TMPL

Temple Bar Investment (TMPL)

Company name:	Temple Bar Investment Trust Plc
EPIC:	TMPL	Trading Currency:	GBX
Market Sector:	F25F	ISIN:	GB00BMV92D64
Market Segment:	STMM	Share Type:	DE
WWW Address:	http://www.investecfunds.com/templebar/	Description:	ORD 5P
Industry Sector:	EQUITY INVESTMENT INSTRUMENTS

Price	Price Change [%]	Bid	Ask	Open	High	Low	Volume
221.50	-1.0 [-0.45]	220.50	221.50	221.50	221.50	220.50	239,321
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
727.54	328.46	0.11	35.57	39.50	6.23	17.83	255.20 - 198.40

Temple Bar Investment Key Figures

Key Figures
(at previous day's close)
Market Cap.	727.54	m
Shares In Issue	328.46	m
Prev. Close	222.50
PE Ratio	6.23
Dividend Yield	17.83	%
EPS - basic	35.57	p
Dividend PS	39.50	p
Dividend Cover	0.90
Cash Flow PS	7.35	p
Return On Equity (ROE)	2.98	%
Operating Margin	88.02	%
PEG Factor	0.03
EPS Growth Rate	183.43	%
Dividends PS Growth Rate	-4.24	%
Net Debt	65.18	m
Gross Gearing	8.79	%
Quick Assets	16.80	m
Net Working Capital	14.66	m
Intangibles / Fixed Assets	-	%
Turnover PS	8.44	p
Pre-Tax Profit PS	7.43	p
Retained Profit PS	-0.39	p
Cash PS	3.54	p
Net Cash PS	2.89	p
Net Tangible Asset Value PS *	242.67	p
Net Asset Value PS	242.67	p
Spread	1.00 (0.45%)
* 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.

Temple Bar Investment Balance Sheet

%1$s Balance Sheet

Share Price Performance

Share Price Performance
Sample Period ^†	High	Low
1 week	223.50	216.50
4 weeks	223.50	203.00
12 weeks	240.00	203.00
1 year	255.20	198.40

Share Price Chart (5 years)

Temple Bar Investment Historic Returns

%1$s Historic Returns
Giorni da oggi ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	216.50	5.00	2.31	216.50	0.56		220.68
4 weeks	210.00	11.50	5.48	203.00	0.39		216.33
12 weeks	226.00	-4.50	-1.99	203.00	0.48		221.67
26 weeks	249.60	-28.10	-11.26	198.40	0.32		224.35
1 year	210.80	10.70	5.08	198.40	0.24		223.52
3 years	242.00	-20.50	-8.47	112.60	0.21		201.89
5 years	258.80	-37.30	-14.41	112.60	0.16		212.56
† periods calculated are whole weeks rather than calendar months

Temple Bar Investment Key Management Ratios

DEEPER ANALYSIS

Temple Bar Investment Investment Ratios

%1$s Investment Ratios
(Market value analysis) at previous day's close
PQ Ratio	2.65
PE Ratio	6.23
Tobin's Q Ratio	0.87
Tobin's Q Ratio (excl. intangibles)	0.87
Dividend Yield	17.83	%
Market-to-Book Ratio	0.91
Price-to-Pre-Tax Profit PS	29.82
Price-to-Retained Profit PS	-570.17
Price-to-Cash Flow PS	30.13
Price-to-Sales PS	26.24
Price-to-Net Tangible Asset Value PS	0.91
Price-to-Cash PS	62.58
Net Working Capital PS	4.46
Price Pct to Working Capital PS	49.63	%
Earnings Yield	16.06	%
Average PE	7.54
Years in average	5
PE to PE average	82.58	%

Temple Bar Investment Financial Ratios

%1$s Financial Ratios
(Leverage Ratios)
Debt Ratio	8.57	%
Debt-to-Equity Ratio	0.09
Debt-to-Equity Ratio (excl. Intgbl)	0.09
Debt-to-Equity Market Value	0.10
Net Gearing	7.46	%
Net Gearing (excl. Intangibles)	7.46	%
Gross Gearing	8.79	%
Gross Gearing (excl. Intangibles)	8.79	%
Gearing Under 1 Year	0.24	%
Gearing Under 1 Year (excl. Intgbl)	0.24	%
Assets/Equity	1.10
Cash/Equity	1.46
(Liquidity Ratios)
Net Working Capital to Total Assets	1.68	%
Current Ratio	7.86
Quick Ratio (Acid Test)	7.86
Liquidity Ratio	5.44
Cash & Equiv/Current Assets	69.21	%
(Solvency Ratios)
Enterprise Value	790.58	m
CFO/Sales	0.87
CFO/Attributable Profit	1.02
CFO/Assets	0.03
CFO/Debt	0.31
Total Debt/Equity Market Value	0.11
Total Debt/Sales	2.77
Total Debt/Pre-Tax Profit	3.15
Total Debt	76.81	m
Total Debt/Net Current Assets	5.24	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	-	%
5 yr Compound Earnings Growth	-	%
10 yr Compound Earnings Growth	-	%
Earn drops > 5% in 10yrs	7

Beta coefficients
Beta (60-Mnth)	Beta (36-Mnth)
0.1122	0.1049

Temple Bar Investment Operating Ratios

%1$s Operating Ratios
(Profitability Ratios)
Return On Capital Employed (ROCE)	2.80	%
Return On Assets (ROA)	2.85	%
Net Profit Margin	85.63	%
Assets Turnover	0.03
Return On Equity (ROE)	2.98	%
Return On Investment (ROI)	2.93	%
Dividend Payout Ratio	111.05	%
Plowback Ratio	-11.05	%
Growth from Plowback Ratio	-0.36	%
Net Income Of Revenues	-4.60	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.04
Fixed Assets Turnover	0.03
Current Assets Turnover	1.66
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	30.02
Debtors-to-Sales	13.78	%
Debt Collection Period	50.28	Days

Temple Bar Investment Dividends

%1$s Dividends
Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
10 May 2022	Interim	GBX	10.25	12/31/2021	12/31/2022	06/09/2022	06/10/2022	06/30/2022	-
15 Feb 2022	Interim	GBX	10.25	12/31/2020	12/31/2021	03/10/2022	03/11/2022	03/31/2022	39.50
17 Nov 2021	Interim	GBX	9.75	12/31/2020	12/31/2021	12/09/2021	12/10/2021	12/31/2021	-
17 Aug 2021	Interim	GBX	9.75	12/31/2020	12/31/2021	09/09/2021	09/10/2021	09/30/2021	-
04 May 2021	Interim	GBX	9.75	12/31/2020	12/31/2021	06/03/2021	06/04/2021	06/30/2021	-
02 Mar 2021	Interim	GBX	8.25	12/31/2019	12/31/2020	03/11/2021	03/12/2021	03/31/2021	41.25
17 Nov 2020	Interim	GBX	11.00	12/31/2019	12/31/2020	12/10/2020	12/11/2020	12/31/2020	-
03 Sep 2020	Interim	GBX	11.00	12/31/2019	12/31/2020	09/10/2020	09/11/2020	09/30/2020	-
12 May 2020	Interim	GBX	11.00	12/31/2019	12/31/2020	06/04/2020	06/05/2020	06/30/2020	-
19 Feb 2020	Final	GBX	18.39	12/31/2018	12/31/2019	03/12/2020	03/13/2020	03/31/2020	51.39
14 Nov 2019	Interim	GBX	11.00	12/31/2018	12/31/2019	12/05/2019	12/06/2019	12/30/2019	-
08 Aug 2019	Interim	GBX	11.00	12/31/2018	12/31/2019	09/12/2019	09/13/2019	09/30/2019	-
16 May 2019	Interim	GBX	11.00	12/31/2018	12/31/2019	06/06/2019	06/07/2019	06/28/2019	-
20 Feb 2019	Final	GBX	20.47	12/31/2017	12/31/2018	03/07/2019	03/08/2019	03/29/2019	46.72
26 Nov 2018	Interim	GBX	8.75	12/31/2017	12/31/2018	12/06/2018	12/07/2018	12/27/2018	-
26 Jul 2018	Interim	GBX	8.75	12/31/2017	12/31/2018	09/06/2018	09/07/2018	09/28/2018	-
24 May 2018	Interim	GBX	8.75	12/31/2017	12/31/2018	06/07/2018	06/08/2018	06/29/2018	-
20 Feb 2018	Final	GBX	17.48	12/31/2016	12/31/2017	03/08/2018	03/09/2018	03/29/2018	42.47
27 Nov 2017	Interim	GBX	8.33	12/31/2016	12/31/2017	12/07/2017	12/08/2017	12/29/2017	-
24 Jul 2017	Interim	GBX	8.33	12/31/2016	12/31/2017	09/07/2017	09/08/2017	09/29/2017	-
22 May 2017	Interim	GBX	8.33	12/31/2016	12/31/2017	06/08/2017	06/09/2017	06/30/2017	-
17 Feb 2017	Final	GBX	16.18	12/31/2015	12/31/2016	03/09/2017	03/10/2017	03/31/2017	40.45
28 Nov 2016	Interim	GBX	8.09	12/31/2015	12/31/2016	12/08/2016	12/09/2016	12/30/2016	-
25 Jul 2016	Interim	GBX	8.09	12/31/2015	12/31/2016	09/08/2016	09/09/2016	09/30/2016	-
23 May 2016	Interim	GBX	8.09	12/31/2015	12/31/2016	06/09/2016	06/10/2016	06/30/2016	-
23 Feb 2016	Final	GBX	15.87	12/31/2014	12/31/2015	03/10/2016	03/11/2016	03/31/2016	39.66
23 Nov 2015	Interim	GBX	7.93	12/31/2014	12/31/2015	12/10/2015	12/11/2015	12/30/2015	-
21 Jul 2015	Interim	GBX	7.93	12/31/2014	12/31/2015	09/10/2015	09/11/2015	09/30/2015	-
20 May 2015	Interim	GBX	7.93	12/31/2014	12/31/2015	06/11/2015	06/12/2015	06/30/2015	-
24 Feb 2015	Final	GBX	23.33	12/31/2013	12/31/2014	03/12/2015	03/13/2015	03/31/2015	38.88
22 Jul 2014	Interim	GBX	15.55	12/31/2013	12/31/2014	09/10/2014	09/12/2014	09/30/2014	-
12 Feb 2014	Final	GBX	22.65	12/31/2012	12/31/2013	03/12/2014	03/14/2014	03/31/2014	37.75
23 Jul 2013	Interim	GBX	15.10	12/31/2012	12/31/2013	09/11/2013	09/13/2013	09/30/2013	-
19 Feb 2013	Final	GBX	22.00	12/31/2011	12/31/2012	03/13/2013	03/15/2013	03/28/2013	36.65
24 Jul 2012	Interim	GBX	14.65	12/31/2011	12/31/2012	09/12/2012	09/14/2012	09/28/2012	-
22 Feb 2012	Final	GBX	21.23	12/31/2010	12/31/2011	03/14/2012	03/16/2012	03/30/2012	35.23
26 Jul 2011	Interim	GBX	14.00	12/31/2010	12/31/2011	09/14/2011	09/16/2011	09/30/2011	-
23 Feb 2011	Final	GBX	23.70	12/31/2009	12/31/2010	03/16/2011	03/18/2011	03/31/2011	34.20
28 Jul 2010	Interim	GBX	10.50	12/31/2009	12/31/2010	09/15/2010	09/17/2010	09/30/2010	-
23 Feb 2010	Final	GBX	23.00	12/31/2008	12/31/2009	03/10/2010	03/12/2010	03/31/2010	33.50
21 Jul 2009	Interim	GBX	10.50	12/31/2008	12/31/2009	09/16/2009	09/18/2009	09/30/2009	-
17 Feb 2009	Final	GBX	22.34	12/31/2007	12/31/2008	03/11/2009	03/13/2009	03/31/2009	32.84
22 Jul 2008	Interim	GBX	10.50	12/31/2007	12/31/2008	09/10/2008	09/12/2008	09/30/2008	-
12 Feb 2008	Final	GBX	21.07	12/31/2006	12/31/2007	03/12/2008	03/14/2008	03/31/2008	30.98
24 Jul 2007	Interim	GBX	9.91	06/30/2006	06/30/2007	09/12/2007	09/14/2007	09/28/2007	-
18 Feb 2007	Final	GBX	19.88	12/31/2005	12/31/2006	03/14/2007	03/16/2007	03/30/2007	29.23
24 Jul 2006	Interim	GBX	9.35	06/30/2005	06/30/2006	09/13/2006	09/15/2006	09/29/2006	-
21 Feb 2006	Final	GBX	18.93	12/31/2004	12/31/2005	03/15/2006	03/17/2006	03/31/2006	27.83
17 Aug 2005	Interim	GBX	8.90	12/30/2004	06/30/2005	09/14/2005	09/16/2005	09/30/2005	-
15 Feb 2005	Final	GBX	18.38	12/31/2003	12/31/2004	03/16/2005	03/18/2005	03/31/2005	27.02
04 Jul 2004	Interim	GBX	8.64	12/30/2003	06/30/2004	09/15/2004	09/17/2004	09/30/2004	-
17 Feb 2004	Final	GBX	17.80	12/31/2002	12/31/2003	03/17/2004	03/19/2004	03/31/2004	26.23
22 Jul 2003	Interim	GBX	8.43	12/30/2002	06/30/2003	09/10/2003	09/12/2003	09/30/2003	-
18 Feb 2003	Final	GBX	17.37	12/31/2001	12/31/2002	03/12/2003	03/14/2003	03/31/2003	25.59
23 Jul 2002	Interim	GBX	8.22	12/30/2001	06/30/2002	09/11/2002	09/13/2002	09/30/2002	-
12 Feb 2002	Final	GBX	16.86	12/31/2000	12/31/2001	03/13/2002	03/15/2002	03/28/2002	24.84
24 Jul 2001	Interim	GBX	7.98	12/30/2000	06/30/2001	09/12/2001	09/14/2001	09/28/2001	-
13 Feb 2001	Final	GBX	15.90	12/31/1999	12/31/2000	03/14/2001	03/16/2001	03/30/2001	23.43
25 Jul 2000	Interim	GBX	7.53	12/30/1999	06/30/2000	09/11/2000	09/15/2000	09/30/2000	-
15 Feb 2000	Final	GBX	14.45	12/31/1998	12/31/1999	03/13/2000	03/17/2000	03/31/2000	21.23
27 Jul 1999	Interim	GBX	6.85	12/30/1998	06/30/1999	09/06/1999	09/10/1999	09/30/1999	-
16 Feb 1999	Final	GBX	13.11	12/31/1997	12/31/1998	03/08/1999	03/12/1999	03/31/1999	19.36
21 Jul 1998	Interim	GBX	6.25	12/30/1997	06/30/1998	09/07/1998	09/11/1998	09/30/1998	-

Temple Bar Investment Fundamentals

Profit and Loss Account
	31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)		31 Dec 2021 (GBP)
turnover	37.28	100.00%	39.80	100.00%	12.69	100.00%	27.72	100.00%	m
pre tax profit	33.26	89.21%	35.70	89.68%	8.72	68.74%	24.40	88.02%	m
attributable profit	33.10	88.78%	35.52	89.25%	8.39	66.13%	23.74	85.63%	m
retained profit	28.22	75.69%	-0.23	-0.59%	-24.14	-190.25%	-1.28	-4.60%	m
eps - basic (p)	49.50		53.12		12.55		35.57
eps - diluted (p)	49.50		53.12		12.55		35.57
dividends per share	46.72		51.39		41.25		39.50

Temple Bar Investment 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	-	-%	-	-%	-	-%	-	-%	m
intangibles	-	-%	-	-%	-	-%	-	-%	m
fixed investments	905.12	98.67%	1,085.84	98.69%	773.62	97.89%	857.09	98.08%	m
current assets - other	-	-%	-	-%	-	-%	-	-%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	3.23	0.35%	3.25	0.29%	2.47	0.31%	5.17	0.59%	m
cash & securities	9.01	0.98%	11.15	1.01%	14.22	1.80%	11.63	1.33%	m

TOTAL	917.36	100%	1,100.24	100%	790.30	100%	873.89	100%	m

LIABILITIES
creditors - short	1.21	0.13%	1.07	0.10%	40.33	5.10%	2.14	0.24%	m
creditors - long	113.97	12.42%	114.05	10.37%	74.63	9.44%	74.67	8.54%	m
creditors - other	-	-%	-	-%	-	-%	-	-%	m
subordinated loans	-	-%	-	-%	-	-%	-	-%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	115.18	12.56%	115.12	10.46%	114.96	14.55%	76.81	8.79%	m

EQUITY
ord cap, reserves	802.18	87.44%	985.12	89.54%	675.34	85.45%	797.08	91.21%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	802.18	87.44%	985.12	89.54%	675.34	85.45%	797.08	91.21%	m

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

Temple Bar Investment 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	30.91	42.76	6.76	24.15	m
Pre-Financing CF	30.91	42.76	40.46	73.83	m
Retained CF	-3.16	2.14	3.07	-2.59	m

Temple Bar Investment Brokers

%1$s Brokers
Name	Activity	Type	Mnemonic	Code
J.P. Morgan Cazenove Limited	Market Maker(MME)	Broker/Dealer	CAZR	CAZEGB2L
Cenkos Securities Plc	Market Maker(MME)	Broker/Dealer	CNKS	CNKOGB21
Collins Stewart Europe Limited	Market Maker(MME)	Broker/Dealer	CSCS	CSTEGB21
Canaccord Genuity Limited	Market Maker(MME)	Broker/Dealer	CANA	HOARGB21001
HSBC Bank plc	Market Maker(MME)	Broker/Dealer	HSBC	JCAPGB2L
J.P. Morgan Securities Ltd	Market Maker(MME)	Broker/Dealer	JPMS	JPMSGB2L
Nyenburgh Holding B.V.	Market Maker(MME)	Broker/Dealer	NYBB	NYENNL2B
UBS AG	Market Maker(MME)	Broker/Dealer	UBS.	UBSWGB2LEQU
Winterflood Securities Ltd	Market Maker(MME)	Broker/Dealer	WINS	WNTSGB2LBIC