Spirax-Sarco Engineering (SPX)

Sector:

Engineering

Index:

FTSE 100

14,650.00p
   
  • Change Today:
    115.00p
  • 52 Week High: 14,670.00
  • 52 Week Low: 10,175.00
  • Currency: UK Pounds
  • Shares Issued: 73.77m
  • Volume: 89,822
  • Market Cap: £10,807m
  • RiskGrade: 124

Dividend Data

  31-Dec-2031-Dec-1931-Dec-1831-Dec-1731-Dec-16
Interim Dividend33.50p32.00p29.00p25.50p22.50p
Final Dividend84.50p78.00p71.00p62.00p53.50p
Total Dividend118.00p110.00p100.00p87.50p76.00p
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 1,193.40 1,242.40 1,153.30 998.70 757.40
Operating Profit/(Loss) 249.00 245.00 299.10 198.90 174.10
Net Interest (8.70) (8.40) (10.30) (6.40) (2.60)
Profit Before Tax 240.10 236.80 288.80 192.50 171.40
Profit After Tax 173.90 167.00 223.40 157.90 121.30
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 173.90 167.00 223.40 157.90 121.30
Attributable to:          
Equity Holders of Parent Company 173.60 166.60 223.10 157.60 121.10
Minority Interests 0.30 0.40 0.30 0.30 0.20
           
Continuing EPS          
Earnings per Share - Basic 235.50p 226.20p 303.10p 214.40p 165.00p
Earnings per Share - Diluted 234.80p 225.50p 302.00p 213.60p 164.50p
Earnings per Share - Adjusted 256.60p 265.70p 250.00p 220.50p 171.50p
Continuing and Discontinued EPS          
Earnings per Share - Basic 235.50p 226.20p 303.10p 214.40p 165.00p
Earnings per Share - Diluted 234.80p 225.50p 302.00p 213.60p 164.50p
Earnings per Share - Adjusted 256.60p 265.70p 250.00p 220.50p 171.50p
           
Dividend per Share 118.00p 110.00p 100.00p 87.50p 76.00p
  £ (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 297.60 292.00 230.80 227.50 201.80
Intangible Assets 702.70 721.60 645.20 631.30 169.70
Investment Properties n/a n/a n/a n/a n/a
Investments n/a 0.20 n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 52.30 41.70 47.50 42.50 42.40
  1,052.60 1,055.50 923.50 901.30 413.90
Current Assets          
Inventories 180.10 185.90 160.60 145.40 112.50
Trade & Other Receivables 226.30 240.70 245.10 237.50 185.50
Cash at Bank & in Hand 246.20 330.60 187.10 152.10 119.20
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 39.90 43.70 37.50 40.20 32.90
  692.50 800.90 630.30 575.20 450.10
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 1,745.10 1,856.40 1,553.80 1,476.50 864.00
           
Liabilities          
Current Liabilities          
Borrowings 33.10 207.70 57.60 69.80 33.60
Other Current Liabilities 194.90 205.00 195.70 176.90 128.60
  228.00 412.70 253.30 246.70 162.20
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 476.00 457.00 365.30 455.90 58.20
Provisions 81.40 85.20 80.50 76.50 23.50
Other Non-Current Liabilities 103.70 75.20 87.80 87.90 95.70
  661.10 617.40 533.60 620.30 177.40
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 889.10 1,030.10 786.90 867.00 339.60
           
Net Assets 856.00 826.30 766.90 609.50 524.40
           
Capital & Reserves          
Share Capital 19.80 19.80 19.80 19.80 19.80
Share Premium Account 84.80 81.00 77.80 75.10 72.70
Other Reserves (36.10) (10.60) 22.20 19.30 44.60
Retained Earnings 786.50 735.10 646.00 494.20 386.30
Shareholders Funds 855.00 825.30 765.80 608.40 523.40
           
Minority Interests/Other Equity 1.00 1.00 1.10 1.10 1.00
Total Equity 856.00 826.30 766.90 609.50 524.40
Cash Flow 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Net Cash Flow From Operating Activities 259.20 227.40 212.60 159.40 157.90
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 (51.10) (175.40) 18.40 (375.90) (96.40)
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 (152.50) (57.50) (191.40) 242.40 (52.60)
Net Increase/Decrease In Cash 55.60 (5.50) 39.60 25.90 8.90
Ratios - based on IFRS 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Continuing Operations          
PE Ratio - Adjusted 44.0 33.5 25.0 25.5 24.4
PEG - Adjusted n/a 5.6 1.9 0.9 1.2
Earnings per Share Growth - Adjusted -3% 6% 13% 29% 20%
Dividend Cover 2.17 2.42 2.50 2.52 2.26
Revenue per Share 1,619.27p 1,685.75p 1,566.98p 1,353.88p 1,026.76p
Pre-Tax Profit per Share 325.78p 321.30p 392.39p 260.96p 232.36p
Operating Margin 20.86% 19.72% 25.93% 19.92% 22.99%
Return on Capital Employed 33.45% 28.69% 47.85% 34.27% 37.02%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 44.0 33.5 25.0 25.5 24.4
PEG - Adjusted n/a 5.6 1.9 0.9 1.2
Earnings per Share Growth - Adjusted -3% 6% 13% 29% 20%
Dividend Cover 2.17 2.42 2.50 2.52 2.26
           
Dividend Yield 1.0% 1.2% 1.6% 1.6% 1.8%
Dividend per Share Growth 7.27% 10.00% 14.29% 15.13% 10.14%
Operating Cash Flow per Share 351.70p 308.55p 288.86p 216.09p 214.06p
Cash Incr/Decr per Share 75.44p (7.46p) 53.80p 35.11p 12.06p
Net Asset Value per Share (exc. Intangibles) 208.00p 142.06p 165.35p (29.55p) 480.85p
Net Gearing 30.75% 40.48% 30.79% 61.41% -5.24%

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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