Emis Fundamentals and Key Ratios

Company name:	Emis Group Plc
EPIC:	EMIS	Trading Currency:	GBX
Market Sector:	AE50	ISIN:	GB00B61D1Y04
Market Segment:	AMSM	Share Type:	DE
WWW Address:	https://www.emisgroupplc.com/investors/	Description:	ORD 1P
Industry Sector:	SOFTWARE & COMPUTER SERVICES

Price	Price Change [%]	Bid	Ask	Open	High	Low	Volume
1,790.00	8.0 [0.45]	1,774.00	1,792.00	1,760.00	1,806.00	1,760.00	89,399
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
1,133.27	63.31	0.34	46.20	35.20	38.74	1.97	1,918.00 - 1,242.00

Emis Key Figures

Key Figures
(at previous day's close)
Market Cap.	1,133.27	m
Shares In Issue	63.31	m
Prev. Close	1,782.00
PE Ratio	38.74
Dividend Yield	1.97	%
EPS - basic	46.20	p
Dividend PS	35.20	p
Dividend Cover	1.31
Cash Flow PS	67.15	p
Return On Equity (ROE)	22.59	%
Operating Margin	21.45	%
PEG Factor	-9.81
EPS Growth Rate	-3.95	%
Dividends PS Growth Rate	10.00	%
Net Debt	4.42	m
Gross Gearing	34.76	%
Quick Assets	100.83	m
Net Working Capital	39.69	m
Intangibles / Fixed Assets	80.07	%
Turnover PS	265.71	p
Pre-Tax Profit PS	57.00	p
Retained Profit PS	12.44	p
Cash PS	101.15	p
Net Cash PS	3.75	p
Net Tangible Asset Value PS *	82.04	p
Net Asset Value PS	202.93	p
Spread	18.00 (1.00%)
* 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.

Emis Balance Sheet

%1$s Balance Sheet

Share Price Performance

Share Price Performance
Sample Period ^†	High	Low
1 week	1,814.00	1,760.00
4 weeks	1,880.00	1,760.00
12 weeks	1,886.00	1,760.00
1 year	1,918.00	1,242.00

Share Price Chart (5 years)

Emis Historic Returns

%1$s Historic Returns
Giorni da oggi ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	1,806.00	-16.00	-0.89	1,760.00	1.20		1,782.00
4 weeks	1,874.00	-84.00	-4.48	1,760.00	1.37		1,823.29
12 weeks	1,870.00	-80.00	-4.28	1,760.00	0.84		1,843.01
26 weeks	1,890.00	-100.00	-5.29	1,760.00	0.65		1,855.52
1 year	1,332.00	458.00	34.38	1,242.00	0.57		1,837.78
3 years	994.00	796.00	80.08	955.00	0.27		1,629.51
5 years	791.00	999.00	126.30	722.00	0.22		1,484.46
† periods calculated are whole weeks rather than calendar months

Emis Key Management Ratios

DEEPER ANALYSIS

Emis Investment Ratios

%1$s Investment Ratios
(Market value analysis) at previous day's close
PQ Ratio	33.76
PE Ratio	38.74
Tobin's Q Ratio	5.82
Tobin's Q Ratio (excl. intangibles)	9.95
Dividend Yield	1.97	%
Market-to-Book Ratio	8.82
Price-to-Pre-Tax Profit PS	31.40
Price-to-Retained Profit PS	143.91
Price-to-Cash Flow PS	26.66
Price-to-Sales PS	6.74
Price-to-Net Tangible Asset Value PS	21.82
Price-to-Cash PS	17.70
Net Working Capital PS	62.70
Price Pct to Working Capital PS	28.55	%
Earnings Yield	2.58	%
Average PE	37.40
Years in average	5
PE to PE average	103.60	%

Emis Financial Ratios

%1$s Financial Ratios
(Leverage Ratios)
Debt Ratio	5.03	%
Debt-to-Equity Ratio	0.05
Debt-to-Equity Ratio (excl. Intgbl)	0.13
Debt-to-Equity Market Value	0.01
Net Gearing	2.25	%
Net Gearing (excl. Intangibles)	3.67	%
Gross Gearing	34.76	%
Gross Gearing (excl. Intangibles)	56.86	%
Gearing Under 1 Year	31.31	%
Gearing Under 1 Year (excl. Intgbl)	51.21	%
Assets/Equity	1.53
Cash/Equity	49.85
(Liquidity Ratios)
Net Working Capital to Total Assets	20.16	%
Current Ratio	1.64
Quick Ratio (Acid Test)	1.64
Liquidity Ratio	1.04
Cash & Equiv/Current Assets	63.18	%
(Solvency Ratios)
Enterprise Value	1,076.03	m
CFO/Sales	0.25
CFO/Attributable Profit	1.46
CFO/Assets	0.22
CFO/Debt	0.62
Total Debt/Equity Market Value	0.06
Total Debt/Sales	0.41
Total Debt/Pre-Tax Profit	1.90
Total Debt	68.47	m
Total Debt/Net Current Assets	1.72	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	8.67	%
5 yr Compound Earnings Growth	29.27	%
10 yr Compound Earnings Growth	3.56	%
Earn drops > 5% in 10yrs	4

Beta coefficients
Beta (60-Mnth)	Beta (36-Mnth)
0.3369	0.5607

Emis Operating Ratios

%1$s Operating Ratios
(Profitability Ratios)
Return On Capital Employed (ROCE)	26.68	%
Return On Assets (ROA)	14.90	%
Net Profit Margin	17.25	%
Assets Turnover	0.86
Return On Equity (ROE)	22.59	%
Return On Investment (ROI)	21.94	%
Dividend Payout Ratio	76.19	%
Plowback Ratio	23.81	%
Growth from Plowback Ratio	5.58	%
Net Income Of Revenues	4.68	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	1.36
Fixed Assets Turnover	1.67
Current Assets Turnover	1.78
Net Working Capital Turnover
Inventory Turnover	294.36
(Other Operating Ratios)
Total Assets-to-Sales	1.16
Debtors-to-Sales	20.91	%
Debt Collection Period	76.30	Days

Emis Dividends

%1$s Dividends
Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
17 Mar 2022	Final	GBX	17.60	12/31/2020	12/31/2021	04/18/2022	04/19/2022	05/17/2022	35.20
09 Sep 2021	Interim	GBX	17.60	12/31/2020	12/31/2021	10/07/2021	10/08/2021	11/04/2021	-
18 Mar 2021	Final	GBX	16.00	12/31/2019	12/31/2020	04/15/2021	04/16/2021	05/14/2021	32.00
09 Sep 2020	Interim	GBX	16.00	12/31/2019	12/31/2020	10/08/2020	10/09/2020	11/05/2020	-
18 Mar 2020	Final	GBX	15.60	12/31/2018	12/31/2019	04/13/2020	04/14/2020	05/11/2020	31.20
30 Aug 2019	Interim	GBX	15.60	12/31/2018	12/31/2019	09/26/2019	09/27/2019	11/01/2019	-
20 Mar 2019	Final	GBX	14.20	12/31/2017	12/31/2018	04/11/2019	04/12/2019	05/13/2019	28.40
31 Aug 2018	Interim	GBX	14.20	12/31/2017	12/31/2018	09/27/2018	09/28/2018	11/02/2018	-
14 Mar 2018	Final	GBX	12.90	12/31/2016	12/31/2017	04/02/2018	04/03/2018	05/04/2018	25.80
01 Sep 2017	Interim	GBX	12.90	12/31/2016	12/31/2017	09/21/2017	09/22/2017	10/27/2017	-
16 Mar 2017	Final	GBX	11.70	12/31/2015	12/31/2016	03/30/2017	03/31/2017	05/03/2017	23.40
02 Sep 2016	Interim	GBX	11.70	12/31/2015	12/31/2016	09/22/2016	09/23/2016	10/28/2016	-
16 Mar 2016	Final	GBX	10.60	12/31/2014	12/31/2015	03/31/2016	04/01/2016	04/29/2016	21.20
04 Sep 2015	Interim	GBX	10.60	12/31/2014	12/31/2015	09/24/2015	09/25/2015	10/30/2015	-
19 Mar 2015	Final	GBX	9.20	12/31/2013	12/31/2014	04/09/2015	04/10/2015	05/01/2015	18.40
05 Sep 2014	Interim	GBX	9.20	12/31/2013	12/31/2014	09/24/2014	09/26/2014	10/31/2014	-
20 Mar 2014	Final	GBX	8.00	12/31/2012	12/31/2013	04/09/2014	04/11/2014	05/02/2014	16.00
06 Sep 2013	Interim	GBX	8.00	12/31/2012	12/31/2013	09/25/2013	09/27/2013	10/31/2013	-
21 Mar 2013	Final	GBX	7.10	12/31/2011	12/31/2012	04/17/2013	04/19/2013	05/03/2013	14.20
31 Aug 2012	Interim	GBX	7.10	12/31/2011	12/31/2012	09/19/2012	09/21/2012	10/26/2012	-
16 Mar 2012	Final	GBX	6.20	12/31/2010	12/31/2011	04/11/2012	04/13/2012	04/30/2012	12.40
02 Sep 2011	Interim	GBX	6.20	12/31/2010	12/31/2011	09/14/2011	09/16/2011	10/21/2011	-
18 Mar 2011	Final	GBX	5.60	12/31/2009	12/31/2010	04/24/2011	04/26/2011	05/30/2011	11.20
14 Sep 2010	Interim	GBX	5.60	12/31/2009	12/31/2010	09/22/2010	09/24/2010	10/25/2010	-

Emis Fundamentals

Profit and Loss Account
	31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)		31 Dec 2021 (GBP)
turnover	170.07	100.00%	159.51	100.00%	159.45	100.00%	168.23	100.00%	m
pre tax profit	29.17	17.15%	27.07	16.97%	36.92	23.15%	36.09	21.45%	m
attributable profit	22.67	13.33%	22.48	14.09%	30.21	18.94%	29.02	17.25%	m
retained profit	5.60	3.29%	3.73	2.34%	10.35	6.49%	7.88	4.68%	m
eps - basic (p)	36.10		36.00		48.10		46.20
eps - diluted (p)	36.00		35.80		47.60		45.60
dividends per share	28.40		31.20		32.00		35.20

Emis Balance Sheet

Balance Sheet
	31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)		31 Dec 2021 (GBP)


	31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)		31 Dec 2021 (GBP)
ASSETS
fixed assets	21.00	12.28%	18.40	10.93%	19.87	10.31%	18.69	9.49%	m
intangibles	96.81	56.60%	82.35	48.91%	85.30	44.27%	76.54	38.86%	m
fixed investments	0.11	0.07%	0.35	0.20%	0.35	0.18%	0.36	0.18%	m
current assets - other	-	-%	2.48	1.47%	-	-%	-	-%	m
stocks	1.26	0.74%	0.66	0.39%	0.61	0.32%	0.53	0.27%	m
debtors	36.22	21.18%	33.05	19.63%	33.55	17.41%	36.79	18.68%	m
cash & securities	15.62	9.13%	31.10	18.47%	53.01	27.51%	64.04	32.52%	m

TOTAL	171.03	100%	168.37	100%	192.69	100%	196.94	100%	m

LIABILITIES
creditors - short	60.17	35.18%	55.70	33.08%	63.37	32.89%	61.67	31.31%	m
creditors - long	8.20	4.79%	8.47	5.03%	10.18	5.28%	6.80	3.45%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	68.37	39.97%	64.17	38.11%	73.55	38.17%	68.47	34.76%	m

EQUITY
ord cap, reserves	102.26	59.79%	103.92	61.72%	119.14	61.83%	128.48	65.24%	m
prefs, minorities	0.40	0.23%	0.28	0.16%	-	-%	-	-%	m

TOTAL	102.66	60.03%	104.20	61.89%	119.14	61.83%	128.48	65.24%	m

OTHER
NAV Basic	-		-		-		-
NAV Diluted	-		-		-		-

Emis Cash Flow Statement

%1$s Cash Flow Statement
	31 Dec 2018 (GBP)	31 Dec 2019 (GBP)	31 Dec 2020 (GBP)	31 Dec 2021 (GBP)
Operating CF	43.83	45.50	52.40	42.51	m
Pre-Financing CF	30.44	39.25	44.16	36.84	m
Retained CF	1.63	15.48	21.91	11.03	m

Emis Brokers

Broker infomation is not available for this class of share.

Boards:

Quotes:

Emis Key Figures

Emis Balance Sheet

Share Price Performance

Share Price Chart (5 years)

Emis Historic Returns

Emis Key Management Ratios

Emis Investment Ratios

Emis Financial Ratios

Emis Operating Ratios

Emis Dividends

Emis Fundamentals

Emis Balance Sheet

Emis Cash Flow Statement

Emis Brokers