Compass (CPG)

Company name:	Compass Group Plc
Company Description:	A group engaged in the provision of contract foodservice and support services to clients in over 50 countries around the world
EPIC:	CPG	Trading Currency:	GBX
Market Sector:	FE10	ISIN:	GB00BD6K4575
Market Segment:	SET1	Share Type:	DE
WWW Address:	http://www.compass-group.com/	Description:	ORD 11 1/20P
Industry Sector:	SUPPORT SERVICES

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
1,288.00	8.5 [0.66]	1,286.50	1,287.50	1,271.50	1,300.50	1,262.00	7,537,092
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
22,976.05	1,783.86	0.65	70.00	40.00	18.40	3.11	2,150.00 - 865.80

Compass Key Figures

(at previous day's close)
Market Cap.	22,976.05	m
Shares In Issue	1,783.86	m
Prev. Close	1,279.50
PE Ratio	18.40
Dividend Yield	3.11	%
EPS - basic	70.00	p
Dividend PS	40.00	p
Dividend Cover	1.75
Cash Flow PS	109.43	p
Return On Equity (ROE)	33.28	%
Operating Margin	5.90	%
PEG Factor	-13.06
EPS Growth Rate	-1.41	%
Dividends PS Growth Rate	6.10	%
Net Debt	9,550.00	m
Gross Gearing	74.74	%
Quick Assets	3,899.00	m
Net Working Capital	-1,077.00	m
Intangibles / Fixed Assets	77.47	%
Turnover PS	1,394.62	p
Pre-Tax Profit PS	82.35	p
Retained Profit PS	27.97	p
Cash PS	22.31	p
Net Cash PS	-279.28	p
Net Tangible Asset Value PS *	-204.22	p
Net Asset Value PS	188.47	p
Spread	1.00 (0.08%)
* 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.

Compass Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	1,301.00	1,180.00
4 weeks	1,315.50	1,024.00
12 weeks	1,450.00	865.80
1 year	2,150.00	865.80

Share Price Chart (5 years)

Compass Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	1,253.50	34.50	2.75	1,180.00	8.02		1,221.55
4 weeks	1,310.00	-22.00	-1.68	1,024.00	9.79		1,175.55
12 weeks	1,200.00	88.00	7.33	865.80	8.79		1,179.10
26 weeks	1,844.50	-556.50	-30.17	865.80	6.03		1,391.46
1 year	1,797.50	-509.50	-28.34	865.80	4.48		1,596.14
3 years	1,692.00	-404.00	-23.88	865.80	3.76		1,606.03
5 years	1,142.00	146.00	12.78	865.80	3.69		1,486.82
† periods calculated are whole weeks rather than calendar months

Compass Key Management Ratios

Compass Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	40.13
PE Ratio	18.40
Tobin's Q Ratio	1.77
Tobin's Q Ratio (excl. intangibles)	3.60
Dividend Yield	3.11	%
Market-to-Book Ratio	6.89
Price-to-Pre-Tax Profit PS	15.64
Price-to-Retained Profit PS	46.04
Price-to-Cash Flow PS	11.77
Price-to-Sales PS	0.92
Price-to-Net Tangible Asset Value PS	-6.35
Price-to-Cash PS	57.73
Net Working Capital PS	-60.37
Price Pct to Working Capital PS	-21.33	%
Earnings Yield	5.43	%
Average PE	22.60
Years in average	4
PE to PE average	81.41	%

Compass Financial Ratios

(Leverage Ratios)
Debt Ratio	57.60	%
Debt-to-Equity Ratio	1.36
Debt-to-Equity Ratio (excl. Intgbl)	-1.26
Debt-to-Equity Market Value	0.20
Net Gearing	71.75	%
Net Gearing (excl. Intangibles)	150.82	%
Gross Gearing	74.74	%
Gross Gearing (excl. Intangibles)	157.11	%
Gearing Under 1 Year	40.42	%
Gearing Under 1 Year (excl. Intgbl)	84.97	%
Assets/Equity	3.96
Cash/Equity	11.84
(Liquidity Ratios)
Net Working Capital to Total Assets	-8.09	%
Current Ratio	0.80
Quick Ratio (Acid Test)	0.72
Liquidity Ratio	0.07
Cash & Equiv/Current Assets	9.25	%
(Solvency Ratios)
Enterprise Value	27,173.05	m
CFO/Sales	0.08
CFO/Attributable Profit	1.76
CFO/Assets	0.15
CFO/Debt	0.20
Total Debt/Equity Market Value	0.43
Total Debt/Sales	0.40
Total Debt/Pre-Tax Profit	6.77
Total Debt	9,948.00	m
Total Debt/Net Current Assets	-9.24	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	6.00	%
10 yr Compound Earnings Growth	6.88	%
Earn drops > 5% in 10yrs	7

Beta (60-Mnth)	Beta (36-Mnth)
0.6539	0.4374

Compass Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	18.52	%
Return On Assets (ROA)	8.56	%
Net Profit Margin	4.46	%
Assets Turnover	1.92
Return On Equity (ROE)	33.28	%
Return On Investment (ROI)	14.79	%
Dividend Payout Ratio	57.14	%
Plowback Ratio	42.86	%
Growth from Plowback Ratio	15.99	%
Net Income Of Revenues	2.01	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	8.36
Fixed Assets Turnover	2.93
Current Assets Turnover	5.57
Net Working Capital Turnover
Inventory Turnover	65.73
(Other Operating Ratios)
Total Assets-to-Sales	0.52
Debtors-to-Sales	12.84	%
Debt Collection Period	46.85	Days

Compass Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
26 Nov 2019	Final	GBX	26.90	30/09/2018	30/09/2019	16/01/2020	17/01/2020	24/02/2020	40.00
15 May 2019	Interim	GBX	13.10	30/09/2018	30/09/2019	20/06/2019	21/06/2019	29/07/2019	-
20 Nov 2018	Final	GBX	25.40	30/09/2017	30/09/2018	17/01/2019	18/01/2019	25/02/2019	37.70
09 May 2018	Interim	GBX	12.30	30/09/2017	30/09/2018	21/06/2018	22/06/2018	30/07/2018	-
21 Nov 2017	Final	GBX	22.30	30/09/2016	30/09/2017	18/01/2018	19/01/2018	26/02/2018	33.50
10 May 2017	Interim	GBX	11.20	30/09/2016	30/09/2017	18/05/2017	19/05/2017	19/06/2017	-
22 Nov 2016	Final	GBX	21.10	30/09/2015	30/09/2016	19/01/2017	20/01/2017	20/02/2017	31.70
11 May 2016	Interim	GBX	10.60	30/09/2015	30/09/2016	23/06/2016	24/06/2016	25/07/2016	-
25 Nov 2015	Final	GBX	19.60	30/09/2014	30/09/2015	21/01/2016	22/01/2016	22/02/2016	29.40
13 May 2015	Interim	GBX	9.80	30/09/2014	30/09/2015	25/06/2015	26/06/2015	27/07/2015	-
26 Nov 2014	Final	GBX	17.70	30/09/2013	30/09/2014	22/01/2015	23/01/2015	23/02/2015	26.50
14 May 2014	Special	GBX	56.00	30/09/2013	30/09/2014	05/07/2014	07/07/2014	29/07/2014	-
14 May 2014	Interim	GBX	8.80	30/09/2013	30/09/2014	21/05/2014	23/05/2014	26/06/2014	-
27 Nov 2013	Final	GBX	16.00	30/09/2012	30/09/2013	22/01/2014	24/01/2014	24/02/2014	24.00
15 May 2013	Interim	GBX	8.00	30/09/2012	30/09/2013	26/06/2013	28/06/2013	29/07/2013	-
21 Nov 2012	Final	GBX	14.10	30/09/2011	30/09/2012	23/01/2013	25/01/2013	25/02/2013	21.30
16 May 2012	Interim	GBX	7.20	30/09/2011	30/09/2012	27/06/2012	29/06/2012	30/07/2012	-
23 Nov 2011	Final	GBX	12.80	30/09/2010	30/09/2011	25/01/2012	27/01/2012	27/02/2012	19.30
18 May 2011	Interim	GBX	6.50	30/09/2010	30/09/2011	29/06/2011	01/07/2011	01/08/2011	-
24 Nov 2010	Final	GBX	12.50	30/09/2009	30/09/2010	26/01/2011	28/01/2011	28/02/2011	17.50
12 May 2010	Interim	GBX	5.00	30/09/2009	30/09/2010	30/06/2010	02/07/2010	02/08/2010	-
25 Nov 2009	Final	GBX	8.80	30/09/2008	30/09/2009	28/01/2010	30/01/2010	01/03/2010	13.20
13 May 2009	Interim	GBX	4.40	01/10/2008	31/03/2009	01/07/2009	03/07/2009	03/08/2009	-
26 Nov 2008	Final	GBX	8.00	30/09/2007	30/09/2008	28/01/2009	30/01/2009	02/03/2009	12.00
14 May 2008	Interim	GBX	4.00	01/10/2007	31/03/2008	25/06/2008	27/06/2008	04/08/2008	-
28 Nov 2007	Final	GBX	7.20	30/09/2006	30/09/2007	30/01/2008	01/02/2008	03/03/2008	10.80
17 May 2007	Interim	GBX	3.60	01/10/2006	31/03/2007	27/06/2007	29/06/2007	06/08/2007	-
29 Nov 2006	Final	GBX	6.70	30/09/2005	30/09/2006	07/02/2007	09/02/2007	05/03/2007	10.10
19 May 2006	Interim	GBX	3.40	01/10/2005	31/03/2006	12/07/2006	14/07/2006	07/08/2006	-
29 Nov 2005	Final	GBX	6.50	30/09/2004	30/09/2005	08/02/2006	10/02/2006	06/03/2006	9.80
18 May 2005	Interim	GBX	3.30	01/10/2004	31/03/2005	13/07/2005	15/07/2005	15/08/2005	-
30 Nov 2004	Final	GBX	6.20	30/09/2003	30/09/2004	16/02/2005	18/02/2005	14/03/2005	9.30
19 May 2004	Interim	GBX	3.10	01/10/2003	31/03/2004	14/07/2004	16/07/2004	16/08/2004	-
02 Dec 2003	Final	GBX	5.70	30/09/2002	30/09/2003	18/02/2004	20/02/2004	15/03/2004	8.40
21 May 2003	Interim	GBX	2.70	01/10/2002	31/03/2003	20/08/2003	22/08/2003	03/10/2003	-
03 Dec 2002	Final	GBX	5.00	30/09/2001	30/09/2002	05/03/2003	07/03/2003	04/04/2003	7.10
21 May 2002	Interim	GBX	2.10	01/10/2001	31/03/2002	21/08/2002	23/08/2002	03/10/2002	-
11 Dec 2001	Final	GBX	3.80	30/09/2000	30/09/2001	27/02/2002	01/03/2002	05/04/2002	5.70
22 May 2001	Interim	GBX	1.90	01/10/2000	31/03/2001	15/08/2001	17/08/2001	03/10/2001	-

Compass Fundamentals

	30 Sep 2016 (GBP)		30 Sep 2017 (GBP)		30 Sep 2018 (GBP)		30 Sep 2019 (GBP)
turnover	19,605.00	100.00%	22,568.00	100.00%	22,964.00	100.00%	24,878.00	100.00%	m
pre tax profit	1,321.00	6.74%	1,560.00	6.91%	1,520.00	6.62%	1,469.00	5.90%	m
attributable profit	992.00	5.06%	1,161.00	5.14%	1,125.00	4.90%	1,110.00	4.46%	m
retained profit	496.00	2.53%	-373.00	-1.65%	577.00	2.51%	499.00	2.01%	m
eps - basic (p)	60.40		71.30		71.00		70.00
eps - diluted (p)	60.30		71.30		71.00		69.90
dividends per share	31.70		33.50		37.70		40.00

Compass Balance Sheet

	30 Sep 2016 (GBP)		30 Sep 2017 (GBP)		30 Sep 2018 (GBP)		30 Sep 2019 (GBP)


	30 Sep 2016 (GBP)		30 Sep 2017 (GBP)		30 Sep 2018 (GBP)		30 Sep 2019 (GBP)
ASSETS
fixed assets	953.00	9.04%	1,000.00	9.11%	1,006.00	7.98%	1,052.00	7.90%	m
intangibles	5,519.00	52.35%	5,531.00	50.38%	6,173.00	48.95%	6,978.00	52.43%	m
fixed investments	458.00	4.34%	685.00	6.24%	799.00	6.34%	977.00	7.34%	m
current assets - other	-	-%	-	-%	236.00	1.87%	190.00	1.43%	m
stocks	347.00	3.29%	353.00	3.22%	353.00	2.80%	404.00	3.04%	m
debtors	2,919.00	27.69%	3,023.00	27.53%	3,076.00	24.39%	3,311.00	24.88%	m
cash & securities	346.00	3.28%	387.00	3.52%	969.00	7.68%	398.00	2.99%	m

TOTAL	10,542.00	100%	10,979.00	100%	12,612.00	100%	13,310.00	100%	m

LIABILITIES
creditors - short	4,519.00	42.87%	4,277.00	38.96%	5,536.00	43.89%	5,380.00	40.42%	m
creditors - long	3,503.00	33.23%	4,582.00	41.73%	4,364.00	34.60%	4,538.00	34.09%	m
creditors - other	-	-%	-	-%	72.00	0.57%	30.00	0.23%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	8,022.00	76.10%	8,859.00	80.69%	9,972.00	79.07%	9,948.00	74.74%	m

EQUITY
ord cap, reserves	2,505.00	23.76%	2,098.00	19.11%	2,615.00	20.73%	3,335.00	25.06%	m
prefs, minorities	15.00	0.14%	22.00	0.20%	25.00	0.20%	27.00	0.20%	m

TOTAL	2,520.00	23.90%	2,120.00	19.31%	2,640.00	20.93%	3,362.00	25.26%	m

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

Compass Cash Flow Statement

	30 Sep 2016 (GBP)	30 Sep 2017 (GBP)	30 Sep 2018 (GBP)	30 Sep 2019 (GBP)
Operating CF	1,424.00	1,633.00	1,873.00	1,952.00	m
Pre-Financing CF	730.00	905.00	737.00	846.00	m
Retained CF	10.00	52.00	602.00	-579.00	m

Compass Brokers

Name	Activity	Type	Mnemonic	Code
Evolution Securities Limited	Market Maker(MME)	Broker/Dealer	EVO	EVBGGB21MMT
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC