Highcroft Investment (HCFT)

Sector:

Property Investment Trusts

Index:

FTSE Fledgling

 685.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 947.50
  • 52 Week Low: 635.00
  • Currency: UK Pounds
  • Shares Issued: 5.18m
  • Volume: 923
  • Market Cap: £35.45m
  • RiskGrade: 56

Dividend Data

  31-Dec-1931-Dec-1831-Dec-1731-Dec-1631-Dec-15
Interim Dividend21.00p18.75p16.25p15.00p14.30p
Final Dividend27.00p33.75p30.00p26.00p24.50p
Total Dividend48.00p52.50p46.25p41.00p38.80p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Continuing Operations          
Revenue 5.84 5.10 4.86 4.05 3.44
Operating Profit/(Loss) 4.83 5.14 3.94 3.33 3.17
Net Interest (0.85) (0.70) (0.65) (0.49) (0.36)
Profit Before Tax 3.98 4.45 3.29 2.84 2.81
Profit After Tax 4.05 4.51 3.35 2.91 2.87
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 4.05 4.51 3.35 2.91 2.87
Attributable to:          
Equity Holders of Parent Company 4.05 4.51 3.35 2.91 2.87
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 22.30p 95.30p 132.30p 56.36p 55.60p
Earnings per Share - Diluted 22.30p 95.30p 132.30p 56.36p 55.60p
Earnings per Share - Adjusted 78.50p 87.30p 64.80p 56.36p 55.60p
Continuing and Discontinued EPS          
Earnings per Share - Basic 22.30p 95.30p 132.30p 56.36p 55.60p
Earnings per Share - Diluted 22.30p 95.30p 132.30p 56.36p 55.60p
Earnings per Share - Adjusted 78.50p 87.30p 64.80p 56.36p 55.60p
           
Dividend per Share 48.00p 52.50p 46.25p 41.00p 38.80p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Assets          
Non-Current Assets          
Property, Plant & Equipment n/a n/a n/a n/a n/a
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 86.71 77.70 76.31 63.74 57.96
Investments n/a 0.68 2.13 2.47 3.15
Other Financial Assets n/a n/a 0.01 n/a 0.01
Other Non-Current Assets n/a n/a n/a n/a n/a
  86.71 78.38 78.45 66.21 61.12
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 1.15 0.47 0.54 0.63 0.64
Cash at Bank & in Hand 1.56 5.20 1.90 3.37 4.85
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a 0.80 2.26 n/a
  2.71 5.67 3.24 6.26 5.49
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 89.42 84.05 81.69 72.47 66.61
           
Liabilities          
Current Liabilities          
Borrowings 4.00 n/a n/a n/a n/a
Other Current Liabilities 2.50 2.23 2.05 1.87 1.66
  6.50 2.23 2.05 1.87 1.66
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 22.20 19.40 19.40 14.90 11.50
Provisions n/a 0.03 0.25 0.38 0.42
Other Non-Current Liabilities n/a n/a n/a n/a n/a
  22.20 19.43 19.65 15.28 11.92
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 28.70 21.67 21.71 17.14 13.59
           
Net Assets 60.72 62.38 59.98 55.33 53.02
           
Capital & Reserves          
Share Capital 1.29 1.29 1.29 1.29 1.29
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves 42.03 47.82 45.26 42.05 41.11
Retained Earnings 17.40 13.28 13.43 11.98 10.62
Shareholders Funds 60.72 62.38 59.98 55.33 53.02
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 60.72 62.38 59.98 55.33 53.02
Cash Flow 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Net Cash Flow From Operating Activities 3.56 3.62 3.57 2.91 2.52
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 (11.17) 2.20 (7.35) (5.75) (5.30)
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 3.97 (2.52) 2.32 1.36 5.59
Net Increase/Decrease In Cash (3.64) 3.30 (1.47) (1.48) 2.81
Ratios - based on IFRS 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Continuing Operations          
PE Ratio - Adjusted 12.0 10.1 13.7 15.9 17.8
PEG - Adjusted n/a 0.3 0.9 15.9 n/a
Earnings per Share Growth - Adjusted -10% 35% 15% 1% -59%
Dividend Cover 1.64 1.66 1.40 1.37 1.43
Revenue per Share 112.85p 98.55p 93.91p 78.26p 66.47p
Pre-Tax Profit per Share 76.91p 85.99p 63.57p 54.88p 54.30p
Operating Margin 82.71% 100.78% 81.07% 82.22% 92.15%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 12.0 10.1 13.7 15.9 17.8
PEG - Adjusted n/a 0.3 0.9 15.9 n/a
Earnings per Share Growth - Adjusted -10% 35% 15% 1% -59%
Dividend Cover 1.64 1.66 1.40 1.37 1.43
           
Dividend Yield 5.1% 5.9% 5.2% 4.6% 3.9%
Dividend per Share Growth (8.57%) 13.51% 12.80% 5.67% 7.78%
Operating Cash Flow per Share 68.79p 69.95p 68.98p 56.23p 48.69p
Cash Incr/Decr per Share (70.34p) 63.77p (28.41p) (28.60p) 54.30p
Net Asset Value per Share (exc. Intangibles) 1,173.29p 1,205.37p 1,158.99p 1,069.14p 1,024.51p
Net Gearing 40.58% 22.76% 29.18% 20.84% 12.54%

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.

 

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