Value and Indexed Property Income Trust (VIP)

Sector:

Investment Firms

Index:

FTSE Small Cap

231.00p
   
  • Change Today:
    -5.00p
  • 52 Week High: 238.00
  • 52 Week Low: 148.00
  • Currency: UK Pounds
  • Shares Issued: 43.56m
  • Volume: 33,806
  • Market Cap: £100.62m
  • RiskGrade: 178

Dividend Data

  31-Mar-2131-Mar-2031-Mar-1931-Mar-1831-Mar-17
Q1 Dividend2.90p2.90p2.80p2.70p2.60p
Q2 Dividend2.90p2.90p2.80p2.70p2.60p
Q3 Dividend2.90p2.90p2.80p2.70p2.60p
Q4 Dividend3.60pn/a3.40p3.30p3.20p
Total Dividend12.30p12.10p11.80p11.40p11.00p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18 31-Mar-17
Continuing Operations          
Revenue 8.93 10.74 10.72 10.07 10.15
Operating Profit/(Loss) 7.86 9.52 9.59 8.95 9.17
Net Interest (5.08) (4.61) (4.33) (4.17) (4.08)
Profit Before Tax 2.78 4.91 5.26 4.78 5.09
Profit After Tax 2.42 4.65 5.02 4.53 5.09
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 2.42 4.65 5.02 4.53 5.09
Attributable to:          
Equity Holders of Parent Company 2.42 4.65 5.02 4.53 5.09
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 5.35p 10.21p 11.02p 9.94p 11.17p
Earnings per Share - Diluted 5.35p 10.21p 11.02p 9.94p 11.17p
Earnings per Share - Adjusted 5.35p 10.21p 11.02p 9.94p 11.17p
Continuing and Discontinued EPS          
Earnings per Share - Basic 5.35p 10.21p 11.02p 9.94p 11.17p
Earnings per Share - Diluted 5.35p 10.21p 11.02p 9.94p 11.17p
Earnings per Share - Adjusted 5.35p 10.21p 11.02p 9.94p 11.17p
           
Dividend per Share 12.30p 12.10p 11.80p 11.40p 11.00p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18 31-Mar-17
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 81.13 74.46 73.07 68.70 66.78
Investments 28.58 90.76 128.71 128.93 137.57
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 3.28 0.49 0.39 0.29 n/a
  112.99 165.70 202.17 197.91 204.35
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 0.97 0.67 0.91 0.71 0.74
Cash at Bank & in Hand 65.96 26.43 4.34 3.64 4.29
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a n/a n/a
  66.94 27.10 5.24 4.35 5.03
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 179.93 192.80 207.41 202.26 209.38
           
Liabilities          
Current Liabilities          
Borrowings n/a 15.00 n/a n/a n/a
Other Current Liabilities 2.32 1.62 1.81 1.85 2.12
  2.32 16.62 1.81 1.85 2.12
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 56.66 56.62 49.91 49.90 49.88
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities 2.86 4.24 4.26 n/a n/a
  59.52 60.87 54.17 49.90 49.88
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 61.84 77.49 55.98 51.74 52.01
           
Net Assets 118.08 115.31 151.43 150.52 157.38
           
Capital & Reserves          
Share Capital 4.55 4.55 4.55 4.55 4.55
Share Premium Account 18.45 18.45 18.45 18.45 18.45
Other Reserves n/a n/a n/a n/a n/a
Retained Earnings 95.08 92.31 128.43 127.52 134.38
Shareholders Funds 118.08 115.31 151.43 150.52 157.38
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 118.08 115.31 151.43 150.52 157.38
Cash Flow 31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18 31-Mar-17
Net Cash Flow From Operating Activities 7.28 8.54 8.53 7.71 9.13
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 62.26 1.70 1.81 0.89 (8.94)
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 (29.99) 11.85 (9.64) (9.26) 0.62
Net Increase/Decrease In Cash 39.54 22.09 0.70 (0.65) 0.81
Ratios - based on IFRS 31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18 31-Mar-17
Continuing Operations          
PE Ratio - Adjusted 40.7 16.2 22.8 26.4 22.8
PEG - Adjusted n/a n/a 2.1 n/a 11.4
Earnings per Share Growth - Adjusted -48% -7% 11% -11% 2%
Dividend Cover 0.43 0.84 0.93 0.87 1.02
Revenue per Share 0.21p 24.67p 24.60p 23.12p 23.30p
Pre-Tax Profit per Share 0.064p 11.28p 12.07p 10.98p 11.69p
Operating Margin 88.00% 88.62% 89.46% 88.90% 90.34%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 4,036.8 16.2 22.8 26.4 22.8
PEG - Adjusted n/a n/a 2.1 n/a 11.4
Earnings per Share Growth - Adjusted -100% -7% 11% -11% 2%
Dividend Cover n/a 0.84 0.93 0.87 1.02
           
Dividend Yield 5.6% 7.3% 4.7% 4.4% 4.3%
Dividend per Share Growth 1.65% 2.54% 3.51% 3.64% 4.76%
Operating Cash Flow per Share 16.70p 19.60p 19.57p 17.70p 20.96p
Cash Incr/Decr per Share 0.92p 50.72p 1.60p (1.50p) 1.86p
Net Asset Value per Share (exc. Intangibles) 271.10p 264.72p 347.66p 345.56p 361.32p
Net Gearing -7.88% 39.20% 30.10% 30.73% 28.97%

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.

 

Top of Page