PS Growth Rate	-	%
Net Debt	137.80	m
Gross Gearing	71.08	%
Quick Assets	151.70	m
Net Working Capital	-8.20	m
Intangibles / Fixed Assets	90.49	%
Turnover PS	572.19	p
Pre-Tax Profit PS	-0.06	p
Retained Profit PS	0.73	p
Cash PS	18.09	p
Net Cash PS	-78.97	p
Net Tangible Asset Value PS *	-4.80	p
Net Asset Value PS	41.40	p
Spread	1.50 (4.35%)
* 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.

Staffline Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	36.50	32.00
4 weeks	36.50	31.50
12 weeks	45.00	31.50
1 year	68.00	31.50

Share Price Chart (5 years)

Staffline Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	32.50	1.50	4.62	32.00	0.36		34.06
4 weeks	36.00	-2.00	-5.56	31.50	0.25		33.75
12 weeks	39.25	-5.25	-13.38	31.50	0.12		35.47
26 weeks	43.00	-9.00	-20.93	31.50	0.13		38.78
1 year	55.40	-21.40	-38.63	31.50	0.16		46.90
3 years	68.00	-34.00	-50.00	16.02	0.33		48.42
5 years	1,034.00	-1,000.00	-96.71	16.02	0.28		139.01
† periods calculated are whole weeks rather than calendar months

Staffline Key Management Ratios

Staffline Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	-
PE Ratio	34.00
Tobin's Q Ratio	0.24
Tobin's Q Ratio (excl. intangibles)	0.37
Dividend Yield	-	%
Market-to-Book Ratio	0.82
Price-to-Pre-Tax Profit PS	-560.16
Price-to-Retained Profit PS	46.68
Price-to-Cash Flow PS	-2.45
Price-to-Sales PS	0.06
Price-to-Net Tangible Asset Value PS	-7.09
Price-to-Cash PS	1.88
Net Working Capital PS	-4.98
Price Pct to Working Capital PS	-6.83	%
Earnings Yield	2.94	%
Average PE	38.98
Years in average	2
PE to PE average	87.22	%

Staffline Financial Ratios

(Leverage Ratios)
Debt Ratio	10.14	%
Debt-to-Equity Ratio	0.11
Debt-to-Equity Ratio (excl. Intgbl)	-0.97
Debt-to-Equity Market Value	0.14
Net Gearing	58.44	%
Net Gearing (excl. Intangibles)	86.29	%
Gross Gearing	71.08	%
Gross Gearing (excl. Intangibles)	104.95	%
Gearing Under 1 Year	67.81	%
Gearing Under 1 Year (excl. Intgbl)	100.13	%
Assets/Equity	3.46
Cash/Equity	43.70
(Liquidity Ratios)
Net Working Capital to Total Assets	-3.48	%
Current Ratio	0.95
Quick Ratio (Acid Test)	0.95
Liquidity Ratio	0.19
Cash & Equiv/Current Assets	19.64	%
(Solvency Ratios)
Enterprise Value	33.92	m
CFO/Sales	-0.02
CFO/Attributable Profit	-
CFO/Assets	-0.10
CFO/Debt	-0.14
Total Debt/Equity Market Value	2.99
Total Debt/Sales	0.18
Total Debt/Pre-Tax Profit	-1,676.00
Total Debt	167.60	m
Total Debt/Net Current Assets	-20.44	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	5

Beta (60-Mnth)	Beta (36-Mnth)
0.2688	0.0318

Staffline Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	-0.13	%
Return On Assets (ROA)	0.52	%
Net Profit Margin	0.13	%
Assets Turnover	4.05
Return On Equity (ROE)	1.76	%
Return On Investment (ROI)	1.79	%
Dividend Payout Ratio	-	%
Plowback Ratio	100.00	%
Growth from Plowback Ratio	2.65	%
Net Income Of Revenues	0.13	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	20.86
Fixed Assets Turnover	10.62
Current Assets Turnover	6.55
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	0.25
Debtors-to-Sales	12.32	%
Debt Collection Period	44.97	Days

Staffline Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
24 Jul 2018	Interim	GBX	11.30	31/12/2017	31/12/2018	11/10/2018	12/10/2018	13/11/2018	11.30
24 Jan 2018	Final	GBX	15.70	31/12/2016	31/12/2017	31/05/2018	01/06/2018	03/07/2018	26.70
26 Jul 2017	Interim	GBX	11.00	31/12/2016	31/12/2017	12/10/2017	13/10/2017	14/11/2017	-
26 Jan 2017	Final	GBX	15.30	31/12/2015	31/12/2016	01/06/2017	02/06/2017	04/07/2017	25.80
27 Jul 2016	Interim	GBX	10.50	31/12/2015	31/12/2016	13/10/2016	14/10/2016	15/11/2016	-
27 Jan 2016	Final	GBX	12.50	31/12/2014	31/12/2015	02/06/2016	03/06/2016	05/07/2016	20.00
22 Jul 2015	Interim	GBX	7.50	31/12/2014	31/12/2015	15/10/2015	16/10/2015	13/11/2015	-
28 Jan 2015	Final	GBX	8.50	31/12/2013	31/12/2014	04/06/2015	05/06/2015	06/07/2015	13.50
23 Jul 2014	Interim	GBX	5.00	31/12/2013	31/12/2014	15/10/2014	17/10/2014	14/11/2014	-
29 Jan 2014	Final	GBX	6.20	31/12/2012	31/12/2013	04/06/2014	06/06/2014	04/07/2014	10.00
04 Sep 2013	Interim	GBX	3.80	31/12/2012	31/12/2013	16/10/2013	18/10/2013	15/11/2013	-
25 Feb 2013	Final	GBX	5.00	31/12/2011	31/12/2012	29/05/2013	31/05/2013	03/07/2013	8.10
03 Sep 2012	Interim	GBX	3.10	31/12/2011	31/12/2012	03/10/2012	05/10/2012	09/11/2012	-
05 Sep 2012	Interim	GBX	2.90	31/12/2010	31/12/2011	12/10/2011	14/10/2011	11/11/2011	-
27 Feb 2012	Final	GBX	4.20	31/12/2010	31/12/2011	30/05/2012	01/06/2012	04/07/2012	7.10
28 Feb 2011	Final	GBX	3.80	31/12/2009	31/12/2010	01/06/2011	03/06/2011	06/07/2011	6.20
06 Sep 2010	Interim	GBX	2.40	31/12/2009	31/12/2010	13/10/2010	15/10/2010	12/11/2010	-
02 Mar 2010	Final	GBX	1.70	31/12/2008	31/12/2009	02/06/2010	04/06/2010	07/07/2010	3.10
08 Sep 2009	Interim	GBX	1.40	30/12/2008	30/06/2009	21/10/2009	23/10/2009	18/11/2009	-
03 Mar 2009	Final	GBX	1.50	31/12/2007	31/12/2008	03/06/2009	06/06/2009	08/07/2009	2.90
02 Sep 2008	Interim	GBX	1.40	30/12/2007	30/06/2008	22/10/2008	24/10/2008	21/11/2008	-
08 Mar 2008	Final	GBX	2.50	31/12/2006	31/12/2007	04/06/2008	06/06/2008	04/07/2008	3.80
19 Mar 2007	Final	GBX	1.70	31/12/2005	31/12/2006	06/06/2007	08/06/2007	05/07/2007	2.70
06 Sep 2006	Interim	GBX	1.00	30/12/2005	30/06/2006	18/10/2006	20/10/2006	17/11/2006	-
01 Mar 2006	Final	GBX	1.20	31/12/2004	31/12/2005	31/05/2006	02/06/2006	04/07/2006	1.90
06 Sep 2005	Interim	GBX	0.70	30/12/2004	30/06/2005	19/10/2005	21/10/2005	18/11/2005	-

Staffline Fundamentals

	31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)		31 Dec 2021 (GBP)
turnover	1,127.50	100.00%	1,076.70	100.00%	927.60	100.00%	942.70	100.00%	m
pre tax profit	-9.60	-0.85%	-48.10	-4.47%	-51.60	-5.56%	-0.10	-0.01%	m
attributable profit	-9.00	-0.80%	-44.00	-4.09%	-52.70	-5.68%	1.20	0.13%	m
retained profit	-16.10	-1.43%	-44.00	-4.09%	-52.70	-5.68%	1.20	0.13%	m
eps - basic (p)	-32.50		-96.30		-71.50		1.00
eps - diluted (p)	-32.50		-96.30		-71.50		1.00
dividends per share	11.30		-		-		-

Staffline 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	8.60	2.50%	14.60	4.56%	9.60	4.18%	8.00	3.39%	m
intangibles	159.20	46.36%	128.90	40.24%	83.90	36.51%	76.10	32.27%	m
fixed investments	0.80	0.23%	-	-%	-	-%	-	-%	m
current assets - other	-	-%	-	-%	-	-%	0.50	0.21%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	158.60	46.19%	139.10	43.43%	110.90	48.26%	121.40	51.48%	m
cash & securities	16.20	4.72%	37.70	11.77%	25.40	11.05%	29.80	12.64%	m

TOTAL	343.40	100%	320.30	100%	229.80	100%	235.80	100%	m

LIABILITIES
creditors - short	143.90	41.90%	152.10	47.49%	171.70	74.72%	159.90	67.81%	m
creditors - long	108.50	31.60%	92.40	28.85%	35.90	15.62%	7.70	3.27%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	252.40	73.50%	244.50	76.33%	207.60	90.34%	167.60	71.08%	m

EQUITY
ord cap, reserves	91.00	26.50%	75.80	23.67%	22.20	9.66%	68.20	28.92%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	91.00	26.50%	75.80	23.67%	22.20	9.66%	68.20	28.92%	m

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

Staffline Cash Flow Statement

	31 Dec 2018 (GBP)	31 Dec 2019 (GBP)	31 Dec 2020 (GBP)	31 Dec 2021 (GBP)
Operating CF	0.30	-4.60	65.30	-22.90	m
Pre-Financing CF	-35.70	-11.80	62.60	-27.40	m
Retained CF	-15.10	2.40	5.90	5.30	m

Staffline Brokers

Name	Activity	Type	Mnemonic	Code
Altium Capital Limited	Market Maker(MMF)	Broker/Dealer	ALTI	APCFGB21
Shore Capital Stockbrokers Ltd	Market Maker(MMF)	Broker/Dealer	SCAP	SHOCGB21
Winterflood Securities Ltd	Market Maker(MMF)	Broker/Dealer	WINS	WNTSGB2LBIC