AADV

Albion Development Vct (AADV)

Company name:	Albion Development Vct Plc
EPIC:	AADV	Trading Currency:	GBX
Market Sector:	SQQ3	ISIN:	GB0004832472
Market Segment:	SSQ3	Share Type:	DE
WWW Address:		Description:	ORD 1P
Industry Sector:	EQUITY INVESTMENT INSTRUMENTS

Price	Price Change [%]	Bid	Ask	Open	High	Low	Volume
86.50	0.0 [0.00]	85.00	88.00	86.50	86.50	86.50	-
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
79.80	92.25	0.01	0.02	4.24	4,325.00	4.90	92.50 - 86.25

Albion Development Vct Key Figures

Key Figures
(at previous day's close)
Market Cap.	79.80	m
Shares In Issue	92.25	m
Prev. Close	86.50
PE Ratio	4,325.00
Dividend Yield	4.90	%
EPS - basic	0.02	p
Dividend PS	4.24	p
Dividend Cover	0.00
Cash Flow PS	-1.03	p
Return On Equity (ROE)	0.02	%
Operating Margin	-	%
PEG Factor	-44.47
EPS Growth Rate	-97.26	%
Dividends PS Growth Rate	-5.78	%
Net Debt	-15.10	m
Gross Gearing	0.71	%
Quick Assets	17.40	m
Net Working Capital	16.86	m
Intangibles / Fixed Assets	-	%
Turnover PS	-	p
Pre-Tax Profit PS	0.02	p
Retained Profit PS	-3.51	p
Cash PS	16.96	p
Net Cash PS	16.37	p
Net Tangible Asset Value PS *	82.23	p
Net Asset Value PS	82.23	p
Spread	3.00 (3.41%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Albion Development Vct Balance Sheet

%1$s Balance Sheet

Share Price Performance

Share Price Performance
Sample Period ^†	High	Low
1 week	86.50	86.25
4 weeks	87.00	86.25
12 weeks	87.00	86.25
1 year	92.50	86.25

Share Price Chart (5 years)

Albion Development Vct Historic Returns

%1$s Historic Returns
Giorni da oggi ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	86.50	-	-	86.25	0.01		86.50
4 weeks	87.00	-0.50	-0.57	86.25	0.01		86.60
12 weeks	87.00	-0.50	-0.57	86.25	0.02		86.93
26 weeks	90.50	-4.00	-4.42	86.25	0.02		87.09
1 year	88.50	-2.00	-2.26	86.25	0.02		89.08
3 years	79.50	7.00	8.81	71.50	0.01		82.80
5 years	68.50	18.00	26.28	68.50	0.01		80.84
† periods calculated are whole weeks rather than calendar months

Albion Development Vct Key Management Ratios

DEEPER ANALYSIS

Albion Development Vct Investment Ratios

%1$s Investment Ratios
(Market value analysis) at previous day's close
PQ Ratio	-
PE Ratio	4,325.00
Tobin's Q Ratio	1.09
Tobin's Q Ratio (excl. intangibles)	1.09
Dividend Yield	4.90	%
Market-to-Book Ratio	1.05
Price-to-Pre-Tax Profit PS	4,694.12
Price-to-Retained Profit PS	-24.68
Price-to-Cash Flow PS	-84.09
Price-to-Sales PS	-
Price-to-Net Tangible Asset Value PS	1.05
Price-to-Cash PS	5.10
Net Working Capital PS	18.28
Price Pct to Working Capital PS	4.73	%
Earnings Yield	0.02	%
Average PE	921.95
Years in average	5
PE to PE average	469.12	%

Albion Development Vct Financial Ratios

%1$s Financial Ratios
(Leverage Ratios)
Debt Ratio	-	%
Debt-to-Equity Ratio	-
Debt-to-Equity Ratio (excl. Intgbl)	-
Debt-to-Equity Market Value	-
Net Gearing	-19.77	%
Net Gearing (excl. Intangibles)	-19.77	%
Gross Gearing	0.71	%
Gross Gearing (excl. Intangibles)	0.71	%
Gearing Under 1 Year	0.71	%
Gearing Under 1 Year (excl. Intgbl)	0.71	%
Assets/Equity	1.01
Cash/Equity	20.62
(Liquidity Ratios)
Net Working Capital to Total Assets	22.07	%
Current Ratio	32.17
Quick Ratio (Acid Test)	32.17
Liquidity Ratio	28.92
Cash & Equiv/Current Assets	89.90	%
(Solvency Ratios)
Enterprise Value	64.16	m
CFO/Sales	-
CFO/Attributable Profit	-
CFO/Assets	-0.01
CFO/Debt	-1.75
Total Debt/Equity Market Value	0.01
Total Debt/Sales	-
Total Debt/Pre-Tax Profit	31.82
Total Debt	0.54	m
Total Debt/Net Current Assets	0.03	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	10

Beta coefficients
Beta (60-Mnth)	Beta (36-Mnth)
0.0089	0.0148

Albion Development Vct Operating Ratios

%1$s Operating Ratios
(Profitability Ratios)
Return On Capital Employed (ROCE)	0.02	%
Return On Assets (ROA)	0.02	%
Net Profit Margin	-	%
Assets Turnover	-
Return On Equity (ROE)	0.02	%
Return On Investment (ROI)	0.02	%
Dividend Payout Ratio	21,200.00	%
Plowback Ratio	-21,100.00	%
Growth from Plowback Ratio	-4.93	%
Net Income Of Revenues	-	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	-
Fixed Assets Turnover	-
Current Assets Turnover	-
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	-
Debtors-to-Sales	-	%
Debt Collection Period	-	Days

Albion Development Vct Dividends

%1$s Dividends
Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
26 Mar 2021	Interim	GBX	2.06	12/31/2020	12/31/2021	05/06/2021	05/07/2021	05/28/2021	-
03 Sep 2020	Interim	GBX	1.99	12/31/2019	12/31/2020	09/10/2020	09/11/2020	09/30/2020	4.24
27 Mar 2020	Interim	GBX	2.25	12/31/2019	12/31/2020	05/08/2020	05/11/2020	05/29/2020	-
03 Sep 2019	Interim	GBX	2.25	12/31/2018	12/31/2019	09/12/2019	09/13/2019	09/30/2019	4.50
25 Mar 2019	Interim	GBX	2.25	12/31/2018	12/31/2019	05/02/2019	05/03/2019	05/31/2019	-
04 Sep 2018	Interim	GBX	2.00	12/31/2017	12/31/2018	09/13/2018	09/14/2018	09/28/2018	4.00
29 Mar 2018	Interim	GBX	2.00	12/31/2017	12/31/2018	05/03/2018	05/04/2018	05/31/2018	-
31 Aug 2017	Interim	GBX	2.00	12/31/2016	12/31/2017	09/07/2017	09/08/2017	09/29/2017	4.50
23 Mar 2017	Interim	GBX	2.50	12/31/2016	12/31/2017	05/04/2017	05/05/2017	05/31/2017	-
31 Aug 2016	Interim	GBX	2.50	12/31/2015	12/31/2016	09/08/2016	09/09/2016	09/30/2016	5.00
23 Mar 2016	Interim	GBX	2.50	12/31/2015	12/31/2016	05/05/2016	05/06/2016	05/31/2016	-
26 Aug 2015	Interim	GBX	2.50	12/31/2014	12/31/2015	09/10/2015	09/11/2015	09/30/2015	5.00
10 Mar 2015	Interim	GBX	2.50	12/31/2014	12/31/2015	04/30/2015	05/01/2015	05/29/2015	-
19 Aug 2014	Final	GBX	2.50	12/31/2013	12/31/2014	09/03/2014	09/05/2014	09/30/2014	5.00
16 May 2014	Interim	GBX	2.50	12/31/2013	12/31/2014	05/07/2014	05/09/2014	05/30/2014	-
22 Aug 2013	Final	GBX	2.50	12/31/2012	12/31/2013	09/04/2013	09/06/2013	09/30/2013	5.00
12 Apr 2013	Interim	GBX	2.50	12/31/2012	12/31/2013	05/01/2013	05/03/2013	05/31/2013	-
16 Aug 2012	Final	GBX	2.50	12/31/2011	12/31/2012	08/29/2012	08/31/2012	09/28/2012	5.00
12 Apr 2012	Interim	GBX	2.50	12/31/2011	12/31/2012	05/02/2012	05/04/2012	05/31/2012	-
24 Aug 2011	Final	GBX	2.50	12/31/2010	12/31/2011	08/31/2011	09/02/2011	09/30/2011	5.00
06 Apr 2011	Interim	GBX	2.50	12/31/2010	12/31/2011	05/01/2011	05/03/2011	05/31/2011	-
24 Aug 2010	Final	GBX	4.00	12/31/2009	12/31/2010	09/01/2010	09/03/2010	09/30/2010	8.00
25 Mar 2010	Interim	GBX	4.00	12/31/2009	12/31/2010	04/04/2010	04/06/2010	05/04/2010	-
20 Aug 2009	Final	GBX	4.00	12/31/2008	12/31/2009	08/26/2009	08/28/2009	09/25/2009	8.00
04 Dec 2008	Interim	GBX	4.00	12/31/2008	12/31/2009	12/10/2008	12/12/2008	12/30/2008	-
27 Aug 2008	Final	GBX	2.50	12/31/2007	12/31/2008	09/03/2008	09/05/2008	10/03/2008	5.00
07 Apr 2008	Interim	GBX	2.50	12/31/2007	12/31/2008	04/16/2008	04/18/2008	05/16/2008	-
30 Aug 2007	Final	GBX	3.50	12/31/2006	12/31/2007	09/05/2007	09/07/2007	10/05/2007	5.00
27 Mar 2007	Interim	GBX	1.50	12/31/2006	12/31/2007	04/04/2007	04/10/2007	05/09/2007	-
25 Feb 2007	Final	GBX	-	12/31/2005	12/31/2006	-	-	-	3.00
11 May 2006	Interim	GBX	1.00	12/31/2005	12/31/2006	05/17/2006	05/19/2006	06/19/2006	-
30 Nov 2006	Interim	GBX	2.00	09/30/2005	09/30/2006	12/06/2006	12/08/2006	12/21/2006	-
17 Nov 2005	Final	GBX	1.20	12/31/2004	12/31/2005	-	-	-	3.00
17 May 2005	Interim	GBX	1.80	12/30/2004	06/30/2005	05/25/2005	05/27/2005	06/14/2005	-
24 Feb 2005	Final	GBX	2.20	12/31/2003	12/31/2004	03/02/2005	03/04/2005	04/01/2005	4.00
21 Sep 2004	Interim	GBX	1.80	12/30/2003	06/30/2004	09/29/2004	10/01/2004	10/15/2004	-
26 Feb 2004	Final	GBX	2.20	12/31/2002	12/31/2003	03/10/2004	03/12/2004	04/05/2004	4.00
26 Sep 2003	Interim	GBX	1.80	12/30/2002	06/30/2003	10/08/2003	10/10/2003	10/31/2003	-
04 Feb 2003	Final	GBX	2.70	12/31/2001	12/31/2002	02/12/2003	02/14/2003	03/06/2003	4.50
24 Sep 2002	Interim	GBX	1.80	12/30/2001	06/30/2002	10/02/2002	10/04/2002	10/22/2002	-
07 Mar 2002	Final	GBX	2.40	12/31/2000	12/31/2001	03/13/2002	03/15/2002	04/17/2002	4.00
19 Sep 2001	Interim	GBX	1.60	12/30/2000	06/30/2001	09/26/2001	09/28/2001	10/26/2001	-
06 Mar 2001	Final	GBX	2.35	12/31/1999	12/31/2000	03/28/2001	03/30/2001	04/27/2001	3.75
28 Sep 2000	Interim	GBX	1.40	12/30/1999	06/30/2000	10/09/2000	10/13/2000	10/27/2000	-
28 Feb 2000	Final	GBX	1.50	12/31/1998	12/31/1999	03/06/2000	03/10/2000	04/28/2000	2.10
05 Oct 1999	Interim	GBX	0.60	06/30/1998	06/30/1999	10/11/1999	10/15/1999	11/05/1999	-

Albion Development Vct Fundamentals

Profit and Loss Account
	31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)
turnover	-	-	-	-	-	-	-	-	m
pre tax profit	0.20	-	0.21	-	0.67	-	0.02	-	m
attributable profit	0.17	-	0.18	-	0.59	-	0.02	-	m
retained profit	-2.10	-	-2.33	-	-2.54	-	-3.23	-	m
eps - basic (p)	0.20		0.20		0.73		0.02
eps - diluted (p)	0.20		0.20		0.73		0.02
dividends per share	4.50		4.00		4.50		4.24

Albion Development Vct Balance Sheet

Balance Sheet
	31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)


	31 Dec 2017 (GBP)		31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)
ASSETS
fixed assets	42.29	78.72%	52.66	82.00%	51.41	73.31%	59.00	77.22%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	-	-%	-	-%	-	-%	-	-%	m
current assets - other	-	-%	1.24	1.94%	3.88	5.53%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	0.48	0.89%	1.13	1.76%	0.30	0.43%	1.76	2.30%	m
cash & securities	10.96	20.39%	9.19	14.31%	14.53	20.72%	15.65	20.48%	m

TOTAL	53.72	100%	64.22	100%	70.12	100%	76.40	100%	m

LIABILITIES
creditors - short	0.38	0.70%	0.85	1.32%	0.43	0.62%	0.54	0.71%	m
creditors - long	-	-%	-	-%	-	-%	-	-%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	0.38	0.70%	0.85	1.32%	0.43	0.62%	0.54	0.71%	m

EQUITY
ord cap, reserves	53.35	99.30%	63.38	98.68%	69.68	99.38%	75.86	99.29%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	53.35	99.30%	63.38	98.68%	69.68	99.38%	75.86	99.29%	m

OTHER
NAV Basic	73.80		84.70		83.47		-
NAV Diluted	73.80		84.70		83.47		-

Albion Development Vct Cash Flow Statement

%1$s Cash Flow Statement
	31 Dec 2017 (GBP)	31 Dec 2018 (GBP)	31 Dec 2019 (GBP)	31 Dec 2020 (GBP)
Operating CF	-0.53	-0.61	-0.78	-0.95	m
Pre-Financing CF	-3.57	-0.58	1.71	-2.15	m
Retained CF	0.80	-1.77	5.34	1.12	m

Albion Development Vct Brokers

%1$s Brokers
Name	Activity	Type	Mnemonic	Code
Winterflood Securities Ltd	Market Maker(MMF)	Broker/Dealer	WINS	WNTSGB2LBIC

Quotes:

IHub:

AADV

Albion Development Vct (AADV)

Albion Development Vct Key Figures

Albion Development Vct Balance Sheet

Share Price Performance

Share Price Chart (5 years)

Albion Development Vct Historic Returns

Albion Development Vct Key Management Ratios

Albion Development Vct Investment Ratios

Albion Development Vct Financial Ratios

Albion Development Vct Operating Ratios

Albion Development Vct Dividends

Albion Development Vct Fundamentals

Albion Development Vct Balance Sheet

Albion Development Vct Cash Flow Statement

Albion Development Vct Brokers