Cobham (COB)

Sector:

Defense and Aeronautics

Index:

FTSE 250

156.30p
   
  • Change Today:
      0.100p
  • 52 Week High: 168.30p
  • 52 Week Low: 96.84p
  • Currency: UK Pounds
  • Shares Issued: 2,391.01m
  • Volume: 10,980,862
  • Market Cap: £3,737.15m
  • RiskGrade: 173
  • Beta: 0.36

Dividend Data

  31-Dec-1831-Dec-1731-Dec-1631-Dec-1531-Dec-14
Total Dividendn/an/a2.03p11.18p10.65p
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 1,863.30 2,091.60 1,943.90 2,072.00 1,851.70
Operating Profit/(Loss) 111.90 106.90 (779.10) 12.00 57.60
Net Interest (40.90) (37.20) (68.80) (51.80) (33.30)
Profit Before Tax 71.00 69.70 (847.90) (39.80) 24.30
Profit After Tax 73.70 84.10 (795.10) (37.70) 29.00
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 73.70 84.10 (795.10) (37.70) 29.00
Attributable to:          
Equity Holders of Parent Company 73.50 83.90 (795.20) (37.80) 28.80
Minority Interests 0.20 0.20 0.10 0.10 0.20
           
Continuing EPS          
Earnings per Share - Basic 3.10p 3.70p (39.89p) (2.80p) 2.26p
Earnings per Share - Diluted 3.10p 3.70p (39.89p) (2.80p) 2.24p
Earnings per Share - Adjusted 5.00p 6.20p 6.78p 16.50p 16.05p
Continuing and Discontinued EPS          
Earnings per Share - Basic 3.10p 3.70p (39.89p) (2.80p) 2.26p
Earnings per Share - Diluted 3.10p 3.70p (39.89p) (2.80p) 2.24p
Earnings per Share - Adjusted 5.00p 6.20p 6.78p 16.50p 16.05p
           
Dividend per Share n/a n/a 1.76p 11.18p 9.25p
  £ (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 388.20 380.90 422.90 379.90 390.00
Intangible Assets 821.20 893.80 1,165.90 1,729.50 2,040.80
Investment Properties 2.30 2.40 3.60 4.30 10.40
Investments 4.10 3.60 3.60 3.00 3.10
Other Financial Assets 39.50 6.10 25.80 12.60 6.10
Other Non-Current Assets 197.10 176.60 109.90 82.70 69.20
  1,452.40 1,463.40 1,731.70 2,212.00 2,519.60
Current Assets          
Inventories 276.00 254.20 405.30 410.40 429.50
Trade & Other Receivables 330.00 419.70 409.80 374.60 435.70
Cash at Bank & in Hand 406.90 451.90 236.20 294.70 225.60
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 132.60 189.30 11.60 25.90 10.80
  1,145.50 1,315.10 1,062.90 1,105.60 1,101.60
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 2,597.90 2,778.50 2,794.60 3,317.60 3,621.20
           
Liabilities          
Current Liabilities          
Borrowings 58.60 0.10 60.90 156.40 1.50
Other Current Liabilities 803.80 771.80 804.70 640.80 705.90
  862.40 771.90 865.60 797.20 707.40
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 338.00 835.30 1,203.50 1,345.10 1,446.80
Provisions 112.70 36.90 84.90 170.20 201.00
Other Non-Current Liabilities 93.10 102.00 150.70 95.40 153.70
  543.80 974.20 1,439.10 1,610.70 1,801.50
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,406.20 1,746.10 2,304.70 2,407.90 2,508.90
           
Net Assets 1,191.70 1,032.40 489.90 909.70 1,112.30
           
Capital & Reserves          
Share Capital 61.70 61.70 44.60 30.40 30.40
Share Premium Account 1,257.90 1,257.90 778.30 301.90 301.90
Other Reserves 32.30 (9.60) 37.90 (0.30) 42.70
Retained Earnings (161.70) (278.90) (372.00) 576.80 736.40
Shareholders Funds 1,190.20 1,031.10 488.80 908.80 1,111.40
           
Minority Interests/Other Equity 1.50 1.30 1.10 0.90 0.90
Total Equity 1,191.70 1,032.40 489.90 909.70 1,112.30
Cash Flow 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Net Cash Flow From Operating Activities 125.30 215.20 134.70 189.10 167.90
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 262.00 (75.50) (86.50) 53.90 (950.80)
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 (470.30) 137.50 (120.30) (160.10) 839.40
Net Increase/Decrease In Cash (83.00) 277.20 (72.10) 82.90 56.50
Ratios - based on IFRS 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Continuing Operations          
PE Ratio - Adjusted 19.5 20.4 21.0 12.7 14.9
PEG - Adjusted n/a n/a n/a 4.2 n/a
Earnings per Share Growth - Adjusted -19% -8% -59% 3% -14%
Dividend Cover n/a n/a 3.84 1.48 1.74
Revenue per Share 77.93p 87.48p 129.05p 155.42p 167.12p
Pre-Tax Profit per Share 2.97p 2.92p (56.29p) (2.98p) 2.19p
Operating Margin 6.01% 5.11% (40.08%) 0.58% 3.11%
Return on Capital Employed 12.72% 10.57% n/a 1.41% 7.99%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 19.5 20.4 21.0 12.7 14.9
PEG - Adjusted n/a n/a n/a 4.2 n/a
Earnings per Share Growth - Adjusted -19% -8% -59% 3% -14%
Dividend Cover n/a n/a 3.84 1.48 1.74
           
Dividend Yield 0.0% 0.0% 1.2% 5.3% 3.9%
Dividend per Share Growth n/a n/a (84.22%) 20.85% 10.02%
Operating Cash Flow per Share 5.24p 9.00p 8.94p 14.18p 15.15p
Cash Incr/Decr per Share (3.47p) 11.59p (4.79p) 6.22p 5.10p
Net Asset Value per Share (exc. Intangibles) 15.50p 5.80p (44.88p) (61.49p) (83.80p)
Net Gearing -0.87% 37.19% 210.35% 132.79% 110.01%

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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