Ventus 2 Vct (VEN2)

Company name:	Ventus 2 Vct Plc
EPIC:	VEN2	Trading Currency:	GBX
Market Sector:	SQQ3	ISIN:	GB00B0WCHT14
Market Segment:	SSQ3	Share Type:	DE
WWW Address:		Description:	ORD 25P
Industry Sector:	EQUITY INVESTMENT INSTRUMENTS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
77.50	0.5 [0.65]	76.00	79.00	77.00	77.50	77.00	27,000
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
18.90	24.39	0.01	5.77	-	13.43	-	78.50 - 69.50

Ventus 2 Vct Key Figures

(at previous day's close)
Market Cap.	18.90	m
Shares In Issue	24.39	m
Prev. Close	77.00
PE Ratio	13.43
Dividend Yield	-	%
EPS - basic	5.77	p
Dividend PS	-	p
Dividend Cover	-
Cash Flow PS	4.22	p
Return On Equity (ROE)	6.86	%
Operating Margin	81.46	%
PEG Factor	0.07
EPS Growth Rate	203.68	%
Dividends PS Growth Rate	-	%
Net Debt	-0.55	m
Gross Gearing	0.34	%
Quick Assets	0.87	m
Net Working Capital	0.80	m
Intangibles / Fixed Assets	-	%
Turnover PS	7.14	p
Pre-Tax Profit PS	5.82	p
Retained Profit PS	0.77	p
Cash PS	2.52	p
Net Cash PS	2.23	p
Net Tangible Asset Value PS *	84.14	p
Net Asset Value PS	84.14	p
Spread	3.00 (3.80%)
* 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.

Ventus 2 Vct Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	78.50	77.00
4 weeks	78.50	76.50
12 weeks	78.50	75.50
1 year	78.50	69.50

Share Price Chart (5 years)

Ventus 2 Vct Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	78.50	-1.00	-1.27	77.00	0.01		77.39
4 weeks	77.50	-	-	76.50	0.01		77.22
12 weeks	76.00	1.50	1.97	75.50	0.01		77.11
26 weeks	75.50	2.00	2.65	73.50	0.01		76.06
1 year	71.50	6.00	8.39	69.50	0.01		74.73
3 years	69.00	8.50	12.32	65.50	0.01		71.49
5 years	58.50	19.00	32.48	55.50	0.01		69.09
† periods calculated are whole weeks rather than calendar months

Ventus 2 Vct Key Management Ratios

Ventus 2 Vct Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	0.06
PE Ratio	13.43
Tobin's Q Ratio	0.95
Tobin's Q Ratio (excl. intangibles)	0.95
Dividend Yield	-	%
Market-to-Book Ratio	0.92
Price-to-Pre-Tax Profit PS	13.32
Price-to-Retained Profit PS	100.55
Price-to-Cash Flow PS	18.35
Price-to-Sales PS	10.85
Price-to-Net Tangible Asset Value PS	0.92
Price-to-Cash PS	30.79
Net Working Capital PS	3.26
Price Pct to Working Capital PS	23.75	%
Earnings Yield	7.45	%
Average PE	18.29
Years in average	5
PE to PE average	73.44	%

Ventus 2 Vct Financial Ratios

(Leverage Ratios)
Debt Ratio	-	%
Debt-to-Equity Ratio	-
Debt-to-Equity Ratio (excl. Intgbl)	-
Debt-to-Equity Market Value	-
Net Gearing	-2.65	%
Net Gearing (excl. Intangibles)	-2.65	%
Gross Gearing	0.34	%
Gross Gearing (excl. Intangibles)	0.34	%
Gearing Under 1 Year	0.34	%
Gearing Under 1 Year (excl. Intgbl)	0.34	%
Assets/Equity	1.00
Cash/Equity	2.99
(Liquidity Ratios)
Net Working Capital to Total Assets	3.87	%
Current Ratio	12.54
Quick Ratio (Acid Test)	12.54
Liquidity Ratio	8.90
Cash & Equiv/Current Assets	70.98	%
(Solvency Ratios)
Enterprise Value	18.29	m
CFO/Sales	0.59
CFO/Attributable Profit	0.73
CFO/Assets	0.05
CFO/Debt	14.93
Total Debt/Equity Market Value	0.00
Total Debt/Sales	0.04
Total Debt/Pre-Tax Profit	0.05
Total Debt	0.07	m
Total Debt/Net Current Assets	0.09	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	17.02	%
10 yr Compound Earnings Growth	24.99	%
Earn drops > 5% in 10yrs	4

Beta (60-Mnth)	Beta (36-Mnth)
0.0076	0.0024

Ventus 2 Vct Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	6.91	%
Return On Assets (ROA)	7.08	%
Net Profit Margin	80.83	%
Assets Turnover	0.09
Return On Equity (ROE)	6.86	%
Return On Investment (ROI)	7.11	%
Dividend Payout Ratio	-	%
Plowback Ratio	100.00	%
Growth from Plowback Ratio	7.11	%
Net Income Of Revenues	10.79	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.09
Fixed Assets Turnover	0.09
Current Assets Turnover	2.41
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	11.41
Debtors-to-Sales	12.92	%
Debt Collection Period	47.14	Days

Ventus 2 Vct Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
25 Jun 2019	Final	GBX	2.50	28/02/2018	28/02/2019	25/07/2019	26/07/2019	21/08/2019	6.00
25 Jun 2019	Special	GBX	1.00	28/02/2018	28/02/2019	25/07/2019	26/07/2019	21/08/2019	-
31 Oct 2018	Interim	GBX	2.50	03/03/2018	31/08/2018	13/12/2018	14/12/2018	16/01/2019	-
01 Jun 2018	Final	GBX	2.50	28/02/2017	28/02/2018	12/07/2018	13/07/2018	08/08/2018	5.00
31 Oct 2017	Interim	GBX	2.50	03/03/2017	31/08/2017	14/12/2017	15/12/2017	17/01/2018	-
01 Jun 2017	Final	GBX	2.50	28/02/2016	28/02/2017	13/07/2017	14/07/2017	09/08/2017	5.00
01 Nov 2016	Interim	GBX	2.50	02/03/2016	31/08/2016	15/12/2016	16/12/2016	18/01/2017	-
17 Jun 2016	Final	GBX	2.75	01/03/2015	29/02/2016	14/07/2016	15/07/2016	10/08/2016	5.25
30 Oct 2015	Interim	GBX	2.50	03/03/2015	31/08/2015	10/12/2015	11/12/2015	13/01/2016	-
29 May 2015	Final	GBX	2.10	28/02/2014	28/02/2015	09/07/2015	10/07/2015	05/08/2015	4.10
29 Oct 2014	Interim	GBX	2.00	03/03/2014	31/08/2014	11/12/2014	12/12/2014	14/01/2015	-
30 May 2014	Final	GBX	1.75	28/02/2013	28/02/2014	09/07/2014	11/07/2014	06/08/2014	3.50
29 Oct 2013	Interim	GBX	1.75	03/03/2013	31/08/2013	11/12/2013	13/12/2013	15/01/2014	-
28 May 2013	Final	GBX	1.75	28/02/2012	28/02/2013	10/07/2013	12/07/2013	07/08/2013	3.50
30 Oct 2012	Interim	GBX	1.75	02/03/2012	31/08/2012	12/12/2012	14/12/2012	16/01/2013	-
31 May 2012	Final	GBX	2.30	01/03/2011	29/02/2012	11/07/2012	13/07/2012	08/08/2012	2.30
22 Jun 2011	Final	GBX	1.00	28/02/2010	28/02/2011	13/07/2011	15/07/2011	10/08/2011	2.50
29 Oct 2010	Interim	GBX	1.50	28/02/2010	28/02/2011	08/12/2010	10/12/2010	12/01/2011	-
29 Oct 2009	Interim	GBX	1.50	28/02/2009	28/02/2010	09/12/2009	11/12/2009	13/01/2010	1.50
31 May 2007	Final	GBX	0.75	28/02/2006	28/02/2007	11/07/2007	13/07/2007	06/08/2007	1.50
31 May 2007	Interim	GBX	0.75	03/03/2006	31/08/2006	-	-	-	-

Ventus 2 Vct Fundamentals

	29 Feb 2016 (GBP)		28 Feb 2017 (GBP)		28 Feb 2018 (GBP)		01 Mar 2019 (GBP)
turnover	-	-	2.04	100.00%	0.80	-	1.74	100.00%	m
pre tax profit	1.74	-	1.74	85.27%	0.49	-	1.42	81.46%	m
attributable profit	1.69	-	1.69	82.96%	0.47	-	1.41	80.83%	m
retained profit	0.57	-	0.41	20.04%	-0.76	-	0.19	10.79%	m
eps - basic (p)	6.92		6.92		1.90		5.77
eps - diluted (p)	6.92		6.92		1.90		5.77
dividends per share	5.25		5.00		5.00		-

Ventus 2 Vct Balance Sheet

	29 Feb 2016 (GBP)		28 Feb 2017 (GBP)		28 Feb 2018 (GBP)		01 Mar 2019 (GBP)


	29 Feb 2016 (GBP)		28 Feb 2017 (GBP)		28 Feb 2018 (GBP)		01 Mar 2019 (GBP)
ASSETS
fixed assets	-	-%	-	-%	-	-%	-	-%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	17.27	89.78%	18.60	93.71%	18.58	96.96%	19.73	95.80%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	1.55	8.03%	0.37	1.87%	0.20	1.04%	0.25	1.22%	m
cash & securities	0.42	2.19%	0.88	4.42%	0.38	2.00%	0.61	2.98%	m

TOTAL	19.24	100%	19.85	100%	19.16	100%	20.59	100%	m

LIABILITIES
creditors - short	0.06	0.33%	0.08	0.42%	0.08	0.43%	0.07	0.34%	m
creditors - long	-	-%	-	-%	-	-%	-	-%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	0.06	0.33%	0.08	0.42%	0.08	0.43%	0.07	0.34%	m

EQUITY
ord cap, reserves	19.18	99.67%	19.76	99.58%	19.07	99.57%	20.52	99.66%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	19.18	99.67%	19.76	99.58%	19.07	99.57%	20.52	99.66%	m

OTHER
NAV Basic	78.60		-		78.20		-
NAV Diluted	78.60		-		78.20		-

Ventus 2 Vct Cash Flow Statement

	29 Feb 2016 (GBP)	28 Feb 2017 (GBP)	28 Feb 2018 (GBP)	01 Mar 2019 (GBP)
Operating CF	0.92	1.51	0.30	1.03	m
Pre-Financing CF	1.09	1.74	0.73	1.45	m
Retained CF	-0.04	0.46	-0.49	0.23	m

Ventus 2 Vct Brokers

Name	Activity	Type	Mnemonic	Code
Matrix Corporate Capital LLP	Market Maker(MMF)	Broker/Dealer	MATX	MCOCGB21MMK
Winterflood Securities Ltd	Market Maker(MMF)	Broker/Dealer	WINS	WNTSGB2LBIC