Micro Focus International (MCRO)

Sector:

IT Services

Index:

FTSE 250

484.30p
   
  • Change Today:
    -6.70p
  • 52 Week High: 587.60
  • 52 Week Low: 211.80
  • Currency: UK Pounds
  • Shares Issued: 335.55m
  • Volume: 906,993
  • Market Cap: £1,625.06m
  • RiskGrade: 336
  • Beta: 0.03

Key Financials

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Growth Metrics 31-Oct-20 31-Oct-19 31-Oct-18 30-Apr-15 30-Apr-14
Annualisation Factor 1.0 1.0 0.3 1.0 1.0
Dividend Yield 5.2% 4.0% 6.0% 2.8% 4.0%
           
Continuing Operations          
PE Ratio - Adjusted n/a n/a 13.9 13.0 10.8
PE Ratio - Diluted n/a
n/a
n/a
n/a
14.3
23.0
30.7
16.5
13.2
13.1
PEG - Adjusted n/a n/a n/a 0.4 0.8
PEG - Diluted n/a
n/a
n/a
n/a
0.1
n/a
n/a
0.6
1.3
1.3
Return on Capital Employed 1,068.83%
1,068.83%
n/a
n/a
24.53%
64.65%
n/a
n/a
n/a
n/a
Operating Margin (88.68%)
(88.68%)
6.62%
6.62%
7.93%
20.89%
17.64%
29.35%
35.96%
36.13%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted n/a 3.8 44.1 13.0 10.8
PE Ratio - Diluted n/a
n/a
3.8
3.8
45.3
63.9
30.7
16.5
13.2
13.1
PEG - Adjusted n/a 0.0 n/a 0.4 0.8
PEG - Diluted n/a
n/a
0.0
0.0
n/a
n/a
n/a
0.6
1.3
1.3

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing 31-Oct-20 31-Oct-19 31-Oct-18 30-Apr-15 30-Apr-14
Net Gearing 129.19% 69.14% 54.60% 109.89% n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Value Metrics 31-Oct-20 31-Oct-19 31-Oct-18 30-Apr-15 30-Apr-14
Price/Book Value n/a n/a n/a n/a n/a
Price/Tangible Book Value n/a n/a n/a n/a n/a
Price/ Cash Flow n/a n/a n/a n/a n/a
Price/Revenue n/a n/a n/a n/a n/a
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) (1,788.29¢) (1,676.09¢) (1,451.58¢) (1,309.32¢) (289.44¢)
Net Cash per Share n/a n/a n/a 93.40¢ 40.15¢

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Annualised Fundamentals 31-Oct-20 31-Oct-19 31-Oct-18 30-Apr-15 30-Apr-14
Continuing Operations          
Revenue 3,001.00 3,348.40 1,355.75 834.54 433.06
EBITDA (2,661.40)
(2,661.40)
221.70
221.70
107.45
283.16
276.63
361.66
197.61
198.34
Depreciation n/a
n/a
n/a
n/a
n/a
n/a
(129.39)
(116.77)
(41.89)
(41.89)
Net Interest (279.00)
(279.00)
(255.80)
(255.80)
(97.72)
(97.72)
(55.02)
(55.02)
(7.88)
(7.88)
Profit Before Tax (2,940.40)
(2,940.40)
(34.10)
(34.10)
9.72
185.44
91.43
189.09
147.84
148.57
           
Revenue per Share 893.95¢ 885.59¢ 348.79¢ 480.09¢ 300.62¢
Pre-Tax Profit per Share (875.90¢)
(875.90¢)
(9.02¢)
(9.02¢)
2.50¢
47.71¢
52.60¢
108.78¢
102.63¢
103.13¢
Market Capitalisation $ (Millions) 787.05 3,853.98 5,293.19 2,715.19 1,090.13
Enterprise Value (EV) $ (Millions) 5,604.55 8,488.78 10,167.59 4,359.17 1,383.96
EBITDA/EV (47.49%)
(47.49%)
2.61%
2.61%
1.06%
2.78%
6.35%
8.30%
14.28%
14.33%
Operating Margin (88.68%)
(88.68%)
6.62%
6.62%
7.93%
20.89%
17.64%
29.35%
35.96%
36.13%
Capital Employed $ (Millions) (249.00) (606.90) 438.00 (308.73) (118.22)
Return on Capital Employed 1,068.83%
1,068.83%
n/a
n/a
24.53%
64.65%
n/a
n/a
n/a
n/a
Invested Equity Capital $ (Millions) 4,078.70 7,311.20 8,996.90 1,599.59 23.95
           
Earnings per Share - Basic (886.15¢)
(886.09¢)
(4.87¢)
(4.87¢)
120.94¢
75.38¢
58.54¢
108.83¢
84.75¢
85.25¢
Earnings per Share - Diluted (886.15¢)
(886.09¢)
(4.87¢)
(4.81¢)
117.62¢
73.31¢
56.71¢
105.44¢
82.35¢
82.84¢
Earnings per Share - Adjusted (886.15)¢ (4.87)¢ 120.94¢ 133.58¢ 100.32¢
Earnings per Share Growth - Basic n/a
n/a
n/a
n/a
107%
-31%
-31%
28%
9%
10%
Earnings per Share Growth - Diluted n/a
n/a
n/a
n/a
107%
-30%
-31%
27%
10%
10%
Earnings per Share Growth - Adjusted n/a n/a -10% 33% 14%
PE Ratio - Diluted n/a
n/a
n/a
n/a
14.3
23.0
30.7
16.5
13.2
13.1
PEG - Diluted n/a
n/a
n/a
n/a
0.1
n/a
n/a
0.6
1.3
1.3
Tax Rate (1.16%) 46.92% (1,973.90%) (10.87%) 17.42%
Dividend Cover (57.17)
(57.17)
(0.08)
(0.08)
1.20
0.75
2.76
2.25
2.28
1.94
Interest Cover (9.44)
(9.44)
0.88
0.88
1.10
2.86
2.63
4.36
19.04
19.12
           
Continuing & Discontinued Operations          
Earnings per Share - Basic (884.63¢)
(884.57¢)
388.50¢
388.47¢
38.24¢
27.14¢
58.54¢
108.83¢
84.75¢
85.25¢
Earnings per Share - Diluted (884.63¢)
(884.57¢)
384.35¢
384.30¢
37.19¢
26.39¢
56.71¢
105.44¢
82.35¢
82.84¢
Earnings per Share - Adjusted (884.63¢) 388.50¢ 38.24¢ 133.58¢ 100.32¢
Earnings per Share Growth - Basic n/a
n/a
916%
1,332%
-35%
-75%
-31%
28%
9%
10%
Earnings per Share Growth - Diluted n/a
n/a
934%
1,356%
-34%
-75%
-31%
27%
10%
10%
Earnings per Share Growth - Adjusted n/a 916% -71% 33% 14%
PE Ratio - Diluted n/a
n/a
3.8
3.8
45.3
63.9
30.7
16.5
13.2
13.1
PEG - Diluted n/a
n/a
0.0
0.0
n/a
n/a
n/a
0.6
1.3
1.3
Dividend Cover (57.07)
(57.07)
6.66
6.66
0.38
0.27
2.76
2.25
2.28
1.94
Return on Equity (ROE) (72.81%)
(72.81%)
20.09%
20.09%
2.48%
1.17%
6.34%
11.83%
509.63%
512.67%
Operating Cash Flow per Share 202.03¢ 175.03¢ 157.67¢ 138.07¢ 121.46¢
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share 113.64¢ (70.14¢) 34.69¢ 120.23¢ (3.57¢)
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 15.50¢ 58.33¢ 100.56¢ 48.40¢ 44.00¢
Dividend per Share Growth (73.43%) (42.00%) 107.78% 10.00% 10.00%
Dividend Yield 5.2% 4.0% 6.0% 2.8% 4.0%
Shareholders Funds 3,215.10 6,275.00 7,791.00 1,277.08 (16.25)
Net Borrowings $ (Millions) 4,153.50 4,338.50 4,253.50 1,403.54 261.03
Net Asset Value per Share (inc. Intangibles) (1,788.29¢) (1,676.43¢) (1,451.84¢) (1,309.85¢) (289.44¢)

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing - inc Intangibles 31-Oct-20 31-Oct-19 31-Oct-18 30-Apr-15 30-Apr-14
Shareholders' Funds inc Intangibles 3,215.10 6,275.00 7,791.00 1,277.08 (16.25)
Net Borrowings $ (Millions) 4,153.50 4,338.50 4,253.50 1,403.54 261.03
Net Gearing 129.19% 69.14% 54.60% 109.89% n/a
Cash & Near Cash 737.20 355.70 620.90 241.32 32.80
Cash 22.93% 5.67% 7.97% 18.90% (201.83%)
Gross Borrowings 4,890.70 4,694.20 4,874.40 1,644.86 293.83
Gross Gearing 152.12% 74.81% 62.56% 128.79% 1,808.07%
Borrowings Under 5 years 4,890.70 4,694.20 4,874.40 1,644.86 293.83
Under 5 years 152.12% 74.81% 62.56% 128.80% (1,808.07%)
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing - exc Intangibles 31-Oct-20 31-Oct-19 31-Oct-18 30-Apr-15 30-Apr-14
Shareholders' Funds exc Intangibles (6,003.30) (6,338.60) (5,643.30) (2,276.89) (416.97)
Net Borrowings $ (Millions) 4,153.50 4,338.50 4,253.50 1,403.54 261.03
Net Gearing (69.19%) (68.45%) (75.37%) (61.64%) (62.60%)
Cash & Near Cash 737.20 355.70 620.90 241.32 32.80
Cash (12.28%) (5.61%) (11.00%) (10.60%) (7.87%)
Gross Borrowings 4,890.70 4,694.20 4,874.40 1,644.86 293.83
Gross Gearing 81.47% 74.06% 86.37% 72.24% 70.47%
Borrowings Under 5 years 4,890.70 4,694.20 4,874.40 1,644.86 293.83
Under 5 years (81.47%) (74.06%) (86.37%) (72.24%) (70.47%)
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Cover 31-Oct-20 31-Oct-19 31-Oct-18 30-Apr-15 30-Apr-14
Quick Ratio n/a 0.80 0.95 0.47 0.25
Current Ratio 0.86 0.80 0.95 0.47 0.25

Key

* GAAP

a. Includes discontinued activities

b. Based on operating cash flow before tax

c. Not disclosed under IFRS

d. Includes non-current assets

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: Normalised ratios are shown in blue text

Note 6: Forecast figures based on normalised accounts.

 

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