Telford Homes (TEF)

Company name:	Telford Homes Plc
EPIC:	TEF	Trading Currency:	GBX
Market Sector:	ASM6	ISIN:	GB0031022154
Market Segment:	AMSM	Share Type:	DE
WWW Address:	http://www.telfordhomes.plc.uk/	Description:	ORD 10P
Industry Sector:	HOUSEHOLD GOODS & HOME CONSTRUCTION

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
349.50	0.0 [0.00]	349.50	350.00	-	-	-	-
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
265.74	76.04	0.06	44.60	17.00	7.84	4.86	-

Telford Homes Key Figures

(at previous day's close)
Market Cap.	265.74	m
Shares In Issue	76.04	m
Prev. Close	349.50
PE Ratio	7.84
Dividend Yield	4.86	%
EPS - basic	44.60	p
Dividend PS	17.00	p
Dividend Cover	2.62
Cash Flow PS	90.92	p
Return On Equity (ROE)	13.30	%
Operating Margin	11.32	%
PEG Factor	-0.75
EPS Growth Rate	-10.44	%
Dividends PS Growth Rate	-	%
Net Debt	141.54	m
Gross Gearing	40.64	%
Quick Assets	140.06	m
Net Working Capital	168.16	m
Intangibles / Fixed Assets	0.33	%
Turnover PS	466.00	p
Pre-Tax Profit PS	52.77	p
Retained Profit PS	26.89	p
Cash PS	41.48	p
Net Cash PS	-181.23	p
Net Tangible Asset Value PS *	332.16	p
Net Asset Value PS	332.54	p
Spread	0.50 (0.14%)
* 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.

Telford Homes Balance Sheet

Share Price Performance

Sorry No Data Available

Share Price Chart (5 years)

Telford Homes Historic Returns

Sorry No Data Available

Telford Homes Key Management Ratios

Telford Homes Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	1.57
PE Ratio	7.84
Tobin's Q Ratio	0.62
Tobin's Q Ratio (excl. intangibles)	0.62
Dividend Yield	4.86	%
Market-to-Book Ratio	1.05
Price-to-Pre-Tax Profit PS	6.62
Price-to-Retained Profit PS	13.00
Price-to-Cash Flow PS	3.84
Price-to-Sales PS	0.75
Price-to-Net Tangible Asset Value PS	1.05
Price-to-Cash PS	8.43
Net Working Capital PS	221.16
Price Pct to Working Capital PS	1.58	%
Earnings Yield	12.76	%
Average PE	9.01
Years in average	5
PE to PE average	87.00	%

Telford Homes Financial Ratios

(Leverage Ratios)
Debt Ratio	1.46	%
Debt-to-Equity Ratio	0.01
Debt-to-Equity Ratio (excl. Intgbl)	0.01
Debt-to-Equity Market Value	0.01
Net Gearing	33.23	%
Net Gearing (excl. Intangibles)	33.25	%
Gross Gearing	40.64	%
Gross Gearing (excl. Intangibles)	40.66	%
Gearing Under 1 Year	39.76	%
Gearing Under 1 Year (excl. Intgbl)	39.78	%
Assets/Equity	1.68
Cash/Equity	12.47
(Liquidity Ratios)
Net Working Capital to Total Assets	39.48	%
Current Ratio	1.99
Quick Ratio (Acid Test)	0.83
Liquidity Ratio	0.19
Cash & Equiv/Current Assets	9.35	%
(Solvency Ratios)
Enterprise Value	237.94	m
CFO/Sales	0.20
CFO/Attributable Profit	2.06
CFO/Assets	0.16
CFO/Debt	0.40
Total Debt/Equity Market Value	0.65
Total Debt/Sales	0.49
Total Debt/Pre-Tax Profit	4.31
Total Debt	173.08	m
Total Debt/Net Current Assets	1.03	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	6.62	%
5 yr Compound Earnings Growth	6.08	%
10 yr Compound Earnings Growth	12.53	%
Earn drops > 5% in 10yrs	6

Beta (60-Mnth)	Beta (36-Mnth)
0.0551	0.0353

Telford Homes Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	15.64	%
Return On Assets (ROA)	7.88	%
Net Profit Margin	9.49	%
Assets Turnover	0.83
Return On Equity (ROE)	13.30	%
Return On Investment (ROI)	13.74	%
Dividend Payout Ratio	38.12	%
Plowback Ratio	61.88	%
Growth from Plowback Ratio	8.60	%
Net Income Of Revenues	5.77	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	1.46
Fixed Assets Turnover	4.87
Current Assets Turnover	1.00
Net Working Capital Turnover
Inventory Turnover	1.42
(Other Operating Ratios)
Total Assets-to-Sales	1.20
Debtors-to-Sales	23.48	%
Debt Collection Period	85.69	Days

Telford Homes Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
29 May 2019	Final	GBX	8.50	31/03/2018	31/03/2019	06/06/2019	07/06/2019	19/07/2019	17.00
28 Nov 2018	Interim	GBX	8.50	30/03/2018	30/09/2018	06/12/2018	07/12/2018	11/01/2019	-
30 May 2018	Final	GBX	9.00	31/03/2017	31/03/2018	07/06/2018	08/06/2018	20/07/2018	17.00
29 Nov 2017	Interim	GBX	8.00	30/03/2017	30/09/2017	14/12/2017	15/12/2017	12/01/2018	-
31 May 2017	Final	GBX	8.50	31/03/2016	31/03/2017	15/06/2017	16/06/2017	14/07/2017	15.70
30 Nov 2016	Interim	GBX	7.20	30/03/2016	30/09/2016	08/12/2016	09/12/2016	09/01/2017	-
01 Jun 2016	Final	GBX	7.70	31/03/2015	31/03/2016	16/06/2016	17/06/2016	15/07/2016	14.20
02 Dec 2015	Interim	GBX	6.50	30/03/2015	30/09/2015	10/12/2015	11/12/2015	08/01/2016	-
27 May 2015	Final	GBX	6.00	31/03/2014	31/03/2015	18/06/2015	19/06/2015	17/07/2015	11.10
26 Nov 2014	Interim	GBX	5.10	30/03/2014	30/09/2014	11/12/2014	12/12/2014	09/01/2015	-
28 May 2014	Final	GBX	5.10	31/03/2013	31/03/2014	25/06/2014	27/06/2014	18/07/2014	8.80
27 Nov 2013	Interim	GBX	3.70	30/03/2013	30/09/2013	11/12/2013	13/12/2013	10/01/2014	-
29 May 2013	Final	GBX	2.80	31/03/2012	31/03/2013	19/06/2013	21/06/2013	19/07/2013	4.80
28 Nov 2012	Interim	GBX	2.00	30/03/2012	30/09/2012	12/12/2012	14/12/2012	11/01/2013	-
30 May 2012	Final	GBX	1.50	31/03/2011	31/03/2012	20/06/2012	22/06/2012	20/07/2012	3.00
01 Dec 2011	Interim	GBX	1.50	30/03/2011	30/09/2011	14/12/2011	16/12/2011	13/01/2012	-
01 Jun 2011	Final	GBX	1.25	31/03/2010	31/03/2011	22/06/2011	24/06/2011	22/07/2011	2.50
01 Dec 2010	Interim	GBX	1.25	30/03/2010	30/09/2010	15/12/2010	17/12/2010	14/01/2011	-
25 May 2010	Final	GBX	1.25	31/03/2009	31/03/2010	23/06/2010	25/06/2010	16/07/2010	2.00
04 Dec 2009	Interim	GBX	0.75	30/03/2009	30/09/2009	16/12/2009	18/12/2009	15/01/2010	-
27 May 2009	Final	GBX	-	31/03/2008	31/03/2009	27/05/2009	27/05/2009	27/05/2009	-
02 Dec 2008	Interim	GBX	-	30/03/2008	30/09/2008	02/12/2008	02/12/2008	02/12/2008	-
28 May 2008	Final	GBX	5.50	31/03/2007	31/03/2008	25/06/2008	27/06/2008	18/07/2008	10.00
04 Dec 2007	Interim	GBX	4.50	30/03/2007	30/09/2007	19/12/2007	21/12/2007	14/01/2008	-
21 May 2007	Final	GBX	4.90	31/03/2006	31/03/2007	20/06/2007	22/06/2007	13/07/2007	8.90
21 Nov 2006	Interim	GBX	4.00	30/03/2006	30/09/2006	20/12/2006	22/12/2006	15/01/2007	-
23 May 2006	Final	GBX	4.60	31/03/2005	31/03/2006	21/06/2006	23/06/2006	14/07/2006	7.00
22 Nov 2005	Interim	GBX	2.40	30/03/2005	30/09/2005	21/12/2005	23/12/2005	16/01/2006	-
24 May 2005	Final	GBX	3.70	31/03/2004	31/03/2005	22/06/2005	24/06/2005	15/07/2005	5.50
16 Nov 2004	Interim	GBX	1.80	30/03/2004	30/09/2004	15/12/2004	17/12/2004	10/01/2005	-
18 May 2004	Final	GBX	3.00	31/03/2003	31/03/2004	16/06/2004	18/06/2004	09/07/2004	4.50
19 Nov 2003	Interim	GBX	1.50	30/03/2003	30/09/2003	17/12/2003	19/12/2003	12/01/2004	-
19 May 2003	Final	GBX	2.00	31/03/2002	31/03/2003	18/06/2003	20/06/2003	11/07/2003	3.00
19 Nov 2002	Interim	GBX	1.00	30/03/2002	30/09/2002	18/12/2002	20/12/2002	13/01/2003	-
20 May 2002	Final	GBX	1.00	31/03/2001	31/03/2002	19/06/2002	21/06/2002	12/07/2002	1.00

Telford Homes Fundamentals

	31 Mar 2016 (GBP)		31 Mar 2017 (GBP)		31 Mar 2018 (GBP)		31 Mar 2019 (GBP)
turnover	245.58	100.00%	291.92	100.00%	316.24	100.00%	354.33	100.00%	m
pre tax profit	32.20	13.11%	34.63	11.86%	46.31	14.64%	40.12	11.32%	m
attributable profit	25.73	10.48%	27.52	9.43%	37.42	11.83%	33.63	9.49%	m
retained profit	17.28	7.04%	16.38	5.61%	25.03	7.92%	20.44	5.77%	m
eps - basic (p)	39.30		36.80		49.80		44.60
eps - diluted (p)	38.90		36.60		49.40		44.50
dividends per share	14.20		15.70		17.00		17.00

Telford Homes Balance Sheet

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


	31 Mar 2016 (GBP)		31 Mar 2017 (GBP)		31 Mar 2018 (GBP)		31 Mar 2019 (GBP)
ASSETS
fixed assets	1.49	0.44%	1.27	0.31%	2.47	0.58%	2.56	0.60%	m
intangibles	0.38	0.11%	0.29	0.07%	0.29	0.07%	0.29	0.07%	m
fixed investments	-	-%	47.55	11.49%	54.26	12.69%	85.58	20.09%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	285.61	84.02%	287.65	69.52%	300.01	70.15%	197.44	46.36%	m
debtors	31.59	9.29%	38.39	9.28%	57.85	13.53%	108.52	25.48%	m
cash & securities	20.86	6.14%	38.63	9.34%	12.81	2.99%	31.54	7.40%	m

TOTAL	339.93	100%	413.78	100%	427.69	100%	425.93	100%	m

LIABILITIES
creditors - short	150.94	44.40%	206.55	49.92%	194.78	45.54%	169.34	39.76%	m
creditors - long	2.02	0.59%	2.95	0.71%	1.82	0.43%	3.74	0.88%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	152.96	45.00%	209.50	50.63%	196.60	45.97%	173.08	40.64%	m

EQUITY
ord cap, reserves	186.97	55.00%	204.28	49.37%	231.09	54.03%	252.85	59.36%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	186.97	55.00%	204.28	49.37%	231.09	54.03%	252.85	59.36%	m

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

Telford Homes Cash Flow Statement

	31 Mar 2016 (GBP)	31 Mar 2017 (GBP)	31 Mar 2018 (GBP)	31 Mar 2019 (GBP)
Operating CF	14.43	14.27	68.19	69.13	m
Pre-Financing CF	-5.04	13.20	62.09	39.34	m
Retained CF	-18.95	17.92	-25.82	18.73	m

Telford Homes Brokers

Name	Activity	Type	Mnemonic	Code
Shore Capital Stockbrokers Ltd	Market Maker(MME)	Broker/Dealer	SCAP	SHOCGB21
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC