SGE

Sage (SGE)

Company name:	Sage Group Plc
Company Description:	A group engaged in the development; distribution and support of business management software and related products and services for medium-sized and smaller businesses
EPIC:	SGE	Trading Currency:	GBX
Market Sector:	FS10	ISIN:	GB00B8C3BL03
Market Segment:	SET1	Share Type:	DE
WWW Address:	http://www.sage.com/	Description:	ORD 1 4/77P
Industry Sector:	SOFTWARE & COMPUTER SERVICES

Price	Price Change [%]	Bid	Ask	Open	High	Low	Volume
806.80	6.4 [0.80]	807.40	807.80	798.40	810.00	796.60	4,505,111
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
8,212.68	1,017.93	0.08	26.33	17.68	30.64	2.19	823.00 - 587.20

Sage Key Figures

Key Figures
(at previous day's close)
Market Cap.	8,212.68	m
Shares In Issue	1,017.93	m
Prev. Close	800.40
PE Ratio	30.64
Dividend Yield	2.19	%
EPS - basic	26.33	p
Dividend PS	17.68	p
Dividend Cover	1.49
Cash Flow PS	36.94	p
Return On Equity (ROE)	25.65	%
Operating Margin	18.80	%
PEG Factor	-7.64
EPS Growth Rate	-4.01	%
Dividends PS Growth Rate	2.49	%
Net Debt	1,665.00	m
Gross Gearing	66.63	%
Quick Assets	1,077.00	m
Net Working Capital	-303.00	m
Intangibles / Fixed Assets	91.79	%
Turnover PS	181.35	p
Pre-Tax Profit PS	34.09	p
Retained Profit PS	9.43	p
Cash PS	54.33	p
Net Cash PS	-81.24	p
Net Tangible Asset Value PS *	-93.92	p
Net Asset Value PS	109.14	p
Spread	0.40 (0.05%)
* 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.

Sage Balance Sheet

%1$s Balance Sheet

Share Price Performance

Share Price Performance
Sample Period ^†	High	Low
1 week	810.00	755.20
4 weeks	810.00	749.60
12 weeks	823.00	740.60
1 year	823.00	587.20

Share Price Chart (5 years)

Sage Historic Returns

%1$s Historic Returns
Giorni da oggi ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	760.80	46.00	6.05	755.20	2.01		779.62
4 weeks	755.80	51.00	6.75	749.60	2.40		769.78
12 weeks	763.80	43.00	5.63	740.60	2.50		780.97
26 weeks	706.40	100.40	14.21	665.80	2.44		748.01
1 year	725.80	81.00	11.16	587.20	2.64		712.58
3 years	745.00	61.80	8.30	515.60	2.95		684.77
5 years	730.60	76.20	10.43	491.30	3.01		675.48
† periods calculated are whole weeks rather than calendar months

Sage Key Management Ratios

DEEPER ANALYSIS

Sage Investment Ratios

%1$s Investment Ratios
(Market value analysis) at previous day's close
PQ Ratio	96.12
PE Ratio	30.64
Tobin's Q Ratio	2.33
Tobin's Q Ratio (excl. intangibles)	5.86
Dividend Yield	2.19	%
Market-to-Book Ratio	7.39
Price-to-Pre-Tax Profit PS	23.67
Price-to-Retained Profit PS	85.55
Price-to-Cash Flow PS	21.84
Price-to-Sales PS	4.45
Price-to-Net Tangible Asset Value PS	-8.59
Price-to-Cash PS	14.85
Net Working Capital PS	-29.77
Price Pct to Working Capital PS	-27.10	%
Earnings Yield	3.26	%
Average PE	25.63
Years in average	5
PE to PE average	119.57	%

Sage Financial Ratios

%1$s Financial Ratios
(Leverage Ratios)
Debt Ratio	43.00	%
Debt-to-Equity Ratio	0.75
Debt-to-Equity Ratio (excl. Intgbl)	-0.88
Debt-to-Equity Market Value	0.10
Net Gearing	50.02	%
Net Gearing (excl. Intangibles)	131.93	%
Gross Gearing	66.63	%
Gross Gearing (excl. Intangibles)	175.75	%
Gearing Under 1 Year	41.45	%
Gearing Under 1 Year (excl. Intgbl)	109.35	%
Assets/Equity	3.00
Cash/Equity	49.77
(Liquidity Ratios)
Net Working Capital to Total Assets	-9.10	%
Current Ratio	0.78
Quick Ratio (Acid Test)	0.78
Liquidity Ratio	0.40
Cash & Equiv/Current Assets	51.35	%
(Solvency Ratios)
Enterprise Value	8,497.68	m
CFO/Sales	0.20
CFO/Attributable Profit	1.32
CFO/Assets	0.11
CFO/Debt	0.17
Total Debt/Equity Market Value	0.27
Total Debt/Sales	1.20
Total Debt/Pre-Tax Profit	6.39
Total Debt	2,218.00	m
Total Debt/Net Current Assets	-7.32	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	2.44	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	1.30	%
Earn drops > 5% in 10yrs	5

Beta coefficients
Beta (60-Mnth)	Beta (36-Mnth)
0.0820	0.0889

Sage Operating Ratios

%1$s Operating Ratios
(Profitability Ratios)
Return On Capital Employed (ROCE)	17.80	%
Return On Assets (ROA)	8.09	%
Net Profit Margin	15.44	%
Assets Turnover	0.52
Return On Equity (ROE)	25.65	%
Return On Investment (ROI)	12.26	%
Dividend Payout Ratio	67.15	%
Plowback Ratio	32.85	%
Growth from Plowback Ratio	6.78	%
Net Income Of Revenues	5.20	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	1.34
Fixed Assets Turnover	0.80
Current Assets Turnover	1.51
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	1.91
Debtors-to-Sales	24.73	%
Debt Collection Period	90.26	Days

Sage Dividends

%1$s Dividends
Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
13 May 2022	Interim	GBX	6.30	03/31/2021	03/31/2022	05/26/2022	05/27/2022	06/17/2022	-
17 Nov 2021	Final	GBX	11.63	09/30/2020	09/30/2021	01/13/2022	01/14/2022	02/10/2022	17.68
14 May 2021	Interim	GBX	6.05	10/01/2020	03/31/2021	05/27/2021	05/28/2021	06/18/2021	-
20 Nov 2020	Final	GBX	11.32	09/30/2019	09/30/2020	01/14/2021	01/15/2021	02/11/2021	17.25
13 May 2020	Interim	GBX	5.93	10/01/2019	03/31/2020	05/21/2020	05/22/2020	06/12/2020	-
20 Nov 2019	Final	GBX	11.12	09/30/2018	09/30/2019	02/06/2020	02/07/2020	03/02/2020	16.91
17 May 2019	Interim	GBX	5.79	10/01/2018	03/31/2019	05/30/2019	05/31/2019	06/14/2019	-
21 Nov 2018	Final	GBX	10.85	09/30/2017	09/30/2018	02/07/2019	02/08/2019	03/01/2019	16.50
02 May 2018	Interim	GBX	5.65	10/01/2017	03/31/2018	05/10/2018	05/11/2018	06/01/2018	-
22 Nov 2017	Final	GBX	10.20	09/30/2016	09/30/2017	02/08/2018	02/09/2018	03/02/2018	15.42
03 May 2017	Interim	GBX	5.22	10/01/2016	03/31/2017	05/11/2017	05/12/2017	06/02/2017	-
30 Nov 2016	Final	GBX	9.35	09/30/2015	09/30/2016	02/09/2017	02/10/2017	03/03/2017	14.15
05 May 2016	Interim	GBX	4.80	10/01/2015	03/31/2016	05/12/2016	05/13/2016	06/03/2016	-
02 Dec 2015	Final	GBX	8.65	09/30/2014	09/30/2015	02/11/2016	02/12/2016	03/04/2016	13.15
06 May 2015	Interim	GBX	4.50	10/01/2014	03/31/2015	05/14/2015	05/15/2015	06/06/2015	-
03 Dec 2014	Final	GBX	8.00	09/30/2013	09/30/2014	02/12/2015	02/13/2015	03/06/2015	12.12
08 May 2014	Interim	GBX	4.12	10/01/2013	03/31/2014	05/14/2014	05/16/2014	06/06/2014	-
04 Dec 2013	Final	GBX	7.44	09/30/2012	09/30/2013	02/12/2014	02/14/2014	03/10/2014	11.13
08 May 2013	Interim	GBX	3.69	10/01/2012	03/31/2013	05/15/2013	05/17/2013	06/07/2013	-
05 Dec 2012	Final	GBX	6.67	09/30/2011	09/30/2012	02/13/2013	02/15/2013	03/08/2013	10.15
09 May 2012	Interim	GBX	3.48	10/01/2011	03/31/2012	05/16/2012	05/18/2012	06/08/2012	-
30 Nov 2011	Final	GBX	7.07	09/30/2010	09/30/2011	02/08/2012	02/10/2012	03/02/2012	9.75
04 May 2011	Interim	GBX	2.68	10/01/2010	03/31/2011	05/11/2011	05/13/2011	06/10/2011	-
01 Dec 2010	Final	GBX	5.22	09/30/2009	09/30/2010	02/09/2011	02/11/2011	03/11/2011	7.80
05 May 2010	Interim	GBX	2.58	10/01/2009	03/31/2010	05/12/2010	05/14/2010	06/18/2010	-
02 Dec 2009	Final	GBX	4.93	09/30/2008	09/30/2009	02/03/2010	02/05/2010	03/05/2010	7.43
06 May 2009	Interim	GBX	2.50	10/01/2008	03/31/2009	05/13/2009	05/15/2009	06/19/2009	-
03 Dec 2008	Final	GBX	4.78	09/30/2007	09/30/2008	02/04/2009	02/06/2009	03/06/2009	7.21
08 May 2008	Interim	GBX	2.43	10/01/2007	03/31/2008	05/14/2008	05/16/2008	06/20/2008	-
28 Nov 2007	Final	GBX	5.73	09/30/2006	09/30/2007	02/06/2008	02/08/2008	07/03/2008	7.00
08 May 2007	Interim	GBX	1.27	10/01/2006	03/31/2007	05/16/2007	05/18/2007	06/15/2007	-
29 Nov 2006	Final	GBX	2.51	09/30/2005	09/30/2006	02/07/2007	02/09/2007	03/09/2007	3.59
30 Nov 2005	Final	GBX	2.51	09/30/2005	09/30/2006	02/08/2006	02/10/2006	03/08/2006	3.59
09 May 2006	Interim	GBX	1.08	10/01/2005	03/31/2006	05/17/2006	05/19/2006	06/16/2006	-
01 Dec 2004	Final	GBX	1.72	09/30/2003	09/30/2004	02/09/2005	02/11/2005	03/11/2005	2.33
11 May 2004	Interim	GBX	0.61	10/01/2003	03/31/2004	05/19/2004	05/21/2004	06/18/2004	-
02 Dec 2003	Final	GBX	1.10	09/30/2002	09/30/2003	02/11/2004	02/13/2004	03/12/2004	1.10
07 May 2003	Interim	GBX	0.56	10/01/2002	03/31/2003	05/14/2003	05/16/2003	06/13/2003	-
03 Dec 2002	Final	GBX	1.34	09/30/2001	09/30/2002	02/19/2003	02/21/2003	03/14/2003	1.50
30 Apr 2002	Interim	GBX	0.16	10/01/2001	03/31/2002	05/15/2002	05/17/2002	06/17/2002	-
05 Dec 2001	Final	GBX	0.28	09/30/2000	09/30/2001	02/06/2002	02/08/2002	03/08/2002	0.43
09 May 2001	Interim	GBX	0.14	10/01/2000	03/31/2001	05/16/2001	05/18/2001	06/19/2001	-
06 Dec 2000	Final	GBX	0.26	09/30/1999	09/30/2000	02/07/2001	02/09/2001	03/07/2001	0.39
09 May 2000	Interim	GBX	0.13	10/01/1999	03/31/2000	05/15/2000	05/19/2000	06/19/2000	-
08 Dec 1999	Final	GBX	0.23	09/30/1998	09/30/1999	01/31/2000	02/04/2000	03/01/2000	0.35
09 Dec 1998	Final	GBX	0.21	09/30/1997	09/30/1998	02/01/1999	02/05/1999	03/01/1999	0.32

Sage Fundamentals

Profit and Loss Account
	30 Sep 2018 (GBP)		30 Sep 2019 (GBP)		30 Sep 2020 (GBP)		30 Sep 2021 (GBP)
turnover	1,846.00	100.00%	1,936.00	100.00%	1,903.00	100.00%	1,846.00	100.00%	m
pre tax profit	398.00	21.56%	361.00	18.65%	386.00	20.28%	347.00	18.80%	m
attributable profit	295.00	15.98%	266.00	13.74%	299.00	15.71%	285.00	15.44%	m
retained profit	124.00	6.72%	85.00	4.39%	113.00	5.94%	96.00	5.20%	m
eps - basic (p)	27.21		24.49		27.43		26.33
eps - diluted (p)	27.07		24.29		27.21		26.08
dividends per share	16.50		16.91		17.25		17.68

Sage Balance Sheet

Balance Sheet
	30 Sep 2018 (GBP)		30 Sep 2019 (GBP)		30 Sep 2020 (GBP)		30 Sep 2021 (GBP)


	30 Sep 2018 (GBP)		30 Sep 2019 (GBP)		30 Sep 2020 (GBP)		30 Sep 2021 (GBP)
ASSETS
fixed assets	129.00	3.89%	117.00	3.49%	173.00	4.66%	164.00	4.93%	m
intangibles	2,268.00	68.38%	2,326.00	69.39%	2,174.00	58.52%	2,067.00	62.09%	m
fixed investments	20.00	0.60%	4.00	0.12%	1.00	0.03%	21.00	0.63%	m
current assets - other	113.00	3.41%	63.00	1.88%	108.00	2.91%	39.00	1.17%	m
stocks	1.00	0.03%	-	-%	-	-%	-	-%	m
debtors	514.00	15.50%	471.00	14.05%	428.00	11.52%	485.00	14.57%	m
cash & securities	272.00	8.20%	371.00	11.07%	831.00	22.37%	553.00	16.61%	m

TOTAL	3,317.00	100%	3,352.00	100%	3,715.00	100%	3,329.00	100%	m

LIABILITIES
creditors - short	1,005.00	30.30%	1,126.00	33.59%	1,015.00	27.32%	1,380.00	41.45%	m
creditors - long	985.00	29.70%	722.00	21.54%	1,048.00	28.21%	838.00	25.17%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	1,990.00	59.99%	1,848.00	55.13%	2,063.00	55.53%	2,218.00	66.63%	m

EQUITY
ord cap, reserves	1,327.00	40.01%	1,504.00	44.87%	1,652.00	44.47%	1,111.00	33.37%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	1,327.00	40.01%	1,504.00	44.87%	1,652.00	44.47%	1,111.00	33.37%	m

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

Sage Cash Flow Statement

%1$s Cash Flow Statement
	30 Sep 2018 (GBP)	30 Sep 2019 (GBP)	30 Sep 2020 (GBP)	30 Sep 2021 (GBP)
Operating CF	393.00	472.00	406.00	376.00	m
Pre-Financing CF	335.00	479.00	585.00	438.00	m
Retained CF	107.00	42.00	497.00	-256.00	m

Sage Brokers

%1$s Brokers
Name	Activity	Type	Mnemonic	Code
Evolution Securities Limited	Market Maker(MME)	Broker/Dealer	EVO	EVBGGB21MMT
Piper Jaffray Ltd	Market Maker(MME)	Broker/Dealer	PIPR	PIPRGB21
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC

Quotes:

IHub:

SGE

Sage (SGE)

Sage Key Figures

Sage Balance Sheet

Share Price Performance

Share Price Chart (5 years)

Sage Historic Returns

Sage Key Management Ratios

Sage Investment Ratios

Sage Financial Ratios

Sage Operating Ratios

Sage Dividends

Sage Fundamentals

Sage Balance Sheet

Sage Cash Flow Statement

Sage Brokers