Admiral Group (ADM)

Sector:

Insurance

Index:

FTSE 100

2,049.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 2,300.00
  • 52 Week Low: 1,958.00
  • Currency: UK Pounds
  • Shares Issued: 293.69m
  • Volume: 532,032
  • Market Cap: £6,018m
  • RiskGrade: 80
  • Beta: 0.78

Dividend Data

  31-Dec-1831-Dec-1731-Dec-1631-Dec-1531-Dec-14
Interim Dividend40.80p37.90p36.80p25.10p9.70p
Final Dividend49.60p39.50p15.00p33.60p22.50p
Total Dividend90.40p77.40p51.80p58.70p46.20p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Continuing Operations          
Revenue 2,079.60 1,729.90 1,353.60 1,130.20 1,099.70
Operating Profit/(Loss) 487.50 414.90 289.80 379.80 355.30
Net Interest (11.30) (11.40) n/a (11.10) (4.60)
Profit Before Tax 476.20 403.50 278.40 368.70 350.70
Profit After Tax 390.50 331.60 214.10 291.80 281.60
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 390.50 331.60 214.10 291.80 281.60
Attributable to:          
Equity Holders of Parent Company 395.10 334.20 222.20 300.00 285.20
Minority Interests (4.60) (2.60) (8.10) (8.20) (3.60)
           
Continuing EPS          
Earnings per Share - Basic 137.10p 117.20p 78.70p 107.30p 103.00p
Earnings per Share - Diluted 136.80p 117.00p 78.50p 107.10p 102.80p
Earnings per Share - Adjusted 137.10p 117.20p 78.70p 107.30p 103.00p
Continuing and Discontinued EPS          
Earnings per Share - Basic 137.10p 117.20p 78.70p 107.30p 103.00p
Earnings per Share - Diluted 136.80p 117.00p 78.50p 107.10p 102.80p
Earnings per Share - Adjusted 137.10p 117.20p 78.70p 107.30p 103.00p
           
Dividend per Share 90.40p 77.40p 51.80p 58.70p 46.20p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Assets          
Non-Current Assets          
Property, Plant & Equipment 28.10 31.30 32.00 34.90 32.30
Intangible Assets 162.00 159.40 162.30 142.30 107.20
Investment Properties n/a n/a n/a n/a n/a
Investments 2,969.70 2,697.80 2,420.20 n/a n/a
Other Financial Assets n/a n/a n/a 2,323.50 2,194.10
Other Non-Current Assets n/a n/a n/a n/a n/a
  3,159.80 2,888.50 2,614.50 2,500.70 2,333.60
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 1,082.00 939.70 782.60 537.10 435.30
Cash at Bank & in Hand 376.80 326.80 326.60 265.30 255.90
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a n/a n/a
  1,458.80 1,266.50 1,109.20 802.40 691.20
           
Other Assets 300.40 66.50 10.70 20.60 22.90
Total Assets 6,802.50 5,859.10 4,860.80 4,202.40 3,877.50
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities n/a n/a n/a n/a n/a
  n/a n/a n/a n/a n/a
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 444.20 224.00 224.00 223.90 203.80
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities 1,850.80 1,665.40 n/a n/a n/a
  2,295.00 1,889.40 224.00 223.90 203.80
           
Other Liabilities n/a n/a 1,305.60 1,050.60 995.40
Total Liabilities 6,031.40 5,203.30 4,279.10 3,569.50 3,296.60
           
Net Assets 771.10 655.80 581.70 632.90 580.90
           
Capital & Reserves          
Share Capital 0.30 0.30 0.30 0.30 0.30
Share Premium Account 13.10 13.10 13.10 13.10 13.10
Other Reserves 31.40 52.40 51.80 2.70 13.20
Retained Earnings 713.50 580.30 505.70 599.60 540.60
Shareholders Funds 758.30 646.10 570.90 615.70 567.20
           
Minority Interests/Other Equity 12.80 9.70 10.80 17.20 13.70
Total Equity 771.10 655.80 581.70 632.90 580.90
Cash Flow 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Net Cash Flow From Operating Activities 184.10 332.30 432.40 310.90 176.90
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (23.90) (22.70) (31.60) (47.80) (47.50)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (107.30) (310.00) (364.70) (256.30) (64.40)
Net Increase/Decrease In Cash 52.90 (0.40) 36.10 6.80 65.00
Ratios - based on IFRS 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Continuing Operations          
PE Ratio - Adjusted 14.9 17.1 23.2 15.5 12.8
PEG - Adjusted 0.9 0.3 n/a 3.9 n/a
Earnings per Share Growth - Adjusted 17% 49% -27% 4% -2%
Dividend Cover 1.52 1.51 1.52 1.83 2.23
Revenue per Share 721.59p 606.63p 479.29p 404.18p 397.17p
Pre-Tax Profit per Share 165.23p 141.50p 98.58p 131.85p 126.66p
Operating Margin 23.44% 23.98% 21.41% 33.60% 32.31%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 14.9 17.1 23.2 15.5 12.8
PEG - Adjusted 0.9 0.3 n/a 3.9 n/a
Earnings per Share Growth - Adjusted 17% 49% -27% 4% -2%
Dividend Cover 1.52 1.51 1.52 1.83 2.23
           
Dividend Yield 4.4% 3.9% 2.8% 3.5% 3.5%
Dividend per Share Growth 16.80% 49.42% (11.75%) 27.06% (1.49%)
Operating Cash Flow per Share 63.88p 116.53p 153.11p 111.18p 63.89p
Cash Incr/Decr per Share 18.36p (0.14p) 12.78p 2.43p 23.48p
Net Asset Value per Share (exc. Intangibles) 211.35p 174.07p 148.50p 175.45p 171.08p
Net Gearing n/a n/a n/a n/a n/a

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

Top of Page