Tex (TXH)

[ADVERT]

Company name:	Tex Holdings Plc
EPIC:	TXH	Trading Currency:	GBX
Market Sector:	SQS3	ISIN:	GB0008850470
Market Segment:	SSQ3	Share Type:	DE
WWW Address:	http://www.tex-holdings.co.uk/	Description:	ORD 10P
Industry Sector:	INDUSTRIAL ENGINEERING

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
73.00	0.0 [0.00]	-	-	-	-	-	-
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
60.36	82.68	0.03	-16.30	-	-	-	-

Tex Key Figures

(at previous day's close)
Market Cap.	60.36	m
Shares In Issue	82.68	m
Prev. Close	73.00
PE Ratio	-
Dividend Yield	-	%
EPS - basic	-16.30	p
Dividend PS	-	p
Dividend Cover	-
Cash Flow PS	1.12	p
Return On Equity (ROE)	-12.16	%
Operating Margin	-2.08	%
PEG Factor	-
EPS Growth Rate	-75.27	%
Dividends PS Growth Rate	-	%
Net Debt	24.71	m
Gross Gearing	75.11	%
Quick Assets	11.88	m
Net Working Capital	3.64	m
Intangibles / Fixed Assets	-	%
Turnover PS	52.10	p
Pre-Tax Profit PS	-1.08	p
Retained Profit PS	-1.25	p
Cash PS	1.23	p
Net Cash PS	-18.35	p
Net Tangible Asset Value PS *	10.31	p
Net Asset Value PS	10.31	p
Spread	- (-%)
* 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.

Tex Balance Sheet

Share Price Performance

Sorry No Data Available

Share Price Chart (5 years)

Tex Historic Returns

Sorry No Data Available

Tex Key Management Ratios

Tex Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	49.01
PE Ratio	-
Tobin's Q Ratio	1.99
Tobin's Q Ratio (excl. intangibles)	1.99
Dividend Yield	-	%
Market-to-Book Ratio	7.08
Price-to-Pre-Tax Profit PS	-67.29
Price-to-Retained Profit PS	-58.20
Price-to-Cash Flow PS	65.25
Price-to-Sales PS	1.40
Price-to-Net Tangible Asset Value PS	7.08
Price-to-Cash PS	59.35
Net Working Capital PS	4.40
Price Pct to Working Capital PS	16.60	%
Earnings Yield	-	%
Average PE	8.29
Years in average	3
PE to PE average	-	%

Tex Financial Ratios

(Leverage Ratios)
Debt Ratio	52.81	%
Debt-to-Equity Ratio	1.12
Debt-to-Equity Ratio (excl. Intgbl)	1.12
Debt-to-Equity Market Value	0.16
Net Gearing	72.14	%
Net Gearing (excl. Intangibles)	72.14	%
Gross Gearing	75.11	%
Gross Gearing (excl. Intangibles)	75.11	%
Gearing Under 1 Year	47.26	%
Gearing Under 1 Year (excl. Intgbl)	47.26	%
Assets/Equity	4.02
Cash/Equity	11.93
(Liquidity Ratios)
Net Working Capital to Total Assets	10.62	%
Current Ratio	1.22
Quick Ratio (Acid Test)	0.73
Liquidity Ratio	0.06
Cash & Equiv/Current Assets	5.13	%
(Solvency Ratios)
Enterprise Value	68.88	m
CFO/Sales	0.02
CFO/Attributable Profit	-
CFO/Assets	0.03
CFO/Debt	0.04
Total Debt/Equity Market Value	0.43
Total Debt/Sales	0.60
Total Debt/Pre-Tax Profit	-28.68
Total Debt	25.73	m
Total Debt/Net Current Assets	7.08	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	10

Beta (60-Mnth)	Beta (36-Mnth)
0.0343	0.0033

Tex Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	-4.97	%
Return On Assets (ROA)	-3.41	%
Net Profit Margin	-2.41	%
Assets Turnover	1.42
Return On Equity (ROE)	-12.16	%
Return On Investment (ROI)	-6.91	%
Dividend Payout Ratio	-	%
Plowback Ratio	100.00	%
Growth from Plowback Ratio	-	%
Net Income Of Revenues	-2.41	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	4.96
Fixed Assets Turnover	3.84
Current Assets Turnover	2.25
Net Working Capital Turnover
Inventory Turnover	5.31
(Other Operating Ratios)
Total Assets-to-Sales	0.71
Debtors-to-Sales	24.47	%
Debt Collection Period	89.32	Days

Tex Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
14 Aug 2018	Interim	GBX	2.50	31/12/2017	31/12/2018	13/09/2018	14/09/2018	05/10/2018	2.50
17 Apr 2018	Final	GBX	6.00	31/12/2016	31/12/2017	21/06/2018	22/06/2018	20/07/2018	8.50
15 Aug 2017	Interim	GBX	2.50	31/12/2016	31/12/2017	14/09/2017	15/09/2017	06/10/2017	-
11 Apr 2017	Final	GBX	6.00	31/12/2015	31/12/2016	22/06/2017	23/06/2017	21/07/2017	8.50
09 Aug 2016	Interim	GBX	2.50	31/12/2015	31/12/2016	15/09/2016	16/09/2016	07/10/2016	-
12 Apr 2016	Final	GBX	5.00	31/12/2015	31/12/2016	23/06/2016	24/06/2016	22/07/2016	22.00
05 Nov 2015	Special	GBX	15.00	31/12/2014	31/12/2015	12/11/2015	13/11/2015	24/11/2015	-
12 Aug 2015	Interim	GBX	2.00	31/12/2014	31/12/2015	10/09/2015	11/09/2015	06/10/2015	-
17 Apr 2015	Final	GBX	4.00	31/12/2013	31/12/2014	25/06/2015	26/06/2015	24/07/2015	6.00
06 Oct 2014	Interim	GBX	2.00	31/12/2013	31/12/2014	10/09/2014	12/09/2014	06/10/2014	-
19 Mar 2014	Final	GBX	2.50	31/12/2012	31/12/2013	18/06/2014	20/06/2014	18/07/2014	4.00
19 Aug 2013	Interim	GBX	1.50	31/12/2012	31/12/2013	11/09/2013	13/09/2013	07/10/2013	-
09 Apr 2013	Final	GBX	3.00	31/12/2011	31/12/2012	19/06/2013	21/06/2013	19/07/2013	4.50
23 Aug 2012	Interim	GBX	1.50	31/12/2011	31/12/2012	12/09/2012	14/09/2012	08/10/2012	-
27 Mar 2012	Final	GBX	2.50	31/12/2010	31/12/2011	20/06/2012	22/06/2012	20/07/2012	4.00
22 Aug 2011	Interim	GBX	1.50	31/12/2010	31/12/2011	14/09/2011	16/09/2011	10/10/2011	-
05 Apr 2011	Final	GBX	1.00	31/12/2009	31/12/2010	15/06/2011	17/06/2011	22/07/2011	2.00
24 Aug 2010	Interim	GBX	1.00	31/12/2009	31/12/2010	15/09/2010	17/09/2010	11/10/2010	-
07 Apr 2010	Final	GBX	1.00	31/12/2008	31/12/2009	16/06/2010	18/06/2010	23/07/2010	2.00
25 Aug 2009	Interim	GBX	1.00	30/12/2008	30/06/2009	16/09/2009	18/09/2009	12/10/2009	-
26 May 2009	Final	GBX	1.00	31/12/2007	31/12/2008	17/06/2009	19/06/2009	24/07/2009	5.50
27 Aug 2008	Interim	GBX	4.50	30/06/2007	30/06/2008	17/09/2008	19/09/2008	13/10/2008	-
21 Apr 2008	Final	GBX	4.00	31/12/2006	31/12/2007	18/06/2008	20/06/2008	25/02/2008	7.50
07 Sep 2007	Interim	GBX	3.50	30/12/2006	30/06/2007	19/09/2007	21/09/2007	15/10/2007	-
27 Mar 2007	Final	GBX	4.00	31/12/2005	31/12/2006	20/06/2007	22/06/2007	25/07/2007	7.00
15 Sep 2006	Interim	GBX	3.00	30/12/2005	30/06/2006	11/10/2006	13/10/2006	08/11/2006	-
28 Apr 2006	Final	GBX	1.00	31/12/2004	31/12/2005	05/07/2006	07/07/2006	04/08/2006	4.00
14 Sep 2005	Interim	GBX	3.00	30/12/2004	30/06/2005	28/09/2005	30/09/2005	14/10/2005	-
14 Apr 2005	Final	GBX	1.50	31/12/2003	31/12/2004	08/06/2005	10/06/2005	08/07/2005	3.00
22 Nov 2004	Interim	GBX	1.50	30/09/2003	30/09/2004	12/01/2005	14/01/2005	11/02/2005	-
28 Jul 2004	Final	GBX	6.50	31/03/2003	31/03/2004	15/09/2004	17/09/2004	15/10/2004	10.00
13 Nov 2003	Interim	GBX	3.50	30/03/2003	30/09/2003	17/12/2003	19/12/2003	16/01/2004	-
18 Jul 2003	Final	GBX	5.50	31/03/2002	31/03/2003	17/09/2003	19/09/2003	15/10/2003	8.00
20 Nov 2002	Interim	GBX	2.50	30/03/2002	30/09/2002	18/12/2002	20/12/2002	17/01/2003	-
20 Jun 2002	Final	GBX	2.00	31/03/2001	31/03/2002	21/08/2002	23/08/2002	20/09/2002	4.00
29 Nov 2001	Interim	GBX	2.00	30/03/2001	30/09/2001	19/12/2001	21/12/2001	18/01/2002	-
08 Jun 2001	Final	GBX	5.00	31/03/2000	31/03/2001	11/07/2001	13/07/2001	17/08/2001	7.50
23 Nov 2000	Interim	GBX	2.50	30/03/2000	30/09/2000	18/12/2000	22/12/2000	19/01/2001	-
08 Jun 2000	Final	GBX	8.00	31/03/1999	31/03/2000	10/07/2000	14/07/2000	18/08/2000	12.00
12 Nov 1999	Interim	GBX	4.00	30/03/1999	30/09/1999	13/12/1999	17/12/1999	19/01/2000	-
17 Jun 1999	Final	GBX	4.00	31/03/1998	31/03/1999	05/07/1999	09/07/1999	20/08/1999	5.00
06 Nov 1998	Interim	GBX	1.00	30/03/1998	30/09/1998	14/12/1998	18/12/1998	20/01/1999	-
18 Jun 1998	Final	GBX	4.00	31/03/1997	31/03/1998	06/07/1998	10/07/1998	21/08/1998	8.00

Tex Fundamentals

	31 Dec 2016 (GBP)		31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)
turnover	41.39	100.00%	41.51	100.00%	40.35	100.00%	43.08	100.00%	m
pre tax profit	1.11	2.67%	0.93	2.23%	-0.71	-1.77%	-0.90	-2.08%	m
attributable profit	0.91	2.19%	0.73	1.76%	-0.59	-1.46%	-1.04	-2.41%	m
retained profit	0.43	1.04%	0.19	0.46%	-1.12	-2.78%	-1.04	-2.41%	m
eps - basic (p)	14.30		11.50		-9.30		-16.30
eps - diluted (p)	14.30		11.50		-9.30		-16.30
dividends per share	22.00		8.50		2.50		-

Tex Balance Sheet

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


	31 Dec 2016 (GBP)		31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)
ASSETS
fixed assets	5.86	24.90%	6.56	26.47%	8.01	30.21%	14.43	42.13%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	-	-%	-	-%	-	-%	-	-%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	6.88	29.22%	6.80	27.45%	8.27	31.21%	7.95	23.20%	m
debtors	10.81	45.88%	11.41	46.08%	10.22	38.58%	10.86	31.71%	m
cash & securities	-	-%	-	-%	-	-%	1.02	2.97%	m

TOTAL	23.55	100%	24.77	100%	26.50	100%	34.25	100%	m

LIABILITIES
creditors - short	9.61	40.80%	11.31	45.65%	14.55	54.89%	16.19	47.26%	m
creditors - long	4.11	17.46%	2.82	11.39%	3.11	11.73%	9.54	27.85%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	13.72	58.27%	14.13	57.04%	17.66	66.62%	25.73	75.11%	m

EQUITY
ord cap, reserves	9.83	41.73%	10.64	42.96%	8.85	33.38%	8.53	24.89%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	9.83	41.73%	10.64	42.96%	8.85	33.38%	8.53	24.89%	m

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

Tex Cash Flow Statement

	31 Dec 2016 (GBP)	31 Dec 2017 (GBP)	31 Dec 2018 (GBP)	31 Dec 2019 (GBP)
Operating CF	1.11	1.38	1.96	0.93	m
Pre-Financing CF	0.29	0.23	-0.78	-8.08	m
Retained CF	0.75	-1.49	-0.37	3.12	m

Tex Brokers

Name	Activity	Type	Mnemonic	Code
Evolution Securities Limited	Market Maker(MMF)	Broker/Dealer	EVO	EVBGGB21MMT
Merrill Lynch International	Market Maker(MMF)	Broker/Dealer	MLSB	SNCSGB2LBIC
Winterflood Securities Ltd	Market Maker(MMF)	Broker/Dealer	WINS	WNTSGB2LBIC