Mears Group (MER)

Sector:

Support

Index:

FTSE Small Cap

209.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 224.00p
  • 52 Week Low: 105.50p
  • Currency: UK Pounds
  • Shares Issued: 110.90m
  • Volume: 8,302
  • Market Cap: £231.78m
  • RiskGrade: 144

Dividend Data

  31-Dec-2031-Dec-1931-Dec-1831-Dec-1731-Dec-16
Total Dividendn/a3.65p12.40p12.00p11.70p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Continuing Operations          
Revenue 805.82 881.46 771.86 900.18 940.10
Operating Profit/(Loss) (6.28) 28.09 29.70 28.51 31.16
Net Interest (10.00) (8.73) (2.32) (2.03) (1.79)
Profit Before Tax (15.22) 20.25 27.38 26.48 29.37
Profit After Tax (12.01) 17.24 23.64 22.17 25.70
Discontinued Operations          
Profit After Tax 56.81 (83.28) 1.19 (13.32) n/a
PROFIT FOR THE PERIOD 44.80 (66.05) 24.82 8.85 25.70
Attributable to:          
Equity Holders of Parent Company 44.52 (66.39) 24.00 7.58 21.53
Minority Interests 0.28 0.34 0.76 1.26 4.17
           
Continuing EPS          
Earnings per Share - Basic (10.66p) 15.72p 21.91p 20.28p 23.54p
Earnings per Share - Diluted (10.66p) 15.64p 21.78p 20.10p 23.41p
Earnings per Share - Adjusted (2.29p) 23.86p 27.87p 28.29p 35.55p
Continuing and Discontinued EPS          
Earnings per Share - Basic 40.21p (60.09p) 23.05p 7.35p 21.03p
Earnings per Share - Diluted 40.21p (59.77p) 22.91p 7.29p 20.91p
Earnings per Share - Adjusted 0.17p 8.35p 29.24p 28.29p 31.48p
           
Dividend per Share n/a 3.65p 12.40p 12.00p 11.70p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Assets          
Non-Current Assets          
Property, Plant & Equipment 223.64 224.71 24.96 22.00 20.27
Intangible Assets 134.08 151.85 240.78 210.91 219.62
Investment Properties n/a n/a n/a n/a n/a
Investments 0.97 0.54 n/a n/a n/a
Other Financial Assets n/a n/a n/a (0.34) 0.68
Other Non-Current Assets 49.68 32.06 38.81 32.00 21.70
  408.37 409.15 304.55 264.57 262.26
Current Assets          
Inventories 31.26 36.04 29.75 18.70 11.23
Trade & Other Receivables 139.88 164.09 170.85 153.91 157.18
Cash at Bank & in Hand 96.22 72.91 27.88 24.77 52.90
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 0.36 11.19 13.05 14.05 0.84
  267.72 284.23 241.53 211.43 222.15
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 676.09 693.38 546.08 476.01 484.42
           
Liabilities          
Current Liabilities          
Borrowings 42.89 39.17 30.38 13.94 5.28
Other Current Liabilities 221.83 209.54 189.79 184.74 189.29
  264.72 248.71 220.17 198.68 194.57
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 205.54 290.05 79.67 50.56 60.00
Provisions n/a 1.57 8.61 7.10 7.12
Other Non-Current Liabilities 49.78 34.71 27.35 10.08 24.06
  255.32 326.33 115.63 67.74 91.18
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 520.04 575.04 335.80 266.42 285.75
           
Net Assets 156.05 118.34 210.28 209.59 198.67
           
Capital & Reserves          
Share Capital 1.11 1.11 1.11 1.04 1.03
Share Premium Account 82.22 82.22 82.22 60.20 58.32
Other Reserves 8.52 15.25 48.19 47.36 47.41
Retained Earnings 63.54 19.84 79.19 100.90 92.56
Shareholders Funds 155.39 118.42 210.71 209.49 199.32
           
Minority Interests/Other Equity 0.66 (0.09) (0.43) 0.10 (0.64)
Total Equity 156.05 118.34 210.28 209.59 198.67
Cash Flow 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Net Cash Flow From Operating Activities 105.79 88.44 0.64 15.54 25.71
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 52.56 (5.48) (40.57) (27.50) (23.13)
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 (135.19) (37.78) 43.04 (16.17) (15.78)
Net Increase/Decrease In Cash 23.16 45.19 3.11 (28.13) (13.20)
Ratios - based on IFRS 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Continuing Operations          
PE Ratio - Adjusted n/a 12.3 11.7 14.5 12.8
PEG - Adjusted n/a n/a n/a n/a 0.5
Earnings per Share Growth - Adjusted n/a -14% -2% -20% 26%
Dividend Cover n/a 6.54 2.25 2.36 3.04
Revenue per Share 726.62p 794.83p 696.00p 811.71p 847.71p
Pre-Tax Profit per Share (13.72p) 18.26p 24.69p 23.88p 26.48p
Operating Margin (0.78%) 3.19% 3.85% 3.17% 3.31%
Return on Capital Employed n/a 9.75% 33.69% 40.57% 60.56%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 905.9 35.2 11.1 14.5 14.5
PEG - Adjusted n/a n/a 3.7 n/a 0.3
Earnings per Share Growth - Adjusted -98% -71% 3% -10% 53%
Dividend Cover n/a 2.29 2.36 2.36 2.69
           
Dividend Yield 0.0% 1.2% 3.8% 2.9% 2.6%
Dividend per Share Growth n/a (70.56%) 3.33% 2.56% 6.36%
Operating Cash Flow per Share 95.39p 79.75p 0.58p 14.01p 23.18p
Cash Incr/Decr per Share 20.88p 40.74p 2.80p (25.37p) (11.90p)
Net Asset Value per Share (exc. Intangibles) 19.81p (30.22p) (27.50p) (1.19p) (18.89p)
Net Gearing 97.95% 216.44% 39.00% 18.96% 6.21%

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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